Federal Reserve Bank
Treasury Department Federal Reserve Bank
The transition back to real money will be during a bi-currency period. During this bi-currency period, the US Mint will get up to speed producing real money coins and real money paper certificates. All real money paper certificates will be directly allocated between issued certificate serial numbers and actual respective bullion in the Federal Reserve Bank of the US Dept of the Treasury. The Federal Reserve System is actually a private bank, subject to undue influences of the Banksters and Greedsters, as another con job by the Government upon the people. That con job stops 2016.
The Federal Reserve System is a private bank system that has utterly failed the American people, and has lost 99% of the value of the paper dollar, and is in the process of utterly destroying the inherent value of the FRN currency, which is currently an irredeemable ponzie coupon, that is used to support the fascists in DC with their national debts and fiscal deficits, collectively used to sustain their self-centered power lock on American politics, offering no real choice in the voting booth, and to buy votes through the nanny granny state, so as to enslave all Americans as tax mules and state dependents. The FRN receives inherent value through the use of IRS income taxes under threat of imprisonment for tax evasion. Our FRN currency value is based upon state threats of imprisonment, how quaint. The FRN and IRS income taxes are the two tools used by the totalitarians in control of the nation to enslave the people. The Federal Reserve System as used today shall be abolished. Its carcass shall be nationalized and placed under the US Treasury Dept as the Federal Reserve Bank (FRB), and it shall have a chairman reporting to the Secretary of the Treasury. The chairman shall have a board of governors. The Federal Reserve Banks shall adopt existing Federal Reserve Districts, each with a satellite Branch Federal Reserve Bank with respective vault depositories. Thus, the US Dept of Treasury shall have the Federal Reserve Bank located in DC, with branch Federal Reserve Banks located in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco, with a central Federal Reserve Bank located DC having a FRB chairman and a Board of Governors.
The entire Federal Reserve System will be nationalized by the US Government and placed in the Dept of the Treasury as the US Federal Reserve Bank FRB. The US Federal Reserve Bank will be used for vault depository storing of Real Money and transitional temporarily FRN currency. The US Dept of Treasury Federal Reserve Bank will be an administration post in the executive branch of Government no longer under the influence of the Banksters and Greedsters. Congress shall enact laws regarding the nationalization of the Federal Reserve System. The US Dept of Treasury Federal Reserve Bank will be responsible for vault depository storage of allocated real money coinage and bars and respective certificates. The FRB shall have stated interest rates for real money saved at the FRB and loans from the FRB. State and private banks can easily adopt the FRB money system and FRB interest rates. The FRB shall set the rate of exchange between Silver Dollars and Gold Dollars.
Derrick Michael Reid, being an engineer, inter alia, and having a long standing family history in the tool and die industry dating back to the 1950s, understands the money making processes, and has heretofore actually designed tools for tool and die shops going back 40 years. Derrick Michael Reid, as a political and monetary visionary and a monetarist, has personally designed exactly real money bar specifications with patentable proprietary process methods of manufacturing US Minted Bars at the US Mint for storage at the US Dept of Treasure, Federal Reserve Bank.
The US Dept of Treasury Federal Reserve Bank shall be responsible for redeeming FRN notes at stated rates of redemption during a redemption period. A holder of a FRN can finally redeem a FRN at any of the Branch US Federal Reserve Banks and obtain immediately redemption thereat, that is, to be paid gold and silver real money on the FRN, the redemption being real money gold and silver coinage, bars, and certificates during the redemption period at a lawful rate. Silver coinage, bars and certificates shall be used as the American currency in circulation and shall be commonly used for commercial prices and common exchange. Gold coinage, bars and certificates can be used commonly for exchange into silver coins, bars and certificates, but generally in larger denominations for long term savings. The individual states can adopt the bar manufacturing process for minting 5oz 10oz 20oz 100oz 1000oz Silver and 2oz 10oz 20oz 100oz 400oz Gold bars as the bar minting process is a universal process design adapted for any unique state. State minted 5oz 10oz 20oz 100oz 1000oz Silver and 2oz 10oz 20oz 100oz 400oz gold bars can be exchanged at the FRB for US coinage, bars and certificates. Thus, the Federal and State money complex shall be effectively the same, with no limitations as to state minted production of qualified 5oz 10oz 20oz 100oz 1000oz Silver and 2oz 10oz 20oz 100oz 400oz Gold bars using the bar minting process, for exchange at the FRB for US Minted coinage, bars and US printed certificates, so that the individual states can produce real money and acquire US minted real money in quantity as desired.
