Money As Debt – International Bankers Own the World and This Is How

Money As Debt - International Bankers Own the World and This Is How - Conspiracy Reality TV

Money facilitates production and trade. As the money supply increases, money just becomes increasingly worthless, unless the volume of production and trade in the real world grows by the same amount. Add to this the realization that when we hear that the economy is growing at 3% per year, it sounds like a constant rate. But it’s not. This year’s 3% represents more real goods and services than last year’s 3%, because it’s 3% of the new total. Instead of a strait line is as naturally visualized from the words it is really an exponential curve that is getting steeper and steeper. The problem of course is that perpetual growth of the real economy requires perpetually escalating use of real world resources and energy. More and more stuff has to go from natural resource to garbage every year forever just to keep this system from collapsing.

Our goldsmith banker was not content with the income remaining after sharing the interest earnings with his depositors, and the demand for credit was growing fast as Europeans spread out across the world. But his loans were limited by the amount of gold his depositors had in his vault. That’s when he got an even bolder idea. Since no one but himself knew what was actually in his vault, he could lend out claim checks on gold that wasn’t even there. As long as all of the claim check holders didn’t come to the vault at the same time and demand real gold how would anyone find out. This new scheme worked very well and the banker became enormously wealthy on the interest paid on gold that did not exist. The idea that the banker would just create money out of nothing was just too outrageous to believe. So for a long time the thought did not occur to people.
But the power to just invent money went to the banker’s head, as you can well imagine. In time the magnitude of the bankers loans and his ostentatious wealth did trigger suspicions once again. Some borrowers began to demand real gold instead of paper representations. Rumors spread. Suddenly several wealthy depositors showed up to remove their gold. The game was up. A sea of claim check holders flooded the street outside the closed doors of the bank. Alas the banker did not have enough gold and silver to redeem all the paper he had put in to their hands. This is called a run on the bank. And it is what every banker dreads.

“I am afraid that the ordinary citizen would not like to be told that banks can and do create money… and they who control the credit of the nation direct the policy of Government and hold in the hollow of their hands the destiny of the people” -Reginald McKenna past Chairman of the Board, Midlands Bank of England

Banks can only practice this money system with the active cooperation of government. First, governments pass legal tender laws to make us use the national fiat currency. Secondly, governments allow private bank credit to be paid out in this government currency. Thirdly government courts enforce debts. And lastly governments pass regulations to protect the money system’s functionality and credibility with the public while doing nothing to inform the public about where money really comes from.

“Thus our national circulation medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess” Irving Fisher, economist & author

We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money, we are prosperous; if not, we starve.

We are absolutely without a permanent money system. When one gets a grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. – Robert H. Hemphill, Credit Manager Federal Reserve Bank, Atlanta, Georgia.

That’s not all. Banks create only the amount of the principal. They don’t create the money to pay the interest. Where is that supposed to come from? The only place borrowers can go to obtain the money to pay interest is the general economy’s overall money supply. But almost all that overall money supply has been created exactly the same way… as bank credit that has to be paid back with more than was created. So everywhere there are borrowers in the same situation frantically trying to obtain the money they need to pay back both principal and interest from a total money pool which contains only principal. It’s clearly impossible for everyone to pay back the principal plus interest, because the money doesn’t exist.

At one time charging any interest on a loan was called usury and was subject to severe penalties including death. Every major religion forbade usury. Most of the arguments made against the practice were moral. It was held that money’s only legitimate purpose was to facilitate the exchange of real goods and services. Any form of making money from simply having money was regarded as the act of a parasite or of a thief. However as the credit needs of commerce increased the moral arguments eventually gave way to the argument that lending involves risk and loss of opportunity to the lender and therefore attempting to make a profit from lending is justified. Today these notions seem quaint. Today making money from money held as an ideal to strive for.

