Public Banking In 2015: Superior To Wall Street ‘Casinos.’

Posted on January 2, 2015

by Jerry Alatalo

FedAlphabet After the United States House of Representatives and Senate allowed Citigroup-written provisions in the Cromnibus national spending bill to pass into law, Senator Elizabeth Warren “enjoyed” nationwide fame for her forceful opposition to the language which repealed Dodd-Frank rules on derivatives specifically created to protect American taxpayers.

Besides asking how and why America’s elected representatives would agree to a measure in direct opposition to the overwhelming majority of citizens’ demand of never again bailing out too-big-to-fail banks, another question which comes up is “what other private sector companies have secured ‘help’ from taxpayers when their businesses fail?” Perhaps men or women reading this run their own businesses. Even without the ability to take gigantic derivatives risks – or engage in massive financial frauds, certainly people who “play by the rules” when managing their companies have no taxpayer bailouts lined up for them when any combination of conditions greatly harms their firms.

And with the five largest banks holding $280 trillion in derivatives (bets), the “Citigroup Provision” could lead to world record-type “helping” from Americans to Wall Street gamblers. There could be no clearer example of how the United States financial system – along with those of nations in the G20 group who’ve agreed to similar “bail-in” plans – is correctly perceived as “rigged”. Most Americans want to see the Supreme Court decision on Citizens United overturned through a constitutional amendment, surely a worthy cause if ever there were one – removing money out of politics and elections, never again allowing billionaires to literally “buy” lawmaking power in campaigns all across America.

If – when – Americans become successful in the 50 states to overturn Citizens United, besides a constitutional amendment taking money out of political campaigns another amendment could read “Taxpayer money shall not under any condition become appropriated and/or transferred to any privately owned corporation or entity”.  When the inevitable Constitutional Convention comes close to reality, the number of legitimate corrections which have become necessary over the decades will be found significant and the topics of a great many, long overdue debates.

Public banking expert Ellen Brown talks to James Corbett about new G20 rules, where Cyprus-style “bail-ins” could hit ordinary depositors and pensioners very hard. Ms. Brown has spent years talking to people around America and the world about the advantages of creating public banks like the state-owned Bank of North Dakota, the most obvious advantage with respect to “rigged” protection for Wall Street high rollers in the multi-trillion dollar derivatives market being providing a safe, gambling-less place for government, pension, and private depositor money.

Ellen Brown responds to those who think public banks are not feasible or possible to set up that any government institution from city, county to state could start a public bank in a couple of months time. The interest and movement toward public banking is growing and, according to Ms. Brown: “it’s only a matter of political will”. So, will Americans settle for privately owned bank corporations, whose charters demand profit maximization, to continue running all things financial in the 50 states?

Or will Americans in every state take strong actions which embrace self-determination and sovereignty, with the supreme goal of returning the power to control the nation’s monetary affairs to the people, in the form of a public central bank to replace the Federal Reserve created in 1913?


To get involved, please visit

(Thank you to GlobalResearchTV at YouTube)

Pssst! Ellen Brown Told A Big Secret.


Posted April 27, 2014

by Jerry Alatalo

“Gold and riches, the chief causes of war. We are corrupted by prosperity. There will be vices as long as there are men.”

– Cornelius Tacitus (55-117 A.D.) Roman historian

Founder and president of The Public Banking Institute Ellen Brown is one of the group of men and women on Earth whose chances of appearing on mainstream American television are very, very poor. That’s because she’s no darn good at keeping the biggest Wall Street secrets – you know, the secrets of the “Big Club” that comedian George Carlin talked about toward the end of his life that “we ain’t in.”

Ms. Brown has spilled a lot of beans in her years of researching and writing about monetary reform and public banking’s obvious advantages for citizens, however the size of the bean cans seem to become bigger and more ominous as time goes on. Her revelatory writings and talks about Wall Street financial corporations’ “products of mass profit-making deception” recently make Bernie Madoff’s Ponzi scheme fraud look like Little Johnny stealing a 1-cent Bazooka bubble gum from the low racks at the checkout counter.

For Ellen Brown is telling the world about world record-breaking financial fraud.

Apparently, those families who have made their business banking through the decades have done their homework when it comes to coming up with ingeniously deceptive ways to separate the people from their money, and those deceptive means are devised by the world’s highest paid accountants and attorneys. These are the same highest-priced accountants and attorneys who – after the money becomes transferred from the people to the major stockholders of financial corporations – engineer those ill-gotten profits to disappear in offshore tax havens, out of the line of sight of “pesky” government taxing bodies.

