| California's economy is larger than all the BRIC nations, except China. How is it that it is $24 billion short then? Because of debts to the banks, that's how. Brown explains how the state could set up its own bank & run a surplus, like North Dakota. CA has more than enough money - it is being siphoned off by the private banks by their monopoly. Governator, are you listening? Tell the banks, Hasta la vista, baby. |
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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.
His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/
Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)