Dear Friends of the American Monetary Institute,
IMPORTANT NEWS:
The British Parliament on Thursday, November 20th 2014, held an historic debate on the nature of Money and how it is created!
Had you been signed up on our red arrows box at our home page (http://www.monetary.org), you could have watched this live, because we put out a notice to our free "red arrows" subscribers some days in advance almost a week ago. But now you can still watch it on the Brit Parliaments archive at:
http://www.parliamentlive.tv/Main/Player.aspx?meetingId=16421&player=smooth&st=11:18:10
I highly recommend that you do this soon in a relaxed atmosphere. The debate lasts a couple of hours and contains some really key concepts on the nature of money and how it should be issued.
Its also a really good lesson in how politics can be a polite and serious exchange of ideas, not at all the kind of crap we Americans are subjected to. That in itself is an important lesson. They refer to each other - across the hall to the opposing side as "honorable gentlemen," and they really mean it, AND it really turns out to be true!
Please do take a look. Particularly at the comments by MP Meecher; and MP Austen Mitchell, who was responsible for having me give an address at the Brit House of Lords in 2004. My talk lasted 2 hours (they have a much longer attention span over there than we do) and it is posted in its entirety at our homepage at http://www.monetary.org It's really pretty good!
Here then is the rest of the message I sent out with that alert, a week ago:
(if you are on our "red arrows" list please pardon the duplication)
A CHANCE TO MEET PAUL VOLCKER
I made a special effort to get into NY City last night, Nov 17 (braved some lake effect snow driving from Chicago) because Paul Volcker, former chairman of the Federal Reserve System was due for a public discussion at the Cervantes Institute, and I thought I could ask a question. In fact here is the question that I was able to ask:
Dr. Volcker
I’m Stephen Zarlenga, Director of the American Monetary Institute. First: Sincere Thanks for all of your work rescuing our Banking and monetary system!
My question is this: In light of the terrible damage done to our nation and the World by the major banks;
Is it time to enact real monetary reforms as proposed in
The International Monetary Fund’s recent Working Paper, The Chicago Plan Revisited;
Which had already been modernized and actually introduced as legislation in the last Congress by Dennis Kucinich as the NEED Act?
These reforms are indicated by centuries of experience.
The British Parliament examines them in 3 days on November 20th.
Isn’t it time for America to discuss and enact these reforms?
Thank you.
Friends, my impression or perhaps its more just a hope, is that Dr.Volcker is someone who might be reachable, for real reform. We'll see. The first thing we'd need is a good sit down session with him, this public forum was not really a suitable way. Of course we will move forward toward reform with or without the help of such key figures from the world of banking; though we are always open to such meetings, with people of good will.
Someone asked WHY I thought Dr. Volcker could be "reachable?"
Its simple - the bankers have destroyed something very dear to Dr. Volckers heart - banking!
He can be brutally tough, as when he raised interest rates to 20%+ in the 1970s to break the inflationary psychology. Will he realize its time (past time!) to get "brutal" with these creatures of destruction before they "succeed " in bringing down our civilization?
Do tune in the Brit Parliaments sessions on how money is created! AND do sign up at our "red arrows" box to receive these notices much faster, and more complete!
Sincerely yours,
Stephen Zarlenga
Director,
American Monetary Institute
P.S. The Complete videos of the 2014 AMI Monetary Reform Conference are available on a 500 Gig external hard drive, at $185 each. The conference takes up 100 Gigs leaving you an extra 400 gigs of memory to use as you please. Please see the speakers and order forms at http://www.monetary.org/2014schedule.html
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