The Secret of OZ - Why Monetary Reform Should Be Highly Considered

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The world economy is doomed to spiral downwards until we do 2 things: outlaw government borrowing; 2. outlaw fractional reserve lending. Banks should only be allowed to lend out money they actually have and nations do not have to run up a "National Debt". Remember: It's not what backs the money, it's who controls its quantity.

This documentary explains it all rather well: http://www.youtube.com/watch?v=swkq2E8ms

Most Americans are completely clueless to how the monetary system works currently. Most Americans believe the money we print, we print owing to no one, but that isn't the case at all. Every dollar we print, we borrow it, with interests, to private banks (the federal reserve is run by private bankers). 

When we bailed out the banks, we had to first "borrow" it from them, in order to "bail" them out, with their own money, that supposedly is "our" money.

Start to see the irony? Don't believe its true? Do some research, i recommend the documentary though.

If something doesn't change, then this will always be our future: http://www.youtube.com/watch?v=NOzR3UAyXao

It is a mad world.

-mono

Seth Spinolla's picture

The Money Myth Exploded

This is a little cartoon explaining in the most simplistic way the fraud of the financial debt-racket system. This is key to correcting anything else in society, because having or not having it in a modern economy leads to all other ills; not least those controlling it using this great advantage to mold society and control it at great cost of life and societal cohesion globally.

http://www.michaeljournal.org/myth.htm

Without free speech no search for the truth is possible, no discovery of truth is useful. Better a thousandfold abuse of speech than denial. The abuse dies in a day, but the denial slays the life of the people, and entombs the hope of the race.

alhs06's picture

EASY FIX

Remove some of the bills passed into law, or that repealed law, put into effect the past 25 years or so. Example the 1999 "Bank Modernization Act" repealing the laws put into effect in 1933 @ the height of The Great Depression, also repeal any laws riding on it's coat tails. Then, in media, repeal the law that went into effect in 1988, (can't remember it's name so Google it), that allowed media moguls to dominate & practically monopolize media market areas.

After that, make the penalty for breaking the laws an act of treason & apply the current punishment on the books if convicted. The trial must be open to the public & televised.

I think that would, In The Very Least, put us back on the right road.

My picture reads

"Sell a man a fish and you feed him for a day. Teach him how to fish and you ruin a perfectly good business opportunity."

The 1% philosophy

alhs06's picture

this is starting to get tiresome. Right again Bro

This is starting to get tiresome. Right again Bro ...your quote;

and who is gonna do all of this repealing? The same guys that we're vigilantly on 'co-opt watch' against?

You know what, I don't know, outside of the fact it needs to be an elected official, even though I'd rather it be you or I.

And you know what else, I don't know who will be president in 2013, or who will win the super bowl this season, but somehow, someway it will be done. If I had a crystal ball I'd tell you, but I don't & apparently neither do you.

I made a suggestion, partly tongue in cheek, of a recommended band aid, if you don't agree just say it. But my advice, short of a complete government overthrow, is we are going to have to rise up to our opponent & learn how to play their game. Or do you just want to walk into Congress, and announce your take over? Well which one is it supersean ...huh? Or maybe your just a big fan of camping & could really give a shit?

 

My picture reads

"Sell a man a fish and you feed him for a day. Teach him how to fish and you ruin a perfectly good business opportunity."

The 1% philosophy

My point is, the USA works.

My point is, the USA works. If the Occupy movement isn't ready or able or capable enough to use it is a different question. I've been around for a coupla weeks now, asking questions like, 'what's the point?' and 'do we wanna be right, or do we wanna be effective?'.

I know the Occupy movement has this thing for politicians. I just think that they're the only game in town-nothing changes without legislation, or repeal of it, no matter how big the campout or march.

What is Occupy gonna do?

Fex's picture

One small idea of what we can do

It sounds lame and simple, but simply get big enough to representative of a large enough portion of the country that politicians cannot ignore the people of the USA and have to side with us over money from others. Whether that be to due fear for their jobs or worry about a revolt. That would be a time when having a demand(s) becomes most effective: ie effective legislation we the people come up with and insist be passed.

