https://archive.freecapitalists.org:443/forums/5.aspxenCommunityServer 2008.5 SP2 (Build: 40407.4157)https://archive.freecapitalists.org:443/forums/thread/516466.aspxMon, 01 Apr 2013 20:13:17 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:516466Blargg0https://archive.freecapitalists.org:443/forums/thread/516466.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=516466<p> Anyone taking bets for how long until this free bank suffers the same fate as the Liberty Dollars?</p><div style="clear:both;"></div>https://archive.freecapitalists.org:443/forums/thread/516459.aspxMon, 01 Apr 2013 19:26:44 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:516459Bogart0https://archive.freecapitalists.org:443/forums/thread/516459.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=516459<p> This bank is the farthest I know of away from the US fascist banking system.</p> <p> http://www.freelakotabank.com/</p> <p> And they are NOT a fractional reserve bank which means unlike the NDB they can not stiff tax payers and currency holders if they go bust.</p><div style="clear:both;"></div>https://archive.freecapitalists.org:443/forums/thread/516430.aspxMon, 01 Apr 2013 15:15:15 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:516430Bogart0https://archive.freecapitalists.org:443/forums/thread/516430.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=516430<p> Socialist, yes.&nbsp; Better than the Federal Reserve System, yes. &nbsp; Are tax payers on the hook for fractional reserve banking losses?&nbsp; You betcha.</p> <p> This little bank just lives on the fact that the US Federal Reserve System is so hosed up.&nbsp; And guess what this little bank is actually like all the other non-financial instutitions in the USA on the hook for the US Federal Reserve System anyway.</p> <p> The article failed to mention that this state run bank versus Federal run is anything but new.&nbsp; Like their Rhode Island counterparts, the tax payers of North Dakota are on the hook for any losses by the bank.&nbsp; The bank is smartly not a FDIC regulated institution but still practices Fractional Reserve Lending and is therefore subject to bank runs like all the other Federal Reserve Banks.</p> <p> Would I prefer to deposit money here versus my banks.&nbsp; It does not matter because the government at all levels is intertwined with the the banking system.</p><div style="clear:both;"></div>https://archive.freecapitalists.org:443/forums/thread/516392.aspxSun, 31 Mar 2013 16:46:20 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:516392FlyingAxe0https://archive.freecapitalists.org:443/forums/thread/516392.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=516392www.salon.com/2013/03/29/north_dakota_is_bringing_socialism_back_partner/ Comments?<div style="clear:both;"></div>