Greek PM: ''The financial system is stronger than the will of the people.''

[yurbud]

We need to prove him and the bankers wrong.

Now we just have to figure out how to do it.

Is there still room for democratic redress when politicians are either so bribed or so threatened that they can ignore both the will and welfare of their own people?

I was listening to the PBS NewsHour last Wednesday as I was preparing dinner, when I heard something that made me drop my onions.

Not believing my ears, I had to find it on the web to see if I'd actually heard it right, and I found it here the next day. Let me give you the phrase from the report that stunned me:

And this extraordinary admission: "The financial system," he said, "is stronger than the will of the people."

Leading up to Wednesday and Thursday's parliamentary approval of austerity measures that follow last year's failed austerity measures, Papandreou faced so much opposition from his own party that he could not have passed the measures unless he reorganized his parliament - which he did.

Greece now faces further layoffs, lower wages, higher taxes - and perhaps most stunning of all - privatization of Greek assets. They have lost their sovereignty, and may now lose ancient treasures, transportation grids, who knows what else? They've set up a privatization agency under austerity plans agreed with the European Union and IMF and must sell off five billion euros in state assets this year alone.

http://www.dailykos.com/story/2011/07/03/990947/-Papandreou-makes-an-extraordinary-admission

[TheKentuckian]

1. Escalation time.

[Jackpine Radical]

5. Worldwide.

Let's roll.

[proverbialwisdom]

18. Recommended.

http://www.guardian.co.uk/business/2011/jun/28/greeces-fire-sale-shunned
Debt-laden Greece finds no buyers in 'fire sale' of national assets

Greece puts €50bn of national assets on sale in hotel ballroom but private equity firms are not interested

by Rupert Neate guardian.co.uk, Tuesday 28 June 2011 18.46 BST

-----

http://wlcentral.org/node/1907
2011-06-20 Democracy vs Mythology: The Battle in #Syntagma Square #greekrevolution #europeanrevolution

Submitted by Anonymous on Mon, 06/20/2011 - 14:34

What is going on in Athens at the moment is resistance against an invasion — and this invasion is being justified with the extensive use of mythology.

By Alex Andreou, originally published on SturdyBlog

I have never been more desperate to explain and more hopeful for your understanding of any single fact than this: The protests in Greece concern all of you directly.

What is going on in Athens at the moment is resistance against an invasion; an invasion as brutal as that against Poland in 1939. The invading army wears suits instead of uniforms and holds laptops instead of guns, but make no mistake – the attack on our sovereignty is as violent and thorough. Private wealth interests are dictating policy to a sovereign nation, which is expressly and directly against its national interest. Ignore it at your peril. Say to yourselves, if you wish, that perhaps it will stop there. That perhaps the bailiffs will not go after the Portugal and Ireland next. And then Spain and the UK. But it is already beginning to happen. This is why you cannot afford to ignore these events.

The powers that be have suggested that there is plenty to sell. Josef Schlarmann, a senior member of Angela Merkel’s party, recently made the helpful suggestion that we should sell some of our islands to private buyers in order to pay the interest on these loans, which have been forced on us to stabilise financial institutions and a failed currency experiment. (Of course, it is not a coincidence that recent studies have shown immense reserves of natural gas under the Aegean sea).

China has waded in, because it holds vast currency reserves and more than a third are in Euros. Sites of historical interest like the Acropolis could be made private. If we do not as we are told, the explicit threat is that foreign and more responsible politicians will do it by force. Let’s make the Parthenon and the ancient Agora a Disney park, where badly paid locals dress like Plato or Socrates and play out the fantasies of the rich...

[JackRiddler]

56. Watch this great documentary on Greek debt, with lots of history relevant to all countries...

DEBITOCRACY (XREOKRATIA)

Mostly in Greek, but also English, French, Spanish, German and more... English subtitles, don't worry. History of "odious debt," from Cuba in 1898 to Argentina in 2002 and Ecuador today. How the Greek debt was really run up...

http://www.youtube.com/watch?v=qKpxPo-lInk

[drokhole]

59. Well, sure as hell sounds like a modern day version of "Let them eat cake." nt

[Enthusiast]

70. ...

