The whole of not just American life, but the lives of those in the West, is predicated on cheap energy, and lots of it. Energy is a substitute for human Labour, so its cost and value, should reflect the human labour required to produce it, and of course the cost of wages that is provided by that labour. But, when you have a political and economic system, that means that SOME people can get that capital essentially at ZERO cost, because they have access to the printing presses that the major Central Banking institutions provide, you skew the system, and not in a good way.
The US is spending more than it produces, and using fraudulently produced currency, to pay the difference…
In 2007, Agora Finance stated:
“Our current military adventures in the Middle East, are predicated largely on keeping the old arrangements going. We’re in Iraq because we built Dallas, Atlanta, Orlando, Houston, Phoenix, Los Angeles, and Long Island the way we did, and the only way we can hope to keep these organisms going even a little while longer is to keep open our oil supply line to the Persian Gulf. The truth is, these organisms will not survive the oil-scarcer future in the form they’re in. The American people need to come to grips with this. No amount of chest-thumping around the globe will change it. In any case, sooner or later we’ll exhaust our military and bankrupt ourselves trying to project our influence into these places overseas – meaning, sooner or later we will withdraw back into our own hemisphere. I wonder if Wolf Blitzer of CNN will ask any of the candidates, what happens then?”
“A basic rule of reality is that you can’t get something for nothing. Sooner or later the financial sector will have to come to grips with this rule, meaning that that debt is not wealth and the revolving reallocation of debt in the form of credit does not amount to wealth creation.”
Of course the money that these Bankers create, funds the political processes that promote the interests of Capital over Labour, when in reality, Capital is inert. It is only when combined with Labour, that it can generate wealth. The trouble is, those in power for the last 40 years, have duped the rest of society, and I count myself amongst them, into believing that only by enabling and protecting the rights of capital, can we have a just society, and a bustling economy. I now realise that it was just a ruse, so that the Bankers could dominate the planet… WE are ruled by the Bankers
QUOTES ON BANKING AND THE FEDERAL RESERVE
“By this means government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.”
– Lord John Maynard Keynes, “Economic Consequences of Peace”
“The eyes of our citizens are not sufficiently open to the true cause of our distress. They ascribe them to everything but their true cause, the banking system; a system which if it could do good in any form is yet so certain of leading to abuse as to be utterly incompatible with the public safety and prosperity.”
– Thomas Jefferson
“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented.”
– Major L.B.Angus
Congressman Patman: “Mr. Eccles, how did you get the money to buy those two billions of government securities?” Eccles: “We created it.” Patman: “Out of what?” Eccles: “Out of the right to issue credit money.”
– Testimony of Marriner Eccles, Chairman of the Federal Reserve Board, before the House Banking and Currency Committee, 1941
“Every circulating Federal Reserve Note represents in actuality a one dollar debt to the Federal Reserve system.”
– Money Facts, House Banking and Currency Committee
“Every Congressman, every Senator knows precisely what causes inflation…but can’t, won’t support the drastic reforms to repeal of the Federal Reserve Act because it could cost him his job.”
– Robert A. Heinlein, Expanded Universe
“Every effort has been made by the Federal Reserve Board to conceal its powers, but the truth is that the Federal Reserve System has usurped the government. It controls everything in congress and it controls all our foreign relations. It makes and breaks governments at will.”
– Louis McFadden, Chairman of the House Committee on Banking and Currency
“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power of money should be taken away from the banks and restored to the people to whom it properly belongs.”
– Thomas Jefferson
“If all the bank loans were paid up, no one would have a bank deposit, and there would not be a dollar of currency or coin in circulation. This is a staggering thought. We are completely dependent on the commercial banks for our money. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money, we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp upon the picture, the tragic absurdity of our hopeless position is almost incredible – but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it is widely understood and the defects remedied very soon.”
– Robert H. Hemphill, Federal Reserve Bank of Atlanta
“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.”
– United States Senator Barry Goldwater
“The financial system has been turned over to the Federal Reserve Board. That board administers a finance system by authority of a purely profiteering group. That system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money. This (Federal Reserve) Act establishes the most gigantic trust on Earth. When the president signs this bill, the invisible governments by the monetary power will be legalized. The people may not know it immediately but the day of reckoning is only a few years removed, the worst legislatives crime of the ages perpetrated by this banking bill.”
– Charles A. Lindbergh, Representative, MN
“Some people think the Federal Reserve Banks are the United States government’s institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers.”
– Congressional Record 12595-12603 June 10, 1932
“The issue which has swept down the centuries and which will have to be fought sooner or later is the People vs. The Banks.”
– Lord Acton, Lord Chief Justice of England, 1875
“The central bank is an institution of the most deadly hostility existing against the principles and form of our Constitution. I am an enemy to all banks discounting bills or notes for anything but coin. If the American people allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.”
– Thomas Jefferson.
“The Federal Reserve Banks are not federal instrumentalities.”
– Lewis vs. United States 9th Circuit 1992
“The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the International bankers.”
