Comments on: Fed up? Fed out!

By: It'll come down to insurrection and anarchy in the end

It'll come down to insurrection and anarchy in the end — Wed, 29 Jul 2009 08:07:58 +0000

lots of good posts here. about the money being based on the people’s work and or production, and that arbitrary worship of gold or silver as a propping up tool, won’t save it. let’s face it, the process took more than 40 years to toss the american dream down the toilet, by politician’s running roughshod over all of us while we all collectively sat on our anal orifice’s and watched the fucking boob tube. end result: we all got taken for a very long ride, I’m afraid.

so yes, the revolt will come. the reason I state the obvious here, is that once every single one of the middle class has lost their jobs, their homes, all of their 401k savings plans, and has virtually NOTHING LEFT TO DO BUT REVOLT, then the shit will in-fact sink in and people will get shotguns and pitchforks and toss the bums out and or kill them all in a fit of massive, convulsive rage. the day is coming, but to some of us, we wonder ‘why’ exactly we have to be totally looted and cleaned out before we fight the looters and pillagers. has the entire nation become the victim of ‘stockholm syndrome’ and now feels sorry for the miserable cocksuckers who sold us all down the fucking river???

I sure hope not. I sure as fucking hell hope not.

By: FirstCasualty

FirstCasualty — Wed, 29 Jul 2009 05:12:58 +0000

Mentioning Madison in a discussion against “the fed” and central banks is not very wise. Madison failed as a president by supporting the second national bank and admits such in his notes. I hope this is what you were hoping people to see by mentioning Madison and his notes.

By: Patriot 2012

Patriot 2012 — Tue, 28 Jul 2009 22:32:03 +0000

again and again and again, these stories will continue to pile up and no one does anything about it. Personally people, we have a traitorous bunch in DC and branches out to all the rest of America. These humans are not truly human nor will care. It is our duty as American Patriots to stand up fresh and warn the Government along with those we elected it cannot be business as usual. Otherwise we will continue to go downward deeper and deeper, never to get out. Out founding fathers if alive today would insist…and I mean insist we have an Armed Struggle. Why? Because those in our government have deliberately made up there own rules of play. If that is is the case…therefore the American People must also play by those rules and force those in all positions of government OUT! Otherwise….we have to buy guns and march on DC. Do not be fooled by Fear nor threats by government. Otherwise..you are looking at Martial law and widespread arrest. Is this what you want for your Children and their children as well? Passion People, Passion of Liberty and Freedom and to do away with those with corrupt power!

By: Jennifer

Jennifer — Tue, 28 Jul 2009 17:15:45 +0000

Excellent job, Mark. Right on the money, pardon the pun.

Doug Page, you said: “Also, Ellen Brown is getting a lot of publicity for suggesting that the state of California issue its own currency or create its own bank. This may be an option if and when our national government collapses, but it seems questionable now. California being near bankrupt with a constitutional roadblock about raising taxes, who among us would rely on California’s declaration that their currency was “legal tender,” and feel secure that California would or could tax its citizens to pay off its debts?”

Excuse me, Doug, but Mark has already pointed out that this “solution” is UNCONSTITUTIONAL (i.e., as illegal as the Federal Reserve). Ellen Brown is running around irresponsibly (or perhaps she is a agent provocateur or disinformation specialist?) proclaiming that Congress has the power to create the fiat currency and should grab that power away from the FED. But Mark has brilliantly pointed out that her contention is A LIE. Congress has no power to print paper money (“bills of credit”). That is why Congress set up the Federal Reserve to do an end run around the Constitution, since they HAVE NEVER HAD the power to issue paper money (nor the power to charter a central bank either!) And the Constitution forbids ALL STATES from making anything but gold and silver a legal tender in payment of debt. In short, all of the States are in violation of the Constitution right now, as we write this.

Dear Doug, please spend more time studying the Constitution (and read Madion’s notes), and you would realize these things and not be misled by people like Ms. Brown.

By: Greg Bacon

Greg Bacon — Tue, 28 Jul 2009 16:34:34 +0000

The Founding Fathers did give us a tool to fight this kind of economic tyranny.

It’s called the 2nd Amendment.

By: Melissa

Melissa — Tue, 28 Jul 2009 14:15:59 +0000

. . . and unlearning is a process that resembles unraveling. It’s messy and confusing.

By: Deadbeat

Deadbeat — Tue, 28 Jul 2009 05:42:55 +0000

Sounds like most of the people who respond to articles on DV.

That is because there is vast confusion due to the many years of “identity” politics and deliberate misdirection and misinformaiton.

By: mad poet

mad poet — Mon, 27 Jul 2009 23:10:37 +0000

“The fractured parts are too busy fighting amonst themselves through the distrupting and confusing and misdirecting of the vast majority.”

Sounds like most of the people who respond to articles on DV.

