Les Leopold on “It’s Our Money”

les leopoldEllen speaks with noted author and co-Founder of the Labor Institute, Les Leopold, about how the market mechanics of inequality have succeeded over the past 40 years and what we can do collectively to bring about real change. She also discusses her latest article about the looming crisis that could be triggered by the new practice of bailing-in depositor money to save failing banks. And Matt Stannard delivers some words about money from the mouths of historical figures. Listen to the archive here.

 

6 Responses

  1. Reblogged this on TwistedPolitix.

  2. dear Ellen and Leopold … I love your ideas
    from Dr. Anthony Horvath, author of CAPITALlessISM…..
    http://authorwebservices-xl.net/US/551003/

    the ANTI-BANKS …. A PREVENTIVE ANTIDOTE TO THE DANGERS OF BAIL-INS : a massive effort to establish jointly a PUBLIC COMMUNITY BANKING network with many COOPERATIVE CREDIT UNIONS also with the ENCOURAGEMENT OF CHURCHES COMMUNITIES. we discuss these issues in my book.

    WHY…? THE AMERICAN DREAM IS DEAD! THE MIDDLE CLASS HAS TOTALLY ERODED TO BECOME THE NEW SLAVE CLASS.

    Since the Communist economic vision has collapsed, the ultra-capitalist-corporatism forces dominate the economy and the middle class collapsed. Economy has become too complicated for most of us to understand. The FREE and FAIR, DEMOCRATIC CAPITALISM that has developed America has been kidnapped by CORPORATISM. What is it? It is a radical fundamentalist form of ultra-capitalism. CORPORATISM is the privatization of a Communist-state-styled economic dictatorship by corporations.

    A LIVE EXAMPLE : In Quebec, as an antidote to the dominance of banks during the depression years of the 1930-s contributed to the economic awareness of the population to seek alternative solutions. PUBLIC COOPERATIVE COMMUNITY BANKS… called CAISSE POPULAIRES. Under the Church’ spiritual authority seventy-five years ago in church basements people started the movement Desjardins, a cooperative community banking system. People gathered to discuss economic issues, such as financing enterprises, home financing, put their meager savings together etc. The result was the astonishing new concept of forming community cooperative credit unions. With the church’s encouragement, in a short seventy-six years, Quebec has built up several economic giants: Quebec’s Caisse Populaire Desjardins, a financial cooperative movement, valued at over $220 billion (among the world largest banking institutions) and the Caisse de Depot et Placement, valued at over $150 billion. Add also, the Bank National and the Laurentian Bank, as well as the investment capital Fond de Solidarité. Add over all these, a cooperative concept for a vast network of small and medium size enterprises, with its ramifications in many sectors of the economy. Quebec has the most elaborate cooperative system in the world.
    So yes, people can do fantastic achievements collectively when they become aware of a commune danger. If I add the huge technical potential of the social networks …. we might have new financial institutions in short months like UBER-BANKS to counter traditional banks or like like APPLE-BANKS …. GOOGLE-BANKS …. a determined community may very well prevent bail-ins….
    Thank you for your feedback

  3. WHILE I AGREE WITH MS BROWN/ MR ;LEOPOLD/DR HORVATH ALL GREAT IDEAS AND PUBLIC MINDED .HOWEVER THE SYSTEM IS RIGGED BY THE CRIMINALS WHO OWN THE FED RES.THEY CAN AND WILL IF NEED BE CANCEL THE DOLLAR AS WE KNOW IT AND CAUSE A HUGE DISASTER SO AS TO BRING ABOUT THEIR DREAM OF A TOTALLY OWNED WORLD.ISSUE A NEW FORM OF MONEY ,THAT I HAVE NO IDEA WHAT IT WOULD BE OTHER THAN NOT PHYSICAL BUT ELECTRONIC ,SO AS TO CONTROL EVERYTHING YOU DO .THE BOOK 1984 IS CHILDS PLAY TO WHAT THEY HAVE IN MIND.AND I KNOW OF NO FIX FOR THAT CATASTROPHE . AND SOME PEOPLE ARE SAYING IT IS AT HAND NOW!! WE SHALL SEE!!!.

  4. Yes, an accurate assessment of the lunacy in which our entire world is now engulfed.
    The elimination of cash will be the next step in this rush for global subservience, of the masses, with the introduction of the NEW WORLD CARD. (666?)
    This will be the only means to buy food, goods, pay bills, pay taxes, and, without it, those who refuse to accept the new system will be basically feed to the wolves.
    It is interesting to note the number of times both 1984, and Brave New World were re-printed.
    Even more interestingly is the use of both these books, written, it is suggested, by servants of the illuminated ones, through out the Western educational systems; Brave New World 1937, 1984 in 1947.
    Could it have been an insidious propaganda ploy, by those running the system, to prepare, brain wash the masses, into a mindless, welcoming attitude, toward the events prophesied in these books, as we were sold into hell?
    Seems to line up with Biblical prophecies, the mark of the beast, 666 etc.
    One world church, one world economic system, with the invasion of Europe, America, England, Australia, by young, healthy, mostly male muslim ‘refugees’, as the army which will be used to subjugate any, particularly Christian citizens, who stand against this controlled, planned takeover of our society, our heritage.
    How could all these supposedly poverty stricken ‘refugees’ dig up the thousands of dollars required to ‘escape’ Syria, Iran, Iraq, Afghanistan, etc.?
    But, maybe we are being foolish, by daring to think out side the pre-conditioned programs we are being fed by the media and the political morons?

  5. dear R A FEIBEL and Johnraymondnolan, … yes, THERE IS HOPE!!!
    From Dr. Anthony Horvath, author of CAPITALlessISM…..
    http://authorwebservices-xl.net/US/551003/

    your descriptions of apocalyptic views of the economy are very real indeed and it is a wake-up call to all of us. We have all become too comfortable with the idea that from cradle-to-grave a good uncle Sam’s ”American way” will automatically take care of us and flourish our culture. Well. we cannot take it for granted !!!. …but only, a COLLECTIVE COMMUNITY TYPE AWARENESS is the beginning to react to these dangers.. It is the key. Thank God, for social media… our education level, instant information availability and human ingenuity… and an elusive ”GOD-FACTOR”. THE REST will come slowly by itself: PUBLIC-BANKING, COOPERATIVE ENTREPRENEURSHIP, COMMUNITY-SPIRIT OF MUTUAL NEIGHBORING HELP .under the guidance of our two thousand year old Judaeo-Christian Heritage. In ”CAPITALlessISM…..” we discuss the deep long-term effect of a CERTAIN ”GOD-FACTOR” ON THE ECONOMY.

    Every economic-military dictatorship in history have collapsed under this mysterious ”God-factor” and under the ingenious human resistance awareness reactions :… the Roman-Empire, the Ottoman Empire, the British colonialism in India (with Gandhi), in Africa (with Nelson Mandela), Communism ….. But what took centuries because of the poor communication technologies and illiterate masses of people at the time might take only only a very short generation to react to these new forms of economic dictatorship.
    WELL, I HOPE SO AT LEAST …. thank you for your comments

  6. […] Source: WEB OF DEBT BLOG Ellen speaks with noted author and co-Founder of the Labor Institute, Les Leopold, about how the market mechanics of inequality have succeeded over the past 40 years and what we can do collectively to bring about real change. She also discusses her latest article about the looming crisis that could beRead more… […]

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