Monday, June 24, 2013

Big Banks Attempt Secret Coup Against Cheap Loans

The Trans-Pacific Partnership (TPP) is an international treaty negotiated in secret – hidden even from congressmen who oversee such treaties – which threatens to destroy national sovereignty.
Public banks – such as the Bank of North Dakota – can provide low-cost loans to Main Street, when Wall Street insists on high interest rates … or won’t even extend credit.
More and more states are considering launching their own public banks.
A 2011 study from Demos – a non-partisan public policy organization – in conjunction with the Center for State Innovation, analyzed the potential for “partnership banks” across the country, including numerous states already considering such legislation.   The study found:

http://www.washingtonsblog.com/2013/04/big-banks-attempt-secret-coup-against-low-interest-loans.html 

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