Copyright 2021 by Joseph Albert Gorski
All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the author, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyr ight law.
ISBN: 978-1-64314-587-7 (Paperback)
978-1-64314-588-4 (Hardback)
978-1-64314-589-1 (E-book)
AuthorsPress
California, USA
www.authorspress.com
U.S. government power was possibly at an all-time high in the decade or so following the 9/11/01 attacks. Recently some cracks in the armor are forming. Some on the left and right side of the political spectrum are beginning to join forces and question this consolidation of power and abuse of power in Washington, D.C. Nations around the world are looking for ways to bypass the US dollar in trade with each other. The worldwide financial system is under great stress and can fall like a house of cards if the right or wrong set of events take place. Great technological advances are coming that will drop costs in many areas of the economy including health care and housing. We are on the dawn of a new era in government, banking, and crony capitalism.
Government 2.0 is coming!
Table of Contents
CHAPTER I :
How the Ruling Class Controls Our Thinking 1
C HAPTER II :
Polarization: The Role of Government and O ur Money 5
CH APTER III :
Capitalism at Earlier Days and the Evolution into Our Present Economy 13
C HAPTER IV :
The Present Situation with P olitics 18
CHAPTER V :
A Little History and Pers pective 23
C HAPTER VI :
Some Positives that can Out-weigh the Ne gatives 32
CH APTER VII :
Some Facts and Figures on the Economic Crisis 40
CHA PTER VIII :
How Did We Get in thi s Mess? 49
C HAPTER IX :
Government Abuses and Its Use of Initiator y Force 57
CHAPTER X :
The Growing Awakening by the People 69
C HAPTER XI :
The Beginning of a New Era of Individual Empo werment 73
CH APTER XII :
The Tipping Point has Been Reached 80
CHA PTER XIII :
How These Changes can Peacefully Com e About 86
CH APTER XIV :
A Brief History of Previous Attempts at Ne w Money 89
C HAPTER XV :
How Do We Get Through the Tough Times Quickly 93
CH APTER XVI :
How to Elect Individuals to Move Us Towa rd 2.0 100
CHA PTER XVII :
Why Government 2.0 is Almos t Here 106
CHAP TER XVIII :
A Review of the Changes that We Shou ld See 109
CH APTER XIX :
What the World could look like in Twenty Years 114
When America had another presidential election year in 2012 it left us more questions than answers regarding our future. The lack of excitement over the two major candidates was probably unprecedented especially considering that the country was still mired in the economic doldrums. We are clearly at a crossroads with revelations about IRS, NSA and other agency abuses and seem to be more politically divided than at any time in recent memory. However, there is one thing that most Americans have in common: we have become very disillusioned with those in positions of power. Distrust is very high for elected officials, banking leaders, crony capitalists and even most of the corporate owned media. These people (and some very powerful people behind the scenes) can collectively be called the ruling class. The ruling class generally is not defined by honestly earned wealth, but by power over the general population. The power we are talking about is the power to extract money from the people like a parasite would do to a host. Many wealthy people are not part of the ruling class. They do not seek to control others. They are focused
on creating or adding value to society by what they do and getting financially rewarded in the process.
The ruling class on the other hand only adds illusionary value to society, but actually are drains or parasites on society. The ruling class and those that work under them live off the labor of the value creators of society. The money that is siphoned off from the hard working general population could be in the form of taxes, fees, excess interest on a loan, lost earnings opportunities, or higher costs for goods. This is not unlike a silent business partner who does not contribute to your business except for some hard to define protection. Sounds a little like the way the mafia operates.
They are also financed through the banking system headed up by the Federal Reserve. Bankers make loans from money that was largely created in thin air (a $100 deposit in a bank with a 10% fractional reserve requirement means that $900 in new money is created if you carry the multiplying process to its full potential). This money is loaned out and interest is paid essentially on little or nothing. A loan that charges 10% is really 100% interest for the bank when this leveraging of capital is factored in! This is a form of legalized counterfeiting. No wonder bank headquarters often are the fanciest building s in town!
Another illustration of money creation is through credit cards or lines of credit. Once you start to tap into th is credit
to buy something a double sided accounting entry is created out of thin air for the bank. The merchant is paid with money that is created out of thin air less a small transaction fee. You owe the bank what you borrowed plus interest on this money created out of thin air. Yes, there are funds in the bank in the form of savings accounts, CDs, and checking accounts, but this bears little relationship to what happens when a loan or line of credit is funded. There is no reserve requirement in place when this money is created. Many lenders were leveraged much more than the 10% reserve requirement at the peak of the mortgage crisis in 2007 and 2008 as house values were declining or sometimes crashing in some markets. The reserve requirement rarely comes into play as money (created out of thin air) is l oaned out.
This easy money creation puts our economy in the US and much of the worlds economies at risk for asset bubbles that eventually pop and hurt a lot of people through wealth destruction. It also moves more and more wealth away from most individuals into the hands of a tiny elite ruling class. In late 2014 or soon after another greater bubble will pop and/or runaway inflation will take off causing more wealth de struction.
The ruling class also enacts policies in Washington that limit or block competition for the benefit of crony capitalists, often to keep up prices, market share, or limit innovation. This is a hidden cost that the general population pays for every
