The Economics of the Mad-House

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BankerRulersIn the lunatic asylums of the 18th and 19th centuries, those who went there, were disallowed from making contracts – anyone who studies law, will sooner or later learn about contract law, and the maxim that anyone entering into a contract must be of sound mind – in legal jargon, they must have “Capacity” – it is one of the basic tenets.

Capacity is granted to any person over the age of majority – 18 in the UK, ( and which varies from country to country) but must be of “sound mind” and not under the influence of any substance that reduces that capacity – alcohol and drugs being cases in point.

Since the whole of the capitalist world is based on this premise, economics is therefore based on these principles. Contracts entered into by people of sound mind. Free to enter into them, and free to choose at what price. The so-called “Price discovery mechanism”. This therefore is by reason of logic, and of course they must have the wherewithal to exchange for the service or product rendered – a “Quid Pro Quo” – something of value, for something of value.

Central Bankers, who create currency out of NOTHING BUT INK AND PAPER or worse, KEYSTROKES ON A COMPUTER, can use that currency to buy bonds, or other assets that yield an income, and can use that ink and paper (or digits) to indebt the rest of us (taxpayers) and the government. Politicians can borrow that currency, to indebt our children, and grandchildren. There are times – usually of war – when having that capability is a necessary evil, but when certain people create a situation, that ensures we are in a perpetual state of war – a war of religious idealism set against another religion then we need to undo this capability.

How did they create such a situation? Well anyone who has heard the name Jess Ventura, may have an inkling. Jesse Ventura, stage name of James George Janos, is an investigative journalist, but he is also a former U.S. Navy Seal, former wrestler, actor, political commentator and 38th Governor of the State of Minnesota. He now investigates conspiracy theories for a major TV Network. In one recent episode, he looked into the so-called 9/11 conspiracy, and reached the conclusion, that the puppet-masters who pull the strings in U.S. politics – those behind the scenes, actually wanted to cover up who was really behind the events of 9/11… Structural engineers, fire-fighters, survivors, rescue workers and FBI agents all made contributions that the commission report into the 9/11 events were false. The flight data-recorders which were supposedly not found, actually were. One eye witness reported seeing one, and others reported to him, that the others were seen. The steel structure which was designed to withstand 1100° Celsius, melted, and both towers, and building 7, adjacent to the towers, all collapsed vertically, as would be normal in a controlled demolition. A scientific study found evidence of explosives, which were likely to have been painted onto the steelwork. In another report on BBC, which reported that building 7 had fallen, the building was actually shown in the background of the reporter, in a supposedly live video link.

This and other facts convinced him and I, that 9/11 was a “False Flag” event, to ensure that those who pull the strings – think Bankers, Military figures, Oil men, and Political figures, all colluding to bring the U.S. public to such a pitch, that the constitution and its amendments, could be overturned. In other words, two planes were flown into the towers, and the adjacent building, were demolished to provide the precept to bring in The SOPA, Act, and other Acts that meant that the republic is now not what was intended. A coup d’état has been carried out, so that the real directors of U.S. foreign policy could get their way. The ends justify the means, seems to be the policy.

And the ends? To allow unrestricted spending on military, to fund the wars that were now in train to create the surge in oil prices, that would allow fracking back home, and make it profitable for those same oil barons, but also, it would destabilize the middle-east for decades leading to unlimited spending for America’s military industrial complex. Eisenhower warned of the potential corruption of the military-industrial complex, in his final farewell speech, and is credited with coining the expression, and it’s what JFK tried to fight, before he was eliminated. Ronald Reagan had an attempt on his life, almost 35years ago this week, for similar reasons, because of his attempts to rein in the Bankers and their cronies in the shadows.

According to one source, GHWB, father of George Dubya, an ex-CIA man, was at the centre of these events including the death of JFK. Of course, Bush snr., was Vice President, at the time of Reagan, and like LBJ was ready to take power in the event of the President’s demise.

But we have a problem. Savings in Banks are a liability for the Bank. When Central Banks print currency, and essentially give it to the Big Banks – JPM, GS et-al, at zero per-cent, those Banks (who are also the owners of the Fed) get to make a six per-cent return on their ownership of that Central Bank. And the population and their children, get to pay.

Capital is essentially savings, and those savings are loaned out to others – bearing interest, but savings have been going down for the last thirty years along with interest rates. Except in Pensions companies, where they have been accumulating, and now those stocks are being put up for sale.

The Poem below, explains why Central Bankers, and the Bankers, and Politicians that feed off them, should go…And in its place, we need a sound money system, where Gold and Silver are money, freely exchanged – value for value. And interest should neither be compounded, nor above nominal rates. Interest paid is the price of forgone consumption. Savings form the capital, that we use to build new businesses, not the output of some central banker’s printing press, that they then charge interest to the government on, who then tax us to pay for their spending plans, and bribes to an ill informed electorate.

