Author Topic: * Why No One Will Win the Currency War  (Read 2562 times)

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Offline Sue

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* Why No One Will Win the Currency War
« on: February 06, 2013, 08:54:24 PM »
World ~ Why No One Will Win the Currency War

With Japan, China and the U.S. all pursuing weak-currency policies, other major economies are retaliating.
The WSJ's Deborah Kan speaks to James Rickards of Tangent Capital Partners about whether the drive to
devalue will set off a trade crisis.

"At any given moment there is an orthodoxy, a body of ideas which it is assumed all right-thinking people will accept without question. It is not exactly forbidden to state this or that or the other, but it is "not done".
...Anyone who challenges the prevailing orthodoxy finds himself silenced with.

Offline graybeard

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- * Why No One Will Win the Currency War
« Reply #1 on: February 08, 2013, 12:06:44 PM »
 :)

Offline Sue

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- * Why No One Will Win the Currency War
« Reply #2 on: February 08, 2013, 04:21:10 PM »
:)

Does that :) mean that gold prices will go through the roof?
« Last Edit: February 08, 2013, 06:57:01 PM by Sue »
"At any given moment there is an orthodoxy, a body of ideas which it is assumed all right-thinking people will accept without question. It is not exactly forbidden to state this or that or the other, but it is "not done".
...Anyone who challenges the prevailing orthodoxy finds himself silenced with.

Offline wag

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- * Why No One Will Win the Currency War
« Reply #3 on: February 08, 2013, 06:23:46 PM »
Does that :) mean that gold prizes will go through the roof?

I see jews investing in domestic industries that will soon have legal protection from imports.
Nobody gets paid to tell the truth.

Offline Sue

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- * Why No One Will Win the Currency War
« Reply #4 on: February 08, 2013, 07:27:31 PM »
I see jews investing in domestic industries that will soon have legal protection from imports.

They have the control already...

I Want The Earth Plus 5% ~ How Money is Destroying America

This article is not copyrighted. It may be reproduced for the purpose of exposing the evil~corrupt
system of the moneymakers who are destroying America, and monopolizing the world.

The Real Story of the Money-Control Over America

Why is it that Americans, living in what is called the richest nation on earth, seem always to be short of money. Wives are working in unprecedented numbers, husbands hope for overtime hours to earn more, or take part-time jobs, children look for odd jobs for spending money, the family debt climbs higher, and psychologists say one of the biggest causes of family quarrels and breakups is "arguments over money." Much of this trouble can be traced to our present "money" system.

Too few Americans realize why Christian Statesmen wrote into Article I of the U.S. Constitution:
"Congress shall have the Power to Coin Money and Regulate the Value Thereof".

They did this, in prayerful hope it would prevent "love of money" from destroying the Republic they had founded. We shall see how subversion of Article I has brought on the "evil" which God had warned.

Money is Man's Only "Creation"

Economists use the term "create" when speaking of the process by which money comes into existence. Now, creation means making something that did not exist before. Lumbermen make boards from trees, workers build houses from lumber, and factories manufacture automobiles from metal, glass and other materials. But in all these they did not "create," they only changed existing materials into a more usable and, therefore, more valuable form. This is not so with money. Here, and here alone, man actually "creates" something out of nothing. A piece of paper of little value is printed so that it is worth a piece of lumber. With different figures it can buy the automobile or even the house. Its value has been "created" in the true meaning of the word.

Money "Creating" Profitable

As is seen by the above, money is very cheap to make, and whomever does the "creating" of money in a nation can make a tremendous profit! That profit is part of our story, but first let us consider another unique characteristic of the thing -- money, the love of which is the "root of all evil."

Adequate Money Supply Needed

An adequate supply of money is indispensable to civilized society. An overstatement, you say? Not at all. Money is the blood of civilized society, the means of all commercial trade except simple barter. It is the measure and the instrument by which one product is sold and another purchased. Remove money or even reduce the supply below that which is necessary to carry on current levels of trade, and the results are catastrophic. For an example, we need only look at America's Depression of the early 1930's.

The Bankers Depression of the 1930's

In 1930 America did not lack industrial capacity, fertile farmland, skilled and willing workers or industrious farm families. It had an extensive and highly efficient transportation system in railroads, road networks, inland and ocean waterways. Communications between regions were the best in the world, utilizing telephone, teletype, radio, and a well-operated government mail system. No war had ravaged the cities or the countryside, no pestilence weakened the population, nor had famine stalked the land. The United States of America in 1930 lacked only one thing: an adequate supply of money.

In the early 1930's, Bankers, the only source of new money and credit, deliberately refused loans to industries, stores and farms. Payments on existing loans were required however, and money rapidly disappeared from circulation. Goods were available to be purchased, jobs waiting to be done, but the lack of money brought the nation to a standstill. By this simple ploy America was intentionally put in a "depression" and the greedy Bankers took possession of hundreds of thousands of farms, homes, and business properties. The people were told, "times are hard," and "money is short." Not understanding the system, they were cruelly robbed of their earnings, their savings, and their property.

Money for Peace? No! Money for War? Yes!

