.
How Times Have Changed.Article HERE
.
Saturday, November 21, 2009
Wednesday, November 11, 2009
World Runs Out Of Gold.
.
Well, then.
Now that we are out of gold, let's use infrastructure to support our money instead, and build/grow our way out of this staggering debt and looming economic disaster.
Jobs. Money. New Bridges. No debt.
Beat that.
.
What else have you got to do this week but to explain this to 9 of your 10 best friends.
Don't tell your "smart friend", they will only argue with you because they did not think of it.
It's a pride/ego thing.
Go. Tell them.
Friday, October 9, 2009
It's Not The CO2 (plant food) It's The POLLUTION!
.
We Can
Fix The Infrastructure AND Clean The Planet.
This is a sample of ocean water in the middle of the TOXIC GARBAGE PATCH.
CO2 = Carbon Dioxide
You exhale CO2.
We all exhale CO2 and plant life needs it to survive.
It's part of the carbon life cycle - Water, CO2, Sun, Oxygen.
They have turned CO2 into the boogieman.
That way, everyone is an environmental criminal.
Then they can tax you as you breathe.
So, it's not the CO2...
It's the Pollution!
In both the Pacific and the Atlantic, there are toxic garbage patches.
Many thousands of square miles of plastic sludge.
A single poisonous patch is the size of the U.S.
There are several.
.
PLEASE WATCH THIS
It's Time We Require Our Government
Not Only To Rebuild Our Infrastructure,
But To DIRECTLY FUND The Clean Up!
Don't borrow the money!
Create it - DEBT FREE!
Create the money to build the factories - debt free.
Create the money that will build the machines - debt free.
The newly created money would be tied to production, so there is no inflation.
Stop believing the lie that too much money is the problem.
Too much debt (and, the unpayable interest that comes with it) is the problem!
Besides, you've never met anyone who thought they had too much money.
The problem is in your mind - in your imagination.
Break your conditioning.
Change the way you think about the creation of money, and the fix will be obvious.
Create money as wealth to pay for infrastructure production,
instead of debt + unpayable interest.
If you don't change the way you think, and you hang on to the old toxic way of thinking, you will be part of the force that drives this economy and most other economies around the world,
into the
ground.
Imagine the new technology we could develop AND PRODUCE!
Just one example, we could develop and build solar/hydrogen powered robotic ships that could sail our oceans and "harvest" the plastics and toxins. Most of these toxins are floating near the surface, so they could be collected, bailed and packaged into floating bundles to be connected, and then collected by robotic barge, for reprocessing.
Imagine the new jobs and the increased standard of living.
Fix the infrastructure. Clean the planet.
Imagine how we could turn this entire situation around for our posterity.
It is our duty.
All we need to do is change our concept of money.
Change it from one of debt to one of wealth.
The cosmic fabric of the universe will not tear, if we have less debt.
Arrest your fear and stop listening to the phony "experts".
WHERE HAVE THEY GOTTEN YOU?
Use your head.
THINK.
We create money NOW - we just allow banks to create it as debt.
Bad.
Debt with unpayable interest is bad.
New debt-free money, put into circulation as direct payment for production of infrastructure that is available for, and a benefit to, everyone.
More benefit - more money.
Have you seen pictures of Detroit lately?
How about East St Louis, Las Angeles, Chicago, Houston, Miami, etc, etc...
Rebuild. Clean up. Fix the economy.
Do you like the choking debt??
Do you?
If not, work for a change.
This change:
With passage of the MINNESOTA TRANSPORTATION ACT,
we will be taking to first step toward honest money, prosperity, and a cleaner planet.
Demand Passage of
Tuesday, October 6, 2009
Sunday, October 4, 2009
World Bank Running Out Of Money? LIES!
.
IMPOSSIBLE!
Article HERE
It is impossible for an entity to run out of money when they make it up on a computer keyboard, as digital bookkeeping entries.
.
.
Friday, September 25, 2009
Financial Armageddon? WHY?
There is NO NEED for Financial Armageddon!
None!
We do NOT have to be short of money!
Use your head. Why would we be short of money if we can create it legally and Constitutionally?
We are only short of money because we have been overcome by the falsehood that all money must be borrowed.
We could create new money every time we build something, every time we fix our crumbling infrastructure.
.
Tuesday, September 22, 2009
Sunday, September 13, 2009
Wednesday, September 9, 2009
Tuesday, September 8, 2009
Duh.
.
.
What do you expect, when you use debt for money?
I had better be more debt - it's a mathematical certainty.
.
Friday, September 4, 2009
Financial Genocide?
.
Webster's Dictionary
geno-cide: the deliberate and systematic destruction of a racial, political, or cultural group.
Q: Are the mega bankers engaged in a crime against humanity?
A: Is it deliberate, systematic, destruction?
You are witnessing a deliberate, systematic, controlled destruction, of the US economy.
Multi-National, Corporate, Banker-Run, Genocide.
A QUESTION FOR THE BANKERS:
When it is all said and done, what will you have "conquered"?
What will you "rule" over?
A giant, toxic, evil, psychopathic, corrupt, prison of greed and sin.
Congratulations.
Look 50 pages deep. LOOK!
Who do you think finances this?
Who could stop it?
YOU NEED TO KNOW RHESE THINGS TO FIX IT
What we know:
1. If something exists, it was created.
2. Money exists.
3. Therefore, money is created.
Once "money" is created, it has to be introduced into the economy for us to be able to use it and there are only 3 ways to get the new money into the economy.
1. Gift it in.
2. Loan it in.
3. Spend it in.
Think about it.
Each has its pro's and con's.
Here's the executive summary:
Gift it in? Loss of value.
Loan it in? Unpayable interest and inevitable financial collapse.
Most people have been conditioned toward 2 responses:
1. "Spending" is bad!
or
2. We need to "spend" more!
But both groups ignore one fundamental and extremely vital fact. The fact that, right now, ALL of our money is created as a loan to someone. It is ALL debt. No debt, no money. So ALL of our money, in the aggregate, has to be paid back. Plus interest! Now the dirty little secret: there is no "plus interest" in the economy, only the original borrowed principal. We have to borrow to pay the interest. Impossible.
Before you "spend" you have to borrow! So, it's not the "spending" that the first group fears that's bad, it's the borrowing that comes first, that's bad.
Before you "spend more" you first have to borrow it, going further into debt! And that's what's bad about "spending more".
Spend it in? In other words, create it, debt free, and spend it in to the economy for the things we need and use. Only one catch - the things MUST be a benefit to ALL PEOPLE. Otherwise one group gets an unfair advantage over another.
If you "Spend It" into the economy (without first borrowing it), you have to "buy" something, and by doing it this way, production must match the spending (there must be something to buy!). Therefore, it's non-inflationary. Jobs are created - don't we need that? The people become wealthier because the new money is not a loan and does not have to be paid back - it stays in the economy so we can use it, save, invest, etc.. Spending it in does NOT create more debt; when spent on high quality infrastructure, it creates more wealth.
It is a CONSTITUTIONAL idea!
See Article 1, Section 8. (Congress can "coin", or create, money for roads).
Compare that to the illegal debt mess we live under now.
If we spend it in, for the highest quality infrastructure (roads, bridges, tunnels, dams, levees, electric grid, hydrogen fuel, rail, desalination plants, desert compost zones, smart lights, airports) we will live in a safer, cleaner, "richer" and more environmentally gentle country.
Imagine the possibilities.
.
Tuesday, August 25, 2009
You Have GOT To Be Kidding...
Oh no, he's serious.
Auditing The Federal Reserve Is a "Line That We Don't Want To Cross".
.
White House Shocker!
.
White House:
Do you know why?
Because we have allowed them to use DEBT for money.
What does that mean? It means:
In order for money to exist, it must first be borrowed by someone.
But it does not have to be that way.
If we used "Value Enhanced Infrastructure" as the base for our money, instead of debt, we WOULD HAVE NO DEBT.
It would work on the same principals as gold, but does not have the downside of gold - namely, there is not enough of it to run an economy this size.
Gold = no production, no money.
Value Enhanced Infrastructure Rebuild = no production, no money.
It is NOT necessary to tax the people.
Why? Because Congress can create its own money (Article 1, Section 8).
It is NOT necessary to run deficits.
Why? Because Congress can create its own money (Article 1, Section 8).
It is NOT necessary to increase the debt.
Why? Because Congress can create its own money (Article 1, Section 8).
It is NOT necessary to be a nation of debt slaves.
Why? Because Congress can create its own money (Article 1, Section 8).
It IS necessary to enact legislation that will allow an additional source of money - THAT IS NOT BORROWED!
Here is that Legislation:
Direct funding - NO debt.
Jobs.
Economic Stability.
One problem: The banks lose the power to ruin your life and your country.
You must chose between these two:
1. Banks own all of the money and you do all of the work - they own the work too.
2. Congress creates the money, Constitutionally, and the people own the money AND the fruits of their labor.
Doing NOTHING is a choice for banks to own everything.
Can you imaging, trying to use debt to get out of debt?
Can you imagine borrowing your way to prosperity?
Apparently, our elected officials can imagine that.
They are mistaken.
.
Thursday, August 20, 2009
Wednesday, August 12, 2009
Guns and Groceries.
.
Here's What You Must Do:
Decrease The Time You Read and Listen to "The News" by 50%.
Spend That Time on This Blog Learning The Real Solution.
If You Dont Get Educated On This Specific Economic Fix... If Enough of You Don't Learn the Truth, and Stop Falling For Their Phony "Printing Too Much Money" Bit, and Their "Inflation" Scare, and You Let Them Further Distroy Our Economy, You May Soon Face Armed Guards, In One Way Or Another, At The Grocery Store.
ARMED GUARDS & GROCERIES IN DETROIT.
.
READ THE ARTICLE HERE
.
Sunday, August 9, 2009
Oh Yeah... Clearly, This Is A Solution.
More Debt? Sure! Why Not?
Most Americans Are Asleep.
Steal All You Can!
Geithner Asks To Raise U.S. Debt Ceiling?
.
Tuesday, July 28, 2009
$1.4 Quadrillion Dirivatives Collapse?
.
This is 1 Quadrillion U.S. Pennies
.
What happens when this collapses?
.
Tuesday, July 21, 2009
The Answer to TARP is CARA
.
PROPOSAL:
CARA
Chinese Asset Repurchase Act
PROBLEM: We Owe China $801.5 Billion!
SOLUTION: Pass legislation that REQUIRES the Federal Reserve to buy back ALL of those Treasury Securities and makes those securities a liability of the Federal Reserve.
Do it now.
True or False: The House and Senate approved, and the President signed into law, a bill authorizing $700 Billion to repurchase "troubled assets". This money is to be borrowed against future US taxes. They called it TARP (Troubled Asset Relief Program). The Federal Reserve system had no difficulty whatsoever creating that brand new money (why would they, they make it up on a computer keyboard and deposit electronic digits into accounts.)
TRUE.
True of False: The Chinese hold US Treasury Securities ($801.5 Billion).
TRUE. (some people consider that to be a good investment)
True or False: Congress could pass a law requiring the Federal Reserve to buy back all of that outstanding debt. Also, make the debt a liability of the Federal Reserve.
TRUE. (The Federal Reserve does this all the time when they enter the open market to buy Treasury securities.)
So. Do it.
Let the Fed hold the debt (remember it's a good investment...).
Now, do the same with all outstanding Treasuries. Pay them off.
The Fed would then hold the debt.
BENEFITS:
1. The US foreign debt is effectively zero.
2. All bond holders get paid - in real money (as real as it gets now, anyway...)
3. The Federal Reserve now holds ALL of the US Treasury debt.
NEXT
1. Audit the Federal Reserve. If their new found liabilities make them insolvent - disband them.
2. Pass legislation that authorizes states to monetize production of infrastructure and get busy rebuilding our country - DEBT FREE!
3. Begin trials for fraud and theft by deception.
The illegal institution that has brought so much trouble to every nation on the earth, will be no more.
States can seize their remaining assets and infrastructure, implementing the key principals that are detailed in this blog.
A debt free and prosperous society will follow and liberty will gradually return to the people as their labor will be paid for in debt free money.
Q: What can people do?
A: Pretty much what they decide to do.
Monday, June 29, 2009
A Man Among Men.
A Message to Most American Men: Get A Pair.
This is what courage looks like.
This young man has more balls then most of our elected officials. He perceives a threat to his country - he moves to protect it..
Look at him. Don't you wish you had this much courage?
He may be a boy - but this day, he stood as a man among men.
.
Bottom line: Your country is under attack, both financially and constitutionally. Your money, your property and your liberty has been, and is being, stolen.
.
Turn off "the game" and get in the game. Put down the beer and be aware. Stop taking trash and start talking solutions.
The message on this blog can fix our broken economy and help protect our country.
What can you do? To quote a scene with Brando, "You Can Be a Man!"
Sunday, June 21, 2009
Friday, June 19, 2009
Dictatorship Proposed for the U.S.
Dictatorship of the Banks. By The Banks. For The Banks.
No. You Do Not Get To Vote On It.
Sleep If You Want To - You Have All But Lost Your Country.
Why? Because You Are Asleep.
You Are Being Rolled.
You Are Being Raped - Financially.
Right NOW!
But, stay asleep.
You And Your Children And Your Family And Friends Don't Need A Country Ruled By Laws, A Country Based On Liberty And The Constitution. Naa. Not When You Can Have A Country Ruled By Unelected Bankers THAT DON'T GIVE A DAMMM ABOUT YOU!
Now - Get Out Of The Way, And Get Back To Work.
They Have Things They Want To Do.
Could This Be One Of Your New Dictators?
David Rockefeller
He has a hobby - you might say.
You
NEED
to
DEMAND
The MINNESOTA TRANSPORTATION ACT
.
Tuesday, June 16, 2009
How Do You Know When It's Too Much Power?
.
Mark this down.
An entity, operating in The United States of America, has too much power when:
Mark this down.
An entity, operating in The United States of America, has too much power when:
It makes its own rules
It cannot be audited
It is accountable to no one
It can make its own money
It is able to finance evil
It can crush our economy
It has no allegiance to the people of the United States
.
It lies to you, as a matter of policy
It steals your substance
It continually seeks more power
.
Tuesday, June 9, 2009
How Much Time Left Until You Lose Everything?
Adapting to a New World Order -
OF UNELECTED BANKERS!
You Don't Have Much Time Left Before You Are Totally Assimilated.
You will lose your retirement, your property, your liberty... and worse.
More of the "elite" (yuk)
.
We need to passage of
The
MINNESOTA
TRANSPORTATION ACT.
Read about it on their own web site:
.
.
Friday, June 5, 2009
Audit The Fed?
Gaining Momentum... But.
Bloomberg article says Fed to hire PR firm to deflect attention.
If you audit the Fed, it will show the scam.
It will require access to SEC Files, many of which were
destroyed in the WTC 7 Collapse on 9/11.
You had better have a system in place
BEFORE you take down the Fed in an Audit.
Here's the pre-audit system (put it in the audit bill when it gets to comity):
1. Pass a law requiring the Federal Reserve to buy back ALL US FOREIGN DEBT and ALL "Toxic Assets". Now the Federal Reserve Bank holds all the foreign debt and foreign countries have been paid - in real money. US foreign debt is now ZERO and the dollar is stronger by many factors. The Fed would then also hold all the toxic debt it participated in creating.
2. Pass Versions of The MINNESOTA TRANSPORTATION ACT in every state. This will put the power to create a medium of exchange where it belongs, with the people. It will spur an infrastructure rebuild and a massive economic boom. States can rebuild their infrastructure in a way that is gentle on the environment and develops new technologies. Now, each state will have their own source of money and near zero unemployment - along with a balanced budget, far lower taxes and no infrastructure debt!
3. Repudiate the debt held by US citizens that was generated by fraud and theft by deception (fractionalizing debt/Federal Reserve act of 1913 and related legislation). Now the US citizens own their property free and clear. Property Rights = Liberty. (By the way, this does not hurt you as much as what's happening now and will be the biggest stimulus package of all time. You will "profit" also. This idea needs your support. Think about it - most of you have seen your wealth cut in half in the last 18 months. The current system is going to drag you down no matter what level of wealth you are at - unless you help change it.)
4. Tax the banks that have received the bailouts, 100% of the amount that they received, and repeal the bailout. Zero out the public debt, created by the bailout, with that money.
5. Institute a ban on speculation and computerized "black box" market trading - that is not "free market", it's a racket and it gives unfair advantage.
6. Do the audit. If it turns out that the Federal Reserve is insolvent and that there has been corruption in the leadership - we already have a system in place for that.
7. Fix The Social Security System. Since the Social Security System was started, we have been under the Federal Reserve Act. That means that IF you have gotten ANY "money" "paid" to you over your working lifetime, it has been a result of increased debt and therefore, if money is final payment, you have never been, as a people, fully paid for the work that you have done over the years. So, pass legislation that authorizes The Treasury to pay Social Security recipients directly, without debt.
RESULT: 1. Zero foreign debt, a stable Dollar, and an abundant and vibrant economic prosperity. 2. Vastly strengthened US economy. 3. Vastly strengthened economies of foreign nations. 4. Social Security fixed. 5. Federal Reserve "cleaned up".
If you audit the Fed, you had better have a goto plan. Gold won't work, there is not enough of it. The MINNESOTA TRANSPORTATION ACT will.
Wednesday, June 3, 2009
Genius. Sheer Financial Genius.
.
How are your new captains doing so far?
Fed Chair Warns That U.S. Could be headed for a "debt trap".
Ya Think??
Like saying the Titanic could be headed for a "little ice."
How are your new captains doing so far?
