with respect to "The Lesser Of Two Evils"...Why, Obama Isn't That Bad!" thread, neither man makes policy. they only apologize for it. policy making is done elsewhere.
from the article: "If banks did not exist, then it would be seen that central banks could just as easily distribute "money" directly to people from some central location like a post office. But if central banks did so, receivers would immediately understand the fraud that lies at the heart of modern banking – that there is no real money, only printed paper and electronic digits. For this reason, banks provide the necessary curtain behind which OZ resides.
Phi Beta Iota: The radical sensibility of this paper, which essentially ends the reign of financial terrorism by Goldman Sachs et al, certainly suggests that in 2011, when Dominique Strauss-Kahn was set up by a maid later found to have been paid, there was already a major schism between Wall Street and the IMF–or among the IMF member states. The paper is breathtakingly brilliant, with all due credit to its antecedents, and we can only hope that the current head of the IMF, Christine Lagarde, will make this the centerpiece of her administration. The other half is the Automated Payment Transaction Tax (APT), which not only doubles or triples government revenue, but also eliminates tax codes and other regulatory means by which legislatures and executives extort money
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