MB Civic

Moyers had Jim Hightower on for his last show .. here’s one of many hightlights …

HIGHTOWER: In 1877, out near Lampasas. A group of farmers sitting around a table much like this. And getting run over by the banks and by the railroad monopolies, not unlike what’s happening today. People were being knocked down by corporate power. And that power was initially the banks that just gouged them. Usurious rates of lending. Cause farmers live on credit. You know, they were getting stuck with, you know, 20 percent, 25-30 percent interest rates. And realizing they were going to go broke. And said, “We’ve got to do something.” And out of that, you know, that question has come up so much throughout history. We got to do something. And people figure it out. And it became an incredible, they, the most extensive and most successful mass grassroots movement ever in this country around economic issues. It didn’t begin as political movement. They found ways to get credit, establish their own credit system. Bypassing the banks

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