California needs over $700 billion in infrastructure during the next decade. Where will this money come from? The $1.5 trillion infrastructure initiative unveiled by President Trump in February 2018 includes only $200 billion in federal funding, and less than that after factoring in the billions in tax cuts in infrastructure-related projects.
The banks where California “parks” its money will continue to own enough California politicians to make certain that no public bank emerges.
Such a simple solution except for the oligarchs who own are money supply. It is a no brainer but money rules. Why in the world are these funds diverted to vulture capitalists by democrats?
The most obvious answer is to make sure the public, not the politicians decide this and all other issues of concern.
Does direct democracy really work? A review of the empirical …