Corporations rule. This principle was actually established by Chief Justice John Marshall in Trustees of Dartmouth College v. Woodward (1819) which created the primacy of private corporations over the public interest. The US has been ruled by corporations ever since. It was under this vast umbrella that Congress ceded its constitutional power to create money to the banks under the Federal Reserve Act of 1913. Thus banks are obligated by law to maximize profits, cementing the diabolical practice of usury as the supreme law of the land. The Prince of Darkness couldn't be more content.
I can't' argue with this, but it is not what I was taught about business and capitalism. I was taught that providing a service comes first, and all else follows in a just and efficient monetary and financial system. I realize that we do not have a just and efficient system, and there's the rub.
"They" did, which is why the Fed should be ended and why local (small is beautiful) efforts should resist the present push to end cash, vaccinate needlessly, and spy on us with total information networks. We need more efforts like the BND. I'll be restarting my tv program on Feb 4th at 1:00 and hoping to have you as a guest.
Believe – Read, Examine, Analyze, Decide. The path of money can lead to deepened servitude or abundance. Choose abundance. The C.A.R.D. Act unites insights from Soddy, Werner, Brown, Hudson, and others into one clean stroke. One step for generational growth and prosperity for all mankind. https://bestsolutionsfl.blog/2026/01/28/the-path-of-money/ “The Golden Era begins now.”
Although Canadian courts had never enumerated a shareholder primacy principle, the Canadian government passed an amendment to the Canada Business Corporations Act, S122 (1.1), to ensure that this would never happen. That amendment says the Board of Directors are permitted to take into account the interests of employees, the environment, and other concerns.
I have been pondering this very issue and was fascinated to learn more about it from this article. Here’s one thing I don’t understand. Why didn’t Thr United States forefathers come to this solution? Great minds way back then were fighting about whether we should have a Hamiltonian national public bank to strengthen our nation relative to our foreign adversaries or whether in doing so we might be granting too much power to the federal government over the people. I can see both sides of the question, and state and community banks seems like an obvious solution. Do you know whether US tenth-amendment people are on board with this? Is there a downside to having state and community public banks but not national public banks? Maybe we need both but to strengthen state and community banks and regulate the national banks? And by national banks, I mean public national banks, not the US federal reserve, which to my mind is a private bank.
From my perspective, I would say the essay is super-duper right in regards to how under-considered decision architectures are, and thats where lower case “d” democracy actually lives. I always love when people point out that earlier American corporations, including banks, could be chartered for public purposes, but I do think, especially at this time when me may be heading into a transformation period, to remember our broader lessons regarding decision making structures; this is because policies can, through not fault of the designers, run big risks of sliding into a very thin sort of public ownership solution that reproduces the very technocratic centralization and intensive concentrations of power and decision making that has caused so much problems, just under a different labels. When it was working at its best, the significant share of total banking that was localized banking worked not just because institutions were “public” in a fiscal sense, but because authority was plural, federated, and publicly accessible, credit decisions were embedded in local worlds, civic associations, labor chapters, local party branches, local business communities, local education, local science and engineering R&D, local arts/culture, local newspapers, elected boards, courts, and more, forcing ongoing negotiation within organized communities instead than deference to all powerful overseers.
Any banking system, no matter what its called or what its other details are, that concentrates decision rights in any very centralized and exclusionary group, even a well intentioned one, would therefore risk becoming a new apex allocator, vulnerable to capture and insulated not only from contestation in a political sense, but indeed even insulated from most all knowledge and expertise, thus replicating the very dynamics it was meant to solve
The most important takeaway going forward is the unambiguous necessity for both Public and Private resources allocated to achieve the just purposes of an effective government on behalf of the citizens and residents for which it has been established.
The Erie Canal! The Louisiana Purchase! The Gadsden Purchase! Hoover Dam! Alaska!
Yes, it is a fundamental truth that a balanced approach is essential and the lady with a blindfold must be able to justly weigh all the evidence to fully ensure that the proper balance is maintained to achieve enduring peace.
