The Right One Posted April 1, 2012 Report Posted April 1, 2012 (edited) now we are down to 3. In 2000 the countries without banks were: Afghanistan Iraq Sudan Libya Cuba North Korea Iran Then the terrorist attacks and subsequent wars took Afghanistan and Iraq off that list. Today the three countries are: Cuba North Korea Iran Interesting, same countries we think are evil? Edited April 1, 2012 by The Right One Quote
bleeding heart Posted April 1, 2012 Report Posted April 1, 2012 now we are down to 3. In 2000 the countries without banks were: Afghanistan Iraq Sudan Libya Cuba North Korea Iran Then the terrorist attacks and subsequent wars took Afghanistan and Iraq off that list. Today the three countries are: Cuba North Korea Iran Interesting, same countries we think are evil? So...we've got international banking conspiracies here; and elsewhere remarks about the Jews.... I have little doubt they all tie together, yeah? This stuff is old, bigoted, and long-past discredited, m' man. Quote “There is a limit to how much we can constantly say no to the political masters in Washington. All we had was Afghanistan to wave. On every other file we were offside. Eventually we came onside on Haiti, so we got another arrow in our quiver." --Bill Graham, Former Canadian Foreign Minister, 2007
Guest Peeves Posted April 1, 2012 Report Posted April 1, 2012 (edited) now we are down to 3. In 2000 the countries without banks were: Afghanistan Iraq Sudan Libya Cuba North Korea Iran Then the terrorist attacks and subsequent wars took Afghanistan and Iraq off that list. Today the three countries are: Cuba North Korea Iran Interesting, same countries we think are evil? Obviously the source is questionable, the subject line a lie and the poster fits a certain category of anti- Edited April 1, 2012 by Peeves Quote
Jack Weber Posted April 1, 2012 Report Posted April 1, 2012 now we are down to 3. In 2000 the countries without banks were: Afghanistan Iraq Sudan Libya Cuba North Korea Iran Then the terrorist attacks and subsequent wars took Afghanistan and Iraq off that list. Today the three countries are: Cuba North Korea Iran Interesting, same countries we think are evil? What are your feelings on the Nuremburg Laws,Kristalnacht,and,the "righteousness" of one Adolph Hitler? Quote The beatings will continue until morale improves!!!
dre Posted April 1, 2012 Report Posted April 1, 2012 (edited) People shouldnt be so fast to dismiss this. The reality is that the global fiat empire has way more power than most people believe, and it represents the internationalization of economic power. The real issue here is economic control, and the fact that governments have surrendered their constitutional responsibility to manage coin and credit to private individuals. Because of certain attributes of the fractional reserve system this has resulted in a requirement for exponential economic growth which must happen regardless of the strain it puts on both people and resources. Furthermore modern banking is in every way predicated on a simple act of fraud. Banks charge interest on loaning out money that they do no posess by simply creating it out of thin air. This is known as counterfeiting, and it would land either you or I in prison. Heres an example of the scam in action based on bank of canada numbers. Assuming a reserve ratio of 1:10 the table below shows how $100 of interest-free government created money (GCM), i.e. cash, is used by the banking system to create $900 of interest-bearing bank-created money (BCM) in the form of loans. The reserve ratio is the ratio of cash reserves (GCM) to deposits (mostly BCM). In our example the banking system consists of 50 banks, but the money creation process would be essentially the same for any number of banks from one to infinity. (Note that if the system contained only one bank that bank could create $900 in loans immediately.)Modern accounting uses double entry book keeping where liabilities and assets are kept exactly equal. A bank’s liabilities are its deposits. Its assets are its loans (including bonds which are loans to government) and its cash reserves. Here is how the banking system creates money. In column 1 $100 of cash is deposited in Bank 1. Bank 1 creates a $90 loan in the form of a deposit as shown in column 2. This deposit is pure BCM and, because it must be paid back with interest, is an asset. With a reserve ratio of 1:10 the bank puts aside $10 in cash (column 3) to meet cash demands from the person who deposited the $100. The remaining $90 in cash covers the $90 loan. The borrower proceeds to write cheques on his $90 deposit and these cheques get deposited in Bank 2. For these cheques Bank 2 demands and gets cash from Bank 1 until eventually all $90 ends up in Bank 2. (Naturally in real life more than two banks are involved. Thus the transactions are not so simple and orderly as they must be here for explanatory purposes, but everything comes out in the wash to give exactly the same result.) However the original $100 deposit still stands to the credit of the depositor (a liability for Bank 1) even though $90 of it has moved on to Bank 2. And the $90 loan Bank 1 created when it first received the original $100 deposit also stands (an asset for Bank 1). Banks 2, 3, 4, etc. then repeat this process eventually creating $900 of BCM in the form of loans (as shown in column 2) and dispersing the original $100 as cash reserves throughout the banking system (as shown in column 3). Note that $900 of the $1000 of deposits in column 1 is BCM, i.e. credit created by the banks in the form of loans. (Banks make loans by “depositing money” in your account which you