Episodes
Thursday May 21, 2020
It’s Our Money with Ellen Brown - Covid Coverups
Thursday May 21, 2020
Thursday May 21, 2020
Covid Coverups
The axiom “never waste a good crisis” has been a reliable tool for Wall Street interests over decades. Under cover of various national economic phenomena, Wall Street interests via the Federal Reserve have managed to direct trillions of dollars into their own accounts. Ellen describes how the new Fed funding channels intended to relieve the financial stress of citizens are being used to save the investor class under the guise of helping Main Street America. We get a front-line report of how that isn’t working at the street level from Carlos Marroquin, who has been serving the immediate needs of people in Los Angeles left out of the Fed-funding circle. And we talk with Ameya Pawar, a former Chicago elected official who is now helping lead the Economic Security Project on how this crisis can lead to new economic systems that bring forward a new era of sufficiency and well-being – and how public banks can help make that difference.
Thursday Apr 30, 2020
Thursday Apr 30, 2020
Time to Think Hard About Local Community Investment
Amid the devastating economic impacts of Corvid-19, Ellen discusses her observations of an evident “War on the States” in which states find themselves fighting for parity in Fed funding for virus recovery. With this forced-refocusing on local financial resources, individuals and communities must reconsider where they’ve been investing their money. Global financial markets have dominated and distorted our systems of economic investment and have done very little for the important concerns of community vitality and public interest, namely local businesses. But security laws have begun to slowly open new opportunities for local investments and our guest, noted author, economist and leading protagonist of crowd-funding Michael Shuman, argues that local investment is key to generating lasting health in local economies, and public banking plays an important role in bringing it forward.