http://www.youtube.com/watch?v=Icqrx0OimSs
James Stewart exudes a passionate personality who focuses on what really should matter in our in our modern day serfdom.

A single computer today replaces at least 5 workers on a type writer and office organisation,yet today we need 2 parents working long hours just to service the mortage and pay taxes for Govt inefficiencies.Where is the progress in living standards?

Kevin Rudd has borrowed $300 billion from the Chinese Govt to pay for stimulus packages.We are borrowing from the Chinese to buy their goods to stimulate our consumerism.It is a lose ,lose scenario for us.
We now have inflation and increasing interest rates ceated by borrowed money.

It would have been better that the RBA created this $300 billion and adjusted the interest rates accordingly to control inflation.

Money only represents human potential and it is about time we invested in this precious commodity.The inflation and deflation of the monetary supply by the banksters,destroys the continuity for small and medium businesses to plan for real productivity.

Our international Reserve banks have the entire planet in debt slavery.How can there be unemployement when so much needs to be done?The answer is debt.Why borrow from those who create money from nothing?It is time for those who really produce to make our presence felt.

It is not just a matter of changing your bank,but having the courage to stand up to this corporate facism that is manifested in our complicit Govts.

Arjay,

IMO you got it almost right except our reserve banks are national not international.

Otherwise you have put it correctly money to day is notional. Our entire economics is base on 'the magic pudding principal of eternal growth.
To finance this growth governments borrow. That's fine if their borrowing don't exceed their incomings as is the case with wars.
It is interesting to note that the value of say thousand US $ remained the same untill the civil war at which time the government thus introducing inflation and with every subsequent war the inflation grew.

Money is broadly speaking representative of productivity/labour therefore debt is future p/l.
National debts aside it is conservatively estimated that the debt amassed as a consequence of the GFC is several time more than the world's total GDP. Add to that the national debts and consumer borrowings it's easy to see how we've hocked our children's children's future for what? wars and consumerism. Sooner or later the debt bubble will bust.

BTW This doesn't include natural disasters or AGW. We are not necessarily doomed rather we need a more sustainable system.
No Col that doesn't mean Socialism, communism or Collectivism either.

Examinator the US Fed is made up of 12 banks who are directlty connected to the Eurpoean Banks eg the Rothschilds.Their connections are vast.