US National Debt tripled from 2001: learn, demand monetary reform

I wrote of Claremont Colleges’ conference on credit and monetary reform, emphasized in importance from CNSNews noting escalation of US national debt to nearly triple its total from 2001 ($5.7 to $15.7 trillion).

Monetary and credit reform can be understood with three simple areas of facts taught in basic economics:

  1. The US does not have a money supply; we have its Orwellian opposite as a debt supply. This is because the US leading banks won legal right through passage of the 1913 Federal Reserve Act to have private banks and the Fed create debt for what we use as money, and then charge the 99% for its use.
  2. The policy choice of a debt supply compounded with interest causes ever-increasing aggregate debt that can never be repaid. It can’t be repaid because this is what we use for money. The US national debt now pushing $16 trillion has a gross annual interest payment over $400 billion a year; ~$4,000 per US family of $50,000 annual income (if your household earns $100,000, then your gross annual interest payment is ~$8,000 every year).
  3. Monetary reform creates debt-free money that extinguishes the debt (details here), and allows government to become employer of last resort for infrastructure investment (hard and soft). This creates full-employment, optimal infrastructure, and falling prices because infrastructure historically creates more value to the economy than cost. Credit reform allows for public loans (interest directly pays for public goods/services) as another monetary tool for stable money supply (credit reform details here).

Obviously, monetary and credit reform benefits 100% of humanity because it guarantees full employment, optimal infrastructure, and no government debt/interest cost. The current parasitic system benefits a 1% banking oligarchy that causes cyclical unemployment and poverty, decays infrastructure (especially as debt and interest costs accelerate as they do today), and enslaves the 99% to permanent and escalating debt.

Obviously, Occupy and the 99% must command the above three facts or continue their debt-damnation from a criminally fraudulent 1% claiming debt rather than money is somehow intelligent, practical, and “good” for the 99%.

If you’d like further education, here’s further written and spoken briefs:

Debt-damned economics: learn monetary reform or kiss your assets goodbye

Podcast: understanding US economic crime, obvious solutions to unleash trillions


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  • gozounlimited

    You might be interested in this from Activist Post…..

    18 Venn diagrams showing how corrupted American ‘democracy’ really is

    A phenomenal series of Venn diagrams at the end of this article shows in painstaking detail just how corrupted our political system in the United States has become.

    When I look at the the connections of Goldman Sachs, it makes me wonder how anyone thought that people actually had the brazenness to claim that those pointing out the revolving door between Wall Street and Washington conspiracy theorists.

    Thankfully, as is often the case, the so-called “Government Sachs” conspiracy theorists were right all along, and when it is laid out as it is above it makes it obvious why this is the case.

    These are perfect visual representations of how what should be our government has become a government that serves corporate interests to the detriment of the American people.

    Read more » http://www.activistpost.com/2012/04/18-venn-diagrams-showing-how-corrupted.html
    *****
    Goldman Sachs Tied to the Sordid World of the Monied Elite

    If anyone ever doubted that Goldman Sachs could get any sleazier than the reputation the institution has garnered over the last few years, recent discoveries regarding the major bank’s ties to underage prostitution have served to aid in sullying the name even further.

    Earlier this month, Nicholas Kristof of the New York Times revealed in his article, “Financiers and Sex Trafficking,” that Goldman Sachs was a 16% stakeholder in one of the biggest public sex trafficking forums in the United States – Backpage.com.

    I say “public sex trafficking forums” because Backpage is obviously publicly accessible, while more hardcore and illegal activities are clearly hidden from the view of the general citizen. This is because many of the patrons of such operations tend to be the very wealthy in addition to the average run-of-the-mill sexual deviant living in his basement who might be more likely to consult Backpage for its services.

    For those unfamiliar with the story, Backpage is a website that provides ads for “escort services” all across the United States and in most metropolitan cities. Of course, many of these ads are placed and answered by consenting adults. However, it is also true that there is a great deal of evidence to show that Backpage plays a role in trafficking minors and women coerced into prostitution.

