Ellen Brown promoting state bank

06/08/2014 1:06 PM

06/09/2014 5:20 PM

Re "Arena deal, mayor, win big in Sacramento City Council races" (June 4) : This is another example of why we need a state bank, similar to what North Dakota has. This idea was proposed by Ellen H. Brown, the Green Party candidate for treasurer who just got 6.4 percent of the vote on Tuesday.

The California state bank could finance the Kings' deal. It would probably charge a lower interest rate than the thieves at Goldman Sachs. The profits would stay in California where they could pay for education rather than go line the pockets of Goldman Sachs.

Thank you, Brown, for running for treasurer to bring your proposal for a state bank to everybody's attention. The legislature ought to move forward quickly and now with such a proposal. Sen. Steinberg, Speaker Atkins, will you get started on this now?

-- Mark Graham, Elk Grove

Editor's Choice Videos

 

Join the Discussion

The Sacramento Bee is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Terms of Service