State Banks: A Solution to Our Economic Crisis

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Uploaded by on Oct 29, 2011

http://www.21stcenturyeconomicsolutions.com/ In this video former lawyer, James Jordan, talks about a unique local/state solution to the economic crisis. State chartered banks,historically, were powerful counter balances to Central Banking and Wall Street control of America's economy. There is a resurgence of interest in state chartered banks in the past few years due to Mega Banks and the unwillingness of the federal government to solve our continuing economic crisis. The State of North Dakota is a shining example of a state with no debt and the lowest unemployment in the nation. Their economic miracle continues despite the rest of the country's economic woes. The difference is they have a state chartered bank which is used to finance small business opportunties. North Dakota's economy is insulated from Wall Street corruption and control of credit.

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  • Thank you for your interest!

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  • Great clip! Thanks for clarifying what seems like an easy solution. 

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