Kucinich contribution to May Day 2012: How to create needed infrastructure (and put people to work)

So here’s what Kucinich was up to on May 1, 2012, as the MSM downplayed Occupy’s First Spring 2012 event. As usual, Kucinich refuses to stay within the agreed-upon rules (remember his bid to create a Department of Peace?); here, he talks about taking the power of money (debt) creation away from the Federal Reserve and returning it to the federal government.

I have a feeling that because its known as “the Fed,” many people still think the Federal Reserve, a privately owned bank, is actually part of the government. I sure did. Even after reading William Greider’s “Secrets of the Temple,” I still had trouble wrapping my mind around this hidden-in-plain-sight central deception of our era. Orwellian doublespeak at its most tricky.

After decades of neglect, our infrastructure is crumbling as maintenance and replacement schedules get pushed back. Much of our aging infrastructure is beyond its useful life or at full capacity. We need to invest in repairing and renewing our crumbling infrastructure before disaster strikes.

There is a simple way to pay for needed investments which doesn’t require taxing or borrowing. Congress has the power under Article 1, Section 8, of the Constitution to originate money, and Congress can use this power to pay for upgrading our infrastructure. We can provide direct investments and grants to the States to deal with their infrastructure needs. H.R., 2990, The National Emergency Employment Defense Act. The N.E.E.D. Act.

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