“… and that government of the people, by the people, for the people, shall not perish from the earth.”
Money is Created “in Debt”
Over a century ago, a political decision was made to give private banks the ability to create new money – the ability to create the very fuel that drives our economy. Financial interests have used this power to hijack politics. As a result, they now control more than 30% of the country’s profits.
How do private banks “create” new money? Simply by making loans. This is the central truth from which everything else follows: today, almost all of the money in our economy is backed by debt. This, more than anything else, is at the root of our problems. Any reform, however bold, that fails to address this root cause will fail.
Learn more about how Politics Corrupts Money
In some sense, the principal goal of the money power is to corner the marketplace of ideas; Whether they do so by financing campaigns or hiring lobbyists, or by simply owning the mainstream media —to make sure that we always and only think with their ideas, they win. Republican or Democrat (but never a third party). Austerity or Stimulus (but never a third way). Heads they win – tails we lose.
Learn more about how Money Corrupts Politics