Arizona Republicans Move To Create A State-Run Bank

Chad Campbell • HuffingtonPost.com • February 14, 2011

Brace yourself — right-wing extremists in Arizona have swung so far right, they’ve crossed into the Leftern nether regions.

Evidence is shown by Arizona state Rep. John Fillmore, R-Apache Junction, who just introduced a bill calling for the establishment of a state-run bank in Arizona. A state commission would operate the bank, which would be called The Bank of Arizona.

It’s hard to believe that HB 2221 actually exists. Arizona Republicans – whose platform stands on limited government, privatization and “don’t nobody mess with my privately-owned business not even taxes” – want to create a state-run bank.

During the election last year, Fillmore, who now wants a state-run bank, described himself as “an ardent small government conservative.”

Hmmm…

Read entire article here.
Read the text of Bill HB 2221 here.

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12 Responses

  1. they Know its the Only way to try and sustain Liberty and Independence from these Elements of Controlled Competition ….

  2. Shariah Finance – USA Lawsuits and AIG – Tutorial #4 , this Gal in this Video is a Democrat Financial Professor and a expert in “Shariah-Compliant Finance (SFC).” with a stiff warning about what is going on in US Financial Firms in Wall Street .

  3. a State banking Enterprise can be a way to compete against this Shariah Financial Compliance Rule under Shariah Law , a Zero Interest rate Policy competing with of how Independent Finance creates true value growth in setting a value on our efforts to create and sustain Quality in Our LIVES , without any means of testing Value on human effort like the way a Zero Interest rate Policy works to demising risk taking in the sense of Capital lenders seeking a Quality sustainable return on an Investment and basing the interest rate of return on the venture based off its long term or short term benefits to improving human quality of life without a Interest rate lending policy the trend to devalue ones durable production leads to a Diminishing Quality of Lifes Standards , because this association is non existent in the Shariah Financial Compliance Policy and with this at the top of the US Fiancial Capital Originating financial system in Wall Street , where all Funding it found for the secondary banking system in the Credit markets , this has the whole Industry SHUT DOWN because no one can access the capital under these requirements and then re lend it out without compromising the Policy of Shariah , and why would anyone lend money taking risk for zero interest ?? This is a system that Eliminates Competition the bases of capitalism … Quality of Life will decline under this unless you are Royalty , and this creates a Peasant Society that FEEDS the royalty ….

    U.S. Interest in Shariah Finance Opens Dangerous Doors, Critics Say

    http://www.foxnews.com/story/0,2933,451416,00.html

  4. Sharia banking sure looks better than what we have in the U.S.!

  5. ARIZONA SUPPORTERS of HB2221 can email their legislators at http://www.lifelibertyfreedom.com

  6. Socialism requires the control of the many by the few from a place far out of
    harm’s way from the wrath of The People after being forced into socialist
    policies out of the barrel of a federal gun. Of course the naysayers insinuate
    that because all public funds must be deposted with the BoND that this equates to
    “The People of North Dakota” being forced to do likewise: the “socialist” label
    couldn’t stick without forcing everyone to suffer equally, or more equally, as
    Orwell might have said. Instead, the BoND is the antithesis of socialism: it was
    formed to counter central banking from out-of-state; it resulted from a populist
    uprising to bring control back; it allowed each private individual or business
    not to do business with the state, unlike with the Federal Reserve Bank, whose
    “dollar bills of credit” Congress forces all to accept for the payment of debts,
    while imposing via the National Banking Act of 1863 a 10% tax on state-chartered
    banks to issue “dollar bills of exchange” backed by good & services–in order to
    force businesses into using the national (socialist) banking system, rather than
    a more competitive and efficient state (asset-based) banking system.

  7. ARIZONA SUPPORTERS of HB2221 may want to contact Tha Arizona Association for Economic Development online at http://www.aaed.com and request their endorsement of HB2221.

  8. ALL ARIZONA STATE DEBT IS LISTED ONLINE AT http://www.azdor.gov CLICK ON REPORTS AND RESEARCH.

  9. ELLEN BROWN was a guest on ERNEST HANCOCK’S LIBERTARIAN TALK SHOW IN PHOENIX,AZ on APRIL27,2011.Visit http://www.freedomsphoenix.com ,go to radio/tv shows and click on GUESTS to access the show.

  10. THE OFFICE OF THE ARIZONA STATE TREASURER IS LOCATED IN PHOENIX AND IS ONLINE AT http://www.aztreasury.gov

  11. http://www.nasact.org is the website for THE NATIONAL ASSOCIATION OF STATE AUDITORS,COMPTROLLERS,and TREASURERS.I

  12. VISIT http://www.votesmart.org FOR A TREMENDOUS CONTACT LIST OF LOCAL OFFICIALS.

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