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Did you get the memo? Osama Bin Laden won the war.

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Headlined to H2 11/17/08

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It was announced today that Citigroup plans to cut more than 50,000 jobs. Those people won't be buying cars soon.  No matter how much money the Federal Reserve prints, economic stability is now beyond reach.

In case you didn't get the memo, Osama Bin Laden won the war. His objective was to destroy the world economy based on Interest and Usury. He succeeded. With $20 of boxcutters he changed the world, and will likely be hailed as the greatest strategist and General that the world has ever seen. While I would argue the collapse was inevitable (just like it was in 1929) he has accelerated the demise of the economy as we knew it. Never underestimate your enemy.

After 1929 and 1945, the same house of cards was rebuilt. Now that it has collapsed again, the question we should be discussing is if are going to re-rebuild the same house of cards, and if not, what plan we should adopt.

Don't leave it to the higher powers that be to control the destiny of yourself and your children's children. 'We the people' have plenty of power under a local democracy.

The first thing we need to do is take a financial census within each town. How much of your town is held in mortgages; what is the total? And, secondarily, are there enough liquid assets also held by the townspeople to purchase all this debt outright. Now is a good time to purchase all this debt.  Union and private pensions are driving this collapse, but these funds can be used to solve the problem.

Without local control of all the deeds, there is nothing for government to manage.

The commercial land will present a second challenge, and should probably be held in a public trust. (Separate but equal.) The Supreme Court has already ruled that a town can take land by eminent domain to protect its economic vitality. Publicly owned commercial space makes a stable economy possible.

Speculation has destroyed the economy, yet again. Don't blame the top 5%.  The middle-class brought this Hell upon themselves.  The opportunity for speculation has to be eliminated. If the townspeople cannot control the land within their own town, they have no control whatsoever over anything. We have replaced the King and kept the bad financial habits of centuries past.

The Status Quo is dead. Now is a good time to wake-up, stand-up and act.

A debt-free and inflation-free economy is possible. 

 

Read more at www.behappyandfree.com about the math behind inflation. You can follow Steve's brainwaves at twitter: http://twitter.com/steveconsilvio
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You want to buy one?... by Margaret Bassett on Monday, Nov 17, 2008 at 11:12:09 PM
No, but there isn't any reason why your town c... by Steve Consilvio on Tuesday, Nov 18, 2008 at 6:55:51 AM
for the arrest of the wife and political party swa... by Stanimal on Tuesday, Nov 18, 2008 at 4:00:39 AM
There certainly are paranoid elements in every soc... by Steve Consilvio on Tuesday, Nov 18, 2008 at 6:48:04 AM
No one can convince me 3 steel buildings would col... by Maxwell on Tuesday, Nov 18, 2008 at 1:31:39 PM
Too much circumstancial evidence and no subpoenas ... by Jay Garth on Tuesday, Nov 18, 2008 at 1:53:42 PM
Consilvio- "Don't blame the top 5%. ... by Better World Order on Tuesday, Nov 18, 2008 at 7:55:41 PM
The alternative is to Buy Low-Sell Low. Of co... by Steve Consilvio on Tuesday, Nov 18, 2008 at 8:55:17 PM
Careful orchestration of current events that will ... by Sharon Roach on Tuesday, Nov 18, 2008 at 10:23:39 PM
I'll believe your 9/11 fairy tale, all you hav... by Roger Thomas on Tuesday, Nov 18, 2008 at 10:08:39 AM
You are free to believe whatever you want, but tha... by Steve Consilvio on Tuesday, Nov 18, 2008 at 11:11:21 AM
I'll just make one point.  You imply offh... by boomerang on Tuesday, Nov 18, 2008 at 7:11:20 PM
Wow. Gung Ho GI Joe.  How did 19 box cutters ... by Steve Consilvio on Tuesday, Nov 18, 2008 at 8:59:19 PM
It was us who handed him his prize.  It was d... by Paul Kruger on Tuesday, Nov 18, 2008 at 1:02:59 PM
Steve's observation should give us all pause t... by Richmond Shreve on Tuesday, Nov 18, 2008 at 1:52:55 PM
9/11 was an inside job; false flag operation. It d... by Rolland Miller on Tuesday, Nov 18, 2008 at 2:11:08 PM
Former President Benazir Bhutto died about one mon... by Steve Windisch (jibbguy) on Tuesday, Nov 18, 2008 at 2:21:46 PM
So bin Laden is real, and still working for the CI... by Steve Consilvio on Tuesday, Nov 18, 2008 at 3:07:26 PM
Wilhelm Hegel would be proud though Steve. An... by Munich on Tuesday, Nov 18, 2008 at 4:34:03 PM
Hitler already played the 'Blame everything on... by Steve Consilvio on Tuesday, Nov 18, 2008 at 7:02:29 PM
It is true that Bush bin Laden wanted, and is stil... by Goblue on Tuesday, Nov 18, 2008 at 7:40:51 PM
Grover Norquist was the real winner and soon he wi... by John Hanks on Tuesday, Nov 18, 2008 at 7:47:17 PM
Social Security was created because speculation de... by Steve Consilvio on Tuesday, Nov 18, 2008 at 8:49:04 PM
A country that will let Presidents lie in their oa... by Brett Paatsch on Tuesday, Nov 18, 2008 at 8:25:20 PM
It comes down to whom do you believe. On one hand ... by Mr M on Tuesday, Nov 18, 2008 at 11:48:47 PM
Aren't the first responders portraying themsel... by Steve Consilvio on Wednesday, Nov 19, 2008 at 7:21:23 AM
Excuse me for being blunt.  Steve, either you... by Goblue on Wednesday, Nov 19, 2008 at 8:02:43 AM
lol  You obviously have quite a few bridges t... by Steve Consilvio on Wednesday, Nov 19, 2008 at 8:17:32 AM
"The wisest man is deemed insane"Early o... by Goblue on Wednesday, Nov 19, 2008 at 8:43:00 AM
I am not afraid of the terrorists, but you are obv... by Steve Consilvio on Wednesday, Nov 19, 2008 at 9:31:39 AM
Steve,Prove it!  Prove to us that Osama bin L... by Goblue on Wednesday, Nov 19, 2008 at 10:13:08 AM
How does anybody 'prove' anything? Do... by Steve Consilvio on Wednesday, Nov 19, 2008 at 10:25:47 AM
You make this grand accusation that, "In case... by Goblue on Wednesday, Nov 19, 2008 at 10:45:56 AM
What makes you think I care about having credibili... by Steve Consilvio on Wednesday, Nov 19, 2008 at 11:06:01 AM
This article's second paragraph, the lynchpin ... by editnetwork on Wednesday, Nov 19, 2008 at 9:38:08 PM
The second paragraph says the collapse was inevita... by Steve Consilvio on Wednesday, Nov 19, 2008 at 10:07:34 PM
Steve, If you are so naive to believe that our gov... by Goblue on Wednesday, Nov 19, 2008 at 10:23:36 PM
So now the government attacked itself on 9/11 and ... by Steve Consilvio on Wednesday, Nov 19, 2008 at 11:35:45 PM
To wit: In case you didn't get the memo, Osama... by editnetwork on Thursday, Nov 20, 2008 at 4:32:27 PM
The economy has swings of boom and bust, but every... by Steve Consilvio on Thursday, Nov 20, 2008 at 5:03:05 PM
Many of us have objected to that new FISA law beca... by editnetwork on Wednesday, Nov 19, 2008 at 10:14:16 PM
This was in reply to Brett Paatsch, far above.Sorr... by editnetwork on Wednesday, Nov 19, 2008 at 10:15:51 PM
I disagree.  A government that is always in p... by Steve Consilvio on Wednesday, Nov 19, 2008 at 10:44:34 PM
I don't think I was going on about -- revenge ... by editnetwork on Thursday, Nov 20, 2008 at 6:40:55 PM
I was replying to Mr. Consilvio's answer (reve... by editnetwork on Thursday, Nov 20, 2008 at 6:43:04 PM
"Many of us have objected to that new FISA la... by Steve Consilvio on Friday, Nov 21, 2008 at 7:23:46 AM