Abu Hatem أبو حاتم

Dennis Kucinich against the Fed!

Writing by abuhatem on Monday, 29 of September , 2008 at 3:12 am

I just saw Congressman Kucinich on TV just blasting the bailout, unlike the rest of his party (Nancy Pelosi and Barny Frank et. al.).  He is the only principled democrat in Congress.  Happy to find another congressman against the bailout, I went on his website and found that he is opposing the bailout and offering his own “Main Street Recovery Act.”  Now the entire thing is full of typical liberal welfare and socialization programs, but there was one perk:

It is long past the time that we looked at the implications of our debt based monetary system, the privatization of money created by the 1913 Federal Reserve Act, the banks fractional reserve system and our debt-based economic system. Unless we have dramatic reform of monetary policy, the entire economic system will continue to accelerate wealth upwards. I am currently working on drafting legislation for an ‘American Monetary Act’ to address these and other issues in order to protect the economic wellbeing of America.

Ron Paul once said that if he was president he’d chose a democrat Dennis Kucinich as vice president (and his second choice was Chuck Hagel)!  Maybe Congressman Paul is getting to him on this monetary policy stuff.  Dennis is great on foreign policy and civil liberties.

Category: American Politics

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