by Anthony Colombo | Sep 2, 2016 | Economics, Monetary Policy, National, News, Print Media, Public Banking
It’s the day central bankers and top global financial figures have been waiting for. U.S. Federal Reserve Chairwoman Janet Yellen delivers long-awaited remarks to cap off the Jackson Hole Symposium. Outside the meetings, some demonstrators say full employment...
by Anthony Colombo | Aug 25, 2016 | Economics, National, News, Print Media, Public Bank, Public Banking
With nearly a dozen state initiatives legalizing recreational marijuana on the November ballot, the market for legalized marijuana is certain to expand. But, because marijuana continues to be classified as a Schedule 1 drug by the Drug Enforcement Agency (DEA),...
by Anthony Colombo | Aug 23, 2016 | Monetary Policy, National, News, Public Banking
Impoverished Americans face a myriad of problems unknown to the middle and upper class, the most significant of which are regressive costs. Officially, 14.8% of people in the United States live in poverty. Furthermore, 20% of Americans use alternative financial...
by Anthony Colombo | Aug 17, 2016 | National, News, Public Bank, Public Banking
PBI Chair Walt McRee has announced the creation of a bi-partisan Public Banking Caucus, a strategic campaign to link together the many local and state elected and appointed officials (and candidates) already supporting public banking. Mike Krauss, PBI founding...
by Anthony Colombo | Aug 12, 2016 | Local Economies, National, News, Public Bank, Public Banking
Dear Linn County supervisors, Let me commend you for your plan “to help the county’s waters, trails and wildlife habitats.” Forty million dollars, plus the cost of an election and the fees and interest associated with the bonds, is a lot of money. You could avoid...
by Anthony Colombo | Aug 10, 2016 | Local Economies, Monetary Policy, National, News, Print Media, Public Bank, Public Banking
So far, neither Donald Trump nor Hillary Clinton has offered a credible plan to restart the long-stalled U.S. economy. Trump favors lowering taxes to spur demand, a reduction in the supply of illegal foreign labor to boost wages, and modifying trade policy to...