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The Linchpin Tipping Point to Reverse Centuries of Top Down, 1% Power and Privatization?

Health & Wellness  (tags: healthcare, news, business, money, society )

- 1990 days ago -
"Editor's note:I took the words "public banking" out of the title because it's so not sexy I thought it would turn people off. But I hope you'll read through this article. have become a Public Banking hyperenthusiast."-Rob Kall OEN

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Kit B (276)
Friday December 7, 2012, 2:31 pm

I follow Ellen Brown's books and articles, so I am aware of her philosophy and her credentials.Some have proffered that the low population of North Dakota is the key to the success of North Dakota. To the contrary, the size of the population in any state can but make public or state banks more successful.

On single payer there is a lot of cooked propaganda that fights the idea of single payer as being a negative to over all health care. In fact, as any good well documented research does show that this it the most successful way to dispense health care. Doctors, hospital administrators, those that require the highest levels of education will continue to be paid at levels commensurate with their educational investment and expertise, this too is well documented in the many countries that far out rank the US in health care.

We have been tinkering with privatization movement for over thirty years and at this point have more than enough information to know that privatizing the public sector is a total but expensive failure.


Mary T (178)
Friday December 7, 2012, 3:13 pm
Thanks Michael, Great article totally agree with it.

penny C (83)
Friday December 7, 2012, 3:28 pm
Thanks Michael.

Lisa Zarafonetis (168)
Friday December 7, 2012, 3:29 pm

Theodore Shayne (56)
Friday December 7, 2012, 4:02 pm
It's a very simple step to level the playing field between the investment banks and the public banks. Re-institute Glass Steagal that Bill Clinton repealed. His banking buddies have made a lot of money.

Michael C (217)
Friday December 7, 2012, 4:14 pm
Noted...Thanks Michael

Carol H (229)
Friday December 7, 2012, 5:04 pm
thank you Michael, noted

Joe R (190)
Friday December 7, 2012, 5:57 pm
Thanks Michael.

Evelyn Z (300)
Friday December 7, 2012, 6:16 pm
Noted. Interesting. Thanks Michael

Lois Jordan (63)
Friday December 7, 2012, 6:36 pm
Thank you, Michael. Great article that makes complete sense. Interesting to note that both Occupy and the Tea Party agree on this.

Angelika R (143)
Friday December 7, 2012, 7:39 pm
It's all there, so simple and clear, that would be the solution so what the hell are they waiting for. A fiscal cliff debate seems even more rediculous in light of this. Good for the 20 states that already passed bills for public banking but you bet Congress will try to block. As Kit stated, after 30 yrs folks should be wiser now.
Thx Michael for a good read.

Nancy Black (308)
Friday December 7, 2012, 7:50 pm
Noted, tweeted, and shared. Privatization was big on "W's" list, and we all know how well his economics worked. Thanks Michael for a little food for thought.

Edwin M (346)
Friday December 7, 2012, 11:48 pm
Thank you Michael.

Yvonne F (181)
Saturday December 8, 2012, 12:53 am
Thanks Michael for sharing this great articel. I believe people have to stick together as a majority and change things from there. The few rich people on earth only have power as long as we let them!

Past Member (0)
Saturday December 8, 2012, 1:47 am
Cheers Michael

Past Member (0)
Saturday December 8, 2012, 4:22 am
It isn't only the USA who waits with baited breath as this fiscal nightmare is handled. The world is watching and everyone must hope for a fruitful solution to banking mismanagement and the fiscal cliff scenario.

paul m (93)
Saturday December 8, 2012, 5:43 am


John D (47)
Saturday December 8, 2012, 6:35 am
Michael, thank you for a very thought provoking article. Looks like our "system" will devour itself in time...

Carlene V (202)
Saturday December 8, 2012, 6:58 am
Thanks Michael, Interesting article.

Teresa Cowley (274)
Saturday December 8, 2012, 8:55 am
Thank you Michael for an excellent article--which I will, of course share widely.
Much food for thought here!

