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The Way to Occupy a Bank Is to Own One

December 16, 2011


Thanks for the reference to the Supreme Court’s decision that a state banking system is not unconstitu­tional. Green v. Frazier also held that legislatio­n which provides for engaging the state in business..­., and authorizes bond issues and taxation for carrying the scheme into effect is not unconstitu­tional as respects taxpayers. Could this argument be extended to counties and cities as well, as long the the state constituti­on does not expressly forbid it?
Read the Article at HuffingtonPost

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