Bathmate

Using your background and extensive research you are giving us the big picture as well a valuable ideas for real solutions. Few commentators today (mainstream or alternative) are offering as much.

As a student of your writings, I am particularly interested in this statement: “trade and commerce will come to serve human freedom”. I hope you will continue to expand on this in future articles.

The current Federal Reserve monopoly of money creation is the most powerful weapon of the war being waged by the global elite. Their goal is to destroy liberty so they may gain total control.

The first question to ask of any monetary reform proposal should be: Does it serve human freedom?

I beg to differ with some of your observations not because they are regressive but simply because they are reactive.

1. System of money as public utility is also the concept of Karl Marx, erstwhile USSR and current China. But having said that, do they really practice it?
2. How different will the “money as public utility” be from the current system of a democratically elected government controlling the use of money through legislation and central banks?
3. When one says public, it does not mean the 300 million plus population of the US deciding the use of money. It simply means some people who represent those 300 million plus. Back to the same scene as we are today – whether in the US, India or elsewhere.
4. And whenever it is “some” people representing the entire population – it means concentrated power and hence corruption, bias, favoritism etc. etc.
5. Today we are denouncing the government, tomorrow others will denounce us when we have the power. It is a never ending game.
6. The problems that the world is facing today by means of lack of financial resources has just one cause – GREED. If we can take care of that then all is taken care of.
7. We are greedy with the resources and hence consume them without saving anything for the future – be it money (zilch savings), be it natural resources (water, oil, minerals, air, global temperature(?) …). The result is that we face recession, depression and global warming and then we sit up and try to find solutions. The only farsightedness we need is to be less greedy and conservative while spending.

As Mahatma Gandhi said,there is enough in the world for everyone’ need, but not for everyone’s greed.

The problem itself has a solution in it, we just need to see it and implement it.

Regards

Sanjeev Sharma

This was a very insightful article. I have only begun to pay attention to economic issues over the past few years, so I am very new to this arena. However, the suggestions you have given seem to be practical, and I want to know if the “Cook Plan” can really be used?

Excellent article.

For contrast, see “The Sperry Plan” that was published May 19th on http://www.opednews.com. Found here: http://www.opednews.com/articles/SuperCapitalism-The-Sperr-by-mac-Sperry-090517-196.html
Also to be found on my website: http://www.howtorescueamerica.org

Best Regards/mac