MINIMUM INCOME + END THE EMPIRE OF USURY = A CANCER THAT MUST BE STOPPED – BY RICHARD C. COOK

For More Details refer to work of Richard C. Cook at:

Click for Source Article by Richard Cook

A Bailout for ALL the People in “The Empire of Usury SCAMS” is IMPOSSIBLE! = The Basic Income Guarantee (BIG) for EVERY AMERICAN RICH TO POOR is a GREAT DREAM but BANKSTER HATE IT BECAUSE IT HURTS THEIR FRAUD SCAMS!

Stephen Hawking said ROBOTS will END NEED FOR HUMANS’ WORK!

DEMOCRATIC DIVIDEND PLAN = SIMPLE AND ELEGANT = Pay each resident of USA a dividend = At first by Federal vouchers for the necessities of life = $1,000 per month per person starting immediately. = Share of the resources of the USA + Productivity of the modern technological economy.

ALASKA PERMANENT FUND (APF) = A DEMOCRATIC DIVIDEND PLAN = A USA BASED DIVIDEND paid to every resident of Alaska = $3,269 in 2008 out of state resource revenues = APF was set up in 1976 when Alaska voters passed a constitutional amendment calling for a direct payment to individuals rather than turning the money over to the state bureaucracy for “social services.” = A shining example of economic democracy at work. Alaska provides equal dividends to all residents of six-months or more increasing from $1,000 in 1982 to $3,269 in 2008. = NOT a welfare payment but a fair share of the bounty of the earth with no means tests + NO lines to wait in + NO bureaucrats snooping around = JUST MONEY YOU CAN SPEND AS YOU DESIRE. = APF has not ruined the character of those who get it + A millionaire receives the same payment as a person living in poverty. = MONEY is SPENT into THE ECONOMY = Part of the lifeblood of the community with NO REPAYMENT AND NO USURY INTEREST. = SO SIMPLE! = AND Sarah Palin supports the APF payment of $16,345 to even the poorest families. Palin got $19,416 check. NO LEFTIST IDEA! = Sean Hannity confirmed that Palin increased the Alaska dividend by $1200 this year with a tax increase on the oil companies to support higher BIG…OIL companies don’t own the resources.

POST ON CP

LONDON + WALL STREET FINANCE = Source of disease = A CANCER BUT BRIBED GOVERNMENT regards it as “critical infrastructure” (UNTOUCHABLE AND SACROSANCT) = Anything that threatens its dominance = terrorism or treason.

Internationally-based EMPIRE OF USURY is collapse is a qualitatively different phenomenon from earlier phases of American history. It has little to do with any of the concepts we are so familiar with such as “democracy,” “business cycles,” or even “capitalism.”

WORLD MONETARY SYSTEM = NOT free enterprise + NOT capitalism = IS CANCER

CANCER = “Poverty in midst of plenty” plagues World = Industrial Revolution

CANCER = More grave in USA = USA #1 INCOME INEQUALITY = #1 WEALTH INEQUALITY

CANCER = Since 1975 CONGRESS = Trickle-down economics = LIES of supply-side tax cuts

CANCER = Deregulate of financial industry for 3+ decades

CANCER = Tax cuts for the upper brackets = Supply-side TRICKLE LIES

CANCER = “Ownership Society” SCAM to MAXIMIZE INTEREST DEBT BURDEN

CANCER = PURPOSEFUL BUBBLE and TOO-BIG-TOO-FAIL BAILOUT LIES

CANCER = Biggest financial frauds and HEIST in HUMAN HISTORY

CANCER = DESTRUCTION OF 401(k) RETIREMENT SCAMS ravaged by BUSTS

CANCER = $20+ TRILLION FED RESERVE BAILOUTS OF FRAUDULENT BIG BANKS

HALT this “Grip of Death” = Termed by British author Michael Rowbotham in his book: “The Grip of Death: A Study of Modern Money, Debt Slavery, and Destructive Economics.”

SOLUTION = Enact a Basic Income Guarantee = Individual & family income security

SOLUTION = GOV EXPANDS SOCIAL SECURITY = Basic Income Guarantee (BIG)

SOLUTION = EVERY AMERICAN GETS AUTOMATIC INCOME at POVERTY LINE

SOLUTION = Social Credit Concepts = Expand on Alaska Permanent Fund (APF) = Residents paid a share of the resource wealth

CAUSE = Artificial distribution of income to people to a FEW via the CANCER

CAUSE = Basic problem is excess capacity relative to available income.

RESULT = MAJORITY OF AMERICANS = NO money to purchase LIFE’s necessities

RESULT = 425 MULTI-NATIONAL BILLIONAIRES exploiting POVERTY and OTHERS

RESULT = Workplace and capital are idled because employees and consumers lack the purchasing power to buy the products and services our economy produces.

“Who would have thought that it would be easier to produce by toil and skill all the most necessary or desirable commodities than it is to find consumers for them? Who would have thought that cheap and abundant supplies of all the basic commodities would find the science and civilization of the world unable to utilize them? Have all our triumphs of research and organization bequeathed us only a new punishment: the Curse of Plenty?”

— Winston Churchill speech at Oxford University on June 19, 1930

CANCER = Economics restructured around a deregulated financial sector = past 30 years = USA #1 in INEQUALITY

CANCER = Even middle-class people can NOT pay for basic needs = housing, food, medical care, transportation, and skills development/education = FALL BEHIND

RIGHT = Human beings require income sufficient to keep body and soul together

REAGAN STRAIGHT JACKET OF LIES = DELAYED THE RIGHT OF SHARED PLENTY in 1981

REAGAN STRAIGHT JACKET = “Government is not the solution to the problem; government is the problem.”

REAGAN STRAIGHT JACKET = CADILLAC WELFARE MOTHER LIES

REAGAN STRAIGHT JACKET = PRIME STEAKS ON FOOD STAMPS LIES

REAGAN STRAIGHT JACKET = SOCIAL DARWINISM

REAGAN STRAIGHT JACKET = SURVIVAL OF THE CLEVEREST SCAMMERS

REAGAN STRAIGHT JACKET = Death sentence for MASSES

REAGAN STRAIGHT JACKET = MADE CORRUPTION AND FRAUD THE GOAL

REAGAN STRAIGHT JACKET = REMOVED Basic Income Guarantee (BIG)

BIG = Ameliorating human distress from poverty and assure some economic justice

BIG Reduces Impact = JOB LOSS or financial calamity – risk of home foreclosure.

BIG = Nixon’s Family Assistance Plan passed House but defeated in 1970 Senate

BIG = 1975 Earned Income Tax Credit for low-income families – Clinton 1990s

BIG = NOT even Mentioned by progressives = GOP TRANSFER OF WEALTH LIES

BIG = BLOCKED BY MASSIVE Military Expenditures by MIDDLE CLASS

BIG = Viewed by GOP AS WELFARE = BUT 98% OF WELFARE GOES TO RICH

BIG = A RIGHT on strong moral grounds vital for enterprises to have stable demand

BIG = Society has a legitimate claim to sharing the proceeds of its contributions

TAXES to share the profits = ADDS to the cost of products = NO GO

Social Credit Movement = A regular monthly dividend to ALL AMERICANS

Regular monthly dividend = Based on productive potential of economy = NO TAX

Social Credit Concepts = Not Heard of in the British Commonwealth Nations

Social Credit Concepts = Alaska Permanent Fund (APF) = Residents paid a share of the resource wealth of the state

Social Credit Concepts + AFP + Basic Income Guarantee (BIG) = Models for action WORLDWIDE = Rebuild the economy from the bottom up = A “Bailout for the People,” as opposed to the BANKSTER CRIMINALS that add $Trillions to USA National Debt with ZERO revitalizing of the REAL Economy.

BUSH DEPRESSION =MASSIVE UNEMPLOYMENT + DECLINE IN MAIN STREET BUSINESS ACTIVITY + HORRIBLE HOME APPRAISALS + SEVERE LOSS OF CONSUMER CONFIDENCE + MASSIVE DROP IN RETAIL SALES!

GOP DENIED THE CRISIS from DEC. 2007 to CRASH and then NOV 28, 2008 when they finally admitted the BUSH DEPRESSION was HERE = 800,000+ per MONTH LOSING THEIR JOBS! = Sept 15, 2008 GOP candidate McCain said, “the fundamentals of our economy are strong” = MASSIVE LIE AND HE KNEW IT! BUSH ignored the CRASH and danced on the White House Doorsteps knowing full well THE CRASH STARTED with housing bubble CRASH and rapid deflation in 2006.

Economic health = Measured by immediate consumer purchasing power = DROPPED LIKE A ROCK (the M1 money in cash and checking accounts DROPPED EVER SINCE 2003). BUSH housing bubble was used by the CRIMINALS at Federal Reserve to act as an economic engine after the recession of 2000-2001. WHEN THE FED Reserve stopped inflating the HOUSING bubble = M1 Cash-on-hand began to decline.

THE BUSH MAIN STREET DEPRESSION COST MILLIONS OF JOBS AS UNEMPLOYMENT CLIMBED TO 10+% and unemployment including “discouraged workers” went to 20+% = Great Depression ZONE!

Obama’s Economic stimulus was VERY IMPORTANT TO STOP THE BUSH HEMMORAGE BUT NOT ENOUGH FOR A MAIN STREET REPAIR! = CBO said Stimulus would be in place by September 2010 = Producing a “noticeable impact on economic growth and employment.” SILLY “Noticeable impact?” = GOP WASTED AUSTERITY AFTER ADDING $9.9 TRILLION GIVEN TO $BILLIONAIRES AND ADDED TO THE NATIONAL DEBT UNDER BUSH! = THEN GOP REFUSES TO HELP MAIN STREET GET BACK ON ITY FEET BUT LOVES FED RESERVE GIVING $20 TRILLION TO THE BANKSTERS TO PUT THESE CRIMINALS BACK ON THEIR SCAMMING WAYS! = GOP AUSTERITY AFTER THEIR SPLURGE SENT THE USA AND WORLD ECONOMY INTO A TAIL SPIN!

GW BUSH AND GOP reversed the Clinton budget surpluses by cutting taxes for MULTINATIONAL $BILLIONAIRES + ADDED $6+ TRILLION OF MIDDLE CLASS TAX COSTS IN 2 FAKED AND WORTHLESS WARS + WELFARE TO BIG PHARMA IN MEDICARE ADD-ONS + BUSH & PAULSON ADDED $700 BILLION BAILOUT FOR THE CRIMINALS ON WALL STREET WHO USED THE BUSH SUB-PRIME SCAM TO SUCKER POOR PEOPLE INTO HOMES THE BANKS WOULD STEAL BACK LATER + BET AGAINST THEIR OWN CLIENTS WHO BOUGHT THE JUNK BASED ON THE FRAUDULENT SUB-PRIME MORTGAGES! = RESULTED IN BANKSTERS PURPOSELY ABUSING AND DRIVING FANNIE/FREDDIE + AIG INTO BANKRUPTCY = ANOTHER MASSIVE MIDDLE CLASS BAILOUT (additional emergency loans to banks and businesses from the Federal Reserve under Chairman Ben Bernanke) TO SAVE THEIR-CRIMINAL ASSETS! BANKSTER EVILS ARE STILL NOT FULLY DOCUMENTED! = $20+ TRILLION TO AS MUCH AS $700+ TRILLION OR 52 YEARS OF USA GDP (WORK OF ALL AMERICANS COMBINED FOR A YEAR X 52 YEARS)

A Basic Income Guarantee FOR EVERYONE = THOSE WITH MASSIVE PILES OF MONEY (OFF-SHORE INCLUDED) are TAXED to INSURE those without FUNDS CAN SURVIVE AND MOVE FORWARD WITH THEIR LIVES!

