“The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” — Former Fed Chairman Alan Greenspan on Meet the Press, August 2011 In a post on “Sovereign Man” dated August 14th, Simon Black argued that Donald Trump may be the […]
“My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.” […]
Banks create money when they make loans. Greece could restore the liquidity desperately needed by its banks and its economy by nationalizing the banks and issuing digital loans backed by government guarantees to its ailing businesses. Greece could provide an inspiring model of sustainable prosperity for the world. But it is being strangled by a […]
Pope Francis’ revolutionary encyclical addresses not just climate change but the banking crisis. Interestingly, the solution to that crisis may have been modeled in the Middle Ages by Franciscan monks following the Saint from whom the Pope took his name. Pope Francis has been called “the revolutionary Pope.” Before he became Pope Francis, he was […]
`Let the jury consider their verdict,’ the King said, for about the twentieth time that day. `No, no!’ said the Queen. `Sentence first–verdict afterwards.’ `Stuff and nonsense!’ said Alice loudly. `The idea of having the sentence first!’ `Hold your tongue!’ said the Queen, turning purple. `I won’t!’ said Alice. `Off with her head!’ the Queen […]
It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. […]
The dangerous underfunding of US infrastructure was underscored by a fatal train derailment on May 12th. The tragedy did not deter the House Appropriations Committee from voting to slash Amtrak funding the very next day. There are ways Congress could fund its massive infrastructure bill without raising taxes. But the conservative-controlled Congress seems to have other plans for the nation’s profitable public assets.
The United States shall guarantee to every State in this Union a Republican Form of Government. — Article IV, Section 4, US Constitution A republican form of government is one in which power resides in elected officials representing the citizens, and government leaders exercise power according to the rule of law. In The Federalist Papers, James Madison defined a republic as […]
The politicians are put there to give you the idea that you have freedom of choice. You don’t. . . . You have owners. […]
