Nine Myths And Misconceptions About Money That Can Literally Kill You

1) If we paid off our debts, our problems would be solved. Wrong. Wrong. Wrong. The banks wrote the Federal Reserve Act in secret. They said you would not be allowed to have money unless you first went into debt. In fact when you pay off a loan, the bank cancels money supply. So if we all paid off our debts including the government debt, we would have no money and the economy would collapse. We would all be reduced to barter.

2) The bankers who wrote The Federal Reserve Act in 1913 knowingly engineered a Fatal Debt Bomb into the legislation. This is true. When you go to a bank to get a loan, the banker created ten thousand dollars in new money by entering that amount onto a checking account. Notice that if you signed a note for simple interest at 10%, you will owe the banker $11,000 in one year’s time. He only created $10,000 so how do you pay him back the principal plus interest? Good question. What he does is to create more money through more loans so there is enough money to pay the note plus interest.

This means that the total amount of debts in the society are growing at a compound rate. Bankers have known since the Babylonians that unchecked exponential growth of unplayable debts will destroy any nation with a Debt Bomb. This is what is happening to America and the world today. Michael Hudson wrote about the Babylonian solution. They developed a formula that told them how long this rising tide of Unpayable Debt could grow before they had to cancel all the debts and start over again.

Let me repeat that the bankers have known this for over 4,000 years. But they have made sure that you know nothing of it because they want to foreclose on you and your nation so they can buy everything for pennies on the dollar in bankruptcy proceedings.

The Russian demographer Borisov tells us that the bankers starved millions of Americans to death in the 1930s rather than allow people to learn of the Babylonian solution. The Bible writers copied this concept when they wrote of the Jubilee cancellation of debt.

3) The Federal Reserve Act was written to transfer wealth from us to the bankers through the creation of a Debt Based money system. This is true. President Lincoln had created Greenbacks without borrowing money from the banks so there was no national debt and no interest on the debt. Lincoln simply printed the money and spent it into circulation.

There is absolutely no reason to have a national debt except to collect interest on a fictional debt. Why give the power to create money to the banks when government alone according to the Constitution is supposed to coin money? I will tell you why. The banks want to bring back slavery. They want you to become an indentured servant who inherits a national debt that is unpayable. They want to reduce you to slavery.

Any politician or pundit who does not understand this is either stupid or lying.

I should point out that President Kennedy issued Executive Order 11110 which directed the Mint to issue US Banknotes to replace Federal Reserve Notes. These JFK Banknotes were to be debt free as were Lincoln’s Greenbacks. They were withdrawn from circulation after his assassination. JFK was murdered on the 53rd anniversary of the secret meeting of the bankers on November 22nd, 1910 in a private rail-car that took them to Jekyll’s Island. Bankers like to do things on the anniversary of an important date to make sure you understand that monetary reform carries a death penalty.

4) All we have to do to solve our economic woes is to balance the budget. Wrong. Wrong. Wrong. All those knuckleheads need to listen and learn. The Gross National Product is the total sales of a country. Economists write it as a formula Where GNP = C + I + G or GNP equals Consumption plus Investment plus Government spending. The total GNP is currently 14 trillion dollars. Suppose we balance the budget by cutting spending two trillion dollars. That would mean we subtract two trillion from G and our new GNP is reduced to 12 trillion dollars which means that one seventh of the American economy would disappear overnight. That would send us instantly into a worse economic blight than the first Great Depression. Currently the states owe the federal government almost 100 billion dollars for extended unemployment benefits.

A man was recently explaining to his young daughter that we have no bread lines like they did in the 1930s because we have almost 49 million people on Food Stamps. Suppose we cut off unemployment extended benefits and Food stamps to make a down payment on that two trillion dollar budget cut. America would have nationwide food riots. 90% of all black children are on Food Stamps. I do not know the figures for Hispanics. But there would be no grocery stores in major cities that would not escape the riots.

If you hear someone talking of cuts, tell them to eliminate Unpayable Debts and interest on the national debt by bringing back non-interest bearing debt free Greenbacks. They can also cut out the five foreign wars and remove our troops from at least 100 foreign nations. Then they can seize the assets of the bankers that stole over 27 trillion dollars from us during the Banker Bailouts.

