tag:blogger.com,1999:blog-53246864840716464.post6216997728914013457..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: The REAL Battle Over America's Banking SystemUnknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-53246864840716464.post-24779666148224931842009-10-19T22:12:35.645-07:002009-10-19T22:12:35.645-07:00One aspect of the current monetary system that I h...One aspect of the current monetary system that I haven't seen mentioned here is the fact that the FED effectively holds title to everything that is paid for with FRNs. Because FRNs are the property of a private corporation, they carry a hidden lien which carries over to anything purchased with them. It is this hidden lien that allows governments to regulate nearly every aspect of our lives, because it is their property they are regulating. Furthermore, because they are the product of a foreign corporation (foreign to the de jure u.s. government if not to the American continent), they are taxed with an excise (i.e. income) tax. Robert Rowan and Ronald McDonald have spelled this out very eloquently in numerous radio interviews, and I am champing at the bit to read their book "They Own it All - Including YOU - Through Toxic Currency". Check out http://www.newpeopleorder.com.Vincent-Brianhttp://www.tpuc.orgnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-75460774855310176582009-10-15T05:25:20.023-07:002009-10-15T05:25:20.023-07:00The problem is in fact more serious than you portr...The problem is in fact more serious than you portray it to be. Please look at Greg Pytel's seminal article - <a href="http://gregpytel.blogspot.com/2009/04/largest-heist-in-history.html" rel="nofollow">The Largest Heist in History </a><br /><br />Quote:<br /><br />When the financial crisis erupted at the end of September 2008, there was an unusual sense of incredible panic among banking executives and government officials. These two establishment groups are known for their conservative, understated approach and, above all, their stiff upper lip. Yet at the time they appeared to the public running about like headless chickens. It was chaos. A state of complete chaos. Within a few weeks, however, decisions were made and everything seemed to returned to normal and back under control. The British Prime Minister Gordon Brown even famously remarked that the government “saved the world.”<br /><br />But what really caused such an incredible panic in the establishment well known for its resilience? Maybe there are root causes that were not examined publicly and the government actions are nothing more than a temporary reprieve and a cover-up? Throwing good money after bad money, maybe?<br /><br />Money Making Machine<br /><br />In order to answer these questions we have to examine the basic principles on which the banking system operates and the mechanisms that caused the current crisis.<br /><br />End Quote<br /><br />Greg's analysis shows the real reason's why the current crisis occured. All his further articles all connect back to the central thesis outlined in this article.<br /><br />It would be worthwhile to get your viewpoint on his work.Unknownhttps://www.blogger.com/profile/07198667003900590106noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-55600205435831727852009-10-13T11:43:53.891-07:002009-10-13T11:43:53.891-07:00Government should not have a monopoly privilege to...Government should not have a monopoly privilege to counterfeit money any more than a central bank. If legal tender laws were repealed, the market would choose honest money and the federal reserve would disappear. Someone would have to be pretty naive to trust a gov't to take the place of a central bank and not act in the exact same manner.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-5290276488402574902009-10-12T20:32:39.431-07:002009-10-12T20:32:39.431-07:00Charles Walters(1926-2009),my preferred mentor in ...Charles Walters(1926-2009),my preferred mentor in all matters agronomic and economic for over 30 years wrote last year "It is willed ignorance that permits the privatization of the constitutional mandate for Congress to "coin the money and regulate the value therof," this by permitting mere business hustlers to take over a sovereign power." For more Charles see www.economy101.net and http://www.acresusa.com/toolbox/reprints/History%20of%20Money_CW.pdfPhillipnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-71649530947051939202009-10-12T16:34:12.438-07:002009-10-12T16:34:12.438-07:00I'm a great fan of Steve Keen. His book, Debun...I'm a great fan of Steve Keen. His book, <a href="http://www.amazon.com/Debunking-Economics-Emperor-Social-Sciences/dp/1856499928/ref=sr_1_1?ie=UTF8&s=books&qid=1255390166&sr=1-1" rel="nofollow">Debunking Economics</a>, is required reading for everyone who wants to understand basic economics in terms of what's wrong with the orthodox approach and what to do about it.<br /><br />Steve is a circuitist who studies the economy in terms of the non-governmental financial system. (See <a href="http://en.wikipedia.org/wiki/Monetary_circuit_theory" rel="nofollow">Monetary circuit Theory</a>. To get a more complete picture of the economy as whole, It is also important to pay close attention to the interaction of the governmental and non-governmental financial systems. <a href="http://en.wikipedia.org/wiki/Chartalism" rel="nofollow">Modern chartalism</a>aka neo-chartalism studies this aspect of the economy. <br /><br />Bill Mitchell recently conducted a debate with Steve Keen on the differences between these approaches at billyblog. It's in three parts. <a href="http://bilbo.economicoutlook.net/blog/?m=20090928" rel="nofollow">Here</a> is the first. Steve answers in the comments. Many other commentators are also knowledgeable. This series is a must read, as well as the seminal articles to which Bill links.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-28803896690142326882009-10-12T13:55:48.106-07:002009-10-12T13:55:48.106-07:00Google Ellen Brown.
Permanent money.
Monetary Re...Google Ellen Brown.<br /><br />Permanent money.<br /><br />Monetary Reform.<br /><br />NOW!Tom Dennenhttps://www.blogger.com/profile/13555179685667321735noreply@blogger.com