Unruly State of Affairs in the United States of America

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The City of London runs the United Nations that operates slavery upon all of humanity.

 

The Crown Temple by Rule of Mystery Babylon
by: Michael Edward July 15, 2003


Ecclesiastic Commonwealth Community (ECC)

The Crown Temple

The governmental and judicial systems within the United States of America, at both federal and local state levels, is owned by the “Crown,” which is a private foreign power. Before jumping to conclusions about the Queen of England or the Royal Families of Britain owning the U.S.A., this is a different “Crown” and is specifically referencing the established Templar Church, known for centuries by the world as the “Crown.”

The Temple Church was built by the Knights Templar in two parts: the Round and the Chancel. The Round Church was consecrated in 1185 and modeled after the circular Church of the Holy Sepulchre in Jerusalem. The Chancel was built in 1240. The Temple Church serves both the Inner and Middle Temples and is located between Fleet Street and Victoria Embankment at the Thames River. Its grounds also house the Crown Offices at Crown Office Row.

All licensed Bar Attorneys in the U.S. owe their allegiance and give their solemn oath in pledge to the Crown Temple, realizing this or not. This is simply due to the fact that all Bar Associations throughout the world are signatories and franchises to the international Bar Association located at the Inns of Court at Crown Temple, which are physically located at Chancery Lane behind Fleet Street in London.

The Inns of Court to the Crown Temple use the Banking and Judicial system of the City of London – a sovereign and independent territory which is not a part of Great Britain (just as Washington DC is not a part of the north American states, nor is it a state) to defraud, coerce, and manipulate the American people. These Fleet Street bankers and lawyers are committing crimes in America under the guise and color of law.

The present Queen of England is not the “Crown,” as we have all been led to believe. Rather, it is the Bankers and Attorneys who are the actual Crown or Crown Temple. The Monarch aristocrats of England have not been ruling sovereigns since the reign of King John, circa 1215. All royal sovereignty of the old British Crown since that time has passed to the Crown Temple in Chancery.

Since the first Chancel of the Temple Church was built by the Knights Templar, this is not a new ruling system by any means. The Chancel, or Chancery, of the Crown Inner Temple Court was where King John was, in January 1215, when the English barons demanded that he confirm the rights enshrined in the Magna Carta. This City of London Temple was the headquarters of the Templar Knights in Great Britain where Order and Rule were first made, which became known as Code.

By what authority has the “Crown” usurped the natural sovereignty of the American people? Is it acceptable that the U.S. Supreme Court decides constitutional issues in the U.S.A? How can it be considered in any manner as being “constitutional” when this same Supreme Court is appointed by (not elected) and paid by the Federal U.S. Government?

The legal system (judiciary) of the U.S.A. is controlled by the Crown Temple from the independent and sovereign City of London. The private Federal Reserve System, which issues fiat U.S. Federal Reserve Notes, is financially owned and controlled by the Crown from Switzerland, the home and legal origin for the charters of the United Nations, the International Monetary Fund, the World Trade Organization, and most importantly, the Bank of International Settlements. Even Hitler respected his Crown bankers by not bombing Switzerland. The Bank of International Settlements in Basel, Switzerland controls all the central banks of the G7 nations. He who controls the gold rules the world.

 

The Four Inns of Court to the unholy Temple

Globally, all the legalistic scams promoted by the exclusive monopoly of the Temple Bar and their Bar Association franchises come from four Inns or Temples of Court: the Inner Temple, the Middle Temple, Lincoln’s Inn, and Gray’s Inn. These Inns/Temples are exclusive and private country clubs; secret societies of world power in commerce. They are well established, some having been founded in the early 1200’s. The Queen and Queen Mother of England are current members of both the Inner Temple and Middle Temple. Gray’s Inn specializes in Taxation legalities by Rule and Code for the Crown. Lincoln’s Inn received its name from the Third Earl of Lincoln (circa 1300).

Just like all U.S. based franchise Bar Associations, none of the Four Inns of the Temple are incorporated – for a definite and purposeful reason: You can’t make claim against a non-entity and a non-being. They are private societies without charters or statutes, and their so-called constitutions are based solely on custom and self-regulation. In other words, they exist as secret societies without a public “front door” unless you’re a private member called to their Bar.