5) Fiat currencies always fail. What we need is a gold standard. Wrong. Wrong. Wrong. Presidents Lincoln and Kennedy had fiat currencies that were successful. And only ended with their assassination. The Isle of Jersey and the American colonies both had fiat currencies that were successful.

The Italians had a fractional reserve gold currency that failed in 1348. The bankers loaned out more money than they had on deposit. This is called fractional reserve banking. Usually a bank will loan out nine times what it has on deposit. The Italian banks in Venice were unable to meet demands for gold from their depositors.

Currently, the risk manager at JP Morgan has two thousand dollars in risk for every dollar in deposits. I think even this might be an underestimate.

6) America could go onto the gold standard because we have all that gold at Fort Knox. Wrong. Wrong. Wrong. America has gold plated tungsten bars at Fort Knox. And the banks leased our gold and sold it four or five times to keep themselves from going bankrupt.

The gold was stolen by the Rothschilds and their friends. If we went back to the gold standard, we would be entering slavery to the Rothschild network because they would have all the gold stolen from us. The Rothschilds financed the Jewish trade in African slaves. Ask a black man how well that Rothschild slavery worked out for him.

I personally own silver because I expect this fractional reserve debt based monetary scheme to collapse very soon. I would use a gold exchange standard to get things going. But I could manage a monetary system with Greenbacks if Zionists and morons on welfare were not allowed to vote.

7) All we need to do to balance our trade deficit is to cut wages by devaluing the dollar so we can become more competitive. Wrong. Wrong. Wrong. Steve Keen is an Australian economist who says we need to increase wages so debts become payable. Unpayable debts lead directly to slavery. The US dollar eleven years ago was worth $1.20 when measured against a basket of six currencies. Today the US dollar is worth almost 81 cents. This has not created one job in the past decade. What it has done was raise the price of oil so everything costs more to produce.

In China factory workers are lucky to make a dollar an hour. They work 72 hours a week. They get no overtime and have no benefits. The Chinese workers do not make enough money to ride those Mag Lev fast rail trains you have read about. Suppose we cut American wages in half? Would that create jobs? No. We have been cutting wages since 1970 and we have fewer jobs today than then. It never worked in the past. No reason to believe it will work now.

To make the debts easier to pay we need to raise wages. To do that we have to stop issuing a million Green card work permits every year for legal immigrants. And we need to send back a few million illegal immigrants to open jobs for millions of unemployed Americans. But to create jobs we need new industries. We need to protect those industries with a 25% tariff. We need to create new jobs in computers, materials science, bio-engineering, aviation and energy by releasing the Top Secret research that is held in government labs. We could collect royalties from American industries employing American citizens. We could lease these patents to foreign competitors but we need a tariff to protect American jobs.

8) We made America prosperous by repealing the Glass Steagall Act and by allowing Credit Default Swaps to remain unregulated. Wrong. Wrong. Wrong. The bankers passed NAFTA and the WTO in 1994 so they could send 11 million jobs and 56,000 manufacturing plants overseas. They created the illusion of prosperity under Clinton by pumping up real estate and the stock market. The stock market was deliberately crashed in 2000 so the Zionists could elect George W Bush President because they wanted lots of wars for Israel. When the stock market failed, the Zionists created the subprime lending bubble on top of the already existing housing bubble. They loaned money to people who had no means of paying the loans. That did not matter. Some mortgages were sold as many as five times in Mortgage Backed Securities. When these loans failed, the banks collected on their Credit Default Swap insurance. There were no reserves set aside to pay losses. That did not matter. The bankers had the taxpayers pay out 27 trillion dollars in Bailouts to cover their frauds and keep the banking criminals out of jail. When the Europeans threatened a run on the American banks if they were not compensate for the trash Wall Street sold them, Ben Bernanke created 12.3 trillion dollars in new money and use it to but 6.3 trillion dollars in fraudulent bonds.

Glass Steagall was passed in 1933 and forbade investment banks from becoming commercial banks so the depositors are not exposed to speculative risks. With the repeal of Glass Steagall Jamie Dimon at JP Morgan was allowed to sell 80 trillion dollars in Credit Default Swaps betting that interest rates will not go up. If interest rates do go up, there will be worldwide Depression. Jamie Dimon isn’t worried about it because he probably knows when the Zionists will start World War III.

