Friday, March 23, 2018
Capitalism & Community
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The main theme of my writing is that every citizen should be entitled to a life sustaining dividend from their Common Share of the Nations resources. I still believe that Capitalism is the best economic system for America, as long as we preserve the democratic form of Government . But we must not allow the power and corrupting force of the Love of Money to destroy our concern for the well being of all our citizens.
We must make it possible for the least capable among us to contribute all that they can and will to produce goods and services to the whole. We must require the most capable among us to share a greater burden while reaping a greater reward in return for what they do in exploiting the resources of the Nation.
Their is never a moral reason to abandon any individual along the highway of life to death, while others living on that highway reward themselves with more and bigger homes and more and faster cars. While it is true that some are entitled to greater reward for greater achievement, others gain wealth from the privilege of ownership of productive resources. The commonwealth derived from these resources belong to all the people equally. A portion of these resources can provide the essentials of life [food, shelter, medical care, education] in equal amount to each & every citizen. There is no reason why our society cannot be both cooperative at the survival level and competitive at the reward level.
Written by William Hodge 3/23/2018
Monday, February 26, 2018
Money has no limit.
Money is like points in a Ball Game. There is never too few points. The score keeper always has enough points to score the game. As long as a Nation protects its Sovereign power to create its own currency there can never be a shortage unless a shortage is deliberately created to cause Deflation and Depression to benefit the hoarders of monetary capital. That is exactly what happened in the Bank collapse and that is exactly what the Radical Republicans are doing in their drive to impose austerity on Working People. They sure as hell are not asking for Sacrifice from the Wealthy. Their is less money in circulation now than at the beginning of the Great Recession.
There can be a shortage of labor that forces up wages in good times. The GDP bean counters would call that inflation. There can be stressed productive capacity in Good times that will inflate the price of goods and be call inflation. That too happens in Good times. There can be a shortages in resources that will push up prices in good times.
But notice that the key is that general high inflation occurs in good times when the shortages is in the ability to produce goods & services. Inflation is the result of shortage of everything except money. Austerity in times of high unemployment [excess labor] and excess productive capacity [idle factories& productive capital] is sheer insanity and no School of Economic Theory will change the facts that things will get worse - not better when you start laying people off.
When people are not working and roads are falling apart and bridges are falling down it is time that the Nation's Money Creating Score Keeper makes more money to put people to work. When we have a failing educational system and teachers are being laid off, it is time to create money and put them to work. When the nation is falling into third world dilapidation, it is time to make the money and restore our march into the Future. Money creation in time of need is not the problem. Money destruction to feed the Greed is the problem. Forget your Philosophy and do your math.
Saturday, August 3, 2013
Revolution without Rifles.
I invite you to join us at our Community Facebook page.
https://www.facebook.com/Pax-Village-Voice-152998464720656/
The purpose of our movement to bring all citizens out of Poverty and create a Human Community that insures Liberty to all and a pathway to Achievement for all.
I am more of an Evolutionary than Revolutionary. You could call it a Revolution without rifles. I am a big believer in Thoreau and Gandhi and King. I believe in change by Sitting down in the Face-of-Power and saying " I quit ! I will not live by your rules any longer. I quit cooperating with the system until the system hears my voice"
This is the Human Community I choose.
1. Every person[rich or poor] gets sufficient food to maintain health.
2. Every person[rich or poor] gets adequate shelter to protect him from the elements.
3. Every person[rich or poor] gets medical care to keep him healthy.
4. Every person[rich or poor]] get an education to allow him to be competitive in the job market limited only by his ability to learn.
We have the productive means. We have unlimited money. We have a distribution system in place. It only requires a change in the way we create and distribute money to create a Basic Income for every person[rich or poor].
We must not allow the Greed of the 1% to keep us trapped in a Wage-slave system that uses poverty to bind us by desperation. It is better to tell them " Take your job and shove it " It is better force them to fill their prisons with our bodies protesting in the street than to let them create our own prison in our own mind out of a sense of hopelessness.
We are hopeless and helpless only by choice.
