Dennis Kucinich on the Debt Ceiling: Take Back Our Country and Our Currency

t0rnado

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Sat Jul-30-11 01:31 PM
Original message

Dennis Kucinich on the Debt Ceiling: Take Back Our Country and Our Currency

" I carry the Constitution with me. I want to tell you something. We shouldn�t have to get to that . But Congress ought to familiarize itself with Article One, Section Eight, which says the Congress has the power to borrow money, sure, but it also has the power to coin money, to make money.

We gave that power over to the Federal Reserve back in 1913. It�s time that we understood we don�t have to go to banks to get money. The United States is a sovereign government. According to our Constitution, we should be able to invest in our own people, create the jobs.

We shouldn�t have to rely on banks. We cannot be at the mercy of banks in this country. That�s not a democracy. I think that it�s time the Congress studied that provision of the Constitution as well.

-Dennis Kucinich on the Ed Schultz Show"

http://www.unelected.org/dennis-kucinich-end-the-federal-reserve-return-to-constitutional-monetary

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fivepennies

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Sat Jul-30-11 01:34 PM
Response to Original message

1. I love this guy!!

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ProSense

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Sat Jul-30-11 01:37 PM
Response to Original message

2. So Kucinich wants

Edited on Sat Jul-30-11 01:38 PM by ProSense

to end the Fed and give Boehner control of currency?

That's Ron Paul's position.

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t0rnado

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Sat Jul-30-11 01:41 PM
Response to Reply #2

3. Not really

Obama would have WAY more power since he appoints the head of the US Treasury which will control the coinage of the currency.

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ProSense

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Sat Jul-30-11 01:45 PM
Response to Reply #3

4. The argument here is giving Congress more power

not the President. It effectively says that the Fed should be abolished and matters of money be controlled by Congress.

That's a recipe for friggin disaster (see current situation).

Obviously, this assessment was correct.

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fivepennies

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Sat Jul-30-11 01:50 PM
Response to Reply #4

7. It would have to include a better choice

of representation. And a more OPEN choice of candidates than we currently have. And PAPER ballots.

Nothing happens in a vacuum.

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bluestate10

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Sat Jul-30-11 01:51 PM
Response to Reply #4

8. Kucinich throws out another half baked idea. I don't expect anything better

from him. Yes Dennis, give Boner and the band of jackals that he leads control over all the nation's finances. What a damned foolish suggestion.

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Lorien

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Sat Jul-30-11 01:46 PM
Response to Reply #2

5. Ron Paul and ALAN GRAYSON co-sponsored a bill similar to what Kucinich is

suggesting, and if you know anything at all about the Federal Reserve then you know why it makes sense.

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ProSense

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Sat Jul-30-11 01:48 PM
Response to Reply #5

6. Nonsense

Grayson bill was to audit the Fed and create transparency, not to give Congress control over currency.

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t0rnado

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Sat Jul-30-11 02:11 PM
Response to Reply #6

9. Fed or Congress?

Would you rather have private banks controlling our currency or the Congress? I'm just learning about this myself. I'd like various opinions on the matter.

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