"Democracy will rise superior to the money power."
by W. Finnerty Sat May 12, 2012 17:02
With Greece in mind (home of democracy) ...
United States President Abraham Lincoln's MONETARY POLICY (a short set of statements reproduced in the section immediately below) is seen by some as one of the world's greatest and most important political declarations: not least because he actually managed to put these ideas and principles into practice during his period in office.
"Money is the creature of law, and the creation of the original issue of money should be maintained as the exclusive monopoly of national government. Money possesses no value to the state other than that given to it by circulation. Capital has its proper place and is entitled to every protection. The wages of men should be recognized in the structure of and in the social order as more important than the wages of money [interest]."
"No duty is more imperative for the government than the duty it owes the people to furnish them with a sound and uniform currency, and of regulating the circulation of the medium of exchange so that labour will be protected from a vicious currency [private bank-created, interest-bearing debt], and commerce will be facilitated by cheap and safe exchanges."
"The available supply of gold and silver being wholly inadequate to permit the issuance of coins of intrinsic value or paper currency convertible into coin in the volume required to serve the needs of the People, some other basis for the issue of currency must be developed, and some means other than that of convertibility into coin must be developed to prevent undue fluctuation in the value of paper currency or any other substitute for money of intrinsic value that may come into use."
"The monetary needs of increasing numbers of people advancing towards higher standards of living can and should be met by the government. Such needs can be met by the issue of national currency and credit through the operation of a national banking system. The circulation of a medium of exchange issued and backed by the government can be properly regulated and redundancy of issue avoided by withdrawing from circulation such amounts as may be necessary by taxation, re-deposit and otherwise. Government has the power to regulate the currency and credit of the nation."
"Government should stand behind its currency and credit and the bank deposits of the nation. No individual should suffer a loss of money through depreciation or inflated currency or Bank bankruptcy."
"Government, possessing the power to create and issue currency and credit as money and enjoying the right to withdraw both currency and credit from circulation by taxation and otherwise, need not and should not borrow capital at interest [from the private banking system or their affiliates] as a means of financing government work and public enterprise. The government should create issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government's greatest creative opportunity."
"By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts, and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power. "
Abraham Lincoln, Senate document 23, Page 91. 1865.
The above Senate document text has been copied from the following location:
The above "comment", dated Saturday May 12th 2012, has been copied from the following Indymedia (Ireland) location:
"Also, there are other alternatives and to insinuate otherwise would be misleading."
by W. Finnerty Fri May 11, 2012 14:07
There most certainly are other alternatives, and at least one of them is (in my opinion) infinitely better than this ESM 'Fiscal Compact' Scam (call it what you like).
A "set of toxic agreements and arrangements" by any other name is still a "set of toxic agreements and arrangements".
Please note that one such alternative to going down the 'Fiscal Compact' road has been outlined at the address below:
Very plainly, our Government (Executive, Legislative, and Judicial) is hell-bent on acting in the best interests of the Global Banking Cartel, and NOT those of "the people" of the Republic of Ireland. No doubt they (i.e. the members of our Government) are doing this in the belief that if they continue to look after the Global Banking Cartel, the Global Banking Cartel will continue to look after them.
In one way, this all makes things very simple for "the People" in this particular instance: just vote in the exact opposite way to what our Government (Executive, Legislative, and Judicial) is trying to slyly hoodwink us into voting: i.e. vote "NO" on May 31st 2012.
It seems to me that our Government (Executive, Legislative, and Judicial) is now VERY BADLY in need of a bit of the "Icelandic medicine" referred to at:
I believe that a nice tidy 93% (or more) "NO" vote on May 31st 2012 is the best way for "the People" of the Republic of Ireland to indicate to our Government what our "final appeal" (Article 6.1 of Bunreacht na hEireann) "common good" answer is to this Government proposed 'Fiscal Compact' piece of "national policy".
Article 6.1 of Bunreacht na hEireann (Constitution and Supreme Law of the Republic of Ireland):
"All powers of government, legislative, executive and judicial, derive, under God, from the people, whose right it is to designate the rulers of the State and, in final appeal, to decide all questions of national policy, according to the requirements of the common good."
The "comment" immediately above, dated Friday May 11th 2012 14:07, has been copied from the following Indymedia (Ireland) location:
by W. Finnerty Fri May 11, 2012 08:48
Why is it that very detailed and complex public debates of this kind (between Dr Gavin Barrett and Anthony Coughlan) completely fail to make any mention at all of the really important issues (as I see things at least) involved in the Republic of Ireland going along with this whole ESM business?
Such as for example, the 1,000 trillion Euros/Dollars derivatives gambling debts of the bankers: debts which continue to grow as far as I am aware, and which are otherwise known as the "financial weapons of mass destruction".
What is the point of having hugely expensive court cases (paid for by the taxpayer) if they do absolutely nothing whatsoever to address, and hopefully remedy, matters such as the Republic of Ireland's ongoing exposure to the huge global "financial weapons of mass destruction" problem? -- which a "Yes" vote on May 31st 2012 will undoubtedly (in my view) make much worse for "the People" of the Republic of Ireland, and for "the People" of the rest of the world as well.
The "comment" immediately above, dated Fri May 11, 2012 08:48, has been copied from the following Indymedia (Ireland) location:
H uman R ights I reland: www. h uman r ights i reland.com