[Act now; distribute widely] - JEDear Friends of Monetary Reform,
Below is our press release after the 4th Annual Monetary Reform Conference (a report will soon go out; participants are emailing their congratulations)
Meanwhile, a gang of ruthless thieves is attempting to steal an additional $700 billion from our nation, under threat of an economic meltdown.
There are two things you can and should do RIGHT NOW to stop this outrage:
1) Forward this email immediately to your entire email list by Thursday at the latest, and request that they also forward it to their lists, etc, etc, etc!
Do this before Thursday's vote!
Contact person: Stephen Zarlenga phone: 224-805-2200
The following press release is issued by the American Monetary Institute following its
4th annual Monetary Reform Conference at Roosevelt University, Sept. 25-28th.
"The private financial sector has failed. The public sector is expected to rescue them and it will. Therefore the public sector should control the money system to benefit the country".
Why No Immediate Wall Street Bailout Will Work
In order for the bail out to work, it needs to restore confidence among the public, not just Wall Street gamblers. Confidence won't be restored by rushing Congress into bailing out the very same people who wrecked our money and banking system. That will actually harm things further. The public understands this and sees the $700 billion grab as adding insult to injury.
The only way to restore confidence is if the Congress is seen to be carefully deliberating how to solve the crisis, in the American interest. The people will then understand that Congress is doing its job and our country can then start rebuilding it’s money system. The Predators accurately judged the Democratic and Republican Congress to be jellyfish. But they misjudged the American people, who have given our congress some backbone. We are going to have our opportunity to replace our unjust money system with a good one in the coming months and years, as this crisis develops.
MORE SPECIFICS FOLLOW and more is at http://www.monetary.org:
Monetary Reform of the Federal Reserve System.
At the heart of the problem is that our money system has been privatized. Naturally it’s been run for the benefit of the “privates” in control, with minimal concern for the public interest.