Purging the Phony Pillars of Power Politics in America

Money is the blood of all nations. When the heart of any nation becomes corrupt, the body politic gradually becomes cancerous and feeds off itself, eventually causing the death of both the nation, the family and all individual liberties.

Washington D.C. (PRWEB) January 7, 2004 --The Free and Clear Press-The ability to issue a global, national, or corporate currency creates power.

Money is the blood of all nations. When the heart of any nation becomes corrupt, the body politic gradually becomes cancerous and feeds off itself, eventually dying.

Upheavals are the birth of new systems and technology to replace the old. You are bearing witness to the greatest unpheavals in the history of man.

The power to regulate the value of money in the United States once belonged to the people. It was transfered to Congress under the United States Constitution.

The rest of the free world followed the lead of the U.S. with their own forms of democratic government, central banking, and various forms of specie and issuance.

Nazism and Communisim collapsed through the perversion of basic economic laws for the benefit of the few at the expense of the many, despite their massive political rhetoric to the contrary.

Capitalism is following their lead into the 21st century, again despite regulation, government intervention, or political grand standing. The masses didn't start the fire, but they will gradually put it out.

Most analysts fail to point out that the power to regulate the "peoples" money in the US has been transfered for the past ten decades to a privately owned bank, namely the Federal Reserve.

The power of corporations, licensed by the States, to issue currency is regulated by the US SEC and their opposite number at the State level.

The powers of Banking, Insurance and Corporate Finance are held by a tightly knit group of politicians in Washington D.C. that influence individual state policy through the process of politics and appropriations.

Only when economics is removed from politics will sanity return to the subject of free and clear economics.

Individual investors and corporate CEO's are becoming wiser to the corrupted mechanisms of old line capitalism.

They are setting aside their personal desires for the short term and seriously looking at the long term impact of their participation in what has become a dead end form of capitalism.

Money created out of thin air by credit card issuers, banks, savings and loans, and investment bankers, with interest tacked on, is disappearing much more rapidly than the nine decades it took to create $500 trillion in high interest global debt instruments.

Deflation is no longer a threat. Global deflation is a reality as more and more corruption not only in the United States is brought to light, but in Japan, Germany, Britain, Italy and India.

With every new discovery of billions of dollars worth of holes in corporate balance sheets being discovered, the black holes of capitalism are seeing the light of truth and fair justice.

Many more trillions in monies borrowed from banks, which in turn fueled a decade long artifical boom in the global equity markets, which has so far lost $8 trillion in value during the past 36 months, is never going to be repaid.

Over the past decade over $50 trillion in inflated values have disappeared back into the thin air from whence it originated.

The world will never be free and fully democratic as long as we continue to subscribe to the old corrupt ways of creating money, which has served its purpose, but which gradually will become functionally and ethically obsolete.

There is no nation on earth that can say that their money is backed by anything more than confidence and the confidence games of soveriegn nations is swiftly crumbling as the power of the internet educates those who want to know what is really going on.

Instead, existing stockholders are still being both diluted and deluded, after which they are crying foul and blowing their whistles far and wide. Diluted in the sense that firms going bankrupt wind up converting their debt into equity held by the banks and financiers. And then the bankers and the lawyers arrange for more money to be lent to them.

The more corruption is rewarded, the more corrupt you will get until "you the public" loudly demand from your governments, not by way of petition, not by way of letters and emails, but by your physical presence en masse, on the doorsteps of the bankers and lawyers themselves, an end to the rewards and perks of corrupt capitalism.

Deluded in the sense that there is a constant promotion of false value in terms of currency prices relative to earnings. Value is not determined by real evalutions of net present worth but by hype and political circumstance.

Despite efforts to get back to the real fundamentals, Wall Street is still trying to sell Main Street on the idea that we can all get back to business as usual. They have paid a pittance of the profits they illegally garnered to buy off the regulators. And the churning of accounts by way of the mutual fund scandals has given the false illusion of a growth market, echoed by the paid touters on the GE and Microsoft controlled business media channels.

Those getting in early, at the behest of the investment bankers, tend to get out early. This is the essence of capitalism. The greater fool theory. The international deriviatives market is a perfect example of passing the buck (risk) to the next greater fool.

Market manipulation exists at every level of corporate America, and all levels of government, whether on the bullish side or the bearish. It all depends upon who you know, who you are connected to, and who you are paying off and in what legal, although maybe not an ethical manner. The general investing public is getting wise to all this as of late.

What is missing from the markets is a standard medium of exchange or a standard of weights and measures. Why does Coca Cola trade at 10X net tangible book value, one of the the highest priced DOW components, while J.P. Morgan trades at just under 3X book value?

It is public perception of value which is unregulated in the latter, and Wall Street Investment Bankers touting and supporting the artificial high price in the former.

Government intervention will not restore lost confidence in a system which has been crumbling from fraud and deception and has served only those who put the systems into place. The majority of politicians are lawyers or come from a legal background.

Bankers, whether on the equity or debt side of the equation, control the legal profession, no matter which way you toss the coins. The legal profession drafts and makes the laws through a complex system of legislative morass the ordinary citizen cannot even begin to comprehend, as it is shrouded in secrecy and when published is more complex than the anatomy of an entire galaxy. That is the real reason it is called Wall Street and the more you deal with a broker, the broker you get, whether on the macro level or the micro level.

What is lost through the general ignorance of the populace is that all lawyers and bankers are simply middle men. Why would you lend your hard earned capital to a bank, which hires lawyers to regulate its' value, gives you a negative return on your money, while charging your relatives, your associates and your entire network of acquantences a much higher price for using your money?

What is needed, not only in the United States, but around the world, is a global central clearing bank, not owned or controlled by vested interests, but run and administered for the people, by the people, and created from the people, bypassing all existing dysfunctional systems in place eventually replacing our current system of capitalism which benefits the greatest good for the greatest number. Only the Internet makes this possible now for over one billion people. 20% of the worlds population is now interconnected to each of us via the Internet.

This global central bank would re-establish a global standard of weights and measures for all forms of issuance, and provide debt financing at zero interest, yet would still charge a fee to cover its expenses in administration.

This process would eventually eliminate all forms of speculation, greed, and false prophets (analysts) from a truly free market, for what is perceived to be a free market in democratic nations is in reality highly controlled by those phony pillars who practice power politics.

Such a global central bank is in formation, and will lay the foundations for the future liquidity of the rest of the system, public and private.

It alone will become the global lender of last resort as you witness the Enronian style collapses of financial institutions that become exposed further in their bribery scandals entwined with corrupt government lawyers who use the media and the power of the internet to misdirect attention from their phony pillars of power politics gradually and consistently being purged by those who communicate the whole truth, and nothing but the truth.

In the meantime, proponents of this new honest capitalism have focused the attention of the media on what's wrong with the current system, and it may take several more years to purge those pillars that keep it in place, but as you are tatamount to witness certain events taking place globally, you will eventually know that we all did it for the greatest good for the greatest number of all concerned.

After all, its your money!

Permission to freely publish or distribute freely granted provided credit is given where credit is due.

Copyright C 2004. All World Rights Reserved. The Free and Clear Society International. Reprinted by permission through the Free and Clear Policy Institute, Washington D.C. Sponsored by the Free and Clear Foundations of America, Inc.
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