Ethical Money & Business - Comment

Chris Hedges"The only word these corporations know is more. They are disemboweling every last social service program funded by the taxpayers, from education to Social Security, because they want that money themselves. Let the sick die. Let the poor go hungry. Let families be tossed in the street. Let the unemployed rot. Let children in the inner city or rural wastelands learn nothing and live in misery and fear. Let the students finish school with no jobs and no prospects of jobs. Let the prison system, the largest in the industrial world, expand to swallow up all potential dissenters. Let torture continue. Let teachers, police, firefighters, postal employees and social workers join the ranks of the unemployed. Let the roads, bridges, dams, levees, power grids, rail lines, subways, bus services, schools and libraries crumble or close. Let the rising temperatures of the planet, the freak weather patterns, the hurricanes, the droughts, the flooding, the tornadoes, the melting polar ice caps, the poisoned water systems, the polluted air increase until the species dies.

"Who the hell cares? If the stocks of ExxonMobil or the coal industry or Goldman Sachs are high, life is good. Profit. Profit. Profit. That is what they chant behind those metal barricades. They have their fangs deep into your necks. If you do not shake them off very, very soon they will kill you. And they will kill the ecosystem, dooming your children and your children's children. They are too stupid and too blind to see that they will perish with the rest of us. So either you rise up and supplant them, either you dismantle the corporate state, for a world of sanity, a world where we no longer kneel before the absurd idea that the demands of financial markets should govern human behavior, or we are frog-marched toward self-annihilation."

Chris Hedges (written during the Occupy Movement)

Financial TyrannyEU Steals Cypriots' Personal Savings / Mar 2013
European finance chiefs have decided to steal up to 10% of savings privately held in banks in Cyprus, as part of a condition for the country to receive a €10 billion bailout from Brussels. This is theft by government from ordinary people who trust the banks with their savings. It is the depositors not the bondholders who are being fleeced, which helps to protect the assets of the rich. Cash machines in Cyprus have now been emptied as people desperately try to remove their money before the EU steals it. And you can be sure that this will cause a run on banks in other bailout countries such as Greece, Ireland and Spain. The EU will sacrifice ordinary individuals for its continuation, and what started as a military takeover in the first part of the 20th Century has turned into an economic takeover, where ordinary people will be enslaved by the EU bankers led by Germany.
Financial TyrannyFINANCIAL TYRANNY: Defeating the Greatest Cover-Up / Jan 2012
David Wilcock blows the lid the whole financial game that is enslaving the world in debt, and how a trillion dollar lawsuit back by a 122-nation alliance could bring the whole deception crashing down. This is so explosive that Wilock's life has been threatened for putting this information together, and it all ties up with the $15 trillion mystery mentioned above. INVESTIGATION
Sun of GodBOOK: Sacred Economics / Charles Eisenstein
Hightly recommended book that looks at the history of money and how it defines every aspect of society, including defining who and what we thing we are as individuals, a society and what nature is to us. In a traditional money economy, nature is seen as something to exploit in order to turn into money. Eisenstein calls for a new perspective: one in which we see what we can give to the world rather than what we can take. So the purpose of life is no longer the accumulation of money, a purpose which is clearly the primary factor in the destruction of our planet, our societies and ourselves. Only when the purpose of our lives becomes what we give back, can we heal. Buy it here.
Federal ReserveUS Debt Put Into Perspective (2011)
US national debt has now passed the $15,000,000,000,000 mark (15 trillion dollars). That said, this number is so large that it does not really mean a lot to most people. Now there is a website at usdebt.kleptocracy.us that gives graphic representations of these sorts of numbers, showing what stacks of $100 bills adding up to these debt figures would look like in comparison to world markers. For example, the image on the right is what 15 trillion dollars worth of $100 bills would look like stacked by the Statue of Liberty. What is worrying is that this debt is continuing to grow and there has to reach a point eventually when foreign banks and governments who own the US debt start calling in their loans.
BOOK: The Corporation / Joel Bakan
This is the book that exposes the true effect of corporations on our societies and communities. Bakan reminds us that the bottom line for any corporation is profit, and we must be ever careful not to fall for their slick PR campaigns that try to convince us that they are actually acting in our interest. In fact, many big corporations will not even obey the law if they feel that the profits at stake outweigh the cost of the crime. And most of the larger companies lobby government so strongly that they are actually eroding democracy itself. This is an important read for anybody, and if you can't read the book, see the film!

