Ellen Brown was on the Progressive Radio News Hour with Stephen Lendman on January 26, 2014, and here were some of the highlights:
- Her candidacy for Treasurer of California, where she intends to invest $75 billion of public funds in a public bank, instead of speculative Wall Street investments.
– The third annual Public Banking Institute conference to be held in Detroit in 2014
– Costa Rica’s banking system 80% publicly owned (Ed. They were ranked 53th most economically free out of 178 countries in the 2014 Index of Economic Freedom, ahead of Mexico and France).
– California governor Jerry Brown shocked at banks making 10 times the principal off of loans, regulated it down to four times the amount — still too high!
– The Bank of North Dakota the only publicly-owned deposit bank in the U.S. that serves the people
– Credit card companies making 2% off of purchases, and until recently, State laws prohibited retailers from charging a lower price for cash purchases.
– Her support for a new Bill of Rights to provide for housing, basic health care, etc. (This is one of the few points I disagree with her)