ADEQUATE MONETARY SYSTEM: The three functions of the Federal Reserve private banking system to lower or raise discount rates, to buy or sell securities on the open market, to lower or raise the reserve requirements for member banks are inadequate for maintaining a balanced money supply at all times. By adding a FOURTH AND A FIFTH FUNCTION to the monetary system, a balanced money supply could be achieved. The fourth function would index the PAYROLL TAX on a scale of 1 to 10 which would bring a better balance. The index could be lowered when more money is desired in the consumers pockets and raised when less is needed. NEW MONEY WOULD BE CREATED TO MAKE UP THE DEFICIT, NOT BORROWED FROM CHINA OR ANYONE ELSE. A fifth function could be added by using Article !, Section 8, of the Constitution to coin money and regulate the value there of, and then by-pass THE FEDERAL RESERVE PRIVATE BANKING INDUSTRY and give the money to the Treasury Department. The Treasury could fund infrastructure work, and give money to the states to help them fund programs. States gave up there right to create money when they joined the United States of America.

The American people needs to know that banks BUY and SELL money like all other businesses do; that when a bank pays 2 percent for money and sell it for 8 percent, the banks make 400 percent gross profit and not 6 percent like they would like for you to think. If a merchant pays two dollars for a candy bar and sells it for eight dollars, the gross profit would be 400 percent just like a bank buying money for two dollars and selling it for eight dollars. The gross profit would be 400 percent. Banks are engaged in Loan sharking! ANY INTEREST RATE OVER FIVE PERCENT IS USURY.

CONGRESS NEEDS TO CREATE NEW MONEY EACH YEAR EQUIVALENT TO THE INCREASE IN THE GREED INDEX WHICH IS CALLED INFLATION. INFLATION IS AN EUPHEMISM FOR THEFT. GREED WITH A PRICE MARKER DEVALUES MONEY. Article 1, Section 8, of the Constitution gives Congress three way to raise money: taxation, borrowing money, and most important coining money and regulating the value. Congress uses a two leg stool when the stool has three legs. ONLY CONGRESS HAS THE CONSTITUTIONAL POWER TO CREATE MONEY, NOT THE FEDERAL RESERVE PRIVATE BANKING SYSTEM.

Article 1 – The Legislative Branch
Section 8 – Powers of Congress ***See to coin money…

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; To borrow money on the credit of the United States;
To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes; To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States.

**** To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; WHY NOT USE THIS LEG OF A THREE LEG STOOL TO SOLVE AMERICA’S ECONOMIC PROBLEMS? WHY USE ONLY TWO LEGS?

Reach Jim Carroll at 865-470-2610 Visit http://www.internetfreepress.com

Without a public option, it will be more of the same price-fixing of insurance by the insurance collective monopolies. Even though insurance companies spend a lot of money advertising on T.V. that their company has the lowest rates (which they all say) if you look at their rate cards, there is not a dimes worth of difference.

In order to bring about competition within the insurance industry, the government needs to pay all claims over $8,000.00 since the average stay in a hospital is only about $8,000.00. Not having to worry about large claims – even small companies, churches, and any kind of organization with members could self-insure. This would definitely give the insurance companies competition which they do not have and will never allow.

• WHAT IS A COLLECTIVE MONOPOLY?
A COLLECTIVE MONOPOLY IS ONE OF FEWER THAN TEN CORPORATIONS WHICH CONTROL MORE THAN 90 % OF A COMMODITY OR SERVICE. EXXON MOBIL, WALMART SUPERMARKETS, AND BANK OF AMERICA ARE GOOD EXAMPLES: BIG OIL, BIG FOOD AND BIG BANK.

HEALTH CARE SYSTEM: Since the average health care claims run under $8,000.00, the Federal Government could pay all claims over $8,000.00 for only 16 billion dollars per 1 trillion dollars of total health care cost. Without having to worry about claims for over $8,000.00, small businesses and small organizations could self-insure which would put real competition in the insurance industry where none now exist. THIS WILL LEAD TO A SINGLE PAY UNIVERSAL HEALTH CARE SYSTEM. Obama Care is a giant step toward Universal Health Care. Paying all claims over $8,000.00 is the next step. Public enterprise has as much right to exist as does private enterprise. All the Government wants and needs to do is provide the money to pay for health care. The Government doesn’t want to own doctors or hospitals. It just wants to make sure doctors and hospitals get paid. The last thing that Government wants or needs to do is take over doctors and hospitals. A poor argument made by those who oppose Universal Health Care.

