Earthlinggb's Blog

INCREDIBLE NEWS! (from Ireland)

Posted in Finance by earthlinggb on July 11, 2013

HELLO! HELLO! ARE YOU LISTENING?

IF YOU ARE, FOR GOD’S SAKES MAKE THIS SPREAD LIKE WILDFIRE!!!

THIS NEEDS TO GO VIRAL! HELP YOURSELVES FOR GOD’S SAKES! THIS KILLS AUSTERITY! AND SAVES YOUR HOME AND REVOLUTIONISES THE ENTIRE WORLD MONETARY SYSTEM!

“Its special attraction is its sheer simplicity. Government would legislate to allow all residential mortgagors, whether up to date or in arrears, to unilaterally restructure their monthly repayments by requiring the lenders to accept the borrower’s promissory note instead,” Mr Honohan said.

I’ve been harping on about MPE and Promissory notes and that they are as good as – in fact ARE – money, for donkeys now. This is getting SO close to confirming it (as if it needs to be confirmed if people just use their heads to confirm it for themselves!) that WE HAVE TO MAKE THIS BLOODY VIRAL PEOPLE OTHERWISE YOU ONLY HAVE YOURSELVES TO BLAME FOR THE ONGOING MISERY!

This is SO CLOSE to a full, outright admission, it’s blown me away!

The Independent.ie article

Promissory notes in Independent.ie

Now, please read my blog of a few weeks ago titled “The New Economics will be mathematics”:  https://earthlinggb.wordpress.com/2013/05/11/the-new-economics-will-be-mathematics/

One only now needs to ask oneself: WHY do we sign our PROMISSORY OBLIGATIONS over to a middleman (the Banks) and pay interest on it? Why do we allow them to obfuscate our promissory obligations and STEAL our money from us and simply “RE-PUBLISH” them at an immense cost to us?

COME ON PEOPLE. THIS SOLUTION IS NOW IN THE PALM OF YOUR HANDS! WHAT ARE YOU GOING TO DO ABOUT IT? NOTHING?

For an overview of MPE  and why the governments and banks do not want its full implementation watch the following videos in sequence…..

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4 Responses

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  1. Jef said, on July 11, 2013 at 10:34 pm

    Well done and thank you for being the bringer of great news! Sharing…. 🙂

    • earthlinggb said, on July 11, 2013 at 11:04 pm

      You’re welcome Jef and yes it is bloody great news. The only thing is that people who are so dumbed down need to get a grip of themselves and recognise a completely new way of living life! People would actually be able to live and enjoy their lives if they got to grip with this and demanded our corrupt government to destroy the entire banking system which is unnecessary!

  2. Liz Lambert said, on July 12, 2013 at 4:29 am

    Don’t even have to use legislation to get this done- watch out for a story coming out from New Zealand soon.

    • earthlinggb said, on July 12, 2013 at 10:14 am

      Hi Liz,
      Please send a link when it does. 🙂
      However, I do realise that if one requests a mortgage “holiday” from one’s lender, it is done in a similar way to this (or can be) which is you signing a further promissory note – which, here, they are simply suggesting is an IOU and you still have to pay the full mortgage loan at the end of the term – This Irish article is not stating the full picture of what actually is being done and could be done but it is stepping so very close to it and giving those who have never considered the reality of where the real value of their mortgage lies and how it can then be parcelled up with others to sell as a CDO or security to investment markets. There is still that one step of understanding that people need to grasp – it is OUR promissory notes which create the money and the banks simply re-publish them by conversion to THEIR form of promissory note (bank money) which is simply a representation of OUR money (the promissory obligation) and then they charge us interest on it. The entire economy (real productive economy) is composed of ONLY principal (the money issued into it) but no interest. It is then mathematically impossible for the principal AND interest to ever be paid back because the interest does not exist as physical money within the real, productive economy.


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