911:Debt

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Contents

Intro

Creation



Enforcement

  • ...

Profiteering

Who are the best known money lenders? ([1])

  1. Bank for International Settlements (BIS) Within this group we have the G10 and the G7. (For information on these groups, please read our book 'Final Notice', pages 242-244. N.B. G7 is the main power group. They meet in the main in Basle, Switzerland.)
  2. World Bank
  3. International Monetary Fund (IMF) Basically, what the IMF demands is what it has always demanded through the years from countries it lends money to: cut pensions, cut the public sector, cut benefits ... and then privatize, open markets, and open financial systems, so international operating conglomerates can move in and divvy up the spoils – “create a more ‘business friendly’ environment to boost growth” -. The IMF is the poster child for disaster capitalism, no matter how you twist and turn it [2]


Indirect profiteering of economic crisis and poverty

  1. JP Morgan Rakes in Profits from US Food Stamp Program

Root causes

  • Tyranny and indoctrination
  • Land ownership control
  • Production control
  • Income control

National debt

See also:

Economic Crisis

Links


Quotes

Thomas Jefferson on Money & Banking (http://etext.virginia.edu/jefferson/quotations/) Section 36

Thomas Jefferson to Thomas Cooper, 1814. ME 14:61

Everything predicted by the enemies of banks, in the beginning, is now coming to pass. We are to be ruined now by the deluge of bank paper. It is cruel that such revolutions in private fortunes should be at the mercy of avaricious adventurers, who, instead of employing their capital, if any they have, in manufactures, commerce, and other useful pursuits, make it an instrument to burden all the interchanges of property with their swindling profits, profits which are the price of no useful industry of theirs.

Thomas Jefferson to John W. Eppes, 1813. ME 13:423

If the debt which the banking companies owe be a blessing to anybody, it is to themselves alone, who are realizing a solid interest of eight or ten per cent on it. As to the public, these companies have banished all our gold and silver medium, which, before their institution, we had without interest, which never could have perished in our hands, and would have been our salvation now in the hour of war; instead of which they have given us two hundred million of froth and bubble, on which we are to pay them heavy interest, until it shall vanish into air... We are warranted, then, in affirming that this parody on the principle of 'a public debt being a public blessing,' and its mutation into the blessing of private instead of public debts, is as ridiculous as the original principle itself. In both cases, the truth is, that capital may be produced by industry, and accumulated by economy; but jugglers only will propose to create it by legerdemain tricks with paper.


Thomas Jefferson on The Military & the Militia: (http://etext.virginia.edu/jefferson/quotations/) Section 47

Thomas Jefferson to David Humphreys, 1789. ME 7:323

There are instruments so dangerous to the rights of the nation and which place them so totally at the mercy of their governors that those governors, whether legislative or executive, should be restrained from keeping such instruments on foot but in well-defined cases. Such an instrument is a standing army.

Thomas Jefferson: 6th Annual Message, 1806. ME 3:424

Were armies to be raised whenever a speck of war is visible in our horizon, we never should have been without them. Our resources would have been exhausted on dangers which have never happened instead of being reserved for what is really to take place.
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