Are Banks Legalised Thieves Stealing Your Homes?
Although the following refers to
THE PRIVATE OWNED RESERVE BANK OF
The Reserve Bank is controlled by a small group of people, unelected, uncontrolled, and accountable to no one. They are a law unto themselves.
The Reserve Bank has increased interest rates eleven (11) times in recent years. Further increases are predicted.
The reason given for these increases - to reduce inflation. UNTRUE
NEVER LEAVE YOUR FAMILY HOME – NEVER LEAVE YOUR FAMILY HOME
PLEASE KEEP SENDING THIS ON – Collectively we can successfully Challenge and Defeat the Thieves, Individually we become CRUSHED.
Also see COMMUNITY FORUMS
Let us consider some of the causes of inflation, and compare them with the actions of the Reserve Bank. "Demand inflation" is where there is a shortage of goods to meet the people's needs. An example of this was the cyclone in
However, generally speaking, there is now no shortage of goods - the shops and stores are fully stocked. There is not too much money chasing too few goods.
"Cost-push inflation" occurs when costs rise and more money is needed to buy the same product. This reduces purchasing power of the people. Major causes of "cost-push" inflation are interest rates and taxation, which reduce purchasing power. This increases pressure for wage and salary increases to cope with the higher costs. The result: inflation.
When the Reserve Bank increases interest rates it means people who have borrowed money have to give more money to the bank for the privilege of having a loan. The result is less purchasing power, and inflation which eventually results.
Most business and industry operate on bank loans, repayable with interest. To try and recover the money paid on higher interest, they increase their prices. Again, less purchasing power for consumers.
When loans are issued, the money (credit) is created and loaned. But "the interest" is never "created". This begs the question: "Where does the interest come from?"
The interest simply comes out of the existing wealth of the whole community. Vast amounts of money transfers from the people into the pockets of the bankers, who are now almost all "international bankers".
Increasing interest rates increases the speed at which the banks take possession of the people's money.
As stated, interest reduces purchasing power and causes inflation. Increasing interest rates to control inflation is like pouring petrol on afire to put it out!
The Government and all-opposition Parties collaborate in this fraud and theft of the people's money. The mass-media is also complicit and covers up the truth.
The results of excessive interest rates are devastating: bank foreclosures on houses, marriage break-up, poverty, suicide, and bankruptcy, suffering and despair.
What is the ultimate objective of the Reserve Bank and the international bankers? Bankers themselves and United States Professor Carroll Quigley make some interesting admissions and comments.
The United States Bankers' Magazine, 26 Aug. 1924, stated, "Capital must protect itself in every possible manner by combination and legislation. Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through the process of law, the common people lose their homes, they will become more docile, and more easily governed through the strong arm of Government applied to a central power of wealth under control of leading financiers.
"The truth is well known among our principal men now engaged in forming an imperialism of capital to govern the world. By dividing the voters through the political Party system, we can get them to expend their energies in fighting over questions of no importance. Thus, by discreet action, we can secure for ourselves that which has been so well planned and so successfully accomplished." (Imperialism means to rule by power over foreign countries).
The "common people?" That's us!
International banker, David Rockefeller: "...The world is now more sophisticated and prepared to march towards a World Government the supernational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries."
Professor Carroll Quigley: "The powers of financial capitalism had a far-reaching (plan), nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole."
The international bankers are not content with money, they want to use the power of money to govern the world.
Again, the Government, the opposition Parties and the mass-media collaborate in this treason.
Public awareness and Collective ACTION will end their plans.
Please copy and circulate this article widely?
For further reading on these and related subjects, see the following publications:
22 Steps To Global Tyranny, by barrister, Graham Strachan, B.Sc., LLB, Stockdale Publishing,
Prosperity Newsletters, http://www.prosperity.com<http://www.prosperity.com/>
Billions For The Bankers, Debts For The People, by (Pastor) S. Emry, Christian Identity Ministries, PO Box 146, Cardwell, Qld., 4849.
The Truth In Money Book, by T. Thoren, Truth In Money Inc., PO Box 30, Chagrin Falls, Ohio, 44022, USA.
The Money Trick, by the Institute of Economic Democracy, Heritage Book Service, PO Box 6086, Lake Mumnorah, NSW, 2259 (hereinafter referred to as: Heritage).
The Untaught, History of Money, by A. Field, Heritage.
Money - The Fraudulent System Exposed, by B. Brown, Heritage. Operation Bankwatch, by J. Cronin, Heritage.
Dictatorship By Taxation, by C. H. Douglas, Heritage.
The Enemy Within The Empire - A Short History of The Bank of
Australia 2000 – What will we tell our children Dispossessing the World’s Richest Nation by Lee Heritage Australia 2000 -How Bright The Vision, by J. Lee, Heritage.
A Programme For Reversing Inflation, by
Jack Ford. Feb. 2008.
INSIDE THE FEDERAL RESERVE
WHISTLEBLOWER MAGAZINE
WND unveils comprehensive report on 'fraud of the century'
Posted: July 20, 2006 1:00 a.m. Easter
SPECIAL TRIPLE OFFER: For a limited time, get a FREE copy of the stunning bestseller on Israel, Iraq and America's role in Bible prophecy, "Beyond Iraq: The Next Move," plus a FREE copy "The War on Fathers," plus a FREE autographed copy of "The Marketing of Evil: How Radicals, Elitists and Pseudo-Experts Sell Us Corruption Disguised as Freedom." That's right, get them all FREE – today! Details below …
© 2006 WorldNetDaily.com
While millions of Americans look with awe to the Federal Reserve to protect the nation's financial well being, millions more mistrust the Fed, seeing it as an unaccountable, private banking cartel siphoning off citizens' wealth and manipulating
Where does the truth lie? That's the question that's asked – and answered in-depth – in the July issue of WorldNetDaily's acclaimed monthly Whistleblower magazine.
Today, the entire Western financial world holds its breath every time the Fed chairman speaks, so influential are the central bank's decisions on markets, interest rates and the economy in general. Yet the Fed, supposedly created to smooth out business cycles and prevent disruptive economic downswings like the Great Depression, has actually done the opposite.
<SCRIPT type="text/javascript"> </SCRIPT><SCRIPT type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></SCRIPT>"From the Great Depression, to the stagflation of the seventies, to the burst of the dotcom bubble" in 2001, charges U.S. Rep. Ron Paul, "every economic downturn suffered by the country over the last 80 years can be traced to Federal Reserve policy."
While many Fed defenders claim it worked valiantly to prevent or minimize the ravages of the Great Depression, in reality the Fed caused the Depression and greatly increased the severity of its effects.
In fact, as July's Whistleblower documents, the Fed's new chairman, Ben Bernanke, admits that the Federal Reserve was responsible for the Great Depression. "We did it," Bernanke said, adding, "We're very sorry."
But the Fed's sins go way beyond the Great Depression. "Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a boom-and-bust monetary policy," said Paul, the congressman best known for his steadfast commitment to the U.S. Constitution.
"In addition," said the Texas Republican, "most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve's inflationary policies. This represents a real, if hidden, tax imposed on the American people."
And that's just the beginning. In this special Whistleblower issue , the crucial subject of economics and money – often deliberately made overly complicated and confusing – is laid out in the clearest way possible.
Whistleblower takes readers on a stunning time-travel journey back to 1913, to a train on its way to
Without resorting to financial jargon or doubletalk, Whistleblower explains in plain, commonsense language exactly how the Fed works and how Americans' formerly gold-backed currency has been corrupted and much of their buying power lost, thanks to the Fed, and how this continues into the present.
Although today the governors of the Federal Reserve are literally the gods of the nation's money supply and financial policy, in previous eras of American history, leaders warned specifically against an unaccountable, unelected central bank:
"For this issue of Whistleblower," said David Kupelian, managing editor of WND and Whistleblower, "we tried to remedy John Adams' concern over Americans' 'ignorance of the nature of coin, credit, and circulation.' So we worked very hard to come up with the most credible, most understandable, yet comprehensive analysis of the Fed possible."
Kupelian added. "This issue will go a long way toward giving you the understanding you need – not only regarding this nation's extraordinarily deceitful banking and money system, but also, to help you make better financial and life decisions for the sake of yourself and your family."
