As described in one of my recent blogs – “The New Economics will be Mathematics” – it SHOULD be apparent to those who have read it that MONEY IS NOT CREATED BY BANKS.
WE CREATE THE MONEY BY WAY OF OUR PROMISSORY OBLIGATIONS.
It is a deception so incredibly well disguised because we think of money as a physical thing (those notes and coins in your pocket) while most of those who consider the problem of money and interest and look for a solution, do so from the perspective that money is some form of physical matter. IT IS NOT and it is understanding that which allows the “penny to drop” and for you to see the deception clearly.
MONEY (PAPER BASED, GOLD/SILVER, BITCOIN OR JUST ELECTRONIC) IS ONLY A PHYSICAL REPRESENTATION OF WHAT REAL MONEY (VALUE) IS. WHEN YOU HAVE MONEY IN YOUR BANK OR POCKET, ALL IT IS, IS A REPRESENTATION OF VALUE YOU HAVE PRODUCED WITHIN THE ECONOMY. YOUR SALARY FOR A JOB, THE SELLING OF AN ASSET (A WATCH, A HOUSE) – ALL OF THAT ECONOMIC ACTIVITY IS REPRESENTED BY THE MONEY, THE PAPER, THE ELECTRONIC DIGITS IN THE BANK’S COMPUTER. WITHOUT YOUR ACTUAL ECONOMIC ACTIVITY, THAT MONEY DOES NOT EXIST.
NOW SOME PEOPLE, LOOKING AT THIS MONETARY ISSUE, CONSIDER THE PROBLEM TO BE “DEBT”. NO, NO, NO! I USED TO BELIEVE THE SAME: MONEY = DEBT etc; THE BILL STILL ANALYSIS, THE ZEIGEIST ANALYSIS.
MONEY, IN IT’S VARIOUS PHYSICAL MANIFESTATIONS, REPRESENTS DEBT, YES,. BUT DEBT IS NOT THE PROBLEM! WE ALL – EVERY ONE OF US – ARE INDEBTED TO EACH OTHER IN MANY WAYS, NOT JUST MONETARILY. IF SOMEONE SAVES YOUR LIFE, FOR EXAMPLE, YOU WILL SAY “I AM INDEBTED TO YOU” AND YOU WILL SAY IT HAPPILY. IS THAT A BAD THING? NO. IN A MARRIAGE, WE ARE INDEBTED TO EACH OTHER. WE CONSIDER THAT THE MARRIAGE IS ONE OF GIVE AND TAKE AND LOOKING OUT FOR THE OTHER. WE ARE PLEDGING EACH OTHER OUR LOVE. WE ARE INDEBTED IN THAT SENSE.
THE WORLD’S POPULATION IS NATURALLY IN DEBT. WE ARE TO EACH OTHER – IF NOT, WE ALL LIVE AND EXIST ON THIS WORLD AS HERMITS NEVER INTERACTING. AS SOON AS THERE IS AN INTERACTION OF ANY KIND, THERE IS A DEBT.
SO WE TRADE! BUT INSTEAD OF BARTERING AND SOMEONE SELLING A CHICKEN LOOKING FOR SOMEONE TO BUY IT WITH SHOES THAT HE NEEDS (WHICH COULD TAKE AN IMMENSE AMOUNT OF TIME IN A GLOBAL WORLD?) WE HAVE INTRODUCED A SYSTEM WHERE THERE IS A PHYSICAL REPRESENTATION OF VALUE. THIS “PHYSICAL MONEY” THEN JUST MAKES LIFE EASIER FOR BROWSING AROUND LOOKING FOR THE SHOES YOU WANT WITHOUT CARRYING YOUR CHICKEN EVERYWHERE! IN THE LATTER CASE, YOU WOULD LOOK KIND OF ODD WOULDN’T YOU?
CREDIT/DEBT IS NOT A BAD THING IF IT REPRESENTS THE REAL ECONOMY AND INTERACTION! IT IS INTEREST WHICH IS THE “DEBT” WHICH NEED NOT EXIST AND WHICH CREATES THE WORLD’S MISERY. THE BANKS (THE USURERS) HAVE “HIJACKED” OUR OWN DEBTS, RE-PUBLISHED THEM – REPRESENTING THESE OBLIGATIONS IN THE PHYSICAL FORM AS THEIR MONEY (HAVING BEEN HANDED THE ONE AND ONLY LICENCE TO PRINT THESE REPRESENTATIONS BY OUR GOVERNMENTS) AND CHARGE US ALL INTEREST ON OUR OWN PRINCIPAL WHILE ASKING US TO PAY THE PRINCIPAL AND INTEREST BACK TO THEM. GLOBALLY, THERE IS NO INTEREST MONEY IN THE ECONOMY! SO HOW CAN IT BE POSSIBLE FOR PRINCIPAL ONLY (THAT IS ALL THAT IS ISSUED) TO PAY BACK PRINCIPAL AND INTEREST?
ANSWER: IT ISN’T!
GLOBAL DEBT IS NOT A PROBLEM IT IS A MUST!
INTEREST AND THE OBSCURATION OF OUR REAL DEBT, OUR PROMISSORY OBLIGATIONS AND WHO IS THE TRUE OBLIGOR AND CREDITOR IS THE PROBLEM!
During the early 1990s, I was working as a European Sales & Marketing Manager for Racal. It was the early years of marriage and babies and I wanted to add a Business angle to my existing Physics background so I decided to embark upon a BA (Hons) in Business Studies at Napier University in Edinburgh where I had also done my Physics degree about a decade earlier.
Yes, I was solidly in the “matrix”. I was ambitious and wanted to ensure that next rung upon the corporate ladder. And I achieved it (in some respects, to my detriment).
I would like to share with you something which everyone of us – including me – on that course failed to recognise. We just didn’t question. That’s not what you are there to do. You are there to listen, to read, to write, to be able to repeat everything just as you are taught by the great guru in front of you who has previously been in your position and listened, read, written and repeated so well he gets to stand up before the next generation and feed them the same thing.
The course included significant study of Economics and cost accounting etc. The following book was our “bible” – I don’t know if this book is still used or an updated version still in print but this was the “bible” at the time…..
Great minds write these books! Men who graduate from esteemed colleges such as The London School of Economics! (Yes, THAT school once again!)
BUT we, as students, never really question things when our minds are on trying to achieve, trying to pass the exams, trying to make sure we say and do all the right things so to prove to our peers (who are all doing the same thing) that we are worthy of sharing a classroom with them. We certainly don’t have the time or the inclination to say “Wait a minute! There’s something not quite right here”. After all, you’re the new one to the information and the lecturer knows his stuff inside out now doesn’t he? HE isn’t going to just tell you or regurgitate erroneous facts, figures, processes etc is he?
But let’s skip a couple of decades more and arrive at 2013. Those couple of decades have been one hell of a ride! You’ve climbed that corporate ladder, you’ve made the six figure salary, you’ve lived and worked in the most exotic of locations and hell! You’ve been a Director and Country Manager for International companies! What a STAR you’ve been!
But let me tell you – it’s all total nonsense! In 2013, you look back on your “stellar career” and you dismiss it all. Yes it brought you material goods, worldwide travel, exotic holidays, privately educated kids, but it was all achieved while the very system which allowed you to do it was rigged and while you ate and paraded around with your cars and your money and opulent homes, you had maids and drivers who hardly had a pot to piss in (no matter you tried to alleviate that a little) and just around the corner from your homes, in Manila, Kuala Lumpur and Singapore, there were whole families living in corrugated shacks by the railroad. There were women who would approach you not only to sell their bodies but, sometimes to sell their BABIES! Meanwhile, thousands died of starvation and disease all over the world everyday while you dined at the classiest of restaurants and stayed in the most luxurious hotels across the planet.
THERE WAS SOMETHING WRONG! But you didn’t know what it was and so many still don’t (and many of them don’t even wish to).
Then something happened. Something BIG happened to you! Big yes, good no. And it all just stemmed from a 20 year love which ended abruptly. You never saw it coming. It was like the proverbial steam train hitting you. But it was worse than just the ending of a marriage. It was the sheer scale of lies and deception and willingness of the other to do whatever it took to get the money! But it was so much more than that too. It was realising a court (Yes a supreme court in Singapore) was corrupt to the core. It was finding yourself jailed (with no record) because you had the audacity to tell them they were corrupt when you found out exactly what had been going on (Courts AND governments DO NOT LIKE IT when the small man shouts “Just wait a second here!”). It was looking over to “her” in court, after she was exposed as a perjurer, but YOU being thrown in jail because you would not play ball when the court ignored the perjury and she walked out of court with a smile as she saw you handcuffed and led down to cells before being thrown in Queenstown prison. Anyhow, that’s a whole other story.
But it was all of that that set you out to study – not another academic course written by those who wish to condition your thinking – but study law for the purposes of protecting yourself and defending against this onslaught you were faced with. You became “forensic” in following every single element of your case, the affidavits, the proofs of the claims, the attachments of expense claims, the whole deal. Your lawyer was hopeless. He was just playing the game with the other lawyers and the court so that, when you brought it to his attention that you had found out the court had never had jurisdiction from step one – the shit hit the fan and you had to get out of Singapore. Otherwise, you were in jail once more.
I told you they don’t like getting found out!
So what has all that got to do with this book and economics and the subject of this blog? Well it’s to give all those of you who may be commencing on your studies and/or your careers a heads up: You have no idea where life shall lead you and while you don’t and while you are in the growth mode of life, you will just accept that everything is just how it is and that there is nothing wrong and nothing obscured from you. Everything your lecturers relate to you is absolutely sound. However, I can assure you – it isn’t. Looking behind that curtain, lifting that veil and recognising it – or being willing to and open minded enough to – is difficult. Unfortunately, it is only when you are faced with something so blatantly monstrous and corrupt in your own life that you tend to want to find the explanation.
So, with that, back to the book:
Here are a couple of pages taken from it (from Chapter 33 entitled “Money and Prices”).
Point 1: “Goldsmiths used to accept deposits of gold coins and precious objects for safekeeping, in return for which a receipt would be issued which was, in effect, a PROMISSORY NOTE. As time went by, these notes began to be passed around in settlement of debts ACTING AS BANKNOTES DO TODAY”.
What is a PROMISSORY NOTE?
WIKIPEDIA: A promissory note is a legal instrument (more particularly, a financial instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. If the promissory note is unconditional and readily salable, it is called a negotiable instrument.
|“||§ 83. BILLS OF EXCHANGE ACT 1882. Part IV.…Promissory note defined(1)A promissory note is an unconditional promise in writing made by one person to another signed by the maker, engaging to pay, on demand or at a fixed or determinable future time, a sum certain in money, to, or to the order of, a specified person or to bearer.(2)An instrument in the form of a note payable to maker’s order is not a note within the meaning of this section unless and until it is indorsed by the maker.(3)A note is not invalid by reason only that it contains also a pledge of collateral security with authority to sell or dispose thereof.
(4)A note which is, or on the face of it purports to be, both made and payable within the British Islands is an inland note. Any other note is a foreign note.
Examples of Promissory Notes:
Let me now point you to British Case law:
A Lord Denning judgement that says a bill of exchange once tendered has to be treated as cash… The principle is that a bill, cheque or note is given and taken in payment as so much cash, and not as merely given a right of action for the creditor to litigate a counterclaim (see Jackson v Murphy  4 T.L.R. 92). “We have repeatedly said in this court that a bill of exchange or a promissory note is to be treated as cash. It is to be honoured unless there is some good reason to the contrary”
(see per Lord Denning M.R. in Fielding & Platt Ltd v Selim Najjar  1 W.L.R. 357 at 361;  2 All E.R. 150 at 152, CA)
I trust that the above is clear and unambiguous enough for you?
“A promissory note is to be treated as cash”. No dispute, just fact. The reason? Because promissory notes ARE cash. That is why the banks accept your signing of them which, in turn, allows them to MERELY RE-PUBLISH your promissory note as a banknote or bank cheque or electronic fund transfer. The entire point is, however, it is NOT necessary for the banks (the entire system which exists) to hold this power of “transmutation” of your own commercial value. This is where the entire fraud/deception of the banks lies.
Meanwhile, please listen to this banker:
There are a few points he makes which you would then think “Yes he has a point” such as that about paying for the bus with stamps. However, it does not hold up in today’s electronic, card-based society does it? Yes, with the New Economy solution, everything would be electronic/cards. A cashless society in fact. “Just what the state and the bankers want!” I hear you say. Yes it is what they want BUT the immense difference is, they want it for your control and to pay them taxes and interest which are entirely unnecessary. “How..”, you ask, “..would MPE be any different?” Very simply: Along with MPE comes ACR (Absolute Consensual Representation) and a mandate which keeps a dramatically reduced government in check. A government which, by the way, due to MPE and no interest, cannot find itself fattened up by corrupt practices and feeding off the bankers’ handouts from the defrauding you of your money.
