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]

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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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Open Letter to President-Elect Barrack Obama

Open Letter to President-Elect Barrack Obama
by Jere L Hough
2009-01-06

Dear Barack Obama:

Congratulations. Your election brings the “audacity of hope” for real and meaningful change in these dark economic times. I have always wondered if you fully comprehend the nature and gravity of the economic problems facing our nation, and the world, and if, indeed, whether any human being is capable of offering the leadership and inspiration to effect the depth and breadth of the needed changes in our critically ill economy and financial system. There are a few people – very few indeed – who really understand what is wrong with our banking and financial system, and how to actually fix the problems at the level of causation.

I have agonized over how to best get this message out to those who can influence policy and bring about needed fundamental and substantive, rather than cosmetic, change.

Let me digress for a moment. After growing up in the last “Great Depression”and WW II, I became aware during my military service and my college years that the great sounding slogans of the Post-WW I era, the League of Nations, the FDR New Deal, the wars “to make the world safe for democracy” and the post WW II promise of world peace brought by the United Nations, were all just so much empty rhetoric, canned for public consumption.

Nothing of any real consequence changed. All of the human problems of poverty, hunger, disease, warfare, genocides, and man’s brutality and exploitation of his fellow human brothers and sisters has continued to grow, even as some enjoyed unprecedented wealth, technology, and luxury. Surface levels of prosperity for the privileged few hid most of these problems from public view in America.

The gap between the “haves” and “have-nots” of the world is increasing exponentially, but why? This is the eternal question for which there are thousands of answers, all of which make little sense and will not work to actually address the problems at the fundamental levels. About 50 years ago I resolved to figure out the answers to that great and seemingly unsolvable question. The answers are not to be easily found in the halls of formal education, although a broad understanding of the Liberal Arts, Humanities, Social and Behavioral Sciences, and most especially, History are indispensable in laying the foundations for working though the “maze of deception” and misinformation that obscure the most important truths of our current social economic and cultural era, and how it is really controlled.

My journey of discovery resulted in a long string of “epiphanies”, each built upon the former. What I finally discovered, or came to realize, was shocking, disturbing, unnerving, and yet strangely hopeful. I found that there is one root problem and a key solution for it that has not yet been tried, or even seriously considered, much less widely discussed or debated. “The Powers That Be” want it that way, and so the real root problems and their solutions are inimical to the interests of TPTB.

I want to emphasize the “hopeful” aspect, because the solution to our greatest problem, the root cause of most other large-scale human problems, is unbelievably simple, easily achievable, and can be accomplished almost overnight, IF, and this is the big IF, the political and economic will to do so can be mustered, and the special interests that reap enormous unearned wealth from the current system can be overcome. And this will take massive education, informed leadership, elimination of centuries of conceptual error, and the adoption of an entirely new paradigm in our ways of thinking about one of the most basic institutions that shape our modern world: money.

The failure to understand the truest and highest concepts and definitions of money, and what is is, or should be, is leading to the series of unprecedented economic upheavals that have begun, and will continue to escalate in a downward economic spiral that can only end in total despotism or economic slavery for most of the world for untold generations to come.

This statement is not an exaggeration or hyperbole. It simply is a recognition of the universal laws that govern such things, and was a part of my learning process. I hope I can make it a part of yours, and with enough awakening, real change just might be possible in time to avert the worst of the cause-effect consequences that are now manifesting.

Money, or the love of it, is the root of all evil. As true as that proverb is, there is more to the story that that. The greater evil is the misunderstanding of money, what it is, where it comes from, and who controls it, or should control it. How is should be controlled is also crucial, as to volume and regulation of value. How money enters into circulation, or is withdrawn from circulation is also a major issue.

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