| Pay The Piper! Call The Tune!
by Elan (12/22/2011)
The debt-money system generates serious problems. One of these is that private banks can create only the amount of the loan; they cannot create the money needed to pay the interest on that loan. There is never, therefore, enough money in the system. This makes growth imperative. The system must grow or die. Debt and the interest on debt grow faster than money and income because debt is the only way to create new money. If the money supply cannot keep up to the cost of debt and interest, the economy will stall. When the burden of debt exceeds the capacity of debtors to pay, or the willingness of lenders to lend, the system must fail. |  |
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| | Colombia Legalizes Medical Marijuana
by nsnbc international (01/01/2016)
Colombian President Juan Manuel Santos signed a decree legalizing the growing and sale of marijuana for medical purposes. The decree comes against the backdrop of the ongoing peace negotiations between the FARC-EP and the Colombian government and signed agreements about illicit drugs. | |
| | Uruguay’s President Rose Mujica signs Marijuana Legalization Bill
by nsnbc ìnternational (12/25/2013)
Uruguay’s President Jose Mujica has signed a bill, legalizing the cultivation and recreational use of marijuana. Mujica signed the bill into law after the Senate adopted the bill on Monday 14 December. Mujica brushed off harsh criticism from the UN’s INCB chief Raymond Yans, who had accused Mujica of not consulting with him first. An accusation President Mujica responded to by saying that the old man should stop lying and accusations of double standards. | |
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