(Posted 16 May 1999 04:18 AM Jordan Baladna.com and Arabia.com)
Under this heading we will go back to basics. We will
learn like children the ABC of money and perhaps then understand
better the immensity of the monster the world has fallen victim to.
Some nations are desperately looking for their way out of a fix the
banker has manipulated them into, and if they only could unite in
confronting the handful of international(?) bankers and cease
cowtowing to this imaginary phenomenon of "international
community" (whatever that is), then we will be that much closer
to a resolution of national problems pertaining to finance. With
proper analysis of the problem the solution becomes self-evident. Of
course I invite your input presented in a manner worthy of an
intellectual debate. However do not become alarmed if my postings are
of unorthodox content and sharp as a razor blade. So let the fun
begin!
Let's begin with IRAQ and her possibilities
IRAQ, there are problems you can solve on your own
without dependence from outside supply of commodities or finance.
Take stock of all of your resources in terms of natural resources in
the form of oil, gas, copper, gold, uranium, aluminum, minerals, etc.
Then take stock of potential for self-sufficiency in the area of food
supplies for all you people. Ask yourself whether there is potential
for greater production (irrespective of financial resources, please).
Is there dormant arable land? Are there people unemployed who could
be farmers? Examine your labour pool resource, not only from the
viewpoint of people willing to work, but identify them as to their
expertise, i.e. engineering. science. leadership qualities,
pharmaceutics, or what have you,and identify the nation's needs for
services in those areas. Direct the nation's people resource toward
the filling of the nation's greatest needs. If it is food supply you
need, then exploit all arable land for the purpose of growing food -
using your labour pool resource. If the nation has need for pumps or
electric motors to keep the oil flowing, then extract the people's
resources and know-how to make those items inside Iraq, using
whatever industry is left to do so.
IRAQ, DO NOT CONCERN YOURSELF WITH ISSUES OF MONEY TO
BRING ABOUT THE THINGS I HAVE SUGGESTED. YOUR PEOPLE WILL DO
EVERYTHING THAT NEEDS TO BE DONE WITHIN YOUR BORDERS FOR AS LONG AS
THEY KNOW THEY WILL HAVE MONEY-FREE ACCESS TO ALL OF THEIR BASIC
NEEDS IN TERMS OF HOUSING, FOOD, TRANSPORTATION, CLOTHING AND
UTILITIES. When these minimum requirements to the sustenance of life
are provided for, your people will do everything else that is needed
for the rebuilding of the country. Remember, Iraq, NO ONE WILL ASK
FOR A PAYCHECK WHEN EVERYTHING A PAYCHECK BUYS WILL BE PROVIDED JUST
FOR THE ASKING! No society needs money, the ants and the bees don't
and they do well, so tell your people that their production belongs
to them as producers - free for the taking - and only then will they
see themselves not left out from being beneficiaries of their own production!
And how will you get there? REMOVE THE MONEY LINK
BETWEEN PRODUCTION AND CONSUMPTION, and you will soon become the
economic envy of the world and the crowning jewel of humanity which
you once were millennia ago in ancient Mesopotamia. Allah blesses you
when you return to your own ancient roots of being what you are, an
evolved people, and doing what you can do best: DOING THINGS
RIGHT!posted 16 May 1999 04:47 AM Jordan
National Sovereignty - an essential element of nationhood
The time has come where in view of much rhetoric from
Trudeau, Bush, Kissinger and others, individual nation states have to
make up their minds whether or not they wish to protect their
national sovereignty from all efforts by the one-worlders to strip
them of this once held sacred trust. Factors like "international
law", "international community",
"new-world-order", "universal human rights", or
"what ranks higher: national sovereignty or human rights?"
are issues upon which many national leaders compromised their
sovereignty away.
The U.N. today uses "human rights" as an
excuse to set aside national sovereignty. That serves no nation any
good. The advocates of a one-world society view national sovereignty
with much scorn, for that placement of priority runs opposite to the
elitist thinking of dominance over national governments. They find
the issue of sovereignty repugnant to their view of how the world
should be run BY THEM! So if the national leaders wish to retain
control over their national affairs, then it behooves them to unite
as one against the foreign imposition of alien thinking coming from
those elitists who from behind the scenes endeavour to subject the
nations under their despotic control. Democracy and international
finance are their vehicles with which they impose their tyranny over
nation states.
The efforts of dislodging national sovereignty are
spearheaded by the United States and Britain, who are using the
United Nations and in particular the U.N. Security Council (whose
security?) to perpetuate this tyranny upon all nations. The plan here
is to weaken individual governments with the adoption of a system of
democracy, which scatters national governmental powers because of its
fragmenting effect through the party system which then in turn shifts
power in favour of internationalism and its tyranny.
