The Obama Deception
Damian Marley & Nas -"Patience"
HISTORY !! click the date for more post
- April 2013 (1)
- March 2013 (2)
- February 2013 (3)
- January 2013 (3)
- December 2012 (1)
- November 2012 (3)
- October 2012 (2)
- July 2012 (2)
- June 2012 (2)
- May 2012 (2)
- April 2012 (5)
- March 2012 (4)
- February 2012 (4)
- January 2012 (2)
- December 2011 (7)
- November 2011 (3)
- October 2011 (3)
- September 2011 (1)
- August 2011 (5)
- July 2011 (4)
- June 2011 (8)
- May 2011 (12)
- April 2011 (11)
- March 2011 (10)
- February 2011 (6)
- January 2011 (10)
- December 2010 (11)
- November 2010 (23)
- October 2010 (9)
- September 2010 (5)
- August 2010 (36)
- July 2010 (1)
- June 2010 (5)
- May 2010 (2)
- April 2010 (4)
- March 2010 (10)
- February 2010 (6)
- January 2010 (13)
- December 2009 (18)
- November 2009 (6)
- September 2009 (3)
- August 2009 (3)
- July 2009 (14)
- April 2009 (4)
- March 2009 (12)
- February 2009 (17)
- January 2009 (24)
- December 2008 (17)
- November 2008 (20)
- October 2008 (23)
- September 2008 (22)
- August 2008 (20)
- July 2008 (19)
- June 2008 (24)
- May 2008 (23)
- April 2008 (23)
- March 2008 (19)
- February 2008 (34)
- January 2008 (22)
Kemet Matrix : The Greatest Story Never Told
Followers
Jul 16, 2009
Fleecing a Nation
According to an article on www.TakeBackWashington.com, based on February '09 market values, $1 trillion could be used to purchase Microsoft ($168B), Google ($107B), Coca-Cola ($100B), PepsiCo ($80B), Apple, Inc. ($83B) and Time Warner ($35B), and you would still have $243 billion left to buy up more businesses.
Where does all this money come from? On December 23, 1913 Congress passed the Federal Reserve Act which transferred the power to create money and regulate its value to a consortium of private bankers. The words "Federal Reserve" are deceptive, as the institution is not federal and there is no reserve. The Federal Reserve gave us worthless paper money, called "fiat currency," and gets to charge us interest on this money as we use it. The privatization of banking is going on worldwide, and these central (private) banks have been controlled by the same families for centuries. (Names? Rothschild, Lazard, Israel Moses Seif, Warburg, Lehman, Kuhn, Loeb, Goldman, Sachs, Chase, Rockefeller)
How is debt created? By our borrowing the worthless money and signing up to pay it back, plus egregious interest (usury). If it did not pass through our lives, it would not affect us. But its use as a global form of exchange has left us its victims, and it is the interest on the $$ that is slowly starving us. Banks get to write up our loans as "assets" and are allowed to lend out up to 10 times those "assets" to other people, charging more interest! This is called fractional reserve lending and is the process by which the wealth of common people is transferred to those who control the money. Remember the game Monopoly? This is like a monopoly game ... some players get to invent the money, the rest get to use it, and must continually put up their hard-earned hard assets in order to scrape for more wealth ... but with the playing field (markets) rigged to benefit those who print the money, most of the small fry end up losing ... everything.
The Federal Reserve has been diluting American dollars by releasing vast quantities of them, supposedly to "stimulate the economy." Yet we do not even know who is receiving these vast numbers of dollars, as the average Joe's checking account is leaner than eve
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment