A Silver Lining in the Rioting?

By Scott Keller, founder of End the Debt, Inc.

HOUSTON, TX — Rev. Martin Luther King Jr. in March 1968, weeks before he was assassinated, said, “it is not enough for me to stand before you tonight and condemn riots. It would be morally irresponsible for me to do that without, at the same time, condemning the contingent, intolerable conditions that exist in our society. These conditions are the things that cause individuals to feel that they have no other alternative than to engage in violent rebellions to get attention. And I must say tonight that a riot is the language of the unheard.”

I would add, “and the oppressed,” for as I look around the nation at the cities and towns struggling, at the people without homes, without work, without real hope though it was promised, I see tremendous potential being thrown out the window. The Baltimore riots are just the latest symptom of a problem that if left to fester will only produce more of the same.

But could, in all of the chaos and pain and destruction, with the help of MLK’s insightful words, be an answer?  A silver lining?  The key to solving it all?

The way I see it, we have two basic choices (and a variety of flavors of those choices). Those two choices are to try to deal with the symptoms or deal with the roots of the problem. We can, as has been the case so far, face violence with more force. Those in charge can continue to essentially ignore, whether by choice or by lack of awareness of anything else they CAN do, the pleas and cries of those who have been dis-empowered for decades. Or they can turn down a new path and empower these people with seldom used tools that are and have been available for centuries which can GIVE them back their voice, along with control of their own futures and destinies!

This round of violence in Baltimore will be quelled I’m sure, and there may be a period following that seems peaceful. But we know that the problems still exist and are not being addressed. The killing of Freddie Gray, while tragic and senseless and confounding, was and is just a catalyst for a fire that was already burning and will continue to burn until the root cause of it is resolved.

The people of these poor communities, especially those of color, are grasping at straws, desperate for an escape route from their hell-like lifestyles and they are now lashing out at any target they think they can identify. The American Dream has long since vanished for most of them. Poor education, poor economic factors, poor outlook, poor role models added to poor influences from TV, radio, music, and their so-called “leaders” create no other possible outcome than desperation and hopelessness and a feeling of not being heard.

But there ARE answers. There ARE paths, non federal government paths, to a better future, with the right mindset coupled with the right tools, and the right solidarity and co-operation within the communities and cities around the nation. Education can become phenomenal for them. Daily life can become a delight, full of successes, hope, progress, and a visible destination that’s even better. All of the factors that can be considered as necessary for a happy and fulfilling life can be attained and I know what they are and so do many others. Unfortunately those in charge apparently don’t know or don’t want to admit that they know. I’d like to give these “leaders” the benefit of the doubt, but I can’t rest with assumptions.

These people don’t need government handouts, nor do they need some big corporation to save them. They need economic and social tools that will help them catapult themselves to their fullest potential. They also need to believe in themselves.

What kinds of tools could help them? A local currency, run by the local government can help tremendously. I often refer to Worgl as an example as they accomplished tremendous things there with such an approach. In this day and age we have technology that can make it easier and better, so there’s no excuse to not consider such a thing as an option to empower the people there, locally, to rise up to their fullest potential. Of course I have to plug my mission here at End the Debt which is to return to a usury free, private bank free, sovereign currency which also leads towards a more inclusive an prosperous future for all.

Another tool: co-ops. Local co-ops can accomplish large or small projects from building a new school to establishing a new education system from scratch.

Poor communities are not powerless to peacefully change their situation, but there’s no one stepping up to show them the power they truly have. Here’s a first step. Who will join me?

Journalists Can Change the World, (if they want to)!

Journalists could, if they chose to, turn the entire election cycle on its head by giving focus to an unknown with brilliant ideas instead of celebrities with no ideas.

Imagine front page stories about the new-found diamond in the rough who could end all US conflicts? How the people in this nation would like to be introduced to someone who would be more than the status quo! Imagine TV interviews discussing how unemployment could be ended in 1 year with the Federal Government only providing a coordination role! Imagine ideas for health care, far better than Obamacare, that while reducing taxes could still be free in 2-4 years, easily. Imagine the US being a debt free nation in 6 months to a year and every city and town in America thriving rather than facing bankruptcy!

