The
amounts of money that benefit the financial class by maintaining our current
"debt based" money system is staggering. According to the US Treasury, the
amount of interest we have paid on the " Debt
Outstanding " since 1988 is more than $8.2 trillion. To better understand
the scope of that figure, that would be $8,200 billion! Our interest payments
on the debt are projected to continue to grow if nothing is changed. Can you
imagine what could be done for our nation with all that money? Education,
healthcare, infrastructure, space exploration, alternative energy sources, research
& development, lower tax rates, to name just a few. Add to that the fact
that with huge debt overhang, we would not be at the mercy of the global
bankers in this time of economic crisis. In fact if we eliminated fractional reserve lending ,
and had a "wealth based" money supply, there would be no crisis.
We
need to start laying down the foundations of a movement BEFORE the inevitable
next economic crisis hits us. People need to become aware that in the past we
had a better system. This can be accomplished through education, independent media,
and word of mouth. It is time to end the illusion that our current "debt based"
system works for the benefit of everyone.
James
Madison wrote in 1789, "That the people
have an indubitable, unalienable, and indefeasible right to reform or change
their government whenever it be found adverse in inadequate to the purpose of
its institution." How can patriots
allow such a system to continue to exist? I would encourage people to take a
break from mass entertainment and to become more familiar with the concept of a
"wealth based" money system. These are some good places to start:
The free YouTube video: "Secret of OZ",
by Bill Still http://www.youtube.com/watch?v=swkq2E8mswI
Review: Having private
banks create money is the root economic cause of world poverty, ignorance,
hunger, and much preventable disease. We can fix this. We can fix it in a
matter of months -- a year at most -- if we have the will. We can make our
government the most financially sound in the world -- nearly overnight. All we
have to do is to take back the power to create and control the quantity of
money from private banks (including the privately-owned Federal Reserve banks)
and put that power back into the hands of the Congress of the United States
where it was under Presidents Jefferson, Jackson and Lincoln.
The book: "The Web of Debt" by Ellen Brown
http://www.webofdebt.com/
Review: Ellen Hodgson
Brown may have done the impossible. She wrote a book about the most stupefying
subject in the world - money, where it comes from and how it is manipulated -
and made it readable, compelling, even suspenseful. Web of Debt is a
page-turner that explains the origin of the Federal Reserve, the functioning of
our money supply, currency speculation, capital flows, and the rest. As you
read, interest grows like a Wall Street bonus package.
The book: "Modern Money Secrets" by Byron
Dale
http://www.wealthmoney.org/modern-money-secrets/
Review: For the first time ever, I see a potential
solution to our debt black hole. Most
financial "experts" don't get it. The
Ivy League ones get lost in flawed neoclassical economics so they can't see the
obvious, and the ones wearing suits on TV are just propagandists. Byron makes it real clear: no money gets into
circulation without going into debt to a bank.
There is no other source. The
United States issues no sovereign money!
Therefore Americans are not free people.
It is time for us to admit the truth and either do something about it,
or stop blowing up stuff on the 4th of July believing a myth.
The organization: The Public Banking
Institute
http://publicbankinginstitute.org/
Since its founding little more than a year ago, the
Public Banking Institute has become a significant force that is helping to turn
banking and finance away from fraud and predation back toward their intended
objectives of promoting general prosperity and the common good. According to
the PBI website, PBI's vision is to establish a distributed network of state
and local publicly-owned banks that create affordable credit, while providing a
sustainable alternative to the current high-risk centralized private banking
system. (beyondmoney.net)
The organization: American Monetary
Institute
http://www.monetary.org/the-need-for-monetary-reform/2009/09
The power to create money is an awesome power -- at
times stronger than the Executive, Legislative and Judicial powers combined.
It's like having a "magic check book," where checks can't bounce. When
controlled privately it can be used to gain riches, but much more importantly
it determines the direction of our society by deciding where the money goes --
what gets funded and what does not. Will it be used to build and repair vital
infrastructure such as the New Orleans levees and Minneapolis bridges to
protect major cities? Or will it go into warfare and real estate loans creating
the real estate bubble -- leading to a crash and depression.
Rudy Avizius
http://www.endtheillusion.org
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