The Free Money Movement

Jim Costanzo:

Since April Fools Day 2009 I have been spending Federal Reserve Notes stamped on one side with “Free Money” and the other “Slave of Wall Street.”
Screen Shot 2015-08-11 at 2.31.56 AM

The Aaron Burr Society is dedicated to exposing the myths of Free Markets and Free Trade while challenging the integrity of Wall Street and their corporate cronies. The Society is an absurdist, conceptual artwork operating in the public sphere, building on the revolutionary traditions of the Early Modernists, Situationalist, and Fluxus movements. Though absurdist in nature, we take great pride in the accuracy of the information that we present to The People. Our goal is a progressive, sustainable re-imagining of the American Dream to be achieved by promoting a renaissance of the Enlightenment: the secular humanist principles of the American and French Revolutions–the first revolutions for universal human rights.

Screen Shot 2015-08-11 at 2.31.21 AM

Today’s Collateralized Debt Obligations and government bailouts have their roots in the founding of the American Republic. Speculation on Revolutionary War Bond followed by Treasury Security Alexander Hamilton’s two-tiered economic and tax programs were the cause of at least five armed rebellions against the American government. Hamilton’s assumption of state debts by the national government and the creation of the National Bank were part of the economic program that caused Secretary Thomas Jefferson to resign stating that Hamilton was creating an aristocracy of Wall Street speculators. Later Jefferson run for president with Aaron Burr as his vice president on a platform based of economic reform and social justice.

The Free Money Movement section of the website addresses these issues.

The video is part of a series titled Summer of Change done in collaboration with Noah Fischer. The distribution of the Washington Quarter addresses the financial speculation that lead to the rebellions mention above. Of the five rebellions previously mention, the Whiskey Rebellion was the largest; it was referendum on the Constitution that created a government ruled by a minority of white males who owned property. Bond speculation and the assumption of the state debts by the national government resulted in foreclosures that left many Americans, including veterans, without property and the right to vote.

Related Posts

Crossing Borders / Development of Diverse Artistic Strategies Introduction by Walter Mignolo Tanja Ostojić? And what is decolonially aestheSis in her work? Simply, Tanja's work unveils the logic of coloniality through the intersectionality of the European Union's politics of migration, gender, and sexuality. When Rolando and I invited Tanja to contribute...
Indigenous Youth, Standing Rock, and the Rise of Anti-Colonial Entropy Entropy (noun) 1. a process of degradation or running down or a trend to disorder 2. chaos, disorganization, randomness There is a scarcity of platforms that make space for Indigenous youth to represent themselves and speak back to the stories of risk and crisis that circulate about them. Whil...
Thirty years on: The Iranian summer of discontent "They sentenced us to thirty years of boredom, trying to change the system from within" (pace Leonard Cohen) Simple-minded Web 2.0 gurus latched on to the summer of discontent in Iran as the "Twitter revolution". But such technological determinism belies the long-existing political, cultural and se...
Happy Asexual Meets DSM   Overmedicalization, as every feminist, queer, and disability scholar knows, is a cornerstone of oppression. Yet traditional critiques of medicalization also have oppressive effects. For one thing, they typically fail to challenge stigma against sick people, preferring instead to simply move ...

Social Text Collective

Social Text is a journal.