October 6, 2011
Fractional-Reserve Banking System IS the Cancer that is KILLING us.
In this system, banks loan out many times more that what they actually have on deposit.
From Wikipedia "Fractional-reserve banking is a type of banking whereby the bank only retains a fraction of the customer's deposits as reserves. This means that cash and coin in the bank's vaults (also called bank reserves) are only a fraction (called the reserve ratio) of the quantity of deposits at the bank. As most bank deposits are treated as money in their own right, fractional reserve banking increases the money supply, and banks are said to create money.
Bank runs (or when problems are widespread, a systemic crisis) can occur in fractional-reserve banking systems. To mitigate this risk, the governments of most countries (usually acting through the central bank) regulate and oversee commercial banks, provide deposit insurance and act as lender of last resort to commercial banks."
So banks loan out money at interest, and when those loans go sour, the Federal Reserve loans the money to our government (at interest) so the government can bail out the banks, the government then sticks the tab with the American taxpayers. Bankers colluded with our government 12 years ago to get rid of glass-steagall Which removed the separation between investment banking and commercial banking, allowing wall street investment firms to gamble their depositors' money. Many feel 9rightly so) that the repeal of this act that lead to the financial crisis in 2008. I would also add to that the fractional reserve banking system that our banks (and the federal reserve bank) use, which essentially allows bankers to print money out of thin air also contributed to the mess. None of these issues have been dealt with since the crisis unfolded. Wall street investment firms and banks continue with their collateralized-debt obligations and structured investment vehicles, unchecked by any regulation (because the government regulators have all been bought off). The unholy alliance between government and corporation is a like a virus that is infecting it's host (our nation). Soon, the host will succomb to it's infection. Our politicians, unable and unwilling to do anything about the problem will let the next crisis unfold because they have been completely bought and paid for by wall street (I'm talking about Republicans and Democrats -both parties are bankrolled by wall street). Who knows how severe the next crisis will be, you can bet that higher-ups in our government do, they are even eagerly anticipating it.
From Wikipedia "Fractional-reserve banking is a type of banking whereby the bank only retains a fraction of the customer's deposits as reserves. This means that cash and coin in the bank's vaults (also called bank reserves) are only a fraction (called the reserve ratio) of the quantity of deposits at the bank. As most bank deposits are treated as money in their own right, fractional reserve banking increases the money supply, and banks are said to create money.
Bank runs (or when problems are widespread, a systemic crisis) can occur in fractional-reserve banking systems. To mitigate this risk, the governments of most countries (usually acting through the central bank) regulate and oversee commercial banks, provide deposit insurance and act as lender of last resort to commercial banks."
So banks loan out money at interest, and when those loans go sour, the Federal Reserve loans the money to our government (at interest) so the government can bail out the banks, the government then sticks the tab with the American taxpayers. Bankers colluded with our government 12 years ago to get rid of glass-steagall Which removed the separation between investment banking and commercial banking, allowing wall street investment firms to gamble their depositors' money. Many feel 9rightly so) that the repeal of this act that lead to the financial crisis in 2008. I would also add to that the fractional reserve banking system that our banks (and the federal reserve bank) use, which essentially allows bankers to print money out of thin air also contributed to the mess. None of these issues have been dealt with since the crisis unfolded. Wall street investment firms and banks continue with their collateralized-debt obligations and structured investment vehicles, unchecked by any regulation (because the government regulators have all been bought off). The unholy alliance between government and corporation is a like a virus that is infecting it's host (our nation). Soon, the host will succomb to it's infection. Our politicians, unable and unwilling to do anything about the problem will let the next crisis unfold because they have been completely bought and paid for by wall street (I'm talking about Republicans and Democrats -both parties are bankrolled by wall street). Who knows how severe the next crisis will be, you can bet that higher-ups in our government do, they are even eagerly anticipating it.
October 5, 2011
The Only Protester that TRULY GETS IT !!!!
The problem isn't with CAPITALISM, IT'S THE FEDERAL RESERVE!!!
