Michael Moore promotes state-owned banks

Michael Moore just came out with
“Michael Moore’s Action Plan: 15 Things Every American Can Do Right Now,” which lists as #4:
“Each of the 50 states must create a state-owned public bank like they have in North Dakota.”
It’s currently on the front page of Reddit (one of the world’s most popular websites).

REVIVING THE LOCAL ECONOMY WITH PUBLICLY-OWNED BANKS

The credit crunch is getting worse on Main Street, despite a Wall Street bailout now in the trillions of dollars. The Fed may have played all its cards, but state and local governments still hold a few aces. Some local politicians are looking into the feasibility of opening their own publicly-owned banks, providing them with [...]

Daily Bell posts

The Daily Bell, a Swiss journal in the hard-money camp, interviewed me (here) , then had Larry Parks respond (here). Now they’ve critiqued my latest article, on the IMF (here). They’re not budging from their hard-money position, but they are so diplomatic! They say, “we will comment on it and hope that [...]

Legal relief for distressed homeowners

Many people have written asking for help with their foreclosures, following several articles I wrote on that subject. I’m not actively practicing law now, just writing, so I thought I would suggest some alternatives here. For legal help, you could try these websites –
http://livinglies.wordpress.com/in-trouble-right-now-press-here/lawyers-who-get-it-work-in-progress/
http://www.succeedwithloanmods.com/
For steps to follow if you want to do it yourself, [...]

THE IMF CATAPULTS FROM SHUNNED AGENCY TO GLOBAL CENTRAL BANK

“A year ago,” said law professor Ross Buckley on Australia’s ABC News last week, “nobody wanted to know the International Monetary Fund. Now it’s the organiser for the international stimulus package which has been sold as a stimulus package for poor countries.”
The IMF may have catapulted to a more exalted status than that. According to [...]