A few weeks ago, a group called Protect USannounced the launch of an effortto create the Bank of Virginia, a “socially responsible public bank” modeled on the Bank of North Dakotathat “would provide low-cost public financing to municipal governments and state agencies.” The Bank would lend money only to “companies and organizations that Virginians support.” (Hat Tip: Blue Virginia). This makes … Continue reading The Bank of Virginia Act
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