Financial Warfare 2012: Boycott all Banks
The Credit Crunch is not some natural phenomenon but an all out assault by the Money Power. The solution is simple: quit their banks. To say this is irresponsible as it will worsen the crunch is ridiculous: propping up a system that only exists to enslave us is irresponsible, not disconnecting from it.
We have everything we need to shut this system down and start over in a realistic and equitable way.
We must force the hand of Government and Banking. They will never stop anyway and that’s why a Boycott is the only real way forward.
With Christmas and the New Year well behind us, the next round in the war of the Plutocracy against the West has been opened.
Downgrading European Nations leads to increasing borrowing costs for them and will further increase the tensions in the bond market.
The Money Power’s goals are obvious. It is not just the massive multi trillion wealth transfer that is under way. It is about bringing the West down a few notches. The US seems strong with a nominal $30.000 per capita GDP, but when the dollar devalues against the Brazilian Real and the Chinese Yuan things will quickly look different. It will also end cheap raw materials.
In Europe it is clear that the credit crunch is used to consolidate (fiscal) power in the EU. Once the Nation States surrender control over their budgets to Brussels, the pressures will quickly subside. Until the next crunch, of course.
Both developments, consolidating Europe and bringing the US down, are crucial in their march towards their global despotism.
The reason this crisis exists is because the banks, politicians, the media and economists are colluding in fooling the many into believing we need banks for our money supply. Most of them probably even believe this is true themselves.
They say we need the banks, because otherwise the real economy would have no money to trade with.
The banks are busted and as a result cannot provide new credit. And since people and businesses are paying off debt, the money supply, which is based on credit, is dwindling. As a result the economy is collapsing throughout the West.
Central Banks and Governments are supposedly bailing out the banks to keep them operational so that we can keep trading.
All this is complete and utter rubbish, of course. If banks can create credit, then we can too. That’s just common sense.
And if they create a multi trillion dollar fiasco, they should be closed.
Can you think of any other approach for any other organization that would mess up things so badly?
Just imagine: we are led to believe that we need to cough up trillions just to have a means of exchange. One that is completely paper/computer based. I.e., almost free of cost.
Banking is part of the Babylon Mystery and bankers believe we are still enthralled with their ‘fractional reserve banking’ sleight of hand.
And they are right. Although people are waking up, they still don’t get it.
A good example of this is the ‘take your money out of Bank of America’ of last October. Bank of America decides to rake in an extra 60 dollars per year with a silly fee. This upsets people.
While they are paying $300k interest over 30 years on their $200k mortgage. Which the bank created the moment they borrowed it. Meanwhile, 45% of our disposable income is lost to cost for capital included in the prices we pay for our daily needs.
Penny wise, pound foolish.
Coming to terms
Of course, it was a great step and absolutely fantastic to see people finally showing a little teeth. It just shows how hesitantly people are coming to grips with the reality of banking.
Boycotting the banks is the blindingly obvious approach. If somebody is enslaving you with interest and fractional reserve banking while destroying the economy by not lending why would you patronize his business?
But only few even within the Free Media are willing to accept this simple conclusion.
The fact of the matter is: many are still enthralled with the ‘magnificent edifice of international finance’, as Rothschild mouthpiece the Economist once called it.
And how about this: “The few who understand the system, will either be so interested from its profits or so dependent on its favors, that there will be no opposition from that class.” — Rothschild Brothers of London, 1863
Most people who are waking up are indeed trying to profit from the system and the crunch. Hence the popularity of ‘independent’ investor sites plugging their gold franchises.
How many of the people buying gold are hoping deep inside things will get worse and their gold/silver investment will make them rich?
One of the key reasons banks exist and why we are in the mess we are in, is because people are not looking at the system to reform it, they are looking for ways to move higher up the food chain themselves.
And this attitude does not only guarantee continued enslavement, it makes us accomplices.
In discussions I have with people about interest I often notice how strongly people will defend the rights of the lender. They will explain vehemently ‘capital will always expect a return on investment’. I wonder how many of these people are investors themselves. Or how rich they are.
My bet is, most of them are ‘poor’. In the sense that they belong to the 50% of Americans who own zero net assets.
So why is it that they are so enthralled by the excuses of the loan shark? Why are they not just saying: ‘this system is breaking my back because ‘capital wants a return’. What are we going to do about it?’.
Most people suffer from a paradoxical set of attitudes. They have a slave mentality, but they can’t bear the idea of being one. They believe the way to escape slavery is to enslave others.
This, at any rate, is my understanding of the implications of investing in Gold and explaining why we need interest.
All this is not meant in a vicious or negative way. It is just what I see happening. Knowing a little about man’s history and psychology it is understandable that we find ourselves in this mess. It is understandable that people think what they think. I used to share in this worldview wholeheartedly only a decade ago.
But it is clear that the Money Power stands to gain a lot from it. We are not going to get rid of it by hoping we will share in its rewards. We are not going to end slavery by explaining capital needs returns.
