Public Banksters - Part X
Ya know, there're times when I wonder how deep the stoopid goes with secessionists like Gary Flomenhoft and his kinda newish allies in the national public banking movement. Do his public banking colleagues have any idea as to who this asshole really is? And why didn't they do their homework before hooking up with the the faux economist and promoter of the junk, failed and bankrupt economic hokum of Henry George.
Their bill to establish a state run public bank, S. 204, died in the Senate Finance Committee in part because of its reliance on falsehoods presented in a report written by Flomenhoft in his role as a propagandist for the Gund Institute and the Vermont secessionist goal of withdrawing from the economy of "The Empire." Here's how the Vermont public banksters are framing the narrative at Jim Hogue's Vermont Bankster Partnership website of their complete failure to advance a public banking bill to any degree in the Vermont legislature:
March 26 UpdateBased on the past "successes" of secessionists Hogue, Flomenhoft and the publisher of the Vemont secesher hate blog, Rob Williams in the pursuit of a breakaway republic of Vermont, it's fair to conclude that these hoople heads will deliver in appreciably the same way - much ado about nothing.
"The Senate Finance Committee did not advance S.204 by the deadline for crossover on March 21. [Ed. Note: Crossover date was March 14 for non- budget items and this bill was not included in the state budget] That means the bill is effectively dead for this session of the legislature. At the one and only hearing on the bill held by the Finance Committee, Chris D’Elia, President of the Vermont Bankers Association, the (Vermont) State Treasurer (Beth Pearce) and the CEO of VEDA, all opponents of a state bank, and Anthony Pollina, who is a supporter of a state bank were asked by the committee to testify. People who had worked on the town meeting campaigns had to practically beg to be given an opportunity to testify."
"The Government Operations Committee (sic) had previously taken testimony on the bill and sent a memo to the Finance Committee urging them to adopt the 10 Percent for Vermont Program and move 10 percent of Vermont’s unrestricted funds to VEDA which would use it to foster economic development and renewable energy initiatives and to create the authority described in S.204 to continue to look into the creation of a state bank." [Ed. Note: Untrue; this is just public bankster fluffing of what the legislative process used means. This meme weaving is so lame that the writer didn't even get the name of the committee - the Vermont Senate Committee on Government Operations - right. This inattention to detail and real facts is also a fundamental weakness and flaw of the "study"
manufacturedmade up by Hogue's colleague, Gary Flomenhoft.]
"In spite of the fact that the bill died in the Finance Committee, support for a state bank has been steadily growing. [Ed. Note: There is no factual basis for such an assertion. There has been no polling done that would scientifically support such a statement. The writer's engaging in wishful thinking, at best, and can provide no real proof for such an opinion.]. We will continue with efforts to increase support to the point where the powers that be can no longer continue to ignore us. [Ed. Note: Again, untrue; "the powers that be," that is, the elected representatives of the people, a station never even remotely achieved by the many secesher aspirants to legislative and statewide offices, did not ignore this citizen request for self-serving legislation. The senators properly received it, properly reviewed the representations made by the proponents, and then properly let such a faulty bill die in committee.] Keep checking for what we are up to [I will.] and ways that you can become involved. We will also continue to send updates containing more reasons why we need a state bank and events concerning our efforts."
One can't help but wonder why the national public banking proponents have thrown in their lot so firmly with such an unsuccessful group like the Vermont seceshers whose track record is so awful. It says much about the thoughtfulness of those running the national group.
Note: in recent months the Vermont seceshers have been scrubbing their websites of some of their more egregious, hateful posts. Of more immediate interest is that the website created by Flomenhoft for his seditious group, the illegally re-constituted Vermont Council of Censors that I reported about nearly three and a half years ago and have also reported on in this "Public Bankster" series has now been taken down. Ever the internet bonehead, Flomenhoft seems unaware that his crappy website and its links are readily available here.
Finally, the perennial "find Rowley" search has been underway again during the past few weeks. Must be that the Public Banksters series has gotten a few knickers into a twist. I hope the searchers won't be too surprised to learn that they too can be spoofed by e-breadcrumbs. Or that at the length truth will out, no matter what.
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
For the archive of the Free Vermont Framework listserv, click here.