youcanhandlethetruth

This follows on from the "House crash" thread but I thought it was most important to try to answers from an laymans point of view (no patronization intended !)

I've said they want the assets, not the money.

Again, you're creating the false question/paradigm that the banking elite (who own the Fed and Bank Of England) want the money they ironically print themselves !

Why do they want to consolidate assets, get the public in debt and bring down Joe Public's standard of living ?

Control of the population - like every other government policy you can name.

History proves that too.

Once assets are consolidated they can be re-exchanged under a new monetary system (thsi is why they are printing the Amero to replace the dollar), which allows the bankers to move their assets into money, money into assets etc etc and they ultimately acquire more and more assets (do they not ?)

But as I've said, it's more a question of control than acquiring the money, because they are the ones creating and controlling the money supply !

It isn't that difficult to understand really if you can get your head around the fact and accept that money (in itself) is worthless.

Forget "financially" - it's about control of the population and the pursuit of assets and power. Money is simply a vehicle for them to achieve that end.

Only the dollar will be wiped out (and then replaced with the new currency the Amero) (or possibly the Euro if the pound collapses)
So they won't be wiped out at all - they will have the assets.
Those banks that go "bankrupt"(ironic that people still can't get that money is not the prize) will have served their designed purpose.

Banks are the institutions which get people in debt, hence controlling the population.
They are one of the many vehicles used by the New World Order.
They are not the New World Order itself, which is a powerful and small group of individuals who control the entire financial and social infrastructure, thus keeping the common man as slave to serve the system that controls them.

__________________
Before tyranny and television, "conspiracy theorists" never existed.

cointelpro/halfwits(in order of Porkpies) Clippo,Wowbanger TIP,agni,Akria,Besoeker,Bear,Eurosceptic Antlantacist

Ea of Dune

Why not just print the money and buy them then?


1.) Depends which banking elite you are meaning. If it is HSBC, Natwest etc. yes they DO want your money and no they do not print it.

2.) No the private banks want to get the public into debt so they can return huge profits. The investment bankers, traders etc. want to get fat bonuses and so on so forth....

3.) Except HSBC is not the government. Once you have become bankrupt there is jack the bank can do to you then anyway as you have nothing. If anything you are free .

1.) But why bother, when you have a system that works why bother? If you print the money and have control over it, why bother risking everything? The EU didn't when it introduced the Euro, so why would the US risk its hegemony and screw up creating a NAU by destroying the wealth of the US?
Yes I do believe there is some orchestration that goes on, but I think greed, stupidity and power madness (Iraq war for example) is what has pushed things too far at present.

2.) But they have the control, why risj loosing it? What do you think will happen when 300 million hungry angry armed Americans go on the rampage following an imploded economy. The Army will be usless as many of them will joi the mob and not shoot their own families.
If the US could not defeat the Vietnamese it certainly couldn't defeat its own armed populace.

3.) No but it is hard to get your head round some of your muddled thinking.

Many of these assets though are worthless to the mega rich.

It is no way as simple as that. The banks will lose a fortune for a start as many banks have assets invested in the US even if they are Euro based, this could lead to their collapse.
As for the banks going bankrupt serving their purpose, what do you mean? Many banks could collapse through their own greed. If they are bought out then yes it could be beneficial to Chase, HSBC etc. if not then well nobody wins.

Banks do offer debt. People are the ones who get into debt. I have never owned a credit card in England and when taking out a small loan have always paid it back. The debt I have taken on there is out of choice. My concern is the debt the government places us in and students who in the case of the latter end up taking on mroe debt from banks if their parents can not bail them out.

Ea of dune

youcanhandlethetruth

Good question !
Well they are printing the money anyway, but even for them there is some limit of how much money they can print to buy up everything.
I suspect putting an overwhelming amount of money into circulation has unwanted side effects and economic disaster is probably the easier option.
As I've said though it is mainly about social control, though if you consider the Wall Street crach in the 20's, there were a few big winners whilst the majority lost practically everything.

Yes good point.
It is important to distinguish between the central banks and the high street ones.
However whenever high street banks issue credit, they are still creating the money out of thin air under fractional reserve system, not using their depositors or their own money to finance the credit.

Like you said before it depends on what you mean by "private bank" - i.e. whether you mean the central bankers or the high street banks who they support and use central bank reserves to help them out when "run on the banks" occur.

Very true, and that has been a large part of the reason the credit crunch has come into existence. The ability to sell mortgages to people who cannot afford them doesn't matter too much to someone who is trying to secure a big fat bonus for themselves.

