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|About Money - Yours and Theirs|
|Oct 8, 2007||"The Greatest Fraud of all time is that Banks create money for themselves 'out of thin air' and inject it into the economy as loans|
A couple of years ago I had business cards printed up with "BANKS AND JUDGES; Email: firstname.lastname@example.org ; www.rightsandwrong.com.au " on one side and "The Greatest Fraud of all time is that Banks create money for themselves 'out of thin air' and inject it into the economy as loans which they recoup with interest" and "The Greatest Corruption of all time as that Judges conceal the fraud." on the other. I still have some left.
|Sep 25, 2007||Understanding student debt is designed to enslave each new generation.|
Fogal_contacts list: For removal send email Fogal_contactsemail@example.com
RE STUDENT DEBT
Here is an excellent video created by members of COMER (Committee on Monetary and Economic Reform)
It focuses on student debt to generate an understanding of money and debt.
Please distribute this information on your lists and in particular bring it to the attention of students, both university and college.
The video will also be on our website soon. (Our host is currently down) [full story]
|Sep 25, 2007||In economics and every thing else Big is not always better|
Islam: the Class Envy Appeal
By Daniel PipesFrontPageMagazine.com | 9/25/2007
While the outside world hardly noticed, a significant and rapidly growing amount of money is now being managed in accord with Islamic law, the Shari‘a. According to one study, "by the end of 2005, more than 300 institutions in over 65 jurisdictions were managing assets worth around US$700 billion to US$1 trillion in a Shari'ah-compatible manner."
Islamic economics increasingly has become force to contend with. burgeoning portfolios of oil exporters and multiplying Islamic financial instruments (such as interest-free mortgages and sukuk bonds). But what does it all amount to? Can Shari'a-compliant instruments challenge the existing international financial order? Would an Islamic economic regime, as an enthusiast claims, really imply end injustice due to "the State's provision for the well-being of all people"? [full story]
|Sep 23, 2007||MORTGAGE FORECLOSURE IS FRAUD|
MORTGAGE FORECLOSURE IS FRAUD:
FRAUDULENT LOAN CONTRACTS:
Under COMMON LAW, there are 8 essential elements for the creation of a contract, ie: (1) offer; (2) acceptance; (3) sufficient consideration; (4) intention to enter legal relations; (5) capacity to contract; (6) legality of purpose; (7) genuine consent; and (8) certainty of terms.
VARIABLE INTEREST RATES render a contract void for uncertainty. To make out that an illegal contract is valid is fraud and obtaining money by fraud is stealing.
FRAUDULENT DEFAULT JUDGMENTS:
“No Freeman shall be dispossessed unless by the lawful judgment of his own equals indeed the law of the land” (Magna Carta 1215). Magna Carta is entrenched Constitutional and COMMON LAW in Australia. The RIGHT to TRIAL BY JURY is inalienable, ie; it cannot be taken away and it cannot be given away. Unless both parties to any action in any Court sign a MEMORANDUM OF CONSENT to be without a JURY, no Court has JURISDICTION to proceed summarily, ie: without a JURY. “That the awards, doings and proceedings, to the prejudice of your people in any of the premises (ie: Magna Carta), shall not be drawn into consequence or example” (Petition of Right 1627), ie: they are illegal and void. [full story]
|Sep 21, 2007||A Fed Panic and a Massive Bailout of American Banks Paid for by the Entire World|
A Fed Panic and a Massive Bailout of American Banks Paid for by the Entire World
By Prof. Rodrigue Tremblay
Global Research, September 21, 2007
"Manias, panics, and crashes are the consequence of an economic environment that cultivates cupidity, chicanery, and rapaciousness rather than a devout belief in the Golden Rule." –
Peter L. Bernstein, Foreword to Manias, Panics, and Crashes (4th ed.) by C. P. Kindleberger
"In a crisis, discount and discount heavily."
Walter Bagehot (1826-1877), British economist
"The job of the Federal Reserve is to take away the punch bowl just when the party starts getting interesting."
William McChesney Martin (1906-1998), Fed Chairman (1951-1970)
"The dysfunctional state of American politics does not give me great confidence in the short run.''
Alan Greenspan, Fed Chairman (1987-2006)
The mismanagement of money and credit has led to financial explosions over the centuries. The causes, cures and consequences of such financial catastrophes are most often repetitive. Indeed, such financial collapses are usually the result of the unbridled greed and cupidity of financial operators and of the lack of necessary supervision by public institutions designed to protect the public and the common good. For example, after the October/November 1907 financial crisis in the United States, the idea initially advanced by banker Paul Warburg to establish a partially private and partially public Federal Reserve system of banking was finally adopted, in 1913. The Fed thus became the lender of last resort for banks that find themselves in an illiquid position. It is only after the stock market crash of 1929, however, that the Security and Exchange Commission (SEC) was established, in 1934.
But even with institutions and regulations in place, when they are inoperative, corrupt or ill-adapted, financial crises can still occur. And the current financial crisis is there to remind us of this fact [full story]
|Sep 16, 2007||They said the Government would control the BANKSTERS by appointing the Head of the System,|
----- Original Message -----
From: Joseph McNicholl
To: John Wilson
Sent: Thursday, September 13, 2007 12:22 AM
Subject: Re: Fw: BANKING AND FINANCE
Hi John, It's important to our investigations, being, that how a Criminal gets into your house, will help you get him out !!!!!!!!! We still have these CRIMINALS in our houses, The States and OZ !!!!!!!
We the People, were told it would prevent Bank Panics, which were going on in America, which caused banks to fail !!!!! They said the Government would control the BANKSTERS by appointing the Head of the System, and the People were deceived !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! [full story]
|Sep 12, 2007||Banking, Finance, & The Money System.|
Banking, Finance, & The Money System.
It's time the people of Australia knew the alarming facts. Test your own knowledge of these facts by the following questions:
Do you know that no bank lends money deposited with it?
Do you know that when a bank lends money it CREATES it out of nothing?
Do you know that bank loans are merely pen and ink entries in the credit columns of a bank's ledger? They have no other existence.
Do you know that practically all the money in the community comes into circulation as a debt to the banks?
Do you know that money loaned by a Government bank is just as much a debt to the people as if it were loaned from a private bank? [full story]
|Dec 2, 2003||It must be a difficult time to be a Fed money manager, because as the latest monetary magic is beginning to result in significant economic growth|
SEE: “Gold, Central Banks, IMF/WBG, & Currency” under “Issues Research” By: Ed Smith It must be a difficult time to be a Fed money manager, because as the latest monetary magic is beginning to result in significant economic growth, difficult choices face our Fed money managers. Let’s take a look at what problems face these monetary policy makers. Inflation has to be the number one problem, because as the money supply has expanded with easy credit, along with federal deficit spending that has reached levels that would make a Democrat blush, that monster called inflation can’t be far beyond the horizon. While the success of the monetary policy of easy credit and tax cuts has indeed re-ignited our economy, the question is how do we control the growth and inflation without crating the granddaddy of all credit disasters, namely the one that will scuttle real estate values as soon as interest rates go up, thereby creating a panic that will dwarf the savings and loan crisis of the 80’s. [full story]
|Dec 2, 2003||How Much Gold IS Enough? When Money Gets Real|
SEE: “Gold, Central Banks, IMF/WBG, & Currency” under “Issues Research” By: SARTRE Many people have an ambiguous understanding of the nature of GOLD. The financial manipulators have no such deficiency. They fear gold for a very good reason - it places the brakes on the systematic destruction of currencies. Look at it this way. Historically, currencies have recurrently been destroyed - becoming worthless. If only those confederate notes could still buy an antebellum mansion. Gold can never go to zero. But before you decide to stock up and turn in all that worthless paper, keep in mind that money has become the decisive political decision. Governments repel from guardianship of purchasing power for their currencies. In its most reducible simplicity, regimes love inflation since it is the silent tax. Ever since the gold window was closed by Richard Nixon, the float of the metal has become the most concerted market to tame and subdue. [full story]
|Nov 26, 2003||President Kennedy, the Federal Reserve and Executive Order 11110|
SEE: “Gold, Central Banks, IMF/WBG, & Currency” under “Issues Research” by Cedric X From The Final Call, Vol15, No.6, on January 17, 1996 (USA) On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This meant that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous. With the stroke of a pen, Mr. Kennedy was on his way to putting the Federal Reserve Bank of New York out of business. If enough of these silver certificats were to come into circulation they would have eliminated the demand for Federal Reserve notes. This is because the silver certificates are backed by silver and the Federal Reserve notes are not backed by anything. Executive Order 11110 could have prevented the national debt from reaching its current level, because it would have given the gevernment the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money. Executive Order 11110 gave the U.S. the ability to create its own money backed by silver. [full story]
|Nov 26, 2003||In Gold We Trust|
