Public Banking: An Idea Whose Time Has Come

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-- federal, state and local debt could be substantially reduced or eliminated;

-- so could personal and payroll taxes federal taxes;

-- America's manufacturing base could be rebuilt;

-- social programs could be funded inflation-free;

-- vital infrastructure projects could be undertaken on a scale never before imagined, including cleaning up the environment and developing alternate, sustainable, clean, safe, affordable energy sources;

-- millions of new good-paying jobs could be created, ending unemployment for everyone able work; and for those willing but unable, aid could be provided;

-- foreclosures would end, and the dream of home ownership would be reachable for everyone because mortgages would be plentiful, cheap, and not designed to scam the unwary;

-- booms and busts would end;

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