Tag Archives: LA Times

LA Times Op-Ed: How a California Public Bank could fix the freeways, send kids to college and ambush Wall Street

The need to rebuild the nation’s infrastructure might provide an opportunity to overcome big bank opposition to public banking. The high cost of building and fixing roads, bridges, airports and the like is only increased by the fees and interest payments charged by private banks and by bond issuers. Public banks could mitigate those costs.