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21 November, 2008

@Nov 20/08: round-up of a few VERY IMPORTANT Under-Reported Headlines, Stay Truly Informed of Real World Situations

Ladies & Gents, Some headlines to help uncover the real situations, archived at http://tinyurl.com/33c9yr  (nearly 4,000 insightful postings). Headlines after these significant quotes:
Alex James: “There is no doubt that Congress works for the Banksters. Congress is bailing out, using taxpayers’ wealth (past, current and future), the very same Banksters who orchestrated the credit boom and crunch, and who are foreclosing on some taxpayers and who already extract a tribute from all taxpayers through taxes and inflation by issuing the taxpayers’ money as if it was their own. The Financial Bubble/Gambling Economy was created to parasitically leach the Real Productive Economy.” (see Thomas Edison’s quote further below) “Let me issue and control a nation's money and I care not who makes its Laws. The few who understand the system, will either be so interested from its profits or so dependant on its favors, that there will be no opposition from that class”.” ANSELM MEYER ROTHSCHILD (whose Dynasty and associated dynasties such as Rockefeller, J.P. Morgan, Goldman Sachs, Vatican, were/are owners/controllers of major central and commercial banks including the Bank of England, The Federal Reserve, etc.) One branch of the Rothschilds financed the south and another branch financed the north in the US civil war and slavery was chosen as the issue to divide the growing prosperous country as Mexico & Canada were too weak to build up and it was too expensive to send ships, arms and men from Europe. Abraham Lincoln was given the opportunity to borrow at 28% from the Rothschilds. He chose to issue 450 million interest free in Greenbacks incurring the Bankers wrath http://www.prolognet.qc.ca/clyde/pres.htm and was promptly assassinated. Shortly after that happened, "The London Times" printed the following: "if that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in th history of the civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed, or it will destroy every monarchy [misleading as the bankers owned the monarchies by that time through loans and the agents they had inserted around them by that time] on the globe." Thomas Edison said: "People who will not turn a shovel-full of dirt on the project nor contribute a pound of materials will collect more money than will the people who will supply all the materials and do all the work."I wondered when I read that if Thomas was exaggerating so I got my calculator out. I assumed that there was going to be a $100,000 house built. I assumed that $30,000 would have to go for land, architect's fees and permits and that kind of thing. $70,000 would go for the actual construction of the house, building materials and labor. I assumed that the buyer would go to the bank and put 20% down and then borrow the balance at 10% over 30 years. I punched in the numbers and discovered that the borrower will pay to the bank in interest $172,741 compared to $70,000 paid for the construction of the house. In other words, about 2.5 times as much money will be paid to the bank in interest than will be paid to those who provide all the labor and all the materials. And you may say to yourself, yes but that's fair, after all a 30 year loan is a long loan and people work for their money and sacrifice its use and loan it and so forth and deserve to be compensated. No. Not this money. Nobody worked for this money, nobody saved this money. There was no sacrifice of any kind for this money. This money was created out of nothing by the stroke of a pen and I suggest that $172,741 interest on nothing is parasitically excessive! Thomas Edison:  “If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good also. The difference between the bond and the bill is that the bond lets the money brokers collect twice the amount of the bond and an additional 20 percent, whereas the currency pays nobody but those who contribute directly to Muscle Shoals in some useful way... “It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one fattens the usurers and the other helps the people. If the currency issued by the Government was no good, then the bonds would be no good either. It is a terrible situation when the Government, to increase the national wealth, must go into debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold.”  Catherine Austin Fitts: “The “slow burn” is a political culture and economy managed through principles of economic warfare in which insiders systematically protect themselves and centralize control and ownership of resources by using:
  • Central banks
  • Currency and lending systems
  • Taxation
  • Regulatory and enforcement policies
  • Controlled media and entertainment
In a slow burn scenario, it is possible to prop up trillions of dollars in financial asset values by systematically arranging subsidies that ultimately liquidate life. This is what “managing” markets really means: de-populating people and places to maintain phony values created and necessitated by derivative bets. The reason why it is difficult for sophisticated financial people to discern that a slow burn is taking place is because we have not yet collectively mastered the operational detail of how it is implemented. This is an extremely important subject. One of the most important aspects of the Paulson Plan to re-engineer US financial regulation is the assertion of complete control of payment systems by the Federal Reserve and gaining access to the data of essentially any financial institution. Combined with 1) the ability to print money and 2) digital communication payment and surveillance technology (satellite), this will consolidate greater power into fewer hands than at any time in recorded history. As Nicholas Negroponte said, “In a digital age, data about money is worth more than money.”

Posted by alexanderjames 02:28 | Stay-truly-informed-World-news | Comment(0) | Permalink

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