.
Saturday, May 30, 2009
A Letter To The President
.
Right now, all money is created as debt. Therefore, NO money is created to pay the interest on the initial principal.
If NO money is created to pay the interest on initial borrowed money that means we have to borrow to pay interest.
Borrow to pay interest? Madness.
We simply can't borrow our way out of debt.
In addition, when a principal payment is made, that money is extinguished from circulation - it no longer exists for anyone to use. That puts a constant drain on the economy and forces more borrowing. No borrowing, no money.
SOLUTION: Monetize the Production of Infrastructure.
We need SOME money in the economy that is not initially created as debt - otherwise we can never pay off all of our debt and the debt must continue to grow (now our total debt exceeds the GWP or Gross World Product. The whole world working all year can't pay our debt, how can a country in a deep recession pay it? It can’t). We can get debt free money into the system by "monetizing" the production of infrastructure.
HERE'S HOW: Pass a law to authorize the following: 1. The People need a bridge built (this will work with any infrastructure - roads, sewers, electric grid, desalination plants). 2. The RFP (request for proposal) is issued by the state or federal government and the bid process concludes with the winning bid. 3. Congress authorizes the Treasury to deposit newly created money, in the amount of the winning bid (electronic bookkeeping entries, just like they use now - only NOT as a loan. New Debt Free Money), into the transportation account (state or federal). 4. The government entity receiving the new funds pays the contractors, just like they do now. 5. It's NOT a loan. It's direct funding with newly created debt free money. 6. New money flows into the economy, creating jobs, stabilizing banks and growing the economy. 7. It is not inflationary because it is matched with production - the bridge! That is real wealth (raw resources + innovation + labor) that everyone can use. 8. The government entity can use the same principle to pay for current projects and to buy back the existing bonds from bond holders and thus eliminate the debt on their books that goes for infrastructure, helping to balance their budget.
BENEFITS: Millions of Jobs/Stabilized Banks/Balanced Budgets/Increased Liquidity/Lower Taxes/Economic Leadership/And A New Infrastructure Rebuild! – Without Debt.
It's quite simple, actually. Now, we have to borrow to have money. We go deeper into debt and that causes a lot of problems for everyone - borrowers AND lenders. So, stop. Create some money that is not debt and does not benefit any special interest group - and everyone uses our infrastructure, so no special interest there! So, pay for it outright, without borrowing (no need to when government can create their own money); stop hiking up the debt. Banks do that right now - they create new money when they make a loan. The bridge is an asset - real wealth! Fund it directly with newly created money.
A change of mindset, really. It will not tear the fabric of the universe to have some debt free money in the system so that we can pay down some of this debt and put people back to work.
"Yes We Can!"
Friday, May 29, 2009
Banks To Steal More of Your Money?
"I Am Stealing More of Your Money - Step Aside; It's For Your Own Good."
Banks To Take Your Money And Buy Toxic Assets From THEMSELVES!
Tuesday, May 26, 2009
Dallas Federal Reserve Says:
"The Very Big Hole."
$99 Trillion Shortfall
In Pensions and Health Care.
We Need Passage of
The MINNESOTA TRANSPORTATION ACT
Yesterday!
Sunday, May 24, 2009
"I Mean It, I'm Getting Tough On This Budget."
Administration cracks down on run-away spending with...
Cuts
Cuts!
CUTS!
...chuckle
They know a sucker when they see one.
Thursday, May 21, 2009
Wednesday, May 13, 2009
Take The Money - Or Else!
You Will Take The Money
- And You Will Like It.
Banks Forced To Take Money
- Then Assimilated.
Solution. Solution. Solution. Solution.
.
No Other Blog Has The Solutions That We Have
Debt-Based Money System? - WE HAVE THE SOLUTION
Social Security Broke? - WE HAVE THE SOLUTION
US Government Debt? - WE HAVE THE SOLUTION
Complete Infrastructure Rebuild? - WE HAVE THE SOLUTION
Securing Human Rights and Liberty? - WE HAVE THE SOLUTION
Tax Cuts? - WE HAVE THE SOLUTION
Jobs? - WE HAVE THE SOLUTION
Water Shortages, Draught? - WE HAVE THE SOLUTION
Balance State's Budgets? - WE HAVE THE SOLUTION
Enhance "National Security"? - WE HAVE THE SOLUTION
Energy Independence? - WE HAVE THE SOLUTION
Help For Families? - WE HAVE THE SOLUTION
Fixing YOUR State? - WE HAVE THE SOLUTION
Forward Thinking, Positive, Market Friendly, Pro American
Getting involved? - WE HAVE THE SOLUTION
Education on How Money Works, Articles & Videos, News & Analysis, Stats & Data, Humor & Challenge, Perspective & Insight, History & Future, Quotes & Stories...
Monday, May 11, 2009
Same Old Story... No One Knows Anything.
.
Federal Reserve Inspector General, Elizabeth Coleman, speaks.
Missing Trillions.
No Audits.
She Doesn't Know.
I KNOW!
And so do you, if you've read this blog.
America is being ripped off.
They have given us a DEBT-ONLY MONEY SYSTEM and that is why
we are choking on the unpayable debt and interest.
As this system works it's way towards the end -
YOU will pay the price in economic terms and in terms of Liberty.
. .
Friday, May 8, 2009
FIX IT!!
If You Live In California - Why Would You Sit By And Watch The Destruction Of Your State?
The Way To Fix It Is Right Here On This Blog.
California Can Create It's Own DEBT-FREE Money To Rebuild It's Infrastructure.
Just pass the law to do it.
Use HF 888 as your template.
Jobs. Balanced Budgets. "Greener" Economy. LOWER DEBT!
You do NOT need the banks "permission".
Pass the law.
Then, it's the law.
Then, California can lead the country out of this economic mess.
L E A D E R S H I P.
Fix It.
California has 1000 bridges that need immediate rebuild or replacement.
1000 bridges.
This can be done DEBT FREE.
Starting NOW.
While you're at it, rebuild the needed roads and corresponding sewers.
Oh, and rebuild your electric grid too.
Get an array of desalination plants built - you need the water.
Debt Free.
Find The Email Link Under CONTACT US (Top Left).
Send an email to find out more.
You are running out of time.
Wednesday, May 6, 2009
"We're Taking Your 401(k) - It's For Your Own Good".
Do These Financial Decision Makers Think You Are A Sucker?
Are You Letting Them Loot YOUR Country,
AND your retirement?
401(k)s could be next.
.
You're too busy to do anything?
They are OK with that.
.
Will you allow them to take everything you have, including your rights and you will be forced to beg for their money?
.
They Are Playing For Keeps Folks - And You Are Planning a Bar-B-Q.
This Email Box should be overflowing.
This blog should be NUMBER 1 in the country.
We Have The SOLUTION.
More, MORE, MORE!!!
Give 'Till It Hurts.
Or, until you wake up and realize that States need their own source of DEBT-FREE money.
The Solution is on this blog.
.
Sunday, May 3, 2009
Thursday, April 30, 2009
Banks "Own The Place"?
Have You Let Them Steal Everything?
.
What Have YOU Personally Done To Stop It?
.
Get Rid of Their Money.
Take Back Your Country.
The
MINNESOTA TRANSPORTATION ACT
is the tool.
YOU are the engine.
Get Involved.
.
Sunday, April 26, 2009
Friday, April 24, 2009
On The Job... Atta Boy!
Larry Summers
Director of the White House
NATIONAL ECONOMIC COUNCIL
During a meeting about Credit Card Reform.
We Are in Such Good Hands.
Tuesday, April 21, 2009
Monday, April 20, 2009
Common Stock? or Common Theft!
.
Convert TARP to Common Stock? ARTICLE
Then they will sell the "stock".
After they do that, they will bankrupt the companies.
Do the research; find out when "Common Shares" get paid out in a bankruptcy.
Investors will hold the paper and the banks will walk with the money.
But, isn't that the way you want it?
.
You May Lose Everything. Everything.
What Does Everything Mean?
WAKE UP!
IF you are awake - wake others up!
Many of you are asleep.
Many of you are so ill informed or under-informed, it's offensive.
Some of you have been MISinformed.
Others of you have been intimidated by misinformants.
A few of you are bound to bad ideas or ill-fated schemes.
If you don't get on board with the solution put forth on this blog, here are some likelihoods:
The next few waves will knock out others in the economy that are hanging on.
We will be in a full blown depression - only this time, more people live in cities than farms and instead of the unemployed walking about in a suit and hat (back then, men wore a coat, tie, and hat, to a BASEBALL GAME! SEE PICTURE, AND HERE, AND HERE) they'll have their pants hanging around their backside and be wearing gang colors. Lots of them. For the smug, the gangs will be by to visit. Just call 911.
Unemployment and competition for jobs increase. So will drug use, crime and gang membership.
You may lose your job or work for less than you want or need - IF you can find work.
