The state-owned Bank of North Dakota

James Hall, Contributor
Global Political Awakening

Fiscal conservatives often are blind when it comes to alternatives to the "so called" commercial banking system. Many conventional Republicans are ignorant or simply carrying the water for the crony capitalist banking establishment. The fractional reserve banking monopoly that operates under the auspices of the privately owned Federal Reserve System, despises any trace of competition. The bondage from debt created money has doomed Main Street to the fate of contrite beggars in search of securing loans. Useful purposes for business financing are not sufficient reason for the qualifying for commercial credit.

Is there an alternative to the Federal Deposit Insurance Corp. and centralized banking dominated by Wall Street investment banksters? Can state chartered commercial banks compete separate from the favoritism shown to the "Not Too Big To Fail" money centered banks? Well, Ellen Hodjson Brown JD, has popularized the subject of the state-owned bank and believes there is a better model for community banking.