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Message Subject Get rid of the money system, then get rid of goverrments
Poster Handle Levi Philos
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I now remind the reader that the fifth plank of the communist manifesto was implemented under Roosevelt in the thirties when the credit of the people was taken in the name of "government." Government then licensed the banks to loan the people's credit back to the people. All of this was done without proper bookkeeping that would reflect upon the proper ownership of the credit. This fundamental error is the basis of the "Redemption of the Strawman" movement where the people attempt to write off debt by entering various "bills of exchange" into the record and using these to offset debt.

Fifth Plank: Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly. (The Federal Reserve Bank, 1913- -the system of privately-owned Federal Reserve banks which maintain a monopoly on the valueless debt "money" in circulation.) [link to www.criminalgovernment.com]

So long as there is work that needs doing and people available to perform that work, then the people's credit is perfect. Only the bookkeeping is screwed up.

You must read Prof Auriti's Ownership of Money and the Induction of Value piece found various places; just search.

Even if you have read this piece, I advise reading it again. A thorough understanding of the points Auriti makes is a critical issue. Very closely related is the Mandrake Mechanism written by Ed Griffin which explains how double entry bookkeeping creates money out of thin air using the promissory note as the collateral entered into the books as an asset.
 
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