Meanwhile, do not consider that every transaction (for chocolate bars and newspapers or even furniture and electronics etc) would need a written, signed Promissory note”. It wouldn’t. Your “credit balance” would be held within the CMI (Common Monetary Infrastructure) which is purely and simply a database of people’s assets, liabilities and transactions (including government and corporations).
Now, the first column of page 474 then simply explains the idea of fractional reserve banking which most of us know about. It, itself, is quite a monumental con since the entire basis of it is lending money which the banks simply do not have (while they charge interest on it). When I first started to study this whole monetary issue, I considered that to be where the entire con lay. However, as I proceeded, I realised there was something more while I could not quite put my finger on it and articulate it.
There is a group/organisation by the name of POSITIVE MONEY which is gaining significant interest and support by people and even MPs while they are finding themselves being funded by various sources (Quakers being one – I attended a Positive Money conference in Edinburgh during which Ben Dyson stated this in answer to a question raised “Who is funding you?”). During that conference, which I attended on the basis, initially, of being very supportive of the goals of Positive Money, I found myself asking questions particularly relating to the question of basic money issuance and the words of Captain Henry Kerby in a Early Day Motion during the 60s in Parliament where he said that money should be issued by the Crown free of any interest. I found myself being somewhat ignored by the Positive Money team once I began to question some issues I had with their ideas.
A fundamental flaw by Positive Money is this: They are promoting the idea of having a two tiered monetary system whereby, in everyday high street banking, there would be no fractional reserve whereas, in the higher levels of investment banking etc, fractional reserves could still apply! The PROBLEM here is quite obvious when one considers the outcome of it. It would mean that, while the existing corruption and the corrupt individuals who play it, would be allowed to continue at the upper echelons of the economy – and through which all significant investment in business and infrastructure within the world’s economy is financed – we, the people who work within the real economy, are “starved” of this thing which they, the banks, purport to be money. We would be “starved” of it because of the very fact that there would be FAR less of it due to the eradication of the fractional reserve. Yes, we KNOW (as I have just explained) that the fractional reserve is a con BUT, within the current system, if you allow it to continue for the elite while discontinuing it for the rest of us, then you have, effectively, created an iron fence between the haves and have nots. The haves have already consolidated much of their wealth (corruptly by the use of the fractional reserve) and Positive Money’s idea is to effectively, allow them to steal it as they have, and lock the barn door after the horse has bolted. Our capability, then, to leverage off such a system (within the existing corrupt system as it is), is removed. I hope the reader recognises this?
However, the fractional reserve issue obscures the REAL, fundamental deception which has had the world locked into servitude where it need not be at all.
Let’s proceed to the “Credit creation” section on page 474 of the textbook…
A single bank system:
Think about the liabilities, assets, deposits and cash. What is staring you right in the face here? (and it is the same for ANY and ALL banks of the world).
Answer: NOT ONE CENT OF THE MONEY IN THAT BANK ACTUALLY BELONGS TO THE BANK!
The deposits are from depositors (you and I). The cash, on the assets side of the ledger are the deposits from you and I!
THE BANKS LITERALLY DO NOT HAVE ANY MONEY OF THEIR OWN! Not ONE solitary cent!
But it is OH SO MUCH WORSE THAN THAT! The text goes on to say that the banks then, by way of the fractional reserve con, LEND this “non existent” money to borrowers, from which, the banks gain interest on money which was never theirs and did not exist! BUT, there is an IMMENSE deception here also and this goes to the root of all:
While the bank is ALLOWED to use fractional reserve procedure when “lending” money to people, it DOES NOT MEAN that they necessarily will. What MUST happen first?
The bank MUST find borrowers who are “GOOD” for the issuance of this “non existent” money. PLEASE NOTE HERE THAT I USE “non existent” IN QUOTES BECAUSE, AS YOU WILL SEE, THE MONEY IS NON EXISTENT TO THE BANK BUT IT IS NOT NON EXISTENT WHEN YOU CREATE IT FOR THEM! Yes, YOU work “magic”. It is YOU who transmutate that “potential energy” of the fractional reserve into “kinetic energy” of real value.
How does this happen?
Well the bank cannot lend “money” which, as yet, does not exist and which is simply an arbitrary possibility which exists in the system which says “A bank can retain a its depositors’ deposits and lend a multiple of this figure”. If it could just issue money like this on a whim and keep doing so with NOTHING to back it, then why does it not? Starvation and scarcity could be ended overnight if that were the case.
The bank can ONLY make that fractional reserve manifest itself as REAL MONEY when YOU or I apply our signature to a loan agreement. Now guess what ALL (without exception) of those loan agreements signed by us are?
Please re-read the definition of Promissory notes. They are a promise to pay. Period! We promise to pay back the bank the original “loan” plus the interest they attach to it.
SO WAIT A MINUTE. DO YOU SEE IT YET? HAS IT HIT YOU YET? NO? IF NOT, IT’S OK. IT IS SO MONSTROUSLY SIMPLE THAT IT IS THAT SIMPLICITY WHICH MAKES ALL OF THIS HARD TO GRASP WHEN FIRST INTRODUCED TO IT. DECEPTION IS GENERALLY BEST WHEN IT IS SO OBVIOUS WHEN ONE APPLIES CRITICAL, OUT OF THE BOX, THINKING!
Just allow yourself to remove the blinkers which these people have supplied to you through endless years, decades and centuries of life. To you, your parents, your parents’ parents etc.
EVEN ECONOMISTS, MANY TIMES, CANNOT GRASP THE SIMPLICITY OF THIS. AND NO, PLEASE DO NOT ASSUME I AM HOLDING MYSELF UP AS SOME INTELLECTUAL GIANT. I AM NOT. I HAVE JUST STUDIOUSLY RESEARCHED THIS AND I HAVE HAD HELP BY OTHERS ALONG THE WAY (WHETHER THEY HAVE MEANT TO HELP OR NOT) WHILE TRYING TO BREAK IT ALL DOWN INTO THE BASICS.
The banks, as you know, will not issue money (loans) to anyone without that someone being “GOOD” for the loan. What does “GOOD FOR IT” mean? Well, of course, it means that you have the wherewithal to pay back that loan and the interest. You have an income and/or other assets that act as that guarantee. IT IS YOUR VALUE THAT CREATES THE VALUE OF THE MONEY PAID OUT TO YOU AS A LOAN. IT IS, THEREFORE AS I SAID, YOU WHO CREATES THE “MAGIC” – THE TRANSMUTATION OF WHAT IS ONLY “POTENTIAL MONEY” INTO “KINETIC (REAL) MONEY”. YOU CREATE THE MONEY!
The bank has a process doesn’t it? It does not issue you any money or loan until you can satisfy financial criteria. YOU see that as being absolutely natural and necessary (and it is) but you see it that the bank is then providing you something that they own – the money. You (and the legal/financial/government system which has you BELIEVE in this monetary system – remember it is ALL about “confidence in the banking system”. CONFIDENCE. Why? Because it is a CONFIDENCE TRICK!) have been led to assume that money (in whatever form) emanates from the banks (high street banks, central banks etc) but it doesn’t. When you sign that loan – that PROMISSORY NOTE – it is YOU and YOUR VALUE which backs the issuance of that currency and all the banks do is enter YOUR VALUE as a figure that YOU “PROMISE TO PAY” into their computers.
THE FRACTIONAL RESERVE (or the proportion of it which you are signing a guarantee to) then kicks in and the bank smiles because you have allowed them to manifest a potential value into real value. They need your income/asset statement to “report” validity of issuing that money.
Now, here is the thing: If everyone, tomorrow, stopped borrowing from banks and the original depositors removed their deposits, then the bank would have no deposits to use as a basis for fraudulent multiplication of those deposits by way of fractional reserve. They would, therefore have no cash assets because the cash assets they have are precisely the deposits which have been removed.
So WHERE is all that money that the banks create? NOWHERE. The banks DO NOT “create money”. YOU DO!
So when you read or watch all of those documents and videos telling you that the deception is that Banks can create money “out of nothing”, it is simply not true and is another level of deception which is actually in the banks’ favour for you to believe because then, they maintain the “cloak” over what really happens.
Look at Page 475 of the textbook. You will see the following: “You can also see that each horizontal line in table 33.1 balances assets against liabilities and, therefore, at no stage are accounting principles infringed. The bank’s balance sheet at the end of the process would appear as:
LIABILITIES (£) ASSETS (£)
Initial deposits 10,000 Cash 10,000
Created deposits 90,000 Loans & Advances 90,000
TOTAL: 100,000 TOTAL: 100,000
Again, please remember that not one cent of the money (deposits, cash, “created” deposits, Loans and advances) is money, IN ANY WAY, which has EVER belonged to or been produced by the bank. The bank does not PRODUCE value of any nature within the REAL ECONOMY.
But what else is wrong with the table? There is something missing although the bank/monetary system and economists will never bring to your attention. The table DOES NOT present the true picture and, where it is said, there are no accounting principles infringed and that the system is “in balance” – IT IS NOT!
It’s all in the “loans & advances”. Come on. Think. What’s missing? It’s the “elephant in the room” by its absence.
Loans and advances have interest attached don’t they? Ah! But THAT would put the whole picture out of balance so we can’t show that! But that INTEREST is real. It is added to the loan and advance so the actual figure of 90,000 is, in reality, multiplied by the interest percentage. THAT IS THE ONLY WAY THAT THE BANKING SYSTEM CAN MAKE A PROFIT BECAUSE ALL OTHER MONEY IS ACTUALLY OUR MONEY!
[Note to our Muslim friends who believe their system has no interest: Sorry to disappoint your religious beliefs but, while it is not applied with the word "interest" attached to it, every loan you get has "fees" added while you simply receive the principal. Those "fees" ARE interest and those fees would be applied to the "loans and advances" given in the table. There's no such thing as a "free lunch" for you muslims either. You're deceived by your own corrupt leaders too]
So what do we have here? We have banks, with NO money of their own, issuing us with entirely our own created money and charging us interest on it. While the money we create for them allows them to multiply it further and issue more to us when WE create it for them (with even MORE interest). The PROBLEM is this: The entire economy (the REAL PRODUCTIVE economy which you and I exist in) has ONLY principal.
If only OUR created principal exists in the economy then HOW do we, as a whole, pay back the INTEREST added? IT DOES NOT EXIST IN THE REAL ECONOMY. Not ONE PERSON has ANY portion of that interest to pay back. What does this mean?
It means that you and I have to compete (dog eat dog in fact) to see who can “win” the interest game and for EVERY “winner” there is a loser. However, the REAL winners are the banks because not only do they get paid some of the interest money by the “winners” but the losers relinquish their assets to the banks (your home/mortgage for example). Now take that up to government level (and ALL governments are borrowers). The governments compete (their competition result in wars and the deaths of millions for “supremacy” and resources and our soldiers are the pawns who ignorantly play this real game of death for them on this “Grand Chessboard”) and there are also winners and losers.
Why would our esteemed politicians play this game? Well it’s simple. Look at them. Look at their relative lifestyles and wealth. What happens when you legislate in favour of the banks’ goals and you are privy to the impacts that legislation will have? While, not only can you invest with that knowledge but also, you are retained by the Corporations and banks before, during and after your tenure in office (see Tony Blair, Ken Clarke, John Major just for three excellent British examples of this). The corruption, however, is throughout the system of government and public service because the system, to maintain itself, requires the military, the Police and the judiciary all to keep doing what they do. Meanwhile these people either do not see, or don’t care, that the very corruption they maintain to keep the system in place, will effect them in one way or another. They have families, friends, cousins, etc who may not be in a position of power and that system will negatively impact their lives at some stage.
Now, why do I enclose the word “winners” in quotes? Well how many people out there who thought they were “winners” in this game have recently (since 2008) found themselves losers? Millions of you! Me included.
While remember this: While the world’s economy has crashed, in these last few years there have been additional billionaires (and millionaires) added to the previous list. How can that be when the world’s financial system has crashed so badly and there is “no money” to be had?
Simple: The corrupt “mafia” who control this system have called in their loans – the loans that aren’t loans in reality but are our value disguised. They have stolen your labour and value by way of obfuscation (obscuring the real ownership of money by us).