This is not a free market. It is criminality on a grand scale.

9) We have a moral obligation to pay our national debt. Wrong. Wrong. Wrong.

Jim Willie pointed out to Max Keiser that in the 1990s under beloved leaders Bill Clinton and George H W Bush the Treasury sold 2.2 trillion dollars more in Treasury bonds than were required to fund the deficit. That money was pocketed by the banks who now expect you to pay them back for the money they stole plus the interest. Catherine Austin Fitts has been telling us for years that the government allows the banks to steal billions of dollars every week from government spending which we are not allowed to audit.

We owe the banks nothing. We need to take back what they have stolen.

I also need to make this point about money creation. When a bank makes a loan, they are creating money by adding credits to a bank account. They are not lending you Mrs. Jones life savings. What they are doing is creating money. Money is a claim against our right to purchase goods and services. If we increase the money supply, then we are all in a sense bearing a burden by the diminished purchasing power of our money. But only bankers are allowed to participate in the benefits of granting a loan. I don’t think so. Cancel the debts and seize all of the banker’s wealth. And that of their co-conspirators. We ought not to suffer because the bankers killed our Presidents.

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About horse237

I have decided to share two of the visions I had as a child. When I was eight, I had a vision of a future war that killed 99.5% of the world's population. When I was 16 and living in the projects, I had a vision of my future. I was to live in complete obscurity until it came time to stop WW III. When I was about ten, I had read a bio of Nikita Khrushchev which said he survived Stalin by playing the bumbling fool an old Russian peasant trick. I decided to do the same as I had already learned that we did not live in a democracy. The other vision I had when I was in third grade was of the Mind of God and how it interacted in the creation of the world we see. I believe you and I were born at this time precisely so we would have an opportunity to stop this war. As for my personal info, I grew up on military bases and in housing projects. My legs atrophied from starvation as a child. My second step-father died in prison. I used to have to rub my skin to simulate human contact. They did not feed me when I was a child. I do not fight in their wars as an adult.
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56 Responses to Nine Myths And Misconceptions About Money That Can Literally Kill You

  1. Pingback: Nine Myths And Misconceptions About Money That Can Literally Kill You - Stormfront

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  3. I won’t go through all of the errors in this post, but I will point out two pretty huge errors that have been debunked. One is Lincoln’s Greenbacks, the other is JFK’s executive order. G. Edward Griffin debunks the JFK myth, and Gary North debunks the Greenback myth. You can read what they said here:
    http://www.freedomforceinternational.org/freedomcontent.cfm?fuseaction=jfkmyth
    http://www.garynorth.com/public/6875.cfm

    In fact, Gary North went even further, he debunked Ellen Brown’s entire book. And, since I imagine that you are a fan of her tripe, here is where you can read Dr. North’s overview of Ellen Brown and the Greenbacker movement. http://www.garynorth.com/public/department141.cfm
    Here he debunks 16 historical errors: http://www.garynorth.com/public/department142.cfm
    And, here he debunks 16 economic errors: http://www.garynorth.com/public/department143.cfm

    All of this stuff is very well-sourced and undertaken by professionals in the field, which are two things that I cannot say for your rant here.

    • horse237 says:

      Gary North believed that Y2K would end modern civilization in 2000. You cite him as a source?

      You can as a first step to finding a real source for information on Executive Order 11110 by going to Wikipedia http://en.wikipedia.org/wiki/Executive_Order_11110

      Wikipedia is heavily edited by Zionists. I posted a video last year of a bunch of Jewish people at a seminar learning how to edit Wikipedia even more Zionist. But even Wikipedia is not completely capable of lying 100% of the time.

      So you deny that the assassins of Lincoln and McKinley were Jewish?

      Do you dispute Mordecai Vanunu’s claim that Israel killed JFK. ?

      Bill Still made the Money Masters. Ellen Brown learned from him.