Please join us at our Facebook Community Page
https://www.facebook.com/pages/Pax-Village-Voice/152998464720656
it is the Hub of our entire Social ntwork.
https://www.facebook.com/Pax-Village-Voice-152998464720656/
I am more of an Evolutionary than Revolutionary. You could call it a Revolution without rifles. I am a big believer in Thoreau and Gandhi and King. I believe in change by Sitting down in the Face-of-Power and saying " I quit ! I will not live by your rules any longer. I quit cooperating with the system until the system hears my voice"
This is the Human Community I choose.
1. Every person[rich or poor] gets sufficient food to maintain health.
2. Every person[rich or poor] gets adequate shelter to protect him from the elements.
3. Every person[rich or poor] gets medical care to keep him healthy.
4. Every person[rich or poor]] get an education to allow him to be competitive in the job market limited only by his ability to learn.
We have the productive means. We have unlimited money. We have a distribution system in place. It only requires a change in the way we create and distribute money to create a Basic Income for every person[rich or poor].
We must not allow the Greed of the 1% to keep us trapped in a Wage-slave system that uses poverty to bind us by desperation. It is better to tell them " Take your job and shove it " It is better force them to fill their prisons with our bodies protesting in the street than to let them create our own prison in our own mind out of a sense of hopelessness.
We are hopeless and helpless only by choice.
Please join us at our Facebook Community Page
https://www.facebook.com/pages/Pax-Village-Voice/152998464720656
it is the Hub of our entire Social ntwork.
Sunday, April 21, 2013
Conservative View of Government
In the Course of Time
We forget why we needed to be a Nation .
1. Too much crime - eliminate policeman.
2. Too many fires - layoff fireman
3. Too much ignorance - close the schools
4. Too much unemployment - fire people
5. Too much hunger - eliminate food assistance
6. Too many homeless- close the shelters
7. Too many regulation violations - stop regulating
8. Too many accidents - eliminate speed limits and alcohol laws
9 Too little health care - eliminate medicare
10.Too many criminals & crazies with guns - Stop asking gun sellers to check on gun buyers.
Radical Conservatives believe that No Government is the best Government, Good Guys always beat the Bad Guys, and we don't need no stinking rules to tell the difference between Good Guys & Bad Guys.
copyright © William Hodge 2013
Wednesday, March 20, 2013
Moderating the Superior Difference
Inequality is derived from the desire to compete for prize of power and the perks that accompany it. Even in a system design to be oppressive [but with equality] there are "some who are more equal than others". There are also those who cooperate voluntarily to achieve a form of sharing with each other, because that too is in the nature of man. I would like to live in a world of equality but know that we can at best just approach that. Not even in a "Benevolent" Dictatorship is there a way to eliminate the desire of individual to compete for exceptional-ism [a Superior difference].
My hope is not to change the Nature of Man, but to modify it in ways that protect the lives of the many. If all men have sufficient food, adequate shelter, basic medical care, and the opportunity to acquire the maximum skills of his abilities, then all men would have the Freedom to say No to the oppressor who would withhold the basic elements of survival [food, shelter.....]. Only then would the Oppressor lack the power to force others to labor to the advantage of the oppressor. The most basic Freedom is Freedom from Desperation. Only then is there "Life, Liberty, and the pursuit of Happiness" available to the Common Person.
copyright © William Hodge 2013
Monday, March 18, 2013
Everyone cannot win the Race
There is another side to people who belong to the human community. It is cooperation. There are no winners or losers or personal trophies.There is just mutual sharing. Almost no single person is all one or the other. Both are useful attributes in the preservation of life. Both have a place in producing those things that are needed as essentials and those things that are exceptional and furnish the rewards for creating the competition that leads to efficient productive effort.
There are many stories of achievement by people who start from nearly impossible conditions. There are far more stories of people with "silver spoons" who achieved great personal success. The overwhelming number of stories I know is about failure to achieve by those who worked as hard or harder than you and I and still never rose to any level of success.