The US Mint already currently produces 1 oz Silver Coins, the American Silver Eagle (ASE). The US Mint already currently produces 1 oz Gold Coins, called the American Gold Eagle (AGE). The US Mint will transition from current coinage production complex, to a new coinage production complex during the transition period. The AGE, ASE and lesser denomination of 1/10, 1/4 and 1/2 oz can be minted in quantity now at the US Mint, so that the US Mint can immediately support now real money in circulation for economic uses. Thus, the US mint is already set up to produce much of the coinage desired to start the usage of real money in circulation, and will have time to expand the production lines to include a few new real money coinage types. As used herein, US Minted real money bars are considered coinage, and such bars are specifically designed for optimum space stacking in US Dept of Treasury, Federal Reserve Bank vault depositories, or at any state or private bank. There shall be no prohibition against private persons exchanging US Minted gold and silver coinage, bars, and certificates. It shall be a federal crime to intentionally destroy a US Minted coin, or bar, or printed certificate as enacted by Congress.
The US Mint will stop producing useless coinage and paper scripts and commemorative coins, such as, the $1 copper dollar, the 2$ bill, Buffalo gold coins, and like unnecessary money coins and notes, for maximum cost effectiveness.
Private and State minters can make coins and bars having the same outer dimensions, purity, and weight of US Mint silver and gold coins and bars, and hence be stacked with and like US Mint official Silver and Gold coins and bars, provided such private and state minted coins and bars have the same silver and gold content and clearly embossed with distinctive private minter trademarks or state emblems, so as to avoid confusion in the market place and in private and public banking and in private depositories, so as to allow private and state minters to support the creation and promote the use of standardized real money gold and silver coinage and bars in the United States.
The FRB shall accept State qualified minted 5oz 10oz 20oz 100oz 1000oz silver and 2oz 10oz 20oz 100oz 400oz gold bars as part of the FRB vault depositories. US Mint, Bureau of engraving can issue silver and gold certificates on State 5oz 10oz 20oz 100oz 1000oz silver and 2oz 10oz 20oz 100oz 400oz gold bars deposited with the FRB. All silver and gold certificates shall be 100% and respectively backed by deposited gold and silver coins and bars in FRB vault depositories. US Mint, bureau of graving, issued certificates and US Minted coins, bars and certificates shall be legal tender in the United States. The FRB may exchange US Mint and state 5oz 10oz 20oz 1000oz silver and 2oz 10oz 20oz 400oz gold bars with gold and silver US Mint, Bureau of engraving certificates, as fungible legal tender. States may make 5oz 10oz 20oz 100oz 1000oz silver and 2oz 10oz 20oz 100oz 400oz bar with state emblems embossed thereon with the term "dollar" embossed on them, but not private minters. States may make 1/10 1/4 1/2 1oz silver and 1/10 1/4 1/2 1oz gold qualified coins of the same dimension, purity and weight as US Minted coins with state emblems emboss thereon and the term "dollar" embossed on them, but not private minters.
States and US Mint may emboss Comex Deliverable 1000oz Silver and 400oz Gold bars with Federal Reserve Bank Seals and State Seals, using the term "dollar", and exchange them for respective $1000 Silver certificates and $20000 Gold Certificates, where such Comex deliverable bars may be stored in depositories at the Federal Reserve Bank of the US Department of the Treasury.
