July 6, 2018—On June 25, the Max Planck Institute for Plasma Physics announced that its WENDELSTEIN 7-X stellerator has achieved a world record in plasma temperature, density, and pulses, following an up-grade of the machine. Wendelstein 7-X, located in Greifswald, Germany, is the largest stellerator-type fusion experiment in the world. It […]
July 4, 2018—Seventy-five prominent current and former U.S. industry, government, and military officials have sent a letter to Energy Secretary Rick Perry, to urge him to take the actions necessary to save the U.S. nuclear sector. The letter, issued June 26, calls on Perry “to ensure that no more nuclear […]
June 30, 2018- A Federal Judge blocked the State of Kentucky’s Medicaid work requirements on Friday, ruling that the proposed regulations were contrary to the underlying purpose of the Medicaid Law, which is to provide access to healthcare for the most indigent. Four states- Kentucky, Indiana, Arkansas, and New Hampshire, […]
June 29, 2018—“Conservative” financial press and media reacted strongly to certain Democratic victories in the Tuesday primaries, citing candidates’ support for the reinstatement of Glass-Steagall. Most notable was the upset of 11-term Congressman Joe Crowley, by Alexandria Ocasio-Cortez, in New York’s 14th CD. Crowley had been long considered the […]
June 16, 2018- The London Guardian and Liam Halligan both published pieces related to Glass-Steagall and the current economic crisis on or about the date that Franklin Roosevelt signed the Act, 85 years ago today. The original bill was signed at the end of FDR’s first one […]
June 12, 2018—An extraordinary article by regular financial columnist Steven Pearlstein in the June 10 Washington Post warned that a surge in corporate debt has created “the mother of all credit bubbles,” and put the U.S. (and world) financial systems on the road to a new crash worse than that […]
June 7, 2018– “We have a growing awareness and the evaluation, included in the [coalition] contract, that we must distinguish, that it is timely to distinguish between banks issuing credit and above all are community-linked, and the more speculation-prone investment banks,” declared newly confirmed Italian Prime Minister Giuseppe Conte in his […]
May 29, 2018- Congresswoman Marcy Kaptur just released a petition on her campaign website, calling on voters to tell President Trump to live up to his campaign promise, and reinstate Glass-Steagall. Kaptur is the originator and lead sponsor of HR 790, the Return to Prudent Banking Act, which was […]
June 2, 2018- A newly-released nationwide survey by Lake Research Partners and Chesapeake Beach Consulting, publicized by Americans for Financial Reform, revealed overwhelming bi-partisan support for curbing the influence of Wall Street and the big banks over the US government. The survey focused on likely voters in midterm […]
May 26, 2018—The pace of deregulation coming from the Trump Administration, and the U.S. Congress, is stunning. And it runs directly contrary to the principles of the Federally-backed credit system which Alexander Hamilton established, called the American System. Here are three prominent examples (many more are likely hidden in the […]
