Have you ever noticed that the Left always seem to have money? They never seem to be in need of financing their next media event, the next Presidential candidate (or two or three at the same time), the next lawsuit against …you-name-it. For all of their activities, they seem to have plenty of money for spending billions Recalling Gov. Scott Walker of Wisconsin…or suing cities and towns over simple Christmas manger scenes. From big issues like electing Obama or a “Republican-Who-Differs-Not-At-All-from-Obama” to Gay books in local libraries, the Left has no problem coming up with the money.
Do you know “How” the money machine actually works?
Actually, there is no true money involved. It is debt "money." Recall “Federal Reserve NOTE” (a Note is a Debt instrument). Debt is something a person can owe…and owe …and owe… The “owed potential” is infinite. You could owe a thousand… a million…a billion, theoretically. Governments aren’t hampered with the “theoretical”. They create debt money and debt credit (this is NOT real credit, in the historical/economical uses of the term). This means a bank can (and does!) create a “debt credit’ without loaning any asset.
The financing involved is also directly responsible for the financial implosion of the United States economy. Needless to say, if such “infinite financing” is the case, then the historic American way of life: 1) the Constitution and Bill of Rights, traditional family values, Laissez-faire economy and 2) the Christian Church: its Gospel, morality, worldview and Great Commission … are all standing in harm’s way.
If there is any semblance of “infinite financing” available, then the Left – and all groups associated with its objectives, aims, and methods – can be supplied with funding for legal action, labor union activities, picketing and demonstrations, administrative salaries for officers, publications in all forms of media (particularly funding for Television, radio, Internet, mailings, social media, etc.), institutional funding (schools, research grants, charitable donations, front groups, illegal activities, underground activities, activists of all sorts, advertising, propaganda, authored books and articles, purchases of stock for ownership/control of companies, banks, financial institutions, law schools, “think-tank research groups”, foundations, medical schools, funding of political candidates at all levels). churches, denominational bodies, international bodies (United Nations comes to mind), etc.
Groundwork and Understanding toward the Explanation of the Problem
Let’s clear the air. Only God is truly infinite in character (Psa. 147:5). Given that, we state: The central bank of the United States, the infamous Federal Reserve Bank, is allowed legally to grant special privileges to create wealth ex nihilo (“out of nothing”) to its banking industry. Those privileges include monetization and securitization and protection for the “hit men” of the banking industry: the debt-collection industry.
A Picture is Worth a Thousand Words
Why not illustrate the “toxin” responsible for the somewhat sudden implosion of the economic infrastructure of the United States. Job loss, business shut-down, inflationary spirals, erratic financial markets, misleading price structure, record bankruptcies, massive investment losses for millions…and, yes, millions of foreclosures. The structure of the division of labor is imploding. But, it is impossible for the structure of the division of labor to implode…unless something very toxic (economically toxic) yet common to the whole market affects all of the economic infrastructure. That “common” element is the bloodline of the economy: “money and credit”…but only debt money and debt “credit”. Such debt money/credit is to true money/credit what a harlot is to the true wife. Both may make the same claims: but one is a complete fraud.
A Question for You to Answer
If you need $50 and I have $100 in my pocket …and I loan you the $50 you need, how much do I have left in my pocket? You say, $50. That’s the correct answer IF this were an honest loan. So, how is it that the banks, upon “loaning” credit have $150 now in their “pocket” (assets)? You read that right. If the bank has $100 and “loans” you $50, they record assets as $150 now. They did NOT loan you a thing. They gained wealth: $50 on their books.
.jpg)
If what you just read is true, they have just created wealth out of thin air (monetization). And just as practically, the mechanism that allows them to create the new $50-, allows them to create as much as they wish over time. They only need to worry about inflation causing an outcry against them …and lawsuits (which REALLY worries them to the point they will not allow a court to see their ledgers and they will spend thousands to keep a foreclosure case from going to a jury). Such lawsuits expose the process of the fraudulent credit “loans” (hence the Property Securitization Analysis above).
But, you reply, “I got “credit” and used it for buying $50 worth of stuff. So, if they didn’t loan anything to me, how did I get those things?” The answer: Fraud works…until caught. Fraud is at work. If what I just wrote is the case, then the Bank gave you a purported “loan” and ADDED an (created) additional amount to its assets by the amount of the “loan”. Now, if you were a President (without a legitimate birth certificate: Note how his fraud has worked, until caught!) and you were surrounded by bankers of the Federal Reserve, wouldn’t it make sense that you would want to “loan” the country a “Stimulus” amount of several Trillion …SINCE the banking industry, who put you in office, pockets the added trillions created (AND then keeps the lion’s share of the “loaned” stimulus money too, as Congress found – and did nothing about).
Now, read the following facts about that Property Securitization Analysis Report:
1) The Report showed 15 CUSIP numbers (specially assigned numbers that track buying and selling of financial instruments worldwide) in the last several years on the property. In other words, the bank(s) were selling the alleged Note on the house to others on Wall Street during ALL THE YEARS the owners were living in the house (long before any foreclosure was in view) … and sold it 15 times. Let me see. That would be about 8 million dollars, without the owners even knowing it. The owner was NOT in foreclosure while this was happening!
2) The Report showed that the Bank suing the owner in foreclosure was demanding payments for a home the Bank had no right to take and was not legitimately a party to the suit (had no legal claim to the home, no legal assignment whatsoever).
3) The Report shows the alleged fraudulently obtained note was “bifurcated” from its Mortgage, which Mortgage was held by yet another Bank not listed in any way in this case. That means the Mortgage and its Note have been separated and sold to different entities. NOTE: the Mortgage legally, must be kept with the Note. Without them both, no bank can collect the house.
4) Both the Mortgage and the Note, now separated, were “converted” into interest bearing financial instruments (“securitization”, otherwise known as “magic”).
5) The Report showed that the alleged fraudulently obtained Note was not only monetized but securitized, sold and resold AND CONVERTED INTO COMMON STOCK. Thus, the Bank(s) in question are guilty of the criminal act of “double-dipping” as shown by affidavit in the Report.
Key: See how lucrative the practice of monetizing and securitizing really is? One house provides 15 times the money in payments to various banks. These financial instruments are then bundled in batches of thousands and sold to Mutuals and other investors worldwide. THEY, in turn, use such fraudulent “bundled claims” as assets showing “strong” balance sheets, helping them attract investors and financing. Such bundles also are sold to others as well, being that they are now valuable assets independent of the payments on the home.
Debt and Credit Myth: “No bank ever lends its deposits”
According to Federal Rules of Evidence (Self-Authentication) 902(1), (5), “Any document bearing a seal purporting to be that of the United States” is automatically admissible evidence. Therefore, the following is legal evidence, being a document produced under seal of the United States House of Representatives.
In the publication “A Primer On Money, Subcommittee on Domestic Finance, Committee on Banking and Currency, United States House of Representatives, 88th Congress Second Session, August 6, 1964”, p.19, Congressman Pattman wrote:
“Imagine there is only one bank in the country and that it has two private depositors, each with $50 in his checking account. Total bank demand deposits would then be $100. Suppose John Jones asked for a $50 loan from the bank, and the bank approved the loan. The bank would then lend the money to Jones by simply opening a checking account for him and then depositing $50 in it. This is what happens when anyone – business or private – borrows from a bank. The bank deposits the amount of the loan in the relevant checking account.”
The Primer then states: “In making the loan to John Jones, the bank did not reduce anyone’s previous bank balance. It simply credited the Jones account with $50. The total amount now held in bank demand deposits now becomes $150. The bank has therefore, issued $50 in checkbook money.” (NEW credit creation – “debt credit”, the fraudulent harlot who has us all deceived that she is legitimate.)
The Primer concludes: "The natural question to ask is, where does the bank get the additional $50 to issue and lend to Jones? The answer… is that the bank did not ‘get’ the money at all. Money has been created."
“Alleged Credit”: Three Myths Dispelled
1. “Myth 1: The bank loaned you real credit.” Wrong: Jones did not ask for a checking account. Jones asked for a loan. What the banks do today in mortgage “loans”, "credit cards", and others is to take your alleged debt agreement and convert it into a negotiable instrument, while creating a Demand Deposit on their ledgers. Demand Deposits are checking accounts. Each time you pay on mortgages or credit cards, you are replenishing your own Demand Deposit (Checking) Account. The banks “loaned” nothing out of their own assets. That is monetization. Then they securitize the note, selling what they’ve created over and over. That is the incentive for the banking industry. They make anywhere from 10 to 30 times the value of the “note” they created out of thin air (fraud), and not from their own assets.
2. Myth 2: The bank invested in you and gets paid over the 30 years to fully reap its investment, all the while keeping your note safely in its vault. Wrong: A bank converts your paper and sells it as a security. It is sold on the massive Securitization Market. Put simply, the banks got paid by selling your note legally, but fraudulently! They also get paid by selling the mortgage document too. Both are bought and sold.