The simple fact is that where one starts in the competition of life has a much higher correlation to where one finishes the Race than does how hard you work. The story of Rags to Riches is the exception that proves the rule of the advantage of privilege over poverty in the competition for exceptional-ism .
That is why I am a progressive. I believe that Society has an obligation to every single individual to give them the essentials of life [food, shelter, medical care and all the skills the individual is willing and able to learn] that are necessary for a level playing field. That is where the cooperative nature of man becomes essential to the purpose of Community.
The business of Life is not exceptional-ism. Exceptional-ism is a tool to achieve efficiency in the task of Society preserving the opportunity of protecting each and every life. This is the reason that we live and cooperate in communities. It is the reason we institute Governance to compel all member of our community to do their fair share of providing for the needs of the Commonshare. Too often achievers prefer to expand their gratification of the competitive need of exceptional reward and defend greed by calling it personal freedom .
True Freedom is to know that you will not be hungry and homeless or ill without care. It is knowing you have teachers to equip you with skills to achieve according to your best abilities. It is the right to escape from those who have the power to let you starve if you refuse to work at their command for their profit at their price. It is the freedom not to be a wage-slave. Only democratic governance of sufficient size and strength to protect you right to share the essential of life that have their source in the Commonshare of land, air and water can give you true freedom. Anyone trying to convince you that your Government is always your enemy is the person that seeks to be your master.
Copyright © William Hodge 2013
Copyright © William Hodge 2013
Monday, February 18, 2013
Ideals of Self Government
We are still on the path from Declaration to Constitution to building a Free Nation of free people with equal opprotunity to contribut to the achievement of the ideal Human Community.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the Pursuit of Happiness.
If any man is hungry, or homeless, or ill, or ignorant, it is self-evident that he has NO unalienable right to life. Any Society that fails to provide the protection of life for all of its citizens, fails to provide Liberty for the desparate . It allows the Pursuit of Happiness only for a select few and permits wage-slavery to be the fact for the many.
The Declaration of Independency from Despotic Rulers and the War of Revolution to fulfil the promise of that Declaration lead to a Government with a commetment to
" promote the general welfare, and secure the blessings of liberty to ourselves and our posteity"
The Founding Fathers did not incorporate the ideals of the Declaration into the Government our Federal Republic but it did institute a promise to seek a more perfect Union. We have come a ways but we have yet a ways to go. Let us hope we will not be bound to our past. Let us hope to move to a more democratic future with equality.
Sunday, November 25, 2012
The Essentials of Survival or Where to Break the Egg.
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All life has a common dependency on land, air, water. The use of it is exclusive to no one. There is no birthright to possession with or without the contribution of personal labor. Not even your own labor is exclusively yours if another has the power to compel you to serve him with your labor.
I am a son of the South and among my ancestors were men who owned slaves and never once questioned their right to compel their slaves to serve them for all of their lives and the lives of their children and their children's children. Even their Religion and their Government told them that this was their Birthright to possess at will.
Also among my ancestors were Native Americans who laid claim by birthright to the use of the land of their ancestors. But in the end superior power of the Invaders displaced this Birthright push my ancestor off their land and down the "Trail of Tears" and now modern day American claim it as their right to possess by virtue of Labor.
There is no such right of possession in Nature. It become possible only if the Community [which has power superior to the individual] grants the privilege of possession in return for a tax that is due to the community to provide for the common use of that community. How the Common-share is used is determined by who holds the power of Community. It might be Democratic or Oligarch or Dictatorial, but it exist beyond the power of any single individual to resist.
If the Community decides that a portion of that tax of the Commonshare is to be used for food, shelter, medical-care and skill training for some or all of the Citizen of the Community, the opinion of those who believe it is Philosophically wrong is an opinion of no consequence in the absence of Democratic Response or Armed Rebellion.
It is not your or my Philosophical Opinion that determines Absolute Right. It is the will of those who hold the power to impose their will that determine truth of the moment. It is only the willingness to evolve values by compromise that offers a pathway to change without violence. I for one embrace the privilege to possess wealth as reward for achievement of competition and for the contribution to the common good. I also am of the opinion that a community that guarantees that each and every citizen shall have food, shelter, medical care and education that is not predicated upon the need to satisfy a Bureau for Begging is a stable and productive community.