“The modern day banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again…
Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in.
But, if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.” – Sir Josiah Stamp Director Bank of England 1928-1941

Also see Money as Debt II

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  • ThomasB

    What do the masses do? The devils spawn or zionists for lack of a better term, already did away with Lincoln and Kennedy for trying to disempower the British Monarchy’s control of US money (RE: the Viginia Company which is the United States)and assassinated Garfield because he cleaned up Wall Street. They tried to assassinate Andrew Jackson so…like, what now. The masses are so dumbed down they would never believe that the great wars were as Neville Chamberlain wrote started by Banks, America and international jewery. He didn’t make it very long after “Peace in our Time” now did he? It’ all so convoluted even this site could be a trick to see who sees the light. In God I trust.

  • http://www,nycampaignforliberty.com John Wallace

    THE COUNCIL ON FOREIGN RELATIONS AND TACK’S TACKLE SHOP

    This is a rather long article about the Council on Foreign Relations and how I believe that it is a “front organization” for international bankers. If you would rather download the artcle to read at a later date, here is a link to it:

    http://www.nycampaignforliberty.com/JohnWallace-Article-CouncilOnForeignRelations.pdf
    or
    http://www.nycampaignforliberty.com/JohnWallace-Article-CouncilOnForeignRelations.doc

    When I was growing up in the Inwood section of upper Manhattan, I remember when I was about 12 or 13 years old I had my first contact with discovering what a “front” was for another business. It was called Tack’s Tackle Shop. When it first opened, it looked like just another business. The guy in the store, Tack, was selling fishing rods, live bait and an array of fishing equipment. It didn’t take long before the kids in the neighborhood figured out that perhaps there was something else going on. The live bait in the window wasn’t alive anymore and local hoods and gangster type people seemed to be going in and out, particularly in the evenings and none of them looked like fishermen. It wasn’t long before the place was raided by the NYCPD and my friends and I all watched from across the street on Sherman Avenue as “Tack” came out in handcuffs along with a bunch of other men. We were later told that Tack’s Tackle Shop had actually been a front for an illegal gambling operation.

    A “front group” can be any entity that is set up to appear to be a legitimate independent organization, like Tack’s Tackle Shop, when it is actually controlled from behind the scenes by another organization or group of individuals. These front groups are often legitimate businesses, social or political organizations, professional groups, advocacy groups, research organizations, etc. Organized crime has used legitimate front organizations for many decades to launder their income from various illegal activities. Pharmaceutical companies have used front organizations to advocate for the drugs they manufacture. International terrorist organizations have their front groups here in the United States and as the evidence clearly shows, so do the international bankers.

    After researching the formation and activities of the Council on Foreign Relations (CFR) it appears that it may be a very sophisticated version of “Tack’s Tackle Shop.” The CFR was specifically set up to carry out the goals and objectives of international bankers so that the public positions taken by the CFR would appear to be independent positions that could not be directly connected to the international bankers who personally control and fund the CFR.

    The Council on Foreign Relations (CFR) was founded in 1921 by a very select group of international bankers, Wall Street lawyers and wealthy “old money” families sometimes called the Establishment or the Elites. Among the CFR’s founders were JP Morgan, John D. Rockefeller, “Colonel” Edward House (Marxist. globalist and close advisor to President Wilson), Paul Warburg (international banker), Otto Kahn and Jacob Schiff (both international investment bankers). The CFR’s stated purpose at that time was to improve the understanding of US foreign policy and international affairs through the exchange of ideas. The select membership has been gradually expanded over the years, now totaling around 3,800 and includes various professionals, corporate CEO’s, college presidents, media owners and reporters, high-ranking government officials and even high ranking US military officers.

    These same international bankers that started the CFR were instrumental in getting President Woodrow Wilson to sign the Federal Reserve Act into existence in 1913 that basically gave these international bankers the power to print money and control our entire economy. To show you the mind set of this core group, one of the founding CFR members, Edward House, authored a book in 1912 entitled “Philip Dru: Administrator” in which he laid out a fictionalized plan for the conquest of America. In the book, he told of a conspiracy by which a group of wealthy businessmen would gain control of both the Democratic and Republican parties and use them as instruments for the creation of a socialist world government.

