01-05-2010, 01:09 PM
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#13
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Avalon Senior Member
Join Date: Nov 2008
Posts: 3,564
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Re: Webster Tarpley's Ideas for What the U.S. Should Be Doing
Quote:
2. Measures to nationalize the Federal Reserve, cut federal borrowing, and provide 0% federal credit for production: Seize the Federal Reserve and bring it under the U.S. Treasury as the National Bank of the United States, no longer the preserve of unelected and unaccountable cliques of incompetent and predatory bankers. The size of the money supply, interest rates, and approved types of lending must be determined by public laws passed and debated openly, passed by the congress and signed by the president. Stop U.S. government borrowing from zombie banks and foreigners -- let the U.S. government function as its own bank. Reverse current policy by instituting 0% federal LENDING with preferential treatment for tangible physical production and manufacturing of goods and commodities, to include industry, agriculture, construction, mining, energy production, transportation, infrastructure building, public works, and scientific research, but not financial services and speculation.
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If we could just do this part, probably a lot of other things would fall into place naturally.
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