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FoLLoW THe MoNeY...
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Wish I could give you a ten on the rating scale for this batch WB.
Now, for the caption contest on Ms. Merkel:
"The first point I wish to make, Mr. Varofakis..."
Debt is created by banks to make money. They hope it never gets paid.
Just out of curiosity, what would happen if everyone decided to pull all their cash out of all FRB member banks at the same time?
Yes, yes. It is the Ghandi non-violent way to fight banksters. Debt does not make you free. It enslaves you. Everyone, get up and go to your banks and tell them you are not going to give it anymore and you want all of your money back. Go to your banks now. Set yourselves free. Do not give in when banksters play the fear card. Be brave. Take back your money.
I can see that several human beans here know absolutely noting about debt only what they feeeeel about it.
FYI If you can find someone to lend you 100 million dollars or what you deem enough money (be very very optimistic in how much you need to live on for the rest of your life and double it) to live without working for the man and other non-taxpayers, then you are not only free, you are now familiar with bankruptcy laws.
There are countless savvy businessmen who have managed to get all kinds of financial institutions to lend their companies trillions of dollars. They then take many tens of millions in the form of compensation, and then bankrupt the company.
Wise up!
If you EVER get the opportunity to have some lending institution hand over millions to you, take the money and----as they say----RUN!
Stop looking at debt as other than a possibly very powerful tool to build your financial freedom. Select your future domicile with non-extradition treaties in mind.
Good luck, you'll thank me later
Downvoted by 5 (so far) bill collectors apparently.
Here's the deal my man, we are constantly beat about the head & shoulders by those saying the debt is the "the publics debt". If this is so, the things bought with that public debt are ours. You can't eat a meal and stick a complete stranger with the bill, its an age old concept & principle.
Meaning, what you think is your property, bought with "private money"...financed by public debt is not in fact yours, its mine.
And I'm coming to collect.
Sure you are. And chickens have lips.
.
Sure, we can meet up in hell and have some cocktails........
Yeah, I know. But it's a moral thingie, not a money thingie. Don't ask me to define moral. It's a work in progress.
It certainly is a basic principle that debt for members of the "club" has a different connotation that debt for the peons. When it comes to their debts, the members of the club have no inhibitions about stiffing the lenders to their advantage. But when it comes to the debt peons, there can be absolutely no quarter given.
Fuck em!
Bankers never lose - the FED insures that. It's like a cycle - loan some enormous amount to a large corp or nation, when they can no longer pay then rally the congresscrooks with the bullshit that if they aren't bailed out the whole sytem will crash and everyone will die, so they then have the taxpayers take it on via the FED issuing bonds to create the money to cover the amount, which basically goes back to the bankers. And, it was all created from nothing in the first place.
Fuck em! Indeed.
"private debt equals public good.." Machievelli
"Just out of curiosity, what would happen if everyone decided to pull all their cash out of all FRB member banks at the same time?"
There would be martial law and a perimeter around every city in 3 days. There would be a tank at the end of your street and your kids would be crying.
Government decreed Bank Holiday, until they figure out what to do.
Go to Google and look up "Fractional Reserve".
End of story.
SARC ON: So if I understand things right, the USA spent 1 trillion fighting the iraq war, then spent 10 years and another trillion training the Iraqi army. When 30,000 ISIS militants showed up, the Iraqi army laid down their weapons and went home to their wives.
By this act, did that first and/or second 1 trillion dollars get forgiven by proxy, or will the IRS/ISIS continue to collect from the next 3 generations of americans? (non-corporate persons)
I read nothing sarcastic in your remarks
noticed the hand-sign...
the claw below the middle finger --- can't even hide that now, ha.
When I read middle finger I just needed to say Hi!
Alot of that $$trillions$$ money "went missing." You can ask Paul Bremmer about that:
So, Mr Bremer, where did all the money go?http://www.theguardian.com/world/2005/jul/07/iraq.features11
The Missing Billions: Ex-Iraq Occupation Chief Paul Bremer Questioned on Oversight, Spending of Iraqi Moneyhttp://www.democracynow.org/2007/2/8/the_missing_billions_ex_iraq_occupa...
Luckily for him and his ilk, the law does not apply to them.
L. Paul Bremer is tied directly to the 9/11 false-flag attacks. Several serious and credible (I.E., NOT government puppet) researchers have come to this conclusion. Details:
https://www.youtube.com/watch?v=n_fp5kaVYhk
I'd link more, but Gookletube is being blocked at my end by Firefox now, after I copied this link on the ZH comment response section.
If you are looking for those billions of USFEDS strapped to pallets that were airdropped (and subsequently went missing; JUST like the TWO POINT THREE TRILLION DOLLARS announced missing or 'unaccounted for' by Rumsfeld on September 10, 2001, from the PENTAGON) in Iraq, I don't know what to tell you. Maybe Bernard Kerik (L. Paul's employee, and 'Rudy' Guiliani's police chief during 9/11; who's 'official' police office 'found' the passport of one of the hijackers on the street several blocks from the WTC complex, in pristine condition after having been inside a wallet pocket of a hijacker and miraculously jumping out of the wallet [presumably in the back pocket of a hijacker whose butt was pushed back in the pilot's seat by the G-forces involved], passing through the building and ensuing fireball without so much as a tear or a burn mark, and coincidentally falling like a leaf to the street to be discovered by a couple of 'New York's Finest') might be of some assistance.