Banker/Wall Street Governance

[PolyNewbie]

Many people still wonder why they vote for different politicians but nothing really ever changes. The reason for this is that the government really doesn't have much say in how the countries are run.

Private bankers have a near monopoly on the production of money and they are the richest people in the world. They make people like Warren Buffet & Bill Gates seem like trailer trash. The wealth of the Rothschilds has been estimated at between somewhere between 300 trillion and 700 trillion. Rockefeller is worth well over 12 trillion.

These people control society from behind the scenes. In the USA you have a choice between the Rockefeller Democrats and the Rockefeller Republicans.

The bankers only create currency that is lent money, therefore every dollar in circulation is money earning interest for bankers. The money stops earning interest when it is paid back.

Many people think that banks loan money from their deposits, this is not true. If this was true, not most people, all corporations and government could simultaneously be in debt. Bankers actually create money when it is borrowed. This mean that when someone builds a building or a bomb or a road, the banks actually profit by the amount of the project and they only have the expense of creating the money, most of which is electronic money and costs virtually nothing to create.

In economics classes in university, the creation of money is actually carefully handled and almost skipped over so that no one notices.

There are many books on this subject, The Creature From Jekyll Island is my favorite. Money by John Kenneth Galbraith says that bankers affectively control the USA but it is only given a single paragraph and the importance of the statement is not made clear in his book. This is typical establishment taught economics.

Bankers control publishing houses, the education systems all over the world, medical advances (Rockefeller bought all the cancer clinics in the 30's) and direct government policy. It is not surprising that most people do not know of the incredible power that bankers have on our society. Many neoliberal sycophant fascists on this group will deny this fact. The bankers have such a great power over our society that most people simply do not know how money comes into being.

The bankers are taking our society down a very dangerous path. Laws, military activity and the existence of detention centers parallels what happed in NAZI Germany in the 30's. Thought control is so great that many people are just waiting for Jesus to come down and save them because they do not know how society works and think dark powers are at work. Daqrk powers are at work and they have the New World Order in mind, a world government run by central bankers and the intellectual elite. They want to brebuild the world in a Straussian myth based Machiavellian society. Many employed professionals already understand this and think they will be needed in the New World Order.

If you wish to learn more and understand the direction of which our sciety is going, watch the Money Masters, a free video on Google. The Money Masters. Many other great free documentaries are on this page. Terrorstorm is also particularly good & important.

Monetary reform is the most important issue of today. Public awareness can bring about monetary reform. Education builds public awareness. Please watch the documentary - its all based on historical facts.

If we got monetary reform, power of the banks over media would dissapear and we would get the truth about other things such as global warming and all the wars. Monetary reform would transform our society. We currently pay 28 % of our income tax to private bankers.

[PolyNewbie]

The Canadian Action Party is the monetary reformist party in Canada. Due to their position on monetary reform you will never see them invited to a debate with the other banker controlled parties.

To learn more about banking, visit the Canadian Action Party website. CAP website

[Riverwind]

To learn more about banking...

I recommend that people who really want to learn about monetary policy and banking start by reading the FAQ provided by the Bank of Canada.

[PolyNewbie]

Nothing that I have quoted is contradictory to what is said on the above link or the Federal Reserve website.

They tell you the truth - just not the whole truth.

Another great source of info is the UK Reformer website, British Association for Monetary Reform

They also have a reform party. The Brits are much further along in this than US or Canada and have many websites devoted to this topic along with many very simple books written by economists.

[Riverwind]

Nothing that I have quoted is contradictory to what is said on the above link or the Federal Reserve website.

You obviously have not read the material on the BOC site. For example:

4. Why doesn't the Bank of Canada just print enough money to pay off the national debt?

Because doing so would reduce the value of our money, raise interest rates, and undermine the growth of the economy — the exact opposite of our goals.

If the Bank were to print money to repay the national debt or to finance government programs, it would be adding greatly to the amount of money in circulation. This would encourage people to spend and borrow more, and the economy would receive a temporary boost. But overall demand for goods and services would grow faster than the economy's ability to produce, and this would inevitably lead to higher inflation.

CAP seems to think that it is possible to get something for nothing: that is naive thinking.

[PolyNewbie]

Why doesn't the Bank of Canada just print enough money to pay off the national debt?

Because doing so would reduce the value of our money, raise interest rates, and undermine the growth of the economy — the exact opposite of our goals.

If the Bank were to print money to repay the national debt or to finance government programs, it would be adding greatly to the amount of money in circulation. This would encourage people to spend and borrow more, and the economy would receive a temporary boost. But overall demand for goods and services would grow faster than the economy's ability to produce, and this would inevitably lead to higher inflation.

Having the government print the money needed is no different than having the private bankers do it as they do now. Money is money and a dollar is a dollar and the holder doesn't care where it came from.

