Articles by: americansystemnow
Feb. 18, 2019—The need for a National Infrastructure Bank (NIB), built along Hamiltonian principles, has come sharply to the fore in the current debate/uproar over the fate of California’s plans for a high-speed rail connection between Los Angeles and San Francisco. Establish a national bank with long-term, low-interest credit, capitalized […]
By Angela Vullo Feb. 7, 2019–How is it possible that, with 71% of the earth’s surface covered with water, we have a shortage of fresh drinking water on the planet? Might one of the reasons be that, in addition to criminal underdevelopment of the developing nations, some U.S. water infrastructure […]
Feb. 5, 2019—On Feb. 4, a group of Arizona legislators, led by State Senator Juan Mendez, joined the national movement to get Congress to reimpose Glass-Steagall and establish a Hamiltonian National Infrastructure Bank. SM1001, a “Memorial urging Congress to reinstate portions of the Glass-Steagall Act and to support national banking […]
By Edward Spannaus Feb. 3, 2019–In the current climate of attacks on any proposal to raise taxes on the wealthy – labelling such proposals as “radical,” “socialist” if not communistic, a slippery slope leading inevitably to Venezuela, and so forth – it would be difficult to overstate the appalling ignorance […]
Feb. 2, 2019—Rep. Peter DeFazio (D-Or), Chairman of the House Transportation and Infrastructure Committee, will convene his first hearing on the nation’s infrastructure needs on Thursday, Feb. 7. According to the announcement on the Committee’s site, the hearing is entitled “The Cost of Doing Nothing: Why Investing in Our Nation’s […]
Jan. 28, 2019—On Jan 22 the South Carolina House of Representatives became the first state legislature in 2019 to pass a resolution calling for Congress to establish a National Infrastructure Bank. The proposed Bank, modelled on the successful national banking systems of Alexander Hamilton, John Quincy Adams, Abraham Lincoln, and […]
(Jan. 23, 2019–The following is a recent open letter to the leadership of the Museum of the American Revolution in Philadelphia, which I believe is worthy of much wider circulation. It is published with the permission of the author.—Nancy Spannaus) By Mark Fairchild Recently I visited the Museum of the […]
Jan. 22, 2019—The following resolution urging Congress to establish a National Infrastructure Bank was introduced into the Illinois state legislature in late December by Representative Mary Flowers (D-31). For a short video explaining how such a bank would work, click here. WHEREAS, The United States is in a deep infrastructure […]
The full National Infrastructure Bank proposal can be found here.
By Angela Vullo Feb. 17, 2019–Approximately fifty years after Dr. Martin Luther King made his pleas for economic justice, we are confronted with the fact that wealth inequality has turned the United States into one of the most extremely income-stratified nations in the world. In this context, it is instructive […]
By Nancy Spannaus Feb. 15, 2019—Enraptured by the Hamilton musical? Eager to learn more about the Founding Father that many leftists love to hate? Or just downright disgusted with the fact that the U.S. Congress can’t seem to figure out how to rebuild our economy? If so, I have the […]
Rep. Tom Jackson Speaks on the “State” of Alabama
By Angela Vullo Feb. 17, 2019–Approximately fifty years after Dr. Martin Luther King made his pleas for economic justice, we are confronted with the fact that wealth inequality has turned the United States into one of the most extremely income-stratified nations in the world. In this context, it is instructive […]