Ok, before continuing with a closer look at how this obfuscation works (while I hope the foregoing makes it quite clear already), let’s consider some real world examples which impacts us all every single day:
ENGLAND – DARTFORD CROSSING
From Houses of Parliament 1984: Dartford Tunnel House of Lords
The first Dartford Tunnel Act was passed in 1930, but the first tunnel did not open until 1963. That tunnel was so successful that Parliament, in the Dartford Tunnel Act 1967, authorised the construction of a second tunnel. That Act also provided for the whole of the cost of the second tunnel to be defrayed out of toll income. The tolls in 1963 were set at 2s 6d. They are now 60p which is considerably less than they would be if the ordinary rules of indexing for inflation had been allowed to operate. If those rules had operated, the toll would now be 79p or 80p.
There was evidence given in another place to suggest that we could reach that position even earlier. The hon. Member for Thurrock (Dr. McDonald) might laugh, because it sounds like a long time ahead. However, in the context of general Government finance, a period of about 16 years during which time a debt of £68 million is expected to be extinguished is not a long time. In the context of financing such an operation, it is a reasonable period that justifies the philosophy of charging tolls and allowing the user of such an exceptionally expensive crossing to bear the cost of doing so.
The next alternative is that the Government should take over the £68 million debt and that it should be borne by the general taxpayer who bears the major burden of road construction. The cost of building an ordinary motorway is perhaps £2 million a mile. We are talking about a tunnel of a little under a mile to be built at £40 million a mile. We are entitled to say that that is an exceptional cost, that a large proportion of the benefit is obtained by the local users and that some other way should be found of financing that proposition. I do not believe that we are justified in placing the cost on the general taxpayer throughout the United Kingdom.
From h2g2: http://www.h2g2.com/approved_entry/A667839
The first tunnel was completed in 1963 at a cost of £13 million; construction had taken five years due to difficult tunnelling conditions through the chalk. Traffic flowed in both directions between the A2 in Kent and the A13 in Essex.
By 1972 traffic had more than doubled, and construction of a second tunnel began to the west of the first. Again it was hampered by the difficult conditions, cost £45 million, and took eight years to complete.
The Queen Elizabeth II river crossing at Dartford (commonly called the Dartford Bridge) was the largest cable-supported bridge in Europe when it was built. Work began in August 1988, and took three years to build at a cost of £86 million – it was completed on time and within budget.
The following is from a Freedom of Information Act response:
From: Smith, Kevin
20 August 2009
Dear Mr Mark-William:Baker
I refer to your enquiry dated 10 August regarding the charges collected at the Dartford Crossing and provide the following information.
From 31 July 1988 until 31 March 2003 the Crossing was managed by the Dartford River Crossing Co Ltd. The QEII Bridge was not actually opened to traffic until 1991, the construction of this bridge started in 1988.
For the period from 31 July 1988 to 31 March 2002 Dartford River Crossing Co. Ltd. were required to produce annual accounts and these may be requested from Companies House.
They can be contacted at:
Telephone: Companies House Contact Centre – 0303 1234 500
E-mail: [email address]
Address: Companies House
This was an early Private Finance Initiative (PFI) concession, enacted by the Dartford-Thurrock Crossing Act 1988, which transferred the existing debt from the tunnels to the private sector who would retain toll revenue to pay off the existing debt and the debt incurred by building the new bridge. Tolls were set by the Department of Transport (and its forerunners) in conjunction with the Concessionaire. The concession was for a period of 20 years from 31 July 1988, but could be ended as soon as the debt was repaid. The Secretary of State determined that all financial commitments had been met by 31 March 2002.
However, the Dartford-Thurrock Act 1988, Schedule 6, Section 16, (4) (1) contained the provision for a Toll Extension Period for the collection of tolls to provide a fund for future maintenance of the crossing. An Extension Agreement between the Concessionaire and the Secretary of State was in place from 4 March 1999 and allowed the Toll Extension Period to run from 1 April 2002 to 31 March 2003. All Toll Revenue during this period was passed over gross to the Department for Transport.
For the period of the Extension Agreement – between 1 April 2002 and 31 March 2003, the Highways Agency records show the sum of £68,363,698.02 received into their bank.
The current charging scheme at the Dartford Crossing came into force on 1 April 2003 under the powers of the Transport Act 2000. Since that date an annual account has been completed and these for the periods between 2003/2004 to 2007/2008 can be found on the Highways Agency website below, under “Reports”
Copies of the accounts can also be obtained from TSO. (The Stationery Office) who can be contacted at;
PO Box 29
Telephone: Telephone Orders/General Enquiries 0870 600 5522
The account for 2008/2009 is currently being prepared and should be available on our website in early 2010.
For your information there has been a charge in place to use the Dartford Crossing since 1963, when the first tunnel was opened.
From that time until the 30th July 1988, it was the responsibility of the Essex and Kent County Council Joint Consultation Committee. We do not have audited accounts of this period, but you may wish to approach either of these councils directly to obtain data on toll revenues for this period. Their contact addresses are;
Address: Essex County Council Kent County Council
County Hall County
Market Road Maidstone
CM1 1QH ME14 1XQ
Telephone: 0845 743 0430 Telephone: 08458 247 247
Web: essexcc.gov.uk Web: kent.gov.uk
I hope this is helpful.
Kevin Smith, Business Manager
Highways Agency | Federated House | London Road | Dorking | RH4 1SZ
Tel: +44 (0) 1306 878181 | Fax: +44 (0) 1306 878494
GTN: 3904 8181
From Wikipedia: http://en.wikipedia.org/wiki/Dartford_Crossing
From April 2010 to March 2011, 50,939,941 vehicles used the crossing, at a daily average of 139,545 vehicles. This represented a fall back to pre-2002 levels, from averages approaching 150,000 since the turn of the millennium. The highest recorded daily usage was 181,990 vehicles on 23 July 2004.
So we have the following facts:
1. The entire crossing, composed of two tunnels and a bridge, cost £13M + £45M + £86M = £144M. Yes you may say that the £13M, £45M and £86M, at today’s prices, would be higher (but that is all part and parcel of the interest con we are under). But nevertheless, the relative costs WERE PAID FOR at the time. The material, the labour ALL bought and paid for. The supplier of materials and the workers, designers, engineers, everyone would be paid. As stated, for example, the bridge came in ON BUDGET. Therefore, it was paid!
2. In ONE year, 51 million vehicles used the crossing. Now, during that one year, the cost of only a car (not trucks, buses etc) was £1.50. Taking just that figure, the crossing made £76.5M. The cost of a car is now £2. The revenue generated over the 20 year concession (maintaining the £1.50 price for the purpose of demonstration): £1,530M
Let me repeat that: 1 BILLION 530 MILLION POUNDS STERLING!
And yet, even in their own words, they state “The concession was for a period of 20 years from 31 July 1988, but could be ended as soon as the debt was repaid. The Secretary of State determined that all financial commitments had been met by 31 March 2002.”
So what’s going on here? Well, it’s very simple. Privatisation and that privatisation is based upon national debt and the reality that we cannot pay that debt off (under this existing usurious monetary system). The costs we are shouldering for this example, and for a never ending list like it, are to pay the national debt interest (for which we also pay taxes – income and property+ others).
WHILE THERE IS A SOUND, PROVEN SOLUTION WHICH OUR LEADERS IN ALL COUNTRIES WILL NOT EVEN ENTERTAIN. THEY DO NOT WANT THE DEBT TO EVER BE PAID OFF (AND IT CAN’T BE IN THE CURRENT SYSTEM BECAUSE, WITH THE ADDITION OF INTEREST TO AN ECONOMY WHICH ONLY EVER HAS PRINCIPAL IN IT, THE SYSTEM IS TERMINAL).
Yes it is true that our government/leadership do not have the intent to pay off our national debt. They simply wish to SERVICE THE DEBT. As shown here:
Ask yourself the very simplest of questions: Who would not wish to ever pay off their debt? And why?
Now, here is another example of a bridge about to be built:
NOTE: “Cost will be shared between the government… and Surrey County Council”.
Where has both, the government and Surrey County Council got the money to build this? Yes, you guessed it – YOU! And that is the ONLY place they can get it from. So, now they will pay back that money to who? Yes you! In salaries for your labour in constructing it. Once its construction is complete and paid for, there should be no further costs involved (with the exception of annual maintenance which, strangely, we, the people, carry out – albeit through corporations which need to make a profit. However that KIND of profit is unnecessary because it exists to pay interest debt).
But let’s assume another way they can find that money: Taking loans! Loans, as we know, are Promissory agreements/obligations. How do the government and Council pay back those loans? Do they add anything of value by way of labour to the economy so as to take on these “loans” and be “good for it”?
No. It is, again, YOU the taxpayer who pays the “loans” back!
But while this (vicious) circle continues, the debt is fraudulently multiplied by the addition of interest (which does not exist in the real economy which has principal only remember?).
To understand the solution, we must first understand the deception. How do you otherwise find a solution for a problem you do not see or understand as existing? You can’t. It’s like punching an enemy you cannot see.
So, I will attempt to explain this as clearly as I can.
1. The banks have no money.
2.The banks DO NOT “create money” they ISSUE it!
3. These issuances of currency/money are simply representations of your and my own promissory notes.
4. The underlying value of ALL money in existence is NOT gold and silver etc and never was and never shall be. Gold and silver, NO MATTER that they have been around as “money” for millennia, are nothing more than any other commodity – precious metals yes. Have an inherent value of sorts yes (but so does platinum, copper, seeds, in fact any commodity whatsoever) but they STILL represent the value you create within the existing monetary system as demonstrated by the fact they are exchanged for your promissory notes/banknotes (remember banknotes ARE promissory notes – see page 474 once more) – and, as such, they have the inherent fault of being inflationary and deflationary. [Note: Bitcoin also has this flaw and is, in no way, a solution to the world's monetary system. Bitcoin is no more valuable than any other investment such as shares. They act in precisely the same way and, as has been shown, do nothing to prevent wild swings and do nothing, therefore, to prevent inflation and deflation]
5. Inasmuch as the banks are simply representing OUR value, all they are doing is RE-PUBLISHING our promissory notes to one another.
6. You see a house you wish to buy at £100K. You sign a promissory note (“loan”) which is a guarantee to pay - with your labour and/or assets – but, instead of being free to issue that promissory note direct to the house owner/asset holder you wish to purchase from, you are forced to issue it to the banking system.
7. What does the banking system do? It “transmutates” that promissory note having inherent value (YOURS) into it’s own printed promissory notes/banknotes. It then passes those banknotes (electronically credits the house owner’s bank balance) to the owner of the asset/house. Insodoing, the bank then turns to you “the borrower” (who has created that otherwise non existent money for the bank by way of your signature of the original promissory note) and demands you pay them the £100K PLUS interest.
8. That £100K becomes a deposit and a cash asset within the bank and adds to all the millions of other people’s promissory note creations of money to the bank’s “assets” (not their assets at all as we have seen).
9. The banks then use the fractional reserve system to multiply those deposits even further and lends out more of this “money” they say they have. All the while charging interest to each and every “borrower”.
10. This system has been in operation for centuries while we now have approximately 7 billion people on the planet. These 7 billion people (and all those generations before) have, as a whole, never had the interest money issued into the economy to pay the interest so the very most we could ever do is pay what IS issued into the world’s economy and that is PRINCIPAL ONLY. The REAL ECONOMY cannot pay back money which never physically existed because the principal issued is the ONLY amount which reflects the entire value of our labour.
DO YOU SEE IT NOW? DO YOU SEE WHY THE GLOBAL DEBT (that means everyone on planet earth bar none) is what it is?
So if it includes everyone then why would they do it? Because they (the world’s financial oligarchy) will always be able to pay their interest/debt off because they control the system (not that they actually do pay but that’s another story). IT IS LIKE A CASINO. THE HOUSE ALWAYS WINS. The interest is sucked out and up to the global banking elite who then use that wealth to have our governments further legislate to pay off the debt by privatising infrastructure and land/resources. In the end, the elite do not want money. Money is simply the vehicle with which they indebt the rest of us (including governments) to the point where we have to hand over control of all resources, land and infrastructure to them. Once they have achieved that, then the legal system has them in full ownership and, if you own everything, you don’t NEED money!
11. The banks OBFUSCATE the issuance of money. They fraudulently take ownership of YOUR promissory obligation and, as we have seen, this IS “money”. When you sign that obligation (“loan”) they then add it to their assets. What they then can do (and do do) is SELL that note – because it is REAL value – and the market will pay for it. An example of them selling these notes are the Credit Default Swaps and CDO’s which we heard so much of during the mortgage crisis (which still exists). They package the debts (promissory obligations) up and sell them! How can they sell them if they are not REAL MONEY? What gives them their value particularly when, as you understand it, you still have not paid off the “loan”?
