Who Or What Is Behind The Economic Collapse Of America?

 By David J. Stewart | September 2012 | Updated August 2015

Americans are slaves to the bankers!

Photo to left: Links of chain, appropriately fitting for an article addressing the enslavement of American citizens to the offshore criminal banking cartel.  

My friend, have you ever stopped to realize that a 30-year mortgage is servitude? Can you believe that they've even been selling 40-year mortgages now for years? It's slavery! The lords of Rothschild have the American people working as slaves. When you save up $100,000 or more after 15-25 years of hard-work in your retirement, they steal it through deflation, forcing the value of the dollar down. This is one of the most effective forms of theft. Here's a brief explanation of this fraud by G. Edward Griffin.

If I'm a rich man in control of the money supply and interest rates, I don't have to steal your money to get it. I can just lower the value of the dollar to take away your purchasing power. Since the bankers control the entire system, they benefit from any changes to interest rates and the money supply. These people are financial scientists ladies and gentlemen!

There are numerous reasons WHY America's economy is in the toilet, but three of the clearly visible and primary reasons are:

  1. DEINDUSTRIALIZATION - The elimination of tens-of-millions of U.S. manufacturing jobs, relocating jobs to foreign soil to exploit cheap slave labor. Motorola employs over 10,000 workers in China. Maytag, Stewart-Warner, General Motors and hundreds of other corporations have sent millions of jobs to Mexico, China, Malaysia and Taiwan. The U.S. Is In Deep Doo Doo! We are now surviving in a post-industrialized America, where jobs are very hard to secure. There's no economic problems today that couldn't be immediately remedied by simply bringing the manufacturing industry back to America. I'm so sick of everything coming from China. It's sad that Americans can no longer afford anything unless it's manufactured in China. We will reap what we have sown.

    The day is already here when Americans don't have a choice of where they buy things from. Even apple-juice is coming from China now, and has been for over a decade. What began as a choice will soon become a way of life that is irreversible. Our nation will be poor like other third world cultures. It's just a matter of time. You can't buy American if nothing is made in America! The Chinese are getting very wealthy off our pennies. Then tables will eventually be turned. China will be superior to America economically. So be it, we get what we deserve for being indifferent and apathetic.
  2. ILLEGAL IMMIGRATION - The epidemic of illegal immigrants flooding into our nation. Despite lying rhetoric from The White House through the highly controlled mainstream newsmedia, illegal immigration has been openly allowed, tolerated and even encouraged by the Globalists. The fact that Americans have to compete with illegals for the few remaining minimum-wage jobs in our nation is evidence of this travesty of justice. Illegals have bankrupted hundreds of hospitals across the southwest of our nation.

    As of July 2014, our southern borders are now wide open for illegals to flood into the nation. The Obama Administration is using asymmetrical warfare tactics, bringing millions of illegal immigrants into the nation under the pretense of showing sympathy for the poor children. Residents of Detroit, Michigan, don't have any jobs to pay their own bills. Their jobs are in China, Taiwan, India and other foreign nations. America's leaders betrayed their oath of office, committing treason, permitting U.S. corporations to fire U.S. citizens and relocate those jobs to foreign soil to exploit cheap slave labour. Detroit Residents Beg For Water Like Dogs From The United Nations. While Americans are begging like dogs for water from the Communist United Nations organization, our government is paying to bring more illegals into the country. Homeland Security (DHS) To Pay For Illegal Immigrants To Be Escorted Into United States. I read last week (July 2014) that the federal government is building a $50,000,000 resort for illegals, complete with tennis courts, pools and saunas. Someone's got to pay the bills! Illegals go home!
  3. RECKLESS DEBT SPENDING/BORROWING - It's not simple irresponsible management of government; but rather, the deliberate massive theft of trillions-of-dollars of tax-payer money. Everything from the fraudulent banker-bailout to one trillion in student-loans (that graduates can never repay without jobs, so taxpayers will get stuck with the bill), the Wall Street banksters are raping the American people. Every dollar spent today is another dollar borrowed from the banksters. The banks get their money NOW, but taxpayers are billed LATER. This means more and more spiraling, out-of-control-debt, federal debt!!! The scam goes far beyond the federal government.

