Monday, January 24, 2011 8:27:13 PM
The Secret of Oz
http://www.secretofoz.com/
My new book, "No More National Debt" is finished. Depending on the printer, it will be 2-3 weeks before I can ship it. You can pre-order by hitting the "Donate" button -- it's in the left frame, just down the page a bit -- and entering $35 which includes shipping. There is nothing else that sells for $35, so I'll know you want the book. As soon as it comes in, I'll ship it right out. Or, just hang tight and we'll eventually get a website up for the book. Probably it will appear on Amazon first, but it will be more expensive. This is a limited time offer. You'll be getting one of a very small 1st edition hardback print run, signed, of course.
This will be the world's first interactive multi-media enabled printed book. The world’s global economy is still collapsing, despite what you hear on TV, and now, more than ever, we need to use technology to enhance important books with multi-media elements which can be updated in real time. Now, for the first time, printing a new, second-generation UPC scan image on pages allows paper books to enjoy a revolutionary new life -- to be updated – in real time! That’s why, with your help, my new book, “No More National Debt,” will become one of the most important books of the Information Age.
By embedding my book with HyperScan® QR codes, sound and motion leap from the pages, adding important timely elements to each chapter. By scanning these HyperScan codes with any QR code scanning application (such as AT&T Code Scanner, QR Reader, Code Scan, ScanLife, or many more) on your iPhone, Android phone, Blackberry, or other smart phones, you will launch vital breaking information, right in the palm of your hand! Don't worry if you don't have a smart phone. We will include a short, easy-to-type URL address under each Hyperscan so the supplemental info will be available to everyone.
Oz Economics
How important is this issue worldwide? Having private banks create money is the root cause of all world poverty, hunger, disease and misery. And until we fix it, we will never be able to make a dent in these other issues.
We can fix this. We can fix it in a matter of months -- a year at most. We can make our government the most financially sound in the world -- nearly overnight. The government can loan out all the money any state needs to build roads or schools or hospitals – interest free. Approximately half of a state’s infrastructure cost is from interest on borrowed money! When the money is repaid by the states it will all come back to the federal government, preventing inflation. All we have to do is to take back the power to control the quantity of money and put that power into the hands of the federal officials closest to the voting public -- namely the Congress of the United States.
Some say, “Well, those crooks in Congress will create too much money once they get the money power.” But Congress now “creates” all the money it wants! It just creates it as DEBT, which never gets paid back, and which we the people have to continually pay interest on. Instead of creating bonds -- or debt -- the government could and should be creating DOLLARS, interest-free.
More money for people.
Others will say Congress isn’t responsive to the people as it is.
Well of course not. Politicians are responsive to those with the power. Right now, the banks have the power. We have to take back the ultimate power of any nation – the power over its money. With the power of banks diminished, politicians will become responsive to the voters once again.
Do you know that only one zip code in this country provides nearly half of all the lobbying money to Congress? Guess what that zip code is? It’s 10028, the upper east side of Manhattan – the Golden Ghetto. That’s where the Mayor of New York lives. That’s where the Wall Street bankers live. They control the money, they control Congress.
Some will say that these solutions are something radical like socialism or worse. They are not. This is the most basic historic struggle for human freedom running back to the beginnings of time.
If we value the Founding Father’s dream of freedom -- an escape from serfdom by political self-determination --we have to conclude that creating our money is too important a function to be put into private hands. History has shown time and time again that that leads to nothing but plutocracy – rule by the rich – and ultimately slavery.
This privately-owned debt-money system has gotten so far out of control at this point that probably only a Biblical Jubilee year will save civilization from collapse.
Imagine in your own world. What if tomorrow you were told that all your mortgage debt and credit card debt was cancelled. That would certainly be more money for people, less money for banks. After the Jubilee, then we could take the money power away from the banks and change the Constitution to put it permanently into the hands of Congress.
But what about the banks? They are already failing? Let them fail. Government can issue it’s own money and credit. We don’t need their hyper-expensive compounding interest system. Banks or banking won’t go away. Everyone will still need loans and checking accounts. Some one will step in and provide those services. You’ll still go down to your corner bank to deposit your check. Your bank will still be there. Only the guts – the bank’s accounting system – the part you never see anyway – will change.
Jesus chased the moneychangers from the temple in his day. We should certainly do the same in our day.