Hang them all, perhaps we should be shouting from the rooftops, squares, and courtyards. The revolutions of France and the New Republic, were to slough off the coats of politicians, monarchs and Bankers feeding at the trough, with their noses in the deepest, and the politicians behind.

If you don’t understand it, you have my sympathies. If we don’t undo this wrong, the future will not be as you hoped for.

The Gods of the Copybook Heading

As I pass through my incarnations in every age and race,
I make my proper prostrations to the Gods of the Market Place.
Peering through reverent fingers I watch them flourish and fall,
And the Gods of the Copybook Headings, I notice, outlast them all.

We were living in trees when they met us. They showed us each in turn
That water would certainly wet us, as fire would certainly burn:
But we found them lacking in uplift, vision and breadth of mind,
So we left them to teach the gorillas while we followed the march of mankind.

We moved as the spirit listed. They never altered their pace,
Being neither cloud nor wind-borne like the Gods of the Market Place;
But they always caught up with our progress, and presently word would come
That a tribe had been wiped off its icefield, or the lights had gone out in Rome.

With the hopes that our world is built on they were utterly out of touch,
They denied that the moon was stilton; they denied she was even dutch;
They denied that wishes were horses; they denied that a pig had wings;
So we worshipped the Gods of the Market who promised these beautiful things.

When the cambrian measures were forming, they promised perpetual peace.
They swore, if we gave them our weapons, that the wars of the tribes would cease.
But when we disarmed they sold us, and delivered us bound to our foe,
And the Gods of the Copybook Headings said: “Stick to the Devil you know.”

On the first feminian sandstones we were promised the fuller Life
(Which started by loving our neighbour and ended by loving his wife)
Till our women had no more children and the men lost reason and faith,
And the Gods of the Copybook Headings said: “The Wages of Sin is Death.”

In the carboniferous epoch we were promised abundance for all,
By robbing selected Peter to pay for collective Paul;
But, though we had plenty of money, there was nothing our money could buy,
And the Gods of the Copybook Headings said: “If you don’t work you die.”

Then the Gods of the Market tumbled, and their smooth-tongued wizards withdrew
And the hearts of the meanest were humbled and began to believe it was true
That all is not gold that glitters, and two and two make four —
And the Gods of the Copybook Headings limped up to explain it once more.

. . . . . . . . . . . . . . . . . .

As it will be in the future, as it was at the birth of man —
There are only four things certain, since social progress began: —
That the dog returns to his vomit and the sow returns to her mire,
And the burnt fool’s bandaged finger, goes wabbling back to the fire;

And that after this is accomplished, and the brave new world begins
When all men are paid for existing and no man must pay for his sins,
As surely as water will wet us, as surely as fire will burn,
The Gods of the Copybook Headings with terror and slaughter return!

————————————————————————-

And if you want to know, why the Bankers need you, but you don’t need Bankers, then watch this video.

 

As long as Energy (which is a substitute for YOUR labour and time) can be metered and charged to you, then you need money, but if you can create FREE, or almost FREE energy, then your labour and time can be used to produce wealth for yourself and others…

Read up on Serbian technologist, and maverick scientist – Nikola Tesla  (you know the name, but perhaps in another context) competed with Guglielmo Marconi, who made many revolutionary ideas in the field of Electricity and Energy, but died a pauper due to those who control the purse strings who now control the world. John Pierpont Morgan, of JP Morgan-Chase fame who with others, set up the Federal Reserve, and created the monster it has become. The behemoth that has its tentacles in every other Central Bank: ECB, BoJ, BoE, the IMF, the World Bank, the U.N., the Trilateral Commission, the Bilderberg Group, the World Economic Forum, The Council on Foreign Relations of America and who through its political hirelings, is about to introduce financial totalitarianism.

WHAT? I hear you ask… When EVERY transaction you make is on a computer somewhere, and the government knows how much money – sorry currency – you have they can introduce taxes on every purchase to pay back the debt on the currency conjured up out of thin air these last 100 years, and you will be economic slaves. When the government can decide who can purchase what, deny you access to your bank account, force you to pay by card, and not by any other means, all supposedly to fight the terrorism, that 9/11 ensured, and impose negative interest rates, then we have Soviet or Fascist style Totalitarianism, leading to war like WWII, in which up to 70 million people in total died.

And the EU, controlled as it is by Bankers, is on the point of disintegrating – Yanis Varoufakis in an interview on BBC on 31th March, laid out what will happen if the EU is not democratised.

He speculated that an area centred around North Eastern Europe – will head into a recession as their currency strengthens, and the latin countries together with Greece and Ireland, will lapse into an inflationary depression as their currency depreciates. Britain, whether in, or out will fall into this abyss.
If we fail to address these issues, we will head inexorably towards a third world war.
There are always three stages to war. First we have currency wars – such as happened since 2000 with a fight to devalue.
Next we have Trade wars – such as with China Steel dumping, and cries of foul.
Then we have hot wars, when finger-pointing gives way to forcible admonitions.

You have been warned.

You can read a little about this Here…  and Here…

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