Are State Owned Banks the Solution?

[Snowbird]

The long-term goal appears to be one whereby we live in harmony, peace and prosperity void of money, trade or barter. However, in the interim, we have to take one step at a time to become grounded in order to prevent the populace from starving and becoming homeless.

State Owned Banks may be that first step towards this goal.

In Context TV: An Introduction to State Owned Banks

http://www.youtube.com/watch?v=xiYaEIwbwbg&feature=related


Ellen Hodgson Brown

Ellen Brown developed her research skills as an attorney practicing civil litigation in Los Angeles. In Web of Debt, her latest book, she turns those skills to an analysis of the Federal Reserve and "the money trust." She shows how this private cartel has usurped the power to create money from the people themselves, and how we the people can get it back. Brown developed an interest in the developing world and its problems while living abroad for eleven years in Kenya, Honduras, Guatemala and Nicaragua. She returned to practicing law when she was asked to join the legal team of a popular Tijuana healer with an innovative cancer therapy, who was targeted by the chemotherapy industry in the 1990s. That experience produced her book Forbidden Medicine, which traces the suppression of natural health treatments to the same corrupting influences that have captured the money system. Brown's eleven books include the bestselling Nature's Pharmacy, co-authored with Dr. Lynne Walker, which has sold 285,000 copies.

http://ellenbrown.com/



State Owned Banks: Fixing the Economy by Ellen Hodgson Brown

http://www.youtube.com/watch?v=v6Q0YWQdnfU&NR=1


Web of Debt, The Shocking Truth About Our Money System

http://www.youtube.com/watch?v=Bn6mlgrG51I&NR=1


The Corbett Report- The Tobin Tax - Ellen Brown on Economics 101

http://www.youtube.com/watch?v=JMeMsG4TfLE&feature=related

[Tane Mahuta]

I believe banks are created to serve their own interests(no pun intended). They create money from nothing, depending on the reserve rate. Fiat money = money backed by nothing.

In the interim, this is what I would do
- Get rid of the fractional banking system.
- Prevent the banks from creating money from nothing.
- Back the currency by gold or silver.
- Waive all fiat based debt(Globally).

Turn to a resource based economy(re: Jacques Fresco). Where the time/effort & labour are given freely. And where all are required to contribute to society.
I would re distribute many of the worlds resources to the poorest places.
I would install a Global system of Governance(for lack of a better word). But not to rule by fear & deception, but for the absolute good of all.
Then, I beleive, just maybe we might be headed in the right direction.

[Camilo]

State Owned Banks will never be a solution at all, it would be even worse that it is now. A possible solution would be people owned banks.

[Rocky_Shorz]

shhhhhh... someone might not think so... North Dakota has the only...


BISMARCK, N.D. — State Sen. Bob Stenehjem, who was North Dakota's Senate Republican majority leader for a decade, was killed Monday in a one-vehicle accident in Alaska, family members said... link (http://www.greenfieldreporter.com/view/story/f986d43ebe064582bfc98572f68c74b9/ND--Obit-Stenehjem/)

[Rocky_Shorz]

Just a coincidence the only State Bank in America is run by a relative of the GOP Congressman that just died in an accident... who Ron Paul was flying out to meet later this month... The war of 1812 was fought over the Banking system, no one said this would be easy...


BISMARCK — The Bank of North Dakota made almost $62 million in profits last year.

By: Associated Press, INFORUM

BISMARCK — The Bank of North Dakota made almost $62 million in profits last year.


The nation's only state-owned bank set a profit record for the seventh straight year.


Bank President Eric Hardmeyer presented the results Wednesday to the North Dakota Industrial Commission.

The commission is the bank's board of directors. It includes Gov. Jack Dalrymple (DAL'-rim-puhl), Attorney General Wayne Stenehjem (STEN'-jum) and Agriculture Commissioner Doug Goehring (GORE'-ing).

link (http://www.inforum.com/event/article/id/316764/)

[GlassSteagallfan]

In the interim, this is what I would do:
- Get rid of the fractional banking system.
- Prevent the banks from creating money from nothing.
- Back the currency by gold or silver.
- Waive all fiat based debt(Globally).


...aka the Glass Steagall Act of 1933, which the banksters ended in 1999 under Alan Greenspan

[sigma6]

I have a new theory... mankind has been brainwashed into thinking the only possible organizational structure is the "corporation" But this is just a pyramid hidden in plain site. We are being sold the idea that this is the only known organizational structure. People can't see it because they have been living in a world of 'pyramid structures' forever.... Institution = Corporation = Pyramid = Control System. Hence the saying "Civilization contains the seeds of its own destruction"... Yet also sitting right in front of us - the most stable organizational structure we can think of ... The Internet... relatively new on the scene, but look what it has done for us... where did it come from? who gave it to us?... (did ARPA really think it up all by themselves??? ) The cardinal characteristic of a pyramid is energy concentration, this might be one of its most ancient secrets (drawing POWER) All institutions are based on corporations. I will be 'harping' on this idea as I see it being so fundamental, so intrinsic to what is going on, it has broad application at explaining many things... ';] ie. for ex. the main issue with "Centralized Banking" is the concentration of power at the top, it contains the seeds of for it's own [corruption] ... it's just a matter of time...

[Mark]

In the interim, people must be educated regarding personal freedom and also about the fundamentals of the corporate fiction. Until we reach a state where the "heart is the currency" divesting from the system by creating an armada of free persons, investing together in the fundamentals of societal production (precious metals and land), coming in peace and seeking only to create sustainable communities with an emphasis on sustainable technologies and living in a resource-based barter/real value monetary system, is a viable and, what I believe is, the inevitable direction that those who are able to must journey toward, together.

In a sense, this creates a "State" of sorts, but a state of mind and shared vision rather than a formal, corporately-soled entity seeking only profit without pity. Conscious Capitalism as put forth by the founder of Whole Foods is a viable equity-based structure within which to build the skeleton of this shining franken-golem/flotilla/armada built and directed to encompass the dreams of the freedom-minded and ensouled. The mind must b freed before the body can be, but spiritual evolution must occur within the context of a physical evolution as well it seems to me, which means that both must be taken into account as the lower-chakra'd needs and desires are transcended and the higher chakra'd goals and requirements are met simultaneously in what appears in the physical as a mastership of the world in all aspects of Being-ness ... if that makes sense.