This Is The Real Revolution

This is how you create a revolution.

You dont demonstrate / riot / attack the state or its corporate masters.

Thats what the state wants you to do.

This is how you bring down the bankers - you take your money out of the banks and put it into Credit Union.

I began this campaign on Twitter at the start of the Occupy Wall Street protests and gave the idea to Max Keiser on Twitter.

Good to see the plan is working.




http://www.msnbc.msn.com/id/45176720/ns/local_news-los_angeles_ca



The big banks are keeping mum about whether customers are switching to non-profit credit unions this weekend as part of the Facebook-propelled "Bank Transfer Day" protest.

In Los Angeles, organizers predicted that thousands would move their accounts from the big commercial banks, but it was unclear how many actually did.

Doug Allen moved the bulk of his and his wife's savings to Partners Credit Union in Burbank, which has added some 600 new accounts recently and took the unusual step of opening its doors on a Saturday.

"I've meaning to do it for awhile, so when I saw this event today, I thought, 'That's the perfect reason to finally do it,'" Allen said.

An estimated 650,000 consumers have transferred $4.5 billion from banks to credit unions since the end of September.

Colleen Haggerty, a spokeswoman for Bank of America's Southern California operations, said the giant institution had no comment.

But she said that the bank has to publicly disclose its deposits every three months to comply with regulations governing financial institutions and publicly traded companies.

That means the information will be broadly available at that time, though it might not be possible to check whether deposits dropped on a particular day.

She said the bank, under fire for a now-abandoned plan to charge customers $5 per month for ATM privileges, was still "great" for customers.

"Bank of America continues to be a great place for customers to manage their everyday finances and achieve their savings goals," Haggerty said in an email. "We offer customers more choice and convenience, including industry-leading fraud protection, access to thousands of banking centers and ATMs, and the best online and mobile banking, which allow customers to bank on their terms 24/7."

Gold Backed Local Currency Networks

I deserve a Nobel Prize for this idea.

Gold backed local currencies.

I have created a whole new economic system that can solve the present problems of the global economic system.

At the moment those with capital in our nations have no choice but to place their capital, such as wages, in High Street banks who operate and invest capital in the global market. The individual places their capital in the bank, and then under the rules of Fractional Reserve Banking the bank can then issue credit to allow it to invest ten times the amount deposited in its account to speculate on the international money markets.

There is no mechanism whereby individuals can put their money into a commodity backed currency that rejects fractional reserve banking.

I have created a whole new system to do this.

We require not one banking system but two.

The first is the global banking system and the High street banks that operate in the global market place.

The second is a series of local economies with Credit Unions who issue gold backed local currencies.

The government creates a new National Gold Standard solely for Local Economies whereby it buys gold reserves with the pound and then issues credit notes to credit unions to release local currencies based on those gold reserves.

As the government buys more gold reserves more credit notes are issued to credit unions to release in the form of local currencies.

The government does nothing but hold and store the gold for the credit unions. Government is not allowed to borrow credit from the international credit markets on the basis of gold reserves set aside for credit unions.

The credit unions are only allowed to release capital in the form of local currencies relating to the value of the gold reserves held for them by the government. The more gold is bought and stored by the government for credit unions, the more capital in the form of local currencies are allowed to be released into local economies.

This will end Fractional Reserve Banking in the local economies system.

As the government amasses more gold reserves by buying gold on the international markets, more capital is released into local economies in the form of local currencies which is then ‘locked into’ those communities, as that capital circulates in just those communities and cannot be exported out of them.

This will produce internal economic stability, allow local economies to be stable and guarantee deposits of customers.

Each year government buys a set amount of gold to be set aside for the use of credit unions - say 5 billion pounds a year.

This will then allow credit unions to issue local currencies to invest that money into local communities, such as in the form of loans to local businesses.

The interest rates on these loans will be less than the market rate for other loans, so will allow local businesses to be more competitive than international corporations when investing in local communities.

Such loans would be predicated on local businesses employing local people.

It would also allow Credit Unions to issue low cost loans with low interest rates to their members, such as poor families in local communities.

This will allow the credit unions to increase economic activity in local areas that benefit local businesses.

Local people could also deposit their national currency into their credit union accounts which will allow credit unions to then use brokers to buy gold deposits to be stored to ’back up’ those new deposits, thereby moving national currency from the globalist high street banks and global economic system and into local economies.

This would create an autonomous, stable, commodity backed network of local currencies that will offer the stability and economic security that the High Street banks cannot offer.

