Articles by: Nancy Spannaus

Federal Reserve Bank of New York

Trillions for Wall Street, Zip for Infrastructure!

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 […]

by December 21, 2019 Infrastructure Bank, News
Pupil of Rembrandt, 1606 - 1669
The Adoration of the Shepherds
1646
Oil on canvas, 65.5 x 55 cm
Bought, 1824
NG47
http://www.nationalgallery.org.uk/paintings/NG47

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 […]

by December 20, 2019 Commentary
Progress for Small Modular Reactors

Progress for Small Modular Reactors

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 December 13, 2019 News Shorts, Nuclear Power
The Bank of the United States in Philadelphia

Time to Study Hamilton’s National Bank

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 December 13, 2019 Commentary, History
Navajo Indians have to go to great lengths to provide water to their community, as we see here.

Millions of Americans Lack Clean Water

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 December 12, 2019 Infrastructure, News
John Quincy Adams

Promoting Internal Improvements: A “Sacred Duty”

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 December 3, 2019 Commentary, History
Dance of Death

Deindustrialization is Killing America

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 November 30, 2019 Manufacturing, News
American System founder Alexander Hamilton, a new statue at the Coast Guard Academy (Dianne Durante)

Federalist No. 11: The American System

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 November 22, 2019 Commentary, History
High-tech manufacturing in action. (DOD report)

Saving American Manufacturing the Hamilton Way

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 November 21, 2019 Manufacturing, News
An Amtrak derailment in DeFazio's Northwest on Dec. 18,  2017.

Will Democrats Put Infrastructure on the Agenda?

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 November 19, 2019 Infrastructure, News