Category Archives: From ‘Profitable’ to ‘Charitable’

Core Belief 8: From ‘Profitable’ to ‘Charitable’ – To repair the damage we are now causing our Planet and each other by adopting ‘Charitable’ human endeavour over ‘Profitable’ human endeavour, prioritising the broader values of charitable thinking and endeavour in how we live Life, ending our current profit driven path to self-destruction.

Who Actually Owns ‘Our’ Money?

banks photo

 “You never change things by fighting the existing reality.  To change something, build a new model that makes the existing model obsolete.” – Richard Buckminster Fuller  

In a piece last week http://www.globalmagnacarta.org/wp-admin/post.php?post=631&action=edit

I alluded to the ‘farcical’ nature of our money, as the taxes we pay are now used to compensate us when the banks steal our money . . . We seem to be paying for everything!!! As I pondered this the penny suddenly dropped.

(I know, I know. Not the brightest in the chandelier but I get there eventually!)

I was explaining how the next collapse will see the banks convert, not our taxes this time but our savings, current accounts and investments into their assets. “But they can’t do that” I hear you say, “It’s OUR money!!!”

Ah! No! Sadly it isn’t . . . It’s theirs! They print it (out of thin air) and then distribute it as 97% of the world’s currencies, charging us compound interest for its use (In Greece’s case at 18%). Every note, coin and digital statement in our pockets, purses, wallets and bank accounts is their property, we are merely borrowing it.

As their property, they can do with it whatever they like and that is precisely what they do. Before the penny dropped I wrote on a number of occasions about 2008 being the greatest financial heist in the history of our species. Sadly I have been misleading you and doing an injustice to the banks. As it’s their money no theft occurred!

All they did was move their money from our ‘taxes pot’ to their seriously broken ‘banking pot’ to repair the damage they had done with all of their sub-prime mortgage/odious debt lending. In taking it out of our ‘taxes pot’ this then left governments without any money to run their countries and so they had to borrow from the banks, something many couldn’t afford.

Therefore the banks insisted governments applied ‘Austerity’ measures, to meet these new debt commitments, which provided them with the excuse to take what isn’t theirs, namely our national assets. They can do all of this because they own and control the global supply of money, which they can hand out or take back whenever they choose and currently there is nothing our governments seem to want to do about it.

When the next collapse occurs they will move their money from our bank accounts into their own bank account, thereby making them solvent again and removing another vast chunk of money out of Society. In Europe the appropriate legislation has already been enacted to make it all appear legal to us, when in fact they don’t really need these cosmetics . . . because it’s all their money. (Just making the point again!)

The widening gap between the rich and poor is because the banks are now choosing to put their money, by the trillion, in the hands of their mates – the global corporations. They are not putting it with the people, who could start the economy growing again, because they choose not to.

Our enslavement by debt is, I believe, the means by which they are hardening their already extensive hold over a now very shaky global financial system that is riddled with Odious debt. (It may also help suppress our growing liberation by the internet.)

It is difficult to find alternative reasons, as I watch the tyrannical ferocity of their demands for the total capitulation of the financially insignificant country of Greece. The world is coming to recognise that this is not responsible banking practice but intimidation in its rawest form, designed to send out a clear message that nobody stands up to the banks.

And from both political and financial perspectives this treatment gets a lot worse. Not only are they destroying democracy, by putting unelected representatives in to run the country but also destroying it with debt. Demanding Greece now takes a new ‘credit card’ with a higher credit limit, to be used specifically to pay off the ‘credit card’ previously issued to them, (and invest little of it in the country), is simply repaying Odious debt with more Odious debt!

Over the years I have read a number of purported conspiracy theories, which to date I have taken with a pinch of salt. These theories suggest that all of the American Presidents who have been assassinated, from Abraham Lincoln to John F Kennedy, had one thing in common. They were all committed to taking away from private banks the issue of the country’s currency and returning it, many would argue rightfully, to a government run Public Banking system that would be of far greater benefit to the people and the economy.

