Governments, and in particular the US Government should again have the right to issue their own currency to fund budget deficits, without having to borrow that currency from the private bankers at interest. The vast majority of our taxes go towards paying the interest on the debt to private financiers, not into useful infrastructure and services. The volume of money in circulation should be controlled democratically for the common good, not by banking oligarchs whose corruptions of the financial world have proven reckless and downright destructive of the real economy.
There is no great secret to boom and bust years in an economy, assuming productivity is a constant, the economy can be made to thrive or to wither simply through the regulation of how much money is issued into it and the manner of its issuance. Control of the money supply is the number one means by which the people of the world are enslaved or liberated.
Canada's national health system was built at a time when the government was able to issue it's own currency virtually debt free through the Bank of Canada. We lost that ability when we joined the G7 (the Globalists) in the 1970's. Ever since our country's national debt to the private banking system has ballooned through the magic of compound interest. With a reform to reinstate this sovereign right to issue our own currency we could wipe out our national debt overnight and make our hard earned tax money go much, much further.
But this change could not be effected by one country alone, for the forces of financial and even physical warfare would be waged against any one of what is now the G20 that stepped out of line. That is why our actions must be globally synchronized and all nations should move forward in solidarity as one on this vital and empowering reform.
Tuesday 4 October 2011
Shut Down Casino Capitalism
Financial and banking interests have eroded our democracy and our sovereignty and are taking our economic futures away from us. Casino capitalism has to be shut down or at least heavily taxed and regulated. Banks should no longer be able to gamble in the casino with their customer's money without their consent.
The stock market is not the economy and yet it's machinations influence our lives to an excessive degree. With the big investment banking institutions able to wield the financial weapons of short selling, market rigging and high volume electronic trading against entire populations they are able to cause food prices to soar or a nation's currency to become worthless overnight, without not one single care for the suffering they have caused so long as they profit from it.
The odds are stacked very heavily against the man or woman in the street - the 99%- who have to figure out where to save their hard earned money, the very little which they have left to save that hasn't already been taxed, insured, rented, mortgaged or credit carded away from them. Who feels clear about their financial future in this climate? Only those who have rigged the system in their own favour or those that have already lost everything.
The stock market is not the economy and yet it's machinations influence our lives to an excessive degree. With the big investment banking institutions able to wield the financial weapons of short selling, market rigging and high volume electronic trading against entire populations they are able to cause food prices to soar or a nation's currency to become worthless overnight, without not one single care for the suffering they have caused so long as they profit from it.
The odds are stacked very heavily against the man or woman in the street - the 99%- who have to figure out where to save their hard earned money, the very little which they have left to save that hasn't already been taxed, insured, rented, mortgaged or credit carded away from them. Who feels clear about their financial future in this climate? Only those who have rigged the system in their own favour or those that have already lost everything.
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