The Fed Grants $7.77 Trillion in Secret Bank Loan - Now Do You Understand Occupy Wall Street?

[G_j]

Run time: 03:12 https://www.youtube.com/watch?v=oUpXDZFtEHw   Posted on YouTube: November 29, 2011 By YouTube Member: DJKucinich Views on YouTube: 2672   Posted on DU: November 30, 2011 By DU Member: G_j Views on DU: 7110

 

[RUMMYisFROSTED]

1. I'm not sure I like your tone.

:shrug:

[G_j]

2. was it your rec that

just disappeared? perhaps it was a resident bankster?? :shrug:

[freedom fighter jh]

3. "We need the NEED Act."

What we need is a whole lot more people in government like Dennis!

[Jack Rabbit]

4. K/R

I'm beginning to understand why some of my libertarian friends want to do away with the Federal Reserve altogether.

As of now, I don't so much see a reason to do away with the Fed as much as I simply see a reason to replace the Fed's current Board of Governors. Whatever central banking system we have, it must be transparent and responsible. Creating money just in order to give it to the banks is far from responsible.

[defendandprotect]

22. Thom Hartmann was discussing FED today ---

Couldn't pay absolute attention, but evidently when we borrow from the FED

they don't profit directly, but it gets worked thru various of their private

banks which do private.

Anyone else listening today?

[bvar22]

5. Dennis Kucinich, once again taking the LEAD...

...in standing UP for the 99%.
I wish other "Democrats" would follow.
If they DID,
America wouldn't NEED an OWS.



You will know them by their WORKS,
not by their excuses.
Solidarity99!
--------------------------------------------------------------------------------------------------------------------------------

[Enthusiast]

6. Nice! Kicked and recommended!

Way to go, Dennis!

[Scuba]

7. K&R Thank you Dennis.

[AlecBGreen]

8. Right on DK!

"does there exist a more graphic example of how thoroughly rotten this financial system is?"

[Fire Walk With Me]

9. K&R! I wanted Dennis to be President but they forced him out early.

Shows how frightened of him they are.

[kas125]

15. Twice!! n/t

[NorthCarolina]

10. K&R

[pnwmom]

11. I don't know the specifics of the NEED Act, but it sounds like

the kind of thing OWS should strongly get behind, instead of refusing to endorse anything specific and pushing only for a vaguely defined "change."

[sabrina 1]

19. They have endorsed specific issues. What do you mean

'vaguely defined change'. There is absolutely nothing vague about what they are demanding. Have you been following this at all, or just following Erin Burnett, the Goldman Sachs poster girl and her buddies in the Corporate media?

That is why Kucinich endorsed THEM. Because they are the ONLY voices making specific demands.

[Lorien]

38. This is "vague" to you?

A major Objective of Occupy LA is to END CORPORATISM on the National, State and Local levels. We define CORPORATISM as the merger between Corporate and State Power. Some examples of this nexus are:

· the pervasive influence of lobbyists throughout government
· the revolving door between the private and public sectors as corporate executives and lobbyists become governmental regulators and legislators and then move back into the private sector again.
· the awarding of public contracts to private politically and economically connected interests
· the dependency and predominance of the public Electoral process on private and Corporate funding
· commonplace legislative action blatantly prejudicial to the public interest and grossly beneficial to favored Corporate interests
· the elevation of Corporations to the legal status of persons
· wars waged in the interest of Corporate profits.

As long as the above described condition is allowed to persist, the interests of the People will be prejudiced in favor of the Corporate interests of the 1%. We will seek out all peaceful means, including citizen legislative, legal and protest action to END CORPORATISM."

[Jim_Shorts]

12. Just like having a money tree in your back yard

[RoccoR5955]

13. K & R For Kucinich! n/t

[dotymed]

14. When JFK was President, didn't he propose eliminating the

FED about a week before he was asassinated?

[kster]

16. Audit the feds, I believe, Dennis makes the left feel like they are making a difference

thats his job, HR 6200 comes to mind...

Will Kucinich Reintroduce HR6200- Hand Counted Paper Ballots?

No matter how much time and energy progressives spend attempting to change the direction of the country, none of it matters without real election reform before the next election 2008. Last October Congressman Kucinich introduced HR6200 as reported by DUer "Land Shark"

ANNOUNCEMENT: “Introduced, 20 co-sponsors HR 6200 -paper ballots, hand counted, results posted at precinct. This bill came from this movement.

This weekend in Cleveland Ohio, the “We Count Conference” have been hearing from great speakers about election fraud and the movement to return accountability and integrity to US elections. Speakers included State Sen. Marc Dan, Greg Coleridge, Paul Lehto, , Ron Baiman PhD, Jonathan Simon, Richard Hayes Phillips PhD , Bob Koehler , Bob Fitrakis, Harvey Wasserman, & Mark Crispin Miller. The highlight of the event was Congressmen Dennis Kucinich and his announcement of new legislation as reported by DUers Autorank and LandShark…

I’m at the We Count 2006 Conference in Cleveland. After a break for dinner, we resumed with an address by Dennis Kucinich, D, OH. He made the remarks below and then announced that he’s introduced H.R. 6200, a bill to guarantee that the 2006 election will be conducted on “hand counted, paper ballots, counted and posted at the precinct level” with the process open to all to observe. This was a real stunner. There is some legislation out there on stop gap measures but this is the whole 9 yards, the ultimate in election intgrity - Machines are Gone under this legislation…GONE.

http://www.opednews.com/articles/genera_nadia_go_070729_will_kucinich_reintr.htm

[defendandprotect]

23. Returned power to print money to the Treasury -- "TREASURY NOTES"

are collectors' items now -- but it did happen!

