secretwarsinter.com 04 December 2009
The money stolen from us, and being used by our government through NAMA and the bailouts would have paid off every loan and mortgage in the country. This in turn would actually have given the banks back their Money right?
Question has to be. Why was this not done?
Well, because this way, through NAMA and the bailouts, the banks get YOUR property when they reclaim it. AND, they also get YOUR money through the bailouts . It's a win/ win for them and a lose/ lose for you.
Recessions are no accident! They are orchestrated. Financial bubbles are created by "Fractional Reserve Banking" whereby banks are allowed to loan out money they do not have.
Fractional reserve banking means that the bank is only required to hold, on hand, the small fraction of money (5%) that is needed to cover daily activity. The rest they can loan out at huge rates. So only a fraction of deposits is likely to be drawn upon and / or cashed. This is a PYRAMID scheme dependent on good faith. I thought pyramid schemes were supposed to be illegal ??
Moneys deposited in accounts go into a reserve upon which credit can be issued. In the US credit can be issued to seven times the reserve, in international banks twenty times the reserve can be issued as credit.
An example: If you were to go to a bank and ask for a loan of say, 20,000. The bank can simply create that money as a figure on your ATM, cheque or whatever, out of "THIN AIR", NOTHING, ZIP. lets say you put your house up as collateral for this loan. What has the bank put up? Now the bank is making money from you as interest on the loan right? You might say fine, sur isn't that how banks make money? Well what if you can't pay back the loan? You lose your car to the bank right? Now the bank has a lot of your money, at interest, AND your car "ALL FROM ABSOLUTELY NOTHING" !! This in my view is legalised fraud. Who on earth gave banks this power? It is important to understand this concept in order to understand the larger picture.
This system of banking all creates a false economy. All it takes, once the bubble of debt is big enough , is to create a scare in the economy and start calling in loans.. Bubble bursts, and because there is no real money (debt free) out there to pay back the false money (loans from banks, etc.) we end up in a recession. If the decision was made at the time to simply stop the issuing of credit and allow enough time for the debts to be paid off well then the 'soft landing' our so called leaders talked about, could have happened.
Well that's not what happened is it? NO! To suit their agenda they had to call in loans, crash and burn the economy. The banks and corporations close to the conspiracy get bailouts from their political puppets, use this to buy out their competition, buy up real assets (Both of which have now significantly lowered in price) and give huge bonuses to their good little workers (forget what you have seen and move on ! ).
You can see it happening right in front of you every day right?
The loosening of banking regulations by the E.U. back in the 70's allowed this bubble to be created. Same across the world. Now it's time to sit back and watch the banking elite consolidate power, merge banks, merge corporations and roll out their new monetary Order. The agenda is monopoly. More power and money in less hands. The powers that be know exactly what they are doing. They rarely make mistakes.
You have to ask yourself, do you want the perpetrators of this crime to further their agenda and gain more power from it? Don't be fooled when they come out acting like the saviours telling you their new system will never let this happen again. That's what the people were told after the last depression. They'll promise us restrictions, regulations and anything else to keep us calm until time comes round for their next power grab.
They are criminals and if they have struck once they will strike again. Their new banking system will allow them to fleece YOUR CHILDREN a lot easier.
Anyone that believes it would be any different under Fine Gale or any other party for that matter is gravely mistaken. Doesn't take much to buy out enough 'key' people, and all it takes is one dodgy deal to hang over his/her head to keep them quiet. Remember all the secret meetings around the time that NAMA was being set up? A lot of good TD's at the time showed concern. Why the secret meetings? Well if any one of those good TD's were to see banking officials give orders to the government, there would have been a revolution the following morning.
So what can we do about this injustice I hear you ask? Well what do they do in other countries? They Revolt and demand that such crimes be reversed. Demand a sound monetary system and bloody well get it. I'm not suggesting we march on leinster house with guns and pick axes. I am calling for exposure of this blatant scam, peaceful protest with placards, demanding voices and an absolute persistence, so that people get a fair deal. Not like in this case, when the ugly reality of the oligarchy came true for magella and her family. http://audioserver.todayfm.com/audio/majellaemail.mp3
How can we fix the banking problem? The public must demand that money not be created and issued as loans from private banks. It must be something that is openly and publicly controllable, issuable, accountable, and interest-free.
But what if we do get our own sound currency and break away from the European system? Will they turn their backs on us? I say let them. We have some of the richest land in the world for farming. We have oil off the west coast being stolen from us by shell. A well educated workforce. Not to mention the fact that we are surrounded by water and fish. Anyone really going to try and tell me we can't sustain ourselves?
It's high time this fraud was exposed, and, as it is too late for the government to pay off our debt's, is it now time for us to demand that they be cancelled? Seems that would be the only fair thing to do right?
Because we are tied to the Euro you might think it would be difficult to demand a new, sound monetary system. Well England, as part of the EU still have the pound right? Why can't we demand our Punt back and end 'Fractional reserve Banking' in Ireland for good? Whatever way we move forward it has to be without Fractional reserve, "and" central banking because central banking working under the same system is a mere tool, which allows the Government to pull the strings of banks under it and vice versa.
So stop playing the blame game out there. Let's end the war between the public and private sector. This war only serves to shift the blame from the true culprits. We are playing right into the hands of these criminals when we fight each other. Fact is that nobody should be taking cuts. The only issue here should be the exposure of the criminal fraud outlined in this article, and the insane banking system itself that allows this kind of criminality to occur.
I have been fortunate enough to keep myself out of debt as have many others but I will not sit idle while my family and friends worry their way trough, possibly, the rest of their lives. Especially when these B******S knew all along, and for years, that this was coming down the line.
To all of you out there that were pushed and pulled into debt by these criminals. . . . . . . .
IT'S TIME TO GET ANGRY!!.
YOU "HAVE" BEEN TAKEN FOR A FOOL.
YOU'VE HAD YOUR MONEY AND PROPERTY STOLEN BY A BUNCH OF CRIMINALS'.
THESE CRIMINALS MUST BE BROUGHT TO JUSTICE.
OUR INACTION WILL LEAVE OUR KIDS AS SLAVES TO THIS SYSTEM.
GET ACTIVE, GET INFORMED AND GET INFORMING OTHERS.
Please spread this article any way you can. Thanks.
To learn more about the banking system, click here. . .
http://www.secretwarsinter.com/Money-and-Banking.htm
