The Growing Movement for Publicly Owned Banks

The Growing Movement for Publicly Owned Banks
by Ellen Brown
Mar 17, 2010

We the people have given away our sovereign money-creating power to private, for-profit lending institutions, which have used it to siphon wealth from the productive economy. Some states are moving to take that power back.

Read the article here.

4 Responses

  1. Hi Ellen,
    Just came across your (kinda) new blog. I couldn’t agree with you more. If we are ever going to end our debt-backed monetary system (such as that proposed by swarmusa.com), then we need to start with state banks. Keep up the good work.

  2. Is there a petition yet to get this California state bank on the ballot? Please let me know, as I would like to sign it.

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