Bailing Out The Leaky Boats of Banking
2009 will be remembered as the year of the Big Bailouts, where governments have stepped in to save the Banking System from collapse. Where did our Governments get these huge reserves of cash? In reality the Governments are borrowing that money off the banking system. Not only are taxpayers taking over the ‘toxic debts’ created by the banks, allowing them to keep their ‘toxic profits’, but we are doing so by taking on more debt, giving the banks another asset to profit from over many years. In effect we are paying twice to support the banking systems profit structure. There is an essential absurdity to this, because it is like borrowing from ‘ourselves’ and running up a crippling interest bill to ourselves.
Where is a ‘bankrupt’ banking system getting the money? The thing to understand is that the ‘banking system’ is not ‘ourselves’, they are profit-making international cartels who have captured the monopoly licence of the ‘creation of money’. Our sovereign nation with it’s democratically elected parliament, our constitution and our laws represent ‘ourselves’ and the creation of the money supply is actually our nation’s Sovereign right, not the Banks.The real heart of the problem is the ‘fractional reserve system’ of money creation, which the banking system controls, and the present monetary crisis is due to the banking system having created so much debt-based money on high risk collateral, which they are now off-loading onto the taxpayer as security of last resort.
Watch the short video below, and you will understand the massive Fraud of the Banks against Joe Citizen. Knowledge is Power !
Hey JJ,
Gayla here. Thanks for the heads up. You post is so true. I didn’t know it was happening in your country too. In the US it’s getting down right stupid.
Your blog’s lookin’ good.
Hey Johny Boy
I got a little book years ago and thought it good then and now have found an online version of it.
http://www.relfe.com/plus_5_.html
Check it out, it helps explain.
Kevlarsam
Will do Sammy. Thanks for the info
)
Hi Gayla, you’re right, it is a transnational scam, the Banking houses have worked to secure their monopoly of the money creation ‘Licence’ since 1913 when The Federal Reserve Act came into law in the US and in England I think it goes back over 200 years. Thanks for your comment.
ciao John
Well since you are going down this track Johnny do you know of anyone who has the, “How to Screw Your Bank Manual”, if they can scan it and put it online that should get some serious traffic to your blog.
The thing with it is that there is a lot of reading, it is a full leaver arch file of data, I saw one eight years ago.
Kevlarsam
Johnny
Your post on banking is so true.Here in Canada we know the
feeling.
blog lookin”””’Good
Hi John,
)
The Federal Reserve has been a sore spot with me for sometime now.
If you want answers to the state of our countries, just follow the money trail.
Research the Rothshilds, Rockefellers, Federal Reserve…and that’s just for beginners.
Interesting blog posts.
I’ve been here a few times, and I’ll be back again.
Good luck to you,
Kathy
(welcome back Kathy, you’re right about the money trail . It’s amazing how we don’t ask ourselves ‘ where does it come from? john
Hi John,
Interesting blog! I have read a book on the topic and am really keen on reading more to find out how much longer this madness can last before brings the world crashing down. Any suggested reading?
Keep up the good work!
Sam
Thanks for visiting Sam. The financial system has had a pretty drastic crash already, due to the abuse of money creation by the banking cartels, and they are making us all pay for it. Have a look on Amazon for ‘The lost Science of Money’ by Stephen Zarlenga, 600+ pages, but gives a look at the lessons that history teaches about monetary systems that work (unlike the present chaos), and which could be instigated right now to bring stable prosperity to all nations. Also take a look at the rest of the video series on Youtube. I have posted two of the series.
ciao John
Hey Kevlarsam and all,
I have here the scanned files of the book manual “How To Screw ‘Your’ Bank” – from start to finish. I’ve OCR’d most of the book but need a volunteer or two to OCR the rest of the files into a Word document then I can format it all into one PDF. If someone wants to contact me through thewaterengine.com I can provide the scan jpg files. I’m usually very busy working on open source suppressed technologies and holding a day job also