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...peepee On Republicrats..

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...a lot of things irk me about you d's and r's:..your ignorance of this stinking 'money fraud' going on under your fool noses...your eagerness for foreign intervention and organized mass murder/war..your apparent inability to see/acknowledge the fraudulent nature of the political (s)election process in which you participate and affirm..your phony 'debates'..etc. ad nauseam..

 

...i will pour it all out here..enjoy and join the h3llish chorus!..

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...good one, old mack!...let's hope people wake up and refrain from voting for/affirming/encouraging/etc. obomba and rmoney..d's and r's..

 

...as to the first issue i mentioned in the op:..as a fairly long-time 'monetary realist,' i've found that most/all participants in this phony r vs. d quibble are worse than merely ignorant as to the origin and nature of the very 'dollars' for which they grovel..for example, (and i admit i was once here too) i've challenged many republicrats, eye-to-eye, to 'explain how dollars are created...'...most/many people will look at me like i'm crazy, or 'putting them on' and say something like, 'the government prints them'..(btw, just like i thought at one time..)

 

...a major hurdle for you glenn beckers and ed shultzers around here is becoming aware of your ignorance with respect to 'money'...only then can/will you seek to truly understand...and if you do 'figure it out' you will find that 'the government doesn't print our money....that most/all 'our money' is created by private banksters..as mere numbers into various accounts at some bankster's whim..(see bill still, steve zarlenga, merrill jenkins, 'the truth in money book,' jerry voorhis' 'out of debt out of danger,' 'the money masters,' etc..)

 

...so please do yourselves a favor and stfu about 'the free market economy,' republicrats..you see, virtually half of every 'economic transaction' you undertake is federal reserve notes/tokens..('dollars' to most/all republicrat mullets)..and there is NOTHING FREE, FAIR, SANE, ETC. about 'the dollar creation market'(racket)..

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...i see one of the forum republicrat idiots is pushing the idea of a [direct] 'national sales tax'..

 

...i'd be more inclined to listen to the republicrat dumbass if he/she/it exhibited any honest knowledge about our insane money system!..

 

...you see, you goddamned fools are ignorant of the fact that u.s. taxpayers are forced to pay interest on treasury bonds that the private banksters have obtained by merely entering some number$ into the treasury's account with them!..

 

...hint for you republicrat money ignoramusses:..these private banksters control our money (issuance) system..not 'the government' as you glenn beck fools believe..

 

..and over time the banksters have used this 'money power' to accumulate MASSIVE WEALTH, POWER AND CONTROL OVER THE REST OF US..all while you dumb phucks quibble about obomba and romney..both of whom won't breathe a word about any of thi$ rot..

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...not only are the banksters privileged to 'create deposits' to obtain interest-bearing treasury bonds, they also create deposits when they 'make loans'..

 

...now i know you dumbass republicrats think (if you even think about it at all) the banksters can only 'loan out' what has been 'deposited' with them...THINK AGAIN!..(search 'fractional reserve lending fraud/money creation'..)

 

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, [i.e. 'the business cycle'] the banks and corporations that will grow up around them will deprive the people of all property until their children wake-up homeless.." (attributed to thomas jefferson)

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An Open Letter to Democratic and Republican Voters

 

Our dear slaves,

 

We, the Rothschilds and Rockefellers of the world, extend our heartfelt thanks to the tens of millions of mainline Democrats and mainline Republicans out there who make up the bulk of the American electorate.

 

First and foremost, thank you for the trillions in extortion “bailout” money, and for continuing to vote for one or the other of the two political parties that jointly gave us all that money at your expense.

 

Thank you for letting our uniformed goons grope, radiate and harass you and your loved ones (especially your children!) at the airport.

 

Thank you for always putting partisanship above principle.

 

Thank you for always winking and looking the other way (or mindlessly applauding) when "your" party does the very things you wax indignant about whenever the "other" party does them, and for being willfully blind to the moral and intellectual hypocrisy this betrays.

 

Thank you for never questioning the validity of the "wasted vote" argument.

 

Thank you for being such willing dupes for the teleprompter-reading puppets (e.g., Clinton, Bush, Obama, Romney, etc.) we put before you every election season, and for never asking them real questions.

 

Thank you for being so willfully stupid as to think there’s no fundamental difference between an election and a horse race, and for consequently assuming that even if the candidate you vote for supports the very policies you most passionately oppose, as long as he wins the election, you “win” as well.