Instead the reports are all different versions of the same jockying by status quo celebrity politicians who have nothing but name recognition to bring to the table. Sure they’ve won elections, but what else? Everyone knows these people, but no one can list a problem they’ve truly solved. There are no stories about any breakthrough strategies or approaches presented by these star-labeled candidates, but they’re treated as if they’re gold or they’re going to be our saviors.

Stories are out there going into the details of every move, every trip, every speech, every hiccup these candidates make. Meanwhile the not-so-rich-or-even-poor candidate that DOES have the breakthrough strategy, solution, or approach can’t even get his or her message known across town for lack of the money required to gain access to notariety.

We live in a nation of 300 million people but only a few thousand, if that, are asked for their ideas. We wait for candidates wealthy enough to buy their way into a political campaign path, instead of seaking and recruiting and building up the types of candidates we all know we really would like to have.

Journalists around the nation have the power to transform this nation, and catapult this nation back into the beautiful, free, innovative, leader and producer American Dream nation that it once was but why aren’t they? It’s time for these wonderfully creative and insightful and curious people to take their proper role back in this world and show people what’s really happening and what’s really possible.

Come on, Journalists! You can do it!

Politics, Economics, and Anti Status Quo.

HOUSTON, TX – by Scott Keller:

Rand Paul, Hillary Clinton, Jeb Bush and the rest of the field are doing a great job of pointing out the other side’s role in the $18+ trillion national debt, but none of them demonstrates an understanding of what the national debt is and why we have one.

On my website, http://www.endthedebt.org, I show that neither taxes, nor spending are the cause of the debt, nor is the lack of gold backing.

The cause of the national debt, is the cause of every national economic problem and has removed the very sovereignty of the United States of America. The American currency, the US Dollar, otherwise known as the Federal Reserve Note, does not belong to the United States. It is barely even influenced by the United States.

But this is the reason for the shrinking of the middle class. This is the reason for the United States having ANY national debt. And this is the reason why Americans are working harder for less compared to decades gone by.

The cause of the national debt, and thus the key to solving it, is that rather than Congress creating or “coining” the nation’s currency, private banks create it in the form of loans to us. In other words, every dollar in circulation is a dollar of debt plus interest to a private bank.

The government, being “unable” to create the currency and spend it into circulation, then has to instead borrow, (i.e. sell bonds) from the already circulating river of debt called the US money supply, thus creating a 2nd layer of debt. This is simply insanity.

So you see, no matter how much we’re taxed and how low our spending, the national debt will continue, and so will all of our economic problems.

But the answer is simple and we can quickly neutralize and end the entire $18 trillion in less than a year. In fact it can be done with a single vote from national and local policy makers. Return to a sovereign currency. Replace Federal Reserve Note dollars, with United States Note dollars and return the Federal Reserve Notes to the Federal Reserve, thus separating the fate of America from the hands of the private banks and putting it back into the hands of we the people.

Ending the debt happens at the national level, but neutralizing it can happen city by city, town by town, and community by community.

We can quickly neutralize the national debt, and eliminate all local and personal debts by using local economic tools and strategies, such as a city run local supplementary currency which will allow any city or town to bring all debts local, out of the hands of the banks. Once local, the debts can be worked off quickly.

These same tools and strategies can bring, city by city, and town by town, an end to poverty, lack, poor health care, poor education, and late retirement along with solving less obvious issues such as traffic jams.

Even immigration can easily be solved with this duo of sovereign national and local currencies.

Whenever you have opportunity, ask all candidates why any sovereign nation, including the US, would be even $1 in debt and why we’d let the nation’s private banks create the nation’s money supply.

The Debt Debate Track is the Wrong One.

The debt debate has been on the wrong track since the beginning, yet we’re still being led down that track. The deficit debate and the debt debate should not be treated as though they are the same topic for they are not. But the deficit and the debt ARE in some ways a result of the same cause.

The deficit, as it’s currently defined, is the difference between what the government takes in via tax collections and what the government spends.

A problem with that scenario though is that the government shouldn’t be able to or have to borrow to make up the difference, since the government, being of a sovereign nation and having a rulebook called the Constitution that says Congress shall “coin” the money, would only need to create sufficient money to fill in the gap. So the deficit debate is a result of a lack of sovereign currency more so than overspending or undertaxation.

The debt is not caused by the deficit. The spending that contributes to the deficit though also exacerbates the debt.

