By Ellen Brown, Web of DebtJun 14, 2013
Only one proposal promises relief for millions of students whose loan interest rates will double from 3.4 percent to 6.8 percent this July -- Sen. Elizabeth Warren’s “Bank on Students Loan Fairness Act.” Dig deeper ( 7 Min. Read )
By Ellen Brown, Web of DebtFeb 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 )
By Ellen Brown, Web of DebtJan 19, 2013
The trillion dollar coin represents one of the most important principles of popular prosperity ever conceived: the creation of money by sovereign governments, debt-free. Dig deeper ( 8 Min. Read )
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Alexander Reed Kelly / TruthdigJan 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 )
By Ellen Brown, Web of DebtSep 22, 2012
The economy could use a good dose of “aggregate demand”—new spending money in the pockets of consumers—but QE3 won’t do it. Neither will it trigger the dreaded hyperinflation. In fact, it won’t do much at all. There are better alternatives. Dig deeper ( 6 Min. Read )
Alexander Reed Kelly / TruthdigSep 13, 2012
The Federal Reserve ended its do-little policy on Thursday, pledging to keep interest rates near zero and announcing an open-ended commitment to buy bonds and possibly take other steps to push the economy into motion. Dig deeper ( 1 Min. Read )
Staff / TruthdigApr 16, 2012
Just as Mitt Romney has locked up the Republican nomination on a boast of fiscal conservatism, President Obama's Treasury Department has said it expects to turn a tidy $2 billion profit from TARP and other extraordinary measures taken to bail out the financial industry. Dig deeper ( 1 Min. Read )
Luojie, Cagle Cartoons, China Daily, ChinaAug 29, 2011Dig deeper
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