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Public Banking – Good For the People

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Why should any sufficiently large government entity use a gigantic, multinational, for-profit bank for any purpose? The best interests of the people represented by a government body would seem to be served by keeping any profits and interest from government financial transactions in the area where these people live.

Public banking is a way to do just that. It can be done at a national, state, county, or local level. It has been working well for decades in Germany, India, China, Brazil, and North Dakota, among other places. Study up a bit and see if you think it is a good idea.

Good overview with FAQs:

An effort to nationalize the Federal Reserve Bank:
FB page: https://www.facebook.com/UnitedFrontAgainstAusterity

Interview video with transcript:

Focus on Germany:

Focus on North Dakota:

From Occupy.com:

Good article:

Brief history of banking in America:

Good MSM overview:

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