>>the chain of evidence leads more easily to internal groups than to foreign ones.
Nudge... nudge... nudge...
"Ooops"
Best RATs and RINOs money could buy...
Posted on 03/05/2011 11:20:47 PM PST by Rashputin
“Dick Morris (in the his only correct statement in a decade)”
Correct. Morris has found a lucrative market in telling conservatives what they want to hear. His predictions are never right.
Then Alex Jones is right.
All they want him to do is take vacations, play golf, eat ice cream, stir up a little racism, keep his nose out of their business, take care of the unions, and read the teleprompter speeches they write for him.
bttt
Learn the history of banking...
1024 AD
The money changers had control of Medieval England’s money supply and at this time were generally known as goldsmiths. Paper money started out and this was simply a receipt you would get after depositing gold with a goldsmith, in their safe rooms or vaults. This paper started being traded as it was far more convenient than carrying round a lot of heavy gold and silver coins.
Over time, to simplify the process, the receipts were made to the bearer, rather than to the individual depositor, making it readily transferable without the need for a signature. This, also, broke the tie to any identifiable deposit of gold.
Eventually the goldsmiths recognized that only a fraction of depositors ever came in and demanded their gold at any one time, so they found out how they could cheat on the system. They started to issue more receipts than they had gold to back those receipts and no one would be any the wiser. They would loan out these receipts which were not backed by the gold they had in their depositories and collect interest on them.
This was the birth of the system we know today as Fractional Reserve Banking, and like this system of today this meant the goldsmiths were able to make astronomical amounts of money by loaning out, what was essentially fraudulent receipts, as they were for gold the goldsmiths didn’t even possess. As they gradually got more confident they would loan out up to 10 times the amount they had in their deposits.
To simplify how they made money on this, let’s give an example in which a goldsmith charges the same rate of interest to creditors and debtors. In this example a goldsmith would pay interest of 6% on gold you had deposited with them, and then charge 6% interest on money, I mean fraudulent receipts, you borrowed from them. As they would lend out ten times what you had deposited with them, whilst they’re paying you 6% interest, they are making 60% interest. This is on your gold.
The goldsmiths also discovered that their control of this fraudulent money supply gave them control over the economy and the assets of the people. They exacted their control by rowing the economy between easy money and tight money.
The way they did this was to make money easy to borrow and therefore increase the amount of money in circulation, then suddenly tighten the money supply, taking it out of circulation by making loans more difficult to get or stopping offering them altogether.
Why did they do this? Simple, because the result would be a certain percentage of the people being unable to repay their previous loans, and not having the facility to take out new ones, so they would go bankrupt and be forced to sell their assets to the goldsmiths for literally pennies on the dollar.
This is exactly what happens in the world economy of today, but is referred to with words like, “the business cycle,” “boom and bust,” “recession,” and “depression,” in order to confuse the population of the money changers scam.
bttt
bttt
ping
>>The massive withdrawals from money market funds on September 15, 2008 didn’t just start “out of no-where” for no specific reason.
Yup. Lehman brothers failing caused a money fund to ‘break the buck’ and a whole lot of automated trading programs followed their algorithms and did massive electronic withdrawals.
On Monday, September 15, 2008, Lehman Brothers Holdings Inc. filed for bankruptcy. On Tuesday, September 16, 2008, Reserve Primary Fund, the oldest money fund, broke the buck when its shares fell to 97 cents, after writing off debt issued by Lehman Brothers.[6]
The resulting investor anxiety almost caused a run on money funds, as investors redeemed their holdings and funds were forced to liquidate assets or impose limits on redemptions: through Wednesday, September 17, 2008, prime institutional funds saw substantial redemptions
was Bill Xlintoon a Chinese operative?
Evil acknowledges no boundaries, national or moral.
It’s easier to point at one lone boogeyman for some people rather than try to sort out a complex situation.
“He did it!”
Joseph Kennedy.
Then I guess your post is DeBunk, except all those AIG guys wound up working for the administration, while the traitorous GE who refused to quit dealing with Iran, is now making money hand over fist, and Immelt is now the financial advisor.
>>the chain of evidence leads more easily to internal groups than to foreign ones.
Nudge... nudge... nudge...
"Ooops"
Best RATs and RINOs money could buy...
Fractional reserve banking means banks lend less than their deposits, unlike the goldsmiths who loaned more.
Today every loan is fully funded.
It's so simple a fool can understand it.
I knew a local building contractor that was selling new homes at 10%, people were falling all over them selves since 20% was a bargain. This guy loved the Carter years.
“Fractional reserve banking means banks lend less than their deposits, unlike the goldsmiths who loaned more.”
I don’t phocking think so, you better go look it up!!!
I don’t phocking think so, you better go look it up!!!
I did. What do you think the reserve requirement means?
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