The States - The Economy - The Banks

27 states have reduced health benefits for low-income children and families;
25 states are cutting aid to K-12 schools and other educational programs;
34 states have cut assistance to state colleges and universities;
26 states have instituted hiring freezes;
13 states have announced layoffs; and
22 states have reduced state workers' wages.

The Center on Budget and Policy Priorities (CBPP) in Washington, DC estimates that the worst of the budget crisis will hit states in 2011 and 2012.

Since the worst of the states' budget shortfalls lies ahead, we can expect all of these numbers to deteriorate further.

Only North Dakota has a budget surplus and in fact, the largest they've ever had.

That's because they have a state bank.

Close your bank account. Stop allowing the elite to use your money. It's foolish. Call your representatives and tell them to examine state sponsored banks like the one in North Dakota.

Favorite

0 members favorited this

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by Jeff on November 4, 2009 at 10:11am: Well, no I don't, which is why we never did. The bank your paycheck is drawn on is required by law to cash it. Any branch.

My domestic partner is a school teacher. She works for the City of Minneapolis. She cashes her checks at Wells Fargo, the bank they're drawn on. We buy a few products at Wal-Mart, some groceries, each week. We get the Money Orders we might need then. Since her paychecks are valid for eternity we usually have 4 or 5 that aren't even cashed. It works for us. It might not work for everyone.

Figuring out why it won't work is less productive than imagining why it would. Nothing personal, but it works for us and isn't terribly difficult. The banks are the financial backbone of the NWO. As long as they have the ability to loan out your deposits at interest, factoring your money, we can't win. We have to remove the financing.

There's more of course, a lot. Among the many changes we need to make is the implementation of State Banks, as North Dakota has done, and as many economists are calling for. That alone would provide a place for you and others to put their money where it couldn't be used by the banksters. Until then, I refuse to have a bank account.

Comment by youhavetoforgiveme on November 3, 2009 at 9:01pm: We got the point dude.... I thought of another reason closing our bank accounts wouldn't really work in practice....

Do you REALLY believe that people (many Americans) who are financially hurting but still employed are going to walk down to the local check cashing place and lose 3-10% of what little pay they receive-- further risking their mortgages-- to pull this off?