Infrastructure

The lighthouse in Portland, Maine, completed under the Washington Administration.

Lighthouses: Our First Public Infrastructure Project

By Nancy Spannaus Aug. 7, 2019—On August 7, 1789 Congress approved legislation for the first public infrastructure project in the just-born United States—our lighthouses! The legislation created the U.S. Light House Establishment, and it mandated that state lighthouses be turned over to the Federal government, which was charged with managing […]

by August 7, 2019 History, Infrastructure
This graph by the Congressional Budget Office notes the collapse of Federal infrastructure spending.

State Tax Increases Won’t Solve Infrastructure Crisis

July 6, 2019—As of July 1, 12 states raised their gasoline taxes, in a concerted effort to get the revenue to deal with their collapsing bridges and highways. The actions follow a pattern from recent years, over which time the Federal share of contributions to building and maintaining the nation’s […]

by July 6, 2019 Infrastructure, News Shorts
Time for a TVA on the Missouri

Time for a TVA on the Missouri

On the occasion of the anniversary of the TVA By Nancy Spannaus May 18, 2019—As we celebrate the 86th birthday of the Tennessee Valley Authority (TVA), while in the midst of devastating floods in the Midwest, it is time to turn our minds to building a TVA on the Missouri.  […]

by May 18, 2019 Commentary, Infrastructure
Completion of the Transcontinental Railroad, in 1869 at Promontory Point, Utah.

A Railroad to Bind the Nation

Commemorating the 150th Anniversary of the Transcontinental Railroad on May 10. By Nancy Spannaus May 11, 2019—When President Lincoln, in his Second Inaugural Address, spoke of the need to “bind up the nation’s wounds,” he was not specifically referring to his signature construction project, the Transcontinental Railroad.  But in all […]

by May 11, 2019 Commentary, Infrastructure
Ways and Means Committee chairmen at the March 6 hearing on infrastructure.

Funding Infrastructure: The Principle of Federal Credit

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 […]

by March 9, 2019 Infrastructure, News
Construction on California's high-speed rail project has already begun.

Infrastructure Bank Needed for California Rail

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 […]

by February 18, 2019 Infrastructure, News Shorts
The Hoover Dam, completed during FDR's presidency, was a huge boon to the state of Arizona by providing electricity and water . (Bureau of Reclamation)

Arizona Legislators Join Drive for National Infrastructure Bank

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 […]

by February 5, 2019 Infrastructure, News
The 100-year old bridge over the Columbia River connecting Oregon and Washington state. (wikipedia)

Congress to Begin Debating Infrastructure

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 […]

by February 2, 2019 Infrastructure, News Shorts
Video is available here:https://www.youtube.com/watch?v=YnCaBx9oxsc&feature=youtu.be

Video: The Fight for the National Infrastructure Bank 2019

  The full National Infrastructure Bank proposal can be found here.

by January 13, 2019 Infrastructure, News
The Need for Hamiltonian National Banking Today

The Need for Hamiltonian National Banking Today

The Need for Hamiltonian Banking Today contrasts his banking principles with those of Wall Street.

by December 12, 2018 Commentary, Infrastructure