We are taxed partly to control the money supply and would be taxed to control the money supply if gov printed off the money. The only difference would be that 28 % of your income tax would not be going to pay interest demanded by private bankers.

Of course if the government just printed money to pay off the debt we would be into inflation just like the above quote says but this is a perfect example of how the powers that be can be misleading.

You can expect the usual group of government apologists to take things gov says at face value or to bend the facts but the facts of monetary reform cannot be argued against affectively even if one has only a rudimentary knowledge of the subject as I do. This is a simple concept that anyone can learn, just watch The Money Masters and read the CAP website. The CAP party has Phd's in economics and very highly experienced people developing its policies.

Riverwind:CAP seems to think that it is possible to get something for nothing: that is naive thinking.

Why are you not president of a University or a large country ? You are saying the Phd's in physics are all wrong on my 911 thread now the Phd's that determine CAP policy are all wrong wrt economics. In discussing these subjects with you, all I ever do is end up pointing out your lack of knowledge in the subject areas, even though you lack the necessary knowledge you always rush to defend the governments, war mongers and banks. Who is paying you for this ? Why don't you start asking questions like a responsible citizen instead of argueing about things you clearly do not understand ?

[PolyNewbie]

CAP just thinks we can run our economy without paying 28 % income tax to private bankers. Why should we be beholding to private bankers to mine our own natural resources and build our own country ?

The fact is that paying private bankers all this money just to print currency makes no sense at all but its the way the world works because of the power bankers have.

[Riverwind]

We are taxed partly to control the money supply and would be taxed to control the money supply if gov printed off the money. The only difference would be that 28 % of your income tax would not be going to pay interest demanded by private bankers.

The gov't must pay interest on public debt because that it only way to ensure that the gov't is accountable. A gov't that did not have to pay interest on money it borrowed would spend too much and cause the money supply to increase too fast - leading to hyperinflation. This has happened to many countries over the years. It is no coincidence that the countries with the most stable economies are also countries where gov'ts are forced to pay interested on borrowed money.

I think it is a shame that 28% of our taxes goes to pay interest - however, that problem must be solved by cutting gov't spending and paying back the debt. The problem cannot be solved by creating inflation.

[M.Dancer]

No surprises here

[PolyNewbie]

Riverwind:The gov't must pay interest on public debt because that it only way to ensure that the gov't is accountable.

The government should be accountable to voters not private internationalist bankers. If the bankers were not financing government they would not have the profits to control media and education and the public would be better educated in government policies. Economics would be taught correctly and if we had monetary reform our educational system would be used to educate all students of these perils.

If the government caused hyperinflation, people would be pointing that out in various uncontrolled media outlets and people would become aware and vote them out.

There is no advantage in having governments answer to private bankers except for the private banker agenda.

[PolyNewbie]

Riverwind:This has happened to many countries over the years. It is no coincidence that the countries with the most stable economies are also countries where gov'ts are forced to pay interested on borrowed money.

Any governemnt that ries to nationalize its banks gets into a war with the USA. Awareness of monetary reform must occur globally so that people are aware of whats going on and war can be prevented.

If Canada nationalized its banks tomorrow we would eb at war with the USA by Monday and labeled as a rouge nation. All the rogue nations are nations that are not under control by private banks now. Awareness of this leads to more opposition to wars and more opposition to controlled media that sells the wars. The media outlets go out of business because people realize they are nothing more than tools of propoganda. This is already happening. TV news is losing while alternative internet media is gaining.

[Riverwind]

If the government caused hyperinflation, people would be pointing that out in various uncontrolled media outlets and people would become aware and vote them out.

Once hyperinflation starts it is next to impossible to stop - even if another group of politicians are elected. So we cannot afford to take the risk. We need a system that is self correcting. Forcing the gov't to pay interest like everyone else is an excellent way to ensure govts are accountable for what they spend.

[PolyNewbie]

Riverwind:Once hyperinflation starts it is next to impossible to stop - even if another group of politicians are elected. So we cannot afford to take the risk. We need a system that is self correcting. Forcing the gov't to pay interest like everyone else is an excellent way to ensure govts are accountable for what they spend.

So you are saying that it is better for governments to be accountable to private bankers than their public constituents. That is rediculous.

What is to stop private bankers from implementing bad policy ? What is there to guarentee private bankers implement policy that is beneficial to the country rather than themselves ?

Do you not understand that the current system at some point must fail ? Its a mathematical fact and because the system must fail it is not being managed in our interest by the private bankers.

[guyser]

I take it you must be the resident "conspiracy theorist"?

Yea...the Banks can just print money. How does it work? Does Mr Bank Pres just get on the phone and call Joe downstairs and yell "Joe...need a couple mil , make 'em in 100 dollar bills."

Besides you got it wrong, it is all a jewish cabal that controls the world, dont you listen to Mel Gibson?

Oh and American banks are VERY envious of what CDN banks can do.

