VIDEO | Webinar, Center for Global Justice, “Why Banking Needs to Be Run as a Public Utility”
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The Disaster of Negative Interest Rates
by Ellen Brown President Trump wants negative interest rates, but they would be disastrous for the U.S. economy, and his objectives can be better achieved by other means. The dollar strengthened against the euro in August, merely in anticipation of the European Central Bank slashing its key interest rate further into negative territory. […]
Two Banking Professionals Join the Boys & Girls Club Board of Directors
Oxnard, Calif. — The Boys & Girls Clubs of Greater Oxnard and Port Hueneme announces the addition of Dee Dee Beltran and Sean Morreale to its board of directors. Beltran is the assistant vice president of consumer lending and collections at CBC Federal Credit Union in Oxnard. Morreale is the executive vice president and regional […]
What is the Process to Install a New Monetary System?
. .. . By Alan Myers The Federal Reserve Acts are laws, they are not Constitutional Amendments. Therefore, in order to rid ourselves of the disease that is the FED, the FED Acts and all their amendments must be REPEALED. To accomplish the REPEAL, a sufficient number of elected employees, in the House must vote […]
What Monetary System Can Replace the Fed?
. .. . By Alan Myers “If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.” Milton Friedman, a Nobel Prize Winning Economist. A proper monetary system serves the People’s best interests and not private bankers, central or local. Therefore, the People must create, […]
Why the FED Must be Replaced?
. .. . By Alan Myers “The Federal Reserve definitely caused the Great Depression by contracting the amount of currency in circulation by one-third from 1929 – 1933.” Milton Friedman, a Nobel Laureate. 1. The Federal Reserve Reform Act of 1977 establish statutory objectives for the FED’s monetary policy. The goals of these objectives were […]
What is a Ponzi Scheme
. .. . By Alan Myers “When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time, a legal system that authorizes it and a moral code that glorifies it.” Frederic Bastiat, 1801 – 1850. Carlo (Charles) Ponzi hatched the original […]
The Problems with a Cashless Monetary System
. .. . By Alan Myers Keep in mind that having only one option is very limiting and very dangerous. Fortunately, in our current national monetary system, We The People, are allowed by the FED to use both physical money (cash and coin) and electronic money (electronic digits in bank accounts). However, in a CASHLESS […]
Is the Federal Reserve System (FED) Public or Private
. .. . By Alan Myers “The regional Federal Reserve banks are not government agencies. …but are independent, privately owned and locally controlled corporations.” Lewis vs. United States, 680F. 2d 1239 9th Circuit 1982. IS THE FED PUBLIC OR PRIVATE? The short answer, Private. WHAT CONDITIONS INDICATE THAT THE FED IS PRIVATE? a) The […]
5 ways Wells Fargo ripped people off in 2017
Big banks. Two words that make consumer expert Clark Howard’s skin crawl! And no “giant monster mega-bank” — as Clark calls them — was more revolting in 2017 than Wells Fargo. Here’s a look back at the newer ways that the big bank ripped off its customers — beyond the usual high fees, poor customer […]
