Hijacking Reforms

Hijacking Reforms, by Jere L Hough

The Money-Powers (Wall Street & City of London financiers, bankers, and corporations) that are creating the new world economic order are winning their battle.  They may have already won it.  The last step is to create rebellion and revolutionary chaos in the USA, and destroy the Obama administration, and any vestiges of representative government we actually have left.

The militant and authoritarian extreme right has all of the money and media on its side of the ledger, and they are winning the war for the minds of the people.  Make no mistake.   This is not a new war.  It has been going on for thousands of years, and been ratcheted up in the last two or three hundred, and several times since then.  We are now in the final, or nearly final stage.  Soon representative governments will be a memory.  At least this will be so for governments that represent the people.  Huge corporations and the billionaires behind them will be well represented.

There will also be several tiers of supportive ranks of entrepreneurs, managers and high-ranking government and military personnel who will do well.  But the vast bulk of humanity will be either enslaved on some physical or economic level or allowed to starve, drown, or be otherwise thrown away or exterminated in some fashion, from wars, famines, diseases, and any number of other horrors.

This is obviously not a pretty picture, and I wish I didn’t have to describe it.  But it is all but inevitable now.  Why?  I could explain that in many ways, but perhaps the simplest is to say that the “Tea-Baggers” have “hijacked” the reform movements, and are winning false reforms.  That is to say that the radical fascist wealthy elite right has succeeded in not only capturing all the means of production and distribution in our culture, but the production and distribution of information and education as well.  At least they now have enough of it to sway and hypnotize the ignorant masses any way they choose.  The “Tea-baggers” are right wing frauds that have hijacked the reform movements begun by writers and activists like me and other money reformers.  The “Tea-Baggers” are the visible marching throngs of people who have been warned that we must really take back our government and our money.  They are only one group out of thousands that are acting like reform groups but are really funded and organized by those now in control, and who want to see fake and phony “reforms” that leave things in their control, or more so.  Beware these “wolves in sheep’s clothing”.  Jesus did not use that phrase lightly or without cause.  Those that simply want to tear down or destroy legitimate elected governments are among the worst of these pseudo-reformers.

And ignorance is also a huge key.  People have been kept so busy earning a living, caring for their families, or amusing and entertaining themselves that they have failed to inform themselves of the historical, philosophical, social, spiritual and economic principles that form the basis for lasting and successful civilizations whose citizens are capable of governing themselves responsibly.

So the US Constitution our forefathers though provided adequate checks and balances against fatal accumulations of power failed to provide for economic checks and balances.  Wealth and power were accumulated and aggregated into the hands of a few who eventually used corporations, cartels and syndicates to replace the power of the people with their own wealth and money powers.

This, of course, is the short version of the story.  Very long books have been and will be written to supply all the sordid details.

This writing has another point, and an important one.  It is that during the past several hundred years, bankers and financiers who own the interlocking networks of corporations that now rule our world have been waging a massive propaganda war against governments. This war has been especially vicious against democratic or republican representative governments. The reason for this is that only the “people-power” of a strong middle class can protect a society against the aristocratic tyranny of money and wealth.

It is essential that the reader grasp this point.  Vast inequalities in the distribution of wealth create an aristocracy far stronger than any that existed by royal bloodlines in the past.  Free markets cannot exist in the midst of such concentrations of economic power.  They have not existed for a long time now, except in the mythologies the power-brokers spin out to the people, via their corporate mainstream media.

Let me repeat it another way.  Political democracy cannot be sustained without some degree of economic democracy.  This does not mean everyone should make the same wage, or income.  That is a ludicrous idea used to attack attempts to bring economic fairness and justice into the marketplace of ideas.  Industry, education, initiative and creativity should always be rewarded.  These incentives should never be removed, just as concepts of private property should never be abandoned.  However, the economic playing field cannot be sustained when it is a skewed as it now is toward the unrestricted accumulation of wealth and power.

The only real power capable of standing up to the power of wealth is a government of, by and for the people.  That is precisely why the war has been waged to destroy such governments, and why that war is at a fever pitch right now.   Your government has almost, but not quite, been taken over by the money powers.  Whether that happens of not depends on you, and your choices – right now.

