Hey, everybody ... California voted out the bankers

[yankeedoodle]

Psst...didn't you hear the news?  Probably not, because NOBODY reported it, except a few - and I mean FEW - sites, such as Truthout, and The Guardian, in Britain.
https://duckduckgo.com/?q=california+public+banking+law&t=h_&ia=web

Truthout
California Rebukes Predatory Wall Street Megabanks With New Public Bank Law
https://truthout.org/articles/california-rebukes-predatory-wall-street-megabanks-with-new-public-bank-law/

California Gov. Gavin Newsom on Wednesday signed into law historic legislation that would allow the state's cities and counties to establish public banks as an alternative to private financial institutions, a move advocates hailed as a "stunning rebuke to the predatory Wall Street megabanks that crashed the global economy in 2007-08."

The Guardian
California just legalized public banking, setting the stage for more affordable housing
Supporters say the change allows for funding infrastructure demands or providing loans to public agencies at low rates
https://www.theguardian.com/us-news/2019/oct/03/california-governor-public-banking-law-ab857

Cities and counties in California will be allowed to create their own public banks, making the state one of just two to legalize institutions of that kind.

The California governor, Gavin Newsom, on Wednesday signed the Public Banking Act, or AB 857, which will allow city and county governments to create, or sponsor, public banks. Those banks will in turn provide public agencies access to loans at interest rates much lower than they could find at private banks.