CA Gov. Brown lies: monetary, credit reform funds all
infrastructure NOW  California Governor Jerry Brown claims
California has no option but to cut public services to address a
state budget deficit of ~ $16 billion:  “You name it, and we’ve
got to cut it.”  He lies.  There are three immediate options to
completely solve this problem:    1. California could be its own
bank to issue interest-free credit to itself to close the budget
deficit, similar to what North Dakota does as the only state
with increasing budget surpluses. Governor Brown knows of this
option; he vetoed the bill to document the benefits.   2.
Monetary reform would solve this problem for all states, as it
creates debt-free money for direct payment of public goods and
services. This allows government to become employer of last
resort for infrastructure investment (hard and soft). Because
infrastructure historically adds more to the economy than its
cost, this means we have the triple benefits of full-employment,
state-of-the-art infrastructure