Bravo, sacip and bravo to the mod who stickied this post. This is an article that would have been very easy to miss or overlook. But the model that the Public Bank of North Dakota is based on is one that every state in the union should adopt. Local banking, owned by the state for the benefit of the citizens of that state.

Financial freedom is one of the most important elements of true personal freedom. That this model hasn't been duplicated in other states after over a century in business is a testament to the predatory nature of our current monetary system.

Great post sacip. This is a must read.