New Mexico's House of Representatives voted Monday to pass a bill that allows the state to move $2 billion - $5 billion of state funds to credit unions and small banks.It's a good start.
The municipal funds bill was approved 65-0, and is subject to a vote by New Mexico's Senate. Governor Bill Richardson told the bill's sponsor that he supports the legislation.
If we can defund the to big to fail institutions, they shrink, and lose influence in the corridors of power.
0 comments :
Post a Comment