Midterms are really about who controls the money

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As Election Day Approaches

To allow candidates the right to respond to criticisms about their candidacy before Election Day, the last day Independent Newsmedia will publish new election-related letters online is Tuesday, Oct. 27. Candidates may submit a 150-word reply addressing criticisms only and should email them to azopinions@iniusa.org along with their name, address, contact number and the headline of the letter they’re addressing.

OPINION — Less than two weeks from Election Day, every headline is heads down: polls, turnout, which party takes which chamber. That is my disappointment with mainstream media. Perception over perspective. Superficiality over substance. Transactional thinking over strategic thinking.

Men and women of both parties are on this ballot, and the coverage treats them like a horse race: who’s up, who’s down, who said what. But look at what they are actually running for. Congress holds the power of the purse: spending, taxes, debt and oversight of the Federal Reserve. This election is about who controls the money.

My read: The world’s financial system is heading toward a restructuring, a reset in how money moves and how nations trade. Forget the labels. They obscure the truth.

Consider the absurdity. We can send an email across the planet in a second, yet sending money overseas takes days, costs fees and passes through a chain of middlemen. Make that make sense. It doesn’t, unless the old system serves those who run it.

History says to expect a slow walk. The Panic of 1907 forced the issue. A quiet 1910 meeting at Jekyll Island drafted the blueprint. The Federal Reserve Act passed in 1913, and most Americans didn’t grasp what had changed until it was done. Big financial changes rarely arrive with a press conference.

So before Nov. 3, ask a better question than “who’s winning?” Ask who will control the money, what is being built and who is explaining it to you. Paul Harvey would have told us the rest of the story. He’s gone, so we have to do the work ourselves.

Zoom out. Then vote.

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