Let that sink in. The banks got paid on the Open Market. In an honest system, if you had a debt and I paid it FOR YOU, the law recognizes you owe nothing. Thus, the supreme courts of several states have declared that “’Foreclosure’ has no standing in our courts.” Why? Because the bill is paid (if there was a legitimate bill to begin with).
Banks create Demand Deposits (DD). No credit is ever loaned. Each payment you make is replenishing the DD you were “given”. Since they have already been paid, why require further payments, while charging interest too? Thus, they are getting 3 payments for the price of one:
- They sold the original paper, after they “converted” it through a trust agreement authorized by the Fed. This is the payment very few people know anything about. If so, you should owe nothing. The “debt”, if there was one, has been paid.
- They are paid by you for alleged “credit”, which they never “loaned” in the first place.
- They are paid on top of that payment in interest. The first 10 years or so pays only the interest first on a 30 year mortgage, for example.
3. “Myth: The bank lent its own assets.” Wrong: The bank never used its own assets. It never loaned anything. In honest loans, banks would take money out of their own assets and loan it to you, affecting their Owners Equity. Today, they do not do that but only credit the DD…created as a liability owed TO YOU, its alleged debtor!
The banks will not allow their ledgers to be examined in court because they didn’t loan you anything. If you did bookkeeping this way, you would be charged with “cooking the books.” They’re not charged criminally. Judges won’t allow it.
Inflation shows up, eroding purchasing power in addition to the “3-Pay System”:
Debt: You lose by paying 3 different ways on one alleged debt.
Debt: You lose by the hidden tax of inflation
Loss: You lose your job. Businesses fold because inflation disrupts markets, “capturing all the laws of economics on the side of destruction”, as Keynes wrote. (Taxes increase, government cannot keep up on prices).
“The Bankers Manifesto of 1934”
“Capital must protect itself in every way, through combination and through legislation. Debts must be collected and loans and mortgages foreclosed as soon as possible. When, through a process of law, the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of wealth, under control of leading financiers. People without homes will not quarrel with their leaders…” (Emphasis added here).
Inflation is the Result
John Maynard Keynes (pronounced "Kanes") was a self-avowed socialist who served as economic advisor to presidents, prime ministers, and even dictators. He explained the negative effects of inflation on page 235 of his book "Economic Consequences of the Peace": "By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some. The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million can diagnose."
Alan Greenspan, former chairman of the Federal Reserve, explained inflation in his "Gold and Economic Freedom”:
“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or gold and thereafter declined to accept cheeks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.”
Inflation Finances Tyranny through Debt Theft. The only logical value for Keynes’ views is Keynes’ own explanation: By using this hidden tax called "inflation," "that not one man in a million can diagnose", governments and bankers are able to secretly confiscate the people’s wealth by devaluing people’s assets (pension accounts, saving accounts, insurance payments), decreasing the purchasing power of paychecks, stocks, bonds.
The bankers and their debt collector allies will keep plundering. Why not? Who’s stopping them? Either Americans legally repudiate debt-money and “debt credit”, returning to honest money or America will live in tents, as the rapacious, privileged few gain power through the politico-economic “engineered deceit” called inflation.
-submitted by Wayne C. Sedlak, ICHR
A Warning from History
2. Jonah and the threat of “40”
3. 1973: Roe v. Wade and 2013… 40 years is almost upon us
Comments(1)
My husband, Wayne Sedlak, was recently gifted his grandma’s Bible. He treasures it as he does her memory. "Ma" as she was affectionately called, was a simple woman who loved her Lord deeply and attended church services regularly."So we need to ask ourselves the following question; what is it that will keep us from Church and worship this Sunday or any Sunday? Perhaps it should be asked from the other side, What is our reason for attending worship this Sunday? The answer is crucial to the real meaning of who we are. Stand up for Freedom. Stand up for America. Stand up for going to church. Stand up for Christ. Stand up for God. Remember- God is Supreme! True freedom can only be found in Him. Therefore, let us exercise that freedom!’
We are looking at what is called a Property Securitization Analysis Report. This is a document prepared by a professional auditor (usually working for attorneys) in preparation for documents used in courts litigating financial/property issues. This Report shows many issues of fraud in our money and banking industries. This document is used in a foreclosure battle proving over 50 issues of bank fraud and their surrogate “debt collector” industry. But it also reveals the mechanisms involved in the creation of financial resources.
I would gain control of the most powerful nation in the world;
.jpg)