[Dawson Leery]

2. The TBTF banks needed to die off!

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=439&topic_id=1409086&mesg_id=1409086

[SpiralHawk]

42. "Smirk." - RepubliBank International, UnLtd. (R)

[The Big Vetolski]

3. That is disgusting on so many levels I don't know where to begin,

but I'll try with your question: "Is there still room for democratic redress when politicians are either so bribed or so threatened that they can ignore both the will and welfare of their own people?"

Not in Greece. Look for a revolution. It may get nasty. Anyone on Wall Street selling guillotine futures?

[socialist_n_TN]

9. Not just Greece. Greece today, tomorrow us

Make no mistake, capitalism will NOT stop at the borders of Greece. Or Spain, Portugal, Italy or Ireland. They'll be here with this shit in no more than two years.

[The Big Vetolski]

21. I think you meant "austerity" measures won't stop at the European

borders, not capitalism. I've read your posts, so I know you know that capitalism is dominant in America. That said, I agree with you. The kleptocrats in Washington are plotting stealing more public assets in the name of lowering the deficit right now. Wisconsin, Ohio, and now Minnesota are just a foretaste of national Things To Come. I don't like it, but I don't know what I can do about it right now, either, except to vote against one of Governor Kasich's central planks this November.

[socialist_n_TN]

24. Yeah, I do mean the "austerity" measures

And the attitude of the Greek PM is already rife here in BOTH political parties. Yeah vote, but don't leave out other means of resistance too. If nothing else, talk it up. I'm going to share this PM's thoughts on financial markets and democracy to everybody I can think of. It's easier to convince people when they drop the pretense.

BTW, welcome to DU!

[yurbud]

10. if you live in New York, I would be talking to any cops I know asking how far they will go to

protect those on Wall Street who are trying to put the cops' families and the rest of ours in Third World shantytowns.

The tide will turn when those who protect and carry water for the psychopaths refuse to do so anymore.

Without their servants, the self-styled John Galts of the world could not even wipe their own asses and would starve within a week because they don't know how to use a can opener.

[The Big Vetolski]

12. I live in Cleveland. About 140 cops were just laid off thanks to the

budget cuts of Governor John Kasich, creature of Lehman Bros, so he can pay for totally eliminating the estate tax, among other giveaways and firesales to the rich. I know Columbus laid off some, too. Somehow, I don't see them going out of their way to protect those who have screwed them, their families, and their coworkers over.

[socialist_n_TN]

14. I would add the military to that admonition

I've always advocated talking to the grunts and asking those kids how far they will go in obeying illegal orders if push comes to shove. Or maybe I should say WHEN push comes to shove. Because the WILL push it until we shove back.

[yurbud]

85. definitely.

[Dawson Leery]

15. Your line about John Galt is succinct.

:thumbsup:

[DBoon]

22. Reminds me of this cartoon..

[Dawson Leery]

23. LOL!

Thanks!

[socialist_n_TN]

25. OOOH! That's a GOOD one

:rofl:

[OnyxCollie]

64. Thanks for posting.

I didn't save it the first time.

[yurbud]

114. post that where the righties can see it.

[RandomThoughts]

4. I wonder if he is talking from the perspective.

Of having the 'will' to do something.

There are some that think only those willing to 'do anything' have the 'will' to get something done.


'function not data'

Spandau Ballet - True
http://www.youtube.com/watch?v=AR8D2yqgQ1U

If he was right, he would have had the will power not to say that,
getting them to speak what they think there position is,
is an important victory.

Keep him around long enough to finish off his sector. Then dust him.



Side note, not about that person, about those with that concept. <--- Function not data.

