In an
idealized society, if someone is allowed to loan money at interest, simple math
tells us that this person will end up with all the money and own everything. There
is a practical lesson to be learned from this hypothetical example. In the real world, when we allow people to
loan money at interest within a fractional-reserve banking system, the system
will function fine early on when sufficient resources are available to feed it,
but it is doomed to fail over time as resources become depleted and people lose
their ability to carry huge amounts of debt.
Ultimately, the results are the same as in our hypothetical example. The money lenders end up owning everything
and everyone else becomes their economic slave.
So it is in the
In 1913,
Congress was duped, bribed, and cajoled into passing the Federal Reserve Act, creating
the unconstitutional Federal Reserve Bank.
By so doing,
At first, our rape was slow and insidious. We felt good as we reveled in our newly found power and prosperity. A chicken in every pot and two cars in every garage was the order of the day, but unseen and ignored was the fact that that we were slowly bleeding and this bleeding was relentless. Each day the flow grew larger and each day, Americans owned less of what they thought was theirs. The income tax robbed us our productivity, interest on our loans doubled and tripled what we paid for everything, and inflation ensured that no matter how much we saved, we would always have less than we thought. At first, only husbands worked and wives were homemakers. Soon wives had to pitch in and find a job. Eventually, even this was not enough and today with both partners working, in far too many instances, second jobs are the necessary. We were slowly being robbed blind and this made the money lenders rich beyond their wildest dreams. They became so rich that, in the guise of the so-called New World Order, they were able to lay claim to the entire world.
Until the
latter part of the previous century, the illusion that we were a free and
independent nation remained unscathed.
Only a few people who were "out of touch" with reality thought anything
was wrong and that disaster was looming on the horizon. However, in 1994 this changed because
Congress passed the unconstitutional General Agreement on Tariffs and Trade
(GATT) making the
After passing
GATT, to further seal our fate, Congress enacted the North American Free Trade
Agreement (NAFTA) and the Central American Free Trade Agreement (CAFTA). Upon passage of these so-called "free trade"
agreements, in conjunction with GATT, the doors to the world were fully open
for American corporations and they began to leave our borders in droves to take
advantage of the low taxes, cheap labor, and lax environmental controls offered
by third-world countries. All the while
this was happening Congress held that the competition was good for
The chickens have come home to roost. Our demise began in 1913 when the incipient New World Order took control of our government and used their corrupt and doomed monetary system to bleed this nation of its wealth and resources. The final coup-de-grace came when Congress passed GATT, NAFTA, and CAFTA. These accords robbed us of our sovereignty and ended our existence as a free and independent nation. Finally, in keeping with these legislative acts of plunder, Congress began deregulating everything in our economy including our financial institutions. The latter led to an orgy of free and easy credit, which fueled a frenzy of real estate speculation. You can never pay too much for a piece of property because property values always go up, was the mantra of the day. Unfortunately, nothing always goes up and the inevitable mortgage meltdown we experienced led to the collapse of our financial industries. How convenient this was for our government and its New World Order masters. Now they could point to the mortgage meltdown as the reason for our economic collapse when the real reasons behind it was the blind acceptance of New World Order policies and initiatives by a Congress comprised of corrupt politicians who feathered their own nests at our expense.
And now we
come to the final abomination. The
economic collapse this nation is experiencing today is the direct result of a
century of duplicity, subterfuge, and criminality on the part of those in Congress
who we elect and pay to look out for our best interests. Now Congress has voted to give $700 billion
of money we do not have in retribution to the bastards who did this to us. They justify this deplorable action by
claiming it is necessary to free up credit markets, never stopping to ask what
good is credit to Americans who no longer can afford loans. Think about
it! The banks loaned money like drunken
sailors and got themselves into serious trouble such that they stopped loaning
money. Now to get them to loan money
again, our government has to borrow $700 billion and gave it to them so they
will once again do what they are supposed to do. Is this the best way to instill confidence in