The Illuminati deliberately want to destroy America, so out of chaos they can achieve World Government, aka, a New World Order. To see Detroit residents begging for water like dogs from the United Nations is sickening, and I guarantee you this is just the beginning. The worse is yet to come!!! Goodbye American sovereignty!

Check out the following disinheartening video about the present dire economic condition in the United States, which is all by design, deliberately planned, intended to force Americans to succumb to the world rule of the United Nations over them!!! 50,000,000 Americans On Food Stamps!

Local cities across the nation are being forced to borrow money from the banks to stay afloat. It's so bad that many cities can no longer pay their firefighters and police, so they're laying them off and paying only minimum-wage.

Illegal Immigration

Illegal aliens flooding into the U.S. are absolutely ripping the country apart. Literally, thousands of illegals have committed felony crimes against U.S. citizens and have been released under clemency laws. U.S. Gov Frees 36,007 Illegal Aliens With Serious Criminal Convictions (88,000 crimes total). There is no rule of law in America today! Mr. Obama's Illegal Alien 'Refugees' Murder Good Samaritan Couple, Daughter Shot 4 Laughing. Working Americans don't want to lose their sovereignty to illegal aliens, resulting in lower wages, higher tax-debt and fewer available jobs. Also, most of the illegals don't speak a lick of English, and they are often given jobs by U.S. businesses. Spanish is now the primary language in Miami, Florida!

The following powerful statement was made by Congressman James Traficant Jr. (1941-2014) before the House of Representatives in April of 1997...

April 8, 1997

Mr. Speaker, schoolchildren in Michigan got sick eating strawberries that were tainted with the hepatitis A virus. Now if that is not enough to sour your shortcake, check this out.

The strawberries were illegally imported from Mexico and sold to the school lunch program in violation of Buy America laws. Unbelievable, huh? It never stops, and no one seems to care. Military boots from China, cars from Japan, beef from Australia, telephones from Singapore.

Mr. Speaker, it is all called New World order, and here is how it works; Jobs for China, jobs for Australia, jobs for Japan, jobs for Mexico, and berries for America, rotten illegal berries for America.

Beam me up, Mr. Speaker. It is time to put a few straw bosses in jail and mandate country of origin labels on all food products.

Mr. Speaker, I yield back the balance of any further disease.

SOURCE: A good man, Congressman Jim Traficant, Jr., House Speech, April 1997

Surprisingly, most of the new illegal immigrants are not from Mexico. 75% Of Virginia Illegal Aliens Coming From Iraq, Burma, Somalia, Bhutan And Latin America. I learned yesterday that the Illuminati are also trying to destroy Europe, and illegal immigration is a big problem over there too. Why have laws if they're not going to be enforced? A nation without enforceable borders ceases to be a country. Mark my words, the U.S will become just like Detroit... depressed, dirty, broke, bankrupt, ugly, corrupt and a wasteland of poverty. Our nation's economy cannot survive in a rigged system of funny money, thieving banksters, deindustrialization and illegals flooding across the borders into the United States. Wake up little fools, wake up! If you're not speaking out and doing everything in your power to fight against all this evil, then you're a part of the problem. Sadly, America's pastor are some of the least concerned.

Deindustrialization Has Destroyed America's Sovereignty

The following powerful statement was made by Congressman James Traficant Jr. before the House of Representatives in April of 1997...

September 26, 2000

Mr. Speaker, the Pentagon wants to buy combat ships from foreign shipbuilders. Now, if that is not enough to sink your rubber ducky, check this out: we give billions to Russia and billions to China in tax breaks, and, even though the American worker builds the best ships in the world, the Pentagon now wants to buy ships from Russia and China.

Beam me up. Who is running the Pentagon, Monte Hall? I think it is time to tell the Pentagon that we can hire generals and admirals a hell of a lot cheaper from Korea too.

I yield back the fact that American jobs are literally being shipped overseas.

SOURCE: A good man, Congressman Jim Traficant, Jr., House Speech, September 2000

Deindustrialization is largely why 54% of the wealth in the United States is owned by just 3% of corporate executives.[1] Americans still pay top-dollar for inferior consumer goods imported from China. As Rep. Jim Traficant mentioned, even our military troops are wearing boots made in China. I bought some Apple Juice at a supermarket and noticed that it was made from concentrate from China. Pick up anything near you right now and read where it was made. I guarantee most of it is from foreign countries.

