Here we go again, rumours are gaining steam as those poor Banksters are claiming empty pockets again and will be asking governments to cover the debts. Just a little game we all play called Banksters get richer while citizens become poorer. What happens is simple, banks loan money to the rich and throw in some poor who they hope don't pay. When those loans go bad they run to the government claiming to be destitute. Your politicians, some knowing the scam well, agree to cover these bad debts and throw it onto its debt, that in fact is your debt. That is almost $60,000.00 each and every one of us owe no matter our age, that new baby just born, came into the world already in debt. Who do we owe? Oh yea, the Banksters but wait how can we owe the bank for a loan we didn't take out? Well those Politicians have been borrowing money like crazy and then the banks have this game that like a High Rollers Casino in Vegas or Monaco the odds are heavily in their favor.
The Banks will ask your Politicians for help with covering this bad dept that they have incurred, the politicians will be forced to cover it in almost 90% of the cases. But how does the government that has no money give these Banksters money they claim they need to continue to operate? Again simple, the government borrows the money from the bank then gives the money back to the bank, then you owe the bank for the governments debt, that became your debt, and the bank has its debt covered plus it hopes to get your debt paid, but until then your government pays interest on your debt, so the bank profits off its debt, and all you did was pay the banks debt. What a great scam and yet nobody tries to stop it from being played out. Sounds like it is becoming time to hit the Reset button.
Can this be done and just start over? Certainly it wouldn't be hard if those people the Banksters would be willing to but they won't, as their true profits are way too high and greed unfortunately is a trait that some humans thrive on. I think most of us have figured out that the system both politically and economically is broken. The Banking system is totally broken and favors the banks and they have too much freedom to do as they wish. The Federal Reserve was a scam thought up by J.P. Morgan and others for one purpose. That being to control all the money and gain bigger profit. President Woodrow Wilson admitted that it was his biggest mistake to have signed the law to allow this. This is why the Federal Reserve needs to be abolished without question. we need major banking reform and some transparency throughout all financial institutions. These economists who smugly sit and talk as if you would never understand all of their complete nonsense are right. We were once taught that 2+2=4 and they want to claim that 2+2=4÷7+1×2%= You owe them. All these ridiculous mathematical formulas just to confuse and ensure massive profits. Capitalism does work if you take the scammers out of it.
Its like everything else we have done, made things much more complicated than needed. Our Federal Government is way too big, they spend money like a drunkin' sailor in a bar with a brothel upstairs after a year at sea. why do we have so many departments and agencies that in most cases cross over with other departments and agencies. They end up stepping on each others toes and this makes things very insufficiently run. In order to bust up a crime ring you can have local police, state police, FBI, DEA, ATF and if the CIA, NSA and DHS believe they need to be involved, you've got way too many involved, spending way too much money, and ignoring way too many other crimes and criminals. Then you have Hillary Clinton where they spend millions just to say "she was careless."
Banks need to be heavily regulated, control of all money policies needs to return to government, the federal government needs to shrink in size massively and be restricted to balanced budgets. New policies that have never been tried before need to be implemented as we need policies that work and at a much lower cost. Simplify the system instead of making it more complicated by the day. We need to become smarter in the way we do things and stop this never ending spiral of stupidity.
I've got to go borrow some money today so I need to go loan the guy down the street $50 so he can loan it to me. Then I'll go loan that $50 to another guy who I'll then borrow $50 from. Wow I think I've got it, my $50 turns into $150 and if I add interest I could throw a sign up and call myself a bank. Anyone want to loan me $50? Don't worry I can loan it to ya. I am sure someone will say that's not how it works, sorry but it is and they know it.
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