********************************************************
The Great Bank Robbery
Reprinted from
Banking is a ponzi scam. Banking is nothing but a government sanctioned, giant multi-level game. It is a pyramid scam that makes all other scams look like child's play. At the top of the pyramid is the Federal Reserve Board, and their owners. At the bottom are the little local branches of all the different state and national banks. As in all pyramid scams, the small branches at the bottom will fall first, taking most of the heat off those at the top. But eventually the pyramid must topple. In fact, we already hear the rumble of the pyramid starting to fall.
But what most people do not know is that the banking system (scam) was designed to fail, and make certain people very wealthy in the process. The process is called USURY. Banks loan us ten dollars, and require us to repay eleven dollars. Since banks are the creators of the money when they lend it to us, we have nowhere to turn to get that eleventh dollar to repay. We are faced with two options: 1. Live without borrowing money, which means you would never go in debt to the banks, or 2. borrow an extra dollar, either from another banker or from another victim, with which to repay the bank. The result of number two is that you would now be two dollars short when the debt comes due again, and if you borrowed the eleventh dollar from another citizen, then that citizen also would be two dollars short when his debt comes due.
Not only is our modern Babylonian banking system designed to eat up all privately owned property, it also causes us to cannibalize each other. Since there is never enough money in circulation to pay back that eleventh dollar, it forces us to compete with each other for survival: to try to wrench some dollars away from our neighbour so we can pay back our eleventh dollar debt, even though it will make it impossible for our neighbour to repay his debt.
The premise of this game is that someone must fail. There are three players. 1. You 2. Your family member, friend, colleague or neighbour, and 3. The banker. Of the three, the banker is the only one that is assured a profit without having to borrow money. He gets the interest from the money he loaned to you and the other person. That leaves you and the other person as the debtors, fighting it out to see who will get part of the other's money to use to pay back that eleventh dollar to the banker. Thus, the banker has cleverly put you at war with another person, and in fact has caused you to 'rob or be robbed'. Either you will survive or your neighbour will survive - and at the expense of the other. All three players cannot survive. Someone must fail! That means that only you and the other person are the debtors, and are left to compete for survival. Then, as soon as the other person has fallen, that leaves only YOU as the banker's prey.
This evil Babylonian system can be stopped cold by one simple act of law. Make USURY illegal. Nothing less will cure the problem. Without usury, banks die. With usury, you and the other person die. Usury-banks and free people are contrary to one another. Someday Congress must stop defending usury-banks, and start defending people. There are currently about 400 bills in Congress seeking to protect the
Farmers have been tricked into participating in this scam. Banks have taken the farmers to the cleaners. Banks are like vampires: to live, they must suck blood from their victims. For the farmer, this means that when the bank demanded the eleventh dollar, and the farmer didn't have that eleventh dollar, in lieu of the cash the banker accepted a little piece of his farm instead. Over the years, the banker's portion of the farm became larger and larger, and the farmer's portion became smaller and smaller. Eventually, the farmer's portion of the farm became so small that its value was insufficient to back the annual operating loan. This is called 'foreclosure.'
The point is this: bankers are perpetrating adevious plan, the premise of which is that an unresolvable debt must occur. The eleventh dollar can never be repaid, thus the debt is unavoidable and unpayable. This debt is foisted off on the farmer, who, being ignorant of the slick schemes of the banker, does not realize that the debt cannot be avoided. Consequently, the farmer thinks he is to blame for the outstanding debt: that unrepayable eleventh dollar. Actually it is the banker who is the criminal, but he allows the farmer to take the blame. All the farmer is guilty of is being naive.
There is nothing new under the sun. Nineteen hundred years ago, John wrote this concerning the fall of
***********************************************
Banking, Finance, & The Money System.
It's time the people of
Do you know that no bank lends money deposited with it?
Do you know that when a bank lends money it CREATES it out of nothing?
Do you know that bank loans are merely pen and ink entries in the credit columns of a bank's ledger? They have no other existence.
Do you know that practically all the money in the community comes into circulation as a debt to the banks?
Do you know that money loaned by a Government bank is just as much a debt to the people as if it were loaned from a private bank?
Do you know that “fixed deposits” are a plausible screen to hide the creation of credit?
Did it ever occur to you that the banks enjoy this unique facility of creating credit and putting the nation progressively into debt-bondage because they create FINANCIAL credit against the REAL credit created by the people?
