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Originally posted by Firefly_
This is as much the bankers blame as it is the politicians. The politicians who lied to us to get elected then reneged on every promise they made so they could enact the banksters and corporate wills. After all, we have to pay taxes to them regardless, they can get more by shafting us and taking bungs on the side from the lobbyists. In short, if there was no corruption in government then this mess would not have been allowed to happen in the first place.
So its the banksters fault for doing what they are doing, but also the politicians for betraying us all and allowing them to. This is also why the politicians and governments should be the main focus of the protests around the world, not the financial institutions, because if you deal with the corrupt banks and corporations, the government is still corrupt and the door to dirty dealers is still wide open. But if you deal with the corrupt government, then the banks and corporations will be unable to operate the way they do.
Originally posted by thejlxc
reply to post by Newleague
There are some people, the people who own and run the Big Banks, who are making it this way on purpose. Sad but true. They own the media and the governments and the education, and they WANT it bad. They want it so much worse. We're letting them do it. So I agree with you. We're allowing this unbelievable era of horror. It's disgusting.
Originally posted by woodwardjnr
reply to post by Firefly_
How would you stop the corruption in Government? How do you stop those with money having an influence on the Government?
If a single nation state decides to get tough on their bankers and corporations those bankers and corporations will take their money elsewhere, where the regulations are not as strict and where they can corrupt the governments. Finance is global and will move to the place it can make most money with the least restrictions.
"If this mischievous financial policy, which has its origin in North America, shall become endurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe." Baron Rothschild, Hazard Circular - London Times 1865
From this extract its plain to see that it is the advantage provided by the adopting of this policy which poses a threat to those not using it. 1863, nearly there, Lincoln needed just a bit more money to win the war, and seeing him in this vulnerable state, and knowing that the president could not get the congressional authority to issue more greenbacks, the money changers proposed the passing of the National Bank Act. The act went through.
From this point on the entire US money supply would be created out of debt by bankers buying US government bonds and issuing them from reserves for bank notes. The greenbacks continued to be in circulation until 1994, their numbers were not increased but in fact decreased. "In numerous years following the war, the Federal Government ran a heavy surplus. It could not (however) pay off its debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply." John Kenneth Galbrath
The American economy has been based on government debt since 1864 and it is locked into this system. Talk of paying off the debt without first reforming the banking system is just talk and a complete impossibility. That same year Lincoln had a pleasant surprise. Turns out the Tsar of Russia, Alexander II, was well aware of the money changers scam. The Tsar was refusing to allow them to set up a central bank in Russia. If Lincoln could limit the power of the money changers and win the war, the bankers would not be able to split America and hand it back to Britain and France as planned. The Tsar knew that this handing back would come at a cost which would eventually need to be paid back by attacking Russia, it being clearly in the money changers sights. The Tsar declared that if France or Britain gave help to the South, Russia would consider this an act of war. Britain and France would instead wait in vain to have the wealth of the colonies returned to them, and while they waited Lincoln won the civil war.
With an election coming up the next year, Lincoln himself would wait for renewed public support before reversing the National Bank Act he had been pressured into approving during the war. Lincoln's opposition to the central banks financial control and a proposed return to the gold standard is well documented. He would certainly have killed off the national banks monopoly had he not been killed himself only 41 days after being re-elected. The money changers were pressing for a gold standard because gold was scarce and easier to have a monopoly over. Much of this was already waiting in their hands and each gold merchant was well aware that what they really had could be easily made to seem like much much more. Silver would only widen the field and lower the share so they pressed for...