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Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Tuesday, March 2, 2010

15 Reasons Why The U.S. Economic Crisis Is Really An Economic Consolidation By The Elite Banking Powers

Though there are several Scriptures the apply to this. Many more will be added to look up as I continue on articles like this.

Zechariah 8:7 Thus said the LORD of hosts; Behold, I will save my people from the east country, and from the west country; 8 And I will bring them, and they shall dwell in the middle of Jerusalem: and they shall be my people, and I will be their God, in truth and in righteousness.

9 Thus said the LORD of hosts; Let your hands be strong, you that hear in these days these words by the mouth of the prophets, which were in the day that the foundation of the house of the LORD of hosts was laid, that the temple might be built. 10 For before these days there was no hire for man, nor any hire for beast; neither was there any peace to him that went out or came in because of the affliction: for I set all men every one against his neighbor. 11 But now I will not be to the residue of this people as in the former days, said the LORD of hosts
Is the United States experiencing an "economic crisis" or an "economic consolidation"?  Did the financial problems of the last several years "happen on their own", or are they part of a broader plan to consolidate financial power in the United States?  Before you dismiss that possibility, just remember what happened back during the Great Depression.  During that era, the big financial powers cut off the flow of credit, hoarded cash and reduced the money supply.  Suddenly nobody had any money and the economy tanked.  The big financial powers were then able to swoop back in and buy up valuable assets and real estate for pennies on the dollar.  So are there signs that such a financial consolidation is happening again?

But now the big financial powers are reducing their lending, hoarding cash and shrinking the money supply.

The real estate market will continue to suffer because banks are raising their standards and are lending less money.

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Thursday, February 4, 2010

Now Mathematically Impossible To Pay Off The U.S. National Debt

Of course if we had listened to our very wise founding father Thomas Jefferson, we could have avoided this colossal mess in the first place....

"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."

But we didn't listen, did we?

It Is Now Mathematically Impossible To Pay Off The U.S. National Debt

A lot of people are very upset about the rapidly increasing U.S. national debt these days and they are  demanding a solution. What they don't realize is that there simply is not a solution under the current U.S. financial system. It is now mathematically impossible for the U.S. government to pay off the U.S. national debt. You see, the truth is that the U.S. government now owes more dollars than actually exist. If the U.S. government went out today and took every single penny from every single American bank, business and taxpayer, they still would not be able to pay off the national debt. And if they did that, obviously American society would stop functioning because nobody would have any money to buy or sell anything.

And the U.S. government would still be massively in debt.

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Wednesday, January 13, 2010

Is a cashless society on the cards? - Telegraph

credit cardsImage by [s e l v i n] via Flickr

  • "Steve Perry, executive vice president of Visa Europe, has a different take on the folding stuff packed in our wallets that most of us take for granted. "Cash is expensive," he says. "We need to be using it less." Expensive? Vintage wines, maybe. Designer clothes, yes. Modern art, almost certainly. But cash? "Why do you think supermarkets introduced cashback?" Perry asks rhetorically. He has me stumped there. I tell him I always thought of it as a service for overdrawn students to drive a few more sales through the tills. "No," he responds politely. "It's because they want cash out of the system so there is less to manage. Processing a transaction on a card can be cheaper than handling cash." Perry is a leading cheerleader for the cashless society. It's hardly a surprising role, but its an argument he is finding increasingly easy to make. Last month, for example, the Payments Council announced to anguished outrage that in 2018 the cheque would be dead. "There are many more efficient ways of making payments than by paper in the 21st century, and the time is ripe for the economy as a whole to reap the benefits of its replacement," Paul Smee, chief executive of the Payments Council, said. Perry extends the same argument to cash. Notes and coins are never going to be fully replaced, he accepts. Currency has, after all, been around in some form or another since 3,000BC. But now that we're in the electronic age, payments could do with a little catching up, he reckons. Visa has recently published an extensive report on the cost of cash to society. Citing numerous independent papers by consultants and national governments, the payments company constructs a compelling case. "

    tags: cashless, is, a, society, Money, business, RFID, Prophecy, Mark, Card, ID, Law, Government


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