World War II ended the "depression." The same Bankers who in the early 30's had refused loans for peacetime houses, food and clothing, suddenly had unlimited billions to lend for Army barracks, K-rations and uniforms! A nation that in 1934 couldn't produce food for sale, suddenly could produce bombs to send free to Germany and Japan!

With the sudden increase in money, people were hired, farmers sold their produce, factories went to two shifts, mines re-opened, and "The Great Depression" was over! Some politicians were blamed for it and others took credit for ending it. The truth is the lack of money (caused by the Bankers) brought on the depression, and adequate money ended it. The people were never told that simple truth and in this article we will endeavor to show how these same Bankers who control our money and credit today have used their control to plunder America and place us in bondage.

Power to Coin and Regulate Money

When we can see the disastrous' results of an artificially created shortage of money, we can better understand why our Founding Fathers, who understood both money and God's Laws, insisted on placing the power to "create" money and to control it ONLY in the hands of the US Congress. They believed that ALL citizens should share in the profits of its "creation" and therefore the national government must be the ONLY creator of money.

Since Congress was the only legislative body subject to all the citizens at the ballot box, it was, to their minds, the only safe depository of so much profit and so much power. They wrote it out in the simple, but all-inclusive: "Congress shall have the Power to Coin Money and Regulate the Value Thereof."

How the People Lost Control to the Federal Reserve

Instead of the Constitutional method of Congress creating our money and putting it into circulation, we now have an entirely unconstitutional system. This has resulted in almost disastrous conditions, as we shall see.

Since our money was handled both legally and illegally before 1913, we shall consider only the years following 1913, since from that year on, ALL of our money has been created and issued by an illegal method that will eventually destroy the United States if it is not changed. Prior to 1913, America was a prosperous, powerful, and growing nation, at peace with its neighbors and the envy of the world. But -- in December of 1913, Congress, with many members away for the Christmas holidays, passed what has since been known as the FEDERAL RESERVE ACT. Omitting the burdensome details, it simply authorized the Federal Reserve Corporation, with a Board of Directors to run the money system.

This simple, but terrible, law completely removed from Congress the right to "create" money or to have any control over its "creation," and gave that function to the Federal Reserve Corporation. This was done with appropriate fanfare and propaganda that this would "remove money from politics" (they didn't say "and therefore from the people's control"). The people were not told then, and most still do not know today, that the Federal Reserve Corporation is a private corporation controlled by private bankers and therefore is operated for the financial gain of the bankers over the people rather than for the good of the people. The word "Federal" was used only to deceive the people.

More Disastrous Than Pearl Harbor

Since that "day of infamy," more disastrous to us than Pearl Harbor, the small group of "privileged" people who lend us "our" money have accrued to themselves all of the profits of printing our money -- and more! Since 1913 they have "created" tens of billions of dollars in money and credit, which, as their own personal property, they lend to our government and our people at interest. "The rich get richer and the poor get poorer" had become the secret policy.

They Print It --We Borrow It and Pay Them Interest

We shall start with the need for money. The Federal Government, having spent more than it has taken from its citizens in taxes, needs, for the sake of illustration, 1 billion. Since it does not have the money, and Congress has given away its authority to "create" it, the Government must go to the "creators" for the $ 1 billion. But, the Federal Reserve, a private corporation, doesn't just give its money away! The Bankers are willing to deliver 1,000,000,000 billion in money or credit to the Federal Government in exchange for the Government's agreement to pay it back -- with interest! So Congress authorizes the Treasury Department to print 1,000,000,000 billion in bonds, which are then delivered to the Federal Reserve Bankers.

The Federal Reserve then pays the cost of printing the 1,000,000,000 (about 1,000 dollars) and makes the exchange. The Government then uses the money to pay its obligations. What are the results of this fantastic transaction? Well, $ 1 billion in Government bills are paid all right, but the Government has now indebted the people to the Bankers for $ 1 billion on which the people must pay interest! Tens of thousands of such transactions have taken place since 1913 so that by the 1980's, the U.S. Government is indebted to the Bankers for over $ 1,000,000,000,000 (trillion) on which the people pay over $ 100 billion a year in interest alone with no hope of ever paying off the principal. [Get this!! If the principle were ever paid back, there would be NO more money in circulation.] In 1995, the total Federal Debt has grown to over $ 5 trillion, with an annual interest payment of $ 203 billion, 14% of the federal budget. Supposedly our children and following generations will pay forever and forever!

And There's More

You say, "This is terrible!" Yes, it is, but we have shown only part of the sordid story. Under this unholy system, those United States Bonds have now become "assets" of the Banks in the Reserve System, which they then use as "reserves" to "create" more "credit" to lend. Current "reserve" requirements allow them to use that $ 1 billion in bonds to "create" as much as $ 15 billion in new "credit" to lend to States, Municipalities, to individuals and businesses. Added to the original $ 1 billion, they could have $ 16 billion of "created credit" out in loans paying them interest with their only cost being $ 1,000 for printing the original $ 1 billion! Since the U.S. Congress has not issued Constitutional money since 1913, in order for the people to have money to carry on trade and commerce they are forced to borrow the "created credit" of the Monoply Bankers and pay them usury-fees!

