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Richard C. Cook
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We Hold These Truths: The Hope of Monetary Reform Paperback – December 4, 2008

by Richard C. Cook (Author)
4.1 4.1 out of 5 stars 8 ratings
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In the wake of this U.S. economic meltdown, the mainstream population faces four possible futures: 1. Adjust and accept diminished prosperity, in a life that includes two or three part time jobs, a perpetual job search in a declining economy, nd the need to share housing with extended family or even strangers. And by the way, plan to join the underground economy. 2. Jump on the bandwagon of a new international war! Hey, World War II got us out of the post1929 depression, why not try that strategy again? 3. Prepare for chaos in the streets and a rightwing response of martial law and the suspension of our core doctrine the Bill of Rights. or 4. Join a real and positive revolution to reform a broken monetary system, rebuild our public infrastructure, and develop an income assurance strategy that gives everyone a chance at a future that provides for life, liberty, and the pursuit of happiness. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake up homeless....The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. Thomas Jefferson, writing to the Secretary of the Treasury in 1802
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  1. Print length
    280 pages
  2. Language
    English
  3. Publisher
    Tendril Press
  4. Publication date
    December 4, 2008
  5. Dimensions
    5.5 x 0.75 x 8.5 inches
  6. ISBN-10
    098021906X
  7. ISBN-13
    978-0980219067
  8. See all details
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About the Author

Richard C. Cook is a government analyst who, after thirty-two years in government service, retired from the U.S. Treasury Department in January 2007. While at the Carter White House, Cook began his study of monetary reform. During his twenty-one years with Treasury, he continued his study of U.S. monetary history, analyzed Treasury financial and administrative programs, and developed and taught training programs on public finance. In February 2007 he wrote the first of a series of essays that predicted the brutal economic landscape of Summer 2008.

Product details

  • Publisher ‏ : ‎ Tendril Press (December 4, 2008)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 280 pages
  • ISBN-10 ‏ : ‎ 098021906X
  • ISBN-13 ‏ : ‎ 978-0980219067
  • Item Weight ‏ : ‎ 1.01 pounds
  • Dimensions ‏ : ‎ 5.5 x 0.75 x 8.5 inches
  • Customer Reviews:
    4.1 4.1 out of 5 stars 8 ratings

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Richard C. Cook

Richard C. Cook

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Customer reviews

4.1 out of 5 stars
8 global ratings

Top reviews from the United States

Robert McLendon
5.0 out of 5 stars Well done
Reviewed in the United States on September 20, 2010
Verified Purchase
I'd say this is one of the most important books written in recent history. Having read "The Lost Science of Money" and "Web of Debt", I already knew what a scam the FED is but the solutions contained within this book were new to me. This is a well thought out answer to our country's problems. The question that goes unanswered is- Are we smart enough to do something about the collapse of our debt-backed monetary system or are we too corrupt to avoid an inevitable Depression?
3 people found this helpful
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GA Seydack
3.0 out of 5 stars Yet another conspiracy theory on money
Reviewed in the United States on February 10, 2019
Verified Purchase
Don’t worry, though, just join the author into believing that God will deliver us from evil. The book contains some insights, but not what I had expected based on the author’s professed experience.
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R Nieffenegger
4.0 out of 5 stars Excellent Buy
Reviewed in the United States on January 14, 2013
Verified Purchase
THE PRODUCT MET MY NEEDS AND IS QUALITY MEETS ALL COMPARISON OR SIMILAR ITEMS. EASY TO CARRY AND CAN ANYWHERE.
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Stephen R Brown
5.0 out of 5 stars Well Written and Solid Plan
Reviewed in the United States on July 2, 2013
Verified Purchase
The author nails it. Trouble is we live in a society not really interested in real solutions. This book lays out what would work. Trouble is the ideas in this book do not serve the interests of Multi-National Corporations and other monied interests running Western Cultures in the 21st Century. I salute Mr. Cook for writing what I consider the definitive treatise on what should be our Economic system in the United States.
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Robert L. Schmitz
5.0 out of 5 stars Dissonance In Monetary System
Reviewed in the United States on May 21, 2014
Verified Purchase
Cook is insightful and has a sound grasp on the need for real monetary reform. Our response to the 2007 crisis leaves us vulnerable to a deeper catostrophic event. I am still seeing empty bank-owned homes in our area while we had 250 people sleeping on the floor at our local shelter this past winter. There is somthing wrong with this picture.
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Helge Nome
5.0 out of 5 stars A Path To Economic Sanity
Reviewed in the United States on April 4, 2009
Verified Purchase
In this book Richard Cook shows how we are being manipulated into debt slavery by some ruthless people. He also points to a path out of that slavery. Highly recommended
Helge Nome
2 people found this helpful
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David Kendall
5.0 out of 5 stars Essential Material
Reviewed in the United States on April 26, 2010
"We Hold These Truths: The Hope of Monetary Reform" by Richard C. Cook is an essential toolbox for anyone who is concerned about the economic condition of our nation and our world. Having learned so much from reading this book, I am obliged to give it my highest recommendation.

Written by a 20-year veteran in project management for the US Treasury Department, "We Hold These Truths: The Hope of Monetary Reform" provides readers with a detailed history of monetary policy in the United States and a front-row seat at the bubble-to-rubble disaster that has characterized American economics for more than a quarter century. Many thanks to Richard C. Cook for delivering all this technical analysis in very plain layman's terms that anyone can understand, instead of resorting a lot of professional jargon. Bravo!

I was particularly impressed with Chapter 15, "Concepts Progressives Must Know". This is an invaluable quick reference for understanding the functions and dysfunctions of the American monetary system from its inception until now. Cook provides a wealth of information here with a concise and logical flow, which very effectively summarizes the in-depth analysis covered in previous chapters.

Based on a career in public finance, including work in the Carter White House, Cook concludes that credit should be treated as a public utility, not a private playground for the financial elite. Instead of private banks driving whole societies irretrievably into debt by lending money into circulation that must be repaid with interest, he maintains that governments should spend interest-free money directly into circulation based on annual production values. One step further, Cook recommends a national dividend, including a Basic Income Guarantee for every US citizen regardless of employment status, to eradicate poverty, debt-slavery and the pestilence of unemployment.

These are practical applications of monetary policy that proved to be essential during pivotal periods in US history, not theoretical ideas plucked out of thin air. Moreover, these policies do not inherently yield unlimited power and control to a tiny minority of extremely wealthy financiers. Hence, this group typically responds by manipulating legislation to eventually regain control of the monetary system, thereby enslaving the rest of society to an endless cycle of debt.

What can we, the people, do to prevent this cycle of insanity and corruption from constantly repeating itself? "We Hold These Truths: The Hope of Monetary Reform" by Richard C. Cook is a critical resource for people everywhere who are fed up with economic crisis and who are interested in a viable route toward financial stability and economic democracy worldwide.
9 people found this helpful
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Starlake
5.0 out of 5 stars Important book for today!!!
Reviewed in the United States on April 29, 2009
This is an amazing and important book for our times. Richard Cook has hit the nail on the head with regards to the causes of our current economic crisis. He also offers historical proof that a better way exists. I recommend this book highly! However, why it takes 1 to 2 months for Amazon to send it is a mystery that needs to be solved.
3 people found this helpful
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