If there's a way to outright take out the 1%'s influence/control of our politicians first that would be ideal. Seeing as how many of our opponents control money, can even create it out of thin air, they kinda have an advantage when it comes down to buying out politicians, makes simply buying our representatives back a bit tough.

So, seems to me a numbers game. Enough people get invovled and get educated about what's going on and perhaps make informed votes that are not for corrupt officials, thus causing job loss among those elected who are corrupt. If there's no option on a ballot for a non-corrupt / heavily money influenced individual, then Occupy in each district can agree on a write-in candidate.

"Word following word- I wrought words. Deed following deed, I wrought deeds." - The Havamal

okay.

if enough people get involved and get educated, huh?

The USA already exists. There are plenty of people out there. They just don't agree with us. Are we finally ready to address that?

Fex's picture

Ready? Nah

We're still growing are we not?

The rate of growth may change as well, it's hard to say. Is it linear? Curved? Or like a sand pile that when you you add jsut one more grain cascades of change occur, but it's nigh impossible to know when the next grain will cause the cascade.

"Word following word- I wrought words. Deed following deed, I wrought deeds." - The Havamal

are you an NFL fan?

your comment about the Super Bowl makes me ask.

Picture the Occupy movement as Dan Marino. Dan was awesome, he even made it to the Super Bowl in his second year. When he talks about it, he remembers thinking 'no big deal, we'll win it next year'. The Dolphins have never played in another Super Bowl.

I fear for the Occupy Movement because this isn't gonna happen again for a while. You're a grownup, you know what I'm talking about. If we fail because we didn't actually try anything, well... if we fail because fools are too busy partying to do anything, well... if we fail because we didn't think realistically, well...

...this might just be our last Super Bowl, if you catch my drift.

The Occupy Movement is like everything else in a way, it has a beginning, middle and an end. I fear we're wasting our chance.

Fex's picture

We might be, we might not be

I hear ya Supersean. We not in the end stages yet, hopefully not even into the middle.

If Occupy fails am not sure if this will be our last chance.... or perhaps the people of Occupy can learn from mistakes, reform into another movement with a different name and try again.

"Word following word- I wrought words. Deed following deed, I wrought deeds." - The Havamal

I'm not sure you got it.

I'm not sure you got it. There is no next time. How many posts have you seen here that start with something like 'I've been waiting for this to happen'? Yeah, folks have been waiting for this since the 60s ended. Maybe you have another 40 or 50 years to wait, but me and my family don't.

However long it takes, this aint happening again anytime soon.

alhs06's picture

My point is, the USA works the polics of current don't

We are past ready, you I & everyone else know that. We are capable as well, but we are certainly diluted in our effectiveness to produce the massive overhaul needed to effect substantial & meaningful change, as long as we stay splintered.

The current political body, view the voters as sheep, while they spend 90% of their campaign pointing accusational fingers @ their opponent's, while providing very little time on their virtues deserving a post in office . The average voter is only needed for three thing's in a politician's eye, contribution's, votes & taxes. For anything else we are nothing more than a nuisance & inconvenience.

You are right in that the USA works

I am right in that the current body of politics don't work for @ least 99% of us.

Knowing this, the political body is our only possible avenue as a means to effect change through the pressure of this peaceful revolution. How do we accomplish this, through a committed unyielding stand of SOLIDARITY by the 99%. How do we do this? One person @ a time, by you & I getting along, by an IEP for us, The 99%.

The real question is, when will our IEP be published to put into practice, soon I hope, very soon.

My picture reads

"Sell a man a fish and you feed him for a day. Teach him how to fish and you ruin a perfectly good business opportunity."

The 1% philosophy

just bein' honest here.

I got nothing against you bro, I don't even know you. I'm sure it seems like I reserve my most pointed comments for you though, doesn't it?