Each certificate would have a stated time duration for redemption into FSB coinage or exchange to new certificates, to keep effective track of any lost, and innocently destroyed certificates, so that bullion stored at the FSB matches certificates in circulation, and so that US paper certificates can not be stored over seas indefinitely in foreign powers, by oligarchsters, and by banksters possession to prevent nefarious usage of US money, but such certificates must be or would be repatriated in the US, so that, US bullion, that is US real money and coinage, is kept within the US and used to power the US economy, and as such, exports for bullion and US minted real coinage would be likewise prohibited to leave the country, so that real money in the US can not be accumulated by foreign powers to manipulate US currency, the US economy, enslave the US people, and bullion money stores of the US. Thus, at points of entry into and exit from the US states, all bullion and coinage can be exchanged for certificates used as foreign currency, but all bullion and US minted real coinage stays within the US. As the US moves to real money, so will the rest of the world, over time, as hot wars are replaced by competitive trade wars, as it should be, and as fiat money is replaced by real money world wide, so as to keep the US strong and financially secured, during the continued ascent of man world wide.
The Federal Reserve Banks shall function as a secure depository of federal and state bullion with respective seals and "dollar" printing, by way of 100% fully allocated gold and silver certificates, which gold and silver can not be encumbered in anyway by the Federal Reserve Bank. US sales taxes can be used to purchase private supplies for manufacturing gold and silver bars and coins. Federal Reserve bank can loan excess gold and silver bar and coins, for procure physical assets, or pay federal employees, by way of certificate, providing such loans, procurement, and pay are only for supporting vital federal interests.
Transition from FRN to Real Money
The Bi-Currency Transition from FRN to Real Money
================== Silver Money In Circulation ================
0.01oz Silver Clad Coin, Zinc body Silver Clad Penney
0.05oz Silver Clad Coin, Zinc body Silver Clad Nickel
0.1oz Silver Coin, American Silver Eagle, 1/10 oz Coin Dime
0.25oz Silver Coin, American Silver Eagle, 1/4 oz Coin Quarter
0.50oz Silver Coin, American Silver Eagle, 1/2 oz Coin Halves
1oz Silver Coin, American Silver Eagle, $1 Silver Certificate
5oz Silver Bar, DMR Proprietary Design, $5 Silver Certificate
10oz Silver Bar, DMR Proprietary Design, $10 Silver Certificate
20oz Silver Bar, DMR Proprietary Design, $20 Silver Certificate
100oz Silver Bar, DMR Proprietary Design, $100 Silver Certificate
1000oz Silver Bar, Comex Deliverable, $1000 Silver Certificate
============ Gold Coin, Bars, Certificate Exchanges ==========
0.1oz, Gold Coin, American Gold Eagle, 5$ Gold Certificate
0.25oz, Gold Coin, American Gold Eagle, $12.5 Gold Certificate
0.50oz Gold Coin, American Gold Eagle, $25 Gold Certificate
1oz Gold Coin, American Gold Eagle, $50 Gold Certificate
2oz Gold Bar, DMR Proprietary Design, $100 Gold Certificate
10oz Gold Bar, DMR Proprietary Design, $500 Gold Certificate
20oz Gold Bar, DMR Proprietary Design, $1000 Gold Certificate
100oz Gold Bar, DMR Proprietary Design $5000 Gold Certificate
400oz Gold Bar, Comex Deliverable, $20,000 Gold Certificate
========== FRN Irredeemable Coupons and Tokens Currency ======
Penny Copper Clad Zinc Coins, Irredeemable FRS Tokens
Nickel, Nickel Clad Zinc Coins, Irredeemable FRS Tokens
Dime Silver clad Copper Coins, Irredeemable FRS Tokens
Quarter Silver clad Copper Coins, Irredeemable FRS Tokens
Halves Silver clad Copper Coins, Irredeemable FRS Tokens
1$ Federal Reserve Notes, Irredeemable FRS Coupons
5$ Federal Reserve Notes, Irredeemable FRS Coupons
10$ Federal Reserve Notes, Irredeemable FRS Coupons
20$ Federal Reserve Notes, Irredeemable FRS Coupons
50$ Federal Reserve Notes, Irredeemable FRS Coupons
100$ Federal Reserve Notes, Irredeemable FRS Coupons
USA FREE SILVER
The Federal Reserve System was created 100 years ago, and first duped the people into certificates, to get the feel of paper, and then printed notes, which became irredeemable, and thus ended with the con job on the American People, with the FRN aka, the irredeemable ponzie coupon, which must be printed in exponential amount to feed the totalitarian socialists in DC. The Federal Reserve System has managed to lose 99% of the value of the paper dollar, to perfect a scam upon the American People, to enslave us Americans with a National Debt and Fiscal Deficits and Income Taxes and Income Tax Filings. IT STOPS 2016. The national debt will be eliminated. The totalitarian tools of income taxes and the FRN will be abolished. The Federal Reserve will be abolished. The FRN will be abolished with a return to real and honest money. Real and honest money will return to the USA. The nation will be debt free, and the people will no longer be enslaved to Government and no longer indebted to the Banksters and Greedsters. This 100 year con job has gone on long enough.
FREEDOM FOR THE PEOPLE
NO MORE NATIONAL DEBT!
NO MORE INCOME TAXES!
NO MORE INCOME TAX FILINGS!
NO MORE FEDERAL RESERVE SYSTEM!
REAL AND HONEST MONEY!
The states created the federal government for the collective benefits of the states and the republic was born with liberty and freedom won the day. The republic has at it core, a limited federal government of enumerated powers, all else reserved unto the states. The enumerate power of the federal government concentrate in regulating interstate commerce, minting of real money, and defending the homeland with armed forces supported by state militias. The proposed, mutually exclusive tax regime furthers the republic, by having a federal sales tax and states in re property taxes. The many states are by and large already set up to collect sales taxes for transfer to the federal government and property taxes to be used in large measure to support necessary safety nets for the citizens of the respective states.
Sales taxes would follow a uniform federal code that might allow sales tax exemptions for the necessities of life, particularly food stuffs. State property taxes can be progressive to assist the poor, retired, disabled, and disadvantaged. The IRS function would be more along monitoring state sales tax collection for transfer to and support of the limited federal government. Foreign and domestic ownership of US lands would favor US citizens as property taxes are collected by the states and return to the citizens by way of state safety nets. Inheritance taxes, income taxes, and corporation taxes would be abolished. All tax and fee takings between contractor to contractee, and employer to employee would be abolished, under federal plenary power, to further societal efficiencies and economic growth. State and Federal seizures of property and accounts for unpaid taxes, court judgements and child support, and the like, would be limited to seizures of personal and real property located.
Federal sales taxes and state property taxes would not be used to incentivize social behavior as the federal government has no business social engineering and centivizing the people, but rather rely on laws of economics to control using negative feedback inherent in economics. The federal sales tax punishes consumption as a direct means to encourage green peace, a legitimate federal interest. Foreign and domestic ownership of land and corporations would generally be allowed, but as corporations with real property located in the US and sales operations in the US would pay property taxes and sales taxes that are in turn used to support US citizens, state governments, and the federal government, place foreign ownership of real property and corporations at a disadvantage to US citizen ownership for preserving America for the benefit of Americans.
During the transition bi-currency phase, the federal government would use QE in many ways to rebuild the economic fortunes of main street and the poor and middle classes. For example, the department of education would be down sized with the elimination of the student loans, reducing pressure on tuition increases, liberating graduating student from debt burdens, while placing state university back under the exclusive management of state governments per the republic, while providing direct aid grants in support of legitimate federal interests. For another example, long standing, low value, home mortgages would be paid off through federal QE, to support a rebirth of the middle class. Large to-big-to-fail banks would be allowed to failed, sized by the US government, and partition for sale back to the finance world, similar to an anti-trust break up of monopolies. There may be a one-time tax on the super rich who have profited from FED led QE resulting in wealth transfers from the middle and poor classes to the top 1%, used as a remedial one-action to restock gold and silver bullion in the Federal Reserve Bank (FRB) of the US Treasury. The purpose is remedial, without destroying industrial chieftains, who power through investments, the US economy. The FED would be nationalized to end corruption, provide domestic nation-wide interest rates, and coordinate with the ESF, for controlling forex exchange rates and securing gold and silver mine supplies for enabling a return to real money in circulation. The FRB would also engage in the acquisition of state and muni bonds to lessen the debt burdens and insolvency of the state and municipal governments during this transitory bi-currency phase, with state and municipality subject to protection of federal bankruptcy laws. The state would compete for the most cost effective delivery of safety nets, and the free loaders.
