The Initiative posted below was passed by the Arapahoe County Democrats.  The Republicans appear afraid of their own shadows during an election year and won’t touch anything that will be as hard fought as this will be by the big banks – they don’t seem to understand the people who cast votes don’t like big [...]

  The U.S. unemployment rate is 8.3 percent. In North Dakota, however, it was just 3.3 percent in December, the latest month for which figures are available. There’s no mystery about why North Dakota is booming: They’ve struck oil! Production has increased more than fourfold since the beginning of 2008 and shows no signs of [...]

  Taking a cue from North Dakota, a large number of state governments are considering the establishment of a state bank. In the wake of the financial and mortgage crises, proponents are pushing for states to rely less on large national private banks and establish state-run financial institutions. North Dakota serves as the model for [...]

WRITTEN EXPERT TESTIMONY FOR BANKING/FINANCE COMMITTEES CONSIDERING STATE BANK LEGISLATION By Marilyn MacGruder Barnewall President, The MacGruder Agency, Inc. (Retired)   WHAT IS A STATE BANK? A state bank is owned by the public and is not a private corporation.  It is, thus, a public bank. The banks that do business with the public are [...]

Note: this resolution was written for Gunnison County, State of Colorado. Please use your county and state, and change where appropriate: STATE BANKS: RESOLUTION AND EXPLANATION For those who want to know more about state banking, go here to watch a speech on this subject for the Save America Foundation given by Mrs. Barnewall.   (Note: The [...]

INTRODUCTION The State Bank Initiative is one of the strongest and most positive steps we can take to mitigate the effects of foolish federal economic policy. Quite simply, the initiative allows any state that institutes a state bank properly* to get its financial house in order, support its own economy, and avoid the coming Fed-caused [...]

Note: This article was written six years ago by Marilyn M. Barnewall. When a big business news story occurs and little or nothing is heard about it outside of New York City, it always makes me suspicious. You may have never heard of a company by the name of Refco, Inc., but the arrest of [...]

This is an article written by Marilyn Barnewall at News With Views. In a speech I give about state banks, I begin by showing 20 slides. Each displays an overhead view of a city. Each city is covered with little red dots. Each dot represents a home in foreclosure… a broken dream for an American [...]

This is an article written by Marilyn Barnewall at News With Views. One of the things that became very clear to me years ago is the need to more clearly define the words we use. Without clear definitions, we can easily become victims of misinformation or disinformation – or even mis-disinformation. It’s a power game [...]

This is an article written by Marilyn Barnewall at News With Views. One of the hottest topics in the world of banking is State Banks. Oregon, Washington and Maryland have recently joined Illinois, Virginia, Massachusetts, California, Florida and Hawaii in evaluating the wisdom of implementing a “State Bank.” Governors of these States need to be [...]

How can the States each stay sovereign, and how can we rescue this sinking ship of America? State Banks, as in North Dakota! There is a growing movement today for states to feel they need to declare their sovereignty, yet Ms. Barnewall states that they CANNOT be sovereign, unless other powers also view them as [...]