Comment

Comment by Rebecca Sharp on November 18, 2011 at 7:23pm

The best description of what we can do to save the global economy and our US economy. I am in total agreement we should out law fractional reserve lending and banks should only be allowed to lend money they actually have. Nations should outlaw National debt. It is time for us to control our own money again. The fractional reserve system has utterly fail us and the world. Let the big banks fail.

Comment by theGIC.org on May 20, 2011 at 11:14am

Bill Still, the Producer and writer of this film will be on our Radio show on Monday. :-)

Comment by Align Progress on May 20, 2011 at 11:10am

Wow, what an education! I grew up being told that gold was the monetary standard, then was told that our currency (US) was not back by gold anymore. What really stood out for me is that the current economic crisis is PLANNED, I agree with the statement ...Keep the bankers out of governing. Thank you GIC for bringing us this video! WOW!

Comment by Luis on May 18, 2011 at 8:19pm

To the end of resolving the Money Problem which has plagued the United States since before its founding in 1789 leading inexorably to the present national existential crisis, I endorse Stephen Zarlenga's work on the Money Issue as summarized in his model Monetary and Financial Reform Act (http://www.monetary.org/amacolorpamphlet.pdf) and as more generally expounded on in his book, "The Lost Science of Money".

I follow that endorsement with an endorsement of Rep. Dennis Kucinich's House Resolution 6550, the NEED act (http://www.monetary.org/hr6550bill.pdf), introduced for the first time by Rep. Kucinich in the House of Representatives during the 111th Session of Congress in December of 2010. The NEED act is grounded in Zarlenga's theoretical and scientific work on Money and the Money Power and closely follows Zarlenga's model "Monetary and Financial Reform Act".

I also endorse House Bill 1489, The Prudent Banking Act, introduced in the House of Representatives during the current 112th session of Congress by Rep. Marcy Kaptur, a measure which would effectively restore the Glass-Steagall Act of 1933 which separated commercial banking from investment (speculative) banking.