    After signing the Federal Reserve Act into law, President Woodrow Wilson later admitted, “I am a most unhappy man. I have unwittingly ruined my country….(America is) no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.” He was, of course, talking about the international bankers and the creation of the first great nationwide “front organization” called the Federal Reserve that was designed to directly benefit the international bankers at the expense of the American taxpayers.

    The late Carroll Quigley (mentor and advisor to President Clinton) who was a long term member of the CFR, wrote in his book “Tragedy & Hope”: “The CFR is the American Branch of a society….which believes that national boundaries should be obliterated, and a one-world rule established.”

    Rear Admiral Chester Ward, a former member of the CFR for 16 years, sounded the alarm about the real intent of the CFR and pointed out that there was two separate cliques within the CFR:

    1. The first and most powerful clique wants to bring about the surrender of the sovereignty and national independence of the United States.

    2. The second clique of international members is comprised of Wall Street international bankers and their key agents who want to receive a world banking monopoly from whatever power ends up in control of global government.

    Congressman John Rarick, a recipient of the Bronze Star and Purple Heart in World War II and a Democrat from Louisiana who once argued with his party over its increasing liberalism, said, “The CFR, dedicated to one-world government, financed by a number of the largest tax-exempt foundations, and wielding such power and influence over our lives in the areas of finance, business, labor, military, education, and mass communication-media, should be familiar to every American concerned with good government, and with preserving and defending the U.S. Constitution and our free-enterprise system. Yet, the nation’s right-to-know machinery, the news media, usually so aggressive in exposures to inform our people, remain conspicuously silent when it comes to the CFR, its members and their activities.”

    By using the CFR as a front organization to push their globalist agenda for America and the world, the “Establishment Elites and International Bankers” have managed to gain significant influence and power in key decision-making positions at the highest levels of our government. They can not only advocate their new world order ideas from within the government by using their CFR members in high government positions, but they can also use individual CFR members and research groups financed by their non-profit foundations to bring pressure from another direction. The international bankers use this process to implement the step by step decisions that will gradually convert the US from a sovereign nation to a subservient position in the new world order run by appointed bureaucrats selected by the international bankers. The CFR is being used much in the same manner as “Tack’s Tackle Shop” was used by an organized criminal group. The international bankers behind the CFR want to give the public the outward appearance of legitimacy in order that they can slowly accomplish their illegal objectives to usurp the US Constitution and the sovereignty of this country.

    Many of the most influential international bankers, Wall Street CEOs, politicians, academics and media owners and TV personalities are members of the CFR. They join the CFR for the same reasons that other people join similar business organizations: to make political or business contacts, to enjoy the prestige of being in the organization or to simply use their connections to make more money. The CFR in turn, uses the broad influence of these people and their organizations to slowly infiltrate their globalist ‘New World Order’ plans into American life. CFR members and their ghost writers author scholarly articles that are designed to specifically affect public opinion and future government decision making. These authors and researchers are oftentimes funded directly by one or more of the international bankers’ non-profit foundations. The CFR’s well paid academics expound on the wisdom of a united world and the CFR media members disseminate the message.

    In the 1940’s, President Roosevelt began bringing CFR members into the State Department and they have dominated it ever since. CFR members were instrumental in the creation of the United Nations. The American delegation to the San Francisco meeting that drafted the charter of the United Nations in 1949 included CFR members Nelson Rockefeller, John Foster Dulles, John Mc Cloy and the Secretary-General of the conference, Alger Hiss, who was later arrested as a spy for Russia. In all, the CFR sent at least forty-seven of its members in the United States delegation, effectively controlling the outcome.

    These same CFR members were also instrumental in using our country’s new membership in the United Nations to create the concepts of “limited wars” and “police actions” that were designed to circumvent the US Constitution and permit an administration to send our troops to war without a formal Declaration of War. It should also be pointed out that these two concepts benefit the international bankers and large corporations most because they allow these entities to make huge profits by providing financing and/or equipment and products to the enemies of our country during the conflict. It definitely did not benefit the US military men and women who were wounded or died in these conflicts. If a Declaration of War was declared, these same bankers and corporation CEO’s would be charged with treason for aiding the enemy during a time of war.