[Jean_Poutine]

The Canadian Action Party is the monetary reformist party in Canada. Due to their position on monetary reform you will never see them invited to a debate with the other banker controlled parties.

To learn more about banking, visit the Canadian Action Party website. CAP website

I saw your previous post about the Canadian Action party, but didn't get around to replying to it. To be frank, to suggest that a comic is going to accurately explain economics is absurd. Further, what the Canadian Action Party isn't telling you is that they are arguing for Keynesian economics. It comes as no surprise, therefore, that they take a shot at Milton Friedman. However, John Keynes' main adversary was Friedrich von Hayek, and no, it's not about "fad economics". It's a battle of ideas that's been around a long time. I'd say that the CAP's argument is very disingenuous.

If you really want to learn more about it, I would highly recommend this documentary instead: Commanding Heights

It has three parts that are each divided into chapters, and you can watch the whole thing online. In total, it's about 6 hours in length.

It's great to want to learn more, and the internet makes it easy to access information, but there's nothing to filter out crap. Therefore, it's important to be aware of bias, and you will not find more bias anywhere else than a political party web site.

[PolyNewbie]

guyser:Yea...the Banks can just print money. How does it work? Does Mr Bank Pres just get on the phone and call Joe downstairs and yell "Joe...need a couple mil , make 'em in 100 dollar bills."

Essentially thats it, but they don't do it because it would drive the economy into hyper inflation and collapse it and they would not be able to collect on their loans. They did this in the 20's to cause the great depression and accumulate hard assets with foreclosures.

I don't deal in conspiracy theories, I deal in fact only.

You must be another government apologist that will always make excuses for governments, no matter what they do.

[guyser]

I don't deal in conspiracy theories, I deal in fact only.

You must be another government apologist that will always make excuses for governments, no matter what they do.

Okay.....but I took off my tin foil hat a long time ago.It was messing with my new 'do

[PolyNewbie]

Everything I say about the banks is verifiably true in documentation and in history. How the banks operate is information that is out there, its just carefully hidden and carefully stated.

[guyser]

Everything I say about the banks is verifiably true in documentation and in history. How the banks operate is information that is out there, its just carefully hidden and carefully stated.

And of course all the media in the nations, both here and the US , have no clue as to what is going on, but you of course have the insight that no else does.

And all the disgruntled bank Exec's who may have been screwed in the past decide to keep their mouth shut.

And all the investigative journalists who could hang their shingles on the story of the millenium have decided not to do so.

And the bank of canada called the banks and said, here are some templates for you to print that money.

So everything you say is true? Please show us where the money is printed , or how it is done.

Tin foil hats for sale.....cheap.

[M.Dancer]

I don't deal in conspiracy theories, I deal in fact only.

Uh huh...and 9.11 was a US government plot......

[guyser]

I don't deal in conspiracy theories, I deal in fact only.

Uh huh...and 9.11 was a US government plot......

Thats a polynewbie started thread too?

Oh my.

[PolyNewbie]

M.Dancer:Uh huh...and 9.11 was a US government plot......

No, I show that 911 had a severe energy deficit if the official version is correct. The buildings could not collapse that way unless there were bombs. If this is fact (which it has been proven many times) then the only logical conclusion is that government was in on it because no one could set this up without government co operation and governments are known throughout history for doing things like this to get people to want war.

[guyser]

M.Dancer:Uh huh...and 9.11 was a US government plot......

No, I show that 911 had a severe energy deficit if the official version is correct. The buildings could not collapse that way unless there were bombs. If this is fact (which it has been proven many times) then the only logical conclusion is that government was in on it because no one could set this up without government co operation and governments are known throughout history for doing things like this to get people to want war.

And nobody, not one single soul, has had a turn of conscience to come out and tell us great unwashed that the Gov was involved.Among the thousands that would be involved , none of them want to talk?

Just how does one get in this secret pipeline of info you have?

[PolyNewbie]

guyzer:And nobody, not one single soul, has had a turn of conscience to come out and tell us great unwashed that the Gov was involved.Among the thousands that would be involved , none of them want to talk?

First of all the government involvement has come out in congressional hearings. Cheney repeatedly gave a stand down order for defences for the White House and Pentagon after the towers were hit. He did not want defences up for the Pentagon.

Many others have come out, colonels from the Pentagon see "seven hours in September" and hear what the colonel has to say about 911.

As far as thoudsands of people being involved, that is your assumption. Also intelligence experts here also think it was an inside job. Read through this list.

Intelligence operations run on a need to know basis. Many people would not know why they are doing what they are doing and would resist connecting dots to 911 - look at all the people that got killed after the Kennedy assasination.

911 is a separate but related topic, pls post your comments on my 911 thread in US politics.

[guyser]

Polynewbie, if you want to say that the Commission was a white wash, and or did not address some specific concerns , well fine, I wont argue the point.

And yes, for the Gov to have done this would take thousands to know and be able to implement .

THAT I will not believe.