Money Reform: The Big Picture

Yes,  there is a big picture, and bigger ones, and even a biggest picture, in terms of what can be seen though human eyes and grasped by the human mind.  For obvious reasons I’ve avoided much direct mention here of larger issues than money and government reforms.  It is too easy to quickly get lost in the depths, and lose the attention of many readers.  So I am purposely going to avoid details.  Subtleties can be dealt with on other pages or places.  What I have to say may sound strange to some, or even worse.  It can’t be helped; the time is past for euphemisms.  So here is the blunt truth, as I comprehend it in the waning years of my life.

This planet is headed for the mother of all “rough rides”.  What we are approaching, and even already into, is a convergence of “perfect storms”.  Not so much natural storms, although there will be those too, but man-made “storms” in almost all walks of life.  I want to stress the “man-made” focus, because it is important to separate such from the “divine” or “wrath of God” causation.  Ok, I’m already getting into deep water, so let’s get to the point.

Human beings of wealth and power have formed associations (syndicates or cabals) for the purpose of running our planet.  More specifically, these people are not nice or benignly intended, and their circles of power have gained control over every aspect of human life on our globe, even to being on the verge of inaugurating a planetary government, a global money and economic system and a global government that is totally under their control. They have, or will have, control of all major military forces and weaponry, majorities in all government branches of major G-8 (or G-22) nations, Most major economic, social, religious, educational, recreational, sports, and informational and educational institutions are already owned or controlled by their various branches – I think of them as tentacles.  Economics – control of money and resources (main ingredients of capital – leaving labor aside for the moment) is the major engine of amassing and controlling power.  That is why I emphasize money reform.  But control of land and resources is just as important, as they are the source of all wealth, along with labor, and money can generally buy labor when land is not available.

I write mostly about “money” and its creation, control, distribution and volume, because that it the major way “they” transfer wealth from us – working taxpaying citizens – to themselves.  Maybe we should give “them” a universally recognized name.  They have many names now.  “Illuminati” is a catch-all meaning “illumined ones”, a classic misnomer.  They are diabolically clever, smart, well-educated, knowledgeable, and greatly skilled in attracting money and power to themselves, but IMO they are not “illumined” in the sense that I understand the concept, that meaning “enlightened”.  The “Bilderbergers” are one of the key control groups, but along with them are a virtual alphabet soup of acronyms from around the world – CFR, WTO, NAFTA, NSA, CIA, IMF, BIS, WB, EU, NAU, NAM, NATO, and the list could go on and on.  All have roles to play in this new global economic and governmental scenario.

You probably already know this on some level, or if you don’t “know” it you suspect it.  Most simply refuse to look at the facts, and are in perpetual denial.  Some, of course, have aligned their choices and interests to serve these cabals of temporal power, and these would not be amenable to our ideas here.  Our message is for those who wish to align themselves with the side of light and truth – the “winning side”, eventually.  Those who align themselves with the universal creative forces and their operative universal laws must eventually “prevail”, even when appearances would make it seem otherwise.

The point to be grasped is that those now in control have set in motion this coming “perfect storm” of events – events that are actually inexorable consequences of unlimited greed, lust for money, power and control.  The corporation is the “Frankenstein Monster” of their creation that is heartless, soulless, and feeds on nothing but profits – money – no matter at what cost in environmental ruin and human misery.  Corporations are fictitious persons – entities – that replace and displace people as the central focus of our civilization.  In this system, people count, but mostly to the degree they serve the corporation, or corporate interests, and the interests of those investors who own or control the corporations.

The epitome of this Frankenstein is the Financial Corporation, or commercial and investment banks.  Corporations are properties given legal status as “persons” before the laws.  Of course this outrageous fiction will be corrected in time, even as was the fiction that certain persons could be the “property” of others, and bought and sold as chattel.  The envisaged new world economic order will attempt to re-institute wide-scale debt slavery though various economic disguises.  It is already doing so in ways cleverly concealed from most persons.  At some point disguises and concealment will no longer be necessary to their purposes, and will be largely dropped.  Those who are observant can already see this trend unfolding.

There is hope for those who are aware and willing to make the commitment toward a brighter, better shared future.  That future will include a far greater measure of economic democracy – increased abundance for all.  The best ways to achieve this brighter future has been, and will continue to be, the focus of this blogsite.

Please stay tuned….

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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.

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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.

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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.

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)

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. Continue reading

AIG OUTRAGE SHOULD BE PROPERLY DIRECTED

AIG OUTRAGE SHOULD EXTEND TO FED & PAULSON TREASURY

The Fed is NOT the Government! Wall Street Financiers, NY FED, International Central Bankers are to Blame.

Bailout Boil-over

Anger, confusion, outrage, misinformation, disinformation, cover-ups, responsibility avoidance, finger-pointing, political posturing, buck passing, ignorance and outright lies – that is what I’m hearing in all the hoop-la over AIG bonuses.

