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From an Irish perspective. The
absolute
fraud, perpetrated by the
banks, corporate interests and
certain elements of
our government.
secretwarsinter.com 04 Dec 2009
-
Updated Jan 2011
The money stolen from us, and being used by our government
through
NAMA and the bailouts would have paid off every
loan and mortgage in the
country. This in turn would actually
have given the banks back their Money
right?
Question has to be. Why was this not done?
Well, because this way, through NAMA and the bailouts, the banks
get YOUR
property when they
reclaim it. AND, they also get YOUR
money through the bailouts . It's a win/
win for them and
a lose/
lose for you.
Recessions are no accident! They are orchestrated. Financial
bubbles are
created by "Fractional
Reserve Banking" whereby
banks are allowed to loan out money they do not
have.
Fractional
reserve banking means that the bank is only required
to hold, on hand, the
small fraction of money (5%) that is needed
to cover daily activity. The
rest they can loan out at huge rates.
So only a fraction of deposits is
likely to be drawn upon and / or
cashed. This is a PYRAMID scheme dependent
on good faith.
I thought pyramid schemes were supposed to be illegal ??
Moneys deposited in accounts go into a
reserve upon which
credit can be issued. In the US credit can be issued to
seven
times the reserve, in international banks twenty times the
reserve can be issued as credit.
An example: If you were to go
to a
bank and ask for a loan of say, 20,000. The bank can simply
create that
money as a figure on your ATM, cheque or whatever,
out of "THIN AIR",
NOTHING, ZIP. lets say you put your house up
as collateral for this loan.
What has the bank put up? Now the
bank is making money from you as interest
on the loan right? You
might say fine, sur isn't that how banks make money?
Well what if
you can't pay back the loan? You lose your car to the bank
right?
Now the bank has a lot of your money, at interest, AND your car
"ALL
FROM ABSOLUTELY NOTHING" !! This in my view is legalised
fraud. Who on earth
gave banks this power? It is important to
understand this concept
in order to understand the larger picture.
This
system of banking
all creates a false economy.
With
derivatives
,
which are an extension (and a legally questionable one) of the
fractional reserve, a new lower layer of the pyramid if you will, all it
takes, once the bubble of debt is big enough , is to create a scare in
the
economy and start calling in loans.. Bubble bursts,
and because
there is no real money (debt free) out there to pay back the false
money (loans from banks, etc.) we end up in a recession -
depression. If the decision was made at the time to simply stop
the issuing
of credit and allow enough time for the debts to be
paid off well then the
'soft landing' our so called leaders talked
about, could have happened.
Well that's not what happened now is it? NO! To suit their agenda
they had to
call in loans, crash and
burn the economy. The banks
and corporations close to the conspiracy get
bailouts from their
political puppets, use this to buy out their
competition, buy up
real assets (Both of which have now significantly
lowered in
price) and give huge bonuses to their good little
workers
(forget what you have seen and move on ! ).
You can see it happening right in front of you every day right?
The loosening of banking regulations by the E.U. back in the 70's
allowed
this bubble to be created. Same across the world.
Now it's time to sit back
and watch the banking elite
consolidate power, merge banks, merge
corporations and roll
out their new monetary Order. The agenda is monopoly.
More
power and money in less hands. The powers that be know
exactly what they are doing. They rarely make mistakes.
You have to ask yourself, do you want the perpetrators of this
crime to
further their agenda and gain more power from it? Don't
be fooled when they
come out acting like the saviours telling you
their new system will never
let this happen again. That's what
the people were told after the last
depression. They'll promise
us restrictions, regulations and anything else
to keep us calm
until time comes round for their next power grab.
They are criminals and if they have struck once they will strike
again.
Their new banking system will allow them to fleece
YOUR CHILDREN a lot
easier.
Anyone that believes it would be any different under Fine Gale or any
other
party for that matter is gravely mistaken. Doesn't take much to
buy out
enough 'key' people, and all it takes is one dodgy deal to hang
over his/her
head to keep them quiet. Remember all the
secret meetings around the time
that NAMA was being set up? A
lot of good TD's at the time showed concern.
Why the secret
meetings? Well if any one of those good TD's were to see
banking
officials give orders to the government, there would have been a
revolution the following morning.
So what can we do about this injustice I hear you ask? Well what do
they do
in other countries? They Revolt and demand that such crimes
be reversed.
Demand a sound monetary system and bloody well get
it. I'm not suggesting we
march on leinster house with guns and pick
axes. I am calling for exposure
of this blatant scam, peaceful protest
with placards, demanding voices and
an absolute persistence, so
that people get a fair deal. Not like in this
case, when the ugly
reality of the oligarchy came true for magella and her
family.
http://audioserver.todayfm.com/audio/majellaemail.mp3
How can we fix the
banking problem? The public must demand that
money not be created and issued
as loans from private banks. It must
be something that is openly and
publicly controllable, issuable,
accountable, and interest-free.
But what if we do get our own sound currency and break away from
the
European system? Will they turn their backs on us? I say let them.
We have
some of the richest land in the world for farming. We have
oil off the west
coast being stolen from us by shell. A well educated
workforce. Not
to mention the fact that we are surrounded by water
and fish. Anyone really
going to try and tell me we can't sustain
ourselves?
It's high time this fraud was exposed, and, as it is too late for the
government to pay off our debt's, is it now time for us to demand
that they be
cancelled or at least partly paid off? Where the hell is the
peoples
bailout? Seems that would be the only fair thing to do right?
Because we are tied to the Euro you might think it would be difficult to
demand a new, sound monetary system. Well England, as part of the
EU still
have the pound right? Why can't we demand our Punt back
and end 'Fractional
reserve Banking' in Ireland for good? Whatever
way we move forward it has to
be without Fractional reserve, "and"
central banking because
central
banking working under the same system is
a mere tool, which allows the
Government to pull the strings of banks
under it and vice versa.
So stop playing the blame game out there. Let's end the war between
the
public and private sector. This war only serves to shift the blame
from the
true culprits. We are playing right into the hands of these
criminals when
we fight each other. Fact is that nobody should be
taking cuts. The only
issue here should be the exposure of the criminal
fraud outlined in this
article, and the insane banking system itself that
allows this kind of
criminality to occur.
I have been fortunate enough to keep myself out of debt as have
many others
but I will not sit idle while my family and friends worry
their way trough,
possibly, the rest of their lives. Especially when
these B******S knew all
along, and for years, that this was coming
down the line.
To all of you out there that were pushed and pulled into debt by
these
criminals. . . .
IT'S TIME TO GET ANGRY!!.
YOU "HAVE" BEEN TAKEN FOR A FOOL.
YOU'VE HAD YOUR MONEY AND PROPERTY
STOLEN BY A BUNCH OF CRIMINALS'.
THE
BAILOUTS SIMPLY MUST STOP !!
THESE CRIMINALS MUST BE BROUGHT TO
JUSTICE.
OUR INACTION WILL LEAVE OUR KIDS AS
SLAVES TO THIS SYSTEM.
GET ACTIVE, GET INFORMED AND GET
INFORMING OTHERS.
Please spread this article any way
you can. Thanks. To learn more about
the banking system, click here. . .
http://www.secretwarsinter.com/Money-and-Banking.htm
SPECIAL THANKS TO: http://911truthseekersofireland.synthasite.com
FOR REPOSTING THIS ARTICLE.
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