This week we did something a little unusual, at least for us. Generally, we try to report news consistently, but this past week the news about Federal Reserve Follies was so contradictory that we decided to report the stories as they appeared, even those that contradicted themselves and each other. After all, if the people in charge of the financial system wanted to make sense, they would adopt the Economic Democracy Act:
Friday, December 2, 2022
Wednesday, November 30, 2022
In the previous posting on this subject, we discussed the single most important precondition to returning a currency to a fixed standard, which is returning the reserve currency to full asset backing. This naturally leads into today’s topic, which is what standard is best to use, and when to institute the chosen standard.
Monday, November 28, 2022
For this week’s podcast we came across a video of Drs. Norman G. Kurland and Robert H.A. Ashford discussing the binary economics of Louis Kelso Paula Gloria’s show. Of course, this was before we started talking about the Economic Democracy Act, but that is an application of binary economics, not binary economics itself:
Friday, November 25, 2022
As usual, even though it’s the day after Thanksgiving, the experts and usual suspects are running themselves ragged doing everything they can to keep the economy and other people down instead of taking the just and easy way out and adopting the Economic Democracy Act:
Wednesday, November 23, 2022
The world today is plagued with a virtual tsunami of reserve currencies backed only with government debt and valued in terms of the faith and credit of the issuing government. This creates several problems, any one of which is a disaster waiting to happen:
Monday, November 21, 2022
Here is Part II of a “long-lost” treasure from a few years back. As we noted two weeks ago, it was lost because we didn’t know that the recording of the show was available on YouTube. The subject is, What is the role human beings will have once the machines take our jobs? As a regular listener or reader, you will already know the answer: the Economic Democracy Act:
Friday, November 18, 2022
Believe it or not, there are bright spots appearing on the horizon. One is that the new Biafran government in exile has adopted the Just Third Way of Economic Personalism as its economic program. Another is that a second Catholic newspaper has run a feature article on The Greater Reset, which is written around — you guessed it — the Just Third Way of Economic Personalism. Both of these open up a number of possibilities to get the Just Third Way, especially as embodied in the Economic Democracy Act into the public arena as a topic for discussion:
Wednesday, November 16, 2022
This past Saturday several key people in the Biafran diaspora formed a Government in Exile. This was not a publicity stunt, but a means of helping to bring the ongoing plight of oppressed groups in Nigeria to the attention of the world and to establish the foundations of a more just social order not just for Biafra, but for all people of the world.
Monday, November 14, 2022
On Saturday, November 12, 2022, the CESJ Core Group were the Guests of Honor at the inauguration of the Biafran Government in Exile and the opening of Biafra House. Dr. Norman Kurland, president of CESJ, cut the ribbon and gave the keynote address, and for today’s podcast, we present the official video record of the event:
Friday, November 11, 2022
While it’s tempting to say that the weekly news items exhibit a depressing sameness, we might also say that this is actually encouraging. Why? Because no one has yet implemented the Economic Democracy Act, so we don’t have to come up with any new solutions:
Wednesday, November 9, 2022
On Halloween, the Wall Street Journal reported the frightening news that the government’s money machine, the Federal Reserve, has been losing money. “How is this possible?” you ask in wonder. How can an institution that creates money out of thin air for politicians to spend like drunken sailors on leave be losing money?
Monday, November 7, 2022
Here is Part I of a “long-lost” treasure from a few years back. It was lost because we didn’t know that the recording of the show was available on YouTube, but then, who really knows everything that’s up on YouTube? Anyway, the subject is what is the role human beings will have once the machines take our jobs? If you’re a regular reader or listener, the answer will not surprise you, although we’ve updated the terminology from “the Capital Homestead Act” to the Economic Democracy Act:
Friday, November 4, 2022
Wednesday, November 2, 2022
A few years ago, we published a book about military history. At the request of the publisher, it was written in a “popular” style, that is, in “story” form with very few footnotes, explanatory sidebars instead of appendices, that sort of thing. Some people thought it was a very good book introducing them to obscure but important battles they had never heard of.
Monday, October 31, 2022
This is a somewhat slanted account of the situation, but it gets many of the facts straight. A lot of the terrorist events are overlooked. One of the things not mentioned is the role something like the Economic Democracy Act could play in bringing peace to the region. By the way, the Fulani were notorious for being the worst of the slave raiding African tribes, selling entire nations into slavery, while today appear to be linked to terrorism, including raiding Christian girls schools and kidnapping hundreds of girls:
Friday, October 28, 2022
As the world gets crazier, the news items each week bear a striking similarity, with most people completely oblivious to the possibilities inherent in the Economic Democracy Act would to solve many of the problems:
Wednesday, October 26, 2022
In the previous posting on this subject, we looked at the origins of the term “social justice.” While it has and continues to mean many things, Msgr. Luigi Taparelli gave the first consistent and “scientific” definition of social justice in the 1830s. As he defined it, social justice is a “general virtue,” meaning — strictly speaking — that it is not a true virtue, but a principle guiding the practice of actual, “particular” virtues, such as prudence, fortitude, temperance and, above all, justice among the natural virtues, and faith, hope, and charity among the supernatural virtues.
Monday, October 24, 2022
Today we have an analysis of the International Monetary Fund that a giant recession is coming . . . we don’t use the word “depression” anymore since Lord Keynes abolished it forever, but it’s still the exact same thing, only worse and longer-lasting. If a recession turns out to be longer or deeper than anticipated, the experts quickly change the definition to avoid the d-word. In any event, nobody at the IMG, the World Bank, or5 any of the world’s central banks stop to wonder whether it’s the Keynesian principles that are causing the problem that Keynesian economics is supposed to be solving . . . naw, that’d be too easy to fix by reading The Greater Reset: Reclaiming Personal Sovereignty Under Natural Law, getting busy, and adopting the Economic Democracy Act:
Friday, October 21, 2022
Where some things go from the ridiculous to the sublime, this week the news items generally go from the horrifying to the ludicrous. Not to beat a live horse, but adopting the Economic Democracy Act would go a long way toward making news items like these a thing of the past:
Wednesday, October 19, 2022
A popular meme floating around social media shows actor Mandy Patinkin as Inigo Montoya in The Princess Bride, “You keep using that word. I do not think it means what you think it means.” The problem was bad enough with a single word in a work of fiction. It gets much worse when it is many words in real life.
Friday, October 14, 2022
It is becoming increasingly evident that many of the more serious problems in the world could be solved by adopting the Economic Democracy Act., but it is also increasingly evident that none of them are considering it, seriously or not. As a case in point consider the fact that Russian dictator Putin used up missiles earlier this week with a price tag of upwards of a billion dollars to kill a few civilians at a time when units of the Russian army are struggling for survival and starving for basic supplies, and the economy of the country is tanking. And in other news:
Wednesday, October 12, 2022
No, we’re not saying that war is logical, per se, but that within its own frame of reference there are certain things that make sense, but also a lot that doesn’t. Much of modern “Currency Principle” economics is like that, where some of it makes sense within its own framework, but a lot that doesn’t, especially if you’re talking Keynesian economics.
Monday, October 10, 2022
This is the second part of the podcast that we put up last week . . . and it doesn’t actually feature Aquinas, either. Anyway, this is the second part of a discussion on what Aquinas meant by “virtue,” which you don’t have to accept, but it might get you to think a bit, and prepare you to read the book by Dawn K. Brohawn, CESJ’s Director of Communications, and Michael D. Greaney, CESJ’s Director of Research, The Greater Reset: Reclaiming Personal Sovereignty Under Natural Law: