A New Way Forward: Protesting the Banking Bailouts

4/11/2009 Austin, TX
A New Way Forward organized a national day of protest against the banking bailouts and the heavy presence of bank interests in control of our governmental policy.

Category:

News & Politics

Tags:

• bailout
• banking
• bank
• skinnychef
• new
• way
• forward

[brentoneccles]

Learn about a solution.

"The Venus Project"

[skinnychef]

i've heard the lectures from the zeitgeist movement-- the activist arm of the venus project. it is interesting, but is it applicable?

i am not so sure. at least for now we need to depose the current seat of power first-- ie. the corporate oligarchy

[brentoneccles]

Ah well yes we need to work on that also, but it's not going to solve our problems in the long term because (eventually over time) the corporate oligarchy will return.

It is good that you are healthily skeptical, though, to just hear something and believe it would be like useless dogma.

I think it's incredibly practical, because this is where we're headed anyway - monetary structure is merely holding us back from utilising high technology because it's not really profitable due to it's abundance.

[skinnychef]

in a sense, i agree. the system WILL collapse, and SOMETHING new will be created, I am just not sure what that will be. feudalist agrarian society? tech style utopia? we will see....

[HurricaneHeidi]

I agree with you. I and my family members have removed our accounts from the banking system and placed our accounts in CREDIT UNIONS instead. I believe that is a practical and functional way of both creating an impact (sort of like a boycott) and keeping our savings much safer at the same time.

[skinnychef]

hi heidi!

that is an interesting way to go about it. did you all move your mortgages too?

good idea!

xox

skinnychef

[Martintfre]

Keep at it !

activism must take many forms - also get involved in your local party structure - and take over - the message of freedom is popular restore the constitution, audit the fed.

[HurricaneHeidi]

But YES, if you must have a mortgage, give the business to a Credit Union, which legitimately lends a safe proportion of it's members' pre-existing savings ONLY to OTHER members in good standing and NEVER creates inflation by creating new money during the lending process the way the Federal Reserve banking system does (AKA legalized counterfeiting & inflation - read "Web of Debt" by Brown) xox 2 U 2, HH

[73849309378]

GO ANWF!

[ourearthhome]

Finally being put into question with draft reform legislation is the private creation of money by the privately owned Federal Reserve that monetizes Federal debt unnecessarily and the privilege of banks to create money out of thin air based on the dubious practice of fractional reserves started by middle ages gold smiths. What has seemed so difficult to understand is nothing more than a private scam to get something for nothing at the expense of every individual and the nation/world as a whole.

[MikeBunds2001]

Bush "rescued" the banks.

[cheeryvibez]

of benifits, yet banks , hell give them billions, who cares, lets make it damn near impossible for people with real physical disabilities to get benifits , yet give the banks billions for fucking up,

[cheeryvibez]

and then the banks will trade off the credit junkies debt, lol, debt that will never be reapaid, hence why all this money just vanished, (+ sub par mortages..)

these people are thieves, yet they get lighter treatment in most cases than you would for shoplifting. if you were to defraud the uk goverment over a weekely dole check you would end up with a criminal record, a huge fine and possible jail time!! lol lol lol lol

its getting harder and harder for people to get money there owed in terms

[cheeryvibez]

what i hate about this whole thing, i know 3 people who have run up 30k debts they cant pay and then laugthed it off by going bankrupt ,

now this is not an uncommon story,

myself, i never used a credit card, i h8 them, my wife has one she has used once, for an emergency plane ticket, but we are expected to pay for other peoples greed,

so, you got some people who can handle there debt, some people who take to credit cards like its a coke habit, we are now expected t pay for the credit junkies?

[brentoneccles]

Well, it all depends on what we want to create.

If enough people know about the proposals of The Venus Project when 'the end' comes - then they will likely make that transition.

[brentoneccles]

Just keep learning about this direction, that's the important thing. :)