economics

Planning post-Truth economic reform: Top 10 Americans for monetary reform: #3 Andrew Jackson

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m9d21-Top-10-Americans-for-monetary-reform-3-President...

The financial crisis in America today could be over almost instantaneously through monetary reform. Monetary reform is a fundamental shift in how America creates money. The shift is from a Robber Baron-era design of banks creating credit to lend to us at interest and ever-increasing debt, to our community (government) creating it for the direct payment of public goods and services. The benefits of monetary reform are conservatively $1 TRILLION every year, the end of the national debt, and full employment.

Please review the links above to fully understand this idea.

Planning for our post-Truth economy: Top 10 Americans for monetary reform: Thomas Jefferson #2

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m9d20-Top-10-Americans-for-monetary-reform-2-Thomas-Je...

The financial crisis in America today could be over almost instantaneously through monetary reform. Monetary reform is a fundamental shift in how America creates money. The shift is from a Robber Baron-era design of banks creating credit to lend to us at interest and ever-increasing debt, to our community (government) creating it for the direct payment of public goods and services. The benefits of monetary reform are conservatively $1 TRILLION every year, the end of the national debt, and full employment.

Please review the links above to fully understand this idea.

Planning ahead for post 9/11 Truth economic reform: Top 10 Americans for monetary reform: Thomas Edison #1

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m9d19-Top-10-Americans-for-monetary-reform-Thomas-Edis...

From time-to-time I’ll remind you that the financial crisis in America today could be over almost instantaneously through monetary reform. Monetary reform is a fundamental shift in how American creates money. The shift is from the Robber Baron era design of banks creating credit to lend to us at interest and ever-increasing debt to our community (government) creating it for the direct payment of public goods and services. The benefits of monetary reform are conservatively $1 TRILLION every year, the end of the national debt, and full employment.

Please review the links above to fully understand this idea.

Maximizing employment: the ONLY policy proposal for full success

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m9d7-Achieving-full-employment-the-ONLY-policy-that-ca...

Today is Labor Day, a holiday celebrating workers' organized efforts to achieve living wages, safe and dignified working conditions, and benefits (economists translate this into wages). I want to consider a more fundamental goal: achieving employment in order to have the above.

One of the key statistics to determine how well government policy is supportive of labor is unemployment. A government role in employment may be distasteful for some of you, but give me a moment to explain government's rightful role in supporting full employment. The failure of unemployment often translate into even more distasteful social costs: loss of potential economic productivity, crime, public health costs, and the immeasurable feeling you get seeing beggars in arguably the most successful economic environment in world history.

Solvency: how state-owned banks end interest costs on state debt ($5 billion/year for CA)

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m9d4-Solvency-how-stateowned-banks-end-interest-costs-...

Only two states are currently solvent; North Dakota is one. What makes them different is that they have a state-owned bank. The advantage of a state-owned bank is to return profits to the public and/or minimize borrowing costs for the state and whatever portion of the public the state chooses as borrowers (North Dakota provides credit at the lowest costs for student loans and to farmers, for example).

Monetary reform would have prevented Los Angeles fires (and all other economic problems)

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m9d3-Monetary-reform-would-have-prevented-Los-Angeles-...

AP reported that federal funding ran out before thousands of highly flammable brush from Los Angeles mountains was cleared to prevent catastrophic fire. Monetary reform would have fully funded all needed public services and programs and prevented this disaster.

"Monetary reform" is the most-used title to take the power of creating money away from banks and return it back to government, as authorized in the US Constitution under Article 1 Section 8 to "coin money and regulate the value thereof." With this monetary system, government can respond to market failure employment and be the employer of last resort. Those who are unemployed can work on government projects, such as brush clearance, with money created directly by the government. The cost-benefit analysis in this example of fire prevention is clearly positive for the public good.

Bernanke threatens economic crash if Congres audits Fed

hyperlinks and video at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m9d2-Bernanke-threatens-economic-crash-if-Congres-audi...

The following 7-minute video is one of the best I've ever seen in economics. It begins with Federal Reserve Chair Ben Bernanke threatening an economic crash if Congress audits the Fed, moves to revelaing headlines of financial corporate profits after taxpayers socialized their gambling losses, then closes with Secretary of the Treasury Tim Geithner telling Congress that TARP is really a pertetual line of $700 billion credit for him to do with as he pleases as long as Bernanke agrees. That means, if Treasury can sell the troubled assets, that money returns to Geithner's private reserve to buy more assets. As you may know, Harvard's Elizabeth Warren, the chair for the Oversight Panel, reported to the Senate that Treasury is over-paying corporations by about 50%. That's a gift from us, the taxpayers, to the gambling-addicted plutocrats of $82 BILLION.

