Banks were Saved by your Tax Bail Outs and You were Ruined.
Questions to ask the banksters.
Five of the largest including JP MORGAN CHASE and four other INTERNATIONAL BANKS succeeded marvelously in 1913 when the U.S. Government created by passing into law the Federal Private Reserve Banking System Corporation to privately print money to pay the five banks back from the money the United States had borrowed from them.
This was a more sophisticated relationship between the central bank and the State that has operated ever since. In the boom-and-bust cycles it has created, the US fiat dollar has been devalued by over 97% and, in 1999, the repeal of the Glass Steagall Act allowed bankers to create the Mother of All Loaning Sprees, resulting directly in the collapse of the real estate bubble in 2007 and the crash of the stock market in 2008.
But the system today is far more advanced than in the eighteenth century. It is no longer necessary to fold the banks involved, or at least not immediately. In the aftermath of the 2007/2008 crashes, the Government has declared that the closing of the private central banks would be the worst catastrophe that could befall the country and therefore, the country must borrow heavily from you the taxpayers to re-fund them.
No requirement was made of the banks to actually offer these funds on loan, let alone to bail out the debtors. Most of these Government bailed out banks bought out smaller banks to grow bigger, not because they were failing. The banks have instead been able to absorb the funds, continuing the massive bonuses to the very directors and Government officials who caused the disaster in the first instance.
Today, most of the First World is in the midst of an economic crisis that has been caused by debt. That debt has been the product of bankers and governments working together.
History shows us that the present situation is not an accident. It is the repetition of a very successful method by which bankers, with the complicity of governments, create boom-and-bust cycles; cycles that, whilst damaging for nearly all citizens, sovereigns, legal fictions, entities, and corporations of a country, are very profitable for those who create the cycles.
If we are to watch the evening news, there are, daily, politicians and pundits offering “solutions” – “Provide quantitative easing,” “tax the one percent,” or simply, “kick the can down the road.” Through endless debate, you viewers are encouraged to believe that somehow, the government and the directors of the banks, and the Chairman of the Federal Private Reserve Corporation will come up with a solution to the problem and work for you. DREAM ON!!!!
However, a brief read of the history above suggests that there will be no “solution,” as no solution is intended by those Banks and Governments who have created the problem. The entire concept is to periodically hang you, the depositor, out to dry through your laziness and ignorance. (It’s not done to be purposely unkind; it’s done because it’s so very profitable to the Government and BANKS.)
You would be well-advised to ask yourself some unpleasant questions.
Here are a few:
- Will my bank be one of those that crash soon?
- Will my savings be lost partially or entirely with the new currency?
- How much time do I have before I should remove my deposits?
- Will my bank honor their agreement on the paper gold that they have sold me?
- Will I be able to take delivery of the allocated gold that they “hold” for me?
- What do I do with my assets, and money, if I withdraw them from the bank?
- Will there be banks that will remain in business? Which ones?
The above questions should be asked periodically, as events unfold and you should question your congressmen and congresswomen as to why. Doing so may mean the difference between the retention or loss of assets that you now trust your bank to hold for you.
Think about it..
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