Friday, November 21, 2008

It's This Simple


A. If money exists, it was created. All money is created by banks, when they make loans. They create brand-new money; they do not loan out deposits. If they did, you could not get your deposit until the loan was paid back!

B. Banks only create the principal when they make the loan - never the interest that needs to be paid back. Since banks create all of our money, and only as a loan, there is no money created to pay interest.
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C. Money to pay interest comes from a loan made somewhere else in the system. So, we borrow to have money, then we have to borrow to pay interest on the borrowed money! And we wonder why we are in so much debt?
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Lessons From Katrina

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Sow the Wind,
Reap the Whirlwind.









"Naa... We've seen this before. Nothing to worry about."

"I know it looks bad, but what can we do?"

"Yeah, but, these types of things are natural."

"I just don't think about it..."

"I'm not a weather expert, so..."

"I don't know what to do!"

There is a financial storm on the horizon.
We are feeling the initial gusts now.
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You can make all the excuses you can think up, and excuses that someone else thought up too. But sooner or later "We The People" will not be able to pay the INTEREST on our debt - no matter how they twist the dials or pull the levers. Forget ever trying to pay off the principal. Just the interest alone, estimates show, will be unpayable, by 2016.
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Let that sink in.
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What does our economy look like when over $100 trillion in debt collapses? Remember, 1 trillion seconds is 31,688 years. In some circles they are talking about a Quadrillion dollar derivatives market folding under the pressure.
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Folks, seriously. We need immediate intervention; and it can't be in the form of any sort of loan - you cannot borrow/bond/tax your way out of debt.
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Finger pointing, feet-dragging and jaw-jacking are not enough! Neither is claiming ignorance.
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If you are an adult, it's time to have big-people thoughts on how money is created, how it's done now, and what to do about fixing it. Don't fold by saying "I really don't get it." Get it. It's your country.
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There is enough information on this web site to fix it. Read it until you get it. If it just did not make sense - reread it. Email us to set up an appointment with your church. Send this site to a friend. Get the education, on money, that you were never given! It's really all right here, on this web site. Do it before you are neck deep in water and looking for someone else to blame.
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Without a wealth based money system - one that is debt free and spent, not loaned, into the economy for the benefit of all Americans - we will take a direct hit from the certain and approaching storm.
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Then what?
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