thoughtful
Posted March 7, 2010
Now a little dated, I'm not sure how I came across this.
Positives include: (1) what is apparently a historical connection of the Wizard of Oz with turn-of-the-century (19th to 20th) economics; and the interesting use of analogies with the book; (2) lots of economic history; and (3) overall helpfulness in aiding the reader to understand the banking system, Federal Reserve, and money and debt in general.
Negatives include: (1) too long - needed a good editor to cut out some of the chaff to make the best parts stand out more; (2) too much "conspiracy theory by the international bankers"; (3) gets into some fringe ideas on abolishing taxes, easily resolving the national debt, etc. (if it sounds too good to be true, it probably is).
1 out of 1 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Autodidactosaur
Posted January 14, 2009
I'm only half way through this book, yet I feel comfortable writing a very positive review for it. It's simultaneously enthralling and horrifying. I knew our monetary system was corrupt, but I didn't know HOW corrupt. I'm so ¿what's the word?...mad? No. I'm so beyond mad, I'm not even angry. I'm flabbergasted at the insanity in our financial institutions that we have lived with for so long. Something has got to give, and soon, or everything will spiral out of control, I'm afraid. I'm optimistic that this book will help us throw off the invisible yoke each one of us wears around his neck. Maybe when a critical mass of people have read "Web of Debt", things will begin to improve.
1 out of 1 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted February 17, 2008
Throughly researched book on our injurious monetary system. In my opinion - this will prove to be a truly pivotal book that will have a profound impact on the western world. It does for our understanding of everyday economics what the theory of continental drift and plate tectonics does for geology, or what the theory of natural selection does for the biological sciences.
1 out of 1 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted September 3, 2007
The lyrics from the Tina Turner song 'The Best' come to mind. The author is an attorney. If she pled her plaintiff's case in court for an alternate money system as presented in this book, and you were on the jury, decide which way you would vote. Her client is the debt oppressed people of society, and also most governments around the world. The defendant is the privately owned central banks of the world. Read it, and cast your vote.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted September 6, 2007
For the serious student of economic history and theory, 'Web of Debt' explains that a better system is available, has worked here, is working elsewhere now and could be working again to our universal betterment. For the layperson who ordinarily disdains other than personal economics, 'Web of Debt' is an entertaining, interesting and informative read with surprising facts and history leading the reader to ways we might all be better off than under the prevailing situation. Beautifully researched, explained and credited.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted February 10, 2010
No text was provided for this review.
Anonymous
Posted August 27, 2010
No text was provided for this review.
Anonymous
Posted January 26, 2010
No text was provided for this review.
More About This Textbook
Overview
Product Details
Table of Contents
Acknowledgments ix
Foreword Reed Simpson xi
Introduction: Captured by the Debt Spider 1
The Yellow Brick Road: From Gold to Federal Reserve Notes 9
Lessons from The Wizard of Oz 11
Behind the Curtain: The Federal Reserve and the Federal Debt 23
Experiments in Utopia: Colonial Paper Money as Legal Tender 35
How the Government Was Persuaded to Borrow Its Own Money 47
From Matriarchies of Abundance to Patriarchies of Debt 57
Pulling the Strings of the King: The Moneylenders Take England 65
While Congress Dozes in the Poppy Fields: Jefferson and Jackson Sound the Alarm 75
Scarecrow with a Brain: Lincoln Foils the Bankers 83
Lincoln Loses the Battle with the Masters of European Finance 91
The Great Humbug: The Gold Standard and the Straw Man of Inflation 97
The Bankers Capture the Money Machine 105
No Place Like Home: Fighting for the Family Farm 107
Talking Heads and Invisible Hands: The Secret Government 115
Witches' Coven: The Jekyll Island Affair and the Federal Reserve Act of 1913 123
Harnessing the Lion: The Federal Income Tax 133
Reaping the Whirlwind: The GreatDepression 141
Oiling the Rusted Joints of the Economy: Roosevelt, Keynes and the New Deal 151
Wright Patman Exposes the Money Machine 161
A Look Inside the Fed's Playbook: "Modern Money Mechanics" 171
Bear Raids and Short Sales: Devouring Capital Markets 181
Hedge Funds and Derivatives: A Horse of a Different Color 191
Enslaved by Debt: The Bankers' Net Spreads over the Globe 201
Goodbye Yellow Brick Road: From Gold Reserves to Petrodollars 203
The Tequila Trap: The Real Story Behind the Illegal Alien Invasion 215
Freeing the Yellow Winkies: The Greenback System Flourishes Abroad 223
Sneering at Doom: Germany Finances a War Without Money 233
Another Look at the Inflation Humbug: Some "Textbook" Hyperinflations Revisited 239
Poppy Fields, Opium Wars and Asian Tigers 249
Waking the Sleeping Giant: Lincoln's Greenback System Comes to China 257
Recovering the Jewel of the British Empire: A People's Movement Takes Back India 265
The Debt Spider Captures America 275
Breaking the Back of the Tin Man: Debt Serfdom for American Workers 277
The Lure in the Consumer Debt Trap: The Illusion of Home Ownership 285
The Perfect Financial Storm 293
In the Eye of the Cyclone: How the Derivatives Crisis Has Gridlocked the Banking System 301
Maintaining the Illusion: Rigging Financial Markets 313
Meltdown: The Secret Bankruptcy of the Banks 325
The Magic Slippers: Taking Back the Money Power 335
Stepping from Scarcity into Technicolor Abundance 337
The Community Currency Movement: Sidestepping the Debt Web with "Parallel" Currencies 347
The Money Question: Goldbugs and Greenbackers Debate 357
The Federal Debt: A Case of Disorganized Thinking 367
Liquidating the Federal Debt Without Causing Inflation 375
"Helicopter" Money: The Fed's New Hot Air Balloon 383
Vanquishing the Debt Spider: A Banking System that Serves the People 391
Restoring National Sovereignty with a Truly National Banking System 393
The Question of Interest: Ben Franklin Solves the Impossible Contract Problem 407
Bailout, Buyout, or Corporate Takeover? Beating the Robber Barons at Their Own Game 417
The Quick Fix: Government That Pays for Itself 425
Government with Heart: Solving the Problem of Third World Debt 435
Building a Bridge: Toward a New Bretton Woods 441
Over the Rainbow: Government Without Taxes or Debt 451
Afterword: The Collapse of a 300 Year Ponzi Scheme 463
Postscript: February 2008 - The Bubble Bursts 465
Glossary 479
Selected Bibliography of Books and Suggested Reading 487
Notes 489
Index 521