MARY ELLEN BROWN ~ WEB OF DEBT ~ 2007

~ WHRTEOTLOTDMT-AWHTCSSOPSITEITS ~ We Have Reached The End Of The Line On The Debt-Money Train – And Will Have To Consider Some Sort Of Paradigm Shift If The Economy Is To Survive

~ TPOTUS-LTOTTW-HBHMIDTSTBSOAPIC ~ The People Of The United States – Like Those Of The Third World – Have Become Hopelessly Mired In Debt To Support The Banking System Of A Private International Cartel

~ LIACPAB-WTRCAIBSAWTSWO’C’COCS ~ Local Ineptitude And Corrupt Politicians Are Blamed – When The Real Culprits Are International Banking Speculators Armed With Tsunami-Sized Walls Of – “Credit” – Created On Computer Screens

~ SHBKTBDCANEIASD ~ Speculation Has Been Known To Bring Down Currencies And National Economics In A Single Day

~ TBP-‘S’-GFC-G-TMGCBD-HTDHCTP-AWTDWTM-WNOICTTB-DUTMFTOE-TPWSWTB ~ The Banks Preferred – “Stable” – Governments For Clients – Generally – That Meant Governments Controlled By Dictators – How These Dictators Had Come To Power – And What They Did With The Money – Were Not Of Immediate Concern To The Banks – Dictators Used The Money For Their Own Ends – The People Were Saddled With The Bill

~ TOSTTCI-TG-‘R’-MITS-R-I-F-D-F-GILT-OTSFDBTAC ~ The Only Solution To This Conundrum Is – To Get – “Real” – Money Into The System – Real – Interest-Free – Debt-Free – Government-Issued Legal Tender – Of The Sort First Devised By The American Colonists

~ SNSPTDITOC-IBSBTOG ~ Sovereign Nations Should Pay Their Debts In Their Own Currencies – Issued Greenback-Style By Their Own Governments

~ TBSHBGBIPDAAF-ATFAHSUTRA ~ The Banking System Has Become Gridlocked Because Its Pretended “Derivative” Assets Are Fake – And The Fake Assets Have Swallowed Up The Real Assets

~ IABWDIT1980-WGRWCAISFWBHTBF-B-RACC-AETMTBOTT ~ It All Began With Deregulation In The 1980s – When Government Regulation Was Considered An Irrational Scheme From Which Business Had To Be Freed – But – Regulations Are Criminal Codes – And Eliminating Them Meant Turning Business Over To Thieves

~ GRPTCO’FM’WRV-WTRWE-FMBTOOTD-IMIAVOVCVD-WWOMIOAC ~ Government Regulation Prevented The Creation Of “Funny Money” Without Real Value – When The Regulations Were Eliminate – Funny Money Became The Order Of The Day – It Manifested In A Variety Of Very Complex Vehicles Derivatives – Which Were Often Made Intentionally Obscure And Confusing

~ TIN-M-CB-IB-MF-E-TNDODFIE-TDSTLBOOOE-OF-OF-ONI-OLS-ABSDTPO-IP-DY-AWAOEOTB ~ There Is No – Major – Commercial Bank – Investment Bank – Mutual Fund – Etc. – That Is Not Dependent On Derivatives For Its Existence – These Derivatives Suck The Life’s Blood Out Of Our Economy – Our Farms – Our Factories – Our Nation’s Infrastructure – Our Living Standards – Are Being Sucked Dry To Pay Off – Interest Payments – Dividend Yields – As Well As Other Earnings On The Bubble

~ ITIFS-DIM ~ In Today’s Illusory Financial Scheme – Debt Is Money

~ ITMIKTSFS-TTAETSIATTH ~ If Taxpayer Money Is Keeping The Ship From Sinking – The Taxpayers Are Entitled To Step In And Take The Helm

~ BI-SBTM-CASBMPIOFTBOTT ~ Banking Institutions Supported By Taxpayer Money – Can And Should Be Made Public Institutions Operated For The Benefit Of The Taxpayers

~ TFAAOTB-AATOD? ~ Time For An Audit Of The Banks – And A Tax On Derivatives?

~ EAVMTO-OTOO%-WBDTOITO-ATTBTAR ~ Even A Very Modest Tax Of – One-Tenth Of One Percent – Would Bring Derivative Trades Out Into The Open – Allowing Them To Be Traced And Regulated

~ UR-EINITOTIISM-ASSD ~ Until Recently – Every Industrialized Nation Imposed Taxes On Trades In Its Stock Market – And Several Still Do

~ SMTITOFOGTLET-TGHNRTFOFOGOO-AIIFBETTUATPO ~ Stock Market Trading Is The Only Form Of Gambling That Largely Escapes Taxation – The Government Has No Reason To Favor One Form Of Gambling Over Others – And It Is Far Better Economically To Tax Unproductive Activities Than Productive Ones

~ ADTMDMTJRMFTG-ICAKTDB-SEAVSTLOMTWMTU ~ A Derivative Tax Might Do More Than Just Raise Money For The Government – It Could Actually Kill The Derivatives Business – Since Even A Very Small Tax Leveraged Over Many Trades Would Make Them Unprofitable

~ AIBISADT-NMITE-WBDBOWTDWR ~ Avoid Inflation By Increasing Supply And Demand Together – New Money Into The Economy – Would Be Drawn Back Out When The Debt Was Repaid

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s