Reckless Debt-Spending

Don't fall for the satanic lie that our nation is going through an economic boom/bust cycle. What is happening is deliberate criminal subversion. Our leaders have betrayed their oath of office, committing treason against their country, and need to be indicted, tried in a court of law and punished to the full extent of the law. God will execute justice upon them all (Ecclesiastes 5:8; 12:14).

Reckless debt-spending has caused the massive devaluation of our U.S. dollar. It's simple supply and demand, that is, the more money they print, the less existing money is worth. There will be no economic recovery. Wake up America! We are living in a nation of liars, thieves and criminals! Wall Street controls The White House. Wall Street is of the Devil.

I get disgusted when I hear politicians giving motivational speeches to young people, telling them that they can achieve the American dream if they work hard and get an education. What a fraud! The American dream has been stolen from us by the criminals in Congress who sold us out to the greedy corporations, sinister Wall Street bankers and the cult of Freemasonry. Hell will be hot enough! America has been bankrupt for decades, but they keep printing money! As a rule, you cannot trust or believe any information that comes off Wall Street or from The White House. With mankind, power corrupts and absolute power corrupts absolutely. This is why our founding fathers warned against allowing big government, which always turns into a big black hole devouring everything in its path. We have one of the most oppressive legal systems in the world, which is being used to turn America into a hellhole! Scary Proof That Something Is About To Happen In The U.S. (Agenda 21, martial law, war).

My friend, America's economy is in the sewer, intentionally. I heard on the news on July 10, 2012 that Baltimore is now selling advertisements on the side of fire-trucks to pay the city's bills. In Scranton times are so bad that fire-fighters and cops have had their salaries reducing to minimum wage, which is presently $7.25 per hour. In the video about Scranton, the news reported says that people are blaming the high cost of insurance and increasing property taxes. Those are symptoms of the disease and not the cause of our nation's economic sickness. The root cause is the criminal banking cartel. By forcing Americans into poverty, we are being forced to accept World Government. It's called “Agenda 21” or “Sustainable Development.” In the future, ordinary Americans will lose their independence, privacy and rights.

The photo to the right is not a joke. The Indiana cities of Indianapolis and Brazil are so broke that they're placing KFC ads on their fire-hydrants. Unbelievable! The following USA TODAY article says that sewer-grates, landfills, benches and trash cans are next...

KFC markets 'fiery' wings on fire hydrants
January 6, 2010

LOUISVILLE (AP) — Fast-food chain KFC is giving two Indiana cities $7,500 so it can emblazon founder Colonel Sanders' face on their hydrants and fire extinguishers to promote new "fiery" chicken wings. Experts say to expect more ads like this, on public property from sewer grates to the local landfill, as companies look to cut through the clutter of traditional advertising. Cash-strapped governments have long sold space on mass transit, benches, trash cans and other public property to help stretch budgets.

KFC told Indianapolis and nearby Brazil, Ind., that it wanted to improve their fire safety by helping pay for new hydrants and extinguishers in exchange for advertising on them. The company plans to e-mail a national network of mayors on Wednesday to find three more cities to participate in the approximately $15,000, month-long effort, which began Tuesday.

SOURCE: KFC markets 'fiery' wings on fire hydrants - USATODAY.com

This is what America has come to! There's a popular article that appeared in the 1980's titled, AMERICA: WHAT WENT WRONG?, by James B. Steele and Donald L. Barlett. It's an eye-opening article, evidencing where all this economic mess started. The working middle-class has been under attack for the past century in our nation. Today, the middleclass is almost gone. In 2012 the wealthiest 400 people in America own more wealth than the bottom 150,000,000. That's a wider gap than any other nation on earth. Wall Street has sold out Main Street.

My friend, the reason why prices are rising on food, housing and insurance (inflation) is because of the devaluation of the U.S. dollar. That is, if a dollar drops in value, then it requires more dollars to purchase the same items. Our dollar is dropping in value (and has been for decades) because of the deliberate and reckless lending practices of the federal reserve bankers. They've lent out $950,000,000,000 in college student loans. They've lent out $16,000,000,000,000 (16 trillion) to the U.S. federal government. They've lent out trillions more to the government to pay for the numerous foreign wars the U.S. has initiated.

