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J. P. Morgan — for Chief of Staff

Does it get worse?  

I find myself pining for that philanderer who knocked up his mistress, had a child out of wedlock, and then got omitted from his wife’s will when she died of cancer and left him with young children.

Certainly a man with a defective zipper is preferable to one who thinks that J.P. Morgan should be setting his agenda for each and every day for the next several years.  The audacity of hope was really the audacity of J. P. Morgan.  Who knew?

Of course I could be wrong.  Maybe I am just Monday morning quarterbacking. Maybe the philanderer would have had a hedge fund manager for chief of staff and it could have been worse.

All I recall is something about two Americas.  One of them sure knows how to beat up the other one.

Kucinich’s legislation will return the government’s ability to print money

and take it away from the banks.  Since 1913, the bank’s have had the power.

http://moneyreform.wordpress.c…

“My bill would replace the Federal Reserve System’s dependence on private banks to create credit.  In its place, a Monetary Authority under the Treasury Department would directly inject liquidity into the economy by purchasing much needed public infrastructure repair. Today, we have idle capital, millions of able-bodied but unemployed workers, unused equipment, and record low interest rates. These conditions are the best possible time to make a long-term investment in our nation’s infrastructure.”

Just so simple.  Let the government print the money and spend it into existence like the framers intended.

The concept is so simple.  If you could print money in your garage, would you borrow it from a bank?  Of course not.  So why do governments borrow from banks, when they could just print what they need?  Answer: because the banks own the governments.

This probably won’t pass and Ron Paul is too stupid to understand why this would work, but it is what we need.

Unfortunately, I am sure the banks have a contract out on Kucinich by now.

Obama Should Switch Parties

And make it official.

That’s my eight word essay.

Wall Street About To Buy Off Congress Regarding Mortgages

Wall Street is about to try to push through another bill legitimizing MERS mortgages.

This will reek havoc on the rights of states to decide their real property laws and upset established mortgage law that has been around since the Revolutionary era.

If the federal government can usurp the rights of states to decide how real property liens are accomplished and recorded, then I would question whether state rights are just a fiction.

Normally one could count on the Sup. Ct. to stop this, but of course the proponent of this is the banking lobby.  This will be a repeat of Bush v. Gore where all of the justices vote opposite of what is normally expected.

Read about the proposed law here from Neil Garfield at livinglies.wordpress.com.  Neil has been the attorney on the web most responsible for bringing the mortgage fraud to light.

http://livinglies.wordpress.co…

Please help Neil’s warning go viral.

As an aside, Carol Molloy, a Tennessee attorney, is related to Neil by marriage and she argued my case on my behalf to the TN. court of civil appeals about two weeks ago.  I got an email from her this morning apprising me of Neil’s posting.

Wizard of Oz — The American Banking Fight

I just saw an excellent documentary about the American Banking System and the history of American Banking, which I highly recommend.  Many historians believe that the true reason for the Revolutionary War was the control put on the colonies by the English banking system because the Colonial system of creating currency (money) was such a threat to the British banking system.  The Colonial currency that was highly successful and threatening to the British was issued by the colonial governments while in the English Banking system the currency of England was issued by the private banks.  The English private banking system was highly threatened by the colonial governments’ successes in issuing governmental currency and was afraid it would make the colonies so prosperous that other governments would begin to issue their own currencies instead of private banks.  Because of the English private banking system’s financial control over the English government, it forced the English government to eradicate the Continental governmental currencies.  The prosperous colonies went into a severe depression within a year as a result and war ensued shortly thereafter.

Most of us have no clue that the money we have, save the coins in our pocket, are not governmental issue; almost all of the US currency, is the private issue of the banks. (The Federal Reserve is private, not part of the US government). (Look at a dollar bill — it says it is a Federal Reserve Note). Both the government and everyone of us pay interest on the currency issued by the banks.  In contrast, currency issued by a government does not bear interest and the government never is in debt.  If the United States government issued its own currency it would have no debt at all.

This documentary is a story about how the United States lost its ability to print money and gave the ability to issue its currency to the private banks, and in the process, incurred the outrageous debt we now have to the private banks.

Interestingly, the original Wizard of Oz is an allegory about the US’s attempts to regain/retain its ability to issue its own currency and its fight with the banking establishment’s attempt to retain/regain the right to issue the currency.  The yellow brick road symbolizes the road to the gold standard, something private banks favor, because gold is scarce and favored by the wealthy who own and hoard it.  

A gold currency, because of its scarcity, is easy to manipulate, and there is never enough to go around. The documentary uses the original story of the Wizard of OZ to explain the history of the US government’s fight with the private bankers over who will issue the US currency.

As an aside, one of the interviewees in this documentary is Ellen Brown.  I have been to, and blogged on, her excellent website, webofdebt.com, many times and have shared personal emails with her on a number of occasions.  She was the person most instrumental in making me decide to bring my suit to remove the cloud on my title against my mortgage company.  I used a lot of her research to do it and got her ideas and thoughts before I filed.  We keep in touch about the status of my case.

Ellen advocates, as well as does the author of this documentary, Bill Still, (who also did an excellent video years ago called The Money Masters) that the United States take back the right to print its own currency which we ceded over to the banks in the Federal Reserve Act of 1913, a year I call the year of infamy.  In that year we also enacted the amendments to the constitution that allowed for income tax and public voting for senators (before 1913 they were chosen by the legislatures of the states), all of which greatly centralized the federal government and put the grip of the money masters around the throat of America.

And now for the video, titled “The Secret of OZ”:

http://www.youtube.com/watch?v…

Watch it and weep — or maybe be inspired to think that there might be a true vehicle for change.

BP’ s Defectively Designed Riser

I have been a tort lawyer for 32 years, the last 28 of which I represented injured people.  Ironically, my first two years I worked in the Exxon litigation department in Houston during the 1979 Ixtoc spill.  Fortunately, I left Exxon before the Exxon Valdez spill.

Over the years I have handled or been involved in many product liability cases.  To have a product liability case you must show that the product was defectively or dangerously  designed and the best cases are those where cheap alternative designs or parts would have either prevented the accident or greatly reduced its effect.

When I was in college, for several summers, I worked in the water department of a small city and got a real appreciation for how to do plumbing and piping.

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