Carol Davidek-Waller commented on Medicare for All
2012-07-07 11:52:21 -0600
· Flag
Too right. Medicare for all is the way to go.
Carol Davidek-Waller commented on An End To Authoritarianism and Plutocracy in the United States: It's Up to Us
2012-06-22 18:02:40 -0600
· Flag
Well stated Lee. Corporate media have a lot to answer for. Not only do they pedddle the plutocrats fairy tales, they actively block dissenting views.
That is the primary reason elections are close enough to steal. The wealthy buy air time to peddle their lies and manipulate public opinion while truth and reality are silenced. They even refuse to sell airtimes to those who’s differ from theirs or their advertisers.
Broadcast frequencies are a public resource and must serve the public instead of being a vehicle to channel wealth and power into the hands of the few. The press have Constitutional protections that being violated, even by our own president. This has to be fixed.
That is the primary reason elections are close enough to steal. The wealthy buy air time to peddle their lies and manipulate public opinion while truth and reality are silenced. They even refuse to sell airtimes to those who’s differ from theirs or their advertisers.
Broadcast frequencies are a public resource and must serve the public instead of being a vehicle to channel wealth and power into the hands of the few. The press have Constitutional protections that being violated, even by our own president. This has to be fixed.
Carol Davidek-Waller commented on The Federal Reserve
2012-02-23 18:56:32 -0700
· Flag
Yes on transparency and a neutral watchdog agency.
No way, on leaving the Federal Reserve as is.
First of all, it isn’t Federal. It’s a consortium of private banking interests, who have all acted in bad faith and unconvicted felons. The largest shareholders and therefore THE decision makers are ‘too big to fail’ Bank of America, Citcorp and JPMorgan Chase. The Federal government as minor shareholder has no power except to dissolve their charter which should happen immediately. It should be replaced by a well insulated and regulated Central Bank.
Here are more reasons why.
The bad faith 1913 Banking Act winkled away the power of the US Government to create its own currency. Through an archaic interpretation of the law, only ‘coinage’, a fraction of the money supply, remains Federal.
This is bad for the 99.9% for the following reasons.
1)The unFederal Reserve charges us interest for a function that the US Government can perform interest free.
2)They never create enough currency to pay the interest, creating a situation that guarantees debt slavery to the shareholders et al. Most of our income tax revenue is used to pay the interest (not the principle) on the national debt.
3)The current system not only favors the .01%, it cannot meet the needs of a dynamic economy.
If the sovereign right to create currency were returned to the Federal Government, it could create the money it needed to run itself without incurring debt. As this currency represents real goods and services, it would not be inflationary.
Fed policies of pushing out interest free money (or nearly so) to its shareholders and friends is highly inflationary as there is no real value behind it. As a result, our dollar today is onlly worth 5 cents in 1950 dollars.
Reference: “Web of Debt” by Ellen Brown
No way, on leaving the Federal Reserve as is.
First of all, it isn’t Federal. It’s a consortium of private banking interests, who have all acted in bad faith and unconvicted felons. The largest shareholders and therefore THE decision makers are ‘too big to fail’ Bank of America, Citcorp and JPMorgan Chase. The Federal government as minor shareholder has no power except to dissolve their charter which should happen immediately. It should be replaced by a well insulated and regulated Central Bank.
Here are more reasons why.
The bad faith 1913 Banking Act winkled away the power of the US Government to create its own currency. Through an archaic interpretation of the law, only ‘coinage’, a fraction of the money supply, remains Federal.
This is bad for the 99.9% for the following reasons.
1)The unFederal Reserve charges us interest for a function that the US Government can perform interest free.
2)They never create enough currency to pay the interest, creating a situation that guarantees debt slavery to the shareholders et al. Most of our income tax revenue is used to pay the interest (not the principle) on the national debt.
3)The current system not only favors the .01%, it cannot meet the needs of a dynamic economy.
If the sovereign right to create currency were returned to the Federal Government, it could create the money it needed to run itself without incurring debt. As this currency represents real goods and services, it would not be inflationary.
Fed policies of pushing out interest free money (or nearly so) to its shareholders and friends is highly inflationary as there is no real value behind it. As a result, our dollar today is onlly worth 5 cents in 1950 dollars.
Reference: “Web of Debt” by Ellen Brown