By Nancy Spannaus Nov. 19, 2019—Are some Democrats actually ready to put the vital issue of infrastructure on Congress’s agenda again? Such a welcome change might be in the offing, thanks to the initiative of Oregon Democrat and Chairman of the House Transportation and Infrastructure Committee Peter DeFazio. Rep. DeFazio […]
Nov. 12, 2019—The national congress of the National Latino Farmers and Ranchers Trade Association passed a resolution in support of a National Infrastructure Bank on Nov. 2. The group’s president, Rudy Arredondo, works in Washington, D.C., and has been an active lobbyist for the bank. For an overview of other […]
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 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 […]
July 6, 2019—As of July 1, 12 states raised their gasoline taxes, in a concerted effort to get the revenue to deal with their collapsing bridges and highways. The actions follow a pattern from recent years, over which time the Federal share of contributions to building and maintaining the nation’s […]
June 18, 2019—At a meeting last night, the Akron City Council passed a resolution calling on the U.S. Congress to enact legislation establishing a National Infrastructure Bank. The passage had been preceded by extensive discussion. On June 13, sponsors of legislation to create a National Infrastructure Bank testified at City […]
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 […]
June 6, 2019—Rep. Michael J. Skindell, a long-time Democratic representative from Ohio’s Cuyahoga County, has introduced a memorial resolution into the Ohio state legislature calling on Congress to pass a new Glass-Steagall law. The substance of House Concurrent Resolution 9 reads as follows: RESOLVED, That we, the members of the […]
Alabama House Passes Bank Resolution June 4, 2019—This spring Alabama became the third state where a memorial resolution in favor of a National Infrastructure Bank has been passed. The resolution, introduced by Rep. Thomas Jackson, was voted up in the legislature in early April. The resolution also calls for reinstatement […]
By Nancy Spannaus Nov. 21, 2019–“We Must Save America’s Manufacturing Sector, Prosperity in the post-industrial service economy is a myth,” read the headline of an article in Industry Week yesterday. The article presents a solid argument about the disastrous results for empires which have relied on their financial power, rather […]
By Nancy Spannaus Nov. 19, 2019—Are some Democrats actually ready to put the vital issue of infrastructure on Congress’s agenda again? Such a welcome change might be in the offing, thanks to the initiative of Oregon Democrat and Chairman of the House Transportation and Infrastructure Committee Peter DeFazio. Rep. DeFazio […]
Will 2020 Bring Winds of Change?
By Angela Vullo Aug. 24, 2019–On Sunday night, August 18, MSNBC completed a four-part docuseries called “American Swamp,” which included a segment on infrastructure entitled “Bill to Nowhere.” The segment detailed both the crisis condition of our national infrastructure and the gridlock in Washington which has failed to address this […]