Pounds and Pennies

Ezra Pound and Our Corrupt Financial System

He suffered because he knew; he knew and he told us. Who was Ezra Pound? He was a poet who saw through the facade of central banking and chastised not only elite financiers but also the American people for allowing themselves to lose control over their own money. We were lazy. We let ourselves be duped, and we have not changed except to slip further into economic amnesia. It is time to shake it off.

The fog started to settle during the Civil War. Before that, nationally issued and controlled money was the standard, culminating in Lincoln’s greenbacks. These bills were short-lived however, because Lincoln let the bankers in the back door with the National Banking Act; he had to win the war, after all, and the South and all her money had to be kept under a federal boot. Lincoln soon regretted the banking act and aimed at limiting the financiers’ power. They aimed a gun at his head. We know who fired first.

Lincoln Memorial Washington DC

In 1913, the bankers’ grip on this country was further tightened with the Federal Reserve Act and we’ve been in their noose ever since. Ezra wanted to know, what is money for and how did this absurd paper money become so damned important? Smoke and mirrors was essentially his answer. Quite simply, we’ve been fooled. Those who control the flow of currency control the nation by contracting or expanding the money supply, thereby playing with inflation, employment, private ownership, supply and demand, all aspects of our economy. Pound saw no reason our nation couldn’t control the flow of its own currency, as provided for in our own Constitution. Why do we need these middle-men bankers? We don’t. We don’t need them for a damned thing.

What an inconvenient answer. Pound told it like it was. He declared,

“The usurers act through fraud, falsification, superstitions, habits and, when these methods do not function, they let loose a war…”

He was right and due to his opinionated radio broadcasts from fascist Italy, Franklin Roosevelt had him arrested for treason and imprisoned in an asylum for twelve years. Thou shalt not speak ill of thine bankers.

What did the poet say that was treasonous? Nothing, not exactly. Pound called for a return to the Constitutionally granted power of printing and regulating our own money, per article one section eight. The fact that we don’t do so is patently absurd and the interest we pay to use the Federal Reserve’s bank notes is ruining this country.

We can and we must dig ourselves out of this mess. The Federal Reserve can and must be abolished. We absolutely can and must print and regulate our own currency as proscribed in our own Constitution. We seem to have forgotten these freedoms and abilities; it’s time to remember. There is not time like the present to shake off our collective amnesia and remember who We the People are. Our founding fathers gave us the tools to create and manage a prosperous economy; we can and must pick up those tools and use them. But first, the torch and pitchfork ~ we can and must run the bankers out of Washington.


Rachel Summers
Known as the Dropout Philosopher, Rachel Summers walked away from the Ivory Tower, spent a year in a motorcycle mechanics program, and started research for her first novel, CondAmnation, in a local Harley Davidson shop. Her novels are what some have called a journey into antinomian mysteriosophy, where socially sanctioned morality is turned on its head in order to shake out just a few drops of enlightenment.

Summers holds degrees in History, Comparative Religions, English Literature, and Philosophy but ran afoul of academia when her dissertation proposal was rejected as something that might cause a scandal or, worse yet, cause the check-signing alumni to sign fewer checks. Welcomed to stay and write if she accepted a pre-approved project, she chose to leave and vowed to cause a scandal indeed, whether with pen or sword. She is currently writing her fifth novel as well as articles for the Revolutionary Conservative and Europa Sun Magazine; thus far, the sword remains sheathed. You can buy her books at https://www.amazon.com/Rachel-Summers/e/B06X3XJ5RN/