The Citadel Is Breached: Congress Taps the Federal Reserve for Infrastructure Funding

By Ellen Brown / Web of Debt Jan 18, 2016 In a landmark infrastructure bill passed in December, Congress finally tapped into the Federal Reserve for infrastructure funding. Some experts say legislators should go further and authorize funds to be issued directly. Dig deeper ( 6 Min. Read )

The Economy in 2016: Buying Time Before All the Old Problems Resurface

Staff / Truthdig Dec 28, 2015 What’s in store for the world economically in the new year? While he cautions against predictions, Guardian economics editor Larry Elliott projects that “there will be no explosion in 2016, but a fuse will be lit.” Dig deeper ( 2 Min. Read )

Why Is Venezuela Trying to Annex Two-Thirds of Neighboring Guyana?

Roisin Davis / Truthdig Jul 15, 2015 After the discovery of a potentially rich oil deposit in the contentious Essequibo region in Guyana, Venezuela’s President Nicolás Maduro appears intent on exploiting his neighbor’s land. Dig deeper ( 2 Min. Read )

Council on Foreign Relations: It’s Time to Rain Money on Main Street

By Ellen Brown, Web of Debt Sep 1, 2014 The September/October issue of Foreign Affairs features an article titled “Print Less But Transfer More: Why Central Banks Should Give Money Directly To The People.” It’s the sort of thing normally heard only from money reformers and Social Credit enthusiasts far from the mainstream. What’s going on? Dig deeper ( 7 Min. Read )

And Now for a Little Good News About the Economy

Kasia Anderson / Truthdig Jul 30, 2014 The Federal Reserve released some positive news Wednesday about the state of the U.S. economy, pointing to better figures than expected in the second quarter of 2014 while registering ongoing concern about unemployment. Dig deeper ( 1 Min. Read )

Venezuela Braces for More Violence

Alexander Reed Kelly / Truthdig Feb 14, 2014 A week of protests in Venezuela resulted in the deaths of three people and more than 20 injured Wednesday, leaving President Nicolas Maduro in a struggle to restrain discontent among opposition groups and radical elements of his Chavista movement. Dig deeper ( 1 Min. Read )

The Insider’s Economic Dictionary: I Is for Ideology

By Michael Hudson Nov 30, 2013 Ideology: A set of assumptions so appealing that one looks at their abstract logic rather than how the world actually works. (See Insanity.) Dig deeper ( 7 Min. Read )

The Insider’s Economic Dictionary: H Is for Half-Life

By Michael Hudson Nov 24, 2013 Hubris: A Greek term meaning overgrowth or proliferation, an addiction to power involving abusive behavior toward others, above all by victimizing people economically, typically as creditors. Dig deeper ( 2 Min. Read )

Republicans Dismiss Obama’s Budget Proposal

Alexander Reed Kelly / Truthdig Apr 6, 2013 Thanks to Speaker of the House John Boehner and his fellow Republicans in the chamber, there is serious legislative opposition to the attack on Social Security that President Obama proposed in his budget plan this week. Dig deeper ( 1 Min. Read )

How Congress Could Fix Its Budget Woes Permanently

By Ellen Brown, Web of Debt Feb 14, 2013 Money today is simply a legal agreement between parties. Nothing backs it but “the full faith and credit of the United States.” The United States could issue its credit directly to fund its own budget, just as our forebears did in the American colonies and as Abraham Lincoln did in the Civil War. Dig deeper ( 7 Min. Read )

Inflation

Pavel Constantin, Cagle Cartoons, Romania Feb 4, 2013 Dig deeper

Pick Paul Krugman, Mr. President

Alexander Reed Kelly / Truthdig Jan 6, 2013 The Nobel Prize-winning economist and public advocate is at the top of every liberal’s wish list for President Obama’s second-term Cabinet appointments. Dig deeper ( 2 Min. Read )