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Thanks for the post.

This is truly interesting.

Let's keep the fed from regulating it!

Remember "It's a Wonderful Life"

George was the local building and loan... The community was the source of money, and also the provider of loans. Businesses loans, home loans, etc...were basically from your neighbors. Thats a image we can sell instead of the evil corporate banks!

Mike
Ron Paul is my HERO!!!

Mike
"Fire Team for Freedom"
visit www.mikeandjake.com

wolfe's picture

yep...

The next time that someone asks, what would we do without commercial lending as we know it today... Send 'em to that website, or another one if you find any others.

In the news bit that I heard, they referenced others, but this was the only one that I could remember... (pays to have a good domain name... :) )

The Philosophy Of Liberty -
http://www.thephilosophyofliberty.com/

Not Only That

The whole idea of a central bank monopoly is a thing of the past. It should have gone to the grave with Karl Marx.

Decentralization, freedom and unlimited opportunity should characterize the 21st Century. The so-called Federal Reserve System is a relic of the Industrial Era.

Paleoconservative

wolfe's picture

yep...

The internet is still bringing a vast amount of good change that was never possible before.

When I discovered the above website (heard it on NPR this morning), I was ecstatic. And I realized that the various socialist structures are starting to crumble and the whole movement is almost dead. They just haven't realized it yet... :)

Admittedly, I have had times of doubt, as I am sure we all have... But to see ideas like this not only be born but to actually take root and flourish is exciting.

The Philosophy Of Liberty -
http://www.thephilosophyofliberty.com/

wolfe's picture

Thought this deserved one more go around...

Not sure if I am the only one that cares about this. But this type of replacement for our current commercial banking system would make the Fed irrelevant.

We need to support ideas and concepts that will outlive this election that have the power to change the face of the country.

The Philosophy Of Liberty -
http://www.thephilosophyofliberty.com/