And There's Still More

In addition to the vast wealth drawn to them through this almost unlimited usury, the Bankers who control the money at the top are able to approve or disapprove large loans to large and successful corporations to the extent that refusal of a loan will bring about a reduction in the price that that Corporation's stock sells for on the market. After depressing the price, the Bankers' agents buy large blocks of the stock, after which the sometimes multi-million-dollar loan is approved, the stock rises, and is then sold for a profit. In this manner billions of dollars are made with which to buy more stock. This practice is so refined today that the Federal Reserve Board need only announce to the newspapers an increase or decrease in their "rediscount rate" to send stocks up and down as they wish.

Using this method since 1913, the Bankers and their agents have purchased secret or open control of almost every large corporation in America. Using that control, they then force the corporations to borrow huge sums from their banks so that corporation earnings are siphoned off in the form of interest to the banks. This leaves little as actual "profits" which can be paid as dividends and explains why stock prices are so depressed, while the banks reap billions in interest from corporate loans. In effect, the bankers get almost all of the profits, while individual stockholders are left holding the bag.

Millions of working families are now indebted to the few hundred Banking Families for twice the assessed value of the entire United States. And these Banking Families obtained that debt against us for the cost of paper, ink, and bookkeeping!

The Interest Amount is Never Created

The only way new money goes into circulation is when it is borrowed from Bankers. When large sums are borrowed, we seem to prosper. However, the fatal flaw in a usury system, the only new money created and put into circulation is the amount of the loan. The money to pay the interest is NOT created, and therefore was NOT added to "money in circulation." Under this kind of a system, the total debt increasingly outstrips the amount of money available to pay the debt. The people can never, ever get out of debt!

There is therefore no way all debtors can pay off the moneylenders. All they can do is struggle against each other, borrowing more and more from the moneylenders each generation. The moneylenders (Bankers), who produce nothing of value, slowly, then more rapidly, gain a death grip on the land, buildings, and present and future earnings of the whole working population. Proverbs 22:7 has come to pass in America. The borrowers have become the servants of the lenders. No wonder God Almighty forbids interest on loans.

Yes, It's Political, Too

Democrat, Republican, and Independent voters who have wondered why politicians always spend more tax money than they take in should now see the reason. When you study our "debt-money" system, you soon realize that these politicians are not the agents of the people but are the agents of the Bankers, for whom they plan ways to place the people further into debt. It takes only a little imagination to see that if Congress had been "creating," and spending or issuing the necessary increase in the money supply, THERE WOULD BE NO NATIONAL DEBT, and the over $ 5 Trillion of other debts would be practically non-existent. Since there would be no ORIGINAL cost of money except printing, and no CONTINUING costs such as interest, Federal taxes would be almost nil. Money, once in circulation, would remain there and go on serving its purpose as a medium of exchange for generation after generation and century after century, just as coins do now, with NO payments to the Bankers whatever!

Mounting Debts and Wars

But instead of peace and debt-free prosperity, we have ever-mounting debt and periodic wars. We as a people are now ruled by a system of Banker-owned Mammon that has usurped the mantle of government, disguised itself as our legitimate government, and set about to pauperize and control our people. It is now a centralized, all-powerful political apparatus whose main purposes are promoting war, spending the peoples' money, and propagandizing to perpetuate itself in power. Our two large political parties have become its servants. The various departments of government its spending agencies, and the Internal Revenue Service, its collection agency.

Unknown to the people, it operates in close cooperation with similar apparatuses in other nations, which are also disguised as "governments." Some, we are told, are friends. Some, we are told, are enemies. "Enemies" are built up through international manipulations and used to frighten the American people into going billions of dollars more into debt to the Bankers for "military preparedness," "foreign aid to stop communism," "minority rights," etc. Citizens, deliberately confused by brainwashing propaganda, watch helplessly while our politicians give our food, goods, and money to Banker-controlled alien governments under the guise of "better relations" and "easing tensions." Our Banker-controlled government takes our finest and bravest sons and sends them into foreign wars with obsolete equipment and inadequate training, where tens of thousands are murdered, and hundreds of thousands are crippled. Other thousands are morally corrupted, addicted to drugs, and infected with venereal and other diseases, which they bring back to the United States. When the "war" is over, we have gained nothing, but we are scores of billions of dollars more in debt to the Bankers, which was the reason for the "war" in the first place!

And There's More

The profits from these massive debts have been used to erect a complete and almost hidden economic and political colossus over our nation. They keep telling us they are trying to do us "good," when in truth they work to bring harm and injury to our people. These would-be despots know it is easier to control and rob an ill, poorly-educated and confused people than it is a healthy and intelligent population, so they deliberately prevent real cures for diseases, they degrade our educational systems, and they stir up social and racial unrest. For the same reason they favor drug use, alcohol, racial intermarriage, sexual promiscuity, abortion, pornography, and crime. Everything, which debilitates the minds and bodies of the peeple, is secretly encouraged, as it makes the people less able to oppose them or even to understand what is being done to them.