I'll tell you why. Its the constant quoting of OWS mission statement as mantra and this 99% stuff. It bothers me because it isn't true, we aren't the 99% in this country and until we can figure out how to build a 99% voting bloc its counterproductive to state it, it just makes the other side dig in their heels deeper.

These are slogans my man, nothing more. They served their purpose when the Occupy Movement was in its beginning stage, but I think we're in the middle now. btw, it must occur to you that believing in slogans is partly what got us into this mess in the first place right?

alhs06's picture

just bein' honest here. me to

Liberty & Justice for all

 

Ask not what your country can do for you, but what you can do for your country

Occupy Wall Street is leaderless resistance movement with people of many colors, genders and political persuasions. The one thing we all have in common is that We Are The 99% that will no longer tolerate the greed and corruption of the 1%.

I believe in the last one as much as I do in the first two. If I didn't I would be out of here the second I realized it. My compassion to this movement is grounded in this "slogan" & I will defend it & quote it until it's or my bitter end, Bro.

My picture reads

"Sell a man a fish and you feed him for a day. Teach him how to fish and you ruin a perfectly good business opportunity."

The 1% philosophy

alhs06's picture

just remember Dan Marino.

I was a Griese fan before Marino, felt bad for Dan to.

However, I feel even worse for Fran Tarkenton, 3 Super Bowls, Three loses.

But I prefer to remember Kurt Warner & even more John Elway.

Thanks' for asking.

My picture reads

"Sell a man a fish and you feed him for a day. Teach him how to fish and you ruin a perfectly good business opportunity."

The 1% philosophy

alhs06's picture

supersean my Brother from another ...

Dude I completely understand your frustration, I to, feel that proverbial "Biological" clock running down, or a closer analogy, I feel like Dorothy watching in desperation as the sand filters through the hourglass. I also fear  for "me and my family" as we also don't "have another 40 or 50 years to wait"

But panic or uneasiness won't help us yesterday, now or the future. I'll use another sports analogy in yesterday's Cardinal's down 2 runs & their last strike twice, but to only remain calm & coming back to tie & eventually win game 6. We may not have a Tony LaRussa, but I have confidence that our team will prevail. I'm betting me & my families future on it, & I don't bet long shots when it comes to my family, or for that matter yours or anyone elses.

Stay focused bro, stay on task! We need you.

My picture reads

"Sell a man a fish and you feed him for a day. Teach him how to fish and you ruin a perfectly good business opportunity."

The 1% philosophy

Seth Spinolla's picture

Taxes Occupy ABA Sessions Oct. 26, 1959

On this date the American Bankster Association opened it's 85th convention with taxes on mutual savings groups a dominant issue.

There has been controversy over the association's approval of a bill to levy more federal taxes on savings and loan associations and mutual savings banks. The associations stand caused 222 mutual savings banks to quit the ABA while 305 have renewed their membership in the 17,690 unit organisation.

http://news.google.com/newspapers?nid=1350&dat=19591026&id=dwlPAAAAIBAJ&sjid=7QAEAAAAIBAJ&pg=5265,2695985

Current President and CEO is Frank Keating (Former Oklahoma Governor) Go figure! The guy has made a career in the politics of Gov't, as Attn. Gen., FBI etc. What has he to do with banking I wonder? Dirt never seems to cling to this guy, though it is there to be found if one looks.

In any case, this is the 'Bankers' lobbying group since it was first created. Overwhelmingly dominated by the BIG Commercial Banks that run the Fed. Reserve that dictates to Gov't. A demand should be made on them, as well the heads of the Fed. Reserve Regional banks and ultimately the Fed. Reserve board itself. People, who are self-edcuated about the monetary system should let these people know they are the crooks running a criminal scam. Never stop educating your fellow citizens on this issue as an uppermost one.

http://en.wikipedia.org/wiki/American_Bankers_Association
   

Without free speech no search for the truth is possible, no discovery of truth is useful. Better a thousandfold abuse of speech than denial. The abuse dies in a day, but the denial slays the life of the people, and entombs the hope of the race.

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