Idaho: James Stivers, Republican candidate

Idaho: James Stivers, Republican candidate for the State Senate

"An important part of sovereignty is the monetary authority. Currently, banks are allowed to multiply many times over the tax receipts deposited in their institutions. This special privilege is partly responsible for the ‘sucking sound’ in our local economies, as regional banks send their assets to central banks that are playing the derivatives markets of the world.

A state bank would restore this privilege to the people in a public trust and would give us the opportunity to back our deposits with the wealth from our public lands."