With that all being said, with the Christmas season now upon us, Americans are caught up with the pageantry and consumerism that goes with this time of the year.  So with the Black Fridays and Cyber Mondays that accompany this time of the year, who is actually profiting from all of spending?  The answer is the exact same people and organizations that got the US citizens in this whole economic mess to begin with: the corporate banks and the credit companies. The average American citizen does not have a clue as to the fact that they are feeding, helping and subsidizing their own foreclosures, layoffs, and continued economic servitude by continuing to perpetuate the fractional reserve banking system during this holiday season.

 

But we, as Americans, show our holiday cheer and the spirit of the season in some very universal ways: buying and setting up the Christmas tree and lights, wrapping the presents and laying them out to be found by our loved ones and friends, and the Christmas dinner with your family. I ask that you look at another one of these Christmas traditions much more closely and look at it in a new light.  Every year around this time period the media inundates us with images, music, and movies that are used to instill some sense of the holiday spirit within us.  The greatest and the old standby that has always been considered the quintessential holiday movie is the Jimmy Stewart classic “It’s a Wonderful Life”.  While the movie tells the touching story of a family that is all the richer for having been together, and the setting is Christmas Eve, I ask that you look more closely to this movie this holiday season and you will see a message perhaps more important to all of us today that was touched upon back in 1946.

You see, when you take away the holiday setting and the angel “Clarence”, the movie is just a warning of a fractional reserve banking system and the horror of corporate greed. And more than that, how this evil and fractional reserve banking system will be the downfall of the economic, political, and moral fiber of society.  The main protagonist, George Bailey, is the head of a small city bank that is not concerned as much with making a profit, but providing a service to the customers that it serves.  Bailey’s bank observes that improving the lifestyle of its customers as well as its city is more important than simply making a profit.  Throughout the movie, Bailey is at odds with Mr. Potter, who is the head of a large corporate bank that simply observes that there is a profit to be made by purchasing the Bailey bank.  Mr. Potter’s number one goal is the acquisition of more money and realizing a profit, with absolutely no regard for the people it would be serving.

“Just remember this, Mr. Potter, that this rabble you're talking about... they do most of the working and paying and living and dying in this community. Well, is it too much to have them work and pay and live and die in a couple of decent rooms and a bath? Anyway, my father didn't think so. People were human beings to him. But to you, a warped, frustrated old man, they're cattle.”  ~George Bailey~

 

When George Bailey goes through his experience of viewing a world in which he was never born, the town in which he grew up and lived was completely changed as Mr. Potter and the corporate bank was now the only game in town so to speak.  What is seen is a completely different, darker, and much more economically depressed town than when George Bailey was practicing sound banking and financial practices, and not simply wishing and viewing the public as a profit.

 

The parallels between the situation presented within the movie and the reality of the United States today are striking.  The giant banks and credit companies of the reality of today have no accountability for what they do to the public because the politicians who are supposed to represent the people are bought and paid for by these same giant banks.  The public never challenges them and if they do, they are never given the proper attention from the media, which are also owned and controlled by these same large banks.

 

 

 

 

 

So what do I want for Christmas?…I would like to see the end for the illegal fractional reserve banking system that has led us to the current economic predicament that we all as American citizen are faced with. The fraudulent creation of money from the Federal Reserve System and bank out to society needs to stop immediately.  This is the only way that the current economic system that we are faced with can be solved for the betterment of the country and the common American citizen.  The power needs to be removed from the clutches of the faceless corporate banks, and credit companies and returned to where it was originally contracted to: the American public.

Peymon Mottahedeh is President and Founder of the Freedom Law School. Website: http://livefreenow.org/