All,
Please review this and comment as you see fit.
My Theory: The situation faced by all countries, where a central bank is established issuing "legal tender" as fiat currency, based on the "bond" of
the government, which requires the proletariat, to give remittance to the government in form of taxation, so services provided, with the application
of interest on the capital can be described as a form of "Nexum"
But let us start at the beginning. (note this is a very abridged version)
Before all this "society" came along a man was free to live, and divine his own fate. He was also free to die in the gutter of starvation. taxation /
tribute was paid, in form of servitude to the lord of the land (Landlord) or in form of silver / gold coin of the realm if you wished to be left
alone.
Basically a medieval form of a protection racket.
However as "society" developed, the needs of the prols grew.
We need roads,
We need light
We need heating
We need civil protection
We want Justice. etc etc etc
Well, who had the time to deal with all of this? let alone who had the money to pay for it? the Landlord? Maybe if he wanted to go bankrupt, and not
have any time left to go hunting, or ravishing the parlor maid!
Enter the civil service. to administer all of this on behalf of the Lord.
Discussion went something like this:
"But we don't have the money for this"
"So raise taxes!!"
"Hmmm.. But the people don't have money to pay the taxes and we don't have enough coin to pay for the expansion, because our system is based on the
gold standard. What do we do?"
"Answer: Well lets get the gold and goods from other lands, that we can trade with other countries, in order to pay for everything. by force is
necessary!!"
Enter the Empire phase.
Another problem, over which the discussion went something like this:
"Ahhh we cannot afford the infrastructure for all the empire"
"Or the upkeep of the military required to keep everyone safe! What do we do?"
"We can't raise taxes, and we have traded everything to the max."
"Haven't you heard?" said a new voice.
"No! What?"
"There is a place in the city where people are exchanging their coins for paper, and they can be used again and again. they are even giving people
more paper than they have gold for. just as long as they pay it back in time."
"What happens if they don't pay it back?"
"Well, they go to debtors prison don't they! and right so the blaggards!"
"That's sounds great. We have a steady income of taxes, which means that we can pay it back in time, and allows us to do things now! it will be easy
for us. We just make sure that our monthly repayment is affordable! (sound familar??) Now bring me the manager! post haste."
Enter the Banks.
"We want to borrow 1 million pounds of gold, if you please"
"No problem Sir, will you give me your promissory note for the sum?"
"Of course, we are the Government, Our word is our BOND"
$$$$$$$$$$$$ CHACHING $$$$$$$$$$$ BA BLING $$$$$$$$$$$$$$ ITS ALL ABOUT THE MONEY $$$$$$
Now, Those of you that have played Sim City will know that once you issue a bond, spend the money, and you economy goes into recession. there is
nothing left to do, but hit "exit game" or keep issuing bonds to try and get the tax revenues going again!
So where does this lead us?
Well, those that cannot repay debts go to debtors prison, no?
Debtors Prison It was said just
before, and rightly so the blaggards!
"Hang on there old boy, we're the Govenment, you can't send an entire country to Debtors Prison! Can you?"
Banks "Not literally sir" after all this is 1913. in these modern times we do not do such barbaric things. Luckily there is a method that has been in
use since ancient Rome for such an event, and is fair for everyone. You get to continue doing your thing, and I get my money back."
"Ahhh well if it was good enough for the cradle of civilization, then it has to be a civil gentleman agreement good enough for us, right?"
" Indeed Sir, We will simply draw up a contract called "Nexum" between you (the country) hereinafter known as the Nexi, and us (The bank) hereinafter
known as the Nexor. Don't worry about the terms, it's just legal contract language."
"This Nexum is all good and proper isn't it old boy??"
"Of course Sir, it just allows an agreement or Nexus, between us, where you give me you bond, and (I legally own you) but that is all well and good,
as you are a man of your word right!!???"
"Ahh of of course indeed sir, never let it be said, Lets get the Nexus rolling then shall we"
".........Excellent!"
Sounds similar to A Nex ation - to Annex a Nation. Bind in Nexum doesn't it.
But what is Nexum?
Black Law Dictionary 8th Edition 2009 Describes Nexum as:
Roman Law. A transaction or practice of early Roman law under which a debtor, upon failure to repay the debt, could be seized and held in bondage
until the debt was repaid. The practice was allowed in very early Roman law.
Nexum
And so the country was given over to the Banks as a Nexus.
(This is still listed in today law parlance.)
At which point all monies issued were done so by the bank, in order that the government, in Bondage, could pay back it's bond (nexus)
So we're all now in debtors prison. brought so by our father demands for civil protection. Our freedoms were sold into bondage, for the needs of
society. and nativity and friviolity of a ruling class who believed they were being clever, but in the end were no better at playing sim city that
anyone else. in the face of this slippery buy now pay later schemes!
AND YET WE STILL FALL FOR IT!!!!!
We can still see this continuing again and again LOOK AROUND. Countries needing bail outs from their central bank to the world bank!!!.
This is nothing but a MASSIVE global CDO!!
So. What happens when countries in Nexum default further, and cannot repay their bond??
This is the point where we are now. Has anyone in the banks given this any thought? How can you re-seize that which has already been seized. when you,
your processions, your house, even your life and name, do not belong to you, but are registered with the government, and appear on an asset list
(census)(register)(social security) used as human collateral to fund the Nexum, and further lines of credit
Well they just a credit default swap to another bank. and the world bank is currently on a debt purchase mission. to acquire the ownership rights of
the world, it's nations and it's people. And the mechanism to ensure their bondage
The SDR (special drawing right)
SDR
As was used before, countries will give tribute (bond) to the new Landlord, and continually pay the Nexus until the debt is paid.
However, with interest, this can NEVER happen.
The solution:
Islamic Banking
I am NOT a Muslim, However can you not see that maybe this is the reason why they are being demonized, After all, think who is doing the bank rolling,
for all of this, on BOTH sides. That everything that comes from the mouth of the Muslim has to be bad, wrong, evil and anti capitalist. We it's true.
it is anti capitalist. But it is the only way out of this. That is why they don't want you to see it. This is why Muslim countries DO NOT have fiat
currency. This is why Muslim countries do not have central banks and still have currency based on gold. This is why the Muslims actually understand
the real worth of trade, Hell they've been doing it for millennia.
Just food for though,
You will be informed when it is your turn in the exercise yard.
edit on 14/5/2011 by JakiusFogg because: more stuff
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edit on 14/5/2011 by JakiusFogg because: (no reason given)
edit on 14/5/2011 by JakiusFogg because: (no reason
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edit on 14/5/2011 by JakiusFogg because: (no reason given)