California Follows North Dakota’s Public Banking Example

18Oct

Public-Banking-03.jpgA law authorizing local governments to charter public banks was signed by Governor Gavin Newsom and amounts to an enormous condemnation of the monopolistic Federal Reserve Bank. The international bankers, who have used public money to finance every war since 1913, will bring all their power to bear to stop the California Public Banking Act. They have already started the attack, as we will explain subsequently. The Public Banks will not dare to spend depositor money to fund wars, and the Federal Reserve Bank knows it. The counterattack has already begun. The international Banker controlled press's limited reporting of this milestone event is the first sign of their massive counterattack. We Hold These Truths hopes to help expose it, and to encourage public banking nation wide. Listen to Charles Carlson put Public Banking into perspective with other issues in this 17-minute podcast. References: "California Public Bank Bill Becomes Law" and "California Rebukes Predatory Wall Street Megabanks With New Public Bank Law."  More from WHTT on Public Banking.