This week’s news items illustrate to a greater than ever before need for the Economic Democracy Act. It’s becoming increasingly evident that the people who have seized control of the global economy have no real idea what they’re doing or how to fix it. Still, we continue to let you know what’s going on:
• Putin’s Revenge?. Is Putin really the one responsible for “destroying” the American economy? . . . or is there something else going on, like a government printing and spending money like a drunken sailor on leave and stifling production by messing with the currency? We would put our money — what’s left of it — on the latter, not the former. If we want to end staglation — or any other kind of flation — the only real answer is the Economic Democracy Act.
• Paying for Putin’s War. While Putin may be having his “revenge” on the west by kicking off a recession, he is only doing it at an incredibly high cost in the lives, fortunes, and everything else of his own country. Russia, in fact, is facing the worst economic downturn since the fall of the Soviet Union, and all to gratify Putin’s twisted need for . . . something, nobody knows exactly what. Of course, all this would be completely moot if Russians would have stayed home where they belong and instituted the Economic Democracy Act, but that might be asking a little much of a country that would let a crazed dictator take charge.
• New Marshall Plan for Ukraine? Why not a better than Marshall Plan for Ukraine? In a show of solidarity against aggression (of which they have first-hand knowledge), Taiwan is offering a new “Marshall Plan” to help rebuild parts of Ukraine. This is laudable in the extreme, and shows China that Taiwan doesn’t give in to bullies anywhere, but it would be much better to do the same thing a little differently, i.e., with the Economic Democracy Act. There is no need to allocate scarce financial resources, as under the EDA the financing for any feasible project is not an issue, as money is created as needed, when needed, without any guesses.
• Putin is “Winning” the “Currency War”. In another one of those Russian “victories” that means absolutely nothing in the long run, Putin’s policies have made the Ruble a “winner” on the world currency exchanges for being the best gambling bet. Of course, if you look at it in terms of what a currency is supposed to be doing, i.e., facilitating transactions, then the Ruble is a loser, as the Russian economy is tanking . . . but so what? As long as the currency is strong, right? Of course, if you want a currency that actually means something and does the job for which a currency was intended, you might want to implement the Economic Democracy Act and have the economy run for the benefit of everyone instead of just the dictator in charge.
• Catching On To Crypto. According to the head of the Philippine central bank, the whole crypto currency craze is nothing more than a giant scam, an application of the “greater fool” theory, i.e., you buy something worthless in the hope that somebody even dumber will come along and give you more for it. Now, if you wanted something that isn’t a scam, you might want to look at the Economic Democracy Act, and you don’t even have to go to the Philippines to do it.
• News On the Fusion Front. We don’t say we understand this article, but if we got the gist of it, there may have been another breakthrough on the fusion power front. We hope so, as it would be a great addition to the Economic Democracy Act.
• Russia’s Default Dalliance. Putin’s latest move to avoid defaulting on Russia’s sovereign debt is to play a shell game with other countries’ sovereign debt, and hope nobody notices.
• A New Global Reserve Currency? In yet another attempt to poke the United States in the eye, Russia, China, and their stooges are trying to establish a new global reserve currency. The problem, of course, is that, not understanding the nature of money, credit, banking, or a number of other things, such as private property, the new project is doomed to failure the moment any country in the world goes with the Economic Democracy Act and the monetary and tax reforms embodied in it.
• The Greater Reset. CESJ’s new book by members of CESJ’s core group, The Greater Reset: Reclaiming Personal Sovereignty Under Natural Law is, of course, available from the publisher, TAN Books, an imprint of Saint Benedict Press, and has already gotten a top review on that website. It can also be obtained from Barnes and Noble, as well as Amazon, or by special order from your local “bricks and mortar” bookstore. The Greater Reset is the only book of which we’re aware on “the Great Reset” that presents an alternative instead of simply warning of the dangers inherent in a proposal that is contrary to natural law. It describes reality, rather than a Keynesian fantasy world. Please note that The Greater Reset is NOT a CESJ publication as such, and enquiries about quantity discounts and wholesale orders for resale must be sent to the publisher, Saint Benedict Press, NOT to CESJ.
• Help Joe Walk Again for Economic Justice. Just a reminder, if you haven’t already done so, to visit the GoFundMe campaign and consider making a contribution and spreading word out among your social media networks. It’s off to a good start, but it’s still just a start.
• Hortense and Her Whos. In case you’ve been wondering how you might advance the Just Third Way by introducing it to legislators at any and all levels of government, we’ve made it easy for you, with the “Hortense Hears Three Whos“ initiative. Visit the explanatory website, and consider downloading the postcard to send to people in government. Don’t worry if you think they won’t be open to it, as the postcard is intended to get them to open their eyes.
• Economic Personalism Landing Page. A landing page for CESJ’s latest publication, Economic Personalism: Property, Power and Justice for Every Person, has been created and can be accessed by clicking on this link. Everyone is encouraged to visit the page and send the link out to their networks.
• Economic Personalism. When you purchase a copy of Economic Personalism: Property, Power and Justice for Every Person, be sure you post a review after you’ve read it. It is available on both Amazon and Barnes and Noble at the cover price of $10 per copy. You can also download the free copy in .pdf available from the CESJ website. If you’d like to order in bulk (i.e., ten or more copies) at the wholesale price, send an email to publications@cesj.org for details. CESJ members get a $2 rebate per copy on submission of proof of purchase. Wholesale case lots of 52 copies are available at $350, plus shipping (whole case lots ONLY). Prices are in U.S. dollars.
• Sensus Fidelium Videos, Update. CESJ’s series of videos for Sensus Fidelium are doing very well, with over 155,000 total views. The latest Sensus Fidelium video is “The Five Levers of Change.” The video is part of the series on the book, Economic Personalism. The latest completed series on “the Great Reset” can be found on the “Playlist” for the series. The previous series of sixteen videos on socialism is available by clicking on the link: “Socialism, Modernism, and the New Age,” along with some book reviews and other selected topics. For “interfaith” presentations to a Catholic audience they’ve proved to be popular, edging up to 150,000 views to date. They aren’t really “Just Third Way videos,” but they do incorporate a Just Third Way perspective. You can access the playlist for the entire series. The point of the videos is to explain how socialism and socialist assumptions got such a stranglehold on the understanding of the role of the State and thus the interpretation of Catholic social teaching, and even the way non-Catholics and even non-Christians understand the roles of Church, State, and Family, and the human persons place in society.
• Shop online and support CESJ’s work! Did you know that by making your purchases through the Amazon Smile program, Amazon will make a contribution to CESJ? Here’s how: First, go to https://smile.amazon.com/. Next, sign in to your Amazon account. (If you don’t have an account with Amazon, you can create one by clicking on the tiny little link below the “Sign in using our secure server” button.) Once you have signed into your account, you need to select CESJ as your charity — and you have to be careful to do it exactly this way: in the space provided for “Or select your own charitable organization” type “Center for Economic and Social Justice Arlington.” If you type anything else, you will either get no results or more than you want to sift through. Once you’ve typed (or copied and pasted) “Center for Economic and Social Justice Arlington” into the space provided, hit “Select” — and you will be taken to the Amazon shopping site, all ready to go.
• Blog Readership. We have had visitors from 101 different countries and 37 states, provinces, and territories in the United States and Canada to this blog over the past week. Most visitors are from the United States, Japan, India, China, and Bangladesh. The most popular postings this past week in descending order were “News from the Network, Vol. 15, No. 22,” “Activism v. Leadership,” “JTW Podcast: running Against the Wind,” “Ukraine and the Types of Banks,” and “Fulton Sheen and the Idea of Ideas.”
Those are the happenings for this week, at least those that we know about. If you have an accomplishment that you think should be listed, send us a note about it at mgreaney [at] cesj [dot] org, and well see that it gets into the next “issue.” Due to imprudent language on the part of some commentators, we removed temptation and disabled comments.
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