Why is California's Jerry Brown Robbing Main Street to Prop Up Wall Street?

By Ellen Brown

May 7, 2014 | Governor Jerry Brown is aggressively pushing [3] a California state constitutional amendment requiring budget surpluses to be used to pay down municipal debt and create an emergency “rainy day” fund, in anticipation of the next economic crisis.

On the face of it, it is a sensible idea. As long as Wall Street controls America’s finances and our economy, another catastrophic bust is a good bet.