Memorial Day Thoughts
GroundSwell, May-June 2008]
Memorial day is the most reflective of American Holidays, when we
ought to honor and devote our attention to those who've given above
and beyond to the advancement of humanity.
How far we have strayed from such an honor system! Look and see
who is "honored" in our nation, and for what. Our society
is so very sick, that instead of honoring those who contribute to
its well being, the diseased mostly promote and emulate those who
have unjustly accumulated an obscene share of our nation's wealth
and power. There is often a direct relation between how much damage
someone does and how much wealth they receive in payment for it! For
example in the media: Rush Limbaugh, Shawn Hannity and even
characters like ABC's Stephanopoulis and Gibson.
We have no real media in this country. Keith Olberman is a rare
exception but remember one third of Americans (the poorest and least
educated) don't have cable television.
However the media problem is small change compared to the
macro-destroyers operating against America -- the financial sector
(and the same is true in other lands). This does not require a
conspiracy because in any case it would be the inevitable result of
our flawed monetary and banking system. It results from the
privatization of control over the nation's money system which has
removed it from the checks and balances of our constitutional
republic. Allowing it to function on a fractional reserve basis,
which gives the banking system a huge accounting privilege. Letting
the miscreants keep the loot they have stolen under color of law; so
called "laws of economics" which deify the market.
That has fostered the accumulation of unearned wealth to obscene
levels that are destructive to democracy, to justice and to
humanity. With present day weaponry, it now even risks the
annihilation of the species.
Thus the banking/money system promoted real estate speculation and
created the real estate bubble, instead of focusing on repairing our
vital infrastructure. New Orleans and Minneapolis and the army of
unemployed pay the price so far, while the financial establishment
gets bailed out. Who pays for the bailouts? One way or another the
people of our country. Why? Because they don't understand how our
money system operates against the general welfare. Their legislators
also either don't understand, or find it convenient to pretend they
The media does its best to block understanding, in order to
promote the interests of the medias ultimate owners/controllers: the
financial sector. Memorial Day rightfully honors our veterans
and our warriors who have and are now paying the ultimate price for
the misdirection of our society by corrupt finance. A more meaningful
thing would be to take better care of them. To pretend that America
does not have the ability and resources to do that is an obscene lie.
Am I, as Director of the AMI overly passionate about this? Perhaps.
You see we are involved in this battle on a daily basis. To get an
idea how we are in combat against this insane system, please see our
website at http://www.monetary.org Attached is a two page summary of
the problem and solution: The Need for Monetary Reform. We try to make
our materials easy to understand, yet accurate.
And we do this without comfortable funding. The Institute did not
begin with an endowment but with a donation of books in 1996. We have
survived and will continue to grow and move forward based on much
appreciated donations, and the sales of our classic research
achievement, The Lost Scence of Money book, and our CD's.