You may spend through your savings and have to take a hit on your 401K to make ends meet - if there will be anything left and if they don't change the rules and forbid withdrawals until retirement ONLY.
Yes, you may lose your "retirement". They will be raiding the pensions soon.
You may have to move in with family to make ends meet, or the other way around - that's what people do without money and a job. Or, they beg the government to help them.
Your rights, under the U.S. Constitution may be suspended, amended or erased as the country, in bankruptcy, is parceled and sold. No room for a free and sovereign people there.
It IS coming.
.
Tuesday, April 14, 2009
Bankruptcies - No End In Sight.
.
More bankruptcies occuring.
In fact, more bankruptcies are REQUIRED!
.Don't you wonder what happens to the money that was borrowed and then spent into the economy, when a person goes bankrupt?
.The money is now "out" in the economy, right? It did not get paid back to the bank, right?
.That is the money, that the rest of the "customers" of this scam the banking system is running on the world, use to pay their interest. As you know, there is no mechanism in the system, to create money to pay interest, the way it is set up now.
.
We should change that so that we have a system that works without requiring bankruptcies, fraud and money laundering - just to function.
We should change that so that we have a system that works without requiring bankruptcies, fraud and money laundering - just to function.
.
Passing HF888 & SF 705 will give us a mechanism to create money to pay interest so that we can pay off our debts without the bankruptcies having to provide the money to pay interest.
.
These bills will monetize the production of infrastructure (make new money based on the infrastructure produced - real, sound, money), debt free, so that new money flows into the economy, as contractors and workers are paid to rebuild our country.
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What That Means
No borrowing for infrastructure. It's not a loan. It does not have to be paid back. Did I mention, it's not a loan? We all get to use the new roads and bridges. Banks see fewer loan defaults, across the economy. States balance their budgets. Bond holders are paid back. People are put to work. More people can afford to pay their mortgage. New home buyers can sop up the excess homes on the market. It's not a "give away" - it's work! We have safer modern roads. The economy is fixed. It spreads across the globe. Nations economies begin to right themselves. No one is hurt. No one loses. The fabric of the universe is not torn in two because we changed a man made rule so that it works for everyone. It is simple to do - simply change an accounting practice that needs to be upgraded anyway. Everything else stays the same.
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This is E=mc^2 simple. And just as big.
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If we don't fix it - you will lose your country.
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These bills will fix it.
Thursday, April 9, 2009
Sunday, April 5, 2009
Bankers Defrauding The Public? Huh?
Theft By Deception.
Fraud.
Cover-up.
Even Bill Moyers know it. Do you?
You'd better get an additional job - or put your foot down and change it!
ZZZZzzzzzz.......
America Sleeps.
World Government marches forward. SEE LINK
We have a solution, right here in Minnesota.
If you don't do something to move this forward, YOU will your country.
We have less than a year.
You have to act to make this change here in Minnesota. SEE IT HERE.
It will save our economy and our Nation's sovereignty.
Do something.
To find out what to do, contact us. Find our email on this blog and on the left under CONTACT US.
Study this blog.
Pass it on.
Monday, March 30, 2009
Get 'Em Representative Bachmann!!!!!
PRICELESS!
Some Elected Officials Are All Bark and No Bite.
Meet The Teeth of the US House of Representatives.
That's Right - From Minnesota!
She has more b@lls than nearly all of the men up there - put together.
Get 'Em Michele!
At about 1:40'ish you can hear Bernanke say
"I don't know where the $10 Trillion dollars comes from..."
At 3:10 of the video...
Listen to the Treasury Secretary say "YOUR" government.
"...because of the absence of that authority, your government was faced with no good options..."
YOUR Government?
YOUR GOVERNMENT??
1. Does that mean he is not part of this country and therefore it is
not "his" government?
2. Does that mean that he has no allegiance to OUR Government?
3. Well, it certainly means one thing -
it means that if the Federal Reserve,
though the Treasury, rapes
YOUR
GOVERNMENT
(you - remember We The People?)
it is because enough of the American People don't step up, and like Representative Bachmann has,
show some backbone, and support those who are trying to bring some accountability
to these perpetrators of fraud and deception.
If Minnesota does NOT lead the nation out of this economic mess,
it will be because enough Minnesotans stayed home on game day
and let them win.
Support an idea that can change things for the good of the nation, like the MTA.
Grrrrowl a little bit.
Don't let them rob you.
It's YOUR Government!
Even The Treasury Secretary Knows That Much.
Friday, March 27, 2009
Contact These Key Legislators - Ask For A Hearing This Week!
Thursday, March 26, 2009
China Suggests Global Currency.
...you should think of it as rather evolutionary...
- Timothy Geithner, U.S. Secretary of the Treasury
Shhh... Hear that sound?
It's United States sovereignty being sold out from under YOU.
What will that mean for your family in generations to come?
You could do something.
Call and email (HERE).
Wednesday, March 25, 2009
Monday, March 23, 2009
What An Opportunity!!
Toxic Assets Renamed "Opportunistic Assets" Just In Time For Your Pension Fund To Buy Them!
From "Troubled" to "Toxic" to "Opportunistic".
Glad they changed it so we can take advantage of this opportunity!
Say, wasn't it just yesterday that they called them "non-performing" loans?
No matter, the banks need help and we'd better help them, or we won't be able to go deeper into debt!
Hmmm.... better get in on the ground floor of this unbelievable stroke of business genius.
C'mon everybody!
Line up!
Sunday, March 22, 2009
Saturday, March 21, 2009
Answering Propaganda
.
My Response To a Propaganda Video
Here's the Misleading Video:
"B" as in B, "S" as in S.
Pure and utter misinformation.
"Print Money", indeed. Do you really think that (despite them showing the printing presses rolling, as usual) that they are going to "print" $1 Trillion?
No, they are not. They are going to purchase Treasury Securities with electronic bookkeeping entries (don't look surprised, that's how all money is created right now) - driving the U.S. into deeper debt. As if $147 Trillion (documented on the blog listed below) is not enough.
Use caution when you hear people parrot the phrase "print money" or tell you that damn story about Germany; you are about to get misinformed. You have got to ask yourself, why does everyone know that story (misinformation) and NO ONE seems to understand that banks create ALL of our money as debt (loans) and therefore there is no money EVER created in the system to pay the interest owed, thus creating a system that requires continuous and ever growing loans to operate? Why don't people ever know how the system works but they never miss a beat to tell the Germany story? More on Germany below.
You were lied to in college and your smart friend is full of crap like a young crow (gasp! Oh my! What he said! Please, wake up and smell the unpayable interest). Think about it, if they can "print" money why does it drive up the debt? Because they are loaning it out, not printing it up. BIG difference. If you could print your own money, would you be in debt?
Propaganda. Are you buying?
Unpayable interest causes inflation. Interest in the hundreds of percent causes hyperinflation. The interest rate in Germany was 900% (documented on the blog mentioned in this post) and the interest rate in Zimbabwe was 800% the last time it was reported. The overnight lending rate in Zimbabwe was 10,000%. 10,000%!! Do you imagine that you would have to raise your prices several times a day, if you were a shopkeeper with a loan? Of course you would. Interest rates in the hundreds of percent are what cause hyperinflation. In Zimbabwe the banks manipulated the interest rates and refused to make payment for the gold they took delivery of, in order to shut the mines down and buy them at pennies on the dollar – then take the gold, platinum and diamond mines and let them fill with water, sealing them off. Read it on the blog noted in this post. I am not making this up. This was a country righ in natural resources - destroyed by whom? The people? The shopkeepers? They don't set the interest rates. Who does? Who sets interest rates? If you read the work on Zimbabwe, you will find out who ended up with the gold, platinum and diamonds. You will also find out who is starving, in a country that ir rich.
If you want the truth, dig for it here: www.moneyaswealth.blogspot.com
If you want to ape the rest of the "experts" that could not predict this, do not understand what it is, have no idea how long it will last, how much it will cost or how to fix it - go ahead. They are clueless. I can prove it. You will be able to as well. You have to learn the difference, because you're up. It's your turn to fight for your country - fight with knowledge. Grandma can't, and neither can the school kids. Tag, you're it.
THINK! IF all of our money is created as loans (loan principal)- THEN none of our money is freely available to pay interest - it is obligated as a principal payment.
Hey, you've taken out a loan, right? Did they give you the principal only? Or did they give you the principal AND the interest - so that you could pay them back principal and interest? Nope. Just the principal, right? Where does the interest come from? Where? Don't say "work" or "production" - the banks do not take that as an interest payment. They only take money. Answer: The interest comes from another loan; and you can never borrow yourself out of debt.
EXAMPLE: Me, you and three others in a room. The door is closed. The 4 of you are playing poker - I am not playing. I am the only one that can give you chips. I only loan them out - at interest. I loan the four of you 10 chips each and charge 10% interest. 40 chips are out. 44 are due. No one has dealt a single card and already the debt (44 chips), is greater than your collective ability to pay (40 chips)! Just think it over. It's ok to reread it.
