Billions for the Bankers
- Part 2 of 3 -
AND THERE'S STILL MORE
In addition to the vast wealth drawn to them through this
almost unlimited usury, the Bankers who control the money, at the
top, are able to approve, or disapprove, large loans, to large and
successful corporations, to the extent that refusal of a loan will
bring about a reduction in the price, which that corporations stock
sells for, on the market.
After depressing the price, the Bankers'
agents buy large blocks of the stock, after which, sometime later, the
multi-million dollar loan is approved, the stock rises, and is,
then, sold for a profit.
In this manner, billions of dollars are
made, with which to buy more stock.
This practice is so refined,
today, that the Federal Reserve Board need only announce, to the
newspapers, an increase or decrease in their "re-discount rate" to
send stocks up and down as they wish.
Using this method, since
1913, the Bankers and their agents have purchased secret, or open,
control, of almost, every, large corporation in America. Using that
control, they, then, force the corporations to borrow huge sums,
from their banks, so that corporate earnings are siphoned off, in
the form of interest, to the banks. This leaves little as actual
"profits", which can be paid as dividends, and explains, why stock
prices are so depressed, while the banks reap billions, in
interest, from corporate loans.
In effect, the bankers get almost
all of the profits, while individual stockholders are left
holding the bag.
The millions of working families of America are, now, indebted,
to the few thousand, banking families, for twice the assessed value,
of the entire United States. And these Banking families obtained
that debt, against us, for the cost of paper, ink, and bookkeeping!
THE INTEREST AMOUNT IS NEVER CREATED
The only way new money (which is not true money, but is
"credit" representing a debt), goes into circulation, in America,
is, when it is borrowed from Bankers.
When the State and people
borrow large sums, we seem to prosper. However, the Bankers
"create" only the amount of the principal, of each loan, never the
extra, amount needed, to pay the interest (usury).
Therefore, the
new money never equals the new debt that is added.
The amounts needed to
pay the interest (usury) on loans is not "created" and, therefore,
does not exist!
Under this kind of system, where new debt always exceeds the
new money, no matter how much, or how little, is borrowed, the total
debt, increasingly, outstrips the amount of money, available to pay
the debt. The people can never, ever get out of debt!
An example will show the viciousness of this usury-debt
system, with its "built in" shortage of money.
IF $60,000 IS BORROWED, $255,931.20 MUST BE PAID BACK !!!
When a citizen goes to a Banker to borrow $60,000 to
purchase a home or a farm, the bank clerk has the borrower agree
to pay back the loan, plus interest (usury).
At 14% interest for
30 years, the borrower must agree to pay $710.92 per month, for a
total of $255,931.20.
The clerk, then, requires the citizen to
assign to the banker, the right of ownership of the property, if
the borrower does not make the required payments.
The bank clerk,
then, gives the borrower a $60,000 check, or a $60,000 deposit slip,
crediting the borrowers checking account with $60,000.
The borrower then writes checks to the builder,
subcontractors, etc., who, in turn, write checks.
$60,000 of new
"checkbook" money is, thereby, added to the "money in circulation".
However, and this is the fatal flaw in the usury system, the
only new money created and put into circulation is the amount of
the loan, $60,000. The money to pay the interest is NOT created,
and, therefore, was NOT added to "money in circulation".
Even so, this borrower (and those, who follow him, in
ownership of the property) must earn and take out of circulation
$255,931, almost $200,000 more than he put in circulation, when he
borrowed the original $60,000! (By the way, it is this interest
that cheats all families out of nicer homes. It is not that they
cannot afford them; it is because the Bankers' usury forces them
to pay for 4 homes to get one!)
Every new loan puts the same process in operation. Each
borrower adds a small sum to the total money supply. when he
borrows, but the payments on the loan (because of interest) then
deduct a much larger sum from the total money supply.
There is. therefore. no way all debtors can pay off the money-
lenders.
As they pay the principle and interest, the money in
circulation disappears.
All they can do is struggle against each
other, borrowing more. and more. from the money lenders each
generation.
The money-lenders (Bankers), who produce nothing of
value, slowly, then more rapidly, gain a death-grip on the land,
buildings, present and future earnings. of the whole working
population. Proverbs 22:7 has come to pass in America.
"The rich
ruleth over the poor, and the borrower is servant to the lender".
No wonder God Almighty forbids interest (usury) on loans.
SMALL LOANS DO THE SAME THING
If you have not quite grasped the impact of the above, let
us consider a small auto loan for 3 years. at 18% interest.
Step
1:
Citizen borrows $5,000 and pays it into circulation (it goes
to the dealer, factory, miner, etc.), and signs a note agreeing to
pay the Bankers $6,500.
Step 2:
Citizen pays $180 per month, of
his earnings, to the Banker. In three years, he will take out of
circulation $1,500 more than he put in circulation.
