A People, Once In Motion, Will Tend To Stay In Motion
Here’s a piece of heartening news about People waking up to take action in their own self interest.
“New Mexico House Votes 65-0 To Move $2-5 Billion of The State’s Money to Local Community Banks and away from the Bank of America and Other Large non-state Banks.”
The Big Banks Are Going To Take a Fall
You can read the news here from the Huffington Post.
I’d like to call your attention to our earlier blog about the Bank of North Dakota on January 19th.
You can scroll down the page and read it if you’d like or click the above link.
It’s about the beginnings of this ‘move your money’ movement and about a real success story with the State of North Dakota and their own state bank. This has been proposed by someone running for governor of the State of Oregon as well.
It’s a good idea and the time has come for it to spread out across the nation so states can recover and use the People’s resources right at home where they need them instead of shipping those funds out of state or to the Federal government where it will be given away to the same bankers that are taking it now.
The important point is that a slumbering Giant ( the People) has been prodded into awakening and has found that his home has been robbed.
Stripped clean by corrupt central bankers and their wall street gang members.
The People are awakening and aren't very happy!
The People aren’t very happy and it’s finally starting to show.
It’s only the beginning and, I’d like to point out just like I did in my previous blog that this too is just another cycle.
It too has happened before. In fact, that’s how the Bank of North Dakota got started setting up it’s own bank. It was way back in history during much earlier times (1919) and troubles with (guess who?) greedy bankers stripping assets out of their state.
The difference is that North Dakota did something about it and kept control of their money and used it too help their own citizens through educational and local business loans.
The Cycle has come around again and people have become educated (the hard way) to the usefulness of the plan and will, perhaps, use this as a way to do an end-run around the Big Banks and hit them where it hurts.
We’ll be looking at the markets next posting. I thought that this good news needed to get out today. - George
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