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|User Info||Greece Troika: Idiots Galore In The Markets; entered at 2011-06-03 12:17:51|
Registered: 2009-02-28 DFW, Tx
Who is We Lrombes? Did you sign any notes? I didn't sign any notes. Banks and governments are *****s and pimps getting together to fleece as much money out of the non-*****s and non-pimps as they can get. They do a dance and when the people can't pay, the government shows up with paperwork and guns and takes from them. IN the meantime, bankers help the government extract money from the economy in return for a lien on the assets of the people. Government has a party and serves dinner 7 days a week, on the house for the bankers. Government can't pay, bankers find someone to wage war. Bankers can't pay, they extort the government into bailing them out. |
Banking is unconstitutional in the US. It is the endowment of a title of nobility, especially if the banker is incorporated. Is there any other scam in the world where you have to pay me, but I don't have to pay you? A banker can owe 20 to 30 times what he can pay and it constitutes such a massive amount of the national assets that he can get bailed out. This is because they are allowed to invent money they don't have. We are only allowed to play on the other side of their balance sheets.
Banking is the ultimate accounting scam, as the banker owes what is owed them. It isn't even borrowing money to lend money, but the opposite, lending money and borrowing back the proceeds. What a scam. How rich could I get if I loaned money at 7% and controlled a system where I got it loaned back to me at 3%? I would be like a 25 year old on viagara in a room full of 19 year old nymphos. I can even spend all the money I borrow because it also comes back interest free and get the government to pretend and extend for me to cover up the vacuum.
I think it was Henry Ford, but someone guy in his time said that if 1 out of 5000 people in the US understood how banking worked, there would be a revolution come sunrise. I probably have the numbers wrong. But, it is the only scam in the world where if they can't give me what they owe me, I owe them and if I can't give what I owe them, they take my property.
The only way to get out of this mess is to change the system. There can be no state endowed system of credit that also provides for guarantees of principal to depositors. Lending should be 100% at risk and no leverage. The system could be fixed in no time, if we only cut out the losses in the system and wiped out the capital of those that have lost it through leveraged lending. Banking, as it exists today, which is in the form of a total fraud/ponzi operation, would not exist going forward. People and corporations couldn't lend their money and have it too and one would either choose to hold cash balances or have their money loaned out without access to it. The best form of the later would probably be some kind of shares that are marketable at $1 par or some other figure, kind of like a MM fund. Accumulate and dump and all the other pump and dump schemes would be limited.