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 Feb. 20, 2021—The dramatic failure of the electric grid in Texas this week, which at one point left more than 4 million of the state’s residents without electricity, should be an object lesson to the country. Texas’s deregulated energy grid is quintessential energy insanity; unfortunately, much of […]
By Nancy Spannaus Feb. 3, 2021—The AmericanSystemNow YouTube channel now features the recent video documentary by Alexander Hamilton researcher Marianne Als, “The Evidence for Hamilton Against Slavery.” I hope you will review it and also subscribe, for there will be much more educational material on Hamilton and the American System […]
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 […]