Ellen Brown

Ellen Brown is an attorney and founder of the Public Banking Institute. She is the author of twelve books, including the best-selling Web of Debt, and her latest book, The Public Bank Solution, which explores successful public banking models historically and globally.

Articles by this author

Views
Friday, December 19, 2014 - 3:00pm
Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives
The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last weekend. Senator Elizabeth...
Read more
Views
Saturday, December 13, 2014 - 10:00am
Bail-In and the Financial Stability Board: The Global Bankers’ Coup
On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged by Senator Elizabeth Warren; but the tide...
Read more
Views
Wednesday, November 19, 2014 - 1:15pm
This Publicly-Owned Bank Is Outperforming Wall Street
While 49 state treasuries were submerged in red ink after the 2008 financial crash, one state’s bank outperformed all others and actually launched an economy-shifting new industry. So reports the Wall Street Journal this week , discussing the Bank of North Dakota (BND) and its striking success in...
Read more
Views
Tuesday, September 9, 2014 - 8:15am
Preparing To Asset-Strip Local Government? The Fed’s Bizarre New Rules
In an inscrutable move that has alarmed state treasurers, the Federal Reserve, along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, just changed the liquidity requirements for the nation’s largest banks. Municipal bonds, long considered safe liquid...
Read more
Views
Monday, August 25, 2014 - 3:30pm
Colonization by Bankruptcy: The High-stakes Chess Match for Argentina
If Argentina were in a high-stakes chess match, the country’s actions this week would be the equivalent of flipping over all the pieces on the board. – David Dayen , Fiscal Times, August 22, 2014 Argentina is playing hardball with the vulture funds, which have been trying to force it into an...
Read more
A 2008 protest against the Federal Reserve Bank in Charlotte, NC (Credit: Justin Ruckman/cc/flickr) Views
Monday, June 23, 2014 - 8:45am
Buying Up the Planet: Out-of-Control Central Banks on a Corporate Buying Spree
"Finance is the new form of warfare – without the expense of a military overhead and an occupation against unwilling hosts. It is a competition in credit creation to buy foreign resources, real estate, public and privatized infrastructure, bonds and corporate stock ownership. Who needs an army when...
Read more
A new report includes a call from some of the world’s leading economists, including five Nobel Prize winners, to end the “war on drugs” and experiment with alternative policies. (Credit: Report cover / LSE) Views
Tuesday, May 6, 2014 - 1:45pm
In California, Robbing Main Street to Prop Up Wall Street
Governor Jerry Brown is aggressively pushing a California state constitutional amendment requiring budget surpluses to be used to pay down municipal debt and create an emergency “rainy day” fund, in anticipation of the next economic crisis. On the face of it, it is a sensible idea. As long as Wall...
Read more
Views
Saturday, March 29, 2014 - 1:22pm
Banking Union Time Bomb: Eurocrats Authorize Bailouts AND Bail-Ins
“ As things stand, the banks are the permanent government of the country, whichever party is in power. ” – Lord Skidelsky, House of Lords, UK Parliament, 31 March 2011)
Read more
Views
Saturday, February 15, 2014 - 8:31am
Usurious Returns on Phantom Money: The Credit Card Gravy Train
You pay off your credit card balance every month, thinking you are taking advantage of the “interest-free grace period” and getting free credit. You may even use your credit card when you could have used cash, just to get the free frequent flier or cash-back rewards. But those popular features are misleading.
Read more
Views
Monday, December 23, 2013 - 2:06pm
100 Years Is Enough: Time to Make the Fed a Public Utility
December 23rd, 2013, marks the 100 th anniversary of the Federal Reserve, warranting a review of its performance. Has it achieved the purposes for which it was designed?
Read more

Pages