After all: how can lies liberate?
It is a lie to believe you or capital in general has a right to a return. Capital is soulless. Money doesn’t work.
You’re one of those, working for the ‘return on investment for capital’.
It is foolish to look at things from the perspective of capital. Only very few belong to the capitalist class and these people burn inside from avarice and lust for power. There is no reason to believe they are better off. That our salvation lies in becoming one of them.
The problem is that by not understanding money we have allowed capital, as a factor of production, to be the bottleneck in the economy. It shouldn’t be. Labor should be the scarce factor.
In a natural economy there would still be rich people. In fact, there probably would be more millionaires than today. The ultra rich would be far less wealthy, that’s true. Because their wealth is based on exploiting their control over the scarce factor of production.
Real wealth creation is based on producing useful goods and services. And when normal people can get abundant low cost financing, they will prove to be incredibly productive and this is the real way to prosperity.
And, of course, when people are no longer forced to compete with each other for scarce liquidity to pay off ever higher costs for capital, money and wealth will soon lose a lot of its attractiveness.
Most people will have other priorities than wealth creation when they have a solid and secure economic base.
It is unfortunate that there is still widespread misunderstanding about both money and our real problem with it.
People do not yet understand how pervasive the enslavement through interest really is.
That’s why they fall for the notion that Gold will solve our problems. But what does it matter whether we pay all this interest for Gold or for paper based credit?
The Money Power owns both and all the interest will end up in the same place.
The mind control of the rich, the social conditioning to accept the current order and its despicable ‘morality’, to defend it at the cost of oneself and one’s loved ones is very profound and pervasive in our beliefs. They are not easily uprooted, not even by the ‘Internet Reformation’.
In the mean time we are ignoring the real solution: interest free money. Either debt free, in the form of Social Credit, which would work out like a ‘Citizens Dividend‘.
Or interest free credit, through for instance Public Banking or Mathemetically Perfected Economy. Or why not even my own suggestion?
These solutions are real and we can implement them today.
We would no longer pay interest on a mortgage, which would also mean much lower rent. While paying 45% less for what we need. World Government would be dead and Big Business would face the competition of well and cheaply funded small business.
The reason we are not doing this is not only because Washington and Brussels are owned by the Money Power in the City of London.
The main reason is we don’t see the problem and therefore we miss out on the solution.
But in the mean time a new class of warriors is standing up. They are not waiting for reform on a national level, but are building their own currencies, actively attacking interest. Their aim is not a business for profit maximization, but to build organizations that serve the Commonwealth. Of course these organizations must be viable, but to become so sacrifices are necessary. Financing is difficult to come by. There is much disbelief.
But these people can look beyond these difficulties and their own narrow ‘self interest’. The truth is that humans need each other. The truth is that strong individuals should take their responsibility. Strong men should stand up for the little guy. The women, children and our elders.
Free markets exist for one second. Then they are taken. The choice is to let the bullies and their self serving liars take it, or to take it ourselves.
The technology for free market currencies, interest free, is available and everywhere around me I see people reading up on Interest Free Economics. Lietaer, Kennedy, Eisenstein, Brown, Greco.
In Germany dozens regional currencies are operated by dedicated individuals in small organizations. They are growing explosively, although they are still very small, of course. But they provide real liquidity to the real economy in both cities and the country side. More and more people are paying with them. They already turn over millions.
Another example is Bitcoin. Although it is built on the false premise that it must be a good store of value (instead of a good means of exchange) it does show the way: free internet currencies. These will become available, I’m certain some smart cookie is already programming it. Based on interest free credit. Or even just giving his units away for the public to spend into circulation.
This is an important part of the future. It may even be THE future, if Governments don’t clean up their act and take the monopoly back from the Central Banking cartel.
And until it does, it must be clear that we should not have one dime in that system. Every dollar we put in the banking system gives them a dollar income per year. Remember that. The system, through fractional reserve banking, multiplies your dollar by ten and takes interest over each of them. Real interest (including credit cards) are probably close to 10% and that means they make a dollar per year over every dollar you have in your account.
Remember that 40 years ago nobody had a bank account. Before then there were no computers and the banks couldn’t have handled the administration.
You don’t need a bank to keep your money. The whole idea is insane! Nowhere is your money more prone to abuse and risk than in a bank.
And you can keep an account, just keep its balance at almost zero.
Take the money out and force the FED to print ever more. Pay cash only. Liquidate all your paper assets, both to blow up the system and to minimize your own exposure to the implosion. Let them squirm and lie ever more transparently with every new bailout that they need to force upon us. Let them show their hand. We’re not going to ‘repay’ odious debt.
We’re not afraid. We don’t need them.
Let them eat cake.
The Problem is not Debt, it’s Interest
For Self Determination we need Free Currencies!
Mutual Credit, the Astonishingly Simple Truth about Money Creation
The Goal of Monetary Reform