The task of the people now is to reclaim its government.   Reclaiming the sovereign right of governments to create and regulate money would be a great place to start.  That means absorbing the privately owned Federal Reserve System into the US Treasury while simultaneously overhauling that government agency.  The US Treasury and all banking operations should be totally transparent to the people and to government oversight and responsibility.  Money could even be created at state government or regional economic levels.

However, the purpose of this paper is primarily to warn people that they are being confused, divided, and conquered.  All predators operate this way.  However the predators we are dealing with are also parasites.  Parasites often end up killing their hosts, and that is happening here.  Wall Street financiers and bankers are not part of the “real economy” of our nation.  Only people who make or create things actually produce real wealth.  Bankers and financiers create “phantom wealth” or paper wealth that always sooner or later bubbles to far and then bursts.   You are being told that your government is your enemy, and all we need do is “take down” the government, and put another, better one in its place and viola!…everything will then be peachy-keen.

If you’ve bought into this lie you’ve been had by the propaganda machine, and need to separate yourself from the Matrix.  You are cheering on Senator Palpatine!  Is that your desire?  Star Wars the movie showed us how entire planets or even systems of planets can be deceived into falling into the dark side.  Yet that is what we are in danger of doing.

Let me repeat.  Government is the only agency that even remotely represents the people of the USA.  It is big money, unregulated power, and nearly unlimited accumulations of wealth that has co-opted your government, and corrupted much of it over to the dark side.

You are being convinced that President Obama has been co-opted, and must be defeated, but I suggest that is the propaganda the dark side wants you to believe in order to bring down all that stands in their way.  They are painting Hitler hair and mustaches on signs of the president.  They are smearing and lying about him and the government and I see these tactics working.  Don’t allow it to happen.  Criticize Obama or his administration all you want.  Honest criticism is the duty of a patriot.  Just make sure you don’t destroy our representative government along with the criticism.

The Money-powers are doing their best to shift the blame fro the economic collapse away from themselves, where it rightfully belongs, to the newly arrived Obama administration.  We wrote about this happening way before Obama was elected, or even got the party nomination.  We foresaw it years and decades ago.  I wrote of this happening when Reagan was bring his supply-side “Voodoo Economics” and de-regulation policies 30 years ago.  De-regulation in general and the repeal of Glass-Steagal in particular allowed the derivatives games and credit default swaps that causes the giant losses that brought down the financial system.  And the unwinding is just beginning.  There is no recovery in process, except that which is being bought on Wall Street with your taxpayer bail-out dollars.  Many more waves are coming over many more years, even under the most far-sighted management of our economy.

But real money reforms along with government reforms could work miracles in a few short years.  But heed my warnings.  Economists, bankers and their accountants and lawyers must not be allowed to direct these financial and government reforms.  That is the fatal mistake I see in our immediate future.  It is once again putting the foxes in charge of the henhouse.  The wolves must not be allowed to guard the sheep!

Review:

• The right wing money powers who are building the new economic world order have hijacked the legitimate calls for real financial and government reforms, and are calling themselves “Tea-Baggers” among other progressive-sounding or patriotic names.
• Blame for the economic collapse lies squarely with Wall Street and the international cabal of bankers: the IMF, BIS and World Bank, along with all major central banks owned by private stockholders.
• Those criminals who have perpetuated the largest crimes in history are desperately trying to shift the blame to “government” – all governments.
• First they corrupt the government to profit from that corruption, then they pass the blame off on the government they bribed and corrupted.  We must find ways to separate the elections process from the money powers.
• We must also find ways to reduce the obscene disparities in wealth and resources, and better compensate labor for its contributions to the aggregate wealth of the planet.
• We must not allow rage and anger to destroy hundreds or even thousands of years of the progression of civilization.  We must find ways to extend representative government to more citizens without destroying what we have achieved.
• We must keep our would-be masters and controllers from putting a “new face” on the evil that has been done over years, decades and centuries by the Moneychangers and financiers.  The scapegoat they are trying to use now is President Obama.
• Follow the money.  Ask, who benefits?  Find out where the money is coming from and where it is going.  We must find ways to break up monopolies and trusts that are “too big to fail”.  Too big to fail is too big to exist.
• We have think beyond old stereotypes for our economies if they are to work for everyone.  We may need to rethink the public/private divide and have communities assume ownership of natural monopolies.  We have to find new ways to make monopolies accountable to the people.
• We must never underestimate the lure of unlimited and unregulated power.  That really is the lure of the “dark side” from which our forefathers wished to protect us.  They left the back door of economic and money power open to the usurpers and usurers.
• The only safe repository of power is with the people in the aggregate, and in just and reasonable laws – legislation.

