Thursday, April 23, 2009

Money is too important to leave to bankers

Look at this link: http://www.globalresearch.ca/PrintArticle.php?articleId=13241. It is IMHO the truth about dear Pres. Obama. Whether from stupidity or malice I do not know, but he has apparently given his blessing to what the author of this link considers the biggest swindle in known world history: the current wretched breakdown of Wall St.'s banking "thing" and government "bailout" of it. Hard to know how this is going to work out,  but nobody is showing any interest in the only solution that has any hope. This is the principle that will clarify everything, but when will we hear it from presidential lips? The principle is that true national sovereignty and the issuance of money require each other. Private banks now issue our (U.S.) money; THEREFORE private banks are sovereign in the U.S. With the known results: wreckage, take-over, onrushing poverty, serfdom, etc. Maybe that's what the bankers really want; in any case it is what we are going to get unless we take the public credit back for the public and let the banks do banking for profit. But NOT ISSUE OUR MONEY and lend it back to us at compound interest that can never be repaid 

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