While the Inner Temple holds the legal system franchise by license to steal from Canada and Great Britain, it is the Middle Temple that has legal license to steal from America. This comes about directly via their Bar Association franchises to the Honourable Society of the Middle Temple through the Crown Temple.

From THE HISTORY OF THE INN, Later Centuries, [p.6], written by the Honourable Society of the Middle Temple, we can see a direct tie to the Bar Association franchises and its Crown signatories in America:

“Call to the Bar or keeping terms in one of the four Inns a pre-requisite to Call at King’s Inns until late in the 19th century. In the 17th and 18th centuries, students came from the American colonies and from many of the West Indian islands. The Inn’s records would lead one to suppose that for a time there was hardly a young gentleman in Charleston who had not studied here. Five of the signatories to the Declaration of Independence were Middle Templars, and notwithstanding it and its consequences, Americans continued to come here until the War of 1812.”

All Bar Association licensed Attorneys must keep the terms of their oath to the Crown Temple in order to be accepted or “called to Bar” at any of the King’s Inns. Their oath, pledge, and terms of allegiance are made to the Crown Temple.

It’s a real eye opener to know that the Middle Inn of the Crown Temple has publicly acknowledged there were at least five Templar Bar Attornies, under solemn oath only to the Crown, who signed what was alleged to be an American Declaration of Independence. This simply means that both parties to the Declaration agreement were of the same origin, the Crown Temple. In case you don’t understand the importance of this, there is no international agreement or treaty that will ever be honored, or will ever have lawful effect, when the same party signs as both the first and second parties. It’s merely a worthless piece of paper with no lawful authority when both sides to any agreement are actually the same. In reality, the American Declaration of Independence was nothing more than an internal memo of the Crown Temple made among its private members.

By example, Alexander Hamilton was one of those numerous Crown Templars who was called to their Bar. In 1774, he entered King’s College in New York City, which was funded by members of the London King’s Inns, now named Columbia University. In 1777, he became a personal aide and private secretary to George Washington during the American Revolution.

In May of 1782, Hamilton began studying law in Albany, New York, and within six months had completed a three year course of studies, passed his examinations, and was admitted to the New York Bar. Of course, the New York Bar Association was/is a franchise of the Crown Temple through the Middle Inn. After a year’s service in Congress during the 1782-1783 session, he settled down to legal practice in New York City as Alexander Hamilton, Esqr. In February of 1784, he wrote the charter for, and became a founding member of, the Bank of New York, the State’s first bank.

He secured a place on the New York delegation to the Federal Convention of 1787 at Philadelphia. In a five hour speech on June 18th, he stated “an Executive for life will be an elective Monarch”. When all his anti-Federalist New York colleagues withdrew from the Convention in protest, he alone signed the Constitution for the United States of America representing New York State, one of the legal Crown States.

Later, as President Washington’s U.S. Treasury Secretary, Hamilton alone laid the foundation of the first Federal U.S. Central Bank, secured credit loans through Crown banks in France and the Netherlands, and increased the power of the Federal Government over the hoodwinked nation-states of the Union.

Neither the American people nor the Queen of Britain own America. The Crown Temple owns America through the deception of those who have sworn their allegiance by oath to the Middle Templar Bar. The Crown Bankers and their Middle Templar Attorneys Rule America through unlawful contracts, unlawful taxes, and contract documents of false equity through debt deceit, all strictly enforced by their completely unlawful, but “legal”, Orders, Rules and Codes of the Crown Temple Courts, our so-called “judiciary” in America. This is because the Crown Temple holds the land titles and estate deeds to all of North America.

The biggest lie is what the Crown and its agents refer to as “the rule of law”. In reality, it is not about law at all, but solely about the Crown Rule of all nations. For example, just read what President Bush stated on November 13, 2001, regarding the “rule of law”:

“Our countries are embarked on a new relationship for the 21st century, founded on a commitment to the values of democracy, the free market, and the rule of law.” – Joint Statement by President George W. Bush and President Vladimir V. Putin on 11/13/01, spoken from the White House, Washington D.C.

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What happened in 1776?

1776 is the year that will truly live in infamy for all Americans. It is the year that the Crown Colonies became legal Crown States. The Declaration of Independence was a legal, not lawful, document. It was signed on both sides by representatives of the Crown Temple. Legally, it announced the status quo of the Crown Colonies to that of the new legal name called “States” as direct possessive estates of the Crown.

