[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]  [Register] 

Status: Not Logged In; Sign In

A top Russian banker says Russia's payment methods should be a 'state secret' because the West keeps shutting them down so fast Viral Biden Brain Freeze During Debate Sparks Major Question: Who’s Really Running the Country? Disney Heiress, Other Major Dem Donors: Dump Biden LAWYER: 5 NEW Tricks Cops Are Using During DWI Stops 10 Signs That Global War Is Rapidly Approaching Horse Back At Library. This Video Needs To Be Seen By Every Cop In America 'It's time to give peace another chance': Thousands rally in Tel Aviv to end the war Biden's leaked bedtime request puts White House on damage control Smith: It's Damned Hard To Be Proud Of America Lefties losing it: Rita Panahi slams ‘deranged rant’ calling for assassination of Trump Stalin, The Red Terror | Full Documentary Russia, Soviet Union and The Cold War: Stalin's Legacy | Russia's Wars Ep.2 | Documentary Battle and Liberation: The End of World War II | Countdown to Surrender – The Last 100 Days | Ep. 4 Ethereum ETFs In 'Window-Dressing' Stage, Approval Within Weeks; Galaxy Americans Are More Likely To Go To War With The Government Than Submit To The Draft Rudy Giuliani has just been disbarred in New York Israeli Generals Want Truce in Gaza, Joe Biden's felon son Hunter is joining White House meetings The only Democrat who could beat Trump Ukraine is too CORRUPT to join NATO, US says, in major blow to Zelensky and boost for Putin CNN Erin Burnett Admits Joe Biden knew the Debate questions.. Affirmative Action Suit Details How Law School Blackballed Accomplished White Men, Opted For Unqualified Black Women Russia warns Israel over Ukraine missiles Yemeni Houthis Vow USS Theodore Roosevelt 'Primary Target' Once it Enters Red Sea 3 Minutes Ago: Jim Rickards Shared Horrible WARNING Horse is back at library Crossdressing Luggage Snatcher and Ex-Biden Official Sam Brinton Gets Sweetheart Plea Deal Music The Ones That Didn't Make It Back Home [featuring Pacman @ 0:49 - 0:57 in his natural habitat]

Resistance
See other Resistance Articles

Title: Historic step forward: Gov. Gavin Newsom signs the Public Banking Act into California law
Source: [None]
URL Source: https://www.publicbankinginstitute. ... d=75c7a16ce4&mc_eid=88dcfdec72
Published: Oct 4, 2019
Author: Public Banking Institute
Post Date: 2019-10-04 09:40:51 by NeoconsNailed
Keywords: None
Views: 602
Comments: 28

Victory in California! Gov. Gavin Newsom’s signature has made AB 857 — the grassroots-generated, people-powered Public Banking Act — the law in California. The California Public Banking Alliance has been tireless in educating legislators, drafting language, and generating massive statewide public support. The strong leadership of the bill’s co-authors, Assemblymembers Miguel Santiago and David Chiu, generated 19 co-sponsors and support from several committee chairs, clearly demonstrating the will of the people is behind banks that serve the public interest. Congratulations to everyone involved.

The time has come for public banks to offer a people-controlled alternative to the private, profit-driven Wall Street banks that have failed to serve the public. The Alliance posted on Facebook:

“WE JUST MADE HISTORY!!! Governor Gavin Newsom just signed #AB857 Public Banks into law, making it possible for California cities and counties to take control of our own future. AB 857 is a victory fueled 100% by people power … With no budget, no lobbyists, and no playbook, we made our case for public banking — and for the first law of its kind in the nation. … The future is here — and California is leading the way for the rest of the nation.”

Click for Full Text!

Poster Comment:

This is an extremely good deal. He must be feeling lousy enuff about the state of things to actually do something right.

Post Comment   Private Reply   Ignore Thread  

#1. To: NeoconsNailed (#0)

"It does not take a majority to prevail, but rather an irate, tireless minority, keen on setting brush fires of freedom in the minds of men." -- Samuel Adams (1722-1803)‡

"Resistance to tyrants is obedience to God." -- Thomas Jefferson

ghostdogtxn  posted on  2019-10-04   9:58:47 ET  Reply   Trace   Private Reply  

they made no history: nd did this in 1919

all states should do the same

en.wikipedia.org/wiki/Bank_of_North_Dakota

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2019-10-04   10:00:08 ET  Reply   Trace   Private Reply  

The famous case.