So here’s ANOTHER issue: If they sell these notes for money (which they do) THEN SOMEONE HAS PAID THEM THE VALUE OF YOUR MORTGAGE DEBT. THIS MEANS YOUR MORTGAGE DEBT HAS BEEN PAID OFF! BUT THE BANK STILL DEMANDS YOU PAY THE DEBT SO THEY ARE BEING PAID TWICE! THEY HAVE BEEN PAID AND YET THEY WANT PAID TWICE AND STILL DEMAND YOU PAY INTEREST ON AN ALREADY PAID OFF DEBT!
Additionally, according to “law” a debt paid off is a debt no more. If the market buys your debt they have paid it off! Does the buyer come after you to pay off the debt? No. Yet they are the owner of it now. So why does the bank demand you pay an extinguished debt?
12. The obfuscation of the banks then is this: You create the money. They RE-PUBLISH that money as theirs and issue it to the owner. That is ALL the banks do! They then charge you interest on your own created money. In any other circumstance, it would be YOU who charged THEM interest for lending them money! They make HUGE profits out of your signature creating that money for them. They multiply it and lend it out again and again!
So back to the solution:
1. That £100K house we spoke of. What if you did not issue a promissory note to the banks but simply issued it direct to the owner of the house? (this can be applied to any and all scenarios – private or public or corporate).
2. You would issue a promissory note for £100K to the house owner and the house owner’s account would be credited with the £100K directly and instantly.
3. Your account would show a debit/debt which must be paid down (and out of circulation entirely) over a period of time fitting with the type of asset purchased. In this case a house. The paydown period, in this case, could be 100 years. £100,000 paid down over 100 years is £83 per month. NO INTEREST BECAUSE THERE IS NO MIDDLEMAN WHO SIMPLY RE-PUBLISHES YOUR DEBT – i.e. The bank.
4. The accounting of that transaction (and all transactions nationwide or globally) would be handled by what is called a CMI (Common Monetary Infrastructure). A simple database of all obligations and the recording of all individuals and corporations accounts.
5. There would be no such thing as a bank or a central bank. There would be no such thing as “money” from the perspective of today’s understanding of what money is (which is wrong anyhow). There would be NO INTEREST applied to ANY principal within the economy
Do you remember the Liabilities and Assets table of the bank? The £10,000 of deposits and the £10,000 of cash? It was suggested it was balanced (but had not accounted for the interest). Well, in the case of what is MATHEMATICALLY PERFECTED ECONOMY, that balance would be truly kept.
BALANCE IS A FUNDAMENTAL OF NATURE. THIS IS ALSO WHY THE “LAW” (although corrupted) TALKS ABOUT EQUITY. THE LAW OF EQUITY IS THE LAW OF BALANCE: HARMONY.
WITH MATHEMATICALLY PERFECTED ECONOMY WE CREATE HARMONY LIKE NEVER BEFORE.
Can you see/envision all the multiple impacts that the implementation of such a system would have?
Perhaps I will get around to writing a follow up to discuss these. For now, I hope you enjoyed the introduction and that it has achieved what it set out to do: Remove the curtain and exposed “The Wizard” in all his glory!
I am sure there will be many people who may read this and have questions of all sorts – a myriad of them I’m sure. There will also be those who read and will wish to dismiss it all – your prerogative – but you will find, if you apply yourself to learning all about Mathematically Perfected Economy, that there are no “catches”. When you can define the problem – and we have – you are then in possession of VERY powerful “tools” to arrive at the solution.
There are many resources on the web relating to MPE (PfMPE). Coupled with MPE is ACR (Absolute Consensual Representation). ACR fixes the present political/legal problems and, although I have already written many blogposts on the fundamental issue with the legal system, it can always be repeated and written in a revised way to make it even more clear. I intend to do that at some point in the near future also.
PLEASE STUDY MPE. IT IS SIMPLE, EFFECTIVE AND, WITH NUMBERS, WE CAN SHAKE THE FOUNDATION OF THE CORRUPTION AND DECEPTION TO THEIR CORE.
ALEX JONES, MAX KEISER, RON PAUL ETC ETC ETC DO NOT PROMOTE OR SUPPORT MPE. THEY WILL NOT DISCUSS IT IN ANY WAY. THEREFORE, IF YOU CLING TO EVERY WORD OF THESE PEOPLE THEN THIS IS NOT FOR YOU.
IF, HOWEVER, YOU UNDERSTAND WHAT HAS BEEN PRESENTED HERE AND IT RESONATES, WHILE YOU MAY BE A FOLLOWER OF SUCH PEOPLE, I WOULD CHALLENGE YOU TO CHALLENGE THEM ON IT. YOU WILL FIND THAT, WHERE YOU MAY HAVE HAD THE ABILITY TO COMMUNICATE WITH THEM TO ANY SIGNIFICANT EXTENT, THEY WILL REFUSE TO DISCUSS OR DEBATE THESE POINTS WITH YOU. UNTIL I FOUND THIS ARTICULATION OF WHAT I HAD ALREADY SENSED, I WAS LISTENING INTENTLY TO THE AUSTRIANS ETC. NOW I RECOGNISE THE REAL ISSUE, I SEE THE AUSTRIANS ETC SIMPLY WISH TO MAINTAIN THE FUNDAMENTAL DECEPTION AND RETAIN BANKING WHERE IT IS ABSOLUTELY NOT NECESSARY. WHY? YOU TELL ME!
To further prove that these people who are imposing this austerity on us while our promissory notes have been stolen from us by banks who have then sold the notes on (and therefore the debt is extinguished) as securitizations (You remember the Credit Default Swaps etc from the mortgage crash don’t you?). Here is the reality of Promissory notes being sold as REAL value (cash) by the corrupt:
Regardless of whether you signed a mortgage or a deed of trust, you also signed a promissory note — a promise to pay back a specified amount over a set period of time. The note goes directly to the lender and is held on its books as an asset for the amount of the promised repayment.
Here is where foreclosure defense can begin to chip away at a bank’s claim on your property. In order for a mortgage, deed of trust or promissory note to be valid, it must have what is known as “perfection” of the chain of title. In other words, there must be a clear, unambiguous record of ownership from the time you signed your papers at closing, to the present moment. Any lapse in the chain of title causes a “defect” in the instrument, making it invalid.
Promissory Notes are Key to Foreclosure Defense
Some courts may also challenge MERS’ ability to transfer the promissory note, since it likely has been sold to a different entity, or in most cases, securitized (pooled with other loans) and sold to an unknown number of entities. In the U.S. Supreme Court case Carpenter v. Longan, it was ruled that where a promissory note goes, a deed of trust must follow. In other words, the deed and the note cannot be separated.
If your note has been securitized, it now belongs to someone other than the holder of your mortgage. This is known as bifurcation — the deed of trust points to one party, while the promissory note points to another. Thus, a foreclosure defense claims that since the relationship between the deed and the note has become defective, it renders the deed of trust unenforceable.
Your promissory note must also have a clear chain of title, according to the nation’s Uniform Commercial Code (UCC), the body of regulations that governs these types of financial instruments. But over and over again, borrowers have been able to demonstrate that subsequent assignments of promissory notes have gone unendorsed.
In fact, it has been standard practice for banks to leave the assignment blank when loans are sold and/or securitized and, customarily, the courts have allowed blank assignment to be an acceptable form of proof of ownership. However, when the Massachusetts Supreme Court in U.S. Bank v. Ibenez ruled that blank assignment is not sufficient to claim perfection, it provided another way in which a foreclosure can be challenged.
Another foreclosure defense argument explores the notion of whether the bank is a real party of interest. If it’s not, it doesn’t have the right to foreclose. For example, if your loan has been securitized, your original lender has already been paid. At that point, the debt was written off and the debt should be considered settled. In order to prove that your original lender has profited from the securitization of your mortgage, it is advised that you obtain a securitization audit. The audit is completed by a third-party researcher who tracks down your loan, and then provides you with a court-admissible document showing that your loan has been securitized.
A foreclosure defense can also argue that once a loan has been securitized, or converted to stock, it is no longer a loan and cannot be converted back into a loan. That means that your promissory note no longer exists, as such. And if that is true, then your mortgage or deed of trust is no longer securing anything. Instead of the bank insisting that you have breached the contract specified in the promissory note, foreclosure defense argues that the bank has actually destroyed that agreement itself. And if the agreement doesn’t exist, how can it be enforced? A corollary to this argument states that your loan is no longer enforceable because it is now owned by many shareholders and a promissory note is only enforceable in its whole entirety. How can thousands of people foreclose on your house?
In their very own words (yet STILL not admitted outright but, in fact it is here) the ONLY real value of “money” is represented by YOUR PROMISSORY NOTE.
Question: Do we have any recourse even in THEIR own “law” to remedy this and put them away for life?
Answer: Yes (but only if the population get behind it).
It’s called the Theft Act – or Theft and deception Act 1968/1978.
Now, please understand this: The State adopts ITS interpretation of law because we allow it to. We allow it to by taking NO action. Yet ALL of their Acts, their “Laws” can be turned and used against them and we can change how things operate and run in this (and all) countries. NOT by violence, rioting, insurrection etc (where the Human Rights Act allows them to quell such activity and kill you!), but by mass knowledge and intelligence. A true intellectual revolution.
I would like to say “If you wish to part of that, then put your name in a comment box below” but, somehow, and unfortunately, I have this feeling that very few of you would. There seems to be a thirst for knowledge but not such a hunger for solutions and action for change. THAT needs to change otherwise this misery and corruption is just going to continue.
The Hidden Truth Behind The News
Pandora’s Box opens up more Grime and Slime – Occupy Wall Street
Pandora’s Box Opens up more Grime and Slime
Occupy Wall Street Scam
Does the New World Order actually exist? – You bet it does!!
Did you ever link the Masonic Lodge with this massive empire? – You should have!!
Ever wondered how this evil satanic empire obtains its money? – Its easy believe me!!
Did you ever believe that Wiki Leaks was sincere or the current Occupy Wall Street?
Something strange going on here!!
How come George Soros and Rothchilds are funding these well planned illusions?
Before delving into Occupy Wall Street lets just reflect on one bank that topped the list here in the UK.
I came across an interesting article by David Noakes who in my opinion hit the nail on the head when he made the following statement:
The Royal Bank of Scotland (RBS) went from assets of plus £88 billion in 1999 to estimated liabilities of minus £1.3 trillion in 2009 – equal to a year’s income (GDP) for the whole of Great Britain. If Directors with mental disabilities had been appointed, they might have reduced the bank’s value by half. But to utterly destroy it on so stupendous a scale took real knowledge and determination.
It seems clear the wholesale mismanagement and corruption of banks by their directors was not unbelievable incompetence, but criminal. The government huffs and puffs at bonuses and pensions paid as a reward for failure, but then in every case it lets those corrupt payments, totaling billions of pounds, stand without passing legislation to confiscate. It looks as though these huge bonuses and pensions were intentionally paid to compensate directors precisely for destroying their own banks, and for a job well done, Not to mention the donations to political figures and their party
The courts, CPS, coroner, FSA, directors and police have closed ranks to prevent a criminal prosecution or investigation. These services all have large numbers of Freemasons in their senior structures.
High ranking Freemasonry runs right through this banking crisis. All the failed banks, Northern Rock, Abbey, RBS, Halifax Bank of Scotland (HBOS) had Freemasonry controlling their boards. Gordon Brown is a 33rd degree Scottish Rite Freemason, as was Tony Blair; there are 400,000 of them in Britain.
Gordon Bowden and I certainly agree with David Noakes, especially in regard to the Courts, Coroner, FSA, Directors and Police…..we both have continuously exposed massive fraud with forensic evidence produced by Gordon and all information/evidence has been passed on to Politicians, Political Parties, Serious Fraud Office and the local police……they are so arrogant they do not even reply to the claims made and even refuse to take recorded statements under oath. Having said that we must fully understand that this goes well beyond what David Noakes has reported…….this is how the New World Order operates and how they fund their huge organization……they are answerable to no one!!
Now back to the Occupy Wall Street Movement – What is really going on?
From the outside it would appear that a western type Arab Spring is unfolding but is there something more sinister taking place and who is fuelling it?
As we have seen that since the original world financial meltdown there has been increasing unrest in the Arab World and also in such places as Greece, Ireland, Portugal, Spain and now Italy……….we have also seen two very significant protest marches in London, one being for the students and another for the unions regarding cut backs to the public sector, jobs and services etc…….what is now happening is a ground swell of frustrated citizens in the US, UK and EU rebelling against the banking, financial and corporate sector……however, what is truly happening is that this unrest is being hijacked by the political elite, extremely rich members of the New World Order and by the Zionist movement (both Christian and Jewish).
The previous meltdown was a well orchestrated master plan by the New World Order to collapse banks and financial institutions and at the same time close down many companies with resultant loss of income for the workers who in turn lost their homes…….this then allowed the New World Order to pick amongst the carcasses of dead companies and purchase the more lucrative aspect, leaving the toxic debt to the respective governments to bail out who then passed that debt onto the taxpayers.
