News Shorts

Italian Minister Paolo Savona

FDR Tradition Alive and Well–in Italy!

Oct. 18, 2018—To the chagrin of the international financial institutions, the FDR tradition is showing itself to be alive and well in Italy. Most upsetting to the powers-that-be has been the Italian government’s determination to break the EU’s budget austerity rules, in the interest of fulfilling some of its promises […]

by October 18, 2018 News Shorts
Opioid Legislation Passed: Not with a Bang, But a Whimper

Opioid Legislation Passed: Not with a Bang, But a Whimper

Oct. 4, 2018—Passage of the SUPPORT for Patients and Communities Act, an omnibus bill purported to deal with the acknowledged public health emergency known as the opioid epidemic, with overwhelming bipartisan support in both Houses of Congress, is being heralded as a great achievement. In fact, from every point of […]

by October 4, 2018 News Shorts
A DuPont worker, tasked with developing a new biodegradable plastic.

Industry Week Is on the Right Track

Sept. 21, 2018—An article in the monthly magazine Industry Week came across my desk this morning, and it was a pleasure to read.  Under the title “How Financialization Is Starving Manufacturing,” author Michael Collins reviews the work of Rana Faroohar, who, in her book Makers and Takers, systematically laid out […]

by September 21, 2018 News Shorts
The PenFed Credit Union was established in 1935.

Credit Union Association Calls for a Modern Glass-Steagall

Sept. 8, 2018—The National Association of Federally-Insured Credit Unions (NAFCU) makes a strong case for reinstating the Glass-Steagall Act, as a means of protecting their institutions and the U.S. economy in a policy paper released earlier this week. “Modernizing Financial Services: The Glass-Steagall Act Revisited” reviews the way in which […]

by September 8, 2018 News Shorts
The CDC's latest chart on the 2017 increase in drug overdose deaths.

Opioid Deaths Leap Up: No Solution in Sight

August 17, 2018—Once again, the Centers for Disease Control (CDC) has issued a report which should shake Americans to the core. On Aug. 15 the CDC issued a preliminary estimate that 72,000 people died of opioid overdoses in 2017, a figure which represents a 7 to 10% increase over 2016. […]

by August 17, 2018 News Shorts
An infrastructure bank can fund the high-speed rail we need. Above, a Chinese high-speed train.

Our Revolution Northern Virginia Endorses National Bank

Aug. 11, 2018–At a meeting July 29, the Northern Virginia chapter of Our Revolution passed a resolution endorsing a new National Bank for Industry and Infrastructure. The resolution text reads as follows: Whereas, The American Society of Civil Engineers has reported that the United States needs a minimum of $4.6 trillion […]

by August 11, 2018 News Shorts
Trucks on congested I-81

Virginia to Consider Rail Solution for Highway Congestion

Aug. 7, 2018—The Virginia Commonwealth Transportation Board, now under mandate to come up with a plan to deal with highway congestion on Interstate 81 through the Shenandoah Valley, plans to consider an innovative rail solution to the problem. That is the report from David Foster, chairman of the non-profit lobby […]

by August 7, 2018 Infrastructure, News Shorts
The New Orleans sea barrier, completed in 2013.

Army Corps of Engineers Proposes Flood Protection for New York

Aug. 6, 2018—Six years after Hurricane Sandy, the Army Corps of Engineers has begun to present options for protecting the New York-New Jersey harbor area from future devastating storms. At stake is the fate of 16 million people living in the area; three airports; five major rail networks; the largest […]

by August 6, 2018 Infrastructure, News Shorts
A picture of British colonialism in India.

The Truth about Free Trade: It’s Colonialism

July 24, 2018—It’s rare for any major U.S. publication to tell the truth about economic policy these days, but on July 22, the Huffington Post published an article that did just that. Author Zach Carter draws on a number of crucial examples, from the British Empire to the Clinton Administration, […]

by July 24, 2018 News Shorts
Steam pipe explodes in Manhattan July 19.

The Infrastructure Issue Literally Explodes

July 19, 2018—The issue of the nation’s crumbling infrastructure literally exploded this morning in New York City, when a steam pipe under Fifth Avenue exploded, leaving toxic asbestos on the street and a huge crater in the middle of the street. Fortunately, it appeared that no one was seriously hurt. […]

by July 19, 2018 News Shorts