CRASH OF 2008 = BUSH+BANKSTERS CREATED FAKED SUB-PRIME HOUSING BUBBLE INFLATING HOMES BY DOUBLE OR MORE AND AS PART OF THAT GAVE CREDIT TO THE POOR TO BUY HOMES AT THE PEAK OF THE MARKET USING TRICKY ADJUSTABLE MORTGAGES THAT IN A FEW YEARS (SOMETIMES MONTHS) DOUBLED OR TRIPLED AND EVEN QUADRUPLED THE MORTGAGE PAYMENTS LEADING TO QUICK FAILURE AND LOSS OF MILLIONS OF HOMES + THE BANKSTERS PACKAGED THESE SURE FAIL SUBPRIME TRASH MORTGAGES AND LABELED THEM “AAA” SAFEST INVESTMENT = “TOXIC DEBT” SUBPRIME MORTGAGES THE CROOKED INVESTMENT BANKSTERS PACKED TOGETHER (OFTEN DESTROYING DOCUMENTS TO COVER UP THE FRAUD) TO HIDE THE CRUD AND SOLD THE CRAP (GOLDMAN TERM) TO THEIR CLIENTS + OTHER UNAWARE INVESTORS (HIDE THE FRAUD). THEN THESE SAME BANKSTERS AND HEDGE FUND FRAUDS USED WALL STREET AND LONDON MARKETS TO REPEATEDLY (OVER AND OVER) PLACE CASINO BETS (CREDIT DEFAULT SWAPS) THAT THEIR CLIENTS WOULD LOSE EVERYTHING. OF COURSE, THEY DID LOSE EVERYTHING ON THE CRAP AND THAT IS WHEN AIG WENT BANKRUPT BECAUSE THEY COULD NOT PAYOFF THE BETS AND THE MIDDLE CLASS HAD TO COVER (PAYOFF) GOLDMAN’S BETS + JPM’S BETS BY BAILING OUT AIG AND OTHERS. = GOLDMAN WOULD HAVE GONE BANKRUPT)

SO BANKSTERS CREATED A SURE WIN FOR THEMSELVES AND SURE LOSSES FOR EVERYONE ELSE = ESPECIALLY THE MIDDLE CLASS AND POOR = MANY MORE CRIMINAL BILLIONAIRES WERE MANUFACTURED OUT OF THIS LAYERED SET OF SCAMS! AND THE MIDDLE CLASS SHRANK!

BANKSTER = CREATED AND USED MANY FORMS OF FRAUD = Derivatives + Credit-Default Swaps (BETS) + MASSIVE LEVERAGING OF 30 TO 1 AND EVEN 100 TO 1) TO MAXIMIZE THE SCAMS EXTRACTION FOR THEM. = FORCED ALL RISKS ONTO THEIR CLIENTS, POOR HOMEOWNERS + THE MIDDLE CLASS WHO BAILED THEM OUT! = ZERO RISK TO BANKSTERS AND HEDGE FUND FRAUSTERS (UNLESS MIDDLE CLASS AND GOV REFUSED TO BAIL THE CRIMINALS OUT = BUT THE CRIMINALS OWN OUR POLITICIANS SO THAT COULD NEVER HAPPEN BUT WILL GOING FORWARD)! NOTE: DON’T LET ANYONE TELL YOU THIS IS COMPLEX AND WAS A RESULT OF FANCY INTERTWINED RELATIONSHIPS = ITS PURE BULL CHIOT! IT IS A RELATIVELY SIMPLE LAYERED SET OF SCAMS DEVELOPED BY FAIRLY WEAK CRIMINAL MINDS!

The BANKSTER USURY INTEREST DEBT-BASED monetary system IS ONLY CHALLENGED BY IRAN AND SYRIA WHERE USURY INTEREST IS ILLEGAL UNDER SHIRA LAW! HENCE FOX + GOP ARE ALWAYS WORRIED ABOUT SHIRA LAW AS CRIMINALS RUNNING BANKS WOULD HAVE NO SCAMS TO RUN OR PASSIVE INCOME TO BUILD UNLIMITED WEALTH AT THE EXPENSE OF 99% OF PEOPLE!

USURY INTEREST = BUILT ON LONDON ROTHCHILDS SCAMS AND WALL STREET IS THEIR USA BRANCH OF THESE SCAMS. Every debt a bank originates has to be paid, sooner or later, and paid with interest. The day of reckoning can be put off for a while by fresh lending, but not forever. If debt chronically outpaces earnings, the system will collapse. = WE ARE REACHING THAT COLLAPSE AS USURY RATES INCREASE!

SO AMAZINGLY EVEN THOUGH OBAMA PROMISED TO BAILOUT THE MORTGAGE HOLDERS THAT WAS CALLED UNFAIR (“IMMORAL “) BUT IT WAS FAIR AND MORAL TO BAIL OUT THE BANKSTER CRIMINALS AND SCAMMERS!

SOLUTION = GET BANKS AND BANKSTERS OUT OF THE WAY = AUTOMATE THESE MIDDLE MAN CROOKS OUT OF BUSINESS USING TE INTERNET AND GIVE NEAR ZERO% INTEREST THE BANKSTERS NOW GET TO ANYONE WHO APPLIES ONLINE THAT QUALIFIES (AUTOMATED CREDIT CHECKING) + AUTOMATED APPRAISAL OF PROPERTY.

THE USA SINCE WW II produced so much wealth that a BIG OR Negative Income Tax was taken seriously in the 1960s. NOW WE HAVE THE MULTINATIONAL “Empire of Usury SCAMS” STRAIGHT FROM UK! SO OF COURSE THESE CROOKS WILL ONLY LINE THEIR OWN OFF-SHORE MOUNTAIN OF HIDDED TAX-DODGED CASH!

Late 1960s = USA BANKSTERS AT LARGEST BANKS BEGAN PUTTING PRESSURE ON TO OUTSOURCE ENTIRE FACTORS AND JOBS IN OUR MANUFACTURING BASE TO OVERSEAS SLAVE LABOR IN ASIA AND MEXICO. = MORE PROFIT LOOTING FOR $BILLIONAIRES + CHEAPER AND EASIER TO SELL STUFF + USA CORPORATIONS COULD HIDE INCOME AND TAX-DODGE TO ROB MIDDLE CLASS WHO HAD TO MAKE UP BY PAYING FOR THE LOST TAX REVENUE!

1971 Nixon removed the gold peg from the dollar to FLOAT world currencies = From that point on, CREDIT WAS SEPARATED FROM PRODUCTION = LONDON + WALL STREET GRABBED FAKE Paper profits MANIPULATING Currencies + Resources Speculation + Metals Speculation + ANY ASSET SPECULATION = THEIR NEW SOURCE OF PAPER WEALTH = FED AND BANKS COULD PULL MONEY-OUT-OF-THIN-AIR. = FROM 1971 ON LONDON+WALL STREET regularly made greater profits in currency trading and capital gains from asset inflation than in the production of goods and services. So who needs workers any more? + USA after WW II was able to assure that the dollar would become the permanent world reserve currency by making it the standard for petroleum sales. = BIG OIL MONARCHS ARE GREAT BANKSTER FRIENDS!

