America will lose its sovereignty over fiat money
Showing posts with label Banking. Show all posts
Showing posts with label Banking. Show all posts
Friday, July 29, 2011
Tuesday, May 17, 2011
The college indoctrination fraud
In
Tuesday, April 5, 2011
America's brightest minds on the fraud of the banks
They knew and they warned us, that our downfall would not be from war from the outside but from despotism fostered by the parasites in banking becoming powerful then taking the strings as puppet-masters.
Two articles to watch and follow and continue your research.
Every American who calls themselves a patriot MUST understand the evils of banking and how the fraud of fractional reserve banking - you must understand how this is used to control this country. Thomas Jefferson knew this and warned us about banking.
America's brightest historical minds speak to you about monetary reform.
Top 10 Americans for monetary reform
“Experience, more prevalent than all the logic in the world, has fully convinced us all, that it (paper money issued directly by government) has been, and is now of the greatest advantages to the country.” – Benjamin Franklin, The American Weekly Mercury, March 27, 1729.
“The utility of this currency became by time and experience so evident as never afterwards to be much disputed.” – Benjamin Franklin, The Autobiography of Benjamin Franklin
“All the perplexities, confusions, and distresses in America arise, not from defects in their constitution or confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.” – John Adams, letter to Thomas Jefferson (1787-08-25), The Works of John Adams
“This institution (privately-owned central banks) is one of the most deadly hostility against the principles of our Constitution…suppose a series of untoward events should occur…an institution like this…in a critical moment might upset (overthrow) the government.” – Thomas Jefferson, December 1803 letter to Treasury Secretary, Albert Gallatin.
More here.
"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin . . . . Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again. . . . Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in. . . . But, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit."
- Sir Josiah Stamp
Two articles to watch and follow and continue your research.
Every American who calls themselves a patriot MUST understand the evils of banking and how the fraud of fractional reserve banking - you must understand how this is used to control this country. Thomas Jefferson knew this and warned us about banking.
America's brightest historical minds speak to you about monetary reform.
Top 10 Americans for monetary reform
“Experience, more prevalent than all the logic in the world, has fully convinced us all, that it (paper money issued directly by government) has been, and is now of the greatest advantages to the country.” – Benjamin Franklin, The American Weekly Mercury, March 27, 1729.
“The utility of this currency became by time and experience so evident as never afterwards to be much disputed.” – Benjamin Franklin, The Autobiography of Benjamin Franklin
“All the perplexities, confusions, and distresses in America arise, not from defects in their constitution or confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.” – John Adams, letter to Thomas Jefferson (1787-08-25), The Works of John Adams
“This institution (privately-owned central banks) is one of the most deadly hostility against the principles of our Constitution…suppose a series of untoward events should occur…an institution like this…in a critical moment might upset (overthrow) the government.” – Thomas Jefferson, December 1803 letter to Treasury Secretary, Albert Gallatin.
More here.
"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin . . . . Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again. . . . Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in. . . . But, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit."
- Sir Josiah Stamp
Monday, April 4, 2011
Its too late to apologize, a bit of music history
For something a little different.
"(Tyrants) have sought to disarm their own citizens, for the simple reason that unarmed people are easier to control. Our Founders, having just expelled the British army, knew that the right to bear arms serves as the guardian of every other right. This is the principle so often ignored by both sides in the gun control debate. Only armed citizens can resist tyrannical government."
"(Tyrants) have sought to disarm their own citizens, for the simple reason that unarmed people are easier to control. Our Founders, having just expelled the British army, knew that the right to bear arms serves as the guardian of every other right. This is the principle so often ignored by both sides in the gun control debate. Only armed citizens can resist tyrannical government."
- Congressman Ron Paul, June 27, 2006
Banking - the real reason for the American Revolution (and in the end WE lost as Hamiltonian politics allowed banking the upper hand AGAIN) - it was competitive banking.
(T)he real reason for the Revolution: "the colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction." - Benjamin Franklin
Banking - the real reason for the American Revolution (and in the end WE lost as Hamiltonian politics allowed banking the upper hand AGAIN) - it was competitive banking.