The following is a superb explanation of how the banksters steal from Americans. This article will explain to you how the banks steal your retirement's spending power. Where does that purchasing power go? When the banks prints NEW money, it supersedes the value of all previous money already out in circulation. THIS IS HOW THEY STEAL YOUR SAVINGS...

The Federal Reserve Plan: Steal the Value of Your Money and Give It to Banks
December 24, 2008 by: Arian Forrest Nevin, J.D.

The Federal Reserve has announced it is lowering the federal funds interest rate to between 0.00% and 0.25%. This means it will now be even easier for banks to create new money. When banks borrow money from the Federal Reserve, the Fed is not lending them money it has saved. The Fed is creating entirely new money that did not exist before. The banks then loan this money to individuals and businesses at an interest rate higher than the federal funds rate.

The 700 billion dollar bailout was only the beginning. The Fed has already greatly surpassed this amount. The Fed has created over two trillion dollars and used this to buy stocks, bonds, and debt. Who authorized the Fed to do this? No one! The Fed did it because it could. The reason the Fed could, is because the government illegally refuses to take on its constitutional responsibilities. The Constitution requires that the government create money, and most people think the government does create money. However, it is banks that create money, not the government.

The banks in America are collapsing, and the US government has spent over $700 billion to save them. The ostensible reason is they have lost so much money because of loan defaults, and they need money to keep the economy going by making more loans to each other, to businesses, and to consumers. But this is a lie that twists the reality of the financial system. Banks do not really provide the valuable service to society most people think they do.

Many people believe the government creates money. It does not. In reality, banks create money through the loans they create. Banks loan out their depositors' money, right? Nope. Banks never loan their depositors' money. When a bank makes a loan it is actually creating entirely new money that did not exist before. It does this simply by typing the amount into their computer. So if you get a loan for $10,000 the bank simply types that amount into its computer in your account and creates a corresponding debt for you. This works, because over 99% of all money exists only as computer entries. Less than 1% of all money is actual physical bills and coins. Banks literally create this new money out of nothing. And the people who take the loans will have to repay the money the bank created.

Through this scam banks steal from everyone else in three ways:

1) Banks charge interest on the debt for the money they, private corporations, created out of nothing and did not even possess until it was lent to the borrowers.

2) Banks charge fees for making loans, often several thousand dollars. Banks also charge sellers a fee between 1-10% of the total amount of any sale paid for with a credit card. Of course, this cost is passed on to the consumer through higher product prices.

3) Banks devalue all existing money when they create new money. They reduce its purchasing power. Devaluing everyone else's money is a form of theft, because the new money banks created obtains the purchasing power that the other money has lost. The banks are stealing the purchasing power of everyone's money and transferring it to the new money they created. Banks have been running this same scam and stealing the value of everybody's money since medieval times. The only thing that has changed is the scale of the scam.

The total mortgage debt alone in the U.S.A. is over 10 trillion dollars. If the average interest rate is 7% then over 700 billion dollars is paid to banks in interest each year for something they created out of nothing. And this is just the mortgage debt. The total debt owed to banks is much higher. The banks are not lending not because they cannot, but because it is not profitable for them to do so. Banks will only loan money if they believe they are statistically likely to profit as a result of making the loan. If too many people do not repay their loans the bank loses money. The bank profits and makes up for the loss from defaults by charging interest.

People are already so in debt relative to their incomes that it is simply not profitable for banks to loan further. Basically, everyone who is qualified to borrow money and wants to borrow money already has done so. The remaining people who want to borrow money are not qualified to do so.

For years banks were lending to unqualified people but then passing along the garbage loan by selling it to the next sucker. That was the Subprime Swindle. The banks keep getting bailed out, but it is not going to matter. The banks are not lending because it is not profitable for them to lend, and that is not going to change no matter how much they are bailed out.

Of course, the Fed's plan to “fix the economy” by stealing the value of your money and giving it to banks is not going to work. The root of the problem is a lack of production in America, and the unsound monetary system, of which the Fed is an integral part. Without more production in America and an honest and sound monetary system, the economic crisis will never end.

