MainLine Peace Action/DelMont PDA

February 2, 2011

Ever Hear Of The BPA?

Filed under: economics — Tags: , , , — Walter Ebmeyer @ 5:54 am

BND stands for the Bank of North Dakota, the state-owned bank that is the main reason the state of North Dakota is sailing along without a deficit and a bank credit crisis.  When you bank with Bank of America, your money leaves the state and some banksters in Wall Street make a pretty penny.   Several other states are considering such a move (Washington state has bills in the legislature).  Why not BPA – the Bank of Pennsylvania?

http://beavercountyblue.org/2011/02/01/why-not-public-banks-of-our-own-the-north-dakota-model/