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Originally posted by Hemisphere
The Federal Reserve is a runaway train with 100 years of momentum. It would take an unprecedented breakaway by hundreds of elected officials to upset this applecart.
Originally posted by Hemisphere
I looked back on Kucinich and his record as mayor of Cleveland.
This is an excerpt from Wiki on Kucinich:
Specifically, it was the Cleveland Trust Company that suddenly required all of the city's debts be paid in full, which forced the city into default, after news of Kucinich's refusal to sell the city utility. For years, these debts were routinely rolled over, pending future payment, until Kucinich's announcement was made public.
And what happens when future debts are called in and all that's left to back them are....."human resources"?
"Mr. Chairman, we have in this Country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the Fed. The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation's debt. The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over.
"This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Fed and through the corrupt practices of the moneyed vultures who control it.
"Some people who think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lender. In that dark crew of financial pirates there are those who would cut a man's throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control our legislatures; there are those who maintain International propaganda for the purpose of deceiving us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.
"These twelve private credit monopolies were deceitfully and disloyally foisted upon this Country by the bankers who came here from Europe and repaid us our hospitality by undermining our American institutions. Those bankers took money out of this Country to finance Japan in a war against Russia. They created a reign of terror in Russia with our money in order to help that war along. They instigated the separate peace between Germany and Russia, and thus drove a wedge between the allies in World War. They financed Trotsky's passage from New York to Russia so that he might assist in the destruction of the Russian Empire. They fomented and instigated the Russian Revolution, and placed a large fund of American dollars at Trotsky's disposal in one of their branch banks in Sweden so that through him Russian homes might be thoroughly broken up and Russian children flung far and wide from their natural protectors. They have since begun breaking up of American homes and the dispersal of American children. "Mr. Chairman, there should be no partisanship in matters concerning banking and currency affairs in this Country, and I do not speak with any.
"In 1912 the National Monetary Association, under the chairmanship of the late Senator Nelson W. Aldrich, made a report and presented a vicious bill called the National Reserve Association bill. This bill is usually spoken of as the Aldrich bill. Senator Aldrich did not write the Aldrich bill. He was the tool, if not the accomplice, of the European bankers who for nearly twenty years had been scheming to set up a central bank in this Country and who in 1912 has spent and were continuing to spend vast sums of money to accomplish their purpose.
"We were opposed to the Aldrich plan for a central bank. The men who rule the Democratic Party then promised the people that if they were returned to power there would be no central bank established here while they held the reigns of government. Thirteen months later that promise was broken, and the Wilson administration, under the tutelage of those sinister Wall Street figures who stood behind Colonel House, established here in our free Country the worm-eaten monarchical institution of the "King's Bank" to control us from the top downward, and from the cradle to the grave.
"The Federal Reserve Bank destroyed our old and characteristic way of doing business. It discriminated against our 1-name commercial paper, the finest in the world, and it set up the antiquated 2-name paper, which is the present curse of this Country and which wrecked every country which has ever given it scope; it fastened down upon the Country the very tyranny from which the framers of the Constitution sough to save us....
www.real-debt-elimination.com...
Originally posted by whatukno
reply to post by Giuwah
Oh that was classic These lunatics are hilarious.
en.wikipedia.org...
The guy is coo coo for cocoa puffs.
laugh all you want
Kinda scary when you put it that way. Especially when you add in the new "Food Safety Bill." Rumor has it that it makes it illegal to grow your own food in small gardens. Take the mark or starve.
...these are direct quotations from the agency’s [FDA] response to a lawsuit the Farm-to-Consumer Legal Defense Fund filed earlier this year challenging the interstate ban on raw milk for human consumption:
* "There is no absolute right to consume or feed children any particular food." [A--p. 25]
* "There is no 'deeply rooted' historical tradition of unfettered access to foods of all kinds." [A--p. 26]
* "Plaintiffs' assertion of a 'fundamental right to their own bodily and physical health, which includes what foods they do and do not choose to consume for themselves and their families' is similarly unavailing because plaintiffs do not have a fundamental right to obtain any food they wish." [A--p. 26]
* "There is no fundamental right to freedom of contract." [A--p. 27]
Originally posted by GirlGenius
reply to post by LazyGuy
Yes, no kidding! This is just what we NEED
Between this, and Ron Paul chairing the finance subcommittee, I have hope for the first time that we really may be able to turn this around.
The only caveat I have is that time Kucinich disappeared into that "secret meeting" with Obama. Anybody ever find out what that was all about? You know how they like to take over the opposing movements ... "if you can't beat 'em, lead 'em". That episode put a little question mark next to Dennis for me. Hopefully, he was just playing politics, but he looked a little smug ...
This bill never became law. This bill was proposed in a previous session of Congress. Sessions of Congress last two years, and at the end of each session all proposed bills and resolutions that haven't passed are cleared from the books. Members often reintroduce bills that did not come up for debate under a new number in the next session.
Originally posted by LazyGuy
I've been waiting to hear about HR 6550 from the main stream news. I figured that Faux (Fox) New or someone like them would at least find something bad to say about it. So far nothing. Now I think I know why. I was looking for anything more about the bill and discovered the following...
This bill never became law. This bill was proposed in a previous session of Congress. Sessions of Congress last two years, and at the end of each session all proposed bills and resolutions that haven't passed are cleared from the books. Members often reintroduce bills that did not come up for debate under a new number in the next session.
Source
So I guess that means that HR 6550 is dead. When the previous Congress ended their session at the end of December the bill died. Why file a bill so late in the Session when it doesn't have enough time for a proper vote?
Hopefully, we'll see something more of this later on.
I think I'll email Kucinich and see what response I get.
edit on 8-1-2011 by LazyGuy because: wording
Infrastructure repair (including human infrastructure - health and education) would provide quality employment throughout the nation. There is a pretense that government must either borrow or tax to get the money for such projects. But it is a well enough known, that the government can directly create the money needed and spend it into circulation for such projects, without inflationary results.
First, incorporate the Federal Reserve System into the U.S. Treasury.
Second, halt the banks privilege to create money by ending the fractional reserve system.
Third, spend new money into circulation on infrastructure, including education and healthcare.
If you're treasurer of a new money system, then you're responsible for the distributing of a new currency. We now know – the treasurer for a new money system, is the distributer of the new currency.