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A planet drowning in bubbles and debts: How long will it still last? (Original Post) no more banksters Aug 2015 OP
Perhaps Michalis Gianneskis should read 'Web of Debt' by Ellen Brown and Reed Simpson PatrickforO Aug 2015 #1
I'm with you, PatrickforO. mother earth Aug 2015 #2

PatrickforO

(14,574 posts)
1. Perhaps Michalis Gianneskis should read 'Web of Debt' by Ellen Brown and Reed Simpson
Sat Aug 29, 2015, 01:32 PM
Aug 2015

The problem is not governments, it is the bankers. Central banking should ONLY be the purview of governments, NOT of big banks. Consider the Fed. It was created with the unconstitutional Federal Reserve Act of 1913, and basically is the legacy of JP Morgan and John D. Rockefeller. It is not quasi-governmental, yet they tell us this. No, it is a bunch of bankers who create money out of thin air, and then contract the supply to create scarcity so they can profit.

We are in a web of debt, that's for sure, and at the risk of being called a 'crank,' I advocate as a solution the US government taking back the issuance of money as it should under the Constitution (Section 8: The Congress shall have the power to coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures), and nationalize the central bank. Basically get rid of the Fed which does nothing but rip off the 99% and funnel ever greater wealth to the 1%.

Instead of wallowing in debt we should NOT owe to bankers, we should take a page out of Lincoln's book and print our own greenbacks.

Listen to this: Ellen Brown, in the 'Web of Debt, citing a London Times editorial directed against Lincoln’s greenbacks, says, “If that mischievous financial policy which had its origin in the North American Republic during the late war in that country should become indurated down to a fixture, then that government will furnish its own money without cost. It will pay off its debts and be without debt. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe.”

So they brought it down. And now we pay and pay and pay for what? rationed or no healthcare? inflation and the deterioration of our purchasing power? benefits we were given under the New Deal sucked up so the few can have just a little more? forever wars? domestic spying? privatized prisons and a bogus drug war?

We need to think through what we SHOULD have, as opposed to what we DO have, and then join Sanders' political revolution. In fact, make it world wide.

mother earth

(6,002 posts)
2. I'm with you, PatrickforO.
Sat Aug 29, 2015, 03:37 PM
Aug 2015


And you are so right, it is going to take a social movement!!!

Instead of everyone joining the chorus of SHTF, buy gold, etc., & it's the end of the world as we know it, it's time to say enough of this & be part of the populist wave. We aren't going to get anywhere with the status quo corporate candidates. Yeah, it's time to support Bernie Sanders and end this oligarchy of nations.

We are suffering from corruption & banksters gone wild, globally...and Ellen Brown offers the solution.
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