Better living through better policy.

Category: Debt

Banking on Failure: House Bill 130’s Public Bank Will Deepen New Mexico’s Credit Crisis

Post author By Patrick M. Brenner
Post date January 18, 2025
No Comments on Banking on Failure: House Bill 130’s Public Bank Will Deepen New Mexico’s Credit Crisis

A public bank is a forced gamble with taxpayer dollars that ignores market realities, mandates risky lending, and risks compounding the damage caused by the artificial credit crisis created by New Mexico’s interest rate cap.

Tags Angela Merkert, Bank of North Dakota, Community-based Financial Institutions, Credit, Earned Wage Access (EWA), Finance, Financial Losses, Free Market, Interest Rate Cap, Lending, No Loan For You!, Patricia Roybal Caballero, Price Controls, Public Bank of New Mexico, Tara L. Lujan, Taxpayer Risk

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Does the Mother Road Need Big Government?

Post author By D. Dowd Muska
Post date July 20, 2023
No Comments on Does the Mother Road Need Big Government?

Trait Thompson, executive director of the Oklahoma Historical Society, is now a member of the Route 66 Centennial Commission. Nominated by U.S. Sen. Mitch McConnell (R-KY), the bureaucrat joins representatives from Illinois, Missouri, Kansas, Texas, New Mexico, Arizona, California, and his home state whom The Swamp has tasked to “study and recommend in a report […]