Banksters
This is How The Bankster Filth Have Swindled Us for Centuries Part 2
Dec 15th
It might have begun this way…
The goldsmith purchased some bread and savouries in his local bakery and the bill came to five shillings. He didn’t have cash on him but the baker, knowing he was good for the money, agreed to accept his IOU for 5s. When the miller came to the baker for payment for flour he also agreed to accept the goldsmith’s five shilling IOU in place of cash. And the miller in turn paid the farmer for his wheat with the IOU, and the farmer paid his labourer, and the labourer paid the innkeeper for beer, and so on and on…
The shrewd goldsmith noticed that his IOU never came back to him to be redeemed for five shillings in coin but was accepted and perpetually transmitted as cash by everyone in the community. What had cost the goldsmith nothing but a scrap of paper and ink was exchanged for valuable goods and services by all who accepted it.
In fact, the goldsmith had effectively stolen the labour and the goods of the baker, the miller, the farmer, and the others. He had contributed nothing to the production of wealth in the community but had undeservedly shared in its benefits. In the animal kingdom, such a freeloader would be known as a parasite or bloodsucker. In human terms he would be called a thief.
The goldsmith became excited about his experiment with his IOU. If only he could compel the government to make his IOUs legal tender and force the people to trade exclusively with them he would be wealthy beyond comprehension.
As time went by, the mega-rich goldsmith became even richer and his decadent offspring eventually evolved into the international banksters we know and detest today. Through their immense wealth this criminal banking cabal has come to wield unwarranted control over heavily indebted governments, businesses, and individuals throughout the world.
The Banksters Control The World
Sadly, today, the global banksters have finally realized the vile aspirations of the goldsmith – to issue IOUs backed by nothing of value whatsoever, and all with government approval and enforcement. The process took many years of scheming and planning and included strategic goals of infiltrating governments and debasing politicians and the judiciary.
President Franklin D. Roosevelt, whose family had a long history in banking, ended domestic convertibility of the U.S. dollar to gold in 1933 when he ordered the seizure of all gold held by private citizens and corporations and made it illegal for private citizens to possess gold. (Many people today believe Roosevelt exceeded his jurisdiction and is guilty of treason.)
The coup de grâce was delivered in 1971 when President Nixon unilaterally cancelled the direct convertibility of the U.S. dollar to gold for all international holders of U.S. currency, transforming the dollar into a fiat currency. Fiat, in Latin, means “Let it be done.” It means that the dollar was no longer convertible to gold or anything else of value and only had worth because the government decreed it so.
Because so many of the world’s currencies were fixed to the U.S. dollar, they quickly became fiat too. They are all backed by nothing and cannot be redeemed at the bank for gold or silver or anything else of value. They are perpetual IOUs that never have to be paid, just like the old goldsmith’s five shilling IOU.
The banks create these currencies at virtually no cost to themselves and people are forced by government decree to exchange their goods and services for them, in effect giving up their priceless life’s energy to the banks for worthless bits of paper. In this way, the banksters steal the labour of billions of people in what is the greatest robbery in the history of mankind.
Banksters control and manipulate the people of the world through debt. Most nations on the planet are prisoners to bank debt, debt created by the banksters out of thin air. Such nations and their peoples are no longer sovereign. They are effectively ruled by The Money Power. Proverbs 22:7 says, “The rich rules over the poor, and the borrower is the slave of the lender.” The international banksters have achieved what all the Hitlers, Caesars, and Alexanders have continually failed to achieve – total dominance of the people and the nations of the world.
Modern banking is a colossal Ponzi scheme. 95% of the money in the world today is created as a debt, a debt owed to private banks. This includes private debt, corporate debt, and government debt. Banking is a well-planned swindle that is totally rigged in favour of the banksters. And it is ingenious. When creating loans, the banksters only create the principal, never the interest. With long term loans, the interest can amount to one and a half times the principal or more. Over time, a mortgage of $200,000 might reach in excess of $500,000, including interest.
If the banks create $20 billion, say, in a given period, borrowers will have to pay back some $50 billion. How can they pay back more money than has actually been created? It is impossible, and that’s the way the banksters have designed it. Borrowers then have to borrow more and more money to increase the money supply to pay both the principal and interest on older loans, but that means more interest and then more borrowing to find more money to pay the new interest on the newer loans, and so on, ad infinitum.
Debt then grows exponentially until it become so huge that even the interest is unpayable. The banksters foreclose on their securities, in accordance with their premeditated Ponzi scheme, and the property and wealth of the world is increasingly transferred to them. It is all a game of Monopoly, except that the losses are for real and are utterly catastrophic in human terms. How many readers have actually beaten the banker in the board game of Monopoly? Not many, no doubt. The banksters have rigged the money game and they have chained us to a treadwheel of debt that turns faster and faster with every new loan.
In part 3 : The Judiciary As Willing Dupes Of The Banksters
This is How The Bankster Filth Have Swindled Us for Centuries Part 1
Dec 14th
Beware The Risen People, Part 1 of 3: Global Banking – A Criminal Syndicate Of Tyrants And Thieves!
by Gabriel Donohoe
[On the evening before his execution by a British firing squad for his part in the Easter Rebellion in Dublin in 1916, Padraic Pearse etched a few lines from his own poem, "The Rebel", on the wall of his cell...
And I say to my people's masters: Beware
Beware of the thing that is coming,
Beware of the risen people
Who shall take what ye would not give...
Ye that have harried and held,
Ye that have bullied and bribed.
Tyrants… hypocrites… liars!
Pearse's words were directed at the rulers of the British Empire, but today they can be addressed to a cadre of criminal bankers and their political puppets who would impose financial slavery on us all.]
