thoughts: the commons is the missing component in capitalism. Introduce a valued commons, placed under the protection of a trust, and banes of capitalism will be checked and the benefits remain. Please check out The Commons Rising from the Tomales Bay Institute.
thoughts: The FED (the US central bank) must go. It does not 'dampen' the swings of the 'business cycle', it creates them out of whole cloth. That's right: it doesn't guide us through the vicissitudes of a fluctuating market - it creates the risings and fallings to pump money into a select few pockets. That is its raison d'etre.
It was designed by rich bankers and is in violation to the constitution. It is not under government oversight, cannot be audited, and is controlled by private individuals who reap vast profits while contributing nothing to society. It's fractional lending system devalues the money in our pocket - an effective tax. It is the third (or fourth?) central bank in US history. The previous ones were shut down by an outraged public. Jefferson would not tolerate a central bank. It is by no means axiomatic that a central bank is either necessary or desirable for a nation. (check for yourself)
This is a core issue behind the question of "What's wrong in America?'.
thoughts: The FED (the US central bank) must go. It does not 'dampen' the swings of the 'business cycle', it creates them out of whole cloth. That's right: it doesn't guide us through the vicissitudes of a fluctuating market - it creates the risings and fallings to pump money into a select few pockets. That is its raison d'etre.
It was designed by rich bankers and is in violation to the constitution. It is not under government oversight, cannot be audited, and is controlled by private individuals who reap vast profits while contributing nothing to society. It's fractional lending system devalues the money in our pocket - an effective tax. It is the third (or fourth?) central bank in US history. The previous ones were shut down by an outraged public. Jefferson would not tolerate a central bank. It is by no means axiomatic that a central bank is either necessary or desirable for a nation. (check for yourself)
This is a core issue behind the question of "What's wrong in America?'.
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