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Will a Small Group of U.S. and World Economists End Up Saving the World?

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Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 02:44 AM
Original message
Will a Small Group of U.S. and World Economists End Up Saving the World?
Will a Small Group of U.S. and World Economists End Up Saving the World?

Chicago, Illinois. September 24th, 2009. While the pundits argued about whether Chicago would get to host the 2016 Olympics, they ignored the much more important issues being discussed at a Conference there on Monetary Reform, which could overwhelmingly impact the world’s people in a positive way.

What if there didn't have to be any wars? What if you could have peace and prosperity as every human's birthright? What if it was not that complicated, but relatively simple to achieve this? What if it wasn't about left or right, black or white, liberal or conservative? What if it was about freedom versus slavery, prosperity versus debt, peace versus war? What if the solutions weren't all that difficult and you could see world peace in your lifetime?

Do you think that is an impossible dream? One that only little children and demented utopianists could even imagine? Throw your cynicism to the wind and dare to think again. Think outside of the box. That’s what a small group of monetary reformers has been doing now for the last 8 years under the umbrella of the American Monetary Institute. The Institute is the brainchild of Stephen Zarlenga, who throughout his lifetime studied economics and wrote a book called “The Lost Science of Money,” which elucidates the history of how peace and prosperity has been achieved before, and most importantly, how we can achieve it again.

While Obama attended the G20 conference where the status quo glorified itself and showered itself with more power to abuse and denude the people of the earth of their wealth and productive earnings, bonafide honest and caring citizens of this planet worked on their benevolent plan to stop the plunder, and return the resources of the earth back to the productive, civilized and gentle inhabitants who deserve it.

If you were an academic, and wondered why there are wars in the world, and you studied the issue, you would eventually reach the same conclusion as the American Monetary Institute.

There are wars in the world because bankers/financiers/corporate globalists love wars, foment wars, encourage wars, finance wars, utilize the media to propagandize the public to accept wars, in order to get countries into more debt, so that they can collect the interest, and consolidate the world's real wealth and resources into a few elite's hands. These are the same international bankers controlling the issuance of most of the world’s money at interest through private central banks like the Federal Reserve.

So how do you end wars? You eliminate the Central Bank's control of governments’ money (the people’s money). The U.S. Central Bank is the Federal Reserve. Would you like to end it and bring control of the U.S. government back into the hands of the people via their elected representatives?

Congressman Dennis Kucinich is soon going to be sponsoring the American Monetary and Financial Security Act in the U.S. House of Representatives which is the outcome of all of this economic brainstorming.

It would briefly,

1. Nationalize the Federal Reserve and put it under Treasury - making it a government function and eliminating Private Bankers from the issuance of our money.

2. End the Fractional reserve banking system and replaces it with one that has a 100% reserve requirement (meaning banks can no longer print money into existence through loans). It would also cap interest on loans at 8%.

3. Spends U.S. dollars (not debt money) into the economy to stimulate it and provide financing for infrastructure projects.

Many world economists care about what happens with monetary reform in the United States, because they know that whatever happens here affects all of their countries as well. They want to work on monetary reform here, because it can happen here. We could be a good leader once again. We could be a beacon of light rather than the dark force of empire building and war.

These economists know that if the U.S. fails, there is no hope for their countries. They are willing to put time, effort and money into legislation to save America, in order to save themselves. Are you? Be a part of the solution. Support the AMI and this legislation. Their website is www.monetary.org.

Currently the bill is with Kucinich staffers being harmonized with existing law. It will be introduced in the House when this process is complete.

*********

The future will be what we make it, with our love.


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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 03:24 AM
Response to Original message
1. Chicago - Home of Milton Freeman / Reaganomics
Edited on Sat Jan-02-10 03:27 AM by FreakinDJ
Do not trust any economist from the School of TRICKLE DOWN ECOCONOMICS

Next you'll be telling us that FREE TRADE built the US economy
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Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 12:56 PM
Response to Reply #1
12. This is not the Chicago/Milton Freidman School of Economics.
This is not the Chicago/Milton Freidman School of Economics. No relationship. Guilt by association by just being in the same city? It is an INDEPENDENT think tank that has been working on monetary reform legislation for about the last six-seven years. If you go to their website, you will see this. www.monetary.org.

You have to be careful when you throw the words "free trade" around. If you are talking about "free trade" as the natural marketplace where people freely trade their goods and services without coercion, then it is a good thing.

If you talking about "free trade" as unregulated banking criminal syndicates dealing in financial markets and government in order to fleece the people of their money, then it is a bad thing.
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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 03:30 AM
Response to Original message
2. NO,.they re-distributed the wealth so that the bottom 80% only possess 7% o the wealth..74% of debt
how can the capitalize on alternate energy... we have nothing left to buy with, what is left to take..
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Patchuli Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 03:58 AM
Response to Reply #2
3. The ravenous viper eats its own tail
That is what will stop this stupidity. I hate the rich...
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live love laugh Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 01:41 PM
Response to Reply #3
19. "I hate the rich."
That statement is one I hear a lot here and it bothers me because, taken out of context, it seems like any other kind of mindless bigotry and is easily dismissed as such.