    James Warburg, a CFR member and son of CFR founder Paul Warburg testified before the Senate Foreign Relations Committee on February 17, 1950, defiantly telling the Senators that: “We shall have world government, whether or not you like it – by conquest or consent.”

    On November 25, 1959, the Council on Foreign Relations published “Study No. 7”, which openly declared its true purpose to bring about a New World Order through the manipulation of U.S. foreign policy and through international economic interdependence:

    · “…building a New International Order [which] must be responsive to world aspirations for peace, [and] for social and economic change…an international order [code for world government]...including states labeling themselves as 'Socialist.' "

    The plan for the New World Order and the ultimate control of America by the international bankers, was clearly outlined once again in the April 1974 issue of “Foreign Affairs” the Council of Foreign Relations’ own publication, when CFR member and former Secretary of State Richard N. Gardner, wrote an article entitled “The Hard Road to World Order” in which he stated:

    · “In short, the house of world order will have to be built from the bottom up rather than from the top down. An end run around national sovereignty, eroding it piece by piece, will accomplish much more than the old fashioned assault…” one way to garner public support for new international treaties would be to propagandize world wide predicaments. If people are scared of terrorism, financial chaos or global warming, they will be willing to cede their national sovereignty, freedom and liberties for global authority.”

    Since the FDR administration, all transition teams and administrations have been full of CFR members. It didn’t matter whether they were liberal or conservative, Democrat or Republican. The Nixon administration had over 115 CFR members all in key Executive branch positions, most of who continued into the Ford years. Ronald Reagan wasn’t a CFR member, but his Vice President George HW Bush was a CFR member, and so were 28 members of his transition team alone. The Clinton administration had over 150 CFR members in key executive positions. George W. Bush is not a CFR member either, but his father and uncle are, his Vice President Dick Cheney is, and his administration is swarming with CFR members. The incoming Obama administration’s transition team is packed with CFR members and he is already looking to staff many of its administration’s key executive branch positions with CFR members.

    Did you vote for change in the 2008 Election? If you did, here’s a partial list of Mr. Obama’s transition team:

    Susan E. Rice – (CFR) former State Department Asst Secretary for African Affairs; Anthony Lake (CFR) – Bill Clinton’s first national Security advisor; Zbigniew Brzezinski – (CFR) and Trilateral Commission - Brzezinski is widely seen as the man who created Al Qaeda, and was involved in the Carter Administration plan to give arms, funding and training to the Mujahideen in Afghanistan; Richard Clarke (CFR) - Former chief counter-terrorism adviser on the U.S. National Security Council under Bush; Robert W. Kagan (CFR) argues that interventionism is a bipartisan affair that should be undertaken with the approval of our democratic allies; Dennis B. Ross (CFR) and Trilateral Commission - Served as the director for policy planning in the State Department under President George H. W. Bush and special Middle East coordinator under President Bill Clinton; Lawrence J. Korb (CFR) - Director of National Security Studies at the Council on Foreign Relations. Has criticized manor of the invasion of Iraq but has detailed plans to increase the manpower of the United States Army to fight the war on terror and to "spread liberal democratic values throughout the Middle East"; Bruce Reidel (CFR) - Former CIA analyst who wishes to expand the war on terror to fight Al Qaeda across the globe. Considered to be the reason behind Barack Obama’s Hawkish views on Pakistan and his Pro India leanings on Kashmir; Stephen E. Flynn (CFR) - Has been attributed with the idea for Obama’s much vaunted "Civilian Security Force". Flynn has written: "The United States should roughly replicate the Federal Reserve model by creating a Federal Security Reserve System (FSRS) with a national board of governors, 10 regional Homeland Security Districts, and 92 local branches called Metropolitan Anti-Terrorism Committees”; and Madeline Albright (CFR) and Brookings - Currently serves on the Council on Foreign Relations Board of directors and was Former Secretary of State and US Ambassador to the United Nations under Clinton.