The massive QE used by the federal government in support of the middle and poor classes would by design monetarily to inflate the FRN and collapse its value intentionally, and when bullion prices have reached a high enough level, call in FRNs at a very high exchange rate to bullion coinage on deposit with the FRB, thereby ending paper fiat currency in a massive reboot back to real money, thereby eliminating all US Treasury notes, US Treasury bonds, US interest rate payments, placing the federal, state, and municipal government on pay-go status, thus replacing the FRN as the world reserve currency with bullion as the world reserve currency, for international trade fairness, for honest domestic money, and for honest markets. Export controls would be had to prevent bullion from being exported and to maintain balance of international trade.
The US government, through the FED, has defaulted repeatedly, by destroying the value of the dollar over the last 100 years, losing 99% of its value, and continues to intentionally default through targeted inflation, resulting at last to a US government bond downgrade in view of 250T$ of unfunded liabilities, 18T$ in national debt, and 1T$ fiscal deficits, years after year after year, with no plan to recovery the Good Faith and Credit of the US Government. That will quickly change.
All 600 prior fiat currencies during the ascent of man have failed, lasting an average of 40 years, and Nixon did close the gold window in 1971, as politicians over spend, and bullion has always come to the rescue, having a 5000 year history of intrinsic value, to reboot an economy with real honest money upon fiat currency collapses due to deficit over spending. The bi-currency phase plan is nothing less than historical tried-and-true means to recover from a failed fiat currency regime, that modernly has been used by the US government to dominate the world money flows and unfairly project ignoble US government foreign policies world wide.
A fiat dollar has inherent value based upon threat of imprisonment for tax evasion. A real dollar has intrinsic value per se. A fiat dollar is a counterfeit constitutional dollar. The fiat dollar losing 98% of value compared to a constitution dollar. A constitutional dollar is real money having intrinsic value with no counter party risk. A fiat dollar is debt based currency note used as a medium of exchange, printed in trillions as irredeemable ponzi coupons.
Lets do a running recap on the FED, the Federal Reserve System that was created 1913. Coupled taxes, fiat money enables enslavement of the people. FED printing presses led to roaring 20s, and collapse in 1930s, leading to war, and 40 million dead. Thanks FED! Over the last 100 years FED has lost 98% of the value of the dollar. Through TARP TWIST ZIRP QE1 QE2 Q3 has painted intself into a corner, raise rates or stop easing, and the economy implodes. FED targets inflation at 2%, which is 2% intentional theft of saving values, taxation without representation. FED is a channel through which corruption of wall street flows onto taxpayers. FED printing enables massive unconstitutional welfare state. FED printing enables the leftist pandering political machine to promise goodies for cementing leftist political power. The FED in combination with bullion banks suppress bullion prices to maintain illusion of a strong fiat dollar, the con game. The FED in combination ESF rigs all markets. There are no more free markets, just interventions. Through ZIRP, CEO's can borrow cheap, buy back stocks, pocket profits, and raise stock values to make the FED look good. Through FED ZIRP, banks can borrow money, manipulate markets for profits. Through ZIRP, stock prices rise at all time highs, yet labor participation at decade lows, with stagnant growth, yet 4.8T$ of "stimulus". The FED note is an irredeemable ponzie coupon that aint worth a continental. Just now the FED balance sheet in exponentiating, the hallmark of a ponzi scheme. In a 1930s replay of "beggar thy neighbor", UK Japan US Russia China EU are now engaged in currency wars, a race to bottom in fiat value. There is a pending FED-led global econo-fiat crash pending, usually leading to world war, and Ukraine is heating up, thanks to HRC. The FED is a private bank, owned by banks, and hence owned by the financial elite and world oligarchs, who are in fact the FED's master. FED policy rewards wall street, at the expense of middle and poor classes, in a great transfer of wealth to top 1% at tax payer expense. The FED is a conduit for corruption, Banker campaign contributions, pandering politicians to cement political power, and to bankster reward by the FED policy. The FED has destroyed our money, corrupted politicians, enriched top 1% at taxpayer expense to detriment of middle and poor classes. The FED is a conspirator in the greatest crime racket of all RICO racketeering, and right under the nose of the American people. Bernake and Yellen know exactly what is going on. Greenspan, getting ready to pass, is finally coming clean with the truth. This FED led ponzi scheme is playing out. FED insults our heroes by printing their faces on ponzi coupons. Mint 1$ Ag has "dollar" as does FRN, which one is the fraud? The Economy is dying, with velocity near nil, with the FED in a corner with no way out. I, and to my knowledge, only I, have a plan to fix it all, but its comprehensive, integrated and sweeping.
