According to the Associated Press, federal negotiators are close to concluding a deal with major banks that would essentially forgive them of crimes committed in connection with the mortgage crisis. You can read the story here, and a critique of the proposed settlement here: Obama Is on the Brink of a Settlement With the Big Banks—and Progressives Are Furious.
Beyond Money
Devoted to the liberation of money and credit, and the restoration of the commons
The End of Money…
My latest book, The End of Money and the Future of Civilization, is now available.
Order it from Chelsea Green Publishing, Amazon.com, or your local bookstore. You can also read a preview containing several chapters at http://books.google.com/.
Beyond Money- Upcoming Interview May 22, 2012Tomorrow, Tuesday, May 22, I will be the guest of Jay Taylor on his program, Turning Hard Times into Good Times. You can listen to it live starting at 12:30 PM Pacific time (3:30 Eastern) or find it archived late Wednesday on the Voice America website, www.voiceamerica.com. Please see the announcement below. ______________________________________________ Voi […]
- Food, population and climate change: Where are we headed and what can we do? May 10, 2012Here’s an excellent video that packs a lot of information into six short minutes, and does it in a way that is clear and comprehensible. It’s a good example of effective communication that I hope we can emulate to describe the problem of money, banking, finance and debt. — t.h.g.
- Big Brother is watching you…and groping, and detaining, and… April 9, 2012What’s next? This article by Naomi Wolff describes just how far advanced tyranny is in the United States today. With few exceptions, our national leaders who have sworn to uphold the Constitution have trampled it into the dirt. Isn’t there a name for that?–t.h.g. How the US Uses Sexual Humiliation as a Political Tool to [...]
- Iceland takes a more rational approach to the finacial crisis April 5, 2012A Bloomberg report of February 28, 2012 describes the steps that Iceland has been taking to deal with their banking crisis. A basic feature of their policy has been debt relief for homeowners. Here’s are some excerpts: “Once it became clear back in October 2008 that the island’s banks were beyond saving, the government stepped [...]
- Who buys US bonds when foreign countries and investors won’t? April 3, 2012Answer: The Federal Reserve Question: Where does the Fed get the money to buy the bonds? Answer: It creates it. That’s right, the Fed has no money, but the Congress long ago empowered the Federal Reserve Bank to create money by buying government (and other) securities. This is known as “monetizing the debt,” which amounts [...]
- European Quality of Life: Is that really Socialism? April 2, 2012
- The inexorable march toward tyranny and the end of the American Republic March 28, 2012It did not begin with Obama, and it will not end with him, it is a course that has been maintained by all administrations, Democrat and Republican, over many decades, but it is now approaching a climax. It’s all about control—centralized control, which leaves no room for popular participation or democratic government. The oligarchs who [...]
- Small entrepreneurs differ from Big Business March 27, 2012We should not confuse capitalism and corporatism with “free markets,” which I hope will always be with us, nor should we believe that mega-corporations are the same as “Mom and Pop” enterprises. The corporate “wolves” that are intent on centralizing power like to masquerade as entrepreneurial “sheep” so that th […]
- Toward a sane economics March 25, 2012This TEDx video by Peter Joseph, creator of the Zeitgeist movies series, contrasts two opposing economic frameworks that need to be considered in transcending our present global predicament. He shows that the entire incentive structure of the dominant paradigm of political economy is all wrong, and outlines some of the necessary attributes of a sustainable [ […]
- Money as Debt 3, now available on YouTube March 18, 2012Here is Paul Grignon’s latest video animation that explains the money and banking problem and it’s fundamental importance to the future of civilization. Please note the opening quote of E. C. Riegel,whom I have acknowledged as the most important source of my own understanding. You can find links to Riegel’s writings elsewhere on this site, [...] […]
- Upcoming Interview May 22, 2012
