As we gather together in solidarity to express a feeling of mass injustice, we must not lose sight of what brought us together. We write so that all people who feel wronged by the corporate forces of the world can know that we are your allies.
As one people, united, we acknowledge the reality: that the future of the human race requires the cooperation of its members; that our system must protect our rights, and upon corruption of that system, it is up to the individuals to protect their own rights, and those of their neighbors; that a democratic government derives its just power from the people, but corporations do not seek consent to extract wealth from the people and the Earth; and that no true democracy is attainable when the process is determined by economic power. We come to you at a time when corporations, which place profit over people, self-interest over justice, and oppression over equality, run our governments. We have peaceably assembled here, as is our right, to let these facts be known.
They have taken our houses through an illegal foreclosure process, despite not having the original mortgage.
They have taken bailouts from taxpayers with impunity, and continue to give Executives exorbitant bonuses.
They have perpetuated inequality and discrimination in the workplace based on age, the color of one’s skin, sex, gender identity and sexual orientation.
They have poisoned the food supply through negligence, and undermined the farming system through monopolization.
They have profited off of the torture, confinement, and cruel treatment of countless animals, and actively hide these practices.
They have continuously sought to strip employees of the right to negotiate for better pay and safer working conditions.
They have held students hostage with tens of thousands of dollars of debt on education, which is itself a human right.
They have consistently outsourced labor and used that outsourcing as leverage to cut workers’ healthcare and pay.
They have influenced the courts to achieve the same rights as people, with none of the culpability or responsibility.
They have spent millions of dollars on legal teams that look for ways to get them out of contracts in regards to health insurance.
They have sold our privacy as a commodity.
They have used the military and police force to prevent freedom of the press. They have deliberately declined to recall faulty products endangering lives in pursuit of profit.
They determine economic policy, despite the catastrophic failures their policies have produced and continue to produce.
They have donated large sums of money to politicians, who are responsible for regulating them.
They continue to block alternate forms of energy to keep us dependent on oil.
They continue to block generic forms of medicine that could save people’s lives or provide relief in order to protect investments that have already turned a substantial profit.
They have purposely covered up oil spills, accidents, faulty bookkeeping, and inactive ingredients in pursuit of profit.
They purposefully keep people misinformed and fearful through their control of the media.
They have accepted private contracts to murder prisoners even when presented with serious doubts about their guilt.
They have perpetuated colonialism at home and abroad. They have participated in the torture and murder of innocent civilians overseas.
They continue to create weapons of mass destruction in order to receive government contracts. *
To the people of the world,
We, the New York City General Assembly occupying Wall Street in Liberty Square, urge you to assert your power.
Exercise your right to peaceably assemble; occupy public space; create a process to address the problems we face, and generate solutions accessible to everyone.
To all communities that take action and form groups in the spirit of direct democracy, we offer support, documentation, and all of the resources at our disposal.
Join us and make your voices heard!
*These grievances are not all-inclusive.
Thank you. And I totally agree. I desperately wish I were able to take part in this movement, in a meaningful way. As it is you have all the support that I am able to give.
God bless everyone of you. And God bless those who have sacrificed going to jail for this cause. You are all heroes.
Quotes from Thomas Jefferson:
The WE Party Mentors can help!
MORE to the POINT, cite the underlying criminality specifically and offer remedies:
What’s wrong with our money system?
The greater part of U.S. banking and enterprise is now under the control of a small inner circle of men. .. wrote from personal knowledge of an elite clique of global financiers bent on controlling the world. [Dr. Carroll Quigley, Geotown ] aiming "nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole." This system was "to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements."2The key to their success was that they would control and manipulate the money system of a nation while letting it appear to be controlled by the government. … more than just controlling the money supply. Today they actually create the money supply, while making it appear to be created by the government.
The hoax is that there is virtually no "real" money in the system, only debts. Except for coins, which are issued by the government and make up only about one one-thousandth of the money supply, the entire U.S. money supply now consists of debt to private banks, for money they created with accounting entries on their books. It is all done by sleight of hand; and like a magician's trick, we have to see it many times before we realize what is going on. But when we do, it changes everything. All of history has to be rewritten.