1970s = Removal of the gold peg made the quantity of dollars infinitely expandable = BIG OIL MONARCHS were told by USA GOV to radically increases OIL PRICES. = RESULTING FLOOD OF “PETRODOLLARS” (OIL’s OVERCHARGING LOOT) were deposited by the oil producers in USA/LONDON banks + Bought US Treasury bonds used to Finance the growing USA trade and fiscal deficits (DEBTS) = MASSIVE INFLATION (18% MORTGAGES) due in part to a devalued American currency. Paul Volcker, Federal Reserve Chairman attacked the MASSIVE inflation with interest rates of 20+% = PRODUCED the worst recession since the Great Depression = 4 YEARS OF HELL 1979-83 + wrecked the U.S. industrial economy.

1983 ON Never before in U.S. history had the financiers wielded such dictatorial and destructive power. = CENTERED AROUND David Rockefeller’s Chase Manhattan Bank (JPM) = A Revolving Door between Chase and USA Government = Volcker’s career = Volcker educated at Yale, Harvard, and the London School of Economics joined Chase as a financial economist in 1957 + 1962 went to USA Treasury Department with BOSS Rockefeller protégé Douglas Dillon JFK’s Treasury Secretary + 1965 Volcker Returned to Chase as VP + 1969 Back to TREASURY to remove gold standard + He was a founding member of David Rockefeller’s Trilateral Commission + 1975 Volcker became president of the Federal Reserve Bank of NY + 1979 became FED CHAIRMAN under Carter + Volcker at 81 years old is Rockefeller technocrat advised Obama + Head of the Obama’s Economic Recovery Advisory Board.

LATE 1970s = LAST STRAW IN DESTROYING USA MANUFACTURING AND OUR DEMOCRACY came when the financial industry began DEREGULATING for an ORGY OF GREED made possible by GOVERNMENT UNLIMITED PAPER MONEY MONETARY POLICY! = Banksters and multinationals MAXIMIZED THE USA TRADE DEFICIT BY corporations buying from their own overseas subsidiaries whose products were then sold to American consumers on credit. = BEGAN THE BUBBLE MACHINE ECONOMY THAT TRANSFERRED WEALTH TO THE RICH!

1970s on = Every period of domestic economic growth was a FINANCIAL BUBBLE of one kind or another = Merger-acquisition bubble + Dot.com bubble of the 1990s + SUBPRIME housing/equity/derivative bubble of the 2000s GW Bush = STARTED WITH Federal Reserve interest rates cuts and financed by massive bank lending and foreign investment in the securities markets and tangible assets like real estate.

Since Reagan = EVERY PRESIDENT contributed to the madness of financial deregulation. + Loss of manufacturing jobs + Accelerated under Volcker + Clinton signed NAFTA giving China most-favored-nation status + GW BUSH killed off more manufacturing jobs + BUSH expanded the bubble economy with SUB-PRIME real estate through waves of construction for vast suburban tracts of new homes, retail mega-stores, upscale urban shopping/apartment/condo complexes, and gigantic new office buildings spread across the landscape as far as the eye could see.

Industrial areas of former years were Converted or Mostly Abandoned. + MULTINATIONAL CONGLOMERATE Retail Stores sell mainly goods produced in China and other cheap labor markets, and employ low-paid domestic and immigrant workers. Managed by professionals and technicians, while the middle and skilled working classes of past decades have largely been replaced by computers. Only job growth has been in food service, health care, and law enforcement.

Home + Store + Office Construction = Financed with Foreign Capital + Huge Bank Loans Capitalized by Business Deposits using overnight TRICKS for “cash management” Accounts + Individual + Institutional Retirement Savings + Federal Middle Class Taxes + State & Local Government cash reserves.

Building booms = Pump TEMPORARY money into the economy with construction + Price inflation of capital gains for Investors personal income + tax revenues. = Depends of long commute times = Dependence on automobile transportation and expensive GAS = Rockefeller-dominated Exxon-Mobil LOOTING. = PURE spending NOT “investment” = NO permanent prosperity = Cash flow stops when bank lending becomes over-extended and foreign capital dries up.

A downturn OF THE MARKET OR HOUSING = Destroys Wealth that existed only on paper + No more income from capital gains + Retail stores shut down + Tax revenues DROP + Office space goes empty + Construction industry hurt = JOB LOSS AND HIGH UNEMPLOYMENT IN OTHER SECTORS

GOP MYTH OF FREE-MARKETS = A FINANCIAL INDUSTRY LIE = FACT USA Economy is Dysfunctional at its roots = SO standard solutions for re-inflating the bubbles DON’T WORK + Era of worldwide USA dollar hegemony since 1970s drop of Gold Standard = Threatened by growing strength of a united Europe + Asian manufacturing economic powerhouses of China + India’s High Tech Growth + South America Growth = They KNOW THE USA GAME WALL STREET + LONDON ARE PLAYING + THE FAKED WAR CRAP.

1971 Removal of the gold peg by USA was the start of 40 years of monetary warfare against the rest of the world + MIDDLE CLASS & POOR AMERICANS = AMERICANS grow poorer by the day = Fewer goods imported from other nations which suffer as well as their export-oriented manufacturing economies decline.

MANIPULATING FIANCE & THEIR Economists want to re-inflate another credit market FAKERY again = A human tendency toward the Stockholm Syndrome (“kiss the whip that scourges”) = Financial system holds everyone hostage, including citizens, politicians, and economists = “Captives identify with their captors initially as a defensive mechanism, out of fear of violence. Small acts of kindness by the captor are magnified, since finding perspective in a hostage situation is by definition impossible. Rescue attempts are also seen as a threat, since it’s likely the captive would be injured during such attempts.”

Standard economic theory = Capital is one of three necessary ingredients + Land + Labor to produce things = Each has a calculated cost or “rent” = 2 Types are Interest and dividends.

TODAY’S ECONOMY = Capital is monopolistic, excessive, and entirely under the control of a parasitic sector, the financial industry. = THE CANCER INDUSTRY rapidly metastasizing terminal cancer eating at the HOST — THE USA REAL ECONOMY = The Empire of Usury is worldwide in reach and has a long pedigree back to ancient Sumeria, when debtors first began to be sold into slavery.

FACT: Excessive debt ruined many Greek city-states + Helped wreck the Roman Empire. USURY was outlawed by the Catholic Church during the Middle Ages.

Current CANCER of the USURY Empire dates to the creation of the Bank of England = A privately-owned banking institution that made its money by lending to the British government so it could fight its imperialistic wars.

