tag:blogger.com,1999:blog-7018073541417646773.post5800236704133315186..comments2024-03-28T18:11:29.865-04:00Comments on UNDERNEWS: The case for municipal banksUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7018073541417646773.post-53918020151784974332017-08-17T08:45:34.822-04:002017-08-17T08:45:34.822-04:00Of course, municipal and state banks are an excell...Of course, municipal and state banks are an excellent and obvious way to have banking serve the people and not the 1%.<br /><br />The reason why we do not see municipal and state banks (except in North Dakota) is because they are blatant socialism, and the US is a capitalist country devoted to serving Wall St.<br /><br />A properly run municipal or state bank would likely sink all private competition in record time.<br /><br />Any conventional politician proposing a municipal or state bank would be promptly dropped down a very deep hole by their Democratic or Republican party.<br /><br />The Green Party however would probably favor this way of banking.<br />Anonymousnoreply@blogger.com