Thursday, August 5, 2010

Escaping the Sovereign Debt Trap: The Remarkable Model of the Commonwealth Bank of Australia

by Ellen Brown from Global Research

Ellen Brown is a very good source of information in order to clear up the contrived mysteries of banking and money perpetrated by private banking interests. For further information about this subject I recommend her book, Web of Debt. Although I don't agree with everything she writes in that book, I believe she is entirely accurate when she sticks to the topic of banking.
President John Adams is quoted as saying, “There are two ways to conquer and enslave a nation.  One is by the sword.  The other is by debt.”  The major conquests today are on the battlefield of debt, a war that is raging globally.  Debt forces individuals into financial slavery to the banks, and it forces governments to relinquish their sovereignty to their creditors, which in the end are also private banks, the originators of all non-cash money today.