Ellen Brown - Latest News [Page 1]

Saving the Post Office: The Models of Kiwibank & Japan Post

Friday, 13 January 2012, 11:41 am | Ellen Brown

Neither rain nor sleet nor snow may have stopped the Pony Express, but the nation's oldest and second-largest employer is now under attack. Claiming the United States Postal Service (USPS) is bankrupt, critics are pushing legislation that would defuse ... More >>

Financial Warfare: How Short Sellers Fleece Investors

Monday, 3 October 2011, 2:08 pm | Ellen Brown

Why did gold and silver stocks just get hammered, at a time when commodities are considered a safe haven against widespread global uncertainty? The answer, according to Bill Murphy’s newsletter LeMetropoleCafe.com, is that the sector has been the ... More >>

The S&P Downgrade & the Bilderbergers: All Part of the Plan?

Monday, 22 August 2011, 4:55 pm | Ellen Brown

What just happened in the stock market? Last week, the Dow Jones Industrial Average rose or fell by at least 400 points for four straight days, a stock market first. The worst drop was on Monday, 8-8-11, when the Dow plunged 624 points. Monday was ... More >>

The Market Has Spoken: Austerity Is Bad for Business

Thursday, 11 August 2011, 3:44 pm | Ellen Brown

It used to be that when the Fed chairman spoke, the market listened; but the chairman has lost his mystique. Now when the market speaks, politicians listen. Hopefully, they heard what the market just said: government cutbacks are bad for business. The ... More >>

What's Really Behind Quantitative Easing QE2?

Monday, 22 November 2010, 4:10 pm | Ellen Brown

The deficit hawks are circling, hovering over QE2, calling it just another inflationary bank bailout. But unlike QE1, QE2 is not about saving the banks. It’s about funding the federal deficit without increasing the interest tab, something that may be necessary ... More >>

QE2: It's the Federal Debt, Stupid!

Monday, 15 November 2010, 12:27 pm | Ellen Brown

Unlike QE1, QE2 is not about saving the banks. It's about saving the country from Greek-like austerity measures necessitated by a burgeoning federal debt. The debt is never paid, but is just rolled over from year to year; but the interest is paid, ... More >>

"ForeclosureGate" and Obama’s “Pocket Veto”

Thursday, 14 October 2010, 3:22 pm | Ellen Brown

Amid a snowballing foreclosure fraud crisis , President Obama today blocked legislation that critics say could have made it more difficult for homeowners to challenge foreclosure proceedings against them. More >>

The Campaign for State-owned Banks

Tuesday, 23 February 2010, 1:58 pm | Ellen Brown

While bank bailouts fatten Wall Street, states continue to battle the credit crisis. In the search for innovative solutions, some political candidates are proposing that states generate their own credit by setting up their own banks. More >>

The Secrets of China's Economy

Wednesday, 19 August 2009, 11:17 am | Ellen Brown

The Secrets of China's Economy: The Government Owns the Banks rather than the Reverse by Ellen Brown , Global Research More >>

How California Could Turn its IOUs into Dollars

Tuesday, 28 July 2009, 9:43 am | Ellen Brown

California has over $17 billion on deposit in banks that have refused to honor its IOUs, forcing legislators to accept crippling budget cuts. These austerity measures are unnecessary. If the state were to deposit its money in its own state-owned bank, ... More >>