Is that fair? Come on, big banks already own every large building in every city in the world. That should be sufficient! Let the people of the world have some money for a change. Give us some incentive to build a better world.
There is hope, especially here in America. History has shown that America has fought to create it’s own money for the last 300 years. In fact, in no other nation on earth has the population fought for it as successfully and with such determination over the centuries as America. All we need in the face of this oncoming first depression of the 21st century is a little education. We can make this the new civil rights movement – the new human rights movement. The big bankers now stand more exposed than ever before. Let’s use history to guide our path today.
This hasn’t been an issue since the time L. Frank Baum wrote the Wonderful Wizard of Oz. Why? Because after the William Jennings Bryan era, the bankers learned that in order to put the lid on this issue they had to buy up the nation’s press. And they did. But this won’t work in the Internet age. Television commentators are now asking just what is the Federal Reserve and where does their money come from? The answer is they make the money up out of thin air and then have the audacity to loan it to us. The interest that the government has to pay is where our income taxes go. That was the deal the Fed made with the government when the Federal Reserve Act was rammed through Congress on Dec. 23, 1913.
And what about the principal? The principle is never repaid, but the interest just keeps compounding. And it’s that interest that’s killing us. We’ll never be able to repay it. No nation ever has been able to do so – except for President Jackson in 1836.
=================================================================
Thu - 06 Jan
State Bank of Virginia 2010 Study Proposal
This article is so popular, I have posted on top as the legislative sessions across the nation open up.
HJ62: Banks; joint subcommittee to study whether to establish those to be operated by State.
* HJ62
HOUSE JOINT RESOLUTION NO. 62
Offered January 13, 2010
Prefiled January 11, 2010
Establishing a joint subcommittee to study whether to establish a bank operated by the Commonwealth. Report.
----------
Patron-- Marshall, R.G.
----------
Committee Referral Pending
----------
WHEREAS, the Commonwealth does not currently engage in the business of banking or own, control, or operate a bank; and
WHEREAS, the state of North Dakota currently engages in the business of banking, owns, controls, and operates a bank known as the Bank of North Dakota; and
WHEREAS, the Bank of North Dakota was established pursuant to North Dakota Century Code 6-09-01 for the purpose of encouraging and promoting agriculture, commerce, and industry; and
WHEREAS, the Bank of North Dakota is not a member of the Federal Deposit Insurance Corporation but pursuant to North Dakota Century Code 6-09-10, all deposits in the Bank of North Dakota are guaranteed by the state; and
WHEREAS, the deposit base of the Bank of North Dakota is unique in that its primary deposit base is the State of North Dakota and all state funds and funds of state institutions are deposited with the Bank of North Dakota, as required by law; and
WHEREAS, the Bank of North Dakota accepts other deposits from any source, including private citizens, businesses, and the U.S. government; and
WHEREAS, the Bank of North Dakota is overseen by the North Dakota Industrial Commission and advised by a seven-member Advisory Board appointed by the Governor that reviews the bank's operations and makes recommendations to the Industrial Commission relating to the bank's management, services, policies and procedures; and
WHEREAS, the Bank of North Dakota administers several lending programs that promote agriculture, commerce, and industry as well as providing government guaranteed loans for lenders and providing community, rural, and regional development loan funds; and
WHEREAS, the Commonwealth is expected to have a budget shortfall of between $ 1.8 billion and $ 3.6 billion in 2010 and North Dakota is expected to have an $ 800 million budget surplus by the end of 2010; and
WHREAS, the Commonwealth would benefit from loaning funds to develop agriculture, commerce and industry in lieu of granting tax revenues to newly established businesses; and
WHEREAS, by opening accounts in a bank owned, controlled, and operated by the Commonwealth, Virginians would be able to invest in the growth of agriculture, commerce and industry in the Commonwealth; and
WHEREAS, Virginians with accounts in a bank owned, controlled, and operated by the Commonwealth would benefit from a return on their investment in the form of loan interest and other revenues earned by the bank’s investments in agriculture, commerce and industry in the Commonwealth; and
WHEREAS, the purpose of a bank owned, controlled, and operated by the Commonwealth would be to invest in agriculture, commerce, and industry within the Commonwealth; and
WHEREAS, a need exists to determine if the Commonwealth would benefit from the creation and operation of a similar financial institution; now, therefore, be it
RESOLVED by the House of Delegates, the Senate concurring, That a joint subcommittee be established to study whether to establish a bank operated by the Commonwealth. In conducting its study, the joint subcommittee shall consider recommendations for legislation to establish a state owned, controlled, and operated bank.
The joint subcommittee shall consist of eight legislative members. Members shall be appointed as follows: five members of the House of Delegates to be appointed by the Speaker of the House of Delegates in accordance with the principles of proportional representation contained in the Rules of the House of Delegates and three members of the Senate to be appointed by the Senate Committee on Rules. The joint subcommittee shall elect a chairman and vice-chairman from among its membership.
Administrative staff support shall be provided by the Office of the Clerk of the House of Delegates. Legal, research, policy analysis, and other services as requested by the joint subcommittee shall be provided by the Division of Legislative Services. Technical assistance shall be provided by the Bureau of Financial Institutions of the State Corporation Commission. All agencies of the Commonwealth shall provide assistance to the joint subcommittee for this study, upon request.
The joint subcommittee shall be limited to four meetings for the 2010 interim, and the direct costs of this study shall not exceed $8,000 without approval as set out in this resolution. Approval for unbudgeted nonmember-related expenses shall require the written authorization of the chairman of the joint subcommittee and the respective Clerk. If a companion joint resolution of the other chamber is agreed to, written authorization of both Clerks shall be required.
No recommendation of the joint subcommittee shall be adopted if a majority of the House members or a majority of the Senate members appointed to the joint subcommittee (i) vote against the recommendation and (ii) vote for the recommendation to fail notwithstanding the majority vote of the joint subcommittee.
The joint subcommittee shall complete its meetings by November 30, 2010, and the chairman shall submit to the Division of Legislative Automated Systems an executive summary of its findings and recommendations no later than the first day of the 2011 Regular Session of the General Assembly. The executive summary shall state whether the joint subcommittee intends to submit to the General Assembly and the Governor a report of its findings and recommendations for publication as a House or Senate document. The executive summary and the report shall be submitted as provided in the procedures of the Division of Legislative Automated Systems for the processing of legislative documents and reports and shall be posted on the General Assembly's website.
Implementation of this resolution is subject to subsequent approval and certification by the Joint Rules Committee. The Committee may approve or disapprove expenditures for this study, extend or delay the period for the conduct of the study, or authorize additional meetings during the 2010 interim.
http://www.secretofoz.com/
My new book, "No More National Debt" is finished. Depending on the printer, it will be 2-3 weeks before I can ship it. You can pre-order by hitting the "Donate" button -- it's in the left frame, just down the page a bit -- and entering $35 which includes shipping. There is nothing else that sells for $35, so I'll know you want the book. As soon as it comes in, I'll ship it right out. Or, just hang tight and we'll eventually get a website up for the book. Probably it will appear on Amazon first, but it will be more expensive. This is a limited time offer. You'll be getting one of a very small 1st edition hardback print run, signed, of course.
This will be the world's first interactive multi-media enabled printed book. The world’s global economy is still collapsing, despite what you hear on TV, and now, more than ever, we need to use technology to enhance important books with multi-media elements which can be updated in real time. Now, for the first time, printing a new, second-generation UPC scan image on pages allows paper books to enjoy a revolutionary new life -- to be updated – in real time! That’s why, with your help, my new book, “No More National Debt,” will become one of the most important books of the Information Age.
By embedding my book with HyperScan® QR codes, sound and motion leap from the pages, adding important timely elements to each chapter. By scanning these HyperScan codes with any QR code scanning application (such as AT&T Code Scanner, QR Reader, Code Scan, ScanLife, or many more) on your iPhone, Android phone, Blackberry, or other smart phones, you will launch vital breaking information, right in the palm of your hand! Don't worry if you don't have a smart phone. We will include a short, easy-to-type URL address under each Hyperscan so the supplemental info will be available to everyone.
Oz Economics
How important is this issue worldwide? Having private banks create money is the root cause of all world poverty, hunger, disease and misery. And until we fix it, we will never be able to make a dent in these other issues.
We can fix this. We can fix it in a matter of months -- a year at most. We can make our government the most financially sound in the world -- nearly overnight. The government can loan out all the money any state needs to build roads or schools or hospitals – interest free. Approximately half of a state’s infrastructure cost is from interest on borrowed money! When the money is repaid by the states it will all come back to the federal government, preventing inflation. All we have to do is to take back the power to control the quantity of money and put that power into the hands of the federal officials closest to the voting public -- namely the Congress of the United States.
