Post Tagged with: "financial crisis"

FDR signing Glass-Steagall in June 1933.

The New Urgency for Glass-Steagall

By Nancy Spannaus Oct. 13, 2019—If one is to take the actions of the Federal Reserve since Sept. 17 into account, the United States banking system (and perhaps the global one) has already entered into a new systemic crisis. The Fed is issuing tens of billions of dollars a day […]

by October 13, 2019 Glass-Steagall, News
The recent Amtrak derailment in Washington State--the result of infrastructure on the cheap.

Conditions Overripe for an Infrastructure Bank

By Nancy Spannaus July 24, 2019—Conditions are overripe, so to speak, for the adoption of a $4 trillion dollar National Infrastructure Bank, whose updated text I reprint below. Indeed, any delay will only worsen the consequences of an inevitable collapse of an aspect of our crumbling basic infrastructure, our bloated-to-bursting […]

by July 24, 2019 Infrastructure Bank, News