    Here’s the list of possible cabinet positions in the new administration: James B. Steinberg – CFR and the Trilateral Commission; Chuck Hagel (R) – (CFR); Robert M Gates – (CFR), Hillary Clinton – Husband Bill is a CFR member; Bill Richardson (CFR); Sen John Kerry (D) (CFR); Susan Rice (CFR); Robert Rubin (CFR); Lawrence Summers (CFR); Timothy Geithner (CFR); Paul A. Volcker (CFR); David L. Boren (CFR); Thomas H. Kean (CFR); Gary Hart (CFR), and Jane Harman (CFR) – Defense Department Special Counsel (1979).

    At time of writing of this article, President-elect Barack Obama's has apparently selected Arizona Democratic Gov. Janet Napolitano as secretary of Homeland Security; Timothy Geithner, the current New York Federal Reserve head, as the Secretary of the Treasury; and Texas Democratic Gov. William Richardson as the Secretary of Commerce. Guess what? They are all members of the Council on Foreign Relations. So much for change!

    What do Dan Rather, Barbara Walters, Jim Lehrer, Marvin Kalb, Diane Sawyer, Andrea Mitchell and Tom Brokaw have in common? Answer: They are all members of the CFR.

    What does the NY Times, Washington Post, Wall Street journal, LA Times, Boston Globe, Baltomor Sun, Chicage Sun-Times, Houston Post, Minneapolis Star-Tribune, Arkansas Gazette, DesMoine Register and Tribune, Louisville Courier, the AP, UPI, Reuters, the Gannett Co, Walt Disney, ABC, CBS, NBC, Fox Networks, Clear Channel have in common: Answer: They are all members of the CFR.

    Freedom of the press has always been vital to the preservation of our American Republic. Ever since the early years of our country, it was the American “free press” that stood tall between us and the crooked international bankers, industrialists and corrupt government officials. While some of the major newspapers in the big cities were controlled by establishment types like William Randolph Hearst, who definitely influenced the content, most of the newspaper owners and reporters were independent and honorable people who chose to keep their integrity by pursuing the truth. Most local newspapers, radio stations, and later on TV stations, were owned locally.

    As they grow larger and eliminate their competition, major media corporations and international bankers are choosing what you will see on the nightly news while trying to trick you into believing it is unbiased reporting. The very news stories that you are fed by the mainstream media are manipulated to mirror the public relations campaigns of corporations, international bankers and even their favorite presidential candidates. If this is not the case then why, during the course of the 2008 election, was there no mention of the issues that were important to Americans: the threat by big government to our freedoms, liberties and sovereignty; the actions of the Federal Reserve and the issuance of fiat money; the drugging of 6 million of our nation’s youth; or amnesty for illegal aliens. Popular candidates like Ron Paul were either ignored by the media, excluded from most of the TV debates, or asked fewer questions than their CFR candidate counterparts. Of the top twenty media corporations in the U.S, 18 are members of the CFR.

    The CFR's strategy is to use their members in the media to promote the need for world government in order to fight international threats like global warming. Both Obama and McCain made the environment a major issue in the campaign, but avoided mentioning the immigration issue. The CFR has long identified the worldwide environmental movement as a means to advance its agenda and has even suggested a global tax on all developed nations, payable to the United Nations of course. Most of the major media companies are now controlled by individuals or organizations that are members of the CFR, including the international bankers. One of the techniques used by the CFR and its membership has been to manipulate the news in such as way as to push their internationalist views on the rest of us.

    As the big media corporations keep merging into larger and more powerful companies, they will be able to control public opinion as never before. With their friends in congress and in key government agencies, all the international bankers and their CFR members need to do is advocate bringing back the “Fairness Doctrine” and regulating the internet and their control of the media will be complete.