It’s all a dog and pony show, and the real culprits go unnoticed and the main issues are not even being discussed.

After listening all week and all day today to the angry comments about the AIG retainment bonuses, I’ve just about abandoned all hope of saving our republic. There is just too much ignorance about the real causes of the financial meltdown. There has been a corporate feeding frenzy at the public taxpayer trough since the S&L collapse of 1989, and the Enron scandal and throughout the last several decades. It has grown into a Frankenstein Monster in the past decade, but it has taken far too long for the public to become outraged over the criminal excesses coming from Washington and Wall Street. What we are now seeing is the drama over whether the tail is wagging the dog, and which one is Wall Street and which one is Washington, and our real government.

The vast majority of the news MSM TV commentators apparently know little more about the way the Federal Reserve runs the country than the average citizen. Even more appalling is the sad fact that our senators and congressmen seem so ignorant of the nebulous relationship between the Fed and the Government. Reporters are using the terms “Fed” and “government” interchangeably, and this continues to obscure or hide the fact that the “Federal Reserve” is not part of the federal government. The name is deliberately deceptive to give that impression, when the reality is that it a private for profit banking corporation. It is independent of the federal government, even though there is supposed to be some congressional oversight.

Everybody is outraged about the hundreds of millions in bonuses AIG contracted to the key traders in its Financial Services division. What people should be outraged over is the larger issue of who made the decisions to bail out AIG in the first place. It was the Fed’s sole decision, unilaterally, with no approval or oversight from congress to give the first 80 Billion to keep the company from defaulting on its credit default swaps, the worst and riskiest kind of derivatives.

Too Big to Fail? Or Too big to Exist?

Most of that money went out to other counterparties like Goldman Sachs, JP Morgan, Bank of American and so on, all the “too big to fail” financial institutions. IMO, too big to fail is too big to exist. We should have anti-trust and anti-monopoly laws to protect the American people from the kind of financial rape that is now occurring. And financial rape is exactly what it is, and I am not just talking about just $160 million in bonuses. That is just the tip of the iceberg. The entire financial bailout package was a criminal enterprise designed to rape the US taxpayer out of $Trillions. Not that it hadn’t already been going on for 80 years, but the crooks apparently just decided compound interest on the US Dollars they loan to the US was too slow, so they went for the goose what was laying the golden eggs.

It starts with the Federal Reserve Act of 1913, and the handing over of America’s sovereign right to create and manage our nation’s currency to the Federal Reserve System, and all private banks that indulge in the practice of fractional reserve banking. The details are too complex to cover here. See my website for further information.      NEXT:           Here’s what is wrong with our system:   Continue reading

Web Of Debt Introduction

Introductory comments by Jere L Hough

For those who want to fully understand our world’s current financial predicament, the real look at “just how deep the rabbit hole goes”, I have found no other written work as thorough, plain spoken, and balanced as the book, Web of Debt, by Ellen H Brown.

For several years I had been planning to write a book exposing the Federal Reserve System, and the “international central banking syndicate” in ways that the common person with a high school education could easily understand. Finding and reading this literary triumph was both a great reward as well as a disappointment. I realized that I could do no better at explaining this difficult subject of money-creation and control than Ellen Brown had done in the book I was reading. My efforts have shifted now to trying to alert as many people as possible to what is really happening to our world’s economic systems, and why.

Let there be no doubt that those who control the economic systems and therefore, the money that is the life-blood of those systems, are more powerful than transient political leaders of the moment. Those who can collapse a nation’s economy with a nod of the head are more powerful than any president or prime minister, or congress or court. Only an awakened and informed citizenry can retake the power of economic sovereignty that has been taken from them by shrewd, wicked, greedy and deceptive international financiers who are now engaged in a dance of death for power and control over you, your family and future, and everything else we hold valuable and dear.

We can no longer afford to ignore these grave storm warnings of the approaching “perfect storm”. It is no longer coming.  It is here.  Financial and monetary reform can wait no longer.  Ellen H Brown’s peerless book, Web of Debt is the yellow brick road that could take us home.  It’s time we were on our way.    – Jere L Hough, 2009-02-25

Web of Debt
Ellen H Brown

Introduction:  CAPTURED BY THE DEBT SPIDER

President Andrew Jackson called the banking cartel a “hydra-headed monster eating the flesh of the common man.” New York Mayor John Hylan, writing in the 1920s, called it a “giant octopus” that “seizes in its long and powerful tentacles our executive officers, our legislative bodies, our schools, our courts, our newspapers, and every agency created for the public protection.” The debt spider has devoured farms, homes and whole countries that have become trapped in its web. In a February 2005 article called “The Death of Banking,” financial commentator Hans Schicht wrote:

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