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A $5 trillion National Infrastructure Bank Can Fix Everything, and Not Cost the Government a Nickel!

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Please join Dr. Alexander Metcalf, President, Transportation Economics and Management Company, High-Speed Rail Expert; Dr. Nomi Prins, Ph.D., author; former Managing Director, Goldman Sachs; Lou Spencer, Assistant Business Manager UA Local 5, Plumbers and Gasfitters; Stanley Forczek, former Director of Finance Amtrak’s Northeast Corridor; and New Jersey Assemblyman Don Guardian for an “Infrastructure Week” Special Webinar: “Imagine the Future: How the $5 Trillion National Infrastructure Bank Will Create a 21 st Century USA.”
 
The National Infrastructure Bank (NIB), as outlined in HR3339, will create a $5 Trillion public bank to finance all of the old and brand-new infrastructure projects that we so desperately need. 
 
Imagine high-speed trains crisscrossing the nation at 200 mph or more, connecting rural and urban America, new airports, and gleaming new mass transit systems. Imagine gigantic water projects to end the crisis of the drought-stricken Southwest and ensure our nation’s food supply. Add millions of new affordable housing units to halt the growing nightmare of housing insecurity gripping the nation. Complement this with whole new drinking and sewer systems to eliminate the toxic substances poisoning our citizens.  All of this and much more is at our fingertips. But without critical financing and public support, these projects will never get built. And, get this: the NIB requires no new federal taxes, spending, or debt! It is a self-sustaining bank with the capacity to finance everything.
 
While the Bipartisan Infrastructure Law (BIL) of 2021 was a welcome band-aid on the current decrepit condition of US infrastructure, it made clear that we are not able to adequately finance infrastructure through the federal budget. The BIL is way too small to fix most infrastructure and contains no financing at all for affordable housing or high-speed rail. 
 
Add to that, we are now staring into the teeth of a likely oncoming recession, stubborn inflation, and a crisis in our banking and financial system. Meanwhile, our infrastructure is crumbling to the ground. Nobody has a Plan B to halt the downturn or boost the economy. 
 
The only solution is to build our way out of our present situation and erect a shining new infrastructure system second to none. Nations around the world use large public banks to build their economies. We invented the idea! So what are we waiting for?  


Speakers:
Dr. Alexander Metcalf, Ph.D., President, Transportation Economics and Management Company (TEMS); High-Speed Rail Expert, Frederick, MD
Dr. Nomi Prins, Ph.D., author; former Managing Director, Goldman Sachs, Los Angeles, CA
Stanley Forczek, former Director of Finance Amtrak’s Northeast Corridor, Williamstown NJ 
James ”Lou” Spencer, Assistant Business Manager UA Local 5, Plumbers and Gasfitters, Caret, VA
Don Siefkes, MIT-trained Chemical Engineer, San Leandro, CA
Assemblyman Don Guardian, former Mayor, Atlantic City, NJ
Julie Olsen, MBA; Chair Alaska Democratic Party Progressive Caucus, Anchorage AK 
Greg Seeley, Infrastructure Policy Analyst, Albuquerque, NM
Alphecca Muttardy, former Senior Economist, International Monetary Fund, Fairfax VA

Moderator: Craig Swartz, former City Councilman, Upper Sandusky, OH

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May 18

Roundtable Discussion/Demos with Regional Leaders of the 10,000 Communities Initiative: Advancing Critical Projects and Innovative Strategies for Equitable Infrastructure Development

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May 19

Iyai+ Critical Conversations with APTA's Emerging Leaders Program