Articles by: Nancy Spannaus
By Nancy Spannaus Dec. 21, 2019—As of this writing, the Federal Reserve continues to pour out tens of billions of dollars a day into the Wall Street-centered banks, in the alleged interest of “providing liquidity” in the repo market. Yet, when it comes to providing funds (call it credit) for […]
December 13, 2019—There’s some real good news for the U.S. economy today. NuScale, an Oregon company that is developing a small modular nuclear reactor (SMR), has passed the next stage of review by the Nuclear Regulatory Commission. As this blog has reported before, the mass development of nuclear power is […]
By Nancy Spannaus … By contributing to enlarge the mass of industrious and commercial enterprise, banks become nurseries of national wealth: a consequence, as satisfactorily verified by experience, as it is clearly deducible in theory. – Report on the National Bank Alexander Hamilton put forward his most controversial proposal — […]
By Nancy Spannaus Dec. 12, 2019—While the Federal Reserve, Wall Street, and most politicians brag that the American economy is doing just fine, a study released November 19 by two non-profits provides new information to the contrary: More than two million Americans lack access to clean water. The report “Closing […]
By Nancy Spannaus Dec. 3, 2019—In his first Annual Message to Congress, delivered December 6, 1825, President John Quincy Adams was at his eloquent best. As a lifelong devotee of the American System, President Adams felt compelled to address the “general principle” embodied in the U.S. Constitution which he had […]
By Nancy Spannaus Nov. 30, 2019—On November 26, the American Medical Association issued a dramatic new wake-up call to Americans about the rising death rates which have made the United States the only industrialized country in the world with a declining life expectancy. The AMA’s “Special Communication” was an article […]
By Nancy Spannaus Nov. 22, 2019–“Let Americans disdain to be the instruments of European greatness! Let the thirteen States, bound together in a strict and indissoluble Union, concur in erecting one great American system superior to the control of all transatlantic force or influence and able to dictate the terms […]
By Nancy Spannaus Nov. 21, 2019–“We Must Save America’s Manufacturing Sector, Prosperity in the post-industrial service economy is a myth,” read the headline of an article in Industry Week yesterday. The article presents a solid argument about the disastrous results for empires which have relied on their financial power, rather […]
By Nancy Spannaus Nov. 19, 2019—Are some Democrats actually ready to put the vital issue of infrastructure on Congress’s agenda again? Such a welcome change might be in the offing, thanks to the initiative of Oregon Democrat and Chairman of the House Transportation and Infrastructure Committee Peter DeFazio. Rep. DeFazio […]
by Angela Vullo March 27, 2020–Those of us who are baby boomers, might remember the famous sketch by Jack Benny from the 1960s. A mugger stops the comedian in the street and says, “Your money or your life”. After several seconds, when Benny does not respond, the mugger says, “Well?” […]
By Nancy Spannaus March 18, 2020—American journalist Andrew Spannaus updated his report on the fight against the coronavirus in Italy yesterday. His conclusion: The country is “on the brink” of seeing its hospital system overwhelmed. (His full report can be found on Consortium News) Given that Italy is a G-7 […]
Merry Christmas & Happy New Year
Merry Christmas & Happy New Year From American System Now This painting is dated 1646, and is believed to have been done by a student in Rembrandt’s workshop, after an etching which Rembrandt himself had created. Rembrandt saw light in the darkness of […]