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Ellen Brown is an attorney, founder of the Public Banking Institute, and author of twelve books including the best-selling WEB OF DEBT. In THE PUBLIC BANK SOLUTION, her latest book, she explores successful public banking models historically and globally. Her websites are http://EllenBrown.com, http://PublicBankSolution.com, and http://PublicBankingInstitute.org.


OpEdNews Member for 651 week(s) and 3 day(s)

273 Articles, 2 Quick Links, 513 Comments, 4 Diaries, 0 Polls

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The main entrance to the Federal Reserve Building in Washington, D.C., From InText
(13 comments) SHARE More Sharing        Friday, January 10, 2020
The Fed Protects Gamblers at the Expense of the Economy Solutions are available, but Congress itself has been captured by the financial markets, and it may take another economic collapse to motivate Congress to act.
Carbon capture could help limit the effects of climate change.Carbon capture could help limit the effects of climate change., From InText
(4 comments) SHARE More Sharing        Friday, December 27, 2019
The Key to Solving the Climate Crisis Is Beneath Our Feet Saving the planet from environmental destruction is not only achievable, but that by focusing on regenerative agriculture and tapping up the central bank for funding, the climate crisis can be addressed without raising taxes and while restoring our collective health.
Wall Street through a fish-eye lens., From InText
(19 comments) SHARE More Sharing        Wednesday, November 6, 2019
Is the Run on the Dollar Due to Panic or Greed? The whole repo rigmarole underscores the sleight of hand on which our money and banking systems are built, and why it is time to change them. The banks could not function without public support. They should be turned into public utilities, mandate interests of the people and the productive economy on which the public depends.
Jerome Powell, chairman of the Federal Reserve, From YouTubeVideos
(2 comments) SHARE More Sharing        Wednesday, September 25, 2019
Trump's Recipe for Economic Disaster The U.S. doesn't need negative interest rates, because it doesn't have the EU's problems but it does have other problems unique to the U.S. dollar that could spell disaster if negative rates were enforced.
From InText
(4 comments) SHARE More Sharing        Wednesday, September 18, 2019
Central Bankers' Desperate Grab for Power Central banks actually serve some useful functions. Better would be to nationalize the Fed, turning it into a true public utility, mandated to serve the interests of the economy and the voting public. It's our money, and we should be able to decide where it goes.
From InText
(17 comments) SHARE More Sharing        Thursday, July 25, 2019
The Cheapest Way to Save the Planet Grows Like a Weed Hemp can help save our shrinking forests by eliminating the need to clear-cut them for paper pulp. One acre planted in hemp produces as much pulp as 4.1 acres of trees, according to the USDA; and unlike trees, hemp can be harvested two or three times a year. Hemp paper is also finer, stronger and lasts longer than wood-based paper. Benjamin Franklin's paper mill used hemp.
Facebook CEO Mark Zuckerberg speaks at a 2014 San Francisco event in front of a screen showing one of the tech giant's early mottos,
(5 comments) SHARE More Sharing        Wednesday, June 26, 2019
Facebook May Pose a Greater Danger Than Wall Street On June 18, Facebook unveiled a white paper outlining ambitious plans to create a new global cryptocurrency called Libra, to be launched in 2020. Facebook reportedly has high hopes that Libra will become the foundation for a new financial system free of control by Wall Street power brokers and central banks.
Money and Credit Banks are a riddle wrapped up in an enigma., From YouTubeVideos
(5 comments) SHARE More Sharing        Sunday, April 21, 2019
The public banking revolution is upon us State infrastructure needs are huge, and the existing funding options -- raising taxes, cutting services and increasing debt levels -- have been exhausted. Newly-created credit directed into local communities by publicly-owned banks can provide the additional funding that local governments critically need.
Activists Hit The Road To Sell Green New Deal To The Public, From YouTubeVideos
(15 comments) SHARE More Sharing        Wednesday, March 20, 2019
The Secret to Funding a Green New Deal To fund a project as massive as the Green New Deal, we need a mechanism that involves neither raising taxes nor adding to the federal debt; and such a mechanism is proposed in the U.S. Green New Deal itself -- a network of public banks. A network of public banks, including a central bank operated as a public utility, could similarly fund a U.S. Green New Deal.
Federal Reserve Building, From FlickrPhotos