REACH JIM CARROLL 865-470-2610 Visit http://www.internetfreepress.com

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Are General Sessions Courts just rubber stamps for collection agents, land lords, and unscrupulous business people? Have you ever been to a general session’s court and seen how they operate? Do the lawyers stand in line and wait their turn with their binders full of detainer warrants waiting for the judge to rubber stamp their claim? Do these lawyers remind you of little kids waiting to sit on Santa Clause’s lap at Christmas time waiting on an uncontested gift from the judge? Do these lawyers stand around with their Bluetooths around their necks and playing with their ipads and fantasizing about being a “Perry Mason” or a “Johnny Cochran?” Why do these judges let the lawyers go first while making the other people wait until the lawyers have been given their Christmas presents? Is that fair? Isn’t it illegal for a judge to grant wholesale judgments without any proof? Do these lawyers seem to have no shame, because they get paid whether they win or lose? Why does the court not accommodate people with handicaps? In the day of modern technology, wouldn’t it be simple to accommodate people with a hearing problem? Isn’t a person supposed to hear or be able to read the charges or claims against him and be able to face his accuser? Why shouldn’t the bottom end of the court system (the general session’s court) be the proper place to start if one wanted to reform the judicial system? Where do you take your grievance when you have been wronged by an honorable judge? Where did judges obtain the title of “honorable judge?” Is it a throwback from the middle ages, when the allodial system of property was in effect? Do all the lawyers and judges of General Session’s Court sleep in the same bed, drink out of the same water bucket with the same dipper, and urinate and crap in the same out-house; except that the judge has his own private toilet? Why are all of these lawyers so thin-skinned? Why shouldn’t attorney/client privilege mean that the attorney not be allowed to discuss a case, even with another lawyer without the client being present; in order to avoid lawyers from making deals that benefit them instead of their clients?

THE AMERICAN DREAM OF THE VAST MAJORITY OF AMERICANS IS NOT TO BE A MILLIONAIRE, BUT TO HAVE THE 30 ESSENTIALS FOR LIVING

THE THIRTY ESSENTIALS FOR LIVING: Roof Over Their Head, Clothes On Their Back, Food On The Table, Automobile, Education, Health Care, Alarm Clock, Lights On, Water Running, Toilet Flushing, Air Condition, Stove, Refrigerator, Dish Washer, Washing Machine, Clothes Dryer, Microwave, Coffee Pot, Bath Tub, Shower, Furniture, Linens And Things, TV Set, Computer, House Phone, Cell Phone, Vacuum Cleaner, Vacation, Toilet Paper and A Job Or Income That Will Provide These 30 Things. All of these are possible now. Why wait?

The only thing blocking the door to the American dream is the Republican Party; that dream could be now. This plan is the objective of every good liberal.

Article 1, section 8, of the constitution has the answer to all of America’s economic problems; killing the cause is the answer to terrorism.

Congress needs to create money and by-pass the Federal Reserve, and give the money directly to the treasury department to fund the infrastructure and give money directly to the states.

When a super-majority of congress believes that the Federal Reserve is owned by the federal government, and not a private banking system, it is easy to understand why we have economic problems.

To win the war on terrorism, we need to go after terrorism with a double bladed axe. We need to use one blade to kill the terrorists and destroy their infrastructure; with the other blade, we need to go after the cause. We need to put equal weight behind each blade.

Reach Jim Carroll at 865-470-2610 Visit http://www.internetfreepress.com

Bankers buy and sell money just like a super market buys and sells candy. If a banker pays 1% for money (that’s $1.00 per $100.00), and sells it for 18% (that’s $18.00 per $100.00.) That is a gross profit of 1800%. It’s like a super market buying candy for $1.00 a bar and selling it for $18.00 a bar.

Bankers are paying as low as ¼ of 1% interest for money, and selling it for 18% or more. In this case, paying a ¼ of 1% and selling it for 18% would yield a gross profit of 7200%. It is like a super market paying $0.25 for a bar of candy and selling it for $72.00.

If a mortgage company pays ¼ of 1% for money and lends it out at 3% to finance a house, which is still a gross profit of 1,200%. YOU SHOULD NEVER FEEL SORRY FOR BANKERS OR LOAN SHARKS!

If you don’t remember your 6th grade arithmetic, gross profit is equal to selling price divided by cost and multiplied by 100.
The greatest injustice and immoral thing perpetrated on people is interest rates, except our government elected officials allowing financial institutions to get away with these injustices.

Article 1, Section 8, of the Constitution has the answer to all of America’s economic problems; killing the cause is the answer to terrorism.
Congress needs to create money and by-pass the Federal Reserve, and give the money directly to the treasury department to fund the infrastructure and give money directly to the states.

When a super-majority of congress believes that the Federal Reserve is owned by the Federal Government, and not a private banking system, it is easy to understand why we have economic problems.

To win the war with terrorism, we need to go after terrorism with a double bladed axe. We need to use one blade to kill the terrorist and destroy their infrastructure; with the other blade, we need to go after the cause. We need to put equal weight behind each blade.

REACH JIM CARROLL AT 865-470-2610
Visit http://www.internetfreepress.com