The Monroe Times: Whoever Understands Currency Market Should Be Next President

The following is an article I had published in my local paper, The Monroe Times, in their “Letters to the Editor” Column on page A4 titled “Whoever Understands Currency Market Should Be Next President” and I quote:
“By the time this letter comes out, we will have had the first Democratic presidential debate. The two leading Democratic candidates are Hillary Clinton and Bernie Sanders. Now the question is, of these two candidates, who do you think is the best candidate who best understands the currency market?
My choice would be Sen. Elizabeth Warren but she’s not running. She understands the hedge fund dealers controlling the big investment banks and the danger that toxic derivatives are having in our currency market, as well as the world currency market.
The Republican Party has only one candidate who might understand the market because he says the hedge fund dealers are getting away with murder, which they are but it doesn’t explain how the toxic derivatives are affecting the world trading markets like Bernie Sanders is because Bernie is absolutely against TPP (Trans-Pacific Partnership), which is the worst of all the trade pacts made up to now.
It’s so bad that, up to now, our currency has been controlling the world trade market that countries like China and India might start their own currency markets. We, as a country, couldn’t do much to stop them either because we have borrowed so much money from them to get our bills paid, it’s impossible to challenge them unless we decide to raise the top federal income tax rate higher than 39.6 percent, plug up all those tax loopholes billionaires are using and then we could pay our own bills.
The Democrats are having a good debate, while the Republican Party can’t have a debate because they have only one candidate who might understand the growing currency problem. That is: What is a real asset? If you were running a big banking system, would you want it filled with gold or silver and land contracts that you are holding with family farmers to make sure they control the price of land, as well as the quality of the food they’re producing, so that we don’t end up with products that contain a lot of GMOs that the European economy has turned down, country after country?
Bernie Sanders supports a financial transaction tax (also known as the Robin Hood Tax.) He says you have to get the richest 1 percent to pay their fair share and quit buying Congress. Support the United to Amend group to get big money out of politics.”
(THE CANDIDATES RUNNING FOR PRESIDENT MUST UNDERSTAND THE CURRENCY MARKET, WHICH IS TRADED THROUGH THE CHICAGO MERCANTILE EXCHANGE. THIS IS A MUST BECAUSE WHOEVER IS PRESIDENT IS GOING TO HAVE TO DEAL WITH BIG INVESTMENT BANKS USING HEDGE FUNDS THAT DEAL WITH LARGE AMOUNTS OF GROWING, UNREGULATED DERIVATIVES. IT’S A VERY IMPORTANT ISSUE OTHERWISE, BERNIE SANDERS WOULDN’T KEEP EMPHASIZING THE CORRUPT WALL STREET MARKET. HE CONSTANTLY EMPHASIZES OVER AND OVER AGAIN HOW THE 1 PERCENT KEEP EXPLOITING THE 99 PERCENT AND THAT THE GOVERNMENT, IN ORDER TO GET CONFIDENCE BACK IN THE SYSTEM, IS GOING TO HAVE TO REINSTATE A NEWER VERSION OF THE GLASS-STEAGALL ACT BECAUSE THE IMPORTANCE OF GOOD COMMERCIAL BANKS, WELL DISTRIBUTED, ALL OVER THE COUNTRY, IS ESSENTIAL TO SMALL TOWNS AND THE FARMERS THAT USE THEM, TO MAKE SURE THAT WE ALWAYS HAVE AN AMPLE SUPPLY OF FARM COMMODITIES. THAT’S WHY THE COMMERCIAL BANKS HAVE TO BE THERE, SO THE FARMERS CAN BORROW MONEY TO RUN THEIR FARM OPERATIONS. IF YOU THINK I’M KIDDING IN REALLY UNDERSTANDING THE VALUE OF CURRENCY, YOU’RE GOING TO HAVE TO READ THE EXCELLENT BOOK “ALL THE DEVILS ARE HERE: THE HIDDEN HISTORY OF THE FINANCIAL CRISIS” BY BETHANY MCLEAN AND JOE NOCERA. I CAN’T WAIT FOR THE DEMOCRATIC PRESIDENTIAL DEBATE ON NOVEMBER 14, 2015 ON CBS TELEVISION WHERE EVERYONE CAN WATCH, EVEN IF THEY DON’T HAVE A DISH OR CABLE.
LaVern Isely, Progressive, Overtaxed, Independent Middle Class Taxpayer and Public Citizen Member and USAF Veteran

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About tim074

I'm a retired dairy farmer that was a member of the National Farmer's Organization (NFO). Before going farming, I spent 4 years in the United States Air Force where I saved up enough money to get my down payment to go farming. I also enjoy writing and reading biographies and I write about myself as well as articles and excerpts I find interesting. I'm specifically interested in finances, particularly in the banking industry because if it wasn't for help from my local Community Bank, I never could have started farming which I was successful at. So, I'm real interested in the Small Business Administration and I know they are the ones creating jobs. I have been a member of Common Cause and am now a member of Public Citizen as well as AARP. I have, in the past, written over 150 articles on the Obama Blog (my.barackobama.com) and I'd like to tie these two sites together. I'm also on Twitter, MySpace and Facebook and find these outlets terrifically interesting particularly what many of these people did concerning the uprising in the Arab world. I believe this is a smaller world than we think it is and my goal is to try to bring people together to live in peace because management needs labor like labor needs management. Up to now, that hasn't been so easy to find.
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