 

Thank you for sheepishly letting our water-carrying, talking point-parroting minions in the TV "news" media dictate to you not only which issues are more important than others, but what your "choices" are on election day.

 

Thank you for being so ridiculously gullible that you honestly think a pro-war/pro-police state/pro-debt money/pro-NWO Democrat, on the one hand, and a pro-war/pro-police state/pro-debt money/pro-NWO Republican, on the other, represents an actual "choice."

 

Thank you for being so cowardly, so pathetic, and so unwilling to question the validity of your fairy-tale worldview, that -- no matter how many hardcore facts are spoon fed to you by informed truth-seekers -- you go right on clinging to the term "conspiracy theory" the way a four-year-old child clings to his teddy bear.

 

Thank you for having so much of your precious egos invested in the delusional fantasy that we (the ruling-class oligarchs you like to pretend don't exist) never "conspire" to engage in criminal wrongdoing, that you have to be dragged kicking and screaming (like the spoiled children you all are) into acknowleding each and every fact that points in the opposite direction.

 

Thank you for doing the "SIEG HEIL!" to the official story on 9/11 whenever someone criticizes either the Nazi-style police state or terroristic wars of aggression for which that official story continues to serve as the all-justifying excuse.

 

Thank you for spending nearly all your free time either gazing glassy-eyed at the television, playing video games, or fondling your cell phones.

 

Thank you for always treating politics as just another specator sport.

 

Thank you for being unwilling to recognize an Orwellian euphemism when you hear one (or, even better, for being blissfully ignorant of what the term euphemism even means).

 

And last but certainly not least, thank you for being so arrogant as to think that giggling and snickering at everything like you’re still in high school some how makes you part of our club -- and hence immune from our depopulation agenda. (News flash: it doesn't.)

 

Were it not for your willful ignorance, your moral and intellectul cowardice, and your childlike obsession with mindless distractions, we wouldn't be having such a laughably easy time economically ass-raping you and wrapping the Nazification of America in the American flag.

 

You are without question the wet dream of every totalitarian dictator who's ever lived, because there's absolutely no amount of tyranny or police state thuggery you won't sheepishly put up with as long as (a) you have TVs to gawk at and cell phones to fondle, and (B) you have someone -- anyone -- to look down your snooty little noses at.

 

Your increasingly and ravenously affectionate owners,

 

The Eight Families

 

http://forum.prisonplanet.com/index.php?topic=217087.0;topicseen

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...your eagerness for foreign intervention

 

Yea, I like that. Women gonna get enslaved, dissentors tortured and killed, vote supressed, cash confiscated, terrorism funded, and on and on and on, unless The Mighty US of A steps in.

 

We the good guys.

 

What's your fu(kin point anyway?

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Yea, I like that. Women gonna get enslaved, dissentors tortured and killed, vote supressed, cash confiscated, terrorism funded, and on and on and on, unless The Mighty US of A steps in.

 

We the good guys.

 

What's your fu(kin point anyway?

 

No matter how much it costs in lives and treasure? Listen up, if people all over the world yearn to breath free, let THEM fight for it.

 

Otherwise, phuck'em.

 

...a lot of things irk me about you d's and r's:..your ignorance of this stinking 'money fraud' going on under your fool noses...your eagerness for foreign intervention and organized mass murder/war..your apparent inability to see/acknowledge the fraudulent nature of the political (s)election process in which you participate and affirm..your phony 'debates'..etc. ad nauseam..

 

...i will pour it all out here..enjoy and join the h3llish chorus!..

 

What's the alternative? Where is the revolution? Do we just sit out and let the hard core left/right make these decisions for us? Give us a [banned word] alternative!

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...not only are the banksters privileged to 'create deposits' to obtain interest-bearing treasury bonds, they also create deposits when they 'make loans'..

 

...now i know you dumbass republicrats think (if you even think about it at all) the banksters can only 'loan out' what has been 'deposited' with them...THINK AGAIN!..(search 'fractional reserve lending fraud/money creation'..)

It seems you should learn how it works yourself before trying to mis-educate others. You are missing a key aspect of the process.

 

Your statements are equivalent to claiming that I get free food from Kroger because they take my checks that I get free from my bank and just fill out.

 

Nothing funnier than someone trying to educate people on a subject he mistakenly thinks he understands while not comprehending the most important aspect of it.

