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
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Views Monday, July 24, 2017 Saving Illinois: Getting More Bang for the State’s Bucks Illinois is insolvent, unable to pay its bills. According to Moody’s , the state has $15 billion in unpaid bills and $251 billion in unfunded liabilities. Of these, $119 billion are tied to shortfalls in the state’s pension program . On July 6, 2017, for the first time in two years, the state... Read more |
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Views Wednesday, May 17, 2017 If China Can Fund Infrastructure with Its Own Credit, So Can We This week has been designated “National Infrastructure Week” by the US Chambers of Commerce, the American Society of Civil Engineers (ASCE), and over 150 affiliates. Their message: “It’s time to rebuild.” Ever since ASCE began issuing its “National Infrastructure Report Card” in 1998, the nation... Read more |
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Views Friday, March 17, 2017 If "Ryancare" Is Dead on Arrival, Can We Please Now Try Single Payer? "The Canadian plan also helps Canadians live longer and healthier than Americans. . . . We need, as a nation, to reexamine the single-payer plan, as many individual states are doing." — Donald Trump, The America We Deserve (2000) The new American Health Care Act has been unveiled, and critics are... Read more |
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Views Thursday, January 26, 2017 How to Cut Infrastructure Costs in Half President Donald Trump has promised to rebuild America’s airports, bridges, tunnels, roads and other infrastructure, something both Democrats and Republicans agree should be done. The country needs a full $3 trillion in infrastructure over the next decade. The $1 trillion plan revealed by Trump’s... Read more |
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Views Wednesday, December 07, 2016 “We’ll Look at Everything”: More Reasons Trump’s $1 Trillion Infrastructure Plan Is Terrible To stimulate the economy, create new jobs and generate new GDP requires an injection of new money. Borrowing from the bond markets or off-balance-sheet in public/private partnerships won’t do it. If Congress won’t issue money directly, it should borrow from banks, which create money on their books... Read more |
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Views Thursday, October 20, 2016 Prop. 51 Versus a State-Owned Bank: How California Can Save $10 Billion on a $9 Billion Loan School districts are notoriously short of funding – so short that some California districts have succumbed to Capital Appreciation Bonds that will cost taxpayers as much as 10 to 15 times principal by the time they are paid off. By comparison, California’s Prop. 51, the school bond proposal... Read more |
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Views Saturday, May 14, 2016 “Print the Money”: Trump’s “Reckless” Proposal Echoes Franklin and Lincoln “Reckless,” “alarming,” “disastrous,” “swashbuckling,” “playing with fire,” “crazy talk,” “lost in a forest of nonsense”: these are a few of the labels applied by media commentators to Donald Trump’s latest proposal for dealing with the federal debt. On Monday, May 9th, the presumptive Republican... Read more |
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Views Monday, May 02, 2016 Bank of North Dakota Soars Despite Oil Bust: A Blueprint for California? Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits. This article looks at what California, with fifty times North Dakota’s population, could do following that state’s lead. In November 2014, the Wall Street Journal reported that the Bank of North... Read more |
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Views Sunday, March 13, 2016 Exposing the Libyan Agenda: A Closer Look at Hillary’s Emails The brief visit of then-Secretary of State Hillary Clinton to Libya in October 2011 was referred to by the media as a “victory lap.” “We came, we saw, he died!” she crowed in a CBS video interview on hearing of the capture and brutal murder of Libyan leader Muammar el-Qaddafi. But the victory lap,... Read more |
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Views Sunday, November 22, 2015 Hang Onto Your Wallets: Negative Interest, the War on Cash, and the $10 Trillion Bail-in Remember those old ads showing a senior couple lounging on a warm beach, captioned “Let your money work for you”? Or the scene in Mary Poppins where young Michael is being advised to put his tuppence in the bank, so that it can compound into “all manner of private enterprise,” including “bonds,... Read more |