The World Awakens!
In a time of unprecedented global awakening, the peoples of the nations are rapidly becoming aware of how they’ve been kept in financial bondage for centuries. The veils of deception and fraud carefully woven by a malevolent Money Power[1] are being torn apart like spider web in a gale. The outrageous criminality imposed upon mankind for generations is finally exposed for all to see.
People are fast discovering how a cunning cabal of banksters[2] conned them into giving up their labour, their property, and their freedom. They now see how years of their precious energy and toil have been stolen from them by financial terrorists who have long kept humanity in a wretched state of debt, misery, and fear.
But now the tide of wakefulness is rising fast. A tsunami of anger and indignation is beginning to roll towards the banksters and their political camp followers. A worldwide revolution against villainy and corruption grows by the day. The masses are demanding truth and justice, and the cry of their fury is fearsome and foreboding.
Fraudsters beware! Beware of the hordes who are rising from their slumber. Beware of the people who have caught you plundering. Beware of the wrath of the wronged. Beware of the thing that is coming… tyrants… hypocrites… liars!
Fearful of the risen people, the criminal syndicates who run the world from behind the facade of governments and suborned global institutions are terrified of losing their ill-gotten wealth and privileges, and perhaps their lives.
Zbigniew Brzezinski, a Bilderberger and co-founder of the Trilateral Commission, recently addressed the Council on Foreign Relations in Montreal and warned his fellow elitist villains about this new “global political awakening”[3].
Brzezinski said: “For the first time in all of human history mankind is politically awakened – that’s a total new reality – it has not been so for most of human history.”
Brzezinski bewailed the fact that the whole world had awakened politically and was now “consciously aware of global inequities, inequalities, lack of respect, exploitation.” He lamented that an enlightened people would no longer tolerate financial slavery and serfdom nor would they allow the stealthy move towards a single world currency which would mean complete domination of the world by the international banksters.
The People Versus The Banks
More than a century ago Lord Acton said, “The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.”
That fight has now been joined.
In recent years, a growing number of people throughout the world are stumbling upon a massive deception that the banksters and their vassals have been fiercely trying to keep secret for years. It’s a secret so incredible that the mind will not accept the truth of it on a first hearing.
The secret?…
…It is the borrower and not the bank who truly funds the loan!
That may seem an incredible hypothesis.
But it’s true. In most loan transactions, banks do not lend out their money; first, they receive the full amount from the unwitting borrower himself, then they deceitfully loan it back to the borrower as if it had originally come from their own assets, and they charge punitive rates of interest to boot.
The idea is so preposterous that one’s first inclination is to dismiss it as hokum. But let’s have a quick look at the origins of modern banking before we explain how the borrower is, in all actuality, the lender. And at the end of this article we’ll show how you can lawfully get out of debt and have your loans written off; it involves challenging the banksters from a position of truth, knowledge, and personal empowerment.
There has been much dishonesty and trickery in the field of banking since the set-up of the Bank of England in 1694. Although misleadingly called the “Bank of England” it did not belong to the English Government or to the English people. It was a private bank that dealt in deceptive practices for private profit.
The Bank of England practised ‘fractional reserve lending’, a counterfeiting process which permitted the bank to lend out more money than it actually possessed. At the inception of the Bank of England, the fractional reserve ratio was set at 2 to 1. That meant it could lend out and collect interest on twice as much money as it really owned.
Fractional reserve ratios soon ran out to 3, 5, and 9 times the amount of bank reserves, and in some cases to many multiples of these amounts. Although modern capital reserves are generally set at a minimum of 8% (a lending ratio of 12½ to 1) some banks, such as those in Canada, Australia, and elsewhere have no requirements at all (see Wikipedia – Reserve requirement).
Fractional reserve lending is a gigantic confidence trick that allows banks across the globe to create money out of thin air and charge interest on it. Charging interest on money created out of nothing is a crime known as usury. Incredibly, governments permit it without question and a compliant judiciary accommodates banking fraud in the courts every day of the week. In bygone days, usurers were put to death; but today they live in opulence like emperors and consider themselves above the law.
The criminality of modern banking owes its origins to the double-dealing goldsmiths of the Middle Ages. The goldsmiths owned secure vaults where they would store gold and silver coin and bullion for their clients for a fee. When a merchant stored gold with the goldsmith he was given a receipt, or chit, for the amount of his deposit. Soon these chits were traded in the marketplace at face value; they were more convenient and safer than carrying gold around.
The goldsmith, also a money lender, began to lend out chits instead of his gold. At first, these chits were fully backed by an equivalent amount of gold in his vault. Then it wasn’t long before he cunningly progressed to lending out chits backed by his depositors’ gold – without the depositors’ knowledge or consent. Soon, the devious goldsmith found that he could get away with even more blatant skulduggery.
He noticed that only 10% of his depositors ever turned up to reclaim their gold from his vault. This observation led the audacious goldsmith to lend out 10 times more chits than he actually possessed in gold. That meant that nine tenths of his loans were backed by nothing of value, merely conjured up out of thin air. And if 10% of his depositors ever returned for their gold he would have enough on hand to satisfy their requirements.
Life was suddenly becoming very rosy for the wily goldsmith. By charging interest on non-existing gold he extorted a vast fortune from his clients. Just like modern banking today.
But greed begets greed and it wasn’t long before the avaricious goldsmith began to ponder on a method to loan out chits backed by no gold at all. If he could pull this off he would surely become master of the world. Regrettably, events show that he has indeed pulled it off, and he is indeed master of the world.
In part two: How It all might have begun!
