Users Online Now:
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
Get rid of the money system, then get rid of goverrments
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 590644:MV85ODA3ODlfMTcxMTI2NjBfN0RGQkU4NjM=] “Credit as a Public Utility: The Solution to the Economic Crisis” A Video in Six Parts Written and Produced by Richard C. Cook Part Three of Six Parts: Credit As A Public Utility: The Solution to the Economic Crisis “The Collapse of the Financial System” The collapse we are seeing today began in the financial system, not the producing economy. The crisis started with the housing bubble which the Federal Reserve created by cutting interest rates and then brought own by raising them. The trigger of the 2008 bank meltdown was refusal by European banks to purchase any more “toxic” U.S. debt based on mortgages and sold as securities. Now, with the decline in equity values, the burden of debt in our economy has grown even larger. Thus a renewal of bank lending will not solve the problem, while the economic stimulus program of the Obama administration is likewise insufficient to restore economic health. http://video.google.com/videoplay?docid=-2586504549221421168 Part Four of Six Parts: Credit As A Public Utility: The Solution to the Economic Crisis “What is Credit and Who Should Control It?” Fractional reserve banking is the process by which banks create credit out of thin air. But despite abuses of the system, credit is still a crucial part of modern economics. An enlightened concept of governance would view credit as a public utility. This means that government must take back the control of credit from the private financiers. http://video.google.com/videoplay?docid=-4061589997977265938 Part Five of Six Parts: Credit As A Public Utility: The Solution to the Economic Crisis “The Gap Between Prices and Income” One of the most important and least understood concepts in modern economics is the existence of a gap between prices and purchasing power. This gap results when a portion of prices must be set aside as business and private savings. The money is then used by the financial system for lending and speculation. Keynesian economics takes control of some of the savings through government deficit spending but is still a compromise with control of the economy by the financiers. In fact Keynesian economics has helped cause the collapsing debt pyramid. A better system would be to provide consumers with a National Dividend as a way to monetize the continuous appreciation of the producing economy. videoplay?docid=3035089455833762689 Part Six of Six Parts: Credit As A Public Utility: The Solution to the Economic Crisis “The Greenback and National Dividend Solutions” The U.S. should convert to a system where the money supply is created by the federal government by being spent into circulation without government borrowing or taxation as was done with the Greenbacks. The Federal Reserve should no longer be a bank of issue. Additionally, a National Dividend should be paid directly to the people. The “Cook Plan” calls for the initial distribution of vouchers in the amount of $1,000 a month plus a new system of community savings banks. Greenbacks combined with a National Dividend will create a non-inflationary democratic currency and transform the economy of the United States. http://video.google.com/videoplay?docid=2945437690287937254 [/quote]
2 things the human race will have to combine and achieve before we evolve.
if we don't, it will be like a stagnant parasite within us all.
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Researchers show possibility of cloning quantum information from the past
Electrical Brain Stimulation May Evoke a Person's 'Will to Persevere'
Army Officer Wants You Disarmed: “We Will Pry Your Gun from Your Cold, Dead Fingers”
Pilot says..” Chemtrails are a necessary EVIL..?”
Getting Ready for the Big One: February 2014
Huge Push On To Start Tracking Our Children With Smart Technology
What the Media is Not Telling You About Future Lead Ammo Shortages
Mental Health – The Next Gun Rights Assault
Half-baked: Gov't Restricts Homemade Cookie Sales
The Banksters are now Setting up The Crash of 2016
CPS Nabs Teenager Because She Was Hanging Out With Black People
Microsoft Mood Bra to Help Women with Emotional Pigouts
Child Suspended From School For Miming Shooting An Arrow
Congress Proposes Almost Doubling Federal Gasoline Tax
More men speaking in girls' 'dialect', study shows
NSA Claims Collecting Cellphone Location Data Is Legal Under Executive Order — From 1981
Planned Parenthood Behind Massive Obamacare Push (Video)
Does smoking pot cause man boobs?
School bans Christmas trees, kids from wearing Christmas colors and saying Merry Christmas
Mystery ‘alien-like creature’ seen in Bristol harbour
Satanists test Oklahoma’s religious freedoms by offering monument
The Case For Impeachment is Undeniable
McDonald’s advises workers protesting low wages how to tip ‘golf pro’ and ‘dock attendant’
Horrific Consequences: “People Don’t Understand the Scale of the Emergency That’s Going On Right Now”
Record Number Of Volcano Eruptions In 2013 – Is Catastrophic Global Cooling Dead Ahead?
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2012 Godlikeproductions.com
Page generated in 0.007s (5 queries)