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Money-Creation As the Foundation for a Just Society

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California Doesn't Need to Borrow Billions from Washington -- It Can Create Its Own Money

By Ellen Brown, AlterNet. Posted May 27, 2009.

Gov. Schwarzenegger thinks CA can only get credit from DC, but there's another way of doing it that the prosperous state of North Dakota figured out.

"I understand that these cuts are very painful and they affect real lives. This is the harsh reality and the reality that we face. Sacramento is not Washington -- we cannot print our own money. We can only spend what we have."

- Governor Arnold Schwarzenegger quoted in Time, May 22, 2009

Christmas comes early, Governor. You can print your own money. Fiscally solvent North Dakota is doing it...and so can California. Now!.....more

 

TRUE Government

The ten steps or stages to the evolution of a true democracy.

1. Freedom of the Person

Slavery, serfdom, and all forms of human bondage must disappear.

 

2. Freedom of the Mind

Unless a free people are educated -- taught to think intelligently and plan wisely -- freedom usually does more harm than good.

 

3. The reign of law

Liberty can be enjoyed only when the will and whims of human rulers are replaced by legislative enactments in accordance with accepted fundamental law.

 

4. Freedom of speech

Representative government is unthinkable without freedom of all forms of expression for human aspirations and opinions.

 

5. Security of property.

No government can long endure if it fails to provide for the right to enjoy personal property in some form. Man craves the right to use, control, bestow, sell, lease, and bequeath his personal property.

 

6. The right of petition.

Representative government assumes the right of citizens to be heard. The privilege of petition is inherent in free citizenship.

 

7. The right to rule.

It is not enough to be heard; the power of petition must progress to the actual management of the government.

 

8. Universal suffrage.

Representative government presupposes an intelligent, efficient, and universal electorate. The character of such a government will ever be determined by the character and caliber of those who compose it. As civilization progresses, suffrage, while remaining universal for both sexes, will be effectively modified, regrouped, and otherwise differentiated.

 

9. Control of public servants.

No civil government will be serviceable and effective unless the citizenry possess and use wise techniques of guiding and controlling officeholders and public servants.

 

10. Intelligent and trained representation.

The survival of democracy is dependent on successful representative government; and that is conditioned upon the practice of electing to public offices only those individuals who are technically trained, intellectually competent, socially loyal, and morally fit. Only by such provisions can government of the people, by the people, and for the people be preserved.