Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
In the same category

17 States Considering State Banks

IMG Auteur
Published : March 01st, 2012
340 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
FOLLOW : Idaho
Category : Opinions and Analysis

 

 

 

 

Last year I asked SC Treasurer Loftis to consider placing the liquid funds of South Carolina in a bank owned & operated in South Carolina.




If our monies were deposited in a South Carolina owned bank, the people would have far more ability to use those funds in loans to create business and grow our economy. South Carolina, would be the beneficiary of the interest paid on those loans as well.



Why should our money be benefiting BOA & the Wall Street elite who are controlling South Carolina’s treasury funds for the benefit of their cronies and largely denying small banks and businesses in South Carolina access to them. South Carolina may need a state bank or at minimum, South Carolina funds should be held in banks that are owed and operated in South Carolina. Get our funds off Wall Street and back into South Carolina where we the people of SC can use what is rightfully ours." - -
Patricia of So.
Carolina


17 States Considering State Banks


Noel Brinkerhoff
All Gov
February 29, 2012


Taking a cue from North Dakota, a large number of state governments are considering the establishment of a state bank.


In the wake of the financial and mortgage crises, proponents are pushing for states to rely less on large national private banks and establish state-run financial institutions.


North Dakota serves as the model for this new experiment that 17 states are looking at. However, the state bank in North Dakota, the only one of its kind in the U.S., is not new, having been in operation since 1919.


With the Bank of North Dakota, financing is made available to support loans to students, farmers and others, while the bank’s profits go into the state budget to help provide more revenue for government programs.


Some states, such as Idaho and Vermont, have introduced legislation to study the idea of starting a state bank. Other states, like New Hampshire, Virginia, Hawaii, Washington and California, are debating bills that would create a state bank.



Read more:
http://chasvoice.blogspot.com/2012/03/17-states-considering-state-banks.html#ixzz1ntKClyKV

 

 

<< Previous article
Rate :Average :0 (0 vote)
>> Next article
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Gold & Silver Market Morning
17 Decsamking731
Gypsie, my take on what he's saying is on paper gold, not actual gold that you are holding in your hand. In that way, gold is gold, though Pandas ...
Gold & Silver Market Morning
17 DecGypsy1
You have me confused Julian. When you say "We believe that holders of gold in the Ruble. . . . ." I take it you are not talking about someone hold...
New Poll Shows US Citizens in Ev...
17 DecJosu O.
It's very sad to see such support of torture in USA. What is incredible is that a lot of those people consider themselves christians and nice peopl...
Mark of the Beast: Microchips ‘T...
15 DecGypsy
The really scary Future Event (scary to The Powers That Be) will be telepathy: communication without implants among ALL humans. That point comes wh...
Elliott Wave Charts Point to Sho...
15 DecS W.
Are they the same Elliott waves by Bo Polny who predicted that Gold would be $2000 by year end? Gold remains in a downtrend for all to see.
Hugo Salinas Price Asks Mexico f...
15 DecGypsy
Mish, the Salinas idea is only half a solution. On the up side; it would be only a half-solution here too. The other half of the solution is to get...
Mark of the Beast: Microchips ‘T...
15 Decsamking732
With things like this and the news that the govt is buying top bankers survival kits, why are preppers still considered the "Kooks"? It seems to m...
Declaring War on Russia?
14 Decphrv3
Why wouldn't the Obama administration lie? It has always worked, and will... as long as americans let their "representatives" misrepresent them!
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Comments closed
Subscribe to 24hGold’s daily market briefing
  • Prices and data of precious metals in 119 currencies and world mining companies
  • Daily analysis of the economy, markets and more
  • Free, daily and indispensable
Stay informed, subscribe now !
* Your email will never be shared.