(T)he real reason for the Revolution: "the colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction." - Benjamin Franklin
Sunday, April 3, 2011
Bailouts and political money
Any of you remember the neocon Phil Gramm? a "former Democrat" turned "Republican" and trotted out specifically to defeat Ron Paul in 1984. If you do know about Phil and his horrible record as a neocon and his connection to the most dirty of financial market politics (including Gramm-Leach-Bliley Act) then you should be introduced to his wife Wendy from Enron...
Here is something new about the political connections with Wendy and the dirt in the Commodity Futures Trading Commission (CFTC).
Just how dirty were the bailout and the oligarchy connections, we are only seeing the top of the iceberg above the water.
Some American families are $133 a month away from Great Depression like problems – 1 out of 7 Americans receiving food assistance at an average of $133 per person.
One more crack in the oligarchy facade - overstepping the bounds and getting caught - the mortgage scam.
Here is something new about the political connections with Wendy and the dirt in the Commodity Futures Trading Commission (CFTC).
On Judge Levine's first week on the job, nearly twenty years ago, he came into my office and stated that he had promised Wendy Gramm, then Chairwoman of the Commission, that we would never rule in a complainant's favor. A review of his rulings will confirm that he has fulfilled his vow.
Just how dirty were the bailout and the oligarchy connections, we are only seeing the top of the iceberg above the water.
Some American families are $133 a month away from Great Depression like problems – 1 out of 7 Americans receiving food assistance at an average of $133 per person.
One more crack in the oligarchy facade - overstepping the bounds and getting caught - the mortgage scam.
Unless the general public starts to understand about how the banking scam works they will continue to let it "rape us ALL over a barrel".
FDR, the lie of fiat currency and the great theft by the banks
Note "fiat currency" and the lie.
Note the "federal reserve" banks lie.
Note "unreasonable demands of hoarders" lie.
Note "safety of the banks" lie.
A dollar that "will not change in buying power in future generations" lie.
The Financial Con Of The Decade, now Explained
Of course, to those familiar with the work of Austrian economists, none of this will come as a surprise.
1. Enable trillions of dollars in mortgages guaranteed to default by packaging unlimited quantities of them into mortgage-backed securities (MBS), creating umlimited demand for fraudulently originated loans.
2. Sell these MBS as "safe" to credulous investors, institutions, town councils in Norway, etc., i.e. "the bezzle" on a global scale.
3. Make huge "side bets" against these doomed mortgages so when they default then the short-side bets generate billions in profits.
4. Leverage each $1 of actual capital into $100 of high-risk bets.
5. Hide the utterly fraudulent bets offshore and/or off-balance sheet (not that the regulators you had muzzled would have noticed anyway).
6. When the longside bets go bad, transfer hundreds of billions of dollars in Federal guarantees, bailouts and backstops into the private hands which made the risky bets, either via direct payments or via proxies like AIG. Enable these private Power Elites to borrow hundreds of billions more from the Treasury/Fed at zero interest.
7. Deposit these funds at the Federal Reserve, where they earn 3-4%. Reap billions in guaranteed income by borrowing Federal money for free and getting paid interest by the Fed.
8. As profits pile up, start buying boatloads of short-term U.S. Treasuries. Now the taxpayers who absorbed the trillions in private losses and who transferred trillions in subsidies, backstops, guarantees, bailouts and loans to private banks and corporations, are now paying interest on the Treasuries their own money purchased for the banks/corporations.
9. Slowly acquire trillions of dollars in Treasuries--not difficult to do as the Federal government is borrowing $1.5 trillion a year.
10. Stop buying Treasuries and dump a boatload onto the market, forcing interest rates to rise as supply of new T-Bills exceeds demand (at least temporarily). Repeat as necessary to double and then triple interest rates paid on Treasuries.
11. Buy hundreds of billions in long-term Treasuries at high rates of interest. As interest rates rise, interest payments dwarf all other Federal spending, forcing extreme cuts in all other government spending.
12. Enjoy the hundreds of billions of dollars in interest payments being paid by taxpayers on Treasuries that were purchased with their money but which are safely in private hands.
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