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. 15, 2019—The issue of Glass-Steagall-style separation of the too-big-to-fail (TBTF) banks is once again before the Australian Parliament. On February 12, One Nation leader Senator Pauline Hanson introduced the Banking System Reform (Separation of Banks) Bill 2019 into the Australian Senate. Her motion was as follows: “That the following bill be […]
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 […]
Jan. 22, 2019—The following resolution urging Congress to establish a National Infrastructure Bank was introduced into the Illinois state legislature in late December by Representative Mary Flowers (D-31). For a short video explaining how such a bank would work, click here. WHEREAS, The United States is in a deep infrastructure […]
New York City, Jan. 12, 2019—The annual Alexander Hamilton birthday celebration took place this year in two places—Trinity Church in Manhattan, and at the Alexander Hamilton Birthplace Museum in Charlestown, Nevis. While those in New York City labored under what some called “Valley Forge” conditions of cold and wind, the […]
By Nancy Spannaus Nov. 29, 2018—Forget the stock market, inflation, and the jobs figures. According to the most vital measures of the U.S. economy, the fundamentals are very unsound. U.S. life-expectancy at birth decreased again in 2017, according to statistics released today by the Centers for Disease Control (CDC). This […]
Nov. 14, 2018—U.S. Senator Joe Manchin (D-WV), who was re-elected on Nov. 6, has put himself on record calling for the creation of a national infrastructure bank. According to an Oct. 19 report on WJLS News, a Beckley radio station, Manchin raised the issue during a candidates’ forum with his […]
Nov. 14, 2018—Delegate Sam Rasoul, who represents the 11th District in the Virginia House of Delegates, penned an oped in the Roanoke Times Nov. 11, in which he sought to direct attention to one of the fundamental economic crises facing the state, and implicitly the nation. Under the title “The […]
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 […]
October 20, 2018—On October 16, a huge step forward was taken for the African continent, with the signing of an agreement between Italy and the Lake Chad Basin Commission to fund a feasibility study of the Transaqua water project. Francesco La Camera, director general of the Italian Environment ministry, and […]