How can you lump all rich into one group?

I don't hate the rich, I hate the greedy, treasonous bastards who have infiltrated our government, and pawned our democracy and rights in exchange for wealth that has made many of them our overlords. Think Joe Lieberman, George Bush (father and son), Dick Cheney...

Just my thoughts (and my inability to express them as well as I would like.)



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Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 02:10 PM
Response to Reply #19
21. Rich is not the Problem
I am with you. People that are rich because they are creative and productive and provide goods and/or services that enrich the lives of their fellow humans are certainly entitled to what they earn.

Criminals that fleece the public through financial scamming and profiteering from war mongering to line their pockets using the blood of children and innocents are human garbage and need to be treated as such.
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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-03-10 05:43 PM
Response to Reply #21
29. that is why i suggested a No-Value added tax for stock market speculation.. maybe 90%
if you aren't creating wealth you are a thief..
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Patchuli Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 03:04 AM
Response to Reply #19
31. OK, I'll modify to more accurately reflect the sentiment
I hate those who would consume more than they need to the detriment of those less fortunate than themselves. I loathe those that need to be "overloads" over their brothers and sisters.
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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-03-10 05:40 PM
Response to Reply #3
28. Greenspan established and made acceptable 6.5% unemployment to keep wages down.. the poor poor'r,
no it is god's own free-market dictate
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Peace Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 06:25 AM
Response to Original message
4. Not gonna happen, until we get rid of the 'TRADE SECRET' voting machines. Good idea, though.
It's kind of like the godawfully corrupt campaign contribution/lobbying system, and the putrid corpo-fascist 'news' monopolies. We have no ability to implement significant reform if the 'TRADE SECRET' voting machines--run on programming code that we are not permitted to review, and that is owned and controlled by a handful of corporations with extremist rightwing connections that would make your hair stand on end--keep turning out "Blue Dogs" and Pukes to serve the banksters and the war profiteers.

'TRADE SECRET' vote counting is the ultimate barricade to reform--the final, most lethal tool in an arsenal of weaponry to prevent the "will of the people" from being done. We have to break that first--to begin electing people who will act in our interest. And it is still doable. The power over voting systems still resides at the local/state level, where ordinary people still have some potential influence, although I don't know how long we have. The Feds are ever encroaching on those local voting system decisions.

Support election integrity movements in your state and county--some very active ones right now in New York and Tennessee--if you want monetary reform, or ANY significant reform.

The glory of democracy--why it is the best system of government ever devised--is its ability to change. If leaders become corrupt or tyrannical, they can be thrown out. If the rich and powerful entrench themselves, that entrenchment can be broken by action of the people. But all of this--the ability of a people to improve their country, and to change their country's course if bad leaders head it toward disaster--is dependent on TRANSPARENT VOTE COUNTING. Without it, we are not really a democracy. It is the bottom line condition for democracy.

'TRADE SECRET' voting systems, with the vote counting code taken out of our control, and with ZERO or completely inadequate audit/recount controls--were fast-tracked all over the U.S., during the 2002 to 2004 period, with a $3.9 billion e-voting boondoggle from the Anthrax Congress--in order to keep Bush/Cheney in power, to completely embed us in a war mentality--to cement the Forever War in place--and to also make permanent the shredding of our Constitution, the destruction of public services, the decimation of our strong, progressive middle class and the domination of U.S. policy by global corporate predators and banksters. It was a deliberate act. Our own party leaders were/are collusive in it. And we must--we simply MUST--change this, and restore transparent vote counting. All serious reforms--such as this one--are blockaded. Won't happen. Can't happen. That is the POINT of putting the counting of our votes behind a curtain of corporate secrecy--to take away our ability to change course.

We now have one of the worst systems of government ever devised--Corporate Rule. And we will fail--and are failing--as a nation, as a people--because of this now built-in rigidity of the political/government system.

There are MANY things wrong with this system--and we all know what they are. We see them every day--in Congress, in campaigns, in the media, in the vast corruption in Washington DC, in the continued wars, in the humongous military budgets--when we can't fund our schools or hospitals or emergency services or libraries. We need to remove private money from political campaigns. We need to restore free speech (re-regulate the media, as with the Fairness Doctrine, dismantle media monopolies, and open it up to wider spectrum opinion). We need to dismantle large, overly powerful corporations. We need to drive the war profiteer and corporate lobbyists out of our capitol. We need to forbid outsourcing of jobs. We need to restore fair taxation. We need to reform the monetary system. None of this is possible with rightwing, private, corporate control of vote counting! That is the reform that makes all other reforms possible.
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Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 01:03 PM
Response to Reply #4
14. Yes, Get rid of the Voting Machines.
I am completely with you on the restoration of transparent vote counting.
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 07:35 AM
Response to Original message
5. Sounds Like My Kind of Economists!
But first Obama will have to eject and imprison the Gang from Goldman Sachs that he's installed in power....
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Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 01:20 PM
Response to Reply #5
17. Yes.
That would be a good thing!
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 07:37 AM
Response to Original message
6. Link? Source? Reference? Anything, Please?
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Ghost Dog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 09:21 AM
Response to Reply #6
8. Hmm. Google appears to have DU as the only online source
for this piece at present...

