Billions for The Bankers Debt for The People by Sheldon Emry
OWS and progressives everywhere committed to real change: Ask your politicians, and the OWS activists - ask the pundits that want to curry your favor why they are not talking about HR 2990-- Dennis Kucinich's National Emergency Employment Defense Act of 2011.
Force every politician that wants to gain favor with you to endorse and cosponsor this bill. Just ask them about it and that will separate the men from the boys -- the people who sincerely want real change and those who are faking again as usual.
"For years, I labored with the idea of reforming the existing institutions in the South, a little change here, a little change there," King said shortly before he was assassinated. "Now I feel quite differently. I think you've got to have a reconstruction of the entire system, a revolution of values."
The above quote is an excerpt from the Chris Hedges article "A Movement Too Big to Fail" and it squares with such prominent people as Buckminster Fuller who, himself quite an non extreme personality, simply and scientifically agreed when systems are so terribly broken as ours is they need to be rebuilt starting with the unique requirements that we missed in the first system.
There is an elegant solution to the whole mess. HR 2990 addresses the CORRECT solution to the problem OWS and the rest of us are angry as hell about. The rub is that it takes banks out of the money creation business (as it should). This alone will likely cause massive establishment opposition to erupt as they will do what is necessary to protect what they have stolen but believe to be their turf. When that happens you will know you have hit upon the correct solution. This system functionally and justly belongs to the people in the first place. The United States needs to adopt this immediately which won't happen with the congress we have. We need to put a congress in there that will pass HR 2990 or something similar and better. HR 2990 could set the example necessary to solve this problem permanently for the world -- but let's get the U.S. established first.
All Nations need to come to grips with the fact that the current financial system is far past dysfunctional and it is extremely destructive as demonstrated by the dire straits of the world economy that were so well detailed in an article Mr. Lendman wrote entitled "Economic Tremors". The devastation is now becoming visible and put upon the 1st world. This will require picking sides. Nations will need to decide whether or not to save civilization or to side with the banks and destroy it. First, someone needs to start talking about it. I'm not sure who but I think his initials are POTUS.
Democracy is what is missing in our system. In that all systems in a democracy should be aligned with the values of that democracy which in ours is justice and freedom, there is only one way to solve that problem and it is to democratize money -- our most dominate system. This isn't socialism or even radical in systems terms. It is functionally aligned with the democracy we created.
The main purpose of a money system is to create, value, and circulate money. The method used to do that today is so arcane and dysfunctional it is destructive. But it is that way because of the massive benefit accrued to those who control it. Money is a legal entity as borne out by "this is legal tender for all debts ,public and private" and is therefore a function of law which is a function of the people at large. The money system belongs to the people. HR2990 addresses this issue except for its proper circulation which absolutely needs to be directly to the people based on sound, balanced, mathematical system. (Explanation of it is for another time.) When we reach this point we will have real freedom, justice and representative democracy. And not until then.
In short the banking system extracts more money over time than it puts in. In that all nations need a growing currency to serve a growing population this formula was bankrupt from the beginning and is wrought with continual recession and depression. This is unassailably obvious with centuries of evidence. The monetary/ banking system is responsible for all these -- not the so called business cycle as we are lead to believe by their incredibly powerful network constructed over the last 50 years including politicians, government policy and their 'education' of the media.
There are alternatives already out there -- HR 2990. We cannot allow the right to take the lead and accuse us of class warfare and being socialists. Supporting this bill ends all that if we understand money. We all support OWS and anyone agreeing we need to change. There is mathematical proof and systems dynamics that exist to support overhaul of the banking and the monetary system into a democratic system. Since we all seem to know it is all about the money I don't understand why bills like HR 2990 aren't being celebrated and passage demanded. This movement is 30 years overdue and progressives are giddy about it finally happening especially as spontaneously as it did and support it vigorously. But we HAVE a piece of ammunition that will win the day and save the country if we are smart enough to use it. PASS HR 2990. Modify it to include a mathematical formula to be used to establish value and the subsequent monthly circulation of the new money directly to the people. Then we will have true democracy , freedom and justice.
We've got their attention now let's demand this one overarching solution that is already a bill in congress. Let's focus our considerable and collective efforts on getting this passed. It directly addresses all our concerns about economic injustice and social injustice and It does it by using the democratic principles, of freedom and justice for ALL, of our founders.