UK Uncut: the cuts are necessary? The cuts are fair? We are all in this together???

The UK Uncut initiative is a wonderful expression of the Signs of Our Times: it began with a Twitter hashtag #ukuncut what manifested as a sit-in of 70 people in a Vodafone store in London and spread across the country in no uncertain way. Spread the word, join in actions, or at least smile! One [...]

Repudiate This Lie of a Debt!

This is an excellent article that brings together a few important strands of thought: references to Congressman Ron Paul‘s positive and negative inititatives and limited understanding of the monetary system a superb quotation from Thomas Edison about the fact that the Nation should print ALL its money; his original article can be found here a [...]

Video: How to Fix the 2010 Depression

This video is a superb little summary. Directed by former newspaper editor and publisher Bill Still who produced the classic Money Masters, this short video puts together the quotations from a few key people.

Public Debts as the Root Cause of Unsustainable Economies

This article is my answer to the invitation by Will Sharp, editor of Left Foot Forward. He asked for less than 500 words: An economy describes activities that people perform to make a living through money. However, the fundamental difference between Cash and Credit are rarely the object of enquiry among economists. In fact, the [...]

IMF puts Haiti $102 million in debt

It is supposed to look like a gift. But the strings attached are devious: debt slavery of citizens via the State as an institution. The IMF announcement is here. Jubilee USA who alerted me to the news also publishes Resources on Haiti’s Debt. Ask yourself how Haitians are expected to pay the interests on this [...]

Why we should know about the National Debt

Every thinking citizen should know about the National Debt. For it has many different effects: 1. the government forces tax payers to produce interest payments 2. only rich individuals and privileged institutions can buy government bonds to benefit from secure interest payments 3. the State abdicates its power to issue its own money (Cash) free [...]

Debts in the Name of the Nation

This petition to save the canal properties of Waterways stirred me to put as succinctly as possible why the National or Public Debt has reached its most heinous peak of abusing “public” for private enrichment. The sell-off of “Government assets” is in the news: BBC, Mail Online, the Telegraph and more. The National or “Public” [...]

“Slaves to Debt” in “The International”

Last night I watched a main stream action film starring Clive Owen called ‘The International’ – http://en.wikipedia.org/wiki/The_International_(film). Wikipedia summarises the plot well: “Interpol agent Louis Salinger (Clive Owen) and Manhattan Assistant District Attorney Eleanor Whitman (Naomi Watts) are determined to bring to justice one of the world’s most powerful banks, the International Bank of Business [...]

Debt Slavery is the Real Reason behind the Bail-Out

Just in case you might think I’m wrong with my analysis, here is an American voice that explains it in market terms. And The Independent formulates the Big UK question: Could the government bailout of the banks bankrupt the country? In both countries it is clear that and how governments have given up their loyalty [...]

Who can dip into the National Debt pot?

According to this article Bailouts expected to add £1.5 trillion to national debt as tax take tumbles in Times Online on February 20, 2009, “official accountancy rules”, few of the nationalised banks’ assets can be counted in the Government’s books. The big number game continues to be played, to camouflage what is really going on.