Godlike Productions - Discussion Forum
Users Online Now: 1,936 (Who's On?)Visitors Today: 384,598
Pageviews Today: 657,887Threads Today: 318Posts Today: 4,468
07:46 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Get rid of the money system, then get rid of goverrments

 
Levi Philos
User ID: 590644
United States
06/09/2010 12:52 PM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Detailed Analysis

The human race has suffered a consistent problem since time began. That problem has been the insufficiency or misallocation of Food for the living requirements of every one of the inhabitants of the earth. Too many people find they must live a life wherein starvation is always a threat.

Perhaps it is wishful, simplistic thinking, but many people are persuaded that mankind originated in the Garden of Eden, wherein a model of an ideally desired life is presented. The entire population of the earth, Adam, Eve and progeny, have everything essential to a comfortable life. They knew Security—that the immediate future does not hold any threat to their welfare.

What else does any human being need but a sufficiency of Air, Water and Food? Without Air, one will die in a matter of moments. Without Water, one will die in a matter of days. Without Food, one will die in a matter of two months, a time frame proved not too long ago by the demise of healthy young men rebelling during the Irish rebellion by hunger strike. But with a sufficiency of these three essential elements of life, all concerns about Air, Water and Food, and the fiction of Money, that had been invented to act as a surrogate for Food, can be put into the background of one’s mind.

Allegory or not is irrelevant, but the legend of the Garden of Eden, particularly the thought of an uncomplicated existence without fear of want, is one that people think about wishfully. Whether or not the Garden of Eden is a historical fact, it serves as an excellent allegorical model for the goal of the human race – the entire human race restored to a modern Garden of Eden.

Why was the entire human race (of that time) ejected from the Garden of Eden? It is popularly thought that man had sinned somehow, and the travail of life outside the Garden of Eden is a well-deserved punishment. A better thought that seems a great deal more logical, is that being fully satiated with the fundamental elements of life—Air, Water and Food -- would not serve to impel man to gain an education, to achieve a well-earned feeling of Self Esteem.

Man has a mind endowed with a self-awareness that demands a feeling of Self Esteem, a Worthiness stemming from one’s performance. It is manifest in the modern slogan, “Man does not live by Food alone.” Doctrinaire Economic Philosophy has the mistaken impression that only the Security aspect of man’s Motivation, (that naturally includes also the drive for Self Esteem), is all there is, and that the deadly threat of “earn a living” and unvoiced, “or a death,” is the only form of Motivation to consider. This is the rationale behind slavery, unpleasant work, drudgery, while the pure pleasure of accomplishment is far between and for the very few.

What better way to initiate a program of learning than to compromise that Security just enough to impel man to use the power of thought by the time honored method of presenting him with a problem to solve? Having only those three elements supporting man’s existence, Air, Water and Food, what better way than to deprive man of easy access to one of these, and have him try to reason a way to overcome that deprivation. That is the rationale for school learning – present problems that require original thought to resolve.

To deny man sufficiency of either Air or Water, in view of the exceedingly short time span before death would occur, makes the third essence of life, Food, the best of the three life giving elements to maintain naturally in scarce supply. Within the two months before death would occur by starvation, (a time frame recently determined by Irish rebels on a hunger strike) man, with his powers of original thought, could figure out a method of acquiring enough to eat. Sure enough, since the beginning of the Agrarian era, sometime in antiquity, man apparently learned enough by foraging, and by tilling the soil, to produce enough of a modicum of Food to preserve him until at least the next day. For here we are today, the original population of the earth grown into some 5 billion people or so.

However, during that time of Food scarcity, named by modern Economists, the Agrarian era, man does not necessarily possess an altruistic nature, and most people would compete and fight with each other in competition for whatever insufficient supply of Food was available. The history of that era is replete with stories of greed, conquest, and slavery – all the result of Food scarcity. Lands were, and still are conquered, because land is the primary vehicle for Food production. Even at this relatively late date, Hitler’s rationale for his aggression was that Germany needed “lebensraum.” That to cruelly and directly eliminate countless mouths to feed would be an advantage for his group, the Nazis. That would indicate that once Food became abundant enough again, when Man’s course of education, learning how to take care of himself was completed, then, no matter how populous the human race had become, the ancient Garden of Eden marked by a sufficiency of readily available Food would become reality once again.

Meanwhile, as man’s capability at Food production advanced slowly over the ages of the Agrarian era, a discipline called “Economics, the Science of Scarcity” was developed, comprised of scholars whose honest attempt was to resolve the economic problem of Food scarcity. After eons of time of Food scarcity, very few scholars contemplated that the human race would ever see such a plenitude of Food wherein no one need be deprived of enough to compromise his own individual satisfaction.

Economic Philosophy of Scarcity created means of distribution of scarce Food that recognized that empirically, there had to be people who would not be able to eat for the simple reason that there just was not enough. A prematurely false conclusion was drawn that “Human beings are too complicated to ever understand.” Maslow’s primitive five level hierarchy of human wants was left lying fallow without further thought and development, while the erroneous economic concept that the threat to “Security” of “earn a living or die,” and that was all there is to human Motivation, became firmly entrenched.

How to distribute enough scarce Food to those deemed most entitled or most powerful? Simply deny access to the Food supply to those deemed least entitled to eat. The Barter system established the concept of “Marketplace” wherein it was required of anyone seeking to acquire his “living,” (an “income”) could do so by offering in return for Food, something of value in exchange, Quid Pro Quo. “Income” is a term derived from the natural requirement for food to “come in” to the bodily orifice, the mouth, with which nature has endowed us all. That word has been compromised to mean today, receiving Money, period, rather than the Food for which Money is intended to be exchanged.

In due course, as technological advances in Food production occurred and life became more complicated, Barter was determined to be a rather cumbersome procedure. Man’s mental ingenuity invented Money, a mythical concept of no physical substance, to replace barter. Then though Food has always been the paramount goal in the pursuit of a “living,” Money, as a surrogate for the Food supply, served as the means to continue to again deny access to the still scarce Food supply to those deemed least entitled, by the simple expedient of denying those unfortunate people access to Money.

During the latter days of the Agrarian era, (middle 1800’s) as the Food supply, in contrast to the still larger demand, became ever more abundant, an Economist, Karl Marx advocated that perhaps it might be a good idea for those with the power and prestige to satiate themselves with Food, the elite, to share some of that Food with those people at the bottom of the list. But by then, the habits of acquisition, particularly of the convenient, imaginary artifact, Money, obviated any concurrence with Marx’s thoughts, and he was roundly ostracized. Despite lip service to his philosophy, his theories were never followed, except within family and corporate groups, but rather the continuing practice of the strong taking it all, that is the embodiment of today’s version of Economics, called “capitalism.” In his time, Marx was quoted as declaring in reference to those practices alluding to his name, “If that’s Marxism, then I am not a Marxist.”

The Economic profession, the role of which is purportedly to resolve Economic problems, problems that always had been sourced in Food Scarcity, had become firmly established during the Agrarian era, had been accorded a high prestige, with professional economists sought after as advisors to Presidents and Kings. Under their aegis, Food distribution could be most efficiently managed via that surrogate for Food, the fantasy that is Money. Banking systems were created to manage the Money supply, in theory, Money, ideally representing the Food supply on a one to one basis. If too much Money was declared to be in existence, while the Food supply remained scarce, Inflation would occur, with resulting chaos to the distribution of Food. The marketplace became firmly entrenched and with it a Money and Price system still extant today, and the mechanism for preserving an obsolete Status Quo, and following directly, the impending destruction of a once promising civilization.

Without advance warning, a potential disaster for the egos of a firmly entrenched Economic philosophy, which believes that Scarcity must exist forever, came about. Food production technology had finally advanced enough to create such an abundant Food supply that Supply of Food finally exceeded Demand for Food. Market prices plummeted to potential zero, Deflation, as the market became glutted with Food.

From the standpoint of the Doctrinaire Economist of Scarcity, abundant Food would mean the final resolution of Economic Problems, and the demise of that highly prestigious Economic profession, with their sole raison d’etre a fait accompli, and the function of the Doctrinaire Economist no longer required. An emergency measure was instituted as reported by newspaper headlines in the late 1880’s, “Excess Grain Dumped Into Lake Michigan.” Once precious Food was deliberately destroyed. This practice continues to the modern day whenever market prices drop. Further, farmers were promised subsidies if they were to plow under their crops and let their land lie fallow. These actions are still being carried out in this modern day. But those emergency actions were not successful in restoring the Food scarcity upon which the prestigious profession of “Economics, the Science of Scarcity” rests.

A clever ruse was instituted to preserve a status quo that is held precious by the Economic fraternity. Money, the imaginary device meant to represent Food on a one to one basis in the marketplace, previously and always logically subservient to life giving Food, shall be officially declared to be more important than Food. Food, like Air and Water had been, shall be relegated to virtual oblivion in any economic context. Money, a pure fantasy shall become all. A universal psychosis was created, that fantasy is reality.

So it has come to pass this last century of the Post-Agrarian era. The pursuit of “profit” in terms of Food, wherein satiation will naturally occur inasmuch as the human belly, individual or aggregate, has merely a finite capacity to accept Food, will henceforth be supplanted by the pursuit of Money “profit,” a fantasy evidenced only by ledger entries, and that has no point of satiation. Henceforth, before anyone may access the Food supply, he must present evidence of Money as a “ticket of access” before being permitted to eat. Status Quo is preserved, and with it, of course, the ongoing existence of a highly prestigious profession. Documents alleging to the existence of Money, currency, bonds, debt paper, is the modern economic practice. While other such instruments, such as a title to personality, or a deed to realty are worthless if no real personality or realty can be shown to exist as described in those papers, the paper alleging the existence of Money has nothing of substance to represent it, a consummate fraud inflicted upon the human race.