The spin off from this and the ongoing resultant wars have blown most peoples income out of the water making it almost impossible for families to balance the books and buy food etc……..many have also now lost their homes because they no longer have a job and cannot cover their mortgage……..this then allows the New World Order to once again spread their talons and scoop up their homes at ridiculous prices.
We are now on the verge of a second collapse which will be far greater than the first and this time will directly damage the US, UK, EU and even places like Australia……the impact on the world cannot be ascertains at the moment but believe me it will make the previous meltdown miniscule by comparison.
With all of the above activity the true victim is the ordinary tax payer in each country……the government bail them out……..the banks and the government eventually get their money back or become a shareholder in the institution but the little old taxpayer never gets his tax reduces or his money back and will be responsible for clearing the debt for around 10-15 years…………one in three children (4 million) in the UK will be in poverty, record levels of unemployment, diminished public sector services i.e. NHS etc and cut backs on discount bus fares etc………..so maybe now we get to understand why now its the turn of the west to have their spring. Let’s all remember that if taxes go up and the public sector services go down, it is we that are paying for their excessive greed and fraud…..this is a sort of reverse Robin Hood concept….rob the poor and give to the rich (New World Order).
The only problem is that the New World Order can close down any bank, financial institution or company whenever it so chooses…..in actual fact in can bankrupt any country i.e. Greece, Ireland, Portugal, Spain and Italy etc…….then we see the World Bank/IMF (Who are the New World Order) fly in and offer a rescue package with strings attached…….this forces the respective governments to cut back on the public sector…..what they call austerity measure and increase taxes…..and many other compulsory conditions……once achieved that country remains in debt to the WB/IMF for an indefinite duration if not forever.
Jobs continue to go, food prices and fuel continue to rise and the value of our wage packet drops to nearly half……..whilst all this is going on they are acting out their own geo political plan to fuel dissidents in many countries and to force regime change……it is at this point that the Arab Spring came into being and now the Occupy of Wall Street Movement has taken precedence. Please understand that behind this facade lies many actors that have infiltrated into the groups and crowds in order to stir them up and create civil unrest………in the meantime the Author of the unrest (the funder) takes advantage of this unrest to apply pressure to remove those in government they choose to blame………they also hope that the protest do get out of hand, create civil unrest and damage property etc as this plays into their plan.
One such funder is George Soros…….a notorious fraudster who on face value appear to be one of the crowd but his intention his only to get his own hand picked men into office and then carry out mass arrests of those that were protesting genuinely. It is people like him and the Rothschild’s who encourage conflict and wars as this is not only good for business (Arms Trade) but also keeps up the price of oil to which they directly benefit!!
The only way the genuine activists can win against this evil plan is to demonstrate peacefully and not allow things to get out of control.
George Soros International War Criminal and Fraudster
They must check and double check that those amongst them are genuine and not there to add fuel to the fire or allow a political party to take over their cause for their own purposes……..a good example of this was the last big union rally in London when Ed Miliband stole the show.
Can you imagine if Ed Miliband and Labour took over we would be handing our country over to Israel and no doubt his brother David would come out of the closet to hold a senior position and hey presto job done!!!
Activist should research who are behind these financial meltdowns and make sure that these hard line activists amongst their ranks are not working for the New World Order (NWO)……this is what they want…..disrupt the police, damage property resulting in mass arrests. When this type of action takes place it plays into their master plan and allows them to put their puppets in office, create more security measure and place the country into a total “Police “State.”
We must all understand that if all political leaders and their respective parties, union leaders and police have been informed of this massive fraud and do nothing, then they are part of the NWO. Myself and Gordon have approached them so many times, been to their meeting, sent messages to the Students Union and they do not even answer…….can you imagine thousands of jobs being lost, student fee hikes now triple and yet they choose to ignore that billions of pounds is being siphoned from the system and do nothing…..wouldn’t you as a student start asking questions of your union.
George Soros is a key player in all the New World Order groups and is part of the Bilderberg Group, Trilateral Commission and the CFR.
It is interesting to note the follow comment regarding the movement he his funding:
“Billionaire investor George Soros says he can sympathise with the ongoing protests on Wall Street, which have spread to other US cities”
Let’s also look at some of the other not so glossy comments made about this fraudster:
“A bad week for the financier of American progressive politics got a bit worse. A North Carolina-based cargo airline claims George Soros and one of his partners designed “an elaborate shell game intended to defraud,” and are using it to duck a $ 39.4 million judgment. The company, Tradewinds Holdings a subsidiary of Coreolis Holding say they hold a legal judgment against C-S Aviation Services, and seek to pierce the corporate veil to hold George Soros and Purnendu Chatterjee responsible”.
“George Soros, the hedge fund billionaire, has failed in his latest attempt to overturn an insider dealing conviction handed out in France 23 years ago. The European Court of Human Rights rejected his argument that French law on insider trading was not sufficiently clear to provide grounds for a conviction”.
“He said he understood the anger at the use of taxpayers’ cash to prop up stricken banks, allowing them to earn huge profits”.
Occupy Wall Street Movement is funded indirectly by George Soros who himself has been charged for massive fraud and corruption and it is vital that the genuine members of Occupy Wall Street are aware of this and do not become its victim!!!
George Soros intentions is to create unrest in the west…allow the crowds to force change……a sort of Western Arab Spring…..then change the law to tackle this unrest…a sort of New World Order Patriot Act….. divide and conquer….put in your own puppet government (members being the NWO) and carry out mass arrests and hey presto you have a new government running a new police state and with the brain washed activists becoming the new victims to their own sincere effort by not knowing what they have just done for George Soros and his thugs
George Soros has also supported and financed the activists in Egypt, Libya and Syria but having other evil intentions in mind………..the Arab Spring and the Western Spring are basically the same and the only purpose is to implement their own geo political plan. Did you know for instance that Ghadaffi had intended to privatise all the oil companies in Libya and it was this alone that caused the New World Order via its military arm (NATO) to take out Libya.
Ghadaffi may have been corrupt, like many political figures, but as a President he did more for his country than any other country on the African Continent…….in that regard he was a good man and his country prospered from the wealth…..his intention to take over such companies as BP etc was part of his endeavor to churn the wealth back into the people……now the west has blasted his country with weapons of mass destruction and continue to pillage it natural resources.
The truth behind George Soros
The Occupy Movement was initiated in Vancouver Canada in July 2011 by the Adbusters Media Foundation….a not for profit organization….On the 17th of September a group of around 500 protestors descended on Wall Street……this turn out was very carefully over exaggerated by the media when they announced thousands had turned out in Wall Street!!!
The Mayor of New York obviously knew about this event just prior to the occupation when he predicted “riots in the streets if economy doesn’t create more jobs.”…..how did he know this…..because it was planed by those that had infiltrated the movement and Blomberg was informed……..it is also fact that the police also so happened to have staged a dummy riot on Brooklyn Bridge with various actors and again this was used as part of a propaganda tool by the media and one could assume the same when the activist attended the NYPD building etc. Did you ever ask the question how come this movement became so international in a very short time frame and how come the media, especially Fox and Sky, so enthusiastically falsely report it?……..the answer is simple….it was all a well orchestrated master plan by the New World Order with non other than George Soros at its centre.
Money for the so called activist came also from the Tides Centre with direct connection with George Soros who is directly connected with the Trilateral Commission, the Council of Foreign Relations and is a key player in the Bilderberg Group which is notoriously connected to the NEW WORLD ORDER……there is also a connection to the Ruckus Society which all leads back to George Soros…….it would appear that George Soros pumped in around $4.2 in 2008 and has since this time continuously support dissident groups…….Through George Soros and the New World Order he has also supported dissident groups in Egypt, Libya and Syria……..so far Egypt has fallen and is still pending a new puppet government and Libya is currently within their grasp……Syria almost went but managed to hold themselves in tact although the UN (who also belong to NWO) want the international community to take action (they mean NATO) .……..the final goal is to be Iran…….however with the latest false flag ( plan to take out the Saudi Ambassador) the US have not been so convincing…. LOL!!!!!
It is now time for all activist to do their homework and to find the true axis of evil here within the street of London
Or should that read where money is siphoned off?
This is how the AIM explain themselves by saying the AIM is the London Stock Exchange’s international market for smaller growing companies. A wide range of businesses including early stage, venture capital backed as well as more established companies join AIM seeking access to growth capital. What is doesn’t mention here is that it knowingly allows these scam virtual/shell companies to operate under its banner, even though people like our past and current PM have continuously been briefed, the LSE (London Stock Exchange) and the SFO (Serious Fraud Office) and yet they still do nothing!!!
You may find it hard to believe that the AIM (Alternative Investment Market) is totally unregulated and clearly supports virtual companies/shell companies who pillage thousands of investors of billions of pounds….these investors put their life savings into an offshore oil drilling programme or another phase of a mining project in some remote part of the world (the more remote the better – then you can’t check it out!!) in the hope they will get a good return……..what they didn’t know was that scumbags like the CEO of Lonhro, David Lenigas, are taking their money from day one and lining their own pockets. They operate from boiler rooms at such addresses as shown in the Pandora’s Box banner at the head of this article……..these virtual companies have directors but no staff….they do not even exist…..there is no oil rig…..there is no mine and these fraudulent elite share this wealth…..they include Corporate Directors, Bank CEO’s and very Senior Political (right at the top and some ministers).
One could take the current case of our ex Minister of Defence, Liam Fox and his close friend Adam Wirritty as one such classic case and maybe we can recall our own Prime Ministers, David Cameron’s visit to India when he tried to twist the arm of the Indian PM into accepting another fraudulent deal for and on behalf of his friend Sir Bill Gammell, Non Executive Chairman of Cairn Energy PLC in Edinburgh (a regular donor to the Tory Party). I have already covered the Bill Gammel fraudulent deal but as one would expect the deal went ahead anyway.
So what did Gordon Bowden uncover in the Fox – Wirritty scandal…….this was his email to me which uncovers some irregularities……..one could only assume that Fox was not the only one that benefitted from the many MoD deals and maybe even the Tory Party yet again received a good sized donation………as it did many years ago when it siphoned off £17.8 million of tax payers money to purchase 3 illegal nuclear bombs from South Africa and then allowed them to be stolen from their insecure compound…….one would have to ask Sir Ken Warren and our current PM, David Cameron the truth behind that deal which I have also covered in my Pandora’s Box series…..can you imagine this matter was raised in Parliament by Lord Doug Hoyle and Margaret Beckett MP and to this day the Tory Party have not been forced to respond…..it is recorded in Hansard if you do not believe me so go check it out….the reference is Hansard June 22nd 1993 from column 197…..also note that as a direct result of this highly illegal action Dr David Kelly was assassinated as it was he who had to check the health of the 3 nuclear weapons before departure from South Africa and upon their arrival in Oman before the money could be paid and the £17.8 million placed in the Tory Party Election Fund.
Now that you are starting to understand the dirty side of politics maybe you would like to know more about the Fox – Wiritty fiasco as uncovered by Gordon Bowden.
Start of Gordon’s email:
It wasn’t very hard to find the direct links between those involved with Liam Fox, Adam Wirritty and their Jewish funders, using fraud money laundering front companies.
Adam Wirritty had his pockets filed by.
The chair of Bicom
However, he is in Companies House actually named as.
Mr CHAIM ZABLUDOWICZ
a Director of.
THE JEWISH LEADERSHIP COUNCIL
With some big hitting LORDS and CONSERVATIVE VIP’s
a.k.a without the MR is.
He has a large list of Companies, among them a group of “Tamares” Companies
TAMARES CAPITAL LTD
TAMARES MEDIA (UK) LTD
TAMARES REAL ESTATE INVESTMENTS UK LTD
TAMARES REAL ESTATE MANAGEMENT LTD
The registered address for their interlocking network of common director Companies:
41 DOVER STREET
However, researching the listed Companies Documents they played “round robin” with their “G” Offices, leaving one, only to return in sequence back to the original offices.
The give-away I spotted immediately 36-40 JERMYN STREET. LONDON. SW1Y 6DN
It is in FACT a MASSIVE “BOILER ROOM”
with a variety of SUITE numbers
38 JERMYN STREET. LONDON SW1Y 6DN
And to show the association:
Some of the Companies that fled 22 ARLINGTON STREET. LONDON SW1A 1RD after the PANDORA’S BOX Disclosures fled straight here.
Most of LONRHO’s other interlocked fraud Companies fronted by Aussie Co Artist DAVID ANTHONY LENIGAS
VATAKOULA GOLD MINES PLC
SOLO OIL PLC
LENIGAS AND OIL PLC
KALAHARI MINERALS PLC
UNIVERSAL COAL PLC
PALADIN RESOURCES PLC
PACIFICA ENERGY LIMITED
These and a multitude of other FAKE, FRAUD Money Laundering Director Only Cash Shells.
Like I said, with Company Documents, they can run, but they can’t hide, not with Corporate registered Documents. – Gordon – End of email.
Finally if one is to hold a peaceful demonstration it should be held at the London Stock Exchange, the AIM (Alternative Investment Market) and at all the addresses shown above in the Pandora Box banner…….all of these locations are boiler rooms for virtual companies that do not exist i.e. Oil Company, Mining Company etc who are ripping this country off to billions of pounds each and every year and that’s not counting the tax avoidance aspect…….the directors are in bed with the Banks who are all in bed with Senior Political Figures. Two locations of significant importance is 22 Arlington Street, London (Next to the Ritz Hotel) and Lonhro situated on the 2nd floor of the Cadbury Schweppes building – 25 Berkeley Square London…..it is at such locations where our country has/is been raped and thousands of investors have said goodbye to their investment money.
My final question would be why is David Lenigas still operating these scams and living the high life………you had better ask the SFO and our current government who protect him!!
Peter Eyre – Middle East Consultant – 16/10/2011
For more on Soros, please read other blog entries I have previously written regarding, particularly: “An orchestrated crisis”. Peter Eyre is so very correct in trying to get this message out that Soros (Rothschild boy) and, as I now see, Julian Assange (Rothschild “bitch”) are trying to co-opt this Occupy movement.
The problem with suggesting this is an “anti capitalist” movement is immense: These people WANT Communism. They want a level playing field (sounds good doesn’t it?). But no, it’s not. They want a massive gulf between them (the true evil elite) and us (the rest). So they WANT you to have communism BUT, as with the old soviet idea (and the present EU idea) this “communism” has a tiny elite at the top who run the entire show. They own the government, the banks, your right to live. They dictate any and all political policy, legislation, control the courts, the Police, the entire show. From that comes absolute, unadulterated tyranny. If you don’t focus in on the real evil in this, at the top of the tree, and allow these people to co-opt this movement – it’s the end. Game set and match for the New World Order.
This is why the protests need to be entirely peaceful. Violence gives them every excuse to “put the boot in” and believe me, they will. They can do nothing if there is no violence. But then you also MUST come to terms with and recognise who the puppetmasters are and take your focus away from the “little guy” working in Wall Street. Yes they’re criminals but they have been working in an entirely criminal system. It is the system (and the people behind it) who need to be brought down. NOT by pushing for communism and being anti capitalist (these are just “isms” both of which can be and are corrupted) but by re-constituting LAW. Not LEGAL but LAW. It is ONLY LAW which will beat this system. A LAW which is based upon morality.
“See you Jimmy! Your tea’s oot!” (Aye Jesus was a Scotsman who believed in FREEEEDOM!)
When Lloyd Blankfein of Goldman Sachs uttered the words “We do God’s work”, the man in the sandals had had enough. The ultimate blasphemy. For, what is long forgotten by today’s catholics and christians is one of the basic teachings of the man in the sandals that they follow:
And, by god! Did that man Blankfein and his criminal buddies (which make up the entire governments and corrupt capitalists of the western world) take usury (the charging of interest on money) to an extreme – and still are.
So now, you have the muslims AND the christians (even though most christians will still not understand what it is they are doing in effect) attempting to cast the moneylenders from their temple.
You see, the world has turned for centuries on the basis of this corrupt usury and the Muslim faith and Christian faith BOTH follow the teachings of Jesus in respect to the most fundamental control and oppression of the entire human race!
There is, as I understand it, only ONE religion on the face of this earth that does not outlaw usury (except amongst its own). 3 guesses which one!
One has been brought up being told (the earliest form of political correctness I would suggest) that, in company, one must never discuss politics and religion and CERTAINLY not mix the two. Now, there may just have been good reason for such a teaching by certain people! Because, at the very core, politics IS religion and relates life TO religion – albeit very subtly.
So, with “Occupy Wall Street” gathering pace and numbers all across the globe, I see a merging of the two major religions of the world – Islam and Christianity – whether they both recognise it or not. It is fact. Even for the ignorant, and even for those who have hate for the other, they are actually merging in one fundamental respect: A war against usury.
My only hope is that these two religious forces can come to appreciate that and appreciate what the enemy truly is. That enemy is that ideology which goes against the fundamental teachings of Jesus: A prophet to one of them and a messiah to the other whilst, just fact, an individual who is mocked and held in disdain by the force which would wish to keep its lustful, avaricious grip on humanity.
Personally, I have no belief in any man made god (no I’m no atheist, I am only an atheist toward the gods of man and not the Creator, whoever and whatever it may be) but I DO appreciate the simple humanitarian teachings of this Christ figure – particularly when it comes to this issue of money and usury which he knew was evil.
I again, only hope that, while the protestors against Wall Street greed continue, they do not miss the core of the corruption and the core of the evil. We have all operated within a system set up by this inhuman elite and, therefore, we have all participated to various degrees. Yes the Wall Street Investment bankers have capitalised through insider trading and pure criminal corruption but then the system has been set up this way and you either play the game or you don’t. It has been a conditioning of the human race and while I am making no excuses for those who have played the game fully, I am simply saying they have played within the “rules” of what has been set up as a corrupt game from day one.
To simply try to get these people to pay more tax will achieve nothing in my view. The REAL elites at the very top of this global “ponzi scheme” are wanting this attack on Wall Street and the bankers believe me. They want to destroy the middle class (to some this middle class will be multi-millionaires and even some billionaires but, to the REAL evil, they are STILL “middle class”). The people at the top want the system to crash just leaving a very few elite and the rest of us. With an IMMENSE gap in between. These elite are really not interested in cash any longer. Money was and is simply a tool to them. This tool, over decades and centuries, has allowed them to create and control this “ponzi scheme” while then allowing them to buy their way into power. Power is the control of governments, resources, countries.
Once they achieve that (and please remember when you think of Ron Paul etc who want to go back to a gold standard, that these same elites OWN the vast majority of gold) and they more or less have – they have no need for money. If you own everything you pay for nothing do you? If you own the circus you don’t pay to see the show do you? The ONLY “money” necessary will be for the rest of us and that money will be entirely electronic in time.
So, the point is this: Do NOT concentrate on that which is only a symptom of the disease – the symptoms being that there are bankers getting rich playing the game – but concentrate on what and who created the disease in the first place and eradicate that/them. When I say eradicate, I mean, through education and then law, set the conditions which disable them from having such power. Change the law. Do not go back to a gold based currency, a fiat system of notes is just as good BUT create the law which makes it incorruptible. GOLD is FIAT. Don’t let this idea of it being rare fool you. Yes it is rare but so are moonrocks. ANYTHING can be deemed money and ANYTHING can be manipulated and corrupted. The ONLY thing which protects ANY currency or commodity from manipulation and corruption is the LAW which surrounds it.
We must, however, concentrate on the top of this pyramid and demand that the Foundations which hold this elite’s wealth be scrapped. That the money is redistributed. That the legalities they have used to buy up their power are scrapped and that this is retroactive. It can all be done and done in stages.
But finally, to all you christians and muslims out there: Recognise how the system has been set up and also how your religions have been too (and corrupted) and just realise that we are all one on this world and break down the final “Berlin wall” which is the wall between you both. Let go of the dogma you have been conditioned with since birth and allow basic humanity to allow you both to love one another. Enough of this dogmatic “If you’re muslim you will be outcast if you love a christian” etc. If Islam is a religion of love then love knows no barriers and the same goes for christianity. Start practicing this love you preach. If you put up barriers then you set conditions for love. There ARE no conditions!
And to repeat to Lloyd Blankfein, Goldman Sachs, JP Morgan, IMF, World Bank, BIS etc etc
Your tea’s oot!
In this episode Jesus and his disciples travel to Jerusalem for Passover, where he expels the money changers from the Temple, accusing them of turning the Temple to a den of thieves through their commercial activities. In the Gospel of John Jesus refers to the Temple as “my Father’s house” thus in some views making a claim to being the Son of God.
This is the only account of Jesus using physical force in any of the Gospels. The narrative occurs near the end of the Synoptic Gospels (at Mark 11:15–19, 11:27–33, Matthew 21:12–17, 21:23–27 and Luke 19:45–48, 20:1–8) and near the start in the Gospel of John (at John 2:13–16). Some scholars believe that these refer to two separate incidents, given that the Gospel of John includes more than one passover.
“And Jesus went into the temple of God, and cast out all of them who sold and bought in the temple, and overthrew the tables of the moneychangers, and the seats of them that sold doves,
And said unto them, It is written, My house shall be called the house of prayer; but ye have made it a den of thieves”
King James 2000 Bible
Behold, I will make them of the synagogue of Satan, who
say they are Jews, and are not, but do lie; behold, I will make them to come and
worship before your feet, and to know that I have loved you.
WHO SAY THEY ARE JEWS, AND ARE NOT, BUT DO LIE: ZIONISTS! Or, as Churchill called them: ATHEIST JEWS.
And to any IDIOT who suggests this anti semitic – Get a BRAIN! How can one speak of ATHEIST JEWS and be such? How can there even be such a thing as an ATHEIST and a JEW??
Ask Churchill! He knew! Or was he an “anti semite” too?
Next stop: Occupy the Vatican!
Next again stop: Occupy Jerusalem!
DON’T use violence. Use Intelligence. The latter will grind them into the dust.
We’ve been saying this for years now. Personally, I’ve been saying it since mid 2008 (yes, even to a so called “Jew” who has decided, in his ignorance - and in the British judiciary and Police force’s ignorance – to “take offence” at what I told him was the source of what was coming. Now how would I know that? While everyone else who doesn’t understand how this all works said even as recent as a year ago “That’s Conspiracy theory”) that the world monetary and economic system was going to go into meltdown. Even as the financial crisis of 2008 was happening, I was STILL stating there was far worse to come!!
So YOU tell ME you NAYSAYERS - and you ignorant fucks who don’t understand but call anyone who can see it in advance and says WHY it is happening, an “Anti semite” – how did people like me and so many others you refuse to acknowledge or listen to, KNOW this (and even more) was and is going to happen?
I’ll tell you why: Because we’ve STUDIED it all. Every little scrap of evidence and historical fact to put all the pieces together. Every bit of history that isn’t TAUGHT in our schools to ensure YOU (we) don’t understand how this fucking system works!
So then, when some of us do question and start to uncover that which has been hidden from our historical textbooks and then piece that together with facts and news of what is happening today and how Bilderberg and the Council of Foreign Relations and all the people involved in politics and banking fit into the puzzle, we get demonised as “Conspiracy theorist nutters”, “extremists”, “anti semites” and “potential terrorists”.
And YOU fucking POLICE, in your abject ignorance, just do as your told. Then let me be clear: FUCK your jobs when you lose them and FUCK your pensions! Because you DON’T deserve them you thick TWATS! You bunch of hopeless “yes sir no sir” fools!
MORK CALLING ORSEN – COME IN ORSEN!
HOUSTON, THIS IS DISCOVERY, WE’VE DISCOVERED SOMETHING!
EARTH CALLING AMERICA (AND ALL OTHER NATIONS) WHY AREN’T YOU LISTENING?
Or, in other words: What the HELL is wrong with you people?
Posted by the CATO Institute (if you don’t know who they are, look them up):
Now George Osborne:
You see, what our politicians constantly refer to is the DEFICIT. The DEFICIT is simply a measure of the difference between the amount the government borrows and the income it receives from taxation etc. As you will see in the next but one video however, there are parliamentary questions which quite clearly advise you that the government never has and never will have the intention of actually paying off the NATIONAL DEBT! Yes, it is incredible isn’t it? You’re in debt yet you have no intention of ever wishing to be free of it?
There is a good reason for that. They are DISALLOWED from being free of the debt.
The government COULD issue debt free money/currency tomorrow but it chooses not to. If it did, however, the entire country could be free of debt AND the entire country would have ZERO austerity, very little tax, no cuts to services AND almost FULL employment. How about that? And it is SO exceptionally simple!
But no. They won’t do it. Why? Well that’s also very simple! Hitler mean anything to you?
And now the man who didn’t want to say “Yes” but he was pinned into a corner and had absolutely no choice because Mark Kirk and all other Senators, Congressmen and Parliamentarians know the facts. They are simply too damned scared AND/OR well paid off (bribed) to tell you.
Now, YOU HAVE BEEN ADVISED IN PLAIN ENGLISH BY THE MOST POWERFUL CENTRAL BANKER IN THE WESTERN, IF NOT ENTIRE, WORLD, THAT A NATIONAL DEBT IS UNNECESSARY.
