Alternative Visions - Ellen Brown on ‘Bail Ins’ and New Book, The Public Banking Solution - 05/22/13

Dr. Jack Rasmus interviews Ellen Brown on her soon to be released new book, ‘The Public Banking Solution’, and both analyze the emerging Bankers’ solution to the next global bank crisis—the ‘bail ins’ policy (i.e. make small depositors pay for future bailouts) planned by bankers and governments in the Eurozone, U.S., and U.K.  Ellen discusses the memo by the US FDIC and UK Bank of England last December indicating plans to convert depositors savings accounts to worthless bank stock in the event of another banking crisis. Elizabeth Warren’s proposal to limit student loans to 0.75%, instead of current 6.8%, are also discussed.

Ellen Brown is a noted authority on Public Banking and author of many books and articles on the topic,  as well as President of the Public Banking Institute. Visit her works on her website, webofdebt.org and on the Institute’s website, publicbankinginstitute.org and the upcoming conference on June 2-4 in California on public banking.