I am fully satisfied that a modern technological Society can easily do both without a struggle to satisfy the need to be Absolutely Right about the proper Moral Behavior. Our present struggle over who will hold power, leads me directly to consideration of the Society of Lilliputians in Gulliver's Travels. What does it really matter which end of the boiled egg you crack before eating.
Copyright © William Hodge 2012
All life has a common dependency on land, air, water. The use of it is exclusive to no one. There is no birthright to possession with or without the contribution of personal labor. Not even your own labor is exclusively yours if another has the power to compel you to serve him with your labor.
I am a son of the South and among my ancestors were men who owned slaves and never once questioned their right to compel their slaves to serve them for all of their lives and the lives of their children and their children's children. Even their Religion and their Government told them that this was their Birthright to possess at will.
Also among my ancestors were Native Americans who laid claim by birthright to the use of the land of their ancestors. But in the end superior power of the Invaders displaced this Birthright push my ancestor off their land and down the "Trail of Tears" and now modern day American claim it as their right to possess by virtue of Labor.
There is no such right of possession in Nature. It become possible only if the Community [which has power superior to the individual] grants the privilege of possession in return for a tax that is due to the community to provide for the common use of that community. How the Common-share is used is determined by who holds the power of Community. It might be Democratic or Oligarch or Dictatorial, but it exist beyond the power of any single individual to resist.
If the Community decides that a portion of that tax of the Commonshare is to be used for food, shelter, medical-care and skill training for some or all of the Citizen of the Community, the opinion of those who believe it is Philosophically wrong is an opinion of no consequence in the absence of Democratic Response or Armed Rebellion.
It is not your or my Philosophical Opinion that determines Absolute Right. It is the will of those who hold the power to impose their will that determine truth of the moment. It is only the willingness to evolve values by compromise that offers a pathway to change without violence. I for one embrace the privilege to possess wealth as reward for achievement of competition and for the contribution to the common good. I also am of the opinion that a community that guarantees that each and every citizen shall have food, shelter, medical care and education that is not predicated upon the need to satisfy a Bureau for Begging is a stable and productive community.
I am fully satisfied that a modern technological Society can easily do both without a struggle to satisfy the need to be Absolutely Right about the proper Moral Behavior. Our present struggle over who will hold power, leads me directly to consideration of the Society of Lilliputians in Gulliver's Travels. What does it really matter which end of the boiled egg you crack before eating.
Copyright © William Hodge 2012
Thursday, November 22, 2012
Commonshare is the Heart of Community
I believe that the distribution of the essentials of life should not be tested by monetary need. I find the concept of a Bureau for Begging to be humiliating in an era of abundance. I am a supporter of the concept of Common-share. Land, air, and water are essential to all life in common and private ownership cannot go uncontested except at the will of the Community at large.
When the Society grants the privilege of private ownership of any part of the Commons in the attempt to achieve efficient productivity or reward it, the holder of the privilege owes a share back to the Community of the personal gain he makes from holding title. It is this tax that comes from a share of private gain that belong to the whole Community. It is ethically due in exchange for no one contesting the power of Community to grant the privilege of private individual use of that which belongs to all.
It is this tax that provides the means for an efficient distribution of basic food, shelter, medical care and skill training, all of which are essential to life. The distribution should be to every citizen without regard to social status or wealth. Every individual gets it, be he Prince or pauper. In an abundant Society that needs only limited
labor, a persons labor that is not need should have no moral bearing on his right to receive the benefit of the
common-share.
Labor that is needed should be rewarded with a greater share of what is being produced. It could be and would be given to those who make the free choice of contributing his labor. It could be and would be done in the capitalist free market economic system.