Every loan, of Banker "created" money (credit), causes the
same thing to happen. Since this has happened millions of times,
since 1913, (and continues today), you can see why America has
gone from a prosperous, debt-free nation to a debt-ridden nation,
where, practically, every home, farm and business is paying
usury-tribute, to the Bankers, on personal, local, state. and
federal debt totals, more than the combined earnings of 25% of the
working people.
Soon it will be 50% and continue up.
THIS IS WHY BANKERS PROSPER IN GOOD TIMES OR BAD
In the millions of transactions made each year, like those
above, little actual currency changes hands, nor is it necessary
that it do so.
95% of all "cash" transactions in the U. S. are by
check, so the Banker is perfectly safe in "creating", that so-
called "loan", by writing the check, or deposit slip, not against
actual money, but AGAINST YOUR PROMISE TO PAY IT BACK!
The cost
to him is paper, ink and a few dollars in salaries and office
costs, for each transaction. It is "check kiting" on an enormous
scale. The profits increase rapidly, year after year.
THE COST TO YOU? - EVENTUALLY, EVERYTHING!
In 1910, the U. S. Federal debt was only $1 billion, or
$12.40 per citizen. State and local debts were practically
non-existant.
By 1920, after only six years of Federal Reserve
shenanigans, the Federal debt had jumped to $24 billion, or $228
per person.
In 1960, the Federal debt reached $284 billion, or $1,575 per
citizen and state and local debts were mushrooming.
By 1981, the Federal debt passed $1 trillion and was growing
exponentially, as the Bankers tripled the interest rates. State
and local debts are, now, MORE than the Federal, and with business and
personal debts totalled over $6 trillion, 3 times the value of
all land and buildings in America.
If we signed over, to the money lenders, all of America, we
would still owe them 2 more Americas (plus their usury, of
course!)
However, they are too cunning to take title to everything.
They will instead leave you with some "illusion of ownership". so
you, and your children, will continue to work, and pay the bankers
more of your earnings. on ever increasing debts.
The
"establishment" has captured our people with their ungodly system
of usury and debt, as certainly, as if they had marched in with an
uniformed army.
To understand it really is a "conquest," go back to the front
and read the "Three Types of Conquest" again.
COMPARISON TO GAMBLING
To grasp the truth that periodic withdrawal of money, through
interest payments, will inexorably transfer all wealth, in the
nation, to the receiver of interest, imagine yourself in a poker
or dice game, where everyone must buy the chips (THE MEDIUM OF
EXCHANGE) FROM A "Banker", who does not risk chips in the game,
but watches the table, and every hour reaches in and takes 10%, to
15%, of all the chips, on the table.
As the game goes on, the
amount of chips in the possession of each player will go up, and
down, with his "luck".
However, the Total number of chips
available to play the game (carry on trade and business) will
decrease rapidly.
The game will get low on chips, and some will run out.
If
they want to continue to play, they must buy or borrow them, from
the "Banker".
The "Banker" will sell (lend) them ONLY, if the
player signs a "mortgage", agreeing to give the "Banker" some real
property (car, home, farm, business, etc.), if he cannot make
periodic payments, to pay back, all, the chips, plus some extra chips
(interest).
The payments must be made on time, whether he wins
(makes a profit), or not.
It is easy to see that no matter how skillfully they play,
eventually the "Banker" will end up, with all of his original
chips back, and except for the very best players, the rest, if
they stay in long enough, will lose to the "Banker" their homes,
their farms, their businesses, perhaps, even their cars, watches,
rings, and the shirts off their backs!
Our real life situation is MUCH WORSE, than any poker game.
In a poker game, no one is forced to go into debt, and anyone can
quit at any time, and keep whatever he still has.
But in real
life, even, if we borrow little ourselves, from the "Bankers", the
local, State, and Federal Governments borrow billions, in our name,
squander it, then, confiscate our earnings, from us and pay it back,
to the Bankers, with interest.
We are forced to play the game, and
no one can leave except by death. We pay as long as we live, and
our children pay, after we die. If we cannot pay, the same
government sends the police to take our property, and give it to
the Bankers.
The Bankers risk nothing, in the game; they just
collect their percentage and "win it all".
In Las Vegas, and at
other gambling centers, all games are rigged to pay the owner a
percentage, and they rake in millions. The Federal Reserve
Bankers' "game" is also rigged, and it pays off in billions!
In recent years Bankers added real "cards" to their game.
"Credit" cards are promoted, as a convenience and a great boon to
trade.
Actually, they are ingenious devices, by which Bankers
collect 2% to 5%, of every retail sale, from the seller, and 18%
interest from buyers.
A real "stacked" deck!
YES, IT'S POLITICAL, TOO
Democrat, Republican, and independent voters, who have
wondered, why politicians always spend more tax money, than they
take in, should, now, see the reason.
When they begin to study our,
"debt-usury", money system, they soon realize that these
politicians are not the agents of the people, but are the agents
of the Bankers, for whom they plan ways, to place the people,
further, in debt. It takes only a little imagination to see, that
if Congress had been "creating", and spending, and issuing, into
circulation, the necessary increase in the money supply, THERE
WOULD BE NO NATIONAL DEBT, and the over $4 trillion, of other
debts, would be practically non-existant.