The ill effects of internationalist control we see in
the ill treatment of Iraq, Yugoslavia, Libya, Russia, Panama, Chile,
Palestine and others. Democracy is being hailed as the savior of the
world, yet its true face is as ugly as sin. Look at Italy, for
instance. Italy has for the last 50 years never seen a stable
government, and her democracy will forever prevent this nation from
running her internal affairs successfully, because her government is
always kept weak. These internationalists think western polititians
are all stupid idiots - and they are right, because THEY DO NOT EVEN
NOTICE THAT THEY ARE BEING FOOLED AND MANIPULATED BY A HANDFUL OF
POWERFUL PEOPLE FROM BEHIND THE SCENES.
I have noticed lately that certain Russian leaders
wanted to take their financial affairs into their own hands but were
successfully blackmailed by the "international financial
community" which detested the idea of a Russian-made solution to
their financial woes. So, was Russia allowed her sovereign right to
create and control her own currency? NO. And here we have a case of:
what Russia was able to do on its own without cost to their people
was now done by the IMF international money machine WITH COST to the
Government and the Russian people. And what is that cost? MORE
INTERNATIONAL (so called) DEBT!! What is the element which kills the
life of a nation? THE NATION'S ABSENCE OF SOVEREIGNTY!
CREDIT CREATION - Hallmark of
a Sovereign Nation !
The fundamental of finance is credit creation. All
monies in circulation have a beginning. This beginning of money,
which is called "credit" at the banker's end, is always a
"debt" with receipients of such credit. All credit is
subject to interst charges, which makes the repayment of any loan a
mathematical impossibility. Why? Because NO
ONE CREATES MONEY INTO CIRCULATION MERELY BY BEING INDUSTRIOUS!
ONLY THE BANKER ISSUES NEW MONEY! And since the money lender will
never create the interest portion of a term debt into circulation,
any economy is bound to callapse after a while for lack of hard cash
(credit) to finance the basic economic requirements of a nation.
See, when a 1000 Dollars loan translates into 1500
Dollars paid back to the lender after 5 years, then some other
borrower got cheated out of 500 Dollars he needed to pay back his own
debt, FOR ALL MONEY IN CIRCULATION IS OWED TO THE BANKS AND WAS AT
ONE TIME OR ANOTHER BORROWED INTO EXISTENCE, wheter it be a private
citizen, business man, industrial owner or any level of government.
Their borrowed money is the money in circulation. And just because
some borrowers are successful in paying back their loans with
interest on time, that does not mean that he created the extra 500
Dollars by being industrious. Some other borrower was made a
guaranteed loser by the first one's success.
The reason we don't notice a total collapse of western
economies is that all Governments go progressively deeper into debt,
which on a short term offsets the technical inability of a multitude
of borrowers to repay their loans with interest. And how does the
before-stated information relate to IRAQ? Very simply in that a
sovereign Iraq has the power to create her own credit responsibly and
without cost to an international banker. For ANYTHING WHICH IS
PHYSICALLY POSSIBLE CAN ALSO BE MADE FINANCIALLY POSSIBLE. The only
real assets of a nation are not its financial resources, but rather
its natural resources lying within its boundaries in the form of
minerals, oil, gas, arable land, people with know-how, and so on. And
these real resources can indeed be extracted by means of a
responsible way of handling the national issueing of credit based on
the nation's resources. Yet this form of handling the nation's money
supply - even where properly administered - is only a stepping stone
in the evolution of a society to a higher level of economics: one
that is functioning without cash currency at all. Perhaps more on
that later.
And how did all this trouble begin?
At one time people used precious metals like gold and
silver for money. It simplified the process of crude barter like 10
chickens for one sow. But people had a need for safekeeping their
gold coins, etc., and so some saw an opportunity to became custodians
of other people's gold. These custodians then would issue a
certificate for the amount of gold held by them in trust. The
certificates were much easier to use than gold coins when doing
business. Any owner of a certificate could at any time go to a
custodian of gold in order to redeem back into gold his certificate.
But there was a charge for the service of keeping gold, and so there
developed a situation where there were many more certificates in
circulation than there was gold in their vaults It must also be
understood that all certificates were owned by the custodian in the
form of a debt (because of the charge), for the custodian issued more
certificates than he could back in gold - something the people did
not know. The custodian never worried about it, because people hardly
ever went to redeem any certificates.
Eventually the value of certificates was many times
that of gold which backed it, but the people did not care, because
they found the certificates so convenient to use. That is how
gold-backed paper money was born. The custodian was the most powerful
man in town, for everybody trusted the value of his fraudulantly
issued certificates. When the gold standard was finally abandoned,
all gold held by these custodians (banks) fell into their hands
without anybody questioning the ethics of it. That's why all the gold
is owned by jewish bankers after having pulled "a fast one"
on the people who entrusted them with their gold. That's enough for now.