Bank of England was cloned on American soil with the Federal Reserve System created by Congress in 1913 after BANKSTERS FAILED to take control of USA through the First and Second Banks of the USA = Defeated by Jefferson + Jackson + Martin Van Buren

America has STRUGGLED WITH THE USURY EMPIRE since its founding BUT in 1971 under NIXON THE BANKSTERS finally saw complete triumph when the philosophy of monetarism took over = MAXIMIZE DEBTS and PAPER MONEY (NOT GOLD) money in the economy = exponentially growing bank-generated debt. = Flood of petrodollars overseas was paradoxically mirrored in reverse by a growing shortage of consumer purchasing power at home.

MONETARISM = WAS directed by figures worldwide financiers combining FORCES = “Reagan Revolution” + “Thatcherism” in UK + Similar pro-bank regimes in Australia + New Zealand + OTHER COLONIAL UK SATELLITES. = ROTCHIDS (sic)

The TRIUMPH OF USURY CANCER = RICH ARE MADE RICHER AND THE POOR POORER FOR NO JUSTIFIABLE REASON = Described by New Zealand author Les Hunter in his 2002 book, “Courage to Change: A Case for Monetary Reform.” = “It was the artificial scarcity of money imposed by the application of monetarist policies that caused the usurious system to mutate from the industrial and allowed the collection of usury in amounts greater than that forthcoming as industrial economic rent. What has come to be practiced is a corruption of the investment practices that, in the past, and particularly in the industrial systems, had driven civilization forward….As investment proceeds within a usurious system, debt securities are accumulated and valued by the holders as income-earning assets. Of course, unlike the industrial assets such as the powered machine, a debt security produces nothing that is real….However, monetary income received as interest from compounding debt does give claim on current output—wealth at the point of sale—as does any form of economic rent once it has been collected in a monetized economy. Within usurious society, the rich are made richer and the poor, poorer, for no justifiable reason.”

USURY BEGAN WINNING OVER PRODUCTION IN 1960s = MONEY CONTROL WON OVER MANUFACTURING = USURY became the most important lever of economic and social power = Investment in debt USURY + Speculative buying and selling of paper assets = MAXIMIZES accumulating personal wealth IN THE USURY EMPIRE.

Characteristics of USURIOUS SYSTEMS

STUDENT + CREDIT CARD + HOMEOWNER DEBTS = Crushing debts
MASSIVE INEQUALITY = “A widening gap between rich and poor”
BUBBLES = “Share markets subject to collapse”
“Currency meltdowns”
MASSIVE “Mounting social distress” = ARAB SPRING BANKSTER MANIPULATED
LIE that “A pervading belief that the free market should be allowed free reign”
CRIMINALS IN CHARGE = “Banks driven by profit but holding tremendous power through their ability to create and extinguish the national currency, that is, money.”

Hunter’s analysis = LIGHT YEARS ahead of USA economists who only enable the international financial elitists tyranny to continue their dominance unabated.

Real Industrial society is at the mercy of this financial tyranny = Because manufacturing requires a huge amount of money to function. = MUST PAY BANK USURY DEBTS (INTEREST) for sufficient working funds to pay “rent” costs.

M1 = Working funds = Sum of base-metal coin, notes, and cheque money. = Money Accepted as National currency

USURY NATIONS LIKE UK AND USA = use monetarist policy to generate usury debts and INTEREST INCOME = ONLY “RENT” collected. NO LAND OR LABOR! = NOT free enterprise + NOT capitalism = IT IS A CANCER ON HUMANITY AND THE WORLD = A MEANS OF PARASITIC EXTRACTION FROM REAL ECONOMY AND PEOPLE!

Obama cannot UNDUE the banksters’ takeover of the world economy (1970s) by economic stimulus or by other progressive ideas. The ENORMOUS BANKSTER GENERATED $40 TRILLION IN DEBTS ($14 TRILLION GDP/YEAR) cannot be carried by the USA economy.

Obama does not intend to overthrow the “Empire of Usury” that got him elected with campaign BRIBERY funds from WALL STREET. $40 TRILLION OWNED TO BANKSTER CRIMINALS is staggering = “unfunded liabilities” of the federal government + $60 Trillion for Safety Net. +$700+ TRILLION IN BANKSTERS outstanding derivatives debts or $1+ Quadrillion worldwide. Most debt has been incurred since removal of the gold peg = Exponential Growth.

MSM PUNDITS SOLUTIONS = Slash Social Security and Medicare benefits + Sell more USA assets to creditor nations like China = BUT NEVER propose CUTS TO USURY or the interest of the financiers + Refuse to propose the debt be written off or STOP the monetary system changing interest on debt from accumulating.

AUTOMATING THE BANKS OUT OF EXISTENCE IS A GREAT SOLUTION = GET RID OF CRIMINALS + SAME INTEREST BANKERS GET NOW GO TO BUSINESS AND AMERICANS WHO APPLY AND CAN QUALIFY (MOSTLY AUTOMATICALLY KNOW) CAN GET NEAR ZERO% LOANS LIKE BIG BANKSTERS GET FROM THE FED RESERVE. FAR BETTER THAN NATIONALIZING THE FRAUDSTERS WITHIN GOVERNMENT THEY OWN! GET RID OF THESE UNTRUSTWORTHY BANKSTERS WITH AUTOMATION FOR GOOD = LET THESE SCAMMING CROOKS BET THEIR OWN MONEY IN A HIGHLY REGULATED CASINO = MINIMIZE THOSE SCAMS.

BANKSTERS = Untrustworthy and motivated by GREED and self-interest = CAN AND MUST BE REMOVED FROM POWER = WITHOUT BRIBERY THEY HAVE NO POWER. SO END THE BRIBERY WITH PUBLIC FINANCING OF ALL ELECTIONS.
, they must be removed from power. This requires a political revolution that may already have begun.

Bankers’ power cuts around the world = GLOBAL CANCER = Their power is guarded by the laws and regulations of the Western nations = They control international agencies like IMF + WORLD BANK + World Trade Organization + They influence Western military and intelligence machines (NSA + CIA + MIC + NATO is sworn to protect Western “neoliberalism (BANKING AND WARS FOR FRAUD AND MURDER) = Bankers’ Empire of USURY CANCER.

