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Public Banking: What Better Time Than Now

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Stephen Lendman
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This piece was reprinted by Test Populum with permission or license. It may not be reproduced in any form without permission or license from the source.

Ordinary people have no say. Their welfare doesn't matter. Bottom line priorities take precedence. It's Wall Street's way. Global money control is policy. 

It's used to make more of it. It's made the old fashioned way. It's stolen. It's done so with impunity. It wrecks countries in the process. 

Cyprus is Exhibit A. It's being looted. It's being destroyed. It's a perfect crime. Eurocrats and Cypriot officials bear full responsibility. Ordinary people face protracted hard times. Most have three choices - starve, rebel or leave.

On March 30, former Reagan budget director David Stockman headlined "State-Wrecked: The Corruption of Capitalism in America." 

Post-2007 crisis conditions devastated ordinary Americans. Main Street's in protracted Depression. Stockman predicts more trouble ahead.

Fed policy resorted to money printing madness. Helicopter Ben dropped none of it on Main Street. It "stayed trapped in the canyons of Wall Street." It's "inflating yet another unsustainable bubble."

Eventually they all burst. This time don't expect bailouts. America's heading for "zero-sum austerity and virulent political conflict."

"This dyspeptic prospect results from the fact that we are now state-wrecked."

Money printing madness and bailouts reflect "the single most shameful chapter in American financial history."

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VISIT MY WEBSITE: stephenlendman.org (Home - Stephen Lendman). Contact at lendmanstephen@sbcglobal.net.  My two Wall Street books are timely reading: "How Wall Street Fleeces America: Privatized Banking, Government (more...)
 

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