Do you realize that every time a Government borrows money for a public work, the people are debited with the liability (in perpetuity), but are never credited with the value of the asset?
Do you know that every repayment of a bank loan cancels the amount of the loan out of existence?
Do you know that Treasury Notes are Government I.O.U.'s — national pawn tickets for pledging the assets of the country to the banks for the loan of OUR OWN financial credit?
Do you know that banks purchase bank sites, build premises, and acquire assets at no real cost whatever to themselves — by the simple process of honoring their own checks?
The respective Australian governments, both state and federal, (not the people) have run up public debts over the years to near breaking point, and debiting those debts to us, the people, BUT WE, THE PEOPLE HAVE NEVER EVER BEEN CREDITED WITH THE ASSETS, THEREBY DEFRAUDING THE AUSTRALIAN PEOPLE OF OUR BIRTHRIGHT, AND DISPOSSESSING US OF OUR LEGITIMATE ASSETS, I.E., THE COMMON WEALTH OF THE LAND KNOWN AS THE COMMONWEALTH OF AUSTRALIA. The policies of every federal government, irrespective of which party is in power, and most state governments over the last fifty (50) years have been nothing more or less than thinly veiled, incrementally introduced , warmed-up Marxism, under the appearance of, and masquerading as a constitutional monarchy
“The Bank hath benefit of interest on all monies, which it creates out of nothing.” The boastful statement of the co-founder (and the Financiers’ ‘Front Man’) of the (privately owned) Bank of England, William Patterson, upon its foundation in 1694.
“The most hated sort of money-making and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural use of it – for money was intended merely for exchange, not for increase at interest. And this term interest, which implies the birth of money from money, is applied to the breeding of money, because the off-spring resembles the parent. Whereof of all modes of money-making, this is the most unnatural.”
Statement of Aristotle on Usury, 350 BC.
“He who takes up usury for a loan of money acts unjustly, for he sells what does not exist. It is wrong in itself to take a price (usury) for the use of money lent. And as in the case of other offences against justice, one is bound to make restitution of his unjustly acquired money.” Statement of St. Thomas Aquinas.
“The function of money is not to make money, but to move goods. Money is only one part of our transportation system. It moves goods from man to man. A dollar bill is like a postage stamp, it is no good unless it will move commodities between persons. If a postage stamp will not carry a letter or will not move goods, it is just the same as an engine that will not run. Someone will have to get out and fix it.”Statement of Henry Ford.
“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 iniquity 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 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 world to live in …… but if you want to continue to be slaves of the bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit.”
The writings of Sir Josiah Stamp, President of the Bank of England, at the
“Of all the discoveries and inventions by which we live and die, this totally improbable helix of credit is the most cunning, the most liable, the least comprehended, and, next to high explosives, the most dangerous. All that bankers themselves know about it is how it works from day to day. Beyond that, it is a bit from Pandora.” Statement by Garet Garret, author of “The Bubble that Broke the World”, and regarded as “the clearest expositor of economics in the
“When banks grant credit by creating or adding to deposits subject to check . . new dollars are created. They are credit dollars and they are created by the stroke of a pen rather than by dies and the stamping machines, but their purchasing power is not less than that of the dollars coined at the government mint . . . the principal way in which dollars are created in modern economic society is by borrowing.” Statement of Sumner H. Slichter, Professor of Business Economics at Harvard:
“We have already learned that the most important kind of money is credit. The most important kind of credit is credit created out of thin air by the banking system. Eighty per cent of the volume of business in
“The money power preys upon the nation in times of peace, and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. It denounces, as public enemies, all who question its methods, or throw light upon its crimes.” Statement of William
“I am afraid that the ordinary citizen will not like to be told that banks can and do create and destroy money. The amount of money in existence varies only with the action of the banks in increasing or decreasing deposits and bank purchases. We know how this is effected. Every loan, overdraft or bank purchase creates a deposit, and every repayment of a loan, overdraft or bank sale destroys a deposit. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people.” Statement of the Rt. Hon Reginald McKenna, former Chancellor of the Exchequer, and Chairman of the Midland Bank, addressing a meeting of the shareholders of the bank on January 25, 1924 (recorded in his book, “post-War Banking”):
“A credit in the Bank of England’s books is regarded by the financial community as ‘cash’, and this pleasant fiction has given the bank the power of creating cash by the stroke of a pen, and to any extent it pleases, subject only to its own view as to what is prudent and sound business. Statement of Hartley Withers in his book, “International Finance”:
“ . . . Today in
“I sincerely believe that banking institutions are more dangerous than standing armies. Already they have raised up a moneyed 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.” Thomas Jefferson:
“If the American people ever allow private banks to control the issue of their currency, . . . . . the banks and the corporations which grow up around them will deprive the people of all property, until their children wake up homeless on the continent their fathers conquered.” A further statement by Thomas Jefferson:
“I have two great enemies; the southern army in front of me, and the financial powers behind me. Of the two, the enemy to my rear is the greater foe.” The famous statement of President Abraham Lincoln during the Civil War:
“The government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of the consumers. The privilege of creating and issuing money is not only the supreme prerogative of the government, but it is the government’s greatest creative opportunity.