October 3, 2011
Protesters call for totalitarian government
watch the following video, listen carefully to the words of these college students'
what I'm hearing from these kids is that it doesn't bother them that we now live in corporate-facist dictatorship... Adam Kokesh interviews a few of these kids, and they can't seem to form coherent thoughts. The girl with the harvard shirt in one breath says she disagrees and knows nothing about the troop deployment statistics given by Adam. In the next breath she says 'we shouldn't focus so much on the middle east' wtf?! Even more amazingly, this same girl said that our government is 'fully privatized' -I don't think she even knew what she meant by that. This is what is being produced by the education system these days. This is the next generation that will lead the country tomorrow. Be very afraid.
Occupy Wall Street Protesters Call For Totalitarian Government, Re-Election Of Obama
There is something very wrong with this picture
Paul Joseph Watson
Infowars.com
Sunday, October 2, 2011
Despite their honest intentions, many of the Occupy Wall Street protesters are being suckered into a trap and calling for the very “solutions” that are part of the financial elite’s agenda to torpedo the American middle class – higher taxes and more big government.
The ignorance displayed in these interviews knows no bounds. The protesters just don’t get it. They are calling for the government to use force to impose their ideas, all in the name of bringing down corporations who they don’t realize have completely bought off government regulators. Corporations and government enjoy a mutually beneficial relationship – getting one to regulate the other is asinine and only hurts smaller businesses who are legitimately trying to compete in a free market economy that barely exists.
The zeal for totalitarian government amongst some of the “protesters” is shocking. One sign being carried around read, “A government is an entity which holds the monopolistic right to initiate force,” which seems a little ironic when protesters complain about being physically assaulted by police in the same breath.
One woman interviewed by Kokesh also announces her intention to help Obama to capture a second term. How can a self-proclaimed Occupy Wall Street protester simultaneously support the man whose 2008 campaign was bankrolled by Wall Street, whose 2012 campaign is reliant on Wall Street to an even greater extent, and whose cabinet was filled with Wall Street operatives?
Something is very wrong with this picture.
The usual suspects, mega-rich foundations and elitists, behind the young radicals have also started to emerge – George Soros, The Ruckus Society, the Tides Foundation and the Ford Foundation.
“The belated crusade against Wall Street is even more pathetic as it is coordinated by groups who wouldn’t exist without men like Soros, who made their money from deals that make the Street look sparkling clean. It’s class warfare as a cynical jab at the populist center, the people who mutter to themselves that the Street is full of crooks and so is Congress,” writes Daniel Greenfield.
The thousands of Americans currently expressing their disgust at Wall Street and the bankers who have ruined the economy to the detriment of the poor and middle class should be commended for getting off their hind ends and doing something, unlike the millions who will continue to watch American Idol, drink beer and laugh in ignorance as the country is flushed down the toilet. It should also be added that there is a sprinkling of “End the Fed” demonstrators who truly understand the root cause of the problem.
However, the fact that the majority of the Occupy Wall Street demonstrators are advocating “solutions” which the very elite they claim to be protesting against also want should set alarm bells ringing.
The official Occupy Wall Street website vehemently supports Obama’s tax agenda, again in the deluded belief that Obama, the ultimate Wall Street puppet, genuinely wants to go after big corporations who use loopholes to avoid paying income tax.
In calling for higher taxes on the middle class, the protesters are mimicking the likes of billionaire Warren Buffet. The top corporations pay virtually zero income tax because of loopholes that they have crafted in league with bought off government regulators. Obama’s tax hikes will only impact genuine middle class businesses and middle class Americans earning over $200,000 – with the rate of inflation as it is this can hardly be described as the “super rich”.
As Anthony Wile writes, the protesters are being completely misdirected by their socialist/communist leaders. The real center of financial control is the Federal Reserve and the city of London, and yet ideologue Michael Moore said earlier this week that “ending capitalism” was more important than dealing with the Fed.
Wile notes that the protesters seem obsessed with those who conduct financial transactions, not those who actually run global central banks, the real string pullers.
“To get at the root of the problem, one should be protesting, say, in London’s City where central banking originated. Or protesting in front of the Federal Reserve in Washington DC. These are real seats of power. But the shadowy and excessively powerful and wealthy individuals who have created the modern economic system are quite satisfied no doubt to have Wall Street take the blame. It suits their purposes,” writes Wile.