Since there would be no
ORIGINAL cost of money, except printing, and no CONTINUING costs,
such as interest.
Federal taxes would be almost nil.
Money, once
in circulation, would remain there and go on, serving its purpose,
as a medium of exchange, for generation, after generation, and
century, after century, just as coins do now, with NO payments to
the Bankers, whatsoever!
MOUNTING DEBTS AND WAR
But instead of peace, and debt-free prosperity, we have ever
mounting debt, and periodic war. We as a people are, now, ruled by a
system of Bankers-owned Mammon that has usurped the mantle of
government, disquised itself, as our legitimate government, and
set about to pauperize, and control our people.
It is now a
centralized, all powerful political apparatus, whose main purposes
are promoting war, spending the peoples money, and propagandizing,
to perpetuate itself, in power.
Our two large political parties
have become its servants, the various departments of government
its spending agencies, and the Internal Revenue Service, its
collection agency.
Unknown to the people, it operates in close cooperation, with
similar apparati, in other nations, which are, also, disquised as
"governments". Some, we are told, are friends. Some, we are
told, are enemies. "Enemies" are built up through international
manipulations, and used to frighten the American people, into going
billions of dollars into debt, to the Bankers, for "military
preparedness," "foreign aid to stop communism," "minority
rights," etc.
Citizens, deliberately confused by brainwashing
propaganda, watch helplessly, while our politicians give food,
goods, and money to Banker-Controlled alien governments, under the
quise of "better relations" and "easing tensions."
Our Banker-
Controlled government takes our finest and bravest sons and sends
them into foreign wars, with obsolete equipment and inadequate
training, where tens of thousands are murdered, and hundreds of
thousands are crippled. Other thousands are morally corrupted,
addicted to drugs, and infected with venereal and other diseases,
which they bring back to the United States.
When the "war" is
over, we have gained nothing, but we are scores of billions of
dollars, more in debt, to the Bankers, which was the reason for the
"war", in the first place!
AND THERE'S MORE
The profits from these massive debts have been used to erect
a complete and, almost hidden, economic collossus, over our nation.
They keep telling us they are trying to do us good, when in truth
they work to bring harm and injury to our people. These would be
despots know, it is easier to control and rob a ill, poorly
educated, and confused people, than it is a healthy and intelligent
population, so they deliberately prevent real cures for diseases,
they degrade our educational systems, and they stir up social and
racial unrest.
For the same reason, they favor drug use, alchohol,
racial inter-marriage, sexual promiscuity, abortion, pornography,
and crime. Everything, which debilitates the minds and bodies of
the people, is secretly encouraged, as it makes the people less
able to oppose them, or, even, to understand what is being done to
them.
Family, morals, love of country, the Christian religion, all
that is honorable, is being swept away, while they try to build
their new, subservient man.
Our new "rulers" are trying to change
our whole racial, social, religious, and political order, but
they will not change the debt-money-economic system, by which they
rob and rule.
Our people have become tenants and "debt-slaves", to
the Bankers, and their agents, in the land our fathers conquered.
It is conquest through the most, gigantic fraud and swindle, in the
history of mankind. And we remind you again: The key to their
wealth and power, over us, is their ability to create "money" out
of nothing, and lend it to us, at interest. If they had not been
allowed to do that, they would never have gained secret control
of our nation.
How true Solomon's words are: "The rich ruleth
over the poor, and the borrower is servant to the lender
"(Proverbs 22:7).
God Almighty warned, in the Bible, that one of the curses,
which would come upon His people, for disobeying His laws was:
The stranger that is within thee shall get up above
thee very high; and thou shall come down very low.
He shall lend to thee, and thou shall not lend to
him; he shall be the head, and thou shall be the tail.
Deut. 28:44-45
Most of the owners of the large banks, in America, are of
eastern-european ancestry, and connected with the Rothschild
European banks. Has that warning come to fruition in America?
Let us, now, consider the correct method of providing the
medium of exchange (money) needed by our people.
THE CONSTITUTIONAL WAY - EVERY CITIZEN A STOCKHOLDER
Under the Constitutional system, no private banks would exist
to rob the people. Government banks, under the control of the
people's representatives, would issue and control all money and
credit. They would issue not only actual currency, but could lend
limited credit, at no interest, for the purchase of capital goods,
such as homes.
A $60,000 loan would require only $60,000
repayment, not $255,931, as it is now. Everyone, who supplied
materials and labor, for the home, would get paid, just, as they do
today, but the Bankers would NOT get $195,931 in usury-interest,
AND THAT IS WHY THEY RIDICULE AND DESTROY ANYONE, SUGGESTING
GOVERNMENT (CITIZENS) MONEY, WITHOUT INTEREST (USURY), AND WITHOUT
DEBT.
Part Three.
Return to Money History
Index.