Ellen Brown wants the state’s money to be kept in the states in order to solve the budget crisis in America. Today, people want to cut spending, raise taxes, or public assets as solutions to our debt crisis. There is a credit freeze on Wall Street. Since 2009, the banks have curtailed their lending more sharply than in any year since 1942. This have caused the continuation of unemployment and causing local tax revenues to plummet. Some want to restore credit in the local economy. Some want the Federal Reserve to give capital and liquidity that is vital to create bank credit like it gave $12.3 trillion in liquidity and short-term loans to the large money center banks. Fed Chairman Ben Bernanke doesn’t want the FED to do this as he said in January 2011; because he said that it would be too costly (the total deficit of all states comes to less than 2% of the credit advanced for the bank bailout. This isn’t a part of FED’s mandate. Congress can change the law to allow the FED to give credit to local government. The states can increase bank lending to small businesses that have been hit hard by the tightening credit standards. There can be a drawing of increasing interests via the creation of a bank modeled on the BND or the Bank of North Dakota. Now, the BND is the only state-owned bank in the country. The BND has a known 92 year history of safe, secure, and very profitable banking. North Dakota has the lowest unemployment rate in the country. In 2009, when other states were floundering, it had the largest budget surplus it had ever had. There have been 8 states now having bill pending to either have state owned banks or have studies to determine their potential. Such bills have been introduced in Oregon in January 11 in its legislature, in Washington State in January 12, in Massachusetts on January 20, in Maryland on February 4 in its legislature. They join Illinois, Virginia, Hawaii, and Louisiana, which introduced similar bills in 2010. The Center for State Innovation, based in Madison, Wisconsin, was commissioned to do detailed analyses for Washington and Oregon. Their conclusion was that state-owned banks in those states would have a substantial positive impact on employment, new lending, and state and local government revenue. A state owned bank can partner with community banks in supporting them to make loans. The BND acts as a mini FED in the state. There can be correspondent banking services to financial institutions. The BND can have less than 2 percent of its deposits from consumers. All state revenues are deposited in the BND by law. Municipal government deposits are also reserved for local community banks, which are able to use these funds for loans specifically because the BND provides letters of credit guaranteeing them. Now, the BND is a part of the Federal Reserve System. The BND is self sustaining and self funding since it doesn’t imperial state funds or tax money. It can manage forum and built up a surplus. The BND has a return on equity of 25-26% and has contributed over $300 million to the state (its only shareholder) in the past decade -- a notable achievement for a state with a population less than one-tenth the size of Los Angeles County. Compare California’s public pension funds, which entrust their money to Wall Street and are down more than $100 billion, or close to half the funds’ holdings, following the banking debacle of 2008. A state owned bank allows the state to keep its money local and the money flows to the state Treasury and the local economy. North Dakota has the most local banks per capita and the lowest default rate of any state. The BND is not run by politicians to avoid derivatives and risky subprime loans.
James von Brunn, Pedro del Valle, and other fascists hated JFK. Brunn was born in 1920’s. He is said to be associated with reactionary white supremacists. It is known that in 1964 that former Marine Corps Lt. General Pedro Del Valle gave Von Brunn a copy of “The Iron Curtain over America” by John Beaty. Von Burn later blamed Jewish people for destroying Europe and destroying America. This book was from 1951 and has been called anti-Semitic by the B’nai B’rith’s ADL. Beaty claimed that Eastern European Jewish people like Supreme Court Justice & Freemason Felix Frankfurter and Samuel Rosenman (or President Roosevelt’s speechwriter) were part of that conspiracy to ruin the world. The book influenced the Jesuit-trained disinformationist Senator Joseph McCarthy. Del Valle recommended Von Burnn to a position with the reactionary book publisher Noontide press. Its founder was Jesuit-allied Willis Carto. Carto was a Holocaust denier (the Holocaust was heavily influenced by the Vatican. One example is how the Vatican’s Ustashis murdered over 600,000 innocent Jewish people, Serbs, and Gypsies in then Yugoslavia) and he founded Liberty Lobby that aspired to have public policy influence. So, Valle was a pro-Nazi type. He was an ITT President involved in the Childe coup and this installed Pinochet. He was a traitor to his Hispanic people (working for a white supremacist power structure and believing in their doctrines like a traitor. I don’t respect traitors). Del Valle was in the military in WWI and WWII. He was the first Hispanic to reach to the rank of lieutenant general. He could have been a possible governor of Puerto Rico as he was considered for the job by Freemason President Harry Truman. He wanted to get rid of Communists in a paranoid way by creating the Defenders of the American Constitution (They used citizen vigilantes to guard against sabotage and reason). He had controversial views and he didn’t win the race for Governor of Maryland back in 1953. According to people, Charles Willoughby (the alias for German-born Kurt Weidenbach, MacArthur’s chief of military intelligence) left a number of false, self-incriminating trails for reporters and the FBI to follow after President Kennedy was dead, including Mafia figures and lower echelon intelligence assets, eg. Lee Oswald. James von Brunn’s friend Pedro del Valle, a vice president at ITT, went on to be instrumental in the overthrow of Salvador Allende and the establishment of a military dictatorship in Chile. Some believed that Willoughby could have been involved in the assassination of President John Fitzgerald Kennedy. The fascists indeed hated JFK. Willoughby wanted to fight the Red menace or Communism. His mentor was General MacArthur and MacArthur opposed a ground war in Vietnam. He was one of the elderly advisers to JFK. H. L. Hunt and other oil men funded Willoughby’s publisher and friend Billy James Hargis. In September 1961 Hargis announced that a secret fraternity to coordinate right-wing activities would soon be formed. Then, on March 21, 1962, a carefully selected group was called together in Washington. No press representatives were allowed at the founding session of the Anti-Communist Liaison, which brought together about one hundred delegates representing some seventy-five right-wing groups at the Washington Hotel. One person that was named as its chairman and operating head was Edward Hunter. Hunter was a National Advisory Board member of Young Americans for Freedom.