_____________________________________________________________

USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2019-10-04   10:03:21 ET  Reply   Trace   Private Reply  

I know nothing of banking -- supposedly this angle give states more security.

_____________________________________________________________

USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2019-10-04   10:05:36 ET  Reply   Trace   Private Reply  

They won't create currency. The FED does that. But they will create checking account money with all that interest on money created out of nothing going to taxpayers, not Bankers.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2019-10-04   10:24:10 ET  Reply   Trace   Private Reply  

Other entities may also open accounts at the Bank; however, BND offers fewer retail services than other institutions, and it has only one office. These limit its competitiveness in consumer banking.[5] The bank does have an account with the Federal Reserve Bank, but deposits are not insured by the Federal Deposit Insurance Corporation, instead being guaranteed by the general fund of the state of North Dakota itself and the taxpayers of the state.[5]

LOL, what works in North Dakota sounds like a disaster in debt-ridden California.

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2019-10-04   10:27:26 ET  Reply   Trace   Private Reply  

Indeed. They made it through the '29 crash, the depression, and are still going strong. CA would be wise to study their underwriting and lending guidelines to avert the disaster you noted.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2019-10-04   10:56:16 ET  Reply   Trace   Private Reply  

Let me see if I correctly understand the focus of this brain fart. They are celebrating banks that do NOT focus on profit?????

Gee,I wonder how many days it will be before Hunter Biden and the other spawn of political creatures need loans to start bidnezzes?

And this bank starts getting public money to continue operating in 10...9...8...

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ In the entire history of the world,the only nations that had to build walls to keep their own citizens from leaving were those with leftist governments.

sneakypete  posted on  2019-10-04   12:42:15 ET  Reply   Trace   Private Reply  

I don’t honestly know how these are supposed to work. If these banks are backed by the FDIC, they won’t be “public”.

It's a scam. A way for connected insiders to siphon money from the state and US treasuries,while they also make money from the guarantees made by the Federal Reserve.

Think "Bank robbers in charge of the banks",and you won't be far off the mark.

The political class will NEVER admit they were wrong,so they will keep passing bills to fund the banks to keep them from failing. Meanwhile,their prime supporters,their children,and companies they have interests in will continue to get loans regardless of their ability or even willingness to pay payments on the loans.

This has to be the biggest con job in history.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ In the entire history of the world,the only nations that had to build walls to keep their own citizens from leaving were those with leftist governments.

sneakypete  posted on  2019-10-04   12:47:50 ET  Reply   Trace   Private Reply  

Federal bailout in 10, 9...

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2019-10-04   12:49:42 ET  Reply   Trace   Private Reply  

How about the ND one?

_____________________________________________________________

USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2019-10-04   13:55:50 ET  Reply   Trace   Private Reply  

"It does not take a majority to prevail, but rather an irate, tireless minority, keen on setting brush fires of freedom in the minds of men." -- Samuel Adams (1722-1803)‡

"Resistance to tyrants is obedience to God." -- Thomas Jefferson

ghostdogtxn  posted on  2019-10-04   17:30:33 ET  Reply   Trace   Private Reply  

I'd think so of any version of it going on in Fornicalia.

_____________________________________________________________

USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2019-10-04   17:36:04 ET  Reply   Trace   Private Reply  

But they will create checking account money with all that interest on money created out of nothing going to taxpayers, not Bankers.

Checking accounts are demand deposits. And if you write more checks than you have funds to cover them, it is called an overdraft. There are fees for returned checks and you cannot do this for long before it catches up to you. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2019-10-04   17:56:11 ET  Reply   Trace   Private Reply  

Not an overdraft as this is how the banks create checking account money out of nothing while charging us interest.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2019-10-04   18:19:03 ET  Reply   Trace   Private Reply  

hey go easy on BTP Holdings seeing how he had the menopause virus and all

IRTorqued  posted on  2019-10-04   18:40:19 ET  Reply   Trace   Private Reply  

Not an overdraft as this is how the banks create checking account money out of nothing while charging us interest.