Well they can reposess your assets.
If you are still bankrupt then, well the debt of money owed is not so important, due to the nature of money creation they can create with the help of the central banks.
Even if the financial institutions become bankrupt they can either be supported by the Bank Of England or they go under, but as I said, it's not such a big deal to the top people who control the major central banking institutions.


By the "wealth of the US" do you mean the private central banks or Joe public ?

Joe public who rely on the money supply for survival will suffer the most, not the private central banks.

Why would they elitist bankers "risk it" ?

Because they are simply interested in power and control, and like all power freaks cannot stop and simply want more and more.

It may be hard for the average well meaning person to believe that such individuals exist in such positions of extreme power.

I agree.

I've partly answered the question above but will try to expand on it.

The scenario you point is probable, and it may be that despite their pursuit of power and control, the elitists have underestimated the will of the people.

However, firstly ask yourself - what is the real reason for the surveillance/police state and control grid ?
To keep the public safe or to keep the public controlled and quash dissent and any backlash ?

Why is there a big push in America to disarm the patriots and why are more and more patriots trying to take up arms ?

I do hope you are right and they do not fire on the American people, but there are elements of brainwashed military who will likely respond to any "national emergency", and have been trained to quash public dissent.

Also consider this article which states:

Canadian Army May Assist Maine Authorities During Civil Emergency

"Last month, the United States Northern Command (NORTHCOM) and Canada Command signed an agreement that would allow the military of one country to assist civil authorities in the other’s during times of emergency."

What is certain is that martial law drills are taking place in America right now.

e.g see NORTHCOM Plans 5 Day Martial Law Exercise

or go to searchinfowars.com and type in "martial law"

Also consider the impact of foreign troops, a large number of which have made their way into the U.S military.

Congressman Ron Paul Reiterates Danger Of Foreign Troops Being Used For Martial Law

Armed Mexican Troops on US Soil

I fear whichever national emergency is engineered, martial law will be instantly declared.

Not suprising - it's hard to reverse accepted paradigms.
I found it difficult too.
But consider, why is monetory theory never discussed in school ?

I wonder have you watched "Money as debt" or "the Money Masters" on youtube ? I recommend them.
maybe you have already watched them as you seem quite knowledgable anyway.

Possibly, possibly not, but they will still have control of a population more concerned over finding their next meal and will likely accept any new currency to "save them" - at least that is how it is likely to be spun by the media.


Most of the mega-wealthy people in the know are getting out of the investments they have made in the dollar and re-investing in other currencies or commodities

globeandmail.com: Business

Haliburton and many others are already moving out of the U.S into Dubai:

Halliburton's Dubai move sparks US political ire


I just mean that it may not be important to the central banks who will have gained on a much larger scale, though I accept there may be some casualties at a lower level.

Yes we live in a credit culture on which people have become too dependant on.

You raise a good point about students going into debt.

Why does the government want more and more university places for everyone, and why is it always the most vulnerable who are targetted with credit ?
Again, you may think "profits", but that doesn't explain the imbalance between those who can repay not being targetted to the same extent ?
At least that's my impression of why banks target more those who cannot necessarily afford to pay.
I accept I am no expert and I may be wrong, but I have heard a lot of economic experts on this subject, so whilst I may not be 100% correct, I don't think I'm too far away.

__________________
Before tyranny and television, "conspiracy theorists" never existed.

cointelpro/halfwits(in order of Porkpies) Clippo,Wowbanger TIP,agni,Akria,Besoeker,Bear,Eurosceptic Antlantacist

Ea of Dune

Well the side effect of pritning enough money to purchase everything would be hyper inflation. It is also impossible in theory if factories continue to produce and place products in the market place. The whole system would collapse. This would create an economic collapse.
The risk of economic collapse is though that the power brokers could lose everything, pretty big risk when continuing the system they have at the moment and using incremental means of gaining power is sustainable.
This why I don't buy that the credit crunch has been engineered. Considering at the heart of banking is risk calculating, the risk being taken on creating an economic crash then trying to controll the fall out is in my opinion mad. I honestly do not think anyone in their right mind would risk this as it would be impossible to predict let alone control the outcome.

To a degree yes however these banks are still constrained by such things as borrowing whether it be from other financial institutions or the central bank.
If a central bank got a bad feeling and pulled the plug on say HSBC and they went under and everyone invested lost their assets the civil strife that would unfold in Britain would be massive. The risk to those with a power base would enormous and I can imagine even if there was a group planning this, other factions would stop them out of their own self interest.

I wouldn't want to be in that situation, people would want your blood big time. If the economy went into some hyper depression I could invisage Mervyn King swinging from a lam post along with the rest of the Labour government and anyone else considered a fat cat the baying mob got their hands on.

