It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
“Ten million homes are in jeopardy,” he explained in a recent plea for support published to YouTube. “Fourteen million people out of work. Fifty million without health care. Endless wars. The Fed creates money out of nothing, gives it to banks, banks keep it on deposit, gain interest, pay high bonuses — fat city — while the rest of America falls apart. The Fed creates money out of nothing for the banks. Meanwhile, the rest of us have to be stuck in a debt-based economic system? I don’t think so.”
Along those very lines, The NEED Act calls for “creation of money by private financial institutions as interest-bearing debts” to “cease once and for all.” It would also block commercial banks from betting depositors’ funds on risky investments like credit default swaps and derivatives, essentially restoring the wall of separation between commercial and investment banking that was toppled by repealing the Glass-Stegall Act.
Kucinich was born in Cleveland, Ohio, on October 8, 1946, as the eldest of the seven children of Frank and Virginia Kucinich. His father, a truck driver, was of Croat ancestry; his Irish American mother was a homemaker. Growing up, his family moved 21 times and Kucinich was often charged with the responsibility of finding apartments they could afford.
His platform for 2008 included:
-Creating a single-payer not-for-profit system of universal health care that provides full coverage for all Americans by passage of the United States National Health Care Act.
-The immediate, phased withdrawal of all U.S. forces from Iraq; replacing them with an international security force.
-Guaranteed quality education for all; including free pre-kindergarten and college for all who want it.
Immediate withdrawal from the World Trade Organization (WTO) and North American Free Trade Agreement (NAFTA).
-Immediate repeal of the USA PATRIOT Act.
-Fostering a world of international cooperation.
-Abolishing the death penalty.
-Environmental renewal and clean energy.
-Creating a moratorium on Genetically Modified Organism (GMO).
-Implementation of H.R. 676, which integrates traditional medicine with complementary and alternative medicine (CAM).
-Ban offshore drilling.
-Halt all Biochemical Aerial Spraying of Pesticides and other toxins.
-Preventing the privatization of social security.
-Providing full social security benefits at age 65.
-Creating a cabinet-level "Department of Peace"
-Ratifying the ABM Treaty and the Kyoto Protocol.
-Introducing reforms to bring about instant-runoff voting.
-Protecting a woman's "right to choose" while decreasing the number of abortions performed in the U.S.
-Lowering the voting age to 16
-Ending the War on Drugs.
-Legalizing same-sex marriage.
-Strongly promoting workers' rights.
-Ending the H-1B and L-1 visa Programs
-Restoring rural communities and family farms.
-Strengthening gun control.
-Legalizing medicinal marijuana and decriminalizing non-medical possession.
On December 10, 2003, the American Broadcasting Company (ABC) announced the removal of its correspondents from the campaigns of Kucinich, Carol Moseley Braun and Al Sharpton.
The announcement came one day after a Democratic presidential debate hosted by ABC News' Ted Koppel, in which Koppel asked whether the candidacies of Kucinich, Moseley Braun and Sharpton were merely "vanity campaigns", and Koppel and Kucinich exchanged uncomfortable dialog.
Kucinich, previously critical of the limited coverage given his campaign, characterized ABC's decision as an example of media companies' power to shape campaigns by choosing which candidates to cover and questioned its timing, coming immediately after the debate.
Originally posted by buster2010
He would make the perfect vp for Ron Paul. In some ways they are the same just different parties.
Originally posted by timi0000
I'd watch my back if I were Dennis Kucinich
After Kucinich refused to sell Muni Light, Cleveland's publicly owned electric utility, the Cleveland mafia put out a hit on Kucinich. A hit man from Maryland planned to shoot him in the head during the Columbus Day Parade, but the plot fell apart when Kucinich was hospitalized and missed the event. When the city fell into default shortly thereafter, the mafia leaders called off the contract killer.
Specifically, it was the Cleveland Trust Company that suddenly required all of the city's debts be paid in full, which forced the city into default, after news of Kucinich's refusal to sell the city utility. For years, these debts were routinely rolled over, pending future payment, until Kucinich's announcement was made public. In 1998 the Cleveland City Council honored him for having the "courage and foresight" to stand up to the banks and saving the city an estimated $195 million between 1985 and 1995.
CEI was responsible for numerous violations of federal antitrust law in its attempt to put Muny Light out of business. The Atomic Safety and Licensing Board of the Nuclear Regulatory Commission determined that CEI blocked Muny Light from making repairs to its generator by lobbying the city council to place restrictive conditions on Muny Light bonds. Because of the delay in repairs, Muny Light had to purchase power. CEI then worked behind the scenes to block Muny Light from purchasing power from other power companies. CEI became the only power company Muny Light could buy from. At that point, CEI began price gouging—sharply increasing (even tripling) the cost of power to Muny Light. As a result, Muny Light began to lose money. CEI went to court to demand that Muny pay $14 million in damages for power it had purchased. Former mayor Ralph Perk had intended to pay that light bill by selling the light system, simultaneously disposing of a $328 million antitrust suit the city had filed against CEI.
The Kucinich administration not only stopped the sale, but also kept the lawsuit alive. CEI went to a United States federal court to get an order attaching city equipment. Kucinich moved quickly to pay the bill by cutting city spending. However, Ohio's largest bank, Cleveland Trust (now part of Key Bank), told Kucinich that they would not renew the city's credit on $15 million of loans taken out by the previous administration unless Kucinich would agree to sell. The Council sided with the banks and pressured the mayor to make the sale, but Kucinich's answer was still "No."
Instead, he proposed saving money by laying off 600 employees, including 400 police officers and firefighters, and proposed a $50 million bond issue to pay the Muny debt to CEI. He even agreed to seek an increase in the city income tax, something he had steadfastly refused in the past.
Council was still adamant. George L. Forbes stated that he "spoke to the chairman of Cleveland Trust and he indicated he could go with the sale of the Municipal Light Plant."
As the week dragged on, the mayor appeared on Good Morning America and repeated his vow not to sell. Three of the six banks that held Cleveland's $14 million in notes presented the notes for redemption at the office of the city treasurer at Cleveland City Hall. They stated that they were willing to listen if the city developed "a financial plan satisfactory to all parties involved." Meanwhile, news reporters from around the nation flocked to Cleveland to watch as the situation intensified.
On December 14 at 11 p.m. (EST), Council met to consider a resolution that only gave Kucinich but one alternative: sell Muni Light or claim default.
The Plain Dealer later revealed that Cleveland Trust and CEI had seven interlocking directors, making Trust CEI's bank. Together with another bank, Cleveland Trust owned a substantial share of CEI stock and had numerous other mutual interests.