"Reviving the Local Economy with Publicly-owned Banks"

[Seashore]

Originally Posted by Kundaflower

Only way we could do that here at present is example that I or many people
together create a privite bank (needs only 5 million euros) and loan money to our county or even our goverment with much more smaller intrests....
We have played with this idea since its possible...
In Sweden they have something called JAK bank wich is quite close..

This is what people need to be thinking about doing!

Originally Posted by Kundaflower

Here short presentation about Florida bank:
YouTube- Khavari for Governor - Bank of the State of Florida

Here is the blurb that goes with this video:
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6% CD's, 2% fixed-rate mortgages, 6% credit cards from a state-owned bank. State earns billions per year, citizens save hundreds of billions per year in interest, money circulates in your state! Yes, it is possible, and quite simple. Even bankers agree it would work, and they are worried! Khavari is an economist, not a politician. He is not owned by banks and insurance companies. This would work in ANY STATE! Hey, someone send this to Arnold Schwarzeneger and save California!! www.khavariforgovernor.com

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Any comments from members of Avalon who live in Florida?

Originally Posted by Kundaflower

Here about JAK bank:
http://jak.aventus.nu/22.php?HIST=

Love
kunda

Nice website!!

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Thanks, Kunda!