Play on. I'll guarantee that no matter how hard you "work" or what you “produce" you still only have 40 chips. I will only except 11 chips from any one of you, as payment - that's what each one of you owes, right? At least one of you will go bankrupt - GUARANTEED - to cough up the chips so the others can pay me back. The amount of chips will NEVER increase until I loan more out. The group will ALWAYS owe more chips than they have. Always. That’s our economy. As long as a new guy pulls up a chair and borrows 10 chips, it all looks like it will work. But it does not.
This economic downturn, and all of them that we ever have, is as predictable as the poker game describes. And the answer is obvious. There needs to be chips that do not enter the game as a loan.
So, too, there needs to be money in our economy that does not start as a loan. Now, there is NONE.
Minnesota has bills before its legislature that will fix this glitch in the economy. It can be done state by state, is constitutional, will help the people and the banks, will create many, many jobs, will eliminate every single tax that is used for roads and bridges (fuel tax, wheel tax, some property taxes) and is one of the easiest fixes imaginable.
Don't say "it can't be done" - we do what we decide to do. Whether it’s climb Everest, find the Titanic or build an artificial heart. Make it happen. Pass the law. Otherwise your economies are going to collapse and you will have NO money.
Your country's sovereignty could collapse - many countries are already calling for a world currency. More folly. It too will be a debt pyramid and collapse.
The calamity that will be caused by ignorance, pride and greed will be immense.
There is enough information about the solution here for you to understand the problem, the solution and to get involved:
For some answers: Money As Wealth, Read Bottom to Top
If you use debt for money, that means that you have to borrow to pay interest - THINK ABOUT IT. It cannot work.
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A Word From The Crew
To Boldly Go Where No Man Has Gone Before.
Borrow yourself out of debt?
Illogical.
.
Dammit Jim, I'm a doctor
not a magician.
I can't make money appear to pay interest.
Someone has to borrow it first!
Captain, I can't change the laws of physics!
That means we have to borrow to pay interest on our debt.
We can never get out of debt that way!
I've... got... an idea.
First we... pass HF888 and... SF705.
That... will... monetize... the production... of... infrastructure.
Then... we'll have the money... we need to... pay off... our debts.
The MINNESOTA TRANSPORTATION ACT:
The next evolution in monetary policy.
Retirement? If You Run A Big Business, You Had Better Be Concerned.
Just some food for thought, in case you thought you would retire - ever.
But don't worry, you have Social Security!
If you think we are in a bit of trouble here, if you think that our elected officials are in just a bit over their head, if you think that you will still need a job, income and the Bill of Rights in the future, drop us an email and we'll tell you how you can help.
Send this blog to BUSINESS OWNERS, UNION OFFICIALS, family, friends, and people who may suspect that there is a problem.
They should help too.
Email to find out how you can help: moneyaswealth@gmail.com
Friday, March 20, 2009
Total Debt and Unfunded Liability Jumps. New Figures.
Total debt = National + Business + Personal
.
US Net Worth: $38 Trillion
US Total Debt: $57 Trillion
US Unfunded Obligations: $65.5 Trillion
Thursday, March 19, 2009
I Guess The Cat's Really Out Of The Bag!
Federal Reserve
CREATES Money
to Buy Treasury Securities!
And no, they are not going to "pump" it in.
What rubbish.
They are buying Government securities, thus increasing the US debt.
So...
1. Our Government creates Treasury Securities - a "promise to pay" from The Government.
2. The Federal Reserve buys them. Now the Government is in debt.
3. Later, the Treasury Securities mature and the Government has to buy them back from the holder - in this case the Federal Reserve Bank.
4. The Government has no money, it spent it! So the Government taxes you for the payment and the INTEREST that goes back to the bank. The same bank that created the money to buy the bonds, on a computer. "Presto"! They make it up, you do real work to pay them interest.
5. Stop doing it this way and you can get rid of the Federal Reserve Bank - it's an Unconstitutional monopoly, enslaving the American People, anyway.
6. Stop doing it this way and you will not need to tax the people. So, no IRS.
Now, if you can see that banks can create money - then pass the law that let's them create it debt free, for the benefit of all Minnesotans. We get brand new infrastructure for it, jobs and lower taxes!
A common sense solution.
A simple glitch in the accounting procedure gets a much needed upgrade and we can fix this broken economy.
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Any State with a State Chartered Bank can do this too!
Help Minnesota make this change by sending emails as listed on this blog,
and we'll show you how to help YOUR STATE!
Wednesday, March 18, 2009
Jim Said:
.
Heard today, March 18, 2009 at 3:20 PM on NPR Radio.
Hey Jim, get ahold of me, I have a BIG story for you!Here's my email: moneyaswealth@gmail.com
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Monday, March 16, 2009
Borrow / Bond / Tax / Bailout / Repeat
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"We cannot solve our problems with the same thinking we used when we created them."
- A. Einstein
Sunday, March 15, 2009
A Bold Minnesota Legislator! Representative Bruce Anderson Sponsors Meeting
We Are Having The Meeting!
WHEN: Thursday, March 19, 2009. Starts at 9AM (be early)
WHO: Citizens For Better Transportation and the Minnesota Banking Association will be discussing the benefits of HF888 and SF705. Minnesota Legislators and The Media Have Been Invited.
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Open To The Public
Please send Representative Bruce Anderson a Thank You!
Here's His Address: rep.bruce.anderson@house.mn
You Are Invited!
This Is Your Government.
You Can Make It Work.
Saturday, March 14, 2009
China is Worried.
China makes stuff - cheap.
The US Buys the stuff with dollars.
China does not spend dollars, it spends Yuan.
So, China, needing to do something with the dollars, enters the US Treasury Securities market and buys Treasury Securities (IOUs).
Now the US is in debt to China, because, when the securities mature, China will want to get paid back - principal plus interest.
That is how we are in "debt to China" or how we have "borrowed from China".
What happens if the "experts" making decisions about our economy don't get it right and things get worse? What will China do? We have $1 Trillion of their money.
What would you do?
What have countries done in the past?
China aborts many female babies and is on a rapid military build-up, including a navy nearly twice the size of Great Britain's. and now, they are considering aircraft carriers. What do you think they will do with all of those Chinese males and military hardware?
Some say that their building an aircraft carrier would be folly. Perhaps, but it would inspire other Communist countries and admitted adversaries of the US.
Let's just avoid all of that.
Let's do the right thing.
The Federal Reserve could buy back all of the US debt. All of it. Tomorrow.
And maybe they should.
Better they hold it than China.
Once the Federal Reserve holds it, they can "write it off the books".
After all, what would they loose? Nothing.
They would have simply written a check for it - on themselves!
More electronic bookkeeping entries.
Wednesday, March 11, 2009
Why Don't We Change It Then?
.
Why?
Why?
Mother and daughter were making a ham for dinner.
The daughter said, "Mom, why do you cut the end off the ham?"
Her mother replied, "I don't know, Grandma did."
The daughter asked her grandmother, "Grandma, why do you cut the end off the ham?"
She answered, "I don't know, Great-Grandma did."
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The daughter went to the nursing home and asked Great-Grandma, "Great-Grandma, why did you cut the end off the ham?"
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Great-Grandma said, "Well, because my roaster was too small."
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If you always do what you always did, then you'll always get what you always got. You can quote me. And if you blindly continue to use debt for money, you will always have more debt than money.
How can you fix this economic problem, unless you first realize that you are just following some tradition that has lived out its usefulness - like, using debt for money! We must be able to get money that is not an interest bearing debt, into the system - and right now, there is no way to do that.
By passing HF888 & SF705, we can authorize State Chartered Banks to fix the glitch in the way we fund infrastructure, and immediately begin to heal our broken economy. As new, debt free money comes in to the economy as final payment for the construction of the infrastructure we need, it will bring a balanced budget to the state, stability to the banks, a boost to the economy and prosperity to the people of Minnesota.
So we could hear this, very soon: "Senator, Representative, why do you only bond and tax to build our needed infrastructure?"
"Well, we used to do it that way, until we learned that monetizing the production of our infrastructure was a far more wise and responsible way to do things. So we changed it."
That's leadership.
The people of Minnesota would respect a leader that did that. It's the right thing to do.
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Tuesday, March 10, 2009
"Give 'em Watts Boys!"
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The Battle of Springfield, 1780.
The fighting was fierce.
Pastors would lead the men of their church in drill and marksmanship.
Churches would come under attack.
The men ran out of wadding for their muskets.
Reverend James Caldwell went into the church and brought out hymn books.
Isaac Watts, a hymn writer (Joy To The World) had his hymns published in the books.
Reverend Caldwell ripped pages from the hymn books, to use as wadding for the muskets.
He shouted, "Give 'em Watts, Boys!"
Leadership. American Leadership.