Personally I think it would be a good idea to call a constitutional convention every 40 or 50 years, or even more, if it could be done with just representation.  Just representation is the key to it all.  I may post this and then follow up with footnotes and references where needed.  70 years of living research went into this paper.  It is freely given for your best use.

Jere L Hough

A Response to AMI on the State Banking Issue

This is a response by Money Reformer , Jere L Hough to the AMI criticism of state banking reform proposals, primarily being advocated by Dr. Ellen H Brown, JD, author of “Web of Debt”,  currently the most popular book available on money reforms.

My responses to AMI’s assertions are [bracketed].

______________________

AMI’s Stephen Zarlenga writes:

August 16, 2009

Dear Friends,

As you know the states are in terrible financial condition, cutting back on necessary programs, laying off people and raising taxes. This has been the case for several years, and thanks to the banking crisis has reached horrific levels in some states. This is the time – an opportunity to push for real reform, such as the American Monetary Act. But instead, ill advised suggestions have recently been circulated on the internet that the states go into the banking business to solve or lessen this problem. The American Monetary Institute concludes that these suggestions, though they may be for well meaning purposes, are bad ideas for a lot of reasons as described below. People involved in real monetary reform understand that the private creation of money through what amounts to a fractional reserve accounting system is at the heart of the monetary problem which has plagued humanity and has now brought down the world economy. That vicious system by which money is created in our society must be reformed, not imitated. But there is no reform whatever in the proposal for states to enter the banking business.

[Response:  ***On the contrary, people involved with “real monetary reform” understand that what is an “ill-advised” idea is that ALL money reform efforts must all be focused in one direction by one group.  Our current system is a predatory one that is destroying our civilization, one loan at a time.  But we all agree on that point.  It is not exclusive the AMI, no matter how excellent your role has been in bringing this matter into the open.  We agree that this is the time to push for real reform. However the bankers are pushing back, and when it comes to money-muscle, we have no chance to win with the hand we are dealt.  What we need is promotion and education on all fronts, from the most local to the national and international.  And it is simply wrong to say there is “no reform whatsoever” in the state banking proposals.  It is a start, and a foot in the door.]

America: A Nation in Crisis

The USA is a nation in dire crisis, and I conservatively estimate that not one person in 1,000 (perhaps 100,000) is aware of the cause of our disease.  That means far less are aware of the proper cures.  Not knowing the cause, all the frantic efforts to “fix” the “system” only add layer upon layer of confusion to an already complex problem.  If this were a medical case, all the so-called “cures” would be killing the patient even faster than the underlying disease, which in itself is quite deadly enough.

In a word, our underlying problem is a fatal flaw in our controlling master legal document: the U.S. Constitution.  This flaw allows a “back door” for those who wish to exercise power over others to gain unchecked monopoly power though an “end run” around the constitutional safeguards commonly thought of as “checks and balances” in our system.

More specifically the “fatal flaw” is in the specifics of the mechanisms of money creation, control and regulation.  The loosely worded language allowed private, monopolistic banking powers to gain control over the US Treasury via it’s semi-governmental arm, The Federal Reserve System, established in 1913, and whose governing board is called “The Fed”.

It it far beyond the scope of this article to detail all the ways and means by which this was accomplished, but I can refer the reader to an exhaustive list of resources that leave no doubt of the truth of what is written so far above.  The references are all over this website, but will be listed again at the end of this article.

The process of replacing the authority of monarchs (kings, queens, emperors, dictators and other forms of tyrants) with more diverse and representative governments began far back in human pre-history, but for the purposes of our current Western Civilization of English-speaking citizens, historians tell us it goes back to the Magna-Carta.  In reality, rulers always had to fear rebellions if their tyranny went too far.  Power generally had to be shared with priests, temples, and religious leaders, and the heads of religious orders were often the temporal leaders themselves, or priest-kings and queens.

