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[Jan. 31st, 2013|11:25 am] |
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Comments: |
Yeah, I don't want to say the EU is all bad. However, I think policy is being manipulated to be in the interests of banks/bondholders - this together with central bank largesse to the private bank sector just results in free money for the few to speculate at workers'/savers' expense.
I would love to see a banking system that could only lend money that they actually have to lend in the first place. I would also love to see sovereign states free to release and regulate debt free money into the system, rather than rely on a parasite class to buy up treasury paper - a fantasy, I know, but one that stands a chance out of a federal state run for the interests of that parasite class.
Your vision is grand. But if i get your drift, are you saying that it would be easier to implement such changes in smaller and sovereign country rather than big and / or federal?
If so then that might not be true. Looking at human rights – big advances in human / worker's rights have happened in big countries (USA – Virginia Declaration, France - Declaration of the Rights of Man and Citizen, Britan - Bill of Rights: just off the top of my head). I'm guessing there's a need for a critical mass to reach a tipping point.
Then again, one's always free to rewrite the history.
possibly - actually the critical mass point is well taken. However, I think the main thing is that in a large federal state such as the EU, change will come from the top down (you can be pro EU, but still be aware of the democratic 'deficit' there), and I don't see any top-down measure changing the existing priviliged position of the currency-creating class. | |