“The financing of all public enterprise, and the conduct of the treasury will become matters of practical administration. Money will cease to be master, and will become servant of humanity.” The writings of Abraham Lincoln, shortly before he was assassinated:
“We have stricken the shackles from 4,000,000 human beings and brought all labourers to a common level, but not so much by the elevation of former slaves as by reducing the whole working population, white and black, to a condition of serfdom. While boasting of our noble deeds, we are careful to conceal the ugly fact that by our iniquitous money system, we have manipulated a system of oppression which, though more refined, is no less cruel than the old system of chattel slavery . . . . . . . . the concentration of capital and the growth of their turnover is radically challenging the significance of the banks. Scattered capitalists are transformed into a single collective capitalist. When carrying the current account of a few capitalists, the banks, as it were, transact a purely technical and exclusively auxiliary operation.
When, however, these operations grow to enormous dimensions, we find that a handful of monopolists control all the operations, both commercial and industrial, of capitalist society. They can, by means of their banking connections . . . first ascertain exactly the position of the various capitalists, then control them, influence them by restricting or enlarging, facilitating or hindering their credits, and finally they can entirely determine their fate.” From the writings of Vladimir Ilyich Ulyanov (Lenin):
“There is no better way to destroy the capitalist system than to debauch the currency.” A further statement of Lenin:
“Give me the control of the credit of a nation, and I care not who makes the laws.” The famous boastful statement of Nathaniel Meyer Rothschild, speaking to a group of international bankers, 1912:
“The few who could understand the system (cheque, money, credits) will either be so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.” The boastful statement by Rothschild Bros. of London:
“When a bank lends, it creates money out of nothing.” Statement of R.G. Hawtrey, former Assistant Under-Secretary to the British Treasury; in his book, “Trade Depression and the Way out”:
“Banks create credit. It is a mistake to suppose that bank credit is created to any important extent by the payment of money into the banks. The bank’s debit is a means of payment, it is credit money. It is a clear addition to the amount of the means of payment in the community.” Statement in Encyclopedia Brittanica, 14th Edition, under the Heading of Banking and Credit (Vol. 3, Page 48):
“If a nation can issue a dollar bond, it can issue a dollar bill. The elements that make the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the constitution, pays nobody but those who contribute in some useful way. It is absurd to say that our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer, while the other helps the People.” Statement by Thomas Edison:
“Whoever controls the volume of money in any country is absolute master of all industry and commerce. And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.” Statement by
“The hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” Statement of Napoleon Bonaparte:
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. Banks can inflate, mint and un-mint the modern ledger-entry currency.” Statement by Major L. L. B. Angu
“The banks can create and destroy money. Bank credit is money. It’s the money we do most of our business with, not with that currency which we usually think of as money.” Statement by Governor Eccles, former head of the Federal Reserve Bank Board of the
“There can be no doubt that all deposits are created by the banks.” Statement of Lord Keynes, economist and former board member of the Bank of England:
“The percentage of cash to credit necessary for a bank to hold, demonstrated over a period of years, is 2 ½%, with 7 ½% as a reserve with other banks.” Statement by Professor H. Kniffer, in his “American Banking Practice”:
“Banking is little more than book-keeping. It is a transfer of credit from one person to another. The transfer is by cheque. Cheques are currency (not legal tender). Currency is money.” Statement of Sir Edward Holden, an eminent British banker:
MINDFUL of the fact that the above situation has in fact been accomplished, due to a consistent, progressive and continuous programme of deceit, subterfuge, cunning and make-believe on the part of the banks, and by successive, subservient fabian socialist/masonic “governments”, both state and federal, in violation of their oaths of office, and to the gradual detriment and destruction of the assets of the people of Australia.