The system of distribution could be done through the same Social Security System that is already in place to distribute the money for the life essentials of retires. Retirement benefits would simply be added to the basic life benefits when one reaches the age of retirement from one's freely chosen paid for labor contributions to society. That is the best way for all to start at the same line to both compete and cooperate in building our shared Community of Living
. Copyright © William Hodge 2012
Tuesday, July 24, 2012
The Engine that burns water
When I was a boy, I remember being told that someone had invented an engine that would run on water. The story was that the oil companies had bought up the patent and was keeping it a secret so that they could make profit on selling gas.
I knew this was untrue because engines depended on combustion and water is already burned hydrogen + oxygen [H2O]. Then I figured out that the engine burned hydrogen and the product was water. The oil companies did not need to hide the water engine. It was cheaper to make gasoline than hydrogen.
I tell you this story because it is a Bankers tale. They want you to believe that the economic engine will not run without their fuel [money]. They want you to pay them profit for their fuel. Money is not a thing. It is a process. Money is the bringing together of Hydrogen [Labor] and oxygen [raw material] in the engine [economy] and producing a product [good & service]. Money is nothing more than ignition.
Then when the product is made by those who run the productive capacity machine, it then serves as the gatekeeper for the transfer of those Goods & Service. The Consumer of the product uses money to have the ownership of the product transferred to him. That money is then held in a bank account to be used at a later time by the producer of Goods & Service to produce more product. Money is not a real thing. It is a contractual agreement for the transfer of goods & service over time. The sovereign power of the Government enforces the power of money to create and trade those things we use or own.
Bankers are just record keepers. They are the score-keepers of the game and have no right to be paid like a player. In a Sovereign Nation with a Sovereign fiat currency, it is the Nation that owns the spark plug. It is the Nation that ignites the economic engine. There is a reason that interest has been viewed as morally wrong. Interest is a way of stealing using the Government gun.
Friday, June 22, 2012
Debt Limits are Illegal
Fourteenth Amendment to the United States Constitution
SECTION 4.
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.
When the Congress passes spending bills it not only authorizes the spending but the borrowing of money to accomplish the necessary spending if necessary. For the President not to spend the money as Congress has demanded by law is to fail to uphold his oath of office.
If Congress then passes a law limiting spending with a Debt limit, it has passed a law that will not meet the muster of Constitutionality. If Congress does not raise the limit or pass a new law that removes the original requirement to spend, the President is required by Law to create enough funding to meet the law. The Debt limit becomes null & void.
Thursday, June 21, 2012
Government moves the Economy
There are two kinds of needs. One involves individual consumption and business productive capacity. These needs are met out of earnings and borrowing. They will inevitable create a bubble if they exceed the capacity to repay what is borrowed.
The other kind of need is Community. That includes infrastructure and general welfare expenditures among others. If these needs are met by interest bearing debt the result will also be the creation a bubble when the interest on the debt is an excessive component of public spending.
The difference between Government and the private component of the economy is the a Sovereign Government with a Sovereign currency has the legal capacity to set the interest it pays on its debt at zero if Congress wishes to do so. The private sector and non-sovereign States cannot do this.
The Federal Reserve System has shown this to be true under the Quantitative Easing programs that it has used in this Great Recession. Similar methods were used during World War II to finance the greatest debt to GDP ratio in the History of the Nation.
This method does not become problematic until there is a shortage of Labor or productive capacity or input material. Government first needs to maintain a safety net floor to prevent extreme poverty and spend on protecting the Nation It then must build a modern infrastructure and education system limited only by the capacity to provide the labor, production capacity and available raw materials. There is no limit on the interest free money it can create.
Monday, June 4, 2012
Growing Money for everything
Furnishing food for everyone in the world is already technologically possible. It would only take a small % of the available labor to accomplish that. The problem is distribution. If the goal of the distributors is to maximize profit, then many people will be left by the wayside.
A great many people don't have money to buy on the market. They can't get money by working if there is no work available. They can't create local growing with their personal labor without the money to sustain their labor to harvest. So the problem is having money to create local distribution of both food and labor.
So the solution is two fold. The first involves growing money. Every Sovereign Nation has the power to create money, and bypass International Debt. Every Nation has the power to create an effective tax system that will make their money valuable to pay taxes. A Sovereign Nation can create a low or no-interest loan program with Government grown money to create local production of the essentials of life.
