November 12, 2005 journal, fundamental
Christians caught up in a political underground, both leading parties stink to
high heaven with massive corruption burdens to carry around.
Decent
people distance themselves from Washington down to local governments, city
hall.
The
Black Site prisons have officially come to light and they know where they are
located.
Some
members of Congress are acting with outrage over the secret funding of the
prisons.
Our
government has been hijacked and are serving foreign
interest to our doom. Watch it now as it all crumbles. It is time to separate
from this monster beast and identify our own enemy. It is so clear that there was a conspiracy to
takeover Iraq and to build permanent
military bases in favor of Israel. Can you not see now why nine 1 one was so
necessary?
More
recent cabinet members have already resigned this administration as seeing it
wrong.
We
can hide our heads in the sand or we can face up to the criminal element that
has full control of this government and is using blood money to fuel the
objective toward Babylon.
Government
is our enemy on every level in every state.
It is not your money spending on the highways to make them better to
monitor you with, is the fiat money they are printing. Part 2
of our money system by Stephen Yates, "The Biggest Swindle in the history
of the West!" It's important
to read in The Times Examiner November 2 "Correct this sentence from part
1 on Rothbard's case against the Fed.... "Why a
genuinely free society does not need a central bank". "If the
American people ever allow private banks to control the issue of their
currency, first by inflation, then by deflation, the banks and corporations
that grow up around them will deprive the people of their property until their
children wakeup home-less on the continent their father's conquered.... I
believe the banking institutions are more dangerous to our liberties than
standing armies." Thomas Jefferson.
Local real-estate tax is out of control and is threatening every
household with loss of their home. This
nation all but Oregon, has imposed sales taxes
which continually excel in percentage.
Then you have depressions such as is reported on Wal-Mart paying an
average wage of $7 per hour to most of their 1.3 million employees while their
CEO is paid 27 million pa. and
the Wal-Mart principles nearly as much reported to be 100 million total per
annum. Oil companies stole from people $100 billion in one quarter of the year,
it continues in a corporate world.
This
paper fools gold will soon be worthless, the
oppressive printing presses will be silent.
"The
best account of the "Bankster's", as one
might call them, is still G. Edward Griffin's The Creature From
jackal Island. Another useful item is
downloadable from the Internet under the title I Want the World Plus 5%.
Although Griffin's main focus is the Federal Re-serve System, he
offers a compelling account of how the invention of fractional reserve banking
empowered men whose subsequent influence usually went unmentioned in stand-ard histories. Early Goldsmiths, the first of bankers,
stored precious-metals for customers for a fee, and they issued their customers
a certificate. This made perfect sense;
a certifi-cate was much easier to carry around than a
bar of goal. These certificates became the
1st currency. Bankers then noticed that
few customers ever withdrew all their gold at once; actual withdrawals never
exceeded around 10%. They realized they
could use certificates to issue loans as well as store coins. Griffin explained, "They said
it was a pity for all that coin to just sit idle in their vaults. Why not lend it out and earn a profit which
then could be split between themselves and their depositors? Put it to work, instead of merely gath-ering dust".
(Creature, page 165). It seems safe to write certificates loaning
out 80% to 90% and charging the recipients a fee: what became known as
interest. What had happen-ed? The early
bankers had discovered how to create money out of nothing. They became the first "Bankster's". To
make this clearer, let's illustrate. Suppose we're playing poker at Paul’s house,
with Paul acting as banker. There are 7
of us, and we’ve each given Paul 20 dollars for 20 poker chips.
So-Paul’s cash box contains $140.
Any of us can leave the game any time we want, and exchange each of our
poker chips for a dollar. We're enjoy-ing the game, so no one leaves. The $140 remains in the
box. The poker chips are funct-ioning as backed
currency for the supposes of the game. It is being held in escrow, one might say. Now suppose Paul’s brother shows up, he wants
to borrow some money. Su-ppose Paul lends him $120 from the box, strictly speaking, of course, Paul has no right to lend Peter that
money. He ought to obtain an additional $120
to loan Peter that money, or use $120 of his own money. Paul cannot lend Peter $120 from the box and
still consider the poker chips to retain their value as backed currency. If he loans Peter $120 anyway, this leaves
just $20 in the box. He has debauched the
value of the poker chips, and also placed himself in
an awkward position should both I and a companion wish to leave and both of us
want back a total of more than $20. Paul
would have to default on his contract which was to keep our money is safe for
the duration of our participation in the game.
A bank that defaults on its contract fails. The
banker is out of business. Back to those early bankers. They stored shall we say, $140 in gold from 7
customers all depositing $20 in gold and issued $140 in the form of 7 certificates,
each stating their exact value: $20. The certificates might even say, will pay
to bearer on demand $20. Now would be borrowers appear. A banker decides to
“put his money to work". He issues additional $20 certificates up to $120
of what he has in his vault, under the assumption that the original customer's
will not want all of their gold back all at once. Do this arithmetic and we see
that the bank-er has issued certificates totaling $260,
the original 140 plus $120 in loans. This despite his having just $140. He has created the other $120 out of thin air,
exnihilo, as God has cre-ated
the world, only our banker is not God, and his certificates are no longer fully
backed by gold or God's precious metals.
