Thread: "The Cook Plan"
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Old 06-02-2009, 11:25 AM   #3
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Join Date: Nov 2008
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Default Re: "The Cook Plan"

Originally Posted by seashore View Post

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In the wake of this U.S. economic meltdown, the mainstream population faces four possible futures: 1. Adjust and accept diminished prosperity, in a life that includes two or three part time jobs, a perpetual job search in a declining economy, and the need to share housing with extended family or even strangers. And by the way, plan to join the underground economy. 2. Jump on the bandwagon of a new international war! Hey, World War II got us out of the post1929 depression, why not try that strategy again? 3. Prepare for chaos in the streets and a rightwing response of martial law and the suspension of our core doctrine the Bill of Rights. or 4. Join a real and positive revolution to reform a broken monetary system, rebuild our public infrastructure, and develop an income assurance strategy that gives everyone a chance at a future that provides for life, liberty, and the pursuit of happiness. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake up homeless....The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. Thomas Jefferson, writing to the Secretary of the Treasury in 1802

About the Author
Richard C. Cook is a government analyst who, after thirty-two years in government service, retired from the U.S. Treasury Department in January 2007. While at the Carter White House, Cook began his study of monetary reform. During his twenty-one years with Treasury, he continued his study of U.S. monetary history, analyzed Treasury financial and administrative programs, and developed and taught training programs on public finance. In February 2007 he wrote the first of a series of essays that predicted the brutal economic landscape of Summer 2008.
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