All posts tagged: monetary system

Making the World Safe for Banksters: Syria in the Cross-hairs

Originally posted on WEB OF DEBT BLOG:
“The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.”  —Prof. Caroll Quigley, Georgetown University, Tragedy and Hope (1966) Iraq and Libya have been taken out, and Iran has been heavily boycotted. Syria is now in the cross-hairs. Why? Here is one overlooked scenario.  In an August 2013 article titled “Larry Summers and the Secret ‘End-game’ Memo,” Greg Palast posted evidence of a secret late-1990s plan devised by Wall Street and U.S. Treasury officials to open banking to the lucrative derivatives business. To pull this off required the relaxation of banking regulations not just in the US but globally. The vehicle to be used was the Financial Services Agreement of the World Trade Organization. The “end-game” would require not just coercing support among WTO members but taking down those countries refusing to join. Some key countries remained holdouts from the…

10 Steps to a Sustainable Life: Step 4 (Value experiences over material things)

If I could sum up my master’s degree in sustainability in one word it would be “value”. The value of something is subjective and it means the importance we ascribe physical objects, experiences and even metaphysical undertakings such as learning and spirituality. For instance, I value my family more than anything, certainly more than to put a monetary value on it. I am sure you feel the same way about yours and the people in your life. But you don’t value my family as much as you do yours, and vice versa, so the concept of value is intangible and difficult to translate into a meaningful common reality. So we invented money to make it less confusing. The only problem is we took it too far and today anything can be ascribed a monetary value, including our ecosystem and life itself. When the monetary system was invented as we know it today we forgot to put a value on nature because at the time nature – air, water, soil, plants, forests and other natural resources …