Banking is social infrastructure, and is intimately dependent upon public support and regulation. To that extent, public banking is not ‘extreme’ or an ‘aberration’. To the contrary, it restores banking to its proper role as a tool of public development.
HR6407 is a purposefully horrible law and a gross miscarriage of justice that continues to this day. No other government agency at any level nor any federal contractor or private company has been mandated by law to fund retirement accounts 75 years into the future. The damage done to one of our national treasures by this law continue