Florida: Farid Khavari, gubernatorial candidate

Florida, Farid Khavari, gubernatorial candidate:

"The economy is collapsing due to lack of demand. The economy needs money, but the banks are cutting credit, and then sucking all the cash out of the economy by raising interest rates to make sure no one has any cash left at the end of the month. The cost of interest is built into the cost of everything. People already work ten years of their lives just to pay interest in one form or another. The Bank of the State of Florida will end that for Floridians. And this model will work for every state. . . ."

Khavari: The era of commercial banks is over; state banks are the future.