California Dreamin': Why I am running for State Treasurer
Originally published on opednews.com. (Emphasis added.)
Ellen Brown, author of The Web of Debt and one of the world's foremost advocates of public banking, is standing for Treasurer in the forthcoming California state elections. She plans to use the office of Treasurer to reproduce the success that the state of North Dokota, with its public banking system, had in avoiding the 2008 recession in California.
Governor Jerry Brown and his staff are exchanging high-fives over balancing California's budget, but the people on whose backs it was balanced are not rejoicing. The state's high-wire act has been called "the ultimate in austerity budgets."
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