Ok people, want to know where our 'friend' Mr. Kucinich gets his monetary wisdom?
Submitted by Anisha on Fri, 05/22/2009 - 13:08
Here is why Dennis Kucinich came up with his own bill. He is a member of the American Monetary Institute in Chicago.
Here is their website:
I scrolled down and found an article called,
'Here's why the AMI considers the Austrian School as monetarily illiterate and not having done their homework' go here for the highlights of this 'refutation' and a link to the complete 20 pager:
http://www.monetary.org/refute.htm
I am sending this to the Mises Institute for their comments or any rebuttal articles.
Can anyone find out if there are any strings connected with this AMI to Rockefeller, CFR, etc?
»
Austrian answer
http://www.garynorth.com/public/4993.cfm
Gary North answered the whole issue of Stephen Zarlenga, Ellen Brown (Dennis Kucinich, Barney Frank etc) who all want to nationalize the Fed.
Essentially Webster Tarpley - whom Alex Jones interviews - from the Lyndon Larouche chic - advocates the same. They do not believe in the free market, but rather in total govt. control, and actually consistent honest socialists (leftwing of the Democratic Party). On foreign policy there are some basis to work together however.
Remember Peter Schiff has said he would rather have a gold standard than the Fed given over to Nancy Pelosi, who will inflate even much more than the Fed. He mentioned the traditional role of the Fed, like witht he German Bundesbank, with which I agree. The problem is that if the Fed is filled with Keynesian economists, they will want to abolish the gold standard etc. again and want to have full control. So you need to abolish the Fed eventually, after all the debt is paid off.
Milton Friedman was also for ending the Fed. I listened recently to a radio interview with him. I think this is important to note in discussions with the Chicago school, Cato, reason etc. It is not only the Austrian school who want to end the Fed! (a not not give it over to the Treasury).
His difference with Rothbard was with regard to the gold standard, he adcovated a more "sophisticated" monetary system. Essentially what you need is a back, non-fiat currency, but one that can be "expanded" when need be. Ellen Brown has said the gold standard is too volatile to be backing the USD. Well, the thing is gold is priced in USD and it is the USD that is so unstable. Of course there would not be enough gold in the world to back all at say 1000 USD an ounce. So for this reason the gold price may have to shoot up to say 5000 USD or more, or you can have a commodity backed currency where you use a combination of gold, silver etc (maybe copper etc.).
BTW: Ron Paul has said that also the Treasury, not only the Fed, should be regulated, and I 100% agree with that.
Thank you, thank you, thank you, speculor!!!!
Great find. Your comment is very important to me.
Answers a lot of questions regarding gold standard and USD. The article on E.Brown opens up a whole area concerning the Treasury as the next potential system to be regulated properly from the get go.
Maybe this is the wave of the future ?
Are there more people in this country predisposed toward Socialism than Capitalism - more than ever now ?
yes... why? because the
yes... why? because the feds have controlled the schools and have brainwashed what? 5 or 6 generations of people now.. no one can think past their noses!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
What we've seen isn't
What we've seen isn't socialism, it's grand larceny.
You are partially right under capitalist law
Marxism is liberating public property [TARP].
Their is no "redistribution
Their is no "redistribution of wealth" going on as the people have received nothing. Instead the banks have been handed 14.9 trillion to date w/no accountability.
You didn't get your $250 stimulus ?
I got mine and the ink was still wet. I'd write Obama if I was you before they run out of paper !
Run out of paper? Not going
Run out of paper? Not going to happen.
*A "Paper Tiger" with nuclear teeth
"In appearance it is very powerful but in reality it is nothing to be afraid of; it is a paper tiger. Outwardly a tiger, it is made of paper, unable to withstand the wind and the rain. I believe the United States is nothing but a paper tiger." ~ Mao Zedong
*Nikita Khrushchev
A "paper tiger" the nwo is
A "paper tiger" the nwo is neutering.
Crazy like a fox Cammy...
"When the people give way, their deceivers, betrayers, and destroyers press upon them so fast, that there is no resisting afterwards. The nature of the encroachment upon the American constitution is such, as to grow every day more and more encroaching. Like a cancer, it eats faster and faster every hour. The revenue creates pensioners, and the pensioners urge for more revenue. The people grow less steady, spirited, and virtuous, the seekers more numerous and more corrupt, and every day increases the circles of their dependents and expectants, until virtue, integrity, public spirit, simplicity, and frugality, become the objects of ridicule and scorn, and vanity, luxury, foppery, selfishness, meanness, and downright venality swallow up the whole society."
--John Adams
SOUND FAMILIAR????????????
"The Constitution has either authorized such a government as we have had, or has been powerless to prevent it."
--Lysander Spooner
Our Friend...
rather have Marcy Kaptur any day (as far as both "major" parties go)
He's a politician
that knows what side his bread is buttered on.
Didn't the Democrats win ?
Can someone explain to me how Kucinich's bill passed so fast
while Dr. Paul's is taking forever?
Kucinich is a Democrat. And
Kucinich is a Democrat. And is not viewed nearly as crazy and anti-logic as the Ron Paul crowd
Cammy is a democrat
and doesn't read.
"Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has." ~ Margaret Mead
I am talking about the mechanics of passing bills. Does anyone
know why this happened? He only had a few co-sponsors yet his passed right away. Why is Dr. Paul's still sitting there while more and more add to the co-sponsor list? I am confused about this.
Majority party controls
Majority party controls which bills get heard, which committees the bills go to, which bill gets voted on, etc, etc.
It doesnt matter how many co-sponsors it has, especially since they're mostly republicans.
Excuse me cammy, but aren't you the one who is attempting
to sell Campaign material to those very persons who have already financially contributed to this material?
You know the ethical thing would be to send it all back to Ron Paul.
I was answering your
I was answering your question. I paid for those materials, I no longer support Ron Paul, i no longer want those materials.
I didn't get them from Ron Paul. He didnt even run a campaign, it was all 'us'. Perfect example of why decentralized efforts fail.
just go away you richard
just go away you richard cranium......you burned your bridge here.
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Cammy
I like how Kucinich's, Dodd's, Biden's, etc. centralized campaigns all "succeeded"! Paul is not an anarchist, he does give a role to federal govt. as well, so for a campaign it means there must be some centralized as well, but face it, all decentralized efforts got their inspiration from Ron Paul and his ideas. Ron Paul also received little news coverage during the campaign.
Sure the central campaign made some mistakes, but Paul was not as well known and had to build his name. Kucinich run in 2004 and he fared much much worse than Paul.
Campaign for Liberty is one of the largest grassroots organizations already.
I read recently that getting 218 co-sponsors will prevent Nancy
Pelosi from being able to stop a vote being called on this portion of the bill.
Yep...
Here's the rule on discharge petitions: http://www.rules.house.gov/archives/discharge_pet.htm
Thank you for that!
!
I'm pretty sure Ron Paul's bill
had more Democrat cosponsors than Kucinich's.
That doesnt matter.
That doesnt matter. Co-sponsors have no power besides putting their name on a piece of paper.
I was just responding to your remark:
"especially since they're mostly republicans"
You're right, the power positions control almost everything, unless there are at least 218 Reps who are willing to vote for a bill and sign a petition to force that vote. Then that's enough power to trump Pelosi or Frank...
dig all you want
Now I am certain he was either threatened or has something to hide. Just a fact that he is outside of the establishment doesn't mean we can trust him like our president Ron.
I've had it with this little communist.