Raise Incomes and Restore Economic Security for the Middle Class
"Increasing the minimum wage is central to this goal and the House passed a bill to increase the Federal minimum wage from $7.25 per hour to $15. "

Central to the goal of protecting and serving people who are still able to produce anything worth stealing is decentralization.

This lie has been deemed a lie the lawful way a long time ago. It is not NEWS, it is not NEWS WORTHY, it is perhaps worthy of the expenditure of time and effort (value) on arguing for the sake of arguing.

The Central Bank prints as much money as those in power want, without limit, to keep the slaves divided and conquered.

How does that work, someone broiled in modern day argumentation, might ask?

"This facility of acquiring capital will give an unheard of impetus to business, and consequently create an unprecedented demand for labor, – a demand which will always be in excess of the supply, directly to the contrary of the present condition of the labor market. Then will be seen an exemplification of the words of Richard Cobden that, when two laborers are after one employer, wages fall, but when two employers are after one laborer, wages rise. Labor will then be in a position to dictate its wages, and will thus secure its natural wage, its entire product."

Note the workings above, in those words written and published by the independent press in 1888. When capital is free to flow in free markets there is then a consequence by which the number of employers rises while the number of employees relatively shrinks. "...when two laborers are after one employer, wages fall, but when two employers are after one laborer, wages rise..."

There is the fix on fixing poor people paid poorly by their masters who can pick in choose which slave to whip into blind obedience.

Who are the masters?

"Plaintiff admitted that it, in combination with the Federal Reserve Bank of Minneapolis, which are for all practical purposes, because of there interlocking activity and practices, and both being Banking Institutions Incorporated under the Laws of the United States, are in the Law to be treated as one and the same Bank, did create the entire 14,000.00 in money or credit upon its own books by bookkeeping entry. That this was the Consideration used to support the Note dated May 8, 1964 and the Mortgage of the same date. The money and credit first came into existence when they created it. Mr. Morgan admitted that no United States Law or Statute existed which gave him the right to do this. A lawful consideration must exist and be tendered to support the Note. See Anheuser-Bush Brewing co. V. Emma Mason, 44 Minn. 318. The Jury found there was no lawful consideration and I agree. Only God can create something of value out of nothing."
STATE OF MINNESOTA
COUNTY OF SCOTT
First National Bank of Montgomery, Plaintiff
vs
Jerome Daly, Defendant.
December 9, 1968

A few people operating from a Monopoly National Debt Interest in Central Banking Fraud, a Special Interest Group, have the exclusive power to fill their Bank Account with any amount of CASH (in any form) they want, and they have been doing so with impunity since at least 1913, and their kind (no the same individuals today as in the past) have been in power and out of power since 1789 in America.

"First in the importance of its evil influence they considered the money monopoly, which consists of the privilege given by the government to certain individuals, or to individuals holding certain kinds of property, of issuing the circulating medium, a privilege which is now enforced in this country by a national tax of ten per cent., upon all other persons who attempt to furnish a circulating medium, and by State laws making it a criminal offense to issue notes as currency.

"It is claimed that the holders of this privilege control the rate of interest, the rate of rent of houses and buildings, and the prices of goods, – the first directly, and the second and third indirectly. For, say Proudhon and Warren, if the business of banking were made free to all, more and more persons would enter into it until the competition should become sharp enough to reduce the price of lending money to the labor cost, which statistics show to be less than three-fourths of once per cent. In that case the thousands of people who are now deterred from going into business by the ruinously high rates which they must pay for capital with which to start and carry on business will find their difficulties removed. If they have property which they do not desire to convert into money by sale, a bank will take it as collateral for a loan of a certain proportion of its market value at less than one per cent. discount.

"If they have no property, but are industrious, honest, and capable, they will generally be able to get their individual notes endorsed by a sufficient number of known and solvent parties; and on such business paper they will be able to get a loan at a bank on similarly favorable terms. Thus interest will fall at a blow. The banks will really not be lending capital at all, but will be doing business on the capital of their customers, the business consisting in an exchange of the known and widely available credits of the banks for the unknown and unavailable, but equality good, credits of the customers and a charge therefor of less than one per cent., not as interest for the use of capital, but as pay for the labor of running the banks.

"This facility of acquiring capital will give an unheard of impetus to business, and consequently create an unprecedented demand for labor, – a demand which will always be in excess of the supply, directly to the contrary of the present condition of the labor market. Then will be seen an exemplification of the words of Richard Cobden that, when two laborers are after one employer, wages fall, but when two employers are after one laborer, wages rise. Labor will then be in a position to dictate its wages, and will thus secure its natural wage, its entire product.

"Thus the same blow that strikes interest down will send wages up. But this is not all. Down will go profits also. For merchants, instead of buying at high prices on credit, will borrow money of the banks at less than one per cent., buy at low prices for cash, and correspondingly reduce the prices of their goods to their customers. And with the rest will go house-rent. For no one who can borrow capital at one per cent. with which to build a house of his own will consent to pay rent to a landlord at a higher rate than that. Such is the vast claim made by Proudhon and Warren as to the results of the simple abolition of the money monopoly.

Benjamin Tucker, State Socialism and Anarchism:
HOW FAR THEY AGREE, AND WHEREIN THEY DIFFER, 1888

NOT NEWS