PDACNM IN NOVEMBER
February 12, 2019
First Congregational United Church of Christ
2801 Lomas Blvd NE.
Doors open 5:30 Program begins 6:00
PUBLIC BANK IN NM?
Is a state bank in New Mexico’s future? It’s a possibility as activists work tirelessly to advocate for a public bank in NM. Come to our February gathering and hear a panel of very knowledgeable activists who have spent years researching, educating and lobbying for a public bank in our state.
Please try to be there before 6:00 because the doors lock automatically. However, if you can’t make it by then, ring the bell or text the number listed at the door and someone will let you in. It might take a minute so don’t leave!! We want to see you.
It’s the dinner hour so you are welcome to pack a sandwich and come on over. We’ll have tables for dining from 5:30 – 6:00.
BANK OF NORTH DAKOTA, THE ONLY STATE BANK IN THE US
Desperately poor and tired of being at the mercy of out-of-state economic powers, North Dakota’s farmers launched the Nonpartisan League in 1915. This political party united progressives, reformers, and radicals behind a platform that called for returning control of the state’s economy to its people. At the time, farmers were utterly dependent on out-of-state grain milling companies, national railroads, and Minneapolis banks, all of which had been gouging farmers.
In the 1918 elections, the League won both houses of the legislature. One of the first bills these new lawmakers passed created a publicly owned grain mill, the North Dakota Mill and Elevator, and a publicly owned bank, the Bank of North Dakota (BND).
Institute for Local Self Reliance. Read more here.