'We have no shortage of public banking expertise or useful models. But what is lacking is the will to create the Public Bank of New Jersey.'
What is lacking is the will to challenge the governor's own bureaucracies. And what is lacking, most of all is the will to challenge the total domination of New Jersey finance by Wall Street and the private banking establishment.
Many of us still cling to the belief that Governor Murphy wants a real public bank. If so, he has the power, right now, to formulate a business plan to make it a reality. But does he have the will?
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