Sep 14, 2013 | Uncategorized
This past week, the Richmond CA city council voted 4-3 to move ahead with the Richmond CARES program, in which the city will buy underwater mortgages from lenders then reduce the amount owed by the homeowner to less than the assessed value of the home. More than half...
Sep 10, 2013 | Uncategorized
When Bear Stearns and Lehman started to collapse in 2008, we were warned that without a federal bailout the rest of the investment banking structure would follow, and we’d be facing a second Great Depression. Not quite, says economist Dean Baker in this article...
Sep 6, 2013 | Uncategorized
Boston city councilor and mayoral candidate Felix Arroyo is looking for community support for his “Invest in Boston” ordinance online, and you can sign a petition online here. The petition notes that the City of Boston has approximately $1 billion dollars...
Jul 16, 2013 | Uncategorized
to promote the idea of public banking for Massachusetts. Please check back often, as we’ll be posting information on public banking, what it is and how it works, as well as updates on our own efforts to bring democratic and public-spirited banking to the...
