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It’s Our Money with Ellen Brown – You’ve Been Strip Mined! – 04.13.16


By Ellen Brown of Web of Debt
Tuesday, April 26, 2016 1:50 PM EDT

Ellen Brown is an attorney, president of the Public Banking Institute, and author of twelve books including the best-selling Web of Debt. In The Public Bank Solution, her latest book, she … more


 

C e que j’explique à longueur de colonne , mais d’une autre façon: le capital financier dépouille le capital productif.

You’ve Been Strip Mined! That’s how Ellen’s guest Les Leopold describes what has happened to the constructive role of capital, such as investment in research and development, expansion and improvement of services and industries.

He calls it “economic strip-mining” in which capital speculators like hedge funds strip the equity of companies, countries and consumers to feed their insatiable desire for short term profits – outcomes be damned. 

We also introduce the new national project and campaign called “What Wall Street Costs America” – the start of a national conversation revealing the massive extraction of public dollars by Wall Street interests. 

And Matt Stannard reviews presidential politics and bank reform on the Public Banking Report.

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