The ECB’s Noose Around Greece: How Central Banks Harness Governments

Jay OwenReforming Global Finance

The ECB’s Noose Around Greece: How Central Banks Harness Governments by Ellen Brown Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? (See January …

Public Banking Institute: New Web Site Launched / Symposium Tomorrow

Jay OwenReforming Global Finance, Community Development Solutions

Hi  – Check out our new web site – just in time for the Santa Fe symposium Saturday! Check Out Our New Website! After months of work, the new Public Banking Institute web site is finally LIVE. Click here to see it.  We have moved it to the Nationbuilder platform …

You Can’t Taper a Ponzi Scheme: Time to Reboot

Jay OwenReforming Global Finance

One thing to be said for the women now heading the Federal Reserve and the IMF: compared to some of their predecessors, they are refreshingly honest. The Wall Street Journal reported on July 2nd: Two of the world’s most powerful women of finance sat down for a lengthy discussion Wednesday on the …

Developing Nations Seek U.N. Retaliation on Bank Cancellations

Jay OwenReforming Global Finance

Developing Nations Seek U.N. Retaliation on Bank Cancellations   By Thalif Deen   UNITED NATIONS, Apr  2014 (IPS) – The 132-member Group of 77, the largest single coalition of developing nations, has urged Secretary-General Ban Ki-moon to provide, “as soon as possible…alternative options for banking services” in New York City …

Bank of England talks about money creation for the first time

Jay OwenReforming Global Finance, SRI/ESG News

We have some seriously big news to announce!  1) Huge milestone in our campaign When we launched the Positive Money campaign 3 and half years ago and started talking about the fact that banks create money, we were faced with disbelief and shock. A common response was: ‘I don’t believe you. I …

Could 3 simple changes to banking fix the economy?

Jay OwenReforming Global Finance

Could 3 simple changes to banking fix the economy?   Dear hazel, If someone told you that a mountain of personal debt could be cleared via 3 simple changes to the way that money and banking works, would you like to know how? Would you like to see a more stable economy, with more …

Call for governments to inquire if money and the financial system is fit for purpose?

Jay OwenReforming Global Finance

The crisis of legitimacy of the political and financial systems In my view Government is not “fit for the purpose” of facilitating a transition to “Democratic Money with Environmental Values [to] Reduce Market Failures”. I suspect the reason why “the Australian Government has led the way by setting upa Financial System Inquiry” …

Positive Money Supporter CONFERENCE in London on Saturday 1st March 2014

Jay OwenReforming Global Finance

  Save the Date: Next Positive Money Supporter Conference on Saturday 1st March 2014     We are continuing to build the Positive Money Community, and next March over 200 Positive Money members will gather together for a day of making new friends, sharing experiences and challenges, and learning about where …

Homeland Security set for next Wall St collapse

Jay OwenTV Series

By Ellen Brown Reports are that the Department of Homeland Security (DHS) is engaged in a massive, covert military buildup. An article in the Associated Press in February confirmed an open purchase order by DHS for 1.6 billion rounds of ammunition. According to an op-ed in Forbes, that’s enough to sustain an Iraq-sized war …

Is Homeland Security Preparing for the Next Wall Street Collapse?

Jay OwenSRI/ESG News

  Ellen Brown http://EllenBrown.com October 7, 2013   Reports are that the Department of Homeland Security (DHS) is engaged in a massive, covert military buildup. An article in the Associated Press in February confirmed an open purchase order by DHS for 1.6 billion rounds of ammunition. According to an op-ed …