must pay back with interest. Thus they are loan/deposits.) Only the original $100 cash deposit is GCM. One other point. As a loan/deposit gets spent, a deposit in some other bank grows in inverse proportion. Thus the banks have increased the money supply by $900 and not by $1800. That would be double counting. The important points, however, are as follows: this ingenious system is called fractional reserve banking; it creates debt for the sole purpose of enriching the banking class; it is a subtle form of theft; historically it was condemned as a form of usury. Like most people I used to think that banks lent money... seems pretty intuitive... people deposit money in the bank, the banks loan out that money at interest and split the interest with the depositor. Makes good sense... but thats not what happens. The fight for this economic control has gone on for centuries, and a lot of prominent people have tried to warn us about these global parasites and the incredible ammount of power we have surrendered to them. I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs. Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of sovereignty of Parliament and of democracy is idle and futile... Once a nation parts with control of its credit, it matters not who makes the nation’s laws... Usury once in control will wreck any nation. Even people from within the banking system itself have tried to warn us. Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of the pen, they will create enough money to buy it back again... Take this great power away from them and all the great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in... But, if you want to be the slaves of the bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit. We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon. It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance. Whoever controls the volume of money in any country is absolute master of all industry and commerce. A great industrial nation is controlled by it's system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world--no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men." You can dismiss all these people as conspiracy theorists if you choose, but you will only be fooling yourselves. None of you even understands the basic tennets of how our banking system works. The commonly held perception of what banks are and what they do is completely wrong and banks havent operated in the way you think they do for hundreds of years. Spend a little bit of time researching the global banking system, and how it works, and I GUARANTEE you will be utterly shocked. The power to issue coin and credit dwarfs both the democratic power excersized by people and the power of the governments they elect, and desperate attempts to prop up the global fiat empire have our economy on the brink of total collapse. Edited April 1, 2012 by dre Quote I question things because I am human. And call no one my father who's no closer than a stranger
Jack Weber Posted April 1, 2012 Report Posted April 1, 2012 People shouldnt be so fast to dismiss this. The reality is that the global fiat empire has way more power than most people believe, and it represents the internationalization of economic power. The real issue here is economic control, and the fact that governments have surrendered their constitutional responsibility to manage coin and credit to private individuals. Because of certain attributes of the fractional reserve system this has resulted in a requirement for exponential economic growth which must happen regardless of the strain it puts on both people and resources. Furthermore modern banking is in every way predicated on a simple act of fraud. Banks charge interest on loaning out money that they do no posess by simply creating it out of thin air. This is known as counterfeiting, and it would land either you or I in prison. Heres an example of the scam in action based on bank of canada numbers. Like most people I used to think that banks lent money... seems pretty intuitive... people deposit money in the bank, the banks loan out that money at interest and split the interest with the depositor. Makes good sense... but thats not what happens. The fight for this economic control has gone on for centuries, and a lot of prominent people have tried to warn us about these global parasites and the incredible ammount of power we have surrendered to them. Even people from within the banking system itself have tried to warn us. You can dismiss all these people as conspiracy theorists if you choose, but you will only be fooling yourselves. None of you even understands the basic tennets of how our banking system works. The commonly held perception of what banks are and what they do is completely wrong and banks havent operated in the way you think they do for hundreds of years. Spend a little bit of time researching the global banking system, and how it works, and I GUARANTEE you will be utterly shocked. The power to issue coin and credit dwarfs both the democratic power excersized by people and the power of the governments they elect, and desperate attempts to prop up the global fiat empire have our economy on the brink of total collapse. Creating money out of thin air and then charging interest on it is'nt just counterfeiting...It's called usury...And it's not only illegal,it's a Biblical sin...But,for whatever reason,they get away with it... You have a cogent point,however,that I don't entirely disagree with...The OP,unless I miss my guess,was aiming at a tired old "Jews want to control the world!!!" conspiracy theory... Quote The beatings will continue until morale improves!!!
