We need to prepare for the day we win the Revolution. The first bank reform would be to seize the Federal Reserve and issue a non-interest bearing currency like Lincoln’s Greenbacks.
Since the banks are all bankrupt, setting up cooperatively owned banks would be easily accomplished as the taxpayers already paid for the purchase.
Listen to this woman economist explain how interest harms 90% of the population and how this can be undone.
I should add that as an American who is in part of Swedish descent that I would not want to be part of a co-operative bank that allowed deadbeats to vote for bank officers until they had established a better credit rating.
This next video explains how the system works. It would work better if they had large deposits from the US Treasury.
This video explains how a co-operative bank can encourage savings. If we are to create jobs, we need to increase savings.
This final video explains how the JAK Bank can help groups to band together
to save money on interest.
I have decided to share two of the visions I had as a child. When I was eight, I had a vision of a future war that killed 99.5% of the world's population. When I was 16 and living in the projects, I had a vision of my future. I was to live in complete obscurity until it came time to stop WW III. When I was about ten, I had read a bio of Nikita Khrushchev which said he survived Stalin by playing the bumbling fool an old Russian peasant trick. I decided to do the same as I had already learned that we did not live in a democracy. The other vision I had when I was in third grade was of the Mind of God and how it interacted in the creation of the world we see. I believe you and I were born at this time precisely so we would have an opportunity to stop this war. As for my personal info, I grew up on military bases and in housing projects. My legs atrophied from starvation as a child. My second step-father died in prison. I used to have to rub my skin to simulate human contact. They did not feed me when I was a child. I do not fight in their wars as an adult.