What America needs is more and better paying jobs. It does not need to be "stimulated" in the form of creating more money and more debt. An economy is based on production, and the only way we are going to have more and better paying jobs is if we start producing more. Right now we are prevented from creating what we are capable of making, because the government is not maintaining an even trade balance.

We import more than we export. America is flooded with "cheap" foreign goods. We do not produce what we are capable of making, and because we do not produce, we lose the production jobs that are the base of an economy and we go into debt to buy from other nations that which we once produced for ourselves. Of course the banks benefit from people going more and more into debt, but the American people suffer because of it. The only way to fix the economy is for us to have a sound economy and a sound monetary system. We need to stop importing and instead, start producing, and we need a sound monetary system where the government creates money for the common good, instead of banks creating money for private profit.

Paul Romer once said “A crisis is a terrible thing to waste.” Instead of providing the banks with billions and trillions to "save" them, the money should be used to completely restructure the financial system. We need to prevent the banks from creating money out of nothing. We can and must create a system that keeps the value of money constant so that it does not change over time through inflation or deflation. We can and must create a system to maintain a stable balance of trade with other nations. Through these systems we can create a stable monetary system and a stable economic system. Most importantly, the people will no longer be the victims of private corporations who steal their money. It is time we stopped letting banks steal from us.

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About the author...

Arian Forrest Nevin, J.D. is the author of National Economy: The Way to Abundance. National Economy presents an immediate solution the worldwide economic crisis. National Economy is the study of how a nation, rather than an individual, can be made wealthy. It explains how all manufacturing that has moved to other countries and all jobs that have been outsourced can be returned to America, how real wages can be dramatically increased, and how, at the same time, the people can have more leisure.

SOURCE: http://www.nationaleconomy.net

Add to that the crooked housing market, personal loans, home-equity loans, credit card debt, you name it! All that money is borrowed from the federal reserved (WHICH IS PRIVATELY OWNED). So they print all that money and it drives (forces) the value of the dollar down. It's basic supply and demand, that is, the more of something that exists the less it is worth. The bankers have to continue printing more money in the form of loans or else our nation would freeze immediately and they'd get caught at their evil game.

At present, America's dire financial condition is being masked over by reckless debt-spending. It's a house of cards ready to implode! The Obama Administration this week encourage more Americans to apply for food-stamp assistance. As of June 2012, only 1-out-of-4 Americans who qualify for food-stamps actually use them. Who pays for that? You got it, government debt spending! Debt-spending is spending while you're already in debt (and we're in trillions-of-dollars of massive debt as a nation).

The Secrets of the Federal Reserve
...A Look Behind the Curtain

Unlike the Lord Jesus Christ Who “spake openly to the world” (John 18:20); the banksters are fraudulent coward who deal in deceit and lies, always operating under cover of darkness to hide their crimes. The Federal Reserve is neither federal nor do they have any gold reserve; and moreover, the institution hasn't been audited even once over the past century since it was formed in 1913. The private owners of the Federal Reserve Banking scam are literally ABOVE THE LAW. But God will punished them, because NO ONE can escape God's Laws. Ecclesiastes 5:8, “If thou seest the oppression of the poor, and violent perverting of judgment and justice in a province, marvel not at the matter: for he that is higher than the highest regardeth; and there be higher than they.”

Literally, the banksters print the money from NOTHING and lend it to the public and government AT INTEREST. They are thieves, crooks and liars. This all began in 1913 with the treasonous Federal Reserve Act, which was signed on a lonely Christmas weekend (much like Mr. Obama signed the treasonous NDAA bill over New Year's weekend on December 31, 2011). Then and now, the banksters knew that most of Congress was away for the holidays.

"Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it all back again. However, take it away from them, and all the great fortunes like mine disappear, and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits" Sir Josiah Stamp (President of the Bank of England in the 1920s, the second richest man in Britain).

Even though there's a ton of money out there in THE FORM OF LOANS forcing the dollar down, the actual printing of the money is a separate matter entirely. Since the banks don't print enough money to cover the interest owed, there's always a deficit (a shortage). Someone loses! It's like the game musical chairs; when the music stops there's one chair less than people dancing, so someone won't have a chair to sit down. You lose! So they get us from multiple directions!