dre Posted April 1, 2012 Report Posted April 1, 2012 (edited) Creating money out of thin air and then charging interest on it is'nt just counterfeiting...It's called usury...And it's not only illegal,it's a Biblical sin...But,for whatever reason,they get away with it... You have a cogent point,however,that I don't entirely disagree with...The OP,unless I miss my guess,was aiming at a tired old "Jews want to control the world!!!" conspiracy theory... I cant comment on what motivates the OP. I think that some bankers are jews... but I certainly wouldnt characterise the global banking scam as a "jewish conspiracy"... most jews have nothing at all to do with it, and its a lot bigger than any religion, nation, or ethnic group. I got interested in this a couple of years ago, and I started doing a lot of reading on the banking system and how it works. And im not talking about conspiracy Im talking about publications from various central banks themselves, and various economists. Its not really a big secret. I was shocked because at the time I had the same perception that the vast majority of people have today. I thought banks lent money!!! But they dont... they create money based on the borrowers promise to pay it back. Which means that money is backed entirely by the borrowers reputation and his ability to product and trade goods and services from income with which he can repay the loan. He should not pay "interest" only a modest fee to administrate the loan, collect payments, etc. But the most sinister part of the scam is explained in my post above. When the banks create new money only the principle enters the money supply, not the interest. What that means is that there simply isnt enough money in existance to repay all the loans, unless the economy grows at about 3% and theres a fresh supply of new borrowers. Now... 3% growth sounds like a nice sustainable stable number but its not. It creates an exponential growth curve. That curve looks something like this.... http://t2.gstatic.com/images?q=tbn:ANd9GcQitStMoRvf88UDnIwHljGmlUiNEuBLdYfFsaUB9Ch9qEbFKD8 Each year that 3% represents an exponential increase in the ammount of resources that must be depleted in order to keep enough new money in the system to avoid massive defaults. This is why you now have bankers making unsolicited phonecalls and sending you dozens of pre approved credit documents etc. And thats why interest rates are so low. They are practically BEGGING you to borrow more money, because if people stop borrowing there wont be ANY MONEY AT ALL, because 95% of the money supply was loaned into existance by commercial banks. Edited April 1, 2012 by dre Quote I question things because I am human. And call no one my father who's no closer than a stranger
bush_cheney2004 Posted April 1, 2012 Report Posted April 1, 2012 .... They are practically BEGGING you to borrow more money, because if people stop borrowing there wont be ANY MONEY AT ALL, because 95% of the money supply was loaned into existance by commercial banks. Well that certainly isn't true, as money includes many things besides currency and bank ledgers. I will trade you one goat for six chickens. Quote Economics trumps Virtue.
Rocky Road Posted April 1, 2012 Report Posted April 1, 2012 see chris martenson at chrismartenson.com on this subject. he is an activist trying to raise awareness. Quote
DogOnPorch Posted April 1, 2012 Report Posted April 1, 2012 Well that certainly isn't true, as money includes many things besides currency and bank ledgers. I will trade you one goat for six chickens. Me: That's outrageous! Throw in the pig and its a deal. Farmer: The wife? Yuk, yuk... Quote Nothing cracks a turtle like Leon Uris.
dre Posted April 1, 2012 Report Posted April 1, 2012 see chris martenson at chrismartenson.com on this subject. he is an activist trying to raise awareness. I've read/viewed pretty much all of his analysis. He gets most things right, and will tell you pretty much exactly what I posted above. The problem is hes a pundit, so I would augment that by reading publications from the central banks themselves. I highly recommend this publication by the Boston Fed... http://books.google.ca/books/about/Putting_it_simply_the_Federal_Reserve.html?id=c5MIGwAACAAJ&redir_esc=y Quote I question things because I am human. And call no one my father who's no closer than a stranger
Jack Weber Posted April 1, 2012 Report Posted April 1, 2012 Me: That's outrageous! Throw in the pig and its a deal. Farmer: The wife? Yuk, yuk... We're talking abou the global financial system... Not how they barter for things in Chicklaw,Mississippi... "Ah'll tayk three chikinz for six uv mah pahz an uh jug of mah corn wiskee!"... Quote The beatings will continue until morale improves!!!
dre Posted April 1, 2012 Report Posted April 1, 2012 We're talking abou the global financial system... Not how they barter for things in Chicklaw,Mississippi... "Ah'll tayk three chikinz for six uv mah pahz an uh jug of mah corn wiskee!"... Just ignore them... they clearly have nothing to add and seek to derail the thread. If you encourage them, we will end up having to wade through pages of posts about chickens in order to find posts relevant to the topic at hand. Quote I question things because I am human. And call no one my father who's no closer than a stranger
Jack Weber Posted April 1, 2012 Report Posted April 1, 2012 Just ignore them... they clearly have nothing to add and seek to derail the thread. If you encourage them, we will end up having to wade through pages of posts about chickens in order to find posts relevant to the topic at hand. What you got against chickens?? Quote The beatings will continue until morale improves!!!