A lot of people have discussed about Alveda King. Some conservatives love her for her stances on abortion and social issues. Some liberals hate her for her views on Dr. King and social matters. I thought about this when I've looked a Youtube video calling her an Uncle Tom, which I find very disrespectful. You can disagree with her politics, but she does have a sincere heart in caring for her people (especially wanting black families to grow without record abortions in the black community. This has stagnated the black population in America). Alveda King has been involved in programs to help women who are pregnant and children in America. Now, Alveda King has made errors recently too. We know what those errors are. Alveda King is wrong to ally with the neo-con and Mormon Glen Beck since Beck is a notorious reactionary. Beck said evil, inflammatory comments even about the children of the President that he had to apologize for. He slander 9/11 Truth activists, the victims of 9/11, and the victims of Hurricane Katrina (by him calling them scum). I wouldn't ally with a man like Glen Beck or his movement. I won't give a dime to Glen Beck, Rush Limbaugh, or that "crew" at all. Alveda King is wrong to assume that Dr. Martin Luther King would be some Republican when King's own family said that Dr. King wasn't affiliated with a political party. He voted for JFK in 1960 and LBJ in 1965. He believed in universal health care, opposition to the Vietnam War, he loved social justice, and he wanted a radical change in the current economic system. Republicans, especially Tea Party-like Republicans, would abhor that. We should reject any form of historical revisionism that doesn't tell the full story pertaining to the essence of the mission and agenda of Dr. Martin Luther King Jr. Alveda King believed that Dr. King would be Pro-Life, which is a high probaility (since his father, Jesse Jackson, and Ralph Abernathy were all Pro-Life. Yet, Dr. King supported birth control). This is why Alveda King promotes a black Republican group in order to inspire blacks to be Republicans. The reality is that Republicans and Democrats are apart of the same tree of nepotism, patronage, and political slick rhetoric. We who are black (and of any race for that matter) should be politically independent and not unconditionally adhere to any political philosophy or political party. Alveda King Ecumenically allies with some pro-Papal groups because they are Pro-life. Well, just because some may oppose abortion, doesn't mean we should unite with them spiritually. Anyone of any creed deserves respect and mutual dignity, but we don't compromise our creed to be accepted into a fold. We ought to maintain our spiritual independence under God.
Many establishment liberals trade blood and treasure for oil company profits by supporting President Barack Obama’s airstrikes in Libya. It’s very hypocritical for some of these so-called progressive sites to support the unprovoked bombing of Libya. They support these acts under the guise of humanitarian reasons. Yet, to use tomahawk missiles with depleted uranium to destroy objects is not about human endeavors at all (or bring freedom and democracy to an oppressed people). Even Ed Schultz supports the decision of President Obama to bomb Libya. Schultz claimed that this operation is limited to a few days to prevent Gaddafi from slaughtering people, but NATO says that using ground forces or supplying the rebels with weapons isn’t completely out of the question. Defense Secretary Gates and Secretary of State Hillary Clinton hinted that the operation could last for months (debunking Schultz’s main argument that it’s only a few days long conflict). This justification that Ed uses is similar to Wolfowtiz and Rumsfeld falsely claiming that the Iraq war would be quick and easy (and only cost a couple of billion dollars that would be paid by Iraqi oil). The humanitarian argument is convoluted and hypocritical. The Western elite pick and choice which civil uprisings and dictators they support without no genuine concern for democracy or civil rights for decades. Now, the elite wants to act sincerely for the interests of the people, when they covertly want Middle Eastern resources to benefit their own Empire. The intervention is about protecting oil resources and to control the Middle East (to keep Israel intact as well). Whether it's control over Egypt's Suez Canal, Libya's sweet crude, or propping up the tyrannical Saudi regime in the face of protesters there, this selective military action in Libya seems to be exactly what liberals screamed about during Bush's preemptive oil wars. A RAND documents reviewed the U.S. oil policy in the Middle East and associated region. It shows that President Jimmy Carter said in his January 23, 1980 State of the Union Address that he wanted to prevent if necessary military force against outside forces that want to gain control of the Persian Gulf region. Even before this, the U.S. Joint Chiefs of Staff in September of 1978 issued a strategy assessment in which it wrote of 'continuous access to petroleum resources' as priority #1 in the region, along with seeing that Israel survived. In 1979, the military put together a 'Rapid Deployment Force (RDF), which soon gained full, unified command status as the U.S. Central Command (USCENTCOM).' Mike Rozeff said that Western control over oil in the Arabic oil is a key priority of the current Western establishment. That is why the U.S. fought over Kuwait in 1990 and now in Libya. The U.S. armed dictatorial