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	<title>State Bank &#8211; Greg Laden&#039;s Blog</title>
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		<title>Minnesota Could Get A &#8220;State Bank&#8221; if Rebecca Otto Becomes Governor</title>
		<link>https://gregladen.com/blog/2018/05/10/minnesota-could-get-a-state-bank-if-rebecca-otto-becomes-governor/</link>
					<comments>https://gregladen.com/blog/2018/05/10/minnesota-could-get-a-state-bank-if-rebecca-otto-becomes-governor/#comments</comments>
		
		<dc:creator><![CDATA[Greg Laden]]></dc:creator>
		<pubDate>Thu, 10 May 2018 14:51:24 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Election 2018]]></category>
		<category><![CDATA[Governor's Race]]></category>
		<category><![CDATA[Rebecca Otto]]></category>
		<category><![CDATA[State Bank]]></category>
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					<description><![CDATA[In 1919, the farmers of North Dakota got fed up with predatory lenders, and successfully lobbied for a credit union style state-run bank for them to use instead. Private sector financial institutions elsewhere in the country would have none of this, and destroyed this initial effort by freezing the North Dakota bank out of access &#8230; <a href="https://gregladen.com/blog/2018/05/10/minnesota-could-get-a-state-bank-if-rebecca-otto-becomes-governor/" class="more-link">Continue reading <span class="screen-reader-text">Minnesota Could Get A &#8220;State Bank&#8221; if Rebecca Otto Becomes Governor</span> <span class="meta-nav">&#8594;</span></a>]]></description>
		
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