Alexander Hamilton at the US Treasury

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How Financialization Destroyed the U.S. Economy

  Makers and Takers The Rise of Finance and the Fall of Business Rana Foroohar Crown Business, New York, NY, 2016, 329 pages A review by Stuart Rosenblatt     July 12, 2017–Rana Foroohar’s 2016 book Makers and Takers is an important addition to the growing number of exposés against […]

by July 15, 2017 Commentary

When the US Military Helped Build America

Military-Civilian Collaboration on Infrastructure Projects is an American Tradition by Pam Lowry From the earliest days of the young American Republic, the engineering capabilities of the military were viewed as crucial for developing the nation. The officers of the Continental Army, such as George Washington, Alexander Hamilton, and Henry Knox, […]

by July 14, 2017 Infrastructure

Congress Need Only Go to American System Principles to Solve the Health Care Crisis

  By Nancy Spannaus July 11, 2017—As the U.S. Senate takes up the question of repealing Obamacare again this week, Americans can expect to be inundated with waves of facts, figures, and moralisms that will accelerate the conflict over this issue, but which provide no clear pathway to a solution […]

by July 11, 2017 Medicare For All, News

State Budget Crises: The Latest Examples of a Collapsing Economy

By Angela Vullo July 6, 2017–Another nail was driven into the coffin of the myth of the so-called national economic recovery on June 30 when 11 states announced they would have a heck of a problem in balancing their budgets. State governments are mandated to have a balanced budget by […]

by July 7, 2017 Glass-Steagall, News

The Fed is Lying: Glass-Steagall Is a Necessity Now

“I’m Shocked, Shocked to Find There’s Gambling Going On Here” —From the movie Casablanca“ July 4, 2017—The Federal Reserve put out the word on June 26, claiming that all the major banks in the United States had passed their “stress tests,” and thus demonstrated that they could weather a severe […]

by July 5, 2017 Glass-Steagall

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

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”!

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

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