(However, there's always room for (hard-nosed) hope).
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Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 12:45 PM
Response to Reply #8
11. Yes it is an original piece of writing.
I attended the AMI conference and I wrote this and posted it here. It was somewhere on a private discussion page on the American Monetary Institute's website. Yes it is original and exclusive to DU as far as being publicized. Just wanted to let everyone in on what was going on and get their comments, pro and con. If you go to www.monetary.org you will get info on the bill. I don't know if they have announced that Kucinich will the sponsor, but it was announced at the conference and I have spoken recently with Stephen Zarlenga (Director of the American Monetary Institute) about it and the bill is being worked on by Staffers to get it ready.

The mainstream media will probably not cover this.
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drm604 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 09:03 AM
Response to Original message
7. Really?
If you were an academic, and wondered why there are wars in the world, and you studied the issue, you would eventually reach the same conclusion as the American Monetary Institute.

So all "academics" who have studied the issue agree with you, or soon will? No one who's seriously studied it disagrees? Can you cite some studies or at least something to back up this bold claim?
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Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 01:18 PM
Response to Reply #7
16. S.orry
You are right, not all people who study the issue come to the same conclusion. It must have been late when I wrote that and I was tired. It is only through years of study that myself and others came to understand that wars are the result of monetary policy, where bankers loan money to governments to foment wars and keep them in endless debt to benefit a small elite. When you remove the financial incentive for war, you will certainly see a lot less of it. Wars cost money. I do believe this to be a universal truth, one that becomes self evident when you study wars and finance and history, but some people will never see it, no matter how obvious it is.
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Ghost Dog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 09:30 AM
Response to Original message
9. Nationalize the Fed, fine. Problem is, it seems most of your
bought-and-paid-for so-called 'elected representatives'

are also desperately in need of seeing their tables overturned and of receiving a little (mental) 'fine-tuning' if they are ever truly to represent any real people.

Oh, and please trash the TV.

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Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 01:00 PM
Response to Reply #9
13. I agree.
I agree with you. That is the job of "we the people". But at least with our representatives, we have the ability to replace them. The Federal Reserve is an unelected Private Banking Criminal Syndicate.
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Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 02:37 PM
Response to Reply #9
22. The T.V. is dead...:-)
My T.V. is only good to play a movie.
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Ghost Dog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 05:41 PM
Response to Reply #22
25. Then, cool.
:crazyhat:

Please continue, sir-or-madam.
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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-03-10 05:45 PM
Response to Reply #9
30. want to know about the Fer Reserve Bank... talk to a Farmer.! that's how i became a radical..
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Jan-02-10 12:44 PM
Response to Original message
10. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 01:12 PM
Response to Reply #10
15. I agree that the source of all value is labor.
If you would actually read the bill, you would understand that these economists are benevolent and want to return monetary control to the people as was Constitutional. They believe as you do that the source of all value is labor as the source of all wealth is the earth and the things that we draw from it with our labor to sustain and enrich life.

You are lumping all economists with the Criminal Banking Syndicate. That is not the case. We need benevolent economists to help us design a monetary system to replace the one which has been usurped by the Banksters. The money power needs to be with the people, to be used for good.

I do, however, understand your cynicism. We have been on a very hard, cruel road.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Jan-02-10 01:35 PM
Response to Reply #15
18. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 02:04 PM
Response to Reply #18
20. Che didn't get it.
So what you are saying is that you would like a violent revolution/overthrow and then the installation of a communist dictatorship? Where that dictatorship owns the means of production and exploits the very workers that you esteem. Hmmm. Hasn't that been tried before and it never works?

I think that you are probably a young misguided hothead who has been imbibing too much Marx. But then that's just my opinion and you are welcome to yours. In the spirit of free debate, I salute you.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Jan-02-10 03:42 PM
Response to Reply #20
23. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Peace4us Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-02-10 05:24 PM
Response to Reply #23
24. Hello Again!
Resorting to obscenities is the signature of the intellectually bankrupt. I would be glad to debate you on the battleground of ideas, should you have one.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Jan-02-10 06:03 PM
Response to Reply #24
26. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Autonomy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 03:52 AM
Response to Reply #24
32. Welcome to the New Improved DU (sarcasm)
It's not so much a nice place for nice people with interesting ideas anymore. Shame, really. The neighborhood really went downhill.
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Ghost Dog Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-03-10 03:13 PM
Response to Original message
27. ROFL
Peace and Love :thumbsup:
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