Ellen Brown: Difference between revisions
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= monetary transformation advocate, author of the book, [[Web of Debt]] | |||
=Citations= | |||
'''1.''' | |||
"My main focus is the need for monetary reform, which can achieve these important goals, among others – | "My main focus is the need for monetary reform, which can achieve these important goals, among others – | ||
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– provide total benefits of at least a trillion dollars a year that we can quickly calculate, and probably more." | – provide total benefits of at least a trillion dollars a year that we can quickly calculate, and probably more." | ||
(http://webofdebt.wordpress.com/response-to-gary-north/) | (http://webofdebt.wordpress.com/response-to-gary-north/) | ||
'''2.''' | |||
"How are you going to wrest Congress from the grip of Wall Street? Here’s my plan: (1) break up the “too big to fail” banks by freezing foreclosures – ForeclosureGate – something that is happening right now; and (2) eliminate the “too big to fail” mystique by setting up an alternative banking system, one run by the people for the people, involving a partnership of publicly-owned banks and local community banks." | |||
(http://webofdebt.wordpress.com/response-to-gary-north/) | |||
Revision as of 04:04, 25 January 2011
= monetary transformation advocate, author of the book, Web of Debt
Citations
1.
"My main focus is the need for monetary reform, which can achieve these important goals, among others –
– shift the money power from the creation of a national “debt supply” through parasitic bank loans – a power now held chiefly by Wall Street — to a non-debt money supply created as a public service, operated by and for the benefit of the people.
– provide public benefits including the elimination of the national debt and its interest payment of ~$400 billion/year.
– make the government the employer of last resort, creating full employment and falling prices due to wise investment of this labor (infrastructure, education, etc.).
– create credit at cost as a funding mechanism for public services/goods, with state-level credit creation an important option.
– provide total benefits of at least a trillion dollars a year that we can quickly calculate, and probably more." (http://webofdebt.wordpress.com/response-to-gary-north/)
2.
"How are you going to wrest Congress from the grip of Wall Street? Here’s my plan: (1) break up the “too big to fail” banks by freezing foreclosures – ForeclosureGate – something that is happening right now; and (2) eliminate the “too big to fail” mystique by setting up an alternative banking system, one run by the people for the people, involving a partnership of publicly-owned banks and local community banks." (http://webofdebt.wordpress.com/response-to-gary-north/)