Post Tagged with: "debt"

Hamilton statue outside the U.S. Treasury building

Hamiltonian Banking: The Key to Infrastructure Funding

By Nancy Spannaus May 2, 2019—If Congress and the President are serious about funding a long overdue national infrastructure program, Hamiltonian banking must be the subject of their discussions over the coming weeks. A model proposal for a Hamiltonian National Infrastructure Bank has been proposed by this blog for nearly […]

Congressional action is needed.

Frequently Asked Questions on the National Infrastructure Bank (NIB)

Answering questions about how a National Infrastructure Bank would function

by December 21, 2018 Infrastructure Bank
The opening slide of the National Infrastructure Bank slide show.

D.C. Meeting Discusses National Infrastructure Bank

By Nancy Spannaus Nov. 14, 2018—A group of approximately 25 citizen-leaders gathered in a Washington, D.C. library last night to discuss how to address the question of the nation’s collapsing infrastructure. The lively, almost-unstoppable discussion centered around a slide show presentation on a National Infrastructure Bank (NIB)  proposal, given by […]

by November 14, 2018 News
The Minneapolis bridge collapse of 2007--a wake-up call on the state of  U.S. infrastructure.

Draft Legislation to Create a National Bank for Infrastructure

(updated May 13, 2019) Nov. 3, 2018–Once the separation between commercial banking and speculation has been re-established, the problem of a supply of cheap, long-term credit for the physical economy is easily solvable. Given the enormous needs for infrastructure building and rebuilding, this will require Federal credit and Federal credit […]

by November 3, 2018 Features, Infrastructure Bank
An infrastructure bank can fund the high-speed rail we need. Above, a Chinese high-speed train.

A National Infrastructure Bank to Fund Infrastructure in Virginia

By Alphecca Muttardy, Macroeconomist Last updated 10/25/2018 Summary: At present, the State of Virginia spends about 10% of its total public spending (or 1.7% of the state’s GDP) on public infrastructure projects.[1]  Of that total, the Virginia state budget pays for highway construction and improvements at four-year universities; local governments […]

by November 3, 2018 Commentary, Infrastructure Bank
Fed Chairman Jerome Powell at his swearing-in (federalreserve.gov)

Will the Fed Deregulate Us Into a New Major Crisis?

October 30, 2018—Tomorrow, according to an Oct. 29 report in the American Banker, the Federal Reserve Board of Governors is expected to take up the matter of implementing S. 2155, the major banking deregulation bill that was passed in the spring of this year. “Specifically, the Fed will unveil details […]

by October 30, 2018 News
Demonstrating for Federal aid to Puerto Rico on March 20 in Washington, D.C.

Puerto Rico: Cancel Debt, Build Infrastructure

By Angela Vullo March 22, 2018–On March 20, Congresswoman Nydia Velasquez (D-NY) hosted a discussion on the subject of “Puerto Rico, Six Months after Hurricane Maria.”  The event provided an opportunity for small businesses and NGOS on the ground to talk about relief work immediately after the Hurricane. What became […]

by March 22, 2018 News
The Wstts Bar dam on the Tennessee River, built from 1939 to 1942, provided urgently needed electricity for the World War II effort. (TVA.org)

News Shorts, Feb. 26-March 4, 2018

Democratic and Republican Lawmakers Blast Proposal to Sell Off Parts of TVA Feb. 25, 2018—The Trump budget proposal for selling off the transmission lines of the Tennessee Valley Authority (TVA) came under immediate attack from both Democrats and Republicans. Senator Lamar Alexander, Republican of Tennessee, called it a “looney idea.” […]

by February 26, 2018 News Shorts
Hamilton's statue in the Capitol Rotunda

On Hamilton’s Birthday: Apply Hamilton’s Genius Today, and Save the U.S. Economy!

By Nancy Spannaus Jan. 10, 2018—One test of an individual’s genius is the enduring quality and validity of his or her ideas, lasting from one generation to the next. A Leonardo, a Beethoven, an Einstein—to cite just a few examples—produced insights and beauty which have borne fruit, and inspired many […]

by January 10, 2018 Commentary
The Bank of the United States, one of the aspects of the Federalist System Marshall fought to defend.

We Need a Hamiltonian National Bank!

By Nancy Spannaus Dec. 12, 2017—Ask any professional economist, or Congressman for that matter, about why the United States is facing a hundreds of billions of dollars deficit in basic infrastructure, and he will tell you that we “don’t have the money.” But how could that be true? Trillions of […]

by December 12, 2017 Commentary, Infrastructure Bank