[9wQlZkIj]

"The demand isn't simply to make a public bank but to treat the banks generally as a public utility, just as you treat electric companies as a public utility. The key about public utilities is their rate of return is guaranteed and the rules which they operate under are guaranteed. Just as there was pressure for a public option in health care, there should be a public option in banking. There should be a government bank that offers credit card rates without punitive 30 percent interest rates, without penalties, without raising the rate if you don't pay your electric bill. This is how America got strong in the 19th and early 20th century, by essentially having public infrastructure, just like you'd have roads and bridges...The idea of public infrastructure was to lower the cost of living and to lower the cost of doing business. You're not going to do that if you let Citibank write the rules."

http://www.justmeans.com/A-Real-Peop...ion/50253.html

[BoattyGonm]

America's only state-run bank is the Bank of North Dakota, which was originally set up to provide loans to farmers. Unsurprisingly, this bank has been getting a lot of national attention of late. As of August 2011, North Dakota has the country's lowest unemployment rate at 3.5 percent -- the only state below 4 percent (Nebraska comes in second place at 4.2 percent).[4] Brown notes that North Dakota is the only state to have had a continuous budget surplus since the banking crisis began.

[vypusknye]

..And there's hardly a nigger in the state....

[melissa]

..And there's hardly a nigger in the state....

Always a plus..

[Deengealf]

The problem with a national "Public Bank" is, obviously.. Political meddling.

However, the FED isn't all it's cracked up to be either.

I don't like the way the big banks orbit the FED at all. I don't like their lack of accountability. Their dealings behind the scenes (Lending and guaranteeing trillions, sometimes to foreign entities, and always on the backs of American citizens.)

Something should be done here.

[tipokotap]

http://youtu.be/GXu4P6KpoLU

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
WE ALREADY HAVE A NATIONAL BANK....WE HAVE HUNDREDS OF

NATIONAL BANKS, IN FACT. THE STUDENT LOAN BLACK HOLE BANK

OF AMERICA AND MANY OTHERS....


WE HAVE BANKS FUNDED BY THE AMERICAN PEOPLE

THAT PROVIDE INFINITE-TERM LOANS AT NO INTEREST

TO NINCOMPOOPS, DEADBEATS, AND SHIT-BAGS

OF EVERY TYPE AND KIND ALL OVER THE WORLD.


WE CAN'T AFFORD THE NATIONAL BANKS

WE HAVE NOW. I REALLY DON'T THINK

WE NEED AY MOE OF THEM.

[AbraxiaAsus]

http://youtu.be/GXu4P6KpoLU

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
OUR NATIONAL BANKS HAVE MILLIONS

OF NON-PERFORMING LOANS OUTSTANDING TO

CLIENTS UNDER EVERY BRIDGE IN THE U.S. AND EVERY

ROTTEN SCOUNDREL IN EVERY BANANA REPUBLIC

AND EVERY ROTTEN REGIME AND SCAM OF THE WEEK OPERATOR

AND EVERY ECONOMIC BASKET CASE, PRIVATE AND PUBLIC,

UNDER THE SUN.



THE SUN.

[Maribellin]

http://youtu.be/GXu4P6KpoLU

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FIRE THIS ROTTEN CONGRESS.


UNDER NO CIRCUMSTANCE SHOULD THEY

BE ALLOWED ANY ADDITIONAL RESPONSIBILITY.

[jackie Obrian]

LET BARNEY AND CHRISSIE WRITE THE RULES....

THEY WRITE SUCH PRETTY RULES...

[Breevereurl]

http://youtu.be/GXu4P6KpoLU

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~




HEY!!! WE NEED US A BANK CZAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


VAN JONES NEEDS A GIG.............

[jabader]

http://youtu.be/GXu4P6KpoLU

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


FUCK THIS ROTTEN GOVERNMENT.

[justashonglefan]

I was thinking more along the lines of operating the FED as a legal monopoly..

[Pinkman]

WHAT IS IT NOW?

[zdoppiklonikaa]

WHAT IS IT NOW?

A quasi-private entity that arbitrarily doles out trillions to everyone under the sun.. Leaving us responsible for losses.

[pharmaclid]

http://youtu.be/GXu4P6KpoLU

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


I THINK WE'LL ALWAYS BE FUCKED AS LONG

AS WE HAVE "I HAVE A PIECE OF HE OWES ME" MONEY INSTEAD

OF REAL MONEY WITH SUBSTANTIVE BACKING.


WHAT TO BACK IT WITH?

GOLD? U.S. PUBLIC LANDS?


THE BLOOD OF OUR FIRSTBORN?

(OOPS... THAT'S PLEDGED TO ISRAEL, SOUTH KOREA, ET AL...)

[satthackacibe]

I mean, when there's serious talk of Bankrupt States (such as California) going directly to the fed for a bailout.. and the unaccountable Fed can accommodate them without congressional approval.

We've got a problem.

[sniskelsowwef]

http://youtu.be/GXu4P6KpoLU

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
THAT'S WHAT ALL BANKS IN THE U.S. AMOUNT

TO UNDER THE FDIC AND THIS ROTTEN CONGRESS.

THE FED IS JUST THE BIGGEST SLUSH FUND


MASQUERADING AS A BANK.

[Galinastva]

Admittedly.. I haven't really formed an opinion on this..

But there's obviously a problem here.

[herawaq]

http://youtu.be/GXu4P6KpoLU

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
THAT'S WHAT ALL BANKS IN THE U.S. AMOUNT

TO UNDER FDIC AND THIS ROTTEN CONGRESS.

Yes.. But at least an act of congress is public knowledge.

This fed.. we don't know what they're doing.

[HaroldMY]

http://youtu.be/GXu4P6KpoLU

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


THE GUARANTOR OF ALL THESE HONEYPOTS IS ME, THE TAXPAYER.