Monday, March 22, 2010
Philosophers Now Political Prisoners in USA
He's super bright, he has made very accurate predictions about economic crises, his computer modelling has been sought after by the Japanese government and the CIA. Martin Armstrong is also in prison and has been for 10 years.
In that time there was an attempt on his life, his legal team have had their money taken away, his mother's bank account and pension was frozen and many of his constitutional rights withdrawn. He and his friends argue that he confessed after torture to fraud and he's currently in solitary confinement.
Martin calls himself America's #1 political prisoner. His enemies? Wall St bankers like Goldman Sachs and others and he comitted the one crime that really got him in trouble; he got on the wrong side of the Bush dynasty..
Smuggled out of prison is a hand-written letter about the global financial crisis and run by Business Insider:
He believes that Western Society is in meltdown but offers a way out and has asked that his solution be forwarded to politicians everywhere.
1) We freeze all national debt.
2) We issue coupons whereby the debt will be redeemed for local currency to be invested in the domestic economy debt or equity.
3) Each nation then establishes it own currency pegged to (euro). The US debt is swapped to coupons that may be spent domestically.
4) All direct taxation must end, no income tax, gift, inheritance, capital gains or property tax. All local government funds itself by retail sales tax.
5) Fed government prints the cash needed instead of accumulative deficit each year as % of GDP. Add up interest paid 1986 - 2006, the US debt other than interest would have been less than $300 billion. Printing, if controlled will be a fiat nor hyperinflation. We need a steady growth in money supply to expand & keep pace with population
Martin goes on to say that "these are the basic cornerstones required to stop the cycle of economic implosion."
Some interesting thoughts and insights. What is really incredible is that clearly the guy is a political prisoner. He has been put in solitary for helping inmates with legal issues something he's entitled to do.
The question that arises time and time again about the USA is this: Is it the country we think it is? Has the US constitution been usurped and are a small band of rich elite now in charge? Is the US sinking into political, economic and moral collapse and disintegration?
And then a question for the rest of us: Are we going to allow ourselves to go down with it?
The skies are darkening people. Voices are being silenced. This message from solitary confinement should be a wake up call for all who value their peace, prosperity and freedom.
For more info on Martin check out: http://princetoneconomics.blogspot.com/