The Fix for Commercial Banking
The true magnitude of the failure of our commercial banking system is one of the best kept secrets Wall Street works so diligently to protect. Our commercial banking system is incredibly weak and prone to create credit bubbles that have repeatedly lead to recession after recession and tremendous suffering by our economic society as a result of the commercial banking system's mammoth shortcomings. In its current rendering, Americans have witnessed three cataclysmic failures in the modern era:
-
The "bank holiday" enacted by President Franklin Roosevelt in March of 1933 that signaled the advent of the Great Depression; and
-
The complete failure of the savings & loan industry in 1988 as a result of the passage of the Tax Reform Act of 1986; and
-
The bank disaster of 2008 that required the TARP legislation where Main Street America (once again) bailed out Wall Street.
The purpose of the Federal Reserve Act of 1913 was to end bank panics altogether and provide a solid underpinning to a sustainable commercial banking system, but that turned out to be just clever marketing by the banking industry that was very much intent upon protecting its newfound monopoly that was now mandated by Congress. These events have not been the "once-in-a-lifetime" events that Greenspan and the other banking system chieftains routinely tell Americans as being the case, but are (in fact) the unavoidable outcomes that will continue to repeat themselves, because; flaws lying deep within the operating structure of the current commercial banking system actually make any other outcome other than systemic failures mathematically impossible.
When Clint Lovell started researching and analyzing the operations of the economy some nine years ago, one of the first things he realized was a fundamental macroeconomic "fact of life" that can be demonstrated to have an incredible impact upon how our economy behaves; and, this factor directly bears on our banking system.
Clint Lovell calls it the Principle of Inherent Economic Stability and it serves as the basis of this new commercial banking system alternative known as the "Consumption Banking System" or just "Consumption Banking".
Consumption Banking is described in detail in Something Out Of Nothing (Book II in The Fix series).
Ordering Your Copy of The Fix
To order your copy of The Fix, click here and go to the order page. All book sales are via this online bookstore or on eBay®. For group orders and information on the financial opportunity owing to The Fix, please contact us via email at consultants@rainmakermarketing.com or via phone at 281.537.1200.
To learn more about The Fix, use any of the following links:
To learn about the proposal to change our current free-market capitalism approach into Capitalism Version 2.0 ("ultimate capitalism"), click here.
To learn about the component plans, use any of the following links:
-
To learn about The Fix for Monetary Policy, click here.
-
To learn about The Fix for Fiscal Policy, click here.
-
To learn about The Fix for Social Security, click here.
-
To learn about The Fix for Universal Health Care, click here.
-
To learn about The Fix for Universal Education, click here.
-
To learn about The Fix for Housing, click here.
-
To learn about The Fix for Poverty, click here.
-
To learn about The Fix for Corrections, click here.
-
To learn about The Fix for Commercial Real Estate, click here.
-
To learn about The Fix for Commercial Banking, click here.
To learn about the component public capital finance plan proposals, use any of the following links:
-
To learn about The National Debt Public Finance Workout Plan Proposal, click here.
-
To learn about The Social Security Benefit Public Finance Workout Plan Proposal, click here.
-
To learn about The Universal Health Care Benefit Public Finance Workout Plan Proposal, click here.
-
To learn about The Universal Education Benefit Public Finance Workout Plan Proposal, click here.
-
To learn about The Universal Poverty Benefit Public Finance Workout Plan Proposal, click here.
-
To learn about The Corrections Public Finance Workout Plan Proposal, click here.
|
You can preorder your copy of The Fix and be one of the first to receive your own hardcover copy. All payments are handled through the PayPal system so your financial information is kept between you and PayPal.
Best of all, all preorders are shipped with us paying your shipping costs, saving you .
Order, save and enjoy for the holidays! |
||