Ask yourself, why will any country give control of their money supply to a private entity? Why will any country yield control of what should belong to us all. Who is that private entity loyal to?
The reality is until we nationalize the banks such that they serve America instead of the interest of private equity firms and foreign interest our banking system will continue to serve its master. Its master is not the United States of America but the private financial sector.
Kucinich on U.S. Bailout of European Banks: We Cannot Continue to Throw Money Down the Bank Hole
Congressman Dennis Kucinich (D-OH) today released the following statement in response to reports that the Federal Reserve has committed U.S. dollars to the cash-strapped European Central Bank:
“The Fed has found trillions and trillions of dollars for banks through TARP and Quantitative Easing Episodes 1, 2 and 3. Now they figured out a way to bail out yet another set of banks – this time in Europe. But they can’t seem to figure out a way to help out the American people who are still suffering from this recession by creating jobs repairing our infrastructure. This is a clear window into priorities – Government of the banks, by the banks and for the banks.
“Bailouts and austerity packages have made no difference at best, and ‘the markets’ just cannot be satisfied. We cannot continue to throw money down the bank hole.
“Our Constitution gives the government the right and the responsibility to address these problems, but what have we done with this powerful tool? We have handed it over to the private, for-profit banking system.