[GJM] GLOBAL VISION 2000 LINKUP, An opportunity to democratize global money and development finance
robert searle
dharao4 at yahoo.co.uk
Wed Jan 9 12:26:52 MST 2008
Dear Norm, and Muhammad Muktar Alam,
Sadly, Binary Economics is too limited to deal
with the problems of the world at record speed. It is
absurd to think otherwise.
Ofcourse, it is waste of time saying this as you
cannot teach an old dog new tricks, and I would
probably defend my position if I had been involved in
something like BE for years, and years!!!.
http://globaljusticemovement.net/pipermail/discussion_globaljusticemovement.net/2007-December/004994.html
http://www.realwealtheconomy.com/?p=37#comment-52
Finally, I noted that the Paula Gloria "show" repeated
the segment about my work in progress on TFE right at
the start of a new programme which she sent out on You
Tube. Moreover, I have seen another interview with
Robert Ashford recorded several days ago with Harold
Channer yet again..but probably with some awareness
about TFE though this was not discussed..
Anyhow, I have said my piece...........
R.Searle
--- "Dr.Muhammad Mukhtar Alam"
<mukhtaralam2000 at yahoo.com> wrote:
> Dear Norm,
>
> Greetings for peace ,
>
> I would like to share this message with more and
> more so that more and more men and women get
> mobilised for demanding. I would be interesting to
> get the demand incorporated in the presidential
> campaign in US.Mr. Obama is caring for global
> warming. Transforming money through eleiminating
> usurious debt is critical for ecosafety. I have
> noted this one of my input Youth position paper.
>
> With warm regards
>
> Dr.Muhammad Mukhtar Alam
>
> Norman Kurland <thirdway at cesj.org> wrote:
> Dear Yaseen,
>
> You present a correct analysis of the impending
> bankruptcy of global
> money and financial systems, and the need to
> radically transform central
> banking in every country. This crisis represents a
> unique opportunity to
> offer fundamental change in how we finance the
> future of the global
> economy in ways that can unite peoples everywhere,
> as the basis of
> global peace through global justice.
>
> Global visionaries are fortunate that thinkers like
> you have studied and
> understand the power of the Just Third Way system as
> articulated in the
> writings of Louis O. Kelso, the father of binary
> economic theory and its
> plan for democratizing access to interest-free new
> money for sustainable
> development (see his books downloadable free at
> www.kelsoinstitute.org
> and www.cesj.org and refined by Professors Robert
> Ashford and Rodney
> Shakespeare in their highly readable and scholarly
> book "Binary
> Economics: The New Paradigm. ") Your network of
> global visionaries are
> invited to join members of the Global Justice
> Movement on Friday, April
> 18, 2008, when we again demand that the Federal
> Reserve System overhaul
> their money-creating policies to conform to the
> "Declaration of Monetary
> Justice" as described at
>
http://www.cesj.org/about/programs/declarations/monetaryjustice.htm
>
> You can view last April's demonstration at the Fed
> and listen to the
> talks of last April at
>
http://capitalhomestead.com/video/FED_20070420part1.html
>
> Can you mobilize your network to join us at the
> world's most powerful
> "Temple of Money" on April 18th in Washington
> (Modern Rome)? The time is
> ripe to present a new global vision and call for a
> new Bretton Woods
> conference to reorganize global money to empower
> ordinary people, from
> the bottom-up. Looking forward to to your response
> and that of others in
> your networks.
>
> In Global Peace, only through Global Justice,
> Norm
> www.cesj.org
> www.globaljusticemovement.org
>
>
>
>
> Yaseen wrote:
> > Dear Global Visionaries,
> >
> > This is the year when the global economy has been
> plunged full steam ahead into uncharted turbulent
> waters. The situation is similar to a crash which
> has occurred with the driver having hit something
> big and nasty but there is a delay before the driver
> who doesn't even have a seatbelt goes flying through
> the window. The banks have collapsed and they are
> bankrupt and are in denial due to the vested
> interests of bankers and
> >
> >> economists. The secular democratic neoliberal
> order is resorting to economic cannibalism. In this
> crisis there is an urgent need for the
> demystification of money and terminology and the
> false science of economics exposing the false
> religion of economics disguised as a science. We may
> have no other choice but to imitate Jesus chasing
> the Moneylenders from the Temple in earlier times.
