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Re: up-down post# 60383

Friday, 06/17/2011 12:29:48 AM

Friday, June 17, 2011 12:29:48 AM

Post# of 191252
The central banks need a full default from Greece. They'll love it.

Moving control of the quantity of money from private banks to the government is the best solution to prosperity for the country.

The two party system is propped up by the central banks. People watch the puppet show and complain after each party fails to have the citizen's interest. The National Debt continues to grow as we pay interest only on the loans from the central banks.

The bottom line: No More National Debt. All our money is created out of debt borrowed from the private corporation of the Federal Reserve System, or other private foreign central banks. But nations don't have to borrow money from the central banks. Sovereign nations can create their own money -- debt free -- just as Abraham Lincoln did to win the Civil War. This is the secret that’s been hidden from us for over 100 years.

Repeal the Federal Reserve Act and the problem is solved. Hunger, poverty, recessions. All over. Write your congressman. At least let them know that you know you're being scammed.

Write your representatives and the President and demand:
1) Debt-free US issued currency, not currency borrowed from the private corporation of the Federal Reserve System.
2) Increase fractional reserve banking to full reserve
3) AUDIT the Federal Reserve System.
4) Pass a Balance Budget Amendment to the Constitution

Research this information for yourself. The Grace Commission was formed by the Reagan administration to try to solve the national debt crisis.
"100 percent of what is collected is absorbed solely by interest on the Federal debt ... In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government." -- Grace Commission Report Jan 12, 1984

“If fundamental changes are not made in Federal spending, as compared with the fiscal 1983 deficit of $195 billion, a deficit of over ten times that amount, $2 trillion, is projected for the year 2000, only 17 years from now. In that year, the Federal debt would be $13.0 trillion ($160,000 per current taxpayer) and the interest alone on the debt would be $1.5 trillion per year ($18,500 per year per current taxpayer).” – Grace Commission Report Jan 12, 1984

GOOGLE : Secret of Oz, Money as Debt, Creature from Jekyll Island, and America: Freedom to Fascism

GOGGLE : Why an Income Tax is Not Necessary to Fund the U.S. Government

There is hope, especially here in America. History has shown that America has fought to create its own money for the last 300 years. In fact, in no other nation on earth has the population fought for it as successfully and with such determination over the centuries as America. All we need in the face of this oncoming first depression of the 21st century is a little education. We can make this the new civil rights movement--the new human rights movement. The big bankers now stand more exposed than ever before. Let’s use history to guide our path today.

This hasn’t been an issue since the time L. Frank Baum wrote the Wonderful Wizard of Oz. Why? Because after the William Jennings Bryan era (1920's), the bankers learned that in order to put the lid on this issue they had to buy up the nation’s press. And they did. But this won’t work in the Internet age. Television commentators are now asking just what is the Federal Reserve and where does their money come from? The answer is they make the money up out of thin air and then have the audacity to loan it to us. The interest that the government has to pay is where our income taxes go. That was the deal the Fed made with the government when the Federal Reserve Act was rammed through Congress on Dec. 23, 1913.

And what about the principal? The principle is never repaid, but the interest just keeps compounding. And it’s that interest that’s killing us. We’ll never be able to repay it. No nation ever has been able to do so--except for President Jackson in 1836.


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