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Blackstone, BlackRock, or a Public Bank? Putting California's Funds to Work


#1

Blackstone, BlackRock, or a Public Bank? Putting California's Funds to Work

Ellen Brown

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.


#2

The banks where California “parks” its money will continue to own enough California politicians to make certain that no public bank emerges.


#3

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?


#4

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 …

https://pressto.amu.edu.pl/index.php/pp/article/download/2099/2089