    Read more » http://www.activistpost.com/2012/04/goldman-sachs-tied-to-sordid-world-of.html
    *****
    The American who quit money to live in a cave

    Daniel Suelo lives in caves in the canyonlands of Utah. He survives by harvesting wild foods and eating roadkill.

    He has no job, no bank account and does not accept government welfare. In fact, Suelo has no money at all.

    Suelo may have shunned all the trappings of modern American life, but he is not an isolationist.

    Since abandoning money in 2000, the former cook from Moab, Utah has remained an active member of his community and avid blogger.

    Mark Sundeen, author of The Man Who Quit Money, admits many people would regard Suelo’s alternative lifestyle as bizarre. But the 2008 financial crash has led many to question the value of money. He explains some of the lessons found in Suelo’s philosophy.

    see video: http://www.youtube.com/watch?v=CtafqbZBESM&feature=player_embedded

    • gozounlimited

      Romney/Bain (weather channel, weather derivatives) update:

      Disgusting. Psychopaths willing to spray and poison their families for a buck

      Chemtrails. A phenomenon we all see, fret about, theorize and learn about. I have written or posted about chemtrails often enough in the past. This author, Peter Kirby, has opened up a whole new door of possibilities as to at least one purpose served by chemtrails that I would never have considered, simply because, naïve me, I had not considered the financial gain to be created as a result of the weather changes that never fail to follow a heavy layer of aerosol chemicals in the skies.

      We know Wall Street brokers and their ilk will gamble on anything that moves if there is a buck to be made. Heck, a penny to be made. Who would have thought that gambling on the weather would be a billion dollar business? Read on….http://www.informantnews.com/modules.php?name=News&file=article&sid=264
      *****
      Dr. Hildy: What do Weather Modification, Hedge Funds, and Derivatives Have in Common?

      September 14, 2011: One Cell One Light Radio with Dr. Hildegarde Staninger, RIET-1 Guest: Rosalind Peterson See the Chicken Little Plus video at: http://www.youtube.com While controlling the weather is most often presented as fantasy, such as the super powers of Marvel Comics character Storm, modern technology has made it relatively easy to influence certain weather patterns. In fact, there are weather modification programs ongoing in over seventy countries throughout the world — including here in the United States. These programs are far from secret, as many are advertised and government-run. But what most people don’t realize is the extent to which these programs can also influence our economy — and not in ways you’d expect. This week on One Cell One Light™ Radio, Dr. Staninger welcomes Rosalind Peterson, California President and Co-Founder of the Agriculture Defense Coalition (ADC), and California Skywatch. Formed in 2006, the ADC is dedicated to protecting agriculture, our water supplies, trees, and pollinators from a wide variety of experimental weather modification and atmospheric testing programs, toxic chemicals, geo-engineering, and other experiments. Since climate control programs are fairly unregulated, as no public notice is needed to run these programs except to report them to the NOAA, they often go unnoticed by the general public. Most programs use methods of cloud-seeding — using particulates such as silver iodide to generate precipitation, either by aircraft.

      Download or play video …. http://zomobo.net/play.php?id=fifFIWcXGlU
      *****
      With Derivatives, you can Bet on anything — Even the Weather!

      Psssst! Dudes, would you like to buy a few Rainy Days? … We got a Truckload of them we need to Unload!

      read more: http://www.docudharma.com/showDiary.do;jsessionid=4C97A3300D3094BA6877B83C82E2BBEC?diaryId=20679
      *****
      Chemtrail Weather Control – NBC4
      If you don’t believe that weather modification is going on via chemtrails, look here: http://www.youtube.com/watch?v=C455lMfHfb4

  • http://rehmat1.wordpress.com/ Rehmat

    In 2002, GOP presidential hopeful, Rep. Ron Paul, made a few predictions about the US and Americans in the future. Surprisingly, many of them have come true. Watch video below.

    http://rehmat1.wordpress.com/2012/01/23/ron-paul-did-not-i-warn-you/

  • edgar

    The U.S. national debt, a great visual that puts it all in perspective.

 

 

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