Uploaded on Tuesday 26 July, 2016 to the nexus of power
The stranglehold on political elections
People may be forgiven for labeling the democratic processes of the United States of America and the United Kingdom as two duopolistic systems of elective dictatorship with there being no more than two parties dominating the political landscape time after time, which raises questions whether this can be attributed to loyalty by the electorate, to strong electioneering on the hustings, to controlled media, to a comparative advantage of capital resources by the mainstream parties, or, to the ineptitude of the competition.
The statistical analysis depicts an electorate inclined to preserve the habitual status quo rather than alter its traditional centre-left/centre-right political compass. This is not the case in mainland Europe. France, likewise, has two mainstream parties that win on a continual basisthe socialist left and the republican rightbut, the far-left and far-right contingents poll considerably higher there than they do in the United Kingdom and the United States. This pattern illustrates to which extent French citizenry is idealistic. The flourishing democracy of the Netherlands has around a dozen different parties that are represented in its parliament, which equates to around the same amount in the Israeli Knesset. The Belgian Federal Parliament has considerably more representation, as does the German Bundestag. Such electoral systems require coalitions to govern. Coalition governments are very rare in the United Kingdom. One such government featured in 2010-2015, when Conservatives and Liberal-Democrats shared the mandate.
The strengths of the two-party system were tested during the American presidential election of 2016, when Hillary Rodham Clinton vied to become the first female president. Donald Trump, a billionaire property developer, stood as her opponent. Neither of these candidates fitted the mould, nor were they particularly popular. In spite of this anomaly, the Republican and Democratic stranglehold was preserved at the ballot box, with voters opting en masse for the 'lesser evil' rather than for an alternative party, or lack thereof.
Ellen Hodgson Brown, President & Founder of the Public Banking Institute (PBI) and author of such books as "The Web of Debt", The Public Bank Solution", addresses the PBI 2012 conference in Philadelphia.
Victoria Grant, seen here aged 12 years old, addresses the first annual Public Banking Conference in Philadelphia, PA. Her father and she discovered that the debt money system was what was wrong with the Canadian economy and decided to do something about it.
The Bank of North Dakota was established by legislative action in 1919 to promote agriculture, commerce and industry. North Dakota is the only state to have escaped the credit crisis. For every year since 2008, it has run a budget surplus and it has the lowest unemployment figures in the US, the lowest default rate on its loans and the lowest foreclosure rate.
Mike Krauss, Chairman of the Pennsylvania Project, puts forward his proposal, based on the success of the Bank of North Dakota, to create a Public Bank for the state of Pennsylvania. Such a move would free the state from the clutches of the Fed, reduce the debt burden, boost investments and serve the public interest.
Most people hold the view that their bank deposits are safe with the big commercial banks, however, this assumption is not based on the facts. This video features official government documents detailing information that should sound anyone's alarm bells [edited].