> The religion of the day is the Free Market and
> Market economy which needs exposure. The situation
> we are in resembles the Middle Ages wherein the
> Priesthood spoke a language namely Latin which
> though the ordinary people could not understand was
> the medium through which eternal salvation and
> damnation was pronounced. Now what we have is the
> enthronement of an Financial Priesthood which has
> made Economics,the Market and Homo Economicus are
> Mammon which we all need to worship and be prepared
> to be sacrificed.
> >>
> > We are at the start of a financial tsunami heading
> for the perfect storm of a housing bubble, credit
> bubble and the decline of the imperial dollar. The
> subprime mortgage crisis merges into a "credit
> crunch," which itself merges into a solvency crisis
> of the international banking system. Central banks
> initially stressed asserting market discipline and
> letting speculators take their losses are now
> backing bailouts to keep the whole system afloat.
> > The illusion of a successful free market economy
> has depended upon the accumulation of vast amounts
> of debt, with households, businesses, governments,
> and financial markets all depending upon debt. The
> ability to finance that debt depended in turn upon
> the ability of the banks to turn loans into
> securities that could be sold to speculators, moving
> the loans off the banks' balance sheets to the
> investment community. The end of securitization will
> wreak havoc with the ability of the economy to
> finance itself with debt. The collapse will devour
> into the balance sheets of the commercial banks, the
> investment banks, the insurance companies and other
> financial institutions and the lives of people.
> > This has led to the dollar nosediving and despite
> 750 billions injected by Central banks is leading to
> a hyperinflationary situation like 1923 in the
> Weimar Republic in Germany and run on the banks.
> This isn't just a credit crunch but a bankruptcy
> crisis. As shown by the bailouts of commercial banks
> by the Central Banks. Bankers are frantically trying
> to waken a dead system which died in the summer. The
> banks are bankrupt. The banks are admitting to
> writing off billions of debt in the form of toxic
> waste and junk paper. Leveraged lending is
> discredited as there is unsalable financial paper
> and noone trusts anyone over whether loans can be
> paid back. Investor banks are being investigated
> such as Goldman Sachs, Merrill Lynch, Deutsche Bank,
> Morgan Stanley and Bear Sterns on whether they sold
> risky mortgage backed securities to investors
> globally in bad faith. The greatest casino economy
> established by Greenspan is over and out. The bubble
> is now going inwards and this
> artific!
> > ial economy will impact on the real economy.
> > The situation we find ourselves in is complex as
> peeling the skin of an onion. There are layers of
> history underpinning this crisis. The Kondratieff
> cycle occurring every 60 years is on the horizon.
> Since 1987 printing money was injected into the
> economy under Greenspan which was intensified after
> the dotcom bubble in 2002-2007. Since 1987's
> deregulation there has been the development of
> volatile financial instruments such as credit
> derivatives, derivative futures and collaterallised
> debt obligations, SIVs. In which reselling debt is
> new and leading to casino capitalism. The saturation
> point of debt and leverage has arrived. The US is
> buoyed on 10 trillions of borrowed money which has
> created an unfortunate sense of prosperity.
> > Prior to this was the dollar's move from the Gold
> Standard
> > and Fixed exchange to the floating exchange in
> 1971 and the rise of the petrodollar i.e. the use of
> the dollar peg for oil trading. Since 1963 with the
> assassination of JFK there has been a criminal mafia
> in control of the USA. Underpinning this was the
> Breton Woods agreement in 1944 which established the
> dollar as the Universal reserve currency. Underlying
> this is the establishment by a criminal mafia since
> 1913 of the US Federal Reserve Bank which means that
> under the regime of the world's all powerful central
> banking system money has been brought into existence
> as debt bearing loans with Fractional reserve
> banking and fiat money. This racket needs massive
> exposure fast. The origins can be pinned back to
> 1694 with the establishment of the Bank of England
> in the city of London.
> > It is in this context that the Bush administration
> has engineered wars to corner the global oil trade
> in Iraq and Iran which is to forestall the demise of
> the dollar as the world's reserve currency. The US
> dollar hegemony is being maintained so that fiat
> money is traded for precious resources. Bush wars
> are about retaining the dollar as the premier world
> trading currency which requires the physical control
> of
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