WhatFinger

Debunking Money #3:

Corporate PR, Financial Power, and Evaluating Some Popular “Solutions”


By Guest Column Damon Vrabel——--October 25, 2010

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What is the biggest source of power in the world? Lesson 1 discussed the issue of financial power, but for those who haven’t lived in the world of balance sheet power it may still seem like a vague theoretical notion.

After a short intro about the need to restore the authentic real world vs. the fake corporate PR world, this lesson digs into financial power in more detail, explains how you might think of it in terms of the power parents have over children, and then evaluates some of the popular solutions being discussed in the political realm:
  • ending the fed
  • cutting back on government in the interest of a “free market”
  • putting the banks through bankruptcy.

Intro:

Main lesson:

Damon has had two fairly different lives—one as an overachiever serving the financial empire, and another as a hopeful advocate for the victims of the empire: local community, indigenous population, the American republic, and the individual heart. He graduated from the United States Military Academy, served as an officer in the US Army, then graduated from Harvard Business School, took a short detour on Wall Street, and had a career in Silicon Valley in several leadership positions in technology corporations. Since leaving empire service, he became a mountaineer, attended Mars Hill Graduate School, and now works toward redemption as a writer and post-neoclassical economic philosopher. See the beginnings of his course on Renaissance 2.0 here. Damon can be reached at: strabes23@gmail.com

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Guest Column——

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