May 27, 2008

Memorial Day letter from American Monetary Institute

Dear Friends of the American Monetary Institute,

Memorial day is the most reflective of American Holidays, when we ought
to honor and devote our attention to those who've given above and beyond
to the advancement of humanity.

How far we have strayed from such an honor system! Look and see who is
"honored" in our nation, and for what. Our society is so very sick, that
instead of honoring those who contribute to its well being, the diseased
mostly promote and emulate those who have unjustly accumulated an
obscene share of our nation's wealth and power. There is often a direct
relation between how much damage someone does and how much wealth they
receive in payment for it! For example in the media: Rush Limbaugh,
Shawn Hannity and even characters like ABC's Stephanopoulis and Gibson.
We have no real media in this country. Keith Olberman is a rare
exception but remember one third of Americans (the poorest and least
educated) don't have cable television.

However the media problem is small change compared to the
macro-destroyers operating against America - the financial sector (and
the same is true in other lands). This does not require a conspiracy
because in any case it would be the inevitable result of our flawed
monetary and banking system. It results from the privatization of
control over the nation's money system which has removed it from the
checks and balances of our constitutional republic. Allowing it to
function on a fractional reserve basis, whch gives the banking system a
huge accounting privilege. Letting the miscreants keep the loot they
have stolen under color of law; so called "laws of economics" which
deify the market.

That has fostered the accumulation of unearned wealth to obscene levels
that are destructive to democracy, to justice and to humanity. With
present day weaponry, it now even risks the annihilation of the species.

Thus the banking/money system promoted real estate speculation and
created the real estate bubble, instead of focusing on repairing our
vital infrastructure. New Orleans and Minneapolis and the army of
unemployed pay the price so far, while the financial establishment gets
bailed out. Who pays for the bailouts? One way or another the people of
our country. Why? Because they don't understand how our money system
operates against the general welfare. Their legislators also either
don't understand, or find it convenient to pretend they don't understand.

The media does its best to block understanding, in order to promote the
interests of the medias ultimate owners/controllers: the financial sector.

Memorial Day rightfully honors our veterans and our warriors who have
and are now paying the ultimate price for the misdirection of our
society by corrupt finance. A more meaningful thing would be to take
better care of them. To pretend that America does not have the ability
and resources to do that is an obscene lie.

Am I, as Director of the AMI overly passionate about this? Perhaps. You
see we are involved in this battle on a daily basis. To get an idea how
we are in combat against this insane system, please see our website at
http://www.monetary .org Attached is a two page summary of the problem
and solution: The Need for Monetary Reform. We try to make our materials
easy to understand, yet accurate.

And we do this without comfortable funding. The Institute did not begin
with an endowment but with a donation of books in 1996. We have survived
and will continue to grow and move forward based on much appreciated
donations, and the sales of our classic research achievement, the Lost
Scence of Money book, and our CD's. (see

http://www.monetary .org/lostscience ofmoney.html )

But to continue our work in a more effective way, we really need your
help. I better repeat that:


With a slightly higher level of funding, we could be moving five times
as rapidly. So we ask your assistance this memorial day: Please support
us in this battle. Make a tax deductible contribution at our website,
through Paypal or by mailing a check. The American Monetary Institute
will use your contribution to achieve monetary reform, to move our
country towards justice, truth, freedom and what should be the American

I've just returned from the Northwest U.S. where we made important
strides with forming AMI Chapters in Portland, and Seattle and
Albuquerque. Seattle drew some really sharp young people who understand
the challenge. Albuquerque attracted an older more experienced group who
want to move forward on monetary reform activities. In neither city were
they afraid of taking up this challenge.

With better funding for trips more chapters could be organized much
faster. These chapters educate our citizens and state and local
legislators on the need for monetary reform, and how it can help solve
their most pressing local problems. With the assistance and support of
such local politicos, and normal down to earth citizens, really
effective pressure will be brought to bear at the national level.

You can help by joining a chapter in your area and by making a donation,
or purchasing a copy of our book The Lost Science of Money, at our
website. Consider attending the 4th annual AMI Monetary Reform
Conference at Roosevelt University in Chicago, this September 25-28th.
We bring together twenty of the most knowledgeable speakers on monetary
questions, and we make it an enjoyable event. See the description at the
website, and since I have not had a chance until now to remind people,
the conference discount ($245 instead of $295 will remain in effect if
postmarked by May 31. (registration form is at nce.html)

Stay in touch and don't be shy about communicating any questions or

A happy, thoughtful Memorial Day to you!
Stephen Zarlenga

No comments: