[GJM] Sutainable Banking!

[robert searle]

  I think we should give banks, and corporations the
benefit of the doubt. I am sure there must be a few
top business people who take "sustainability"
seriously. It cannot all be "greewash."



R.Searle.


--- Steve Consilvio <steve at behappyandfree.com> wrote:

> Sustainable is a fancy word for making it sound like
> you are doing  
> something new, but in fact are trying to preserve
> the status quo.  It  
> is a response to a failing system, by suggesting
> that the best fix is  
> to keep the failing system running.  (God forbid you
> change  
> something, eh?)  If all the debtors go broke, then
> the banks will go  
> broke with them.  Which is to say, that if they blow
> all the savings  
> that people gave them to hold, then nobody will
> trust them anymore.   
> They need to sustain their middle-man role in the
> predator-prey  
> relationship, which means everybody else must
> sustain theirs.
> 
> Ironically, Robert Morris was right when he set up
> this ponzi scheme  
> 200+ years ago.  There should only be one bank. 
> Competing banks  
> multiply the problems with currency and destroy its
> value  
> (inflation,) since now everyone is involved in
> manipulating their  
> currency, rather than actually using it.  Of course,
> how we use the  
> currency is still the real problem.  Banks have no
> interest in  
> reform, the current system suits them just fine. 
> There is no easier  
> way to get rich than massaging the numbers, and
> using other people's  
> money to do so.  Similarly, a capitalist believes
> that goods can only  
> flow if a currency is attached to it, and the
> accounting system we  
> use is as unalterable as the sunrise.  :-)  Both
> believe that the  
> world would end if the government did not issue
> currency.  And most  
> (all) reformers share a similar belief about money.
> 
> We would think it insane if medical researchers
> spent their time  
> trying to perfect a disease, but not so with
> economists.  Instead of  
> lead they use numbers, but the alchemy is the same
> as it always was.   
> People do not "own" money; it is a government
> created and regulated  
> commodity.
> 
> -steve
> 
> 
> On Oct 6, 2007, at 2:00 PM, discussion- 
> request at globaljusticemovement.net wrote:
> 
> >       It appears that certain banks take a
> "serious"
> > interest in sustainability. Presumably, they must
> > benefit from it in some way.
> 
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