US States creating their own banks-On the Edge with Max Keiser

Ellen Brown on The Edge with Max Keiser Show • April 9, 2011

In this edition of On the Edge, Max Keiser interviews Ellen Brown; author of “Web of Debt.”

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4 Responses

  1. I have just listened to the interview between Ellen Brown and Max Keiser.

    It is good that the states get away from the FED and operate on their own.

    However, technically the model explained is incorrect. The problem with the fractional reserve system is not that money migrates to Wall Street, but rather it is because of the underlying instability of interest.

    This is explained at our site, any debt growth as a function of time introduces instability in the system that can only be remedied by removing the growth.

    That is the issue.

    Best regards,

    Marc

    • MARC check this Out , it talks about how this Financial Compliance Policy has taken over the Fractional Reserve System like a cancer , and this is more reason why the State banking idea is a salvation for States Independence to come shining through .

  2. http://www.djindexes.com/islamicmarket/
    “Shariah-Compliant Finance (SFC).”

  3. Oh my God! Get the hell off the Internet with this BS story of SFC. This has nothing to do with the State Bank of ND. If you have islamofobia, you should be looking at http://www.buildingwhat.org for answers about 911. The goat hearders who can’t fly c172’s did not fly a huge jet at 500kts (150kts over its max speed) into WTC1,2 and the Pentagon. If they did then why the hell didn’t the USA millitary get a fighter up to intercept Am flt 77, 45 mintues after WTC1 was hit. Total BS, trying to scare us. You people make me sick. My only fear is the government that covered up 911.

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