Monetary Reform: What needs to be done

Monetary Reform: What needs to be done

Jere L Hough

Refuting the “Gold Standard” Proposals

Once people accept the compelling premise that our dysfunctional monetary systems need to be reformed, the most popular solution, by far, is the cry for a return to the gold, or gold and silver, or some other precious metal base, like platinum.  The case for doing so is so flawed that it is an instance of “the cure being worse than the disease”.

This essay will be an examination of the solutions to the monetary crisis, which is in turn leading to an economic catastrophe, or series of disasters the likes of which our world has never previously experienced.  Excellent books, videos, websites, and articles have more or less accurately outlined or detailed how we, the people, were suckered into the high stakes confidence game that got us in this predicament.

The biggest question, or issue to be determined now, as in the past 230 years, is this one:

Should money be created, issued and regulated by public or private entities?

This is the “mother” of all controversies surrounding the history of money, and reaches back as far as can be traced.  My investigation has revealed that there has been a massive campaign of misinformation and negative anti-government propaganda that reaches back to Colonial America, and even further back into European history.  It’s the story of how private bankers became the central bankers to the Monarchs of Europe as well as financiers of many of the revolutions against those Monarchies, including those by Napoleon and the Bolsheviks.  In the USA the struggle for private Vs public money creation began with the colonial governments, the money exploitation by King George leading up to the American Revolution, the Continental Congress and the drafting of the Constitution.  The two sides were epitomized by the ideas of Jefferson, Franklin, Paine, and Madison versus Hamilton, and the private Bank of England model.   Over time Hamilton and the Bank of England vision prevailed, even though we give much philosophical lip service to Jeffersonian ideals.

Progress and Poverty, by Henry George: A Review

Subtitle: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth: The Remedy

I’ve just nearly finished another reading of Progress and Poverty, by Henry George. This time, instead of the unabridged fourth edition, which I’ve read several times, I’m using the simplified edited and abridged version by Bob Drake, published by the Schalkenbach Foundation.

This last simplified version lacks some of the poetic beauty of George’s original verse, but it is also far easier for those who want to initially expose themselves to his revolutionary and progressive ideas to comprehend and assimilate.

I am once again impressed that this self-educated man was one of the handful of greatest thinkers our world has ever produced. By 1879 he had recognized economic laws and principles that the greatest of western political economists had not seen, and still have not seen to this day.  If there is a greater thinker and writer on political and socioeconomic issues in the past 300 years, then I want to read him or her!  It is not Adam Smith, David Ricardo, John Stewart Mill, Karl Marx, Keynes, Freidman, Galbraith, Samuelson, or even Stiglitz.  I have read them all, and all have made their contributions and impacts.  None approaches the clarity and wisdom of George. I suspect that much of his keen perceptions were a result of his self-study; he was not invested in any pet theory or philosophy except the pursuit of universal truth as it relates to economics.

Henry George is the Isaac Newton of economic thought. One day this will be self-evident and universally recognized. For the time his great and potentially lifesaving insights will have to await economic catastrophe and collapse before they are widely seen for the enormous truths they contain.

Act for a Change: Vote for Change YOU Want

A call for action:

Not many opportunities for real change come along.  President Obama has asked for input from the public citizenry on ways to improve our US government.   I spent some hours there yesterday and today, voting and commenting on dozens of proposals, many of them of critical importance, IMO.

I’ve spent years working on what I believe is the root cause of all of the world’s greatest evils: MONEY.  The money creation process, now in private hands, must be transferred to the public domain.  Even if you are not familiar with this issue, or think is is above your pay grade, I urge you to visit the site and read the short proposal and the comments.  Then I hope you will vote your approval of the idea.

You should know that this money proposal only returns to congress the authority given them by our US Constitution, Article 1, Section 8.  Congress gave this authority away in 1913 to the Federal Reserve, a PRIVATE banking system, by trickery and deceit.  This act has cost the American people trillions of dollars in needless interest on our national debt since then.  Now it is on the verge of bankrupting our nation, to the great profit of the international bankers who hold most of our debt paper.  This is the prime cause of all other problems in our nation, and in the world.  Everything relates back to it.  Wars, poverty, hunger, pollution…Everything.  Please read it and vote.

http://opengov.ideascale.com/akira/dtd/3648-4049

There are many other good proposals there also.  If you have time, look through the pages by category or popularity.  I will hopefully follow this note up with a brief summary of a few other great ways that our government could be changed for the better.

