Prosperity for Main Street, not Wall Street

PublicbankingTV
Youtube
Sat, 08 Feb 2014 02:41 UTC

© Unknown

Our cities are not broke. They are struggling with onerous interest payments to Wall Street bankers who are nothing but middlemen. These interest payments impoverish your communities, while enriching Wall Street. This video shows how municipalities, counties, universities and states can significantly reduce their interest payments by creating their own public bank. This has already been done and proven, and could cut the costs of public projects by at least half.

Link to previous video:
http://www.endtheillusion.org/moneyno...

Comment: See also:
SOTT Talk Radio: Interview with 'Web of Debt' author Ellen Brown - How the banking system controls the world
California Doesn't Need to Borrow Billions from Washington -- It Can Print Its Own Money
What does North Dakota have that other states don't? A $1.2 billion surplus (and its own bank)