Abolish the Federal Reserve

The Federal Reserve was created in 1913 as a central bank with a mandate from Congress to move interest rates up and down, it’s purpose was to keep prices stable and inflation low.

Thomas Jefferson said “I believe that banking institutions are more dangerous to our civil liberties than standing armies”. “If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

The current Fed Chairman Bernanke, doesn’t agree. In recent discussions of the administration’s proposed new financial regulations the Chairman said the Federal Reserve needs independence from Congressional oversight to keep politics out of the nation’s monetary policies.

Current Federal Reserve policies include the Fed doling out 80 billion for AIG, trillions for banks and financial institutions, yet the Fed didn‘t have the 40 billion needed to fill the hole in Lehman Brothers whose failure was the beginning of this global recession. Wall Street investment banks have recently posted billions in profits, was there political motivation in allowing Lehman to fail?

William Greider stated in the Nation magazine- “The Feds favoritism toward bankers is embedded in its DNA”.

President Wilson said after creating the Federal Reserve that “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men.” We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world -- no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

We should abolish the Federal Reserve; they are the reason we’re in this recession and why Jefferson’s predictions ring true today.

The communists are coming

Communism once was the antithesis of democracy, now we’ve embraced it with a bloodless coup.

The communist creed is “everyone from according to their wants to everyone according to their needs.” This sounds like head lines we’re hearing today in the news, that more and more Americans are buying only what they need, as opposed to they want. This is scarier than the president bringing us socialism.

We’ve recently witnessed the rise of capitalist communism; where the minority of corporate crooks control all of our government and all of our accessibility to the basic necessities in life, like food; clothing; fuel and shelter.

Corporate consolidation in our food industry created agribusiness, leaving us with fewer choices and poison food. Consolidation has eliminated the boycott as an option to fight against price gouging. If we boycott one product there’s no telling how many other products that same company is selling in the same store, rendering the boycott, a Revolutionary tool useless.

Every year health insurance premiums increase while coverage decreases. This yearly increase ensures many Americans take home much less year after year.

That’s capitalistic communism, ensuring the robber barons make more money while the rest of us are all equal in taking home less.

Thomas Jefferson believed a government should provide for a society where citizens could be industrious and work towards self improvement. How can anyone work towards self improvement when they make less every year?

Our disastrous engagement in “the grave yard of empires” in Afghanistan will lead us to bankruptcy just like it bankrupted the Soviets. The Washington Spectator, a newsletter published by the Public Concern Foundation, reports that we have spent 947 billion between Iraq and Afghanistan thus far. And we have years to go in Afghanistan, so we’re told.

We have a secretive government who spies on us and allowed billionaire hedge funds and private equity firms to precipitate the downfall of our entire financial system.

The corporate crooks control this country with an iron fist and it’s as heavy handed as that of any communist iron fist.

Cap and Trade Taxes

One aspect of the American Clean Energy and Security Bill is the Cap and Trade tax about energy corporations being required to purchase permits for the amount of pollutants they emit. The higher the output the higher the number of permits will be required.

Representative John Boehner said that the cap and trade tax will put small businesses out of business and cost American jobs. Republican Eric Cantor said this bill will impose an energy tax on people and repeated the mantra of putting small businesses out of business. The price of health insurance is preventing small businesses from hiring Americans yet we don’t hear any outrage against that. But when we try to tax the energy industry well, don’t the howls go up then.

Thanks to the good servants of Big Oil who worry about the cap and trade tax affecting small businesses the oil companies are allowed to contaminate, sicken and destroy lives with the poison their antiquated refineries belch into neighborhoods in California cities. Their refineries are old, decrepit and in need of repair. Big Oil and their market propaganda has been able to shift the focus and blame their steadfast refusal to update their refineries onto the backs of the tree huggers across the country. And it’s worked, many believe Big Oil’s propaganda. How many jobs would updating oil refineries create, how much cleaner would the air be with more efficient refineries? Not only is Big Oil polluting our earth they’re charging us top dollar for a necessity like oil for heat and gasoline for cars.

The Democrat’s dance, saying they’re creating a bill for the public good and the Republican’s dance says the Democrats are going to tax you more and we’re here to say we told you so.

In the end, any public good this bill may have in it will result with us paying more in taxes, Big Oil and Big Energy will see to that, and continue with their insane profits. Just like the US government subsidizes Big Oil for the share the OPEC countries charge for their oil, Big Energy will make sure we subsidize any penalties they pay.

Big Business will not pay the price for their pollution, we will; not only in taxes but with the additional suffering destroying the earth’s resources will bring us.

Big Brother Insurance

Many are saying this government funded health insurance plan is the first step to nationalized medicine with a socialist bent. It’s not socialism at all, but Big Brother.

The Democratic House plan is to mandate that all citizens have medical insurance and the insurance companies are going to drop the pre-existing clause. This is what the insurance companies want, they’ve already said as much.

The Democratic House plan includes new taxes on health insurance benefits (ha what benefits), taxes on sugared drinks and alcohol. Not only will we continue to pay exorbitant prices for medical insurance, if this plan passes we’ll all be paying more of our taxes into the insurance companies. This is not socialism but oligarchy.

Thomas Jefferson believed one role of government was to prevent corporations from “taking the bread out of the mouth of labor who has earned it”.

It’s up to the government to ensure healthy competition amongst these insurance companies and to prevent them from turning medical insurance into industrialized mega-corporations; consolidation of too much market share leads to exploitation, which is why the price of health insurance is too high and prohibitive to so many.

Supposedly this government funded plan is intended to promote competition amongst insurance companies to bring down the cost of health insurance. Healthy competition keeps prices low. We don’t have healthy competition and that’s why our economy is so sick and insurance premiums too high.

Why is it that the only way we can get out from under the merciless control insurance companies have over us is by paying more?

In addition to the sinfully extreme cost of medical insurance Americans are forced to pay now, the American taxpayer will be forced to pay even higher premiums and drug costs. Why does an inhaler in Canada cost $12 a month while the very same inhaler costs $160 a month in the US?

The insurance companies are not going to lose money, no matter what plan the federal government creates. As a matter of fact, they’ll be making more money and we still won’t see equality in health insurance; and that‘s the plan of the corporate crooks, the minority who own our government, Big Brother, there‘s no socialism about it.

　

　

Health Care or Profit Care?

According to a report on the News Hour, health insurance companies came out and said if the federal government mandated all citizens have health insurance, they’d drop the pre-existing clause; a pre-existing clause is one where people with pre-existing conditions are unable to obtain health insurance or have to pay a higher premium for scant coverage.

Evidently we are not all equal when it comes to health insurance, only the healthy can have insurance, all those with sickness and injuries need not apply.

During his campaign the president said he was not in favor of mandating all citizens have health insurance, now the president is taking it under consideration. The change in the president’s stance could mean one of two things-first step to nationalizing health insurance is to make sure all have health insurance or the president may be leaning towards the insurance company’s desires.

We need to stop being hysterical and understand that today all political issues are approached on a purely emotional level.

In the earlier part of the twentieth century Edward Bernays the nephew of Sigmund Freud was instrumental in the pioneering of mass marketing. During his study Bernays said if you understand the group mind it is possible to manipulate and control people’s desires without them even knowing it.

Demagoguery is controlling people politically through emotions, that’s what the capitalist crooks and their political puppets are doing and we don’t even know it.

You can bet the insurance companies approach all aspects of their business in a cold hearted calculating way and they don’t let emotions interfere with their decisions as to who lives and who dies.

Kings and heads of state used to come to the US for treatments and operations because we had the best in the world. What happened? The capitalist crooks have seized medicine for profits.

Taxing for Transportation

Opportunity is knocking, nationwide transportation reform is banging on the door.

With the decimation of the manufacturing industry and the desperate need to end our dependence on oil, an obvious choice would seem to be the complete overhaul of the nation’s mass public transportation system to be more efficient, convenient and create more lasting jobs.

Unfortunately this choice doesn’t seem as obvious to this administration pumping billions into GM who will eventually make small cars the public wants. Far cry from better public transportation.

Why don’t we don’t see more Democrats seizing the moment to bring this issue to the forefront? And why isn’t reduction on foreign oil more urgent to our politicians?

With Orwellian double speak we’re told we’re addicted to oil. Well excuse me for living and not to worry, just as soon as I cure my addiction to food, then I’ll move on to my oil addiction.

Modern day life depends on oil and they’ve made it that way. The USA put a man on the moon and created the Internet. Is there any reason why we can’t have and maintain better public transportation? Necessity being the mother of invention has been a cornerstone of development in our nation; whatever happened to it?

The answer to all these questions is that Big Oil is in control; this is why the crucial issue of oil dependence is not being addressed or mentioned.

FDR said you couldn’t do anything with the Oil companies and you couldn’t do anything without the Oil companies. During FDR’s time there were hundreds of oil companies, today they’ve been concentrated so that there are just seven or eight, and we can do even less with them.

As of the last week in May, the national price average for a gallon of gasoline is two dollars and fifty cents. This price has been rising as the summer has been approaching. The oil companies are putting more barrels of oil into reserve so there’s less oil for sale.

The only transportation reforms in Massachusetts our politicians can come up with are higher taxes on gasoline and toll roads. The governor wanted to install chips in our inspection stickers to track the number of miles we drive so they can send us a bill for our road usage.

Using Orwellian double speak, the politicians tell us higher gas tax means we’ll drive less and reduce our oil consumption. This places the blame and burden of oil dependence on the backs of ordinary American citizens and not at the door step of the capitalist crooks in Big Oil along with their paid off puppet politicians where it belongs.

Government Motors Keeps On Truckin'

The Treasury Department along with the auto task force is calling the shots at GM so that we the tax payer now own about seventy percent of “Government Motors“.

The leader of this auto task force Steve Rattner is a hedge fund operator whose firm, according to an article in the Nation magazine is “deep in a pension-fund bribery scandal“. Isn’t that nice, some of the larger bond holders in GM are pension-funds.

We’re giving GM billions, up to fifty billion by some estimates and how do they thank us? By shipping jobs to China and Mexico.

GM was going manufacture a small compact car in China and then ship them back to the US for sale. The UAW kept up the pressure to keep this from happening and now part of the bail out plan includes GM manufacturing a compact car here in America.

Interviewed on the Newshour Treasury Secretary Timothy Geithner was asked if he was going to pressure GM not to ship jobs to Mexico, which the Secretary refused to answer, stating it is important to remember that they’re restructuring GM to come out as a viable company in the future without government control. This is their story; government take over to restructure, creating a more viable company providing American jobs in the future, even the president’s press secretary recites this same line.

Why are these people calling the shots at GM? Why isn’t our government demanding GM keep jobs in this country? Why doesn’t the tax payer deserve a vote on how this bail out is handled or even allowed to occur for that matter.

It was Steve Rattner who fired Rick Wagoner the CEO of GM. If that doesn’t’ beat all, a corporate crook firing a corporate crook. As seventy percent owners in this new and improved GM corporation we should do some firing of our own. First lets fire whoever is responsible for the restructuring plan which included shipping jobs to China, South Korea, Japan and Mexico.