Meeting: From Glass-Steagall to a New Credit System

From Glass-Steagall to a New Credit System:

To Save the Nation – And Stop Hyperinflation - Revive the Principle of the Constitution: A New Credit System

Michael Kirsch
Author, “How Andrew Jackson Destroyed the United States”,
Principal author, NAWAPA XXI Report

Saturday, February 9
1 – 5 pm
Towson Branch Library Wilson Room
320 York Rd., Towson, MD 21204

To save the nation from hyperinflationary collapse, dictatorship, and potential global war, we must utilize the power of the U.S. Constitution. That means Obama must be removed from office for violating the Constitution, which is the clear implication of the recent ruling of the DC Court of Appeals that Obama has no right to violate the separation of powers in the Constitution in his so-called “recess appointments” of members of the National Labor Relations Board (NLRB), while the Senate had not in fact recessed. As the Court made clear, this ruling goes beyond the particulars of the case itself, since Obama cannot insist that he is “above the law”.

In order to deal with the global economic breakdown, we must use the explicit power of the Constitution to “promote the General Welfare” and its implied power to create a new Credit System, starting with the re-enactment of Glass-Steagall, which outlaws government support for speculation, and ends the threat of hyperinflationary collapse, by ending the Wall St. bailouts. After Glass-Steagall, since the banking system is, in fact, bankrupt, in order to create a new optimistic future, new credit must be issued to put people back to work through big infrastructure and science projects, such as the North American Water and Power Alliance (NAWAPA).

But, in order to create this new future we must give up the popular prejudice against “big government” and the equally false belief that “money” is the basis for the economy, instead of human creativity.. At the same time, we must destroy the British Empire’s “green agenda” of creating mass depopulation by outlawing scientific progress. Alexander Hamilton, first Treasury Secretary, understood that the intent of the Constitution was to create the conditions for such progress, and that this required the creation of a Credit System and establishment of a National Bank, which were shut down by agent of Wall St. and the British Empire, the “popular hero” Andrew Jackson.

“…The purpose of this document is to understand the nature of the false prejudices and axioms imprinted on our nation by the Jackson Administration, which have continually wrought the destruction of our nation. But it is also to demonstrate that no objective reason exists for the waste of our nation’s potential. If enough citizens understood how to wield the true nature and history of the United States Constitution, its stated and implied powers, and its laws, then the nation’s industrial and scientific resources could immediately be put into motion…The nation’s existence depends on learning these lessons, and discovering the power of a United States under the American system, rather than one imposed by foreign laws and the laws of Empire. It depends on a return to principle and law, rather than precedent and popular opinion.”

- Michael Kirsch, Prologue, “How Andrew Jackson Destroyed the United States”

Directions: Take the Baltimore Beltway I-695 to Exit 27 Delaney Valley Rd. South, go south about 1 mile, go ½ way around circle and road becomes York Rd, go 3 blocks and turn left on Chesapeake Ave., where you will see the Towson Library, go past the library and take the second driveway on the right into the public garage (fee is $1 on Saturday), take the elevator to the library, walk into the library and out the front entrance, go down the winding staircase to the ground floor, where the meeting rooms are, and look for the Wilson Room.

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