Ellen Brown, Public Banking In America
I explained all of this to the Green-eyed Board...the elimination of income taxes...
I disgre witht he public banking she is talking about however. banking should be reduced altogether to little more than facilities for the people to hold money and valuables... and clearing houses for cheques and so on. Banking shud be nothng but a public financial facility to process money in ways the society uses money for regular pruposes.
the debt/interest function must be eliminated..or else rigidly controlled by government at rates of interest that facilitate costs only.
but if private banking is eliminated as well as income taxes value is returned to the economy..to the dollar or article of exchange we call money, prices become very stable because all the cource of inflation..private banking.. is removed... and salaries would once again be of real worth capable of meeting all individual and family needs, leaving over some for rainy days
but the debate is joined bacause the private banking has failed utterly, has brought global society to its knees, and it is time to change social relations from the ground up..or we will eliminate ourselves.
it is past time for westindians to join in..to begin creating a sound financial system of our very own...owned and controlled by us.
here we have a developing opportunity to rid ourselves of the tutelage of the central banks/forrin international bankers who control the region and are bleeding us to death
