By Nancy Spannaus March 9, 2019—The March 6 House Ways and Means Committee hearing on transportation infrastructure put the crucial problem which is blocking vitally-needed action on this topic, squarely on the table: the lack of understanding of the Hamiltonian principle of credit. From Representative Peter DeFazio, Chairman of the […]
Feb. 18, 2019—The need for a National Infrastructure Bank (NIB), built along Hamiltonian principles, has come sharply to the fore in the current debate/uproar over the fate of California’s plans for a high-speed rail connection between Los Angeles and San Francisco. Establish a national bank with long-term, low-interest credit, capitalized […]
Feb. 5, 2019—On Feb. 4, a group of Arizona legislators, led by State Senator Juan Mendez, joined the national movement to get Congress to reimpose Glass-Steagall and establish a Hamiltonian National Infrastructure Bank. SM1001, a “Memorial urging Congress to reinstate portions of the Glass-Steagall Act and to support national banking […]
Feb. 2, 2019—Rep. Peter DeFazio (D-Or), Chairman of the House Transportation and Infrastructure Committee, will convene his first hearing on the nation’s infrastructure needs on Thursday, Feb. 7. According to the announcement on the Committee’s site, the hearing is entitled “The Cost of Doing Nothing: Why Investing in Our Nation’s […]
The full National Infrastructure Bank proposal can be found here.
See how America can rebuild its collapsing infrastructure, on the vast scale required, founded upon historic precedents, and the bank will not create new debt!
Nov. 15, 2018–The slide show delivered by macro-economist Alphecca Muttardy on Nov. 13 in Washington,D.C. is now available here as a PDF. Although many of the slides are self-explanatory, you may find it useful to review them alongside our news report, which is available here. As the weekly disruptions of […]
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 […]
Nov. 9, 2018—Speaking to CNBC on Nov. 8, former U.S. Transportation Secretary Ray LaHood laid out his current thinking on the prospects for a bipartisan Federal infrastructure plan. LaHood, a former Transportation Secretary and long-time proponent of major federal infrastructive spending, pinned his hopes on President Trump supporting an increase […]
April 10, 2019—The following press release was issued by Rep. Marcy Kaptur (D-Ohio) yesterday. It puts back on the Congressional agenda one of the urgent actions required to curb Wall Street speculation, and put the United States back on the path of the American System. The Bill number is HR […]
By Nancy Spannaus April 7, 2019—This afternoon I had my first book-signing event, which was held at the historical museum in my home town of Lovettsville, Virginia (population 1600). I am pleased to report that it was a success. Ten people came, and I sold and signed 11 copies of […]
The Need for Hamiltonian National Banking Today
The Need for Hamiltonian Banking Today contrasts his banking principles with those of Wall Street.