The media doesn’t talk about it, but busting the media monopoly would be an important step in restoring democracy. The mainstream media is owned by 5 corporations, all owned and controlled by the banks.
Check out Kucinich’s NEED Act of 2011. It is a plan to end fractional reserve banking and pay off the national debt with Greenbacks to bring banks reserves to full reserves. The U.S. Treasury would also be required to pay for deficit spending by printing Greenbacks rather than sell treasury bonds. This would cut the most wasteful of government spending, interest payments paid to aristocrats around the world. It would also take the control away of the money supply away from the banks, and place it under the control of the U.S. Treasury and Congress, end our debt-based monetary system, and end the boom/bust cycle.
I also believe we need a citizen jury system where citizens can easily bring charges against the government and corporations would be useful.
I also support the ending of income taxation. I believe in land value taxation and sales taxes made progressive with a citizen dividend. I would support progressive taxation of corporations over a certain market capitalization ($100M) and a progressive taxation of income and capital gains over a certain amount ($1M)..
]]>Our own government and the banks have misled homeowners by not disclosing that any attempt to renegotiate a debt or mortgage first requires a default by the homeowner. This may fall under a Federal Hobbs Act violation.
In the meantime, change one banking law, debt restructuring first requires a default, change that banking law to “debt restructuring DOES NOT first require a default by the debtor”, and the 99% can confront the banks on equal footing and renegotiate their debts fairly.
]]>