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by on November 18, 2013

Human rights, not banking plights

Society must set the rules for the financial system and not vice versa. Banks should serve the people.

Fair distribution of wealth

Money should be accumulated according to individual achievement. Workless concentration of capital widens the gap between rich and poor. One must take decisive steps to heal this growing rift.

No more gambling, no more offshore

The first step is to separate commercial and investment banks. States may not give guarantees for the speculative business of investment banks. States should never bail out investment banks. Shadow banks, offshore financial institutions, hedge funds and derivatives create nothing of real value. Experience shows clearly that they in fact harm society.

Money supply must serve the public

It’s a waste of time to debate monetary policy without taking into account how money is created. Profit-oriented private banks should not be allowed to create money. The money supply should be controlled by non-profit institutions.

End speculation with essential resources

Financial speculation with food and commodities, which represents blackmail of people and the real economy, must end. The securities market must become a zero-sum game, not a tool to siphon off assets from useful businesses. Sensible forms of investment should lead to a flow of money towards the real economy. States may not go into debt for this.

Self-determination of all people

The Euro and many international treaties were pushed through over the heads of those very citizens who bear the consequences. We evoke the right to self-determination and demand referendums. Every country has the right to decide on its budget, its economy, and thus on its own currency. ESM treaty, fiscal compact and institutions that are not democratically legitimized should be rejected.

Source: petition at

People who signed had this to say (comments lightly processed):

“The creation of the money supply as interest-bearing debt by private banks escalates many of the current dangers that face mankind.” -CT

“We are on the edge of the cliff as it stands…need to take our world back from these greed merchants.” -LJ

“Agree with the stated principles and sick of hearing about banks and banking.” -MM

“Equal opportunities for everybody, and respect for savers. I have the right to know what they do with our money, and refuse to finance war.” -PP

“Meeting today’s big challenges requires fundamental change to how money works.” -HD

“Let’s have sensible banking instead of the present nonsense that increases the wealth gap and sucks vitality out of the real economy.” -MS

“Many global systems need changing, but none more than banking. I don’t want my children to still be paying off debt created by private banks.” -TJ

“Banks shouldn’t be allowed to divert risk to the public, become too-big-to-fail, and conspire against their clients.” – CS

“This is for ALL of us important!” – BH

“When a system is proven to be failing by design, wasting resources on the symptoms is pointless. You need to change the system itself.” -CP

“Monetary reform is crucial to our survival and sorting out resource wars (Iraq/Afghanistan, Libya Mali etc), hunger and lack of clean water.” -JM

“Money-creation is a public matter. It determines what happens in the economy. Sovereign Money is good for prosperity, resources and climate.” -JM

“The monetary system is so misunderstood and yet the consequences are so great. We need to find a better way to run the economy.” -PF


Here’s are all the links to the petition in different languages:étitions/limitez-le-pouvoir-des-banquesβάλτε-στις-τράπεζες-όρια

Also note the Copycat Cookbook – coming soon in Croatia?

Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.
(Margaret Mead)

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