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Friday, November 19, 2010

Revolution Is Upon Us?

"Occasionally the tree of Liberty must be watered with the blood of Patriots and Tyrants."

- Thomas Jefferson
By now we are all familiar with this quote from Thomas Jefferson.  In many ways it has become the battle cry for the Tea Party movement.  But its true importance can be seen in the growing discontent by not only average Americans but by those not fortunate enough to be members of the bourgeoisie (so to speak) throughout the developed World.

Many are asking if we have reached a tipping point.  The division of wealth between the richest and porrest has reached levels not seen since before the great depression.  Can a system like this continue?

One of my favorite blogs is Zero Hedge.  Today they have a story about a planned revolt against the banking system.  Why the banks?  To borrow another quote form Jefferson:
"I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."
Have we all become debt slaves to the banks?  Some say yes and have a proposal for a Revolution!  From Zero Hedge:
A few weeks ago we noted that December 7 is becoming a grass roots "banker mutiny" day, in which citizens across Europe will pull money from their banks and thus force a pan-European bank run on what is already a bankrupt financial system, which survives each day only at the expense of the continent's increasingly indebted citizens, their life of increasing austerity, and of course, the US Federal Reserve and its final backstop. In some ways we discounted the potential reach of this movement. Enter Eric Cantona - just ask any sport afficionado who the most entertaining, flamboyant and skillful football player of 1990's Manchester United was and 9 out of 10 times you will hear that name. The icon (both in England and France) whose on field antics were only matched by his kung fu skills, and who has a massive popular following, has been recorded agitating viewers (many of them), to enact a bloodless revolution against French banks: "We don't pick up weapons to kill people, to start the revolution... the revolution is really easy to do nowadays. What is the system? The system revolves around the banks. It's based on the power of the banks... so it must be destroyed starting with the banks. This means that the 3 million people with their placards on the street... they go to the bank, withdraw their money from the banks and these ones collapse. 10 million people and the banks collapse and there is not real threat, a real revolution. We must go to the bank. In this case there would be a real revolution. It's not complicated. You simply go to the bank in your country and withdraw your money. If there are enough people withdrawing their money, the system collapses. No weapon, no blood, or anything like that." A peaceful anti-banking revolution, brilliantly explained so that everyone can understand.
Will December 7 become a day to be remembered?  Should there be a "revolution"?  Can a system where the rich control most of the wealth continue?

Many here in America have said no more.  Many in the Tea Party have said enough.  How does the average American feel?  Will Americans follow in this revolution?

I can't say. I doubt it.  It wouldn't be very smart in my opinion.  But the more that people show their discontent, the more likely change will happen.  And no form of government is exempt from these forces.  Again quoting form Thomas Jefferson:
“Experience hath shewn, that even under the best forms (of government) those entrusted with power have, in time, and by slow operations, perverted it into tyranny”


  1. I say pass on the message. Let's bring the blood-sucking banks down!

    Thomas J

  2. Bring the banks down and everybody loses their money. FDIC can't cope with that. The banks would be closed. This kind of revolution is suicide.

  3. Carol, while I agree that such an action might bring down banks and cause hardships for many, are we not dying a slow death now? Are not the rich bleading the rest of us dry? Are not the rich getting richer and the poor getting poorer? Is not the increasing national debt a burden on our children?

    Re-read what Jefferson said:

    "I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."

    We are mortgaging our children's future every day which we allow this system to continue.

  4. I have been asked if I am advocating a revolution. I am not.

    If the proposed "bank run" was a "success", it would create havoc and chaos. It would likely result in a great depression with untold hardship.

    The point of the article is that we are at a cross-roads where millions feel disenfranchised and are suffering. People are looking for a "revolution' in thought and actions. They are looking for a change.

    We have reached a point where "too big to fail" means too big to fix. If we are unable to find solutions for the issues which face us, we do face serious consequences. We need changes which are real and substantial. We need a revolution of new ideas.

    The proposed bank run brings to mind one of my favorite cliches. Watch what you wish for! Bringing down the banks may bring down the society as we know it.

  5. Bank run today in Ireland.

    "A slow steady bleed has turned into a mad dash for cash at Allied Irish Banks. Allied Irish Banks has had to rely on Central Bank funding as customers withdraw $18 billion, a stunning 17 percent of its deposit base. Without Central Bank funding, there would indeed be outright panic."

  6. Who elected Thomas Jefferson the voice of all that is right and reasonable?

  7. It certainly would be the most powerful way for the American Public to get the attention of the government and the banks.

  8. If we stand by and do nothing, then we will all become serfs.

    Sometimes a revolution is what is needed in order to regain our freedom.

    Bring down the Banks.

  9. Join the USA Facebook action group: "Break the Bank Day - Withdraw all your money on Dec 7th!!"