Some say, “Well, those crooks in Congress will create too much money once they get the money power.” But Congress now “creates” all the money it wants! It just creates it as DEBT, which never gets paid back, and which we the people have to continually pay interest on. Instead of creating bonds -- or debt -- the government could and should be creating DOLLARS, interest-free.
More money for people.
Others will say Congress isn’t responsive to the people as it is.
Well of course not. Politicians are responsive to those with the power. Right now, the banks have the power. We have to take back the ultimate power of any nation – the power over its money. With the power of banks diminished, politicians will become responsive to the voters once again.
Do you know that only one zip code in this country provides nearly half of all the lobbying money to Congress? Guess what that zip code is? It’s 10028, the upper east side of Manhattan – the Golden Ghetto. That’s where the Mayor of New York lives. That’s where the Wall Street bankers live. They control the money, they control Congress.
Some will say that these solutions are something radical like socialism or worse. They are not. This is the most basic historic struggle for human freedom running back to the beginnings of time.
If we value the Founding Father’s dream of freedom -- an escape from serfdom by political self-determination --we have to conclude that creating our money is too important a function to be put into private hands. History has shown time and time again that that leads to nothing but plutocracy – rule by the rich – and ultimately slavery.
This privately-owned debt-money system has gotten so far out of control at this point that probably only a Biblical Jubilee year will save civilization from collapse.
Imagine in your own world. What if tomorrow you were told that all your mortgage debt and credit card debt was cancelled. That would certainly be more money for people, less money for banks. After the Jubilee, then we could take the money power away from the banks and change the Constitution to put it permanently into the hands of Congress.
But what about the banks? They are already failing? Let them fail. Government can issue it’s own money and credit. We don’t need their hyper-expensive compounding interest system. Banks or banking won’t go away. Everyone will still need loans and checking accounts. Some one will step in and provide those services. You’ll still go down to your corner bank to deposit your check. Your bank will still be there. Only the guts – the bank’s accounting system – the part you never see anyway – will change.
Jesus chased the moneychangers from the temple in his day. We should certainly do the same in our day.
Is that fair? Come on, big banks already own every large building in every city in the world. That should be sufficient! Let the people of the world have some money for a change. Give us some incentive to build a better world.
There is hope, especially here in America. History has shown that America has fought to create it’s own money for the last 300 years. In fact, in no other nation on earth has the population fought for it as successfully and with such determination over the centuries as America. All we need in the face of this oncoming first depression of the 21st century is a little education. We can make this the new civil rights movement – the new human rights movement. The big bankers now stand more exposed than ever before. Let’s use history to guide our path today.
This hasn’t been an issue since the time L. Frank Baum wrote the Wonderful Wizard of Oz. Why? Because after the William Jennings Bryan era, the bankers learned that in order to put the lid on this issue they had to buy up the nation’s press. And they did. But this won’t work in the Internet age. Television commentators are now asking just what is the Federal Reserve and where does their money come from? The answer is they make the money up out of thin air and then have the audacity to loan it to us. The interest that the government has to pay is where our income taxes go. That was the deal the Fed made with the government when the Federal Reserve Act was rammed through Congress on Dec. 23, 1913.
And what about the principal? The principle is never repaid, but the interest just keeps compounding. And it’s that interest that’s killing us. We’ll never be able to repay it. No nation ever has been able to do so – except for President Jackson in 1836.
=================================================================
Thu - 06 Jan
State Bank of Virginia 2010 Study Proposal
This article is so popular, I have posted on top as the legislative sessions across the nation open up.
HJ62: Banks; joint subcommittee to study whether to establish those to be operated by State.
* HJ62
HOUSE JOINT RESOLUTION NO. 62
Offered January 13, 2010
Prefiled January 11, 2010
Establishing a joint subcommittee to study whether to establish a bank operated by the Commonwealth. Report.
----------
Patron-- Marshall, R.G.
