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<DIV>Googled it-It’s all over the place-Thanks</DIV>
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<DIV style="font-color: black"><B>From:</B> <A title=devin@sarapisfoundation.org
href="mailto:devin@sarapisfoundation.org">Devin Balkind</A> </DIV>
<DIV><B>Sent:</B> Tuesday, October 25, 2011 8:13 PM</DIV>
<DIV><B>To:</B> <A title=p2p-foundation@lists.ourproject.org
href="mailto:p2p-foundation@lists.ourproject.org">P2P Foundation mailing
list</A> </DIV>
<DIV><B>Subject:</B> Re: [P2P-F] is ending the fed a bad idea?</DIV></DIV></DIV>
<DIV> </DIV></DIV>
<DIV
style="FONT-STYLE: normal; DISPLAY: inline; FONT-FAMILY: 'Calibri'; COLOR: #000000; FONT-SIZE: small; FONT-WEIGHT: normal; TEXT-DECORATION: none">Occupying
forces, tea party groups and Paulites will rally together to end the fed on
November 22nd.<BR><BR><BR><BR>
<DIV class=gmail_quote>On Tue, Oct 25, 2011 at 10:11 PM, Natalie Golovin <SPAN
dir=ltr><<A href="mailto:10natalie@cox.net">10natalie@cox.net</A>></SPAN>
wrote:<BR>
<BLOCKQUOTE
style="BORDER-LEFT: #ccc 1px solid; MARGIN: 0px 0px 0px 0.8ex; PADDING-LEFT: 1ex"
class=gmail_quote>Given that the Tea Party & OWS agree on the FED, it
initially made sense to<BR>me they could combine for the limited purpose of
exerting maximum political<BR>pressure-starting with demanding a full audit.
Yves Smith disagrees, and<BR>told me in an email OWS would never engage in a
marriage of convenience with<BR>the Nativists they abhor. The pols &
bankers of opposite ideologies managed<BR>to field a winning team-will the
other (opposites) remain divided and<BR>powerless? Unless we welcome
war/anarchy-why not proceed with one issue-see<BR>how that plays out for the
benefit of all citizens (wealth distribution) and<BR>go from there. I respect
Yves so much-I'm giving up hope.<BR>
<DIV class=im><BR>-----Original Message-----<BR>From: Kevin Carson<BR>Sent:
Tuesday, October 25, 2011 6:20 PM<BR>To: P2P Foundation mailing
list<BR>Subject: Re: [P2P-F] is ending the fed a bad idea?<BR><BR></DIV>
<DIV>
<DIV></DIV>
<DIV class=h5>On Sun, Oct 23, 2011 at 1:16 PM, Michel Bauwens<BR><<A
href="mailto:michel@p2pfoundation.net">michel@p2pfoundation.net</A>>
wrote:<BR>> I would love to publish a debate about this
position:<BR>><BR>> see:<BR>> <A
href="http://www.alternet.org/story/152810/four_things_occupy_wall_street_should_know_about_the_federal_reserve"
target=_blank>http://www.alternet.org/story/152810/four_things_occupy_wall_street_should_know_about_the_federal_reserve</A>?<BR>><BR><BR>This
is not so much a left-wing argument as a managerialist-liberal<BR>one.
There seem to be a lot of people who assume that the only<BR>alternatives out
there are vanilla-flavored managerial liberalism and<BR>"right wing."
And anyone who makes decentralist noises or has<BR>problems with large
institutions or bureaucracy is a "right-winger."<BR>It's the left-wing
counterpart of the talk radio idiot who hears a<BR>Paulista talking about
non-intervention and thinks it's a "librull."<BR><BR>And it makes some utterly
unsupported assumptions -- for example, that<BR>everyone calling for the
abolition of the Fed is a right-winger or a<BR>hard-currency
goldbug.<BR><BR>In fact the anti-Fed movement is a house with many mansions,
all over<BR>the political spectrum. I'm a left-winger more friendly to
Greco's<BR>barter currencies than to the gold standard, but I'm all
for<BR>abolishing the Fed.<BR><BR>It's certainly true, as Blumgart says, that
central banks control the<BR>money supply. But the Fed is a bank-owned
cartel that controls the<BR>money supply by lending it into existence at
interest. Even if I<BR>believed in the need for a central government
control of the money<BR>supply, it would make just as much sense to meet the
need for more<BR>currency by spending it into existence along the lines of
Lincoln's<BR>Greenback policy, or depositing it into existence in people's
checking<BR>accounts as the Social Credit people want to do.<BR><BR>I'd like
to see something with Bitcoin's decentralized, encrypted p2p<BR>architecture,
but organized on the principles of Greco's mutual<BR>credit-clearing network,
as a subplatform of Freenet, that could be<BR>adopted on a scalable basis by
the people in any locality who wanted<BR>to organize a local currency under
cover of a darknet. But to the<BR>extent that such systems advance
credit by allowing members to run<BR>negative balances, they fall afoul of
bank licensing laws. We need to<BR>eliminate the state's money monopoly
and let a thousand flowers bloom.<BR><BR>--<BR>Kevin Carson<BR>Research
Associate, Center for a Stateless Society <A href="http://c4ss.org"
target=_blank>http://c4ss.org</A><BR>Homebrew Industrial Revolution: A
Low-Overhead Manifesto<BR><A
href="http://homebrewindustrialrevolution.wordpress.com"
target=_blank>http://homebrewindustrialrevolution.wordpress.com</A><BR>Desktop
Regulatory State: The Countervailing Power of
Super-Empowered<BR>Individuals <A
href="http://desktopregulatorystate.wordpress.com"
target=_blank>http://desktopregulatorystate.wordpress.com</A><BR>Organization
Theory: A Libertarian Perspective<BR><A
href="http://mutualist.blogspot.com/2005/12/studies-in-anarchist-theory-of.html"
target=_blank>http://mutualist.blogspot.com/2005/12/studies-in-anarchist-theory-of.html</A><BR><BR>_______________________________________________<BR>P2P
Foundation - Mailing list<BR><A href="http://www.p2pfoundation.net"
target=_blank>http://www.p2pfoundation.net</A><BR><A
href="https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation"
target=_blank>https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation</A><BR><BR><BR>_______________________________________________<BR>P2P
Foundation - Mailing list<BR><A href="http://www.p2pfoundation.net"
target=_blank>http://www.p2pfoundation.net</A><BR><A
href="https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation"
target=_blank>https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation</A><BR></DIV></DIV></BLOCKQUOTE></DIV><BR><BR
clear=all><BR>-- <BR>Devin Balkind<BR>Director, Sarapis Foundation
<DIV><A href="mailto:devin@sarapisfoundation.org"
target=_blank>devin@sarapisfoundation.org</A><BR>@devinbalkind</DIV><BR>
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