Articles by: Nancy Spannaus

Hope Creek nuclear plant in New Jersey

State Legislators Move to Save Nuclear Plants

April 9, 2018–In the face of Congressional dereliction of duty on the question of energy policy, more states are moving toward action to prevent the shutdown of their most productive producers of electric power, the nuclear plants. So far, only Illinois and New York legislatures have taken action to prevent […]

by April 9, 2018 News Shorts
West Virginia teachers during their 2018 strike.

Teachers Strike for the Common Good

April 8, 2018–The current wave of teachers’ strikes reflects a new wave of anti-Wall Street ferment with great potential. They are political strikes in the sense that the teachers are demanding changes in economic policy by their legislatures, which will not only improve their own living conditions, but those of […]

by April 9, 2018 Commentary, News
The Wall Street bull

More Warnings of a Coming Crash

April 8, 2018—In an interview with CNBC on April 6, Scott Minerd, head of investing for Guggenheim Partners, pointed to ballooning corporate debt as the probable source of a major financial crisis in the 2019-2020 period. “As interest rates keep ratcheting higher, with record levels of corporate debt it’s going […]

by April 8, 2018 News Shorts
Alexander Hamilton's statue in Central Park, New York City.

National Banking Built the U.S. Industrial Giant

By Nancy Spannaus April 5, 2018–National banking in the United States built us into an industrial giant. It derives specifically from Alexander Hamilton’s concept of the First Bank of the United States, a partially government-owned credit institution devised to unify and build the young nation. The fact that most Americans […]

by April 5, 2018 Commentary, Infrastructure Bank
Martin Luther King addresses the 1963 March on Washington from the Lincoln Memorial

Martin Luther King: Fulfilling the Constitution

By Nancy Spannaus April 4, 2018—On this 50th anniversary of the assassination of that great American Martin Luther King, we’d do well to devote serious thought to his mission. In my view, it was nothing less than to inspire a movement to fulfill the ideals of the American System for all […]

by April 4, 2018 Commentary
Former VA Head Opposed Privatization

Former VA Head Opposed Privatization

March 31, 2018—President Trump’s firing of the Secretary of Veterans Affairs David Shulkin on March 28, is an ominous sign that proponents of privatizing the medical care system for veterans are gaining the upper hand. Should privatization occur, it would be a violation of principles which were part of the […]

by April 2, 2018 News Shorts
Wall Street Journal Exposes Post-2008 Dangers

Wall Street Journal Exposes Post-2008 Dangers

March 31, 2018–In a special section entitled “10 Years After the Crisis,” published on March 27, Wall Street’s newspaper of record, the Wall Street Journal, put together a highly interesting compilation of charts and graphs which tell a sorry truth: Injustice and risk remain an imminent risk to the financial […]

by April 2, 2018 News Shorts
EnergyFirst's Perry Plant in Pennsylvania, now under threat of shutdown. (EnergyFirst).

“Free Market” Threatens Vital Nuclear Energy

March 30, 2018—Nuclear energy is a vital component of the U.S.’s  power supply–but it is now under mortal threat due to the “free market” fraud. On March 28, the electric utility company FirstEnergy took two dramatic steps. First, it sent a 44-page letter to Secretary of Energy Rick Perry calling on […]

by April 2, 2018 News Shorts
Olivier Sarkozy of the Carlyle Group, a beneficiary of recent deregulation. (wikimedia commons)

Wall Street Deregulators Are on a Roll

April 2, 2018—Wall Street is racking up wins in Congress that are sure to increase the risk of the widely forecast next financial blowout. In addition to the passage of S. 2155 , which loosened capital and reporting requirements for 25 of the 38 largest banks in the United States, […]

by April 2, 2018 News Shorts
A joint Russian-American crew ready to go to the ISS in 2016. (NASA/Ingalls)

U.S. and Russia Discuss Joint Space Project

April 2, 2018—Representatives of the Russian and U.S. space agencies will meet in Houston, Texas April 9, in order to further discussion about setting up a joint space project, a Moon Orbiter station dubbed Deep Space Gateway. The specific objective, according to Sputnik news service, is to set common standards […]

by April 2, 2018 News Shorts