[Occupymendocino] North Dakota

Richard Karch rkarch at mcn.org
Sun Mar 31 14:03:01 PDT 2013


> Why Is Socialism Doing So Darn Well in Deep-Red North Dakota? It's the Banks


 The North Dakota Republican super-majority is so conservative it recently passed the nation's most severe anti-abortion resolution – a measure that declares a fertilized human egg has the same right to life as a fully formed person.
But North Dakota is also red in another sense: it fully supports its state-owned Bank of North Dakota (BND), a socialist relic that exists nowhere else in America. Why is financial socialism still alive in North Dakota? Why haven't the North Dakotan free-market crusaders slain it dead?
Because it works.
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