DogOnPorch Posted April 1, 2012 Report Posted April 1, 2012 We're talking abou the global financial system... Not how they barter for things in Chicklaw,Mississippi... "Ah'll tayk three chikinz for six uv mah pahz an uh jug of mah corn wiskee!"... Oddly, it's a system that works. Avoids taxes, too. Quote Nothing cracks a turtle like Leon Uris.
DogOnPorch Posted April 1, 2012 Report Posted April 1, 2012 Just ignore them... they clearly have nothing to add and seek to derail the thread. If you encourage them, we will end up having to wade through pages of posts about chickens in order to find posts relevant to the topic at hand. Derail a thread about Jews controling the World's banking and media? Jack's right. What have you got against chickens? Quote Nothing cracks a turtle like Leon Uris.
Jack Weber Posted April 1, 2012 Report Posted April 1, 2012 Oddly, it's a system that works. Avoids taxes, too. Until the revenuers come lookin' for ya'... Ask Junior Johnson about doin' time for runnin' 'shine.... Quote The beatings will continue until morale improves!!!
DogOnPorch Posted April 1, 2012 Report Posted April 1, 2012 Until the revenuers come lookin' for ya'... Ask Junior Johnson about doin' time for runnin' 'shine.... That's what the ol' 56 Studebaker is fer. Quote Nothing cracks a turtle like Leon Uris.
Jack Weber Posted April 1, 2012 Report Posted April 1, 2012 Derail a thread about Jews controling the World's banking and media? Jack's right. What have you got against chickens? Actually,dre got it back on track talking about the usurious nature of the global financial system... The OP had a different line of thinking...I think? Quote The beatings will continue until morale improves!!!
Jack Weber Posted April 1, 2012 Report Posted April 1, 2012 That's what the ol' 56 Studebaker is fer. Studebaker?? That's for carryin' eggs!!! Junior raced a '56 Caddy for a time...er....Tahm... Quote The beatings will continue until morale improves!!!
DogOnPorch Posted April 1, 2012 Report Posted April 1, 2012 Studebaker?? That's for carryin' eggs!!! Not when shez got a belly of the moonshine. Junior raced a '56 Caddy for a time...er....Tahm... Wendell Scott. Quote Nothing cracks a turtle like Leon Uris.
dre Posted April 1, 2012 Report Posted April 1, 2012 Oddly, it's a system that works. Avoids taxes, too. Well... direct barter works but not very well. Thats why the technology of money was invented. And the reality is that the government precludes direct barter from ever being a large part of the economy through the use of legal tender laws. A poultry provider can exchange their chickens for a goat if they want to, but if they refuse to accept fiat dollars in trade for chickens they can be rounded up and thrown in jail. Read about Robert Kahre. He attempted to trade gold and silver coins for contract labor... Hes rotting in a federal prison. Quote I question things because I am human. And call no one my father who's no closer than a stranger
DogOnPorch Posted April 1, 2012 Report Posted April 1, 2012 Well... direct barter works but not very well. Thats why the technology of money was invented. No kidding? So we can expect no chickens for the goat from you? Quote Nothing cracks a turtle like Leon Uris.
Jack Weber Posted April 1, 2012 Report Posted April 1, 2012 (edited) Not when shez got a belly of the moonshine. Wendell Scott. Wow...This is completely off topic now... Wendell Scott drove a Studebaker?? I did not know that...I knew he was an independent who fielded Fords for a while and then Chevy's(Howard's Furniture Chevy/Ford)...Darrel Waltrip stooged for him in the pits for a while in the '60's at Nashville... Scott had his only win at Jacksonville,Florida (1963) sort of taken away from him because the promoter thought a black man on the victory podium might cause a race riot... They let 2nd place take the trophy and gave it to Scott the next day... Edited April 1, 2012 by Jack Weber Quote The beatings will continue until morale improves!!!
Jack Weber Posted April 1, 2012 Report Posted April 1, 2012 Well... direct barter works but not very well. Thats why the technology of money was invented. And the reality is that the government precludes direct barter from ever being a large part of the economy through the use of legal tender laws. A poultry provider can exchange their chickens for a goat if they want to, but if they refuse to accept fiat dollars in trade for chickens they can be rounded up and thrown in jail. Read about Robert Kahre. He attempted to trade gold and silver coins for contract labor... Hes rotting in a federal prison. There's a very strange guy in Ontario who sells birds of prey for pets that only takes pieces of silve and gold (the equivalent in items...Fridges,ATV'setc.)in exchange... I'll try to find the website... Quote The beatings will continue until morale improves!!!
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