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Date: 2024-04-28 Page is: DBtxt001.php txt00001303 |
Social Activism |
COMMENTARY Whether or not this also energizes a movement to put local barter exchanges in place is less clear at this point. Many initiatives to created exchange systems that did not make use of fiat currency money have come and gone over the past thirty years ... but the conditions may be emerging where such initiatives would now be relevant.
The behavior of the money banking and financial services sector, and the support they have been provided by the Federal Researve in the USA and other Central Banks like the Bank of England suggest that the moral foundation for their monopoly of money should end, and end now. The scale of the assistance they have been provided is not easy to understand, but a report by the GAO suggests that it might be in the range of $11 trillion to $16 trillion. This is not chump change, and almost all of this took place in the last four months of 2008, before President Obama took office.
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Hartmann: Whatever Occupy Wall Street Costs - It's Worth It! Uploaded by TheBigPictureRT on Nov 15, 2011
Rubert Murdoch's 'New York Post' accuses Occupy Wall Street of hurting local businesses. But what hurts local businesses even more? What's a reasonable price to pay to ensure that the bankster 1% doesn't destroy our economy again? In my Daily Take - I'll tell you why whatever Occupy Wall Street costs - it's well worth it |
Uploaded by TheBigPictureRT
on Nov 15, 2011 |
The text being discussed is available at http://youtu.be/3_I58I5lj9g |
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