“ Bankers own the earth…if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit.3 …" Sir Josiah Stamp, dir Bank of England
Money inthe Land of Oz If governments everywhere are in debt, who are they in debt to? The answer is that they are in debt to private banks. The "cruel hoax" is that governments are in debt for money created on a computer screen, money they could have created themselves. The vast power acquired through this sleight of hand by a small clique of men pulling the strings of government behind the scenes evokes images from The Wizard of Oz, a classic American fairytale that has become a rich source of imagery for financial commentators. Editorialist Christopher Mark wrote in a series called "The Grand Deception":
Welcome to the world of the International Banker, who like the famous film, The Wizard of Oz, stands behind the curtain of orchestrated national and international policymakers and so-called elected leaders. The late Murray Rothbard, an economist of the classical Austrian School, wrote:
Money and banking have been made to appear as mysterious and arcane processes that must be guided and operated by a technocratic elite. They are nothing of the sort. In money, even more than the rest of our affairs, we have been tricked by a malignant Wizard of Oz. In a 2002 article titled "Who Controls the Federal Reserve System?", Victor Thorn wrote: In essence, money has become nothing more than illusion -- an electronic figure or amount on a computer screen. . . . As time goes on, we have an increasing tendency toward being sucked into this Wizard of Oz vortex of unreality [by] magician-priests that use the illusion of money as their control device.
Q: How do the banks get away with it?
A: We let them-from Web of Debt EBrown
. The "Federal" Reserve is not actually federal. It is a private corporation owned by a consortium of very large multinational banks. (Ch 13)
. Except for coins, the government does not create money. Dollar bills (Federal Reserve Notes) are created by the private Federal Reserve, which lends them to the banks that lend them to the government, individuals and businesses. (C 2)
. Tangible currency (coins and dollar bills) together make up less than 3 percent of the U.S. money supply. The other 97 percent exists only as data entries on computer screens, and all of this money was created by banks in the form of loans. (Ch 2 and 17)
. The money that banks lend is not recycled from pre-existing deposits. It is new money, which did not exist until it was lent. (Ch 17 & 18)
. 30% of the money created by banks with accounting entries is invested for their own accounts. (Ch 18)
. The American banking system, which at one time extended productive loans to agriculture and industry, has today become a giant betting machine. An estimated $370 trillion are now riding on complex high-risk bets known as derivatives – 28 times the $13 trillion annual output of the entire U.S. economy. These bets are funded by big U.S. banks and are made largely with borrowed money created on a computer screen. Derivatives can be and have been used to manipulate markets, loot businesses, and destroy competitor economies. (Ch 20 and 32)
. U.S. federal debt has not been paid off since the days of Andrew Jackson. Only
SHORT SELLING ON WALL ST E Brown
Where do the short sellers get the shares to sell into the market? per Jim Puplava …, they “borrow” shares from the unwitting true shareholders. When a brokerage firm opens an account for a new customer, it is usually a “margin” account—one that allows the investor to buy stock on margin, or by borrowing against the investor’s stock. This is done although most investors never use the margin feature and are unaware that they have that sort of account. The [then] “rent” the stock in a margin account for a substantial fee—sometimes as much as 30% interest for a stock in short supply. Needless to say, the real shareholders get none of this tidy profit. Worse, they can be seriously harmed by the practice. They bought the stock because they believed in the company and wanted to see its business thrive, not dive. Their shares are being used to bet against their own interests.
