Tom Greco  @  ChelseaGreen

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States Beginning to Assert Their Money Power

January 17th, 2011 by Tom Greco

Bills have recently been introduced in several states to try to address the money problem. In an article that appeared in Financialsense.com, Robert Kientz describes actions that are occurring in several states. It is unclear how much support the various bills might have, or what their chances of passage might be, but Kientz [...]

The Rise (and Fall) of the Global Elite

January 13th, 2011 by Tom Greco

Although it misses some of the fundamental phenomena that are at work in the world today, like resource depletion, environmental pollution, climate change, institutional breakdown, and the shift toward a steady-state, no-growth economy, this article from the Atlantic is worth a quick read (The Rise of the New Global Elite).
It highlights [...]

States face serious budget challenges; no help from federal government

January 12th, 2011 by Tom Greco

In a speech delivered in Phoenix last Friday, David Stockman, budget chief under President Ronald Reagan, painted a gloomy picture for the economy.  According to the Arizona Republic, “Stockman told the assembled legislators, business and civic officials and others that the nation’s Capitol will offer no help and probably will [...]

Ron Paul calls for competition in currency, attacks central bank’s “independence” as “unaccountability.”

January 11th, 2011 by Tom Greco

Toward Sensible Monetary Policy
By U.S. Rep. Ron Paul
Monday,January 10, 2011
http://paul.house.gov/index.php?option=com_content&view=article&id=1816:…
Last week the 112th Congress was sworn in. I am pleased that I will be chairing the Monetary Policy Subcommittee of the Financial Services Committee, which has oversight of the Federal Reserve. Obviously, this position will facilitate my efforts to ensure that the [...]

The Horror in Tucson

January 10th, 2011 by Tom Greco

I was shocked and dismayed to learn of the assassination attempt on Congresswoman Gabrielle Giffords and the killing of several bystanders in my home district of Tucson, Arizona. I express my heartfelt condolences to all those whose lives have been thrown into turmoil by this heinous crime.
I think it is clear [...]

"Real Money" features Malaysia Conference Presentation

January 7th, 2011 by Tom Greco

Real Money: Money and Payment Systems from an Islamic Perspective is a new anthology from the IIUM Press, Malaysia. Edited by Professor Ahamed Kameel Mydin Meera of the International Islamic University Malaysia (IIUM), this book contains contributions from several authors including yours truly. My chapter titled, The End of Money and the [...]

At last, central banking and legal tender are once again subject to real political debate and public scrutiny

December 22nd, 2010 by Tom Greco

In what seems to me to have been an unlikely turn of events, Congressman Ron Paul of Texas has been appointed to chair the House Subcommittee for Monetary Policy in the new Congress. In one sense this seems like very good news, on the other hand, it raises some serious questions [...]

The aim of Wikileaks, and Julian Assange’s strategy

December 20th, 2010 by Tom Greco

There’s been a lot of speculation of late about Wikileaks and its central figure, Julian Assange. I’ve even seen some articles that suggest that Wikileaks is not intending to provide greater transparency in government or to create a new paradigm in politics, but is in fact a false flag operation set [...]

Plunder beyond belief, FED reluctantly shows the smoking gun.

December 13th, 2010 by Tom Greco

I have for decades been trying to explain the parasitic nature of the global financial regime and the political order that has become subservient to it. Now, the evidence has become so overwhelmingly obvious that even the most dubious and somnambulistic amongst us cannot ignore its meaning.
On December 5 I posted an item that included Senator [...]

Class war in America: Senator Bernie Sanders tells it as it is.

December 7th, 2010 by Tom Greco

This is a video that every American must watch. In his amazing and courageous speech on the floor of the US Senate, Vermont senator Bernie Sanders plainly describes the war that is being waged against the middle class by the super-wealthy elite.
And while you’re at it, read his revelation about who got the bailout money: [...]