Edited by Al68

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..kingblam, you're right, i'm lazy and a terrible typist!..and ee cummings hails from my neck of the woods...

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...teacher, 'we' all think 'we the good guys'..

 

...look, nobody cares if YOU want to march off and 'save the world' with YOUR money, YOUR life etc..

 

...don't let the door hit your arse on the way out!...

 

...all i ask is for you to keep your republicrat dink-skinners out of the trea$ury!..

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corrupt buddha writes: What's the alternative? Where is the revolution? Do we just sit out and let the hard core left/right make these decisions for us? Give us a [banned word] alternative!

 

...good questions!..imo, one thing we can all do is honestly learn about this hideous money (issuance) system and these banksters we live under...and inform our friends and neighbors about this abomination..

 

"You (International Trans-Atlantic Bankers) are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out. If the American people only understood the rank injustice of our money and banking system, there would be a revolution before morning.." (President Andrew Jackson)

Edited by peepee

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a168 writes: "It seems you should learn how it works yourself before trying to mis-educate others. You are missing a key aspect of the process.

 

pp...tell me all about it, please!

 

a168 Your statements are equivalent to claiming that I get free food from Kroger because they take my checks that I get free from my bank and just fill out.

 

pp...huh?!...AGAIN, if you or i want to purchase an interest-bearing bond or 'make a loan' to someone, [by either working or trading, etc..] we have to honestly acquire some federal reserve notes..('dollars' to republicrats)...AGAIN, 'the [private] banksters' are allowed to 'create money out of thin air' (counterfeit) by 'creating deposits' on their books..(i believe this doesn't make sense to you because you [wrongly] think of 'dollars' as the little green rectangles with dead politicians on them...and you think 'the government prints/creates this money'..like most/all republicrat glenn beck goofs..to reiterate, we work for our 'dollars' (at least i do)..the banksters get them for nothing and outbid your dumb ass in the marketplace!

 

a168 Nothing funnier than someone trying to educate people on a subject he mistakenly thinks he understands while not comprehending the most important aspect of it.

 

pp...AGAIN, tell me all about it, please!

 

"Some people think the Federal Reserve Banks are United States Government Institutions. They are not Government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators, swindlers and rich and predatory money lenders..

(Louis McFadden, Chairman House Banking and Currency Comm.)

Edited by peepee

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a168 writes: "It seems you should learn how it works yourself before trying to mis-educate others. You are missing a key aspect of the process.

 

pp...tell me all about it, please!

 

a168 Your statements are equivalent to claiming that I get free food from Kroger because they take my checks that I get free from my bank and just fill out.

 

pp...huh?!...AGAIN, if you or i want to purchase an interest-bearing bond or 'make a loan' to someone, [by either working or trading, etc..] we have to honestly acquire some federal reserve notes..('dollars' to republicrats)...AGAIN, 'the [private] banksters' are allowed to 'create money out of thin air' (counterfeit) by 'creating deposits' on their books..(i believe this doesn't make sense to you because you [wrongly] think of 'dollars' as the little green rectangles with dead politicians on them...and you think 'the government prints/creates this money'..like most/all republicrat glenn beck goofs..to reiterate, we work for our 'dollars' (at least i do)..the banksters get them for nothing and outbid your dumb ass in the marketplace!

 

a168 Nothing funnier than someone trying to educate people on a subject he mistakenly thinks he understands while not comprehending the most important aspect of it.

 

pp...AGAIN, tell me all about it, please!

 

"Some people think the Federal Reserve Banks are United States Government Institutions. They are not Government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators, swindlers and rich and predatory money lenders..

(Louis McFadden, Chairman House Banking and Currency Comm.)

Complete nonsense. I think none of those things you claim I do. And you're just repeating the same nonsense over again.

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a168 foams: And you're just repeating the same nonsense over again.

 

...and what have you offered up, you miserable glenn beck-mitt romney sucking-monetary ignoramus?...you claim i 'missed a key aspect'...i'm all ears..(another mitt romney phony)

 

...turn off the republican radio, dumbass, and think for yourself...for once!

 

http://www.basicincome.com/basic_banks.htm

 

A Privatised Money Supply

Modern Banking and the Fractional Reserve System

[Figures and illustrations were current when written in 2002.]

