Nationalize American Banks Now

Christopher Whalen, a managing partner
at Institutional Risk Analytics,
said the current approach covers up the underlying reality
that the government is already essentially
the majority shareholder in Citigroup.

"There's nobody else out there to invest in them,"
Whalen said. "We already own them."

American banks have failed to fulfill their primary function, namely to keep the money supply and credit of this Nation and the world flowing.

Having failed that most basic of functions, has brought this country and many foreign markets to their knees. This is wrong on many levels and cannot be tolerated for much longer.

Sweden's solution was to Nationalize their banks. I purpose that America does the same. The general idea is, lead, follow, or get out of the way. When a system ceases to function you need do one of several things, ignore it, repair it, or replace it. I say replace it. Take the monetary system out of the hands of a arrogant, greedy, selfish, irresponsible few and put it in the hands of the stake holders, the American people.

Some would say that is socialism, I say that capital is capital no matter the source and further that when private capital is used, the entity that supplies the most capital controls the vote through its controlling interest expressed in shares.

The banking system has come hat in hand to the American people and have said no matter how much capital you invest, you do not have a say and are not entitled to even know how we use the capital you have supplied. That is totally unacceptable. They should not be rewarded for failure. They should be fired without compensation.

I am beyond sick of the John Thain's that control this Nations economy for their own hubris and greed without regard for the public welfare. It is truly a time for change.

Americans deserve a share proportional to their investment. That is the very heart of capitalism. And the only way to insure that is to Nationalize the banks.

The fact is, "we the people," already own them, we just aren't entitled to anything if they succeed and lose everything if they fail.

"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." —Thomas Jefferson—

The Tyranny Of The Majority

The founders set the course of this Nation and it has wondered through its brief history with the steadiness of a drunken sailor. Lurching from the abomination of slavery to the bloody conflagration of the Civil War that ended it. From the shameful cloud of cruel genocide of the American Indians, from which it never emerged, to an uneasy détente to the belated an begrudged liberation of its women. From the tyranny of the Jim Crowe laws a legacy of the Civil War to the Civil rights Act of the 1960's.

Now once again a minority languishes in the grip of America's odious history of suppression. According to the self righteous right, Gays are less equal under law than other American's. So once again those without the slightest understanding of the founders intent, who wrap themselves in the flag and use it to deny the rights of others, let me say to you; NO. No you will not turn my country into an authoritarian theocracy. No you will not prevail, as long as there is one person that understands the true meaning of the Constitution we will fight you to the death. I am a real American patriot who loves my Country and will give my life to protect not only my rights but, the rights of every American. We are NOT A DOMA NATION. DOMA WILL NOT STAND. PROP 8 WILL NOT STAND.

Because, the Constitution of the United States is the Supreme Law of the country no State can pass a law that supersedes the Constitution, period. We fought a Civil War to establish that very point. Any law that violates an individual right is null even if the State or States in question passes a law that is direct violation of the Constitution. The word "marriage" is a semantic devised to deprive individual rights just like the Separate But Equal laws (Jim Crowe) that were passed after the Civil War to continue to deny the rights of blacks in the South. We settled that issue in the sixties and passed the Civil Rights Act that did away with those "laws." If the law or a law deprives anyone of an Unalienable Right it's a bad law and it will be challenged eventually and it will be struck down. Like it or not.

My question to you is, What do you gain when you deny someone else a right you claim for yourself? Certainly you must realize that in America everyone is equal under the law and that is the true American ideal. Freedom and equality under law. Without that America is just another rudderless ship-of-state adrift in the world and nothing very special. That was and is the true ideal that the founders shed their blood for; not some Rambo right wing fictionalized machismo bullshit.

By the way, originally "marriage" was a a contract that conveyed the woman in the union to the man as his property, she was his chattel, there was nothing "holy" about it, it was usually arranged to strengthen political alliances or to consolidate wealth. The woman had little or no say in the affair, it was strictly a business deal and frankly it has meant different things to different people, especially women, throughout history and the word "marriage", is no excuse to deny anyone's rights.

Would you really deny someone else the ability to make a legal contract that binds their life to someone they love? I understand that you may feel squeamish about the subject based on your personal beliefs, but how can you in good conscience be so petty as to strip another's rights to protect your personal idea of right and wrong.

That's why the founders wrote the Constitution so that we are not subject to the whims of others. This is not a debate that can be won it is a moot point, Prop 8 is unconstitutional. Its right wing sophistry to argue otherwise.