Aug 032015
The Quadrillion Dollar Derivative Debt and the “Bail-in”: When you Deposit Funds in a Bank, it Becomes “Their Money” By Bill Holter Global Research, August 03, 2015 Url of this article: The world is awash with “promises”. Nearly everything we think of as having “value” is because of a promise behind it. A few examples; your bank accounts, retirement funds, bonds and even the dollar bills in your pocket. Your bank account for example, once you deposit the money it is no longer yours. You can argue this if you wish but we now know this is true for sure after recent “bail in” legislations passed throughout the west. When you deposit funds into a bank, it then becomes “their money” held for you …they “owe” it to you. Do not take this lightly, lawmakers around the world have made this the new reality. A little known fact, in 1845 Britain passed banking law that made depositors (unsecured creditors), this is still precedent to this day. When you deposit money you “accept a liability” from your bank and are classified as an unsecured creditor. In other words, “get in line with everyone else”! Same thing with many retirement accounts. Think about Social Security. When you get your annual statement form, it comes with an asterisk. This is to inform you they “might need to reduce benefits”. With any retirement account you are relying on the custodian to make payments to you upon retirement. Think about state and municipal retirement accounts promising the good life, they are nearly ALL underfunded. Meaning there is not enough money in there to make (promised) future payments unless some sort of magically higher returns are realized. These are underfunded by the TRILLIONS of dollars! Bonds are an obvious asset class where a “promise” is relied on. Dollars on the other hand seem the most misunderstood by the public while being the biggest leap of faith in all asset classes. Dollars rely on the “full faith and credit” of the U.S. government (a bankrupt entity) yet the populace sleeps through the night secure knowing they own dollars. ALL non backed, fiat currencies in the past have failed. The dollar is the widest spread and widely owned fiat the world has ever known, its failure will be spectacular upon arrival! I wanted to point out the above “promises” as a basis to speak about trust or (more…)
May 312011
Robin’s Alive: The Deadly Game Between The House of Rothschild and Freedom-Loving America by William Dean A. Garner | Friday, April 9, 2010 “So you see, my dear Coningsby, the world is governed by very different personages from what is imagined by those who are not behind the scenes.” —Benjamin Disraeli, in his 1844 novel Coningsby Thomas Jefferson founded the United States of America and first conceived then drafted our Declaration of Independence, a clean and forever break from a usurious and vindictive Meyer Amschel Rothschild and the England of servants he controlled. While we appear to have won the American Revolution, the banking House of Rothschild crossed the finish line a furlong ahead of the US and established through their US agent, Alexander Hamilton, the first central bank in our country, the First Bank of the United States, a private bank wholly owned and controlled by Rothschild.[1] That simple treasonous act alone immediately plunged the US into abyssal debt, not to mention firmly established the House of Rothschild’s reign of terror over America and her people. This Game of Robin’s Alive Prudent men must be on their guard in this game of Robin’s Alive[2] and take care that the spark does not extinguish in their hands. I am an enemy to all banks discounting bills or notes for anything but coin. But our whole country is so fascinated by this Jack o’ lantern wealth, that they will not stop short of its total and fatal explosion.5] The Revenge of the House of Rothschild Nathan Meyer Rothschild When the First Bank’s charter was not renewed by the US in 1811, Nathan Meyer Rothschild reportedly ordered that the Americans be severely punished. Hence, the War of 1812 during which the Rothschild-controlled British army, on August 24, 1814, destroyed both the White House and Capitol, among other government buildings. Two years later, President James Madison capitulated, and the Second Bank of the United States was established, thus frustrating the US’s continual attempts to dislodge the House of Rothschild from American soil. During the early 1800s, the Rothschild banking family’s five sons established large banks in five different countries:[6] Solomon Meyer in Austria, Nathan Meyer in England, James Meyer in France, Amschel Meyer in Germany, and Carl Meyer in Italy.[7] In short time, they expanded their banking empire by making large loans to governments, installing central banks in different countries, setting up income (more…)