Tuesday, February 7, 2012

Proposal for American Prosperity: Localize Deposits, Starve the Beast #GIABO #Transition #Localize

If city, country, state, and Federal governments around the US move their primary banking and deposits out of the Big Four (JP Morgan, Wells Fargo, Bank of America, Citibank) and into small local banks, the economy would begin to recover immediately.

This will not happen so long as the cost of energy is a barrier to trade.  Therefore, local communities should begin to shop locally for everything, as much as possible, only going to long distance markets when there are no better alternatives.  Notice I didn't say CHEAPER.  This is not going to be about price.  We are not going to negotiate the future of the world with those who choose to hang on because their livelihood depends on the status quo.  Home buyers will get mortgages, car loans, safety deposit boxes, and investment accounts, all from locally owned small businesses, the kind that thrived before the days of mega corporations.  Home builders will source their materials locally, possibly substituting non-local goods with alternative materials, preferably reusing materials that have already been "spent".  Restaurants and grocery stores will shop from local farmers markets.  All of this action will circulate the money within a community, but not strip it out like a Walmart, Burger King, McDonalds, Home Depot, or Whole Foods.

Only those communities that cannot source food will "import" from outside their local area and soon they will find that intolerable as the price of oil climbs to all time highs and the cost of modern agriculture is no longer cheaper.  Many people may ignore these words now, but wait until oil spikes again, for whatever reason.  Then you will see.

Unemployment will plummet as local business hire local people.  Many may shift industries, getting training, learning on the job, or work in apprenticeships and internships.  City and State tax revenues will return as small and local business cannot threaten to leave town when their employees and ownership are local.  No longer will the big box mega corporations be able to starve cities and states of tax revenues because they "promise to bring jobs to the local economy".  No I am not talking about so many employees, I mean many many Americans would become self-employed and that means reducing our taxable Federal income.  This will allow us to STARVE the BEAST.  The Federal government will be forced to bank local just as we do because we will cut off its primary source of funding - the federal income tax, and we will do this just as legally as the big banks and their puppet Federal Reserve of NY have stripped our economy of virtually everything since 1913 (and their predecessors have done since before the American Revolution).

We should begin to release our own currencies based on the 100% deposits of the community banks which will lend out only up to the level of their risk tolerance but no more than 100% of deposits.  and we will barter just as humans have done for thousands of years and how the early settlers of North America did only 300 years ago, and how rural communities have done up until the last 30 years.

The "wealth" of our world will not solely depend on how many US dollars line our income statements and balance sheets.  We will accept these new currencies as legal tender and will operate an exchange where neighbors can trade for dollars, gold, silver, or even swap one item for another. 20% of the economy labeled as "underground" already functions much like this and they survive BECAUSE they are outside the system. Otherwise they would go broke too.

How do I know this will work?  Because it worked before. Jackson killed the Second Bank of the United States (and soon thereafter paid off the national debt for the ONLY time in history) by moving the deposits of the US Federal Government to the state banks.


The Second Bank of the United States thrived from the tax revenue that the federal government regularly deposited just as the Federal Reserve Banks do now, both owned and controlled to a large extent by foreigners. Seeing his opportunity to starve the beast,  Jackson struck at this vital source of funds by signing an executive order instructing his Secretary of the Treasury Taney to deposit federal tax revenues in state banks.  In September 1833, Secretary of the Treasury Roger B. Taney transferred the government of  Pennsylvania’s deposits from the Second Bank to the Bank of Girard in Philadelphia, the locally controlled Bank of Stephen Girard, which had bought the assets of the First Bank of the United States when its charter was not renewed in 1811.  This is how the London Connection bank went bankrupt.  We stripped the leech off of our balls and it shriveled up and died.  This is what we should do now to return control of our nation to our elected officials and bureaucrats.  We will deal with their corruption and incompetence later.

Why should we as individuals and families make the decision to do this? Because we now know the truth about American history, the manipulation and control that has been exercised on us by the London Connection since before our Independence.  We are aware of their plans to manipulate us into the throngs of war.  You can hear their appeasers now, suggesting we sanction Iran and send troops into Syria.  Many see this as a left right paradigm, I see it as a patriot-traitor paradigm.  Those that persist in driving us to war around the world ostensibly to protect our national interests (oil and commerce), liberate (the markets), and defend our national security (by maintaining military troops and bases around the world) are the traitors.  They are committing treason against the spirit of the Constitution, even if they have changed our laws to fit their needs.

This London Connection, of international bankers have stripped us of our wealth and profited from our complacency.  The greatest obstacle to those who hope to reform America is complacency by those who argue that they shouldn't complain, they have it well.  So that’s the attitude you are going to take? That you will not help out fellow Americans? You will describe them as lazy? Simply because you ere able to achive success? And you say that you never got a helping hand? I challenge you to find a single industry that has not benefited from the socialist welfare that you so abhor!  

We are awake.  We are a legion of citizens that will no longer be victims of their games.  We are Americans, Citizens of the Free World.

#GIABO, #StarveTheBeast, #EndtheFed #Localize #Transition

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