Ellen Brown: Defusing the Derivatives Time Bomb: Some Proposed Solutions
The “protected class” is granted “safe harbor” only because their bets are so risky that to let them fail could crash the economy. But why let them bet at all?
Ellen Brown: Casino Capitalism and the Derivatives Market: Time for Another ‘Lehman Moment’?
By Ellen Brown / Original to ScheerPost Reading the tea leaves for the 2024 economy is challenging. On January 5th, Treasury Secretary Janet Yellen said we have achieved a “soft…
Ellen Brown: Three Presidents Who Made Thanksgiving a National Holiday—And What They Were Celebrating
By Ellen Brown / Original to ScheerPost Three U.S. presidents were instrumental in establishing Thanksgiving as a regular national event. On October 3, 1789, George Washington declared the first federal…
Ellen Brown: More Banks to Fail? Not in North Dakota
By Ellen Brown / Original to ScheerPost U.S. banks are again in the crosshairs. Standard and Poor’s has downgraded five new middle-tier banks and put three others on negative outlook.…
Ellen Brown: War By Other Means: Short Selling JPMorgan Chase
By Ellen Brown / Original to ScheerPost When the FDIC put Silicon Valley Bank (SVB) and Signature Bank into receivership in March, a study reported on the Social Science Research…
Ellen Brown: The Federal Debt Trap: Issues and Possible Solutions
By Ellen Brown / Original to ScheerPost “Rather than collecting taxes from the wealthy,” wrote the New York Times Editorial Board in a July 7 opinion piece, “the government is…
Ellen Brown: Another Look at the Financial Transactions Tax
By Ellen Brown / Original to ScheerPost A small financial transactions tax could correct a number of maladies in our economic system, from the federal debt crisis to the widening…
Ellen Brown: Squeezed by the Shorts: Time to Ban Short Selling?
By Ellen Brown / Original to ScheerPost Short sellers have made a killing in the recent banking crisis, scalping $14.3 billion from bank stock owners just in March of this…
Ellen Brown: How the War on Crypto Triggered a Banking Crisis
By Ellen Brown / Original to ScheerPost According to an article in American Banker titled “SEC’s Gensler Directly Links Crypto and Bank Failures,” SEC Chair Gary Gensler has asked for…
Ellen Brown: The Cobalt Gold Rush and the East Palestine Disaster
By Ellen Brown / Original to ScheerPost Holidays in my childhood were spent at my grandparents’ farm in Plain Grove, Pennsylvania, 35 miles from East Palestine, Ohio. My grandfather’s grandfather…
Ellen Brown: Banking Crisis 3.0: Time to Change the Rules of the Game
By Ellen Brown / Original to ScheerPost On CNN March 14, Roger Altman, a former deputy Treasury secretary in the Clinton administration, said that American banks were on the verge…
Ellen Brown: The Looming Quadrillion Dollar Derivatives Tsunami
By Ellen Brown / Original to ScheerPost On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in…
What Will Happen When Banks Go Bust? Bank Runs, Bail-Ins and Systemic Risk
By Ellen Brown / Original to ScheerPost Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL…
Ellen Brown: Solving the Debt Crisis the American Way
Our forefathers turned their debts into currency. That Constitutional approach could work today.
Ellen Brown: What Does the Fed’s Jerome Powell Have Up His Sleeve?
The Real Goal of Fed Policy: Breaking Inflation, the Middle Class or the Bubble Economy?