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Title: Kucinich bill seeks to end the Federal Reserve
Source:
The Raw Story
URL Source: http://www.rawstory.com/rs/2011/12/ ... ks-to-end-the-federal-reserve/
Published: Dec 1, 2011
Author: Stephen C. Webster
Post Date: 2012-01-09 12:23:20 by lucysmom
Keywords: None
Views: 10689
Comments: 27
A bill put forward by Congressman Dennis Kucinich (D-OH) would do what libertarians and conservatives have long wished for: effectively end the Federal Reserve.
The National Emergency Employment Defense (NEED) Act of 2011 would place the Federal Reserve, a private, qusai-governmental institution that controls the nation’s monetary policy, under control of the U.S. Treasury. It would also implement new rules for the financial industry, in hopes of ending the worst abuses that created the 2008 financial collapse and the ensuing recession.
Listening to Kucinich speak about the Fed, one gets the sense that he’s moved even closer to the position typically championed by his polar opposite in the House, arch-conservative Congressman Ron Paul (R-TX), currently a candidate for the Republican nomination to the presidency.
Paul and Kucinich have both long agreed that something must be done about the Fed, formed by an act of Congress in 1913 as a way of stabilizing the banking industry. Both men have vocally supported audits of the Fed’s accounts, but Kucinich has not gone as far as Paul in most of his advocacy. Until now.
“Ten million homes are in jeopardy,” he explained in a recent plea for support published to YouTube. “Fourteen million people out of work. Fifty million without health care. Endless wars. The Fed creates money out of nothing, gives it to banks, banks keep it on deposit, gain interest, pay high bonuses — fat city...
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#1. To: Not Badeye, A K A Stone, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, mininggold, brian s, mcgowanjm (#0)
“Now do you understand ‘Occupy Wall Street’?” he asked.
ping
Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1
We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul
#2. To: lucysmom (#1)
Where has good old Boofer been hiding? The internet needs more of people like he is...not less...
I'll believe that a corporation is a person 1 second after Texas executes one...
#3. To: lucysmom, *Ron Paul for President* (#0) (Edited)
The National Emergency Employment Defense (NEED) Act of 2011 would place the Federal Reserve, a private, qusai-governmental institution that controls the nation’s monetary policy, under control of the U.S. Treasury
Swell, then congress and the prez can directly order the FED to create money. No more going to a private FED, now it's federal. Not too comforting for Boehner, Reid, and O'bungler to have direct access to the money making machine.
Kucinich sort of has the right idea, but is taking the wrong approach. The dollar is still worthless paper not backed up by anything of real value. Inflation would continue along with other tax increases mandated by congress and the prez.
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
Obama's watch stopped on 24 May 2008, but he's been too busy smoking crack to notice.
#4. To: war (#2)
Where has good old Boofer been hiding?
In keeping with our don't call me I'll call you, relationship - I don't know.
Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1
We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul
#5. To: war, a k a stone, cz82, jwpegler, hondo68, Get Outta Dodge!, Coral Snake, socalv8, Wood_Chopper (#2)
Where has good old Boofer been hiding? The internet needs more of people like he is...not less...
Why?
Getting lonely, and cruising for a piece of ass??? Ugh.
“Contemplate the mangled bodies of your countrymen, and then say 'what should be the reward of such sacrifices?' Bid us and our posterity bow the knee, supplicate the friendship and plough, and sow, and reap, to glut the avarice of the men who have let loose on us the dogs of war to riot in our blood and hunt us from the face of the earth? If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!” -- Samuel Adams --
#6. To: Capitalist Eric (#5) (Edited)
Why?
Why not?
Getting lonely, and cruising for a piece of ass??? Ugh.
Boofer smokes, has a cheesey moustache and favors Hagar suits (second pair of pants half price!!) and I'm the one who wears the synthetics in my houseold...
So, he's really not my type...he's all yours Junior.
I'll believe that a corporation is a person 1 second after Texas executes one...
#7. To: war (#6)
Boofer smokes, has a cheesey moustache and favors Hagar suits
How do you two know so much about each other?
Do you know him personally?
#8. To: We The People (#7)
Boofer liked to send people pictures of himself.
Looking back, I guess there was something kind of "Guckert" about it...
I'll believe that a corporation is a person 1 second after Texas executes one...
#9. To: war (#8)
Looking back, I guess there was something kind of "Guckert" about it...
Yeah, that's definitely a little creepy.
#10. To: (#6) (Edited)
I'm the one who wears the synthetics in my houseold...
Yeah, we know.