    The average American might find the CFR’s powerful influence over America's government very difficult to understand or believe, but never forget that the CFR was founded by international bankers for the express purpose of bringing about socialism and world government. It is the deliberate plan of these international bankers, who hide in the shadows and pull the strings of their marionettes, to gradually increase their influence and domination over America’s domestic and foreign affairs. CFR members have been in control of our government since the 1940’s. If CFR members are supposed to be the nation’s best and brightest in running the federal government and overseeing foreign affairs, why is the country in such a mess under their eighty year watch? The answer is: That’s the plan.

    The international bankers behind the Federal Reserve and the CFR are deliberately trying to usurp the US Constitution and gradually destroy our freedoms, liberties and sovereignty in the process. They are using the Federal Reserve System to bankrupt the country so we will be at their mercy. The deeper in debt our country goes, the richer and more powerful these international bankers become. If action is not taken to take back control of our nation’s currency from the criminals in the private international banking cartel and if the CFR’s influence over the highest levels of our federal government isn't soon broken, America will be reduced to a third world nation controlled by a socialistic world government where our freedoms and liberties would have disappeared and our national sovereignty is but a fond memory.

    Many Americans believe that we may have reached a point where it no longer matters which party or candidate wins the election, because both candidates are already beholden to special interest groups and the winner will staff the high level executive positions with CFR members.

    The activities of the international bankers behind the Council on Foreign Relations and the Federal Reserve should be thoroughly investigated by an independent prosecutor. If criminal activities are uncovered, then those involved should be prosecuted under the Racketeer Influenced and Corrupt Organizations Act (RICO) as an ongoing criminal conspiracy. The American people must not give up their liberties for the false sense of security offered by the international bankers and their CFR puppets. The grip of these international criminals must be broken and the threats against our liberties, freedoms and our nation’s sovereignty must be eliminated. It can only be accomplished by a demand for action by a determined and educated American citizenry, as well as by an honest and thorough federal criminal investigation.

    I close this article with a quote from David Rockefeller, the former Chairman and the current Honorary Chairman of the Council on Foreign Relation and ask you to consider the implications of what he has said:

    "We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years... It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries."

    - David Rockefeller, Bilderberg Meeting, June 1991 Baden, Germany

    By:

    JOHN W. WALLACE

    New York Campaign for Liberty

    http://www.NYCampaignForLiberty.com

  • Khbe

    If the world debt is the huge monster menacing to gulp down the world’s economy than kill the monster! Target first the monster’s brain & nervous system: central banks, the USURA masters enslaving everything they can. Than go to the jugulea: the politicians & lobbyists that serves them blindly for their own interests. But first attack your own ignorance about this value system. For without confronting your own personal greed & lust for power you will never be part of the solution. So don’t spill blood, spill the gangrene of spiritual corruption that creeps in the blood through attachment to ficticious money that fills the soul with fear of spiritual truth. Become a warrior(ress) of light, fight for universal love, that mother earth gives & teaches. The first real asset capable of creating abondance for all. That will demand all the the courage & intelligence of the the heart that everyone can muster. In the hope you get this before the dark rift gets you! rth gives & teaches. The first real asset capable of creating abondance for all. That will demand all the the If the world debt is the huge monster menacing to gulp down the world’s economy than kill the monster! Target first the monster’s brain & nervous system: central banks, the USURA masters enslaving everything they can. Than go to the jugulea: the politicians & lobbyists that serves them blindly for their own interests. But first attack your own ignorance about this value system. For without confronting your own personal greed & lust for power, you will never be part of the solution. So don’t spill blood, spill the gangrene of spiritual corruption that creeps in the blood through attachment to ficticious money that fills the soul with fear of spiritual truth. Become a warrior(ress) of light, fight for universal love, that courage & intelligence of the the heart that everyone can muster. In the hope you get this before the dark rift gets you! We are the plunderers & parasites, big & small, rich & poor, this means we first need to question our priorities & agendas, to truly cooperate with one another on every scale of the problem to bring solutions. Who has the economic/political, personnal & collective, will to implement necessity over desire, with the goal of sharing purposefully for the greater good off all? Humans create money not the other way around.

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