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2016 Postmortem

redstateblues

(10,565 posts) Tue Apr 5, 2016, 10:02 AM Apr 2016

Bernie Sanders Struggles To Explain How He Would Break Up The Big Banks

http://talkingpointsmemo.com/livewire/bernie-sanders-break-up-banks-ny-daily-news-interview

3 replies

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Bernie Sanders Struggles To Explain How He Would Break Up The Big Banks (Original Post) redstateblues Apr 2016 OP

The Sherman and the Clayton antitrust acts ought to do it. My Good Babushka Apr 2016 #1

Public Banks: Bank of North Dakota Octafish Apr 2016 #2

Actually, the State Bank of North Dakota MineralMan Apr 2016 #3

My Good Babushka

(2,710 posts)

1. The Sherman and the Clayton antitrust acts ought to do it.

Reply to redstateblues (Original post)

Tue Apr 5, 2016, 10:11 AM

Apr 2016

No need to reinvent the wheel.

Octafish

(55,745 posts)

2. Public Banks: Bank of North Dakota

Reply to redstateblues (Original post)

Tue Apr 5, 2016, 10:20 AM

Apr 2016

Bernie is a smart guy. When he finds a minute, here's a good place to learn about a state-owned bank that actually serves the people and business of North Dakota:

https://ilsr.org/rule/bank-of-north-dakota-2/

MineralMan

(146,333 posts)

3. Actually, the State Bank of North Dakota

Reply to Octafish (Reply #2)

Tue Apr 5, 2016, 10:38 AM

Apr 2016

does almost no consumer or business banking. It's not what you'd call a typical bank really. It has only one office and is the only state-owned bank in the United States. More info:

https://en.wikipedia.org/wiki/Bank_of_North_Dakota

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