Remarks at Uniting Families Rally

ICE Facility / Brooklyn Heights, OH
June 28, 2018
Greg Coleridge, Move to Amend Outreach Director

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We are here to affirm Dignity, respect and humanity of all people. Immigrants are human beings — not aliens, criminals, animals. Dehumanizing people legitimizes violence and injustice toward those same people.

Immigration is a challenge, not a crisis

Between 1983 and 2006, according to the Border Patrol, the United States apprehended roughly one million—and sometimes as many as 1.5 million—undocumented immigrants per year along America’s southwest border. In fiscal year 2016, it was 408,000—less than half the number in 2009. In fiscal year 2017 (the first year under Trump), the figure plunged even lower: to 304,000.

Migrants who come are coming:
– To escape violence-plagued nations like Guatemala, Honduras, and El Salvador — some of that caused by US policies that supported authoritarian leaders. Gangs, too, that threatened young people. Parents shipped them to US to survive.
– To escape harsh economic conditions, some of which caused by NAFTA which favored US farmers over Mexican farmers — who lost their farms and decided to come to US to work as migrant farmers

So if invasion of immigrants is not happened, what are the Trump administration’s motives for harsh treatment of immigrants at border and across country?

4 motives:

1. Play to Trump base, fan hysteria and fear – populism requires movement. Fear of immigrants, people of color, Muslims — nonwhites are convenient targets (“the other”).

2. Distract attention from policies, programs and investigations that hurt most people or shed light on what’s going on. Invasion of immigrants on border, black NFL players disrespecting the flag and dangerous Muslims entering the country engender fear and distract attention away from lies, broken promises, unjust policies, etc (i.e. border wall paid by Mexico, negotiating NAFTA, Russian investigation, tax reform that benefited wealthy, cutting heath care, bloated military budget, gutting the social/economic safety net, elimination of environmental protections, Stormy Daniels, etc.)

3. Militarization of society – police, secret service, military budget, borders (ICE). ICE has a long history of being abusive and unaccountable – from deliberately separating families to engaging in racial profiling and warrantless searches. It has also been the subject of more than 1,200 complaints of sexual and physical abuse since its inception in 2003.

4. Expand corporate profits – spend our tax money on corporate run prisons/detention facilities.
Zero tolerance, separation of families, indefinite detentions policies: not only play to Trump racist base, but are big business — not multimillion but billion dollar

– The Southwest Key Programs has won at least $955 million in federal contracts since 2015 to run shelters and provide other services to immigrant children in federal custody. Its shelter for migrant boys at a former Walmart Supercenter in South Texas has been the focus of nationwide scrutiny, but Southwest Key is but one player in the lucrative, secretive world of the migrant-shelter business. About a dozen contractors operate more than 30 facilities in Texas alone, with numerous others contracted for about 100 shelters in 16 other states. History of abuse [Source: http://inthesetimes.com/article/21234/private-prison-trump-family-separation-immigration-ice%5D

– Geo Group PAC and executives are major political contributors (tens of thousands of dollars) to Texas Congresspersons who support constructing more private detention facilities.

-Privatization transportation – General Dynamics and MVM, a longtime contractor for ICE and the U.S. Marshals. MVM has earned close to $200 million since 2014 for transportation services. CSI Aviation also charters a number of flights for deportation, under the banner “ICE Air.”

-Somebody has to finance all this activity, and that predictably falls to the big banks. A 2016 In The Public Interest report identified Bank of America, JPMorgan Chase, BNP Paribas, U.S. Bancorp, Wells Fargo and SunTrust Bank as the primary lenders to private prison companies Geo Group and CoreCivic, providing $900 million in lines of credit for real estate financing and other business operations.

[Source: http://inthesetimes.com/article/21234/private-prison-trump-family-separation-immigration-ice%5D

What do we do?

1. Call Congress – Abolish ICE
Rep : 202-224-3121 / Portman, (216) 522-7095 / Brown, (216) 522-7272

Message: Every member of our community deserves to be treated with dignity and respect.
That’s why, as someone who cares about human rights, I urge you to take immediate steps to abolish U.S. Immigration and Customs Enforcement (ICE).
ICE has a long history of being abusive and unaccountable – from deliberately separating families to engaging in racial profiling and warrantless searches. It has also been the subject of more than 1,200 complaints of sexual and physical abuse since its inception in 2003. Funding this agency makes you – and all taxpayers – complicit in its human rights violations.
Diversity is a strength of our communities, and our immigration policies should reflect that. I call on you to abolish ICE and end its cruelty.