The second step is to use the home grown money to build home grown infrastructure and local distribution systems, not only for food but for clothes and shelter and teaching basic skills.
The biggest fault in the modern world is the belief that money only comes from Banks and must cost interest that the poor person cannot pay even if the banker were willing to loan. The truth is that money is the right of Sovereign nations to create for themselves and distribute that money virtually free of charge into projects that create independence of the people to sustain themselves without being wage-slaves to the Corporate Masters of the World.
Of course none of this is new. It is in fact becoming a world movement of DIY greening of a sustainable world. It is difficult in many places because the only money resource is charity and that is simply a very limited supply of change.
The key comes with the understanding that there is always enough money available to the Nation that understand that it is the creator of its own currency. It does not have to sell out its people to the Money-Changers of the World. If we learn that money without interest is an act of legal will, we will also learn that it is the hammer that breaks the chain of greed. There will be enough money to pay for the food.
Wednesday, May 30, 2012
The Human Community
Quotation by Tom Paine:
"When shall it be said in any
country of the world, my poor are
happy; neither ignorance or distress
is to be found among them; my jails
are empty of prisoners, my streets
of beggars; the aged are not in
want, the taxes are not
oppressive...when these things can
be said, then may that country
boast of its constitution and
government."
~ Thomas Paine
Friday, May 18, 2012
MONEY POWER
Democracy will rise superior to the money power.
Posted on May 18, 2012
“Money is the creature of law, and the creation of the original issue of money should be maintained asthe exclusive monopoly of national government. Money possesses no value to the state other than that given to it by circulation. Capital has its proper place and is entitled to every protection. The wages of men should be recognized in the structure of and in the social order as more important than the wages of money [interest]. ……………….
No duty is more imperative for the government than the duty it owes the people to furnish them with a sound and uniform currency, and of regulating the circulation of the medium of exchange so that labour will be protected from a vicious currency [private bank-created, interest-bearing debt], and commerce will be facilitated by cheap and safe exchanges…………..
The available supply of gold and silver being wholly inadequate to permit the issuance of coins of intrinsic value or paper currency convertible into coin in the volume required to serve the needs of the People, some other basis for the issue of currency must be developed, and some means other than that of convertibility into coin must be developed to prevent undue fluctuation in the value of paper currency or any other substitute for money of intrinsic value that may come into use……………..
The monetary needs of increasing numbers of people advancing towards higher standards of living can and should be met by the government. Such needs can be met by the issue of national currency and credit through the operation of a national banking system. The circulation of a medium of exchange issued and backed by the government can be properly regulated and redundancy of issue avoided by withdrawing from circulation such amounts as may be necessary by taxation, re-deposit and otherwise. Government has the power to regulate the currency and credit of the nation………………..
Government should stand behind its currency and credit and the bank deposits of the nation. No individual should suffer a loss of money through depreciation or inflated currency or Bank bankruptcy………………
Government, possessing the power to create and issue currency and credit as money and enjoying the right to withdraw both currency and credit from circulation by taxation and otherwise, need not andshould not borrow capital at interest [from the private banking system or their affiliates] as a means of financing government work and public enterprise. The government should create issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity……………………
By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts, and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power.” [1]
Wednesday, May 2, 2012
Purpose in Government
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| United States of America |
We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.
When the newly free Colonies called for a convention that ended up writing a Constitution for a new Government, we alread had a Government. It operated under the Articles of Confederation. Why did we decide we need a new Government.
It's simple. The first try was not working. The Colonies were acting like 13 Nations and were constantly fighting. We had just created a new Europe. And most of the countries of old Europe were stronger than us. We need to work together or end up as colonies again. We needed to "form a more perfect union.".
We need to be sure that everyone was treating everyone else with fairness. We need to be sure that people and the laws of one state were treated with respect in each of the other states. We needed to "establish justice".
