Author: Ellen Brown

In 2022, the state of California celebrated a record budget surplus of $97.5 billion. Two years later, according to the Legislative Analyst’s Office, this surplus has…

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The Baltimore bridge that collapsed on March 26 was named for Francis Scott Key, who wrote the lyrics to the American national anthem “The Star-Spangled Banner”…

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In 2017, Phil Murphy, a former Goldman Sachs executive, made the establishment of a public, state-owned bank a centerpiece issue during his run for New Jersey governor….

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This is a sequel to a post from January 25 titled “Is it time for another Lehman Brothers moment?“, discussing the threat of a 2024…

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Reading the tea leaves for the 2024 economy is challenging. On January 5, Treasury Secretary Janet Yellen said we have achieved a “soft landing,” with wages…

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Three US presidents were instrumental in establishing Thanksgiving as a regular national event. On October 3 1789, George Washington declared the first federal Thanksgiving holiday. In…

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“You’ll own nothing and be happy’? David Webb has gone through the 50-year history of all the legal constructs that have been put in place…

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US banks are again in the crosshairs. Standard and Poor’s has downgraded five new middle-tier banks and put three others on negative outlook. This follows sweeping downgrades earlier in…

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When the FDIC put Silicon Valley Bank (SVB) and Signature Bank into receivership in March, a study reported on the Social Science Research Network found that…

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“Rather than collecting taxes from the wealthy,” wrote the New York Times editorial board in a July 7 opinion piece, “the government is paying the…

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The debt ceiling crisis has again brought into focus the perennial gap between what the government spends and what it accumulates in taxes, and the…

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Short sellers have made a killing in the recent banking crisis, scalping $14.3 billion from bank stock owners just in March of this year. Short sellers…

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