U.S. TREASURY PLAN OF PARTIAL BANK-NATIONALIZATION IS INADEQUATE

The U.S. Treasury under Henry Paulson is now rolling out a little more of the plan. He wants $250 billion U.S. taxpayer dollars to buy into U.S. private banks with few strings attached. That later part is important to understand, because he will be back for more money later with more strings attached.

You see, first he got $700 billion of the tax payer's money for the private banks with zero equity for the people. That's while the Federal Reserve gave out $850 billion without much notice. They gave plenty of it to non-banks too. Now Paulson's giving a little equity stake for more money that is far, far, far from enough to get the economy rolling again within the fractional-reserve system that they froze up on purpose. They froze it up so that this very incremental plan could be rolled out where the junk investments would be replaced by the future labor value of the common workers. Those workers are losing their houses, jobs, and pensions, etc., all to throw them into fear so they will do what their told about the supposedly too-complicated economy. It's all a sham. It's as clear and plain as can be. Who can't see it?

The banks need/want many trillions, even tens of trillions, not just 700 billion here and 250 billion there. Their junk was ballooned up to tens of trillions. They want it all replaced and then some, all on the backs of the workers their system keeps down and too busy working to study the matter and to have any say in how things are being run globally.

Gordon Brown said that "...we [the governments] didn't understand [what] was happening, because we had no idea of the risks that people were taking." What a flat out lie. He was the finance minister, Chancellor of the Exchequer, of Britain for ten years while all this stuff was unfolding. He knew. He and all the rest of them were told, just the way they were all told that the Iraq invasion would lead to a quagmire occupation. It has been a total, unmitigated disaster by those who like to breakup other nations so they may rule. They love destabilizing things. Their hearts are evil.

What really has to happen to set things straight is to completely do away with private central banking. The currency, if there is one, must be handled interest free by the government that absolutely doesn't issue more or less money than productivity suggests so that there is zero inflation or deflation due to money-supply fluctuations. As for what people will pay for things, that's a different matter.

Frankly, money is an error. The only thing that is needed or ever has been needed is people at the grassroots making consensus decisions based upon the Golden Rule and more so the New Commandment. That's the agreement or social contract the people need.

It has always been a mistake to trade. People should never have held out for selfish reasons. Selfishness is the great sin. It is the root of all evil. Money came out from selfishness and the love of money comes out from it.

There is no need for a medium of exchange between immediate family members. All that is needed is for humanity to value every human being the same way it values any human being including self. That's what Jesus teaches, in case you didn't know. Most people realize it, of course. They're all just waiting for everyone else to step forward though. That will never work.

The brave must step forward first.

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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
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