Here is an excellent illustration how the rigged banking system works in the United States.

How Derivatives Led to Economic Collapse Made Simple and Fun

December 27, 2011 | by Lenore

A Primer: Understanding Derivatives
Heidi is the proprietor of a bar in Detroit ..

She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar.

To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay later.

Heidi keeps track of the drinks consumed on a ledger (thereby granting the customers loans).

Word gets around about Heidi’s “drink now, pay later” marketing strategy and, as a result, increasing numbers of customers flood into Heidi’s bar.

Soon she has the largest sales volume for any bar in Detroit .

By providing her customers freedom from immediate payment demands, Heidi gets no resistance when, at regular intervals, she substantially increases her prices for wine and beer, the most consumed beverages.

Consequently, Heidi’s gross sales volume increases massively.

A young and dynamic vice-president at the local bank recognizes that these customer debts constitute valuable future assets and increases Heidi’s borrowing limit. He sees no reason for any undue concern because he has the debts of the unemployed alcoholics as collateral!

At the bank’s corporate headquarters, expert traders figure a way to make huge commissions, and transform these customer loans into DRINKBONDS.

These “securities” then are bundled and traded on international securities markets.

Naive investors don’t really understand that the securities being sold to them as “AAA Secured Bonds” really are debts of unemployed alcoholics. Nevertheless, the bond prices continuously climb – and the securities soon become the hottest-selling items for some of the nation’s leading brokerage houses.

One day, even though the bond prices still are climbing, a risk manager at the original local bank decides that the time has come to demand payment on the debts incurred by the drinkers at Heidi’s bar. He so informs Heidi.

Heidi then demands payment from her alcoholic patrons. But, being unemployed alcoholics — they cannot pay back their drinking debts.

Since Heidi cannot fulfill her loan obligations she is forced into bankruptcy.

The bar closes and Heidi’s 11 employees lose their jobs. Overnight, DRINKBOND prices drop by 90%.

The collapsed bond asset value destroys the bank’s liquidity and prevents it from issuing new loans,; thus freezing credit and economic activity in the community.

The suppliers of Heidi’s bar had granted her generous payment extensions and had invested their firms’ pension funds in the BOND securities.

They find they are now faced with having to write off her bad debt and with losing over 90% of the presumed value of the bonds.

Her wine supplier also claims bankruptcy, closing the doors on a family business that had endured for three generations, her beer supplier is taken over by a competitor, who immediately closes the local plant and lays off 150 workers.

Fortunately though, the bank, the brokerage houses and their respective executives are saved and bailed out by a multibillion dollar no-strings attached cash infusion from the government.

The funds required for this bailout are obtained by new taxes levied on employed, middle-class, nondrinkers who have never been in Heidi’s bar.

SOURCE: How Derivatives Led to Economic Collapse Made Simple and Fun

That is so true! That's exactly what happened to the U.S. banks in 2008. The criminals on Wall Street at Goldman Sachs, Citigroup, Bank Of America and all the other crooks lent out money galore to home lending institutions. They fully knew that with the dollar devaluing, tens-of-millions of manufacturing jobs leaving America, illegal immigrants flooding in by the millions, and inflation increasing that home owners didn't stand a chance of paying their monthly mortgages. The bank really owns the homes. Home owner? What a misnomer.

Don't forget that it was Karl Marx, considered by most people to be the father of modern-day Communism, said he could summarize Communism with one sentence, that is, “ABOLITION OF PRIVATE PROPERTY.” It took me years to figure out what Marx meant, but I eventually learned that land ownership grants rights to the land owners. So if you don't own any property, than you have no property rights. If the government buys up the housing market and owns everything through bank foreclosures and short sales, then in effect they've taken over a society. If the government owns all the land through the banks, then no one has any right to say anything. Whoever owns the land and property has all the power to determine what goes on, what rules are enforced and who can stay or leave. Think about it.

A short sale is when it's actually cheaper to abandon your home and buy a new one, than to continue to pay the mortgages. For example: Let's say you buy a home in Florida for $275,000 and are paying a $1,000 per month mortgage payment. Then over 5-years the value of your home drops to $100,000. Sadly, this is what has happened to Florida over the past 5-years. You could literally abandon your home to the bank, and go buy another home of equal size and condition down the street for $100,000. Your mortgage payment will now be $500 per month for the same 30-year time frame to pay it down. Now you know why 80% of all the homes for sales across America are short sales. I've read a lot of bad things about short sales. I wouldn't touch one with a 10-foot pole because of the dishonestly of the banks. You want fee simple.

The Monster Of The Federal Reserve System

The economic collapse of America is imminent, because of the Rothschild and associated banking families who own and control the Federal Reserve Banks. As mentioned, they are PRIVATELY OWNED and have no gold on reserve anymore. The treasonous Federal Reserve Act of 1913 (also known as the FRACTIONAL

RESERVE BANKING SYSTEM) allowed the politicians in Washington to spend 10-times the former amount of money. Since politicians have historically always been in bed (bought and paid for) by the bankers, in effect the new law meant that the bankers could lend 10-times more money with only a fraction (10%) of gold in reserve to back up the gold.

The movie “IT'S A WONDERFUL LIFE” starring James Stewart is a good example of the dangers of what can happen in a fractional reserve banking system, if everyone goes to withdraw money from the bank at the same time. THE MONEY IS NOT THERE! Jimmy Stewart says something like “Bill, your money is in Fred's house” and Bill “Your money went to build the new school in town.” But what most people don't realize is that all that money lent out is in the form of debt-lending. It's all OWED TO THE BANKERS. So with only 10% of the gold on hand to back up the money, they've actually created 90% more fake (fiat) paper money out of nothing to back it up. Think hard about that for a moment and it'll make your blood boil. Those criminal bankers through their monstrous scheme have lent out a bunch of paper that has nothing to back it up.

Remember that the original purpose of paper money was to ease the burden of carrying around bags of gold and silver (which are very heavy). Paper money was only created to make it much more convenient to do business. Every U.S. dollar was worth a certain amount of grains of gold or silver. When the Panama Canal was built from 1904-1914, the workers were paid in gold or silver. The skilled laborers and engineers (mostly white workers from the U.S.) were paid in gold; but the poorer unskilled Haitian workers were paid in silver. That's very interesting that they were paid in precious metals. This was before the Federal Reserve Act was railroaded through Congress on a lonely Christmas weekend while most members of Congress were absent. President Woodrow Wilson sold his country into financial doom, but was spoiled by the bankers with abundant sexual pleasures and an extravagant life until his death a decade later in 1924. Woodrow Wilson makes Benedict Arnold look like a true American patriot. Hell will be hot enough.

Every bit of money is created upon debt. That fiat money (funny money) has absolutely no gold behind it. Fiat money is created on a computer. It's just numbers. For example: Let's say that you open a tab at your hardware store for customers. Let's say after a few months they now owe you $10,000. You don't have the money yet, but the merchandise in your store is gone. They owe you. The Federal Reserve System is the agency of a hidden tax called inflation. America is headed for serfdom, with only the very rich and the very poor. Ninety-nine percent of Americans will be slaves to the bankers and politicians.

To learn about how the wicked Federal Reserve System began, please read THE CREATURE FROM JEKYLL ISLAND by Dr. Edward G. Griffin.

Watch Video

Jekyll Clip (download MP3)

The Federal Reserve is really a banking cartel. They entered into a partnership with the U.S. government in 1913, which allows them to use the law to enforce their scheme. The cartel operates with a monopoly under the protection of the government. The cartel doesn't want to kill the goose that lays the golden egg. Meaning, they don't want to see the economy fail. But when it comes down to them or you, they'll always do what's in their best interests.

Congress is a partner with the banking cartel, so anytime the banks get into financial trouble, Congress forces U.S. taxpayers to bail them out. They make it seem like a humanitarian thing, but it's really just the transfer of our tax dollars into their pockets. The purpose of the Federal Reserve is to promote the best interests of the banking cartel, not Americans. The banks (privately owned) have the sole power to create all of our money. That's wrong! The U.S. Constitution grants the power to coin currency and print money only to Congress. END

Bankers Depression Of The 1930's

Australians all know about the Great Depression and the extremely hard times it brought about; but what of its causes?

