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.
The Need for Hamiltonian Banking Today contrasts his banking principles with those of Wall Street.
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 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 traffic between New York […]
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 […]
By Nancy Spannaus Feb. 20, 2021—The dramatic failure of the electric grid in Texas this week, which at one point left more than 4 million of the state’s residents without electricity, should be an object lesson to the country. Texas’s deregulated energy grid is quintessential energy insanity; unfortunately, much of […]
By Nancy Spannaus Feb. 3, 2021—The AmericanSystemNow YouTube channel now features the recent video documentary by Alexander Hamilton researcher Marianne Als, “The Evidence for Hamilton Against Slavery.” I hope you will review it and also subscribe, for there will be much more educational material on Hamilton and the American System […]
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 […]