(28 comments) SHARE More Sharing        Saturday, February 23, 2019
QE Forever: The Fed's Dramatic About-face The banks will get off the hook again and bite the taxpayer hand that feeds them. Congress should nationalize the Fed, the banks, or both, if they don't start sharing the wealth.
(39 comments) SHARE More Sharing        Saturday, February 9, 2019
The Venezuela Myth Keeping Us From Transforming Our Economy Modern Monetary Theory (MMT) is getting significant media attention these days, after Alexandria Ocasio-Cortez said in an interview that it should "be a larger part of our conversation" when it comes to funding the Green New Deal. According to MMT, the government can spend what it needs without worrying about deficits.
The Marriner S. Eccles Building, the Federal Reserve's headquarters in Washington, D.C., From ImagesAttr
(14 comments) SHARE More Sharing        Saturday, November 3, 2018
Trump's War on the Fed Higher interest rates do not serve consumers, home-buyers, businesses or governments. They serve the banks that dominate the policy-setting FOMC. The president's critiques of the Fed, however controversial, have opened the door to a much-needed discourse on whether the fate of the economy should be in the hands of unelected bureaucrats marching to the drums of Wall Street.
Time to declare our financial independence, From ImagesAttr
(1 comments) SHARE More Sharing        Wednesday, October 3, 2018
Breaking with Wall Street: L.A. Puts It to the Voters The numbers are there to support the case for a Los Angeles city-owned bank, but a critical ingredient in effecting revolutionary change is finding the political will. The L.A. City Council has it, and is taking the matter to the voters.
Central banks are buying stocks, From ImagesAttr
(20 comments) SHARE More Sharing        Saturday, September 15, 2018
Central Banks Have Gone Rogue, Putting Us All at Risk Central bankers are now aggressively playing the stock market. To say they are buying up the planet may be an exaggeration, but they could. They can create money at will, and they have declared their "independence" from government. They have become rogue players in a game of their own.
From ImagesAttr
(14 comments) SHARE More Sharing        Monday, July 30, 2018
Trump Takes on the Fed The president has criticized Federal Reserve policy for undermining his attempts to build the economy. The best way to make the central bank serve the needs of the economy is to make it a public utility.
(18 comments) SHARE More Sharing        Thursday, July 5, 2018
A Public Bank for Los Angeles? City Council Puts It to the Voters Voters in Los Angeles will be the first in the country to weigh in on a public banking mandate, after the City Council agreed on June 29th to put a measure on the November ballot that would allow the city to form its own bank.
How to make money grow, From ImagesAttr
(5 comments) SHARE More Sharing        Sunday, May 27, 2018
Blackstone, BlackRock or a Public Bank? Putting California's Funds to Work California has over $700 billion parked in private banks earning minimal interest, private equity funds that contributed to the affordable housing crisis, or shadow banks of the sort that caused the banking collapse of 2008. These funds, or some of them, could be transferred to an infrastructure bank that generated credit for the state -- while the funds remained safely on deposit in the bank.
Monsanto: The Company that Owns the World's Food Supply, From YouTubeVideos
(11 comments) SHARE More Sharing        Wednesday, April 4, 2018
The Bayer-Monsanto Merger Is Bad News for the Planet Global food control has nearly been achieved, by reducing seed diversity and establishing proprietary control with GMO seeds distributed by only a few transnational corporations, led by Monsanto; and by a massive, taxpayer-subsidized propaganda campaign in support of GMO seeds and neurotoxic pesticides.
Banking at the US Postal Savings Bank, From ImagesAttr
(18 comments) SHARE More Sharing        Monday, March 19, 2018
The War on the Post Office The US Postal Service, under attack from a manufactured crisis designed to force its privatization, needs a new source of funding to survive. Postal banking could fill that need.
Tianjin, one of the 15 Chinese Cities involved in the new EU China Smart Cities Forum, From ImagesAttr
(8 comments) SHARE More Sharing        Wednesday, February 28, 2018
Funding Infrastructure: Why China Is Running Circles Around America While American politicians argue endlessly about where to find the money, China has been forging full steam ahead with its mega-projects. Where do the banks get the money? Basically, they print it. Not directly. Not obviously. But as the Bank of England has acknowledged, banks do not merely recycle existing deposits but actually create the money they lend by writing it into their borrowers' deposit accounts...

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