TPP, TTIP, TiSA Target World’s Public Banking Potential.

by Jerry Alatalo

“Because I enjoyed it. I loved it. I was more alive when I was inside a bank robbing it than at any other time in my life.”

– WILLIE SUTTON, JR. (1901-1980) Bank robber

 WILLIE SUTTON Bank Robber (photo: pics8imagezone.org)
WILLIE SUTTON
Bank Robber
(photo: pics8imagezone.org)

Alphabet Bank robber Willie Sutton Jr. is inaccurately remembered as saying in response to the question why he robbed banks: “Because that’s where the money is”. Even though he never said those words one can assume he thought them, however it seems his main motive was the thrill and “action” that he became addicted to. Mr. Sutton’s reasons stand in sharp contrast to Goldman-Sachs CEO Lloyd Blankfein who infamously told a Congressional committee: “I’m doing God’s work”. Then again, perhaps Mr. Sutton and Mr. Blankfein’s motives are similar when it comes to their respective associations with banks.

The Trans-Pacific Partnership (TPP), Trans-Atlantic Trade and Investment Partnership (TTIP) and now newly-revealed Trade in Service Agreement (TiSA) are the largest trade deals in history, but an acquaintance in America – after asking him his opinion on TPP – responded he had never heard of it. Could the biggest reason the super-secret trade deals (many Americans have no awareness of them – corporate media has not reported on them) became conceptualized and drafted in secret over a period of years have been to shut down existing, and prevent multi-nation establishment of, public banks?

Provisions/legalese in the TiSA published by Wikileaks – which has sadly and ironically become the prime source of TPP/TTIP/TiSA information for elected representatives and citizens around the world – point to a major push at privatization of all public services in signatory nations, so one can logically assert this includes public banks. Because public banking makes obvious sense, and, because public banks would take many billions of dollars out of Wall Street “too-big-to-fail or jail” megabank accounts, it becomes difficult to discount public banking as possibly the main impetus for the trade deals.

A few months ago this writer, after around eight redials, got through on “Brunch With Bernie” – a long-running weekly (Fridays) call-in show on Free Speech TV – hosted by Thom Hartmann and featuring now presidential candidate Vermont Senator Bernie Sanders.  The topics posed for Mr. Sanders’ consideration and opinion were (1) the decades-old, global, trillion-dollar per year tax haven/evasion industry, and (2) nationalization of the Federal Reserve. Both issues have become the subject of extensive reporting on alternative/internet media for years, however the mainstream/corporate media rarely, if ever, covers them. Both topics are common knowledge to men and women who go on the internet for their news of world events.

Senator Sanders responded to question/topic (1), global tax evasion, but did not say one word in response to topic (2): nationalization of the Federal Reserve. Without being able to read another person’s mind, it is impossible to tell whether Mr. Sanders non-response was intentional or not; he may have become so excited about speaking to an issue he’s concerned about – global tax evasion – that question (2) fell away from his consciousness. Nationalization of the Federal Reserve, if it were ever to come about, would be a world-changing event, of which certainly United States politicians share an awareness. But talking about the subject seems clearly something that is – for Washington elected representatives – “taboo”.

It’s possible that Mr. Sanders non-response on nationalizing the Federal Reserve is intimately related to his desire to remain in the status of alive. In the 1830’s the 7th U.S. President Andrew Jackson reportedly survived an assassination attempt after waging a massive, lengthy fight with Wall Street bankers for control of the nation’s money supply. Jackson won the battle, and America’s money became created by a national public central bank instead of powerful private banking interests. Andrew Jackson said the following in his 1837 Farewell Address:

“The mischief springs from the power the moneyed interest derives from a paper currency they are able to control, from the multitude of corporations with exclusive privileges which they have succeeded in obtaining… and unless you become more watchful in your states and check this spirit of monopoly and thirst for exclusive privileges you will in the end find that the most important powers of government have been given or bartered away, and the control of your dearest interests have been passed into the hands of these corporations.”

The only state-owned public bank in America is the Bank of North Dakota, established in 1919 in response to Wall Street bankers’ buying up large numbers of foreclosed midwest farms. Many American states are now seriously considering the North Dakota model. In the following talk by former Goldman-Sachs executive in charge of derivatives trading Nomi Prins, she notes that “Wall Street’s main fear (of public banking) is losing control” and that “…even tiny chinking away at their power , it really annoys them, so they see control and power lost”.

