Forget Clinton’s and Trump’s Plans for the Economy: It’s Time to Erase Debt and Create Jobs

By Mike Krauss Aug 6, 2016 More than 100 years ago, Congress surrendered the power to create money to private banks. If we take it back, we can extinguish debt, rebuild public infrastructure and propel the economy forward like a rocket. Dig deeper ( 4 Min. Read )

Can Jill Stein Carry Sanders’ Baton? A Look at the Green Candidate’s Radical Funding Solution

By Ellen Brown / Web of Debt Aug 3, 2016 Pointing to the massive sums the Fed produced out of the blue to bail out Wall Street in 2008, the Green Party presidential candidate says the same resources that saved the perpetrators of the financial crisis could be made available to its Main Street victims. Dig deeper ( 8 Min. Read )

Public Banks as the Antithesis of Neoliberalism

By Matt Stannard / Public Banking Institute Jun 15, 2016 Public banks give people the right to share in sustainable abundance—a goal that neoliberalism makes impossible. Dig deeper ( 9 Min. Read )

Bank of North Dakota Soars Despite Oil Bust: A Blueprint for California?

By Ellen Brown / Web of Debt May 4, 2016 Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits. With 50 times North Dakota’s population, California could do the same. Dig deeper ( 7 Min. Read )

The War on Savings: The Panama Papers, Bail-Ins and the Push to Go Cashless

By Ellen Brown / Web of Debt Apr 13, 2016 Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with a "war on cash" and the potentially imminent threat of massive bail-ins of depositor funds. Dig deeper ( 6 Min. Read )

Fair and Prosperous Socialism in America May Be Closer Than You Think

Alexander Reed Kelly / Truthdig Feb 28, 2016 Historian and activist Gar Alperovitz argues that many socialist institutions exist in the U.S. with the support of both liberal and conservative citizens and politicians—and many more are in the making. Dig deeper ( 5 Min. Read )

Truthdigger of the Week: Progressive Congressional Candidate Tim Canova

BLANK Feb 1, 2016 This reform-minded lawyer and law professor with a history of progressive advocacy is answering Bernie Sanders' call for a political revolution by challenging Debbie Wasserman Schultz of Florida for her congressional seat. Here, Truthdig interviews him, and we like what he has to say. Dig deeper ( 11 Min. Read )

The Populist Revolution: Bernie and Beyond

By Ellen Brown / Web of Debt Jan 27, 2016 With disenfranchised millennials at his back, Bernie Sanders' proposal of a real financial revolution, a fundamental change in the system itself, is a great start to the necessary overhaul of society. Dig deeper ( 7 Min. Read )

A Crisis Worse Than Islamic State? Bank ‘Bail-Ins’ Begin

By Ellen Brown / Web of Debt Dec 29, 2015 While the mainstream media focus on Islamic State extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the United States. Dig deeper ( 7 Min. Read )

Reinventing Banking: From Russia to Iceland to Ecuador

By Ellen Brown / Web of Debt Dec 14, 2015 These transformations, current and proposed, are constructive steps toward streamlining the banking system, eliminating the risks that have devastated individuals and governments, democratizing money, and promoting sustainable and prosperous economies. Dig deeper ( 7 Min. Read )

How Obama Could Beat the Debt Ceiling and Go Out a Hero

By Ellen Brown / Web of Debt Oct 28, 2015 The debt ceiling is an unconstitutional gimmick that violates the 14th Amendment, and it could be eliminated for good by restoring to the government its constitutional authority to create money. Dig deeper ( 7 Min. Read )

Killing Off Community Banks: Intended Consequence of Dodd-Frank?

By Ellen Brown, Web of Debt Oct 22, 2015 The Dodd-Frank regulations are so lethal to community banks that they are rapidly disappearing—except in North Dakota, where they are thriving. Some say the intent was to force them to sell out to the mega-banks. Dig deeper ( 7 Min. Read )