Post Tagged with: "Congress"

John Quincy Adams

Promoting Internal Improvements: A “Sacred Duty”

By Nancy Spannaus Dec. 3, 2019—In his first Annual Message to Congress, delivered December 6, 1825, President John Quincy Adams was at his eloquent best. As a lifelong devotee of the American System, President Adams felt compelled to address the “general principle” embodied in the U.S. Constitution which he had […]

by December 3, 2019 Commentary, History
Professor Joanne Freeman, author of Fields of Blood

Putting Today’s Partisanship in Perspective

A Report on Joanne Freeman’s Talk on Her Book Fields of Blood: Violence in Congress and the Road to Civil War By Nancy Spannaus October 4, 2019—When she began researching her book Fields of Blood 17 years ago, Yale professor Joanne Freeman did not have a crystal ball to predict […]

by October 4, 2019 History, News
Michigan state house

National Bank Resolution Introduced in Michigan

Sept. 23, 2019—The following resolution was submitted to the Michigan State Senate on Sept. 13.  More than a dozen other state legislatures are considering similar resolutions. Over the course of 2019, three state legislatures–Illinois, South Carolina, and Alabama–have passed the resolution. A model draft of legislation for a Federal bill […]

by September 23, 2019 Infrastructure Bank, News Shorts
The Fight Behind the Declaration

The Fight Behind the Declaration

By Nancy Spannaus July 1, 2019–Put yourself, in your mind’s eye, back in June of 1776, specifically, the period between June 7 and July 1. It is precisely at that time that one of the most crucial political battles in the history of the American republic was fought—the battle over […]

by July 2, 2019 Commentary
Forczek addresses the Jersey City Muncipal Council in May 2019.

NJ Magazine Features Call for Infrastructure Bank

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 […]

by May 6, 2019 Infrastructure Bank, News
Rep. Marcy Kaptur introducing her Glass-Steagall bill in the last Congress.

Kaptur Re-introduces Glass-Steagall Bill

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 […]

by April 10, 2019 Glass-Steagall, News
Illinois infrastructure needs as determined by the American Society of Civil Engineers.

Illinois Assembly Passes Infrastructure Bank Resolution

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 […]

Federal Reserve headquarters in Washington, D.C. (wikimedia commons)

The Federal Reserve Is Not `America’s Bank’

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 April 5, 2019 History, Review
Ways and Means Committee chairmen at the March 6 hearing on infrastructure.

Funding Infrastructure: The Principle of Federal Credit

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 March 9, 2019 Infrastructure, News
The fragility of the transit system in the New York-New Jersey area was dramatized when a beam penetrated the roof of  a New Jersey Transit train Sept. 7.

New NAM Report: Action on Infrastructure Now!

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 March 1, 2019 Infrastructure Bank, News