Wednesday, July 15, 2015

House of Cards

I'm still puzzling over this Greek default situation.  One observer commented that the European Union has mercilessly hectored and bullied Greece since its last bailout, and that the Greeks have every reason to resent the EU and would be better off abandoning the EURO and getting back to business on their own.

Either way, Greece's government debt is at 160% of its GDP, so it isn't likely to get caught up any time soon.  I guess we should all rejoice that our U.S. government debt is only at 106% of our GDP.

I know that Portugal, Cyprus, Spain, Ireland, and some other struggling countries have had recent brushes with IMF debt pressure and austerity measures.  Greece is not alone - it has simply not done as well as the others in getting its fiscal sloppiness rectified.

Today the news machinery suggests that the IMF is working hard to extend to Greece another bailout (despite Germany's protests).  Greeks have to vote again now to implement new austerity measures that are stricter than the ones they rejected last week.  Banks are still closed.  This is what happens when you get close to foreclosure.  The friction gets more intense, and things get testy.

I don't know the mind of the IMF, but I'm guessing that it wants to keep Greece in the EU fold - if only to keep up appearances.  I mean - if Greece gives the IMF the finger, what's to keep Portugal or Ireland from doing the same thing?

All of the major Western nations filed bankruptcy in the early 1930s.  This was the key step in granting these private banks control and receivership over the nations.  We don't have any gold, so we could only repay the banks with paper (or electronic) notes, and the banks have no use for that.  After all, they print and conjure money out of thin air already.  The U.S. will never, and can never, repay its $19 trillion dollar national debt - in fact, it is forbidden to do so.  I suspect the same is true for all the other debtor nations.  It is interesting that North Korea is understood to have no public debt.

Reportedly, China is our largest creditor.  I find it amusing that China had to borrow $Trillions so that it could lend that money to us.  The EU rules say that no EU nation is permitted to absorb another EU nation's debt, so who is it that is doing the lending?  Who is it that has the money to lend?  Who is it that has the gold reserves against which to lend out the paper or electronic money?  In our country, the entity that magics the money is the private bank we call the "Federal Reserve".  It's all phony money because our national Treasury is empty (plundered).  If we had $19 Trillion dollars in gold (in Fort Knox ??) we might use it to pay off the debt and stop the inexorable daily $Billion dollar interest payment drain on our economy.

What the nations fail to understand is that when you borrow ten dollars, you must pay back eleven. For a great explanation - read this article. When everyone borrows as much money as there is available, then everyone is running around scrambling to find the eleventh dollar, and there aren't enough eleventh dollars.  Then the bank comes calling to take your collateral, unless there is motivation to keep the game going a little longer.  In that case, the bank prints more money (see Bernanke's Quantitative Easing - I, II and III ). 

If all the developed nations have debt burdens that it could take decades (if ever) for them to pay back, why don't those nations team up and tell the mysterious private lender guys that they simply aren't going to pay up? - then all those nations would be wealthier overnight (and permanently).  I have to assume that the politicians and monarchs are "in bed" with the banking folks, so they aren't going to stand up to them and put a stop to this game.  Then you ask - why would the banks want to do this - they don't need our gold (since they have it already)?  They don't need our taxes, or paper money, or electronic credit card repayments? 

There has to be some sort of plan or agenda.  What is it?  I venture to say that (as in previous foreclosures and regicides) the international bankers plan a global overthrow.  When bankers overthrow a government (see Bolshevik Revolution 1917), they change the governing system.  They neutralize the old leadership and institute a new regime (usually a brutal one).  If Greece were to collapse now, it could set off a "house of cards" chain of collapses, and that is perhaps premature.  Maybe it isn't yet timely or expedient for the bankers to send in their international peacekeeping forces to roll out the new global dictatorship.  We are not quite ripe for getting plucked.

Remember what I said in previous posts.  I denounced Ezra Taft Benson for saying that "This Nation Shall Endure", when D&C 87:6 plainly says:

"And thus, with the sword and by bloodshed the inhabitants of the earth shall mourn; and with famine, and plague, and earthquake, and the thunder of heaven, and the fierce and vivid lightning also, shall the inhabitants of the earth be made to feel the wrath, and indignation, and chastening hand of an Almighty God, until the consumption decreed hath made a full end of all nations;"

Revelation 18:3 says:

"For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies."

Keep your eyes peeled and your lamps trimmed (and remember that even gold is not edible).  What is a "nation" now, if it is not an incorporated business unit that is able to incur debt and mortgage the land?  Why does Jesus seek the overthrow of the bankers and the dissolution of the "nations"?  Why is this same arrangement implemented on every Telestial planet throughout the universe?

P.S. Do the other planets have their own Beatles?


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