At this point, the connection between public banking’s beneficial superiority for governments of all sizes – from city to county to state and national – and TPP/TTIP/TiSA provisions that effectively block increased presence of public banks comes more clearly into view. Many will remember signs held by men and women during the Occupy movement reading “End the Fed”. TPP/TTIP/TiSA could be compared to the Monsanto toxic product Roundup/glyphosate used for killing all plant life but for the Roundup-ready crops, making it unnecessary to devote huge labor costs on weed removal. The three massive trade deals destroy the growth of public banks (weeds) before they grow stronger, spread and become thus more difficult to manage, while leaving the status-quo, Wall Street banks (Roundup-ready crops) the only remaining financial “life-form” in the trade zones (farms).

Suggesting that absolute destruction of public banking’s real, beneficial potential is the top-tier concern of those who own the world’s largest megabanks and central banks is not meant to discount  other segments of public services targeted for privatization: Postal services, electricity generation, telephone, internet infrastructures etc., water/wastewater facilities/plants, waste disposal, schools and colleges, healthcare and health facilities, public employee pension funds, and so on. The assertion here is that public banking ranks as a “tier-one” concern for the forces behind creation of TPP/TTIP/TiSA, while the remaining public services and institutions – albeit very important ones – are for the creators of these trade deals “tier-two” concerns.

Public banks, of all current public/government services, would more negatively, directly affect the élite .01% who’ve been on the receiving end of world record wealth inequality by decreasing their power and control. In their perspective public banking – if not stopped, but instead “snowballs” from local, state, regional, then nationalization of the Federal Reserve and private central banks globally – means the possible loss of every government/public account from their mega-bank corporations to public-owned financial institutions.

In a very real sense, the creators of the Trans-Pacific Partnership, Trans-Atlantic Trade and Investment Partnership, and Trade in Service Agreement are attempting to prevent a positive, inequality-diminishing global condition equal to “the meek inheriting the Earth”.

In the following videos former Wall Street insider executive and author of “All the President’s Bankers” Nomi Prins talks about public banking, while Co-director of PopularResistance.org/attorney Kevin Zeese gives an excellent description of TPP/TTIP/TiSA. Ms. Prins’ talk is from January 2015 at a public banking conference in Colorado, while Mr. Zeese’ interview is from a few days ago.

Their combined message provides a valuable, clear perspective on major global events occurring in 2015.

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(Thank you to argusfest at YouTube)

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(Thank you to TheRealNews at YouTube)

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Canada Public Bank Reformer: Private Bank Execs Asked Me ‘Where Are You Going With This?’

by Jerry Alatalo

FedOn the topic of public banking, found an excellent talk posted by the Canadian group COMER (Committee on Monetary and Economic Reform) on their new YouTube channel. COMER members initiated the legal challenge to the Bank of Canada which has a chance to prevail and transform Canada’s monetary system.

Visit www.comer.org for a wealth of articles on monetary reform, and more information on what could become a world-changing event in international finance.

During a conference organized by COMER in January 2015, one of the speakers was a City of Toronto council member and public bank advocate Ms. Kristyn Wong-Tam. Her experience began when her and other members of the Toronto City Council participated in a survey answering the question “What can be done about Toronto’s financial crisis?” Ms. Wong-Tam describes how – after she suggested a public bank for Toronto – she became engaged in a discussion with one of a local newspaper’s reporters and eventually wrote a 1,200-word essay, which was then published.

The article raised a few eyebrows according to Ms. Wong-Tam, and illustrated both lack of citizens’ awareness of the benefits of public banking along with the need for education. She described first meetings with finance managers for the City of Toronto to talk about establishing a public bank, and their – coming from either non-awareness of the concept or stubborn unwillingness to change – telling her “we don’t need a public bank… we can already borrow at competitive rates… but is this even legal?”

She told the audience that people need to begin strongly advocating for public banking by spreading the word, commenting on national on-line websites, and explaining the good financial management aspects to friends and relatives in their areas. In her estimate, the ongoing COMER challenge in the courts to the Bank of Canada and establishing public banks across the country are part of a very important issue – possibly the most important issue – for Canadians.