By nationalizing the FED and returning to real money in circulation, the collapse of US banking system can be protected. Kicking the Can, is an american slang phrase, meaning to postpone something. Here, the US central bank, the FED, (Federal Reserve System) prints paper money, that is going exponential as indicated on their balance sheet. This is a clear sign of a "Ponzi Scheme" named after a guy who created a scheme, to lure in investors in his scheme, paying off early entrants into the scheme, taking a cut each time, and scheme continues as long as more inventors join at a rapid pace. It is a pyramid scheme, and it goes exponential, until it collapses. The FED money printing is going exponential, and will collapse as do all Ponzi Schemes. Derivatives, are contracts having terms derived from the price of something else, for example, a futures contract, to be paid in future, derived on price of something else. Gold futures are an example. In the BOND market, there are CDS (Credit Default Swaps) which are derivatives of interest rates. If one BOND defaults, that activates CDS contracts. All of the major banks globally are LINKED together by CDS contracts. Banks are under capitalized and present counter party risks. If one BOND fails, it triggers CDS obligations, but the obligated BANK can not pay on the CDS, and the bank is bankrupt. A CDS linked bank does not get paid, and so it fails also, and the linked bank can not pay the next bank in line of CDS chain of obligations, thus a chain reaction of bank failures, like a string of standing dominoes, all standing in line next to each other, and when the first one fails, a chain reaction occurs, and, one by one, all the banks fail. This is why GREECE is such a big problem, even though, the amount, 300 billion $ is small, it will set off a chain reaction, and entire global banking system fails. So, the ECB EU central bank is trying to KICK THE CAN, by giving GREECE another bail out, to loan Greece more money, to put off the inevitable failure of systemic bank failures. Western central banks are kicking the can by QE quantitative easing, by buying bonds, and thus providing money into the system. But this QE has caused central bank balance sheets to go exponential, and like all Ponze schemes, will eventually fail and collapse. But the CBs (central banks) are trapped. If CBs stop QE and the money injections, the economies immediately implode being addicted to liquidity injections, and the global banks implode, but, if they continue QE, the paper fiat currencies go into hyper-inflation mode, and the economies implode from hyper-inflation. So the banks are trapped, and there is no way out, with the risk that all the banks failing like dominoes, and so, the central banks, kick the can, by printing more money through QE bond purchases. Corporation can borrow money at near zero interest rates, for stock buybacks and for manipulating markets, for profits, whereas savers are denied a fair interest rates on saving. Thus a huge wealth transfer to the top 1% at taxpayer expense. Because the wealthy have tangible assets, and the poor do not, inflation from QE robs the poor and gives to the rich. The inequity at tax payer expense is appalling. Thus, the imperative reasons for nationalizing the FED, to save the banking system, to restore honest money, restore honest markets, and stop wealth transfers from the middle and poor classes to the top 1%. I am most capable of managing experts to implement the plan.
There then will be the Federal Reserve Bank that supports state chartered banks covering state in rem property mortgages and conservative investments with state deposit insurance. This core Federal-State banking system will serve the needs of most Americans, and will be regulated for the protection of the people. Wall Street banks and hedge funds will be under less control where banking and investment risks are higher for highly sophisticated investors.