[DJ13]

6. If the financial system is stronger why do they always need saving?

[RandomThoughts]

8. Your not seeing it correct.

They believe that when they do get bailed out, that is them being stronger.

They believe the effect defines what is right.

So becuase a banking system gets a bail out, and pays bonuses, they say they are justified to do what they want.

The bailout of failure, instead of correcting the problems of consolidations, is there claim to victory.

From that they have to be destroyed to be helped, but I don't do that.


So if they mess up, and get bailed out, they say they were right. Proven by being bailed out. Only there destruction would get them to change anything. Those are the burn outs, where kindness can not help them, becuase they think kindness is people being made to serve them by them being stronger or right or better.

And kind action done to them, in there perspective, is them calling themselves winners and the actions of people helping them losers.

It is the world of if you can take it, you should take it.

No morals, no right and wrong, only what you can get away with, defining if you should. If you can steal, then you should steal is the doctrine. Some even base that as what they think 'knowledge of good an evil' is.

If you can do it, then you should, becuase they believe the ability to do something is it being allowed to be done. That is how they think.

[socialist_n_TN]

13. What you're defining is the SYSTEM of capitalism

The dictatorship of capital.

[liberation]

86. "The Triumph of Placebo"

;-)

[rhett o rick]

66. Stronger is the wrong word. They are more powerful. Some will continue to fail

but as a whole they will continue to gain more power (money) until they have it all. Then they will collapse.

[socialist_n_TN]

7. Well that kind of lays it out there doesn't it?

I think you all know what MY answer to your third paragraph question is.

[girl gone mad]

11. The Greek people will not pay any more.

I hear this not just from the ones you would expect, the indignants and the anarchists, but also from priests and businessmen. They have had enough.

[socialist_n_TN]

16. I hope so because they are facing the spearpoint

of the capitalist takeover. And so far, they haven't taken the next necessary step of a dual power. Demonstrations and voting are well and good until it's proven that no amount of demonstrations or votes will change the situation.

[nadinbrzezinski]

17. SOmewhere in their graves BOTH Smith and Marx are doing

pirouettes in their graves. Both were for breaking monopolies and yes... REGULATING Capital.

Alas those who pray at the temple of the free hand, have never ever read the holy writ.

[proverbialwisdom]

20. Whatever Stiglitz says, I'll trust; economics isn't my field.

http://www.project-syndicate.org/commentary/stiglitz138/English
The IMF’s Switch in Time
Joseph E. Stiglitz
2011-05-05

NEW YORK – The annual spring meeting of the International Monetary Fund was notable in marking the Fund’s effort to distance itself from its own long-standing tenets on capital controls and labor-market flexibility. It appears that a new IMF has gradually, and cautiously, emerged under the leadership of Dominique Strauss-Kahn...

<...>

...As unequal as America was before the Great Recession, the crisis, and the way it has been managed, has led to even greater income inequality, making a recovery all the more difficult. America is setting itself up for its own version of a Japanese-style malaise.

But there are ways out of this dilemma: strengthening collective bargaining, restructuring mortgages, using carrots and sticks to get banks to resume lending, restructuring tax and spending policies to stimulate the economy now through long-term investments, and implementing social policies that ensure opportunity for all. As it is, with almost one-quarter of all income and 40% of US wealth going to the top 1% of income earners, America is now less a “land of opportunity” than even “old” Europe.

For progressives, these abysmal facts are part of the standard litany of frustration and justified outrage. What is new is that the IMF has joined the chorus. As Strauss-Kahn concluded in his speech to the Brookings Institution shortly before the Fund’s recent meeting: “Ultimately, employment and equity are building blocks of economic stability and prosperity, of political stability and peace. This goes to the heart of the IMF’s mandate. It must be placed at the heart of the policy agenda.”

Strauss-Kahn is proving himself a sagacious leader of the IMF. We can only hope that governments and financial markets heed his words.

Joseph E. Stiglitz is University Professor at Columbia University, a Nobel laureate in Economics, and the author of Freefall: Free Markets and the Sinking of the Global Economy.

[nadinbrzezinski]

26. Yes, the Chicago boys are slowly loosing their grip

on the IMF.. but too slowly.

They are going back to roots, keynes, who was Keynes? The guy behinds the economics of the new deal.

Public spending to encourage private... well it works.

[socialist_n_TN]

27. That's interesting. I hadn't thought of that.......

But I'm firmly convinced that the capitalists only back off if they're scared. Do you think they're getting a little frightened? Is that the reason for the pullback?

[nadinbrzezinski]

28. seven billion, going on 9 billion

don't care how much military you got... something gotta give.

And I keep calling them all but capitalists... after all having read Smith AND Marx I know they both have more in common than these guys, who pray at the altar but
never read the holy writ.

It is not the US... but the rest of the world... it is starting to feel like a tinderbox out there.

(And even in the US, seeing calls for general strikes in WI was kind of... oh my pinch me now)

As is the World Bank and the IMF were formed under Keynseian principles and the first ten years or so that is exactly what they were. I mean... who or what administered the Marshall Plan? It wasn't us... it was the World Bank... it's official name says it all. This is why it became prime target for the Chicago Boys. It will take upwards of a decade but things are happening now... this is the moment of decision... why they are stealing as much as they can. I mean Glass Steegal was not passed until 1940 either.

[tavalon]

100. It's actually the merging of capitalism and government

There's a word for that.

[yurbud]

103. it would help if Americans knew what a general strike is.

It's an Orwellian triumph that most Americans don't even know that general strikes exist and have been used to great effect in other countries. You can't fire a weapon if you don't even know you have it.

[arikara]

30. Could this attitude have had something to do with the rape charges?

I'm not saying he didn't do it but there are certainly questions to be answered.

[dixiegrrrrl]

41. DSK chargs to be dropped, says this:

(CBS/WCBS/AP) NEW YORK - Prosecutors are going to agree to drop the charges against Dominique Strauss-Kahn at his next court date, but the former head of the International Monetary Fund is now facing a new sexual assault allegation in France, according to reports.

A source told the New York Post that the May charges against Strauss-Kahn for allegedly sexually assaulting a housekeeper in his suite in New York are not "sustainable" and will be dropped either on his next court date in two weeks or even sooner.

Last week it was reported that prosecutors were beginning to believe the story may have been made up due to major holes in the woman's credibility, and a judge agreed to release Struass-Kahn without bail on his own recognizance.

http://www.cbsnews.com/8301-504083_162-20076793-504083.html

[nadinbrzezinski]

43. That is what a few people have asked

We'll have to watch the successor, if the policies continue... then no it did not. If they go 180, hell even 150, then yes it might have.

[riderinthestorm]

105. DSK was in NY in part to meet with Stiglitz about the SPIGI countries and a new direction for IMF

according to Paul Craig Roberts (a former Asst Treasury Secretary and Associate Editor at the WSJ, so certainly someone who would know). DSK wanted a different approach to the Greek situation (and by extension the rest), he wanted a more "humane route".

From an article in the Foreign Policy Journal;
http://www.foreignpolicyjournal.com/2011/07/02/prosecutors-back-off-from-their-iron-clad-case-against-strauss-kahn/


"Those few who actually care about justice, not only for DSK and everyman, but also for the Greek, Spanish, Irish, and Portuguese people, can find comfort in the fact that apparently DSK had come to New York in order to speak with Nobel economist Joe Stiglitz about a more humane and democratic way to resolve the sovereign debt crisis in Europe than the one imposed by the private creditor banks."



Obviously, anyone who would consult with Stiglitz is perceived by the rich and powerful as a threat to their interest.

[Dawson Leery]

108. Thanks for the article.

[Enthusiast]

72. Me too.

I trust Stiglitz all the way.