The thought came to mind that Ms. Brown’s next book after “The Public Banking Solution” would perhaps catch some more publicity if the title were “SCAM” or “BIG SCAM” or “Really, Really, Really – REALLY BIG SCAM”, sort of like the title of her friend Professor Bill Black’s book “The Best Way to Rob a Bank is to Own One.” What seems apparent is that financial engineers have created in interest rate swaps is a sure-fire, impossible to lose, rigged bet with public governmental bodies, universities, pension funds, etc., all 100% guaranteed to succeed for the banksters through pre-arranged manipulation of interest rates like Libor and – Ms. Brown’s strongest allegation of financial fraud to date – Federal Reserve top management’s “enabling” through the power they hold to set their interest rates.

Simply, the world’s sixteen largest mega-banks have colluded to rig the LIBOR interest rates to correspond with emerging on the winning side of interest rate swap contracts entered into with city, county, state financial sectors, pension funds, and any other customers small to very large who can become trapped into the scam, with built-in very expensive penalties and fees to renegotiate any contract, designed to result in multi-billions of dollars essentially going from customer pockets to bank owners’ pockets.

Wall Street bank owners face an unavoidable “tsunami of blowback”

Public banking, due to recent years’ economic downturn and widespread research into Wall Street/Federal Reserve/private central banking truths, has become a topic of discussion in more American households and workplaces, as well as the homes and offices of nations around the world. Ellen Brown’s most recent disclosures on fraudulent actions by the world’s largest banking corporations will only fuel more intensity into those discussions, leading to a long-overdue push-back from the many victims of those frauds.

Because most people on Earth have no issue with fair dealing and an honest handshake in business transactions, but become very, very upset when the man or woman who smiles while looking you directly in the eye after signing the deal has been identified as crooked. This – as they say –  “ain’t gonna fly.”

Most people share the habit of reading comments on the internet, where men and women help round out the issues covered in articles and interviews. They’re like book or movie reviews from people concerned enough about the content to express their either constructive criticism or agreement. Here are a few of the comments from viewers of Ellen Brown’s interview by Greg Hunter:

“Good interview. I do not understand interest rate swaps per se. But I can see that they are a fraud, a scam by the banks to take money from the people via colleges and hospitals. Very sad indeed. There are no morals within the bankers’ souls.”

“I think you have to be a criminal to be able to understand interest rate swaps or quantitative easing or derivatives…”

“Ellen has a great idea there, this will cause an avalanche of claims and bring to mainstream attention.”

“Greg, well done yet again. Ellen Brown is an incredibly well-informed lady.”

“The government won’t prosecute because they want a cut of the action. Bank fines are nothing more than a mafia-style shakedown. Pay the fine and we will look the other way. Shame, shame.”

“Wake up. Stand up. Speak up. None of this corruption would be taking place if we weren’t allowing it. I’ve said it before… sociopaths.”

“This Ellen Brown lady has balls!!! More than most men. Please listen to what she has to say!”

“So how does this, the greatest crime in the history of the human race, end? I can’t imagine these criminals are going to get out alive.”

“Those who run the Fed are the same individuals who have produced the most destruction and bloodshed around the world. They are directly responsible for initiating and funding many, many wars for hundreds of years. It’s as though they hold a special book of matches, which ignites the fire that becomes the war. They fully believe the people will be too busy killing one another to notice who is the true enemy. These criminals won’t only get out alive, they will have us protect them with our own lives.”

“Exactly, who goes after the moneychangers after they’ve indirectly created war and famine? It’s likely not just the Fed driving these forces, but the major stockholders in the international banks and military contractors. This likely includes the Vatican, royal families around the world, various sovereign funds, the Rockefellers, and probably a number of old-money families around the world we hardly hear of. These people could all put a stop to it all if they really wanted to, instead they are complicit.”

“I liked this one a lot. She was articulate and rational.”

“Great show Greg. Ellen Brown is about the best in grassroots analysis of bankster reality.”

“…and it’s all legal…”

“Thanks, Greg, great interview. Not sure the courts are going to help. Keep up the good work. People I know are starting to wake up and ask questions.”

“SIFMA – Securities Industry and Financial Markets Association. News I can use.”

“Could have put $100,000 in the hands of each American. Mortgages would have been paid and the banks would have ended up with the money anyway, but the economy would have been free of one hell of a lotta debt. Need to start thinking trickle up, not down.”

“I come to depend on your honest news this (these) days Greg, so thanks again. You don’t compromise on your integrity and you report on your censer (sincere) beliefs. Cheap (keep) up the excellent work Mr. Hunter, we ned (need) brave and honest people like you.”

“If the people who run those banks engage in activities that put the entire economy at risk, wouldn’t they be considered enemies of the state? Isn’t this a form of economic terrorism or sabotage?”

“Nice interview Greg. You nailed it. Rant on.”


(Thank you to Greg Hunter at YouTube)