March 18, 2010 by YES! Magazine The Growing Movement for Publicly Owned Banks
We the people have given away our sovereign money-creating power to private, for-profit lending institutions, which have used it to siphon wealth from the productive economy. Some states are moving to take that power back. by Ellen Brown "Hundreds of job-creating projects are still on hold because Michigan businesses and entrepreneurs cannot get bank financing. We can break the credit crunch and beat Wall Street at their own game by keeping our money right here in Michigan and investing it to retool our economy and create jobs." --Lansing Mayor Virg Bernero in The Detroit News March 9, 2010 Full Article: http://www.commondreams.org/headline/2010/03/18-7#comment-1455218 http://groups.yahoo.com/group/TakeOurMoneyBack/message/300
