13. Any notion of a "free market" must be
dispelled, for as long as the central banking system has been dominant, central bankers have managed and controlled
capitalism for the benefit of the few, at the enormous expense of the many. Comprehending the nature of central banking
is essential to understanding the nature of our current economic crisis.
The central
banking system has been the most powerful network of institutions in the world; it has reigned supreme over the capitalist
world order, almost since its inception.
Central banks are the perfect merger of private interests and public
power. They have played key roles in
every major development and drastic change in the capitalist world economy, and
will continue to do so.
Central bank
policies caused the Great Depression and played an enormous role in creating
the Global Economic Crisis of 2008 onwards.
As alleged "solutions" to the economic crisis are being implemented, it
would appear that those policies and
people that were most instrumental in creating
the crisis . . are now at the helm and are being rewarded handsomely! Instead of being phased out, the central
banking system is becoming more globalized, more centralized, and more
powerful. --Andrew Gavin Marshall, Chapter 15
14. Wary observers might say that this is how you
pull off a private global dictatorship:
a) create a global crisis;
b) appoint an "advisory body" to retain and maintain "stability"; and then . .
c)
"formalize" the advisory body as global regulator.
By the time
the people wake up to what has happened, it may well be too late.
If we the
people of the world are to avoid abdicating the sovereignty of our respective
nations, thereby handing power over to a private foreign banking elite, we need
to insist on compliance with the constitutional and legal mandates on which our
nations were founded. --Ellen Brown, Chapter 16
15. The very concept of a global currency and
global central bank is authoritarian by its very nature. Why?
Because it removes any vestiges of oversight and accountability, away
from the people of the world, toward a small, increasingly interconnected group
of international elites. Indeed, these
policy "solutions" tend to benefit those who caused the financial crisis over those who are positioned to suffer
the most as a result of the crisis,
i.e. the disappearing middle classes, and the world's dispossessed and poor.
It is now imperative
that the world's people throw their weight against these "solutions" and usher
in a new era of world order, an era of the People's World Order. Here the solution will be in local governance
and local economies, so that the people have greater roles in determining the
future and structure of a) their own
political-economy, and thus b) their
own society. With this alternative of
localized political economies, in conjunction with an international
democratization of global communication through the internet, we have the means
and possibility before us to forge the most diverse manifestation of cultures
and societies that humanity has ever known.
--Andrew Gavin Marshall, Chapter 17
16. Real economic democracy, defined as the
unfettered opportunity for every person to achieve his productive potential and
be fairly rewarded for doing so, does not exist on the earth today. The economic life of the world today is based
on the predation inherent in predatory capitalism, where the people with the
most money are the ones in charge.
Instrumental
in control of economics by the rich . . has been the debt-based monetary
system, where credit becomes the monopoly of large, private, financial
interests, who in turn control governments, intelligence services and military
establishments. Politicians are bought
and sold, thereby elected or removed, or even assassinated for this purpose. The global monetary system is tightly
controlled and coordinated at the top by the leaders of the central banks, who
work for the world's richest people . --Richard C. Cook, Chapter 18
17. When the smartest guys in the room designed
their credit default swaps, they forgot to ask one thing: What if the parties on the
other side of the bet don't have the money to pay up?
If there are
no rules, the players can cheat; and cheat they have, with a gambler's
addiction.
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
2
1
1