Stansberry & Associates Predict US Disaster (22 Mar 2011)
This is a marketing video released by an investment research company but it gives an excellent overview of the financial crisis looming in the United States. The US is very close to bankruptcy, and the dollar will soon lose its reserve currency status at which point the s*** will really hit the fan. Watch it here. This will have huge global financial implications, and is likely to spell the end of the world fiat money era.

BOOK: Anti-Capitalism / Editors: Bircham & Charlton
Those of us who have watched those anti-capitalist protests on television and are wondering whether there is more to them than merely an expression of anarchy should read this book. And for those who are already protesters but would like to consolidate their political stance should also not pass it by. For this book is a fantastic introduction to a movement that is gathering momentum, not only in the world, but in the hearts and minds of ordinary members of the public.

bp-logoBank of America Emails Released (14 Mar 2011)
The disclosure group Anonymous have released emails showing that Bank of America allegedly tried to modify loan documents before the sale of Balboa Insurance. This is likely to be the leak that Assange of WikiLeaks referred to back in November. Click here for more information. According to Wikileaks, Bank of America have subsequently been using private intel firms to attack them.

BOOK: Profit Over People / Noam Chomsky
This book is a popular critique of free market philosophy, corporate control and socially destructive organisations such as the International Monetary Fund and the World Trade organisation. If you want to understand the central philosophies of business throughout the world and how they are ripping apart society, then you can do no better than to read this book. It is clearly written and researched by an author with an international reputation for peering underneath the mass-media gloss and propaganda.

bp-logoPayPal Morally Bankrupt (Feb 2011)
Towards the end of last year, they closed the donation account for Wikileaks. Now, just a few months on, they have stopped the account of Courage to Resist, which registered a PayPal account in 2006. As a private company, PayPal is under no obligation to deliver a service, and the cowards closed this account without any justification, behind closed doors. As Jeff Paterson wrote on Cryptome, "While there may be no legal obligation to provide services, there is an ethical obligation. By shutting out legitimate nonprofit activity, PayPal shows itself to be morally bankrupt." We urge all our readers to stop using their PayPal accounts wherever possible and use alternatives.

