Amid rumors that Cynthia McKinney is pondering an upcoming run for Congress, McKinney has made two recent media hits: a radio interview with host Hodari on wpfw.org (discussion about Gaza, depleted uranium, and Haiti) and the publication of an election wrap-up essay with reflections on her Power to the People/Green Party campaign for President, with extensive thoughts on the federal reserve system and the economic crisis.
The full article is posted at onthewilderside.com:
From Cynthia McKinney: Buyer’s Remorse, Economic Collapse, Oligarchs, & War
Excerpts:
…Increasingly, though, there’s another type of voter that is contacting me, expressing “Buyer’s Remorse” for having supported candidate Barack Obama…
Ms. McKinney pulls several quotes about our financial system from a 1964 government document. She quotes:
“Money Facts,” 169 questions and answers on money authored by the Subcommittee on Domestic Finance, House of Representatives Committee on Banking and Currency, 1964.
“What is the problem of political responsibility?
Since the Federal Reserve is independent it is not accountable to anyone for the economic policies it chooses to pursue. But this runs counter to normally accepted democratic principles. The President and Congress are responsible to the people on election – day for their past economic decisions. But the Federal Reserve is responsible neither to the people directly nor indirectly through the people’s elected representatives. Yet the Federal Reserve exercises great power in controlling the money-creating activities of the commercial banks.”
I can’t find the alleged document anywhere on the web. This is pretty thin stuff, Cynthia.
Little known fact: not all documents from 1964 have been scanned in to the web.
I am impressed. I thought the Nader and McKinney “We Agree” statement was just for the newspapers and to get a higher media profile. I guess I am a tad bit too cynical of leftists and modern day elected liberals.
http://www.votenader.org/weagree/
You can go pull the document from the Library of Congress, free of charge.
Mr. Logan, Some times you actually have to go a law library or the Congressional archives. The web doesn’t have everything. The report is a real report . . . so the only thing that is a bit weak is your critique. No offense!