Kucinich - Health Care, Infrastructure, Federal Reserve Bank
This clip is of Congressman Dennis Kucinich at the 2005 Monetary Reform Conference
Elizabeth Kucinich, his wife, works for the American Monetary Institute.
From the AMI website:
The American Monetary Institute (AMI) is a publicly supported charity, founded in 1996 to present the results of our research in a manner understandable by the average citizen; leading to monetary reforms which bring forth a greater level of economic justice and a more equitable and efficient functioning of government.
This field deserves serious study because while attention is usually focused on the elections of presidents, prime ministers, and representatives, the real outcomes in society - whether there will be general economic justice or special financial privileges for the few - are often quietly determined behind the scenes by the structure of a society’s monetary system.
http://www.monetary.org/
In one AMI report it states:
First, incorporate the Federal Reserve System into the U.S. Treasury where all new money is created by government as money, not interest-bearing debt, and spent into circulation to promote the general welfare; monitored to be neither inflationary nor deflationary.
Second, halt the banks privilege to create money by ending the fractional reserve system in a gentle and elegant way. All the past monetized private credit is converted into U.S. government money. Banks then act as intermediaries accepting savings deposits and loaning them out to borrowers; what people think they do now.
Third, spend new money into circulation on infrastructure, including education and healthcare needed for a growing society, starting with the $1.6 trillion that the American Society of Civil Engineers estimate is needed for infrastructure repair; creating good jobs across our nation, re-invigorating local economies and re-funding government at all levels.
The false specter of inflation is usually raised against such suggestions that our government fulfill its responsibility to furnish the nation’s money supply. But that is a knee jerk reaction - the result of decades, even centuries of propaganda against government. When one actually examines the monetary record, it becomes clear that government has a superior record issuing and controlling money than the private issuers have.* Inflation is avoided because real material wealth has been created in the process.
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Elizabeth works with Stephen Zarlenga, author of “The Lost Science of Money”, here is a excerpt from the book:
“The thesis of this book is that a main arena of human struggle is over the monetary control of societies and that this control has been and is now exercised through obscure theories about the nature of money. If it had to be summarized in one sentence, it is that by misdefining the nature of money, special interests have often been able to assume the control of society’s monetary system, and in turn, the society itself. Describing how this has been done historically will make these concepts vital, and hopefully seep aside the mystification in which money has been purposely shrouded. Guidelines for monetary reform are then presented, to end the private control of monetary systems and instead assert the public societal role to control money under the rule of law, rather than the whims of men” (p. 3).
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Don’t let Big Media choose who will best represent us as a nation, choose the candidate that best supports you.
Kucinich 2008
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Note to Ron Paul supporters: I know the Federal Reserve is very important to you all, as it should be for everyone. I want to let you know you have a natural ally with Dennis Kucinich. Lets hope for a general election between these two honorable men and then let the people decide.
Duration : 0:4:58
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underdog92z said:
everyone go look up …
everyone go look up CONSTITUTION FREE ZONES at the ACLU website
look out your window because THE REVOLUTION WILL NOT BE TELEVISED
c2saint said:
So the current …
So the current system has collapsed. Lets begin!
AINTMYAMERICA said:
Is there anyone …
Is there anyone besides Kucinich and Ron Paul worth anything in Congress? Truth tellers, anti-war, anti-militiarism, frugality and economy in government,anti-federal reserve, oppennes in government, anti-patriot act, etc.
Congress is traitorous. Our money supply is control of a PRIVATE Bank. A predatory lender. THe constitution gives congress the power to coin money. Period. No one else. BUt there is a CONSPIRACY, the same one that killed JFk, that is trying to build A global government.
matthewschark said:
Damn Dennis, good …
Dennis, good job. The speech was good too.
jbryant13 said:
Your 3 recommended …
Your 3 recommended fixes will never occur until the current crop of people in Congress are taken out through a collapse.
Most of them are clueless as to how the system works and are VERY happy about how it works. To them the Fed is a money tree that provides them with all they want to pay for their promises to the electorate (and the sheeple love it - just look at Obama’s supporters).
Unfortunately the complete changes you propose won’t be possible until the current system collapses.
cornfutch said:
so when we fix …
so when we fix everything, how will the rich now there better then us?
ergotilt said:
Nader/Gonzalez have …
Nader/Gonzalez have put together a campaign to push for public health insurance (single-payer), to cut the bloated, wasteful military budget, to reverse U.S. policy in the Middle East, to take nuclear power off the table and to put solar energy on the table, to repeal the anti-union Taft-Hartley law, and to impeach Bush/Cheney.