– Congressman Louis T. McFadden
“The Federal Reserve bank buys government bonds without one penny.”
– Congressman Wright Patman, Congressional Record, Sept 30, 1941
“The few who understand the system, will either be so interested in its profits, or so dependent on it’s favors, that there will be no opposition from either class.”
– Rothschild Brothers of London, 1863
“The regional Federal Reserve banks are not government agencies. …but are independent, privately owned and locally controlled corporations.”
– Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982
“This Federal Reserve Act establishes the most gigantic trust on earth. When the President Wilson signs this bill, the invisible government of the monetary power will be legalized. The worst legislative crime of the ages is perpetrated by this banking and currency bill.”
– Charles A. Lindbergh, Sr. , 1913
“The Federal Reserve is answerable to no one.”
– Ronald Reagan
“You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out. If the American people only understood the rank injustice of our money and banking system, there would be a revolution before morning.”
– Andrew Jackson
“When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money.”
– “Putting it Simply”, Boston Federal Reserve Bank
“We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks. They are not government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers. This evil institution has impoverished the people of the United States and has practically bankrupted our government, and it has done this through the corrupt practices of the moneyed vultures who control it.”
– Senator Louis T. McFadden, Chairman US Banking & Currency Commission
“The principle we must keep in mind is that two people cannot both be the exclusive owner of the same thing at the same time. Yet fractional reserve banking operates on the theory that bank account holder A and borrower B can both own the same money at the same time. This practice is just as fraudulent as selling two buyers the same vacation home and giving them both exclusive title to the home, hoping that they don’t both show up to use it the same weekend. With fractional reserve banking, titles to money (gold) are spuriously created, meaning there are more titles to property than there is actual property. In fact, no new money is created, but the number of titles to existing money is expanded. And it is in this manner that the value of the dollar is diminished.
In the absence of a gold standard, the crime is exceeded today to the point of absurdity, as only titles themselves are traded with no tie to any real property whatsoever. We have been swindled.” – Unknown
“We shall have world government whether or not you like it… the only question is whether or not it be by conquest or consent.”
– James Warburg, Rothschild Banking Agent, 1950
“If the American public knew how the money system really worked, I believe we would be chased down the streets and strung up before morning.”
– Henry Ford
“There are two methods or means, and only two, whereby man’s needs and desires can be satisfied. One is the production and exchange of wealth; this is the economic means. The other is the uncompensated appropriation of wealth produced by others; this is the banking and political means.”
– Albert Jay Nock
“All the perplexities, confusions, and distresses in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit, and circulation.”
– John Quincy Adams
“Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen,(or Switch [Ed:]) they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in. But, if you want to continue to be the slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit.”
– Sir Josiah Stamp, President, Bank of England (2nd richest man in England)
“But if in the pursuit of the means we should unfortunately stumble again on unfunded paper money or any similar species of fraud, we shall assuredly give a fatal stab to our national credit in its infancy. Paper money will invariably operate in the body of politics as spirit liquors on the human body. They prey on the vitals and ultimately destroy them. Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.”
– George Washington in a letter to Jabez Bowen, Rhode Island, Jan. 9, 1787
“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.”
– James Madison
“I am afraid that ordinary citizens will not like to be told that the banks can, and do, create and destroy money; and they who control the credit of the nation direct the policy of governments and hold in the hollow of their hands the destiny of the people.”
– R. McKenna, Chairman, Midland Bank London (Now part of HSBC. [Ed.])
“We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.”
– Winston Churchill
“If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he didn’t have, as banks can do. Only commercial banks and trust companies can lend money that they manufacture by lending it.”
– Professor Irving Fisher, Yale University, in his book “100% Money”
“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. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists tirades against gold. Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.”
– Alan Greenspan, Gold and Economic Freedom
“It is absurd to say that our country can issue 30 million dollars in bonds and not 30 million dollars in currency. Both are promises to pay, but one promise fattens the usurer and the other helps the people”.
– Thomas Edison
“The actual process of money creation takes place primarily in banks. Bankers discovered that they could make loans merely by giving their promise to pay, or bank notes, to borrowers. In this way banks began to create money. Transaction deposits are the modern counterpart of bank notes. It was a small step from printing notes to making book entries crediting deposits of borrowers, which the borrowers in turn could ‘spend’ by writing checks, thereby ‘printing’ their own money.”
– Modern Money Mechanics, Federal Reserve Bank of Chicago.
“The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.”
– Abraham Lincoln
“Money is not based on gold anymore; money is only an idea. Ideas are not scarce. There should be no shortage of money to lubricate the gears of commerce any more than there should be a shortage of imagination. Today money is created on computers and paper, and since it is so easy to create, no one should have a right to charge interest on its creation. Yet, that is what the Federal Reserve System does – loans money to the people, charges interest on it, and puts the working public into debt just for being given permission to build for itself its own prosperity.” –
“Neither paper currency nor deposits have value as commodities, intrinsically, a ‘dollar’ bill is just a piece of paper. Deposits are merely book entries.”