 

Do you know where the bank gets the $160,000 for your mortgage? It’s very simple. Someone walks over to a computer and types 160,000 beside your name. With only $27.93 of cash reserves for every $10,000 of assets (in Canada as of June 1999) the bank has just created the remaining $159,553 of that interest-earning money out of thin air. When, after 25 years of hard work, you pay off your mortgage, the $159,553 vanishes back into thin air. Not so the interest however. It vanishes into the banker’s pocket. Chartered (i.e. privately owned) banks, such as The Bank of Montreal, The Royal Bank, The CIBC, etc. have created about 95 percent of our total money supply ($589.1 billion as of Sept 1999) in exactly this way. But the cash reserves in their vaults amount to only a paltry $3.893 billion. (About $32 billion of cash circulates in public hands.) This is called fractional reserve banking, and it’s the greatest scam of all time because it creates debt for no reason other than to enrich the banking class. Its long term effect—as becomes clearer every day—is to steadily suck wealth out of the community and into the hands of a few people, a fact that bankers and most politicians stubbornly refuse to admit. Charging interest on money created out of nothing is, in the main, unjust and immoral, and Plato, Aristotle, Cicero, the Bible (Deuteronomy 23:19), the Koran (2:275-278), the Catholic Church at various times, many codes of law and most writers on morals have condemned it for more than two thousand years. The historical name for this evil is usury. Nevertheless bankers enjoy peace of mind because they know that the public thinks they merely lend out the savings of their depositors. In fact, banks create more than 95 percent of all deposits, for when a bank creates a loan it simultaneously creates a deposit. What banks do to justify the accusation of systematic economic exploitation is to lend out interest-bearing money of their own creation using a very thin sliver of legal tender (cash) to back it up.

How did the banks gain this oppressive power of charging interest on mere computer entries? Very simply they lobbied and hoodwinked our politicians into giving it to them—it should be added that some politicians seem to have a special gift for being hoodwinked. Before World War II cash reserves of 1:10 had been the norm in practice. This meant that if you deposited $100 of cash in a bank, the banking system (though not that one bank) would eventually use that $100 to create up to $900 of credit. That credit shows up in their books as $900 of interest-bearing loans (assets), and $900 of deposits (liabilities). Note that credit is not cash—only the Bank of Canada (BoC) can print and coin money—but it’s money nonetheless because you can buy things with it as long as the bank honours your cheques. In 1991 legislation was quietly passed that eliminated required cash reserves by mid 1994. The result? Figures from the Bank of Canada Review show that by September 1998 the ratio of the banks’ cash reserves ($3.893 billion) to their total assets ($1393 billion) had soared to 1:358, a ratio that was never more than 1:15 in the first half of this century. That means for every dollar of cash in their vaults or deposited with the central bank (i.e. the BoC) the banks have conjured up $357 from the void which they’ve invested or lent out with interest. Hence the record profits. Meanwhile not one person in a hundred grasps the fact that our government permits private banks to create about 95 percent of our money supply bringing huge profits to them and endless debt to us. Nowadays the big profits lie in government bonds, currency speculation, the stock market, and derivatives; and banks, with their power of money creation, are up to their eyeballs in all four. But there’s always a day of reckoning. History teaches us that banks are forever finding new ways to commit financial suicide, and when they do they bring the public down with them. (With the collapse of their debt-pyramids the once mighty Japanese banks have been living off the public purse for years.) But what we witnessed in 1998 was unprecedented in human history. In South East Asia, Russia and Latin America, national economies were plundered and millions impoverished, almost overnight, through the deliberate manipulation of “free” market forces.

Now that our money supply has been essentially privatized, how can we free ourselves from this sly form of economic tyranny? In the three quotes below a famous American president, a famous Canadian prime minister, and a governor of the Bank of England in the 1920s tell us exactly what needs to be done. Unfortunately, there’s never been a reform of the banking system while the banks were in the driver’s seat. They must first be rendered helpless by an economic collapse..."

Edited by peepee

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a168 foams: And you're just repeating the same nonsense over again.

 

...and what have you offered up, you miserable glenn beck-mitt romney sucking-monetary ignoramus?...you claim i 'missed a key aspect'...i'm all ears..(another mitt romney phony)

 

...turn off the republican radio, dumbass, and think for yourself...for once!

Again with the fabrications and lies. Maybe someone would take the time to have a legitimate debate if that was your goal. Making up lies about everyone then deluding yourself into thinking your made up fantasy about others is reality isn't going to serve that purpose.