“It is too bad that the Occupy Wall Street movement seems to be obscuring the larger issues by apparently blaming the private (transactional) sector in entirety for what has occurred in the past few years.”
UPDATE: Watch Alex Jones’ special broadcast in which he breaks down how the Occupy Wall Street protests are being run by the elite to distract Americans from the real source of the problem – the Federal Reserve. Jones has announced a nationwide Occupy the Fed rally and will personally be protesting Federal Reserve locations in Dallas, San Antonio and Houston this coming week.
what I'm hearing from these kids is that it doesn't bother them that we now live in corporate-facist dictatorship... Adam Kokesh interviews a few of these kids, and they can't seem to form coherent thoughts. The girl with the harvard shirt in one breath says she disagrees and knows nothing about the troop deployment statistics given by Adam. In the next breath she says 'we shouldn't focus so much on the middle east' wtf?! Even more amazingly, this same girl said that our government is 'fully privatized' -I don't think she even knew what she meant by that. This is what is being produced by the education system these days. This is the next generation that will lead the country tomorrow. Be very afraid.
Occupy Wall Street Protesters Call For Totalitarian Government, Re-Election Of Obama
There is something very wrong with this picture
Paul Joseph Watson
Infowars.com
Sunday, October 2, 2011
Despite their honest intentions, many of the Occupy Wall Street protesters are being suckered into a trap and calling for the very “solutions” that are part of the financial elite’s agenda to torpedo the American middle class – higher taxes and more big government.
The ignorance displayed in these interviews knows no bounds. The protesters just don’t get it. They are calling for the government to use force to impose their ideas, all in the name of bringing down corporations who they don’t realize have completely bought off government regulators. Corporations and government enjoy a mutually beneficial relationship – getting one to regulate the other is asinine and only hurts smaller businesses who are legitimately trying to compete in a free market economy that barely exists.
The zeal for totalitarian government amongst some of the “protesters” is shocking. One sign being carried around read, “A government is an entity which holds the monopolistic right to initiate force,” which seems a little ironic when protesters complain about being physically assaulted by police in the same breath.
One woman interviewed by Kokesh also announces her intention to help Obama to capture a second term. How can a self-proclaimed Occupy Wall Street protester simultaneously support the man whose 2008 campaign was bankrolled by Wall Street, whose 2012 campaign is reliant on Wall Street to an even greater extent, and whose cabinet was filled with Wall Street operatives?
Something is very wrong with this picture.
The usual suspects, mega-rich foundations and elitists, behind the young radicals have also started to emerge – George Soros, The Ruckus Society, the Tides Foundation and the Ford Foundation.
“The belated crusade against Wall Street is even more pathetic as it is coordinated by groups who wouldn’t exist without men like Soros, who made their money from deals that make the Street look sparkling clean. It’s class warfare as a cynical jab at the populist center, the people who mutter to themselves that the Street is full of crooks and so is Congress,” writes Daniel Greenfield.
The thousands of Americans currently expressing their disgust at Wall Street and the bankers who have ruined the economy to the detriment of the poor and middle class should be commended for getting off their hind ends and doing something, unlike the millions who will continue to watch American Idol, drink beer and laugh in ignorance as the country is flushed down the toilet. It should also be added that there is a sprinkling of “End the Fed” demonstrators who truly understand the root cause of the problem.
However, the fact that the majority of the Occupy Wall Street demonstrators are advocating “solutions” which the very elite they claim to be protesting against also want should set alarm bells ringing.
The official Occupy Wall Street website vehemently supports Obama’s tax agenda, again in the deluded belief that Obama, the ultimate Wall Street puppet, genuinely wants to go after big corporations who use loopholes to avoid paying income tax.
In calling for higher taxes on the middle class, the protesters are mimicking the likes of billionaire Warren Buffet. The top corporations pay virtually zero income tax because of loopholes that they have crafted in league with bought off government regulators. Obama’s tax hikes will only impact genuine middle class businesses and middle class Americans earning over $200,000 – with the rate of inflation as it is this can hardly be described as the “super rich”.
