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Some states could do a good job of it and other states will make a hopeless mess of it. The key is not to live in those states. Yup. I hear it all the time from people who have spent most their adult lives working for or dealing with the US Federal Government. They all say the same thing. Washington isn't going to fix anything. The change has to be done at the grass roots level. I just heard one person pushing for banking reform say they have given up completely on the US congress. It's that bad.
There will be more talk of constitutional conventions, state banks, states rights, and all that. There are also battles on cleaning up the state governments as well. It may boil down to the most important people are yourself and those immediately around you. The Titanic is taking on more water and all they do is rearrange the deck chairs and tell everyone the next movie has started and they better hurry if they want a good seat.No! You can't have the keys to the wine cellar!Comment
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Well, Hillary was "not running" for President in 2006, but she changed her mind.
I actually would be fine with her staying in the Senate. We need her there, and about 50 more just like her (50 more like Bernie being the other half). But somebody decent has to take the Executive branch, and they have better name recognition than Rocky Anderson or Jill Stein. And in a media driven environment, that unfortunately matters far more than it should.Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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State banks seem like a no-brainer to me. I don't know why it's not seriously under discussion in more states.
Washington and Colorado would be the most obvious choices for state banks to start, as it would remove the entire question of national corporate banks being reluctant to handle "weed money" because the federal law is still against it.
I'm not a big fan of the shale oil industry, but the fact that North Dakota HAS the only existing state bank might help them keep a lot of money made from that industry within the local economy, as opposed to it all going to Wall $treet, or worse, a foreign owned corporation (i.e. Shittybank)Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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A state bank has worked well for North Dakota for a century. Most states put their money into private banks and the money leaves the state and then the banks can create ten times the amount of those deposits. With a state bank your money stays in your state and your state can make money on it. It can be used to self-finance state projects. It also gives the state an emergency capability if the national currency loses it's value.
The state could issue enough greenbacks to keep the state economy going in an emergency. The Federal Reserve just makes the money from nothing. A state bank can do the same trick but it needs to be careful no to issue too many. As long as the state accepts the payment in taxes everyone else should accept the currency. It would be a good emergency card to play in the extreme case of a national currency failure. It would give people something to get paid in and trade for food and some stability until a more permanent solution gets worked out.
Last edited by Nitro Express; 04-22-2014, 05:48 PM.No! You can't have the keys to the wine cellar!Comment
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Right, because we really need 50 more David Vitters banging prostitutes on the Senate Floor while wearing diapers on their heads. That would be so much better.....Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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Well, it's good to know that Jerksmear isn't completely opposed to the idea of an African American president.
But I don't believe I have ever heard Deion express an interest in politics.
Of course I'd never vote for anybody who played for the Dull Ass Cowpies, but that's just me.Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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