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Posts Tagged ‘Treasurer’

On the June 14, 2014 episode of Exposing Faux Capitalism with Jason Erb, I discussed the following recent issues of the past week in the audio here:

Ontario’s recent election, Libertarian breakthrough, Freedom Party’s balanced budget gimmick, Ellen Brown got the most votes of any third-party contender for California Treasurer, and Canada’s Supreme Court decision requiring warrants for all internet user requests.

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I received this notification from Ellen Brown on June 10, in reference to her latest article, California’s top two primary eliminates third-party rivals.

Thanks very much for your support in my race for California state treasurer! I lost but did pretty well overall, getting more votes than any other third party or independent candidate for state office. Laura Wells did well too, also running on a state bank platform; see link. I’ll keep pushing for a state bank. There have been some promising developments.

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Today is the day for deciding who will become California’s next Treasurer, and monetary reformer and author, Ellen Brown, whom I have interviewed twice, is a candidate in the election.

Vote if you’re in California and still have time!

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Ellen Brown, president of the Public Banking Institute and candidate for Treasurer of California, has a new radio show, It’s Our Money, every Wednesday from 3 to 4 PM Eastern on the Progressive Radio Network, prn.fm.

For more on Ellen Brown, including my past interviews with her, see here.

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Ellen BrownEllen 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)

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As announced on Bill Still’s Still Report, Ellen Brown will be running for the position of Treasurer in California.

The good news is that the position is elected by the people, instead of being appointed by the legislature or any executive.

The Treasurer has a $75 billion investment fund, where some funds could be moved into a public bank.

Even if she doesn’t get elected, from my experience of following politics closely for over two decades, putting her name on the ballot raises awareness and gives her more attention and credibility in a subsequent election when there is more demand for positive change.

Instead of just sitting around and complaining or instilling people with hopelessness, Ellen Brown is directly engaging the public through the political process.

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