The United States Has A Second Public Bank

By Rob Blackwell, The American Banker. -

Washington, DC — American Samoa is finally getting its own full-service bank — and successfully creating only the second public bank in the United States. The Federal Reserve is allowing the [...]

The Public Banking Movement Is Taking Off In The U.S.

By Margaret Flowers and Kevin Zeese, Clearing the FOG. -

Public Banks exist around the world. They are used to hold public dollars, such as taxes and fees, to keep the money local so it serves the public interest, instead of giving it to Wall Street [...]

This Is US: Student Debt Devours Young And Old

By Lynn Petrovich, End the Illusion. -

Over the past decade, through tax preparation work – both pro bono and paid - I’ve seen many student loan borrowers who, like Monica, have struggled not only to make ends meet, but also try to [...]

Student Debt Slavery: Bankrolling Financiers On Backs Of Youth

By Ellen Brown, -

The government, too, had to be enslaved by debt. It could not be allowed to simply issue the money it needed to meet its budget, as Lincoln’s government did with its greenbacks (government-issued [...]

Fight The Disease, Not The Symptoms

By Chris Hedges, -

By Chris Hedges for Truth Dig - The disease of globalized corporate capitalism has the same effects across the planet. It weakens or destroys democratic institutions, making them subservient to [...]

Goldman Sachs In Government Pushes Profits Of Goldman Sachs

By Marcus Stanley, -

By Marcus Stanley for Inequality - Goldman Sachs has been a conspicuous presence at the scene of one disaster after another in the past half century. The bank is a leader in a Wall Street [...]

How To Erase Puerto Rico’s Debt Without Hurting Mom And Pop

By Ellen Brown, -

By Ellen Brown for Web of Debt. During his visit to hurricane-stricken Puerto Rico, President Donald Trump shocked the bond market when he told Geraldo Rivera of Fox News that he was going to [...]

How Capitalist Central Banks Have Been Creating The Next Financial Crisis

By Jack Rasmus, -

By Jack Rasmus for Counter Punch - As central bankers, finance ministers, and government policy makers head off to their annual gathering at Jackson Hole, Wyoming, this August, 24-26, 2017, the [...]

Activist Investors Must Disrupt Corporate Business As Usual

By Clara Herzberg, -

By Clara Herzberg for Truthout - Once known by terms like "asset strippers" or "corporate raiders," activist investors -- shareholders who take large stakes in a company and pressure or replace [...]

Resistance Report: G20 And Pipelines

By Eleanor Goldfield, -

By Eleanor Goldfield for Act Out! The G20 has historically been a meeting of bankers and finance ministers. Indeed, it wasn’t until 2008 that the first summit was held in Washington, DC as the [...]

If China Can Fund Infrastructure With Credit, So Can We

By Ellen Brown, -

By Ellen Brown for the Web of Debt Blog. United States - May 15-19 has been designated “National Infrastructure Week” by the US Chambers of Commerce, the American Society of Civil Engineers [...]

Climate Change Financing Dropped From G20 Draft Statement

By Jan Strupczewski and Michael Nienaber, -

By Jan Strupczewski and Michael Nienaber for Reuters - Opposition from the United States, Saudi Arabia and others has forced Germany to drop a reference to financing programs to combat climate [...]

Wall Street Sets Political Outlay Record

By Jim Lardner, -

By Jim Lardner for - Wall Street will set still another record for political spending this election cycle. So far in 2015 and 2016, banks and financial interests have put more than [...]

Newsletter: Elections Expose the Oligarchs

By Kevin Zeese and Margaret Flowers for Popular Resistance. The 2016 presidential election has shown how the duopoly, the two parties that represent big business interests and the wealthiest, are [...]

The Silence Of The Left: Brexit, Euro-Austerity And The TTIP

By Michael Hudson, -

By Michael Hudson for Counterpunch. The media in the United States have treated the British vote against remaining in the European Union (EU) as if it is populist “Trumpism,” an inarticulate [...]

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