For more information about Ellen Brown's work, visit http://www.ellenbrown.com/
EXPLODING THE MYTHS ABOUT MONEY
Our money system is not what we have been led to believe. The creation of money has been "privatized," or taken over by private money lenders. Thomas Jefferson called them “bold and bankrupt adventurers just pretending to have money.” Except for coins, all of our money is now created as loans advanced by private banking institutions — including the privately-owned Federal Reserve. Banks create the principal but not the interest to service their loans. To find the interest, new loans must continually be taken out, expanding the money supply, inflating prices — and robbing you of the value of your money.
Not only is virtually the entire money supply created privately by banks, but a mere handful of very big banks is responsible for a massive investment scheme known as "derivatives," which now tallies in at hundreds of trillions of dollars. The banking system has been contrived so that these big banks always get bailed out by the taxpayers from their risky ventures, but the scheme has reached its mathematical limits. There isn't enough money in the entire global economy to bail out the banks from a massive derivatives default today.
Web of Debt unravels the deceptions in our money scheme and presents a crystal clear picture of the financial abyss towards which we are heading. Then it explores a workable alternative, one that was tested in colonial America and is grounded in the best of American economic thought, including the writings of Benjamin Franklin, Thomas Jefferson and Abraham Lincoln. If you care about financial security, your own or the nation's, you should read this book.
The following is a sample of Ellen Brown's lecture that took place in Tucson, Arizona on February of 2009.
Brown's presentation is followed by a question-and-answer session as she is joined by Dr. Leila Hudson, Associate Professor of Near-East Studies and Anthropology, who is the author of "Transforming Damascus" and "Space and Modernity".
Exclusive 2-camera presentation
by Ellen Brown. In this lecture,
Brown explains in detail how
economies can overcome the likes of
the IMF, World Bank and the Federal Reserve.
Includes Qn'A session.
DVDR, All Regions
Approx. 97 minutes.