Forum Post: The 99% Declaration
Posted 13 years ago on Oct. 21, 2011, 2:50 a.m. EST by AwakenedSheep
(0)
from Waco, TX
This content is user submitted and not an official statement
I found this declaration on another site: https://sites.google.com/site/the99percentdeclaration/ Points - #5, #8, and #15 make a widely held but false assumption. That assumption is that we are still on a gold standard - or that the federal government is somehow money constrained. #5, #8 and #15 would be meaningful if we were on a gold standard, or a country like Greece that does not have sovereign monopoly control of its fiat currency. The US fed government is the issuer of the US Dollar, not a user like you, me, a US state, a city, a county, or a business.
Here are 4 very important sources that will plug you into the already existing community that is educating the world on the realities of modern money in the United States.
http://pragcap.com/resources/understanding-modern-monetary-system http://rodgermmitchell.wordpress.com/ http://moslereconomics.com/ http://neweconomicperspectives.blogspot.com/
This Declaration amazing and exciting. I am in SF and get off the train right next to the Fed where OccupySF is stationed. I have only been able to join during the 10/15 march. The 99% Declaration is the most exciting thing I've ever encountered in my political life. It makes this entire effort bigger than a protest, bigger than a movement, it presents the possibility of forming and actual, legitimate, and profound new politic in this country. One that is not beholden to the monied interest of the 1%. Please let's make this happen.
up dates to the 99% declaration at www.the99declaration.org
@AwakenedSheep
I heard last night that that site the99percentdeclaration was a splinter group that doesn't represent the true wishes of OWS. And, if I understand correctly, the US government doesn't actually issue our money, it's issued by the Federal Reserve, which I think is a private corporation owned by major banks all over the world. Just wanted to throw my two cents in there.