Tuesday, January 24, 2012

Occupy the Courts - Radio Interview

Progressive Radio Network Interview of Greg Coleridge:
http://www.progressiveradionetwork.com/community-currency/

Occupy the Courts - Cleveland and Akron actions

CLEVELAND

Cleveland Plain Dealer:
http://www.cleveland.com/newsflash/index.ssf/story/protests-to-occupy-us courthouses-over-elections/ab6797987dca44c8b1da17f06c0c3b44

Cleveland Scene:
http://www.clevescene.com/scene-and-heard/archives/2012/01/20/cleveland-activists-occupy-the-court

Associated Press pictures:
- Photo of a member of our Economic and Political Justice program committee: http://news.yahoo.com/photos/carla-rautenberg-participates-rally-friday-jan-20-2012-photo-185223604.html
- Photo, from the India Times website, is of a member of our Monetary Reform workgroup: http://oneclick.indiatimes.com/photo/0fyh2AV2WTcG5#0_undefined,0_

The Alliance Review:
http://www.the-review.com/ap%20financial/2012/01/20/ohio-groups-take-part-on-occupy-court-protests

AKRON

Akron Beacon Journal:
http://www.ohio.com/news/break-news/occupy-protesters-seek-change-against-big-money-in-politics-1.256175

Photos:
http://www.flickr.com/photos/neoafsc/sets/72157629000602629/

Sunday, January 22, 2012

MONETARY HISTORY CALENDAR January 23-29

JANUARY 24

1811 – CHARTER OF FIRST BANK OF UNITED STATES NOT RENEWED
A 20-year charter was issued by the federal government (very unusual at the time since most corporate charters, or licenses, were issued by states) to create the first national private bank. This was the first private institution empowered to create paper money -- with all the power and profit that goes along with it. The bank’s paper money was accepted for taxes. Eighty percent of its shares were privately owned, among these 75% were foreign owned (mostly by the English and Dutch). The bank was modeled on the Bank of England. Within 2 months of its creation, it flooded the market with loans and banknotes and then sharply shifted course and called in many of its loans. The result was the first US securities market crash -- what became known as the “Panic of 1792” – the first of many panics, recessions and depressions due to the private/corporate control of our money system. The result was Congress voting to not renew its charter, thus dissolving the bank. During the first 50 years of the US, legislatures and courts routinely chose to not renew or revoke corporate charters, which were considered democratic instruments and used to control the actions of corporations.

1939 – STATEMENT MADE BY ROBERT H. HEMPHILL, CREDIT MANAGER OF THE FEDERAL RESERVE BANK OF ATLANTA
"We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied...”

JANUARY 25

1898 – SECOND INDIANAPOLIS MONETARY CONVENTION BEGINS
Billed as a grassroots effort for monetary reform, the second convention brought together nearly 500 representatives from 31 states. It was a follow up gathering of major corporate leaders (including many bankers and economists representing leading corporations) to the first convention held a year earlier. Participants advocated for a privately run national central bank. Just as the proposed national central bank was misleading (to be privately controlled), the first and second Indianapolis Monetary Conventions were equally misleading. They were hardly “grassroots,” yet the image was useful when lobbying Congress and communicating with the public.

JANUARY 27

2010 — DEATH OF HOWARD ZINN, HISTORIAN
"The challenge remains. On the other side are formidable forces: money, political power, the major media. On our side are the people of the world and a power greater than money or weapons: the truth. Truth has a power of its own. Art has a power of its own. That age-old lesson – that everything we do matters – is the meaning of the people’s struggle here in the United States and everywhere. A poem can inspire a movement. A pamphlet can spark a revolution. Civil disobedience can arouse people and provoke us to think, when we organize with one another, when we get involved, when we stand up and speak out together, we can create a power no government can suppress. We live in a beautiful country. But people who have no respect for human life, freedom, or justice have taken it over. It is now up to all of us to take it back."

JANUARY 29

1737 -- BIRTH OF TOM PAINE, US REVOLUTIONARY
Commenting on the value of colonial-issued money, the “Continental”...
"Every stone in the Bridge, that has carried us over seems to have a claim upon our esteem. But this was a corner stone, and its usefulness cannot be forgotten."

1956 — DEATH OF H.L. MENCKEN, US JOURNALIST
"The whole aim of practical politics is to keep the populace in a continual state of alarm (and hence clamorous to be led to safety) by menacing them with an endless series of hobgoblins, all of them imaginary."