Family, morals, love of Country, the Christian religion, all that is honorable is being swept away, while they try to build their new, subservient man. Our new "rulers" are trying to change our whole racial, social, religious, and political order, but they will not change the debt-money economic system by which they rob and rule. Our people have become "debt-slaves" to the Bankers and their agents in the land our fathers conquered. It is conquest through the most gigantic fraud and swindle in the history of mankind. And we remind you again: The key to their wealth and power over us is their ability to create "money" out of nothing and lend it to us at interest. If they had not been allowed to do that, they would never have gained secret control of our nation. How true Solomon's words are: "The rich ruleth over the poor, and the borrower is servant to the lender" (Proverbs 22:7).

God Almighty warned in the Bible that one of the curses which would come upon His People for disobeying His Laws was: "The stranger that is within thee shall get up above thee very high; and thou shalt come down very low. He shall lend to thee, and thou shalt not lend to him; he shall be the head, and thou shalt be the tail" [Deut. 28: 44-45]. Has that warning come to fruition in America

Let us now consider the correct method of providing the medium of exchange needed by our people.

The Constitutional Way --Every Citizen A Stockholder

If we had used the Constitutional way of "creating" the money needed in the nation, the Federal Congress would spend most of its time and study on the issuance and control of an adequate supply of stable money for the people. If an increase of population and production required an increase in the medium of exchange, Congress would authorize the "coining," (i.e., printing) of the determined amount. Some could be used to pay current legitimate expenses of the Federal Government, with the balance paid directly to the citizens. Records for payment would be similar to Social Security records, except a citizen would be recorded at birth, instead of when he first goes to work. Each person on the records as of the date of the Congressional authorization would receive an equal amount just as if he were a stockholder holding one share. Just think -- a payment of only $ 20 to each citizen would put $ 4 billion of debt-free and interest-free money into circulation.

Such a suggestion always scares the Bankers. Their propagandists will immediately cry, "printing press money," and warn that it would soon be "worthless" and would "cause inflation."

The truth is their immense usury charges on their "created" credit (our debt) is the sole cause of "inflation." All prices on all industry, trade and labor must be raised periodically to pay the ever-increasing usury charges. That is the ONLY cause of higher prices, and the moneychangers spend millions in propaganda to keep you from realizing that.

The money-creators (Bankers) know that if we ever tried a Constitutional issue of debt-free, interest-free currency, even a limited issue, the benefits would be immediately. That they must prevent. Abraham Lincoln was the last President to issue such debt-free and interest-free currency (in 1863) and he was assassinated shortly thereafter.

No Banker's Plunder

Under a Constitutional system no private banks would exist to rob the people. Government banks under the control of the people's representatives would issue and control all money and credit. They would issue not only actual currency, but could lend limited credit at no interest for the purchase of capital goods, such as homes. A $ 60,000 loan would require only $ 60.000 repayment, not $ 255,931 as it is now. Everyone who supplied materials and labor for the home would get paid just as they do today, but the Bankers would NOT get $ 195,931 in usury fees, and that is why the ridicule and destroy anyone suggesting GOVERNMENT (CITIZENS') MONEY WITHOUT INTEREST AND WITHOUT DEBT.

History tells us of debt-free and interest-free money issued by governments. The American colonies did it in the 1700's and their wealth soon rivaled England and brought restrictions from Parliament, which led to the Revolutionary War. Abraham Lincoln did it in 1863 to help finance the Civil War. An agent of the Rothschild Bank later assassinated him. No debt-free or interest-free money has been issued in America since then. Several Arab nations issue interest-free loans to their citizens today. The Saracean Empire forbad interest on money for 1,000 years, and its wealth outshone even Saxon Europe. Mandarin China issued its own money, interest-free and debt-free, and historians and collectors of art today consider those centuries to be China's time of greatest wealth, culture and peace.

Germany issued debt-free and interest-free money from 1935 and on, accounting for its startling rise from the depression to a world power in 5 years. Germany financed its entire, government and war operation from 1935 to 1945 without gold and without debt, and it took the whole Capitalist and Communist world to destroy the German power over Europe and bring Europe back under the heel of the Bankers. Such history of money does not even appear in the textbooks of public (government) schools today.

Issuing money that doesn't have to be paid back in interest leaves the money available to use in the exchange of goods and services and its only continuing cost is replacement as the paper wears out. Money is the paper ticket by which such transfers are made and should always be in sufficient quantity to transfer all possible production of the nation to ultimate consumers.

It is as ridiculous for a nation to say to its citizens, "You must consume less because we are short of money," as it would be for an Airline to say, "Our planes are flying, but we can't take you because we are short of tickets."

Why You Haven't Known

We realize this small, and necessarily incomplete, article on money may be charged with oversimplification. Some may say that if it is that simple the people would have known about it, and it could not have happened. But this MONEYLENDERS' consPIRACY is as old as Babylon, and even in America it dates far back before the year 1913. Actually, 1913 may be considered the year, which their previous plans came to fruition, and the way opened for complete economic conquest of our people. The consPIRACY is old enough in America so that its agents have been, for many years, in positions such as newspaper publishers, editors, columnists, church ministers, university presidents, professors, textbook writers, labor union leaders, movie makers, radio and TV commentators, politicians from school board members to U.S. presidents, and many others.