Whatever it takes to acquire as much Money as possible, including the severe compromise of Quality and Service, though the world’s limited resources be completely destroyed in the process, shall be the order of the day. The food required for life itself, shall be relegated to becoming just one of the artifacts of Gross Domestic Product (GDP), and may be acquired only by the offer of Money in exchange. To preserve Status Quo, Money shall be kept in as scarce supply as Food once had been.

Blackmail, that “Inflation” shall be a natural threat, that as Food had been the product of the individual Food Grower and logically subject to taxation, Money shall falsely be deemed also the product of the modern “taxpayer” so that the status quo of Social Problems shall continue unabated, and with it a rationale for maintenance of “Economics, the Science of Scarcity,” and a cushy, prestigious position for the Economic fraternity maintained.

To add insult to injury, the ostensible “taxpayer” shall not be permitted, under very strict sanction against counterfeiting, to create any artifact called “money” as during the Agrarian era he created Food. That task shall be left entirely to a newly formed private corporation, mostly foreign owned, called the Federal Reserve. At the same time, the Internal Revenue Service shall be formed to interface with the citizen and demand of him some of the monies he may receive as it circulates through his hands, as income tax. The illogic of it all, to forego a logical interfacing directly with the legal source of Money, the IRS with the Federal Reserve, indicates a venal attempt at intimidation of the individual, tantamount to highway robbery.

To further compound this felony of intimidation and fraud against the public, a fictitious “National Debt” shall be created, wherein the Debtor and the Creditor are virtually and empirically one and the same. The debt shall be created by the mechanism of permitting the Federal Reserve to purchase currency from the Government Printing Office at the still current rate of $23 per thousand bills of any denomination (to cover cost of paper, ink and labor), and then to issue that currency at Face Value, with a collateral debt to be owed by the people, also at Face Value, a profit of some tens of thousands of percent. These documents attesting to that debt are then sold to the public as Creditors, at face value, the very same public that largely is also the Debtors of that very same debt. Even the Law does not contemplate any such a Debtor - Creditor relationship, the simplest one being of A owing B and B owing A, wherein a setoff is made of the difference between the two debts. That We the People shall be both A and B is an atrocity of logic and a crime against us all.

Further, to ensure that there will be no danger that this discipline of Doctrinaire Economics shall not continue to flourish, let all students during their most impressionable years, generation after generation, be taught by rote its philosophy until it is as thoroughly ingrained in one’s mind as is life itself. Let them forego any original thought, but depend upon an incestuous reinforcement

of what they have been taught, solely by referring to each other’s writings, past and present, as support for whatever nugget of economic philosophy they may wish to prove. In contrast, if the Real Sciences acted likewise, we would all still be roaming a worldwide jungle, hunting for something to eat.

There is therefore developed a mysterious, complicated pseudo-scientific economic rhetoric, a monstrous Rube Goldberg machine, a machine that busily grinds away with a great deal of fuss and bother, impressing everyone with its busyness (“business”), but that really accomplishes absolutely nothing of value. It misapplies more complex mathematics than one finds useful in the real and useful science of Physics, and is obviously meant to be incomprehensible to everyone. It has deliberately been divorced from the origin of all Economic Philosophy, a previously inadequate Food supply, now abundant, but with a new mythical, fantasy foundation, an imaginary Money supply, to replace Food as man’s prime obsession. Food, once touted as “the staff of life” is now relegated to be a very minor element of Gross Domestic Product, no more thought about seriously than is Air and Water. Food, the very foundation of Economic Philosophy of Scarcity, is now totally discarded within the framework of Doctrinaire Economics, to be replaced only by Money considerations.

There is a foundation statement in every economic textbook that deliberately persuades a false innuendo—that scarcity is forever to be a way of life, even though the literal phrasing indicates that the reverse is true. That foundation statement is worded, “Human Wants Are Virtually Infinite,” or “…. Virtually Insatiable.” The rest of the textbook devotes itself totally upon the notion that “Infinite” and “Insatiable” are de facto, though the literal meaning of these foundation statements, with an otherwise normal economy of words, is “Human Wants Are Finite,” or “…. Satiable.”

That latter condition ought to be evident by just noting that the human belly is of finite size, as is the time and place constraints in using anything. However, there are no limits to one’s bank account – potential wealth, when converted to Real Wealth that would overwhelm anyone in a mountain of unusable junk, if it were all to be “spent.” Then, why use the word “wants” instead of the more practical “needs.” In its more practical form, that statement “Human Wants Are Virtually Infinite” with the false innuendo of Supply never meeting Demand, it reduces to the practical statement, “Human Needs Are Finite.” Without that false innuendo, one’s immediate thought would then be, “Why not.” What would it take to satisfy human “needs?” The rest of the typical economics text would become moot. Reference to this web page, [link to dieoff.org] will reveal a horror story of what we are to face within the next three decades if this atrocity of logic is permitted to continue.

Resolution Of The Problem

There are many advantaged people who would object violently to anything that would compromise their current position of wealth and prestige. Yet, a transition into a happier, more harmonious world can be done quite easily with no threat whatsoever to anyone’s current position of advantage. No one need give up one iota of anything, and a completely new world can be begun as soon as the next working day arrives.

It should be evident that the proposed solution of Doctrinaire Economists revolves about the fallacy that human wants are indeed Insatiable. Economists refuse to recognize what ought to be obvious to any clear headed scholar, that the prevalent condition of the Agrarian era was Slavery, forced labor despite lack of sufficient “income” (food into the body). That the prevalent condition of the Post-Agrarian era is the opposite of Slavery, Unemployment, wherein one is forced NOT to work, though he may wish to do so.

The Industrial Revolution, the creator of all the artifacts of the modern era we call GDP (Gross Domestic Product), was possible only because much of the labor force that had heretofore labored to create an ever greater Food supply, could, with the advent of Food abundance, be transferred to other pursuits. However, even the volume of GDP beyond mere Food production, has already reached a point of saturation, as is evident by the very existence of an Advertising industry, and overflowing shelves of products no one really needs nor wants, at least among the advantaged areas of the world.

Therefore, it behooves the human race to create new areas of employment beyond the production of Food and GDP – beyond the marketplace that was meant only for the necessaries needed to sustain life, of which we are now saturated, beyond the domain of the private sector that is focused only upon Money profit. The continuation of Doctrinaire Economics, this last century, has threatened the depletion of the earth’s resources wastefully, in order to maximize a Money profit that compromises Quality and Service. As for our squandered natural resources, they are still around, but lying unused and unappreciated in all our junkyards and garbage dumps, waiting to be retrieved and recycled, for which the “funding” mechanism of Doctrinaire Economics is never available. There is much essential work begging to be done that traditionally lies outside the normal interests of the so-called private sector, the money profit seekers. A first emergency effort, would be for any government to commission the private sector, cost plus, to embark upon a program of Restoring the Environment, Replanting the Forests, Restoring the Oceans, Repairing everything needing repairing. Teams of experts to travel about the world teaching the third world nations how to achieve their own prosperity as we’ve achieved ours.

Research in and prevention of asteroid strikes, Space Programs, Pursuit of Knowledge, Pursuit of the Arts, Anything, until there is not one person unassigned to some job for which he has a natural bent and for which he is fully trained. While still under the spell of that pure fantasy, Money, let all that work be paid for by Deficit Spending. The only real criterion is the availability of sufficient Food for everyone of the population, an easily achieved condition anywhere in the world were appropriate skilled effort applied to produce it, or ship it until local production can be made sufficient with modern technology. Let the money mongers continue their childish games of who has the most money, (pure fantasy wealth) so long as no one is deprived of any of our Real Wealth (Land, Labor and Production). In due course all the detritus and dross that Economic Philosophy has created to justify its totally unwarranted prestigious position, will slough off of its own accord.

Let it be understood that such concepts as “taxation,” “debt,” “cost,” have been obsolete ever since Food became a “drug” on the market, a century ago, and are maintained only as a ploy to intimidate us all into accepting and complying with the fraud that Economic Philosophy has become. Let those scholars who are now firmly committed to that outrageous discipline, including the entire Financial Industry, be encouraged to switch their talents to the Real Sciences, and leave the distribution of an adequate Food supply to the existing machinery controlled and managed by accountants and inventory managers, none of whom will need the educational level calling for a doctorate in economic philosophy.



Conceptions and Misconceptions

Economics –

From the Greek oikos, home, and nemein, to manage. With Food abundance, all needed are skilled managers of Food production and distribution of the highest possible quality. All that management and computerized machinery, along with conveniently placed distribution outlets already exist and are functioning. Let professional economists continue otherwise until they feel ready to choose to abandon their dead-end philosophy, as did the Alchemists and Flat Earthers, their false beliefs. Their erudition will be welcomed, but refocused upon the Real Sciences.

Human Wants –

* Security - The feeling we would all have if there were no apparent threat in the near future to our welfare.
* Self Esteem - The feeling that we all would have if we are persuaded that we are a worthy individual enjoying a pride in the perceived purpose of his very existence. At that level of abstraction, there is nothing else. Why continue that false charade of “human beings are too complicated to ever understand?”

Taxation –

During the Agrarian era, wherein virtually everyone was required to procure his own food, or grow it, it made some sense for some of that Food to be “taxed” in order for the personnel who governed, and who had not the time to grow their own, to be able also to eat.

