Archive

Monthly Archives: May 2014

Intelligence insider: Obama administration agenda to “kill U.S Dollar”

An American Banking Revolution Awaits

Sunday, 25 May 2014 12:21
Written by 
William A. Collins By William A Collins, OtherWords | Op-Ed

These tough economic times require creative alternatives to Wall Street, including more state banks.

Vermonters aren’t like the rest of us: They live in a small state with a flinty history and a legendary suspicion of outsiders.

That independent streak gained luster when 15 Vermont towns voted earlier this year to reinforce this independent tradition by approving a proposal to create a state bank.

The Vermont Economic Development Authority would get a license to do what private banks normally do — only with a mandate to serve the public interest no matter what.

This isn’t unprecedented. North Dakota has enjoyed a flourishing state banking system for nearly a century.

Costa Rica set another good precedent. Its public banking dates back to 1949. As of a decade ago, its four state banks held 75 percent or more of all individual deposits.

All this is quite vexing to the World Bank and the International Monetary Fund. As elsewhere, they have muscled Costa Rica to privatize its government-owned businesses. Costa Rica has largely done this, but it won’t let go of its state-owned banks. For some reason, Costa Ricans don’t trust the commercial ones.

No, Americans don’t trust our banks either. But only North Dakota’s state bank remains under public control.

Everywhere else, banking laws have made it very profitable for old-fashioned mutual (non-profit) savings banks, once popular, to sell out their depositors and turn commercial. The executives who accomplish this switch all do very nicely for themselves.

Luckily, credit unions carry on from bygone times as a thorn in the side of the industry, but Wall Street is working hard to extinguish them too. Credit unions depend heavily on their non-profit status to protect them against taxes, so conservative outfits like the Tax Foundation are trying mightily to squash that exemption.

Theoretically, the government is our protector from the avaricious cartel of private banks. Both state and federal laws ostensibly provide us with banking watchdogs which safeguard the honesty and fairness of our saving and borrowing.

That’s really just in theory. Unfortunately, a cynical revolving door regularly sends regulators wheeling into bank jobs and bankers hot-footing it over to regulation. At the same time, lobbyists sap the rectitude of those lawmakers and oversight agencies who you might have thought had our best interests at heart.

Hence, banks feel unrestricted to manipulate credit cards, student loans, mortgages, securitizations, hedge funds, credit default swaps, currency exchanges, and all manner of rigged financial transactions. Our regulators rein them in sometimes, but in many cases not until after the damage is done.

As a result, when mortgages default, neighborhoods collapse, families are ruined, and the economy tanks, the banks go right on — perhaps with their wrists slapped.

FINISH THIS ARTICLE HERE AT THE SOURCE (CLICK)jewish bankers

JuryNullificationBlimp_smaller

Jury Nullification: Why Every American Needs to Learn This Taboo Verdict

Sunday, 25 May 2014 10:56 By Kevin Mathews, Care2 | Op-Ed

Did you know that, no matter the evidence, if a jury feels a law is unjust, it is permitted to “nullify” the law rather than finding someone guilty? Basically, jury nullification is a jury’s way of saying, “By the letter of the law, the defendant is guilty, but we also disagree with that law, so we vote to not punish the accused.” Ultimately, the verdict serves as an acquittal.

imagesIJ2NECUM

Haven’t heard of jury nullification? Don’t feel bad; you’re far from alone. If anything, your unfamiliarity is by design. Generally, defense lawyers are not allowed to even mention jury nullification as a possibility during a trial because judges prefer juries to follow the general protocols rather than delivering independent verdicts.

Surprisingly, the Supreme Court has routinely agreed that judges have no obligation to inform juries about jury nullification. Paradoxically, jury nullification is permitted to exist as an option to all juries, yet this option cannot be discussed in most courtrooms.

A few years ago, Julian Heicklen handed out pamphlets to passersby on jury nullification to people outside of a federal courthouse. While the former professor was merely attempting to educate people about how the jury system works, he was charged with jury tampering. The prosecution labeled Heicklen “a significant and important threat to our judicial system,” but the judge ultimately disagreed and dismissed the case. Nonetheless, the fact that this case went to court at all shows how those in the legal system are willing to intimidate those who vocalize this loophole.

imagesS3A1991X

Jury nullification is undoubtedly feared because of its ability to upset the system. A jury that considers drug laws to be outrageous can nullify. A jury that is aware of the mass inequality in incarceration rates and believes a defendant was targeted via racial profiling can nullify. A jury that believes a harmless defendant is a victim of the prison industrial complex rather than a perpetrator can nullify. This counter-verdict exists so that citizens can right the wrongs inherent in our supposed “justice” system.

Of course, as the New York Times points out, jury nullification hasn’t always been used to “do good.” Historically, racist southern juries have nullified cases involving hate crimes and overly optimistic juries have nullified instances of police brutality, unwilling to fault police officers. However, if you agree that an informed jury can produce the correct verdict, nullification remains a valuable tool in the pursuit of justice.

CONTINUE THIS ARTICLE HERE AT THE SOURCE (CLICK)

jnn

http://truth-out.org/opinion/item/23929-jury-nullification-why-every-american-needs-to-learn-this-taboo-verdict

The Car Guyz

Auto Industry Experts Playing for the Other Team ...You!

FOXNews.com

Stomping out Liberal Lunacy Whereever it's Found ...Which lately has been like playing Whack -A- Mole

The Rush Limbaugh Show

Stomping out Liberal Lunacy Whereever it's Found ...Which lately has been like playing Whack -A- Mole

Breitbart News

Stomping out Liberal Lunacy Whereever it's Found ...Which lately has been like playing Whack -A- Mole

Drudge Retort

Stomping out Liberal Lunacy Whereever it's Found ...Which lately has been like playing Whack -A- Mole

Fathers' Rights Blog

by Jeffery M. Leving

therightwingextremist

Stomping out Liberal Lunacy Whereever it's Found ...Which lately has been like playing Whack -A- Mole

The WordPress.com Blog

The latest news on WordPress.com and the WordPress community.

%d bloggers like this: