The Cook Plan - Richard C. Cook on Economics 101

A veteran economic analyst and former Project Manager at the U.S. Treasury, Richard C. Cook joins us to discuss his "Cook Plan" to resuscitate the economy. We also discuss monetary reform and his new book We Hold These Truths: The Hope of Monetary Reform. For more information please visit his website:

http://www.richardccook.com/

Category:

Education

Tags:

• economics
• 101
• cook
• plan
• economy
• recovery
• financial
• fed
• debt
• reform
• monetary
• corbett
• report

[wrefordon]

@Frequencitee That's right, the terror is always socialism, the banking families are to destroy the morale and health of the population, the MI 5and 6 are the protectors of these bankers as you can see the police violence against protesters on wall street and elsewhere, what the police do not know is they also are expendables and if there become an end game the police would be killed by death squads or and serve as slaves to the new regime, that is the banking emperors.

[hvanoorschot]

Richard was on dutch television news this evening showing how even people like him face the end of their government benefits and being put out of his rental home in 5 months time. He also told that neither democrats or republicans have shown solutions when there is no increase in jobs.

[turfangel]

Those in power can not do anything that is beneficial to other life-only can they use their power to destroy life-that is their covenant with Satan.

[QuarkToo]

I agree with Cook. What Obama did by giving an organized crime syndicate our money is to make it worse.

What they do is use that money to buy or control real brick and mortar companies, part them out and sell them to China. The people go further into poverty/debt. and they make more money and repeat process.

Take the economy away from the Jews on Wall street. 1% of the population controls 96% of the wealth and their greed cannot be satisfied.

[Piscivorus]

The Cook Plan:

1. Send every citizen $1,000 of federal [fiat] money every month (unconstitutional)

2. Deposit federal fiat into "community development" (CD) banks (gov banks?)

3. Lend the money back to the people with interest. (back to square one)

My Plan instead:

1. Ban fractional reserve banking.

2. Mandate a 100% reserve standard.

3. Allow banks to issue their own private currencies.

...problem solved.

[debtruth1]

makes sense. but the govt would never attempt this.....without purchasing power, people will just lay down and accept their reform agenda....quietly....which is what the PTB and the like of soros dream of.

[fal2grace]

I think Mr. Cook's analysis of our current economic situation (ie creating wealth out of debt and bubbles) is spot on. And I'm all for handing money straight to the public. I've lived through several "trickle down" efforts... and they never trickle. Thanks!!!

[REXMARX003]

Mr. Corbett,

The music is great on intro.

The jacket is very helpful in making the image.

You have done everything I can think of to make this "look" main stream and that helps people see it with more open eyes.

My hat is off to you, sir.

e

[bigdaddyof2008]

Hell Yeah!!!

Lets all go on the dole that should really whip up production.

Gimmie a break, all this plan would do is encourage people too sit on their behinds, watch the idiot box and wait for the end of the month to collect the check.

He is correct in one scent tho... Gov't must take back its rightful role of creating the credit of its nation, debt free!!!

To spend money into being thru productive projects. Thus creating meaniful employment.

[Frequencitee]

Mr. Corbet. Of course, there will be people screaming that this is socialism without actually reading the premise close enough to see the differences.

In this instance, and since the program could be deemed quasi-government in its' nature, there is a need to identify this program as user participant. This way, it is only used long enough to show the desired results.

This sounds very much like micro-financing programs that have been implemented in developing countries.

Thank you for this!