Saving Illinois by Ellen Brown

For All Debts...

Image by AK Rockefeller via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
July 24, 2017

Illinois is teetering on bankruptcy and other states are not far behind, largely due to unfunded pension liabilities; but there are solutions. The Federal Reserve could do a round of “QE for Munis.” Or the state could turn its sizable pension fund into a self-sustaining public bank.

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Sovereign Debt Jubilee, Japanese-Style by Ellen Brown

Capitalism IS the Crisis

Image by Waywuwei via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
June 27, 2017

Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too.

Let’s face it. There is no way the US government is ever going to pay back a $20 trillion federal debt. The taxpayers will just continue to pay interest on it, year after year.

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Another Massive Subsidy To Wall Street by Ellen Brown

Boston GS Protest

Image by americans4financialreform via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
June 11, 2017

Higher interest rates will triple the interest on the federal debt to $830 billion annually by 2026, will hurt workers and young voters, and could bankrupt over 20% of US corporations, according to the IMF. The move is not necessary to counteract inflation and shows that the Fed is operating from the wrong model.

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If China Can Fund Infrastructure With Its Own Credit, So Can We by Ellen Brown

roads and railways series #2

Image by woodleywonderworks via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
May 17, 2017

May 15th-19th 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 has gotten a dismal grade of D or D+. In the meantime, the estimated cost of fixing its infrastructure has gone up from $1.3 trillion to $4.6 trillion.

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Which Is Safer, a Public Bank or a Private Bank? by Ellen Brown + The Savings and Stability of Public Banking by Ralph Nader

For All Debts...

Image by AK Rockefeller via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
April 11, 2017

Phil Murphy, the leading Democratic candidate for governor of New Jersey, has made a state-owned bank a centerpiece of his campaign. He says the New Jersey bank would “take money out of Wall Street and put it to work for New Jersey – creating jobs and growing the economy [by] using state deposits to finance local investments … and … support billions of dollars of critical investments in infrastructure, small businesses, and student loans – saving our residents money and returning all profits to the taxpayers.”

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Trumpcare or Ryancare–Dead on Arrival? by Ellen Brown + Healthcare or Wealthcare?

Medicare-Bakersfield-2017-03

Image by ufcw770 via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
March 14, 2017

“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)

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Net New Spending Requires Net New Money by Ellen Brown

For All Debts...

Image by AK Rockefeller via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
December 7, 2016

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 when they make loans.

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Ellen Brown: Breaking Through the Money Power

For All Debts...

Image by AK Rockefeller via Flickr

with Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
September 30, 2016

“Commercial banks create money, in the form of bank deposits, by making new loans… 97% of the [money] currently in circulation [is] created by commercial banks themselves.”

— “Money creation in the modern economy”, Quarterly Bulletin, 2014 Q1, Bank of England

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Central Bank Digital Currencies: A Revolution in Banking? by Ellen Brown

Bitcoin

Image by Tiger Pixel via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
September 16, 2016

Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies, using the blockchain technology developed for Bitcoin. Skeptical commentators suspect that their primary goal is to eliminate cash, setting us up for negative interest rates (we pay the bank to hold our deposits rather than the reverse).

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Can Jill Carry Bernie’s Baton? A Look at the Green Candidate’s Radical Funding Solution by Ellen Brown

Jill Stein

Image by cool revolution via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
August 2, 2016

Bernie Sanders supporters are flocking to Jill Stein, the presumptive Green Party presidential candidate, with donations to her campaign exploding nearly 1000% after he endorsed Hillary Clinton. Stein salutes Sanders for the progressive populist movement he began and says it is up to her to carry the baton. Can she do it? Critics say her radical policies will not hold up to scrutiny. But supporters say they are just the medicine the economy needs.

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The War on Weed Part II: Monsanto, Bayer, and the Push for Corporate Cannabis by Ellen Brown

Odeigorri II

Image by Federacion de Asociaciones Cannabicas (FAC) via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
July 7, 2016

California’s “Adult Use of Marijuana Act” (AUMA) is a voter initiative characterized as legalizing marijuana use. But critics warn that it will actually make access more difficult and expensive, squeeze home growers and small farmers out of the market, heighten criminal sanctions for violations, and open the door to patented, genetically modified (GMO) versions that must be purchased year after year.

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Brexit and the Derivatives Time Bomb by Ellen Brown

Brexit

Image by Rich Girard via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
July 1, 2016

Brexit could trigger a $500 trillion derivatives meltdown, by forcing the EU to allow insolvent member governments and banks to write down debt. Italy is in financial crisis and is already petitioning for that concession. How to avoid collapse of the massive derivatives house of cards? Alternatives are considered.

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The War on Weed Is Winding Down – But Will Monsanto Be the Winner? by Ellen Brown

Graffiti tunnel, XI

Image by Newtown grafitti via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
June 23, 2016

The war on cannabis that began in the 1930s seems to be coming to an end. Research shows that this natural plant, rather than posing a deadly danger to health, has a wide range of therapeutic benefits. But skeptics question the sudden push for legalization, which is largely funded by wealthy investors linked to Big Ag and Big Pharma.

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The Panama Papers: War on Corruption or War on Savers? by Ellen Brown

No Cash

Image by Stephan Rosger via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
April 10, 2016

Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds.

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Exposing the Libyan Agenda: A Closer Look at Hillary’s Emails by Ellen Brown

US, Keep Your Hands Off Libya

Image by Mohammad A. Hamama via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
March 13, 2016

Critics have long questioned why violent intervention was necessary in Libya. Hillary Clinton’s recently published emails confirm that it was less about protecting the people from a dictator than about money, banking, and preventing African economic sovereignty.

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