Interest charged by banks IS a form of taxation, levied by privately owned corporations, which can and do shift money around globally with no regard for local, nor national social criteria, e.g. the provision of essential services such as hospitals, schools, roads and fire departments.
It is ironic that governments misallocate tax revenues, by paying interest on loans from private banks to fund spending on essential services, whereas these would be self-funding with public banking.
@gerryhiles1 To add - because I ran out of word allowance - all I have done is try to augment what Ellen is saying. I have been involved for quite a while.
Please go to her site for more information, e.g. Google "Web of Debt", because I do not know how to post a direct link here.
4:45 Then Lincoln printed his own money during the civil war.
Jct: Buchanan's previous administration was first to use US Treasury Greenback dollars! Buchanan doesn't get credited enough for Lincoln's Greenbacks.
12:00 She didn't support Kucinich's NEED Act to End the FED using US Treasury Greenbacks like Lincoln though she admitted it would have worked like in old colonial days. Talk about blowing a chance to focus attention on a workable solution on the national agenda!
@megagagnon1 Rush Limbaugh is a loud mouthed A-Hole. Rush has been caught in so many scandals most of his guests are politically unknown or stupid. He doesn't belong anywhere near Polite society much less be called a great mind.
Interest charged by banks IS a form of taxation, levied by privately owned corporations, which can and do shift money around globally with no regard for local, nor national social criteria, e.g. the provision of essential services such as hospitals, schools, roads and fire departments.
It is ironic that governments misallocate tax revenues, by paying interest on loans from private banks to fund spending on essential services, whereas these would be self-funding with public banking.
gerryhiles1 3 months ago
@gerryhiles1 To add - because I ran out of word allowance - all I have done is try to augment what Ellen is saying. I have been involved for quite a while.
Please go to her site for more information, e.g. Google "Web of Debt", because I do not know how to post a direct link here.
gerryhiles1 3 months ago
4:45 Then Lincoln printed his own money during the civil war.
Jct: Buchanan's previous administration was first to use US Treasury Greenback dollars! Buchanan doesn't get credited enough for Lincoln's Greenbacks.
12:00 She didn't support Kucinich's NEED Act to End the FED using US Treasury Greenbacks like Lincoln though she admitted it would have worked like in old colonial days. Talk about blowing a chance to focus attention on a workable solution on the national agenda!
kingofthepaupers 3 months ago
Not a great speaker but Ellen Brown is a genius. Her ideas are Truly democratic and her knowledge of the Banking system is marvelous.
skullandbadbones 3 months ago
Currency should complement society, not enslave it
troxel02 3 months ago 6
Hartmann shouild have a "Conversation with great minds" with Rush Limbaugh or Mark Levin. Ann Coulter or Michelle Malkin would do as well.
megagagnon1 3 months ago
@megagagnon1 You are right. All 4 would be a great meme.
MrGnarus 3 months ago
@megagagnon1 Rush Limbaugh? LOL. It's called 'Conversations of Great Minds', not great mounds!
Cabronosidad 3 months ago
@megagagnon1 Rush Limbaugh is a loud mouthed A-Hole. Rush has been caught in so many scandals most of his guests are politically unknown or stupid. He doesn't belong anywhere near Polite society much less be called a great mind.
skullandbadbones 3 months ago 2
@skullandbadbones Yes, you're correct, Rush Limbaugh would make a fine president.
megagagnon1 3 months ago
This has been flagged as spam show
Enemy of Greece, Ireland, Italy, Spain, Portugal,& USA - Jew
1.Goldman Sachs CEO, Lyold Blankfein-Jew
2.IMF Deputy CEO, John Lisky-Jew
3.Ex IMF CEO, Dominic Strauss-Jew
4.World Bank CEO, Robert Zoellick-Jew
5.Ex World Bank CEO, James Woolfesen-Jew
6.Fed Chairman, Ben Bernanke-Jew
7.Ex Fed Chairman, Alan Greenspan-Jew
8.Obama Treasury Secretary, Tim Geithner-Jew
9.George Bush Treasury Secretary, Hank Paulson -Jew
Stevie68000 3 months ago
Thanks for the post. Ms. Brown is an interesting person and I always enjoy listening to her.
bpartoens 3 months ago