Will 2021 Be Public Banking’s Watershed Moment?
Faced with the dire Covid-19 crisis, some lawmakers are starting to see publicly-owned banks as the key to ensuring an equitable economic recovery.
The Gamers’ Uprising Against Wall Street Has Deep Populist Roots
Wall Street may own the country, as Kansas populist leader Mary Elizabeth Lease once declared, but a new generation of “retail” stock market traders is fighting back.
FDR Knew Exactly How to Solve Today’s Unemployment Crisis
A self-funding national infrastructure bank modeled on the “American System” of Alexander Hamilton, Abraham Lincoln, and Franklin D. Roosevelt would help solve not one but two of the country’s biggest…
Why the Fed Needs Public Banks
The Fed’s policy tools – interest rate manipulation, quantitative easing, and “Special Purpose Vehicles” – have all failed to revive local economies suffering from government-mandated shutdowns. . The Fed must…
Wall Street Gets Another Bailout as Main Street Struggles to Survive
Insolvent Wall Street banks that have been quietly bailed out again under the cover of the Covid-19 pandemic should be public utilities.
Vaccine at ‘Warp Speed’: When Profits and Politics Drive Science
Speculative bets with taxpayer money are being made on unproven technologies in the early stages of testing.
Ellen Brown: Crushing the States, Saving the Banks: the Fed’s Generous New Rules
It has long been a goal of conservatives to privatize public pensions, forcing seniors into the riskier stock market. Lured in by market booms, their savings can then be raided…