The above search engine searches only this site -- it is not perfectly accurate --
change the wording of your search if you don't get what you want the first time.


"We the people should move on to form and operate a new system of
4,000 Community Banks
-- using the existing Stagnant Pools of Money
-- or outside capital.


Krugman says Bernanke plan of early November 2010 will not work


This is revolutionary / Total potential profit for each bank = $16.5 million / bank. That is 33% net return on the invested capital of $50 million. Compare to the Common Good banks described below.


Download our NEW 40 page book -- a .pdf -- It has a few typos we will fix within the next week -- by 5/21/2010
"The Little Book of Money and Banking ... Movers and Shakers / Losers and Fakers"
Condenses everything we think we know about Money and Banking as of May 14, 2010.

This book is a .pdf -- In order to receive it, you have to know where .pdf files are downloaded-to on your computer. You have to tell your computer where to download .pdf files. If you can't do that -- click on all the links on this page -- the information in the "little book" is cumulatively at these links.


Wright Patman's "A Primer On Money" (from 1964) a 141 page .pdf
Our website and perhaps 90% of our writing is dependant on our reading of Patman's book and where it led in our study
of Money and Banking
.


This page you are reading is our "Home page" / Business Information -- ordering and such

Basic information about this site -- This standard information will not change very much from day to day.

Five ways to access information on this site / (1) LASI -- (2) Categories -- (3) Booklets -- (4) Search window -- (5) Read the text

The four most important subjects to our national money & banking System -- as of early 2010 /
(1) Defects in our Money and Banking System ...
(2) How to fix the defects ...
(3) Create the money we need ...
(4) Myths, Hoaxes, Lies, Silliness and Things-that-are-no-so about Money and Banking.

A SPECIAL REPORT -- A Google Poll on "Creating Money Out Of Thin Air" -- It is amazing -- hardly anyone realizes that "Creating Money Out Of Thin Air" is one of the greatest inventions of all time, and the foundation of our Money and Banking system.

SPECIAL REPORT #2 -- FRACTIONAL RESERVE BANKING IS DEAD -- LONG LIVE SOVEREIGN MONEY BANKING. Amost 100 years after Goldsmith Banking and the Fractional Reserve System of Banking officially died (but was left unburied), Ben Bernanke, the head of the Federal Reserve System just got around to making it official, when he recently announced -- "The Federal Reserve believes it is possible that, ultimately, its operating framework will allow the elimination of minimum reserve requirements, which impose costs and distortions on the banking system."

I take Bernanke's statement to mean that "reserves no longer have a place in our Money and Banking System". In my view, that is a wonderful breakthrough in economic thinking. I hope that breakthrough leads to a consensus on how our Money and Banking System really works.

We are now in a new era of banking which should make it possible for all of us to understand that our Congress -- under the Constitution, has the right and the obligation to "Create our money and regulate the value thereof". It seems pretty obvious it is now time to officially retire the scam title "Federal Reserve System" (a complex organization of interwoven banks owned by private corporations which are responsible -- by law-- only to their stockholders and not to this Nation or "We the People").

Let's let all the Wall Street Banks find work that is less dangerous to our financial well-being. They should move to the private investment sphere, where they will work with their money and not money that belongs to the Sovereign Money Banking System, which is owned by the American People.


"We the people should move on to form and operate a new system of
4,000 Community Banks
-- It Is revolutionary

A note to Gladys ...

Introduction to the Common Good Bank / A new idea in Banking
Notes from MRC: (1) Please let us know what you think of the "Common Good" idea. (2) If you sign up, let us know how it goes.

Be sure to check out << http://commongoodbank.com/invest/soundinvestment >>

Compare their plans and structure to our suggested plan at -- 4,000 Community Banks. There are significant differences. They are welcome to adopt our plan, which is based on the formation of State-Chartered banks and the creation of United States, Legal Tender Dollars by your bank. We have no proprietary interest in our plan -- anyone is free to adopt it at no charge by us. Under our plan, you will deal directly with your local Community and your State and run your bank in accordance with contracts between your Bank and those government entities.

Under our Sovereign Money Banking System you will be competing, in the American Way, on an even basis with Federal Reserve Banks -- but will not be part of the Federal Reserve System.

The following items are to be sorted and put into their proper categories
1 SPECIAL REPORT #3 -- QUESTIONS ABOUT MONEY AND BANKING the American public wants answered.
2 Our plans as of 9/20/09 -- Be sure to look at the links at this .html target.
There are about 60 important links you might otherwise miss.
3 On Deck -- Articles and such to be added to this site.
4 Obama's speech on overhauling financial regulation - 4/22/2010
5 "Federal Reserve's exit strategy" -- By Ben Bernanke - This proves Bernanke does not know where we get
our Money -- or what "liquidity" is all about. It is shocking I know -- but it really is so.
6

Kennedy issues notes -- or does he? Read what G. Edward Griffin writes at the link.

