Dr. Ellen Brown on Student Loan Forgiveness
Less than 4 minute video: [link to www.youtube.com
Dr Ellen Brown; money as credit: [link to www.youtube.com
Dr Brown favors a system of publicly owned state banks patterned after the North Dakota model. Her speeches are often found on you tube; she speaks on all aspects of banking and monetary system design.
I suggest you also read the piece by Richard Cook: "Credit as a Public Utility: the Key to Monetary Reform" which is found here:
[link to www.globalresearch.ca
Video series; Richard Cook; Credit as a public utility (six part series):
[link to video.google.com
Credit As A Public Utility: The Solution to the Economic Crisis “The Collapse of the Financial System” Written and Produced by Richard C. Cook Summary: The collapse we are seeing today began in the financial system, not the producing economy. 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. Richard C. Cook is a former U.S Treasury analyst who also worked in the Carter White House and for NASA and writes on public policy issues. His new book is We Hold These Truths: The Hope of Monetary Reform (Tendril Press 2009). His website is [link to www.richardccook.com.
] He is a member of the U.S. Basic Income Guarantee Network and has been an adviser to Congressman Dennis Kucinich and the American Monetary Institute. Purchase the DVD at Richard C. Cook’s website