Posted on June 2, 2023 by Ellen Brown (EllenBrown.com) A small financial transactions tax could correct a number of maladies in our economic system, from the federal debt crisis to the widening wealth divide to the rampant financialization of the economy, while eliminating taxes on income and sales. The debt ceiling crisis… Continue reading
Posted on May 19, 2023 by Ellen Brown (ellenbrown.com) Short sellers have made a killing in the recent banking crisis, scalping $14.3 billion from bank stock owners just in March of this year. Short sellers “borrow” stock they don’t own and immediately sell it, driving the price down. Then they buy it back at… Continue reading
by EDITOR March 23, 2023 (scheerpost.com) By Ellen Brown / Original to ScheerPost On CNN March 14, Roger Altman, a former deputy Treasury secretary in the Clinton administration, said that American banks were on the verge of being nationalized: What the authorities did over the weekend was absolutely profound. They guaranteed the… Continue reading
Posted on March 24, 2023 by Ellen Brown (ellenbrown.com) On CNN March 14, Roger Altman, a former deputy Treasury secretary in the Clinton administration, said that American banks were on the verge of being nationalized: What the authorities did over the weekend was absolutely profound. They guaranteed the deposits, all of them, at… Continue reading
Praxis Peace Institute Feb 9, 2023 Ellen Brown is the founder of the Public Banking Institute and the author of Web of Debt, The Public Banking Solution, and Banking on the People: Democratizing Money in the Digital Age. Also: https://open.substack.com/pub/corbettreport/p/alternative-solutions-to-the-banking?utm_campaign=post&utm_medium=web
Posted on February 25, 2023 by Ellen Brown (ellenbrown.com) Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?! Here’s How!” The reference is to “bail-ins:” the provision under the 2010 Dodd-Frank Act allowing Systemically Important Financial… Continue reading
