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AmericanSystemNow Turns Two
By Nancy Spannaus June 16, 2019—Today, this blog turns two years old. Over the past two years, we have published 333 posts, ranging from reprints of key historic documents, to in-depth analyses of FDR’s New Deal and war mobilization, to more pithy analyses of current economic developments from the standpoint […]
Hamilton on Debt: Turn It into Capital!
by Nancy Spannaus June 15, 2019–In their June 12 column in Wall Street on Parade, Pam and Russ Martens reviewed the scandal of the century—the fact that the Federal Reserve has bailed out Wall Street to the tune of $27 trillion since the crash of 2008-9. They concluded, appropriately, with […]
Tackling the Housing Crisis
Learning from FDR’s Emergency Action By Nancy Spannaus June 11, 2019—The 2008-9 period of mass housing foreclosures may be over, but the housing crisis in the United States is not. Exorbitant prices in the nation’s major cities, along with burgeoning homelessness centered in many of those same locations, attest to […]