Steve Farley

Arizonans for a New Economy

Arizona Legislature Considers Multiple Public Banking Bills (video)

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Arizonans for a New Economy
Arizonans for a New Economy has been working on public banking initiatives in Arizona since 2011.

Austerity is a lie.

We have plenty of money.

The problem is that it is being gambled on Wall Street, instead of being invested on Main Street.

That is the message of public banking.

The State of Arizona– and 48 other states– allow billions of  dollars in taxpayer funds to be invested for the benefit of Bank of America, JP Morgan CHASE, Wells Fargo, and other Wall Street banks who our hold rainy day funds. Shareholders in those “too-big-to-fail” banks make money on OUR money, while we are told to “tighten our belts”. The only state whose economy didn’t crash in 2008-09 was North Dakota because the State of North Dakota created a public bank in 1919 and invests its money at home, rather than allowing Wall Street to invest ND funds for the benefit of Wall Street shareholders. Forty percent of the world’s banks are public banks, but there is only one in the US because our country and our government are controlled by Wall Street.

Public banking advocates across the country are working on state and municipal public banking initiatives. Public banking initiatives have been proposed by both Republicans and Democrats in multiple sessions of the Arizona Legislature. This year, there are multiple bills addressing public banking and/or the health of community banks in Arizona.

The most promising bill is SB1395, proposed by Southern Arizona Senator Andrea Dalessandro, a long-term public banking advocate which would establish a task force to study the feasibility of establishing a state bank of Arizona. SB1395 will be heard by the Senate’s Financial Institutions Committee on Wednesday, February 18, 2015.

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LWVGT video “Is Democracy for Sale?”

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  “Zona Politics” host Jim Nintzel highlighted today a recent League of Women Voters of Greater Tucson program which featured three Arizona political consultants David Leibowitz, Barrett Marson and Max Fose, and  two former candidates  Christine Jones (only woman who ran for Arizona Governor in the August primary of 2014 as a Republican) and  Democrat … Read more

SunLink Streetcar

Tucson Loves the Streetcar: 60,000 Ride in First 3 Days (images)

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SunLink StreetcarTucsonans celebrated the debut of the modern streetcar in a BIG way this past weekend– by riding it en masse. Following multiple ribbon-cutting ceremonies along the route on Friday, July 25, 2014, 17,000 Tucsonans rode the SunLink streetcar on the first day alone.

A total of 60,000 people total rode the streetcar for free over the three-day weekend and flooded special events, restaurants, bars, and retail venues along the route. If social media is any indication, the well-organized celebration was a smashing success, with hundreds of smiling streetcar riders posting Facebook selfies, Tweets, and random video clips of the festivities and their experiences on the streetcar, at the pop-up downtown beach, or at the multiple events. The city is to be commended for orchestrating a complicated roll-out of a new mass transit service. From ice-cold water bottles and helpful volunteers at all of the stops to a pop-up beach party off of Congress, every detail was well planned and well executed.

The modern streetcar was part of the Regional Transportation Authority (RTA) vote in 2006. The RTA package included something for everyone– road widening for the sprawl promoters and bus pullouts, improved bike paths, and the streetcar for the sustainability activists.

But the streetcar is far more than a mass transit service. Here are the top 10 reasons why the modern streetcar (and mass transit) are good for Tucson– and good for you.

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Uphill Battle: Rep. Victoria Steele Introduces Bill to Extend ERA Ratification Deadline

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PDA econ equalityEquality of rights under the law shall not be denied or abridged by the United States or by any state on account of sex.
– Equal Rights Amendment

by Pamela Powers Hannley

There is an ideological perfect storm brewing in the Arizona Legislature. A memorandum supporting extension of the ratification deadline for the Equal Rights Amendment (ERA) has been assigned to a committee where five out of seven members have pledged to protect and fight for the rights of fetuses over the rights of women.

Not content with winning the right to vote in 1920, women’s rights advocates proposed the Equal Rights Amendment (ERA) 91 years ago. The ERA was introduced during every Congressional session between 1923 and 1972 and finally passed nearly 70 years after it was originally proposed. In the 1970s, there was a ground war at the state level to get 38 state legislatures to ratify the ERA in order for it to become a Constitutional Amendment. The ERA fell 3 states short of ratification; Arizona is one of a handful of states that never ratified the ERA.

HCM2006 Sponsors

Fast forward to 2013, the ground war for women’s equality has resumed at the state level with ERA ratification proposals six states– Florida, Illinois, Louisiana, Missouri, Virginia, and now … Arizona.; Nevada and North Carolina plan to hear it in 2014. LD9 Rep. Victoria Steele has introduced HCM2006, a memorandum from the State of Arizona asking the federal government to extend the deadline for ratification of the ERA, and HCR2016, a fill to ratify the ERA.

In addition to Steele, the ERA memorandum has 18 co-sponsors– including two Republican women, Kelly Townsend (LD14) and Karen Fann (LD1). Below is the complete list. Although Southern Arizona is well-represented on this list with Steele, Wheeler, Gabaldon, Saldate, and Pencrazi, where are the rest of the Democrats and the “moderate” Repulbican? (Should I name names, or can you figure out who’s missing here? If you live in LD9, LD10, LD2, or LD3, you might want to ask your representatives and senators why their names are missing from this list.)