What the Heck is a Bailout? (video)
9 August, 2012Paul Grignon, the creator of the internationally acclaimed “Money as Debt” animated series, has a new movie. It is free online, the title is “What the Heck is a Bailout?” - a question that might be puzzling a lot of people right now. He compress information from the Money as Debt Trilogy into 9 minutes of widescreen HD [...]
Aljazeera: Where does money come from?
8 August, 2012Watch special discussion on Money, Debt and Banks on Aljazeera TV. Who is actually in charge of all the money? Where does money come from? Why there is a debt crisis? Are the bankers and the banking system out of control? With Professor Jem Bendell of the University of Cumbria, Tarek El Diwany, a senior partner [...]
Nationalize Money, Not Banks by Herman Daly
6 August, 2012We Don’t Have To Be In Financial Crisis In the article below, Herman Daly, Emeritus Professor University of Maryland and former World Bank economist, makes the case for 100% reserves. This reform, once a principal goal of important economists, would terminate the ability of the banking system to create credit to finance its own speculations and [...]
Screenings of "97% Owned" Documentary
23 July, 201297% Owned is a new documentary that reveals how money is at the root of our current social and economic crisis. Featuring frank interviews and commentary from economists, campaigners and former bankers, it exposes the privatised, debt-based monetary system that gives banks the power to create money, shape the economy, cause crises and push house prices [...]
Bank on Dave on Channel 4
23 July, 2012David Fishwick, a Burnley businessman who has made millions as the biggest minibus supplier in Britain, is so fed up with the way that the banks are treating people he's decided to open his own tiny bank to serve his local community in Burnley and help the people the banks have turned down. Dave's plan [...]
Finally in the Mainstream Press…
22 July, 20121) We're finally in the mainstream press... Finally our message is beginning to sink in. Over the last couple of weeks a number of mainstream newspapers wrote about monetary reform, some even mentioning Positive Money by name. About time too! First, an article appeared in The Economist making a few statements that could have been [...]
Paul Moore on BBC
19 July, 2012Paul Moore the HBOS Whistleblower was talking on what needs to be changed in banking on business news part of the BBC Today programme. He has applied for the job of Chairman of Barclays Bank. You can listen to the program HERE. Paul Moore, former Head of Group Regulatory Risk at Halifax Bank of Scotland, whose [...]
The Independent: Take the power of money creation out of the hands of private banks
18 July, 2012Unparalleled levels of imprudent lending; corrupt banking practices; soaring inflation and rising unemployment; government bank bailouts and an economy dependent on increasing levels of debt to sustain growth. Sound familiar? It would have done to Britons in the 1830s. The fact is that we have been in a remarkably similar economic crisis before and the reasons [...]
Key to Challenging the Power of the Banks
17 July, 2012Key to challenging power of banks is regaining control of money supply, writes Michael Meacher MP: The discovery by the Bureau of Investigative Journalism that the financial services industry spent £92m last year lobbying politicians and regulators shows how deeply entrenched the banks have become in the UK power structure contrary to the public interest. The documents [...]