It's not about political parties or even liberal vs. conservative...

@debrakcarey (19924)
United States
August 30, 2009 9:28am CST
It's about MONEY AND POWER. http://www.themoneymasters.com/quotations.htm There is a conspiracy and you can call me a nut, but there is historical evidence for it. Here is a synopsis of a dvd that proposes a solution. Ron Paul is who I'm voting for next go round...and I encourage all to consider him in 2012. Monetary Reform Act - A Summary (in four paragraphs) This proposed law would require banks to increase their reserves on deposits from the current 10%, to 100%, over a one-year period. This would abolish fractional reserve banking (i.e., money creation by private banks) which depends upon fractional (i.e., partial) reserve lending. To provide the funds for this reserve increase, the US Treasury Department would be authorized to issue new United States Notes (and/or US Note accounts) sufficient in quantity to pay off the entire national debt (and replace all Federal Reserve Notes). The funds required to pay off the national debt are always closely equivalent to the amount of money the banks have created by engaging in fractional lending because the Fed creates 10% of the money the government needs to finance deficit spending (and uses that newly created money to buy US bonds on the open market), then the banks create the other 90% as loans (as is explained on our FAQ page). Thus the national debt closely tracks the combined total of US Treasury debt held by the Fed (10%) and the amount of money created by private banks (90%). Because this two-part action (increasing bank reserves to 100% and paying off the entire national debt) adds no net increase to the money supply (the two actions cancel each other in net effect on the money supply), it would cause neither inflation nor deflation, but would result in monetary stability and the end of the boom-bust pattern of US economic activity caused by our current, inherently unstable system. Thus our entire national debt would be extinguished – thereby dramatically reducing or entirely eliminating the US budget deficit and the need for taxes to pay the $400+ billion interest per year on the national debt - and our economic system would be stabilized, while ending the terrible injustice of private banks being allowed to create over 90% of our money as loans on which they charge us interest. Wealth would cease to be concentrated in fewer and fewer hands as a result of private bank money creation. Thereafter, apart from a regular 3% annual increase (roughly matching population growth), only Congress would have the power to authorize changes in the US money supply - for public use -not private banks increasing only private bankers' wealth.
1 response
@Destiny007 (5820)
• United States
30 Aug 09
Actually, it IS about liberal and conservative. Conservatives do not believe in Statism, they believe in limited government. Just because someone calls themselves a republican, or even a conservative... if they support the NWO, the UN, and the agenda of these international bankers and financiers that want to control our government and us... then they are not a true conservative. Too many people are confused over the terminology and do not see the big picture. While a lot of people were fooled into thinking Bush was a conservative, the reality is that he was more liberal than conservative. That is the true nature of a neocon. It is another term for liberal-light. We have to abolish the FED and put those criminals in prison. Look back at the members of the CFR, the Trilateral Commission, the Bilderberg Group, and other and see how many politicians and presidents were a member of at least one, and in many cases a member of all three. We will continue to have problems until we get these corrupt individuals and groups out of our government.
@missybal (4492)
• United States
30 Aug 09
Amen! You took the words out of my mouth... well not exactly I couldn't have put it that well. Yes the problem is that people in politics say they're one thing and do another... like Senator Spector... who for I don't know how long was not a Republican. I'm for the Conservative ... the true conservative... and you are correct Bush was NOT a Conservative.
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