I want to thank the roughly 46% of voters who believed in me and my solutions on Nov 6th. I also want to thank every single person who donated, volunteered when they could, endorsed me, posted a comment, or spoke about my campaign in any positive way. To each of you I am humbled and will forever appreciate all that you did and gave. Now I want to make it clear that my loss does not in any way take away from my platform or solutions. That just because I was unable to speak to every constituent in the district doesn’t mean the majority of the people would not have agreed with my solutions and voted for me if I had. Considering the many conversations I did have, especially with Republican voters things might have gone differently. But they didn’t and I’m okay with that.
Nevertheless I am absolutely convinced that our county leaders can save millions in taxpayer dollars every single year and create an opportunity to lower property taxes without hurting revenue streams by pursuing and implementing the nearly 100 year old Republican lead idea of public banking as they did in the state of North Dakota. Such a public bank would not have a need for any brick and mortar buildings, tellers, or ATM’s. No individual taxpayers or businesses would have accounts at a public bank, so a public bank would not compete against but instead partner with all existing banks and credit unions. However, any taxing body within the county interested in saving taxpayer dollars certainly could.
By creating a countywide public bank they and all taxing bodies within the county can avoid creating new regressive sales taxes or sell the messy potential that bonds sometimes offer to pay for infrastructure and job creation programs. North Dakota has on average a 1.05% property tax because of their nearly 100 year old public state bank. Such a countywide public bank would also offer them a chance to stop looking for non-economically viable revenue streams like video gaming that only serves to fill local government coffers at the expense of low income people. There’s even the potential for ridding ourselves of those high interest predatory cash and loan stores that prey upon the working poor. One last thing about a possible public bank is that North Dakota has been the only state in America to run in the black every single year since it chartered its public bank in 1920. That includes the Great Depression beginning in 1929 and the more recent Great Recession in 2008, the affects of which we still feel to this day.
Once a public bank is chartered they could then pursue investing in a countywide publicly funded broadband Wi-Fi service as more than 180 other American communities and counties have done. This has the potential of turning our county into a mid-west tech hub. There’s also Property Assessed Clean Energy or PACE financing that would allow any small business owner to upgrade their business into the 21st century without any upfront costs and have up to twenty five years to pay back the loan. PACE could potentially be used for homeowners who wish to customize and upgrade their homes with 21st century green technology in much the same way businesses can use this financing tool.
For myself, I’m happy continuing on being a school bus driver driving my precious cargo to and from home and school and political activist for causes I believe in. I ran for office in hopes of getting on the inside so these ideas could be spoken about from within. It wasn’t meant to be, but my ideas, if looked at with clear eyes and open minds can certainly be done without my presence on the county board. It is my hope that members of the county board and administration, every taxing body within the county, every bank and credit union trustee and manager, city councilor and mayor, other elected officials, the media, and you, the worker and homeowner who would directly benefit from these ideas would research this concept to help grow the conversation. I’m all too happy to continue to push this idea, but I cannot do it alone. Together, we can do what is right for the greater good of us all. You need only go HERE for more specifics and details on what public banking can do for us.