tag:blogger.com,1999:blog-53246864840716464.post7315648219970973415..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Do We Really NEED The Giant Banks?Unknownnoreply@blogger.comBlogger8125tag:blogger.com,1999:blog-53246864840716464.post-14440714254599602052009-12-23T14:21:50.975-08:002009-12-23T14:21:50.975-08:00Good post overall but that globalresearch article ...Good post overall but that globalresearch article at the end is absolute shite. I can't comment directly on all of it but the section on the Alberta Treasure Branch was copy-pasted almost entirely from ATB's own promo material. http://www.atb.com/Dev/aboutatb/ATB%20Book/atb_book.pdf<br /><br />Nevermind the fact that since the great depression it's been almost impossible not to make money in Alberta. We happen to be floating on oil and the massive investment that's been flowing into that sector for decades now has coattailed everything else along with it. ie: The service industry. It's even padded the budgets of the rest of the country via equalization payments.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-57338444177349733712009-08-05T22:19:35.020-07:002009-08-05T22:19:35.020-07:00The first post to this blog is right on. Every th...The first post to this blog is right on. Every thing big needs to go starting with the banks. I would put Health Insurance Co. (the big 5) out of business next. The Walmarts of the country next. Put back in place the Import tariffs on all manufactured goods large enough to pay for single payer health care, lower taxes on wage earners, tax the hell out non goods producing investments, ban all speculative commodity trading. That's a start get this done and then we can talk.Anonymoushttps://www.blogger.com/profile/13156080225918567393noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-1208662234638895202009-08-05T21:47:48.797-07:002009-08-05T21:47:48.797-07:00Great documentation, George :)
I yield my analysi...Great documentation, George :)<br /><br />I yield my analysis and policy proposal to one of the brightest minds in American history: <br /><br />Peter Cooper (1791-1883) ADDRESS AT THE CONVENTION OF THE NATIONAL PARTY, CONVENED IN BOSTON, 4TH OF JUNE, 1879. http://yamaguchy.netfirms.com/7897401/cooper/cooper_index.html .<br /><br />“I have long been compelled to believe, that all that is now or ever has been required to secure permanently, is a safe deposit for all the unoccupied moneys of the country, and an ever strengthening bond of National union, as well as the best currency, that our country or the world ever saw, will be for the Government to do now, what should have been done at the close of the civil war,—and at the close of the war of Revolution against England—namely, to make the people’s money, found in circulation at the close of the war the sole money of the country, and the unflactuating measure of all values, receivable for all forms of taxes, duties and debts, and interconvertible with the interest-bearing bonds of the Government, which should bear an equitable but low rate of interest.<br /><br />…How can we, as a Republican and a free people, control the Financial Institutions and the policy of this Government in the interest and prosperity of the whole people?<br /><br />It is evident, that some fatal errors have been committed, some where, by which want, ruin and distress have been introduced, where before was prosperity, abundance and full employment for the enterprise and industry of this nation.<br />Individuals may suffer from extravagance, over-trading or over-production; but how can a whole nation have its joy and prosperity turned into mourning, but by the fatal errors of its ruling classes, which make the laws, and can thus mete out injustice and dry up the resources of a nation by rapacity and greed of gain, instead of diffusing happiness, education and freedom among the people.<br /><br />Misgovernment and the faults of the ruling class have always proved in history the trouble and sorrow of nations. All the responsibility of a nation’s happiness, which may depend on a people’s laws and administration, must rest upon those, who are, for the time, the law making and administrative class.<br /><br />Though the influences, that are now working against the rights of labor and the true interests of a Republican Government, are insidious and concealed under plausible reasons, yet the danger to our free institutions, now, is no less than in the inception of the rebellion, that shook our Republic to its centre. It is only another oligarchy, another enslaving power, that is asserting itself against the interest of the whole people. There is fast forming in this country an aristocracy of wealth—the worst form of aristocracy, that can curse the prosperity of any country. For such an aristocracy has no country—“absenteeism,” living abroad, while they draw their income from the country, is one of its common characteristics. Such an aristocracy is without