 

I have no obligation to offer up anything, since I'm not the one deluding myself into thinking I can school this forum on a subject you don't understand yourself. You don't get to spout nonsensical claims then demand others prove you wrong. Anyone here can research how the fed works, including you.

 

You want to try to school others, it is your responsibility, not mine, to get your story straight. And to not be so obnoxious about it that no one cares to listen.

 

Of course I wouldn't refuse to answer any question directed at me to the best of my ability, and/or try to direct someone to a better source for what I'm not sure about, if it were asked without delusional petty insults and lies.

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...lol! at a168!...ok, here are some simple, direct questions about 'money?'...#1..AGAIN, what 'key aspect' am i missing?... #2 what do we use as money/'legal tender'?..#3 how and by whom is it created?...(just briefly and concisely...in your own words..)

 

...btw, here's a question for more advanced 'monetary realists' to ponder...steve zarlenga uses this thought construct to explain the 'nature' of 'money:'..what is the first thing that will enter the mind of someone who finds a coin or 'dollar bill' 50,000 years from now?

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...lol! at a168!...ok, here are some simple, direct questions about 'money?'...#1..AGAIN, what 'key aspect' am i missing?... #2 what do we use as money/'legal tender'?..#3 how and by whom is it created?...(just briefly and concisely...in your own words..)

1. The nature of a debt note. It is a debt (not an asset) to the Fed, analogous to how writing a check is a debt (not an asset) to the check writer. The check itself has no value to the issuer, and only has value to others to the extent they choose to value it.

 

2. Debt notes issued by the Fed.

 

3. By the Fed. In the same way any private debt note is created.

 

The problem isn't how the debt notes are created or issued or that there is something inherently wrong with debt notes. The problem is that the devaluation of the dollar each year (by issuing more of them) is a tax on creditors to benefit debtors (notably including government itself). This is only accounted for by the terms of a loan to the extent it is predicted. The bigger problem coming up is the potential for high or even hyperinflation if government doesn't get spending under control.

 

And worth noting is the fact that no law forces us to use Federal Reserve Notes as currency for transactions, only that they are legal tender for debts. The problem there is that people should be free to make and receive loans specifying payment in gold, silver, or anything else they choose. You can thank FDR for that one.

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...a lot of things irk me about you d's and r's:..your ignorance of this stinking 'money fraud' going on under your fool noses...your eagerness for foreign intervention and organized mass murder/war..your apparent inability to see/acknowledge the fraudulent nature of the political (s)election process in which you participate and affirm..your phony 'debates'..etc. ad nauseam..

 

...i will pour it all out here..enjoy and join the h3llish chorus!..

poo poo on Dems! You are an ass licking psycho! I fckd your Mom in the ass while your Dad banged my horse in the ass and then gave my horse head and swallowed. It was some messy face your Dad had. But your mom licked it off with her tongue.

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a168 pontificates: The problem isn't how the debt notes are created or issued or that there is something inherently wrong with debt notes.

 

..so i guess it would be ok with you if say, chickie or vladimir putin was given the exclusive monopoly to create (or destroy) most/all the money in 'the economy?'...OF COURSE IT MATTERS BY WHOM AND HOW OUR MONEY IS CREATED, ROMNEYTARD!!!

 

...HERE'S WHERE YOUR GLENN-BECK-PBS-WIKIPEDIA "UNDERSTANDING" FAILS YOU: "In purchasing offerings of Government bonds, the banking system as a whole creates new money, or bank deposits. When the banks buy a billion dollars of Government bonds as they are offered-and you have to consider the banking system as a whole-as a unit-the banks credit the deposit account of the Treasury with a billion dollars. They debit their Government bond account a billion dollars, or they actually create, by a bookkeeping entry, a billion dollars'... (m. eccles former chairman federal reserve board)

 

...in other words, you glenn beck monetary ignoramusses, 'the government' has given private banks unknown illion$ of interest-bearing obligations of all the people...(what a great gig that mu$t be!)

 

Money creation is the greatest economic power known to man. That power ought always to be exercised in the interest of all the people, never for the sake of private gain or a privileged few." (jerry voorhis)

 

...face it, you republicrats are waaaaaaaaaaaay out of your league here..you glenn beck romney/obombatards need to check out bill still's 'secrets of oz'...for some much-needed basics/unbrainwashing..

 

btw, thank you casey!..it's good to hear the best ideas of the mitt romney herd...

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