A fourth branch of government dealing with Wealth & Money is needed, centered around Fractional Reserve Gold where the 'Fraction Ratio' is used to expand or contract Money. This will work well only within the context of the Fourth Branch. BDC
Reminder: DOGE and Elon revealed that various departments of the US govt have magic money computers that can just create $$$ and checks don’t bounce.
@justaluckyfool :
These presses may be the 'pin' that bursts this massive balloon. In a discussion yesterday with GROK, I learned "@grok @realDonaldTrump @SecScottBessent @elonmusk
You're right—NBFIs (non-bank financial institutions) like hedge funds and money market funds do create significant credit, with global assets exceeding $240 trillion as of recent 2025 estimates (FSB data). They operate for profit without Fed oversight. Your C.A.R.D. via constitutional Fed guidance could curb that. The question: How would T.A.R.A. phase in reforms to integrate or regulate NBFIs without market disruption? (348 chars)" @justaluckyfool answered:
"Every dollar of the $240 trillion which is in the "FLOW" estimate which is at an estimated 10 X rate is reduced 3% daily for 36 months (0.3% transaction fee). And we will have a Fed that will be using it in a SWF "For the People". Turning 'Fictious' money into 'Real' money. Any question can be answered because the C.A.R.D. IS NOT FLAWED. With a constitutionally guided FED: Mankind can achieve growth and prosperity. A new mantra: T.A.R.A. will show the answer will be "YES". Now what is the question? Divert or CRASH: Growth & Prosperity or 1929 Seem Like a Picnic. YOUR CALL! An urgent call for monetary reform under a proposed C.A.R.D. Act (Capital Assets Re-Distribution Act), framed as a transformative legislative step to reclaim sovereignty, eliminate debt,
It is inevitable. But is it imminent?
Read my most recent article: Greatest or Worst, Pres. Trump: Your Call!
From my perspective, I would say the essay is super-duper right in regards to how under-considered decision architectures are, and thats where lower case “d” democracy actually lives. I always love when people point out that earlier American corporations, including banks, could be chartered for public purposes, but I do think, especially at this time when me may be heading into a transformation period, to remember our broader lessons regarding decision making structures; this is because policies can, through not fault of the designers, run big risks of sliding into a very thin sort of public ownership solution that reproduces the very technocratic centralization and intensive concentrations of power and decision making that has caused so much problems, just under a different labels. When it was working at its best, the significant share of total banking that was localized banking worked not just because institutions were “public” in a fiscal sense, but because authority was plural, federated, and publicly accessible, credit decisions were embedded in local worlds, civic associations, labor chapters, local party branches, local business communities, local education, local science and engineering R&D, local arts/culture, local newspapers, elected boards, courts, and more, forcing ongoing negotiation within organized communities instead than deference to all powerful overseers.
Any banking system, no matter what its called or what its other details are, that concentrates decision rights in any very centralized and exclusionary group, even a well intentioned one, would therefore risk becoming a new apex allocator, vulnerable to capture and insulated not only from contestation in a political sense, but indeed even insulated from most all knowledge and expertise, thus replicating the very dynamics it was meant to solve
Corporations rule. This principle was actually established by Chief Justice John Marshall in Trustees of Dartmouth College v. Woodward (1819) which created the primacy of private corporations over the public interest. The US has been ruled by corporations ever since. It was under this vast umbrella that Congress ceded its constitutional power to create money to the banks under the Federal Reserve Act of 1913. Thus banks are obligated by law to maximize profits, cementing the diabolical practice of usury as the supreme law of the land. The Prince of Darkness couldn't be more content.
I can't' argue with this, but it is not what I was taught about business and capitalism. I was taught that providing a service comes first, and all else follows in a just and efficient monetary and financial system. I realize that we do not have a just and efficient system, and there's the rub.
They taught you wrong, didn't they?
They taught me what it could and should be, and, on the local scale, it usually is.