“If the American people knew and understood the banking and financial system as I do, then I believe there would be a revolution before morning,” Warning by Mr. Henry Ford
“It was not accidental. It was a carefully contrived occurrence . . The international bankers sought to bring about a condition of despair here, so that they might emerge as rulers of us all.” Statement by Rep. Louis T. McFadden, Chairman of the House Banking and Currency Committee, regarding the
“After World War 1,
“The Federal Reserve has pumped so many billions of dollars into
“Practices of the unscrupulous money changers stand indicted in the court of public opinion, rejected by the hearts and minds of men . . . The money changers have fled from their high seats in the temple of our civilization.” Statement by President of Franklin D. Roosevelt, March 4th, 1933 (before he did a back-flip and became their subservient tool):
“The powers of financial capitalism has (a) far reaching (plan), nothing less than to create a world system of financial control in private hands, able to dominate the political system of each country, and the economy of the world as a whole.
This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.
“The apex of the system was to be the Bank for International Settlements, in
“Each central bank . . . sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence co-operative politicians by subsequent rewards in the business world.” Statement of Professor Carroll Quigley,
“The Federal Reserve definitely caused the Great Depression by contracting the amount of currency in circulation by one third from 1929 to 1933.” Statement by Milton Freedman, Nobel Prize winning economist, in 1996:
“The issue which has swept down the centuries and which will have to be fought sooner or later, is the people versus the banks.” Statement by Lord Acton:
“This is a staggering thought. We are completely dependent 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. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. 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.” Warning by Robert H. Hemphill (former Credit Manager of the Federal Reserve Bank,
“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 its issuance.” Warning by U.S. President James Maddison, shortly before he was assassinated:
“The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this Nation is run by the International Banks.” Warning by Congressman Louis T. McFadden:
"History shows that the money changers have used every form of abuse, intrigue, deceit and violent means possible to maintain control over governments by controlling the money and the issuance of it"-- President James Madison.
“Most Americans and Australians, and for that matter, most people of the world have no real understandings of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress, and manipulates the credit of the
MINDFUL of the fact that all money which comes into existence, does so as debt to the banking system, and that the banks do not create the interest, so that there is never enough money in existence, anywhere in the world, to repay both the debt and the interest, resulting in a situation where there is a deliberate, world-wide, artificial scarcity of money, and therefore an ever-increasing debt to that banking system.
MINDFUL that such a debt-based money system (where the capital is created out of thin air by the banks, at the stroke of a pen, and then loaned out by the banks, to the borrowers, whereby the borrowers are expected to pay back the capital, plus interest, which interest does not exist in the first place) is not only mathematically an inherently flawed, impossible system, but deliberately fraudulent.
MINDFUL that where money speaks, there all law is silent.
“He who takes usury for a loan of money acts unjustly, for he sells what does not exist. It is wrong in itself to take a price (usury) for the use of money lent, and as in the case of other offences against justice, one is bound to make restitution of his unjustly acquired money." Statement by Saint Thomas Aquinas:
“Because of this power (of credit creation), the Commonwealth Bank (now the Reserve Bank of
“Because of this power too, the Commonwealth Bank can increase the cash reserves of the trading banks; for example, it can buy securities and other property, it can lend to the government or to others in a variety of ways, and it can even make money available to the Governments and to others free of any charge.”
Asked to interpret this last clause, Mr. Justice Napier, Chairman of the Commission, replied, through the Secretary of the Commission, Mr. Harris, as follows:
“This statement means that the Commonwealth Bank can make money available to Governments or to others on such terms as it chooses, even by way of a loan without interest, OR EVEN WITHOUT REQUIRING EITHER INTEREST OR REPAYMENT OF PRINCIPAL.”
Report of the Australian Royal Commission into the Monetary and Banking system of
"As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.
Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." John Maynard Keynes
add text, images, video, widgets, etc...