They are being accepted and used as if they were. By borrowers who suspect nothing. They have because fractional money. The worth of the gold behind them is a
fraction of their total value. The
actual worth of any particular cert-ificate is
therefore a fraction of its original worth.
The supply of certificates in circulation has been artificially
inflated. The borrower believes, of course, that he can redeem his cert- ificates for their face value; he is being charged interest
on their full face value! The banker collects the profit. He can extend the
loan indefinitely, collecting more profit. This is fract-ional
reserve banking, and if we understand fractional reserve banking, we can
understand the basis for the greatest swindle in history of Western civilization-and
why the founding fathers empowered Congress (not bankers) to coin money and
regulate the value thereof.
The bankers, of course, adopted the motto, "Tell
no one". The process became a trade
se-cret, beginning the cloak of secrecy that has
surrounded international investment banking ever since. It doesn't always work. Banks did fail. But if owners of large banks feel safe lending
out and charging interest on more & more certificates, the fraction that
represents the real value of certificates shrinks until it approaches zero-in
which case the certificates are completely off the original gold standard. As Griffin puts it in the (Creature page 169) fractional of
money will always deteriorate into fiat money.
It is but Fiat money in transit-ion". Fiat money is just unbacked paper money, protected by legal tender laws
compelling citizens to use it as real money and mandating of severe penalties
for anyone who doesn't. The temptation of fractional of money is just the
temptation of easy money: the lure of un- earned wealth. Things began to get nasty when European
bankers began loaning huge sums of fractional money to governments. The 2 started working together in the late
1600's, with a government granting a charter to a group of “monetary scientist"
to start a bank and giving it a monopoly.
The bank then created fractional money and loaned it to the government
as needed. Thus was invented central
banking. Central Bankers could easily
generate enough “revenue” to bankroll wars by manufacturing money for govern-ment use as much as it needs! The bankers got rich and enjoyed government
protections. After all, the central banks
must not under any circumstances be allowed to fail! Thus the central bank by definition operates
outside the confounds of a free market. The most fam-ous
family of central bankers, of course, is the House of Rothschild, founded in Frankfurt, Germany by Mayer Amschel Bauer who
changed his last name to Rothschild, and whose 5 sons Amschel,
Michelle, Solomon, Nathan, Kalmann (Karl) and Jacob (James)-became
the first prominent internationalist.
Each was placed in charge of a central bank in one of the 5 centers of
influence: Amschel in Frankfurt, Solomon in Vienna, Nathan in London, Karl in Naples and James in Paris. Working
closely together, they became the most powerful bloodline in 1800's Europe. M.A. Rothschild had said, "Give me
control over a nation's currency and I care not who makes its laws”. His sons worked closely together. Solomon
wrote Nathan in 1815, "We are like the mechanism of a watch: every part is
essential". One cannot study the House of Rothschild without getting a whiff
of sulfur. Rumors abounded that the
Rothschild’s were closet Satanists. Be this as it may, they, manipulated kings
and governments at will. Any one who got
out of line found himself in the midst of a
spectacularly nasty war. The Rothschilds despised
laissez-faire economics. They realized it implied absent of indebtedness to the
banks. They did not want financial
independence. They wanted the cattle
(their view of us ordinary moral) tied to wage slavery and subject to authoritarian
regimes-bankrolled by their henchmen of course.
It stands to reason they would ha-te America, and set about to bring her down. A book entitled the coming battle: The True
History of Our National Debt, originally published
around the last turn-of-the-century and recently rescued from oblivion by Paul
Walter. Publisher of the <newswith views.com> commentary site, documents our
governments furious struggle to rein in power hungry bankers throughout the
1800's. Yet with the
rise of corporate empire's like those of Morgan, Rockefeller and Carnegie (all
recipients of Rothschilds assistance), and the
growing influence of “moneys power" on the federal government, the
struggle was lost in 1913. The day before Woodrow Wilson signed a
Federal Reserve Act, Congressman Charles A. Lindbergh Sr. (father of famous
aviator) told the House, "This act establishes the most gigantic trust on earth,
when the president signs this bill, the invisible
government by the money power will be legalized". In this way 1913 is a pivotal year in U.S. history. That
is the year the incipient shadow government controlled by the banking cartel assum-ed control over the American financial system and
therefore over the U.S. economy. Key- nesian economic theory would later rationalize this
centralization and micromanagement. (It is worth noting in
passing that 1913 was also the year the IRS was created). The swin-dle
proceeded from there, the quick and dirty version goes like this: the collusion
between the cabal of "banksters" and
federal government began to saddle every man, women and child with an albatross
of debt., by building up a money system and an economy based on debt-fractional
money borrowed from the banks, who-with the full protection of the fed-eral government-have created money out of air. In part one, we
examine how we finally departed from the gold standard that once had massive
sound dollars. Now our total in- debtedness cannot be paid off, even in principle. Were our
national debt which officially passed $8 trillion on Oct.18, ever to be paid
off, there would be no currency in circulation hard as that is to believe! As
crazy as it sounds, our entire money supply-the sum total of currency in
circulation-exists because it was borrowed. The "bankster's"
collect the profits and sink them into their tax-exempt foundations. What Griffin calls the Mandate Mechan-ism
is the banking machinery that converts debt into fiat money. See
Creature p-185-207. In this
process lies the explanation why the Rothschilds and
Rockefellers are multi-billion-airs many times over, while you and I live from
hand to mouth plus working on 3 jobs. It explains why the people who once held
down good paying jobs are just as strapped for cash. It helps explain, in combination with the
various ways of redistributing wealth we adopted when our society less accepted
the essential features of the Fabian socialism, why cost-of-living has gone
into the stratosphere. The amount of
fiat money in circulation has soared: our wages have not. Everybody knows how wages have
“stagnated" since 1971, the year we went completely off the gold standard.
