The annual report for the National Bank of New Jersey has been released and it gives you a very clear picture of what’s happening at NjBond.
It shows that Nj is in the middle of a crisis and that we are in the midst of a banking crisis.
It also shows that we have the largest debt of any state in the nation, that the public sector has been underfunded for some time, that we were the last state to enact a public option in its banking system and that there are now concerns that the banking industry could go under.
The report also highlights some key issues with the Nj’s public option.
Nj is the second state in New Jersey to introduce a public bank and it’s the first in the country to allow individuals to make loans.
In a statement, New Jersey Governor Chris Christie said that he would work with New Jersey legislators to find a way to make the financial services sector safer and more affordable.
The governor is a vocal critic of the public option, which has faced fierce opposition in other states and has become a hot-button issue in the U.S. He has made several unsuccessful attempts to push legislation through the Legislature that would have eliminated it.
We’ve heard the voices of our constituents in the past, so we will continue to work to protect our citizens from the risks that are being brought on by the lack of transparency that has been provided to the public by the banks.
But as Governor Christie has noted, it’s not enough to just get the public on board.
We also need to make sure that when we bring in legislation, we also make sure the legislation does not have the unintended consequences that have resulted in other banking systems collapsing.
Read the full NjReport.com report here.