I know you will do the right thing.

Jere L Hough

(Kansas City Metro Area)

Recommended:  http://webofdebt.wordpress.com

A message of truth to Sibel Edmonds

A message of truth to Sibel Edmonds on 3rd Party Voting:  Lesser of Two Evils or Wasted Vote?

by Jere L Hough

Sibel Edmonds is one of my heroes.  She is a whistleblower and a truth-teller.  I honor her as I would someone who gives all, even life itself, in support of eternal values such as truth, goodness and beauty.  I hold her and all who honor truth in the same high esteem that many hold Mother Theresa, right up there with the saints and heroes of history.

Sibel asked a question about voting for 3^rd or 4^th party candidates in America, and whether of not voting for someone who might only get a small percentage of the vote was the right thing to do.   She feels that it is not correct to vote for “the lesser of two evils” when both major party candidates are bad, or do not represent her positions.

I can relate.  I can sympathize.  I understand the rationale.  But I do not agree.

I have heard this issue argued so many times, and have addressed it so many times, that I will now post it on my blog site, so I don’t have to keep going over and over this same ground for the few years that I may have remaining here, should that be God’s will.  I am in my seventies, and have long endured chronic health problems.  I wish to pass on what little light I have attained without undue repetition.  I hope some people read it, and comment, or give their thoughts on the subject.

The answer Sibel leans to is to vote for the best candidate regardless of the situation or the field or the parties or the percentages.  She praised one answer that said something to the effect that ‘as long as one votes for the best possible candidate nobody can fault that choice’, regardless of whether the person voted for can win or not.  She seems to thing that kind of clear moral conviction is right.  Even ‘writing in’ the best candidate is the ‘right thing to do’ according to this line of reasoning.

I’ve heard so many good people make the same argument.  On first glance it seems faultless.  Who could criticize one’s casting a vote for the “best candidate”?  But let us look more closely.  Is voting for the best possible candidate regardless of chance of winning the best policy?  Of course not.  In most cases it is a totally wasted vote.  Here is why:

It ignores the consequences, or outcomes, of your choice.

It ignores the practical reality.  It ignores circumstances or the situation at hand.  The importance of an election is all about the outcome, the results.  It’s not about YOU or YOUR conscience, or smugly leaving the voting booth thinking that at least you didn’t vote for “the lesser of two evils”.  It’s about the consequences of you vote, and that depends of the wisdom of your choice in any given situation in evaluating outcomes.    Quite often that means making sure the worst possible choice  – the one who could do the most harm – is defeated, and kept out of power.

Tragedy and Hope – An Introduction

I recently found this review of the most important history book I’ve ever read.  It has also been the most suppressed.  I urge those who are concerned about our times to read it.  – JLH

Here is a link to the text of Tragedy and Hope

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Tragedy and Hope – An Introduction

By Michael L. Chadwick

In 1965 one of the nation’s leading professors quietly finished the last draft of a 1311 page book on world history. He walked over to his typewriter and secured the last pages of the book and placed them into a small box and wrapped it for mailing. He then walked to the Post Office and mailed the final draft to his publisher in New York City. The editor was somewhat overwhelmed and perhaps even inhibited by the scholarly treatise. The last thing he wanted to do was to read the huge draft. He knew and trusted the professor. After all, he was one of the leading scholars in the western world. They had been acquaintances for several years. He had already signed an agreement to publish the book before it was finished. He had read several chapters of the early draft. They were boring, at least to him. He decided to give the book to a young editor who had just been promoted to his assistant. The young editor was also overwhelmed but happy to oblige the Senior Editor. The young editor was unaware of the importance of the manuscript and of the revelations which it contained. To the young editor this was just another textbook or so he thought.

Somehow one of the most revealing books ever published slipped through the editorial of offices of one of the major publishing houses in New York and found it way into the bookstores of America in 1966.

Five years later I was meandering through a used bookstore and stumbled upon this giant book. I picked up the book, blew the dust off and opened it to a page where the author stated that:

“…[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. this system was to be controlled in a feudalist fashion by the central banks of the world acting in concert by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations….