I mean everything from personal wealth right through to tax revenues of states, mineral wealth, food production wealth and energy wealth.
All vastly different araes I think you will agree.

Yes they would, but these will also be the people storming the Hamptons and Malibu along with the beggar underclass this situation would create.

Then they have a stupid strategy and haven;t studided history very well. An economic collapse would offer the current set of elites a real pain in the ass. The only type of people that will gain from this are the Hitler types like in the 1930s.

I think the scenario and reasoning behind it are slightly different between the US and the UK for a start. I think the situation in the US is nicely summed up in the Shock Doctrine.

As for the mega-wealthy, yes many individuals do not invest in US dollars, but the collapse of the dollar would have a chain effect on places like China and other nations carrying US debt. This would set back globalisations decades in theory.

Ea of dune

Ea of Dune

To add the the above. Read up on the IMF based out of Washington. They usually step in during economic turmoil where countries go broke and need investment, but they require some pretty austere cuts to public spending and so and so forth.
Unless the IMF upped sticks moved elsewhere and then stepped in before a complete economic collapse happened in the US (i.e. stepped in at the sort of stage South Korea was at or Thailand when the Asian Tigers went through a massive downturn a few years back) then I would envisage the collapse of the USA financially would wipe out the IMF and destroy any power base they had to contiue to force foreign states into a state of servitude to the West (look what happened in the Southern Cone countries in South America and the way it has set back globalisation there).

Ea of dune

youcanhandlethetruth

I'll have a look into that thanks - you might be intersted to read this recent article concerning the IMF.

IMF finally knocks on Uncle Sam’s door

"But to imagine the IMF investigating the US financial system is unthinkable, or was. But, at the weekend, Der Spiegel reported that the IMF would conduct a full investigation into virtually every aspect of it."

I'll repsond to your other points later as big Brother is on !

Yes I know it's mind numbing but hey, I need some entertainment !

__________________
Before tyranny and television, "conspiracy theorists" never existed.

cointelpro/halfwits(in order of Porkpies) Clippo,Wowbanger TIP,agni,Akria,Besoeker,Bear,Eurosceptic Antlantacist

Little Englander (sour)

A windfall tax is one way of gathering the tax indirectly from the masses without the charge of raising the tax per se.

__________________
Little Englander (bigoted)

youcanhandlethetruth

Forgive me, what is a windfall tax ?

__________________
Before tyranny and television, "conspiracy theorists" never existed.

cointelpro/halfwits(in order of Porkpies) Clippo,Wowbanger TIP,agni,Akria,Besoeker,Bear,Eurosceptic Antlantacist

youcanhandlethetruth

More bad news for the banks - oh poor them.

$17.45 billion per day but nothing to worry about........

Stressed banks borrow record amount from Fed: Financial News - Yahoo! Finance

__________________
Before tyranny and television, "conspiracy theorists" never existed.

cointelpro/halfwits(in order of Porkpies) Clippo,Wowbanger TIP,agni,Akria,Besoeker,Bear,Eurosceptic Antlantacist

youcanhandlethetruth

Absolutely or even worse stagflation.

I'll take your word for it but hasn't a lot of manufacturing gone overseas ?

Are you ready ? The only question is when.

Have you watched Endgame ?

Who says they're in their right mind ?
Have you watched "Dark Secrets Inside Bohemain Grove" ?

Let's hope so - they're hoping the police state, martial law and media can help them control the outcome.

Difficult to judge - a lot of politicians have the same interests in keeping the general public unaware.
Certainly the media isn't co-operating.


The media will blame in on some "Nick Leeson" type.
Remember the news keeps saying "It's a global problem" and remember Bush's recent quote "Wall St got drunk" ?


As Engame says "They have all the money they need - they're after power."

True, it's a one heck of lot to chew off but doesn't mean they won't "go for broke".
Remember the public is sufficiently dumbed down and the police state grid is in place.
And George Bush and his foreign policy is no angel.
Believe it or not, they're building death camps in America.

I've heard about this book before - can you summarize what it says ?

Do you realize a lot of these nations have already started dumping the dollar ?

Russia may dump weakening US dollar in its energy deals
Gulf States Creep Away From Plunging Dollar
Traitor Greenspan Urges Gulf States To Abandon Dollar

China has huge dollar reserves too.

China's Ultimatum: Let Us Invade Taiwan Or We'll Dump The Dollar

I just hope and pray that I'm wrong, but there's too much evidence to suggest I'm not.

__________________
Before tyranny and television, "conspiracy theorists" never existed.

cointelpro/halfwits(in order of Porkpies) Clippo,Wowbanger TIP,agni,Akria,Besoeker,Bear,Eurosceptic Antlantacist