regimes for a long time. They want oil to flow interrupted. The U.S./NATO alliance is doing the agenda of multinational oil companies not necessary for national interests. The oil companies benefit from drilling contracts when the military incidents end. There are BP’s massive drilling contracts in Iraq and even ex-Prime Minister Tony Blair had kickbacks from. Furthermore, the average price for oil prior to America's undeclared wars from 2001-2002 was less than $23 per barrel. After America invaded Iraq, the price of oil skyrocketed relatively quickly to peak at $147 in 2008, leaving some to speculate that this spike in society's life-blood was the real trigger for the economic collapse in the fall of that same year. This 500% increase in oil prices in just 5 years didn’t benefit Americans at all. The Huffington Post and others justify this expensive and unconstitutional new war front and they slam domestic spending cuts (caused by bloated unnecessary defense, war, and surveillance spending). The progressives are no different than the neo cons that they despite since the progressives use humanitarian tags as an excuse to promote warfare. This military preemptive strike is illegal and it will cost a lot of money to finish the job. Establishment progressives like neo-cons support unjust war (serving the military industrial complex, Big Oil, and we continue to see evil austerity cuts at home). I don’t support Qaddafi, but independent Africans should rule Libya without imperialists or dictators.
There are events in Syria as well. There is a Revolution all over the world. This Syrian Uprising has signs of being another globalist backed coup d’état. There is a conglomeration of Western backed human rights activist. The Syrian Revolution has a logo. The Otpor fist was first used in Serbia in 200 and it’s handed off to numerous movements that are trained by the U.S. funded CANVAS organization, including Tunisian & Egyptian youth movements. It’s called the Syrian Youth Revolution. “A prominent Syrian opposition figure says the country is “a bomb, ready to explode” as protesters demand freedom and an end to president Bashar al-Assad’s “cancerous regime,”” reports Australia’s ABC News. This prominent Syrian opposition figure is “human rights activist” Haitham Maleh, of the Human Rights Association of Syria, recently released from a Syrian prison. Haitham Maleh and Muhammad al-Hassani (another activist. His plight has been used to stir up unrest) each have pro-bono legal services from the CFR-filled “Freedom Now” organization. Freedom Now receives funding from the Morial Fund, the Lantos Foundation, which includes Israeli President Shimon Peres as an adviser. Real Network Foundation also funds Democracy Now. The Charles Bronfman Prize proclaims on its website about Jewish values, Global Impact. Freedom Now gets pro bono legal support from the Pillsbury law firm, which is a CFR corporate member. Freedom Now specializes in political prisoners from many regions of the world. It attracts the attention of globalist ambition. The use of human rights abuses deals with globalists a perceived moral high ground from which they can exert pressure on target nations. This is very similar to the operation being run by Chatham House globalist Robert Amsterdam of Amsterdam & Peroff, who is defending western-backed Mikhail Khodorkovsky to ratchet up pressure on Russia, and Thaksin Shinawatra to exert pressure on Thailand. There are individuals from the corporate world using “human rights” as an excuse to promote radical changes in the Middle East. There have been many evils in Syria against Syrians’ human rights. That is true, but we can’t use falsehoods as an excuse to promote the Manifest Destiny 2.0. Syria was once included in George W. Bush’s Axis of Evil and in 2007, Rhodes Scholar and U.S. General Wesley Clark mentioned in a 2007 speech about wanting Syria being slated for destabilization and regime change. Other actors in the Syrian unrest are wary of the London-based Syrian Human Rights Committee whose hearsay statements posed on its website are cited by corporate news media in outlandish reports of violence that also include “activists say” after each allegation. The Syrian Rights Committee puts on a poorly staged demonstration outside the Syrian Embassy in England. Information on Syria comes from “human rights organizations” like SHRC gives a good majority of information to mainstream media sources. Kamal Labwani was arrested in 2005 in Syria after returning from a trip to Europe and the United States. He met with government officials, journalists, and human rights groups in his effort to change the Syrian government. The officials Labwani consorted with were George Bush’s Deputy National Security Adviser J.D. Crouch. The U.S. called Syria a rogue state. John Bolton wants Syria to be targeted by possible U.S. military action. Syria accused Labwani of communicating with a foreign country and inciting it to initiate aggression against Syria doesn’t seem so farfetched. In most nations the punishment for treason is death, under Syria’s cancerous regime, Labwani got 12 years. Some of these movements have been backed by the West and they have been supported by the corporate owned media. This is a part of the same events in North Africa and the Middle East. Destabilization efforts are occurring in Egypt, Libya, and Syria is here. If these efforts are successful, the West could have more overt involvement in these affairs.
By Timothy
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