“It must not be felt that these heads of the world’s chief central banks were themselves substantive powers in world finance. They were not. Rather, they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up and were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers (also called ‘international’ or ‘merchant’ bankers) who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks.  This dominance of investment bankers was based on their control over the flows of credit and investment funds in their own countries and throughout the world. They could dominate the financial and industrial systems of their own countries by their influence over the flow of current funds though bank loans, the discount rate, and the re-discounting of commercial debts; they could dominate governments by their own control over current government loans and the play of the international exchanges. Almost all of this power was exercised by the personal influence and prestige of men who had demonstrated their ability in the past to bring off successful financial coupes, to keep their word, to remain cool in a crisis, and to share their winning opportunities with their associates.”

I could hardly believe what I was reading. I sat in the bookstore and read until closing time. I then bought the book and went home where I read almost all night. For the next twenty-five years I traveled throughout the United States, Europe and the Middle East following one lead after another to determine if the incredible words of the professor were really true. While serving as the Editor of a scholarly journal on international affairs, Director of the Center for Global Studies and foreign policy advisor for a key U. S. Senator in Washington, D. C., I conducted over 1000 interviews with influential world leaders, government officials, military generals, intelligence officers, scholars and businessmen, including corporate CEOs and prominent international bankers and investment bankers. I went through over 25,000 books and over 50,000 documents. I learned for myself that the professor was telling the truth.

There really is a “world system of financial control in private hands” that is “able to dominate the political system of each country and the economy of the world.” I call this system the World Trade Federation. It is an ultra-secret group of the most powerful men on the earth. They now control every major international institution, every major multinational and transnational corporation both public and private, every major domestic and international banking institution, every central bank, every nation-state on earth, the natural resources on every continent and the people around the world through complicated inter-locking networks that resemble giant spider webs. This group is comprised of the leading family dynasties of the Canada, United States, Britain, Germany, France, Italy, Japan, Russia and China. This self-perpetuating group has developed an elaborate system of control that enables them to manipulate government leaders, consumers and people throughout the world. They are in the last stages of developing a World Empire that will rival the ancient Roman Empire.

The History of Money and Power

The history of mankind is really the history of power.  The unspoken part of this fact is that money and wealth (not the same things) are prime components of power.  Physical power is an important component, but knowledge and wisdom are equally important components.  Numerical superiority of a civilization or culture is a part of the physical component, but persons require sustenance, and so land, resources and production of food and goods (types of wealth) is needed to maintain numbers.  There must also be some mechanism of governments that administer, legislate and adjudicate among the people.

So the important components of national power are 1) Land; 2) Resources; 3) People; 4)Wealth (tangible and intangible): goods, services, products, produce, knowledge, ideas, inventions, industry, cultural, moral, ethical and religious strengths;  5) Governmental Organization: Physical structures of governance in local, regional, state, national and international tiers of legislative, judicial and executive (administrative) authority.

One might well ask, “What about the power of money?”  Doesn’t that fit in somewhere?   And that is what this essay will attempt to clarify.

“And remember, where you have a concentration of power in a few hands, all too frequently men with the mentality of gangsters get control. History has proven that. All power corrupts; absolute power corrupts absolutely. The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.” – Lord Acton

Lord Acton accurately defined the situation that few men today can fathom, yet ignore at their great peril.  The aristocratic, top-down private control of money must eventually clash with the ideals of political and social democracy.

Money is a rather nebulous and ill-defined substance in our world.  It has been kept that way deliberately by those who have traditionally wielded power, in order to perpetuate and extend their power, and deny real power to the people, or commonweal.

Money is a social or commercial convenience tool that temporarily serves as a substitute for wealth, in order to transfer wealth (goods, services, land, resources, labor) between citizens or corporate entities, such as cities and states.   Money is not wealth itself, although commodities that are used as money have commercial value, and are therefore forms of wealth.  We must repeat, money and wealth are not the same things, and those who pretend they are do so for purposes of personal gain and profit.  Bernie Madoff showed us how profitable monetary deception can be, and he was small potatoes if measured by the current poney powers.

Money is also not Capital, although the terms have been used interchangeably by people who should know better, and probably often do.  Economic terms are deliberately obscured, as noted economist John Kenneth Galbraith once noted:

“The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.