We needed to be sure special interest groups did not take up violence against others with whom they had disagreements. We need to be sure that there was no armed resistance to law and order. We needed "insure domestic tranquility".
We also were in danger from outsiders who wanted to use our land for their purposes. We need to be aware of danger from the outside. We needed to "provide for the common defense".
We need to try to see that our citizens did not starve, or go homeless or suffer unduly in sickness or be unnecessarily ignorant. After all, in a democratic society the government is the institution of the people. We needed to "promote the general welfare".
And lastly we need to have control over our individual lives and we need this freedom of choice to be guaranteed to our descendants. We needed to "secure the blessing of liberty to ourselves and our posterity.
So this Convention proposed, voted on and wrote down the ways they thought we could best make these things happen. They call it the Constitution. After the appropriate number of free colonies voted to accept this document as our governing covenant the people had agreed to "ordain and establish this Constitution for the United States of America.
It has take more than 200 years and a bloody Civil War and a lot of other bloodshed to make us the Greatest Nation on Earth. There is a lot more to do to make it "Perfect" As long as the People make sure that it is their Government and working for their interest we still have a chance to secure the blessings of Liberty to our posterity. In the words of Abraham Lincoln it is up to us to make sure "that government of the people, by the people, for the people, shall not perish from the earth."
Copyright © William Hodge 2012
Tuesday, April 3, 2012
You can't touch your Money
....................................My daughter Glenda..................................
..........................My son Paul and my Grandson Ryan....................
Money does not exist as a thing. It is only an entry in a Bank account. If you have a Bank account that credits you with $100 and you ask them to give it to you, they can't. There is no real thing that is money.
Instead They will give you a Federal Reserve Note and erase $100 from your account That means that now the Federal Reserve Bank owes you $100. The Note says that the Treasury of the United States has ordered that this Note
[Reserve Bank Debt|] can be used as Legal Tender to pay "for all Debts, public and private.
You then go to Big Box Market and buy some stuff. The Big Box Market says you owe them a $100. Since you don't have $100 you give Big Box Market the Federal Reserve Note. Now the Federal Reserve Bank owes the Big Box Market $100 Big Box Market takes the Federal Reserve Note to the Bank and the Bank puts it in their vault and credits the account of the Big Box Store with $100 in money.
The reason these notes exist is because their are people who do not want to move their money from their account to another by electronic transfer or by writing a person check that orders the Bank to do this. In stead they want to use a Universal IOU and that is what a Federal Reserve Note is.
The Banks buy them from the Federal Reserve Banks who bought them from the Treasury who printed them , just as Treasury make coins and sell them to the Federal Reserve Bank. The Fed pays face value for the Coins and the Government earns a profit. The Federal Reserve only pays cost of printing for the Notes and the Fed Banks make a profit when they sell them to Corporate Banks. The Corporate Banks use them as a service to customers.. It represents only a tiny fraction of the money that is written into the Banks Accounts.
The final question must be, why do people use them if the Banks can never give them Money. Remember, money does not exist as a thing. The reason is that Government has the constitutional right to create money. It also has the right to charge you taxes. If you owe the Government $100 in taxes, you cannot pay it with labor or chickens or corn or gold. You can only pay it with money.
If you refuse to pay your taxes you will go to prison. If you don't want to go to prison you had better trade your labor or chickens or corn or gold for money. Only money has any value when you owe the government a tax debt. Now you know why all money is just a way to pay debt. Money = Debt
This was first written as a Note in my Facebook community page
Pax Village Voice
http://www.facebook.com/pages/Pax-Village-Voice/15299
8464720656?ref=mf
Copyright © William Hodge 2012
Friday, March 30, 2012
Simple machines can build a Village
Our World does not have to be complex. We cannot live without machines, but they do not have to dominate our lives. We can make them serve our needs to live a simpler but a more permanently productive life. Machines can multiply our efforts without mastering our lives. Machines can help us build a Village.
The Village can nurture our sense of each other and the knowledge that we do not live alone. It will not replace the global world but it will give those who wish it the power to live with the world without being a slave in the world. It takes the Village to make a human community.
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