      You can see the movie by Googling “Money Masters Full Movie”

      • How strange that you would delete my thorough response to you; yet, it really isn’t all that strange at all. Even academics and professionals allow responses to stand for all to see (if they are within context), and rather than delete them they tackle the claims head-on. What is more bizarre is that my response, of which you deleted, was well-reasoned and based in logic, and was stated with due concern and display of my own reputation and birth-name, a claim of which you have not yet grown the confidence to exhibit.

        Trust me, I am no Zionist (a collectivist notion) and could be described as an anti-Zionist due to my belief in individualism. In fact, I do not support any sort of collectivist ideology, though you apparently do.

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  6. Howard T. Lewis III says:

    Horse237, long time no see. This provides a barge load of clarity. College professors are contractually obligated to publish hundreds of pages regularly to maintain tenure at their schools. You sure put a dent in that. Nice one. These guys publish prolifically to put additional layers of B.S. on the deception of false value in the worldwide system. You wrote 1400 pages in one paragraph a few times.. And you didn’t miss a thing.
    Now we need to get real and escort in the return of the national currency

  7. horse237 says:

    I found this in a few seconds. Sounds better than what Gary North said as I remember reading 29 years ago that the Greenbacks were designed by a Union Army Colonel from Illinois. North tried to say that Chase came up with the idea. I should point out that the main thesis of my work is against fractional reserve banking and not just gold vs fiat currencies as both have failed. I pointed out that Gold failed in Italy in 1348 and that the Federal Reserve Note will soon collapse though I prefer Greenbacks as they are not interest bearing debt instruments. That is the problem along with fractional reserve banking.

    I should point out that this blog post already has more websites linking to it then any other I have done though not as many views so far.

    Lincoln, needing money to finance his war effort, went with his secretary of the treasury to New York to apply for the necessary loans. The money changers wishing the Union to fail offered loans at 24% to 36%. Lincoln declined the offer. An old friend of Lincoln’s, Colonel Dick Taylor of Chicago was put in charge of solving the problem of how to finance the war. His solution is recorded as this. “Just get Congress to pass a bill authorising the printing of full legal tender treasury notes… and pay your soldiers with them and go ahead and win your war with them also.”

    http://www.xat.org/xat/usury.html

    I highly recommend that everyone stay away from information on any Zionist website. unless there is no other source. Gary North seems to not have improved since he recommended we all flee to the hills in 2000.

  8. Jct: Well done. You should enjoy my http://johnturmel.com/bankmath.htm which proves most of what you’ve detailed.

  9. horse237 says:

    People read a lot into any person that is not there.
    I am not a collectivist.

    I am opposed to the gold standard because it will require a fractional reserve banking system. Gold crazies are in deep denial of historical experience. Italy collapsed in 1348 due to a fractional reserve gold standard. All we have in Fort Knox is gold plated tungsten bars. A gold standard would allow the Jews who stole 27 trillion dollars in banker Bailouts and the American gold supply to reduce the rest of us to permanent debt slavery.

    I have made specific arguments. I REFUSE TO ACCEPT ARGUMENTS BY DUBIOUS AUTHORITIES. Gary North wrote a piece about Lincoln and the Greenbacks which was laughable. It was easily refuted by reading Zionist controlled Wikipedia.

    I went to college for eight years full time. I do not waste my time with people who cannot reason.

    Yo male a legitimate argument you (not some screwball authority) must tell me why a gold standard would be better than what the American colonies had prior to the passage of the Currency Act.

    You must come up with a source other than Gary North to prove that Lincoln opposed Greenbacks. Treasury Secretary Chase was the Chase bank and became the Chase Manhattan bank after its merger around 1907 if my 20 year-old memory is correct.

    Isn’t it curious that Jews killed Presidents Lincoln and McKinley? Isn’t is curious that Jews killed JFK because he opposed the Israeli nuclear program at least according to Mordecai Vanunu? Have you ever wondered about the interviews given recently by Dr Alan Sabrosky and Dr Steven Pieczenik. Sabrosky was Director of Studies at the Army War College. Pieczenik Deputy Secretary of State for three different American presidents. Both men are of Jewish descent.

    THEY BOTH SAY ISRAEL AND AMERICAN JEWS CONSPIRED TO DO 911.

    i believe Israel has decided to get America into WW III so we can lose the war and forever be slaves to a Jewish world government or at least one they run with China..

