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To: dagogo redux

Once I learned the workings of the Federal Reserve, the root of the problems of our world suddenly came into sharp focus. Make no mistake. The Federal Reserve System does NOT foster a free market. It is not capitalism.

The Federal Reserve System is fraudulent by design. Simply put the Federal Reserve creates money out of nothing and loans it at interest to the government. It does this through the smoke and mirrors of selling treasury bonds. Money comes into existence when the government borrows it. At the moment money is created, interest is owed. That means at all times there is more money owed than is in existence. Fractional reserve banking is a hallmark of the Federal Reserve System. Loaning fractional reserves allows banks to exponentially create more money out of nothing. Under the Federal Reserve System money is debt. It makes no sense to talk about paying off the national debt because if we were to do so, there would be no federal reserve notes in circulation.

The erosion of the value of the monetary unit is yet another hallmark of the fiat Federal Reserve System. The dollar is worth 4 cents compared to its value in 1913 when the Federal Reserve Act was enacted. Those of us who must work for a living constantly see the value of our savings erode while we pay interest on money we borrow to buy homes, cars, etc. A bank loans 90+% of its reserves. Through a simple accounting entry loaned money comes into existence and the borrower, usually through his own labor, pays back the principal of the loan as well as interest accrued.

The money changers create money out of nothing, which they loan at interest, while the rest of us must work for it. This is the reality of the design of the Federal Reserve System. The TARP legislation rammed through congress in 2008 just adds insult to injury. These same bankers who feast at the top of the money chain received trillions for nothing while the rest of us as taxpayers are on the hook for the interest on the money borrowed by the government to give to these too big to fail banks. And to whom are we paying the interest? The same banks that got the bailout.

While millions lose their homes, savings, and livelihood, the money changers are using their monopoly on creating money out of nothing to buy up the world’s real assets. They are creating a neo-feudal world government. For how long will they succeed?

In the final analysis to whom does the wealth of the nation belong? (By wealth of the nation I mean to whom do the possibilities of the land belong?) Does it belong to those who have inherited it? To those who have been given it by those in power? Or to the forgotten Americans who have produced it all by their labor, by the very sweat of their brows? Its clear to those of us paying attention that a small group of global oligarchs is working to undermine national sovereignty and gain control of the world. They do this in large part by controlling the world’s money supplies through the world’s central banks including the IMF and World Bank. Clearly these are the wastrels of the NWO. The stage is set for a new American revolution.

The problem is in not directing any revolutionary effort into what the New World Order conspirators wish us to. The Lords of Misrule are also the Lords of Misdirection. These wastrels are in fear. Who do they fear? A United States. For with the polarization and sectarianism in politics in America they would gain cover - and we would both destroy ourselves (our access to goods, food, shelter) - we would see riots ans savagry as race and sect rise against each other and we would inadvertantly LAUNCH the New World Order at the same time - for once the light from “the city on a hill” has gone out, they will step in and take over completely. If revolution comes, it will be at their bidding through a divide and conquer tactic. Beware!


57 posted on 12/28/2009 9:41:23 AM PST by mdk1960
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To: mdk1960

Excellent post.


61 posted on 12/28/2009 9:56:54 AM PST by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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