(Audio length 00:59:17)
The lock-down on control of our money by private banks is facing an increased challenge in a variety of forms, from technology that creates new methods of exchange, to the public uprising for creation of new public banks. Today we speak with an exciting group of young activists in CA that have already accomplished some remarkable achievements, including a unanimous vote by the Los Angeles city council to foster a public bank and divest from Well Fargo, based on ethical demands. The student loan crisis is also receiving an ethical challenge from Andrew Yang, who has started his campaign for the 2020 presidential race calling for a universal basic income. And Ellen discusses how the massive hedge funds Black Rock and Black Stone control trillions of public dollars investment that exert overbearing pressure on how our money gets invested to create private profits rather than public benefits.
