Great Video on Google regarding infinity and uncertainty Godel Turin Cantor and Boltzmann
The Patriarchal exploitation of fear or in other words the protection Racquet of Governments Banking and Global Capitalism.
If a picture paints a thousand words then 3 videos along with a song kind of sums up where I am headed with this and then some reading.
I am having fun and games trying to reply to your comment heres my 3rd attempt I hope they do not turn into the preverbial no9 bus and all turn up at once.
North Dakota’s system has been given very good coverage by Ellen Brown a writer and critic of the current private fractional reserve debt money system.
The ownership of the bank and its profit belongs to the State and therefore its tax payers and the issue of the money is on a sustainable basis the current system issuing debt without interest ensures the unsustainable growth model which is a bad thing.
Other shortcomings are manifold and are well known see Eddison and Henry ford and their famous Muscle Shoals speeches.
Lots of this information I have found very well covered here at this web site.
Another very full and helpful e book is available free here.
Finally I posted this in another economics discussion in Linked in the other day, I think the regional banking odel and my suggestion regarding llyods and RBS a regionalisation and governemnt credit based rather than private debt money without interest sysstem are perfectly workable and no more complicated than the system we presently endure and somewhat fairer and cheaper to society at large.
The system is far from safe and inherently dishonest.
Until there is a return to Honest Money, which doesn’t mean the gold standard
but does mean strict reserve ratios and executive and shareholder accountability for losses, we will continue in the present mad hatters tea party masquerading as an economy.
The agenda of dishonesty and lies is not limited to Government but is also hugely apparent in Corporate attitudes particularly in but not limited too the Large banking conglomerates. Globalisation is a massive cult idea that has gone beyond what could be considered an efficient and sustainable use of resources. The globalisation of Banking particularly money markets and what used to be called Hot money is not serving a useful purpose. The distinction between Main Street and Wall street has never been more stark. The skewing of the relative importance of the two has reached a level of obscenity of nauseous proportions.
This is a link to an Australian Blog that demonstrates an Alternative analysis of the usefulness and safeness of Current levels of Bank Profitability, he argues that they are abusing their role in the creation of money supply through debt to generate inappropriate levels of Super Profits this is both unfair undemocratic and damaging to main street.
Days of action, National Strikes big issues requiring some sort of Public show of dissatisfaction. We are being robbed blind by the Banks and the Coalition without mandate and the biggest show of Public solidarity was Wills and Kates Wedding? Wow maybe we are all just fine? personally I think we are being had over and I’m still one of the much better off but have seen a huge fall in value of my real assets when nothing essentially has changed just that the Banks broke themselves and Billions of pounds was borrowed from them by the government to mend them again net result your houses and other investments are worth between 30% and 60% of what they were in 2003. This in itself is not a bad thing except that if you have a Mortgage payments are basically for thin air that the bank lent you in that only between 1/20th ans 1/40th of the banks loan to you existed in actual bank capital and possibly not even that much.
This year the government will decide what to do to fix the banks.
We have to make sure they make the right choice.
“Of all the ways of organising banking, the worst is the one we have today”
– Mervyn King, Governor of the Bank of England
We can help solve problems like debt, poverty, economic chaos and environmental
breakdown just by fixing the way that money and banking works.
The message is spot on Congratulations.
What is refreshing is to see the issue being aired this misconception about Banks and what they do has allowed a very unfair system to perpetuate itself and the 2007/08 debacle should have brought the fault line running through the whole system into sharp relief.
People if given the facts will get it and they will not like it what is then adopted in place of what we currently have has a political and ideological aspect. It is in this area that the issue could stand or fall especially if debate is polarised into that sphere ahead of dealing with the main problem which is Private Banks create and control the Money Supply underwritten by Taxpayers through Government.
We really need something like the full nationalisation of Llyods and RBS and their constitution to be based on some sort of Public Trust owned by the stake holders in the UK economy with representatives on a board of trustees similar to the BOE monetary policy committee but with wider experience i.e the Public services and community groups should be represented as should unions and trade associations and indeed Banking.
Banking should still be welcome at the table but Bankers should only be allowed to Gamble with their own money or that of their shareholders and giving them control of the money supply is the biggest conflict of interest I have ever come across.
I was reminded recently of the need to keep things simple and really do think that simply stating the facts as this campaign does and standing ready with sensible and practical solutions to the inevitable concerns that people from all sides will properly raise is a very good prospect as this is an obvious solution just waiting to happen.
Well done again I do think this is a brilliant start to doing something about this and can see that a huge amount of effort has already gone into it for which I thank all of the people who have made this happen.
Positive Money – Fixing what's wrong with the banks.
For the past Two years I have followed with increasing amazement the sheer un evenness of the Debate on Climate Change by any stretch for research science it is almost completely one sided. The money is backing the CO2 side of the debate and they have the PR budgets sewn up as well as most of the research money. I am an Environmentalist probably what some might even describe as being of a Tree Hugging bent I find the Notion of Carbon Trading highly suspect my preferred solution is to Tax the Polluter at source and provide disincentives to creating unnecessary demand. Typical chicken and egg stuff but consumerism is the invention of capitalism in my own world view( YMMV ) That wonderful internetism “Your Mileage May Vary”. is applicable to to all statements one might make of opinion or indeed apparent empirical notions.
So why is it relevant, well cue music. Sleepers Awake, J. S Bach, Black Beauty or Llyods TSB Theme Tune. To challenge the hugely profitable vested interests. That what is proposed challenges this, is just one example of the ingrained acceptance of their existence and safeness conditioned into all of our psyches they have the Right to be the custodians of their System which is for our benefit how dare we question.
The Economist is running discussion on whether Banking is now safe, This was posted in the discussion this morning.
Abraham Baeza • Yes it’s safe and will continue to do so for the next few years. Sure some banks will be sacrificed and millions of jobs, assets and money will be lost with new schemes and complex investments, but it’s naive to consider a world without banks or financial institutions. I’m pretty sure the banking system will remain stable as long as there’s need for capital and money supply.
Roger Lewis • Abraham, No one in the preceding comments even hints at a world without Banks or Financial institutions. As for the notion of sacrificing some banks and blithe acceptance of new schemes and complex investments I wonder at which school of comic / tradgedy you took the unit on? Perhaps it was Ironic observational deconstructionism, taught by a certain M Freidman at Chicago.
The banking system is a feral WMD and systemically unstable What Nassim N Taleb calls
“epistemic arrogance” typifies the Arrogance of the System and this is not safe.
You can join in the discussion here.
There are other examples of the well meaning Group Think that will be encountered there are evangelical believers in the Status quo and it is this army of footsoldiers who will be motivated into getting the Vote Out against the “Deniers” “Flat Earthers” ” Tin Foil Hatters” we may as well choose a perjorative we also find amusing right now and try and introduce it as the common coinage of phrase. Something that conjures up the idea of Profligate scroungers would be ideal maybe “the Rakes”. Anyway I think you can see where I’m going with this. Heres the communication strategy for the Climate Carbon Trading Lobby this is what we will be up against.
Anyway I thought a communication/ PR strategy would be a sensible discussion to start.
All the Best