Monday, December 31, 2007

Money as Debt, Our Money System is not Sustainable

Absolutely must see video here passed along to me today by the enlightened The Phat Conductor (who has his awesomely funky album out now, btw)

This cartoon film with narrative shows the history of money and how it has evolved today. Through fractional-reserve banking, Banks are making money out of thin air from the debt they give us! $ Without debt there would be no money!! This amount of money and debt that can be created is exponential, and incomes cannot keep up to repay, so foreclosures and bankruptcies are inevitable. The money system we have is not sustainable.

Subsequently, profiting from charging interest (Usuary) used to be punished by death!! Now we allow bankers to charge us interest on money that they make up!!! We must learn from our mistakes and never let this happen again!!!!

"Let me issue and control a Nation's money and I care not who makes its laws" - Amsel (Amschel) Bauer Mayer Rothschild, 1838

Also, check out Money as Debt II: Promises Unleashed - description: Bailouts, stimulus packages, debt piled upon debt, where will it all end? How did we get into a situation where there has never been more material wealth & productivity and yet everyone is in debt to bankers? And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by going even further into debt! Money as Debt II Explores the baffling, fraudulent and destructive arithmetic of the money system that holds us hostage to a forever growing DEBT...and how we might evolve beyond it into a new era.

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References for the film

If you enjoyed this film, please support the creator, his income depends on it! Buy a copy today!

4 comments:

Max Ostap said...

Zach, this is awesome man. Keep spreading the info.

ArtGoddess8 said...

Please copy this letter and send it to everyone you know!!!!

Dear ________,
Today I am sending you this letter as part of an international effort to end the United States Federal Reserve by passing HR-2755 "Federal Reserve Board Abolition Act" into legislation.

The "End the FED" movement is a peaceful effort to educate people internationally about the issue of centralized banking, the dangers of printing money instead of using gold/silver, and other important topics.

Please take a moment to read the information and watch the attached video, then send this message to all of your friends!

TOP THREE REASONS TO END THE FED:

1. "The Federal Reserve System virtually controls the nation's monetary system, yet it is accountable to no one. It has no budget, it is subject to no audit, and no Congressional Committee knows of, or can truly supervise it's operations."
-Murray N. Rothbard

2. Congress shall have the right, "To coin Money, regulate the Value thereof..."
-United States Constitution Article 1; Section 8-Powers of Congress

(Remember point #1...despite the name, the Federal Reserve is NOT owned or supervised by the government, it is a private company that is answerable to no one.)

3. "Money, Banking, and the Federal Reserve" available on YouTube at http://www.youtube.com/watch?v=iYZM58dulPE


For more information, please go to www.YouTube.com and search key terms such as "federal reserve" "housing bill" "economy" and other terms.

Now....I know chain emails are easier to pass on when there is a reason/incentive...so here is is.

FORWARD THIS EMAIL...
...to *ONE* person and you may have financial success in 100 years.
...to *TWO* people and you may have financial success in 50 years.
...to *THREE* people and you may have financial success in 25 years.
...to *FOUR* people and you may have financial success in 10 years.
...to *FIVE* people and you may have financial success in 05 years.
...to *TEN* people and you have helped to educate your friends/family.
...to *TWENTY* people and you have helped to educate society and will likely have financial success.
...to *FIFTY* people and you have helped to educate society and will likely have financial success soon.

************Pass this on to ONE-HUNDRED+ people and you are a superstar!

The more people that you pass this on to, the more people that you help to educate about our financial crisis.

Another important thing to do is to contact your Congressional Representative and let them know that you support H.R. 2755 "Federal Reserve Board Abolition Act" and you want them to help make sure it passes.

You can look up the address for YOUR representative at https://writerep.house.gov/writerep/welcome.shtml

...if we pass HR 2755, then you will likely have economic success almost immediately.


Additional information about why we should END the FED:
* In order for the Federal Reserve to lower interest rates, it has to print more money. Every time it prints more money, the value of each dollar in circulation is worth less. This means that merchants must charge more for the same product to get the same benefit.

* "Let me Control a peoples currency and I care not who makes their laws."
-Meyer Nathaniel Rothschild, February 12, 1912
(Note that the Federal Reserve act was passed in 1913)

* Despite the name, the Federal Reserve is NOT owned, operated, or controlled by Congress or any other governmental agency. (Instead it is a privately owned company that is allowed to print and loan money to our country, including charging interest...)

* The Federal Reserve Act was passed into law by three men after everyone else had left for Christmas with their families. (December 23, 1913)

For more information, please read the full text of HR 2755 available at http://www.govtrack.us/congress/billtext.xpd?bill=h110-2755

Tadukau said...

Interesting post. I've made a blog on this topic. I think this movie reveals the truth about how money are made in modern society.

Example said...

Hey, I just started a blog with a similar taste to your own. This video was the first thing I posted. I've actually been checking back to your site since whenever you posted the Ian Xel speeches. Good work. Exciting times ahead. Check my blog for some interesting links to Disclosure info.

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