Controlled News and Information

These agents also control the information available to our people. They manipulate public opinion, elect whom they will locally and nationally, and never expose the crooked money system. They promote school bonds, municipal bonds, expensive and detrimental farm programs, "urban renewal," foreign aid, and many other schemes, which will put the people more into debt to the Bankers. Thoughtful citizens wonder why billions are spent on one program and billions on another which may duplicate it or even nullify it, such as paying some farmers not to raise crops, while at the same time building dams or canals to irrigate more farm land. Crazy or stupid? Neither. The goal is more debt. Thousands of deviously plotted government-sponsored ways to waste money go on continually. Most make no sense, but they are never exposed for what they really are, builders of "billions for the bankers and debts for the people."

So-called "economic experts" write syndicated columns in hundreds of newspapers, craftily designed to prevent the people from learning the simple truth about our money system. Commentators on radio and TV, preachers, educators, and politicians blame the people as wasteful, lazy, or spend-thrift, and blame the workers and consumers for the increase in debts and the inflation of prices, when they know the cause is the debt-money system itself. Our people are literally drowned in charges and counter-charges designed to confuse them and keep them from understanding the unconstitutional and evil money-system that is so efficiently and silently robbing the farmers, the workers, and the businessmen of the fruits of their labors and of their freedoms.

When some few Patriotic people or organizations who know the truth begin to expose them or try to stop any of their mad schemes, they are ridiculed and smeared as "conspiracy theorist," "right-wing extremists," "super-patriots," "ultra-rightists," "bigots," "racists," even "fascists" and "anti-semites." Any name is used which will cause them to shut up or will at least stop other people from listening to the warning they are giving. Articles, books, and information such as what you are now reading are kept out of schools, libraries, and bookstores.

Some, who are especially vocal in their exposure of the treason against our people, are harassed by government agencies such as the EPA, OSHA, the IRS, and even average citizens too ignorant of the truth, causing them financial loss, embarrassment, or other such hard-ships. By these methods they have prevented most Americans from learning the things you have read in this article. However, in spite of their control of information, they realize many citizens are learning the truth. Therefore, to prevent violence or armed resistance to their plunder of America, they plan to eventually disarm all citizens. They have to eliminate most guns, except those in the hands of their government police and army.

Audit The Federal Reserve System?

The Federal Reserve has never been audited by the government since it took over our money and credit in 1913. In 1975 a bill, H.R. 4316, to require an audit was introduced in Congress. During the April, 1975 hearings, this author submitted a statement favoring the audit, as did many others. Due to pressure from the money controllers, it was not passed. No audit of the Fed has ever been made.

Why Haven't They Told You?

Who are "they"? "They" are all of the politicians of the two old parties and elected officials. All "educational" groups like the League of Women Voters, the Heritage Foundation and the American Civil Liberties Union (ACLU). All news services, such as the Associated Press and the United Press International. All daily newspapers, including the New York "Times" and Los Angeles "Times." All weekly "news" magazines, such as "Time" and "Newsweek." All economics and history professors at all colleges and universities. All financial newsletter publishers. All labor leaders. All televangelists, your local minister, priest or rabbi. All of the above and more are hiding the truth from you or they TOO are brainwashed by all the government propaganda to see through the lies.

Fortunately, groups of patriots in every state (and now a growing number of citizens of other countries) know the truth and are helping to fight the bankers' plans to dump the Constitution into the UN garbage pail. When the bankers prick the credit/debt bubble they will foreclose on America. Then, they will own it all. There may be a "managed chaos" -- riots and terrorism -- to alarm the people with the fear of anarchy as the bankers prepare to impose a communistic dictatorship on America as the "solution" for the problems they, themselves, have created.

Will you help to bring awareness for those you care about? Only an educated people will be able to resist the lies of the bankers' stooges. This is why it is important for you to know the truth about how the bankers make billions for themselves and bring debts to the people. We CAN bring an end to this evil system, but only through public awareness. What the news media will not tell, we must SPEAK UP and let the truth be known !!

Ways In Which You Can Help

1. Make photocopies of this article and share it with the voters you know.
2. This same article is posted online at http://www.truth.5u.com. Send your contacts to read/copy this article "The Real Story of the Money~Control Over America" from this website.
3. Send this article to newspaper editorials. Good luck getting it published.
4. Copy the Flyer and postcards also posted at http://www.truth.5u.com and post them in your work place, school, recreation center, lounge, coffee shop, bulletin boards, hydro poles, etc
5. Hand out the post cards to family, friends, strangers, where you shop, etc.

Love of Country, compassion for your Race, and concern for your children should make you deeply interested in this, as our generation has not yet suffered under the "yoke" as the coming generations will. Usury and taxes will continue to take a larger and larger part of the annual earnings of the people and put them into the pockets of the Bankers and their political Agents. Increasing "government" regulations will prevent citizen protest and opposition to their control. Is it possible that your grandchildren will own neither home nor car, but will live in "government-owned" apartments and ride to work in "government-owned" buses (both paying usury to the Bankers), AND BE ALLOWED TO KEEP JUST ENOUGH OF THEIR EARNINGS TO BUY A MINIMUM OF FOOD AND CLOTHING while their Rulers wallow in luxury? In Asia and Europe it is called "communism;" in America it is called "Democracy" and "Capitalism."

