The American People are being treated to conversations & debates surrounding the Federal Budget, the Federal Debt and the role of Government. I recently watched an interesting documentary called: ZeitGeist: Addendum (movie) - http://www.youtube.com/watch?v=EewGMBOB4Gg
More info can be found at: The ZeitGeist Movement - http://www.thezeitgeistmovement.com/ and
http://www.zeitgeistmovie.com/
The central basis centers around the role of money, how the Big Banks & Federal Reserve function and how the United States Government borrows money from these Private institutions.
One of the central documents cited in understanding this role is called: Modern Money Mechanics (book) - http://archive.org/details/ModernMoneyMechanics
This Guiding document was written to explain our monetary system and, this quote describes this topic best.
"If there were no debts in our money system, there wouldn't be any money" - Marriner Eccles - Governor of the Federal Reserve - Sept. 30th 1941
Abraham Lincoln: "To pay off the debt was to destroy the money supply." - http://www.xat.org/xat/usury.html
Another aspect centers around a court case called:
First National Bank of Montgomery vs. Jerome Daly, State of Minnesota, County of Scott
http://www.scribd.com/doc/31817208/Jerome-Daly-vs-First-National-Bank-of-Montgomery
The main theme of this court case is regarding a home Foreclosure and how this individual won his case against the bank, based upon a legal concept known as: Consideration (a contracts basis).
This one court case should serve as a template for anyone who has underwent or is currently embroiled in a foreclosure.
I truly advise everyone to take the time to watch this movie at: ZeitGeist: Addendum (movie) - http://www.youtube.com/watch?v=EewGMBOB4Gg
To sum it up, our Money is based upon a Ponzi scheme. Only 1% of our money is printed while 99% is purely digital.
As a side note, there is a group called: The Venus Project - http://www.thevenusproject.com/ which offers possible solutions to the many problems associated with our monetary system and how it effects Society.
~@~
A current conversation: http://www.nbcnews.com/id/3036789/ns/msnbc_tv-morning_joe/#51175116
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Comments: 3
To say that money only exists when there is debt is ludicrious.
Money problems can crop up but when they do they are exclusively related to the central banks' misuses and missteps (like quantitative easing).
It's human nature to try to get your face out of the water to breathe. In that context it's human nature to lift your head. In the context of the kind of money every nation throughout history has used it's human nature for some people to steal, commit fraud, impose taxes, treat his neighbor as a potential enemy, and charge as much as the market will bear. If you change the context, you change the behavior.
Who said that money only exists when there is debt? That's a silly thing to say in light of coins and other items of money.
It's also silly to say that money problems are exclusively related to the central banks' misuses and missteps. Even before banks were invented back hundreds of years ago when money in Europe was all in coins there were money problems like inflation, counterfeiting, graft, swindles, taxes, armed robbery, poverty, and so forth. Even popes were bought.