Ellen Brown: Meet BlackRock, the New Great Vampire Squid

Meet BlackRock, the New Great Vampire Squid If the corporate oligarchs are too big and strategically important to be broken up under the antitrust laws, rather than bailing them out they should be nationalized and put directly into the service of the public. At the very least, BlackRock should be regulated as a too-big-to-fail Systemically …

Ellen Brown: Crushing the States, Saving the Banks — Is Donald Trump’s Federal Reserve Still Serving the Deep State?

Crushing the States, Saving the Banks: the Fed’s Generous New Rules CounterPunch, 4 May 2020 Congress seems to be at war with the states. Only $150 billion of its nearly $3 trillion coronavirus relief package – a mere 5% – has been allocated to the 50 states; and they are not allowed to use it …

Ellen Brown: Mexico Defeating Neoliberalism with Public Bank

Mexico Is Showing the World How to Defeat Neoliberalism AMLO has been a trailblazer in showing how a national public banking system can be initiated quickly and efficiently. The key, it seems, is just to have the political will — along with massive support from the public, the legislature, local business leaders and the military.

Ellen Brown: Sustain the Economy by Forgiving the Debts

The Key to a Sustainable Economy Is 5,000 Years Old Sumerian kings solved the problem of “peak debt” by periodically declaring “clean slates,” in which agrarian debts were forgiven and debtors were released from servitude to work as tenants on their own plots of land. Read full article.

Ellen Brown: What Donald Trump Does Not Know — Why the Chinese Model is Better and Currency Wars Have No Winners

Neoliberalism Has Met Its Match in China We cannot win a currency war through the use of competitive currency devaluations that trigger a “race to the bottom,” and we cannot win a trade war by installing competitive trade barriers that simply cut us off from the benefits of cooperative trade. More favorable to our interests …