Money as Debt also known as Credit

The book is called Against Usury and the author is Robert van de Weyer – an economics lecturer who became a priest. Of course: he resolves the economic and ecological crisis, as any critical thinker / writer could. But: it is also clear that the agenda of the global financial elite is NOT to solve [

From David Graeber, the author: ============= Hello, friendly strangers, I’m delighted to announce my new book…. ——————————————— DEBT: THE FIRST 5000 YEARS ——————————————— is finally, finally out! http://www.amazon.co.uk/Debt-First-5-000-Years/dp/1933633867 This is a work of scholarship, and politic

1) Bankers, according to the London Times, launder about 400 billion dollars a year or more in illegal weapons sales. The next time you hear of an African war lord killing families so he can kidnap young boys to become child soldiers and young girls to become child sex slaves, please remember that t

Let me count the ways: Banks create Credit from thin air and dare to ‘sell’ it for ‘interest’, when they could provide an honest service. Governments borrow and pay interest and dare to charge us taxes, when they could issue interest-free Cash into the economy. “Credit” created by banks (and other f

This is a remarkable US initiative by victims of foreclosures who have a group of “Warrior Layers” as their allies. Together they mount a class action against the Fed. Join in! May this become a model for more class actions against more central banks!

This article is a neat summary of alternatives to ‘debt based’ money, created ‘from thin air’, and unscrupulously ‘sold’ as ‘money’, as if it were Cash, minted by Nation States, when, in fact, it comes from private bank(st)ers.  

The New York SUN has published an interesting Editorial on March 20, 2011:A ‘Unique’ Form for ‘Terrorism’, comparing Bernard von NotHaus who has been coining the Liberty Dollar (site removed due to Court Order!) with Ben Bernanke the boss of the Federal Reserve. Von Nothaus wanted to bring our monet

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 [..

Perfectly brilliant animated video: on a British site as “Plan B” for the British economy suggesting to cut bonuses and benefits to bankers.. Too much common sense!…

Economist James K Galbraith gave a presentation to the Senate Judiciary Committee in which he speaks of “financial fraud” as the cause for the “crisis”. But that’s not enough: Central Bankers create “currency” as “public debt” from thin air, charge interest to the Government (in the UK as much as th