Post Tagged with: "Franklin Roosevelt"

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
Congressman Peter DeFazio (D-OR) addresses Congress.

A Response to Rep. DeFazio on Infrastructure Banks

By Alphecca Muttardy, macro-economist March 31, 2019–In his written and spoken testimony before the House Ways and Means Committee on March 6, Rep. Peter DeFazio, Chairman of the House Transportation Committee, correctly described what would happen to our economy if our nation’s critical infrastructure needs are not addressed. Citing the […]

The Politics Behind Today’s “Supermarket Banks”

The Politics Behind Today’s “Supermarket Banks”

By Nancy Spannaus March 30, 2019—The American Enterprise Institute (AEI) in Washington, D.C. hosted a discussion of the rise of today’s “supermarket banks” on March 27. Kicking off the event was Professor Mark H. Rose, who has recently published the book Market Rules: Bankers, Presidents, and the Origins of the […]

by March 30, 2019 News
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
President John F. Kennedy

In Thankful Memory of John F. Kennedy

By Nancy Spannaus Nov. 22, 2018—The coincidence of this year’s Thanksgiving holiday with the 55th anniversary of the assassination of President John F. Kennedy has provoked me to write this post.  Kennedy’s assassination was a horrific turning point in our nation’s history, the opening shot in a series of assassinations […]

by November 22, 2018 Commentary
An anti-austerity demonstration in Italy in 2012.

Italian Government Prompts Showdown over EU Austerity Demands

By Andrew Spannaus Nov. 8, 2018–The Italian government of Giuseppe Conte, whose EU-critical policies are driven by the leaders of the two coalition partners, and Deputy Prime Ministers, Luigi Di Maio of the Five Star Movement (M5S) and Matteo Salvini of the League, has decided to openly challenge EU budget […]

by November 9, 2018 Commentary, News
A DuPont worker, tasked with developing a new biodegradable plastic.

Industry Week Is on the Right Track

Sept. 21, 2018—An article in the monthly magazine Industry Week came across my desk this morning, and it was a pleasure to read.  Under the title “How Financialization Is Starving Manufacturing,” author Michael Collins reviews the work of Rana Faroohar, who, in her book Makers and Takers, systematically laid out […]

by September 21, 2018 News Shorts
In his inaugural address, FDR demanded action for working people.

Time to Bring FDR Back into the Democratic Party

Review:  How Bernie Won: Inside the Revolution That’s Taking Back Our Country, by Jeff Weaver, St. Martin’s Press, 2018, 363 pps. By Angela Vullo Sept. 6, 2018–From the title on, author Jeff Weaver, Bernie Sander’s 2016 campaign manager, challenges the common perception of the outcome of the U.S. Presidential election. […]

by September 6, 2018 Commentary
A graphic of total factor productivity in the 20th Century, showing the effects of the FDR banking policy.

A Brief History of the Principle of National Banking in the United States

Aug. 27, 2018–While Central Banks exist in many other countries, the United States is unique in its successful development of national banking.  The purpose of National Banks, developed even before the ratification of the U.S. Constitution, was to marshal the financial resources of the young nation and direct them into […]

by August 27, 2018 Commentary, Infrastructure Bank
Steelworkers rally in support of tariffs (AAM)

Finally, Some Calls for a National Industrial Policy

By Nancy Spannaus July 30, 2018—In dealing with the issue of tariffs which the Trump Administration has put on the front burner, I have consistently argued that an American System approach to reviving American manufacturing demands a comprehensive policy of which tariffs may only be a small part. Specifically, the […]

by July 30, 2018 Commentary, News