2. Tell Congress: restore Community Supervision program. Asylum seekers showed up for their proceedings at rates of between 97 and 99 percent

3. Address issue of violence in Central America

4. End unfair trade practices in Mexico – NAFTA

5. End corporate personhood / money as speech.

 

 

 

REAL Democracy History Calendar: June 25 – July 1

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MONETARY HISTORY CALENDAR: June 24 – 30

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JUNE 24

1982 – LEWIS V UNITED STATES (AMENDED DECISION OF THE US COURT OF APPEALS, NINTH CIRCUIT)
“Federal Reserve banks are not federal instrumentalities for purposes of a Federal Tort Claims Act, but are independent, privately owned and locally controlled corporations in light of fact that direct supervision and control of each bank is exercised by board of directors. Federal Reserve banks…are locally controlled by their member banks; banks are listed neither as “wholly owned” government corporations nor as “mixed ownership” corporations; federal reserve banks receive no appropriated funds from Congress and the banks are empowered to sue and be sued in their own names . . ..”

1946 – BIRTH OF ROBERT REICH, FORMER US LABOR SECRETARY
“The dirty little secret is that both houses of Congress are irrelevant. … America’s domestic policy is now being run by Alan Greenspan and the Federal Reserve…America’s foreign policy, meanwhile, is now being run by the International Monetary Fund [IMF] with some coaching from the Treasury Department.”

JUNE 25

2007 – STATEMENT BY SHEILA BAIR, FORMER HEAD OF THE FEDERAL DEPOSIT INSURANCE CORPORATION
“There are strong reasons for believing that banks left to their own devices would maintain less capital — not more — than would be prudent. The fact is, banks do benefit from implicit and explicit government safety nets…In short, regulators can’t leave capital decisions totally to the banks.” Bair cautioned against lowering capital requirements (the amount of money banks have to hold compared to their loans)

JUNE 26

1009 BC – BIRTH OF KING SOLOMON, SON OF DAVID
The rich rules over The poor, and The borrower is The slave of The lender. Proverbs (of Solomon) 7:22

JUNE 27

1992 – UPDATED PUBLICATION SOMETIME THIS MONTH OF MODERN MONEY MECHANICS BY THE FEDERAL RESERVE BANK OF CHICAGO
“The actual process of money creation takes place in commercial banks. Banks can build up deposits by increasing loans and investments…This unique attribute of the banking business was discovered several centuries ago…At one time, bankers were merely middlemen. They made a profit by accepting gold and coins for safekeeping and lending them to borrowers. But they soon found that the receipts (bank notes or IOUs) they issued were being used as if they were a means of payment. “These receipts were acceptable as if they were money since whoever held them could go to the banker and exchange them for metallic money…Then bankers discovered…that they could make loans merely by giving borrowers their promises to pay (bank notes). In this way banks began to create money…More notes (IOUs) could be issued than the gold and coin on hand, because only a portion of the notes outstanding would be presented for payment at any one time…Demand deposits (checks) are the modern counterpart of bank notes. It was a small step from printing notes to making book entries to the credit of borrowers, which the borrowers in turn, could ‘spend’ by writing checks.”

JUNE 28

1836 – DEATH OF JAMES MADISON, 4TH PRESIDENT OF THE UNITED STATES
Madison signed into law a bank bill in 1816 creating the Second National Bank of the United States. Chartered for 20 years, the bank amassed economic power, which led to the successful efforts of President Andrew Jackson to abolish it in 1836.

JUNE 29

1858 – DEATH OF EDWARD KELLOGG, BUSINESSMAN AND ECONOMIST. HIS IDEAS INFLUENCED THE POLICIES OF THE POPULIST AND GREENBACK PARTIES
“Legal value belongs to anything which represents actual value, or capital. Its existence depends upon actual value. The worth of things of legal value depends upon their capability to be exchanged for things of actual value. Since money is our monetary system is created as debt, the ‘legal value’ of money includes both the principal debt and interest — which exceeds the ‘actual value’ of a nation’s real wealth or claims on collateral at any point in time. The only means to close this gap and cover interest payments is to create additional collateral (goods and services) via economic growth. Of course, this additional debt-based money used to pay the previous interest has its own interest. Thus the downward debt cycle never ends until it collapses.

2018 – ANNUAL FEAST OF SAINT PETER AND PAUL
“And having food and raiment let us be therewith content. But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.” — The Apostle Paul in 1 Timothy 6: 8-10

JUNE 30

1812 – FIRST US TREASURY NOTES AUTHORIZED BY THE UNITED STATES CONGRESS
Treasury notes are promise to pay notes to borrowers to raise revenue. The US needed funds to fund the War of 1812. Rather than print US money (such as “Continentals” – an interest- and debt-free money issued by the Continental Congress to pay for the Revolutionary War), the US government followed a different course – to issue notes to borrowers with promises to pay the principal with interest at a later date. The original interest rate was 5.4%. Wars cause indebtedness. Bankers tend to like wars since they tend to create financial dependency of nations to bankers. Thomas Edison would later say about Treasury bonds, “If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good…”

1997 – PUBLICATION OF ARTICLE “BEYOND GREED AND SCARCITY” BY BERNARD LIETAER IN YES MAGAZINE
“While economic textbooks claim that people and corporations are competing for markets and resources, I claim that in reality they are competing for money – using markets and resources to do so. Greed and fear of scarcity are being continuously created and amplified as a direct result of the kind of money we are using. For example, we can produce more than enough food to feed everybody, and there is definitely enough work for everybody in the world, but there is clearly not enough money to pay for it all. In fact, the job of central banks is to create and maintain that currency scarcity.”