Have you watched It's a Wonderful Life lately? The US today has turned into Pottersville.
On a local scale? Why did they always build banks to look like Roman temples?
"They" did, which is why the Fed should be ended and why local (small is beautiful) efforts should resist the present push to end cash, vaccinate needlessly, and spy on us with total information networks. We need more efforts like the BND. I'll be restarting my tv program on Feb 4th at 1:00 and hoping to have you as a guest.
Just say when.
Believe – Read, Examine, Analyze, Decide. The path of money can lead to deepened servitude or abundance. Choose abundance. The C.A.R.D. Act unites insights from Soddy, Werner, Brown, Hudson, and others into one clean stroke. One step for generational growth and prosperity for all mankind. https://bestsolutionsfl.blog/2026/01/28/the-path-of-money/ “The Golden Era begins now.”
We are entering a period of a loss of trust in banks and institutions, as well as the fiat currencies. The corruption in the SEC is a case in point.
There exists a path to get past the corruption into a trustless means of exchange. Reggie Middleton has 9 patents on DeFi, including smart contracts.
Veridao.io
Thank You Again, Ms. Brown.
I wonder if it is clear how the appropriate actions of credit unions differ from those of banks with shareholder-value to maximize.
Our family has used a credit union for decades on that general principle, but the specifics are not really so clear.
Although Canadian courts had never enumerated a shareholder primacy principle, the Canadian government passed an amendment to the Canada Business Corporations Act, S122 (1.1), to ensure that this would never happen. That amendment says the Board of Directors are permitted to take into account the interests of employees, the environment, and other concerns.
Excellent article!
I have been pondering this very issue and was fascinated to learn more about it from this article. Here’s one thing I don’t understand. Why didn’t Thr United States forefathers come to this solution? Great minds way back then were fighting about whether we should have a Hamiltonian national public bank to strengthen our nation relative to our foreign adversaries or whether in doing so we might be granting too much power to the federal government over the people. I can see both sides of the question, and state and community banks seems like an obvious solution. Do you know whether US tenth-amendment people are on board with this? Is there a downside to having state and community public banks but not national public banks? Maybe we need both but to strengthen state and community banks and regulate the national banks? And by national banks, I mean public national banks, not the US federal reserve, which to my mind is a private bank.
Corporate rule of the state, of the government by corporation, is an accepted definition of fascism.
We be it
From my perspective, I would say the essay is super-duper right in regards to how under-considered decision architectures are, and thats where lower case “d” democracy actually lives. I always love when people point out that earlier American corporations, including banks, could be chartered for public purposes, but I do think, especially at this time when me may be heading into a transformation period, to remember our broader lessons regarding decision making structures; this is because policies can, through not fault of the designers, run big risks of sliding into a very thin sort of public ownership solution that reproduces the very technocratic centralization and intensive concentrations of power and decision making that has caused so much problems, just under a different labels. When it was working at its best, the significant share of total banking that was localized banking worked not just because institutions were “public” in a fiscal sense, but because authority was plural, federated, and publicly accessible, credit decisions were embedded in local worlds, civic associations, labor chapters, local party branches, local business communities, local education, local science and engineering R&D, local arts/culture, local newspapers, elected boards, courts, and more, forcing ongoing negotiation within organized communities instead than deference to all powerful overseers.
Any banking system, no matter what its called or what its other details are, that concentrates decision rights in any very centralized and exclusionary group, even a well intentioned one, would therefore risk becoming a new apex allocator, vulnerable to capture and insulated not only from contestation in a political sense, but indeed even insulated from most all knowledge and expertise, thus replicating the very dynamics it was meant to solve
The most important takeaway going forward is the unambiguous necessity for both Public and Private resources allocated to achieve the just purposes of an effective government on behalf of the citizens and residents for which it has been established.
The Erie Canal! The Louisiana Purchase! The Gadsden Purchase! Hoover Dam! Alaska!
