Please join Public Banking Institute Founder Ellen Brown and former IMF Senior Economist Alphecca Muttardy for a Presidents’ Day Zoom Event of the Coalition for a National Infrastructure Bank. Coming amidst the escalating disintegration of U.S. bridges, water systems, and power grid, this event will highlight the historic role of national banking which built our infrastructure and industry over the past two and a half centuries. 

    Under President George Washington, Treasury Secretary Alexander Hamilton created the Bank of the United States, which spawned the original “internal improvements” and manufacturing of the young nation. The same policy was replicated by the Second Bank of the United States. After the treacherous President Andrew Jackson shut down the Second Bank, setting off rampant financial speculation, crises, and industrial collapse (sound familiar?). National Banking was revived under Lincoln and propelled the United States into the forefront of infrastructure and industrial development world-wide. Telegraphs, Transcontinental Railroads, and modern bridge building all flourished. 

    This policy was revived under President Franklin Roosevelt in the New Deal and WWII mobilization, and then junked over the past seventy years. The results are everywhere: The bridge collapse in Pittsburgh sent shockwaves into every government body in the country. On February 12, Lincoln’s birthday, the Roosevelt Bridge carrying U.S. Interstate 66 into Washington DC, was abruptly shut down by inspectors fearing a repeat of the Pittsburgh fiasco. In Philadelphia, an ancient water main burst, flooding a section of the city with waste water. The list goes on. 

    Against this frightening backdrop, the campaign to pass legislation in Congress creating a $5 trillion National Infrastructure Bank has been making great strides. Resolutions of support for the congressional legislation have been introduced into twenty-four state legislatures and dozens of city and county councils. Most recently the Delaware Senate and St. Louis County Council passed endorsements. 

    Please join the February 17 event. Learn how you can help save our once-great nation come alive again. 

    Click here to register.

Speakers:

Alphecca Muttardy, professional macroeconomist, former Senior Economist, International Monetary Fund

Ellen Brown, Founder and Chairman Public Banking Institute

Rep. Michael  Person, Missouri House of Representatives, St. Louis

Jack Hanna, former Treasurer and Interim Chairman, Pennsylvania Democratic Party

Erika Strassburger, Pittsburgh City Councilwoman

Dennis Montoya, Immediate Past State Director, New Mexico LULAC

Linda Tosti-Lane, Co-Legislative Coordinator for Seattle NOW

Moderator: Robert Lynn, Organizer and Political Director, United Association of Plumbers and Steamfitters Local 50, Toledo Oh (retired)