What’s the Movie About?
It is well known in economics academia that
The Wonderful Wizard of Oz written by L. Frank Baum in 1900 is loaded
with powerful symbols of monetary reform which were the core of the
Populist movement and the 1896 and 1900 president bid of Democrat
William Jennings Bryan.
The yellow brick road (gold standard),
the emerald city of Oz (greenback money), even Dorothy’s silver slippers
(changed to ruby slippers for the movie version) were the symbol of
Baum’s and Bryan’s belief that adding silver coinage to gold would
provide much needed money to a depression-strapped, 1890s America.
We
believe Baum’s symbols represent the only solution to relieve the
growing economic hardship here in America – and the rest of the world.
Practically speaking, 2009 marks the 70th anniversary of the 1939 MGM
release of the The Wizard of Oz movie, so interest will be very high.
Even Oz websites put up by kids get millions of hits.
Who's In It?
· Joseph Farah, Founder and CEO of WorldNetDaily.
· Peter Schiff, President of Euro-Pacific Capital, the leading “bear” on Wall Street, author.
· Byron Dale, author and monetary reform expert, author of many books.
· Ellen Brown, author Web of Debt, attorney, and monetary reform expert
· James Robertson, former official in a variety of slots in the UK government, and head of the Inter-Bank Research Organization, author of many books
· Prof. Nick Tideman, VA Tech University School of Economics
· Prof. Michael Hudson, President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall
Street Financial Analyst, Distinguished Research Professor of Economics
at the University of Missouri, Kansas City and author of Super-Imperialism:
The Economic Strategy of American Empire (1972 and 2003)
· John Keyworth, Curator, Bank of England Museum
· Prof. Quentin Taylor, professor of political science at Rogers State University
· Reed Simpson, banker, asset manager
Intro
“In 1996, in a doc**entary called “The MoneyMasters”, we asked the question
why is America going broke. It wasn’t clear then that we were, but it
is today. Now the question is how can we get out of this mess.
Foreclosures are everywhere, unemployment is skyrocketing – and this is
only the beginning. America’s economy is on a long, slippery slope from
here on. The bubble ride of debt has come to an end.
“What can
government do? The sad answer is – under the current monetary system –
nothing. It’s not going to get better until the root of the problem is
understood and addressed. There isn’t enough stimulus money in the
entire world to get us out of this h***.
“Why? Debt. The national
debt is just like our consumer debt – it’s the interest that’s killing
us.
“Though most people don’t realize it the government can’t
just issue it’s own money anymore. It used to be that way. The King
could just issue stuff called money. Abraham Lincoln did it to win the
Civil War.
“No, today, in our crazy money system, the government
has to borrow our money into existence and then pay interest on it.
That’s why they call it the National Debt. All our money is created out
of debt. Politicians who focus on reducing the National Debt as an
answer probably don’t know what the National Debt really is. To reduce
the National Debt would be to reduce our money – and there’s already too
little of that.
“No, you have to go deeper. You have to get at
the root of this problem or we’re never going to fix this. The solution
isn’t new or radical. America used to do it. Politicians used to fight
with big bankers over it. It’s all in our history – now sadly – in the
distant past.
“But why can’t we just do it again? Why can’t we
just issue our own money, debt free? That, my friends, is the answer.
Talk about reform! That’s the only reform that will make a huge
difference to everyone’s life – even worldwide.
“The solution is
the secret that’s been hidden from us for just over 100 years – ever
since the time when author L. Frank Baum wrote “The Wonderful Wizard of
Oz.”
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