Saturday, June 26, 2010

The World is Broke ???

Watching Fox News (again !!!) this morning, I heard spokesBarbie, Jamie Colby, announce a segment noting that "The World is Broke" !!!

Not two weeks ago, another Fox News commentator remarked that the "world is broke". Now, I am NOT an economist. I barely understand daily compounded interest. That makes me no different from the vast majority of the world's population. However, it should strike the the average lay-person that the suggestion that the "world" could be "broke" is patently absurd. . . . . . .

UNLESS - - -

Somebody has taken the world's money.

How could that happen, you ask. Well, if all currency created today is "loaned" into circulation, interest must be paid on every dollar spent. If you borrow ten dollars and promise to pay back eleven, you have to hunt for the eleventh dollar somewhere. Then, if you borrow ALL of the money that is nationally available, it gets harder and harder to find that "eleventh" dollar. . . .

UNLESS - - -

- - you print more paper dollars. Magic, right? Problem is - the more you print phony paper currency, the more you inflate/deflate the currency - causing INFLATION. Then, the only way to protect against RUNAWAY INFLATION and the crashing of the currency is to tax a good portion of those extra paper dollars out of circulation through national taxation (IRS).

So, if all of the (non-rogue) "western"-style nations are playing the same game, the result is that they all end up spending more than they produce (to support entitlement programs and wars) and they all run up heavy debts to PRIVATE banks like the "FEDERAL" Reserve and the INTERNATIONAL MONETARY FUND, and they face mushrooming interest burdens as the debt grows (see Greece).

Simply put, each participating nation owes more than its annual profits in debts to a private (money-changer) bank. Each nation is beholden to that private bank to periodically "bail it out" to keep government offices functioning. So if virtually all of the world's nation-corporations are insolvent and in receivership, everybody is strapped with debt, impoverished and enslaved . . . . . . . . but TO WHOM ?????

Governments pay farmers to NOT GROW certain crops. WHY ?? - in order to keep crop prices artificially propped up. Does this cause food shortages?

People complain that the world is "over-populated" - - SIX BILLION people. With six billion acres of land in Montana, that is enough for each person to have an acre.

If there are "shortages" in the world, I suspect they are contrived and manipulated. There is NO shortage of farmland (although we insult it by not practicing the land sabbath). There is no shortage of man-labor hours (especially in this period of mass unemployment). There should be no shortage of money (gold, silver, paper currency) unless someone has confiscated it. Our systems of distribution are more efficient than they have EVER been.

Besides, the law of the jubilee requires that ALL debts be forgiven every 50 years and all "corporations" be dissolved every 50 years. That way, private banks cannot exact ever-escalating usury payments from nations and bring ordinarily-free citizens to their knees.

So, here is the big question - who are these "private banks" to whom the nations owe so much money? Where do they reside? Where have they stashed all the gold and silver they have plundered from the nations? Why have all the nations simply not balked and repudiated all that debt and interest so that they can be free and prosperous again? Why have we abandoned the jubilee?

If America owes $13 trillion in debt and approximately $100 trillion in unfunded liabilities, we can NEVER get caught up. Besides, those banks will never accept the (bankrupt, worthless) Federal Reserve Notes in payment of the debt anyway. Don't think that banks don't repossess (like cars) or foreclose on (like homes) countries that get too far in debt. Foreclosing on countries always entails a regime change (see [Communist] Bolshevik Revolution, 1917). In Russia it involved regicide (killing the king [Czar Nicholas II]). You can't let the king's family rise up later and repudiate the debt!

America was once a (complex) Republic, but today it is a (simple) democracy (since the 17th Amendment). Americans often don't realize what DEMOCRACY is. It is a Greek word for "mob rule". A perfect example of a democracy is - three wolves and a pig arguing over what to eat for lunch. Either way, if "We The People" were supposed to be the sovereigns in this land, we must be deposed/overthrown for the foreclosure to be complete. The Constitution has to be completely discarded so that the new owners can reign.

The pilgrims dedicated/consecrated this land to our Savior, Jesus Christ, for His footstool. We are just stewards - "guests" on this land at His pleasure. Do Geithner, Volcker, Greenspan and Bernanke (and their handlers) think they can eventually seize this continent away from Jesus with impunity?

I think not. Keep your lamps fueled and trimmed.

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