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

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

Article Tabs

carbon emissions, mercury emissions, EPA, Clean Air Act

The Supreme Court invalidated a key Obama administration environmental regulation aimed at limiting emissions of mercury and other hazardous pollutants mainly from coal-fired power plants.

U.K. fracking, anti-fracking movement, Cuadrilla, shale gas drilling

It's a major blow to what would have been the U.K.’s biggest round of fracking so far.

A yes vote would mean depression almost without end – by contrast, a no vote would at least open the possibility that Greece, with its strong democratic tradition, might grasp its destiny in its own hands.

Fight for $15, $15 minimum wage, bank bailouts, corporate subsidies,

Municipal leaders should be commended for acknowledging the current wage is too low – but phasing in a higher wage over many years is unacceptable in an economy where costs of living are rising and wages are falling.

Greek debt crisis, Greek anti-austerity movement, Alexis Tsipras, Troika, Syriza party, Greek referendum, Euro crisis

Greeks will find their savings blocked and their banks closed for a week following a fateful weekend that has shaken Europe’s single currency.

Fight for $15, $15 minimum wage, bank bailouts, corporate subsidies,

Municipal leaders should be commended for acknowledging the current wage is too low – but phasing in a higher wage over many years is unacceptable in an economy where costs of living are rising and wages are falling.

Posted 21 hours 41 min ago
payday lending, predatory loans, predatory payday lenders, Consumer Financial Protection Bureau

America has 30,000 post offices – mostly in lower-income zip codes where bank branches are vanishing and payday lenders spread like toadstools after rain – making a public option for basic financial services a no-brainer.

Posted 5 days 13 hours ago
Move Your Money, Wells Fargo crimes, illegal foreclosure, subprime mortgage lending, predatory loans

The only way the big banks will feel something similar to the loss and harm they caused is if you Move Your Money from those institutions to second tier banks, community banks and credit unions – so join the campaign now.

Posted 4 days 20 hours ago
right-wing extremists, right-wing attacks, jihadists, New America Foundation, War on Terror, Charleston massacre

Right-wing attacks have killed almost twice as many Americans.

Posted 4 days 20 hours ago
Affordable Care Act, Obamacare, single-payer health care, uninsured Americans, right to healthcare

“What the United States should do is join every other major nation and recognize that healthcare is a right of citizenship,” said presidential candidate Bernie Sanders, who advocates a Medicare-for-all, single-payer system.

Posted 4 days 20 hours ago
payday lending, predatory loans, predatory payday lenders, Consumer Financial Protection Bureau

America has 30,000 post offices – mostly in lower-income zip codes where bank branches are vanishing and payday lenders spread like toadstools after rain – making a public option for basic financial services a no-brainer.

Move Your Money, Wells Fargo crimes, illegal foreclosure, subprime mortgage lending, predatory loans

The only way the big banks will feel something similar to the loss and harm they caused is if you Move Your Money from those institutions to second tier banks, community banks and credit unions – so join the campaign now.

Armenia protests, energy hikes

A standoff between police and demonstrators protesting a hike in electricity prices blocked the central avenue in Armenia's capital on Wednesday for a third straight day, with no visible progress toward resolving the unrest.

right-wing extremists, right-wing attacks, jihadists, New America Foundation, War on Terror, Charleston massacre

Right-wing attacks have killed almost twice as many Americans.

Affordable Care Act, Obamacare, single-payer health care, uninsured Americans, right to healthcare

“What the United States should do is join every other major nation and recognize that healthcare is a right of citizenship,” said presidential candidate Bernie Sanders, who advocates a Medicare-for-all, single-payer system.

Sign Up