BOOK: Ecological Economics / Herman Daly & Joshua Farley
At last we have an economics book that takes into account the world's ecology, the limits of its resources, and social welfare. Ecological Economics is an introductory-level textbook that is the first wave of a new genre of responsible economics that shows the limitations of many old-world economic practices and how the ideals of never-ending economic growth is not only unachievable but is having dire consequences to the health and happiness of our societies and is encouraging slave labour in Third World countries. The authors argue that sustainability has to be the primary factor in an economies viability.
Federal ReserveSherry Jackson Fund Challenges Tax Legality (Dec 2009)
As a Certified Public Accountant and a Certified Fraud Examiner, Sherry Peel Jackson worked as an Inland Revenue Agent in Atlanta from January 1988 to May 1995. While she was at the IRS she won numerous awards for her work. After leaving the IRS to become a wife and mother, Jackson started investigating the legality of the US tax system after reading an advert in USA Today by We The People Foundation that offered $50,000 to anyone who could show hot to file a federal income tax return without waving one's 5th amendment rights, and to identify the section of the Internal Revenue Code that makes workers liable to pay income tax in the first place. Jackson found that the whole US tax system was a fraud, and that compulsory taxation had no legal backing for most workers. As a consequence, Jackson started educating people on her findings and withheld paying tax until the government could show her the legal basis for her doing so. As a consequence she was punished with a 4-year sentence and denied medical treatment for Graves Disease which she suffers from. For more info, and to donate to her legal fund, visit www.sherrypeeljackson.com.
BOOK: The Ecology of Money / Richard Douthwaite
The author of this small book looks into the history and function of our current money system, which he shows has been created more for the profit of the commerical banks than a medium of exchange to benefit society. The fact that interest is at the heart of all money lending means that the system is dependent upon continuous economic growth in order to survive. Douthwaite present an alternative non-growth system based on fuel usage.
Federal ReserveThe Enslaving Federal Reserve Scam (Dec 2009)
The Federal Reserve or FED is a private for-profit business organisation that has a monopoly on creating, out of thin air, US dollars and then lending this money to the US Government with interest — the interest making up the Federal Debt. The US Government's 1999 Federal Debt repayment, for example, was $1.7 trillion dollars. In other words, just about all the tax collected is being given to the organisation that manufacturers America's money. The question is, why doesn't America manufacture its own money like other countries do, and who owns the Federal Reserve? Because remember, whoever owns the FED actually owns the USA, and in this ridiculous system the repayment of the fictitious Federal Debt ends up enslaving every taxed American citizen in The Land of the "Free". For more info, visit www.themoneymasters.com.
BOOK: Money / Thomas H. Greco & Vicki Robin
Greco and Robin have written an excellent book on the fragility of our current financial system and suggest actions that individuals, businesses and governments can take in protecting local economies from the effects of globalization. Their message is simple: if governments, by artificially enforcing cash scarcity, are preventing local communities' ability to create wealth, then it is up to those communities to build their own financial system. Greco and Robin show us how.
Top 50 companies recorded $433 billion profits in 2006
Many corporations now have more financial clout than entire countries, allowing the corporate sector to seriously compromise global democracy and social justice. And how does this happen? Our politicians sell us out every step of the way, feathering their own nest by courting the corporate sector at every opportunity, kissing the steel hand that strangles the life from communities and the ecosystem and from every community. The freedom that wealth affords the rich is paid for by the slavery of the working classes and future generations. The question is: How much social and ecological devastation is it going to take before we wake up to the fact that our politicians don't have our best interests at heart? For until we come to this uncomfortable realization, we are just a silent accomplice to the enslavement of the human species and the rape of the Earth. How do we stop this madness? Stop waiting for permission to live in a better world — join alternative trading and social systems that bypass Big Daddy altogether. It is time to grow up and leave home!
BOOK: The Silent Takeover / Noreena Hertz
Well written and researched, Hertz describes the rapid and silent corporate takeover of our lives and the society in which we live. Corporations are now so vast that they are able to put considerable pressure on governments to give them what they want — total dimination and control. Hertz gives both sides of the argument, which is unusual with this sort of topic, and backs up her points with examples and illustrations. This is a very readable book.
If you are American, should you be paying income tax?
Accord to many experts, income tax for average Americans is unconstitutional. If you would like to see a good presentation of the issue, take a look at The 861 Evidence.
BOOK: No Logo / Naomi Klein
Klein outlines the corporate takeover of society and the match of brand marketing into every aspect of our lives, including our schools. She describes the the massive corporate mergers that are placing more and more power in the business sector, and how that power is being used to lower wages and set up sweat shops in Third World countries. Most interesting about this book is here insight into how corporations exploit our desire for individuality by giving us the tags that are supposed to say that we are different.
Time To Switch to New Money
