[CRNMC] What we can teach now...

[agnes at mcn.org]

Glad you asked, Baile,
       I would urge us to consider how a publicly owned bank might save
the county from the new rule by the Federal Reserve, the
Comptroller of the Currency and the FDIC ( all regulatory agencies
in favor of banks). The new rule downgrading Municipal bonds from
high quality liquid assets and raising Corporate bonds and Treasury
bonds previously lower than muni bonds, which are used to fund
local infrastructure projects. This action will cause big banks to
dump muni bonds in favor of Corporate and Treasury bonds.
Communities that use new muni bonds will have to raise the interest
rates that entice investors to buy. This is the fast track to
bankruptcy, raiding assets from local and state governments willing
to sell  assets at fire sale prices to pay off bankruptcy debts as
happened in Greece and Detroit. See Ellen Brown's email from Ben
Price of CELDF about Asset Stripping States and Local Governments a
month ago. Be forewarned and proactive to save our county public
funds from the FEDS new rule and imminent bankruptcy of our county
and state.

Agnes

> Well thought and said, Charles.
>
> What is your concept for the next step ?
>
> Come to think of it, let us all post what each of us believes would be the
> best next step to proactively laying claim to our community's rights.
>
> What say ya'll ?
>
> with love,
>
> Baile
>
>
> On Nov 10, 2014, at 12:00 AM, Charles Cresson Wood wrote:
>
>> “This is no time to engage in the luxury of cooling off or to take the
>> tranquilizing drug of gradualism.” ― Martin Luther King Jr.
>>
>> Hello community rights friends,
>>
>> Yes, after this last victory on election day, it is true that we deserve
>> a well-earned vacation. Let us rest briefly, but soon return to the work
>> that must be done. I have been thinking about the Martin Luther King Jr.
>> quote provided above. I believe we, the Community Rights Network of
>> Mendocino County, now have some genuine credibility, some new
>> “listening,” and some brief window for building a much larger
>> grass-roots activist network here in Mendocino County. But we should not
>> wait long, if indeed we are going to do this, lest the power of this
>> moment be lost, lest our victory with Measure S be drowned out in the
>> onslaught of the millions of propaganda messages coming from the mass
>> media.
>>
>> There is one message that we can teach now, and that THERE IS HOPE, that
>> the average person like you and me can make a significant difference,
>> and that grass-roots activism can actually bring about significant
>> change. The corporations would have us think that we can do nothing, and
>> that we must accept the established order. They are doing their best to
>> redefine freedom and other core American values in ways that suit their
>> commercial purposes. They would like us to believe that individualism is
>> the ability to choose any of a large array of athletic shoes. We the
>> people need to reclaim our own thinking so as to be able say the
>> metaphorical equivalent of: “I’m not going to wear shoes.” They
>> would like to have us believe that freedom means having enough money to
>> select items from a menu at a Jack-in-the-Box fast food restaurant. We
>> the people need take back our freedom so as to be able to say the
>> metaphorical equivalent of: “I’m going to grow my own food.”
>>
>> The propaganda machine would say that each of us are simply helpless and
>> ineffectual consumers (not citizens -- consumers). The propaganda
>> machine would prefer it if we were isolated apathetic disempowered
>> people each watching our average of four hours of television a day.
>> Let’s not fall prey to their Siren’s songs.
>>
>> Of greatest concern to me is the involvement with the younger segment of
>> our adult population. The 18-29 age range has the lowest levels of voter
>> registration of any segment in the adult American population. And they
>> are also the ones that Mendocino County risks losing to the cities. They
>> are our future, and now is the time to reengage especially with them
>> (but hopefully with everybody else too), to co-create a new possibility
>> for citizen-led community rights, for citizen-led environmental
>> sustainability, and citizen-led social justice. CRNMC could lead the way
>> here, if we have the will to step up to that role.
>>
>>
>>
>>
>>
>>
>>
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