Again, an illustration is helpful. Sup-pose
the federal government claims to need $1 billion for whatever purpose. It does not have $1 billion, since
politicians and bureaucrats produce nothing (with the possible ex-ception of misery).
The Fed’s go to the “banksters" in the
Federal Reserve. They agree to deliver
the $1 billion in credit to the Fed's in exchange for the latter’s agreement to
pay it back with interest. Congress
authorizes the Treasury Department to print $1 billion in U.S. bonds, and deliver to the "bankster's". The Treasury Department prints $1 billion in
bank notes, "bought" from the Federal Reserve which pays only the
printing costs! and ex-changed at full face value for
the bonds. The Fed's
use the $1 billion for whatever they claimed to need it for. And they have indebted-the people-that’s you
and me-to the banks for $1 billion more-plus interest! Now replicate this process several thousand
times. You or I, of course, would be
imprisoned if we did this. But its legal when the government and the bankster's
do it. This has been going on since
1913, and explains the 8 trillion dollars national debt. In 1920, the national debt had jumped to $24
billion from around 1.15 bill-ion (the debt when the
Federal Reserve was being overtly planned at Jackal Island). By 1968 it
had risen to $347 billion. It reached one trillion right
after Reagan went into office, and top 2 trillion right around 1986. In 1992 it hit 4 trillion. It surmounted $7 trillion in January of
2004. Now its $8
trillion dollars. In other words,
we have amassed more debt in less than 2 years than was amassed during the 1st 200
years of this country's history! And the process is accelerating! The federal
government has a bloated Leviathan existing on borrowed money, borrowed time. It is difficult to know which major party is
worse. The Democrats authorize policies
based on a philosophy of tax-and-spend. They rip off the public directly. The Republicans authorize policies based on a
philosophy of borrow and spend. They rip
us off indirectly. Both parties are
controlled by the “bankster's". Protected by their many
shills in the mainstream media. I
submit that the money system has almost completely destroyed the foundations of
this country. It has also destroyed the
so-called American dream ... whatever hope any of us might once have had of succeeding
working within the system, playing by its rules. Genuine entrepreneurship is still possible.
but it's extremely difficult. Our money system may be the biggest swindle
not just in U.S. history but the biggest swindle ever, especially as
most of public has no idea it has been swindled. While the 7 poker players in our illustration
above could leave the game any-
time they wanted, you and I can leave this larger
"game" only by croaking! Even
then, your kids will get stuck with the bill!
The plain truth is, for all the talk of an “economic boom" in the
1990's (it was an expansion of the fiat money in circulation, so that loans
were easy to obtain), and for all the talk about a “housing boom" in the present
(again the result of credit spending i.e. debt), this system is manifestly not
sustainable. It must even-tually crash and burn; it is not a matter of if but when.
The "bankster's", of course are still
keeping to that adage: "Tell no one". Their money long ago came to
control-academia via the enrollment system, government schools via their control
over education schools money from tax exempt foundations, such as Carnegie and
Rockefeller, unions such as the NEA and agencies such as the DOE. (See Iserbyt’s referenced in part one of the details) as well as
the mainstream media that controls the information that reaches the public.
That is why people who write the way I have here are dismissed as
"conspiracy kooks", as has been G Edward Griffin's despite his
massive documentation from the Federal Reserve materials themselves. President James A Garfield said way back in 1881,
"Whoever controls the volume of money involved in a country is absolute
master of all industry and commerce".
Not long after uttering those words, he was shot in a Washington railroad station and died later". Steven Yates
latest book is Worldviews: Christian Theism vs Modern
Materialism.
If money is fiat then debt is
also fiat, slam dunk the debt personally, corporally and nationally. Bankers magically multiply your deposit by
1000%, as soon as you deposit $100, they can loan out $1,000.00. This is a lot better than farming, with such
a prolific ratio of return. With this
the bankster's do not need to borrow much money from
the Fed.
Shut down the Federal Reserve
foreign banking conspiracy and the national debt will go away. Why should we
leave this debt for our children to pay. No one knows exactly how much we owe, it's
estimated from 8 to 100 trillion but it does not matter because it is not gold,
it is ‘fiat’ only, it costs no one anything so there is no real debt to
pay. It is all just artificial debt.