There is another problem with short selling: the short seller is allowed to vote the shares at shareholder meetings. To avoid having to reveal what is going on, stock brokers send proxies to the “real” owners as well; but that means there are duplicate proxies floating around. Brokers know that many shareholders won’t go to the trouble of voting their shares; and when too many proxies do come in for a particular vote, the totals are just reduced proportionately to “fit.” But that means the real votes of real stock owners may be thrown out. …www webofdebt.com
0. interest gets paid, while the principal portion continues to grow. (Ch 2)
. The federal income tax was instituted specifically to coerce taxpayers to pay the interest due to the banks on the federal debt. If the money supply had been created by the government rather than borrowed from banks that created it, the income tax would have been unnecessary. (Ch 13 & 43)
. The interest alone on the federal debt will soon be more than the taxpayers can afford to pay. When we can't pay, the Federal Reserve's debt-based dollar system must collapse. (Ch 29)
. Contrary to popular belief, creeping inflation is not caused by the government irresponsibly printing dollars.[but] caused by banks expanding the money supply with loans. (Ch 10)
. Most of the runaway inflation seen in "banana republics" has been caused, not by national governments printing money for the nation's needs, but by global institutional speculators attacking local currencies and devaluing them on international markets. (Ch 25)
. The same sort of speculative devaluation could happen to the U.S. dollar if international investors were to abandon it as a global "reserve" currency, something they are now threatening to do in retaliation for what they perceive to be American economic imperialism. (Chs 29 &d 37)
. There is a way out of this morass. The early American colonists found it, and so did Abraham Lincoln and some other national leaders: the government can take back the money-issuing power from the banks. (Chs 8 and 24)
From intro to Web of Debt, Ellen Hodgson Brown, Third Millennium Press
<o> <0> THE OZ OJO <0> <o>
a simple solution could make the country solvent once again. It is not a new solution but dates back to the Constitution: the power to create money needs to be returned to the government and the people it represents. The federal debt could be paid, income taxes could be eliminated, and social programs could be expanded; and this could all be done without imposing austerity measures on the people or sparking runaway inflation. Utopian as that may sound, it represents the thinking of some of America's brightest and best, historical and contemporary, including Abraham Lincoln, Thomas Jefferson and Benjamin Franklin. E Brown, Web of Debt
Robert H. Hemphill, Credit Manager of the Federal Reserve Bank of Atlanta, wrote in 1934: 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.
Graham Towers, Gov, Bank of Canada : Banks create money. That is what they are for… he manufacturing process to make money consists of making an entry in a book. That is all.. Each and every time a Bank makes a loan.. new Bank credit is created-brand new money. Robert B. Anderson, Sec of Treas for Ike: [W]hen a bank makes a loan, it simply adds to the borrower's deposit account in the bank by the amount of the loan. The money is not taken from anyone else's deposit; it was not previously paid in to the bank by anyone. It's new money, created by the bank for the use of the borrower. Michel Chossudovsky, Prof Economics , UOttaw: [P]rivately held money reserves in ands of "institutional speculators" far exceed the limited capabilities of the World's central banks.[which] are no longer able to fight the tide of speculative activity. [of] private creditors who have the ability to freeze State budgets, paralyse the payments process, thwart the regular disbursement of wages to millions of workers (as in the former Soviet Union) and precipitate the collapse of production and social programmes.7
The Bailout that Missed Main Street
The credit collapse of September 2008 was triggered by the speculative activities of giant Wall Street banks. These profligate banks, which would have gone bankrupt without federal support, have emerged from the crisis bigger and more powerful than before. The federal government has supported and subsidized bank consolidation, resulting in the elimination of more than a thousand community banks by takeover or failure.
The five largest banks now hold 40 percent of all deposits and 48 percent of all bank assets. These banks—Bank of America, Wells Fargo, JPMorgan Chase, Citigroup, and PNC—currently control more deposits than the next largest 45 banks combined.
They are big, powerful, with no interest in local lending. …have cut back on small business lending 53 percent. 2 the largest recipients of TARP funds, BOA & Citigroup, cut back on local lending by 94% & 64%t, respectively.Why? In 2010, the 6 largest banks w/$75 bil; spent,$56 Bil in derivatives, futures, commodities, and currencies. If the too-big-to-fail banks win these bets, they keep proceeds. If they lose, the fed gov can be relied on to bail them out. Ellen Brown for Yes magazine
Right on Jan:
All of this talk about Obama being the Anti Christ. You just pointed out the real Anti Christ! Or to be accurate the Beast.
And what have you achieved?