Friday, October 7, 2011

Obama and Congress ARE Wall Street, Geithner IS the Federal Reserve - Now What?

As Occupy Wall Street protests intensify around America, it's important to examine possible solutions.

Real change won't come by giving more power
or money to this group -- Dees Illustration
Eric Blair
Activist Post

Barack Obama and his 2008 presidential challenger John McCain both received more money from Wall Street donors than their combined lifetime government salaries.  It was a billion-dollar-plus campaign.  In fact, all of Congress makes more from Wall Street and corporate campaign contributions than their public salaries.  It is the nature of the modern political system.  And Timothy Geithner, despite cheating on his own taxes, was plucked from the New York Federal Reserve to serve as U.S. Treasury Secretary.  So who can the People turn to for solutions?

Some very well-meaning people have suggested apparent solutions to alleviate some of these challenges.  Some have called for a separation of money and politics.  Some have called for ending the Federal Reserve System.  Some have suggested a complete write-off of all fraudulent debt. Some want higher taxes imposed on the well-to-do.  Some demand more free government services like healthcare and higher education.  Some say ending the wars at home and abroad will be the cure-all.  Each of these proposed solutions seem to have some attraction, but they also have flaws that need to be addressed.

Remove Money from Politics: In theory the separation of money from politics makes sense. Some have put forward the idea of publicly financed campaigns, which would certainly level the playing field for everyday citizens to compete in elections against generations of elite public servants. However, this theory is much like the failed war on drugs -- if there is a demand for something, there will always be a supply no matter how many walls are built.  If there is a demand for corporate influence on policy, their money will always find a way over those walls.  They may buy direct advertising to advocate for a certain policy, or simply buy unaccountable government regulators to do their dirty work -- both of which already occur.

End the Fed: Congressman Dennis Kucinich, who is widely respected as one of the only champions of the people and the Constitution left in government, suggests absorbing the Federal Reserve Bank into the U.S. Treasury to print and spend interest-free money into the economy. Although this may be one of the best short-term solutions, Geithner and the executive branch will then control the issuance of currency.  Although they are more accountable to the People, they still represent the status quo where the same cabal will likely benefit.  Similarly, presidential candidate Ron Paul wants to end the Fed, but first by legalizing competing currencies so that no single entity wields power over the issuance of money.  Presently, either of these actions would be a huge step forward in resolving our current bondage to debt-based monopoly money, but they are still merely just the beginning of reform.

Complete Debt Forgiveness: I have been one of the advocates for a complete write-off of all fraudulent debt, essentially hitting the economic reset button.  This act would zap all of the power that the banking cartel has over governments and individuals.  Although I truly believe this to be the only way out of this mess, it may require an entirely new free and fair financial structure in place when the button is pushed, or the same group of thugs will likely maintain their control over the system.  A new monetary policy, banking system, credit rules, and stock exchange would have to emerge for such a reset to be effective. Perhaps an Economic Constitution is needed to lay the framework first.

Tax the Rich: Those calling for higher taxes on the wealthy may have their heart in the right place, but this is perhaps the worst of the proposed solutions.  This will change nothing fundamental about the system that enslaves the peasants.  Secondly, at this point, who could trust the legislation to only target the elite who hide their assets offshore anyway?  And, pragmatically, increasing taxes on the rich won't even make a dent in the astronomical national debt, future obligations, or even current expenditures.  Taxing the rich will not create long-term jobs or solve the problem of how the money is created or spent.  More short-term tax revenue may only encourage more government, more spending on wars, the surveillance state, financial bailouts, and subsidies for mega-corporations.  Notably, taxing short-term speculative Wall Street trades (some version of the Tobin tax) seems to have some validity. But in the end, this just gives more money to a disgustingly corrupt government which will still be heavily influenced by big corporations.

Free Education and Healthcare:  Understandably, it only seems fair that if society can produce untold trillions for war and bailouts of fraudulent industries, there should be enough money to educate and maintain the health of its citizens.  Still, free healthcare and education has become synonymous with socialism in our modern society because money must be taken by force from someone else to pay for these "free" services.  Sure, in a perfect society one should have the equal freedom to pursue any level of education based on desire and ability without concern for cost.  And certainly, no one should die or go bankrupt because they lack adequate healthcare.  However, this ultimately becomes a question about the role of government, and the Constitution currently does not give the authority to provide for such services.  Then again, it also doesn't allow for undeclared wars and corporate bailouts either.  No matter what it will be called, or how it will be paid for, until society determines that the health and education of its populace is of utmost importance, it will remain an ill society.  An entirely new system may need to be dreamed up for this to work for everyone.

