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When the people fear their government, there is tyranny.
When the government fears the people, there is liberty.
-- Thomas Jefferson

During times of universal deceit, telling the truth
becomes a revolutionary act.  -- George Orwell

First they ignore you, then they ridicule you, then they
fight you, then you win.  -- Mahatma Gandhi

It is time for every state to follow the North Dakota model and create a state bank and impose state tax on all the foreign products

Posted on | December 2, 2010 | 2 Comments

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Regarding the establishment of a Bank of Washington State

Thursday, December 2, 2010 2:34 PM
From:
“Kirk MacKenzie” <kirk@silentnomorepublications.com>

Add sender to Contacts

To:
“Mailing List” <kirk@SilentNoMorePublications.com>
Those who have come to acknowledge the banking system and the bankers behind it are THE PROBLEM, have started to work on creative solutions using States Rights. See the comments at the bottom of the enclosed email. The formation of state banks is one of the creative ideas that is coming from the bottoms up, and I recommend you track developments in this area.

———————————-

Begin forwarded message:
From: Sarina Forbes
Date: December 2, 2010
Subject: Regarding the establishment of a Bank of Washington State

Announcing a new Meetup for Seattle Campaign for Liberty!

What: Regarding the establishment of a Bank of Washington State

The latest dose of bonuses to Wall Street Bankers was $140,000,000,000 (Yes, $140 Billions in bonuses not the salaries). They made that money using YOUR MONEY! Ibrahin Soudy hosts Ibrahin’s Salon and he invites C4L members to share in this opportunity to learn about a subject we have been bandying about. He says you will not want to miss this film and discussion!

John Repp and Cindy Cole wrote the first draft of a bill to establish a Bank of Washington State that was introduced at the last legislative session. Since that time they have learned much more about banking and how a state bank would help Washington State.

The huge tax payer bailouts of the largest banks after the collapse of the financial system in 2008 has not translated into a recovery for the working people of this country. Credit is not flowing to small business and community banks are still failing, foreclosures continue unabated and unemployment remains high, wages stagnant or falling and state treasuries in deficit. The entities that caused the collapse are still in charge, financially and politically.

What can be done? One step is the creation of a public, not for profit bank, owned by the citizens of Washington State. A Bank of Washington State would be modeled after the Bank of North Dakota, the only existing state bank. North Dakota is the only state in the union with a state budget surplus, no community bank failures and an unemployment rate of around 4%. Credit is flowing in the state. All tax revenues are put in the Bank and the money is used locally. Profits are put back into the bank and into the state’s general fund.

Category: Uncategorized

Comments

2 Responses to “It is time for every state to follow the North Dakota model and create a state bank and impose state tax on all the foreign products”

  1. Phil
    December 4th, 2010 @ 12:22 am

    Orly:…if this is legal, then, I agree with it! This would “trump” the Obama Adm. and make them “do their jobs”!

    It seems that these “tarrifs” stopped under Clinton, when they began to promote “free trade”??? So that means that he signed the law on this. And now, Obama wants to move forward with “free trade” with S. Korea! Neat! No foreign taxes there!!!

    Such “treasonous ‘disloyalty'” in this govt! And every one of these people who voted for this (one) signed law, needs to be prosecuted, fully! Apparently, they forgot the Name of: Benedict Arnold!!! And this would make some of these companies “stop producing” products overseas…? I even see where one or more canned mushroom products have the wording: (“a Product of China?”)!

    All businesses should be required to bring their “production” of their products back to the USA!

    This whole “foreign entanglement” is another arm of the discussion that President Washington tried to warn us with! I know he was discussing military…but this concept can be applied to just about all aspects of life, as long as America is on the “short end of the stick”!

    Davey Crockett…

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