Keep your powder dry.

This is NOT a time to rush into reregulation.

Whatever GWB would be willing to give you in a signing statement would not be worth your time in bringing forward.

Barney, we want your bold leadership NOW.

This is the time for the most serious undertaking of a study/report on the true nature of the problem that has been created by the unregulated investment holding companies – they are not banks. And, it is most important that this study be informed by people who actually understand the mechanics of the money system, and how its misuse now threatens the US economy as never before.

Of course, we will need new regulations – that is how we keep them all honest. But, more importantly, we need to look at restoring much greater Congressional control over the overall monetary system.

In the end, if this comes down to more rigorous capital and reporting requirements, and only the restoration of the separation between the real banks and the other financial service creations, well then we have gained nothing.

The inter-relationship of the FED to the Treasury must be lain bare.

The rationale for allowing the nation's monetary system to be controlled by ANY private interests, let alone these rogue, unregulated internationalists, is crying for an honest, open debate.

The American people deserve to know that the government can and will work to ensure that the nation's money system is put to work for the American people, and not a bunch of foreign investors, sovereign or private.

Barney, ask each of your fellow Committee members if they can answer the question – How does the money system work?

Or, if they can answer the question – Does everyone understand exactly how the Treasury borrows money from the FED, and lends money to the FED?

Does everyone on the Committee understand that, and how, all increases in the nations real money supply comes through the creation of new debt?

And, if you understand that, what is the proper role of GOVUS in the overall management of the nation's money supply in the future?

This is more than ratios and reports.

Economic democracy.

Our economy.

Our money.

Our government.

All of, by and for the people.

Keep your powder dry.

This is NOT a time to rush into reregulation.

Whatever GWB would be willing to give you in a signing statement would not be worth your time in bringing forward.

Barney, we want your bold leadership NOW.

This is the time for the most serious undertaking of a study/report on the true nature of the problem that has been created by the unregulated investment holding companies – they are not banks. And, it is most important that this study be informed by people who actually understand the mechanics of the money system, and how its misuse now threatens the US economy as never before.

Of course, we will need new regulations – that is how we keep them all honest. But, more importantly, we need to look at restoring much greater Congressional control over the overall monetary system.

In the end, if this comes down to more rigorous capital and reporting requirements, and only the restoration of the separation between the real banks and the other financial service creations, well then we have gained nothing.

The inter-relationship of the FED to the Treasury must be lain bare.

The rationale for allowing the nation’s monetary system to be controlled by ANY private interests, let alone these rogue, unregulated internationalists, is crying for an honest, open debate.

The American people deserve to know that the government can and will work to ensure that the nation’s money system is put to work for the American people, and not a bunch of foreign investors, sovereign or private.

Barney, ask each of your fellow Committee members if they can answer the question – How does the money system work?

Or, if they can answer the question – Does everyone understand exactly how the Treasury borrows money from the FED, and lends money to the FED?

Does everyone on the Committee understand that, and how, all increases in the nations real money supply comes through the creation of new debt?

And, if you understand that, what is the proper role of GOVUS in the overall management of the nation’s money supply in the future?

This is more than ratios and reports.

Economic democracy.

Our economy.

Our money.

Our government.

All of, by and for the people.