SENATOR SANDERS + Former Democratic Congressman Dennis Kucinich have spoken in favor of controlling the Federal Reserve and AUDITING IT FREQUENTLY. + Eliminate all public debt for federal government expenditures with a return to a Greenback-type system like Lincoln used during the Civil War. All Public expenses would be paid USA dollars from the Federal Government = NO USURY INTEREST.

All Western governments have VIOLATED COMMON SENSE RULES (Canadian professor of economics John H. Hotson) regarding their fiscal and monetary policies (NEVER SHOULD A GOVERNMENT PAY USURY INTEREST AS THEY CREATE THEIR OWN 0% INTEREST MONEY)”:

1. No government should ever give control of its money supply to bankers.
2. No government should ever borrow any money from any private bank.
3. No government should ever borrow foreign money to purchase abroad when there is excessive domestic unemployment.
4. Governments should distinguish between ‘capital’ and ‘current’ expenditures, and prudently finance capital improvements with government created money.

These violations would be corrected by the reforms contained in the American Monetary Act and return banking to its proper role of providing working capital for the economy + Reduce banking power over national economic and political dominance.

We need Reforms to direct an infusion of purchasing power into the hands of individuals. = Dividend Economics

20% to 30% of people in the developed world are doing just fine financially = Professionals + Technical experts + Former government employees on pensions + Small minority live off compound interest = bankers and the rich = MOST OF THEM particularly the latter group CARE ZERO about the majority + even less about the billions of less privileged people around the world.

Remaining 70% to 80% whose livelihoods are on a slippery slope downward need only one thing—MONEY! NOT A JOB like politicians, economists, GOP activists, or GOP commentators say = MORE JOBS is NOT THE ANSWER AS SLAVE LABOR + AUTOMATION DOES THE WORK = SO STOP THE BS AND FILL THE HOLE left by the private sector. Income security is not to give someone a job. It is to put money—cash—in his/her pocket = Simple fact that would soon generate far more jobs than people could fill = Some jobs would be low-paying or even volunteer jobs but that’s acceptable if people still have enough to live on and had opportunities to earn more. NOT EVERYONE HAS TO WORK IN A HIGH TECH ECONOMY THAT PRODUCES a decent standard of living for EVERYONE.

FACT = When companies eliminate jobs their stock value often goes up = MSFT = More efficient and more profitable.

2007 World GDP = $55 Trillion/6.6 Billion people = $8,300/person/year X 4 in a family is $33,200/year. = World economy is capable of producing enough for all.

Productivity of a modern TECHNOLOGICAL economy is phenomenal surpassing the wildest dreams of past generations. We have GREAT SUPPLIES of POWER + GOODS + SERVICES and only the threat of climate change or resource depletion are in our way. Plus with technology we re only going to be more productive and solve our energy problems and global warming and be more efficient with precious resources. So why do we need more jobs? WE DON’T! The idea everyone has to work is ignorant, backward, and primitive.

SOLUTION = A cash payment to everyone working or NOT, at subsistence level or higher. = Benefit of our incredible producing economy = A Basic Income Guarantee (BIG) = Treated as a HUMAN RIGHT. = A BIG does not have to be a transfer payment or a share-the-wealth scheme. But should be an acknowledgment that the economic system is bountiful and abundant. But today the abundance is being stolen by the bankers and their debt-based monetary system. “We the People” must take back our MONETARY SYSTEM with Automation Technology.

Result = Payment of a BIG as a dividend. = NOT inflationary because it would not result in “more money chasing the same amount of goods” = It would replace money borrowed from the banks (REMOVE MOST USURY) or would generate new production.

HISTORY of dividend-economics + Worldwide Social Credit originated by British engineer C.H. Douglas in the 1920s and 30s = http://www.michaeljournal.org. One of the world’s leading experts on Social Credit is Wallace Klinck of Alberta, Canada, who writes (simplified), The base cause of our essential economic and social afflictions is…a fundamental and widening disparity between consumer income versus prices = Widening loss of purchasing-power forces consumers to increasingly rely on ever increasing debt. = MASSIVE DRAIN ON LONG-TERM SPENDING POWER = We only pay interest on debt—so eliminate debt and you have effectively eliminated interest or ‘usury.’ There should be no need for any overall national consumer debt at all—consumers in aggregate should always be provided sufficient income to purchase the entire final product of industry without resorting to borrowing….The mechanisms to achieve this condition recommended by Social Credit are the payment to all citizens of a National Dividend. When the expenditure of human labor is being rapidly replaced by technology for production in a most spectacular manner = Talk of ‘no free lunch’ is entirely irrational and absolutely disastrous from an economic and social perspective—and absurd from a philosophical aspect.

1950s People in US had a single breadwinner to a family of 3 to 15.

Why is TODAY SO MUCH WORSE than 1950s when GDP is so much higher due to technical efficiency?

Maddening ‘bailouts’ to industry to produce MORE unsalable goods (SUPPLY SIDE BULL CRAP) = THE REAL PROBLEM is obvious we need MORE consumption NOT production. It is incomes and not ‘jobs’ which should be preserved = END THE obsession with ‘work’ that blinds people to reality. = Revolutionary idea but unemployment does not have to be “bad” at all. = Fewer people have to work to make what society needs to function. = Greater efficiency If JOBS AND INCOME ARE SEPARATE AND DISTINCT WHICH MAKES MORE SENSE? INCOME OR A JOB? = Dividend economics IS A BETTER WAY FORWARD AND IS HUMANE AND STIMULATES THE ECONOMY.

The Alaska Permanent Fund = A BIG CONCEPT ALREADY IN USA! = DIVIDEND ECONOMICS

The Alaska Permanent Fund (APF) = A USA BASED DIVIDEND paid to every resident of Alaska = $3,269 in 2008 out of state resource revenues = APF was set up in 1976 when Alaska voters passed a constitutional amendment calling for a direct payment to individuals rather than turning the money over to the state bureaucracy for “social services.” = A shining example of economic democracy at work. Alaska provides equal dividends to all residents of six-months or more increasing from $1,000 in 1982 to $3,269 in 2008. = NOT a welfare payment but a fair share of the bounty of the earth with no means tests + NO lines to wait in + NO bureaucrats snooping around = JUST MONEY YOU CAN SPEND AS YOU DESIRE. = APF has not ruined the character of those who get it + A millionaire receives the same payment as a person living in poverty. = MONEY is SPENT into THE ECONOMY = Part of the lifeblood of the community with NO REPAYMENT AND NO USURY INTEREST. = SO SIMPLE! = AND Sarah Palin supports the APF payment of $16,345 to even the poorest families. Palin got $19,416 check. NO LEFTIST IDEA! = Sean Hannity confirmed that Palin increased the Alaska dividend by $1200 this year with a tax increase on the oil companies to support higher BIG…OIL companies don’t own the resources.

