[GJM] [WEB OF DEBT BLOG] Comment: "MONEY REFORM THINK TANK: JOIN IN THE DEBATE!"

[robert searle]

Dear All,

        I think this may be of interest. 

Robert Searle.


--- On Sun, 6/7/08, Ehodgsonbrown at aol.com <Ehodgsonbrown at aol.com> wrote:

> From: Ehodgsonbrown at aol.com <Ehodgsonbrown at aol.com>
> Subject: Re: [WEB OF DEBT BLOG] Comment: "MONEY REFORM THINK TANK: JOIN IN THE DEBATE!"
> To: dharao4 at yahoo.co.uk
> Date: Sunday, 6 July, 2008, 8:52 PM


> Hi Robert, my current plan, which I just posted in response
> to another  query 
> under "questions and answers," is to form a
> coalition for justice in  
> banking, with some major lawsuits by subprime borrowers
> (class actions under  truth 
> in lending, for example), investors (for fraud in the
> triple A ratings of  
> dodgy investments), and state attorneys general (a squeeze
> play like in the  
> tobacco cases, to get back abandoned properties in their
> districts falling to  the 
> subprime debacle).  I want to set up a forum where we can
> discuss such  
> things.  The squeeze play idea was Carolyn Betts', who
> works with  Catherine Austin 
> Fitts.  Chris Cook of the UK recommends getting all the 
> parties to settle by 
> forming a pool that would jointly share ownership, rent the
>  properties back 
> to the original owners (who would also have shares in the
> pool),  and share 
> profits.  The advantage over the usual MBS situation is
> that  there would be no 
> loan at interest -- the properties would be owned outright
> by  the LLC -- 
> reducing costs by half and allowing rents to be set at
> reasonable  rates and still 
> turn a profit.  Basically, we need to get some clout 
> against the banks' 
> powerful lobbies, and I think the only way to do it is with
>  our own lobby, armed 
> with some major lawsuits.  Best wishes, Ellen
>  
> In a message dated 7/6/2008 4:28:53 AM Pacific Daylight
> Time,  
> donotreply at wordpress.com writes:
> 
> New  comment on your post #22 "MONEY REFORM THINK
> TANK: JOIN IN THE  DEBATE!"
> Author : Robert Searle.        LRRB, AND THE  EUROPEAN
> UNION. (IP: 
> 212.22.16.194 , 212.22.16.194)
> E-mail :  dharao4 at yahoo.co.uk
> URL    : 
> http://www.p2pfoundation.net/Transfinancial_Economics
> Whois  : 
> http://ws.arin.net/cgi-bin/whois.pl?queryinput=212.22.16.194
> Comment:  
> Dear All,
> 
> 
> RE:TRANSFINANCIAL  ECONOMICS, AN EMERGING PARADIGM.
> 
> I noticed  reference about the resource based economy as
> understood in the 
> Venus Project.  A similiar idea is using Energy Credits as
> understood by 
> "mainstream"  Technocracy from which Fresco takes
> most of his ideas, and  inspiration.
> 
> I think a more advanced way of doing things is my own 
> research, and 
> development project. If you click on my name you will be
> lead to  an updated 
> p2pfoundation entry on TRANSFINANCIAL ECONOMICS which
> offers a way  to global 
> sustainability but with a PROFIT MOTIVE to boot. 
> 
> The problem  with many ideas in circulation is that they
> tend to be too 
> idealistic. If we  can harness the power of capitalism
> positively, and in the right 
> directions  then we will probably achieve genuine global
> reform otherwise we 
> are just  whistling in the wind.
> 
> Comments both good, and bad welcome. Also, I  believe Ellen
> has a plan up her 
> sleeve. I would be pleased if she could spell  it out
> simply here. I assume 
> that this is an upgrade on some notion, or other  she had
> in the first edition 
> of her book.
> 
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> 
> 
> 
> 
> 
> 
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