As I ponder this and the mystery that still surrounds the death of JFK, I begin to wonder about these supposed conspiracy theories. Is it possible that what to me was previously ‘farcical’ is indeed lacking in any humour whatsoever?

 

Until the next time.

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes

A British ‘EU’

britain photo

We are just 3 years from the 60th anniversary of the Treaty of Rome and I question what has been learned, be it political, financial or social. Politicians have certainly birthed a bureaucratic monster that devours whole countries and spews out endless rules and regulations from their ingestion. It demands uniformity instead of integration and offers little in return.

Like the banks, the EU has become ‘too big to work’, with its growing detachment from the very people who vote it with power and whom it is supposed to serve. Instead we are now seeing a monolith, controlled by the banks, exercising a style of power normally associated with dictatorships, if Greece is anything to go by.

If this is it after nearly six decades of European ‘Unity’ I, for one, really don’t want to continue. Business would disagree, I know but current research by independent bodies such as Open Europe suggest that in event of a Brexit we could survive in the big wide world of free trade, with little difference to GDP if we work our talents.  http://tinyurl.com/mexwzez

If we now know that ‘too big’ doesn’t work, we also know that ‘small is beautiful’. After all, look at Switzerland, Lichtenstein, Monaco, New Zealand and many more who are all doing quite nicely thank you!

Following the Scottish Referendum last year and the groundswell of popular sentiment across the whole of the UK for greater independence, the response from Club Westminster has been a string of platitudes to Wales, Ireland, Scotland and the larger cities in England, with the usual lack of substance or political will.

I would like to offer here an argument for us, in some ways, mimicking the structure of the EU on these islands. Creating independent governments for Wales, Ireland, Scotland and England would have many benefits, not least in bringing new motivation and thinking to how we run our lives.

Club Westminster has gained too much control and increasingly abuses its power as it divorces itself from the electorate and aligns with the corporate world. ‘Localising’ government brings the whole democratic process back to the people. The closer to the people the more accountable government becomes, something Brussels practices in reverse!

By encouraging the potential for national development in this manner, each nation can realise the true potential of its people and natural resources without fearing the need to subsidise the other players. Instead of subsidy we open up profitable trade and barter with each other and a far healthier underlying support system in the early days of this fledgling union.

Like any new venture, the better and longer you have known your partners the greater the chances of success. We could not ask for a better relationship than that which lies within the strength of our history, thereby providing a strong foundation for each nation to go out into the big wide world.

Leadership is critical, as four governments led by career politicians without vision would have political point scoring outweigh the development of each country’s potential. It is here that some common direction and values are necessary and I am drawn to a constitution that would hold all four accountable to democratically agreed common values.

It would certainly address protection of the Earth and its inhabitants, debt free money supply, gender equality, unsullied education of the young and true democracy, with freedom of the internet and more. With such a ‘Magna Carta’ drawing and holding the union together, in the early days at least, it might be watched over by the only institution that has solely focussed upon our national values and has no political or corporate affiliations . . . Our present monarchy.

I know this could be a bone of contention for some but think about it. Our royal family has a unique background in simply caring about this country and its people through a true understanding and experience of ALL the four components of this new union. Who is more trusted and better able to call each government to account to its people for breaches of the constitution?

Of course there would be a central council of the WISE (Wales Ireland Scotland England) to run joint responsibilities such as defence. This would form a meeting point for joint ventures and new directions, as well as resolving union problems and abuses. Thereafter we would have autonomous countries free to earn their keep and pay their way under the umbrella of a British Union.

I accept this is a scant overview of a vast subject that will take considerable debate but the thrust of my argument is twofold. Firstly we would not go under if we left the EU, because we are free of crippling regulation and second, for the common good of the people who make up the majority, ‘small’ works over ‘big’ every time!

Until the next time

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes