Ellen Brown: University of California accountants estimate that the 10-campus system will lose as much as $136 million over the next 34 years if it remains locked into the deals, losses that would be reduced only if interest rates started to rise.
Ellen Brown: Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it.
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.
Treva Brandon Scharf: Everyone should exercise their right to bare arms – just not in the state of Georgia though, where every Second Amendment nut job feels the need to show off their guns everywhere they go.
Elizabeth Nussbaumer: Offsets and the added profit from repurposed pollution perpetuate and further engrain the trend of polluting with impunity by using energy sources that only take us backwards in our need to address growing pollution debts.