New Legislation has already been written that can bring an end to this whole corrupt system but, America will not shake off her Banker-controlled dictatorship as long as the people remain silent and/or ignorant of the hidden controllers. International financiers, who control most of the US government, and most sources of information, seem to have us completely within their grasp. They are afraid of only one thing: an awakened Patriotic Citizenry, armed with the truth, and with a trust in Almighty God for deliverance. This information has given you the truth about their devious system. What you do with it is in your hands, as in the hands of Divine Providence. "The fear of man bringeth a snare; but whoso putteth his trust in the Lord shall be safe (Proverbs 29:25). May Jesus Christ both enlighten you and have mercy on you, and may you strive to be of good service both to God and to your country.

Together we can make a difference.

Quotes

If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. . . the issuing power should be taken from the banks, and restored to the people, to whom it properly belongs. ~ Thomas Jefferson

History records that the moneychangers have used every form of abuse, intrigue, deceit, and violent plans possible to maintain their control over governments by controlling money, and its issuance. ~ James Madison

I see in the near future a crisis approaching that unnerves me. Corporations have been enthroned, an era of corruption will follow, until the wealth is aggregated in a few hands, and the republic is destroyed. The Government should create, issue, and circulate it's own currency and credits to satisfy the spending of the Government, and the buying of consumers. By the adoption of these principals, money will cease to be master, and become the servant of humanity. ~ Abraham Lincoln

If Congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations. ~ Andrew Jackson

The modern banking system manufactures money out of nothing. The process is perhaps the most astonishing piece of slight of hand ever invented. If you want to continue 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. ~ Sir John Stamp (former governor of the Bank of England)

No man is good enough to govern another man without that other's consent . . . . These United States of America can never be destroyed from forces outside its borders. If America falls, it will fall from within. Brought down by apathy. When good people do nothing, Anarchy reigns. ~ Abraham Lincoln in a 1854 letter to Congress

We the people are the rightful masters of Congress and the courts, not to overthrow the Constitution, but to overthrow men who pervert the Constitution. ~ Abraham Lincoln

For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. ~ Ephesians 6:12

You be the Judge

With this knowledge, you will be better prepared to interpret the news media's reporting, and the government's actions as time moves on toward the completion of the American Union.

If you want to know more details of this EVIL effort, take the time to read all of the information contained on this website. If you do, you will never watch the news on TV, or read the news magazines and newspapers the same way that you do now. BLESSINGS ~ Dean[/color]
"At any given moment there is an orthodoxy, a body of ideas which it is assumed all right-thinking people will accept without question. It is not exactly forbidden to state this or that or the other, but it is "not done".
...Anyone who challenges the prevailing orthodoxy finds himself silenced with.

Offline EyeBelieve

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« Reply #5 on: February 08, 2013, 10:42:01 PM »
I see jews investing in domestic industries that will soon have legal protection from imports.

Sounds crazy but who knows?  Jew Economist & their ilk constantly warn of Smoot-Hawley protectionism (which they falsely blame 30's Depression on): wouldn't put it out of possibility that they would try contrarian strategy.  Jews could explain new (bogus) protectionism as fighting Chinese currency manipulation, saving green industry etc.  Real cause would be to puff up US industry (ie auto) to inflate later looting profits.

Offline wag

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« Reply #6 on: February 09, 2013, 05:43:54 AM »
Sounds crazy but who knows?  Jew Economist & their ilk constantly warn of Smoot-Hawley protectionism (which they falsely blame 30's Depression on): wouldn't put it out of possibility that they would try contrarian strategy.  Jews could explain new (bogus) protectionism as fighting Chinese currency manipulation, saving green industry etc.  Real cause would be to puff up US industry (ie auto) to inflate later looting profits.

Jews want us to see them as acting on principals, e.g., Atlas Shrugged.  But jews are all about tribe-serving expedients.  Their only principal is themselves.
Nobody gets paid to tell the truth.

Offline dominique

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« Reply #7 on: February 09, 2013, 08:01:37 AM »
Jews want us to see them as acting on principals, e.g., Atlas Shrugged.  But jews are all about tribe-serving expedients.  Their only principal is themselves.

Principles.  ::)
"Divert, distort, denigrate, disrupt or destroy any discussion of the corruption of American liberty by the organized lobby of a foreign power."  ~ WindRiverShoshoni

Offline Notchosen

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« Reply #8 on: February 09, 2013, 08:17:41 AM »
Principles.  ::)

Look out Wag, the NKVD spell check police are on to you!

For one who chronically complains about "one liners" a new complaint category can now be coined; "one word-er's".

Offline dominique

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« Reply #9 on: February 09, 2013, 12:26:21 PM »
Look out Wag, the NKVD spell check police are on to you!

For one who chronically complains about "one liners" a new complaint category can now be coined; "one word-er's".
I'm so glad you joined this forum, Notchosen. You contribute sooooo much.