All “Constitutional Rights” in America are simply those dictated by the Crown Temple and enforced by the Middle Inn Templars (Bar Attorneys) through their franchise and corporate government entity, the federal United States Government.

The Crown Temple was granted Letters Patent and Charters for all the land of New England by the King of England, a sworn member of the Middle Temple. Since the people were giving the patent/charter corporations and Colonial Governors such a hard time, especially concerning Crown taxation, a scheme was devised to allow the Americans to believe they were being granted “independence.” Remember, the Crown Templars represented both parties to the 1776 Declaration of Independence; and, as we are about to see, the latter 1787 U.S. Constitution.

To have this “Declaration” recognized by international treaty law, and in order to establish the new legal Crown entity of the incorporated United States, Middle Templar King George III agreed to the Treaty of Paris on September 3, 1783, “between the Crown of Great Britain and the said United States”. The Crown of Great Britain legally was, then and now, the Crown Temple. This formally gave international recognition to the corporate “United States”, the new Crown Temple States. Most important is to know who the actual signatories to the Treaty of Paris were. Take particular note to the abbreviation “Esqr.” following their names as this legally signifies “Officers of the King’s Courts”, which we now know were Templar Courts or Crown Courts. This is the same Crown Templar Title given to Alexander Hamilton.

 

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The Crown was represented in signature by “David Hartley, Esqr.”, a Middle Templar of the King’s Court. Representing the United States (a Crown franchise) by signature was “John Adams, Esqr”, “Benjamin Franklin, Esqr.” and “John Jay, Esqr.” The signatories for the “United States” were also Middle Templars of the King’s Court through Bar Association membership. What is plainly written in history proves, once again, that the Crown Temple was representing both parties to the agreement. What a perfect and elaborate scam the people of North America had pulled on them!

It becomes even more obvious when you read Article 5, which states in part:

“to provide for the Restitution of all Estates, Rights, and Properties which have been confiscated, belonging to real British Subjects.”

Now, here’s a real catch-all in Article 4:

“It is agreed that creditors on either side shall meet with no lawful impediment to the recovery of the full value in sterling money of all bona fide debts heretofore contracted.”

Since the Crown and its Templars represented both the United States, as the debtors, and the Crown, as the creditors, then they became the creditor of the American people by owning all debts of the former Colonies, now called the legal Crown States. This sounds too good to be true, but these are the facts.

So then, what debts were owed to the Crown Temple and their banks as of 1883? In the Contract Between the King and the Thirteen United States of North America, signed at Versailles July 16, 1782, Article I states:

“It is agreed and certified that the sums advanced by His Majesty to the Congress of the United States under the title of a loan, in the years 1778, 1779, 1780, 1781, and the present 1782, amount to the sum of eighteen million of livres, money of France, according to the following twenty-one receipts of the above-mentioned underwritten Minister of Congress, given in virtue of his full powers, to wit…”

That amount equals about $18 million dollars, plus interest, that Hamilton’s U.S. Central Bank owed the Crown through Crown Bank loans in France. This was signed, on behalf of the United States, by an already familiar Middle Templar, Benjamin Franklin, Esquire.

An additional $6 million dollars (six million livres) was loaned to the United States at 5% interest by the same parties in a similar Contract signed on February 25, 1783. The Crown Bankers in the Netherlands and France were calling in their debts for payment by future generations of Americans.

The City of London Crown Corporation Flag

The Fiscal Agents of Mystery Babylon

Since its beginnings, the Temple Church at the City of London has been a Knight Templar secret society. It was built and established by the same Temple Knights who were given their Rule and Order by the Roman Pope. It’s very important to know how the British Royal Crown was placed into the hands of the Knights Templars, and how the Crown Templars became the fiscal and military agents for the Pope of the Roman Church.

This all becomes very clear through the Concession Of England To The Pope on May 15, 1213. Charter was sworn in fealty by England’s King John to Pope Innocent and the Roman Church. It was witnessed before the Crown Templars, as King John stated upon sealing the same:

“I myself bearing witness in the house of the Knights Templars.”