Interestingly, Ms. Wong-Tam shared with the audience that after publication of her op-ed article she began making a good number of contacts with people requesting to talk with her – including investment bankers operating off-shore, professors of law and economics, among others who told her, “you’re on the right track… keep going”. In sharp contrast, she talks about private bank executives from some of the largest financial institutions trying to find out “where are you going with this?” and “how far are you going?” Giving evidence of how much resistance from the private banking sector will come forth for serious public bank advocates, she describes the answers she gave while acting “uninformed” about the finance concept: “Oh, I don’t know. I’m just asking a question. I really don’t know the answer, maybe you can help me out”.

She then gives encouragement to members of COMER for their legal case against the Bank of Canada and advocates for public banking in the room by reinforcing her experience, telling the audience: “you’re on the right track”.

Finally, Ms. Wong-Tam shares her experience related to Canada’s postal service and an 800-page study on ways to sustain the national organization by diversification of revenue, in particular establishing postal banking. She said she experienced astonishment to find 701 pages of the 800-page completed report had become redacted, leading her to ask “what are you hiding?” She suggested redaction of 88% of the government report was close to or actually an act of treason, similar to poisoning a public water supply.

She again stressed in closing remarks her belief that educating the public on public finance reform is an important task, and that citizens of Canada must become “involved in this crucial issue”.

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(Thank you to Committee on Monetary and Economic Reform (COMER) at YouTube)

Rothschild World.

Posted April 20, 2014

by Jerry Alatalo

ocean55

Cursed he be above all others

Who’s enslaved by the love of money.

Money takes the place of brothers,

Money takes the place of parents,

Money brings us war and slaughter.

– Anacreon (568-478 B.C.) Greek lyric poet

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“No more deadly curse has ever been given by nature to man than carnal pleasure. There is no criminal prupose and no evil deed which the lust for pleasure will not drive man to undertake.”

– Archytas of Tarentum (400-350 B.C.) Pythagorean mathematician, philosopher

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“The ways to enrich are many, and most of them foul.”

“Above all things, good policy is to be used that the treasure and monies in a state be not gathered into few hands… And money is like muck, not good except it be spread.”

– Francis Bacon (1521-1626) English essayist, philosopher

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“The three most important things a man has are, briefly, his private parts, his money, and his religious opinions.”

– Samuel Butler (1835-1902) English writer

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“They say that knowledge is power. I used to think so, but now I know that they mean money.”

– Lord Byron (1788-1824) English poet

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“A power has risen up in the government greater than the people themselves, consisting of many, and various, and powerful interests, combining into one mass, and held together by the cohesive power of the vast surplus in the banks.”

– John C. Calhoun (1782-1850) American statesman

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“Aristocracy of Feudal Parchment has passed away with a mighty rushing; and now, by a natural course, we arrive at the Aristocracy of the Moneybag… the basest yet known.”

– Thomas Carlyle (1795-1881) Scottish historian, sociological writer

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“All things obeyen to moneye.”

– Geoffrey Chaucer (1340-1400) The Father of English Poetry

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“He is bound by his vast wealth… his money owns him rather than he owns it.”

– St. Cyprian (200-beheaded 258) Bishop of Carthage

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“Love of money is the mother of all evils.”

– Diogenes “the Cynic” (400-325 B.C.) Greek philosopher

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“All things obey money.”

– Desiderius Erasmus (1465-1536) Dutch scholar, theologian

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“The pleasures of the rich are bought with the tears of the poor.”

– Thomas Fuller (1654-1734) English cleric

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“People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.”

“Wealth is the relentless enemy of understanding.”

– John Kenneth Galbraith (1908-    ) Canadian-born American economist

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“In the long run of history, the censor and the inquisitor have always lost. The only sure weapon against bad ideas is better ideas. The source of better ideas is wisdom. The surest path to wisdom is a liberal education.”

– Alfred Whitney Griswold (1904-    ) Dean, Harvard Medical School

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“The mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges which they have succeeded in obtaining… and unless you become more watchful in your States and check this spirit of monopoly and thirst for exclusive privileges you will in the end find that the most important powers of Government have been given or bartered away, and the control of your dearest interests have been passed into the hands of these corporations.”

– Andrew Jackson (1768-1845) 7th President of the United States  Farewell Address, March 4, 1837

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“The love of money grows as the money itself grows.”

– Juvenal (60-140 A.D.) Roman rhetorician, satirical poet

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“Men have always looked before and after, and rebelled against the existing order. But for their divine discontent men would not have been men, and there would have been no progress in human affairs.”