Actually, all you've done is help it go straight to hell in your new incarnation, Jelly.
"Divert, distort, denigrate, disrupt or destroy any discussion of the corruption of American liberty by the organized lobby of a foreign power."  ~ WindRiverShoshoni

Offline Sue

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« Reply #10 on: February 09, 2013, 01:01:02 PM »
I'm so glad you joined this forum, Notchosen. You contribute sooooo much.

Actually, all you've done is help it go straight to hell in your new incarnation, Jelly.

How would you like to give us some undeniable proof that Notchosen is Gelignite?
"At any given moment there is an orthodoxy, a body of ideas which it is assumed all right-thinking people will accept without question. It is not exactly forbidden to state this or that or the other, but it is "not done".
...Anyone who challenges the prevailing orthodoxy finds himself silenced with.

Offline wag

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« Reply #11 on: February 09, 2013, 05:33:56 PM »
How would you like to give us some undeniable proof that Notchosen is Gelignite?

Who is gelignite.  What am I missing?
Nobody gets paid to tell the truth.

Offline Rudi Jan

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« Reply #12 on: February 09, 2013, 05:53:18 PM »
"Congress shall have the Power to Coin Money and Regulate the Value Thereof".

When we can see the disastrous' results of an artificially created shortage of money, we can better understand why our Founding Fathers, who understood both money and God's Laws, insisted on placing the power to "create" money and to control it ONLY in the hands of the US Congress.

 If ever there is a fallacy that persists in the essays of all commentators these days it is the idea that this 'power' was exclusive to congress. Where does it say that? What I see is an instruction to congress that they pay their bills with gold and silver coins minted to a very specific standard. Seems to me that they were saying that the federal government was not to pay it's bills with I.O.U.s. and keep it, and the states, honest in dealing with those whom they engage in commerce. The idea that this granted a power not even spoken of here... to control the amount of money in circulation... is simply not there! To then hand off a power never granted to a private organization in order to subvert the admonition to pay honestly and not be encumbered by standards is a violation of the oath of everyone in the US corporation each and every day. Any discussion as to the economic theory of finance that is presumed by this fallacy of exclusive money issuance can go nowhere. The people did not cede that power exclusively to congress. We can very well mint our own coins if we choose to. The idea of a standard is what makes a currency acceptable. The federal reserve is a scam built on a fallacy and was injected into the system to act as a siphon into every pocket to drain off the surplus wealth of those who produce into a sluice that pours that wealth into the hands of those that never have produced and never will.
Suspend all belief. Get the facts ~ Rudi
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Offline burford

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« Reply #13 on: February 09, 2013, 10:30:01 PM »
The federal reserve is a scam built on a fallacy and was injected into the system to act as a siphon into every pocket to drain off the surplus wealth of those who produce into a sluice that pours that wealth into the hands of those that never have produced and never will.

deserves being said again.
If people are brainwashed, how would they know it?

Offline Rudi Jan

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« Reply #14 on: February 09, 2013, 11:06:15 PM »
deserves being said again.

Well thanks.  8)

The main point though is this false idea that ONLY congress has the 'right' to coin money, the erroneous interpretation of the constitution that this power is exclusive. It is killing any coherent economic solution to the usury issue which this false idea has made possible.
Suspend all belief. Get the facts ~ Rudi
No one rules if no one obeys ~ Lao Tzu

Offline Sue

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« Reply #15 on: February 10, 2013, 11:57:30 AM »
HOW THE FEDERAL RESERVE SYSTEM WORKS
-- CREATING MONEY --

The economy principally employs two methods of engaging in transactions. One is cash. The other consists of debiting accounts. Banks are central to both methods.

In the case of cash, banks stand as a source of cash for customers. The Federal Reserve, in turn, is the source of cash for banks. Paper currency is printed in the Treasury Department's Bureau of Printing and Engraving. It is then "sold" to the Federal Reserve Banks at the printing cost, roughly 3 to 4 cents per note, regardless of denomination. Banks keep accounts with the Fed, and when they require cash for their customers, they buy it at face value, having their accounts debited. In the process. In the process, the Federal Reserve profits by the difference between the printing cost and the face value (less the costs of the operation).

But most transactions are not conducted with cash. In most cases, members of the public maintain accounts at depository institutions and pay by authorizing a transfer from their account to the account of whomever they are paying. Many of these authorizations occur by means of check. Many others are effected by means of various electronic transfers. In every case, one account is debited, and another credited, completing the transaction.

~ snip ~

A great deal of concern is often expressed with respect to the profits earned by the Federal Reserve System. These profits are a direct result of its power to create money -- and the power to create money is derived from the government. Many people argue that the earnings, then, should belong to the government rather than go to the Fed. The system is off-budget and a self-financing entity not subject to congressional appropriations. But in fact, the Federal Reserve's earnings from money creation do enter into the government's receipts.

The gross earnings from the system's operations first are dedicated to its operating costs. In addition, the regional Federal Reserve Banks maintain capital; they retain enough earnings to have on hand a "surplus" equal to the paid-in subscriptions of their member-owners.