[blindpig]

37. No, Marx was not for regulating Capital, he was for smashing it.

Of course improvements gained during the struggle are welcomed and to be strived for in the course of the larger struggle but the end game is absolutely clear.

Marx was the culmination of Smith and Ricardo, Classical Economics. The ruling class didn't like his conclusions and thus we have Neoclassical Economics.

[nadinbrzezinski]

51. We will agree on the bookends

After that not really.

[Starry Messenger]

19. Oh, we'll see about that.

[Odin2005]

29. So the truth comes out...

[socialist_n_TN]

32. Yep that's was my first thought........

When the head of a government says it, that means the pretense is ALL gone.

[arikara]

31. Remember Bolivia and their privatized water

and how the people took it back. It can be done.

[yurbud]

33. yep--literally run the bums out of town

[blindpig]

34. Papandreou is a traitor to his people.

As is any politician who puts the 'needs' of the finance sector over that of the people.


A message from PAME:

http://www.youtube.com/watch?v=8wcBlA9lzq0&feature=player_embedded

[socialist_n_TN]

54. The unfortunate thing is that the ALL share

Papandreou's view of capital vs the people. There's not a bourgeoisie politician out there that doesn't believe capitalism trumps democracy. Even the weak assed "democracy" in the dictatorship of capital.

[WinkyDink]

35. And people laughed when tin-foilers claimed there is a $$$ cabal running things.

[blindpig]

36. It's just Capitalism.

This is what happens as capitalism evolves according to it's own logic.

[rhett o rick]

65. We are seeing the global capitalism end-game. Wont be pretty. nm

[socialist_n_TN]

38. I'm sorry to be blunt.......

BUT I CAN'T FUCKING BELIEVE THAT THIS OP HAS FALLEN TO THE SECOND PAGE!

The leader of a western European "democracy" says that capitalism is more important than democracy and it gets only 38 responses and falls off the front page.

WTF??????? This is IMPORTANT people. When the pretense falls away, it's a MAJOR step in the takeover. So what are we going to do about it?

[Tippy]

45. K&R......

[dixiegrrrrl]

49. Reality, she sucks, eh?

It is this "duhhhhh" reaction from the MAJORITY of people in America that made it all possible for conditions to reach even this point.
Most people don't react to something until their own shoes are pinching.
And TPTB are very good at waving the proverbial shiny object as a distraction.

To be fair, a lot of people who should be concerned can barely get thru the motions of day to day living/survival and are too tired to be thinking about today's bills and tomorrow's income.
Until I retired, I really had little time to spend reading about the behind the scenes meaning of current events, and for sure the nightly tv news was not going to inform me. It was only when I got a computer that I could find the meaningful information.

[socialist_n_TN]

55. "Most people don't react to something until

their own shoes are pinching." That's a true statement, except for one thing. In the realm of propaganda IF you can boil down a position to one sentence then you MIGHT be able to get folk's attention ahead of time.

That's why I think that we ALL should use that one summed up sentence, "Capitalism is more important than democracy." It sums it up SO well and anybody can understand it.

[TheKentuckian]

94. It was my thought that this has been the official line for many years.

I thought all of that was made clear by giving China most favored status, our shenanigans in Central and South America, and our SOP in dealing with Middle Eastern dictators.

I guess such a brash pronouncement makes it a little clearer but that is how we have rolled forever.

[socialist_n_TN]

95. Oh of course TK. We all knew it

The difference is that an actual leader of a bourgeoisie "democratic" government has actually come out and said it. They used to at least, PRETEND that it was "democracy", but apparently there's no need for that anymore.

[Mojorabbit]

102. I think your analysis is spot on. nt

[robertpaulsen]

50. K & R for your excellent summary: "Capitalism is more important than democracy".

:kick:

[socialist_n_TN]

53. Yep. I did think that that one sentence

summed it up nicely. And unfortunately, that's what you need nowdays with the lack of nuance in politics. One pithy, punchy sentence.