7 Barak Obama to Germany, "Let's play follow the leader" / 2010
8 Arianna Huffington on Capitalism and Michael Moore / 2009
9

The Federal Reserve and the Creation of Money -- William McCullough -- 1/21/2009 / A Short Summary / If you know Mr. McCullough, ask him to get in touch with me to discuss his well written article. (mrc)

10 Can Credit Unions and Mutual Saving Banks create money? -- see << http://www.primeronmoney.com/chapters/chapter3.html >> and scroll down to #124 Where Wright Patman wrote. "As we have previously pointed out, only the Government and the private commercial banks create money. Money lent by individuals, insurance companies, mutual savings banks, building and loan associations, credit unions, and industrial and commercial firms comes out of savings. Whatever individuals and these firms lend reduces the amount which they have left to spend ( or lend -- mrc).
11 NEW / 5/27/2010 -- "We the people should move on to form and operate a new system of 4,000 Community Banks -- using the existing Stagnant Pools of Money written about by Ellen Brown.

June 9, 2008 -- from the NY Times
Sandra day O'Connor Promotes  Web-Based Civics Lessons

Why not start with Money and Banking lessons and include Civics, or all Democratic Institutions??

By SETH SCHIESEL

Sandra Day O'Connor, the former Supreme Court justice, began her remarks at the Games for Change conference in New York by saying aloud what the few hundred people in the audience were already thinking.

"If someone had told me when I retired from the Supreme Court about a couple of years ago that I would be speaking at a conference about digital games, I would have been very skeptical, maybe thinking you had one drink too many," she said to laughter Wednesday in an auditorium downtown at Parsons the New School for Design.

Yet there she was, a notable figure in modern history, at once engaging and imposing as she explained why she had embraced the Internet and interactive digital media as an essential tool for preserving American democracy. In cooperation with Georgetown University Law Center and Arizona State University, Justice O'Connor is helping develop a Web site and interactive civics curriculum for seventh-, eighth- and ninth-grade students called Our Courts (www.ourcourts.org). The initial major elements of the site are scheduled to become available this fall.

Since retiring from the bench in 2006, Justice O'Connor, 78, has spoken forcefully and often about the dangers posed by efforts to politicize the judiciary. Her thoughts are well known to legal scholars. With Our Courts she hopes to foster a deeper understanding of American government among schoolchildren. The site will have two parts, an explicitly educational component for use in schools and a more entertainment-oriented module that will more closely resemble games. As one would expect from such a significant jurist, she made a neat case.

"In recent years I have become increasingly concerned about vitriolic attacks by some members of Congress and some members of state legislatures and various private interest groups on judges," she said in her speech. "We hear a great deal about judges who are activists, godless secular humanists trying to impose their will on the rest of us. I always thought an activist judge was one who got up in the morning and went to work."

She said she embarked on this campaign after a conference she and Justice Stephen G. Breyer convened in 2006 on the state of the judiciary.

"The overwhelming consensus coming out of that conference was that public education is the only long-term solution to preserving an independent judiciary and, more importantly, to preserving a robust constitutional democracy," she said. "The better educated our citizens are, the better equipped they will be to preserve the system of government we have. And we have to start with the education of our nation's young people. Knowledge about our government is not handed down through the gene pool. Every generation has to learn it, and we have some work to do."

Justice O'Connor said that most citizens know very little about their government."Two-thirds of Americans know at least one of the judges on the Fox TV show "American Idol," but less than 1 in 10 can name the chief justice of the United States Supreme Court," she said.

And for that she did not lay responsibility solely at the feet of popular culture.

"One unintended effect of the No Child Left Behind Act, which is intended to help fund teaching of science and math to young people, is that it has effectively squeezed out civics education because there is no testing for that anymore and no funding for that," she said. "And at least half of the states no longer make the teaching of civics and government a requirement for high school graduation. This leaves a huge gap, and we can't forget that the primary purpose of public schools in America has always been to help produce citizens who have the knowledge and the skills and the values to sustain our republic as a nation, our democratic form of government."

Enter the Internet. Justice O'Connor said she didn't play games and was hardly a computer expert. But she added that she had seen in her children and especially her grandchildren how involving interactive media can be and noted that interactive education can in some ways be more effective than traditional methods.

"We'll have them arguing real issues, real legal issues, against the computer and against each other," she said. One of the first interactive exercises in the Our Courts program, she said, would take up First Amendment issues involving the ability of public schools to censor students' speech, as in student newspapers or on T-shirts.

"I believe that when we learn something, a principle or concept, by doing, by having it happen to us, which you can do by that medium of a computer, and you exercise it and you make an argument and you learn, "Oh yes, that's an argument that prevails, 'you learn by doing.' "

That's an argument even the most hardened game geek would approve. (see link above at A note to Gladys ...)


Martin Carbone

martycarbone@yahoo.com
website: http://www.alphabeticalist.com  (a guide to the Internet)
              http://www.primeronmoney.com (How money and banking works)
Tel: 760-603-1910
5123 Don Rodolfo Drive / Carlsbad, CA 92010