In 1930, Australia did not lack industrial capacity, fertile farmland, or skilled, industrious and willing workers, residing in both the city and country. Already, extensive systems of reasonably efficient transport and communications were in place. War had not ravaged the cities or countryside, nor had famine devastated the land and its population. The one thing that industry and commerce lacked was a sufficient supply of money.

In the early 1930s, Bankers, who were the only source of new money or credit, deliberately refused loans to industry, commerce and agriculture. However, payment on outstanding loans was demanded, which led to a rapid decrease in the circulation of real money.

This caused a complete standstill; jobs could not be done, goods and services could not be purchased. This ploy by the greedy Bankers placed Australia in the Great Depression of the 1930s, and moreover, placed extensive amounts of businesses, private dwellings and farms in the hands of these same Bankers.

The people, not understanding the system, were in a helpless position, and were cruelly robbed of their hard-earned savings and property; they were told things like "times are hard", "money is short", "everyone is suffering." These same statements come to mind when recalling them being made during Australia's recent so-called "recession".

This was "a 'recession' we had to have," the politicians proclaimed; and one I'm sure the banks loved to have. If you should have the opportunity, a check on how the banks faired during the so-called "recession" will reveal sustained and increased profits, with an abnormal increase in acquired property assets!

SOURCE: The Evils Of Usury

Ecclesiastes 5:8, “If thou seest the oppression of the poor, and violent perverting of judgment and justice in a province, marvel not at the matter: for he that is higher than the highest regardeth; and there be higher than they.” —King James Bible

It's Just Foreign Policy

“the constitution was made for a moral people” —John Adams

Ezekiel 23:48, “Thus will I cause lewdness to cease out of the land,
that all women may be taught not to do after your
[Jerusalem's] lewdness.”

Hebrews 9:27, “And as it is appointed unto men once to die, but after this the judgment.”

The Sin Of NakednessNoah's Nakedness

God Loves People! | Walt Disney is EVIL! | Walt Disney Is Of The Devil

Christian Group Blasts 'Orgy of Depravity' at Disney's Gay Days

Adultery is a Sin | Divorce is a Sin | Prostitution is a Sin | Homosexuality is a Sin

Sodom and Gomorrah | America is Immoral

Proverbs 19:3, “The foolishness of man perverteth his way: and his heart fretteth against the LORD.”

Commander William Guy Carr (1895-1959), in PAWNS IN THE GAME, states on page 178...

People who wish to remain FREE can follow only one plan of action. They must support Christianity against ALL forms of atheism and secularism. (SOURCE: PAWNS IN THE GAME, page 127, by William Guy Carr, 1958).

The Creature From Jekyll Island (article)

Watch original 'The Creature From Jekyll Island' 42-minute Video
(Awesome! By Dr. G. Edward Griffin; the creation of the Federal Reserve)

The Grand Deception (2nd Edition)
(A Second Look at the War on Terrorism - by Dr. G. Edward Griffin)

Here's a backup of 'THE GRAND DECEPTION'

Jekyll Clip (audio, download MP3)

The Creature From Jekyll Island (Real Media format)

The Creature from Jekyll Island: A Lecture on the Federal Reserve (download: Real Audio | MP3)
Professor G. Edward Griffin exposes the most blatant scam of all history. It’s all here—the cause of wars, boom-bust cycles,
inflation, depression, prosperity, et cetera. It's just exactly what every American needs to know about the power of the central bank!

Wall Street Injustice!

Wall Street is a rat-infested, worm-hole of maggots, thieves, and criminals. Wall Street is synonymous with INJUSTICE! Washington D.C. hires their so-called public servants right from the slime-pits of Wall Street, criminals every one! Listen to what Alex Jones has to say about them from Infowars on 12-18-11.

This whole society is rotten and godless. The wrath of God is upon America. Mark my
word: if God’s Word be true, this nation is headed for the dust.
Pastor Tom Malone (1971)

Congressman: Dollar Could Collapse To Absolute Zero

Presidential candidate Ron Paul warns of coming global economic depression!

Ron Paul Archives | More Archives by Dr. Paul

“Evil triumphs when good men do nothing!” ―Thomas Jefferson