IT HAS ALSO BEEN EXPLAINED, IN A RECENT BLOG, THAT THE ENTIRE CENTRAL BANKING SYSTEM IS IN PRIVATE OWNERSHIP!
FURTHER, THE FOLLOWING VIDEO EXPLAINS IN AS CLEAR AND SIMPLE A WAY AS I CAN THAT, AS A SINGLE ENTITY, THE ENTIRE HUMAN RACE CANNOT AND SHOULD NOT BE IN DEBT!
So, by all means, it is entirely your prerogative (just as the Queen has hers) to continue allowing yourself to be thieved from by your government, your Council and all those who simply demand, like some form of highwayman, that you hand over cash to pay taxes that are entirely unnecessary. Not only are they unnecessary but, due to the fact that it is a privately controlled cartel running a ponzi scheme to suck your wealth dry in order to increase theirs, with absolutely no MORAL legitimacy but only LEGAL (because it is these same personages who are creditors to each and every government and, therefore, they dictate what “Law” is to the debtor – the government) authority, they are substantively illegitimate, morally bankrupt, corrupt and criminal. Indeed, it is a crime on humanity what they are doing when you consider how this very same system then allows millions in Africa to starve to death and how they start wars between countries and murder millions more purely for a buck!
ADDENDUM: Dylan Ratigan MSNBC. Worth every single cent he is paid in salary! Quite brilliant and amazingly gutsy!
Yes. The proof of all of this stuff is coming out now thick and fast. From Bilderberg to the entire World ponzi banking scheme.
The strange thing is that it is all coming from their own lips but, really they have no other choice. It was all a good well kept secret and now they believe they are sufficiently ahead of the game that nothing can be done about it. Well, not true. It just takes guts. Guts by Police and guts by Armed Forces to say “Wait a minute! What have we been fighting for all these years? What were these wars about? About keeping BANKERS rich?” And then turning their sights on the TRUE enemy of humanity.
It’s all in black and white now lads. If you keep bombing in ignorance now then you’re simply going to get what’s coming for ya! And if your families are so “proud of our boys” for getting killed for lies and for the riches of Private Bankers then you are simply imbeciles. Yes you have a gun and you have a bicep. But you ain’t got an ounce of shit for brains and you’re protecting NO-ONE!
Indeed, Ron Paul noted recently that one-third of all fed bailout loans – and essentially100% of loans from the New York Fed – went to foreign banks.
The New York Fed is the most important Fed bank. As Bloomberg pointed out in 2009:
The New York Fed is one of 12 regional Federal Reserve banks and the one charged with monitoring capital markets. It is also managing $1.7trillion [now up to at least $1.9 trillion] of emergency lending programs [and accepting collateral from the banks in return].
While the Fed’s Washington-based Board of Governors is a federal agency subject to the Freedom of Information Act and other government rules, the New York Fed and other regional banks maintain they are separate institutions, owned by their member banks, and not subject to federal restrictions.
For that reason, the New York Fed alleged in the lawsuit brought by Bloomberg to force the Fed to reveal some information about its loans - Bloomberg LP v. Board of Governors of the Federal Reserve System, 08-CV-9595, U.S. District Court, Southern District of New York (Manhattan) – that it was not subject to Federal Freedom of Information Act. As Bloombergreported in a separate article:
The Federal Reserve Bank of New York … runs most of the lending programs. Most documents relevant to [a freedom of information lawsuit filed by Bloomberg news] are at the New York Fed, which isn’t subject to FOIA law, according to the central bank. The Board of Governors has 231 pages of documents, to which it is denying access under an exemption for trade secrets.
As the long-time Chairman of the House Banking and Currency Committee (Charles McFadden) said on June 10, 1932:
Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies ….
Similarly, the Bank for International Settlements (BIS) – often called the “central banks’ central bank”, as it coordinates transactions between central banks, and which is the entity determining the level of reserves banks are required to keep worldwide – is itself owned by the central banks of the world.
As Spiegel reported in 2009:
The BIS is a closed organization owned by the 55 central banks. The heads of these central banks travel to the Basel headquarters once every two months, and the General Meeting, the BIS’s supreme executive body, takes place once a year.
In, other words, the private banks own the Fed (and most other central banks), and the central banks – in turn – own BIS, the global bank regulator.
Interestingly, Spiegel points out that BIS is largely immune from regulation, oversight or taxes:
Formally registered as a stock corporation, it is recognized as an international organization and, therefore, is not subject to any jurisdiction other than international law.It does not need to pay tax, and its members and employees enjoy extensive immunity. No other institution regulates the BIS, despite the fact that it manages about 4 percent of the world’s total currency reserves, or €217 trillion ($304 trillion), as well as 120 tons of gold…
Central bankers are not elected by the people but are appointed by their governments. Nevertheless, they wield power that exceeds that of many political leaders. Their decisions affect entire economies, and a single word from their lips is capable of moving financial markets. They set interest rates, thereby determining the cost of borrowing and the speed of global financial currents.
JESUS CHRIST! This is painful!
Subject: RE: Complaint
Date: Sat, 30 Jul 2011 20:04:41 +0000
I am sorry but this is painful. It was once amusing but now it is simply painful. I will respond by giving you the benefit of the doubt that either:
1. You did not bother to read this or,
2. You sincerely do not understand what I am talking about.
Now correct me if I am wrong but I am sure that I have previously sent you the parliamentary minutes and House of Lords minutes by both a Captain Henry Kerby in 1965 and Lord Sudeley in 1999 respectively. I also believe I have sent you the video showing Douglas Carswell MP stating the fact, within the House of Commons, last year, that the World monetary system is a Ponzi scheme. Further, I believe I have sent you the video of Ben Bernanke, Chairman of the Federal Reserve system, stating clearly that a National debt is unnecessary in totality. Now the last time I checked, neither Alan Greenspan (one corrupt individual) nor Ben Bernanke (another) ever considered or discussed the ISSUANCE of money and how that impacted upon Economics and that is because it has NO impact on the supply and demand of goods and services. The issuance of money is not even taught in Economics and Business tertiary education (or, in fact, at any level within our educational system). Meanwhile, we have Ben Bernanke having been put on the spot by a US Congressman asking him if it were correct to say that there is no need for a national debt and Bernanke replying “Yes”.
NONE of the above has the slightest thing to do with Economics, whether that be Keynesian or Austrian or any other form. It is a basic function of how money is created and not to do with the laws of supply and demand in any way whatsoever.
Let me put it this way: I am advising you that, instead of producing milk from a goat which demands we must pay the goat back all the milk we have consumed PLUS interest of another quart of milk (which was never brought into existence by the goat in the first place), we should have it produced by a cow which allows the constant circulation of the milk and ZERO interest to be paid upon it.
You have responded by saying that by producing it from a cow would have been disastrous for the country. You are assuming that money needs to be borrowed AT ALL. There is NO NEED for the government to borrow ANY money whatsoever. Therefore, there is NO NEED for the country to have a National debt of ONE PENNY. Therefore there is NO NEED for any form of AUSTERITY MEASURES! There is no need for Government borrowing FULL STOP. There is, therefore, no need for the Scottish (or British) or ANY government to have a debt, therefore there is no need for the immense imposition of tax upon the Scottish or British people. Therefore there is no need for there to be no money available for any and all infrastructure projects, education, health, employment. The Scottish government could have FULL employment in Scotland and a fully funded infrastructure, education, health etc etc. I assume, now, the point I am making is CRYSTAL clear?
The Scottish government simply needs to stop the FRAUD of borrowing money from private interests (i.e. Private Central Banks) and issuing gilts/bonds (government collateral) and simply issue it’s currency and credit directly from the Scottish Government/treasury to the nation.
Malcolm, this is not rocket science and it has ZERO to do with Economics!
Now, I will ask you once more to act upon this and bring it to the attention of the Scottish Executive and to the Scottish Public.
Please do so for the humour in what seems to be a broad incapability to grasp logical, simple concepts is running dry while there are people in this country losing their entire livelihoods and, with respect to the aged, their lives due to a system which, perhaps through your ignorance it would seem from your reply, is being protected and supported by you. Please consider the deaths of people due to this system when you consider your actions in ignorantly (perhaps) supporting this ponzi scheme.
Lastly, if I have not sent you the items I list above then please advise because they entirely support what it is I am advising you of. There are no “ifs buts and maybes” here.
Now will you please deal with this matter properly or I shall have no alternative but to make a solid complaint to the Scottish Executive regarding the capability of my MSP to hold office given he is displaying some form of mental incapacity to grasp a VERY simple point. I would, therefore, have to assume that he cannot carry out his duties effectively in representing my or any of his other constituents’ interests.
Subject: RE: Complaint
Date: Sat, 30 Jul 2011 15:27:10 +0000
Well there are just different economic views on this Earthling. You are expressing a pre-Keynesian approach which in my opinion would have been totally disastrous for this country,. Without borrowing the recession would have been a slump and unemployment would have been sky high. Of course the deficit must be dealt with but a too extreme approach is counter-productive which is what I believe is happening right now.
Sent: 28 July 2011 00:15
To: Chisholm M (Malcolm), MSP
Subject: FW: Complaint
As my MSP and representative, I expect you to act upon this complaint since, having sent it into the Scottish Executive, they, of course, have ignored it. They do so by their determination that complaints about the Scottish Executive/Government are only on procedural points. Poor “service” therefore to minor issues which one may raise. As you are fully aware, this is not a minor issue.
Now, I will state this quite clearly: The Scottish Government (as are the UK Government) are defrauding the nation by way of borrowing money/credit and having the people of Scotland pay an interest on a debt which was and is unnecessary in it’s entirety.
I have previously provided support of such an allegation by way of Parliamentary and House of Lords minutes plus a definitive confirmation of the issue by Ben Bernanke of the Federal Reserve System (for it is an entire western monetary issue) so Malcolm, please do not treat this as some “off the wall” issue. Please do not insult my intelligence and please confirm you have read this – I know you fully understand the issue – and that you are bringing it to the attention of the Scottish Executive.
There is no “explanation” of this issue required since, frankly, there is none. The Scottish Executive must “come clean” and advise the Scottish public that such a fraudulent misrepresentation of money and credit and the need for borrowing at all shall be given a full, frank, open hearing.
Please respond and acknowledge this communication with some immediacy.
Date: Wed, 22 Jun 2011 14:17:16 +0000
Dear Mr Salmond and Ministers,
On the Scottish Executive website, it has the following regarding complaint procedure:
The Scottish Government Complaints Procedure
It is important to the Scottish Government that complaints about service are dealt with by the right person at the right time.
If you have a complaint about the service you have received from a department or official, the Government will work with you to resolve the complaint in a full and fair way, keeping you informed of progress.
· First, you must speak to the officials in the business area or department that your complaint is about. Working with you, they will aim to resolve your complaint. You can reach officials through the Main Addresses and Contact Points of the Scottish Government.
· If, working together, you are unable to resolve the issue, the officials will ask you to confirm if you wish to move on to the next stage. A senior official will appoint a Complaints Officer who is completely independent of the business area involved in the stage above. They will look into your complaint and aim to help you resolve it. If your complaint is still not resolved it will be subject to a final review by the relevant Director. If you remain dissatisfied, you then have the option of taking up your complaint with the Ombudsman.
Here is my service complaint and the right person is you Mr Salmond. After all, the “buck stops” with the First Minister on something as fundamental as this. Furthermore, it impacts and applies to ALL departments whether that be finance, social care, Justice, you name it. So let us “work together” to resolve the issue shall we? After all the role of government is to govern by consent is it not? Please answer this first question. Is this a correct statement? The people of Scotland elect their government to represent them and, thereby, are governed by consent. I am sure I have heard you say words to the effect “The people of Scotland have spoken”. So then, let us work together to enlighten the people of Scotland further and ask them to speak once more shall we?
Or do we have something other than a democratically elected devolved government? Please be specific while concise.
You see the fundamental issue with people voting at the ballot box and that being considered “democracy” is that, if the people voting have not been given all the facts and information they require to make an educated and informed decision, then such “democracy” (and the subsequent “contract” between the electorate and the political party for the latter’s legitimacy to govern) is based upon deception. Before anyone signs for their mortgage or any other financial transaction, they are provided with terms and conditions of contract. IF those terms and conditions are judged as not having given the buyer full and frank disclosure, then the contract is considered void and the legal establishment would rightly consider such practice by the seller as fraudulent and deceptive practice. I hope this clarifies my point Mr Salmond?