During the Post-Agrarian era, when Food has been produced most efficiently by the least amount of labor with more than enough for everyone, and Money is declared to be an essential “ticket of access,” the Food is already placed in distribution outlets accessible to everyone, regardless of their function or status. To demand Money for that Food is not too demanding a charade for the time being, so long as there is sufficient Money for everyone to equal at least his Food requirements, including those from whom he would purchase other artifacts of GDP.

However, to pretend that the citizen is also a Money producer, as he had once produced Food, is an outrage of logic, perhaps even of venality. The latter may well be the case, because though the citizen is forced into being a “taxpayer” of money, he is specifically forbidden by extremely stringent laws NOT to create Money as once he created Food.

Most logically, as the Federal Reserve (or any other similar source of legal Money) is the only legal source of Money, then any revenue collector, such as the IRS, most logically should interface directly with that source for all the revenue it thinks is needed. To seek Money from the “taxpayer” is just as idiotic as if in seeking fresh, abundant water, one would seek it in some muddy trickle downstream of a natural abundant reservoir, instead of at the reservoir itself. Let the ostensible “taxpayer” be finally and permanently removed from that odious task of paying taxes. A mountain of forms will be eliminated, aiding in restoration of the forests, as well as the annuual aggravation we've become accustomed to. Inflation and Deflation – During Agrarian times, with Food scarcity, the Money supply had to represent on a one on one basis, the quantity of Food to maintain price stability. Increasing the Money supply without similarly increasing the Food supply meant that more money was seeking scarce Food, with a natural price rise – “

Inflation –

However, as production of Food finally approached a point of satiation, wherein demand for additional Food would find no takers, then prices would tend to fall to zero, Deflation, meaning that the purchasing power of Money would increase to Infinity, as even Zero Money could then be used to procure any quantity of Food. Cost – The concept of “cost” originated during the Agrarian era. Any project conceived to be done had to deal with the quantity of labor that would be needed. That labor could not perform unless they ate well enough to be able to devote their attention to the job instead of where their next meal was to come from. With Food scarcity, it was not possible to embark upon any project unless there was sufficient Food for all the labor needed. If there was not enough Food for all, then it could be truly said, “We cannot afford the ‘cost’ of that project.” “

Cost still means adequacy of Food, though the term and concept of Money is forced to intervene.

The absurdity of the “cost” concept in these Food abundant times is evident when we say we cannot afford the “cost” of say a battleship (in money terms). We fail to see that the function of every bit of that money allocated to the job has as its ultimate purpose, not to become part of the projected battleship structure, but ultimately to literally FEED every human being having anything to do with the proposed construction of that battleship. Though the battleship project may be canceled, ostensibly to “save taxpayer’s money,” not one dollar is really saved, as unless we mean that all the people who were to have been involved were literally starved to death, we will feed them anyhow with Welfare Programs, Charity, and they would be fed nevertheless. Lost is the project per se for no good reason, plus also lost is the Self Esteem of those people, denied the opportunity to accomplish something, and further humiliated by being forced to accept welfare programs and charity.

Debt –

The function of private “debt” is to assure the Creditor that the means of his own feeding, some excess he may have owned to be able to loan it to someone who had not enough, is to assure that it will be returned to him to assure that he might not have to go hungry. That is moot when there is already an assurance of enough for everyone in the first place.

The National Debt is a contrived bit of total nonsense intending to further frighten an ignorant population, that is among the most skillful and insidious scams ever perpetrated. No one seems to realize that the bulk of the alleged National Debt has identical Debtors and Creditors, which in Law is a total washout. There is no debt, though we are continually frightened with that talk. Even if there are foreign Creditors, what is their recourse? They can come to us and demand we make good upon the debt paper they hold, and exchange it for whatever of our Real Wealth (Land, Labor and Production) they might want. We deplore that they do not do so, and call it the Trade Deficit. Yet we evince some fear of “bankruptcy” or being attacked by an army of accountants armed with ballpoint pens, who will demand that we vacate the premises.

Budget –

A “budget” is an allocation of Food for the support of the group at large, but largely only in terms of Money. During Agrarian times, a “budget” would demand more Food than was available. During the modern Post-Agrarian times, it is still Food that is the criterion, but is now over abundant. That means that we can “budget” anything that the entire population can do. To limit the “budget” in terms of deliberately scarce Money borders on stupidity, as the criterion is everyone being fed that is being done anyhow via welfare programs etc. In view of this, a totally balanced “budget” can be set up in Money terms (to please those of us whose rote learning is irredeemably fixated) by determining what it would “cost” to adequately feed one average person. Then multiply that figure by the total population, and there is a total figure that ought to eliminate all Social Problems. If we continue to cater to those whose fetish is the collection of inordinate quantities of Money, then add enough to the budget to satisfy these people, so long as no one else is short changed.

Social Order and Politics –

With regard to Social Order, there appears to be two distinctly different extremes of Social relationship, at opposite poles from each other, though on the same plane. The one that the human race apparently started with was complete chaos, every man for himself, at odds with and competing with every other person for a “living” out of the jungle. Therein, the strong always got stronger, while the weak always suffered privation.

As time progressed, it was discovered that people who formed groups, as animal packs have done, wherein the work load towards a goal wherein everyone benefited, could be accomplished by each individual taking on and specializing upon small fraction of the total work. With harmony and cooperation, together, a far greater goal than the aggregate total of everyone working just for himself would be achieved. That is the format of the family, the corporation, every business entity, every success of accomplishment.

Failing to do that, and permitting any tendency for any member of the group to care only for his own advantage rather than that of the group, meant failure. Allowing any self-aggrandizement to enter the group’s domain would destroy the group’s effectiveness. That sort of thing is called “politics,” a synonym for “bad management.” Ironically, the largest possible grouping among already established nations, the government is not subject to bankruptcy, as there is no entity any greater that can forcibly foreclose, as among lesser business group. Government will continue to exist, but the “politics” that will bankrupt a lesser group, becomes entrenched, with self-aggrandizement the order of the day. Misled people even begin to take “politics” (bad management) as a normal condition to the extent that courses in “politics” are now offered in prestigious universities instead of eradicating politics as the evil it is.

It would appear then that groups of ever growing size would eventually merge with each other to form ultimately One World, Inc. An intermediate step would be perhaps USA, Inc. and Europe, Inc. etc.

Every last individual, no matter his former status, would be a welcome member thereof, enjoying full support. His task would be, if he chose, to demonstrate his worthiness of whatever is his specialty, for the development of his Self Esteem as a worthy contributor.

However, there are people who oppose this sort of action and seem eager to break up large groups into smaller groups for no rationale reason, except that larger, well-managed groups are more powerful than lesser groups and individuals. Downsizing is now a popular practice, wherein individual members of once effective groups are cast into unemployment in order to enhance the money profits of those in power that remain. The “anti-trust” movement is meant to do the same thing, break up large organizations and turn us back towards the aboriginal jungle. However, all these concerns are moot, as the ultimate Social form is one large group, with everyone or every lesser group, a welcome member of the group at large.

A more logical approach toward One World, wherein as in the smaller groups that now exist, everyone is supported completely without restriction by the group’s management, so that ideally, one need not spend even one second of time upon his required support, but rather totally upon the job he is to perform. That is the type of environment that would be ideal. Complete support just because one exists, and then to allow and encourage each person to prove his worth in achievement of whatever is his unique expertise and desire. This, of course, is anathema to the thrust of Doctrinaire Economics, who adhere to “competition” and seem to wish to drive us all back to the jungle.

The Elective Process –

Much is made of the elective process in selecting a management staff for the government. As much as the public knows about anyone’s qualifications, selection of management is made via popular appeal, a pleasant smile, and an appealing haircut, promises that probably will not be kept. Can anyone imagine any viable corporation selecting its management staff in this manner? Corporations do have an elective body, the stockholders, comprised of people who have neither the capacity nor understanding of what a job requires in order to fill a vacancy, and certainly enough remoteness from the details of good management for that particular organization. Certainly, only the CEO (Chief Executive Officer) and other members of management know what is best for a corporation, the least knowledgeable being the stockholders. The elective process is meant to be a last ditch effort to eradicate “politics” from an organization, once it has crept in, never for its ordinary day-to-day business and employee selection.

Curriculum Vitae

Engineer, Patent Attorney, Attorney At Law, commercial Pilot, now retired. Using the successful techniques of the Real Sciences, writer has derived an eye opening understanding of the nature of Man and how to resolve Man's Social Problems. Writer has conducted an incisive investigation, using the successful techniques of the Real Sciences, into the understanding of the source of, and the resolution of Social Problems.
Levi Philos
User ID: 590644
United States
06/09/2010 01:04 PM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
The 1976 publication of FA Hayek's Choice in Currency - a Way to Stop Inflation is now available on line from the institute of economic affairs of London.

This is the blurb:
Quote:
In this short paper, first published in 1976, Nobel Laureate Friedrich von Hayek suggests that inflation can be stopped by introducing competition in currency. The notion that it is a proper function of government to issue the national currency is false. Citizens should be free to use and refuse any currencies they wish: politicians and central banks would then have to limit their quantities.

Hayek provided more detailed support for his proposal in Denationalisation of Money , published by the IEA later in 1976. Choice in Currency combines a concise explanation of the essential theoretical issues with an incisive analysis of key historical developments in banking, such as the gold standard and the Bretton-Woods agreement.

The monograph includes commentaries by Ivor F. Pearce, Harold B. Rose, Douglas Jay and Sir Keith Joseph. In addition, Sudha Shenoy provides 'A Note on Government Monopoly of Money in Theory and History', a fascinating examination of several case studies, including hyperinflation in 1920s Germany.
The blurb is found here: [link to www.iea.org.uk]

This is only a small pamphlet which printed on both sides requires 12 pages. It can be center stapled with a saddle stapler.

