Listen to my 12 minute interview on Loud & Clear Radio yesterday on the recent US Senate passed legislation to accelerate the deregulation of two dozen very large banks (incorrectly called ‘community’ banks by the mainstream media). While Congress rushes to deregulate the banks, US debt has risen from $50 trillion in 2007 before the last crisis to more than $70 trillion today? Debt-driven financial bubbles are growing, in stocks and other financial securities, and the US economy grows more financially fragile below the surface of apparent economic growth.
To listen to my analysis of the Senate legislation (and pending even more severe House proposals), and my recommendation of a national public banking system with the Federal Reserve restructured as a national public bank and public investment corporation, GO TO:
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