the following is a speech i (Carl Thomas Lavoncher III) presented during a BUS 101 class at Ivy Tech (Indianapolis, IN) ((Prof. M Yancey)) during the
spring 2011 semester. during the speech i removed 2 pages of material, and the speech ran 48 minutes. i was awarded 260/50 points (even though the
speech was supposed to be limited to 15 minutes lol, oops). The speech is entitled,"The History of the Money Manipulators". Please enjoy.
*there is a part in the speech where i am talking about the Federal Reserve and a statement i make is now proven to be dated (about the FED could not
My name is Carl Lavoncher; however, please refer to me by my middle name, Tommy. While I am young in age, through my life I have come to
encounter many types of individuals, and different styles of life. I have worked several jobs, up to my current place of employment, from the bottom
of the chain at fast food, moving up through retail, and briefly worked for whom I should have stayed with, a major regional bank. Working at the bank
exposed me to many financial ideals in life which are rarely stable, or effective for the consumers. Working at the bank also brought to my attention
the practice through which the banking system makes an illegitimate profit, and uses the public as its own special board game, fractional reserve
lending. I will dive deeper into the act of fractional reserve lending later on, but in essence it is justification for a bank (keep in mind that
100%, EVERY, bank in the ENTIRE USA practices fractional reserve lending) to lend out, to the public, up to 10x the actual amount of money in the
bank’s reserve. The practice of fractional reserve lending dates back to biblical times, and strongly took effect during the Roman Empire. The more
I began to understand how money works, and the greatest secret behind money, the more I began to see the injustices of the banking industry, the more
I began to stop being a blind follower of the monetary system.
*I would like to pause here for a disclaimer. The deeper we divulge into this discussion the more controversial topics we will cover. Some
of the things said, and some of the topics covered will upset some people, most will be unwilling to even comprehend the points I am aiming to make. I
would ask that during the presentation everyone hold his or her comments to themselves until the conclusion of the presentation. If we can do that,
then I will guarantee the class, that all the information presented in the next few minutes are fact. Whether it is statistical numbers, or quotes,
the information is real, and any personal feelings and conclusions will be directly identified. My purpose in presenting this is not to give you all
the answers. I am not trying to tell you regardless of what you “know” or believe, what I know Is correct. That is not my mission. My mission is
to challenge your minds. Challenge each individual to think for themselves and use their natural abilities of deduction, and reasoning. I want to
encourage all of you to hear what I have say, and If you disagree, please look up the facts. Find your own answers, and prove me wrong. Prove the
facts wrong. That is the beauty of knowledge, and the power of knowledge. If you are given an answer or response to an inquiry that is unacceptable,
or disfigured with falsities, you as a human have the ability to find the answers. The issue with American's today, particularly my generation, is
that we take information at face value, and are to disinterested to find out the truth. We feel that because of whatever reason we are entitled to
what everyone else has, and do not want to do anything for ourselves. I even fall into this category often; I fully understand how important school
is, yet I still do not put forth an appropriate and constant effort towards maximizing my school experience, I believe if I know the material I know
it, and should not have to do meaningless practices in repetition. I understand this is wrong, but this is how I have gone through school to this
point, and after 16 years of classroom learning it is hard to change old habits. So trust that I understand it is hard to change our ways of thinking,
but this is the first step to finding the true injustices which influence and harm our lives daily, and to truly make a change to America. If you take
nothing else from my presentation, you can even stop listening after this tangent, but please take from me the fact that we have power, as individuals
that collectively can never be defeated, knowledge. People say cleanliness is next to Godliness, I say it is knowledge, because with absolute
knowledge comes absolute advantage. If you know your enemy throughout, and understand their logic and reasoning, you will predict their every move and
always be one step ahead. Absolute knowledge equals absolute victory. To reach the point where what we are told through educational facilities,
television, radio, and the internet is no longer the absolute word of truth. We must learn to trust ourselves. Understand that we are just as
brilliant as those telling us the news, and that the people giving us our news, themselves were first given the story they are to portray. To break
the cycles of poverty and ignorance, to begin to grow economic, financial, and global prosperity, we must start with ourselves. Get active in the
community, visit historical destinations, find historical documents and read them. Watch the news and research executive orders being passed, and
bills being presented. DO NOT just listen to the analysis of the bills, but read them and you decide if you are for or against it. We need to stop
being “sheeple”, aimlessly following a crooked herdsman, as just another faceless member of the flock. To save ourelves and our country, we must
free ourselves, then we can regain the America that our founding fathers had intended it to be.
“all moralists, no matter what religion, condemn: fraud, oppression of the poor, and injustices clearly immoral. As we will see fractional reserve
lending is rooted in a fraud, causes widespread poverty, and reduces the amount of money in a population.” (BILL STILL)
*the act of loaning money with interest was banned during the Middle Ages by classification of USERY- which is blasphemy in the eye's of God. So much
in fact that the only depiction of Jesus (in the New Testament of the Christian Bible) as showing an act of aggression, was when he was driving the
“money changers” out of the temple, because they were practicing usery.
1) Ask the class for someone to lend a $20 bill for the initial reserve for the class bank.
2) Explain the $20 bill represents the initial deposit into the bank.
3) Through justification of fractional reserve lending, give myself and another founder $100 each. (20 x 10 = 200) keeping in mind we
did not have any initial capital.
4) Myself and the other founder invest our $100 each into the bank, making the banks reserve now $220.
5) The bank can now loan out to $2200, with interest to the consumer, all making huge profits for the bank (i.e. the bank founders)
all from an initial deceit, and no capital down.
edit on 20-1-2012 by JAsay1LOVE because: add a note that a statement in the speech is dated