Part Two of Six Parts_ Credit As A Public Utility_ The Solution to the Economic Crisis.flv

via dandelionsalad.wordpress.com and with permission from Richard C. Cook

Part Two of Six Parts: Credit As A Public Utility: The Solution to the Economic Crisis "The Federal Reserve System: The Bankers Take Over" Written and Produced by Richard C. Cook Summary: President Lincoln's Greenback system worked but was undermined and replaced by the financiers who got Congress to pass the National Banking Acts of 1863 and 1864, then the Federal Reserve Act of 1913. The United States now became a nation dominated by the financial elite, the banks, and a debt-based monetary system. Consequently, the 20th Century was one of constant cycles of inflation and deflation resulting in the economic chaos we see today. Richard C. Cook is a former U.S Treasury analyst who also worked in the Carter White House and for NASA and writes on public policy issues. His new book is We Hold These Truths: The Hope of Monetary Reform (Tendril Press 2009). His website is www.richardccook.com. He is a member of the U.S. Basic Income Guarantee Network and has been an adviser to Congressman Dennis Kucinich and the American Monetary Institute. Purchase the DVD at Richard C. Cook's website.

Category:

Nonprofits & Activism

Tags:

• monetary reform
• money
• economics
• currency
• Benjamin Franklin
• Thomas Jefferson
• James Madison
• Andrew Jackson
• American Monetary Institute
• Dennis Kucinich
• Richard C. Cook

[SailorBarsoom]

OK, I'm listening. I'm nervous, because some of this is sounding a little Alex Jones-y, but I'm not ready to just say no. I'll keep watching, and make my mind up later.

[Gorsouul]

Thanks for sharing these videos. They're very interesting and educating, and makes me want to learn more about this subject :)