In this modern world of corporate rule, in which the interests of the people is no longer the primary concern of governments, it is time for us to by-pass their control by using new money systems. Of all the ways to protest, of all the ways to stop ecological destruction, and of all the ways to bring peace, prosperity and happiness to the majority, whatever their nationality and their creed, adopting new money systems if the MOST effective. Please read The Money Game and start using alternative money. There are plenty of people doing this right now with fantastic results. There are even websites that will help us setup these systems yourself and that give us the software to run them. By switching to alternative money, we will transform our communities and our nations by no longer contributing our wealth to governments who only use it for staring wars, destroying the environment, subsidizing big business and lining their own pockets. Its time to stop playing The Money Game.
BOOK: The Future of Money / Bernard Lietaer
Lietaer made his name implementing the convergence mechanism for the European single currency, and was named the world's top currency trader in 1989. He argues that we are largely ignorant of our current money system, which is now becoming increasingly unstable. Lietaer suggests solutions to this instability.
News: The Mechanics of Empire Building (02 Jan 2005)
Democracy Now! has just released a mind-blowing interview with John Perkins, a former American international banker, covering the release of his new book, Confessions of an Economic Hit Man. Perkins tells the story of how he was groomed by the international banking community, to hard-sell Third World countries large development loans which they would invariably default on, handing over their resources and economies to the United States in repayment schemes. To ensure that these countries would fall for the bait, Perkins would show these governments wildly optimistic repayment forecasts, making the loan far more attractive than it actually was, and they would also bribe governments into signing up. This cheated developing countries out of trillions of dollars and built the US the most powerful empire in history: with less than 5% of the world population, the US now commandeers 26% of global resources, and has enslaved many Third World economies and peoples. Only two leaders, in the interests of their people, resisted the temptation of these loans — Jaime Roldós, president of Ecuador, and Omar Torrijos, president of Panama. Both were killed in plane crashes set up by the CIA, and it is to these two men of principle that Perkins dedicates his book.
BOOK: Corporate Predators / Mokhiber and Weissman
Large corporations have now infiltrated almost every area of society — from government to education and the media. We live in a world where the drive for profit rather than social concern is now the dominant concern of both national and local government. In this factually-rich and insightful book, Mokhiber and Weissman outline the terrible cost of the "free" market and laissez-faire politics that are increasingly impoverishing and enslaving the majority of people on this planet — sapping the life-blood from society.
BOOK: Captive State / George Monbiot
If you want to understand how big business and corrupt colluding governments can destroy a country in just two decades, then read this book. Monbiot shows us a world in which the corporate sector has been given carte blanche to invade every aspect of a country, in this case the United Kingdom, and shows how the fallout of this accelerating process is the erosion of democracy and the destruction of a nation.
BOOK: The Best Democracy Money Can Buy / Greg Palast
This book, described by John Pilger as an information "hand grenade", reveals how Bush stole the Presidency, how New Labour can so easily be bought by big business, and how decisions are being made in favour of international capitalism and not human beings. This is a book that questions whether free market capitalism really is compatible with democracy (one of the dogmas of Milton Friedman), and how globalization has led to the suffering of countless of the majority of people in both developed and undeveloped countries. This book is radical yet well documented.
BOOK: Confessions of an Economic Hit Man / John Perkins
Have you wondered why so many developing countries are in huge debt and end up having to give up their resources and economy to Western (mostly US) control? Is this just irresponsible borrowing, or is there something else going on here? The answer lies in this remarkable book by John Perkins, an American who describes himself as a former economic hit man — a member of the international banking community who deliberately hard-sold massive loans to developing countries using false economic projections to ensure their default and the subsequent theft of entire Third World economies. This book is an absolute eye-opener for those wondering how the US become a global empire.
BOOK: The Secret History of the American Empire / J. Perkin
Having written the bestseller Confession of an Economic Hit Man back in 1994 in which he exposed the World Bank and IMF's secret agenda for extending the American Empire by deliberately loaning more money than Third World countries could even hope to repay, and in this way "legitimately" taking over their economies and extending what he terms the American Empire. This books is a travelogue in which he visits Latin America, the Middle East, Africa and parts of Asia to see the dreadful social and economic fallout from these practices. Perkins' message to the US is that its wealth is dependant upon Third World slavery.
BOOK: The Real Meaning of Money / Dorothy Rowe
Money is much more than just an economic system: it has shaped almost every aspect of society and the psychology of all of us who have grown up in those societies. Rowe presents an insightful psychologist's perspective of the money system and how it colours our psychology, both individually and collectively. This aspect of money is not usually addressed and it is a please reading a book that does it so well.
BOOK: Gangster Capitalism / Michael Woodiwiss
We all mistakenly believe that organized crime is perpetrated by gangsters wearing Armani suits and speaking with Italian accents. Nothing could be further from the truth as Woodiwiss shows in this eye-opening book which details how the vast majority of business crime is perpetrated by employees of multinational companies, politicians and bureaucrats. These are the big players who rake in billions for their efforts, and in the process are destroying the very fabric of society. For example, the organisation which makes the most out of illegal drugs is actually the US law enforcement agencies.