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 …

Even the Council on Foreign Relations Is Saying It: Time to Rain Money on Main Street

Jay OwenReforming Global Finance

Posted on September 1, 2014 by Ellen Brown You can always count on Americans to do the right thing, after they’ve tried everything else.                      —Winston Churchill When an article appears in Foreign Affairs, the mouthpiece of the policy-setting Council on Foreign Relations, recommending …

Colonization by Bankruptcy: The High-stakes Chess Match for Argentina

Jay OwenReforming Global Finance

Ethical Markets  agrees with Ellen Brown that Argentina is right  to  resist the US court decision which tried to  force an involuntary default , by transferring the trustee for payment  from Bank  of New York Mellon to  Argentina’s own central bank.  The idea of an  international bankruptcy court , under …

Santa Fe Seeks Feasibility Study Consultants

Jay OwenReforming Global Finance, Community Development Solutions

Hi  – Join us for the monthly coalition call every second Friday at noon! Click here to sign up. Santa Fe Seeks Feasibility Study Consultants Late last week, the City of Santa Fe issued a Request for Qualifications (RFQ) for consultants who are interested in assisting the city with an feasibility study …

Buying Up the Planet: Out-of-control Central Banks on a Corporate Buying Spree

Jay OwenReforming Global Finance, SRI/ESG News

Buying Up the Planet: Out-of-control Central Banks on a Corporate Buying Spree Posted on June 20, 2014 by Ellen Brown Finance is the new form of warfare – without the expense of a military overhead and an occupation against unwilling hosts. It is a competition in credit creation to buy foreign resources, real …

Banking Union Time Bomb: Eurocrats Authorize Bailouts AND Bail-Ins

Jay OwenReforming Global Finance

Banking Union Time Bomb: Eurocrats Authorize Bailouts AND Bail-Ins   Ellen Brown http://EllenBrown.com March 29, 2014     “As things stand, the banks are the permanent government of the country, whichever party is in power.”   – Lord Skidelsky, House of Lords, UK Parliament, 31 March 2011)     On …

Enough Is Enough: Fraud-ridden Banks Are Not L.A.’s Only Option

Jay OwenReforming Global Finance, Community Development Solutions

Enough Is Enough: Fraud-ridden Banks Are Not L.A.’s Only Option Posted on January 29, 2014 by Ellen Brown “Epic in scale, unprecedented in world history.” That is how William K. Black, professor of law and economics and former bank fraud investigator, describes the frauds in which JPMorgan Chase (JPM) has now been implicated. They involve more …

From Austerity to Abundance: Why I Am Running for California Treasurer

Jay OwenReforming Global Finance, Community Development Solutions

From Austerity to Abundance: Why I Am Running for California Treasurer Posted on January 15, 2014 by Ellen Brown Governor Jerry Brown and his staff are exchanging high-fives over balancing California’s budget, but the people on whose backs it was balanced are not rejoicing. The state’s high-wire act has been called “the ultimate …

Public Banking in Costa Rica: A Remarkable Little-known Model

Jay OwenCommunity Development Solutions, SRI/ESG News

Public Banking in Costa Rica: A Remarkable Little-known Model Posted on November 11, 2013 by Ellen Brown In Costa Rica, publicly-owned banks have been available for so long and work so well that people take for granted that any country that knows how to run an economy has a public banking option. Costa …