From the FAQ on the new green deal that was posted on the AOC website:
How will you pay for it?
The same way we paid for the New Deal, the 2008 bank bailout and extended
quantitative easing programs. The same way we paid for World War II and all our
current wars. The Federal Reserve can extend credit to power these projects and
investments and new public banks can be created to extend credit. There is also
space for the government to take an equity stake in projects to get a return on
investment. At the end of the day, this is an investment in our economy that should
grow our wealth as a nation, so the question isn’t how will we pay for it, but what
will we do with our new shared prosperity.
*NOTE: the FAQ has been removed from the AOC website, and even the google cache has been removed! That's fast work!
You can find the archived FAQ here:
So essentially, isn't this saying we would once again sell the USA to the Federal Reserve by borrowing their money, and enslaving the USA further to the FED?
Is this the real objective behind the New Green Deal?