Credit Crunch

[Blacknight]

I found this article interesting:

OK, if you don't know what the credit crunch is, here's a summary. Banks from about 10 years ago started lending out mortgages to poor people. I'm talking mortgages up to 10 times the yearly salary. Obviously it's become clear that these people are never going to pay it off, so the lending companies are going downhill, and the people are getting kicked out of their houses. This obviously leads to a huge downward spiralling effect on the US economy. Since all other world economies are tied to the US's, everyone goes down.

What you have to understand about this, is that banks and mortgage companies are not stupid. In fact, they are deviously clever. They would not do something stupid like lend out big loans. They know that the people are never going to give them a profitable return on the loans. This is undebatable. There is nothing you can question up to this point in my argument.

Now, here comes the conspiracy. Does the 10:1 figure ring any bells? Remember the Great Depression of the early 20th century. Everyone was investing in the stock market. I believe the quote was "anyone can get rich on the stock market". Well, they did, for a short period of time. These lenders were allowing people this margin, which allowed them to buy stocks worth 10 times what they put in. Sounding familiar?

We all know that this depression lead to the short-term death of the US economy. I remember the famous pictures of kids carting around mountains of dollar bills, because the currency was worthless. The inflation has become uncontrollable. People were lining up on the streets for hot drinks. The President implemented countless acts to repair the damage.

This is exactly what's going to happen to the US economy. You would think these intelligent bankers would learn from the Depression. Hell, it's hardly learning at all. It's common sense.

The US economy is soon going to feel deep depression, certainly worse than that of the Depression, since the US is now easily the world's superpower. It will be devestating. There will be a population of homeless, powerless, poor citizens living on the streets.

And my argument, is that this is deliberate.

The US runs on a Federal Reserve system. The Federal Reserve is a privately owned corporation. It is not federal or a reserve. It is a system whereby money is printed. This money is then loaned to the US government with interest. So the US government must continue to be in debt, whilst the big bankers get richer and richer.

This debt does not become repaid out of thin air. You are already taxed immensely, most noticeably by the ILLEGAL income tax.

Well now you're going to get thrown out of your houses and die.

These bankers exist for the sole purpose of enlaving the population and dominating Earth. They gain pleasure from your misery.

To finish with a quote from Woodrow Wilson, after realising what he had done by signing the Federal Reserve act during his presidency:

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."

Love and Light

Blacknight

www.newgrounds.com/bbs/topic/791391

[Deany]

nice post blacknight,

I agree, it is all very deliberate.

You can see the exact same going on in the Uk too, the Bank of England is also privately owned, our economy is also (deliberately) screwed.

if you go far enough up the money chain you will see one particular family who are pulling these strings from the shadows. They are not difficult to spot when we start looking at all this stuff.

Woodrow Wilson could not have been more right when he said "a few men"

I would say a few families though myself. (You could also use your !:10 number sequence to calculate the amount of families at the top of this chain too by the way ;-)

[STORMDANCER]

see what you make of this



Here's how the Loans Scam works

(And why you should NEVER feel sorry for Banks and so on)

(As simplified as I can make it, based on the work of Robert-Arthur: Menard, Mary-Elizabeth: Croft and (to some extent Winston Shrout and Irene-Maus: Gravenhorst), and John R. Dempsey of Sovereign Trust. I've just tried to reduce it to absolute fundamentals)

1) Banks: They take deposits. These are held in trust for the depositor. They must, by law, always be prepared to return any and all deposits back to depositors on demand. That's the LAW. They would not be able to do that if they were ever to lend out any money on deposit to anyone requesting a loan. They cannot, therefore, lend or invest anything entrusted to them. So the question is: Where do they get the money from, in order to loan it to you?

2) Loan Companies, Credit Card Companies, Building Societies: They don't take deposit money anyway (I'm talking about the 'older version' of Building Societies before they became banks. I'm referring to the way they would just issue mortgages. Their 'banking' activities are controlled as in (1), above). So the question is: Where do they get the money from, in order to loan it to you as a mortgage?

Leave that question pending for a moment.

3) What is a cheque? Paper, printing ink, somewhere you can hand-write a Payee, and Amount (in numbers and words), a Date, and somewhere to write your signature.

4) What is a Loan Application/Agreement? Paper, printing ink, somewhere a Payee will be written (the name of the Loan Company), somewhere for an Amount (in numbers and words), a Date, and somewhere to write your signature.

Read the rest here:

www.fmotl.com/LoansScam.htm

Storm x