We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Friday, October 15, 2010

Debunking Money #2: Orwell and the Animal Farm [10:12m video]

by dvrabel from Council on Renewal.

After viewing this 2nd in his series of videos that attempts to explain the money system in the US, I am beginning to think that the series is looking quite promising. As I wrote Wednesday, I am a student (informal) of money so that I already have some background that helps me to understand what he is talking about. One thing I learned today, to my surprise, was that the banking consortium or cartel (the word he uses) that owns the Fed also includes foreign banks: in Canada, UK, Germany, Japan, and Switzerland.


(See video 1 and my introduction here.)