Restructured Taxing, Banking, Education, Justice & Welfare Systems
Constitutional Federalism, Limited Federal Powers, Reserved States Rights
Dept of Treasury
IRS National Sales Tax Exclusivity
IRS Collections of Sales & Corporate Revenue Tax
Criminal Justice Penitentiaries
Green Corp Peace Corp Army Rehabilitation
Federal Reserve Bank
*Commercial Bank Support
*Bail In Confiscation Prohibition
*Credit Card Bankruptcy (Charter Banks)
*Auto Loan Bankruptcy (Charter Banks)
*Student Loan Bankruptcy (Charter Banks)
*State County City Bankruptcy
*Federal Administration Fees
*Federal Education Grants
State Chartered Banks
*Glass-Steagall Act Limited Tier 1
* In Rem Locations & Operations
*Deposit Insurance (Charter Banks)
*Property Mortgages (In Rem Charter Banks)
State Property Taxes Exclusivity
*State Administration Fees
*Bus Train Fairs
*Criminal Justice Prisons
*State Emergency Clinics (O-Care)
*State Emergency Kitchens (Stipend)
*State Emergency Shelters (Stipend)
Federal Social Complex Abolished and Transferred to States
States Decide how much safety nets
(Social Engineering States Rights)
All Net Social Security/Medicad Payments returned,
Abolishing federal Social Security Medicad
Fanny/Freddy Abolished, mortgages discounted to Charter Banks.
All Student Loans forgiven ending federal student loans.
Today 12/12/2015 was a remarkable day, as history was reviewed. The period in question was the 1880s to the rise of T Roosevelt in the early 20th century. Solutions proposed, that will work to solve many social evils, include “state chartered banks” tied to the FED under the control of the Treasury, “real money in circulation” and “wealth transfer elimination” by eliminating debilitating debt and interest payments through the use of fiat currency, as I have proposed, were, today, to my surprise, something not totally really so new in American history. Though the situation is different, the problems and solutions are different, the parallels are remarkable. In 1892 the 3rd party “populus party” proposed “free silver” “Postal Savings Banks” “Anti-trust” break up of the railroads and wall street, the monopolist of the 1890s. Prosperity generally suffered as Republican led absolute laissez faire concentrated wealth in a few at the expense of the many. Some of the solutions proposed now are similar to solutions proposed then, as the problems are similar to the problems then.
Today, silver is not tied in a ratio to gold, but suppressed by the bullion bank manipulation at direction of the FED to keep fiat money alive, fiat money being the tool used to rob the middle class every day and concentrate wealth in the few.
Today, wealth transfer is through the use of that fiat currency to transfer wealth from 99% to the 1%, to corrupt congress, to enrich the banksters and greedsters, as opposed to the solution of the use of glass-steagall state charter banks, as oppose to dodd-frank wall street rape, for protecting local people and businesses from and economically distributing prosperity to those who work, rather than concentrate wealth in the monopolistic corruption centered in wall street.
Today, the wall street banks are to big to fail and to big to jail, as political systems are corrupted, as the judiciary is corrupted, as markets are corrupted, as the dept of justice will not even attempt to shut down criminality. Just note the string of criminal activity JPM, (a per se RICO crime organization) has had over the last 15 years, rigging every market on the planet.
There are many problems today, that will be fixed. The middle class is now a shrinking minority, good jobs are vanishing, 20T$ insolvent national debt accumulates increasingly so, 50m are hungry, 100m are unemployed, the manufacturing base has been destroyed, government functions are corrupted, the Constitution, Republic, Markets and Money all have been defiled, all in the name of wealth transfer to the few wall street and transnational titans.
Here is a copy of the “populus” party platform, of 1892. Ask yourselves if it sounds familiar. Free Silver
The People's party, more commonly known as the Populist party, was organized in St. Louis in 1892 to represent the common folk—especially farmers—against the entrenched interests of railroads, bankers, processers, corporations, and the politicians in league with such interests. At its first national convention in Omaha in July 1892, the party nominated James K. Weaver for president and ratified the so-called Omaha Platform, drafted by Ignatius Donnelly of Minnesota.
