Tuesday, February 3, 2015

Quotes from Money as Debt – No Debt No Money - Why work when you can get your money to work for you?

Things That Bother me – in the spirit and memory  of Robert Burchell Oclive Hart (1903- 1984)
Is it accurate to state that almost everyone on the planet is perpetually chained to an ever mounting debt that cannot be repaid?  Certainly every governmental administration of nation which subscribes to private entities – privately owned central banks – for the creation of its paper money currency supply has enslaved its people.
Is it possible Guyana and the world needs an economy based on permanent interest –free money?
 Monetary Reform; Electoral Reform; Constitutional Reform; Education Reform, Local Government Reform
Quotes from Money as Debt – No Debt No Money. 
Are you free? Are you employed (enslaved)? Are you handcuffed (restricted income and mobility)?  Do you utilize paper money currency?  
"Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal, there is no human relation between master and slave." -Leo Tolstoy
The amount of the loan (the Principal) is created from the borrower's promise to pay.
Money must be created as value. Money created as debt is the absolute reason people are enslaved on this planet.
“Now we have seen that Money is just an idea that in reality money can be whatever we make it”
"What we have been taught to believe is Democracy and freedom is become in reality an ingenious and invisible form economic dictatorship. As long as our entire society remain utterly dependent on Bank credit for its supply of money. Bankers will be in the position to decide who gets the money they need and who doesn’t."
“I have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own money… I believe the time will come when people will demand that this be changed.I believe the time will come in this country when they will actually blame you and I and everyone else connected with the congress for sitting idly by and permitting such an idiotic system to continue.” – Wright Patman, Democratic Congressman 1928-1976 Chairman, Committee on Banking and Currency, 1963-1975
"Everyone sub-consciously knows banks do not lend money. When you draw on your savings account, the bank doesn't tell you, you can't do this because it has lent the money to somebody else." -Mark Mansfield, economist and author
"Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist." -Kenneth Boulding, economist
"The greatest shortcoming of the human race is our inability to understand the exponential function." -Albert A. Bartlett, physicist
Why work when you can get your money to work for you?
Why do governments choose to borrow money from private banks at interest when governments could create all the interest-free money it needs, itself?
Why create money as debt at all? Why not create money that circulates permanently?
How can a money system dependent on perpetually accelerating growth be used to build a sustainable economy?
What specifically needs to be changed?  
"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 consumer, By the adoption of these principles, the taxpayers will be saved Immense sums of interest. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government's greatest creative opportunity." -Abraham Lincoln, assassinated President of the United States
"Until the control of the issue of currency and credit Is restored to government and recognized as Its most conspicuous and sacred responsibility, of Parliament and of democracy Is Idle and futile...Once a nation parts with control of its credit, it matters not who makes Usury once in control will wreck any nation. - William Lyon Mackenzie King former Prime Minister of Canada (who nationalized the Bank of Canada)
"We are grateful to the Washington Post, the New York Times, Time magazine and other great publications whose directors have attended our meetings and respected the promises of discretion for almost forty years. It would have been Impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world-government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the National auto-determination practiced in past centuries" - David Rockefeller In an address to Trilateral commission meeting, 1991 
Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men. -Woodrow Wilson, President of the United States 1913-1921
"All of the perplexities, confusion, and distress in America arises, not from the defects of the Constitution or Confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation John Adams, Founding Father of the American Constitution
"Whoever controls the volume of money in our country is absolute master of all industry and commerce... and when you realize of all industry and commerce...and when you realize is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate." -James A. Garfield, assassinated President of the United States 
Is it accurate to state that almost everyone on the planet is perpetually chained to an ever mounting debt that cannot be repaid?  Certainly every governmental administration of nation which subscribes to private entities – privately owned central banks – for the creation of its paper money currency supply has enslaved its people.
"None are more enslaved than those who falsely believe they are free." -Goethe
"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. 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 the pen 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 slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit," - Sir Josiah Stamp, Director, Bank of England 1928-1941 (reputed to be the 2nd richest man In England at the time)