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The Public Banking Revolution Is Upon Us

As public banking gains momentum across the country, policymakers in California and Washington state are vying to form the nation’s second state-owned bank, following in the footsteps of the highly successful Bank of North Dakota, founded in 1919.... [read more]

Reactive Mismeasures: The New Yorker and the "New" Cold War Propaganda (Part 2)

This is the second part of a paragraph by paragraph commentary on a recent article posing as journalism in the March 6, 2017 issue of The New Yorker.... [read more]

Federal IDs for All US Workers: A Trial Balloon?

According to an article in last Thursday's Wall Street Journal, the Senate is considering a bipartisan plan to require all working people in the US to carry a biometric ID card. Thomas Riggins reports... [read more]

How America Can Free Itself From Wall Street

Wall Street owns the country. That was the opening line of a fiery speech that populist leader Mary Ellen Lease delivered around 1890. Franklin Roosevelt said it again in a letter to Colonel House in 1933, and Sen. Dick Durbin was still saying it in 2009. ... [read more]

The War on the Post Office

The US Postal Service, under attack from a manufactured crisis designed to force its privatization, needs a new source of funding to survive. Postal banking could fill that need.... [read more]

Why Is the Fed Paying So Much Interest to Banks?

When “Mary Poppins” was made into a movie in 1964, Mr. Banks’ advice to his son was sound. The banks were then paying more than 5% interest on deposits, enough to double young Michael’s investment every 14 years.... [read more]

Banks Are Becoming Obsolete in China—Could the U.S. Be Next?

The U.S. credit card system siphons off excessive amounts of money from merchants. In a typical $100 credit card purchase, only $97.25 goes to the seller. The rest goes to banks and processors. But who can compete with Visa and MasterCard?... [read more]

A Public Bank for Los Angeles? City Council Puts It to the Voters

California legislators exploring the public bank option may be breaking not just from Wall Street but from the Federal Reserve.... [read more]

The Bayer-Monsanto Merger Is Bad News for the Planet

Bayer and Monsanto have a long history of collusion to poison the ecosystem for profit. The Trump administration should veto their merger not just to protect competitors but to ensure human and planetary survival.... [read more]

The Escalating War on Syria and Need for International Law

As I will show below, it is likely the deaths in Khan Sheikhoun were caused by an armed opposition faction, not the Syrian government. The goal was precisely what has happened: a media firestorm leading to direct U.S. aggression against Syria.... [read more]

“Ryancare” Dead on Arrival: Can We Please Now Try Single Payer?

The new American Health Care Act has been unveiled, and critics are calling it more flawed even than the Obamacare it was meant to replace... [read more]

Can Jill Carry Bernie’s Baton?

Bernie Sanders supporters are flocking to Jill Stein, the presumptive Green Party presidential candidate... [read more]

Mission Civilisatrice: Piketty et Houellebecq

We have so much to learn from the French. If only we could understand what they are saying half the time... [read more]

Menace on the Menu: Development and the Globalization of Servitude‏ (Part 1)

In his book ‘The World Economy: A Millennial Perspective’, economist Angus Maddison noted that India was the richest country in the world and had controlled a third of global wealth until the 17th century... [read more]

Push Polling 2008; Have the Rules Changed? Or Not?

Sven Eric Balabanoff examines the phenomenon of "push polling" within the wider context of US electoral politics.... [read more]

There Can Be Only One: Fuel Versus Food

Victor Petroff believes a drastic change in energy policy is required to combat both climate change and the world food crisis. ... [read more]