– Kabir (1400-1499) Hindu philosopher, reformer

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“Freedom of the press, freedoms of association, the inviolability of domicile, and all the rest of the rights of man are respected so long as no one tries to use them against the privileged class. On the day they are launched against the privileged they are thrown overboard.”

– Prince Peter Kropotkin (1842-1921) Russian geographer, philosophical Anarchist

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“Character is money; and according as a man earns or spends the money, money in turn becomes character. As money is the most evident power in the world’s uses, so the use that he makes of money is often all that the world knows about a man.”

– Edward George Bulwer-Lytton (1803-1873) British literary patron, writer

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“Although fraud in all other actions be odious, yet in matters of war it is laudable and glorious, and he who overcomes his enemies by stratagem is as much to be praised as he who overcomes them by force.”

“For the great majority of mankind are satisfied with appearances, as though they were realities and are often more influenced by the things that seem than be those that are.”

“How perilous it is to free a people who prefer slavery.”

“You do not know the unfathomable cowardice of humanity… servile in the face of force, pitiless in the face of weakness, implacable before blunders, indulgent before crimes… and patient to the point of martyrdom before all the violence of bold despotism.”

– Niccolo Machiavelli (1469-1527) Italian statesman

(“I affirm that the doctrine of Machiavelli is more alive today than it was four hundred years ago.” – Mussolini, 1924)

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“Money, it has been said, is the cause of good things to a good man and of evil things to a bad man.”

– Philo (20 B.C.-45 A.D.) Alexandrian Jewish philosopher

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“By equality, we should understand, not that the degrees of power and riches are to be absolutely identical for everybody; but that power shall never be so strong as to be capable of violence and shall always be exercised by virtue of rank and law; and that, in respect to riches, no citizen shall ever be wealthy enough to buy another, and none poor enough to be forced to sell himself.”

– Jean Jacques Rousseau (1712-1778) Swiss-born French philosopher

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“The Liars” (1919)

A liar lies to the nations.

A liar lies to the people.

A liar takes the blood of the people

And drinks this blood with a laugh and a lie.

– Carl Sandburg (1878-1967) American poet

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“Don Juan: Beauty, purity, respectability, religion, morality, art, patriotism, bravery and the rest are nothing but words which I or anyone else can turn inside out like a glove… They are mere words, useful for duping barbarians into adopting civilization, or the civilized poor into submitting to be robbed and enslaved. This is the family secret of the governing caste.”

– George Bernard Shaw (1856-1950) Irish dramatist

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“Are you not ashamed of heaping up in the greatest amount of money and honor and reputation, and caring so little about wisdom and truth and the greatest improvement of the soul, which you never regard or heed at all?”

“… I was really too honest a man to be a politician and live.”

– Socrates (470-399 B.C.) Greek stonemason, general, philosopher

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Of all the foul growths current in the world,

The worst is money. Money drives men from home,

Plunders proud cities, and perverts honest minds

to shameful practice, godlessness and crime.

– Sophocles (496-406 B.C.) Greek tragic poet

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“As one makes war with the blood of others, so one makes a fortune with the money of others.”

– Andre Suares (1868-1948) French writer

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“How unjust it is, that they who have but little should be always adding something to the wealth of the rich.”

– Terence (190-159 B.C.) Latin playwright

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“Money is a new form of slavery, and distinguished from the old simply by the fact that it is impersonal, that there is no human relation between master and slave.”

– Leo Tolstoy (1828-1910) Russian writer

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“In general, the art of government consists in taking as much money as possible from one class of citizens and to give it to the other.”

– Voltaire (1694-1778) French philosopher

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“The great monopoly in this country is the money monopoly. So long as it exists, our old variety of freedom and individual energy of development are out of the question.”

“Why, my fellow Americans, is there any man here or any woman – let me say, is there any child here – who does not know that the seed of war in the modern world is commercial and industrial rivalry?”

– Woodrow Wilson (1856-1924) 28th President of the United States

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“Lords devour poor men’s goods in gluttony and waste and pride, and they perish for mischief and thirst and cold, and their children also… And so in a manner they eat and drink poor men’s flesh and blood.”

– John Wycliffe (1320-1384) English reformer

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“The bourgeoisie, wielding power, would relinquish naught of the sovereignty which it has conquered, wholly stolen; while the people, the eternal dupe, silent so long, clenched its fists and growled, claiming its legitimate share.”

– Emile Zola (1840-1902) French novelist

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(Thank you to Langelot SNIF at YouTube)

Solar, Wind, Renewable Energies Offer Great Hope For Humanity.