Pay particular attention to the words being used that we have defined below, especially charter, fealty, demur, and concession:

“We wish it to be known to all of you, through this our charter, furnished with our seal… not induced by force or compelled by fear, but of our own good and spontaneous will and by the common counsel of our barons, do offer and freely concede to God and His holy apostles Peter and Paul and to our mother the holy Roman church, and to our lord pope Innocent and to his Catholic successors, the whole kingdom of England and the whole kingdom Ireland, with all their rights and appurtenances… we perform and swear fealty for them to him our aforesaid lord pope Innocent, and his catholic successors and the Roman church… binding our successors and our heirs by our wife forever, in similar manner to perform fealty and show homage to him who shall be chief pontiff at that time, and to the Roman church without demur. As a sign… we will and establish perpetual obligation and concession… from the proper and especial revenues of our aforesaid kingdoms… the Roman church shall receive yearly a thousand marks sterling… saving to us and to our heirs our rights, liberties and regalia; all of which things, as they have been described above, we wish to have perpetually valid and firm; and we bind ourselvesand our successors not to act counter to them. And if we or any one of our successors shall presume to attempt this, whoever he be, unless being duly warned he come to his kingdom, and this senses, be shall lose his right to the kingdom, and this charter of our obligation and concession shall always remain firm.”

 

Only the Templar Jesuit Switzerland and the Vatican city have square flags

Most who have commented on this charter only emphasize the payments due the Pope and the Roman Church. What should be emphasized is the fact that King John broke the terms of this charter by signing the Magna Carta on June 15, 1215. Remember; the penalty for breaking the 1213 agreement was the loss of the Crown (right to the kingdom) to the Pope and his Roman Church. It says so quite plainly. To formally and lawfully take the Crown from the royal monarchs of England by an act of declaration, on August 24, 1215, Pope Innocent III annulled the Magna Carta; later in the year, he placed an Interdict (prohibition) on the entire British empire. From that time until today, the English monarchy and the entire British Crown belonged to the Pope.

By swearing to the 1213 Charter in fealty, King John declared that the British-English Crown and its possessions at that time, including all future possessions, estates, trusts, charters, letters patent, and land, were forever bound to the Pope and the Roman Church, the landlord. Some five hundred years later, the New England Colonies in America became a part of the Crown as a possession and trust named the “United States.”

By agreeing to the Magna Carta, King John had broken the agreement terms of his fealty with Rome and the Pope.

The Pope and his Roman Church control the Crown Temple because his Knights established it under his Orders. He who controls the gold controls the world.

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The Crown Temple Today

The workings of the Crown Temple in this day and age is moreso obvious, yet somewhat hidden. The Crown Templars have many names and many symbols to signify their private and unholy Temple. Take a close look at the one dollar $1 private Federal Reserve System (a Crown banking franchise) Debt Note.

Notice in the base of the pyramid the Roman date MDCCLXXVI which is written in Roman numerals for the year 1776. The words ANNUIT COEPTIS NOVUS ORDO SECLORUM are Roman Latin for ANNOUNCING THE BIRTH OF THE NEW ORDER OF THE WORLD. 1776 signifies the birth of the New World Order under the Crown Temple. That’s when their American Crown Colonies became the chartered government called the United States, thanks to the Declaration of Independence. Since that date, the United Nations (another legal Crown Temple by charter) rose up and refers to every nation as a State member.

Mystery Babylon Revealed

There is no mystery behind the current abomination of Babylon for those who discern His Truth:

“And on her forehead was a name written, MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND ABOMINATIONS OF THE EARTH.” (Revelation 17:5)

God has reserved His judgment for the great idolatress, Rome, the chief seat of all idolatry, that rules over many nations with whom the kings have committed to the worship of her idols. The Pope and His purported Church; sitting on the Temple throne at the Vatican; ruling the nations of the earth through the Crown Temple of ungodly deities are the Rule and Order of Babylon; the Crown of godlessness and the Code of commerce.

One may call the Rule of the world today by many names: The New World Order (a Bush family favourite), the Third Way (spoken by Tony Blair and Bill Clinton), the Illuminati, Triad, Triangle, Trinity, Masonry, the United Nations, the EU, the US, or many dozens of other names. However, they all point to one origin and one beginning. We have traced this in history to the Crown Temple, the Temple Church circa 1200. Because the Pope created the Order of the Temple Knights (the Grand Wizards of deception) and established their mighty Temple Church in the sovereign City of London, it is the Pope and his Roman Capitols who control the world.

“And the woman was arrayed in purple and scarlet color, and decked with gold and precious stones and pearls, having a golden cup in her hand full of abominations and filthiness of her fornication.” (Revelation 17:4)

This verse appears to be an accurate description of the Pope and His Bishops for the past 1,700 years. The idolatries of commerce in the world: all the gold and silver; the iron and soft metals; the money and coins and riches of the world: All of these are under the control of the Crown Temple; the Roman King and his false Church; the throne of Babylon; attended to by his Templar Knights, the Wizards of abomination and idolatry.

Where do we go from here?

Now that their false Temple has been exposed, how does this apply to the Kingdom of Heaven? To reach the end, you must know the beginning. For everything ordained of God, there is an imitation ordained of evil that looks like the genuine thing. There is the knowledge of good and the knowledge of evil.

“The seven heads are seven mountains, on which the woman sits.”(Revelation 17:9)

The false Crown Temple and its Grand Wizard Knights have led the world to believe that they are of the Lord God and hold the knowledge and keys to His Kingdom. What they hold within their Temples are the opposite. They claim to be the “Holy Church,” but which holy church? The real one or the false one? Are the Pope and his Roman Church the Temple of God, or is this the unholy Temple of Babylon sitting upon the seven mountains?

(The above text content is copied here due to its disappearance from the internet)

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    THE ABUNDANCE PARADIGM: WHY AI FORCES A RETHINKING OF MONEY ITSELF — PART 1

    By Ellen Brown on May 11, 2026

    A Universal Basic Income (UBI) has long been proposed as a way to cushion the blow of jobs lost to automation. Under that model, everyone receives a modest monthly payment – enough to cover basic needs and prevent extreme poverty. 

    But Elon Musk has gone further. On April 16, he posted on X:

    Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI.

    Rather than a subsistence stipend, Universal High Income (UHI) would be a level of income allowing ordinary people to live well in a world where machines do most of the work. Musk has also said that AI and robotics are the only things that can solve the massive U.S. debt crisis. 

    That sounds promising, but where will the government get the money to pay the UHI? Critics say any government that tried it would go bankrupt. There are also other concerns, which will be addressed in Part 2 of this article. Here we will look at the financial underpinnings: why UHI is even thinkable, why AI forces a reexamination of how money enters the economy, why the current system cannot scale to meet what is coming, and the implicit transition needed to meet that challenge.

    Why the Current Money System Cannot Scale

    The national debt of the U.S. government just topped $39 trillion. China’s is $18.7 trillion. Japan’s is $8.6 trillion. Those of the UK, France, Germany, Italy and Spain are each in the multi-trillion-dollar range. Collective global debt now stands at $353 trillion, 305% of the world’s annual economic output. So even if, hypothetically, everything produced in the world in a year were applied toward liquidating the debt, it still would not be enough to pay it all off. 

    In fact the debt can never be repaid, because of the way money currently enters the system. Nearly all of the money supply today is created by banks when they make loans. Banks do not lend their existing capital. The loan itself creates the money. The bank adds the loan amount to the asset side of its balance sheet and balances that sum with the same amount on the liability side. When the borrower withdraws or transfers the funds, either the bank takes them from its reserves in “vault cash” or the Federal Reserve debits the bank’s digital reserve account at the central bank. But the lending bank typically has funds coming into its reserve account at about the same rate as they are going out, so its reserves are continually replenished. Thus a very small reserve account can support a much larger money creation engine. For decades before the Fed discontinued the reserve requirement in 2020, it hovered at around 10%.

    The chief problem with this debt-based system is the interest, which the bank does not create in its original loan. For a typical long-term loan, interest can double the total tab or more. Where is the money to come from to pay this added liability? Across the system as a whole, it must either come from more borrowing or from existing funds. In the case of governments, that means issuing interest-bearing bonds or tapping taxes and other revenues. The interest on the debt compounds, meaning the government is paying interest on interest. This makes the debt increase exponentially, until it is mathematically unsustainable. Then bankruptcies occur, of banks or even whole governments. Booms turn into busts, and the cycle begins again.

    Today, interest on the federal debt is the second largest budget line item after Social Security, exceeding $1 trillion. Meanwhile, workers are losing jobs to AI/robotics, shrinking the income tax base. The system is clearly unsustainable.

    How to Raise Demand to Scale to the Upcoming Supply

    A Universal High Income would replenish the shrinking tax base by replacing the lost wages of unemployed workers. But where will the money come from to pay the UHI? The only sustainable solution is for the government to issue it interest-free. That does not mean through the Federal Reserve, which creates money in the same way banks do: it buys federal interest-bearing securities with accounting entries. The Fed collects the interest, which it is supposed to return to the Treasury after deducting its costs. But since 2008, its costs include paying interest on the reserves of its participating banks, which consumes its profits. (See my earlier article here.) 

    The only interest-free, debt-free solution that will actually increase the money supply sufficiently to match the projected productivity of AI/robotics is for the money to be issued directly by the Treasury.

    This is not a radical new idea. It is authorized in the U.S. Constitution, which provides in Article 1, Sec. 8, that “The Congress shall have Power To … coin Money [and] regulate the Value thereof .…” Abraham Lincoln used government-issued “Greenbacks” to avoid a crippling debt to British-backed bankers. Debt-free government-issued money was also the funding mechanism by which the American colonists succeeded in creating a thriving economy and liberating themselves from the oppressive yoke of the British Empire.

    In his 1729 pamphlet “A Modest Inquiry into the Nature and Necessity of a Paper-Currency,” Benjamin Franklin argued that a lack of currency was a tax on industrious farmers and producers, and that a reliable, locally issued paper currency was the “oil” for the gears of trade. The “Nature and Necessity” of this currency was to facilitate the movement of goods between neighbors. Franklin observed that the British strategy of keeping the colonies short of cash was a method of economic suppression. By forcing the colonies to use gold and silver, which were constantly drained back to London to pay for imports, the Crown kept the colonies in a state of permanent debt and low productivity. When the money supply matched the productive capacity of the people, universal prosperity resulted without inflation. 

    This logic evolved into the “American System of Political Economy” championed by Henry Carey, economic advisor to Abraham Lincoln. He wrote:

    Two systems are before the world… One looks to pauperism, ignorance, depopulation, and barbarism; the other in increasing wealth, comfort, intelligence, combination of action, and civilization. … One is the English system; the other we may be proud to call the American system, for it is the only one ever devised the tendency of which was that of elevating while equalizing the condition of man throughout the world.

    In the context of the 21st century, the “oil” that best lowers the friction of trade is debt-free government-issued money similar to Lincoln’s Greenbacks and colonial scrip. Rather than implementing a radical financial innovation, we would be returning to our roots.

    Inflation or Deflation?

    The chief objection to the colonies’ paper “scrip” was that they tended to over-print, so that “demand” (money) outstripped supply. Too much money chasing too few goods produced price inflation. But in the 21st century, we will soon have the opposite problem: too little money chasing too many goods. Machines don’t need food, clothing, shelter, transportation, medical treatment or other services. So who will buy those goods and services? 

    Money needs to be issued to human consumers, and not just to a few wealthy human consumers serving as debt brokers thriving on interest. To create sufficient demand for the voluminous output of AI/robotics, it needs to go to the whole national population, evenly distributed. Not only can UHI work in that sort of abundant supply without producing price inflation; it is actually essential to prevent deflation.

    In a conversation on X, Musk wrote:

    In a normal economy, issuing more money simply increases the dollar price of the existing output of goods & services, meaning people do NOT get more stuff. If AI/robotics massively increase goods & services output, then you actually MUST issue dollars to people or there will be massive disinflation. 

    As paraphrased on Yahoo Finance (reposted from Benzinga), Musk wrote that handing out more dollars becomes a problem only when the economy’s supply of goods and services fails to surge alongside the money supply. His claim is that AI and robotics could lift production so sharply that the bigger risk would be falling prices, not rising ones.

    But aren’t falling prices a good thing? In this case, no. Prices would be falling due to a lack of demand, meaning producers can’t find customers for their products. They wind up laying off workers and eventually going bankrupt. When spread across the whole economy, the result is a deflationary spiral: prices fall, businesses lose revenue, and the economy contracts, not because production is inadequate but because purchasing power is insufficient. The result is recession or depression. In the Great Depression of the 1930s, food was rotting in the fields while people were starving, because they were out of work and had no money to spend. 

    Job cuts from AI are already happening. According to the same Benzinga article:

    Evidence of near-term strain is showing up in corporate announcements: employers disclosed more than 27,000 job cuts linked to AI in the first quarter of 2026, according to Challenger, Gray & Christmas. The outplacement firm said that figure was up 40% from the same period a year earlier. 