SEE: “Gold, Central Banks, IMF/WBG, & Currency” under “Issues Research” From gun-wielding libertarians to radical Muslims, an unlikely global cabal is plotting financial revolution. And they're putting their money where the Web is. By Julian Dibbell Thirty miles south of Florida's Cape Canaveral lies the town of Melbourne, home to the Action Gun pistol range, where, on a balmy Thursday afternoon, James Ray stands calmly firing round after Glock 9-mm round at a photocopied image of Adolf Hitler. Ray supplied the target himself. He purchased it on the Web site of one of his favorite nonprofit organizations (Jews for the Preservation of Firearms Ownership), and its ideological content is not what you'd call subtle: Against the background of a standard ring target, the Führer stands in full Sieg heil mode, his arm up high and his sternum right in the bull's-eye, above a caption that reads ALL IN FAVOR OF GUN CONTROL RAISE YOUR RIGHT HAND. By the time Ray has had enough of the Glock, the target is nicely perforated. Then he picks up his .44 Magnum hand cannon and blows Adolf pretty much to bits. Yes, Jim Ray is a gun freak. But as it happens, the purpose of today's visit to the pistol range is not to huff powder fumes or celebrate the Second Amendment. He's here to show that there's a type of money you can believe in without also having to believe in the authority of the state. He's here to offer a glimpse of a world in which wealth resides ultimately not in flimsy pieces of government-issue paper but in rock-solid slabs of $279-an-ounce metal. He's here, in short, to demonstrate the vanguard of monetary technology: a 5,000-year-old form of cash called gold. [full story]
|Nov 6, 2003||Fort Knox Is More Than Devalued: It’s A Disgrace|
SEE: “Gold, Central Banks, IMF/WBG, & Currency” under “Issues Research” By: Jim Moore You remember Fort Knox. That's the fort in Kentucky where we used to keep billions of dollars in gold bullion stashed away, representing backup for all the money in the U.S. Then we went off the gold standard, emptied all the vaults, put the gold somewhere else---nobody seems to know where---and began printing the fiat money when we needed it. Knox got devalued. Here's how it got disgraced. [full story]
|Nov 1, 2003||The Dollar Is Doomed|
SEE: “Gold, Central Banks, IMF/WBG, & Currency” under “Issues Research” WHAT WILL HAPPEN WHEN INTEREST RATES RISE? By: SARTRE “Record-low interest rates encourage present consumption and generate massive debt. In just five years, total financial as well as nonfinancial American debt has surged by 51 percent or $10.9 trillion to more than $32 trillion, three times the annual Gross National Product. The Federal government itself is chafing under a $6.8 trillion debt and adding $1.6 billion a day. At present interest rates, this debt alone commands charges of $300 billion a year, or more than $1,000 per man, woman, and child.” According to Hans F. Sennholz in his essay - Saving the Dollar from Destruction - we are presented with a bleak financial future. Even under optimum conditions the alternatives are not pleasant. Now let’s ask the 64,000 dollar question. What will happen when interest rates start to rise? [full story]
|Oct 4, 2003||Too Many (Currency) Cooks . . .|
SEE: “Gold, Central Banks, IMF/WBG, & Currency” under “Issues Research” . . . spoil the stock market and the economy. Manipulating the dollar so that it is worth less and buys less seems like a foolish way to manage a nation’s currency or economy. Doing so today, at worst, could derail the fledgling bull-market recovery, just as an overly cheap dollar ended the 1980's boom. Yet recent actions by Treasury Secretary John Snow and the Group of Seven industrial nations suggest that global policymakers are moving in this misguided direction. A communiqué released at the recent G-7 meeting in Dubai called for flexible exchange rates rather than stable ones. Secretary Snow followed that up with a trip to Japan and China where he sought to jawbone for a revaluation of the yen and the yuan. Implied from these actions is Snow's desire for a cheaper dollar. [full story]
|Sep 13, 2003||John F. Kennedy vs The Federal Reserve|
SEE: “Gold, Central Banks, IMF/WBG, & Currency” under “Issues Research” On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. With the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business. The Christian Law Fellowship has exhaustively researched this matter through the Federal Register and Library of Congress. We can now safely conclude that this Executive Order has never been repealed, amended, or superceded by any subsequent Executive Order. In simple terms, it is still valid. When President John Fitzgerald Kennedy - the author of Profiles in Courage -signed this Order, it returned to the federal government, specifically the Treasury Department, the Constitutional power to create and issue currency -money - without going through the privately owned Federal Reserve Bank. President Kennedy's Executive Order 11110 [the full text is displayed further below] gave the Treasury Department the explicit authority: "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This means that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation based on the silver bullion physically held there. As a result, more than $4 billion in United States Notes were brought into circulation in $2 and $5 denominations. $10 and $20 United States Notes were never circulated but were being printed by the Treasury Department when Kennedy was assassinated. It appears obvious that President Kennedy knew the Federal Reserve Notes being used as the purported legal currency were contrary to the Constitution of the united States of America. [full story]