~ snip ~

WHERE DO THE PROFITS GO?
A great deal of concern is often expressed with respect to the profits earned by the Federal Reserve System. These profits are a direct result of its power to create money -- and the power to create money is derived from the government. Many people argue that the earnings, then, should belong to the government rather than go to the Fed. The system is off-budget and a self-financing entity not subject to congressional appropriations. But in fact, the Federal Reserve's earnings from money creation do enter into the government's receipts.

The gross earnings from the system's operations first are dedicated to its operating costs. In addition, the regional Federal Reserve Banks maintain capital; they retain enough earnings to have on hand a "surplus" equal to the paid-in subscriptions of their member-owners. As explained above, the Federal Reserve Banks also pay the dividend to their member banks.

~ snip ~

AUDITS
It has been commonly reported that the Federal Reserve is exempt from audits, or that it has never been audited, or that the General Accounting Office (GAO) cannot audit the Fed. This is not true. The Federal Reserve has always had an audit program for the Board of Governors and the regional Federal Reserve Banks, with the arrangements varying, including internal and external examinations. But these have always been independent audits or complete audits. GAO can and indeed does audit many aspects of the Fed's operations; but some of the Fed's activities are off-limits to GAO inspection.

~ snip ~


THE NATURE OF MONEY
-- WHAT BACKS A FEDERAL RESERVE NOTE? --
The principal form of currency in the United Stated consists of Federal Reserve Notes. These notes are by law "legal tender," which is to say they may be used to satisfy obligations denominated in dollars. Should a suit arise over a commercial or public transaction, the law holds that a monetary obligation is satisfied if these notes have been "tendered" in the correct amount. Payment cannot be refused on the grounds that these are not money. This is the same thing as saying that they are "lawful money."

A great deal of concern is often expressed about what "backs" Federal Reserve Notes. Technically, the notes are collateralized by holdings of securities -- mostly those of the United States government. Many people, however, feel that this begs the question. What then "backs" the securities that back the Notes?

The short answer is nothing. There are no real assets, public or private, that are specifically pledged to collateralize the debt of the government. The government borrows on its "full faith and credit," which is to say that it borrows as long as everyone thinks it is able to service the debt. This means that ultimately nothing backs the money (except the full faith and credit of the government).

The lack of backing, however has no bearing on the suitability of Federal Reserve Notes as currency. Money exists to facilitate exchange, functioning as a "medium" or middle part of a transaction. In a modern economy, every time someone purchases something, he engages in half of an exchange: one thing of inherent value has changed hands, with the buyer getting what he wants, but the seller still looking to get something of value in return. Money is a token given the seller signifying that he is still owed something of value. A transferable IOU is ideal for this purpose.

The government creates money out of nothing in order to purchase goods and services of value. The note that it pays with is basically an IOU. Anyone who owes the government taxes, dues, or fees can return the note and have his obligation canceled.

Such money is said to be "fiat" money. It does not have any intrinsic value as a commodity itself, and is said to be produced and introduced by fiat of the government. Fiat money, therefore, is a debt of the government. Like any other debt from a creditworthy borrower, these IOUs are assets to those who hold them. Thus, these evidences of debt are usually well-suited and widely used to settle accounts. The fact that the note can be transferred to others who might use it in their transactions with the government makes it perfect for effecting private exchanges.

Debt makes good money because the debt of one person or institution is an asset to whomever it is owed. Consequently, the debt can be used for exchange by the creditor (the individual who holds the debt), and then in turn by the person who receives it, and so on. When finally the chain of transactions comes round to the original issuer (the debtor), the debt can be canceled against whatever obligation one has toward the issuer, and the series of exchanges becomes complete.

Consequently, Federal Reserve Notes and other paper money are indeed "unbacked" IOUs. The fact that they are IOUs is the very thing that makes them suitable to be money.

~ snip ~

E.O. 11110
The notion that Federal Reserve Notes are especially harmful has given rise to one particular conspiracy theory relating to an executive order in 1963. According to author Jim Mars, Executive Order 11110 issued by President Kennedy on June 4, 1963 authorized the issuance of $4,292,893,815 in United States Notes. Mars further asserts that after President Kennedy's assassination, the order was never carried out.

Much more here: http://home.hiwaay.net/~becraft/FRS-myth.htm#hd0
"At any given moment there is an orthodoxy, a body of ideas which it is assumed all right-thinking people will accept without question. It is not exactly forbidden to state this or that or the other, but it is "not done".
...Anyone who challenges the prevailing orthodoxy finds himself silenced with.

Offline Sue

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« Reply #16 on: February 10, 2013, 12:14:32 PM »
Who is gelignite.  What am I missing?

Just another SHILL.
"At any given moment there is an orthodoxy, a body of ideas which it is assumed all right-thinking people will accept without question. It is not exactly forbidden to state this or that or the other, but it is "not done".
...Anyone who challenges the prevailing orthodoxy finds himself silenced with.

Offline wag

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« Reply #17 on: February 10, 2013, 01:31:56 PM »
Just another SHILL.

Who are the shills? 
Nobody gets paid to tell the truth.