The Two Root Problems that Plague the United States: Too Much Debt and Corporate Influence in Politics

Nathan Martin sees two major problems clouding the future of the United States.

Link: Nathan's Economic Edge: FREEDOM’S VISION – Introduction….

There are currently two ROOT PROBLEMS that plague the United States:

1. Our current money system is comprised almost entirely of debt backed money. This system is only 38 years old and yet it has already reached the limits of mathematical growth. The economy, on every level, is saturated with debt. There is not enough income to mathematically EVER repay this debt, and thus CHANGE IS GOING TO HAPPEN, whether we like it or not, or whether we believe it or not. Any system that is designed in such a manner is mathematically destined to fail from conception.

2. We have lost sight of the purpose of CORPORATIONS. The concept of a corporation first came about when Europe was exploring the new world. This was a very expensive and risk filled proposition, wealthy individuals could lose everything by losing a ship at sea and subsequently having family members of the deceased sue them. Thus the necessary capital for exploration and advancement dried up. And out of that came the concept of limited liability. Thus the Corporation was born as a way to serve mankind so that exploration could continue.

Today, corporations seem to have risen to a special place, one that is higher than man. This is because capital has concentrated so greatly that corporations use their money to influence politicians and to write laws in their favor. Yes, this is an extension of the Golden Rule, whereby those with the gold make the rules. But it is now at such an extreme that politicians on the national stage cannot get elected without massive infusions of their money – and thus there is a circle that feeds into them and makes them even larger and more powerful.

These two root problems are now intertwined as some of the largest corporations in America are the ones who are producing and controlling the quantity of our money. They use their vast money to buy BOTH SIDES of political issues thus ensuring that their interests are represented. This super representation has got to stop as it affords a few individuals power and control over the majority who do not have the same access. This is NOT how our political system is supposed to work. This is why our solution addresses BOTH of these key issues – a sustainable future will not exist unless the balance of power is restored – that political and power balance will help to bring the quantity of money back under control as well.

Quite literally, the QUANTITY OF MONEY IS OUT OF CONTROL, especially when one considers the shadow banking world of derivatives. Just look at how quickly the math of debt went from millions to billions and now on to trillions. Did YOUR income advance by a like amount? No! And that is exactly why the inflationary math of debt backed money does not work.

Bill Still’s movie, “The Secret of Oz” presents history in a fascinating way, he then picks up on author L. Frank Baum’s symbolisms and spells them all out for you – The yellow brick road, the silver slippers, the Emerald City, the mindless Scarecrow, the heartless Tin Man, the cowardly Lion. Even the witches and flying monkeys have meanings that you will find fascinating.

This brings us to Bill Still’s quote from The Secret of Oz, “It’s not WHAT backs our money, it’s WHO CONTROLS its QUANTITY!”

There are four key words in that sentence that are simple to understand:

WHAT – The problem is that our money is now backed by debt. In the past, our dollar has been backed simply by the rule of law, debt free – supported by the “good faith and credit of the United States.” Such was the case with Colonial Script or Lincoln’s Greenbacks. The dollar has also been backed by both gold and by silver. While those who support commodity backed money have the right idea in that they seek to control the quantity of money, this has proven to be much harder in practice than in reality and is why today no modern country uses commodities to back their money. Yes, it is possible to create the national money debt free AND to control the quantity of money. What most reasonable people can agree is that of all the things NOT to have behind our money, debt is it!

WHO – There are two choices here, the government who represents the collective People, or the bankers who represent themselves as individuals. Currently it is the BANKERS who issue and control the quantity of money, not the government as most are led to believe. By design, the system is backed by debt and PRIVATE central bankers collect interest payments on the debt backed money from YOU. In other words, big banks get to collect hundreds of billions of dollars annually just so we can have the “privilege” of trading for goods with their private debt-based money. We know this sounds harsh, but it is true! This system concentrates the money power into the hands of a few allowing them control over politics and works to MINIMIZE FREEDOM for the vast majority of Americans.

CONTROL – Here’s the simple truth – NO SYSTEM OF MONEY has ultimately withstood the test of time. WHY? Could it be that regardless of WHAT backs the money or WHO controls the quantity, any time that the quantity of money gets out of control CONFIDENCE will eventually be lost? Of course. But throughout history, some systems have fared better than others. Is it possible to have the advantages of flexibility and to still keep prices under control? We think so, and we’re going to spell out how.

QUANTITY – Too little quantity and the economy will suffer. Too much quantity and the economy will also suffer, just in a different way. Finding the right balance, then, is where a sustainable and productive system will be found.