Assembled upon the 116th anniversary of the Declaration of Independence, the People's Party of America, in their first national convention, invoking upon their action the blessing of Almighty God, put forth in the name and on behalf of the people of this country, the following preamble and declaration of principles:
The conditions which surround us best justify our cooperation; we meet in the midst of a nation brought to the verge of moral, political, and material ruin. Corruption dominates the ballot-box, the Legislatures, the Congress, and touches even the ermine of the bench.
The people are demoralized; most of the States have been compelled to isolate the voters at the polling places to prevent universal intimidation and bribery. The newspapers are largely subsidized or muzzled, public opinion silenced, business prostrated, homes covered with mortgages, labor impoverished, and the land concentrating in the hands of capitalists. The urban workmen are denied the right to organize for self-protection, imported pauperized labor beats down their wages, a hireling standing army, unrecognized by our laws, is established to shoot them down, and they are rapidly degenerating into European conditions. The fruits of the toil of millions are badly stolen to build up colossal fortunes for a few, unprecedented in the history of mankind; and the possessors of these, in turn, despise the Republic and endanger liberty. From the same prolific womb of governmental injustice we breed the two great classes—tramps and millionaires. The national power to create money is appropriated to enrich bond-holders; a vast public debt payable in legal-tender currency has been funded into gold-bearing bonds, thereby adding millions to the burdens of the people.
Silver, which has been accepted as coin since the dawn of history, has been demonetized to add to the purchasing power of gold by decreasing the value of all forms of property as well as human labor, and the supply of currency is purposely abridged to fatten usurers, bankrupt enterprise, and enslave industry. A vast conspiracy against mankind has been organized on two continents, and it is rapidly taking possession of the world. If not met and overthrown at once it forebodes terrible social convulsions, the destruction of civilization, or the establishment of an absolute despotism.
We have witnessed for more than a quarter of a century the struggles of the two great political parties for power and plunder, while grievous wrongs have been inflicted upon the suffering people. We charge that the controlling influences dominating both these parties have permitted the existing dreadful conditions to develop without serious effort to prevent or restrain them. Neither do they now promise us any substantial reform. They have agreed together to ignore, in the coming campaign, ever issue but one. They propose to drown the outcries of a plundered people with the uproar of a sham battle over the tariff, so that capitalists, corporations, national banks, rings, trusts, watered stock, the demonetization of silver and the oppressions of the usurers may all be lost sight of. They propose to sacrifice our homes, lives, and children on the altar of mammon; to destroy the multitude in order to secure corruption funds from the millionaires.
Assembled on the anniversary of the birthday of the nation, and filled with the spirit of the grand general and chief who established our independence, we seek to restore the government of the Republic to the hands of the ''plain people,'' with which class it originated. We assert our purposes to be identical with the purposes of the National Constitution; to form a more perfect union and establish justice, insure domestic tranquillity, provide for the common defense, promote the general welfare, and secure the blessings of liberty for ourselves and our posterity. . . .
Our country finds itself confronted by conditions for which there is not precedent in the history of the world; our annual agricultural productions amount to billions of dollars in value, which must, within a few weeks or months, be exchanged for billions of dollars' worth of commodities consumed in their production; the existing currency supply is wholly inadequate to make this exchange; the results are falling prices, the formation of combines and rings, the impoverishment of the producing class. We pledge ourselves that if given power we will labor to correct these evils by wise and reasonable legislation, in accordance with the terms of our platform. We believe that the power of government—in other words, of the people—should be expanded (as in the case of the postal service) as rapidly and as far as the good sense of an intelligent people and the teaching of experience shall justify, to the end that oppression, injustice, and poverty shall eventually cease in the land.
We declare, therefore—
First.—That the union of the labor forces of the United States this day consummated shall be permanent and perpetual; may its spirit enter into all hearts for the salvation of the republic and the uplifting of mankind.This platform has questionable socialist parts, due in over reaction, as is Sanders' singing sirens of the moral hazards of socialism, a failed system, but the problems of wealth concentration are real, and notions of To Big to Jail and Real Money are plain for all to see.