This morning FOX NEWS broke yet another story regarding the ONE STATE that has created significant new jobs (presumably with stimulus money, which was the story’s leading premise).

We keep seeing North Dakota in the news as the ONLY STATE that added 18,000 new jobs, or the ONLY STATE with a budget surplus (1.3 billion) or one of ONLY TWO STATES not experiencing a budget shortfall, or THE STATE with the LOWEST UNEMPLOYMENT RATE IN THE COUNTRY, and the stories all seem to end with this inconclusive “somehow” mystery.

Why is it that mainstream media falls short on reporting the truly significant “ONLY STATE” factoid applicable to North Dakota which solves this mystery?

North Dakota is the ONLY STATE to run it’s economy in the manner specified under our United States Constitution, by virtue of managing it’s economy through a STATE OWNED BANK. We have sent this information to FOX NEWS before and we challenge them to follow up on this story by reporting to it’s viewers the only working, pragmatic solution to the current debt crisis in America that is currently in practice today, and producing phenomonal results.

As we have stated before, North Dakota kicked globalism out of it’s State in 1919, modeling it’s State economy on the Constitutional principle that America conceded to the Federal Reserve Act of  1913. Instead of bonding out to Wall Street, North Dakota balances its budget, creates new jobs and fuels its economy based on the American System of Sovereign Credit, which has ironically been abandoned by America, in favor of global monetarism.

The Constitution clearly mandates that Congress regulate our money supply and print or coin currency, NOT the privately-owned Federal Reserve. North Dakota simply takes the concept: “To borrow money on the credit of the United States” and applies it to the State, to borrow money on the credit of North Dakota, which of course is a banking function – therefore, the State Bank of North Dakota is the official depository of the State’s revenues, from which it extends credit to stimulate it’s economy.

The Bank of North Dakota has been around for so long, however, that skeptics can write off the state’s remarkable success to other factors. It’s great discovery of oil reserves for example has been cited by certain Obamatons as the State’s silver bullet, and yet these reserves have not yet been tapped, nor a drop of oil from them refined, let alone sold.

Now, a candidate for Florida’s Governor has made the premise of a State Bank of Florida the cornerstone of his 2010 gubernatorial campaign, citing the very same principles that have made North Dakota’s economy a success.

Meanwhile, the privately-owned Federal Reserve continues to bail out the  speculative losses of international banks with freshly printed American currency (through liquidity swaps, as we explained in detail a few posts ago).

As Obama bows to the global agenda of the IMF and the World Bank at the G20 summits and UN meetings, and bails out the International banks whose American “faces” donated over 3 million dollars to his campaign, do you really think that our current administration has it’s principles grounded in the Constitutional mandate to serve We the People …  or They, the International Bankers?

The State of North Dakota takes care of its own. You should hope that your State wakes up and does the same.

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