[Eagle Atarian]

24. Abolish the FED

http://abolishthefederalreserve.org/


JFK and the Fed


On June 4, 1963, John F. Kennedy signed a virtually unknown Presidential decree, Executive Order 11110 , a mere four months before his assassination on November 22, 1963. This decree returned to the U.S. Federal government, the Constitutional right to create and "to issue silver certificates based on any silver bullion, silver, or standard silver dollars in the Treasury."

This meant that based on the amount of silver physically held in the U.S. Treasury's vault, the government could introduce new money into circulation. As a result, more than $4 billion of new "Kennedy Bills" were created through the U.S. Treasury and were put into circulation in $2 and $5 denominations. $10 and $20 United States Notes (USN) were being printed by the Treasury Department when Kennedy was assassinated, but were never put into circulation. It appears obvious that President Kennedy knew the Federal Reserve Notes (FRN) being used as the purported legal currency were contrary to the Constitution of the United States of America.

Kennedy knew that if the silver-backed USN were widely circulated, they would have eliminated the demand for FRN. This is a very simple matter of economics. The USN was backed by silver and the FRN was not only backed by nothing of intrinsic value, but was also an instrument of debt. Executive Order 11110 should have prevented the national debt from reaching its current level (virtually all of the nearly $9 trillion in federal debt has been created since 1963).

Had LBJ or any subsequent President enforced Kennedy's Executive Order 11110, It would have almost immediately given the U.S. Government the ability to repay its debt without going to the private Federal Reserve Banks and being charged interest to create new "money". However, in 1964, Kennedy's successor, Lyndon B. Johnson "caved in", stating that, "Silver has become too valuable to be used as money." And thus the Kennedy bills were removed from circulation.

"Cognizance is commensurate with courage" RNM

[Eagle Atarian]

26. History is repeating itself

When I was a kid my favorite teacher (my history teacher) always told us how important it was that we children study hard in school but especially her history class!

She told us we MUST learn from history or it will repeat itself.

IF we don't learn (what our mistakes were) history WILL repeat itself


This link is a great way to see THE HISTORY (currency Banking and the Fed) and see, just how it is that history, is obviously once again, repeating itself...

The information is condensed and plainly stated, easy to read, easy to understand, and a very thorough presentation

http://abolishthefederalreserve.org/




"Cognizance is Commensurate With Courage"... RNM

[civilisation]

27. exactly why it will not happen!

With unlimited free money comes the desire to keep getting the unlimited free money,.. people kill one another for a pair of shoes,. they will blow up office towers to hold onto this unlimited power!

[bertman]

17. We NEED to get corporate money out of our elections. DK still has my confidence

but he is only one of a few voices in a hurricane of insane noise.

REC.

[sabrina 1]

21. He needs people in Congress who will back him.

It's more than clear now that most of them will not, which means most of them need to go. If they were replaced with people who like Kucinich, put the country first and represented those who elected them, he would have passed bills that would have straightened this country out long ago.

When people say 'he is not effective' without explaining why, that is an attempt to hide the fact that he is and has been so right about most issues for years now. I don't know how he stands working with the dishonorable people he has to try to work with every day.

[bertman]

40. Agree 100%, sabrina 1. nt

[RufusTFirefly]

18. For Dog's sake, why is there only one Dennis Kucinich? Are we that screwed up?

Horizontalism!!

[sabrina 1]

25. Good question!

[Kaleko]

39. The answer is yes.

[Bozita]

20. DK for President! He gets it. Nobody else seems to.

[civilisation]

28. People are starting to realize, the system itself is broken!

Money is debt. See; http://www.moneyasdebt.net/

As long as some can generate unlimited money/power from a system that takes it from the many for the needs of the few there will be no justice or peace, and the world will continue to degrade and kill itself.. ,

However, another world is posible.

Search; Permaculture, Degrowth, Relocalize, SlowMoney,. etc.

[florida08]

29. Corporate welfare

is socialism but they call it capitalism. Printing money backed by nothing is fraud. The Fed is a crime syndicate that's protected by our government and they work for Wall St.

[AlbertCat]

30. The only problem...

.... is giving Congress the power to do anything sounds just as scary as the problem trying to be solved.

[proud progressive]

31. eisenhouser was right!!!!

paul/huntsman 2012
fuck that warmomger obama

[Douglas Carpenter]

32. this is a video that really must go viral!!! knr -- post it everywhere send to you address liists

http://www.youtube.com/watch?v=oUpXDZFtEHw

[G_j]

36. agreed, and it's easy to share on Facebook

pass it on!

[MurderCity]

33. Just gets worse and worse

smdh

[Ken Burch]

34. And of course, this is the man we DON'T DARE EVER NOMINATE for president

because it's just too big a deal that he's short and plain-looking.

:eyes:

[G_j]

37. unelectable.. unelectable.. unelectable....

repeat ...repeat....and repeat again..

used to hear it right here, over and over..

[Name removed]

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