2005 – PUBLICATION OF “A MATTER OF INTEREST” BY WILLIAM HIXSON, CANADIAN ECONOMIST
“The very idea of a government that can create money for itself, allowing banks to create money that the government then borrows, and pays interest on, is so preposterous that it staggers the imagination. Either everyone in government in charge of the procedure is lacking in intelligence or they have been bought and paid for by those who profit from their skullduggery and their infidelity to the public interest.”

REAL Democracy History Calendar: June 18 – 24

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Monetary History Calendar: June 17-23

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JUNE 17

2009 – PRESIDENT OBAMA RELEASES PLAN FOR FINANCIAL REFORM
“President Obama’s plan to reshape financial regulation seeks to give Washington the tools to police the shadow system of finance that has grown up outside the government’s purview, and to make it easier for regulators to head off problems at large, troubled institutions. However, the president’s plan results from many compromises with industry executives and lawmakers, and is not as bold as some had hoped.” Among the less than ” compromises with industry” were permitting financial institutions to promote various types of derivatives, cutting the number of bank regulators, and granting new powers to the private Federal Reserve.

JUNE 18

1926 – BIRTH OF CHARLES WALTERS, FOUNDER OF ACRES MAGAZINE, A VOICE FOR ECO-AGRICULTURE
“[O]ur forefathers took steps to protect the economic freedom of the United States by giving to Congress, elected by the people, the power to provide a monetary system independent of the monetary systems of other countries, and to regulate the value of the dollar, adopted as our monetary unit, or measure of value. This power automatically gave Congress the right to determine the value of the United States production in terms of United States money.”

2008 – CHRIS DODD PROPOSED HOUSING BAILOUT
As the chairman of the Senate Banking Committee Connecticut’s Christopher Dodd proposes a housing bailout to the Senate floor that would assist troubled subprime mortgage lenders such as Countrywide Bank, Dodd admitted that he received special treatment, perks, and campaign donations from Countrywide, who regarded Dodd as a “special” customer and a “Friend of Angelo.” Dodd received a $75,000 reduction in mortgage payments from Countrywide. The Chairman of the Senate Finance Committee Kent Conrad and the head of Fannie Mae Jim Johnson also received mortgages on favorable terms due to their association with Countrywide CEO Angelo R. Mozilo.

JUNE 19

1902 – DEATH OF LORD ACTON, ENGLISH HISTORIAN, POLITICIAN, AND WRITER
“The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.”

1946 – DEATH OF HENRY SIMONS, PROFESSOR OF ECONOMICS, UNIVERSITY OF CHICAGO
“The mistake lies in fearing money and trusting debt.”

JUNE 20

1756 – BIRTH OF WILLIAM RICHARDSON DAVIE, NORTH CAROLINA DELEGATE TO THE 1787-8 CONSTITUTIONAL CONVENTION AND GOVERNOR OF N. CAROLINA
“So low and hopeless are the finances of the United States, that, the year before last Congress was obliged to borrow money even, to pay the interest of the principal which we had borrowed before. This wretched resource of turning interest into principal, is the most humiliating and disgraceful measure that a nation could take, and approximates with rapidity to absolute ruin:
Yet it is the inevitable and certain consequence of such a system as the existing Confederation.”

JUNE 21

1940 — DEATH OF SMEDLEY BUTLER, MARINE CORP MAJOR GENERAL (MOST DECORATED MARINE IN US HISTORY AT THE TIME OF HIS DEATH)
“I spent thirty-three years and four months in active military service as a member of this country’s most agile military force, the Marine Corps. I served in all commissioned ranks from Second Lieutenant to Major-General. And during that period, I spent most of my time being a high-class muscle man for Big Business, for Wall Street and for the Bankers. In short, I was a racketeer, a gangster for capitalism…I wouldn’t go to war again, as I have done, to protect some lousy investment of the bankers. There are only two things that we should fight for. One is the defense of out homes and the other is the Bill of Rights. War for any other reason is simply a racket…. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912…”

2012 – DEATH OF ANNA SCHWARTZ, CO-AUTHOR OF “A MONETARY HISTORY OF THE UNITED STATES”
“A Monetary History of the United States” contributed to a new consensus on monetary issues, including the sources of the Great Depression. The 888-page book asserts that the 1929 stock market crash and subsequent Great Depression was caused by mistakes by the Federal Reserve. . Former Federal Reserve Chairman Ben Bernanke called the work, ‘the leading and most persuasive explanation of the worst economic disaster in American history.’ ‘You’re right; we [the Fed] did it. We’re very sorry. But thanks to you, we won’t do it again.’
A month after the collapse of Lehman Brothers, Schwartz said in the Wall Street Journal interview the insolvent financial firms should not be bailed out, but rather shut down.

JUNE 22

1911 – SPEECH OF PRESIDENT WILLIAM HOWARD TAFT BEFORE NEW YORK STATE BANKERS’ ASSOCIATION
“There is no legislation, I care not what it is, tariff, railroad, corporation, or of a general political character, that at all equals in importance the putting of our banking and currency system on a sound basis.”
Of course, Taft’s definition of a “sound” banking and currency system was the plan being pushed by major bankers – the creation of a private central bank (which basically defines the Federal Reserve) and the ability of banking corporations to create our nation’s money – as debt.

1949 – BIRTH OF ELIZABETH WARREN, US SENATOR, MASSACHUSETTS
“What we need is a system that puts an end to the boom and bust cycle. A system that recognizes we don’t grow this country from the financial sector; we grow this country from the middle class.” “Powerful interests will fight to hang on to every benefit and subside they now enjoy. Even after exploiting consumers, larding their books with excessive risk, and making bad bets that brought down the economy and forced taxpayer bailouts, the big Wall Street banks are not chastened. They have fought to delay and hamstring the implementation of financial reform, and they will continue to fight every inch of the way.”

JUNE 23

1948 – WEST INTRODUCES NEW CURRENCY IN W. BERLIN, SOVIETS RESPOND WITH BLOCKADE
Several factors led to the blockade of W. Berlin by the Soviet Union. These included the unification of the French, British and US sectors into a West German government and the issuance of a currency in the new country. It was the issuance of a new currency in W. Berlin on June 23. The next day the Soviets imposed a complete blockade on Berlin.

2016 – BREXIT VOTE
Citizens in the United Kingdom vote in a national referendum to withdraw from the European Union. British voters felt their sovereignty, including economic sovereignty, was in peril by remaining in the EU. Other European nations, including those who have entirely lost their ability to issue and circulate their own national currency, are exploring a similar exit. [Note: The British maintained their authority to issue and circulate their currency, the Pound, despite being EU members, unlike other members.]

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Why this calendar? Many people have questions about the root causes of our economic problems. Some questions involve money, banks and debt. How is money created? Why do banks control its quantity? How has the money system been used to liberate (not often) and oppress (most often) us? And how can the money system be “democratized” to rebuild our economy and society, create jobs and reduce debt? Our goal is to inform, intrigue and inspire through bite size weekly postings listing important events and quotes from prominent individuals (both past and present) on money, banking and how the money system can help people and the planet. We hope the sharing of bits of buried history will illuminate monetary and banking issues and empower you with others to create real economic and political justice. This calendar is the original project of the Northeast Ohio American Friends Service Committee. Adele Looney, Phyllis Titus, Donna Schall, Leah Davis, Alice Francini, Deb Jose and Greg Coleridge helped in its development. It is currently updated by Greg Coleridge. Please forward this to others and encourage them to subscribe. To subscribe/unsubscribe or to comment on any entry, email monetarycalendar@yahoo.com
To see the calendar year-to-date, go to https://monetarycalendar.wordpress.com/
A second historical calendar, the REAL Democracy History Calendar, in many ways complements this calendar. For information, go to https://realdemocracyhistorycalendar.wordpress.com/about/

 

To make it to the 4th second

Powerful. To make it to the 4th second and beyond requires changing ourselves (values, attitudes, behaviors) AND societal institutions (including mega corporations which are designed to maximize profits regardless of the impact to people and the planet). It’s more than planting or saving trees. It’s planting the seeds to be more compassionate toward all other living creatures and to create an authentic democracy movement that will create institutions to truly serve and sustain. p.s. Wish the title would have been “human” instead of “man.”

 

 

 

Corporate mergers precede recessions

mergers

Corporate mergers tend to run in cycles — which we’re in one right now. The AT&T-Time Warner deal and proposed Comcast-FOX consolidation are merely the latest in a year (less than half over) that has seen over $2 trillion shelled out for mergers. Besides the problems of economic concentration caused by mergers and the mirrored increase in political power and influence, merged corporations help create and precede recessions. Merger manias tends to peak before recessions. Peaks in the past have coincided with increases in rate hikes by the corporate-controlled Federal Reserve — which happened this week. That’s because corporations heavily borrowed when money was cheap to borrow due to low Federal Reserve-set rates. Now that rates are rising, debt will be more expense by corporations, government and people to pay off. Sad to say but expect to see a serious economic recession in our near future…