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We really need to wake up people. With the banks having the ability to create money with their smoke and mirrors, we the "little people" have little chance to achieve as the banks take and take and take.
http://www.newmediaexplorer.org/sepp...n_of_money.htm
VERY INTERESTING :!: :!: :!: :roll:
I know about the U.S. banks doing this. Last year there was a document on the Federal Reserve site that explicity explained how they create "new money." They do not lend actual, real assets. They just increase the deposits and lend that amount. In essence, you wind up borrowing money from yourself and paying them interest. What a great idea -- for them!
So...people started challenging the agreements and won (for the very reasons listed in the class action suit you posted about). A few months later I went back to the site. The document was gone.
I'm glad people have a filed a class action suit. In a few years from now we won't have any banks -- just PIPS because the banks are real scammers. :)
Here is a class action lawsuit filed in the US against the banks. You can even join in!
http://refusetopay.com
Not only do we pay them interest, in theory we pay the principal tooQuote:
Originally Posted by pips9756
The "banks", which if you look at it is Rothchild's. Chase Utley, J.P. Morgan and about 10 others, make up the $1B out of nothing, charge us interest on it, which we pay, and then eventually we pay back the $1B and they have it... but they never had it in the first place.
Look at what the Nevada legislature thinks of our beloved Federal Reserve.
http://www.leg.state.nv.us/72nd/bills/ab/ab532.html
If we created money out of thin air, we would be in jail! However, the banks can do it illegally and get away with it! Nowhere in the US Constitution was such a scam allowed to happen, but it did! The banks get bigger! They own more and more! We are slaves paying their interest - when they didn't put up anything of value to begin with! LORD help us! We are being made slaves of by the banks!
Because banks creates money out of thin air - we can also have all debts cancelled such as car loans, credit card loans and mortage payments, because the money was not the bank's to loan.
bump :wink:
The trick here from the FED is to print worthless fiat currency, force other countries to hold US$ reserves only (or mostly), import goods from other countries and pay with worthless $ and the best....to convert all this worthless money into tangible goods like land, houses, islands, businesses, precious metals, all commodities, waterworks, power plants, food, simply everything. So when they decide one day to induce a crash and a collapse of worldwide currencies then guess who will own everything and who nothing??
The Federal Reserve Bank is surely not federal but held by a conglomerate of around the 10 richest banking dynasties on this planet. They don't have any reserves to back the private FED Dollar. And it's not a bank, it's a private institution. The IRS is the longer arm of the FED. The IRS isn't federal either.
The IRS collects the money from all people of the country (you know income tax, all other taxes) and gives all this collected money to those private bankiers. This is highly illegal. The US government doesn't get a cent from those collected funds as the US government has to pay the FED for their money printing job. Look at your tax form, it will say something like Pay to FRB. FRB stands for Federal Reserve Board, thus the money goes directly to the private bankiers ;-) 1913 the FED has been created. Since then the US citizens had to pay income tax which they never knew before. This is against the US constitution and one of the biggest scams in the last 100 years. Not only in the US, this procedure described in short with the FED is exactly the same with all national central banks worldwide. All currencies are fiat money backed by nothing, even Switzerland was forced to give up as the last country its gold standard and the swiss francs is also not backed by gold anymore. It is only a question of time when the bankers will decide to let the bubble burst, this will happen when they have bought up almost everything on this planet. Then there will be a worldwide monetary reform. Greenspan has once incautiously mentioned that the US$ will weaken immensely until 2007 and that the US$ and the Euro could be merged to a Euro-Dollar currency. When this then happens - I truely hope that this never happens but the reality unfortunately is different - then the US can choose the devaluation, in other words the exchange rate for the new currency, e.g. 1 Euro-Dollar for every old 10 US$ or even 20 US$. This would mean that the US (and Europe) would reduce their debts by the factor 10 or 20 and peoples savings would also reduce automatically by chosen factor, mass poverty will be created and all people who can't pay off their mortgage the banks will take over their house. You see, that's why you should never buy things with borrowed money.
If you would do any research on it then you wouldn't talk such rubbish now.
Actually all those infos about the FED are publicly available. It's solely up to you if you wanna find them. In your research you would also find that almost half of all US states want to abolish the FED, give the money issueing power back to the US Treasury Department and that those states have filed law suits against the FED. But again, it's up to you if you are interested at all to hear the real facts.
And??? Do you really think that you were taught the truth at school or college?? Do you really think that FED's real intentions would be taught anywhere? Do you think they will ever expose themselves to the public and reveal their secret plans? You may be 32 years old and you may have studied but sorry to say that, you actually know nothing as it is all filtered and precisely selected before what people will be taught at school/college and what NOT. And you can be rest assured that you will only learn that what makes a system compliant individual of you who never questions things and always believes what authorities tell him.
Again wrong, it is NOT the nation's money but their private currency!
You can read about it here:
http://www.the7thfire.com/Politics%2...ey-System.html
I can also recommend this site, read it thru and purchase the interesting eye-opening video there:
http://www.themoney*******.com/index.html
Do yourself a favor and also consider the OTHER side of the coin. Only if you give yourself a chance to listen to both parties (instead of always only one party) only then will you be able to find the truth for you. If you are not open for this and block yourself from the beginning ("That just CAN'T be!" That's impossible! etc.) then it is your choice of course.
But honestly, the truth about the FED really is no secret anymore! Just look around a bit.
Yes it is true - you just need to know how to do it - and who to go to have it done.
And I could say you just can't argue with irreparably brainwashed sheeples but I don't, I respect your opinion. Your reaction merely shows that you are not willing to even consider something else.
Btw, we were talking about the FED and in the constitution doesn't stand who created the FED and how the FED issues the money and controls the whole financial system, does it? Why don't you order the DVD e.g.?? Because you are not interested at all to hear anything else except of what you were taught at your college! Admitting that it might be false would be impossible and would not only hurt your ego but would disturb your whole world view as you have known it before. This is inconvenient. This is anti-American, liberal or communistic or what else expression is chosen for self-defense by media. Quite simple. Now don't come with the expression "conspiracy theory". This is a very old known, lame excuse in order to immediately stop any deeper discussion and further questioning ;-) At least as old as mankind.
Good job Micky! Good to see I'm not the only person here to realize the banks are taking over everything!
OK SPO! Take this challenge! Get an affidavit for a banker to sign. Let it state ,"The bank gave up something of value to process your loan". The banker won't sign it! The banker knows the banks violate 1933 banking laws which state "the lending party must give up something of value for a loan transaction to be legal". THE BANKER WILL NOT SIGN IT! They didn't give up anything of value! Then to make it worse they turn to the Federal Reserve and deposit the note you just signed as an asset! Then the Federal Reserve says,"OK, now you can loan 8 - 9 times the value of that note". By the power of your signature, you just made the bank all that money, they gave up nothing of value, and didn't you just pay for your note when they turned around and multiplied the value 8 - 9 times. Until you signed the note.........the bank couldn't do that.
I'll give the big banks credit! It was a brilliant scheme to convince all of us that the Federal Reserve was there to take care of us, but it was just a way for the banks to finish the job they had started.........and a way to quiet the mass of people complaining about the "BIG Banks" 100 years ago................just like we are complaining today.
Once again Micky is 100% correct. SPO, do yourself a favour and buy The Creature from Jekyll Island by Edward Griffin. We are "educated" in government schools, a government that wants to condition and control us from cradle to grave. People that think for themselves truly know who the real conspiracy theorists are.
Knowing the way you think you probably have plenty of bridges for sale, bridges you paid dearly for.
I was once dumbed down like you too, I have great understanding and no little sympathy for you.
I do not have a mortgage, completely out of "THE SYSTEM".
At least we can agree on one thing, namely that we disagree.
Thanks, I make things convenient by my willingness to learn for myself and not following the herd mentality.
My goodness! How the shackles rise when there are disagreements. I encourage SPO to look a lot deeper than what you have learned in college. I've been to college too, but you don't know what you don't know, until you know! The ostrich mentality is very common these days. I really hate to see an intelligent individual , so easily dismiss points of view that may be foreign or uncomfortable. As for how to process the information? It takes a lot more effort than just swallowing what someone else says. Look for yourself! I also hate to see people armed with a little bit of knowledge ridicule a "doubter" or even an "eye roller" when they express their doubts and disagreement. True knowledge is obtained by sincere due diligence. True ignorance (not stupidity, but choosing to ignore) is perpetuated by prideful stubborness and intellectual laziness. Remember, where there are large amounts of money, wicked men will seek to control it, not only for the luxury wealth affords but for the power that it brings. Who are the merchant bankers and who are their families and associates. Internationalists who control the wealth of nations!
But the Earth is the Lord's and the fulness thereof! The silver and gold are His. He raises Kings and brings them low!
The nations of the Earth will stagger like drunken men and a Kingdom will arise that will crush all other kingdoms! (see Daniel 2:44 Job 12:23-25)
G
This post will be relocated to: Those that contravenes house rules... in a short while after this. MOD.
YB.
This post will be relocated to: Those that contravenes house rules... in a short while after this. MOD.
YB.
Well said! One other clarification I would like to make is that the Feds 'print' the money and write up the rules of what the banks can do with the money which is given to them by the Feds. Banks don't print money. They only loan out up to 10 times the amount which the Feds give them and charge whatever they believe is a fair interest rate for themselves :shock: :roll:Quote:
Originally Posted by micky