Collateral Damage: QE3 and the Shadow Banking System

Jay Owen Reforming Global Finance

  by Ellen Brown Rather than expanding the money supply, quantitative easing (QE) has actually caused it to shrink by sucking up the collateral needed by the shadow banking system to create credit. The “failure” of QE has prompted the Bank for International Settlements to urge the Fed to shirk …

Publisher’s Column: Taibbi Vanquishes Vampire Squid

Jay Owen Reforming Global Finance, Community Development Solutions

  Publisher’s Column:  Taibbi Vanquishes Vampire Squid  This and other highlights of the Public Banking 2013 Conference now available for free viewing on the Public Banking Institute’s website here. As one of the many people producing the Public Banking 2013 Conference, Conversation and TPP Forum, it was satisfying beyond measure to …

Last Chance to Register For LendIt 2013

Jay Owen Crowdfunding

LAST CHANCE TO REGISTER FOR LENDIT 2013! Learn from recognized industry leaders how P2P & online lending are transforming global banking! The Inaugural LendIt Conference is the must-attend event for all fund managers, asset allocators, family offices, venture capitalists and individual investors seeking to capitalize on the rapid transformation of the credit markets. …

Sen. Warren’s big move taking on Big Banks

Jay Owen Reforming Global Finance

In less than two months, government student loan interest rates are set to double, and most politicians are turning a blind eye—except for Senator Elizabeth Warren.  Young people saddled with student loan debt have been hit hard enough by the recession. They’re struggling to find jobs and pay the rent—let alone stow …

Money for the People: Grillo’s Populist Plan for Italy

Jay Owen Community Development Solutions, SRI/ESG News, Advisors' Forum

Money for the People: Grillo’s Populist Plan for Italy   Ellen Brown http://WebofDebt.com/articles March 7, 2013   Default on the public debt, nationalization of the banks, and a citizen dividend could actually save the Italian economy.   Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 …

Fix income inequality with $10 million loans for everyone!

kristy Reforming Global Finance

Fix income inequality with $10 million loans for everyone! By Sheila Bair Published: April 13 Are you concerned about growing income inequality in America? Are you resentful of all that wealth concentrated in the 1 percent? I’ve got the perfect solution, a modest proposal that involves just a small adjustment …