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The Fourth of July: Winning the Freedom to Build a Nation

The Fourth of July: Winning the Freedom to Build a Nation

July 2—With the bold act of defiance against the British Crown that was the Declaration of Independence, the United States of America was born in July 1776. That Declaration concludes: “We, therefore, the representatives of the United States of America, in General Congress, assembled, appealing to the Supreme Judge of […]

by July 3, 2017 Infrastructure
The FDR Model: The “Golden Age” of Productivity

The FDR Model: The “Golden Age” of Productivity

By Nancy Spannaus June 26, 2017—Talk about the desperate need for an upgrade of the basic infrastructure of the U.S. economy is all the rage these days, from President Trump to the New York State officials staring a transportation disaster in the face. The unfortunate reality is that, despite the […]

by June 26, 2017 Infrastructure
Don’t Get Your History From Lin-Manuel Miranda’s “Hamilton”!

Don’t Get Your History From Lin-Manuel Miranda’s “Hamilton”!

Hamilton: The Revolution Lin-Manuel Miranda and Jeremy McCarter Grand Central Publishing, 2016, 288 pages. By Nancy Spannaus It is quite possible, as great philosophers have pointed out, for a misguided or totally erroneous action to have positive consequences. So might be the case with Lin-Manuel Miranda’s smash Broadway hit “Hamilton.” […]

by June 25, 2017 Commentary
Public Citizen Hosts Rep. Kaptur on Glass-Steagall

Public Citizen Hosts Rep. Kaptur on Glass-Steagall

June 21, 2017–Following the GOP’s stonewalling of discussion of Glass-Steagall over the past week, supporters of the Return to Prudent Banking Act (H.R. 790) in the House of Representatives have determined to take the fight to a broader level. Thus, on June 20, the lobbying group Public Citizen hosted the […]

by June 21, 2017 Glass-Steagall, News

Credit Union Leaders Issue an Alert on Glass-Steagall Debate

  June 20, 2017–Credit unions around the country are beginning to take notice of the Congressional debate on restoring Glass-Steagall. An article in the June 21st edition of the Credit Union Times by the CEOs of two credit unions issued a call for “credit unions, credit union leagues and our […]

by June 20, 2017 Glass-Steagall, News
“Congress Must Not Wait–The Chance to Restore Glass-Steagall Is Now”

“Congress Must Not Wait–The Chance to Restore Glass-Steagall Is Now”

June 16, 2017—Eighty-four years ago today, President Franklin Roosevelt capped off a marathon 100-day session of Congress with the signing of the Glass-Steagall Banking Bill. That bill, which was actively promoted by some powerful Wall Street bankers as well as the general public, was specifically aimed at providing for “the […]

by June 16, 2017 Glass-Steagall, News

Glass-Steagall Advocates Press Their Case

June 15, 2017—Some Glass-Steagall advocates just won’t take `no’ for an answer. Among them are former Reagan Administration Assistant Treasury Secretary Paul Craig Roberts, and Democratic Representatives Marcy Kaptur (Ohio) and Tulsi Gabbard (Hawaii). On June 8 Roberts posted an article  under the title “Without Glass-Steagall America Will Fail.” Roberts […]

by June 16, 2017 Glass-Steagall

The Franklin Roosevelt Model for Recovery

By Nancy Spannaus Aug. 10, 2016—When President Franklin Delano Roosevelt took action within his first 100 days to control the U.S. economy from the marauding speculating bankers who had brought it to its knees, he knew that stopping financial crime was not going to be enough. Americans needed the opportunity […]

by June 14, 2017 Infrastructure

The Fight to Restore Glass-Steagall

June 12–Efforts to revive the American System today are being led by the campaign to reinstate FDR’s Glass-Steagall law. The LaRouche Political Action Committee began to agitate for this measure in the fall of 2008, and by 2010 the drive had become an active issue in the U.S. Congress, at […]

by June 12, 2017 Glass-Steagall

Nomi Prins to President Trump: Glass-Steagall or Another Meltdown

Dear President Trump: Breaking Up (Banks) Isn’t So Hard to Do: Glass-Steagall or Another Economic Meltdown? By Nomi Prins (The following open letter was issued June 8, 2017.) Donald, listen, whatever you’ve done so far, whatever you’ve messed up, there’s one thing you could do that would make up for a […]

by June 12, 2017 Glass-Steagall, News