The download: [link to www.iea.org.uk]

Hayek's Road to Serfdom is also available at this site in a full version and a shortened version. Other economic writers along with a scattering of audio recordings and a couple of video talks are available also on this site.

Easy to navigate: [link to www.iea.org.uk]

Freedom cannot be purchased with a currency that is centrally issued. Centralized money and centralized power is a symbiotic pair; neither can exist without the other. Freedom can only be purchased with a decentralized open source medium of exchange where the producers of value participate in the creation of the symbols by which that value is exchanged in proxy, and the banker serves in an agency role to producers of value.
Levi Philos
User ID: 590644
United States
06/09/2010 01:15 PM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
In my forays around the web, I came across posts by Mr. Blumenstock and subsequently contacted him personally. In some cases he was in discourse with John Turmel of Canada. Turmel in his turn furnished some of my ideas about money as a symbolic representation of real things and the idea that there should never be a shortage of money unless there was an actual shortage of goods. The circumstance that people should be out of work while there is work to be done and materials found to perform the work is one of the failings of the present system. We hear the refrain "The infrastructure is sorely in need of repair, but there is no money." Turmel pointed out that it doesn't matter if we used poker chips for money as long as they are mutually acceptable and actually collateralized by real product.

Try thinking of money as permission slips. Do it this way: The bridge needs repair, and there are experienced bridge repair folks looking for work. We went to the bank for some permission slips, but they told us none were available.

And all of this starts way back to the idea of a money system conceived in shortage. The first items of common barter were food and clothing and often times there were actual shortage. When metal coins were introduced, the physical shortage of gold and silver actually reflected upon the shortage of basic goods. It all seemed quite right. Then, in a juxtaposition in time both Darwin and Malthus came on the scene to write their theists. "The world is a jungle; people will always over breed supplies; let the scum starve to death! And it all seemed correct.

Anyway, not to belabor the point, Hyman Blumenstock and John Turmel managed to show me the imaginary nature of value and the symbolic nature of money. It really is time to abandon the idea that money needs to be held in shortage and loaned at interest to have a working system.

Money is an information system for allocating human effort. (Michael Linton) And in an information society, there should never be a shortage of money. Interest, and taxes to pay interest are the reasons for both shortage and the accrual of ownership of all real capitol (industry and land) in the hands of fewer and fewer people. The efforts of governmental agencies and socialists to alleviate the poverty and suffering found all over are misdirected. The root cause of very many social problems is a malfunctioning money system and the cure is in total junking the present system along with a debt repudiation. A completely new system is needed.
Levi Philos
User ID: 590644
United States
06/09/2010 07:50 PM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Collapse Pattern

Search "liquidity preference" and "zero point"

These factors work in a symbiotic fashion.

* People perceive a loss in asset values [not really "value" but price structure]
* Banks cannot push loans on people who fed up with payments refuse to borrow even if the interest rate is zero
* People perceive that cash in hand will become more valuable in the future
* People without a job become very hesitant to spend
* Even people with a job try to save so as to be more liquid should they lose their job

It is very difficult to push inflation in the face of these factors even if that is the agenda.

Past performance is not necessarily indicative of future results; never underestimate the power of mass media to alter general perceptions of the public.
hoehappa
User ID: 998251
France
06/09/2010 07:56 PM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
we need a white coeservative complete takeover dictator like me and david duke to fix this mess!!
Levi Philos
User ID: 590644
United States
06/10/2010 07:13 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Loom update: 08 June 2010: [link to loom.cc (secure)]

Only the first segment of the FAQ page is reproduced here; go to the link to read all of it.

If you have any questions please email us at [email protected]. We encourage you to send us an encrypted email using PGP.
What is Loom?
Loom is a system which enables people to transfer ownership of assets at will.

Assets in the real world are represented by digital assets in the Loom world. In the Loom world, these digital assets sit at various locations in a giant digital space. They stay there until someone moves them to another location.

To own an asset means that you are the only one who knows its location. It's like burying a gold bar deep in the woods where only you can find it.

To transfer ownership of an asset to someone else, you first move the asset from your own secret location to another location which the recipient knows about. This other location, known as a contact ID, is a sort of "drop point" which you and the recipient share. It's like moving your gold bar to a place under a certain bridge in the park.

The recipient then visits the drop point and moves the asset to his or her own secret location. Now the recipient owns the asset and you don't.

That is the essence of Loom in a nutshell. If you can understand these concepts, you can understand how to operate the Loom.

— Updated 08 Jun 2010
What is an Asset?

An asset is an item of property, often considered valuable.

Typically assets are physical goods which can be produced, measured, and traded in various quantities. Examples include bushels of wheat, pounds of coffee, pounds of copper, grams of gold, or kilowatt-hours of electricity. An asset can also be totally unique, such as a specific house, piece of land, or work of art.

But not all assets are physical goods. The rights to goods are also valuable, and so they too are a form of asset. Some examples are stock certificates, property deeds, promissory notes, etc. The key to a safe is also an asset in this sense, virtually worthless as a "good" itself (a piece of metal) but highly valuable because it gives the bearer control over other assets. The combination to a safe is an even more abstract example, consisting of pure information only.

The possibilities continue. Assets include rights to services, for example a prepaid service contract. Assets also include rights to other assets, such as the right to purchase a specific security at a fixed price in the future.

Some assets might even be worthless: for example, a Loom asset created for testing purposes only. Also, investors sometimes carry securities on their books marked with a value of zero, but we still call these "assets" as well. They might even become valuable in the future.

A Loom asset is a digital form of asset which gives its bearer certain rights. Each Loom asset type has a unique and distinct identifier, also known as an ID. For example, the asset type a11590550d42888981be659b0451dba2 might represent title to bushels of wheat stored in silos managed by a reputable storage company, available for delivery on demand. The asset type 5690a4d3a527ff18d3c168884e8a2d63 might represent a claim to kilowatt-hours of electricity produced by a specific power company. The asset type 2fcb2b81bb96bb51cec88edcb4b9a480 might represent shares of ownership in that power company.

Incidentally, you don't have to worry about memorizing or reading these arcane looking IDs. They are meant to be copied and pasted once into your own personal wallet, and after that you rarely see them again.

**************************************************

Levi Philos; my commentary on philosophy of money as it relates to road bandits, pirates, and governments (bandits with offices and fixed locations) will follow later today.
Levi Philos
User ID: 590644
United States
06/11/2010 10:15 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Handyman of Louisiana on "dollar"

{this is the short version; a longer version is in archive.org}

What's a dollar? A simple question. Yet no court will render a determination.

IS A TUNA A FISH?
This is not hard, and even though elementary in my approach, it is a simple means to make a simple principle understandable...So again:

IS A TUNA A FISH?
To those who answered YES, I most certainly agree. Since a Tuna is a fish, wouldn't 10 (ten) Tuna have to be 10 fish? ABSOLUTELY!

IS AN APPLE A PIECE OF FRUIT?
YES an apple is a piece of fruit, and 10 apples would be 10 pieces of fruit. GREAT!

IS A DOLLAR A PIECE OF PAPER?
And if you answered YES to that question, then please answer the following:

IF A DOLLAR IS A PIECE OF PAPER, THAN WHY ISN'T 10 DOLLARS TEN PIECES OF PAPER?

If a dollar is a piece of paper, how could two halves, four quarters, ten dimes, twenty nickels or one hundred pennies BE A DOLLAR?

And for that matter, HOW CAN ONE PIECE OF PAPER BE TEN OF ANYTHING?

If I held an apple in my hand in such a way that you could only see one half of it and then proceeded to ask you : "What am I holding in my hand"? Would you answer "An apple"?

But what if, much to your surprise, I showed you the part of the apple that was concealed in my hand, and it had stamped on it : TEN APPLES - U.S. DEPARTMENT OF AGRICULTURE...? Would you still say I had an apple, or would you say now I really had ten apples? Think about this, for you do it every day! I believe intelligent people should answer questions correctly. And of course, just because the USDA stamped 10 on my apple, or the privately owned Federal Reserve prints 10 on their imaginary notes, certainly doesn't make one become ten AND YOU KNOW IT! The law says:

"United States money is expressed in dollars..." - Title 31, United States Code, Sec.5101.

And land in the USA is "expressed" in acres, so deeds to land are also expressed in acres - although an "acre" is not the land, nor is "dollar" the money BUT the UNIT OF MEASURE of gold and silver in coin form, ONLY when gold and silver are current AS the money! Gold and silver have been used AS money for a long time throughout history and for very good reasons including but not limited to: 1) relative scarcity; 2) doesn't rust or spoil; and, 3) has universal acceptance...again, we don't need any government to force us to accept gold or silver, but they have to force us to take paper.

A convenient unit of weight was needed to express gold and silver; the shekel of old later giving way to the troy ounce of today. But Americans officially in 1792 - [Coinage (Mint) Act of 1792, which the Boston Federal Reserve Bank states: ...is still the law..."] adopted the decimal system for weighing gold and silver, the "dollar" being the primary unit of measure.

Nevertheless, just as gravel is measured in cubic yards, sugar in pounds, and milk is expressed in quarts, so too, silver and gold were weighed in dollars. And since no tangible entity answers to a 'gravel cubic yard', 'sugar pound', or a 'milk quart' - it stands to reason no tangible commodity could answer to a gold or silver 'dollar'! And the reason you do NOT have a 'silver dollar' in your secret hiding place, is the same reason you do NOT have a 'milk quart' in your refrigerator - that is, NEITHER EXIST.

Intangible units of measure are not fashioned from tangible substances! So, why do you correctly say "a quart of milk", and incorrectly say "a silver dollar"? Accurate or lawful delivery [PAYMENT] of a substance or thing requires three elements or indicia: 1) Numeric quantity; 2) Unit of measure; and 3) the thing or substance being measured. In fact with out all three of the above indicia, no merchant can do business with any customer, anywhere - consider:
You own a deli with a fine array of meats and cheeses, etc...and I approach you with this request: "Could I please have 3 pounds please"? In order to fill my order you need all three indicia and I only gave you two - quantity = 3, unit of measure = pound, but I failed to tell you what the substance was, so you must ask; "3 POUNDS OF WHAT?" Then, once I tell you "smoked turkey breast", you have no problem filling my order. So, what do you do when I next order: "Could I please have pounds of Swiss cheese"? This time you must ask: "HOW MANY POUNDS of Swiss Cheese"? - Get it? By now, as a deli owner, you are wondering if I am not the dumbest person on earth, yet when I ask you how much is my total order, you say: "Ten dollars please"?, and if I asked you "TEN DOLLARS OF WHAT?" you'd be dumbfounded!

When we used gold/silver AS the money, you would have said: TEN DOLLARS OF GOLD (pricy shop you run!), and we could both conduct our business...So today - TEN DOLLARS OF WHAT? Dollars of dollars? Do we have "gallons of gallons"? See the scam, fraud and CON?

If you have ever seen a pre-1963 dollar bill of credit, you might have noticed the CONTRACT concealed in plain view: Who?: "The United States of America", Will do what/when: "Pay to the Bearer on Demand - ONE DOLLAR" What/where: "This note is legal tender for all debts, Public and Private, and is redeemable in lawful money at the United States Treasury, or at any Federal Reserve Bank."

"The terms 'lawful money' or 'lawful money of the United States' shall be construed to mean gold or silver coin of the United States." {Title 12 United States Code, Section 152]

Can a note that PROMISES to PAY ' LAWFUL MONEY' be the "Lawful money'?In the pre-1963 bills of credit, or notes, you had to look at three different places on the face of the bill, and read four different fonts/styles of print to see the contract concealed in plain view. Now, pull out a post-1963 bill of credit, any denomination if you like, and look closely at its face:

Who?: "THE UNITED STATES OF AMERICA - FEDERAL RESERVE NOTE - ONE DOLLAR (or 5, 10, etc...) THIS NOTE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE"

That's it! They removed the PROMISE and by doing so the bill magically became the thing once promised! UNDER YOUR NOSE! The modern day FEDERAL RESERVE NOTE promises nothing to no one ever! It can't be redeemed for anything, it is not "federal" embraces NO "reserves" and is NOT a "note".

The very first person who "spends" one into the market place will give nothing for it and get anything with it...YOU SLAVE, must work for it and if you hold onto it too long, will get nothing for it! Just as deeds to land cannot be the land, notes [promises to pay the money], or now, worse - imaginary notes with no promises to pay the money, cannot be the money.

Again - "So what - I can spend it" cry the slaves...But looking beyond their elementary short-sightedness, it should be obvious that for the creators of imaginary notes a phenomenal economic and political clout can be had...for the rest of us, serious problems.

"Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily, and while the process impoverishes many, it actually enriches some." Keynes on Inflation, 1980 Annual Report, FRB of Richmond, p.6.

Legalized theft of our wealth with imaginary money GIVEN PHYSICAL SUBSTANCE with paper and copper/nickel slugs creates a dilemma since fraud of this magnitude is difficult to conceal. Our master's solution: Charge interest on loans of nothing! Who would ever suspect a bank of creating imaginary principal when everyone thinks they need more of what they get for nothing?

But interest creates another problem. How does the non bank public return more 'funny money' to the banks than they pretend to lend??? How can all debtors repay the principal plus interest when banks only lend principal? In other words, how do we repay 4 eggs on a 3 egg loan - when the banks own all the chickens?

Our master's solution: Just encourage the next generation to climb aboard the treadmill. By borrowing new 'dollars' into circulation, they enable the first generation to earn that '4th egg'. This also gives the first generation an incentive to enslave their own offspring and escape foreclosure!

It is the nature of an imaginary monetary system that is ever expanding and all consuming to collapse. Public CONfidence in this self-destructive, "it's gonna kill us all" system is enhanced by: 1) fond memories of 'redeemable notes'; 2) interest levied on non-loans; 3) vaults and armed guards to protect bogus IOU's, and 4) public schools to delude students into exchanging assets [labor, wealth or production] for bank liabilities [notes and checks] and call it PAYMENT instead of THEFT!
Levi Philos
User ID: 590644
United States
06/11/2010 10:33 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
NOW FOR MY LEGAL POSITION (Handyman continued)

I am a student of monetary law and have studied this issue extensively for the last several years, and thus I sincerely believe that my views on this subject have weight, merit and authority. I have also requested my local public servants to provide to me a similar determination, but I have been unsuccessful in this respect. The conclusion I have reached in reference to this failure of public officials to answer these basis questions posed by citizens is that these officials have no knowledge of monetary law. Since I suspect that you likewise may have some misconception in your own mind concerning this topic, I would like to offer you my views and opinion, in a Christian spirit.

The common monetary unit in circulation in our country prior to and during the Revolutionary War was the Spanish Milled Dollar. This coin was so prevalent that the word “dollar” was commonly understood by all people to be a reference to this coin. When the Constitution was drafted in 1787 and later ratified by the states in 1788, the constitutional references to “dollars” in this instrument meant these coins.

During the period of time that the Articles of Confederation were in force, the Confederate Congress made a factual determination that the “dollar” was the basic monetary unit of our country. By 1792, the Congress under the Constitution made a factual determination that the “dollar” was a weight of silver consisting of 371.25 grains of pure silver: see 1 stat. 246. This was the first act of Congress in reference to the subject of money; and there have been additional congressional acts adopted since the Coinage Act of 1792, but these acts have culminated in such a fashion as to only cause confusion in the field of monetary law.

A recitation of all the coinage acts of Congress is pointless here, although I would be happy to provide these cites to you. Acts in this regard were adopted, among other times, in 1834, 1837, 1878, 1900, 1933, 1934, and 1967. But, in reference to decisive acts of Congress in reference to the term “dollar” it is acts passed in 1972 and 1976 by Congress which clearly lead to the confusion so prevalent today in regards to the subject of monetary law.

Louisiana follows the common law and, of course, the common law is most important in reference to the subject of monetary law. At common law, the monetary standard of a nation was immutable, meaning that it could not be changed by any legislative body. This principle is expounded by many common law authorities and is an established principle of law. This being the case, Congress lacks all power to change the ancient monetary standard of our nation, which is the “dollar” of silver defined in the Coinage Act of 1792.

I am fully cognizant of the fact that there exist many powerful and influential advocate that maintain that the monetary standard is mutable meaning that it can be changed by Congress. These partisans further maintain that all power over the monetary standard is vested in the hands of Congress. If you accept this premise, then it logically follows that a “dollar” is today a legal fiction. The last definition of a “dollar” via a federal statute was contained in the Par Value Modification Act of March 31, 1972, 86 Stat. 116 formally 31 U.S.C. section 449. Section 2 of this act defined a “dollar” as being equal to 1/38 of a fine troy ounce of gold; in the alternative, 38 “dollars” equaled an ounce of such fine gold. This definition of a gold “dollar” was in effect until October 19, 1976, when congress adopted the Act to Amend the Bretton Woods Agreement, 90 Stat. 2660. Section 6 of this act repealed section 2 of the Par Value Modification Act. Since that time, congress has totally failed, and refused to enact any legislation defining a “dollar”. If you accept the argument that congress possesses total control over the monetary standard, then you must also accept the proposition that a “dollar” is today a legal fiction. It is indeed odd that our entire economy and society operate upon an entity which is unknown and legally undefined.

Another point I would like to make with you concerns the Federal Reserve Note. Many people contend that Federal Reserve Notes are legal tender pursuant to 31 U.S.C. section 3103. But, notwithstanding this statute, one must look to the substance instead of the form to determine if such notes are really, legally, legal tender. The essential attribute of any legal tender currency is that it must be in fact an obligation of the United States. To be an obligation of the United States, Congress must have adopted an act authorizing the issuance of some quantity of these notes, and the same must be enforceable against the United States. However, I have not found any statute whereby congress has authorized any amount of these notes to be issued and since this is the case, such notes are not United States obligations and are not legal tender. Further, these notes are not enforceable against the United States. The ultimate hypocrisy is that these notes are not even enforceable against the banks, which issued them. I have studied the matter for 20 years and written an extensive brief on the point that Federal Reserve Notes are not a legal tender, which I will save to counter any erroneous position taken in any official determination.

I hope that the points I am making in this letter are perceptible to you. There is a real and substantial issue concerning what is legally a “dollar” with on one extreme it being contended that a “dollar” is a weight of silver and on the other extreme it being contended that a “dollar” is a legal fiction. Further, some people contend that Federal Reserve Notes are legal tender and others answer that they are not, and these people who contend otherwise, including myself, have the weight of law to support their argument. With such obvious confusion, it is only natural that I cannot pay a “dollar” of liability in any judgment or settlement.

It is a well-known fact that a court that does not have a remedy has no subject matter jurisdiction to create one unless such is contracted. In this instant there is no remedy because payment of a judgment in money of account expressed in “dollars” and pursuant to HJR-192 there are no lawful dollars in circulation. Since HJR 192 we can only discharge a liability with the approval of John W. Snow Secretary of the Treasury. If John W. Snow does not give his approval any judgment, settlement, or debt can only become an unenforceable and expensive nullity.

As a matter of law the money accounts of this state must be expressed in dollars or units, cents or hundredths, and mills or thousandths; and all accounts in banks and public offices, and all proceedings in the courts of this state, shall be kept in conformity herewith.

Since this state must express its judgment in “dollars” an official determination is mandatory to eliminate confusion and performance, so I can legally and lawfully pay, settle, or discharge the claim with “dollars” or by the Bill of Exchange remedy found in House Joint Resolution 192.

The matter is further complicated by the fact that the State is prohibited from making paper a tender in payment of debt. See Article 1, Section 10 of the Constitution of the United States. Which states:
“No State shall make anything but gold and silver coin a tender in payment of debt.”

A check with the Louisiana Secretary of State clearly shows that in his opinion Article 1, Section 10 is binding upon the State of Louisiana. So, as you can see, in view of these authorities, statutes, resolutions, and articles, I have no remedy or way to comply with the payment of “dollars” or the $ you requested and therefore must conditionally accept for value and return for value your presentment pending an official determination of a “dollar” expressed in your claim or tender a $1 Money Order each month until Congress puts money back into circulation. I have no duty to pay you or MBNA anything, unless you submit proof of claim that there is a way to pay the “dollars” you are demanding. Additionally, Every competent jurist knows that the created cannot possess a power that the creator did not have to give. The State of Louisiana does not have the power to make paper a tender in payment of debt and neither does any corporation created by the state or federal government. Such would be an act of ultra vires.

Years of research clearly show that the United States is without a dollar of “public or lawful money”. All we have today is the private Federal Reserve unbacked credit dollars which are not money or property and only confers the user an equitable interest but denies allodial title. It is no accident that the United States is without a dollar unit coin. In recent years the Eisenhower dollar coin received widespread acceptance, but the Treasury minted them in limited number, which encouraged hoarding. This same fate befell the Kennedy half dollars, which circulated as silver sandwiched clads between 1965-1969 and were hoarded for their intrinsic value and not spent. Next came the Susan B. Anthony dollar, an awkward coin which was instantly rejected as planned. The remaining unit is the privately issued Federal Reserve note unit dollar (which is not money see 105 So. 305 ‘1925’) with no viable competitors. Back in 1935 the Fed had persuaded the Treasury to discontinue minting silver dollars because the public preferred them over dollar bills. That the public money system has become awkward, discouraging its use, is no accident. It was planned that way. There is no way to plug a judicial judgment into a private money system pursuant to Article one, Section ten. I clearly would love to litigate any premise counter to these assertions.
Levi Philos
User ID: 590644
United States
06/11/2010 10:42 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
"Notes of Debt are not Income"

[link to wiki.cve.org.co]

30 pages; less than 400 KB
Levi Philos
User ID: 590644
United States
06/12/2010 12:05 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Bubble Money (First title "Visualization Exercise") written July 13, 2002; no copyright - by yours truly. Please feel free to share this with anyone anywhere.

Written in humor and jest.


Linton magical gas mentioned also. (See btm)

Try to picture money as soap bubbles with dollar signs inside, or whatever currency symbol is in use in your locality.

These soap bubbles are lawfully created by use of expanding gas that expands at an exponential rate.

The soap bubbles are kept in containers of various sizes and composition but resemble barrels, pails and buckets, and sieves, and are moved from container to container by men with pails.

The containers are labeled "trusts", "stocks", "endowments", "off shore accounts", "investment funds", "demand accounts", "pension funds", etc.

Each container is tended carefully by one or more persons according to the size of the container. Some of the largest vats have hundreds of people tending them.

People all over the world are working long hours gathering soap bubbles to put into the containers of their choice. They work at telephones and desks calling other people in efforts to gather soap bubbles. Some merely dig ditches and stewards assigned to care for these less endowed individuals carefully gather worker's soap bubbles and insert them into the large vat labeled "social security."

It has been noticed lately that the soap bubbles are bursting.

Congressperson Butler calls out "The soap bubbles are bursting! Surely we must add certain polymers to the soap mixture so that these bubbles cannot burst."

Congressperson Smiley says "The internal surface of the containers is too rough, we must create a law that says the internal surface be created of the smoothest material known."

Member of Parliament Perfidious Albion yells: "Watch that guy! I just saw him running off with a bucket of small suds!"

Duma member Noxious Nyet notices the sieve: "Who is pouring bubbles into the sieve? Are you prozhektërstvo? (hare-brained schemer)

United Nations representative Au Grande Serieux submits a resolution that the barrels must be assigned Centurions to watch for theft.

All is naught as the bubbles that have been inflated with the magical expanding gas continue to burst.

Economic philosopher Levi Philos points out: Inflate the bubbles instead with magical Gesellian contracting gas */1, */3. When everyone notices the bubbles shrink over time and if left too long completely disappear, then an urgency develops in the care and handling of these bubbles. Some will notice that one or more barrels are merely being poured into while others are extracting and these barrels can be removed from the cycle. Others will notice that stealing buckets of bubbles doesn't work very well because of the shrinkage so that less guards are needed. Entire boiler rooms full of telephone solicitors empty as their managers notice that no shortage of bubbles exists, but smart people are needed to direct and employ these bubbles back into circulation.


Written by Levi Philos */2; This item was prepared with some help from the webpage insultmonger.com [link to www.insultmonger.com] CopyLeft Document. Please feel free to copy and post this item anywhere you want to. Take my name off as I do not care to catch any more spam than I do now.

*/1 Named after early 1900s economic philosopher Silvio Gesell who noticed that money was a symbol system for exchanging real stuff by proxy and it would work better if it symbolically displayed the same or greater entropy that real stuff displayed. Unfortunately, Gesell went on to write a book of 450 pages duration as was the common practice of the era, and nobody ever read it because big books were only meant for display in fancy home libraries.

*/2 Levi Philos, infamous compatriot of Ferdinand Feeghoot.

*/3 Conveniently forgetting magical Linton gas, where the bubbles once inflated neither inflate further nor deflate. However, the bubble inflation crew themselves deflate, become flaccid, and finally lie down on the job.
Levi Philos
User ID: 590644
United States
06/12/2010 01:18 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Mike Montagne; The Mathematically Perfected Economic System;
A series of videos in 20 parts. The list:
[link to www.youtube.com]

Part 01A, Intro: [link to www.youtube.com]
Part 01B Intro part 2: [link to www.youtube.com]
Part 01C Intro: [link to www.youtube.com]
Part 01D Intro: [link to www.youtube.com]
Part 02A Failure: [link to www.youtube.com]
02B Failure: [link to www.youtube.com]
03 Lo Interest: [link to www.youtube.com]
04 Hi Interest: [link to www.youtube.com]
05A Pattern: [link to www.youtube.com]
05B Pattern: [link to www.youtube.com]
06 Deflation: [link to www.youtube.com]
07 Stimulus: [link to www.youtube.com]

MIKE MONTAGNE'S REPUTATION PRECEDES THIS POST BY TEN YEARS, SO I DID NOT WATCH THE FIRST 7 VIDEOS AND INSTEAD WENT TO LOOK FOR THE FINALE AND CONCLUSIONS.

I DID WATCH THE VIDEOS BELOW

08A IMF vs MPE [link to www.youtube.com] 8:18
08B IMF vs MPE [link to www.youtube.com] 8:50
09A IMF vs MPE [link to www.youtube.com] 5:36
09B IMF vs MPE [link to www.youtube.com] 5:27
10A Conclusion [link to www.youtube.com] 10:00
10B Conclusion [link to www.youtube.com] 9:58
10C Conclusion [link to www.youtube.com] 9:56
10D Conclusion [link to www.youtube.com] 8:34
Levi Philos
User ID: 590644
United States
06/12/2010 01:24 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
The presumption of law is that paper money shall be redeemed in precious metals, a position that I do not necessarily endorse. My position is that paper money may be a warehouse receipt redeemable in precious metals described upon the face of the instrument, but it may also be a title instrument granting ownership to a thousand board feet of lumber.

My position is that there is NO NATURAL MONOPOLY IN MONEY, and a number of formats may exist simultaneously all circulating in competition to each other.

My position is that Hayek was correct in proscribing competition in money formats.

My position is that money is essentially an extension of language where by means of symbols and contracts humans are enabled the ownership exchange of real things by proxy.

*E-gold enables the exchange of ownership of gold in vaults in various locations by proxy.
*Ithaca Hours enables the exchange of human time by proxy.
*ALD notes enable the exchange of silver by proxy.
*Fed notes enable the exchange of debt by proxy.
*Direct exchange of silver or gold coins (or coins of any other precious or semi-precious metal) is a form of barter.

When only one format exists for a money system, then men (and women) will manipulate that format for personal gain above their natural wage rate. Laws may be written and watchers hired to stop such manipulation, but finally the watchers will also be corrupted and get "on the take." What then? Write more laws and hire more watchers to watch the watchers?

When multiple formats for money run at competition, corruption within any one system becomes an overhead cost, and to remain competitive each system must seek out and remove corruption so as to remain competitive.

To reiterate; Hayek nailed it
Anonymous Coward
User ID: 590644
United States
06/12/2010 01:54 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
I'll just title this post "THE VIRTUES OF COUNTERFEIT MONEY" with the intent of stirring discussion.

A story about a counterfeit $100 bill and how it served to discharge debts in spite of being counterfeit...



It's a slow day in Small Town. The sun is beating down, and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit.

A traveling salesman stopped at a hotel and handed the clerk a hundred dollar bill to be put in the safe, saying he would call for it in twenty-four hours.

