Economic struggles spur calls for public banking

Spurred by the recession, bank bailouts and the difficulty consumers are having getting loans, members of the Occupy movement and others are stepping up calls for a public banking option.

North Dakota currently has the nation’s only state-run bank. Supporters point out that the state is the only one to have had a budget surplus since the economic crisis began, and has an unemployment rate below 4 percent.

TRACY LOEW

Full Story: http://www.greatfallstribune.com/article/20111227/NEWS01/112270313/Economic-struggles-spur-calls-public-banking

***

The Bank of North Dakota eyed by cash-hungry politicians http://matr.net/article-47817.html