It will also ensure that any future global economic crash will not devastate local economies, as their currencies will still function as commodity backed micro-economies regardless of any systemic crash of the macro-economic global market.

It will also allow nation states to work together on developing the international economic system to facilitate global free trade, whilst ensuring the internal economic stability of nation states as they undertake the creation of an integrated and efficient global economic trading system.

There is no need to create a new International Gold Standard, just local economies with Credit Unions whose local currencies are based on gold reserves and whose currencies can only be used within those local economies.

Peak Oil and the Bank Of Britain

The Bank of Britain and Peak Oil Transition.


Peak Oil as well all know , unless you are a member of the establishment political parties who have pulled the duvet over their heads put their fingers in their ears and are going ’La la la la la la’ in the hope that the problem will disappear, will not be solved by the present economic models.

During the transition to the Renewable Energy Economy then the existing economic system, based on credit and the petro-dollar recycling system, will not suffice.

A Bank Of Britain is required in order to create an alternative transitional economic system that will allow us to fund and create the projects we require in order to save our nation from the threat of Peak Oil and our present dependence on the globalist system.

The Bank of England can continue to exist as the main British bank in relation to the private banking system, but the Bank of Britain will be a National Bank dedicated to solving the issue of Peak Oil and allowing the nation to survive its coming threat.

For details on the issues of Peak Oil read here ;

http://leejohnbarnes.blogspot.com/2007/05/energy-economy-and-peak-oil-crash.html

http://leejohnbarnes.blogspot.com/2007/10/charles-merz-peak-oil-and.html

http://leejohnbarnes.blogspot.com/2007/05/corporate-fascism-and-oil.html

http://leejohnbarnes.blogspot.com/2007/12/peak-oil-and-world-war-3.html


I propose the following ;

1) We establish a Bank Of Britain based on the Gold Standard whose deposits and loans would be based on the gold stocks it holds. The BOB would be able to issue government backed special bonds and funds, and also be awarded special tax status so as to attract private investment, that would be used specifically to deal with the economic threats of Peak Oil that the present economic system cannot ever solve. Private business requires energy, for without energy to power the factories and employ workers then the economy dies. It is in the best interests of business that Britain create an 100 % Energy Independent renewable energy system so as to allow British industries and business to escape the threat of energy death that Peak Oil will bring.

2) The Bank Of Britain would be responsible for establishing a nationwide network of Credit Unions across the country and assisting in the formation of local currencies by loaning Credit Unions money based on the gold stocks the BOB holds. These credit unions would be owned by their members and the money made by the unions be used to assist local communities to re-localise and environmentalise their communities and create new renewable energy networks that provide locally generated food and energy to local people.

3) That the Credit Unions create localised currencies to be traded in local areas and that all profits from the Credit Unions go back into the Credit Unions and be used to fund and subsidise local environmental projects to assist local people such as Community Farms, Local Farmers Markets, local energy projects, local recycling projects, local energy production systems such as wind, solar, wave, water mills etc etc.

4) That the Bank of Britain also be used to fund the vast public works schemes we require in order to create the national environmental and renewable energy infrastructure we require in order us to escape oil dependency and to create the Energy Production Economic Model ( EDP - Energy Domestically Produced) that will be the basis of the global economic energy exchange economy of the future.

5) That the BOB funds the public works schemes such as the rejuvenated canal networks, funds the British manufacturing industries to equip and refit the re-opened British coal mines with the heavy equipment they will need to operate and to assist in making these new coal plants as clean as possible , to supply the local energy production plants with the technical equipment they will require and the heavy engineering projects required to create the Renewable Energy Economy.

6) That funds from the BOB be used to establish a network of scientific establishments around the country that are dedicated to creating clean, green new energy systems that can be used to save the planet. This technology would be patented and licensed to other nations and be given to them to use to assist them to solve their energy needs due to the Peak Oil crisis.

The Bank of Britain is the basis of the transitional economic model that we will require in order for us to escape the Peak Oil nightmare. It will allow our nation to become a world leader in renewable energy production and the heart of the global energy exchange system that will replace the present credit and oil based economic system that will be destroyed by Peak Oil.

Peak Oil need not be a nightmare if we prepare for its coming RIGHT NOW.

The Bank Of Britain will allow us to establish Britain as the centre of a whole new Industrial Revolution based on green energy production that will make Britain one of the most stable, prosperous and powerful nations in the 21st Century and beyond.