Saving Our Economy With Public Banking--June conference info appended

[eridani]

Saving Our Economy With Public Banking

http://readersupportednews.org/opinion2/279-82/17480-saving-our-economy-with-public-banking

The Bank of North Dakota, while ensconced in a deep Republican stronghold, is one of America's best kept secrets. It began in the early 20th century as a way for farmers to deposit and borrow money without having to depend on the big, corrupt banks in New York and Chicago. The BND holds the state's tax revenues instead of Wall Street, and makes loans to the community at a reasonable rate through a partnership with 80 other community banks across North Dakota. And as a public bank, the BND has a policy of not engaging in Wall Street gambling schemes like derivatives trading, subprime mortgage lending or the credit default swap market. Because of that, North Dakota's public bank will never need a bailout from the taxpayers.

Because the privately-operated Federal Reserve still has a monopoly on our money supply, the BND still has to ultimately borrow money from the private banking cartel. However, the BND still supplies tens of millions of dollars to the state treasury every year that can be used for badly-needed investments in things like schools, healthcare and transportation infrastructure. Imagine if we could nationalize the Fed and our money supply, using the BND's model for all 50 states to safely deposit their money and make low-interest loans available to everyday homeowners and small business owners! It would bring Wall Street to its knees.

Luckily, the Public Banking Institute is teaching everyone how we can make that happen at their 2013 conference at Dominican University from June 2-4 in San Rafael, California. Birgitta Birgitta Jónsdóttir, a member of the Icelandic Parliament (and the Pirate Party), will be speaking about her fight to hold the Icelandic banks that ruined her country's economy accountable. Investigative journalist Matt Taibbi, who has written extensively about Wall Street's pillaging of local economies through obscure financial trickery, will be speaking as well. You can learn more about the conference by clicking here. Let's take our money, our economy, and our power back.

Register for June 2nd-June 4th conference.in San Rafael CA
http://www.publicbankinginamerica.org/

[arendt]

1. Thanks for the reminder...

Interesting organization - [http://www.publicbankinginstitute.org/ The Public Banking Institute].

[arendt]

2. Here's the link.

The Public Banking Institute

[dreamnightwind]

3. Thanks for the heads up

The San Rafael event looks interesting. I'm in that area, more or less, and will try to attend.