Debt Repayment - A
MATHEMATICAL IMPOSSIBILITY! (Part One)
Under the present financial system the charging of
interest on borrowed money can be likened to a barrel of water, which
is to be kept full at all times, the fullness of the barrel
representing a healthy economy with adequate amounts of money in
circulation to meet everyone's needs. This barrel (economy) has a
supply line at the top (infusion of brand new currency or capital
through public debt acquisition) and a drain line at the bottom
(repayment of debts with interest charges). If the currency
controllers were conscientious men seeking the best interests of
people of the nation, they would always assure the availability of
correct amounts of money available for the supply of everyone's basic
needs. And here an oversupply of funds would mean a dislodging of
economic balance to create price gouging and profiteering, and an
undersupply of funds would generate recessions, unemployment,
depression and starvation in the midst of an abundance of material
availability (also called "stagflation." This word is made
up of "stagnation," because not enough money goes around to
meet the people's needs, and "inflation," because
production costs cannot be curtailed when whose costs invariably
include rising taxes and escalating interest charges on corporate loans.)
Now, a closed economy with a constant number of
workers or business men, say 100,000 in number, would in this case
have 100,000 individuals available to go into debt against the money
lenders in order to create sufficient funds in circulation to assure
a healthily balanced economy for a while. The supply line has been
opened for the barrel to be filled. Everyone works, makes money and
spends it back into circulation to supply his or her basic needs.
Debts are being repaid successfully, because not all have gone into
debt at the same time. For ten years this closed economy has worked
well and created much prosperity, for the money lenders noticed, that
the amounts of debts and interest paid on loans were equal to the
amounts of capital infused through new debt acquisition.
At last, after the lapse of 10 years there were no
more people left to go into debt to the money lenders, for everyone
who had gone into debt to the credit creator was found in desperate
attempts to snatch up from money in circulation whatever he could to
firstly meet his financial obligation to the lender lest his property
be confiscated. As time went by money became a commodity in short
supply, as people scrambled to pay the banker not only what in funds
they owed dollar for dollar, but also the "interest" on
their debts.
Now, interest could not be paid in the form of labour,
or food, or houses to the banker, rather the banker demanded money as
the only legitimate form of payment, something the people should have
known they could not do, since the banker never saw it needful to
introduce the interest in the form of currency along with the
capital. The barrel of the economy became drained of its cash, as no
more new capital could be infused, as there were no more people left
to go into debt to provide the guarantee for continued supply of
capital. Of course, eventually our sample community of 100,000
potential debtors collapsed. They all had neglected to check the
banker's mathematics, and therefore failed to discover his trick to
cheat them out of life and limb. And so in the end it was the
currency creator, who became the legal owner of the assets of the
people and the people starved for want of food.
Debt Repayment - A MATHEMATICAL IMPOSSIBILITY!
(Part Two)
INTEREST ON ANY DEBT CAN NEVER BE PAID BY THE PUBLIC,
BECAUSE THE CREDIT CREATORS NEVER CREATE THAT COST FACTOR TO THE
ACQUISITION OF A DEBT INTO CIRCULATION!! WAKE UP, PEOPLE OF THIS ONCE
MIGHTY NATION! WAKE UP, PEOPLE OF THE WORLD! YOUR PROPERTIES ARE
LEGALLY FALLING INTO THE HANDS OF THE MONEY CREATORS, BECAUSE YOU ARE
NOT THE ONE WHO CREATES MONEY TO PAY THEM THE INTEREST ON YOUR
DEBTS!! DEBT REPAYMENT IS A MATHEMATICAL IMPOSSIBILITY!! THE SOONER
YOU WILL DISCOVER THIS MOST DESPERATELY GUARDED SECRET OF THE
INTERNATIONAL FINANCIERS, THE GREATER YOUR CHANCE WILL BE TO FINALLY
THROW THEIR YOKE OFF YOUR NECKS AND STOP THE PLUNDER OF YOUR NATION
BY STRIPPING THEM OF THE POWER OF THEIR INIQUITY: USURY!!
In our little example the "drain" at the
bottom of the barrel was greater than the amount of water piped in at
the top. When finally the barrel became empty, the economy collapsed
and the banker was the only one left to claim for himself the
greatest profit ever in the form of harvesting the people's assets
upon their financial demise.
In conclusion of this topic, hear what the credit
manager of the Federal Reserve Bank of Atlanta, Mr. Robert H.
Hemphill, had to say: "If all bank
loans were paid, no one would have a bank deposit, and there would
not be a dollar of currency or coin in circulation. This is a
staggering thought. We are completely dependent on the commercial
banks. Someone has to borrow every dollar we have in circulation,
cash or credit. If the banks create ample synthetic money, we are
prosperous; if not, we starve. We are absolutely without a permanent
monetary system. When one gets a complete grasp upon the picture, the
tragic absurdity of our hopeless position is almost incredible - but
there it is. It (the banking system) is the most important subject
intelligent persons can investigate and reflect upon. It is so
important that our present civilization may collapse, unless it is
widely understood and the defects remedied very soon!"
And Dr. Martin Luther (1483 - 1546) said: "Little
thieves are put in the stocks, great thieves go flaunting in gold
and silk... Therefore is there on this Earth no greater enemy of man
than a gripemoney, and usurer, for he wants to (be) God over all
men.... But the usurer and money-glutton, such a one would have the
whole world perish of hunger and thirst, misery and want, so far as
in him lies, so that he may have all to himself, and everyone may
receive from him as from a god, and be his serf forever!"