Will Public Banking Free LA From Wall Street?

1. Research, research, research.

2. wow, bravo

3. A public bank in the form that it's been advocated would not work… It would be slowed down by bureaucracy and misdirected by shortsighted politicians to fund unviable white elephants. People should look east and learn from Singapore. The bank should be owned by the government through the private sector and treated as a private sector venture the same way Temasek and GIC of Singapore are run. The Public Bank shouldn't accept deposits from individuals but should serve as a central bank for credit unions. It should accept deposits from government-owned companies (all agencies and government parastatals should be commercialized and put under the management of the pension fund – – that way if government fails no one, no even the politicians get their pensions 😁 < that should be put in the law BTW)

4. Socialism bank and wtf

5. saw this on jimmy dore, looks to be an awesome idea

6. You're just turning state government into a corporation. Down the road you get the same problems or even bigger. Why should a public service make a profit in delivering that service?

7. Ayyy I’m in the video 🤘🏼 Cannibal Corpse

8. Eric andre!!!

9. Eric Andre?

10. Whoo Hoo. Hope this flies.

11. Mabe people should stop putting there money in banks.
    Family's should get together and start family or community banks.
    I stuff mine under the matress lol.

12. Banking should be a PUBLIC SERVICE, not a for-profit industry.
    The interest from a public-bank mortgage could completely replace property taxes.

13. Wow. Fantastic! Cutting the Wall Street parasites out of existence would be absolutely great.

14. This is a great idea. We keep allowing the banksters to rob us. Please note that Drump has created a lot of fantasies, not truths. Troops at the border, none, just words from a liar. Deport birthright American citizens, another lie, 10% tax cut for middle class, another lie, retain pre-existing conditions- that from people who have tried their best and voted against it for years-enormous hypocritical lie! Terrorists in caravan, lower drug prices, addiction treatment program- all lies. Congress is not in session. None of this will be done. The reality show host desperate to retain his ability to serve the plutocrats. Cut to empty store shelves, no lines for gas because there is no gas, no electricity, Martial law. Look at what has already happened all over the world. You won't believe what is going to happen to you if this charade continues beyond any hope of retrieving a democratic government.

15. Don't get too excited, the powers that be will never let this happen. Fascism has set its teeth in deep in our country and will not let go without being shot like a rabid dog. We need the post office to re-open its public banks.

16. legalize ranch, legalize public banking!

17. Short answer : Yes . I've been screaming posts on the Real News for YEARS , which have been completely ignored . The PROBLEM with virtually everything is a scam called " fractional reserve banking " . The first Sec. of the Treasury was Benjamin Franklin , NOT Bank of England agent Alexander Hamilton . When the Founders left England , they left DEBT and printed their OWN currency . Over the last 150 years or so , the Banks usurped the power of issuance from the Congress and now force the Government to borrow Bank created currency . Franklin was a printer , the Post Office is actually the National Bank . A Public Bank is inherent in the Constitution , as the power to create money is Constitutionally given ONLY to Congress . You can't be in debt to yourself . If Congress were actually CREATING the money , there would be no National Debt in the first place . Congratulations , you are beginning to figure it out .

18. How does this system apply to Canada? Is a public bank necessary or possible in Canada?

19. 2:23 that's incredible posture

20. "DO you trust bankers to run the banks?" Here here!

21. God damn!!

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