A view of the U.S. Economy that all Americans should see:
Most of Americas Founding Fathers intended to establish a government of, by and for the people, rather than a government that would perpetuate rule by a wealthy few.
John Adams wrote: Government is instituted for the common good; for the protection, safety, prosperity and happiness of the people; and not for the profit, honor, or private interest of any one man, family, or class of men. Therefore the people alone have an incontestable, unalienable, and indefeasible right to institute government and to reform, alter, or totally change the same, when their protection, safety, prosperity and happiness require.
In Thomas Jefferson's writings he showed he felt even stronger about that. He believed in equal opportunity for all. And back in 1801 as president, Jefferson warned against the unregulated and unchecked power of banks and corporations. He realized they had already created a wealthy ruling class of men in America, and he recognized the terrible threat that insufficiently regulated or unlimited banking and corporate power represents.
Jefferson said that banking institutions are more dangerous to our liberties than standing armies. He warned of the danger of private banks getting too big and having too much power, and he warned that they could deprive the people of all property until their children wake-up homeless. He also criticized the aristocracy of our monied corporations and said they were in defiance to the laws of our country. He said they would create government founded on banking institutions and moneyed incorporations that would operate under a guise and cloak. And he was quite right then, and America should have heeded his words then, and in the 1920s, and especially during the last 30 years.
That is the beginning of an article,
The American Economy: Why It's Bad, And How We Can Fix It.
The author also wrote a related article following up on the Founders advice that we, the people, have the right and the duty to alter and reform our government when it no longer serves our interests. And that article is
The 21st Century Declaration of Independence, which suggests a way for us to utilize Article 5 of the Constitution to liberate and empower ourselves.
---