LESSON APF is a model ready for export to all NATIONS. Jay Hammond, the Republican governor of Alaska who created the APF, came all the way to Washington, D.C., to speak at the U.S. Basic Income Guarantee Network conference in 2004. He told me that his intention was to create a BIG to help everyone—most especially the disadvantaged. If he had his way the APF fund would now be producing dividends four to eight times the current individual level of $2,069. Any other state or the federal government can afford to do what Alaska has done. Alaska has oil wealth; other states have mining, fishing, hydroelectric, or real estate wealth.

Governments give away resources to corporations all the time NOW DO IT FOR ALL AMERICANS = USA GOV gives away chunks of broadcast spectrum at no charge + Offshore oil drilling at NOMINAL COST + BIG OIL GETS $100 BILLION IN ADVANTAGES EVERY YEAR. + BANKSTERS GOT $20 TRILLION IN ZERO% MONEY FROM FED RESERVE! + HOMESTEAD ACT GAVE AWAY LAND THAT KEEPS ON GIVING! + Land grants to the railroads also helped capitalize the growth of that industry. + 98% of WELFARE GOES TO CORPORATIONS AND THE RICH

MAKE APF A NATIONAL PROGRAM AND AUTOMATE THE USURY SCAM THAT CREATES MASSIVE DEBTS FOR THE BENEFIT OF A FEW — COMPLETELY OUT OF EXISTENCE!

The SIMPLE AND ELEGANT “Cook Plan” = Pay each resident of USA a dividend = At first by Federal vouchers for the necessities of life = $1,000 per month per person starting immediately. = Share of the resources of the USA + Productivity of the modern technological economy. NO MEANS TESTING + EVERYONE RICH AND POOR GETS IT

POSSIBLE other Concepts = The Voucher Money would be concentrated through a new network of community savings banks (NO USURY) to capitalize lending for LOCAL consumers, small businesses, and family farming.

COST = $3.6 Trillion = CREATED OUT OF NOTHING LIKE BANKSTERS DO WITH EVERY NEW LOAN THEY SIGN = SAME Amount of new debt U.S. residents must incur each year from banks simply to exist. BUT THAT DEBT IS CUMULATIVE FOR MOST OVER TIME! USURY ON PAST DEBT INCREASES = TO BECOME COMPOUNDED USURY!

“Cook Plan” = 2007 Article: “An Emergency Program of Monetary Reform for the United States.” (http://www.globalresearch.ca/index.php?context=va&aid=5494)

HALT this “Grip of Death” = Termed by British author Michael Rowbotham in his book: “The Grip of Death: A Study of Modern Money, Debt Slavery, and Destructive Economics.”

UNDO THE BRAINWASHING = PROPAGANDA is only possible sources of government funding are through taxes, user fees, or the national debt

BUT a dividend of $3.6 Trillion could be paid to residents would not require a fund to be set up like the Alaska Permanent Fund (APF) replenished by oil leases.

The dividend fund = Like Banking (everyone realizes today) creates money “out of thin air” + So does the FED Reserve (like BANKS) on a massive scale simply pay Dividend using the Banks LOVELY CHOICE = “OUT OF THIN AIR” = AND AMERICANS WILL BORROW THAT MUCH LESS FROM THE BANKS EACH YEAR = REDUCING THE NATION’S TOTAL DEBTS ESPECIALLY OVER THE LONG RUN!

Federal Reserve money itself is issued as credit and we end up paying interest on it = Usury Interest on the national debt in 2009 = $500 Billion (Current low interest rates = what if it was Volcker rates of 18+%).

DEFINE Credit = The means of calling forth the productive potential of the people. + Part of the public commons + NOT for private EXPLOITATION (property) of the banks + Shoul be treated as a utility WE CAN ALL USE + Availability of credit should be a basic human right = Part of ‘life, liberty, and the pursuit of happiness.’”

BANKING MONOPOLY = Banking System has a monopoly on credit seized unlawfully from USA government, where, under the U.S. Constitution, Congress alone, according to Article II, has the prerogative to, “coin money and regulate the value thereof.”

FACT = NO valid reason exist (except bankers’ propaganda) why the federal government, as authorized by Congress, could not issue credit through a citizens’ dividend, by direct government spending. Lincoln DID IT AND WE CAN ALSO!

“GAP” Chart model shows we can monetize the productive potential of the nation held back by businesses from payout as wages, salaries, and dividends by withholding retained earnings that business will use later to renew production through investment. These GAP FUNDS are idle but when used to empower new consumer purchasing power they become real = NOTE: Electricity is invisible until harnessed.

The Hope of Monetary Reform: For people to pay for a nation’s GDP, sufficient purchasing power must be generated = Increase ‘aggregate demand.’ But INCOME from wages, salaries, and dividends is never enough to consume all our produced GDP = THE GAP of retained earnings for future investment. The way society decides to fill the gap reflects whether it views itself as an Empire dominated by the RICH FEW who profit at the expense of the many, or a democracy, where all members of society have the opportunity to prosper.

THE GAP = Under EMIRE or Imperial design, THE GAP is viewed negatively and filled by bank lending at usurious rates of interest + Foreign Conquests/WARS + Demand for Economic Growth + Aggressive trade policies + Inflation of the currency.

THE GAP = Under DEMOCRATIC IDEALS, by contrast, is an opportunity to monetize THE GAP as a public credit for direct government spending = A citizens’ Dividend of $1,000 per person per month. = Monetization of savings is credit as a public utility, NOT private property of banks.

Keynesian economics tries to weave between EMPIRE/Imperial and DEMOCRATIC ideals by using government debt to monetize THE NATIONS SAVINGS = Leads to DESTRUCTION OF THE CURRENCY and to bankruptcy or inflation.

Today Our late stage of EMPIRE/Imperialistic monetary policies has led to financial collapse after financial collapse built on PAPER DEBTS each time getting closer to the GRAND FINALLY.

