Tuesday, December 16, 2008

High Speed, "Bullet-Point" Review

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Let's Review

  • Banks create all money.
  • They do it when they make loans.
  • Banks only create the principal when they make a loan.
  • Banks never create money to pay interest when they make a loan.
  • Since banks create all of the money as loan principal, then money to pay interest on one loan, comes from someone else's loan principal.
  • Therefore, there is always more debt than money!
  • That means increased levels of bankruptcies.
  • Bankruptcies provide the system with money to pay interest - not taught in schools, but the truth.
  • This debt based money system, institutionalizes corruption.
  • When loan principal is repaid, it gets "extinguished".
  • Thus, we can never get out of debt - unless we change to a wealth based system.
  • Gold will not work as money - there is not enough of it in the entire world to pay off our debt.
  • If we paid off all the debt, we would have no money in circulation.
  • That's because we use debt for money.
  • 3 ways to get money into circulation - gift it, loan it or spend it.
  • You should be aware of the consequences of each.
  • We should "spend it, not lend it"
  • The Federal Reserve does not "print up" our money - it loans out "money"
  • Most of the money you see on T.V., rolling off the printing press, is to replace existing worn out Federal Reserve Notes.
  • "Velocity is what pays interest" - is a sham - a phantom explanation - money can't be principal and interest payments at the same time, no matter how fast it changes hands.
  • "Production pays interest" is a sham too. Production is not money - and you need money to pay interest, today. If you sell your production for money, somewhere in the system that money was borrowed, in order for it to exist.
  • Production and money are different.
  • A debt based money system, ensures that the one doing the loaning eventually gets the property.
  • The people doing the work, should get the property.
  • Property Rights are essential to a free people - the essence of liberty.
  • If you do all the work and someone else gets the property - that's slavery.
  • We should own our money.
  • Now, we don't.
  • But, we could.
  • There is a glitch in the way we finance infrastructure, if we "Fix the Glitch" it will heal our economy.
  • The MINNESOTA TRANSPORTATION ACT (MTA) will "Fix the Glitch".
  • The MTA can give us honest money, free of debt, interest and inflation.
  • The MTA will authorize the debt free funding of safe, modern bridges and roads.
  • The MTA can create millions of jobs, decrease and in some cases eliminate taxes.
  • The MTA is a robust solution that will showcase Minnesota leadership.
  • You can help!
  • Email us to find out how: moneyaswealth@gmail.com

Ultimate Bedtime Story

...Giveth and Taketh Away.
Shawn wants to go to bed.
It's a bit chilly - cold, in fact.
She has no blanket.
I tell her that I have one.
I offer to loan it to her.
She needs a blanket, so she agrees.
She also agrees to pay interest.
I loan her a blanket.
About 2 AM, I come and take my blanket - plus a pillow case as interest.
Minutes later, she's cold again, so I loan her the blanket.
About 3 AM I come back for my blanket - plus a sheet as interest.
Minutes later, she's really cold, so I loan her a blanket.
At 4 AM I come in and take my blanket - plus the alarm clock as interest.

Q: How long can I play this game before I own everything that Shawn has?

Q: As long as she borrows it, does Shawn ever get to own the blanket?

Q: What makes you (We the People) think that you can borrow all of your money into existence (now, that IS how it's done) and ever expect to own it, and then, pay it all back, plus interest, and keep from losing your stuff? Remember, rights to your property = liberty.

That's how our money system works.
Banks own all the money.
Americans can only borrow it.
Beep... Beep... Beep... It's the alarm clock.

Time to wake up.