In case pastors, reverends, priests, rabbis need some solid footing to address this issue. Here is a start - in the true American tradition:
NEHEMIAH Chapter 5
PROVERBS 11:1
MATTHEW 21:12, 13
MARK 12:31
EPHESIANS 4:28
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The Battle of Springfield, 1780.
The fighting was fierce.
Pastors would lead the men of their church in drill and marksmanship.
Churches would come under attack.
The men ran out of wadding for their muskets.
Reverend James Caldwell went into the church and brought out hymn books.
Isaac Watts, a hymn writer (Joy To The World) had his hymns published in the books.
Reverend Caldwell ripped pages from the hymn books, to use as wadding for the muskets.
He shouted, "Give 'em Watts, Boys!"
Leadership. American Leadership.
This painting hangs in Washington D.C.
In case pastors, reverends, priests, rabbis need some solid footing to address this issue. Here is a start - in the true American tradition:
NEHEMIAH Chapter 5
PROVERBS 11:1
MATTHEW 21:12, 13
MARK 12:31
EPHESIANS 4:28
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Saturday, March 7, 2009
What Does $1 Trillion Look Like?
.
CLICK HERE to find out.
Do you really think that we can borrow our way out?
We can change this, starting now.
.
Support HF888 & SF705
Friday, March 6, 2009
HEAVYWEAGHT DEBATE CHALLENGE!
.
The
MINNESOTA ECONOMIC POLICY INSTITUTE
challenges
The Banking Lobbyists at the MN State Capital
to
A Debate
At issue:
1. Do banks create money?
2. Is it possible for the United States to get out of debt, under a debt money system?
3. Can we borrow ourselves to prosperity?
4. Can you borrow so much that the interest due exceeds your ability to pay?
UPDATE - 3/20/09:
The lobbyists showed, tried to start an argument before the meeting - about the invitation. No joke. They sat and talked throughout the presentation, typed on their Blackberry, rolled their eyes and were generally rude. Then they got up and left. They would not speak. They would not answer any questions.
Question
.
If one could create money as a "promise to pay" (banks do) and influence an entire legislative committee with misinformation, just exactly how much power would they have?
Fair question, right?
Now, if one could do this with a single unelected lobbyist from the banking industry (it happened at YOUR State Capital, I saw it myself, I have the transcript) - how much freedom do YOU have?
You had better fight for what's right, or you will lose everything by default.
We can still fix this, but, you have to show up.
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Lessons From History
.
What Can We Learn?
Every single nation, that has gotten involved with a debt money system, has met with ruin.
Yours can be no exception.
We must make a change.
Commentary
..
Ambition: A strong desire to do or achieve something, typically requiring determination and hard work.
Greed: Willing to harm or destroy another, to get what you want.
The people of Minnesota, like the rest of the world, are surrounded by the greedy, the weak, the fearful, and the deceitful.
The weak will stand by and do very little.
The fearful will be intimidated by the opposition.
The deceitful will sow lies and corrupt common sense.
Meanwhile, the greedy will destroy your country for profit.
Do you stand by and do nothing? Do you wait for some other American to do the work of Liberty? You're up. It's your turn. Who are you? What will you DO?
If you simply "go with the flow" you will find yourself washed up downstream. What are you personally doing to SECURE THE BLESSINGS OF LIBERTY TO OURSELVES AND OUR POSTERITY?
Only an ambition for LIFE, LIBERTY and THE PURSUIT OF HAPPINESS - only an ambition for doing the right thing, can overcome the situation that we find ourselves in.
YOU
MUST
ACT
CLICK HERE to find out what you can DO.
Moses Receives GAAP
Headline: MOSES RECEIVES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES
These rules, written in stone, were received from on high and can never be altered or changed for the benefit of the citizens of Minnesota... ever.
Wait. Those are the 10 Commandments, not the GAAP.
Whew! Well, it looks like, since the Generally Accepted Accounting Principles are not written in stone, and instead are man made, we can adjust them so that they work better for the people doing the work. Don't you agree?
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Wednesday, March 4, 2009
Don't Worry - Be Happy
.
We Guarantee It!
.
FDIC Insolvent This Year?
What happens then?
If you are in a leadership position, don't you think that it's time to act to fix this, not just put a debt band-aid on it? Elected official, business leader, union official, academic, religious leader, husband, wife, student, voter, you need to understand the effects of a debt based money system and immediately move to bring about a wealth based money system, before you lose everything. Stop wasting time.
This Just In: Let's Borrow Some More! $500 Billion to FDIC.
We can fix this, by funding an infrastructure rebuild directly, starting with Minnesota.
Contact us to show you how.
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Sunday, March 1, 2009
On The Radio - AM 1280
.
Look for an interview with the
Minnesota Economic Policy Institute
(MNEPI)
Sunday, March 8, 2009
7PM
AM 1280 <-- LIVE STREAM
on
Jeremy Payne's
.
They will be discussing the bill.
.
.
Well - Borrow Some More Then!
And you will pay this off, how - exactly?
Every move they make increases our debt. We need money that is not debt!
.
Keeping It Straight
Just Click the link and slowly take a look at the numbers and where the money is going.
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Friday, February 27, 2009
"Plain, Decent, Everyday, Common, Rightness."
Sometimes, you just have to watch this.
From
1939 Academy Award Winning Film
If you don't work to leave our country a better place,
but instead just get all that you can get,
who are you?
What have you become?
What will you really end up with?
"For what shall it profit a man, if he shall gain the whole world, and lose his own soul?"
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Thursday, February 26, 2009
So, Then, It Can Be Done.
.
Heard Today, February 26, 2009.
U.S. Representative Miller from North Carolina was on television today where he said:
We will "make the banks do it."
So it appears that Congress can make changes to the banking system, by changing the law.
How about making a small change that can benefit the entire country, starting with Minnesota!
Pass HF888 and SF705
Tuesday, February 24, 2009
Myth and Make Up
.
Q: Where do Bonds come from?
A: They make them up.
Q: Where does the money come from to buy the Bonds?
A: Electronic bookkeeping entries, loaned at interest. They make that up. It adds to our debt.
Q: Where does the money come from to pay the increased taxes to buy back the bonds when the bonds mature?
A: Electronic bookkeeping entries, loaned at interest. They make that up. It adds to our debt.
Q: Regarding the money to pay off the mature bonds, where does the money to pay interest on that payoff money, come from?
A: Electronic bookkeeping entries, loaned at interest. Yep. They make that up too. More debt.
There are many myths about how they "make up" money. Here's the truth:
If money exists - at all - it has to be created. Now, without making a needed change to our current system, that means it has been borrowed somewhere in the economy by a person, business or government.
Once it's created (borrowed), you may end up with some of it, by "capturing someone's loan principal" through commerce (you work for it or you sell something). So, to you, it's not borrowed money - but someone still owes that money.
Therefore, all money in our system is a debt obligation to someone. All of our money is debt.
That's not pretty. We should change that, don't you think?
Support Passage of
Monday, February 23, 2009
Policy of Self Destruction
.
Brain Dead...
Beg For Money From The Chinese, When We Can Create Our Own.
Cover your ears if you get a bit queazy around the truth.
Hang your head if you are a elected official and you don't fix this. Our Government should never be borrowing money - it can create it's own! Check Article 1, Section 8 of the U.S, Constitution.
What do you expect? Should we applaud this destructive act of financial idiocy?
If you are a talking head in the media and do not pick up on this bill, how could one say that you are not be part of the problem?
Minnesota has the most robust answer to this economic fiasco.
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Saturday, February 21, 2009
Why Desalination Plants Should Be Funded - Now.
California, listen up.
STOP!
Stop rationing water to farms.
That is insanity.
Famine follows drought.
The farms in this country better be rolling at peak efficiency - and that means they need water.
Why are we rationing water?
Because our "leaders" lack imagination, vision and guts. It's always easier to do what you've always done. And that is just what they are doing. After all, "I can't do anything new or different - what if I'm wrong??"
Deploy new ideas before the perfect storm of short on money, short on water, unpayable debt, giant trade deficit, growing unemployment, decreasing revenues, and broken financial system hits all at once.
Most calamities are a combination of errors and malfunctions. We should be moving to avoid this - not doing the same old thing. Trying to borrow our way out of debt is the same old thing.
We need clean water to live.
Our farms need it to grow food.
Are we short of water? No.
How much water do we have? 70.78% of the earth's surface.
Of course much of that is salt water.
We can deal with that.
Or, are we just short of money?
The US Constitution recognizes Congress's power to create money - debt free - for infrastructure. Banks create money every day, except they do it as a loan. That always makes things worse. With passage of SF705 & HF888, Minnesota would allow State Banks to create debt free money for infrastructure. Tax free, interest free, inflation free. The debt and tax load would not grow and the people of Minnesota would have modern high tech infrastructure that would be the standard for the world to follow.
Demand that our legislature make the changes that we need so that we can fund these most obviously necessary infrastructure enhancements. Our state and our country will be wealthier for it! Jobs will be created, households, business, banks and farms will be stabilized. We need a back up system for water and the US could export technology in this area.
