Friday, October 14, 2011

Guest post by Foxy Wizard

The Secret of Oz
Winner, Best Documentary, 2010


I once went to a talk by a man named Werner Erhard, who was talking about politics, and he likened it to a group of passengers headed down the railroad tracks at breakneck speed. People would be looking out the window, and one would say: “I don't like where this train is going! Let's get on the left side of the train!” and everybody would move to the left side of the train. And people would continue to ride that train, looking out the window, and someone would say: “I still don't like where we're headed! Everyone get on the right side of the train!” And everyone would get on the right side of the train.

Of course, the train kept going in exactly the same direction it was going, because it was on these tracks, you see...

I bring this up because a few months ago I watched this documentary, and saw what tracks we are on, and why, no matter what we do, if we stay on this track where private bankers finance governments, we will keep getting more and more in debt.

Did you know there have been three “Federal Reserve” type banks in American History? And that at certain times in our history we have, as a nation, printed our own money instead of having private bankers print it and loan it to us, with interest? Did you know that if we were to pay off all debt, there would be zero money as well, because our current system actually creates money every time we use credit, and in the current system a nation's debt will always roughly equal a nation's GDP because of our system of fractional reserve banking? Did you know that the Roman Empire and the British Empire thrived for centuries because of their practice of printing their own currency, and when they changed that, their fall was inevitable?

Several times in our history, patriotic Americans have attempted to throw off the private bankers with some success: Thomas Jefferson and Abraham Lincoln were two who managed to do just that, and each time we went back to the system that has now spun out of control.

I am interested in commentary from those who watch this. It is a complete game changer. Whether you are on the right or on the left, it will alter how you view our current situation.

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