OpEdNews - Article: How to Fix Our Economy

Our financial system is killing us and we have to fix the problem now. With over a half million jobs lost in January, 2009 we have no time to waste on band aids. While the wolves are chewing on President Obama’s almost trillion dollar stimulus package, it’s time to create positive change.

There are two books referenced, both on Amazon, with solutions to the crisis we are in: Ellen Hodgson Brown, J.D.’s THE WEB OF DEBT: THE SHOCKING TRUTH ABOUT OUR MONEY SYSTEM AND HOW WE CAN BREAK FREE and Richard M. Davis’ HEMP FOR VICTORY: A GLOBAL WARMING SOLUTION.

The quick fix involves instituting a two part plan. First, implement Lincoln’s Greenback currency (including returning the Federal Reserve to the Federal Government). The “big banks” are bankrupt as is our money system. Congress must use their constitutionally ordained powers to create and distribute currency (a coin can have any value deemed) and reclaim the Federal Reserve.

Second. end hemp prohibition and encourage hemp commerce. Legalizing America’s #1 cash crop, hemp, frees a low cost, easily renewable resource material that can create energy, jobs and business opportunities quickly.

These simple shifts will complete the transition from the greed of the Industrial Age to the joyful abundance of the Information Age.

PART ONE –ISSUE GOVERNMENT (GREENBACK) CURRENCY FROM A FEDERALLY OWNED FEDERAL RESERVE

Reference Book - Ellen Hodgson Brown, J.D.’s THE WEB OF DEBT: THE SHOCKING TRUTH ABOUT OUR MONEY SYSTEM AND HOW WE CAN BREAK FREE, 2008.

"As for you my fine friend, you're a victim of disorganized thinking. You are under the unfortunate delusion that simply because you have run away from danger, you have no courage. You are confusing courage with wisdom.” The Wizard of Oz to the Lion.

The Wizard of Oz solved impossible problems just by looking at them differently.” THE WEB OF DEBT page 367

Hemp champion and Congressman Dennis Kucinich has proposed that the Federal Reserve be returned to the federal government. Once again Kucinich has shown himself as a man of wise, workable solutions in a congress that has made nature illegal and refuses to take its financial power back. Wisdom demands we stop pretending not to know that we have the ability to fix our economy by changing the way we look at it. It begins by replacing confusion with wisdom.

The Greenback currency system is money issued by the government instead of the way it’s done now. In THE WEB OF DEBT Hodgson explains how banks, not the government, create money on their computer screens then overcharge us for money they ‘authorized.’ From this great page tearing book I learned that Abraham Lincoln’s greenback monetary system allows for the expansion of currency to fit the needs of the nation and if done right, the world.

The time has come to put away childish Ponzi schemes. “The 300 year old fractional-reserve Ponzi scheme has reached its mathematical end-point. The bankers’ chickens have come home to roost, and only a radical overhaul will save the system.” (pg. 400)

Hodgson makes many recommendations on how to fix our financial system including returning the Federal Reserve to the federal government.

Page 24 “A Game of Smoke and Mirrors

Illusion surrounding the Federal Reserve begins with its name. The Federal Reserve is not actually federal, and it keeps no reserves – at least not in the sense most people think. No gold or silver backs its Federal Reserve notes (our dollar bills). A booklet published by the Federal Reserve Bank of New York states:

Currency cannot be redeemed or exchanged for Treasury gold or any other asset used as backing. The question of just what assets “back” Federal Reserve notes has little but bookkeeping significance.”

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