How dry is it? CLICK HERE
The US should adopt a Desalination Project and directly fund arrays of desalination plants on both coasts and in the Gulf, onshore and offshore, using the principles of the MTA.
This is a matter of National Security.
If you don't like the level of technology that is currently available - fund development.
We need to break ourselves of the cult-like mentality of "we can only do what the banks allow" and "we can only go as far as we can borrow". Dump the borrow mindset, when it comes to infrastructure. Instead, monetize the production of infrastructure. That way, the more we improve our infrastructure by producing wealth, the wealthier we become, as new debt free money flows in to pay for this new asset. Instead of like we do it now - the deeper in debt we become.
Cult members will often follow blindly - to their own destruction. Break free from the mental bondage that will only allow you to think of money that is borrowed.
Minnesota can lead the way by passing The Minnesota Transportation Act. This will allow State Chartered Banks to correct an accounting glitch and allow for the State of Minnesota to fund infrastructure rebuilds directly, in lieu of taxes or bonding. No money shortage. No waiting for Federal Funds. No encroachment on State's Rights.
If you do nothing and our economy is slow to recover or worse, and we have a bad year or two in the fields - who will you blame?
ABOVE: Concept of a near shore Desalination Plant
Tampa Bay Desalination Plant
Find out how you can help - your future depends on what you do today.
Email to find out how you can help: moneyaswealth@gmail.com
Friday, February 20, 2009
CAUTION!
.
Beware.
There Are Talking Heads In The Media That Can Mislead YOU.
Most of them are just ill-informed.
Some of them are just trying to figure things out.
Some might be doing it with intent. Intentionally telling lies.
In the end, it does not matter.
I am not concerned with their motivation or intent.
Here's how to identify those who mislead. How to tell when you are being misinformed.
MISINFORMATION ARTISTS have a language. If you hear these things, beware of the tainted information:
1. "Print Money."
If they are talking AT ALL about printing money - disregard their information. Paper currency is printed. Very little of our money is paper. The VAST majority of it is electronic bookkeeping entries. The game takes place in computers - at the banks. After all, if they just print it, why does the debt grow?
2. "Too Much Money."
If they say that inflation is caused primarily by too much money, they are misleading you. The problem is not too much money. The Problem is too much debt.
3. "Wheelbarrow full of money."
Those who mention this are prone to parroting slogans and myth. It did happen in Germany and is happening now in Zimbabwe. Scan this blog to find out why. It's not why they say it happened.
4. "Hyperinflation" Without Discussing Triple Digit Interest Rates
Same as #3.
5. "Banks Don't Create Money"
At least false. At worst a lie. Banks do create new money every time they make a loan. If they say "banks don't create money" or "banks loan out depositors money", they are misleading you.
Beware of myth and misinformation.
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Thursday, February 19, 2009
QUOTE
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
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Monday, February 16, 2009
Unfunded Obligations Increase to $65.5 Trillion
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"Unfunded Obligations" Closing In On GWP - Gross World Product!
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The National Debt is extra. So is Personal Debt. So is Business Debt.
So...
$147.345 Trillion
TOTAL DEBT & UNFUNDED OBLIGATIONS.
$7.7 Trillion Total Money Supply (Debt - all borrowed money)
$57.0 Trillion Total Combined Debt (National, Business and Personal)
$65.5 Trillion Unfunded Obligation (Soc. Sec., Medicare, Medicaid, etc.)
$3.27 Trillion Stimulus
$2.0 Trillion The Federal Reserve Will Not Disclose
$0.275 Trillion Foreclosure Rescue (UPDATED)
$147.345 Trillion TOTAL (updated 3/4/09)
GWP (gross world product): $70.65 trillion (2008 est.)
That means that everything the US owes, is more than twice what the Entire World can produce in a year.
Do you still think that a debt based money system is without consequences?
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Saturday, February 14, 2009
The Earth and Wealth
The earth provides raw materials, debt free.
Crops grow, debt free.
Animals multiply, debt free.
We have the labor.
We have the innovation.
We make stuff people want and need.
We call that "production".
That's wealth.
Where is the debt in this picture?
How did the debt get into that equation?
Where did the debt come from?!
Unless we had to borrow the money.
But we DON'T have to borrow money, in order to have money - if we choose not to!
We can change.
Hope and Change, right?
Hope that we don't get crushed by this stupid debt money system.
And, change it!
Change the way that we introduce money into the system so that it does not come in as debt.
Instead, have it come in as wealth.
Debt free. Interest free. Tax free. Inflation free.
As direct funding for infrastructure.
That way everyone benefits and the debt does not grow.
With a simple law change, we can allow State Chartered banks in Minnesota to create money as an asset, not a debt.
A simple change in accounting procedure (man made) can fix this problem.
There is no debt until we borrow the fake money from banks that they do not even have!
Get this fact and get it very, very clear, - the lenders do not lend deposits.
They DO NOT lend reserves, or deposits.
Their "reserves" never leave the bank.
The deposits stay in the depositor's account.
Where does the money that banks lend come from?
They make it up.
Brand new.
"Out of whole cloth."
On a computer.
Then they lend it to you and charge you interest.
Or, they lend it to your government (ultimately, you) and charge them interest.
Then the government collects the interest from you in the form of increased taxes.
That's fare, right?
Would it be unfair if I were able to make up money on a computer and lend it to you?
Then charged you interest?
Then had laws passed that said you can only get your money from me?
Then, you find out that you can not pay your interest, because I never made any money for that.
Then I take your "stuff" that you had worked for?
Would that be unfair?
Would it?
Of course it would.
Not only that, it's theft by deception.
Why would you allow the banks to do that to your family?
Your country?
You?
We can change it.
Our Founders left several means to right this error.
We have a State Constitution that authorizes us to make the change.
We have a State Chartered Banking System that can do the job with ease.
All we need is your support.
Email to find out how you can help: moneyaswealth@gmail.com
Minnesota Economic Policy Institute
Announcing the formation of the
MINNESOTA ECONOMIC POLICY INSTITUTE.
MNEPI will conduct research on economic issues important to Minnesota and the US, advise decision makers, elected officials, and business leaders on sound monetary and fiscal policy, and engage in advocacy of robust and economically sound solutions to the problems we face.
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Total Cost of Stimulus? $3.27 Trillion
The bill was finally delivered for Senators to read at 11 p.m. Eastern. It is about 1100 pages long. It would have been impossible to read it between its late night delivery and the forced vote. The principal author of the bill, left for Rome minutes after the House passed it. They lied about the cost. You will pay.
Friday, February 13, 2009
To Whom Do We Pay It??
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Think About It.
The US House of Representatives passed a "Stimulus" bill.
The US Senate just passed it, and on Tuesday the President will sign it.
$790 Billion.
$1.2 Trillion when you include the interest.
A Few Questions For You:
Q: Who are we borrowing this from? Specifically and exactly, who?
Hint: We are NOT borrowing it "from the American People" or from "future generations". They do not have it.
Q: Do the banks actually HAVE the money we are borrowing from them or are they creating new electronic digits and lending them to our Government?
Hint: They are not "printing" the money - do the math and see if they could print $10 Trillion.
Q: Is this money that we are borrowing, some depositors money? Is it deposited in some banks' vault? Who has nearly $10 Trillion? Not The United States, apparently, or we would not need to borrow it - right?
Q: Is there a $10 Trillionaire walking among us? Since we are told that Warren Buffett, just last year, was the richest man in the world, valued at $62 Billion, it is unlikely that in a market like this, he grew his net worth over 16,129 %. So, we know the richest man in the world does not have that money - and he would likely not loan every cent of it to a government that is reaping the fruits of a debt-money economic failure.
So, don't you want to know where the money comes from? You will surely have to pay it back - you should want to know!
Q: How is it that the United States, who's Constitution authorizes its Congress to coin money and regulate its value, must borrow any money from anyone??
Q: Do you have an answer? Not a slogan. Not a tired economic theory from someone who was born in the 1800s. But, an answer.
A: We are borrowing newly created, central bank, electronic digits, made up on a computer keyboard, deposited into accounts as digital money and all of it is debt.
You and your children are now in direct economic slavery.
Whew! Thank you Mr. Banker!
It's time for our elected officials to get an education from sources other than the "experts", bankers and lawyers that have no interest in examining the current failed system for errors - an education from sources outside of the bank funded university system, on how this REALLY works.
If you are a law maker, you need raw facts and information. Then apply the Constitution and common sense.
Do the work yourself. Don't rely on someone else to explain it from their agenda driven perspective. Eventually, you will be lied to. Lied to about how this debt money system works. Count on that. It has happened to me - this week - it just happened to be an attorney (surprise!) who is an elected official. If you are not vigilant, it will happen to you. The lie may come from someone who is sincere and dressed in a suit. It's still a lie tough, right?
We don't need any more lies dressed in a $5,000 suit. We need the truth in work clothes.
