The advice of someone from Britain, where we used to have a government-owned national bank - don't do it. It just makes the economic state of the country into a political weapon, far more so than even in your last election. When politicians can decide what money goes where, you have what you guys call 'pork-barrel spending' all over the place. Not a good look.

Methinks the good Mr. Kucinich should stay out of small planes and in crowded places from now on.

That sort of talk can have a negative effect on ones health.

What the hell? Who pissed in his coffee?

This is the first I've heard of recently about this...definitely going to be keeping a very close eye and see where this goes. Let's see if the MSM does any reporting; if anything Mr. Kucinich might be on Rachel Maddow at least it'll get him air time.

I would have thought Dr. Paul would have put this one into play first. Good move nonetheless.

There is one wrinkle in the plan.

Our Legislators have terminated our control of the Treasury. They passed legislation, along with the initial so-called "bail-out" (I prefer to think of it as extortion) they passed 'executive' powers to the Treasury Czar, whose actions and policies are beyond legal challenge, even by that of the traditionally separate power, the Judiciary.

As long as the Treasury is free from accountability for it's actions, as it is now - thanks to them - we really don't have control. Putting the Fed under the Treasury is akin to the Fox guarding the hen-house.

The Treasury Czar is a POLITICAL appointee, and an INTIMATE associate of the Central Banking Cartel of which the Fed is a small (although significant) component. Since the Treasurer either comes directly from the 'financial' industry itself, or is in fact beholden to their machinations and agenda, we can no longer 'win' the struggle against economic tyranny by placing it under the Department of the Treasury. We are paying "our" treasurer to work for them.

The International ministers of finance and the "international' cartel itself are the singular well-spring our ALL our financial maladies. How much more self-evident this can be is beyond me.

Mr. Kucinich intention's, whether righteous or not, are doomed to an ineffectual result. We need to realize that financial doctrine appears to be a religious expression, and as such, such be entirely separate from the state. Unfortunately oversight is pointless without an avenue for redress. Which is precisely what the legislature demolished with the bailout on the 3rd of October 2008..

I seem to remember, back in the dim and distant past, that taking away the power of the Federal Reserve was one of Kennedy's plans and in fact went so far as to have a bill number assigned. Of course unfortunate circumstances meant it never came into effect - go figure.

Man, that guy Kennedy sure made a lot of enemies.

This thread should be renamed: "Dennis Kucenich States His Intention To End His Own Existence."

"

...stop lending credit into circulation and instead of borrowing money from banks and creating debt, governement can spend the money into circulation."

the reason the US currency is the world's reserve currency
is because the Federal Reserve exists,
and It's role as a 'watchdog & oversight'
against the federal government 'spending' money into existance.


In the last year however, the Fed. has assumed the roles of Legislature
and Executive branches of gov't... something they had not done
since it's creation on Jeckyll Island and its institution during the 1913
holiday recess in Congress.


No matter what 'K' gets passed, the Fed is due a payment for the $8.5 Trillion which was requested by the US government...
i beieve the Federal Reserve gets flat rate of the money created out-of-thin-air...@ between 2-4%... go figure -->> 2% of $8 Trillion is What?

probably enough to have the all the FederalReserve's 12 different regional Boards establsh perpetual Estates for All their Families & cousins & posterity for the next 20 generations...
exactly what the founding fathers did not want..
a class of perpetual aristocrats !



[edit on 27-1-2009 by St Udio]

I would hope... that Kucinich follows through on this as far as he can. And when TPTB "JFK" him, the sheep will see the similarities and the number of American citizens that are aware of just what is happening to this country will skyrocket.

\I seem to remember, back in the dim and distant past, that taking away the power of the Federal Reserve was one of Kennedy's plans and in fact went so far as to have a bill number assigned. Of course unfortunate circumstances meant it never came into effect - go figure.\

Thats correct.

but I fail to understand the reason of your smiles...

One can only aplaud this man and wish him to succed.
By the way, only this way, Obama will be able to act independently and not play another puppet president...

Yea you notice their was no applause at the end of his speech?

Gutless wretches in government..

In related news, The Federal Reserve states its intention to put Dennis Kucinich into another dimension.

Replace small time crooks with the biggest crooks known to mankind? No thanks.

How about you abolish the dinosaur that is the Fed instead?

Originally posted by 44soulslayer
Replace small time crooks with the biggest crooks known to mankind? No thanks.

How about you abolish the dinosaur that is the Fed instead?

Then who would control the money? What kinds of banking system would we have? Who controls the supply? You know...that small stuff?