Why we are in so much debt

[hoarder]

http://www.youtube.com/user/SilentNoMorePubs#g/c/CBB8C3797181C33F

[cedarchopper]

http://www.youtube.com/user/SilentNoMorePubs#g/c/CBB8C3797181C33F


Can you give a bullet point summary?

[Jazkal]

Why We Are In So Much Debt
The Federal Reserve System is designed to create, increase, and perpetuate debt, and simultaneously reduce the real value of your money, income, savings, and investments. This 1-hour seminar provides, in simple terms, the essential information that every American needs to know if we are to restore the American Dream. Watch, then get your family and friends to do the same.

[hoarder]

Can you give a bullet point summary?
The video explains how the Federal Reserve works.

[midnight rambler]

The root cause isn't the Fed, the Fed is only a symptom. The root cause is the secret societies which bask in human suffering and human sacrifice in the worship of their deity of death and destruction.

"It does not matter if the war is not real...it does not matter if victory is not possible...The war is not meant to be won, it is meant to be continuous...The essential act of modern warfare is the destruction of the produce of human labor...A hierarchial society is only possible on the basis of poverty and ignorance...In principle the war effort is always planned to keep society on the brink of starvation...The war is waged by the ruling group against it's own subjects..."
1984, George Orwell

[mamboni]

http://www.youtube.com/user/SilentNoMorePubs#g/c/CBB8C3797181C33F


Can you give a bullet point summary?


Metaphor:

Money is dry ice. Only the Banks are allowed to create dry ice. The worker is paid in dry ice, after he gives a chunk of it to the government as income tax. As soon as it is in his hands, it starts slowly sublimating away. When he exchanges it for food, goods and services, another chunk must be given to the government. In time, the worker finds it impossible to accumulat dry ice and must work longer and even borrow dry ice from the bank. Now the worker is indebted to the banker, who has all the dry ice and can make or destroy it at will.

The debtor is slave to the creditor.

Is is any wonder that the entire country is in debt? What is remarkable is that no one ever asks to whom and how?

[Ponce]

What the banks are doing to the general public the Fed is doing to the American governmnet........am I the only insane one here that thinks that?

I say, pay nothing back to the Fed......."They created money from nothing therefore we own them nothing"... think about it.

[hoarder]

That's a pretty good analogy, Mamboni!

[Serpo]

All the banks really want in the end are your houses......

Lend money from nothing......foreclose.....hey presto the bank owns a house and what did it cost the bank.....close to nothing...

[osoab]

What the banks are doing to the general public the Fed is doing to the American governmnet........am I the only insane one here that thinks that?

I say, pay nothing back to the Fed......."They created money from nothing therefore we own them nothing"... think about it.


The banks are the FED.

The general publik cannot grasp that simple idea.

[hoarder]

All the banks really want in the end are your houses......They want the world, nothing less will do.

[Ash_Williams]

The country is in debt because more is consumed than is produced.

The fed wasn't always the largest holder of debt. I believe at one time it was oil exporters, and china at another. The fed holding such a huge amount is relatively recent. But who the hell else is going to buy 5 trillion or whatever it is now?

The banks aren't trying to take houses. What does a bank do once it gets a house? Auctions it immediately with no reserve. They don't want them, they get rid of them as fast as possible. They do it to get their money back.

If they were able to create money out of thin air on their own, then why would they bother with loans? Why bother with banking fees? Why would they bother auctioning the houses for worthless digits of money that they can just create? If all that money is so worthless then why are people borrowing it? Why is the seller of the house happy to accept it? Why can I trade it for gold?

[cedarchopper]

The country is in debt because more is consumed than is produced.

The fed wasn't always the largest holder of debt. I believe at one time it was oil exporters, and china at another. The fed holding such a huge amount is relatively recent. But who the hell else is going to buy 5 trillion or whatever it is now?

The banks aren't trying to take houses. What does a bank do once it gets a house? Auctions it immediately with no reserve. They don't want them, they get rid of them as fast as possible. They do it to get their money back.

If they were able to create money out of thin air on their own, then why would they bother with loans? Why bother with banking fees? Why would they bother auctioning the houses for worthless digits of money that they can just create? If all that money is so worthless then why are people borrowing it? Why is the seller of the house happy to accept it? Why can I trade it for gold?




Why is the FRN valuable? Because the government forces people to use it through the barrel of a gun...Legal Tender Laws. Ask Saddam how it works on a nation-state level.

[General of Darkness]

Let's not forget the other parasites.

http://angrywhitedude.com/wp-content/uploads2/2010/12/illegal-aliens.jpg

[Twisted Titan]

The country is in debt because more is consumed than is produced.

The fed wasn't always the largest holder of debt. I believe at one time it was oil exporters, and china at another. The fed holding such a huge amount is relatively recent. But who the hell else is going to buy 5 trillion or whatever it is now?

The banks aren't trying to take houses. What does a bank do once it gets a house? Auctions it immediately with no reserve. They don't want them, they get rid of them as fast as possible. They do it to get their money back.

If they were able to create money out of thin air on their own, then why would they bother with loans? Why bother with banking fees? Why would they bother auctioning the houses for worthless digits of money that they can just create? If all that money is so worthless then why are people borrowing it? Why is the seller of the house happy to accept it? Why can I trade it for gold?





Because its isnt about the money. ITS ABOUT THE CONTROL.

The Money is fake. BUT THE CONTROL THEY WIELD OVER THE DEBT SLAVE IS VERY,VERY REAL.

When you are indebt you are always at the brink and you are robbed the most valuable asset of all. TIME.

See cause when you got time on your hands you can do something called THINKING and thinking is the most dangerous activity a pesant can engage in.

THAT is what this is all about .

CONTROL .

DEBT = CONTROL OF TIME AND CONTROL OF THOUGHT.



T

[midnight rambler]

Because its isnt about the money. ITS ABOUT THE CONTROL.

The Money is fake. BUT THE CONTROL THEY WIELD OVER THE DEBT SLAVE IS VERY,VERY REAL.

When you are indebt you are always at the brink and you are robbed the most valuable asset of all. TIME.

See cause when you got time on your hands you can do something called THINKING and thinking is the most dangerous activity a pesant can engage in.

THAT is what this is all about .

CONTROL .

DEBT = CONTROL OF TIME AND CONTROL OF THOUGHT.



T


That's not entirely correct.

The biggest thing is that they want your slack so that you cannot be giving slack to anyone else. (Think about it - the one word which sums up the entire world is "pressure", so what's the antithesis to pressure? Well of course that would be slack.)

At least according to J.R. "Bob" Dobbs.

http://theministryofslack.com/images/subgad.png

[Ash_Williams]

Why is the FRN valuable? Because the government forces people to use it through the barrel of a gun...Legal Tender Laws. Ask Saddam how it works on a nation-state level.

Right. There is demand for the FRN, the first cause being that you need it to pay your taxes or unpleasantness can result. But taxes are always going to be paid with something - it doesn't entirely matter what.



Because its isnt about the money. ITS ABOUT THE CONTROL.
Ok, why don't they keep the houses then, and rent them out? Why don't they keep anything? Why don't they loan to everyone, and never foreclose, to keep as many people in debt as possible? Seems like the only thing they want is those worthless dollars...