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Main Street Versus Wall Street
Main Street is fighting back against Wall Street. But what's the next step? How do we transform raw anger into purposeful action? How do we transform the problems that occupy the agendas of public policy debate into opportunities that could revitalize our economy? While young tech entrepreneurs are all trying to create the next big thing, they're ignoring the viral growth of anger and activism that has captured the attention of America. What's wrong with this picture? Why can't we integrate the tech revolution with the Occupy Movement? Why can't we apply tech ingenuity to address systemic economic problems? Why can't we transform bits and bytes into a revolution that will change the way we a...
Wall Street Versus Main Street
Wall Street Versus Main Street is what the Occupy Movement is all about. This book describes in clear and compelling terms how "the system" favors the 1% at the expense of the 99%. It's written with the insider's knowledge of a former banker, the reportorial skills of a former Fortune Magazine reporter and the passion of someone who came to clearly understand the economic injustice of the system. Ince pulls no punches in the process. He knows that bankers have a balancing act to play because the money they create is supposed to serve both public and private purposes. But bankers don't balance their responsibility, opting for excess because they know that if they get in trouble, Uncle Sam wil...
Mitt Romney
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The Code of Common Cents
In 1776, Thomas Paine penned an incendiary pamphlet entitled Common Sense that struck a resonant chord with American colonists and became a catalyst for the American revolution. Common Sense put forth a powerful call for independence from the yoke of British tyranny. The colonists identified with Paine's clarion call for those who are oppressed, to rise up in resistance to the British attempt to colonize America. Two hundred years later a new popular movement, spawned by accentuated economic inequality, augmented by the Internet and digital technology is inexorably leading us towards a new kind of Common Cents. This book puts forth a clarion call for change - a new way of thinking that has t...
The Money Question
Our current answer to The Money Question takes the form of our money and banking system, but there is nothing but trust backing up the trillions of dollars that are the lifeblood of our economy. The system is unstable because it's dangerously concentrated. We're operating with a flawed answer to The Money Question and a reckoning is upon us. This system sacrifices the needs of Main Street to the greed of Wall Street. A better answer to The Money Question would democratize the power to create money. This would "awaken" the economy and inspire hope for millions of Americans who fear their economic future. With a parallel network of "social banks" empowered to create money, taxpayers wouldn't be on the hook for trillions of dollars in bailouts and guarantees. A new system would value what we need to create a sustainable, equitable and stable future without rewarding the speculation and creation of phantom wealth that has become the norm for the wizards of Wall Street.
I-Inspire
The time is ripe for bold thinking for systemic change in our financial system. I-INSPIRE is such a vision that democratizes the power to create money and enables a new kind of bank- a social bank- to leverage the power of doing good. I-INSPIRE is built upon a "Social Reserve Banking System" that operates parallel to and similar to Federal Reserve Banking System. I-INSPIRE enables any institution-corporate, governmental, foundation, educational, religious, nonprofit- to become certified as a social bank. Social banks have a unique power-the power to leverage the value of their existing assets by literally creating money in the form of a new, digital social currency called social dollars. The...
Meaningful Money
Money is the most powerful tool ever created by humans. With nothing more than digital accounting entries, almost 10 trillion dollars have been created out of thin air by banks. As a human construct, money ultimately doubles back upon itself and stares itself in the face, like an infinitely reflecting mirror of trust. Upon this illusion of value, the entire edifice we call the global economy has been built. It's an infinitely leveraged system built upon a fragile foundation of debt based capital flows that circulate as the lifeblood of our economy. All this money and debt has its source somewhere within the temple-like structure of the Fed and our monolithic banking centers. The way money is...
House documents
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