The debt is caused, as was the deficit essentially, by the lack of sovereign currency. Every dollar in US circulation is a dollar of debt to a private bank, plus interest.  Those banks create the nation’s mostly digital currency.  Since the government has shirked its responsibility to coin the nations money, it has shifted taxes to the role of paying interest on the debt and has shifted to selling bonds (borrowing) to obtain spending money for itself. To make things crazier, that process of selling bonds essentially is a national debt mill. It scoops out a bucket of debt money from the already flowing river of debt called the US money supply or currency, gets the debt from it, and then puts it back into the stream just to repeat the process indefinitely. All currency in the US, other than a few remaining United States Notes and the nation’s coins, is debt to a private bank. Some of that debt is multiple layers deep.

Increasing taxes will NOT end the debt, and won’t even reduce it.  And even if it makes a slight dent, it’ll bounce back bigger than ever since the entire money supply is debt and the nation will demand and need more money of course, especially as population continues to grow and prices continue to soar and the wealthy continue to hold money out of the circulation.

Decreasing spending won’t help much either.

Only by shifting back to a sovereign currency, replacing all debt notes with that sovereign currency, and paying off both the Federal Reserve Bank (give to Caesar what is Caesar’s) and the outstanding bonds/treasuries can we be debt free as a nation. To replace all debt notes with positive US Notes would by definition require fractional reserve lending to be ended and replaced with a Constitutional “new currency” distribution method.

Few, if any, politicians, as you can see, talk about anything that will actually work to reduce or eliminate the debt. But it CAN be done, and done fairly quickly with a coordinated effort among the states and our representatives.

What really makes a nation wealthy?

Is a country’s wealth REALLY determined by what they produce? What is wealth? I don’t want to get too far away from the end the debt focus, but a sub-topic of money is what is the purpose of money, and one of the main purposes of the US dollar is to enable internal trade, not international. How can the nation measure its wealth? By the number of millionaires or billionaires? By how many widgets are sold? Or could it be better measured by things like education level, baseline lifestyle, shorter workdays, actual progress towards some achievable goal like space travel, or something along these lines which can thrive if the means of trade is appropriate? People work 40, 50, 60+ hours per week from the day they’re 21 or sooner to do what? What is truly being accomplished? Most of the big problems of the nation have only gotten worse over the decades – poverty, health, retirement age, division…

We’ve been on and off the gold standard, with little to no difference. What remains unchanged for over a century is who controls (and owns) the currency – a private bank called the Federal Reserve and the public has grown blind to it. Americans even go so far as to protect the system that is driving them into the ground. I did so myself for a time, but then I had reality hit me in the face hard.

Jobs leaving America, and shifting to a service economy are symptoms not of a departure from a gold standard, but of a departure from a sovereign currency, a departure from local economies, a departure from sanity in some ways. And “jobs” are not really what people need – busywork created out of an imposed need to chase the dollar bill rather than real work for the accomplishment of a purpose. Meaningful, purposeful work in balance with education, family life, community involvement, leisure time, etc, is I think better. Jobs are going overseas because of a shift from local businesses to mega-corporations which is being driven by the monetary system and the debt-based, non-sovereign, usury laden money that serves as its blood supply. Automation would be much more welcomed if people didn’t have to scurry around like rats looking for new work when their positions get automated.

We’re capable of far better than the system of systems we have accepted as “the only choice”. And we should not be laying down, accepting a debt that can easily be solved. The root cause of the debt is also the root cause of many other issues. We must eliminate it.


There are Problems, and then there are Causes.

There are problems, and there are causes, and then there are problems that are incorrectly claimed as being a cause. Poorly prioritized and wrongly chosen government spending is a problem. Overgrown government is a problem. Excessive taxation, especially for the wrong reasons, is a problem. The national debt is also a problem and it has root causes. But the root causes we’re given by those in public life – congressmen, newscasters, publicly paraded “experts” or “economists”, and would-be politicians – such as insufficient taxation or excessive spending or anything related to the budget deficit – are problems but are not causes of the national debt.

There are others who come close, saying that government borrowing is the cause, but then don’t seem to understand the difference between government borrowing and the mechanisms by which it borrows, and CONSUMER borrowing. They refer to the fractional reserve system as the source of government debt, but that borrowing is mostly done by consumers and while it does cause a flooding of the economy with debt money, the government gets it by selling bonds to people and entities who have somehow gotten it downstream of the borrowing including other nations who print THEIR money, and exchange it for Federal Reserve Notes.