    I will next publish something after the July 4th holiday is over.

    I will be looking forward to an honest debate. I do not accept arguments by authority and ad hominem attacks. I do not hate Jewish people. I just describe what the Jewish leaders do so they will never have a homeland.

    I once read a New York Jew who said the Jews debated whether America was just an address or it was a country. He said America was just an address because we are a bunch of anti-Semites.

    Americans were willing to die of starvation rather than demand real bank reform in the Great Depression. Americans allowed the Jews to assassinate their Presidents. They allowed the Jews to steal trillions of dollars and then bailed them out to the tune of 27 trillion dollars. Americans allowed the Jews to attack them on 911 and demand we squander our resources killing people in nations that did us no harm. And they say we are anti-Semites?

    • Dan says:

      You wrote, “Isn’t it curious that Jews killed Presidents Lincoln and McKinley?”. I read some biographical information about the assassins of Lincoln and McKinley, and from what I read, neither of them were Jewish. Please cite the sources of the information that the assassins of Lincoln and McKinley were Jewish.

  10. imp says:

    I read what Gary North wrote against Ellen Brown and it seemed like he nitpicked some irrelevant minor items, then gloated that he had demolished the entire book. As for ‘debunking’ Ellen Brown’s contention about Civil War greenbacks, the fact is that greenbacks didn’t bankrupt the country nor did they lead to hyperinflation. How do I know? Look around you, the country is still here and so is the dollar.

  11. Jct: http://facebook.com/john.turmel?sk=info details my P2P UNILETS compatible Timebank Account page. I’m already on the Time Standard of Money with my own Person to Person medium of exchange with a unit, an Hour always worth 60 minutes of volunteer base labor.

  12. horse237 says:

    Federal Reserve Notes are green but they are not Greenbacks. Greenbacks did not require us to incur a debt before they could be issued. They did not require either a national debt or an interest payment on that debt. As I said, before debt based monies only create a sufficient supply of money to pay the principal and not the interest. That will require that we create more unpayable debts next year to pay the interest. This will lead to a Debt Bomb of Unpayable Debt.

    Lincoln’s Greenbacks were only inflationary because he had to make so many of them in a time of war.

  13. Menves says:

    I’m a subscriber to Dr. North and I find much wisdom in what you have written. North demolished Brown in one salvo, but I don’t see you as her acolyte. The debt was never intended to be paid off; it is physically impossible since, as you pointed out, when the first $1000 was loaned under the FRS, there was instantly more money owed than was in circulation to pay off the loan. Over the past century the real wealth of the people was slowly extracted in interest payments until we became the bankrupt paper tiger we are today in hock to the world’s creditor nations. We’re waging war with everyone and his mother because the US has NOTHING else to offer the world anymore. That and the fact that we got out of the last depression by starting WWII.
    It has been news for 3 years that gold from Ft. Knox used in partial settlement of our debt to the Chinese has been exposed as tungsten-cored fakes. The FRS is whining about a piddly $15 million to assay the gold supply at Ft. Knox: what more proof does a rational person need that the people’s gold has been stolen?
    We don’t need a gold- or silver-backed currency since most of the gold is in the hands of the owners of the central banks, who would plunge us right back into penury. There just needs to be enough government-issued note currency (without an intrinsic value tied to a commodity that can be manipulated by private speculators) in circulation to transact business and keep commerce flowing, with the excess swept back up in taxes each year.
    And yes, principled opposition to central banking is a death sentence for any public servant: Andrew Jackson (3 attempts), Lincoln, McKinley, McFadden, Kennedy. It is also true that the FRS is the third central bank we’ve been saddled with, and the first two were driven out by leaders who had the mettle to stand up to the bankers.

  14. This blog article is quite good, and although we may disagree in some aspects, it makes some excellent points overall.

    For the people of any nation, including America, to have put the power and control of their currency – and all that this portends – into the hands of private bankers is complete insanity and economic suicide. Since every nation on earth has allowed this to happen “forever”, with a few exceptions here and there, then, the obvious conclusion is that the people of this nation and this world are insane. If one were to take a serious, objective look at political, economic and social realities existent in this nation and world, then that conclusion is confirmed.

    We have proposed an Alternative Currency that could solve the problems of any nation and/or any state within these united States in a very short time, namely, no more than 90 days. However, it takes sane people to understand and implement such a system, and since there are very few of these on this planet, and certainly almost none in America, then, bringing this idea to fruition is nearly impossible. This is especially so when the obvious opposition has immense, unlimited power in every possible aspect and arena one can conceive.

    For the few sane ones reading this comment, if you are interested in viewing our simple, direct proposal, please go to our website: http://www.CitizensoftheAmericanConstitution.org, click on the home page and then click on the link that says: Project to Stop Federal Tyranny Now!

    Best regards,

    Jack and Margy Flynn

  15. MICHAEL T DARWYNE says:

    Brown’s book is one of the most refreshing examinations of the monetary system I have seen in a long time and I treasure it for its clarity.

    • Menves says:

      Ellen Brown’s most revealing flaw is her refusal to debate Gary North. She (and, bizarrely, Max Keiser) had to stoop to slander and personal attacks to save her from appearing in an open forum, where she would have been demolished and her fan base forced to see their avatar is all bluff.

  16. horse237 says:

    I wouldn’t bother debating Gary North as he is a poor scholar and cites as facts things which are the opposite of the truth. I also do not see any point in debating a gold bug. They are not capable of learning. I would debate a hard shell Zionist about 911 as I easily convince just about everyone I meet that Israel did 911. I have to start out by explaining how you do a controlled demolition with nanothermite.

  17. Menves says:

    Then she should leap at the opportunity to “destroy” North in public and settle the matter once and for all. Also, it was Keiser who proposed the on-air debate between Brown and North. But they quickly realized neither one of them were up for it, so they had to trash North’s reputation. As you do. ;)

  18. horse237 says:

    Gary North has no reputation. He lost whatever reputation he ever did have when he went on the air with Art Bell and said civilization was going to end with Y2K. There is no point in debating someone who says the opposite of the truth as he did when he claimed Lincoln opposed Greenbaks and Treasury Secretary Chase supported it. Ellen Brown wrote her work but she is a lawyer and not an economist.

    I would rather see an idiot like North go up a true academic like Dr Micheal Hudson who has the same general beliefs as Brown but has more ability to defend his position. And Brown learned what she did from Bill Still’s movies so Hudson is a better opponent.

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  20. horse237 says:

    I think the above translates as “Another and sober look on: MONEY”

  21. required says:

    Lincoln and Dick invented greenbacks like Col Saunders invented fried chicken
    http://www.yamaguchy.com/forum/index.php?topic=2.0

    The true fathers of greenback (if anyone) were Hooper, Spaulding, Corning:
    Mr. Spaulding, a banker before, during and after his public service.
    Mr. Corning, a forerunner of robber barons; “a large capitalist of Albany who was the head of the projectors of the Minnesota and Northwestern Railroad Company which, in 1854, by fraud and corruption obtained from Congress an extensive land grant of 900,000 acres.”
    In earlier years, Lincoln’s Secretary of State, William Seward –an old Whig and supporter of the Bank of the United States– was attorney for Erastus Corning.
    Mr. Hooper was a rich merchant before he became a Representative in December 1861. A decade later he was instrumental in the sneaking through and passing of the February 12th 1873, Mint act which demonetized silver.

    Mr. Hooper practiced first at the State level in Massachusetts
    http://www.yamaguchy.com/library/spaulding/alley23.html

    Book-peddler Brown is a regurgitator, so is William Still:–
    http://www.wealthmoney.org/forums/topic/18

    Anyone who bothers to read the story of the 1862 legaltender Treasury notes can come to no other conclusion that they were a means to an end, and Lincoln had nothing to do with their introduction. And what was that end ? to finance a war of aggression, to facilitate the sale of bonds, to establish a permanent national debt, to introduce a national currency based on debt.

    The Guernsey Meat market Notes were NOT fiat; they were evidences of debt: the people borrowid 4,000 pounds from the government, then paid them back and the notes were destroyed.

  22. The idea of printing X trillion dollars and spending it into existence is silly to me.
    1. How do we know we do not need X + Y notes? 17 trillion this year, not 15?
    2. What happens to these notes next year, when we need another 15 trillion?
    3. Who controls all of this printing and spending?
    I could go on, but I hope any reasonable person has already got the notion of spending money into existence out of their beautiful minds. It’s messy and doesn’t work.
    Money must stand for something besides the collective approximation of this year’s GDP.
    Money is a red Ferrari and a supermodel girlfriend. Money is the comfortable feeling of knowing you’re fully insured. Money can get pretty personal. I like the way it’s made now, sort of.
    Most money comes into existence because someone with more vision than sense needs a little cash to get something done he might not otherwise accomplish. Money is leverage for entrepreneurs and that is a good thing, I think.
    Gold bugs and fiat printers are equally silly to me. Money is debt but it also credit.
    If it’s OK to outlaw incandescent light bulbs, why can’t we just outlaw interest charges?
    You all need to discover Mike Montagne at http://perfecteconomy.com

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  25. Perhaps says:

    Hi there Horse237,

    I just want to say thanks for your blog and its fascinating. You have been filling in my blanks when it comes to monetary policy so thank you and keep up the great job. Just wanted to ask you a question about some people? What do you think of the following:

    Alex Jones-

    Max Keizer-

    Jim Rogers-

    Peter Schiff-

    Gerald Celente-

    Have you also heard about SGT Report blogs? I found your blog through SGT report regarding PAGE. Again, it would be cool if you can find the time out of your busy schedule to comment as at this point I dont know who to trust/believe other then myself, lol.

    • horse237 says:

      Alex Jones will not tell the truth about Zionism. His wife and sponsors are Jewish. Max Keiser is Jewish and does not like Americans. I rarely listen to Peter Schiff. I would not invest in his Perth Mint bull. Jim Rogers I do not trust. He is a partner to George Soros . They make their money from inside Bilderberg info. SGT like me is a revolutionary so I trust him. Gerald Celente repeats himself and says nothing new. I listen to all of them plus Bob Chapman and Catherine Austin Fitts and Jim Willie. But I do my own thinking.

      I advise all new readers to scroll down my articles list in the archives and read one of the ones I posted over the last couple of months. Read today’s article.Inflation is coming big time.

  26. Maat says:

    I enjoyed this until you lied and said 90% of black kids in America are on food stamps. Are you out of your mind? That’s not true! Visit your local food stamp office!

    You will see a room filled with hispanic women and white women with little stair-step hispanic and white kids!

    You seem like a truth seeker until you typed the mainstream statistics lies!

    FAIL!!

    • horse237 says:

      Instead of accusing me of lying you might have said you disagreed and asked me for mu source/

      There used to be 40 million blacks and a low illegitimacy rate for blacks and whites. Then along came unlimited abortion and the number of blacks was cut to 29 million. The illegitimacy rate soared for blacks and whites as the federal government. I have heard for some time that the black illegitimacy rate is 71%. The number of Food Stamp recipients has increased by 20 million.

      The specific figure of 90% of black kids on Food Stamps was cited by Alex Jones. He could be wrong. Do you have a specific number?

      That figure includes kids born to white mothers who gave birth to children from black men.

      I listened to a black author who said black women have the lowest chance of finding a mare of any group in the US.

      My solution to the destruction of all families is the end of subsidies to teenage mothers. Treat their kids as id they were born to the maternal grandmother in terms of benefits.

      Pay men and women who can hold down any fulltime job a negative income tax so all married couples can take home $45,000 a year. This would abolish poverty overnight.

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  28. Dennis Spain says:

    Many important points are made in this essay, for which I am grateful to the author.

    I don’t trust government to manage the so-called optimum quantity of a money, however, so the issuance of debt-free money by governments, while surely a great leap forward over the present cockamamie fraudulent scheme in which we pay back bankers our phony “debts” denominated in money of their own creation, is less than optimum. Politicians are more inept than greedy bankers.

    A stand alone money, such as silver and gold, if managed in a 100% reserve private banking system in which accounts are denominated in gold and silver grams and loans are only made from previously saved capital at interest rates determined sloely by the parties to the loan contract, would be preferable, with government playing a very important role in the prosecution of fraud whenever any bank deviated from a practice of holding 100% reserves in demand deposit accounts.

    I just don’t buy into the idea that there are experts of any stripe competent to manage a money supply. I revert instead to the Austrian School concept that money arose in the great river basin civilizations naturally as the most marketable commodity, and that this is the archetypal money which should not be subverted by experts and their ever more convoluted schemes to make a buck off the back of true producers.

    People often raise the objection that under a gold system the bankers would control the gold, but. in reality. under such a system, whenever anyone spends gold in anyway, either direct transfer or through e-transactions or regular check clearing, gold changes ownership. If the bankers want to live, they have to spend, and in doing so ownership of money is transferred. In the present system, when loans are paid off to banks, the money is extinguished and must be replenished by the issuance and signing of new promissory notes. We depend on the bankers for bringing the medium of exchange into existence. This is, without a doubt. the most egregious racket in the whole world and it must come to an end, hopefully peacefully, but if necessary, through force.

  29. horse237 says:

    You cannot trust government because the Zionists control our government.

    If you had read my previous essays , you would have read about fractional reserve hold banking which collapsed in 1348 in Venice. You must end fractional reserve banking.

    I invest in silver. I oppose the silver and gold standards. They would require fractional reserve banking to create checking account money. All of the scams involve bankers loaning out more than has been deposited.
    If government created all credit without interest, we would have the lowest cost of production because product costs include interest.

  30. Jhorne121 says:

    I believe that Alex Jones’ claim that 90% of black children are on welfare came from here: http://www.cbsnews.com/stories/2009/11/03/national/main5504471.shtml
    As you will clearly read, the study was biased to say the least. Another attempt by Alex(whom I have listened to a lot and had disparaging remarks towards black regarding the London riots) and the media to demoralize black people in general, as if poverty has a color. This is no attack on your character, or the integrity of your work. Keep writing, keep fighting.
    Peace!

    • horse237 says:

      I willingly stand corrected. It might be 70% on Food Stamps not welfare. That includes the children of white women born to black fathers. That skews black statistics. The real poverty rate was much lower before the Depression hit us all.

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  34. connect-the-dots says:

    Gary North is a Reconstructionist in his religion — Calvinist. I’m trying to figure out how this kind of thinking fits in with the present. Calvinists seem to have no aversion to nuclear war, seem to want it, and since they believe we are living in the millennium and things are getting “better and better” (instead of worse and worse as the Bible says), they must figure wiping out 90 percent of the earth’s population will be a good thing, and they must think they will be the ones calling the shots and running the show.

    Do you have an opinion on this? Religion seems to be driving everything — it sure drives the Zionists, and I think Calvinists are Zionists, most of them.

    Other Christians, maybe one or two-point Calvinists, believe Jesus is coming any second to whoosh them away, and they think this will happen before all the bad stuff, like nuclear war, hits, so they don’t seem to mind the way things are going either, seem to be pushing.

    It’s horrible that the people who should be the biggest opponents of Zionism and should know more than anybody what the NWO is all about and who’s behind it (ie Satan) would be tricked into being on the front lines supporting and promoting it.

    • horse237 says:

      Gary North is a follower of John Calvin who was born John Cohen?

      He does not believe Jesus comes back to get them before WW III, it is a doctrine invented by a Scotsman named Darby. It was popularized by an American con man named C. I. Scofield who even stole from close relatives. Nobody paid attention to him until a Rothschild business partner financed his book, the Scofield Reference Bible, which was published Oxford University Press. Gary North denounced this doctrine here.
      http://www.lewrockwell.com/north/north222.html

      North thinks the Fundamentalists are inviting the Jews to Holocaust II because they do die but the Christians are saved by a magical return of Jesus. This is contrary to the Bible.

      Calvinists predated Scofield was a Judaized Christianity. I do not know if Gary North is if Jewish descent though this has been said.

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    Howdy! This blog post couldn’t be written any better! Looking through this article reminds me of my previous roommate! He constantly kept preaching about this. I’ll forward this information to him. Pretty sure he’s going to have a very good read. Thank you for sharing!

  38. Bad Cash says:

    Very helpful article

  39. Shinn bell says:

    This is very interesting things here, i could learn alot from you people. nice blog.

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