"I sat down, and they said on the back of your Social Security card, there’s a number. That number indicates the bank that bought you when you were born based on a projection of your life’s earnings, and you are collateral. We are all collateral for the banks. I have this look like, ‘What the heck are you talking about?’ I’m trying to hide that look and look clueless. I figured clueless was better than argumentative. So they said, ‘You don’t know this?! You are a member of Congress, and you don’t know this?!’ And I said, ‘Please forgive me. I’m just ignorant of these things.’ And then of course, it turned into something about the Federal Reserve and the Bilderbergers and all that stuff. And now you have the feeling of anti-Semitism here coming in, mixing in. Wow."Defeated Republican Congressman Bob Inglis talking about his meeting with teatards.
How can banks own you and it be socialism at the same time?
The Tea Party is playing both sides of the fear card. The Government owns all the banks, which means the People own the banks. But at the same time, the banks owned by the People, own all the people. All the people are owned by the people. Tea Bagger logic at its best.
There have always been crazies on the Right, now they are getting legit facetime with the media. I think our fascination with reality TV and seeing how mentally soft contestants prance about has warped our politics. Jerry Springer has come home to roost.
1 comment:
Hello,
I found this post when I entered "teatard" in the search bar.
I share your contempt for the teaparty types, but in this instance I think your criticism is off in regard to the banks and Government.
The Government does not own the banks. The Treasury was 'privatized' in 1913 by the Federal Reserve Act.The 'FED' is owned by it's member bank's private stockholders.It then charges us interest for the money created,in which then, I believe it is guaranteed a 6% return after profits are allegedly returned to Treasury.This is unecessary support for bankers who have produced nothing for that 6% ! Not to mention the fact they they operate behind closed doors and control the flow of credit for the benefit of their corporate cronies. They are parasites;not the financially poor folks that the righties like to blame everything on! Credit creation belongs in the hands of the people for the common good.
The Government (ideally constituted by We The People) should own the Central Bank.As well, banking should be a public utility at the community level or be State Chartered such as North Dakota. This would bypass Wall Street and serve Main Street.
The only Socialsim we have is for the rich ! Too bad that the teatards can't see that they are 'useful idiots' that carry water for the corporate (fascist) system that is contrary to their own self interests. But then again these people do not think,they regurgitate what ever demagoguery that Glen,Rush and Hannity spout.
Please see here:
http://publicbanking.wordpress.com/
Jeff
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