The Public Banking Revolution Is Upon Us

Ellen Brown / Truthdig Apr 17, 2019 California and Washington are in a race to form the nation's second state-owned bank, a century after the first was established. Dig deeper ( 5 Min. Read )

Why Is the Fed Paying So Much Interest to Banks?

pedrik / Flickr Apr 1, 2019 Our financial institutions have become dangerously interconnected and vulnerable to sudden runs. Postal banking offers a safe alternative. Dig deeper ( 7 Min. Read )

This Radical Plan to Fund the ‘Green New Deal’ Just Might Work

Ellen Brown / Truthdig Dec 16, 2018 Alexandria Ocasio-Cortez and the 22 representatives behind the effort are proposing to finance it similarly to how FDR funded the New Deal. Dig deeper ( 8 Min. Read )

California Dreaming: Cannabis Cash, Public Banks—and the State’s Own Mini-Fed?

Ellen Brown / Truthdig Jul 3, 2018 Los Angeles voters and California legislators exploring the public bank option may be breaking not just from Wall Street but from the Federal Reserve. Dig deeper ( 5 Min. Read )

Blackstone, BlackRock or a Public Bank for California’s Money?

Ellen Brown / Truthdig May 25, 2018 The state’s stagnant funds could be put to good and much-needed work through a publicly owned bank—instead of being put at high risk through investment in public-private partnerships. Dig deeper ( 7 Min. Read )

How Public Ownership Could Revive Community Banks

Ellen Brown / Web of Debt Oct 30, 2017 Establishing public banks can help stop acquisition by megabanks and keep credit flowing in local economies. Dig deeper ( 7 Min. Read )

Here’s How Infrastructure Costs Can Be Halved

By Ellen Brown / Web of Debt Jan 26, 2017 Americans could save $1 trillion over 10 years by financing infrastructure through publicly owned banks like the one that has long been operating in North Dakota. Dig deeper ( 5 Min. Read )

The Italian Banking Crisis: No Free Lunch — or Is There?

By Ellen Brown / Web of Debt Dec 22, 2016 The Italian banking crisis that could take down the eurozone has been called “a bigger risk than Brexit." Handwringing officials say there is “no magic bullet,” but a British professor, Richard Werner, says remedies are just being ignored. Dig deeper ( 7 Min. Read )

Public Banks Can Help Cities Honor Their Commitment to Give Sanctuary to Immigrants

By Matt Stannard and Marc Armstrong Dec 13, 2016 Cities, counties and states, by chartering their own banks, can foster long-term economic stability and build a firewall against the incoming administration's threats of financial blackmail. Dig deeper ( 7 Min. Read )

‘We’ll Look at Everything’: An Alternative to Trump’s $1 Trillion Infrastructure Plan

By Ellen Brown / Web of Debt Dec 8, 2016 Creating jobs requires an injection of new money into the American economy. Borrowing from the bond markets or off the balance sheet in public/private partnerships won’t do it. So if Congress won’t issue money directly, it should borrow from banks, which create money out of thin air. Dig deeper ( 7 Min. Read )

Trump’s $1 Trillion Infrastructure Plan: Lincoln Had a Bolder Solution

By Ellen Brown / Web of Debt Nov 17, 2016 Instead of privatizing public assets and delivering taxpayer money to investors, the president-elect could fund his promised infrastructure projects by simply printing money. Dig deeper ( 7 Min. Read )

Funding California Schools: Proposition 51 Versus a State-Owned Bank

By Ellen Brown / Web of Debt Oct 20, 2016 By borrowing from its own state-chartered, state-owned bank, California could save over $10 billion on a $9 billion loan. Dig deeper ( 7 Min. Read )