Monday, April 6, 2009

The Truth About Banking: How To Break the Bank

Author:Fathertime

First of all, what is money? Money is nothing more than a medium used to exchange for goods and services. Initially, it was an actual receipt for an amount of gold that people stored with the towns goldsmith. Money is also called fiat, which in the Black Law dictionary 5th Edition is defined as: Paper currency not backed by gold or silver (which is in direct contravention of the U.S. constitution). Nowadays, money is becoming digital, a mere number on a computer screen that is printed on a receipt and can be monitored and transferred on a thin, pocket-sized piece of plastic. Now that we know what money is, let’s talk about its origination.
The actual receipt or note for the amount of gold stored with the goldsmith was worthless, what gave it any value was the actual gold it represented. However, these notes or receipts had much more mobility than sacks of gold, so people started to view them as valuable. The goldsmith started to notice that people weren’t withdrawing their gold very often, if at all, after storing it with him. So he decided to loan gold via receipts, to other townsmen, assuming that they weren’t going to come withdraw their actual gold deposit anytime soon. He would charge an interest fee on these loans that were all profit to him, with no regards to the persons whose gold it actually belonged to. When these loan were repaid, he ended up profiting an actual amount of gold with an added interest amount, entirely based around the created value of piece of paper representing someone else’s gold. This fraud created the base principle that every bank in the world to date is built upon.
Banks today are actually built upon creating debt with a currency that is created directly on a computer screen. There is nothing that backs these notes anymore, only the mere thought of gold. We the people have created value in cash, and there is plenty of it out there. However, if everyone decided one day to withdraw all of there cash, like our once gold, from the banks, or the once goldsmith, the banks would fall hard because the majority would not be compensated for their own, hard earned currency. Why do you think that there has been talk about the government turning money completely digital and completely eliminating cash all together, forcing people into using checks, credit and debit cards as the only source of currency? There are already companies like paypal and alertpay who have profited off of this knowledge.
The ironic part is that even though the banks have the power to create money out of thin air, they need people to request these creations. They need people to request mortgage loans and car loans. They profit off the interest and the eventually paid loan. Actually, the banks profit either way! If someone is not able to repay their loans, they confiscate their properties and turn them into profit. The majority of the real estate across our nation is owned by a bank. The fraudulent principle that created banks, has given power banks the power and ownership of almost everything you see in your day to day life.

Check out these quotes: Let me issue, and control a nations finances, and I care not which puppet sits on the throne – Mayor Amchel Rothchild (1743 – 1812); It is well enough that the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning – Henry Ford; The depression was the calculated 'shearing' of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market....The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve Bank - Curtis Dall, FDR's son-in-law as quoted in his book, "My Exploited Father-in-Law".
I’m merely scratching the surface of this monstrous mountain made of money, but what can we do about this? Well, first of all, we have to help each other instead of borrowing from the bank for every dollar needed. If we looked towards each other instead of the banks, the banks only purpose would be for keeping our money safe and insured (which is their actual original purpose). Work at home programs is the best solutions to this problem. The majority of them do not require a large lump sum of money to get started, and your income has potential to be unlimited. Of course taxes may come into play, depending on how big your company grows, but this works better than paying taxes on top of owing money to begin with. However, what I have found to work exceptionally well, and is completely tax free is cash gifting. Since cash is the bottom line of all business, and people have created so much of it due to the cycle of financing created debt with the banks, why not circulate it through the hands of the people and rid the middleman banker? There is no inventory, no licenses to apply for, no bosses to answer to, and when worked properly, cash comes daily to your doorstep. If more and more people got involved in cash gifting, the only job for the banks would be to do what they were meant to do in the first place, instead of profiting from a debt and interest created by someone in need. I highly recommend The Peoples Program, it is labeled as the residual Hybrid of cash gifting. We the people have to take back our power and break the bankers hold on us ourselves. If not, debt will enslave us forever.
If you have found this article to be resourceful and/or informative to you in any way, please check out my other articles such as The Prime Approach to Funding Your Start-up Business and You CAN Really Be Recession Proof. Best wishes to you in all of your ventures!. Please Visit Us http://www.yourclickmarket.blogspot.com 

 

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