A public bank for LA: instead of sending hundreds of millions to predatory finance, Angelenos' taxes can fund community development

And for the record, this is fantastic- public banks can be a vanguard for socialism. But there’s even more to love than that, public banks can finance all kinds things that the private sector generally refuses, like actual affordable housing.

http://inthesetimes.com/article/20044/the-fight-for-public-banking

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