Aside from their general paranoia and guilt, the potential of a state bank movement may have Jeb Bush, Gingrich, and their patrons frightened out of their wits. They may be particularly fearful of the unpredictable and innovative Governor Brown who needs financial relief now and has the will and spirit to engage in a political showdown. BND is a highly credible state project. A Washington State bank would be significant due to the size of the state and the major business located there..
But a Bank of the State of California would represent a major threat to just about everyone of the Neo Malthusians. The state was and can be once again a trend-setter. What a trend that would be.
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