End the Wars: Yes, yes, and yes.  End the foreign wars.  End the phony war on "terror".  And end the war on drugs.  They only benefit those funding the wars (with interest) and the pirates who the government gives the spoils to.  Because no average citizen ever wants war, it leads some to believe that all wars have been baited by these beneficiaries -- and they wouldn't be wrong.  Unfortunately, for too long we have taken the bait and they have gotten their spoils.  It is time to stop this insanity.  Significantly, this is one of the only practical solutions that will have minimal blowback.  It will save trillions in public spending and immediately bring more harmony to the planet.  However, America will face the very real challenge of creating new employment for returning soldiers, contractors, and laid-off weapons manufacturers, as well as DEA agents, prison guards and others who participate in perpetuating the war on drugs.  So, even though ending all wars is the only sane policy, by itself it is not a silver bullet for economic woes.

Indeed, these are exciting and transformative times, and the People will eventually get what they ask for.  However, they must be careful in what they ask for because the same power structures that they're currently protesting may ultimately end up with more power.  Unless, of course, part of the solution is to remove the corporate state's power to coerce people in the first place. Therefore, a good place to start may be to demand more personal freedom while curbing the rights of multinational corporations and the government itself.

Regardless, the enormity of the problems require that many groundbreaking proposals are put forward and examined.  Please leave your comments and suggestions of what you think needs to be done.


This article may be re-posted in full with attribution.


If you enjoy our work, please donate to keep our website going.


apeman2502 said...

Like herding cats while riding horseback, me thinks we've been set up. So we should do this quickly and peacefully. The mess will only get worse if we do not.

These three individuals do not perform any functions in the best interests of the U.S. constitutional government and its people.
Their next move would most likely be a comprehensive credit freeze and false flag event. We have the teamsters and NY transportation union and most of the military. So it looks to me like they just want to go to prison and get out of the hell they have been led into. Dump the fed.

Travis E said...

Here's a fairly good list. I would like term limits also.

Anonymous said...

Well done, looks like you covered everything except phycopathy. We need to disalow people without concience from holding public office. I think Robert Hare, Hervey Clekley and Andrew Lobaczewski are onto something big, maybe the other problems would sort themselves out if we understood what was really happening.

Anonymous said...

got rope?

Anonymous said...

Thank you for this well-written, balanced and reasonable article. You boiled the whole thing down very nicely. I like all of the above solutions except #1 which I'm on the fence about. I agree something needs to be done and I support public money for campaigns, however. But I feel strongly that the rest of them should definitely be utilized. There's not one good reason not to except that the P T B benefit from it and have set things up to run THEIR way.

Anonymous said...

Isn't it ironic that the US’s planned and incited 'Arab Spring' would backfire into an 'American Winter'.

For too long now, both the US government and the US corporate and CIA controlled mainstream media have brainwashed, softened and paralysed the American people into almost total submission and ignorance.

And now the Americans have wakened up?

With millions unemployed, 46 millions on food stamps, millions living in tent cities and shelters, millions of American children subsisting below the poverty line and so much miseries and helplessness among them, there is really no light at the end of the American tunnel now. Instead, the United States squandered more than 700 US$billions annually to perpetuate US global Tyranny and invading small helpless sovereign nations.

This is the window of opportunity for the American people to come out in their millions all over the USA to protest, demand and cause rigorous changes in the government and their military. This is their last chance to effect real change!

Americans are now seeing through the lies and disinformation of their government. The time to keep Americans distracted by blaming and scapegoating foreign nations and intensifying their US military adventures and invasions is rapidly coming to an end.

Americans must now begin their revolution and turn their 'American Winter' into a people's war against mismanagement of their economy, corruption, collaboration between White House, US Congress and the US corporate 'elites' and the US military which has run amok globally.

With a militarised political situation in the USA today, it won't be long before the US National guard and the US military will be released to quell the rightful protests and revolution of the American people.

The peoples of the World are empathetic and supportive of nationwide protests throughout the USA. But the American people must now take the bull by the horns and rid their country of the rubbish in the White House, the US Congress and of course the US military.

This would be the Winter of Discontent and Revolution in the United States of America ….!

Anonymous said...

"When peaceful revolution becomes impossible, violent revolution becomes inevitable." -- John F. Kennedy

Anonymous said...

"If there is a demand for corporate influence on policy"...who wrote this shit ? Just fuck off !

"However, this theory is much like the failed war on drugs" bull fucking shit !

What are these people smoking ...I don't want any !


Anonymous said...

I have to agree with Mick. How much tax could you take off the Rich for taxes? Based on the fact that they own the majority of the wealth it would amount to a huge fortune. Why shield them? So that they continue, once again, sometime in the not too distant future, their 'old' practices. I do not think so.

Randa said...

It's all digital. There is no wealth (only debt).

Get out of paper.

Anonymous said...

Mick, Yeah, give more money to the criminals. Trust that they will spend it wisely. The elite hide their wealth off shore already. WAKE UP dude!

Rick2012 said...

Is Fulford into something really big?I can´t tell.See underground bases destroyed at divine cosmos site.

FreeMom4Freedom said...

Excellent discussion! We the People can Reclaim Our stolen money Power and ban banksters lawfully, without waiting for congress or president to do it for us! Our personal individual remedy already exists in the law; We can choose to end our ignorance of the law (it's no excuse, you know) and take personal responsibility for necessary change to "vote" against frb in very practical simple manner, empowering ourselves and others with Truth that can set us FREE from bondage of "debt"! Knowledge is Power, when applied with informed conviction. Did you know "Income tax" is really a use fee for participation in their PRIVATE money system of Federal Reserve Notes (FRNs = DEBT currency) and you CAN choose NOT to participate, therefore lawfully eliminating your voluntary IRS "taxpayer" status and the "national debt" simultaneously?? Simple FRN conversion to Lawful Money of Our United States is in Our Hands! Learn more about Lawful Money @ from guest speakers David Merrill, Michael Joseph and JOHN HENRY DOE. Empower Yourself with Knowledge of Truth and put it to work FOR You and share the Good News, by ALL means, with ALL good People desirous of Freedom, Truth, and Justice!! Blessings 2U in His Love!

Anonymous said...

Quite frankly, the end of the FED cannot be accomplished without the full disclosure of the accounts held there, the Depository Trust Corp, the DTCC and Cede and Co. all, of them are subsidiaries of the Fed.
It ain't gonna happen people.
What must happen is the dissolution from the bottom up.
What must happen is the dissolution from the bottom up.
The original purpose of the fed can be maintained, or CORRALLED.
It can be divested of certain authority, that being which the money of the public is controlled.
If the mint is to create the dollars for the public consumption, it would be without Federal Reserve control and interest when it had NO CORRESPONDING DEBT/INTEREST BEARING OBLIGATIONS created as a result of it's distribution.
What that would mean is that every single item in which our signatures appeared on, would no longer be able to be monetized, and placed into trust.

Anonymous said...

The USA will die with whimper as the NWO carves it up into economic zones... And all those who have nothing will be subject to eugenics programs... It's not just the country that's be phased out, it's you...

Anonymous said...

just tax everyone who makes over 200k and don't tax anyone who makes less.

personally i don't think anyone should be taxed at all. i also think corporations are not people so they can be taxed to hell and back, especially industrial military companies.

Anonymous said...

IF only people would read the new ebook called "American Epitaph". It is from within the movement, and will change this world.

Kal Dani said...

I have researched the occult side to prince William and written it into an essay. Discover how old he was on Diana's funeral, his very odd eclipses and more:

Anonymous said...

End the 'Fed'. Print the money through the US Treasury, and spend it into circulation. No need for a gold standard. US Treasury (not privately-owned 'Fed' banks) determines amount of money in circulation. No more national debt. It's also the title of a book, by William T. Still. End the endless wars. End the phony 'war' on drugs. End the phony 'war' on 'terror'. Institute a 10% flat tax - on EVERYONE, regardless of how much they already have. Burn up the 'patriot' act. Restore the Bill of Rights. Restore the Constitution. Get all money out of politics. Restore America, and our belief in it, that we had, until November 22, 1963. (Ron Paul, 2012)

"I need a sign, to let me know you're here
cuz my t.v. set just keeps it all from bein' clear...

I need a reason for the way things have to be
I need a hand to help build up some kinda hope inside of me -

And, I....
And, I...

When children have to play inside, so they don't disappear...

I won't give up, if you don't give up
I won't give up, if you don't give up -

And, I...
And, I...


Anonymous said...

I disagree with your facile approach to money and politics, “if there is a demand for something, there will always be a supply no matter how many walls are built”. Perhaps that applies to the war on drugs but by the same logic there will always be crime so why not abandon all hope of law and order and embrace anarchy? (I shudder to think how you will react when you realize that man is mortal.) Okay, greed and corruption have always played a part in politics and government, but rather than throwing our arms up in despair we should continue to fight the good fight. We may never achieve Utopia but we can make sure we don’t settle for Tammany Hall, and if we don’t want Big Money buying our politicians and public servants then we have to make it much harder for them to do so.

Post a Comment