Listen

Search form

IT’S OUR MONEY WITH ELLEN BROWN – WHERE THEY HID OUR CIVIC TREASURE AND HOW WE CAN GET OUR HANDS ON IT

IT’S OUR MONEY WITH ELLEN BROWN – WHERE THEY HID OUR CIVIC TREASURE AND HOW WE CAN GET OUR HANDS ON IT
Fri, 6/6/2014 - by Ellen Brown
This article originally appeared on prn.fm

One of the best kept deceptions within common civic parlance is that our cities, states and communities are “broke” – a meme perpetuated by a lack of public knowledge about what governments do with their money and a highly profitable investment industry that uses those funds for substantial private profits that suck outrageous sums out of our common wealth.

This week It’s Our Money with Ellen Brown provides a look into where our “buried” civic treasure can be found and how we can use it to create substantial public benefit. Ellen shows how private financing of civic projects has created repeated windfalls for banks and investors, and she later talks with Professor Tom Greco about how communities can create credit-based economies to get free of the all-encompassing web of civic debt.

On the Public Banking Report, co-host Walt McRee discusses the location and contents of every community’s “treasure chest” with Scott Baker, an expert at evaluating how to determine how much is in it and how it can be used to dramatically change local economic prospects.

Ellen Brown is an attorney, founder of the Public Banking Institute, and a candidate for California State Treasurer running on a state bank platform. 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.

Originally published by prn.fm

Add new comment

Sign Up

Article Tabs

climate change denial, Carbon Washington, American Legislative Exchange Council, carbon tax, solar subsidies, solar tax breaks, fracking bans

These ballot measures are noteworthy because they don’t just regulate emissions or mandate transitions – they help the economically insecure, create incentives for individual change, and reassert local authority over corporate polluters.

Black Lives Matter, Movement for Black Lives, Black Panthers, Black Panther Party, Organization for Black Struggle, food pantries, community service, Michael Brown, Ferguson protests, Black Power Movement, OurStory, Black Youth Project 100, racial justice

Nearly two years after people took to the streets in Ferguson to protest the killing of Michael Brown, the nationwide movement has broadened its focus to community empowerment in ways reminiscent of the Black Panthers of the 60s.

water privatization, Nestlé, water grabs, Community Water Justice, water conflict, Fryeburg, Maine, Peter Gleick, water bottling, Cascade Locks

The Swiss corporation Nestlé has a penchant for gobbling up huge areas of freshwater across the planet and bottling it for profit – even as judges, courts, cities and entire regions try to stand in their way.

Take On Wall Street, break up the banks, too big to fail, financial transactions tax, 21st century Glass-Steagall, carried interest tax loophole, Dodd-Frank Act,

In launching a new coalition to reign in the power of the big banks, Warren warned said taxpayers still may have to bail them out: “Dodd-Frank imposed some discipline, but let’s get real. Dodd-Frank did not end too big to fail.”

Some of the biggest issues facing our country are forgotten once the cameras switch off, but our ADD news cycle only makes us more vulnerable to repeat disasters like the Flint water crisis.

Some of the biggest issues facing our country are forgotten once the cameras switch off, but our ADD news cycle only makes us more vulnerable to repeat disasters like the Flint water crisis.

Posted 4 days 21 hours ago
water privatization, Nestlé, water grabs, Community Water Justice, water conflict, Fryeburg, Maine, Peter Gleick, water bottling, Cascade Locks

The Swiss corporation Nestlé has a penchant for gobbling up huge areas of freshwater across the planet and bottling it for profit – even as judges, courts, cities and entire regions try to stand in their way.

Posted 3 days 16 hours ago
climate change denial, Carbon Washington, American Legislative Exchange Council, carbon tax, solar subsidies, solar tax breaks, fracking bans

These ballot measures are noteworthy because they don’t just regulate emissions or mandate transitions – they help the economically insecure, create incentives for individual change, and reassert local authority over corporate polluters.

Posted 2 days 20 hours ago
wealth inequality, income inequality, wealth gap, growing poverty, growing disparity

After 35 years of wealth distribution to the super-rich, inequality has forced much of the middle class towards the bottom, to near-poverty levels, and to a state of helplessness in which they find themselves being blamed for their own misfortunes.

Posted 4 days 22 hours ago
Austrian elections, Alexander Van der Bellen, Austrian Green Party, far-right governments, Norbert Hofer, Freedom Party, anti-immigrant sentiment, xenophobia, migrant crisis

Alexander Van der Bellen, an independent candidate backed by the Austrian Green Party, fought neck and neck with far-right Freedom Party candidate Norbert Hofer and scratched out a narrow victory in the historic election.

Posted 4 days 22 hours ago
wealth inequality, income inequality, wealth gap, growing poverty, growing disparity

After 35 years of wealth distribution to the super-rich, inequality has forced much of the middle class towards the bottom, to near-poverty levels, and to a state of helplessness in which they find themselves being blamed for their own misfortunes.

Take On Wall Street, break up the banks, too big to fail, financial transactions tax, 21st century Glass-Steagall, carried interest tax loophole, Dodd-Frank Act,

In launching a new coalition to reign in the power of the big banks, Warren warned said taxpayers still may have to bail them out: “Dodd-Frank imposed some discipline, but let’s get real. Dodd-Frank did not end too big to fail.”

climate change, climate denial, Portland Public Schools

In a move spearheaded by environmentalists, the Portland Public Schools board unanimously approved a resolution aimed at eliminating doubt of climate change and its causes in schools.

single-payer healthcare, Obamacare, Affodable Care Act, public option, health insurance industry, health insurance companies

There's a not-insignificant amount of evidence that when you strip out the names of parties and candidates, support for government-run insurance cuts across partisan lines – and most Americans want a single-payer healthcare system.

water privatization, Nestlé, water grabs, Community Water Justice, water conflict, Fryeburg, Maine, Peter Gleick, water bottling, Cascade Locks

The Swiss corporation Nestlé has a penchant for gobbling up huge areas of freshwater across the planet and bottling it for profit – even as judges, courts, cities and entire regions try to stand in their way.