When banks such as Silicon Valley with over $200 billion in assets collapse it points out the inherent defect of the entire banking system called fractional reserve banking, the mechanism by which banks inflate the money supply by loaning out money they are supposed to be keeping in reserve for the protection of the depositors. money supply would disappear and the entire economy would come crashing to a halt. In fact, if all the debts, both government and private were to be paid off, the entire U.S. monetary system being nothing but a debt pyramid, of the banks, by the banks, for the banks. Only pseudo opposition is allowed on public airwaves where taboo topics are censored from all of their controlled broadcasts and this includes all presidential debates, which the corporate fascist media also controls.Ī perfect example of media censorship of topics on public airwaves is the U.S. The corporate fascist media essentially guarantees that policies they oppose will never be heard on public airwaves and thus, never become government policy. They really have become the perpetual property of private corporations to serve private corporate interests which includes controlling the government. This is how I view the total control of our public airwaves that are supposed to be licensed to the people to serve the people. Our debt crisis is the government of the corporation, by the corporation, for the corporation to come to bear its fruit.įirst I point out that in 1938, then president Roosevelt with a front row seat to its creation, defined fascism to be control of the government by private interests.
As an independent I view it from a different position. debt default had been averted came the usual media charade of Democrats against Republicans in the battle of the debt. With the corporate media announcement that the U.S. Updated: 3 weeks ago / Posted Jul 11, 2023
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