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CarbonBasedLifeform

Bank Bailouts

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Can't take credit for this unfortunatley as it was a comment from a teleraph article but i think it sums up very niceley where we are at (uk,europe and us).

"There is no money left for another round of bank bailouts by any government, Unless they borrow the money from the banks that the governments intends to bail out.

You know this makes sense - Don't you? because i'm losing the plot here."

:lol::lol:

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Makes perfect sense, if the purpose of this financial crisis is to destroy the US dollar, as the stable datum of planetary finance, followed by other national currencies, and replace it with a global monetary authority run directly by international bankers, free of any governments control.

There have been five 'bank wars' over the centuries. Each time a privately-owned bank or group of banks was legislatively chartered or authorized to issue money most of which was created by the bank out of nothing.

Certain politicians have stood against them. Most notably Andrew Jackson

You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out.

Andrew Jackson, to a delegation of bankers discussing the recharter of the Second Bank of the United States, 1832

President Andrew Jackson's Veto of the National Bank Charter

A government can and should use 'fractional reserve banking, for the common good – but never should such economic power be delegated to private persons or their privately-owned corporations, which inevitably use such great economic power to corrupt the political system for their own benefit and to the disadvantage of all others.

[Not long after, In the UK, in 1844, The Government introduced the bank charter act, outlawing the practice, of private banks printing their own Bank Notes, as they inevitably printed too much for their own profit and destabilised the entire economy.

The Bank Charter Act stated that Banks are not allowed to print their own money. Only the BOE were allowed to print bank notes.

But there was a major loophole, because the bank charter act only outlaws 'printing bank notes']

Successive Criminal governments [hoodwinked by Keynesian economics, because of the power it gave them] have allowed the situation to get so out of hand, that now only 3% of money in the UK is coins and notes.

These 'Bank Wars' are ongoing, and the Banks have nearly achieved their primary goal.

Politicians and Bankers are our enemies. As surely as if they were stood over us with a gun.

Edited by Dan1

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Makes perfect sense, if the purpose of this financial crisis is to destroy the US dollar, as the stable datum of planetary finance, followed by other national currencies, and replace it with a global monetary authority run directly by international bankers, free of any governments control.

There have been five 'bank wars' over the centuries. Each time a privately-owned bank or group of banks was legislatively chartered or authorized to issue money most of which was created by the bank out of nothing.

Certain politicians have stood against them. Most notably Andrew Jackson

Andrew Jackson, to a delegation of bankers discussing the recharter of the Second Bank of the United States, 1832

President Andrew Jackson's Veto of the National Bank Charter

A government can and should use 'fractional reserve banking, for the common good – but never should such economic power be delegated to private persons or their privately-owned corporations, which inevitably use such great economic power to corrupt the political system for their own benefit and to the disadvantage of all others.

[Not long after, In the UK, in 1844, The Government introduced the bank charter act, outlawing the practice, of private banks printing their own Bank Notes, as they inevitably printed too much for their own profit and destabilised the entire economy.

The Bank Charter Act stated that Banks are not allowed to print their own money. Only the BOE were allowed to print bank notes.

But there was a major loophole, because the bank charter act only outlaws 'printing bank notes']

Successive Criminal governments [hoodwinked by Keynesian economics, because of the power it gave them] have allowed the situation to get so out of hand, that now only 3% of money in the UK is coins and notes.

These 'Bank Wars' are ongoing, and the Banks have nearly achieved their primary goal.

Politicians and Bankers are our enemies. As surely as if they were stood over us with a gun.

Indeed. The bankers have killed every US President that stood against them. The last being Kennedy, because he had plans under way to remove the power of money issuance from the Federal Reserve and bring it back to the US Treasury.

However, w@ankers that they are, they are currently providing those in the know with the opportunity to make huge 'once-in-a-lifetime' profits, so by happy accident they aren't all bad in my book.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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