Michael Moore supports public banking

In the wake of Michael Moore’s latest film Capitalism: a Love Story, he proposes 15 things every American can do right now.

Point 4 says: each of the 50 states must create a state-owned public bank like they have in North Dakota (and like there were in Germany before WWII).

The public banking option has recently been described by Ellen Brown as Reviving the Local Economy with Publicly-Owned banks.

Good to read GOOD NEWS in the plethora of  ‘crisis news’!