By: Deadbeat

Deadbeat — Mon, 27 Jul 2009 05:46:31 +0000

Have we been rendered incapable of this kind of non-violent revolt?

The answer IMO, is yes unless solidarity can be built. Unfortunately the citizerny is too fractured to build a real mass movement against the system. The fractured parts are too busy fighting amonst themselves through the distrupting and confusing and misdirecting of the vast majority.

By: Melissa

Melissa — Mon, 27 Jul 2009 02:37:27 +0000

This is why so many of us are resorting to the black market . . . you know, the one where two people voluntarily exchange goods/services for mutual benefit, without permission from system.

The Fed is scared and spewing threats as a result of the Audit the Fed bill that has something like(?) 259 co-sponsors in the House. All kinds of hell and damnation might follow if they have to open those books they say . . . they (well, Friedman) have admitted that the Fed was responsible for the manipulation of dollar and interest rates is that caused the Great Depression, so what do you think they have to hide about the latest shenanigans?

At some point, citizens in each state will have to face the music and agree (with solidarity and while in firm control of STATE gov) to withhold all Fed Taxes until we regain control of this outta control robbing of the world (through agribusiness, war, bioterror/pharma, suppression of energy innovation, etc). Not paying Fed would NOT stop states from providing essential services. It WOULD starve the war machine, the military aid to countries with genocidal policies, the bloated lifestyle of non-productive, yet very destructive career politicians.

Have we been rendered incapable of this kind of non-violent revolt?

Peace, Resistance, Hope,
Melissa

By: beverly

beverly — Sun, 26 Jul 2009 23:49:06 +0000

The physical bodies of the Bush and company left the White House, but their policies and agenda are thriving in the current administration.

By: B99

B99 — Sun, 26 Jul 2009 21:17:20 +0000

I’d like to think that the real backing of the dollar comes from the productive capacity of labor. But the deeper Wall St gets into derivatives, hedge funds and even more esoteric financial instruments, the more it seems that the dollar has been decoupled from labor. It’s funny money. Maybe because it is funny money is why the market collapsed back on itself. But funny money attached to the mortgage market – which is what Wall St and the big banks accomplished – brought the rest of us down too.

By: Deadbeat

Deadbeat — Sun, 26 Jul 2009 19:46:27 +0000

I agree in part with Doug Page. I think the idea that the dollar requires backing from “gold” or some other commodity misses the fact that the real backing of the dollar comes from the productive capacity of the people (workers). That the real generator of value is people. The focus on the banks diminish how people create value. Money is merely an efficient means of exchange and its acceptance as a means of exchange is what give it value.

Also having a central bank is necessary HAD the central bank been devised as a public utility. Unfortunately it was not. It was devised to serve the private interest. But what else can you expect in a capitalist society. The way the Fed is currently constructed clearly needs to be dismantled but there won’t be any kind of replacement to the Fed until the people can coalesce around the idea of solidarity so that institutions can be built that actually serve the public.

For that to happen there needs to be a revolution in the U.S. Unfortunately at this particular time the citizens of the U.S. is not ready for that nor are do they think of themselves as citizens but as fractured identity groups more concern about who getting what rather than understanding who their real enemy is and getting together on the basis of common interest.

By: Doug Page

Doug Page — Sat, 25 Jul 2009 16:58:05 +0000

Mark: This is a brilliant entertaining depiction of the massive graft that exists in our privately created money for the benefit of the wealthiest 1%. Hence, money equaling political power, their dominating control of our elected officials, and their power to thwart our voting power, even a massive majority of us voters. We could probably not get Single Payer even if 95% of the voters wanted it.
Everyone should google the American Monetary Act to see what could be.
If the US government exclusively creates all money, and declares it to be legal tender, there is no need for a gold based money supply. Nobody can get a corner on such public money. People like those who now control our banking system, can get a corner on gold, as has happened in the past. Therefore, I do not agree that a gold based currency is wise.
Also, Ellen Brown is getting a lot of publicity for suggesting that the state of California issue its own currency or create its own bank. This may be an option if and when our national government collapses, but it seems questionable now. California being near bankrupt with a constitutional roadblock about raising taxes, who among us would rely on California’s declaration that their currency was “legal tender,” and feel secure that California would or could tax its citizens to pay off its debts?
We will get nothing that we need or want until millions of us are ready to declare a one day buyers’ boycott where we buy absolutely nothing.
Or if we dared, have a one day massive sick out where nobody worked.
Those two powers are the only ones we have left.

Doug Page

By: Don Hawkins

Don Hawkins — Sat, 25 Jul 2009 16:51:35 +0000

(Now if we could just get Dick Cheney to go back to his home planet…) Good one and I wonder how many of these bankers/business people are now members of InfraGuard? Wait don’t tell me they all have top secret clearances. Well you will all be glad to know that they are now in control of an out of control system. Still time with a little help from people who are not bankers or business people you know the people who just do the thinking and live on this planet. May the force be with you.