March 3, 2020—The Legislative Conference of the National Association of Counties (NACo) has gone on record in support of establishing a National Infrastructure Bank. NACo represents the more than 3000 counties in the United States. Its legislative conference was held in Washington, D.C. from Feb. 29 to March 4. On […]
By Nancy Spannaus Feb. 27, 2020—State legislators around the nation – from Arizona to Rhode Island – are campaigning for Federal action to build vital infrastructure. The campaign is taking the form of Memorials calling for the creation of a National Infrastructure Bank, crafted according to the principles established by […]
Dec. 30, 2019—On December 16, the state of Pennsylvania became the most recent state to put a Memorial in support of Congress establishing a National Infrastructure Bank on its agenda. On that day, Democratic Representative Ed Neilson (Philadelphia County) introduced HR 636, A Resolution Urging the Congress of the United […]
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 […]
Sept. 23, 2019—The following resolution was submitted to the Michigan State Senate on Sept. 13. More than a dozen other state legislatures are considering similar resolutions. Over the course of 2019, three state legislatures–Illinois, South Carolina, and Alabama–have passed the resolution. A model draft of legislation for a Federal bill […]
By Nancy Spannaus July 24, 2019—Conditions are overripe, so to speak, for the adoption of a $4 trillion dollar National Infrastructure Bank, whose updated text I reprint below. Indeed, any delay will only worsen the consequences of an inevitable collapse of an aspect of our crumbling basic infrastructure, our bloated-to-bursting […]
June 18, 2019—At a meeting last night, the Akron City Council passed a resolution calling on the U.S. Congress to enact legislation establishing a National Infrastructure Bank. The passage had been preceded by extensive discussion. On June 13, sponsors of legislation to create a National Infrastructure Bank testified at City […]
By Nancy Spannaus May 15, 2019—On May 8, the House Transportation and Infrastructure Committee, under Chairman Peter DeFazio, took a baby step toward increasing Federal spending on vital national infrastructure. It passed out of Committee HR 2440, a bill which would allow the Army Corps of Engineers to utilize the […]
By Nancy Spannaus May 13, 20190—Where can we get the money for the trillions of dollars of infrastructure spending the United States needs? The answer is: in a Hamiltonian National Infrastructure Bank. A coalition of hundreds of organizations assembled in #BuildforTomorrow kicked off the seventh National Infrastructure Week today. Dozens […]
By Nancy Spannaus May 6, 2019—NJ Municipalities, the magazine of the New Jersey League of Municipalities, has recently published a call for a National Infrastructure Bank (NIB) under the headline: “National Infrastructure Bank: A Hamiltonian Solution to the National Infrastructure Crisis.” It was written by retired transportation executive Stanley Forczek, who […]
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 […]