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Wednesday, February 11, 2009
Economic Terrorism? World Economic Meltdown?
You Decide.
Here's what The Chairman of the United States House of Representatives, Capital Markets Subcommittee, said:
"We're not the experts"?
Huh? Move over then, and let me drive.
None of the "experts" got it right or even know if they can fix it.
I know how to fix it - so do you, if you study this blog.
"Would have collapsed the entire economy of the United States, and within 24 hours the world economy would have collapsed."
How can we tolerate this level of incompetence?
"It would have been the end of our economic system, and our political system, as we know it."
Not if we had a wealth money system!
This is an unacceptable outcome.
"Somebody threw us in the middle of the Atlantic Ocean, without a life raft and we're trying to determine what's the closest shore and whether there's any chance in the world to swim that far - we don't know."
Somebody?
Who would have the economic power to deliver a coordinated economic strike against the United States - in the same hour!?
Representative Kanjorski, please email me, I can help.
Listen for yourself.
As long as you accept a debt money system, you will be held hostage to financial turmoil.
You don't have to accept it.
Help make a positive change.
While you still can.
Pass this blog along
and...
Support
The MINNESOTA TRANSPORTATION ACT
Leadership and What Can Be Done With Debt Free Money
Our Financial Downturn is a Result of Failure in Imagination and Leadership.
Watch this:
What kind of a country could we be living in if we stopped using debt as money?
We are only limited by resources (we have them!), labor (we have it!) and innovation (the US is exceptional).
We should NEVER be limited by money - we can create the money we need, based on production!
We need to shake ourselves out of the "debt mentality" coma that we have allowed ourselves to fall prey to and start dealing in wealth.
We have it.
YOU must demand it.
The answer is right here in Minnesota.
Starting with Minnesota, the US could lead the WORLD out of this economic "crisis".
We need leadership to do this.
So, lead.
I'll start.
Follow me.
If you are an elected official - lead.
If you are a voter - lead.
If you are an American - lead.
The children cannot do it.
Residents in the nursing home cannot do it.
If YOU are in between these ages - YOU"RE UP!
YOU.
It's your turn to lead.
Support
The MINNESOTA TRANSPORTATION ACT
BIG Cargo!
A Look at China's Cargo Capabilities and What That Means to The American Economy.
See more PHOTOS
LENGTH: 1,302 ft
WIDTH: 207 ft
POWER: 110,000 hp
CRUISE SPEED: 31 knots
CARGO CAPACITY: 15,000 TEU (1 TEU = 20 cubic ft.)
OTHER: Silicone coating to ship bottom reduces water resistance and saves 317,000 gallons of diesel fuel per year.
SPECIAL CONSIDERATIONS: A NEW CANAL IN PANAMA
NOTE: These ships arrive in the US full. They return to China nearly empty.
That means that China sells us lots of "widgets". We buy them with "dollars". That means China has dollars. China's economy does not use "dollars" it uses Yuan. With those "dollars" China has from selling all of those widgets, it enters our bond market and buys US Treasury Securities (bonds, bills, notes) - that's one way that "China Holds Our Debt".
NOTE: According to the US Treasury, the Federal Reserve could write a check and buy all of this debt. And, so, it should. I propose that Congress enact a "FEDERAL RESERVE DEBT REPURCHASE ACT". Congress would require The Federal Reserve to buy back the debt with the same money that it uses when it enters the "Open Market" to implement it's "Policy". Then the Federal Reserve would hold the debt and all of our obligations with China would be paid in full. Since the Federal Reserve would write the check on itself, the money did not come from the sale of Treasury Securities and therefore would not increase the public debt. Since the money that it used to buy the Treasury Securities comes from a "check written on itself", if they zeroed out that debt, it would not hurt them one single bit - they lost nothing (because they lent nothing - more electronic digits, the stuff of make-believe).
Panama digs a new addition to the canal. China builds cargo ships bigger than US aircraft carriers. The US buys China's stuff and sells very little of our stuff. Why? Because our debt money system has forced US companies to go overseas and south of the boarder, to increase profits so that they can afford to keep up with their "debt service" requirements and taxes.
By supporting The MINNESOTA TRANSPORTATION ACT, you can help reverse this momentum. You have to do something besides complain, though. You have to act.
Email to find out how you can help: moneyaswealth@gmail.com
Monday, February 9, 2009
$9.7 TRILLION ??
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Anyone See a Pattern Developing?
"...is almost enough to pay off every home mortgage loan in the U.S., calculated at $10.5 trillion by the Federal Reserve."
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Anyone See a Pattern Developing?
All loans.
Plus interest.
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"...is almost enough to pay off every home mortgage loan in the U.S., calculated at $10.5 trillion by the Federal Reserve."
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Sunday, February 8, 2009
Sustainability and Capitalism
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1. Capitalism is where the people own the means of production. We do NOT have that now in the US. We have a dirty form of debt-based, private bank, corporate, faux capitalism.
1. Capitalism is where the people own the means of production. We do NOT have that now in the US. We have a dirty form of debt-based, private bank, corporate, faux capitalism. .
It's not that capitalism is bad - we wouldn't know; we've never had it in all of the history of the US. We've always been worked over by the banks and their special form of economic terror.
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Isn't that what they are doing now? They dry up the money supply and threaten a "Great Depression" if we don't give them more money and labor ("bailouts" and wage reductions).
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What's it called when you do all of the work and someone else gets all of the economic benefit?
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In a model called "CLEAN CAPITALISM" the people would truly own the means of production because they would own their money. Whereas now, the banks own all of the money and you may only borrow it. We can change that.
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2. Now, banks create money when they make a loan, by "monetizing" a "promise to pay". The borrower signs a promise to pay and they literally type the new money into existence when they deposit the new loan into the borrowers account. They ONLY do this when they make a loan - so the new money always increases the debt.
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Big problem here: when they make a loan, they only create the principal. The money to pay interest is never created within the system. So, the debt is always greater than our ability to pay.
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3. That is, by definition, unsustainable.
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Friday, February 6, 2009
Here's a Concept
#1. Good Idea: The people do the work - they get paid. The more wealth they produce, the wealthier our nation becomes.
#2. Bad Idea: The people do the work - the bank gets paid. The more wealth the people produce, the deeper in debt our nation becomes.
Our nation makes "debt" its "money"; the more money put into the system, the more debt there is. That's bad enough, but now, the unpayable interest is threatening economic collapse.
We can change all of that. But only if we change the way that government pays for infrastructure.
No more bonding / borrowing / taxing. Simply pay the people who produce the infrastructure (wealth), with debt free money. The infrastructure will be an asset to everyone and there is neither debt nor inflation in the equation.
We can base our money on production of wealth rather than on debt.
Support
The MINNESOTA TRANSPORTATION ACT
Wednesday, February 4, 2009
Can't Keep A Good Scam Down
"Come on everybody! Step right up!
We've got a huge debt problem, and what we need to do is add even more debt.
Now, who's first?"
"Ooo, Me. Me! Me first!
I want to make the debt grow!!"
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Hey, what do you expect? They've found an easy mark in the American people. You think they won't exploit it to the end? Why would you think that?
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The prey are always prey until they combine strength, moral principles and action. Until then, they just talk a lot. And until the American people get behind a solid idea that can stop and then correct this debt problem, they are all talk.
Who Creates Money?
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"The actual process of money creation
takes place primarily in banks."
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MODERN MONEY MECHANICS, Federal Reserve Bank, Chicago
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"Then, bankers discovered that they could make loans merely by giving their promises to pay, or bank notes, to borrowers."
MODERN MONEY MECHANICS, Federal Reserve Bank, Chicago
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."In today's world of computerized financial transactions, the Federal Reserve Bank pays for the securities with an "telectronic" check drawn on itself. Via its "Fedwire" transfer network, the Federal Reserve notifies the dealer's designated bank (Bank A) that payment for the securities should be credited to (deposited in) the dealer's account at Bank A. At the same time, Bank A's reserve account at the Federal Reserve is credited for the amount of the securities purchase. The Federal Reserve System has added $10,000 of securities to its assets, which it has paid for, in effect, by creating a liability on itself in the form of bank reserve balances."
MODERN MONEY MECHANICS, Federal Reserve Bank, Chicago
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."Carried through to theoretical limits, the initial $10,000 of reserves distributed within the banking system gives rise to an expansion of $90,000 in bank credit (loans and investments) and supports a total of $100,000 in new deposits..."
MODERN MONEY MECHANICS, Federal Reserve Bank, Chicago
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Thursday, January 29, 2009
109 A.D. - Roman Historian, Tacitus
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Witten on The Financial "Crisis" in Rome. Note The Date.
Witten on The Financial "Crisis" in Rome. Note The Date.
"Credit Crisis"
Government Involvement
Lawsiuts and Foreclosures
Real Estate Crisis
Banks Not Lending
Big Drop in Housing Prices
Personal and Financial Ruin
Bank Bailout
Sound Familiar?