no more detroits, philadelphia bank solution

[Large Sarge]

http://ellenbrown.com/2013/09/21/no-more-detroits-the-philadelphia-public-bank-solution/

[madfranks]

The main flaw in the current model is that private profiteers have acquired control of the credit spigots. They can cut off the flow, direct it to their cronies, and manipulate it for personal gain at the expense of the producing economy. The benefits of bank credit can be maintained while eliminating these flaws, through a system of banks operated as public utilities, serving the public interest and returning their profits to the public

Seriously, do I even need to begin to take this apart? This is certainly no solution.

[madfranks]

About the author:


Ellen Brown has written what will become one of THE most important books of our time. She eloquently educates us on how the democratization of money is the very foundation of a free society. Ellen brilliantly shows how money can be the current or currency that facilitates the spiritual experience of manifesting our collective intentions for a better world.

Democratization of money is the foundation of freedom? How about no.

[Large Sarge]

she helped setup and design the bank of North Dakota, and North Dakota is the only state prospering during the current malaise...

their bank is having record profits, during the derivatives nightmare....

etc

she is quite smart

[Horn]

Democratization of money is the foundation of freedom? How about no.

If the Democracy represents itself than yes, it is the foundation of freedom.

Paper money should be produced and directed by the will of the people, not their representatives.


http://www.youtube.com/watch?v=0BWuBNeOhGc

[Shami-Amourae]

Philly is only 36% White. No shit it's a disaster. 36% if the population can't support the other 64% of the population.

[Horn]

Philly is full of smart cookies, don't underestimate it.

Any strike against global banking is going to be salved and delivered locally.

[madfranks]

If the Democracy represents itself than yes, it is the foundation of freedom.

Democracy in it's purest definition is mob rule, legislation and direction by the whim of the majority, how is this freedom? Individual liberty is the foundation of freedom, not the belief that the majority of people know what's best.

[Horn]

Individual liberty is the foundation of freedom, not the belief that the majority of people know what's best.

You're free to go exchange madfrank's dollars with yourself.

Otherwise take a side with the 2/3rds majority, or not.

[madfranks]

Otherwise take a side with the 2/3rds majority, or not.

The 2/3 majority on what issue? Fiat paper dollars?

[Horn]

The 2/3 majority on what issue? Fiat paper dollars?

Money loaned buy and for the public's interest, or only money loaned buy and for a privateer's interest.

All free republics were and are built upon a democratic base, and all have but should not, fall prey to misrepresentation or representation only by private, and or governing interests.