As Anthony Wile writes, the protesters are being completely misdirected by their socialist/communist leaders. The real center of financial control is the Federal Reserve and the city of London, and yet ideologue Michael Moore said earlier this week that “ending capitalism” was more important than dealing with the Fed.
Wile notes that the protesters seem obsessed with those who conduct financial transactions, not those who actually run global central banks, the real string pullers.
“To get at the root of the problem, one should be protesting, say, in London’s City where central banking originated. Or protesting in front of the Federal Reserve in Washington DC. These are real seats of power. But the shadowy and excessively powerful and wealthy individuals who have created the modern economic system are quite satisfied no doubt to have Wall Street take the blame. It suits their purposes,” writes Wile.
“It is too bad that the Occupy Wall Street movement seems to be obscuring the larger issues by apparently blaming the private (transactional) sector in entirety for what has occurred in the past few years.”
UPDATE: Watch Alex Jones’ special broadcast in which he breaks down how the Occupy Wall Street protests are being run by the elite to distract Americans from the real source of the problem – the Federal Reserve. Jones has announced a nationwide Occupy the Fed rally and will personally be protesting Federal Reserve locations in Dallas, San Antonio and Houston this coming week.
October 2, 2011
What is going on here...?
I was hoping that the crimes of the Federal Reserve (s privately-owned corporation) and the big banks were finally going to be exposed. We have seen the largest transfer of wealth in the history of the world over the last three years -from the working class people of America to big banks and corporations -facilitated by the Federal Reserve.
It now looks like the energy and anger of the protesters is now being channeled and directed (by design) to Obama's re-ekection campaign. WTF?! It's the same thing that happened to the ill-fated 'tea-party' movement -what started as a movement of Ron Paul supporters to shed light on the crimes of the federal reserve system and the over-spending of government back in '07-'08, was quickly co-opted and usurped by the Republican party so that the original intent and message was diluted and/or erased from public discourse. So now this new movement of people wanting legitimate change (ending the fed, exposing their crimes and corruption) is being washed away by foundation-funded Democratic operatives and union members. Republicans and Democrats do not want a popular uprising against the Fed, they benefit too much from the system that is in place. So this whole thing is being turned into a big farce with useful-idiot college students out there shouting how evil capitalism is, and calling for more socialism, then the 'conservatives' and republicans get up and say "look at these silly marxists".... At a time when liberals and conservatives need to be united to stand up and expose the Fed and the criminal banksters, instead these 2 groups are purposely being driven further apart while capitalism is being made the scapegoat... This country has been the victim of a financial coup d'etat, we now live under a corporate facist-dictatorship, with the media (Foxnews, CNN, NBC ABC, CBS) their willing accomplices....
It now looks like the energy and anger of the protesters is now being channeled and directed (by design) to Obama's re-ekection campaign. WTF?! It's the same thing that happened to the ill-fated 'tea-party' movement -what started as a movement of Ron Paul supporters to shed light on the crimes of the federal reserve system and the over-spending of government back in '07-'08, was quickly co-opted and usurped by the Republican party so that the original intent and message was diluted and/or erased from public discourse. So now this new movement of people wanting legitimate change (ending the fed, exposing their crimes and corruption) is being washed away by foundation-funded Democratic operatives and union members. Republicans and Democrats do not want a popular uprising against the Fed, they benefit too much from the system that is in place. So this whole thing is being turned into a big farce with useful-idiot college students out there shouting how evil capitalism is, and calling for more socialism, then the 'conservatives' and republicans get up and say "look at these silly marxists".... At a time when liberals and conservatives need to be united to stand up and expose the Fed and the criminal banksters, instead these 2 groups are purposely being driven further apart while capitalism is being made the scapegoat... This country has been the victim of a financial coup d'etat, we now live under a corporate facist-dictatorship, with the media (Foxnews, CNN, NBC ABC, CBS) their willing accomplices....
September 18, 2011
Banks & Corporations own & run our Nation
ALL our politicians are completely owned by the big banks and corporations who give them campaign money while completely disrespecting & disregarding the constitution. All that exists is an illusion perpetuated by the mainstream media (who itself is owned by the same banks, corporations, and interests) that a "choice" exists for people when voting. People will not wake up to this until it is too late...
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