(go to above source for video)

What to do about this? Here's Gandhi's take early in his work, in 1903 working for equal rights in South Africa at age 34:

Goldman Sachs, the US Treasury, and criminal corruption

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m9d2-Goldman-Sachs-the-US-Treasury-and-criminal-corrup...

This is an extraordinary 26-minute video documenting criminal conspiracy between Goldman Sachs and the US Treasury with information in front of all of us to see:

(go to source to see the video of Matt Taibbi interviewed by BreakRoom)

If you're not sure about this criminal conspiracy absolutely against the public good and at the heart of our still-crashing economy severely affecting at least 100 million Americans (1/3rd of the nation is probably a conservative estimate), think for yourself:

1. Insurance companies, like AIG, were allowed unregulated gambling with credit default swaps (CDS) with people's conservatively invested premiums. Banks were allowed to gamble with CDS also. Why would this be allowed?

Are we being played?

Some folks in the 9/11 Truth Movement are being deceived and playing into the hands of the men behind the curtain. I have heard several people in the 9/11 Truth Movement say that they are leaving the 9/11 Truth movement in order to promote aspects surrounding our financial system. Others have also stated that they are now going to only focus on getting off the grid, only on self survival aspects.

The recent economic events, bailouts, and crashes on Wall Street have been the focus of tremendous media attention on the financial system. Do you think that all this hype is a result of “freedom of the press”? The recent sensationalism by the press is part of the planned agenda. Everybody and their dog is talking about what a mess and outrage this economic scene is. That is part of the plan. Similar to the subject of global warming, there is such a prolific amount of “true ideas” on the subject of money that the common person is overwhelmed with information, confusions, and apprehensions.

Silver Lining of the Economic Crash . . . A Window of Opportunity To Plant Seeds of Truth

http://georgewashington2.blogspot.com/2008/09/economic-crash-is-window-of-opportunity.html

The economic crash - as horrible as it is - has a silver lining.

It is a window of opportunity wake Americans up from their comfortable slumber and make them question their government.

Stalin said that dictatorships only last so long as the dictators keep their people well-fed. Americans have been strongly motivated not to question the government because they have been led to believe that if they just follow the party line, they'll get nice jobs, make a bundle of dough, buy into "the American dream". A crash has the possibility to awaken Americans from their long nap. It has the potential to get Americans to open their eyes and start questioning the lies they have been told by our government and their media lapdogs about virtually everything. Indeed, polls show that the economic crisis has increased Americans' distrust in government.

Guns and Butter 1pm PST Today - The Plot to Shift Taxes Off Wealth Onto Wage Earners

Interview with financial economist and historian, Dr. Michael Hudson. AAA rating of subprime junk; inflation; mishandling of crookedness; change in world order; privatization of banking system through the Federal Reserve; Alan Greenspan, Social Security and junk economics; windfall profits; the law of fraudulent conveyance. Dr. Hudson has been appointed Chief Economic Policy Advisor for the Kucinich for President campaign, and is writing a new tax policy for the United States. He is President of The Institute for the Study of Long-Term Economic Trend, a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of "Super-Imperialism: The Economic Strategy of American Empire". Visit his website at www.michael-hudson.com.

KPFA 94.1 FM Berkeley 1pm PST, and streaming and archived at www.kpfa.org

www.gunsandbutter.net

Cramer: Bernanke, Wake Up

Economic Growth - A Gross Deception

A question I have: Would it be more efficient/necessary to create a seperate blog for these 2 videos?

Guns and Butter 1pm Today - Loren Goldner: Fictitious Capital, Real Retrogression

Guns & Butter

Wednesday April 4, 1:00pm

Fictitious Capital, Real Retrogression

Interview with independent writer and activist, Loren Goldner. Loren Goldner is author of numerous articles on political economy including "International Liquidity Crisis and Class Struggle"; "The Dollar Crisis and Us"; "1973 Redux: Continuity and Discontinuity in the Decline of Dollar-Centered World Accumulation"; "Two Short Texts on Economic Crisis and War"; and "Fictitious Capital and the Transition Out of Capitalism", among many other essays. Visit his website, Break Their Haughty Power, at http://home.earthlink.net/~lrgoldner.

The underlying economic forces and dynamics of the forward-flight of capitalism behind US aggression abroad. The US as a hegemony in decline creating chaos and dissension among rivals in order to strengthen a sinking hand.

KPFA 94.1 FM Berkeley 1pm PST, and streaming and archived at www.kpfa.org

www.gunsandbutter.net