FDL Book Salon Welcomes Ellen Brown, The Public Bank Solution: From Austerity to Prosperity

By: Saturday September 14, 2013 1:59 pm

Here’s the core of her argument. Because banks create most of our money, they control the very essence of the economy. To regain control of our economic well-being we need public banks that make investments in the public goods, services and jobs that we all need. Public banks can do all that without running up the national debt or raising taxes. Public banks, like private banks, fund investments. But, as Ellen writes:

“The difference is that a publicly-owned bank returns the interest to the government and the community, while a privately-owned bank siphons it into private accounts, progressively drawing money out of the productive economy.”

 

FDL Book Salon Welcome Les Leopold, How to Make a Million Dollars an Hour: Why Hedge Funds Get Away With Siphoning Off America’s Wealth

By: Saturday March 2, 2013 1:59 pm

Leopold doesn’t technically explain exactly how to go into the business of making a million dollars an hour, or even the $842,788 an hour average the top ten hedge fund managers made in 2010. The closest this book comes to financial self-help is Leopold’s fascinating chapter on Jim Cramer, wherein the hedge fund manager and CNBC personality repeatedly hammers home the importance of breaking the law. But for all the wage-earning suckers who hadn’t figured out that critical “bottom line” of success in 21st century America yet, that’s a pretty good place to start.

FDL Book Salon Welcomes Philip Dray, There Is Power In A Union: The Epic Story of Labor In America

By: Saturday September 18, 2010 1:59 pm

When Philip Dray came by to discuss his book project on the entire sweep of American labor history, I thought he was out of his mind. I knew that he was an accomplished author who had written an award winning-book on lynchings (“At the Hands of Persons Unknown: The Lynching of Black America”).

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