By Nancy Spannaus May 6, 2019—NJ Municipalities, the magazine of the New Jersey League of Municipalities, has recently published a call for a National Infrastructure Bank (NIB) under the headline: “National Infrastructure Bank: A Hamiltonian Solution to the National Infrastructure Crisis.” It was written by retired transportation executive Stanley Forczek, who […]
April 10, 2019—The following press release was issued by Rep. Marcy Kaptur (D-Ohio) yesterday. It puts back on the Congressional agenda one of the urgent actions required to curb Wall Street speculation, and put the United States back on the path of the American System. The Bill number is HR […]
April 8, 2019—On April 2, the General Assembly of the state of Illinois passed HR0014, a resolution memorializing Congress to establish a New National Infrastructure Bank. The resolution was introduced by Rep. Mary Flowers (D-31) in late December. It passed the Financial Institutions Committee on March 19. The resolution now […]
How the Fed was foisted on the U.S. by Europe’s Central Bankers America’s Bank, The Epic Struggle To Create the Federal Reserve Roger Lowenstein, Penguin Books, New York, NY. 2015. A review by Stuart Rosenblatt April 5, 2019 Despite the fact that America’s Bank, the story of the founding of […]
By Nancy Spannaus March 9, 2019—The March 6 House Ways and Means Committee hearing on transportation infrastructure put the crucial problem which is blocking vitally-needed action on this topic, squarely on the table: the lack of understanding of the Hamiltonian principle of credit. From Representative Peter DeFazio, Chairman of the […]
By Nancy Spannaus March 1, 2019—The latest report on the U.S. infrastructure disaster by the National Association of Manufacturers (NAM) is a straightforward call for Congress and the President to act now. The “Build to Win” document begins by stating that “in an alarming state of disrepair and in urgent […]
By Nancy Spannaus Feb. 13, 2019–The U.S. Congress lost one of its most honorable members on February 10, when Congressman Walter B. Jones, who represented Eastern North Carolina in Congress for 34 years, died in Greenville. While elected as a Republican, Jones was well-known as an independent voice, who was […]
Feb. 5, 2019—On Feb. 4, a group of Arizona legislators, led by State Senator Juan Mendez, joined the national movement to get Congress to reimpose Glass-Steagall and establish a Hamiltonian National Infrastructure Bank. SM1001, a “Memorial urging Congress to reinstate portions of the Glass-Steagall Act and to support national banking […]
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 […]
By John Ascher Jan. 6, 2018–A group of Progressive Democrats this past week challenged Speaker Nancy Pelosi and the Democratic establishment on one issue which counts: their decision to reassert the House version of PAYGO. (Pay-as-you-go.) They lost the challenge, but have raised an important debate. The Progressives were […]
By Nancy Spannaus May 20, 2019–George Washington’s “Grand Idea” of uniting the country through developing the Potomac River as the gateway to the West, was the subject of a lively book talk last night. Author Joel Achenbach spoke to a group of approximately 30 people about his book The Grand […]
By Nancy Spannaus May 15, 2019—On May 8, the House Transportation and Infrastructure Committee, under Chairman Peter DeFazio, took a baby step toward increasing Federal spending on vital national infrastructure. It passed out of Committee HR 2440, a bill which would allow the Army Corps of Engineers to utilize the […]
