"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."
-- J. E. E. Dalberg, Lord Acton
Three elections were held this past weekend: all perhaps having more significance than the usual "musical-chairs" routines that characterize modern parliamentary "democracies."
The election of a very Socialist-dominated parliament in France lends force to, perhaps even compels, the new Socialist president, Hollande, to radically change French economic policy. Since the Sarkozy movement (which heavily favored the banksters and the Nato war-makers) is for now thoroughly marginalized, the common citizens of France (for whom the state is supposed to exist) may gain some real ground and improve their circumstances. I personally hope they repudiate much or all of their foreign-investor-central-bank debt and take public and private ownership of their lives and their hopes and dreams. Let the French take responsibility and control their own currency: re-invigorate the franc and ease out the euro. The euro has not helped the local people, anywhere: it has only helped outside investors place themselves in the driver's seat.
The apparently split nature of the Greek election is most interesting -- but the banksters do not appear to be in a strong position, relative to the support of the people. Once again, I hope that decisions are made that favor ordinary human beings and their free associations rather than submission to the central-bank cartel and their powerful little army of foreign thieves.
In Egypt, the Muslim Brotherhood has managed to elect a president against the will, and the favored candidate, of the military regime that has ruled that country continuously for more than a generation. The military has responded by suspending parliament, and therefore suspending any sort of democratic, representative forms. With the will of the people so openly resisted, one hardly expects that the Egyptian people will accept these new military measures indefinitely. I hope and pray for no bloodshed.
If we can imagine a world with central bankers, and no free people; or a world with free people, and no central bankers; I should unhesitatingly choose the latter -- wouldn't you? Of course, there may be a good Third Alternative.
It might be a great time to re-read Henry Hazlitt's little book, Economics in One Lesson. It pretty much says it all.