NP Rank:
Proclaim Jubilee Throughout the Land! [Abolish the Fed]
Phil Gramm tells people to "quit whining" when he had much to do with the deregulation of the banking industry and the involvement of wall street that blew up the housing bubble and burst it. People are generally willing to work for money that will put food on the table, pay the bills, buy clothes and enable them and their family to live in a safe neighborhood, and most people are happy to shop and seed the economy when they have extra money, as well as save and invest. However, our money system is owned and controlled by private banks (our economy in general, plus our elections, media and politics are also heavily influenced and manipulated by corporations) and it is run for the benefit of a minority of private interests, even when the public interest is perverted.
Why, when the Constitution authorizes Congress to COIN money, has that power been outsourced to a badly managed private corporation (the Federal Reserve) which has replaced money back by gold with a system of credit backed by lies? Money is only worth what we all agree.
Why not nationalize it and create a system of 0% home loans?
All that money does not need to be going into the pockets of bankers; it could be going into people's savings, or back into the economy. People in an industrialized/information society need, want and are willing to work for money (even though you can't eat it, and it's only worth anything as long as we all believe it is); it's not like you have to create a market for it, or that it will go away if no one can make a profit from it; let's cut out the middleman, who is doing nothing good, and screwing it up for everyone. Money is part of the commons, as is the economy, the environment, air, water, elections; secretive private interests should not be trusted with the public good, history shows that it gets abused. An open, transparent, accountable system that works for the benefit of all people is not only Constitutional and just, greater economic prosperity will result.
So what does America stand for?
Are we really a Christian nation that stands on the tenets of forgiveness and “To do unto others as we would first have done to us?”
It is at this moment that we may hold the golden key to living on earth as it is in heaven. If is is the truth that will set us free, may we have the faith to seek it.
Congress has just acted to aid 400,000 households in foreclosure, of an estimated 2,500,000 this year and 3,000,000 in 2009. If we don’t do better than this for families who were lured into a trap designed for the profit of others, what can be our claim to virtue–Christian or otherwise?




Most RecentMost Recommended Comments (4)
at 09:37 on August 30th, 2008
Erik Larson, I like this story. It's good stuff.
at 10:09 on August 30th, 2008
Erik Larson, I like this story. It's good stuff.
at 10:57 on August 30th, 2008
thank you Resonant Earth and Paschen, and I just remembered to add the opinion flag!
at 12:15 on August 30th, 2008
I really loved reading this article, you are right in everything you have written here, it is too bad that the people are in such a position of want and need, when there is more than enough wheath to go around, every family should experience the comforts of having a HOME. It is a terrible trajedy the bankers and others who benefit from the labor and ignorance of the "grassroots" people would use the threat of poverty, and Homelessness to fuel their lusts for MORE at the expense of the poor..