Sovereignty, and who has it, is the issue here.  Yet the word has almost been lost from popular dialogue, so vague has its meaning become in the minds of most citizens.  Sovereignty means the right or power of choice, or ultimacy of free-will choice.   Either men are free to choose for themselves, or someone else (a state, patriarch, or tyrant) will choose for them.

The entire human saga has been one to liberate man from some form of political or economic slavery or exploitation by other individuals or groups.  Had it not been for the age old campaign to keep people ignorant on the subject of money, our US Constitution might have been sufficient in its checks and balances on power to insure that the battle for real self-rule or self-governance might have been won.  It was indeed a partial victory, but the great unsettled question was that of money.  Who should issue, regulate and control the volume and value of the money was left largely unsettled.

It is true that Article 1, Section 8 of the Constitution reserves the right to issue (coin) money to congress, but it left many crucial issues undefined or unresolved.  Thus the first great divisive power struggle was over money, and the establishment of a private banking monopoly in the form of The First Bank of the United States.

Thus the views of Alexander Hamilton, who led the efforts to establish the bank, and Thomas Jefferson, who opposed it, became the nucleus for the two-party political system in the USA.  The Hamiltonian Federalists favored the private banking monopoly and eventually evolved into today’s Republican Party, while the Jeffersonian Democratic-Republicans opposed the bankers and a strong central government, and evolved into the Democratic Party of today.

The Ultimate Struggle: Big Banking Vs Gov’t of the People

The Ultimate Struggle:  Big Banking & Business, Vs Gov’t of the People.

Ready or not, its coming.

The ultimate human struggle on the material level of this planet will be between the people and the banks.  Put another way, it will be between a bottom-up democracy and some form of top-down despotic control, financial or otherwise.

Throughout mankind’s history some form of force or power has been used for the strong, violent and ruthless to dominate or control the meek, peaceful or virtuous.  Control of land, resources and forced labor have been common methods down through time.  Direct force or military power as a primary means of controlling the populace has now been largely replaced by the rule of law.  However, the laws themselves can be instruments of domination and control when written in ways that serve those who hold and wield power, even subtle forms of power.  Media power is one key to control public opinion.  Educational power is another key means of control.  Religious power is one of the subtlest forms of control over the masses.  Economic power is another.  The power of money in a capitalist society cannot be disputed.  One generally needs it for shelter, food and the other most basic necessities of life.

It is the power of money that has escaped from democratic control.  And it is the power of money that is growing exponentially stronger every day.  It may already be too late to contain or control it, without triggering an apocalypse.  That remains to be seen.  Many conventional scenarios are still possible, and although most of them are ugly, there remain a few innovative civilized and peaceful resolutions.

The scenario I’d most like to see is the peaceful grassroots populous clamor for money and banking legislation.  If we had fair and unbiased mainstream news and information media it might be possible.  However we don’t.  The banks, or the corporations they own or control own nearly all the media.  So they speak with a similar corporate voice and purpose, and it is not usually the voice of the people.  The end result is that what we hear from the MSM is spin and propaganda all slanted toward the corporate bankers profit perspective.

To make matters worse, the power of the financial institutions is such that they can stop the flow of money in most nations almost at the snap of their fingers, and can restart it just as quickly.  They control the flow of credit as well, even credit our US government needs in order to conduct its business or pay its bills.  “How can this be?” you might well ask.  Isn’t our government sovereign?  Can’t sovereign governments just issue their own money sufficient to meet their economic needs?  Well, yes and no is the clear answer – yes they should be, but in fact are not.  So maybe the answer isn’t so clear.  Maybe the situation has been deliberately confused  and hidden from our plain sight.  Unless you already know this strange story, (and very few do) let me just say there are a few videos and books that will explain the whole sordid story to anyone who will take the time to watch or read them. [i]

This current worldwide economic meltdown is just the first visible tip of the coming battle between the people and the banks.  We are going to have to either accept a future of economic servitude for our people, or our people are going to take back our government, and our financial sovereignty.  Financial and monetary sovereignty ultimate resides with the voting citizen in a democracy.

So, can we the people win this struggle for economic and financial independence?  Can we establish a real political democracy that is based on economic democracy?  It’s going to be tough. Here is a brief explanation why.  [Continue reading by using link]