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It’s Our Money with Ellen Brown - Alexander Hamilton and a New American Infrastructure Bank
Manage episode 351709672 series 2361744
America’s deteriorating infrastructure challenges government officials to come up with financing for a numerous critical needs that may well cost over $5 trillion dollars, according to experts. While costly public-private partnerships have been touted as a way forward, they can’t really scale to anywhere near that size. Founding father Alexander Hamilton would appear to have the answer – the American System of self-financing which established America in its earliest years and in its most difficult years of growth and challenge. Ellen, Prof. Robert Hockett and members of a coalition backing Congressional bill HR3339, examine why Hamilton’s genius financing idea is a perfect model for a proposed National Infrastructure Bank – capable of fixing all of America’s needs without raising the national debt or taxes!
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Manage episode 351709672 series 2361744
America’s deteriorating infrastructure challenges government officials to come up with financing for a numerous critical needs that may well cost over $5 trillion dollars, according to experts. While costly public-private partnerships have been touted as a way forward, they can’t really scale to anywhere near that size. Founding father Alexander Hamilton would appear to have the answer – the American System of self-financing which established America in its earliest years and in its most difficult years of growth and challenge. Ellen, Prof. Robert Hockett and members of a coalition backing Congressional bill HR3339, examine why Hamilton’s genius financing idea is a perfect model for a proposed National Infrastructure Bank – capable of fixing all of America’s needs without raising the national debt or taxes!
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