Government “of, by and for the people” is a precept adopted by citizens and politicians alike even though it may just be wishful thinking in terms of public policy.
As the political money power of corporations continues to roll over public interest policies and practices, significant new public remonstrance is growing on many fronts. One of them is West Virginia, home to generations of exploitation by out-of-state monopoly powers, where one of the most exciting grassroots uprisings in the nation has deployed a powerful campaign for creating transformational public policy through democratic action.
Its economic platform proposes a new public state bank.
We talk with the champion of this campaign who is running for governor, Steve Smith, who currently leads in the polls. And we visit with another populist leader, WA State Senator Bob Hasegawa, that State’s most stalwart proponent of a state bank; he considers it essential for the State’s economy and future. Now it looks like he’s going to find success in his 10-year pursuit after all.
First aired on It’s Our Money With Ellen Brown.
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