Now, regarding your service Alex and the service to the people of Scotland of your entire party. My complaint is this: Fraud and deception – plain and simple. Whether intentionally or otherwise perhaps you can clarify? The remedy for this is also very simple however. You advise the Scottish public that, in fact, there is no need whatsoever for a public/national/government debt. You cease borrowing the nation’s currency (and yes I am well aware that, right now, such currency is a UK currency. I am also aware of the fact that, in terms of notes and coins, neither Bank of England nor Bank of Scotland or Clydesdale Bank notes are legal tender in Scotland). I am talking about the issuance of the nation’s credit in total Mr Salmond. The fact that it is issued as a debt and bears interest.
So let us “collaborate” and work together as your Complaints Procedure above suggests so that you may bring this issue to the attention of the Scottish public immediately. Work with me. Let’s resolve the complaint in a full and fair way.
I don’t think there is any need for a Complaints Officer and next stages but, if you are unwilling to “work together” on this issue then I guess it must progress to that stage. However, will the “Senior Official” appoint such an officer to handle the complaint objectively or will he have been told precisely how to handle it to the satisfaction of Mr Salmond and the Scottish government rather than to the satisfaction of the people of Scotland?
Please keep me informed of the progress.
I mean SERIOUSLY! How many F***ING times does this have to be repeated?
When the Guardian run a headline and article like this, there is pause for consideration. On one hand, it is welcome since it is becoming increasingly obvious throughout our society, that the Police are a “law unto themselves”. On the other hand, it is immensely concerning because, as we know (or should) our press is not exactly free and they are, at an editorial level, controlled to ensure that anything the state does not wish to be exposed and published shall not be. As an aside, this is very clear when one thinks of the steps taken by the state to suppress (and oppress) any and all newsmedia who would consider publishing information on the Hollie Greig abuse issue. So one must consider the possibility that this article has been given the “clear to go” by the editorial team because they have not been stopped by the higher chain of command. This is concerning in that one can consider, then, that the establishment (state) are more than happy to have such published for their own reasons.
There is another element to this story, however, which is unstated in the article itself yet, given a moment’s thought, is quite clear:
The British Police are there to protect “the Public” (indeed) but as the article states “Are they?”. Well, they are the protectors of THE STATE, the SYSTEM, this so called “democracy”. If, as the article points out, they are NOT necessarily on “our side” (i.e. the PEOPLE’S side – and I believe I may have just pointed this out before if you care to look at previous blogs) then what the article is ACTUALLY intimating is that THE STATE is not on “our side”. Now give that some thought because that is PRECISELY what this article is saying whether or not the journalist who wrote it appreciates this. The Police act on behalf of “The Crown” and “The State” as do the Judiciary etc. The Police have been given these freedoms to act as they do BY the State. It is not “by accident”.
So, then, here is the article:
Can confidence in the Metropolitan police sink any lower? Even before the past few weeks revealed the possibility of their complicity in the News of the World hacking scandal, and the past few months their brutal attitude towards the policing of students and other protesters, there were many who already had reason to mistrust those who claim to be “working together for a safer London”.
Take Ann Roberts, a special needs assistant, who was recently given the go-ahead in the high court to challenge the allegedly racist way in which stop-and–search powers are used: her lawyers claim statistics indicate that a black person is more than nine times more likely to be searched than a white person.
Or take the family of Smiley Culture, still waiting for answers after the reggae singer died in a police raid on his home in March this year. They are campaigning on behalf of all those who’ve died in police custody. Inquest, a charity which deals with contentious death, particularly in police custody, reports that more than 400 people from black and ethnic minority communities have died in prison, police custody and secure training centres in England and Wales since 1990.
Ian Tomlinson’s family may finally be able to see some justice when PC Simon Harwood comes to court in October on manslaughter charges, but if the story had not been tenaciously pursued by journalists (particularly the Guardian’s Paul Lewis) the police would no doubt be sticking to their line that a man had merely collapsed at the G20 protests and that missiles had been thrown at medics when they tried to help him.
The appointment of Cressida Dick as head of counter-terrorism following John Yates’s resignation is similarly unlikely to inspire confidence in anyone who remembers her role in authorising the fatal shooting of Jean Charles de Menezes in 2005, mistaken for a terror suspect because an officer decided he had “distinctive Mongolian eyes“.
One of the positive effects of “citizen journalism” is how much harder it makes it for the authorities to disseminate disinformation, such as the stories put out by the Met concerning Tomlinson’s death. More recently, in the case of the arrests of UK Uncut protesters in Fortnum & Mason, video footage of chief inspector Claire Clark deceiving the group into a mass arrest has proved highly embarrassing to the police, who nevertheless freely admit that arrests at protests are part of an ongoing intelligence-gathering operation. The use of undercover police officers, such as Mark Kennedy, recently found to have unlawfully spied on environmental activists, has further increased suspicions regarding the motivations for police spying, not to mention the fact that its illegalitymakes it wholly ineffective against those it would seek to prosecute. It is cheering to see those targeted fighting back against such criminalisation of legitimate protest, particularly among those too young to vote, such asAdam Castle, who is taking the police to court over kettling at a student protest last November.
But given the many allegations of police corruption, racism, spying and death in their supposed care, why does anyone feel safe when the police are around? Robert Reiner, professor of criminology at LSE and author of The Politics of the Police, describes the phenomenon of “police fetishism” in the following way: “the ideological assumption that the police are a functional prerequisite of social order so that without a police force chaos would ensue”. In fact, as Reiner points out, many societies have existed without an official police force or with very different models of policing in place. While it may be hard to imagine Britain without a police force of some kind, it is increasingly clear that those who “protect” its largest city are far from doing any such thing.
In the runup to the 2012 Olympics, we should be deeply concerned about the Met’s policies and actions, particularly when they congratulate themselves on things that appear to be utterly in contrast to the way everyone else experienced them, such as the supposed “restraint”shown by police on recent demonstrations. Before the royal wedding, many were arrested on what have been described as “pre-crime” charges, with the effect that many were banned from the city for several days for doing precisely nothing. In parliament, David Cameron described the royal wedding as a “dry run” for the Olympics. If by this he means simply a large spectacular event watched by many around the world, then that’s one thing. If, on the other hand, he means it to be yet another opportunity to pre-emptively criminalise, to increase surveillance, to restrict the movement of individuals and to condemn protesters, then we have a serious problem.
The resignation of those at the top of the police, and waning public trust in police policy in general, give us a perfect opportunity to question the Met’s organisation and tactics. It may be difficult to shake off the idea that the police are “a condition of existence of social order”, as Reiner puts it, but to stop imagining they are automatically on our side might be a good place to start.
Now, I would ask (plead?) that any of our Police force (and/or Armed Services personnel) who read this, pause for some serious reflection and soul searching and consider the content and the message behind this piece of mainstream journalism while, if you wish, considering my previous posts/commentary on the Police in this country and what it is you are not understanding/grasping about where this is all taking us. That includes YOU!
The Police are now losing their jobs (34,000 countrywide by 2014/15).
Why is this happening? It’s called “AUSTERITY”. These measures are being put in place by the IMF and the IMF’s demands are being met by our government for our government have no option (but they DO have an option). They have no option because of ONE SIMPLE FACT: WHO is in control? The Creditor or the Debtor?
Our government BORROWS money by issuing gilts and government bonds. What ARE gilts and bonds? What gives them their value? Where do they come from?
The answer is VERY simple and you need to UNDERSTAND THIS: They are guarantees to the Creditor (they are COLLATERAL) and they derive their value from US. From OUR labour (the sweat off our brow) PLUS the land, the infrastructure, forests fishing rights, every piece of REAL value within our borders and our seas and continental shelf. If this country does not generate enough GDP or GNP to pay the debt then the Creditor gets to a point where they say “How are you going to pay me?” THAT is where the collateral comes in and where the government sell off of assets comes in. The Creditor takes further and further control of these assets and the country is no longer sovereign (and the UK has not been sovereign for decades if not centuries). The wealth is then handed into private hands and this is why, more and more, the Corporations take over (which are entirely controlled by Private Banking interests because it is the private banking interests which have a complete monopoly on the issuance of currency and credit.
Now I could go ON and ON about this but for the sake of brevity I won’t and I will leave it to the readers’ intelligence to see how this PONZI scheme works! It is not a “ponzi scheme” from MY words, it is so from the words of our politicians over decades and this is shown, again, in other recent blogs of mine. Anyone from Douglas Carswell MP last year to Captain Henry Kerby in the 1960s and Lord Sudeley in 1999. AND OUR GOVERNMENT KNOW IT!
My God BEN BERNANKE (Alan Greenspan’s successor and current Chairman of the Federal Reserve System even last year has ADMITTED there is no need for ANY nation to have a national debt!
If there is no need for a national debt then there is no need for AUSTERITY measures. If there is no need for austerity measures there is no need for cuts. To ANYTHING!
So the POINT IS: POLICE WAKE THE FCUK UP AND SMELL THE COFFEE BECAUSE, AS YOU CAN NOW SEE THROUGH YOUR OWN CUTS, THE SYSTEM IS NOW ATTACKING YOU TOO!
And to the Armed Forces: YOU and YOUR FAMILY are being attacked by this system yet this same system is asking you to protect it! DO YOU UNDERSTAND YOU ARE GETTING USED TO CREATE THE VERY SOCIETY THAT IS GOING TO OPPRESS YOU AND YOUR LOVED ONES? DON’T YOU GET IT?
It is very very very simple!
Now for god’s sakes lads WAKE UP!
The SNP are the right way for Scotland.
The SNP think first and foremost of Scotland and the Scottish people.
The SNP are concerned for the people of Scotland’s well being and that of the old people who cannot afford their heating bills.
The SNP want to eradicate poverty in Scotland.
The SNP have multiple projects which they wish to work upon but find are finding the money difficult to come by and are anticipating cuts from Westminster.
The SNP want Scottish Independence.
The Scottish people have strongly voted for SNP and Alex Salmond, your leader, has promised he will improve Scotland for the Scottish people and that he will improve employment and social conditions etc.
All I am asking you SNP supporters then is this: Ask Mr Salmond to explain the following to you and to promise you he will introduce a Scottish sovereign currency. This means that the Scottish government would NEVER borrow money based upon a debt, thereby paying interest. A Sovereign currency means that there is no need for the Scottish government to have Scotland caught up in a spiral of National debt. There would BE no debt.
What is the bottom line? The bottom line is this: If there is no National debt, due to issuing sovereign Scottish currency, then there is no need for a tax (income tax and others) to service the interest on that debt. It would also mean that Scotland would NEVER have to sell/privatise any single piece of land or infrastructure to pay off such a debt (this is essentially bankruptcy of course).
Now, if YOU, as an SNP supporter who truly wants what is best for Scotland and you are not just supporting the SNP for your own gain but for the gain of the nation as a whole (and this gain would be enormous), then please demand that Mr Salmond and/or your local SNP MSP explain all of this to you. If they refuse or if they evade or dismiss it then please again demand they explain, in detail, what this is all about.
Ultimately, if they choose not to (and they will) then I am quite happy to explain this to any and all SNP supporters in a public forum with or without MSPs present. I will provide all factual evidence to support what I am telling you and you will, finally, understand the enormity and the positive effect upon Scotland that the implementation of such a currency would have upon the Nation.
If, however, you choose to ignore all of this, then that is unfortunate and you are doing this nation and the people within it a disservice in fact. If you then wish to proclaim yourself a Scottish nationalist then I am afraid your proclamation is empty. It holds no legitimacy and you are nothing more than a follower of the “cult” of the SNP.
I am a Scottish nationalist and I want what is best for each and every one of you and I understand how it can be achieved VERY simply. But you will never see me on TV shaking hands and smiling nor will you see me in the Scottish parliament making strong “nationalistic” sounding speeches.
I leave that to the Politicians.
I always find it strange however, that people, in general, distrust politicians and the working classes hold the upper classes in disdain and speak about they would trust their own before trusting the establishment YET, because you give the establishment some form of greater knowledge and ability (because they wouldn’t be where they are without it you convince yourselves), you will generally, not listen to someone who is not in that “circle”. So while you hold these people in disdain, you prop them up by offering them this.
You vote for the SNP candidates because you BELIEVE they are “your people” simply because they have the label of SNP and they speak like you – so that shows that you trust them well before you’d trust a British party and a David Cameron. You see? You DO like to listen to “your own”. BUT the problem is this: “Your own” are every bit as controlled a party, and individuals within the party, as are the David Camerons of this world.
So, once more, I ask you: Demand from the SNP and particularly the First Minister, to explain to you what I mean by a Scottish sovereign currency. Then watch how you are evaded or how the question is somehow dismissed.
Please do not let yourself and the question be dismissed. If you do, you are allowing yourself to be lied to and defrauded.
Scottish Independence? Yes
Scottish Independence without a sovereign currency? Impossible and a lie.