USA has a HISTORY of DEMOCRATIC IDEALS AND MANAGEMENT OF CREDIT WITH GREAT SUCCESS = Lincoln’s Greenbacks saved the UNION DEBT FREE but was never on a sufficient scale to transform the ENTIRE ECONOMY like Lincoln hoped to do, but was assassinated. But TODAY we have a CHANCE to replace the economics of BANKING EMPIRE with economics of DEMOCRACY.

“Cook Plan” = USA Treasury issues Dividend Checks from an account representing the productive potential of the nation once the money is spent by its PEOPLE = Producing a ROBUST ECONOMY with far less DEBT. = The dividend replaces money borrowed from banks for consumption and would stimulate production of new goods and services within the physical economy. = FAR LESS INFLATION than the BANK EMPIRES inflating using Federal Reserve Notes.with their bank interest charges added onto it prices charged consumers at the point-of-sale.

NOTE: Once the dividends are SPENT into circulation or deposited as savings — The money would not have to be paid back as bank loans. + Savings would MOST IMPORTANTLY would INCREASE because citizens NO LONGER PAY MASSIVE USURY and GAIN BACK the LOST ability to save (NOT POSSIBLE IN A USURY BANK EMPIRE = Interest chargeS sucks up all available cash from people’s pockets)

NOTE: The dividend would not be taxed and would INITIALLY be in the form of FEDERAL VOUCHERS that are spent like money on necessities of life such as food, housing, transportation, clothing, communications, or business/home maintenance = NOT LOTTERIES, GAMBLING, ALCOHOL, OR ENTERTAINMENT. Eventually as it becomes clear Americans are responsible in their spending habits the Vouchers would be phased out and replaced by money.

Dividends are deposited in Accounts in NEWLY SETUP Local Community Savings Banks. ACCOUNTS in the bank MUST keep a certain minimum of money on deposit to capitalize lending by the bank within the local community to spur community growth with LOW INTEREST (1% or less) LOANS to its local citizens and businesses + A premium for default insurance depending on the credit status of the borrower. = Persons eligible for lending = Citizens + Students + Small businesses + Local manufacturing concerns + Family farmers, etc.

Obviously = A DEMOCRATIC system of Dividends would completely transform and revitalize local economies in America = This system could be applied to any nation where it is implemented.

THE CANCEROUS USRUY BANKING EMPIRE = Horrible feature of the current usury-based is when Global MULTINATIONAL CORPORATIONS colluding with BANKS come into communities and destroy local businesses by underpricing them + Then once local businesses are gone these CORPORATE RAIDERS use MONOPOLY PRICING to extract all LOCAL WEALTH from the citizens = People are left so cash-poor they buy with credit cards + The CORPORATE RAIDERS pay extremely low-wages to the workers they employ.

DEMOCRATIC DIVIDEND PLAN (“Cook Plan”) directly injects purchasing power into the community + A new system of low-cost credit = Transforms this dire situation completely to allow people to live and prosper without dependence on credit cards, government job-creation programs, or government welfare bureaucracies. + Allow a resurgence of volunteer activities + Work at lower-paying professions such as family farming + Education + The creative arts. = BIG Basic Income Guarantee WORKS.

DEMOCRATIC DIVIDEND PLAN = Stimulus of $3.6 Trillion the first year of implementation directly added to consumer income = 25% of AMERICA’S GDP. = Debts Repaid + Money could be saved + Necessities of life would be assured + A renaissance in local, rural, and regional economies would come about within a few years. = NO MORE POVERTY PROGRAMS = FOOD STAMPS + WELFARE …. = LESS GOV COST AND INVOLVEMENT!

DEMOCRATIC DIVIDEND PLAN = Finally the “leisure dividend” promised by the Industrial/Technology age called the “Curse of Plenty” (quote Winston Churchill) = NOT from government-engineered “full employment” or WELFARE PROGRAMS or Socialism = BUT through APF Alaska-style Income Security leading to real economic freedom and democracy. = The right of the individual to obtain a significant measure of economic freedom through the fact of membership in a society that is heir to the genius of past generations in creating the material environment in which we live. = NOT the property of the banks and NOT the property of the government. It is the property of the people.

Conservative model of a bank-run USURY EMPIRE that EXTRACTS WEALTH + Democratic Party’s us of tax-borrow-and-spend job-creation programs that may or may not work = ARE ANTIQUES OF A UNNATURAL MONARCHAL PAST = BOTH LACK WISDOM AND INSIGHTS = BOTH LACK FAIRNESS IN SHARING OF THE COUNTRIES WEALTH AND PROSPERITY.

DEMOCRATIC DIVIDEND PLAN = DEMAND-SIDE DIVIDENDS = A national system of dividend economics CAN BE IMPLEMENTED that draws on the wisdom gained over decades of watching the Empire of Usury suffocating the life out of the world’s economy.

DEMOCRATIC DIVIDEND PLAN = It is now time to put our new wisdom to work for “We the People” to live in freedom on this beautiful planet = A major step upward in human social evolution = BANKERS must go the way of MONARCHS a part of history.

DEMOCRATIC DIVIDEND PLAN = Would take some planning of program details —though not much time. The method for calculating the Dividend each year to fill THE GAP and MEET PEOPLE’S NEEDS would be defined (25% of GDP for example) = The dividend is from the Power of Our Economy and Nature to create a BOUNTIFUL SURPLUS and treats that as a Public Utility Credit to give back to the people as a human right (like APF in Alaska). NOTE: THIS BOUNTY is NOT the private property of the banks = THE U.S. CONSTITUTION IS CLEAR = ONLY GOVERNMENT CAN ISSUE MONEY = NOT BANKS

DEMOCRATIC DIVIDEND PLAN = Can avert the NEXT BANKING COLLAPSE + THE NEXT SET OF WARS + REPAIR IN ONE STEP USA #1 RANK AS HIGHEST IN BOTH WEALTH INEQUALITY AND INCOME INEQUALITY in DEVELOPED WORLD.

END THE CANCEROUS EMPIRE OF USURY BANKING

DEMOCRATIC DIVIDEND PLAN VERSUS USURY DEBT POLICY:

“If society had followed the Social Credit policy of C. H. Douglas who advocated Consumer Dividends and Compensated Retail Prices instead of the Fabian Socialist social debt policy of the late economist John Maynard Keynes, none of the current madness would have occurred. We would be enjoying increasing prosperity with falling prices and increasing leisure as should be the case in any modern and civilized society.” With constant technological Innovation and Efficiency.