– Modern Money Mechanics Workbook, Federal Reserve Bank of Chicago, 1975
“Permit me to issue and control the money of a nation and I care not who makes its laws.”
Mayer Amschel Rothschild, founder of the Rothschild international Banking Dynasty, 1790
“The youth who can solve the money question will do more for the world than all the professional soldiers of history.”
– Henry Ford Sr.
“There is no more direct way to capture control of a nation than through its credit and money system.”
– Phillip A. Benson, President of American Bankers’ Association, 1939
“We fix the price of gold and silver to make them valuable or not.”
– J. P. Morgan, in a letter to his son
“Our goal is gradually to absorb the wealth of the world.”
– Cecil Rhodes, “The secret banking cabal”
Watch a little bit of history here…
But that doesn’t tell the whole story… THAT is told here below…
The Bankers finance the Oil business, and OIL is where the problem is. It takes HUUUGE amounts of capital to find, drill, capture, transport, crack into its distillates, and deliver that distillated fuel to thousands of locations across the west so that vehicles of all shapes and sizes and their economies can run.
And the solution is in that last video…
Former President Barack Obama asked Americans in an Oval Office address to accept that the United States is running out of places to drill for oil. President Obama said in his first live televised address from the Oval Office that:
“For decades we have known the days of cheap and accessible oil were numbered. For decades we’ve talked and talked about the need to end America’s century long addiction to fossil fuels and for decades we have failed to act with the sense of urgency that this challenge requires.”
The US government’s claim that the World is running out of oil was made to drive up the prices, to make it viable to frack at home, so that they could wage their war in the middle-east. Higher gas prices means bigger profits for US oil companies. Just look at the Fortune 500 list of a few years ago – Exxon Mobil, Chevron and Conoco-Phillips were number 2, 3 and 4 respectively. The world is not running out of oil we are being fleeced by the oil companies. With the technology readily available today – specifically liquid to gas vapour technology – they are also wasting precious oil.
“Governments and the national oil companies are obviously controlling about ninety per cent of the assets. Oil remains fundamentally a government business. While many regions of the world offer great oil opportunities, the Middle East with two thirds of the world’s oil and the lowest cost, is still where the prize ultimately lies, even though companies are anxious for greater access there, progress continues to be slow.”
– Dick Cheney speech at the Institute of Petroleum Autumn lunch, 1999.
If you were to incorporate vaporizing technology into the manufacturing of a new ultra fuel efficient car those cars could travel a hundred times farther on one gallon of liquid fuel. On average the fuel efficiency of most cars on the road today is approximately 20-30mpg (US. Gallons). 20 mpg x liquid to vapor conversion factor of 160 = 3200 mpg.
I wonder if Henry Ford, perhaps had shares in oil companies? If so, then perhaps he had a disincentive to produce cars that were fuel-efficient, and as such may even have attempted to bury technology, that would make his cars either less competitive, or reduced demand for the product of one of his sources of income?
However, the quote above by Henry Ford about Banks and the money system, has been solved by a man known only as: Satoshi Nakamoto. He has never been identified, but it is presumed, he created the crypto-currency, called Bitcoin. Bitcoin is a way of you becoming your own Banker, your own Financier, and Sovereign. YOU can be free from being controlled by Bankers. YOU can be King of everything you work for and get rich in the process. As long as others accept your crypto-currency.
Many companies operate in this sphere, but, one company mines for Bitcoin, Litecoin, and 9 others using hardware and software systems, and encrypted software, using the strongest systems. And, for the price of an e-mail address (and a confirmation) set up 11 on-line crypto-currency accounts, and make an initial deposit, and subsequent daily deposits for FREE for you… Their plan is to become a crypto-currency exchange, and thus make money that way, but by then, the value of Bitcoins could be in the tens of thousands.
One Bitcoin has gone from 5 cents ($0.05) to now (August 8th, 2017) over $3,000 over the time since its initial creation, though the price varies, sometimes a lot but, each time it falls, it rises again, and gets ever more valuable.
Because the Banks, haven’t yet figured out how to control the price, and because there will only ever be 21,000,000 bitcoins, the value of each one could rise exponentially.
I can’t give you the whole story here, but I can give you a link to help you get set up with a free account, and get daily deposits.
(HERE ===>>> Https://www.qoinpro.com/)
IF you don’t trust the Crypto-currency sphere, and you haven’t got GOLD or Silver yet, then the coming crash (the fall that JP Morgan spoke of) will finally convince you that we cannot go on with this Paper and Debt Paradigm. The Banks and Governments want to trick us into a world where digits on a computer screen are our only form of money, and those under 40 and even many above that age, that should know better seem to not care. But when The ATMs Go Dark (to borrow a phrase from Bill Bonner writer and publisher), you and your money will be separated from one another – perhaps permanently and then you WILL care.
Get Gold, Silver and Crypto to buy your Gold and Silver with, time is short. I suspect by this time next year, the dominoes will have begun to fall.
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