English: Renewable energy sources at Chattleho...
English: Renewable energy sources at Chattlehope Many isolated homesteads in Northumberland and southern Scotland have wind turbines to supplement their electricity supply. This outhouse at Chattlehope (Catcleugh Reservoir can be seen in the background) also sports solar panels. (Photo credit: Wikipedia)

Posted November 12, 2013

by Jerry Alatalo

Natural resource wars would be a thing of the past, only experienced by future generations through reading about them in history books.

Just this one result of a worldwide shift to solar and other renewable energy sources, along with energy efficiency measures, is enough to convince even the most stubborn “doubting Thomas” that such a shift is a very, very wise choice for the people of the Earth. All that would be needed for such a shift to occur is for the peoples and nations of the world to agree.

Chernobyl, Three Mile Island, Philippines typhoon, Fukushima, Gulf of Mexico, Iraq War, Libya, Afghanistan, Middle East, Arab Spring, Occupy, austerity, trillion-dollar defense budgets, are all associated with mankind’s failure to rise with one voice and push for renewable energy options which are available now.

Renewable energies offer humanity nothing less than free energy. This is a very strong assertion, I realize. However, when the initial investment of a renewable energy installation is paid back, the subsequent energy produced is literally free. Unless some government representatives, or powerful traditional energy companies, finds the way to legislate and create laws to block that possibility.

Can we imagine how beneficial such an energy shift around the planet would truly be? Besides eliminating energy resource wars, spending by governments on those wars, the destructiveness of wars – including the deaths of millions of men, women, and children in recent history – people around the world would be able to live their lives “off-the-grid”. No longer faced with electric bills.

Now, I can see where men and women reading this will be asking the question, “What about the owners of gas, oil, nuclear, coal and other traditional energy-producing corporations? What about their loss of profits?”

Hermann Scheer, a man who was very instrumental in Germany’s energy shift, called solar energy “the energy of the people” and that “a rapid energy shift is possible”. 

Hermann Scheer passed away in 2010, leaving a great legacy.

I was looking for recent information on public banking when I came upon the following short presentation by Steve Seuser, given at the Public Banking Institute’s June 2013 conference. Mr. Seuser shares a concise description of Germany’s successful effort to transform that country’s energy sector, thanks to a huge amount of grassroots efforts which occurred before that transformation.

He describes the reasons for the shift in Germany as, among others, a large-scale transformation of Germany’s energy sector, consisting of mainly small-scale renewable energy installations by homeowners, farmers, small business owners, apartment building owners, and others. Mr. Seuser points out that there was broad consensus among the German people who strongly supported this shift, which began shortly after laws became passed in the year 2000.

Other motivations cited were efforts to reduce climate change, reduce energy dependence on imports, German-oriented energy production, to stimulate technology development and innovation, and to reduce or eliminate nuclear energy risks. Other motives revolved around building local economies and creating social justice by allowing the German people to reduce their energy costs – with more money staying in the pockets of the people.

Mr. Seuser shares the importance of feed-in tariffs, which are the main, essential part of the law, guaranteeing a return on investment, and written in the law to last for twenty years. He goes on to point out that both Germany’s public and private banks became eager to get on board with the initiative. At one point, Mr. Seuser points out, the situation in Germany saw typical situations where property owners would first decide to install solar panels, and within five days the installation would be on their roof(s) and working.

He then mentions that all partners are financially rewarded except big utilities.

I recently read an article where Barack Obama was going to send 7 billion dollars of taxpayer money to the people of Africa for nuclear power development. In that article I did not notice any mention of renewable energy development, as opposed to nuclear. Perhaps investing 7 billion dollars of American taxpayer money in renewable energies for Africa would be a wiser choice?

President Obama is making the effort to “help the African people to develop their economy”. One must ask if companies like General Electric (in the same league as big utilities who were not rewarded financially in Germany) are the focus of development, and not the economy of the African people.

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At any rate, this presentation by Steve Seuser is concise and to the point. For more information about the tremendous benefits of a rapid shift toward renewable energy, please visit the following websites:

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If the information in the following video makes sense to you, please distribute as widely as possible. Help to hasten the day when solar, wind, biogas, geothermal and other renewable energies are known by all Americans and all of humanity. Hasten the day when solar panels will be on the rooftops of homes, businesses, and apartment buildings across America.

And around the Earth.

 

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