“Contemplate the mangled bodies of your countrymen, and then say 'what should be the reward of such sacrifices?' Bid us and our posterity bow the knee, supplicate the friendship and plough, and sow, and reap, to glut the avarice of the men who have let loose on us the dogs of war to riot in our blood and hunt us from the face of the earth? If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!” -- Samuel Adams --
#11. To: We The People (#9)
You missed Boofer and Mammy Murron admitting that they video "chat"...
I'll believe that a corporation is a person 1 second after Texas executes one...
#12. To: Capitalist Eric (#10)
Did you have a point beyond your own lack of originality, Junior?
I'll believe that a corporation is a person 1 second after Texas executes one...
#13. To: war (#11)
LOLOL!!!
Stop, I don't want to know any more.
#14. To: We The People (#13)
Good thing too...three posters were stricken blind and several more required heavy drinking...
I'll believe that a corporation is a person 1 second after Texas executes one...
#15. To: war (#14)
...and several more required heavy drinking...
Heavy drinking? What's that?
Mine only weigh 12 ounces.
#16. To: Fred Mertz, war (#15)
I think the last guy who tried to elbow out the Fed was JFK.
Tag line: I wuz HACKED, cuz I SAY so!
(Boris Y) "I'd vote for obama"
#17. To: Fred Mertz (#15)
Mine only weigh 12 ounces.
Spelling is your subject not math.
#18. To: Fred Mertz (#15)
Ha...
I'll believe that a corporation is a person 1 second after Texas executes one...
#19. To: war (#6)
I'm the one who wears the synthetics
The 70s are done and gone. You need to get over it.
All cotton and wool, all of the time...
Renewable's... Save the planet...
#20. To: jwpegler (#19)
Feel free to wear either on a 112 mile bike and then a 26.2 mile run...
I'll believe that a corporation is a person 1 second after Texas executes one...
#21. To: We The People (#13)
Hey, it was the dummy DwarF who bragged about being into "synthetics."
And I thought all the previous posts about him wearing spandex were mere hyperbole...
Awww, Jeez...... How WRONG I was, in giving the dummy the benefit of the doubt.
“Contemplate the mangled bodies of your countrymen, and then say 'what should be the reward of such sacrifices?' Bid us and our posterity bow the knee, supplicate the friendship and plough, and sow, and reap, to glut the avarice of the men who have let loose on us the dogs of war to riot in our blood and hunt us from the face of the earth? If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!” -- Samuel Adams --
#22. To: war (#20) (Edited)
Feel free to wear either on a 112 mile bike and then a 26.2 mile run
Ah, so 30-something SUV drivers should be punished for not being environmental friendly but 50-something polyester wearers should be exempt.
We understand your hypocrisy quite well. :):):)
Seriously, nothing breaths like cotton.
You are sweating up a storm for no reason...
Natural fabrics. Natural fibers. That's way better than the synthetics for a big variety of reasons.
#23. To: jwpegler (#22)
Again...feel free to do so in cotton.. No one is stopping you.
I'll believe that a corporation is a person 1 second after Texas executes one...
#24. To: jwpegler (#22)
You are sweating up a storm for no reason...
Cotton retains moisture...lycra doesn't. I stay dry,
I'll believe that a corporation is a person 1 second after Texas executes one...
#25. To: war, jwpegler (#24)
You are sweating up a storm for no reason...Cotton retains moisture...lycra doesn't. I stay dry,
That's especially important in cold weather, the drier you stay the warmer you stay......especially your extremities like feet, hands and head!!!!
I quit wearing cotton socks a long time ago in winter and my feet stay much warmer for much longer periods of time......
Quiz of the Day: Who made the statement "The world would be a better place if only Men were to vote?????? HINT: It was a woman!!!
#26. To: CZ82 (#25)
Just about every sport now has some sort of lycra based product as a foundation. Football and hockey players started wearing support hose back in the 70's before such clothing became the mega dollar industry that it is now. There's a new line of compression wear dedicated solely to supporting whatever major muscle group is used the most.
Frankly, tho, it really doesn't matter what kind of shorts you wear when you bike...your ass gets sore after an hour anyway. It's a given...
I'll believe that a corporation is a person 1 second after Texas executes one...
#27. To: war (#26)
Frankly, tho, it really doesn't matter what kind of shorts you wear when you bike...your ass gets sore after an hour anyway. It's a given...
I don't think I've ever seen/had a comfortable bike seat.....
Quiz of the Day: Who made the statement "The world would be a better place if only Men were to vote?????? HINT: It was a woman!!!
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