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Kucinich: End the Fed & Create Full Employment

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On Tuesday, Dennis KUCINICH told the simple, unvarnished truth behind the debt ceiling charade.  The debt crisis is a creation of the neocons who want to "drown government in a bathtub".  (What they want to drown is medicare and social security, not corporate welfare or the military.)

Here's the text of Kucinich's speech:

Why are we in debt? We borrow trillions for wars in Afghanistan and Iraq, trillions for tax cuts for the rich. We borrow billions from China and Japan.

We have plenty of money for war, Wall Street, and welfare for the wealthy; but when millions of honest Americans need jobs, need wage increases, need health care, need education, need retirement security, they're told no, we don't have the money.

How is it that the Fed can create trillions of dollars to give to the banks but the U.S. can't meet its needs without going into debt to banks? The financial system works for a few at the expense of the many.

The Founders did not intend for America to be run by big banks and Wall Street. The Constitution put the ability to create money in the hands of Congress. The Fed took away that power in 1913. We need to get that power back to invest in our economy, to create jobs, to put America back to work, to rebuild America without going into debt. We must reclaim our destiny by reclaiming control over the money system.

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Josh Mitteldorf, an editor at OpEdNews, blogs on aging at Read how to stay young at Educated to be an astrophysicist, he has branched out from there to mathematical modeling in a (more...)

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That message was given boldly and clearly to all w... by Dennis Kaiser on Saturday, Jun 4, 2011 at 6:52:18 AM
that crossed the FEDERAL RESERVE Banks. (Pre-1963 ... by Samuel Bryan on Sunday, Jun 5, 2011 at 11:42:48 PM
For those who don't know, Kucinich is the sponsor ... by Scott Baker on Saturday, Jun 4, 2011 at 9:20:22 AM
Thanks for this information Scott.... Now let's pr... by Dennis Kaiser on Saturday, Jun 4, 2011 at 10:43:20 AM
We have taken big steps toward privatizing the mil... by Josh Mitteldorf on Saturday, Jun 4, 2011 at 7:12:28 PM
With the economy perhaps slipping again into more ... by Siegfried Othmer on Saturday, Jun 4, 2011 at 11:35:19 AM
     Mr. Kucinnich, I've follo... by Dwight Boness on Saturday, Jun 4, 2011 at 11:38:56 AM
The former police chief of Cleveland tells of the ... by Vernon Huffman on Saturday, Jun 4, 2011 at 4:57:15 PM
Rep. Kucinich is on target. He needs to re-introdu... by Luis Magno on Saturday, Jun 4, 2011 at 11:58:40 AM
The crisis is happening now. We are in the midst o... by Luis Magno on Saturday, Jun 4, 2011 at 12:53:11 PM
Here is another great speech by Congressman Kucini... by Mark Adams JD/MBA on Saturday, Jun 4, 2011 at 1:12:06 PM
Kucinich - Sanders?Sanders -Kucinich?click here... by Dante DeNavarre on Saturday, Jun 4, 2011 at 4:32:25 PM by tim mcghie on Saturday, Jun 4, 2011 at 6:35:22 PM
Good Luck. I do not advocate violence except whe... by Donald on Saturday, Jun 4, 2011 at 2:55:37 PM
Great points Don. I do appreciate Kucinich's desir... by Nancy S on Saturday, Jun 4, 2011 at 3:08:28 PM
My sentiment is exactly.. everyday I wake up and w... by Elizabeth Hanson on Saturday, Jun 4, 2011 at 5:34:27 PM
Nice to know I'm not alone with this weird feeling... by Nancy S on Saturday, Jun 4, 2011 at 5:40:19 PM
Yes, they "took away that power" in 1913, with the... by Silverpegasus on Saturday, Jun 4, 2011 at 11:07:58 PM
On Friday, September 26, 2008, President Bush ... by nativenezperce on Saturday, Jun 4, 2011 at 11:56:25 PM
I've always said that the system is set up to pit ... by John ODonnell on Sunday, Jun 5, 2011 at 7:09:14 AM
When we have work that needs doing and workers nee... by Philip Pease on Sunday, Jun 5, 2011 at 9:23:55 AM
The FED was created under the direction of the Rot... by Paul Magill Smith on Sunday, Jun 5, 2011 at 1:33:10 PM