Duration : 0:4:24

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AYES 205
NOES 228

http://clerk.house.gov/evs/2008/roll674.xml

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TRANSCRIPT:

Madam Speaker, I rise in strong opposition to this bill. This is only going to make the problem that much worse. The problem came about because we spent too much; we borrowed too much, and we printed too much money; we inflated too much, and we overregulated. This is all that this bill is about is more of the same.

So you can’t solve the problem. We are looking at a symptom. We are looking at the collapsing of a market that was unstable. It was unstable because of the way it came about. It came about because of a monopoly control of money and credit by the Federal Reserve System, and that is a natural consequence of what happens when a Federal Reserve System creates too much credit.

Now, there have been a fair number of free market economists around who have predicted this would happen. Yet do we look to them for advice? No. We totally exclude them. We don’t listen to them. We don’t look at them. We look to the people who created the problem, and then we perpetuate the problem.

The most serious mistake that could be made here today is to blame free market capitalism for this problem. This has nothing to do with free market capitalism. This has to do with a managed economy, with an inflationary system, with corporatism, and with a special interest system. It has nothing to do with the failure of free markets and capitalism. Yet we’re resorting now, once again, to promoting more and more government.

Long term, this is disastrous because of everything we’re doing here and because of everything we’ve done for 6 months. We’ve already pumped in $700 billion. Here is another $700 billion. This is going to destroy the dollar. That’s what you should be concerned about. Yes, Wall Street is in trouble. There are a lot of problems, and if we don’t vote for this, there are going to be problems. Believe me: If you destroy the dollar, you’re going to destroy a worldwide economy, and that’s what we’re
on the verge of doing, and it is inevitable, if we continue this, that that’s what’s going to happen. It’s going to be a lot more serious than what we’re dealing with today.

We need to get our house in order. We need more oversight–that is a certainty–but we need oversight of the Federal Reserve System, of the Exchange Stabilization Fund and of the President’s Working Group on Financial Markets. Find out what they’re doing. How much have they been meddling in the market?

What we’re doing today is going to make things much worse.

[ http://www.c-spanarchives.org/congress/?q=node/77531&id=8899285 ]

Duration : 0:2:30

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Richard Wolff: Obama must create the support needed to reform health care

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USA is not a democracy (even tho many of us are raised to think otherwise), and we are happy about that as Democracy is the WORST form of government. It dooms its citizens to eventual dictatorship because of a 100% chance of financial failure.

It is to make sure a rogue state with a ton of people, cannot overpower all of the other states.

USA is a union of a bunch of virtual little countries (states). Each needs a fairly even say in who is president.

If it was a democracy, places like California and New York could boss around the rest of the states and impose their will on them.

BEFORE YOU ALL LAUGH AT ME: YES, I REALIZE I SPELLED “PRIVILEGE” WRONG! xD

I may be only 16, so I can’t vote, but I can encourage women of voting age in the United States to vote, which is more gratifying to me.

btw, Alice Paul is my personal hero. Just thought I’d throw that out there.

There is so much that wasn’t mentioned in the video, because there is so much information to cover in so little time. So much before and after, that I almost feel bad for not mentioning it…If you want to know more about these amazing women, vist this website (or google for the subject):

http://www.spartacus.schoolnet.co.uk/USAwomen.htm

and for more on the movie I used in the video, “Iron Jawed Angels”:

http://iron-jawed-angels.com/

Thank you for taking the time to watch this video, and whether you are American or not, I hope you’ve learned something.

- Katherine

ps. the song is “Beatiful” by Mandalay. The song was used in the credits of the film.

Duration : 0:4:41

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