[robertpaulsen]

73. This century's "Let them eat cake" moment; preempted by Casey Anthony.

What should have been a clarion call to action by the masses has been sadly, even here on DU, deliberately lost in the shuffle, courtesy of the ever-compliant MSM. I wonder if bold capping an OP with the headline CAPITALISM IS MORE IMPORTANT THAN DEMOCRACY!!! would even make a dent amidst this ridiculous distraction.

[dana_b]

62. he just said out loud what others are thinking

I have no illusions that our leaders think any differently.

What will we do?? Hell if I know. Most people I know haven't a clue about Greece, the UK, or even our own issues. When I do talk about it, their eyes either glaze over or they just say - "yeah? that sucks."

[socialist_n_TN]

67. Use the buzz words..........

Capitalism or democracy what's more important? It IS a "Whose side are you on?" moment and this lays that out PLAINLY.

[dana_b]

69. I will try that

because this has to stop. As I just said in another thread, this shock doctrine stuff has got to stop.

[The Big Vetolski]

89. But, but, Casey Anthony was found not guilty, and, and, Holder

announced an end to 99 of 101 ongoing investigations into Bush Admin war crimes so we can move ahead, and Obama said they've made progress to lower the deficit, and, did you see Michelle's DRESS?
:sarcasm:

[socialist_n_TN]

91. Ah yes. Distractions, distractions

The media at work.

[yurbud]

115. tell your friends a nd neighbors.

[Oceansaway]

39. k & r...nt

[SpiralHawk]

40. "Smirk." - RepubliCorp International, UnLtd. (R)

[madmax]

44. K&R

[annabanana]

46. kicking & reccing for the sheer baldness of that statement. . . . n/t

[socialist_n_TN]

47. Oh yeah. This makes it PLAIN as day

that the pretense has ALL gone. And does ANYBODY think that anyone in the power structure of this country believes any different??

[handmade34]

48. rec

[KamaAina]

52. "and may now lose ancient treasures"

The Acropolis presented by Deutsche Bank?! :scared:

[WillyT]

57. HUGE K & R !!! (BTW - Did You See This:)

Link: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1408537

:kick:

[socialist_n_TN]

63. I missed that one Willy. so..........

thanks once again for another good thread.

[WillyT]

83. Thanks socialist_n_TN !!!

:bounce:

:hi:

[Tuesday Afternoon]

58. k&r and bkmrkd n/t

[Kablooie]

60. Greece will become the trial test bed for the all privatized future of the modern world..

We can watch and see what the Republican future for the US will become.

Poor Greece.

[nadinbrzezinski]

61. Revolution is brewing

And in the end they will back off.

[Hell Hath No Fury]

68. Our own future here -

We are seeing the stage being set -- will we have the courage to do what is neccessary to stop it?

[socialist_n_TN]

78. That is the $64,000 Question

When it becomes THIS blatant, it's a "Whose side are you on?" moment.

[Hell Hath No Fury]

87. "... it's a "Whose side are you on?" moment."

I agree with that statement. At some point, we have to admit that this has become more than just an idealogical disagreement on governement's responsibilies or capitalism, and clearly state that there are some who are out to destroy our country as we know it. We have to be willing to name names, label them for the danger that they are, and take direct action.

[yurbud]

116. I'd like to see Anonymous and Wikileaks take a crack at the bankers

[ikri]

71. I'll just leave this here...

I don't think the bankers and their cronies truly understand what they might unleash here. The Bretton Woods system was designed to prevent the future rise of nationalism, that was entire raison d'être of the IMF and World Bank when they were formed. When the democratically elected governments completely ignore the wishes of the people it will lead to nationalist parties appearing, and when you can easily point to negative foreign influences on the country it's going to those parties gaining power, especially in a country where there's a rich history of the people standing up against a much more powerful adversary and winning.

