Posts from 2014

2 Items

Public Banking: Creating Jobs, Building Communities, and Reclaiming the Commons

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Justice Rising Spring 2014 The Spring 2014 issue of Justice Rising, published by the Alliance for Democracy, features a variety of articles exploring several aspects and models of public banking in the U.S. and beyond: Public Banks: Creating Public Money for the Public Good (Ruth Caplan) How do banks create money? In Solidarity with the People […]

Enough Is Enough: Fraud-Ridden Banks Are Not LA’s Only Option

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Screen shot 2014-02-02 at 8.12.40 PM

by Ellen Brown, Web of Debt Blog “Epic in scale, unprecedented in world history.” That is how William K. Black, professor of law and economics and former bank fraud investigator, describes the frauds in which JPMorgan Chase (JPM) has now been implicated. They involve more than a dozen felonies, including bid-rigging on municipal bond debt; […]