soul and without patriotism. Let us save our country from this, its most potent, and, as I hope, its last enemy…It was well said, lately, by one of the Southern statesmen, that the “Government had impoverished, discomfited, and crushed the South more by its financial policy, since peace was declared, than by its arms during the whole war of Rebellion! ”<br /><br />If the people can look for no relief from the present Congress and Administration—if those, who now sway the financial interests of the country cannot see their great opportunity—then new men must be chosen by the people, whom they can trust to make laws, and execute measures, that “shall secure the blessings of liberty to themselves and their posterity.”Carl Hermanhttp://classlink.lcusd.net/classlink/viewfiles.php?pid=4096noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-87302056562965188882009-08-05T18:53:29.816-07:002009-08-05T18:53:29.816-07:00Future of a Nation that can not trust the Governme...Future of a Nation that can not trust the Government & Propaganda Media?<br />How many times has the Government & Propaganda Media lied to you?<br />Chronic lying as career path or intellectual prostitution for paycheck?<br />Gravel Kucinich Paul Nader McKinney Ventura Sheehan Kaptur.<br />Fool me once shame on you, fool me twice shame on me.<br />Poodles, Puppets, Sham debates, Scam elections.<br />9/11 liars, AIPAC liars, Federal Reserve liars.<br />Speak no evil, hear no evil, see no evil?<br />Greed & corruption or conscience?<br />Leaks from Whistleblowers.<br />perotcharts.comnader paul kucinich gravelnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-11211431497072563672009-08-05T17:13:19.585-07:002009-08-05T17:13:19.585-07:00The biggest problem w/these large banks is that th...The biggest problem w/these large banks is that they are involved in an incestuous relationship w/governments the world over. Instead of retiring to green pastures, senior bankers and officials sleep in the same beds w/the same partners. They stifle creative or outside thoughts. <br /><br />The US can start by extending non-compete provisions to include government work. In other words, a retiring banker or retiring senior bureaucrat is banned from working at a bank or public office for a period of 20 years after retirement.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-54747402797034616092009-08-05T16:17:54.228-07:002009-08-05T16:17:54.228-07:00Gauging the aptitude and the altruism of all these...Gauging the aptitude and the altruism of all these actors is more important than size discrimination. <br /><br />The demonization of large banks is due in part to the rapacious greed of those in their employ, -but also- this demonization is due to the size of the target put out for incompetents whose altruism is best measured by gauging their desire to stand upon what is otherwise a rubbish heap of purported economic genius.<br /><br />What is lost in the analysis is that all these so-called large banks are fictitious in the common parlance, a parlance that attributes to any of them -a consciousness, a soul or body.<br /><br />In this sense, -they do not exist.<br /><br />These large banks are made up of individuals, some of whose hubris has grown gravely out proportion to any real significance.<br /><br />Keep your eye on the money. And do not be deluded into thinking it was the mirage of an unconscious-unthinking entity that benefits from any of it.<br /><br />It is the same illusion as suffered by those who think they have stock shares in one of these companies. They have stock shares, but the relationship between the stock share, and the company is very near to meaningless.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-6063155933359155392009-08-05T15:04:58.161-07:002009-08-05T15:04:58.161-07:00These large banks are needed.They loan and manage ...These large banks are needed.They loan and manage money for multi national corporations. If small banks were to take over it would mean growth for small business. Mom and pop stores might open. It might even lead to more local production of goods. This would harm important people!<br /><br />This is another example of selfish Americans. Every item produced in the USA harms the Global economy. Next thing you people will begin to demand is the the Federal Reserve be abolished just so you won't have to pay wealthy bankers interest on what you think is your money. Drink the Blue Kool Aid, it is healthy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-63857360756744681362009-08-05T07:07:50.100-07:002009-08-05T07:07:50.100-07:00Excellent post. It seems that people are starting...Excellent post. It seems that people are starting to wake up to the many advantages of keeping things local, including using a local bank. Next step, get more people to stop buying from Walmart, Best Buy, Target, Home Depot, etc. Bring the manufacturing jobs back to the US from China.Anonymousnoreply@blogger.com