Someone sent me two large checks a while ago. I used them to open an account at a nearby bank. I used their debit card to purchase several iTunes cards at Wal Mart.

The checks bounced and the account was overdrawn by nearly $2,000. That woman at the bank screamed at me, "You are going to pay all of this!"

A collection agency got hold of it. My Conservator wrote to them and told them to either write it off or submit their claim to the Probate Court.

They wrote it off but under state law can bring it back at any time in next 2 years. I doubt they will since they would have to pay the shysters to do it.

Oh, one more thing. That bank has changed names again. LOL

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2019-10-04   20:13:48 ET  Reply   Trace   Private Reply  

Congratulations -- sounds like you've got 'em, and gaud knows they need to be got!

_____________________________________________________________

USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2019-10-04   20:16:31 ET  Reply   Trace   Private Reply  

sounds like you've got 'em,

The commercial terminology is, the bank accepted the checks.

I had postal money order for almost $1,000 someone sent me. I took it to the bank and the manager called over to the court house and he refused to accept the money order.

I took that money order to the post office. They looked at it and then looked up the serial number to see if it was stolen. It was not. But this is small post office here and they do not do that amount of business in one day unless it were near the holidays. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2019-10-04   20:22:59 ET  Reply   Trace   Private Reply  

called over to the court house

Come again??

Took an MO to the PO today to pay my POB rent. Compounding my lateness, the PO's puter systems were being worked on and they couldn't process the deal. But the counter lady, normally a cold witch, cashed the MO and allowed me to bring her a check later.

I have a drawer, and at $356/year it's almost a clam a day now >:-8

_____________________________________________________________

USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2019-10-04   20:37:05 ET  Reply   Trace   Private Reply  

called over to the court house

Come again??

My Conservator made a photocopy of the postal money order. She did not want to touch it for some reason, maybe to keep her fingerprints off it.

When I went to the bank, the manager called over there and talked to her briefly. Then he refused to accept the money order. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2019-10-04   20:45:14 ET  Reply   Trace   Private Reply  

hey go easy on BTP Holdings seeing how he had the menopause virus and all

Not that I'm a pussy or anything like that, but that was pretty mean and uncalled for.

Esso  posted on  2019-10-04   22:28:04 ET  Reply   Trace   Private Reply  

A collection agency got hold of it.

I just got a call yesterday from a company willing to help me get out of my student loans.

I've never had any student loans, thank you.

Esso  posted on  2019-10-04   22:33:18 ET  Reply   Trace   Private Reply  

How about the ND one?

That was then, this is now.

No good shall come of the common folks.

Esso  posted on  2019-10-04   22:39:34 ET  Reply   Trace   Private Reply  

Of or for 'em?

_____________________________________________________________

USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2019-10-04   23:16:17 ET  Reply   Trace   Private Reply  

I just got a call yesterday from a company willing to help me get out of my student loans.

I've never had any student loans, thank you.

Some guy called me a few years back and told me I was in the National Guard.

I said, "Nope."

He said next, "Then you worked for the National Guard."

I said, "Not at all. Where are you getting your information?"

When they get your name, they think they know everything about you. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2019-10-06   11:22:12 ET  Reply   Trace   Private Reply  

called over to the court house

Come again??

The bank manager called over to the court house and spoke briefly with my Conservator. Then he refused to accept the money order.

This coming week I will pick up a letter from my primary physician which says I am able to handle my own finances.

Then Legal Aid will send me a lawyer so I can get rid of the bitch. She has repeatedly screwed me over.

Then she took $10,000 of my cash and opened a CD because as she said, "I couldn't resist the interest rate."

She Is NOT my financial advisor and I believe she has exceeded her authority. ;)

Look up "breach of fiduciary duty" and see what the remedy is for that. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2019-10-06   11:37:01 ET  Reply   Trace   Private Reply  

hey go easy on BTP Holdings seeing how he had the menopause virus and all

Not that I'm a pussy or anything like that, but that was pretty mean and uncalled for.

It was bacterial meningitis. It wiped out a lot of my memory.

Why do you think I have him on BOZO? ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2019-10-06   11:50:31 ET  Reply   Trace   Private Reply  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]  [Register]