Was perusing the Tubes of You and came across a CC “Metal Leo,” who visits decaying cities in CA (yup, there’s Gavin, selling his used BMWs).  Recently watched a familiar area – Fisherman’s Wharf and North Beach in SF – and was really surprised at the decline.

Gone.

Used to work there.  Once got catastrophically drunk in a restaurant/bar after a work … gathering … like passed out on a bench intoxicated.  Tequila is the true frenemy of alcohol.

Anyhoo, was just struck by how the system … all the systems – political, social, economic – are inextricably linked together, like a RatKing, that survive and thrive or decline and die as one. 

Liberal socio-political policies are designed to encourage and support the human, recognizing the basic needs of all, but they fail – epically – with the realities of modern existence.  Which explains homelessness, crime, and failing schools in Dumbocrat-controlled cities.

Conservative policies unapologetically dispense with humanity and view the human experience with a bottom line … this costs that, not spending for them, they and all the others will just have to make do.  Which explains clean streets, strict policing, healthy businesses, and bland demographics. 

Somewhere in the middle life happens, and occasionally we all need help.

But … hey.  Give a man a fish, he eats for a day.  Teach a man to fish, he eats for a lifetime.

However … big part of the problem is that the gub’mint and the mankind masters want to give nothing and teach even less.  It seems the idea is to wear the individual to the nub until death occurs with minimal complaint.  Not immediately, mind you – need the worker bees – but just enough not to be a problem.  Reproduce, to ensure your children can replace you, but a better life?  Pssshhah all over that.

Rants on the Tok of the Tik from just about everyone about the expense of life, and the ridiculousness of the expectation that people can live on the wages companies/employers offer. 

Yah, bit of a joke.  That is entirely lacking in humor. 

And even less funny is there appears to be no way out of the economic morass strangling the mainstream, with the wealth gap an abyssal crevasse at this point.

Maybe the aliens will save us (hint: there are no aliens / only fallen angels – distract much?)

But.

Perhaps there is an alternative.  Not an immediate fix, but possibly a sustainable solution. 

North Dakota. 

What?

Where?

DFQ?

Yes.

In the early 1900’s North Dakota was a blasted land of wide-open space, sparse settlements, and hardscrabble farms.  Part of the issue with the state – aside from being a blasted land of wide-open space, sparse settlements, and hardscrabble farms—was a dearth of financial institutions willing to invest in the region’s future.  Banks in Chicago and Minneapolis at that time tended towards exploitation rather than investment, so state leaders sought alternatives.

Enter: the state-owned bank.  A government-owned/-operated entity focused on public access over profit.  How refreshing.

In 1919, a bunch of socialist agitators (oops) established the Bank of North Dakota for the purpose of protecting the state’s farmers via low-interest loans.  A century later, the BND is dedicated to fostering financial growth within the state, lending to borrowers when other banks refuse.  BND offers “participation loans,” whereby it lends in collaboration with other financial institutions to lower the overall risk. 

How refreshing.  100 years of success in banking by keeping the money accountable to the people.
{Exodus 22:25}

Unsurprisingly, the TBF banks are opposed, arguing that they adequately serve the needs of the public, such that a public bank – owned by the people rather than profiteers – is unnecessary, undercapitalized, expensive to start, and lacking in expertise.

Funnily enough, if the residents of a state support a public bank, it tends to do just fine – ergo, to wit: BND – and if people believe a banking institution focuses on service (as opposed to giving customers the shaft) the success of the organization becomes a group effort. 

Also, banks are not actually demonic alien monoliths (well, not mostly) but people within carrying out the tasks of the organization, and if those selfsame people are offered good gub’mint jobs with benefits carrying out the same actions as in private enterprise … well, a public bank would therefore have plenty of institutional expertise. 

May have mentioned somewhere around these parts but the Federal Reserve is not a governmental entity, rather privately owned/operated. The feds borrow funds to function, and pay interest to the private parties for the privilege of operating the country … almost $1T (yes, that is trillion) in interest debt, at this point.  Total national debt? $35T … BonaboKong.

Seems the feds could take a lesson from North Dakota … start a federal bank actually owned by taxpayers, instead of keeping Americans in perpetual, generational debt. 

Time to repeal the Federal Reserve Act? 

Careful.

Might/likely end up with CBDC, with every transaction tracked, logged, monitored.

Enter:  gold nuggets.