Obama stands with Clinton and McCain against Nader/Gonzalez on all of these issues.
enomarekim said:
If people actually …
If people actually listened to candidates, rather than treat voting like a popularity contest, Ron Paul would win hands down.
janusaur said:
You can’t “waste a …
You can’t “waste a vote” in a free voting system, however, we DON’T have a free voting system. So, pineappleboy, all votes are irrelevant, including yours…
MainSourceNo1 said:
Im SOOOO GLAD to …
Im SOOOO GLAD to see someone with influence besides Ron Paul telling the truth about the Federal Reserve. I still prefer Ron Paul over Kucinich as a Candidate, but i know that Kucinich reaches a lot of people that Ron Paul doesn’t, and Americans of all political positions need to wake up to the facts about this private banking cartel.
pineappleboy1 said:
LOL @ Kucinich… …
LOL @ Kucinich…what a completely irrelevant candidate. I feel sorry for anyone who ever wasted a vote on him.
icore64 said:
in the name of …
in the name of taxation and investment, can you see where your hard earn money is going?
spawnfree said:
Take what you can, …
Take what you can, give nothing back.
Pirate mantra, or corporate?
Shawneha said:
Fuck Bush and …
Bush and Bush Sr. Hillary Clinton. Obama. Mitt Romney. Hucklebee. JOHN MCCain. John Edwards. Bill Clinton. Colin Powell. Condeleeza Rice. General Petraus. Paul Wlfowitz. Dick Cheney. Robert Gates. Donald Rumsfeld. Micheal Brown. george Tenet. Guliani. Bremer. Maliki. Harmid Karza. Gonzales, liar. This Government period for not standing up for Truth and Justice!!!
michael2B said:
take it from this …
take it from this Canadian, Americans are being ripped off.
Your average life expectancy tells the truth.
AMerica is awakening but perhaps to late the perfect storm is about to roar.
Get your passports in order we don’t take well to illegal immigrants
andersoncouncil65 said:
America pays the …
America pays the most for healthcare (more then people do in Iceland and France through taxes) b/c we have the extra bureaucracy. There is currently millions of different plans. Under Kucinich, there would be one plan: everyone fully covered.
The people have been for universal healthcare for years now. Eventually democracy will take place.
jdoser said:
sicko points out …
sicko points out problems but doesn’t explore the truth about socialized medicine.
dose311 said:
ron paul 2008
ron paul 2008
Segtilt said:
So that “Health …
So that “Health Care” plan isn’t really doing anything _for_ you, it’s actually taking from you. It’s just that it’s not quite as easy to see.
Money solves nothing, it is merely a facilitator for trade.
So when he talks about moving money around, know that he’s not magically creating economic power. You are paying for it. $50 million? Don’t worry, that’ll be coming straight out of your pocket through inflation.
Segtilt said:
It all comes down …
It all comes down to _you_, and your individual liberty. Nobody will solve your health care problems for you. Sure, Dennis says he can get you Health Care for pennies on the dollar. But you’ll end up paying just as much if not more through the invisible tax (inflation) for it in the end!
Segtilt said:
Rememeber, …
Rememeber, government’s doesn’t produce or create anything. All it can do is
a) Take your money (taxes)
b) Print money (Federal Reserve, creates inflation)
c) Hand said moneys out to who they please
So one way or another, the government can only take from one group of people and give to another. Rich people are the same way. They don’t actually _do_ anything, they just shuffle money around. They will not solve any problems.
Segtilt said:
I like Kucinich. I …
I like Kucinich. I recognize that he, at the very least, does not have over-engineered solutions to non-problems. But his solutions are cyclically creating more problems.
He’s speaking about pumping more money, thus he doesn’t solve the inflation/runaway money printing. How can you solve inflation with more inflation?
QtheMatrix said:
Dennis Kucinich …
Dennis Kucinich doesn’t have a snowballs chance and he and his coat tail grabbing wife KNOW it. Nice try but the game is already over.. Frodo was told no and it’s over. Pack it up boys and girls. Summer camp
is Done for Elizabeth and her friends.
rmstorms said:
I will say this …
I will say this about DK’s plan, at least we wouldn’t be paying interest to a private corp. to loan us money they don’t have.
rmstorms said:
No it doesn’t. Gold …
No it doesn’t. Gold prices fluctuate in relation to the value of the dollar. Have you read art. 1 sec. 10? ” make any Thing but gold and silver Coin a Tender in Payment of debts”. DK’s plan is unconstitutional. I understand he carries a copy of the constitution in his pocket, he needs to read it. The commodity money system made us the most powerful economy on the planet. I think we can all agree that the current system has to change if we’re going to avoid an economic disaster.