Radio interview One Radio Network, Mar 3 2010
State-Owned Banks a Blueprint for Future? - It has no automatic tellers or drive-up windows, doesn't issue credit cards, and tends only a few thousand checking and savings accounts. Its only location is a glass, steamboat-shaped headquarters near the Missouri River, where the business moved from its original 1919 home in a former auto assembly plant.
The Bank of North Dakota - the only state-owned bank in the United States - might seem to be a relic. It was the brainchild of a failed flax farmer and one-time Socialist Party organizer during World War I.
But now officials in other states are wondering if it is helping North Dakota sail through the national recession.
Andrew Gause, is a nationally recognized currency historian and money expert and is not afraid to defy the conventional wisdom and call it how it is by backing it up with facts. When it comes to the privately owned Federal Reserve, monetary systems, social security, the national debt, economic policy or private issues there is no better expert than our own true patriot.
Andrew has done over 1,000 TV and radio appearances and publishes a weekly newsletter "The World of Money." His first book "The Secret World of Money," challenges a wide range of topics dealing with the history and future of money. His second book, "Uncle Sam Cooks The Books" predicted the great calamity of 2007.
Andrew can be found LIVE every Wednesday 10am -11am CST on One Radio Network with host Patrick Timpone so if you are not tuned in you lose out!