Articles by: Nancy Spannaus

The opening slide of the National Infrastructure Bank slide show.

D.C. Meeting Discusses National Infrastructure Bank

By Nancy Spannaus Nov. 14, 2018—A group of approximately 25 citizen-leaders gathered in a Washington, D.C. library last night to discuss how to address the question of the nation’s collapsing infrastructure. The lively, almost-unstoppable discussion centered around a slide show presentation on a National Infrastructure Bank (NIB)  proposal, given by […]

by November 14, 2018 News
Frederick Douglass

Frederick Douglass: “Knowledge Unfits a Man to be a Slave”

By Nancy Spannaus Nov. 12, 2018—Three days ago, my husband and I attended a local event sponsored by the Edwin Washington Project, a non-profit devoted to documenting the history of education during the era of segregation in Loudoun County, Virginia, where we live. The speeches on the struggle waged to […]

by November 12, 2018 Commentary
Total Factor Productivity by Decade. The collapse has not been reversed.

Productivity Is in the Basement: We Need a Real Recovery!

By Nancy Spannaus Nov. 11, 2018—In its quarterly release Nov. 1, the U.S. Bureau of Labor Statistics (BLS) threw a wet blanket on those who have been claiming that this year’s job growth has led to a qualitative improvement in the U.S. economy. The BLS stated that productivity growth between […]

by November 11, 2018 Infrastructure, News
Rep. DeFazio in his campaign photo.

A New Opportunity for a National Infrastructure Agenda?

By Nancy Spannaus Nov. 7, 2018—One thing is definitive about the results of the U.S. mid-term elections: Neither political party put a solution to the country’s economic and financial disaster on the national agenda.  That doesn’t mean that many of the new Democratic members of Congress don’t have a strong […]

by November 8, 2018 Infrastructure, News
The Minneapolis bridge collapse of 2007--a wake-up call on the state of  U.S. infrastructure.

Draft Legislation to Create a National Bank for Infrastructure

Nov. 3, 2018–Once the separation between commercial banking and speculation has been re-established, the problem of a supply of cheap, long-term credit for the physical economy is easily solvable. Given the enormous needs for infrastructure building and rebuilding, this will require Federal credit and Federal credit guarantees. There are various means by […]

by November 3, 2018 Features, Infrastructure Bank
New York Stock exchange

The Fed Stokes “Bancomania”

by Nancy Spannaus Nov. 1, 2018—It should be no surprise that at its Oct. 31 (Halloween) meeting, the Federal Reserve decided to loosen regulations not only for the banks with a $250 billion net worth, but also for those with assets up to the $700 billion level. This decision reflects […]

by November 1, 2018 News
Fed Chairman Jerome Powell at his swearing-in (federalreserve.gov)

Will the Fed Deregulate Us Into a New Major Crisis?

October 30, 2018—Tomorrow, according to an Oct. 29 report in the American Banker, the Federal Reserve Board of Governors is expected to take up the matter of implementing S. 2155, the major banking deregulation bill that was passed in the spring of this year. “Specifically, the Fed will unveil details […]

by October 30, 2018 News
Francesco la Camera and Mamman Nuhu sign the agreement.

Lake Chad Project Advances FDR’s Vision for Africa

October 20, 2018—On October 16, a huge step forward was taken for the African continent, with the signing of an agreement between Italy and the Lake Chad Basin Commission to fund a feasibility study of the Transaqua water project. Francesco La Camera, director general of the Italian Environment ministry, and […]

by October 20, 2018 News Shorts
The British surrender at Yorktown.

Victory at Yorktown: A Hamiltonian Perspective

By Nancy Spannaus Oct. 19, 2018—Today we patriots of the United States properly celebrate the decisive victory of American forces over the British at Yorktown, a victory which “turned the world upside”  with the British surrender on Oct. 19, 1781. Although the war continued for another year and a half, […]

by October 19, 2018 Commentary
Italian Minister Paolo Savona

FDR Tradition Alive and Well–in Italy!

Oct. 18, 2018—To the chagrin of the international financial institutions, the FDR tradition is showing itself to be alive and well in Italy. Most upsetting to the powers-that-be has been the Italian government’s determination to break the EU’s budget austerity rules, in the interest of fulfilling some of its promises […]

by October 18, 2018 News Shorts