----------
Committee Referral Pending
----------
WHEREAS, the Commonwealth does not currently engage in the business of banking or own, control, or operate a bank; and
WHEREAS, the state of North Dakota currently engages in the business of banking, owns, controls, and operates a bank known as the Bank of North Dakota; and
WHEREAS, the Bank of North Dakota was established pursuant to North Dakota Century Code 6-09-01 for the purpose of encouraging and promoting agriculture, commerce, and industry; and
WHEREAS, the Bank of North Dakota is not a member of the Federal Deposit Insurance Corporation but pursuant to North Dakota Century Code 6-09-10, all deposits in the Bank of North Dakota are guaranteed by the state; and
WHEREAS, the deposit base of the Bank of North Dakota is unique in that its primary deposit base is the State of North Dakota and all state funds and funds of state institutions are deposited with the Bank of North Dakota, as required by law; and
WHEREAS, the Bank of North Dakota accepts other deposits from any source, including private citizens, businesses, and the U.S. government; and
WHEREAS, the Bank of North Dakota is overseen by the North Dakota Industrial Commission and advised by a seven-member Advisory Board appointed by the Governor that reviews the bank's operations and makes recommendations to the Industrial Commission relating to the bank's management, services, policies and procedures; and
WHEREAS, the Bank of North Dakota administers several lending programs that promote agriculture, commerce, and industry as well as providing government guaranteed loans for lenders and providing community, rural, and regional development loan funds; and
WHEREAS, the Commonwealth is expected to have a budget shortfall of between $ 1.8 billion and $ 3.6 billion in 2010 and North Dakota is expected to have an $ 800 million budget surplus by the end of 2010; and
WHREAS, the Commonwealth would benefit from loaning funds to develop agriculture, commerce and industry in lieu of granting tax revenues to newly established businesses; and
WHEREAS, by opening accounts in a bank owned, controlled, and operated by the Commonwealth, Virginians would be able to invest in the growth of agriculture, commerce and industry in the Commonwealth; and
WHEREAS, Virginians with accounts in a bank owned, controlled, and operated by the Commonwealth would benefit from a return on their investment in the form of loan interest and other revenues earned by the bank’s investments in agriculture, commerce and industry in the Commonwealth; and
WHEREAS, the purpose of a bank owned, controlled, and operated by the Commonwealth would be to invest in agriculture, commerce, and industry within the Commonwealth; and
WHEREAS, a need exists to determine if the Commonwealth would benefit from the creation and operation of a similar financial institution; now, therefore, be it
RESOLVED by the House of Delegates, the Senate concurring, That a joint subcommittee be established to study whether to establish a bank operated by the Commonwealth. In conducting its study, the joint subcommittee shall consider recommendations for legislation to establish a state owned, controlled, and operated bank.
The joint subcommittee shall consist of eight legislative members. Members shall be appointed as follows: five members of the House of Delegates to be appointed by the Speaker of the House of Delegates in accordance with the principles of proportional representation contained in the Rules of the House of Delegates and three members of the Senate to be appointed by the Senate Committee on Rules. The joint subcommittee shall elect a chairman and vice-chairman from among its membership.
Administrative staff support shall be provided by the Office of the Clerk of the House of Delegates. Legal, research, policy analysis, and other services as requested by the joint subcommittee shall be provided by the Division of Legislative Services. Technical assistance shall be provided by the Bureau of Financial Institutions of the State Corporation Commission. All agencies of the Commonwealth shall provide assistance to the joint subcommittee for this study, upon request.
The joint subcommittee shall be limited to four meetings for the 2010 interim, and the direct costs of this study shall not exceed $8,000 without approval as set out in this resolution. Approval for unbudgeted nonmember-related expenses shall require the written authorization of the chairman of the joint subcommittee and the respective Clerk. If a companion joint resolution of the other chamber is agreed to, written authorization of both Clerks shall be required.
No recommendation of the joint subcommittee shall be adopted if a majority of the House members or a majority of the Senate members appointed to the joint subcommittee (i) vote against the recommendation and (ii) vote for the recommendation to fail notwithstanding the majority vote of the joint subcommittee.
The joint subcommittee shall complete its meetings by November 30, 2010, and the chairman shall submit to the Division of Legislative Automated Systems an executive summary of its findings and recommendations no later than the first day of the 2011 Regular Session of the General Assembly. The executive summary shall state whether the joint subcommittee intends to submit to the General Assembly and the Governor a report of its findings and recommendations for publication as a House or Senate document. The executive summary and the report shall be submitted as provided in the procedures of the Division of Legislative Automated Systems for the processing of legislative documents and reports and shall be posted on the General Assembly's website.
Implementation of this resolution is subject to subsequent approval and certification by the Joint Rules Committee. The Committee may approve or disapprove expenditures for this study, extend or delay the period for the conduct of the study, or authorize additional meetings during the 2010 interim.
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