Articles by: americansystemnow
March 7, 2019—Rep. Shelly Willingham (D-Martin) introduced a “joint resolution urging Congress to enact without delay an “American Economic Recovery Program” into the North Carolina State Legislature on Feb. 17. House Joint Resolution 190 has five cosponsors and has been referred to the Banking Committee as the first step. The […]
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. 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 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 […]
Aug. 13, 2019—A group of citizens representing an ad hoc coalition for a National Infrastructure Bank went to Capitol Hill during the last week of August, to lobby for the enactment of a National Infrastructure Bank (NIB). The more than a dozen citizens included activists from Ohio, South Carolina, Virginia, […]
“A thoughtful, well-written argument for Alexander Hamilton’s financial system as a guard against tyranny.” — Kirkus Reviews by Nancy Spannaus Aug. 8, 2019–The opening quote is the conclusion of the Kirkus review of Hamilton Versus Wall Street, which was released this evening, and is now posted on their website. Kirkus […]
The American Revolutionaries’ International War Against Slavery
Part I. Ben Franklin and Massachusetts Lead the Way By Colin Lowry March 19, 2019 In the original draft of the Declaration of Independence, written by Thomas Jefferson, Ben Franklin, and John Adams, is a paragraph condemning King George III of Britain for the crime of promoting and enforcing the […]