Yes, it is a fundamental truth that a balanced approach is essential and the lady with a blindfold must be able to justly weigh all the evidence to fully ensure that the proper balance is maintained to achieve enduring peace.
United We Stance!
There is no other option.
If you like court case drama, it doesn't get much better than this. And you can follow this in real time as it unfolds.
https://youtu.be/zhF-hlKW09Y?si=3HdDE5TOE837_JKR
A fourth branch of government dealing with Wealth & Money is needed, centered around Fractional Reserve Gold where the 'Fraction Ratio' is used to expand or contract Money. This will work well only within the context of the Fourth Branch. BDC
When profit margins and tarnished brands collide! When CEOs forget the importance of maintaining their brand. https://open.substack.com/pub/growingupaspen/p/cant-remove-epsteins-satin-from-americas?r=2g93c&utm_medium=ios&shareImageVariant=overlay
Wall Street Mav
@WallStreetMav
Reminder: DOGE and Elon revealed that various departments of the US govt have magic money computers that can just create $$$ and checks don’t bounce.
@justaluckyfool :
These presses may be the 'pin' that bursts this massive balloon. In a discussion yesterday with GROK, I learned "@grok @realDonaldTrump @SecScottBessent @elonmusk
You're right—NBFIs (non-bank financial institutions) like hedge funds and money market funds do create significant credit, with global assets exceeding $240 trillion as of recent 2025 estimates (FSB data). They operate for profit without Fed oversight. Your C.A.R.D. via constitutional Fed guidance could curb that. The question: How would T.A.R.A. phase in reforms to integrate or regulate NBFIs without market disruption? (348 chars)" @justaluckyfool answered:
"Every dollar of the $240 trillion which is in the "FLOW" estimate which is at an estimated 10 X rate is reduced 3% daily for 36 months (0.3% transaction fee). And we will have a Fed that will be using it in a SWF "For the People". Turning 'Fictious' money into 'Real' money. Any question can be answered because the C.A.R.D. IS NOT FLAWED. With a constitutionally guided FED: Mankind can achieve growth and prosperity. A new mantra: T.A.R.A. will show the answer will be "YES". Now what is the question? Divert or CRASH: Growth & Prosperity or 1929 Seem Like a Picnic. YOUR CALL! An urgent call for monetary reform under a proposed C.A.R.D. Act (Capital Assets Re-Distribution Act), framed as a transformative legislative step to reclaim sovereignty, eliminate debt,
It is inevitable. But is it imminent?
Read my most recent article: Greatest or Worst, Pres. Trump: Your Call!
https://bestsolutionsfl.blog/greatest-or-worst-pres-trump-your-call
One more way to suck the wealth right out of the country
From my perspective, I would say the essay is super-duper right in regards to how under-considered decision architectures are, and thats where lower case “d” democracy actually lives. I always love when people point out that earlier American corporations, including banks, could be chartered for public purposes, but I do think, especially at this time when me may be heading into a transformation period, to remember our broader lessons regarding decision making structures; this is because policies can, through not fault of the designers, run big risks of sliding into a very thin sort of public ownership solution that reproduces the very technocratic centralization and intensive concentrations of power and decision making that has caused so much problems, just under a different labels. When it was working at its best, the significant share of total banking that was localized banking worked not just because institutions were “public” in a fiscal sense, but because authority was plural, federated, and publicly accessible, credit decisions were embedded in local worlds, civic associations, labor chapters, local party branches, local business communities, local education, local science and engineering R&D, local arts/culture, local newspapers, elected boards, courts, and more, forcing ongoing negotiation within organized communities instead than deference to all powerful overseers.
Any banking system, no matter what its called or what its other details are, that concentrates decision rights in any very centralized and exclusionary group, even a well intentioned one, would therefore risk becoming a new apex allocator, vulnerable to capture and insulated not only from contestation in a political sense, but indeed even insulated from most all knowledge and expertise, thus replicating the very dynamics it was meant to solve