The root causes of the national debt are two, but really it comes down to one REAL root cause or reason for the debt. That reason or root cause is that the US (as well as most other nations) has essentially no sovereign currency (save for coins and a few remaining US Notes) and has given away its right and responsibility to coin its own, so it is stuck with borrowing what it cannot tax. Taxation, though, is not what it seems either. If we were coining our own money as a nation, taxation would simply be a tool – of regulation and of expanding government projects with public permission. But as it is it is one of two means for the government to get money from the public since it cannot create its own. Taxation under the current system accomplishes no regulation as that is loosely done by the bankers for their own benefit.

The lack of ability (or willingness actually) to create sovereign currency leads to the government borrowing all of its currency. It borrows some directly from the private Federal Reserve Bank to supply the “reserves” and does so by “selling” bonds to them. Then it borrows the rest in an insane bond selling circular game where it re-borrows the same already-circulating currency over and over, where each time it borrows the currency it accumulates another batch of debt.

The national debt can only be eliminated by shifting to a sovereign currency. Give to Caesar what is Caesar’s, and let the people have their Constitutionally mandated sovereign currency coined and regulated only by Congress under the scrutiny and control of the people.

If we do that:
– We can eliminate all government bond sales (borrowing).
– Then we can return all circulating Federal Reserve Notes, replacing them with US Notes (which are bills of credit, not debt notes).
– We can change the distribution system of new currency to remove bankers from the picture and easily eliminate/outlaw fractional reserve lending with no adverse effects.
– We can thus eliminate all forced public usury and stop its negative effects.
– We can allow cities and counties to deal with consumer debt using local economic models.
– We can use the US Notes to buy back existing bonds in appropriate manners.

If we do these things, the US will be finally a debt free nation capable of accomplishing immense goals and all of the people can thrive.

No Taxes. No Spending Cuts. At least not to end the debt.

Tax increases will not end the debt, nor will spending cuts.

The only way to end the debt is to solve it from the roots and the roots of the debt have one main vein – that all money in our system is borrowed, contrary to what the Constitution specifies.  We could cut taxes to near zero and raise spending (appropriately, with better priorities) and still eliminate the majority of debt and prevent all future debt in under 2 years.

Every dollar in circulation is debt now.  The government sells special bonds to the Federal Reserve for Federal Reserve Currency called Federal Reserve Notes.  These notes are owned, controlled, and callable by the Federal Reserve which is a private bank.  We only pretend they are ours.  Once those notes (now referred to as dollars) enter circulation and find their way to the commercial banks they become reserves, get multiplied, and cause the injection of many more Federal Reserve Notes into circulation.  The government then sells bonds to borrow THOSE dollars that are simply multiplied debt notes from the Federal Reserve.  It is not NEW money.   In fact it’s like a monopoly game but every time the government passes go, instead of getting another $200 cash, they get another $200 billion in debt.

No sovereign nation should have to borrow a dime to supply currency to its own economy, but years ago the US turned from its sovereign, debt-free, usury free currency and started borrowing everything.  When there’s a debt ceiling debate, everyone should have a red flag going up in their head with the question “why is this government even $1 in debt, aren’t we a sovereign nation and isn’t Congress supposed to be coining our currency?”

While government spending DOES make a bad situation worse and there ARE a lot of priority problems and common sense problems with the spending, it is not in and of itself the reason for the debt.  The reason for the debt is that we don’t have a sovereign currency and the tangent causes generated because of that are the borrowing of currency from the Fed and the RE-BORROWING of existing currency over and over through bond sales.  That, and we haven’t discussed the over $9 trillion of accumulated debt from the international trade balance which has been negative every year since 1976.

Don’t allow another soul to scam you with the idea that cutting government spending or raising taxes is going to somehow solve the debt.  That’s the course of insanity.  We MUST return to a sovereign, credit/asset based, usury free, debt free, all-citizen controlled currency and end ALL government borrowing as the Constitution makes clear that we should be doing.   One such currency called the United States Note IS still legal tender and could easily and quickly replace all existing Federal Reserve Notes and should.

Scott Keller