Gathering Discusses Breaking Bankers' Hold on World
By Mark Anderson
ROUGEMONT, Quebec, Canada, Sept. 4 – Here at the
70th anniversary of
the Congress of the Pilgrims of Saint Michael near Montreal, real monetary
reform is being discussed today through Monday, Sept. 7, with representatives
from Poland, Argentina, Madagascar, Africa’s Ivory Coast and other locales
telling attendees that the death grip that private central banks have over
nations can and must be broken. “Can” is the operative word, as attendees see
To liberate people from this far-reaching,
sustained villainy, participants from these nations and from the U.S. and
Canada agree that what’s called “social credit” is the answer—because it means
money would be a societal creation brought into existence debt-free, instead of
keeping the ruinous arrangement used for many decades that obligates
governments to, in essence, buy money from central banks.
The current bind means that the very lifeblood
of economic activity lies in the hands of secretive banking interests to whom
all the benefits of money and credit creation flow, resulting in chronic
poverty even in nations rich in natural resources. If every other major
political problem, plot and scandal are the tentacles of the “octopus” of
global control, then central banking is the head and brain.
Social credit, or national credit (which is
given others names locally regarding grassroots efforts to test the mechanics
of the system and help people learn it) means that grassroots efforts would
lead, from the bottom up, toward national policies to make national governments
the sovereign in terms of creating money and credit as an extension of the
people. Central banks could no longer be the “snake-oil concessionaire” selling
currency to nations in exchange for government bonds (which obligates the
people to the huge debt created in the exchange).
The social dividend that is part of the social credit
proposal would provide the peoples of nations with individual non-welfare
income to supplement what they earn working, and the job markets would be
liberated from debt and provide much more work anyway, backers say. And
something called the compensated discount would ensure both stable prices and
sufficient business income.
Notably, to explain more of the key details,
this writer will focus on one of the Congress’s central participants, former
Swiss banker Francois De Siebenthal, who said he turned down overtures to join
the shadowy Bilderberg Group and decided to forgo central banking job promotion
and advocate real reforms instead.
De Siebenthal will be on this writer’s RBN radio show, When
Worlds Collide, live from Canada on Sat., Sept. 5 starting at 7 p.m.
central (8 p.m. eastern). Click here to listen to Mark's show.
“We can start to liberate ourselves and others
that have so much violence in their countries,” said guest speaker Rodrigo
Velasquez during preliminary speeches Friday in preparation for the official
start of the Congress on Saturday. Velasquez, whose home is in Colombia,
referred to the chronic shortage of purchasing power afflicting the peoples of
many nations, which tempts them to plunder rather than work when gainful
employment is elusive.
MARK ANDERSON is
AFP’s corresponding editor and the host of When
Worlds Collide on RBN,
Saturdays, 7 to 9 p.m. central. For more information email the writer at [email protected].
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(Issue # 32,
August 10, 2009)