----------------------------

Why this calendar? Many people have questions about the root causes of our economic problems. Some
questions involve money, banks and debt. How is money created? Why do banks control its quantity? How has the money system been used to liberate (not often) and oppress (most often) us? And how can the money system be “democratized” to rebuild our economy and society, create jobs and reduce debt?
Our goal is to inform, intrigue and inspire through bite size weekly postings listing important events and quotes from prominent individuals (both past and present) on money, banking and how the money system can help people and the planet. We hope the sharing of bits of buried history will illuminate monetary and banking issues and empower you with others to create real economic and political justice.
This calendar is a project of the Northeast Ohio American Friends Service Committee. Adele Looney, Phyllis Titus, Donna Schall, Leah Davis, Alice Francini and Greg Coleridge helped in its development.
Please forward this to others and encourage them to subscribe. To subscribe/unsubscribe or to comment on any entry, contact monetarycalendar@yahoo.com
For more information, visit http://www.afsc.net/economiccrisis.html

Thursday, January 19, 2012

"I'll believe a corporation is a person when..."

Thank you to everyone who contributed suggestions. You are a creative bunch!

Feel free to share these at Occupy the Courts actions (there are now over 130 cities with planned actions) and/or with your friends via email and social networks tomorrow. It’s one way to mark the second anniversary of the bizarre Citizens United decision extending never-intended corporate constitutional rights.

“I'll believe a corporation is a person when...
... Arizona deports one
... Texas executes one
... Massachusetts marries two of them
... The US government issues one a Social Security number
... one gets a STD after jumping in bed with an elected representative
... one returns from the Mideast with PTSD
... the CIA extradites one to Guantanamo
... one sacrifices its life in military service
... one is awarded the Nobel Peace Prize
... one is baptized
... one dies from hunger or sickness
... one falls in love
... one is awed by beauty
... one is humbled by things it does not know
… it is NOT too big to JAIL
… one values the life and well being of any one individual before it's own existence
… The Ohio State University graduates one
... Ohio denies two same sex marriage (and divorce) rights
... one can't find a job
… one is elected president or dies in childbirth.
… one is put in prison (which would most likely be for defrauding its investors)
... one dies and is buried in a cemetery
… it grows a heart
… it develops a conscience
... one stays up all night with a sick baby, a troubled teen, or a dying parent
… one worries about the meaning of life
… one is capable of empathy
… one has an ultrasound detected heartbeat
… when its conception occurs in utero
… one is actually held responsible for its actions
… one adopts any of those babies delivered from the women who were denied access to a legal abortion
.... they have to register for the draft
… when one gets pregnant, gives birth and breastfeeds the newborn.
… our budget is balanced
… the created is equal to the creator
… one gives up their personhood to save another person
… they pay their fair share of taxes
… disco music is finally eradicated from the face of the earth
… Lucy lets Charlie Brown kick the football
… a winter storm warning is posted for hell
… Gandhi and Martin Luther King, Jr. return to Earth and declare corporations are people.
… one teaches a child
… they all start laughing out loud at these remarks
... it shows me its birth certificate
‎... it grows an opposable thumb.
... when gepetto makes it a real boy
... they are able to reproduce sexually
... one endorses Ron Paul for President."
And finally…
"I will never believe a corporation is a person."

Tuesday, January 17, 2012

Help complete this sentence: "I'll believe a corporation is a person when..."

In commemoration of the second anniversary this Friday of the Citizens United decision which extended never-intended rights of people (personhood) to corporations, your help is needed to complete the sentence below.

A list will be compiled and send Thursday night. It can then be read if desired by organizers of the Occupy the Courts events in Columbus, Cincinnati, Cleveland, Akron and Toledo. For those unable to attend any one of the events, you can forward the completed list to your own email lists, Facebook page or blog — as a way to commemorate the day wherever you are.

“I'll believe a corporation is a person when...
[Add to the list]
... Arizona deports one
... Texas executes one
... Massachusetts marries two of them
... The US government issues one a Social Security number
... one gets a STD after jumping in bed with an elected representative
... one returns from the Mideast with PTSD
... the CIA extradites one to Guantanamo
... one sacrifices its life in military service
... one is awarded the Nobel Peace Prize
... one is baptized
... one dies from hunger or sickness
... one falls in love
... one is awed by beauty
... one is humbled by things it does not know
...

For details of the Occupy the Courts actions in the abovementioned communities, go to
https://maps.google.com/maps/ms?msid=212543303386647618890.0004b3214495abde956d0&msa=0

Sunday, January 15, 2012

Looking Forward to 2012 - Global Economic Crisis Chapter Two

Even the most optimistic view of 2012 gives us a continuation of 2011. Europe remains in crisis, the US staggers along, China continues to skirt crisis. But things could get much more interesting. As Europe follows its suicidal path of austerity, the economy continues its decline. Some countries such as Italy, Spain and Portugal could follow Greece into defacto default. The virtual collapse of Europe will send a shock wave across the Atlantic, furthering the wrecking of the US economy. With a lower demand from the US and Europe, China and India will go into crisis. Brazil, one of the global powerhouses in 2010 is already having a downturn, which will be exacerbated by these events. Russia. So dependent on the oil and gas exports, the demand for which will be cut back will face serious problems. This will be Global Crisis Chapter Two.

Smug, self-satisfied Canada will not be immune. Demand for petroleum and minerals has kept the Canadian economy afloat. With global demand down, Canada will feel the economic crisis. Over the past two years, oil has ranged between 80 and 100 dollars a barrel. It takes at least $70 a barrel to make tar sand oil profitable. (If you ignore both the billions in government subsidies and the cost to the environment) The onset of the 2008 crisis saw oil at less than $60 and there were long faces in the tar pits. Furthermore, Canada has a housing bubble. Dwellings are overpriced by at least 30%, prices are already falling. Pull the plug on the economy and the real estate ponzi scheme collapses like a house of cards.

Then there are the political ramifications. We have not heard the last from the Greeks. The working class of Southern Europe is combative. Occupy, the Arab Spring, the Indignados of 2011, may well be only the first wave of revolt that will actually challenge the system at its roots. Political unrest will further undermine the European economy. The establishment political parties – and this includes the ostensibly left wing parties – are intellectually and morally bankrupt. They have no answers or solutions.

While the majority of the population oppose austerity and the bankster bailouts, the opposition still has no coherent direction or program. This is to be expected as the people are on their own and are have their own learning curve. However, should the people unite around a program that challenges neoliberalism and the corporate state – and this may well not be in the cards for 2012 – revolutionary changes may be in the offing in Southern Europe.

The Middle East will also be crucial in 2012. Though Islamist parties seem to have profited from the revolutions in Egypt, Tunisia and Libya, they have no answers to the problems afflicting these countries. The working class is organizing and revolutionary socialist and anarchist ideas are spreading. We have not heard the last from the Arab Spring. Should the Americans prove foolish enough to attack Iran this year, this could flatten the world economy. While "cheap oil" is a problem for the producer countries, overpriced oil is a disaster for the rest. Close the Gulf of Hormuz and hello $300 a barrel oil and good bye global economy. And one must never underestimate the arrogance and racist-based stupidity of the US ruling class.

There are a host of other questions. What will happen in Iraq? Will the country implode and Iraqi oil production – already low compared to pre-US invasion – drop? Pakistan? Don't even go there! Russia? The left is rebuilding after the virtually genocidal restoration of capitalism and strongman Putin is beginning to look weak. Mexico? Will the people finally have enough of their US-backed narco-terrorist regime and rise up?

A Happy New Year to all!

MONETARY HISTORY CALENDAR January 16-22

JANUARY 16

1911 - ISSUANCE OF PAMPHLET SUGGESTING PLAN FOR NATIONAL PRIVATE CENTAL BANK
US Senator Nelson Aldrich introduced a plan for creation of a national private central bank based on the conclusions developed by bankers who met secretly on Jekyll Island. GA. The Citizens League, later the National Citizens League, was formed to promote the plan. The establishment of the Federal Reserve System was the result of the plan. [Source: Nathaniel Wright Stephenson, Nelson W. Aldrich, A Leader in American Politics, Scribners, N.Y. 1930]

JANUARY 17

1706 – BIRTH OF BENJAMIN FRANKLIN
"The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the international bankers was the prime reason for the revolutionary war."
“This effect of paper currency is not understood in England. And indeed the whole is a mystery to the politicians how we have been able to continue a war for four years without money and how we could pay with paper that had no previously fixed fund appropriated specifically to redeem it. This currency...is a wonderful machine.”

1863 – BIRTH OF LLOYD GEORGE, BRITISH PRIME MINISTER, 1916-1922
“The international bankers swept statesmen, politicians, journalists and jurists all to one side and issued their order with the imperiousness of absolute monarchs.”

JANUARY 18

1910 – BIRTH OF KENNETH BOULDING, ECONOMIST, PROFESSOR, PEACE ACTIVIST, QUAKER
"Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist."
[editor: the same goes for debt]

JANUARY 20

1859 – BIRTH OF CHARLES LINDBURGH, SR., US REPRESENTATIVE AND FATHER OF THE FAMOUS AVIATOR
"The Federal Reserve Act establishes the most gigantic trust on earth. When the President signs this bill, the invisible government by the Monetary Power will be legalized. The people may not know it immediately, but the day of reckoning is only a few years removed."

__________________________________

Why this calendar? Many people have questions about the root causes of our economic problems. Some questions involve money, banks and debt. How is money created? Why do banks control its quantity? How has the money system been used to liberate (not often) and oppress (most often) us? And how can the money system be “democratized” to rebuild our economy and society, create jobs and reduce debt?

Our goal is to inform, intrigue and inspire through bite size weekly postings listing important events and quotes from prominent individuals (both past and present) on money, banking and how the money system can help people and the planet. We hope the sharing of bits of buried history will illuminate monetary and banking issues and empower you with others to create real economic and political justice.

This calendar is a project of the Northeast Ohio American Friends Service Committee. Adele Looney, Phyllis Titus, Donna Schall, Leah Davis, Alice Francini and Greg Coleridge helped in its development.

Please forward this to others and encourage them to subscribe. To subscribe/unsubscribe or to comment on any entry, contact monetarycalendar@yahoo.com

For more information, visit http://www.afsc.net/economiccrisis.html