2019-09-04 11:43:28

Could California Approve Public Banking?



GUESTS: Trinity Tran, Lead Organizer at California Public Banking Alliance.


BACKGROUND: A local measure in Los Angeles, California, last year to establish a public banking system failed. But organizers did not give up and instead set their sights even higher.

A bill, AB 857, introduced by Assemblyman David Chiu to allow municipalities in California to establish their own public banking system.

The bill has now gained steam and is working its way through various committees.

Based on the idea that public money should be held in public institutions rather than private Wall Street banks, organizers are more hopeful than ever for a public banking system to become a reality.

AB 857 california California Public Banking Alliance David Chiu Free Speech TV Public Banking System Rising Up with Sonali Sonali Kolhatkar Trinity Tran Wall Street Wall Street Banks

Economy

The David Pakman Show

There Are Food Lines in America in 2020

There Are Food Lines in America in 2020

The Thom Hartmann Program

These Companies Put Millions In Poverty From Low Wages

These Companies Put Millions In Poverty From Low Wages

The Thom Hartmann Program

Uber and Lyft Exploitation Of Gig Workers

Uber and Lyft Exploitation Of Gig Workers

The Thom Hartmann Program

Trump's Fake Economic Recovery

Trump's Fake Economic Recovery

Related

Democracy Now!

Indigenous Groups Vow to Keep Resisting as Construction Is Approved for Enbridge Tar Sands Pipeline

Indigenous Groups Vow to Keep Resisting as Construction Is Approved for Enbridge Tar Sands Pipeline

The Stephanie Miller Show

The Stephanie Miller Show - 11/25/20

The Stephanie Miller Show - 11/25/20

Democracy Now!

Medea Benjamin on the Movement to Oppose Michèle Flournoy as Pentagon Chief

Medea Benjamin on the Movement to Oppose Michèle Flournoy as Pentagon Chief

Democracy Now!

Democracy Now! 11/24/20

Democracy Now! 11/24/20