    Robert Reich reports that wages are around two-thirds of the typical corporation’s total cost, and that in the first four months of 2026, big U.S. corporations cut over 128,000 jobs. 

    How Soon Will All This Happen?

    Another Benzinga article, reposted on Yahoo Finance on March 16, detailed Musk’s projected time frame:

    Speaking remotely to the Abundance Summit last week, Musk told XPRIZE founder Peter Diamandis that the global economy is on the verge of an explosion so massive it defies historical precedent.

    “I’d say the economy is 10 times its current size in 10 years,” Musk said, before quickly clarifying that the growth could be even more explosive. “Greater than,” he added, framing the projected shift in economic output as a “fairly comfortable prediction.” …

    Ray Kurzweil, author of The Singularity Is Near, sees AI reaching Artificial General Intelligence (human-level intelligence across virtually all domains) by 2029, and full transformative abundance by 2045.

    Other experts question these time projections, but a radical transformation of traditional manufacturing and trade is likely to happen sometime in the reasonably near future. The question is, will the money system transition soon enough to rescue all the laid-off workers from homelessness and famine?

    The Sovereign Wealth Fund Alternative

    There is another model for distributing the gains of automation, one that can be phased in gradually as the AI workforce expands. It comes from Sam Altman, CEO of OpenAI. In an ironic twist, Altman and Musk, who jointly founded OpenAI in 2015, are now locked in a high-profile legal battle over whether Altman diverted Musk’s $44 million investment to transform what was conceived as a nonprofit “for the benefit of humanity” into a highly lucrative for-profit enterprise.

    That dispute aside, Altman’s alternative model for sharing AI-generated wealth is a national sovereign wealth fund seeded by the profits of AI and robotics. His proposed American Equity Fund would take public stakes in the companies and technologies driving automation, capture a portion of the resulting productivity gains, and distribute them as universal dividends. The Fund would not replace a Universal High Income but would complement it.

    This approach has several advantages. It ties payments directly to real output, scales automatically with productivity, and can be introduced gradually, avoiding the shock of issuing large payments before the supply side has fully expanded. It would resemble the Alaska Permanent Fund, which distributes oil revenues to residents, except that here the resource would be the most powerful general-purpose technology since electricity.

    Conclusion: A New Monetary Logic for a New Productive Era

    For centuries, money has been issued as a claim against the future productivity of human labor, repaid from the income that labor generates. The logic of this debt-based system collapses when machines become the primary producers of goods and services. Then the limiting factor becomes purchasing power — the ability of human beings to access the abundance their own technologies create. That requires a monetary architecture that expands with output rather than debt, and distributes income not through wages alone but through mechanisms tied to the productive capacity of the whole system.

    Universal High Income and a sovereign wealth fund are two ways of doing that. One ensures a stable floor of demand; the other ensures that the public shares in the gains of automation. Both would be grounded in real production. But for the public to have access to those gains, the money supply needs to expand in proportion to the expanding pool of goods and services. This can be done by restoring the innovation our forefathers baked into the Constitution: debt-free money issued by the government itself.

    How to fund a UHI without triggering inflation or driving the government into bankruptcy is the first objection critics raise, but there are others. They argue that people would stop working or stop learning, that society would collapse into idleness or chaos, that life would lose meaning without jobs, that the government would have the power to control how people spend their money.  Will a UHI ring in the promised utopia or lock us into a state-controlled digital prison? Part 2 of this article will address those concerns. 

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    This article was first posted as an original to ScheerPost.com. Ellen Brown is an attorney, founder of the Public Banking Institute, and author of thirteen books including Web of DebtThe Public Bank Solution, and Banking on the People: Democratizing Money in the Digital Age. Her 400+ blog articles are posted at EllenBrown.com.tom of Form

     

     

  •  

    WAY TO GO MR PUTIN - RUSSIA FINALIZES 'LBGTQ PROPAGANDA' BAN

    Posted By: The_Fox [Send E-Mail]
    Date: Thursday, 1-Dec-2022 05:31:08
    www.rumormill.news/212414

     

    Many a time I often think about moving to Russia, so sick and tired of living here in the West.

    Over there things get done and child molesters etc don't just get away with a slapped wrist, free to again prey on the innocent.

    Those promoting society's moral decay will now have to answer for their actions also.

    Way to go Mr Putin.

    Read more: 'LBGTQ PROPAGANDA' BAN