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 […]
April 2, 2019–The end-of-year reporting by the Wall Street mega-banks on their exposure to risk should be setting off alarms on Capitol Hill and beyond. Of particular concern are the figures on speculation in derivatives contained in the annual reports which the banks (among other publicly traded companies) have to […]
By Nancy Spannaus Feb. 19, 2019—Online bookstores are now selling Hamilton Versus Wall Street to the public. You can now start ordering and circulating the only book on the market which presents our First Treasury Secretary Alexander Hamilton’s economic principles, and the way in which they were taken up and […]
By Nancy Spannaus Sept. 27, 2018—A blockbuster forum at the National Press Club last night brought together five economic experts to discuss the 2008 financial crash and what can be done to prevent a new one. Addressing the audience of approximately 100 people were: 1) Nomi Prins, former Wall Street […]
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 Angela Vullo July 26, 2018–Not since the movie “The Big Short” has Wall Street been so exposed as the enemy of the American public. In a rare performance, in the Hart Senate Office Building on July 24, truth was told in a forum on the economy on Capitol Hill. […]
May 7, 2018–As the US House of Representatives considers the expansion of financial deregulation with the passage of a House version of Senate Bill 2155, two recent media exposes have brought to light the impact of years of unbridled predatory Wall Street practices in the case of Puerto Rico. NPR […]
May 3, 2018—A crowd filled up all the available seats at the Politics and Prose bookstore in Washington, D.C. last night, eager to hear Wall Street whistle-blower and renowned author Nomi Prins discuss her latest book. The author, once a Wall Street insider at Goldman Sachs, Bear Stearns, and Lehman […]
April 8, 2018—In an interview with CNBC on April 6, Scott Minerd, head of investing for Guggenheim Partners, pointed to ballooning corporate debt as the probable source of a major financial crisis in the 2019-2020 period. “As interest rates keep ratcheting higher, with record levels of corporate debt it’s going […]
By Nancy Spannaus May 20, 2019–George Washington’s “Grand Idea” of uniting the country through developing the Potomac River as the gateway to the West, was the subject of a lively book talk last night. Author Joel Achenbach spoke to a group of approximately 30 people about his book The Grand […]
By Nancy Spannaus May 15, 2019—On May 8, the House Transportation and Infrastructure Committee, under Chairman Peter DeFazio, took a baby step toward increasing Federal spending on vital national infrastructure. It passed out of Committee HR 2440, a bill which would allow the Army Corps of Engineers to utilize the […]
We Need Hamilton to Defeat Wall Street
By Nancy Spannaus March 13, 2019—My book, Hamilton Versus Wall Street, has an urgent message for the American population: Our nation needs to take up Hamilton’s American System in order to save the nation. Once you read the book, you will understand why. A little background on how the concept […]