News

The Ruins of Detroit, photographed by Yves Marchand and Romain Meffre

As Report on “Despair in Rural America” documents: Opioids Can’t Kill the Pain of 40 Years of Post-Industrial Economy

By Angela Vullo Oct. 6–According to two Ohio State University experts, “despair caused by the lack of jobs and hope is the greatest single factor in the growing opioid addiction crisis in rural Ohio.” Mark Partridge, SWANK Chair in Rural/Urban Policy and Mike Betz, Assistant Professor in the Department of […]

by October 6, 2017 News
President Trump dumps “public-private partnership” model

President Trump dumps “public-private partnership” model

  Oct. 4–On September 26, President Donald Trump told a bipartisan group of lawmakers that he was convinced that PPPs—public-private partnerships—were not the way to go in rebuilding the nation’s collapsed infrastructure. The devastation of the recent hurricanes has put the issue of infrastructure at the center of national concern. […]

by October 4, 2017 Infrastructure, News
Webinar Launches Renewed Mobilization for Glass-Steagall

Webinar Launches Renewed Mobilization for Glass-Steagall

  by Nancy Spannaus Sept. 27, 2017—In an approximately 50 minute webinar, held at AFL-CIO headquarters in Washington, D.C. Sept. 26, representatives of several citizen and labor groups launched a renewed mobilization for reinstituting Glass-Steagall banking separation. The webinar was jointly sponsored by Public Citizen, Americans for Financial Reform, and […]

by September 27, 2017 Glass-Steagall, News
National Webinar on Glass-Steagall to be Held September 26

National Webinar on Glass-Steagall to be Held September 26

Sept. 25—Our Revolution, the successor organization to Bernie Sanders’ presidential campaign, has announced that there will be a national webinar at 1 pm Eastern Time on September 26, devoted to motivating immediate action to pass Glass-Steagall legislation now pending before Congress. The event will be accessible to citizens all around […]

by September 25, 2017 Glass-Steagall, News
Sanders puts Medicare-for-all on Senate Agenda

Sanders puts Medicare-for-all on Senate Agenda

by Nancy Spannaus Sept. 14—With great fanfare and a showing of Senate support that surprised many, Sen. Bernie Sanders introduced his Medicare-for-All bill of 2017 into the U.S. Senate on Sept. 13. Seventeen senators joined him as original cosponsors, and dozens of constituency organizations have voiced their support. In campaigning […]

by September 14, 2017 Medicare For All, News, Uncategorized
Elizabeth Warren

Time to Go to the Mattresses! A Review of Elizabeth Warren’s This Fight is Our Fight

This Fight Is Our Fight: The Battle to Save America’s Middle Class By Senator Elizabeth Warren, Henry Holt and Co., 2017, 321 pp. By Angela Vullo Aug. 29–In her newest book, This Fight is Our Fight, released in April of this year, U.S. Senator Elizabeth Warren tells her story of […]

by September 4, 2017 News
FDR Knew How To Respond To a Monster Storm

FDR Knew How To Respond To a Monster Storm

The following was written in the aftermath of Hurricane Sandy in 2012, but the lessons apply today with the mega-disaster of Hurricane Harvey. by Stuart Rosenblatt   Among the more brilliant accomplishments of President Franklin Roosevelt’s Works Progress Administration (WPA) was the creation of a mobile workforce that could be […]

by August 29, 2017 History, Infrastructure, News
German Conference Features Warnings of Imminent Financial Crash

German Conference Features Warnings of Imminent Financial Crash

Aug. 23—Today marked the opening of the Lindau Nobel Laureates meeting on economics, a yearly event, where 18 former Nobel Laureates in economics (a rather compromised bunch, to be sure) are scheduled to meet with hundreds of young economists from around the world to discuss the current state of the […]

by August 23, 2017 News
Former Italian Economy Minister Tremonti Warns of Financial Crash

Former Italian Economy Minister Tremonti Warns of Financial Crash

Aug. 15, 2017–Former Italian Economy Minister Giulio Tremonti has issued a new warning of the danger of an imminent new financial crash. In an interview with Italy’s largest daily Corriere della Sera on Aug. 13, Tremonti noted that there was a false sense of calm. “The causes of the crisis […]

by August 15, 2017 News
Where the Big Six U.S. megabanks are spending their money: derivatives gambling.

FDIC Vice-Chair Blasts Wall St’s Failure to Invest in the Economy; The Next Step Should Be Glass-Steagall

“Government by organized money is just as dangerous as Government by an organized mob.”—Franklin Delano Roosevelt, 1935 or 1936 Aug. 8, 2017—Wall Street speculators have taken two verbal hits this week. That’s all fine and good, but what’s lacking is effective action to protect the U.S. banking system from an […]

by August 9, 2017 Glass-Steagall, News