Steven Gaal Posted July 14, 2010 Share Posted July 14, 2010 http://readersupportednews.org/opinion/41-41/2398-the-rationale-for-state-owned-banks thanks sg Link to comment Share on other sites More sharing options...
Steven Gaal Posted July 23, 2010 Author Share Posted July 23, 2010 http://readersupportednews.org/opinion/41-41/2398-the-rationale-for-state-owned-banks thanks sg ===================== Michael Moore recommends that the American people demand: Each of the 50 states must create a state-owned public bank like they have in North Dakota. Then congress MUST reinstate all the strict pre-Reagan regulations on all commercial banks, investment firms, insurance companies -- and all the other industries that have been savaged by deregulation: Airlines, the food industry, pharmaceutical companies -- you name it. If a company's primary motive to exist is to make a profit, then it needs a set of stringent rules to live by -- and the first rule is "Do no harm." The second rule: The question must always be asked -- "Is this for the common good?" (Click here for some info about the state-owned Bank of North Dakota.) see http://globalresearch.ca/index.php?context=va&aid=20221 Link to comment Share on other sites More sharing options...
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