We're supposed to be born free, but now become virtual slaves of debt and usury! We have the universal rights to be free again.
The Philippine Government (also applicable to any government in the world) should take up its responsibility to create the money debt-free by legislation, and therefore, as a democratic country in the South-East Asia, the only claimed to be Christian nation in the region, should lead by example to implement ECONOMIC DEMOCRACY -- the financial-economic policies to provide a guaranteed economic security to every Filipino citizen as a matter of economic rights without condition and discrimination in the form of NATIONAL DIVIDEND or extra basic income to be financed interchangeably by taxation, if possible, not from taxes, and not from any domestic or foreign borrowings, but from the NEW CREATION OF MONEY DEBT FREE.
The Government-Created-Money by legislation, by popular Filipino people's demands through the facilities of STATE-OWNED CENTRAL BANK - the necessity to reverse the central banking policies and amend the Philippine Constitution and/or public banking schemes - can ignite and revive HOPE to Philippines to eliminate unnecessary domestic and foreign debts, interest payments, taxes, poverty, hunger, crimes and environmental destruction at already at calamitous proportions.
With debt-free money, the Government can kick-start the blossoming of provincial and regional economies without tensions, pressures and violence.
The rightful and unconditional provision of a dividend to every Filipino citizen, father, mother and child, annually, let say, a proposal, at the rate of $1,000 in the Philippine Peso value of P43,000, more or less, can certainly reap considerable benefits and help the household's buying power with dignity and prosperity.
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If the Philippine Government and the people remain in the trap and chains of debt and the dungeon of usury, and of continuing devaluation of currency versus other world currencies, burgeoning and bloating budget deficits, we will, for certain, continue to be in a vicious cycle, sliding back and forth with long-term effects down to the next generation, into dehumanizing levels of poverty, of hunger, starvation, of chaos, violence, corruption, devastation, and man-made apocalyptic events even in the age of global plenty in the 21st century.
The control of money is the easiest way to terminate the lives of the impoverished and oppressed inhabitants. Millions and billions of impoverished poor across the planet are suffocated and shackled every second under debt finance.
Under debt finance disaster capitalism and compounded usury, the majority of Filipinos have long been ruined, shattered, forced to hand to mouth existence and enduring deprivations, hunger and starvation, and millions robbed of their human dignity. We are virtual slaves in our own country and overseas. The plight of the poor has become nightmarish through successive administrations under the tutelage and supervision of the international high finance capitalism, exacerbated by nasty-muddy-corrupt politics and all other attendant evils, ad infinitum.
The financial economic welfare of the Filipino citizens is the major responsibility of the Government where leaders are elected for public service and trust. The Government exists for the citizens, and not citizens for the Government.
Our wealth is for all, without exceptions and discrimination. Money creation that converts to monetary wealth must be based on facts and the reflection of PEOPLE'S WEALTH and money. Our economic system should be based on economic bill of rights, of authentic human rights approach, a philosophy to back up reality, of justice, solidarity, of brotherhood, of equality with theology of charity, mercy and compassion to appreciate the human dignity of everyone and the love and adoration and our appreciation to OUR CREATOR Who created everything for us as PRO BONO, the Author of Life and its diversities and the Owner of All Universal Wealth seen and unseen.
We're all definitely imbued with a certain responsibility, by remorse of conscience, to help effect for change from the oppressive system to system where everyone will be secured, justly guaranteed and prospered without compunction of heart and scruple of conscience, and moral regrets, without fear and above all free from any of God's wrath.
There is enough wealth for everyone in the world with all material indisputable evidences if only there is justice and charity in the minds and hearts of men. There is no any valid reason for the lack of money.
I welcome comments, suggestions and correction.
Eric V. Encina