Jane H (139)
Saturday December 8, 2012, 10:56 am
What a good idea--I'm already in favor of single payer health care, having bee advised of it benefits and cost effectivemenss. Thanks, Michael!

Kit B (276)
Saturday December 8, 2012, 11:28 am

Other countries may have higher taxes but should that not also be compared with how those taxes are spent?

Micahel Dewey (1021)
Saturday December 8, 2012, 1:41 pm
Here Belgium they pays higher taxes, but their Health Care does seem better for less cost cost. But they did take around a 5-1 hit on their money when euro-zone was setup.

MarietteAWAY G (175)
Saturday December 8, 2012, 4:11 pm
Noted, thanks for sharing Michael!

Dotti L (85)
Saturday December 8, 2012, 4:22 pm
Haven't "seen" you in a while, Michael. Thanks for the article.

reft h (66)
Saturday December 8, 2012, 11:18 pm
thanks for the article

P. L. Neola (21)
Sunday December 9, 2012, 6:42 am

This is all very nice! However, I can see that something else is in progress in America right now.

Some believe that U.N. Agenda 21 is in play at present. And, maybe it really is. I do not know. However, this great public banking idea will not survive with U.N. Agenda 21.

If you are willing to keep an open mind and read this book, Behind the Green Mask: U.N. Agenda 21, you will come to learn about another form of opposition against American rights and freedoms.

Craig Pittman (52)
Sunday December 9, 2012, 7:02 am
Public Banking certainly seems to be the way to go. We sure need some changes.
Thanks Michael.

Micahel Dewey (1021)
Sunday December 9, 2012, 7:36 am
Hi Dotti, been tired of much of the online stuff. Too much of it makes it sound like the MSM, which walkd away from 90% of 4 years back. I do love OEN, founded by Rob Kall, a talk radio DJ in Philly with a bottom up program. He has many writeds in the know about how to solve this complicated mess of a world.

I have been focusing on finishing a book of My travels around The States: some working in the IBEW. Some just driving around. And lots of walks thrown into. Always looking to play pool in Pool Rooms, Bars and Private Clubs. Going to add in some thoughts learned over the last 6 years. It is going to tie a lot of Rock and Roll, into spiritual wisdom. (It will need a ghost writer to ever get a Paper Back published.)

Joanne D (38)
Sunday December 9, 2012, 8:43 pm
Yes, this is where we need to be going. But I have been staring at it off and on for hours trying to wrap my head around how we are ever going to get it into practice, bloodlessly, past the 1%. I guess I need to read the book.

Incidentally if you could get back 40 from every dollar you spend because that's the amount of your current purchases that goes for interest for somebody, somewhere, but which private banking would eliminate, you would have a fair amount of extra money to spend on taxes right there.

David C (131)
Monday December 10, 2012, 5:39 pm
thanks, been meaning to comment, but kept forgetting....

Sheryl G (363)
Monday December 10, 2012, 5:47 pm
There's only one state with a public bank-- North Dakota-- and it is the state that has done better than every other state in terms of making budget and low unemployment.

That should be enough proof in the pudding right there. We don't need to reinvent the wheel, there are things that work well in all various areas either here in the US or in other Countries. Until we turn our back on the Destoryers we will remain with what we have, sorrow.

Carol Dreeszen (346)
Wednesday December 12, 2012, 3:43 pm
As long as we have the leadership we do in this country today nothing will change for the better...we will continue on down the same road sending money out of the country for other countries to be able to survive on while breaking the back of this one!!

Carmen S (611)
Friday December 14, 2012, 3:31 am
Thanks Michael for posting this

. (0)
Monday December 17, 2012, 11:17 am
Thanks Michael......

Nancy C (806)
Saturday February 16, 2013, 10:40 am
The prison situation really burns me up. Add corrupt judges profiting from jailing teens and I'm on fire. Let's keep moving from the "bottom up" and shed the power of the 1%. Thanx Michael. Luck with your writings. Have fun!
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