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

There’s no way policymakers can adequately address inequality in the United States overall without recognizing the effects of the racial wealth gap.

There seems to be a method to the madness of winner-take-all capitalism.

Last year, the top 25 hedge fund managers took home, on average, almost $1 billion each – and even run-of-the-mill portfolio managers at large hedge funds averaged $2.2 million each.

New Scottish media platforms are thriving as the region's eclectic, creative, evolving, non-corporate and critical news landscape looks to grow even further into a media challenging the status qu

Jeff Clements, money in politics, Powell Memo, Corporations Are Not People, Citizens United, Free Speech for People

After Citizens United, says Jeff Clements, “I felt that I couldn't just leave it at that, that democracy is really on the line, that the country is on the line – I don't think it's an exaggeration to say that humanity is on the line.”

There’s never been a better time to organize a general strike in the U.S. than right now, with both corporate owners and political leaders pillaging public resources for their own private gain.

Posted 2 days 20 hours ago

Now rolling into to its fourth month, the video game consumer movement known as #GamerGate continues to evolve in scope and focus as it seeks to advocate for greater ethical standards in gaming journalism.

Posted 3 days 16 hours ago

The provision was literally written by Citigroup executives.

Posted 2 days 20 hours ago

Tens of thousands of protesters streamed out of New York City's Washington Square Park on Saturday to protest the killings of unarmed black people by police officers, as part of the "Millions March

Posted 4 days 19 hours ago

Due to welfare cutbacks, rising food prices and unlivable wages, a growing number of people in Britain are having to resort to food banks as a means of staving off hunger.

Posted 3 days 17 hours ago

Struggling homeowners are in desperate need of some new rules for the mortgage modification “Three Card Monty” shuffle.

fracking ban, New York fracking ban, Andrew Cuomo, fracking moratorium, groundwater contamination, hydraulic fracturing, Joseph Martens, Howard Zucker

Gov. Andrew Cuomo and his cabinet agreed Wednesday to prohibit the widely used gas-drilling technique in the state, citing health issues and dubious economic benefits.

Black Bloc, Automen, Hands Up Don't Shoot, Michael Brown, Ferguson protests, Anti-Racist Action, Francis Dupuis-Déri, affinity groups, property destruction, diversity of tactics, Eric Garner, anti-police brutality protests

To begin to discuss black blocs, there must first be an understanding of what a black bloc is.

Cube embargo, Cuban 5, Guantanamo prison, Platt Amendment, Fidel Castro, Cuban missile crisis

For most of the half-century since the U.S. broke off diplomatic relations, Washington fought a war of economic attrition that affected millions.

Warren's rousing speech, condemning both Congress and one of the prime banks that has corrupted it, came late Friday night as legislators struggled to pass legislation to prevent a government shutdown.

Sign Up