[socialist_n_TN]

79. The Greeks have been in a prerevolutionary situation

for several years now, off and on. I absolutely HATE to try and give advice from halfway around the world, but they are closer to the spearpoint of capitalism than we are here. They need to take that next step, an indefinite general strike and then organize worker's councils. And most importantly, ARM A WORKER'S MILITIA. Set up a dual power situation and see who the mass of the people side with.

[Enthusiast]

74. K&R! International fascism.........nt

[sudopod]

75. Hey, LOOK! Something that's actually important! nt

[socialist_n_TN]

77. Yeah, I know. What the hell was the OP thinking

interrupting all the threads about Casey Anthony (who?) and whatever else the shiny new bauble of the news cycle is.

In case you couldn't tell, that was :sarcasm: :)

[fivepennies]

76. How to do it.

Take the ability to create money out of thin air away from those who do it.

Kennedy Executive Order 11110

Executive Order 11110 TRANSCRIPT

AMENDMENT OF EXECUTIVE ORDER NO. 10289 AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY.

By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:

SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended

- (a) By adding at the end of paragraph 1 thereof the following subparagraph (j):

(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption,

and (b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof.

SECTION 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.


JOHN F. KENNEDY THE WHITE HOUSE, June 4, 1963

On June 4, 1963, President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve (US Central Bank).

As a result, more than $4 billion in United States Notes were brought into circulation in $2 and $5 denominations . $10 and $20 United States Notes were never circulated but were being printed by the Treasury Department when Kennedy was assassinated.


This EO has never been rescinded.

[KamaAina]

80. This guy calls himself a socialist?!

Disgusting. :puke: :puke: :puke:

[socialist_n_TN]

81. Fucking SINO

I second your barf.

[Starry Messenger]

88. Exactly.

That's why I get skeptical about try to vote our way out of these financial holes with third parties, or any party really. If your country is capitalist, your leader will needs-must serve capitalism no matter what color his t-shirt is. The only thing that will stop this juggernaut is organized resistance.

[socialist_n_TN]

92. Only the teams' names change

They're all part of the bourgeoisie. They all dance to the dictatorship of capital.

But you know what? I STILL say vote. Only because then you can say you tried it their way. And who knows? You might find one or two bourgeoisie pols who will do some good for a worker somewhere.

[Starry Messenger]

93. Oh I definitely vote.

That way I feel entitled to bitch about the system. :D

[socialist_n_TN]

96. Good point! One I've used myself a time or two.......

:rofl:

[Buns_of_Fire]

82. K&R again, while I casually sharpen the tines on my pitchfork... nt

[socialist_n_TN]

84. Or clean my nails with my bowie knife

:)

[Youth Uprising]

90. Kick

[Tippy]

97. K&R

[Tippy]

98. I really hope people are reading this......

Including the information KOS has.....
http://www.democraticunderground.com/discuss/duboard.ph...

[TomClash]

99. When the "Socialist" Prime Minister

of the Cradle of Democracy says the financial institutions are stronger than the Will of the People, you know we have lost.

[socialist_n_TN]

101. We've only lost if we give up

However, this statement DOES show that we need to reorient the goal away from exclusively electoral remedies. Those are OBVIOUSLY not going to work anymore.

As an early post in this thread said, we need to escalate.

And BTW, any socialist that sides with the IMF over the people ain't no socialist.

[abelenkpe]

104. K&R nt

[Tuesday Afternoon]

106. it is only a matter of time . nt

[davidwparker]

107. Wow. The original democracy is no longer interested in the

will of the people.

[socialist_n_TN]

109. Kick because it's important

nm

[lonestarnot]

110. Pretending was over long ago. They've been rubbing this shit into our faces for a time now.

Whachu gona do about it?

[socialist_n_TN]

111. We talked about it in my Marxist "discussion" group

last night. :)

[socialist_n_TN]

112. Also

This IS the first time I've seen the leader of a western "democracy" put it in this blatant of terms. Usually they'll pay lip service to "democracy". This guy didn't even do that.

[GeorgeGist]

113. Killing WalMart ...

would be a good start.