As soon as the man walks upstairs, the owner takes the bill out of the safe and runs next door to pay his debt to the butcher. The butcher takes the $100 and runs down the street to retire his debt to the pig farmer. The pig farmer takes the $100 and heads off to pay his bill at the supplier of feed and fuel. The guy at the Farmer's Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit. The hooker rushes to the hotel and pays off her room bill with the hotel owner. The hotel proprietor then places the $100 back in the safe so the salesman will not suspect anything.

The next morning the salesman asks for the $100 and upon gaining the bill sets a cigarette lighter to the bill. The hotel owner stands aghast at this sight whereupon the salesman says: "Counterfeit, a fake gift from a crazy friend, Abner; but he didn't put it over, did he?"



And that, ladies and gentlemen, is how the United States Government is conducting business today.

(Actually, it's how most world governments are conducting business!)


The fake Chinese coins story: [link to coins.about.com]

Is the dollar as good as tungsten? [link to fofoa.blogspot.com]

A Ron Paul post titled: Colonial Scrip popular and proven to stave off hunger in a depression [link to www.dailypaul.com]
Levi Philos
User ID: 590644
United States
06/12/2010 09:11 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Freedom cannot be purchased with a currency that is centrally issued. Centralized money and centralized power is a symbiotic pair; neither can exist without the other. Freedom can only be purchased with a decentralized open source medium of exchange where the producers of value participate in the creation of the symbols by which that value is exchanged in proxy, and the banker serves in an agency role to producers of value.
Levi Philos
User ID: 590644
United States
06/12/2010 09:22 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
: "...there is not enough energy to push the exponential algorithm to maximum expansion plus one. ... & So the real question is, can the idiocy of the uninformed, dis and mis educated morons elected by a doomed electorate save them from the impending mathematical disaster ????"


An economic system is to the physical economy as a topographical map is to the physical geography. If you threw a topo map in a burning fireplace, would you look out the window expecting the rocks, roads, and marshlands to suddenly burst into flame?

All human needs are provided by the living; an inherited debt is an enslaving memepex that belongs in the circular file with the flat-earth maps.

The dead do not rise from the grave to serve food upon any table, nor do the yet unborn. All human society is a mutual support organization and all human needs are provided by the physically fit generally from the ages of 18 to 70. The concept of an inherited debt is an enslaving memeplex that needs to be dropped. This mind map for an economic system needs to be filed in the same circular file as the flat-earth maps.
Levi Philos
User ID: 590644
United States
06/12/2010 09:45 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Now to the Terra Libra reports for comparison: #TL07B: The Nature of Government [link to www.buildfreedom.com]

Selected portions; go to the link for the full piece.

(quote) A very important aspect of human nature is that many of us present our good traits to others, while hiding our bad traits. This also applies to people who present themselves as "helpers." Whenever people present themselves as "helpers" to you, it's prudent to be careful -- particularly if they ask you to pay a lot for the "help." If they attempt to compel you to accept their "help," whether you ask for it or not, then you may want to be doubly careful. And if they attempt to force you (at gunpoint or otherwise) to pay for their "help," you may want to become suspicious about their real intentions. (compare to Marc Stevens who constantly says "Government is a gang of thieves and liars plying their living by extortion at the point of a gun.")



Description of "Government"

First, I'm going to provide my comprehensive primary description (or definition, if you like) of "government." Then I'll elaborate further on aspects of this description. I'll also cover some secondary descriptions of "government." It'll also be necessary to explain certain thinking skills that are necessary to grasp the descriptions. Finally, a few important related topics and arguments will be briefly covered, as well as the benefits of understanding and applying the information in this article.



Primary Description of "Government"

"Government" is a granfalloon, a scam, a hoax, a fraud, a swindle, a theatrical tragicomedy, and a form of parasitism or cannibalism kept in place by certain fraud-words, by superstition, by idolatry, by gullibility, by lack of thinking skills, by brainwashing, by mass hallucination, by terror, and by violence -- also characterized by compulsive lying, economic rape and value destruction, serial killing, war mongering, mass murder, quackery of the deadliest kind, primitive "alpha-ape" behavior, and the abuse of hierarchical systems.



"Government" is a "Granfalloon"


In his book Cat's Cradle, Kurt Vonnegut coined the word "granfalloon" to describe abstract concepts like "nation," "state," "country," "government," "society," "IBM," etc. He wrote, "To discover the substance of a granfalloon, just prick a hole in a toy balloon." In his book The Incredible Secret Money Machine, Don Lancaster explains:

"A granfalloon is any large bureaucratic figment of people's imagination. For instance, there's really no such thing as the Feds or the General Veeblefeltzer Corporation. There are a bunch of people out there that relate to each other, and there's some structures, and some paper. In fact, there's lots and lots of paper. The people sit in the structures and pass paper back and forth to each other and charge you to do so.

All these people, structures, and paper are real. But nowhere can you point to the larger concept of "government" or "corporation" and say, "There it is, kiddies!" The monolithic, big "they" is all in your mind."
Anonymous Coward
User ID: 590644
United States
06/12/2010 10:11 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Molyneux: "How the Government turns everyone into an asshole:" [link to www.youtube.com]
Levi Philos
User ID: 590644
United States
06/12/2010 10:35 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Bastiat on THE GOVERNMENT (of course, he wrote in French) "Government is the great fiction through which everybody endeavors to live at the expense of everybody else."
Levi Philos
User ID: 590644
United States
06/12/2010 10:50 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
If you read Lysander Spooner THE CONSTITUTION OF NO AUTHORITY, you will discover as I did that Spooner recognized the truth of the thread title "Get rid of the money system, then get rid of government"

Here is a primer on Lysander Spooner: [link to www.buildfreedom.com]

You can find the entire Spooner book free somewhere on the net; do your own search.
Levi Philos
User ID: 590644
United States
06/12/2010 10:56 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
#TL06 - DISCOURSE ON VOLUNTARY SERVITUDE

by Frederick Mann
© Copyright 1993 Build Freedom Holdings, ALL RIGHTS RESERVED

[link to www.buildfreedom.com]

ÉTTIENE DE LA BOÈCE

One paragraph: La Boétie's Discourse of Voluntary Servitude is particularly remarkable in that he was born into a family of "terrocrats" (coercive government agents or terrorist bureaucrats), and he himself - after graduating with a law degree in 1553 at the University of Orléans - received a royal appointment to the Bordeaux Parlement, where he pursued a career as a judge, a censor, and a diplomatic negotiator, until his death in 1563. In 1562 La Boétie reputedly wrote an unpublished manuscript (discovered in 1913), in which he recommended that Catholicism be enforced upon France, and that Protestant leaders (Huguenots) be persecuted as rebels. (I have no idea why La Boétie, after having written - in my opinion - the most advanced essay on politics became such a depraved terrocrat.)

Go to the link for the complete piece
Anonymous Coward
User ID: 984306
United States
06/12/2010 11:10 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Any math solution should not be too complicated.

The 'tranches' and stuff of sliced up mortgages were created by mathtastic assheads.

I have told what will be: Iron rods. Get used to it.
 Quoting: Anonymous Coward 984306


Iron rods which weight let's say 50 lbs each and which have a value of one year's salary.

Or maybe you'll perhaps arrive at a consensus as to credit and similar BS? Then you'll distribute PDFs via email to all the plebes explaining how money works?

Something like PayPal but better?

Lysander Spooner is right: Practice Law without a license and you may just save your country from the BAR associations and their banker judges!

How many iron bars can a judge or lawyer carry while bugging out to his mountain hideout? How many iron bars can a drug dealer load into the trunk of his Benz? Well at 50lbs each, you can see what I am saying.

The iron rod is essentially like the Denver Boot on global money.

When the rider of the White Horse appears, he will smash the nations with a rod of iron. I am simply referring to ancient Greece as a template for Egypt before that. I am not talking about anything that hasn't already been done with success.

Like clay vessels the nations will be shattered by iron rods.
Levi Philos
User ID: 590644
United States
06/12/2010 11:21 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Anatomy of the State, by Murray N. Rothbard: [link to mises.org]

Only one paragraph of this great essay is extracted here:

Of course, one method of securing support is through the creation of vested economic interests. Therefore, the King alone cannot rule; he must have a sizable group of followers who enjoy the prerequisites of rule, for example, the members of the State apparatus, such as the full-time bureaucracy or the established nobility.[10] But this still secures only a minority of eager supporters, and even the essential purchasing of support by subsidies and other grants of privilege still does not obtain the consent of the majority. For this essential acceptance, the majority must be persuaded by ideology that their government is good, wise and, at least, inevitable, and certainly better than other conceivable alternatives. Promoting this ideology among the people is the vital social task of the "intellectuals." For the masses of men do not create their own ideas, or indeed think through these ideas independently; they follow passively the ideas adopted and disseminated by the body of intellectuals. The intellectuals are, therefore, the "opinion-molders" in society. And since it is precisely a molding of opinion that the State most desperately needs, the basis for age-old alliance between the State and the intellectuals becomes clear.

******* for "intellectuals" I suggest substituting "teachers" and even priests and preachers
Levi Philos
User ID: 590644
United States
06/12/2010 11:27 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Any math solution should not be too complicated.

The 'tranches' and stuff of sliced up mortgages were created by mathtastic assheads.

I have told what will be: Iron rods. Get used to it.


Iron rods which weight let's say 50 lbs each and which have a value of one year's salary.

Or maybe you'll perhaps arrive at a consensus as to credit and similar BS? Then you'll distribute PDFs via email to all the plebes explaining how money works?

Something like PayPal but better?

Lysander Spooner is right: Practice Law without a license and you may just save your country from the BAR associations and their banker judges!

How many iron bars can a judge or lawyer carry while bugging out to his mountain hideout? How many iron bars can a drug dealer load into the trunk of his Benz? Well at 50lbs each, you can see what I am saying.

The iron rod is essentially like the Denver Boot on global money.

When the rider of the White Horse appears, he will smash the nations with a rod of iron. I am simply referring to ancient Greece as a template for Egypt before that. I am not talking about anything that hasn't already been done with success.

Like clay vessels the nations will be shattered by iron rods.
 Quoting: Anonymous Coward 984306


The people didn't even like one ounce silver coinage very well as it is quite heavy and bulky.

50 pound iron rods would have nearly zero acceptance. It is obvious to me that a large majority are prepared to accept virtual currency in the form of digits in a computer memory.

Read the "Free Your Mind Reports" at buildfreedom dot com and then make judgment free observations.
Levi Philos
User ID: 590644
United States
06/12/2010 11:30 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Terra Libra reports: [link to www.buildfreedom.com]

Clear Your Mind: [link to www.buildfreedom.com]

Lysander Spooner: [link to lysanderspooner.org]
Anonymous Coward
User ID: 984306
United States
06/12/2010 11:48 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
The people didn't even like one ounce silver coinage very well as it is quite heavy and bulky.

50 pound iron rods would have nearly zero acceptance. It is obvious to me that a large majority are prepared to accept virtual currency in the form of digits in a computer memory.

Read the "Free Your Mind Reports" at buildfreedom dot com and then make judgment free observations.
 Quoting: Levi Philos 590644


Ha ha ha. Awesome. So it will be the people, who choose their new currency?

Let's try this again: Iron rods, 50 pounds each, = one year's salary

Electronic currency. Heh, that's cute. Like a soap bubble. Children love soap bubbles.
l
User ID: 590644
United States
06/12/2010 12:30 PM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Money becomes by default a cultural decision making machine.

If you don't like the culture you are living within, the first thing to change is the design of the money system.

Now, take that revelation and apply it to the video series Hijacking Humanity: [link to www.youtube.com]
Levi Philos
User ID: 590644
United States
06/12/2010 12:37 PM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Ha ha ha. Awesome. So it will be the people, who choose their new currency?

Let's try this again: Iron rods, 50 pounds each, = one year's salary

Electronic currency. Heh, that's cute. Like a soap bubble. Children love soap bubbles.
 Quoting: Anonymous Coward 984306


The virtual electronic currency is being offered to the people in a very smooth fashion - little or no coercion is being used.

The people are accepting this without understanding the total picture.

It has less substance than soap bubbles, but the soap bubble story was created to illustrate how exponential growth is a failure while Gesellian precepts were not. However, I admit it may have fallen short at showing that.
Anonymous Coward
User ID: 984306
United States
06/12/2010 01:19 PM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
The virtual electronic currency is being offered to the people in a very smooth fashion - little or no coercion is being used.

The people are accepting this without understanding the total picture.

It has less substance than soap bubbles, but the soap bubble story was created to illustrate how exponential growth is a failure while Gesellian precepts were not. However, I admit it may have fallen short at showing that.
 Quoting: Levi Philos 590644


I am enriched by your work, and your comments here. Thanks.

I just think that a person should not be able to own more than they can carry.

So, one of the main things about the vehicle of exchange or whatever you want to call 'money', is that traditionally it has had weight. In fact, there is a direct correlation here which I will invite you to expound upon.

So electronic currency then, almost allows 'money', to take flight? Like a bird of some kind? So then we can follow this through and say that even if a bird crashes, the Phoenix may rise from the ashes?

So I am saying that when you are done, then what I am saying will come true, will come true, and WEIGHT will become a direct and inviolate shackle on the idea of money.

Let's examine historical precedent. All the following is not new, and is historical fact:

-Confiscation of metals and or coins.
-Banning of any currency in the state except approved currency, upon pain of immediate death.
-Trust based credit schemes

...And what do we see today? Teh bottom line is that for laundering purposes, there's the 500euro note versus the five Benjamins. But when you stack it up to the size of a seagoing container (you getting where I am going with this?) then little things like 5 versus 1 start to matter.

So I am saying eventually, all the BS will drop away, and you will need an oxcart to take the equivalent of 5 annual salaries to the bank. As for what a bank is, and why they would accept iron rods as tender, that is a whole nother story.

I am not saying electronic currency won't then derive from the iron rods. In fact, only then will it have a real basis in facts that are simple enough for the little people to understand kinisthetically and spiritually.

But the problem with the rider of the white horse is that with his iron bars, he will devalue gold and silver. In fact to posses them will mean death.

Hence, that is why the people will throw it in the streets as it says in the Bible, because they must part from it, and this is done with much weeping.

So everyone knows that iron is common and gold and silver are rare. But what even rarer is the voice which brings calming effectiveness and purpose back to a beaten and disorganized people. So a lot of people will be happy to throw their gold and silver forward toward the collection buckets. They know that the rider of the white horse will take care of them. They know the world that derives from those iron bars, will be a world of purpose.
Levi Philos
User ID: 590644
United States
06/14/2010 09:22 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Mendo Moola: [link to mendomoola.wordpress.com]

In March of 2009, the Willits localization group began issuing a paper currency, Mendo Credits, 100% backed by specific quantities of grains and beans. Mendo Credits are backed by a tangible asset… that is, Mendo Credits are a reserve currency as opposed to a fiat currency like U.S. Federal Reserve dollars. Many people are familiar with money backed by gold, which was once the case with U.S. dollars, but Mendo Credits are backed by reserves of stored food.

Mulligan Books also backs its own branded currency with tangible assets: its inventory of 25,000 books. As a double insurance of safety, Mulligan Books also guarantees that it will always return $5 in U.S. dollars for a Mulligan branded $5 coin when requested.

Every time money changes hands within a community, it boosts the community’s overall income and level of economic activity, and fuels the creation of jobs. The more times money changes hands within the community before heading elsewhere, the better off the community is. And spending money at a locally-owned business has a greater multiplier effect because they are more likely to respend their dollars locally.

By using Mendo Moola in trade — face-to-face, hand-to-hand — we are using money that never leaves our community as it does when using U.S. dollars and Credit Cards, thus facilitating additional exchanges in the local economy and making it possible to match unmet needs with unused resources. And unlike plastic and checks, the privacy of transactions remains private. The more it changes hands and the faster it circulates, the more local jobs, local businesses, and common wealth are created. $5 in Mendo Moola that changes hands 10 times in a month, is worth $50 in goods and services to the local economy. That’s money being smart!

MORE AT THE LINK (This is in California)

Another link on Mendo Moola: [link to campfire.theoildrum.com] (some good monetary philosophy here)

Food-Backed Local Currency

The money I had printed was created with all the above-mentioned issues in mind: wide income disparity, lack of practical self-reliance, unsustainable agriculture, resource depletion, climate change, a fragile just-in-time delivery system, a failing money system, and rising unemployment. When I said that “Ben Bernanke doesn’t make money as good as this” I meant that today’s dominant money actually creates or exacerbates those troubles, whereas Mendo Credits can be part of their solution.

Along with several other people, I am working with Patty Bruder and Cyndee Logan of a local non-profit called North Coast Opportunities (NCO). NCO mainly provides social services, such as running preschools, senior support, and managing community gardens. Mendo Credits is a new food-backed local currency project partly funded by a grant from the California Endowment. The overall goals of the project are to improve community health, economic vitality and environmental sustainability through local food system development. For as long as I have known Patty and Cyndee they have been thinking about the importance of system change and practical self-reliance. They’d prefer to develop a community garden where low income families can grow their own food rather than hand out meal money.

SNIP; THEN:

Mendo Credits are a 100% reserve currency with each note representing some fixed quantity of food. Therefore, the Mendo Credits brought to us for redemption are moved out of circulation. However, redemption of Mendo Credits signals a potential demand, which allows us to issue new notes. We have to watch our supplies of grains and beans and estimate future demand. At some point before all our current food stores are claimed we will issue more Mendo Credits. A combination of profits from previous sales plus the income from new notes, which may not be sold out yet, can go towards buying more food supplies.

MORE AT THE LINK; THE POINT IS THAT MENDO MOOLA HAS RECOGNIZED WHAT I HAVE BEEN WRITING - THAT MONEY DOES NOT NECESSARILY NEED TO HAVE ANYTHING TO DO WITH METALS - SIMPLY THAT MONEY IS A SYSTEM OF EXCHANGING ANYTHING OF VALUE BY PROXY INSTRUMENTS.

Levi Philos
Levi Philos
User ID: 590644
United States
06/14/2010 10:14 AM
Report Abusive Post
Report Copyright Violation
Re: Get rid of the money system, then get rid of goverrments
Richard Douthwaite: "Emergency, What Emergency?" Vimeo: [link to vimeo.com]

Richard Douthwaite, the author of The Growth Illusion, looked at the problems created by the availability of cheap energy. He believes it shaped capitalism and our monetary systems, led manufacturers and farmers to adopt unsustainable technologies, and permitted a six-fold increase in the human population while creating a concentration of power and wealth in very few hands.

Recorded on day three of The New Emergency Conference: Managing Risk and Building Resilience in a Resource Constrained World. Held on 10-12 June 2009, All Hallows College, Drumcondra, Dublin 9, Ireland

His site is: [link to www.feasta.org] and his main book is free right here: [link to www.feasta.org]

READ THIS BOOK AND FREE YOUR OWN MIND - YOU HAVE BEEN TRAPPED ON THE KONDRATIEFF MERRY-GO-ROUND, AND THE ONLY BARRIERS TO THE EXIST EXIST IN YOUR OWN MIND. I TRY TO TEAR DOWN THE BARRIERS AND YOU PUT THEM BACK UP.

Levi Philos





GLP