Why Your Money is Worthless

Brandon King

 

Why is our nation in financial peril? Why are the people of this nation working more for less money and are sinking deeper in debt? Most people attribute it merely to the economy or the government, complain and leave it at that; they fail to realize how the banking and monetary system works and how that affects them.

 

The vast majority of the people do not understand how money works. They believe that it is backed by gold or silver and that is what gives the money its value. In reality money has not been backed by anything since 1971 when then President Richard Nixon announced that the U.S. Dollar would no longer be redeemable for gold.  Prior to that point, particularly before 1933 the dollar was redeemable for gold. Now what we have is a fiat currency, which is money, backed by absolutely nothing.

 

Originally paper money was used as a receipt for gold. People used to take their gold to the goldsmiths for safekeeping in their vaults for a fee. The depositor would get a receipt, which allowed them to come back and collect their gold. The goldsmiths soon began to realize the vast majority never came back to reclaim their gold, so they began to loan it out to others for a small fee. However they would loan out many times more gold that they had in their vaults and this brought them large profits; this was the origin of the fractional reserve banking system.

 

Fractional reserve banking allows banks to loan out more than what they have in actual deposits. The reserve requirement determines how much they have to keep in reserve and through that, how much they can loan out.  For example if a bank has $10,000 in deposits, and if the reserve requirement is 10%, they can loan out up to $90,000. This fraudulent system has allowed the banking system to reap massive profits and it is the only industry that is permitted to do this; no other business is allowed to legally loan out more than what they have and do it for profit. In short the banks loan out money that does not exist and then charge interest on it and demand real collateral on that non-existent money.

 

The apex of the banking system in the United States is the Federal Reserve, the central bank of the country. A central bank is the bank that manages monetary policies for a nation. Central banking has been around since the 1600’s with the establishing of the Bank of England in 1694. Central banking was brought to the United States with the passing of the Federal Reserve act on December 22, 1913, when most members of the Congress were home for the holidays. The Federal Reserve System was hatched at a secret meeting in 1910 at a resort on Jekyll Island of the coast of Georgia. Seven men, who were aligned with international bankers, over the course of nine days, hashed out the Federal Reserve System.

 

Most people think the Federal Reserve is a government agency; nothing could be further from the truth. The Federal Reserve is a quasi-private, run for profit corporation. It is in fact a cartel. If you do not believe this, I challenge you to go to your phone book and look up the Federal Reserve; it will not be listed in the government section, but will be listed in the white pages along with other privately owned businesses. The “federal “part of the name was given to the entity in order to make the public think it was part of the government. That is one of many scams associated with the Federal Reserve. It was sold to the people as a lender of last resort and a stabilizing force of the economy and to say is has performed poorly at this aim is being kind. Since its insidious implementation, the economy has been less stable than ever. It has overseen (and caused) the 1921 and 1929 stock market crashes, the Great Depression, and numerous recessions including the one we are in right now.

 

It is common belief money comes from the government or the Federal Reserve gives it to the government. In actuality, the private Federal Reserve loans it to the government at interest. This places the government and thus the people and the nation in immediate debt. This is why national, business, and consumer debt has risen since the Fed came into being; we have a debt based monetary system. They are responsible for this nation being taken off the gold standard. Having a currency backed by real assets like gold or silver limits how much money you can print. The move away form the gold standard has allowed the Fed to literally print money out of thin air. Since there is nothing backing the currency, the only thing that gives it value is the amount of it in circulation. The increase of the money in circulation coupled with nothing backing the currency has caused a constant devaluing of our money. A dollar today has lost over 90% of its buying power from that of the early 1900’s. The devaluing dollar is why it now takes at least two, and in many cases more, incomes just to make ends meet. The government likes this system because it allows them access to nearly unlimited funds without having to raise taxes.

 

The Federal Reserve System is also responsible for the business cycle. In order make more money and credit available the Fed buys government securities. To deflate, that is to make money and credit less available, the Fed sells government securities. This process, which happens solely at the Fed’s discretion, is the prime cause for the booms and subsequent busts that mars the track record of the Federal Reserve. 

 

Another fraud pulled on the American people was the implementation of the income tax. This unconstitutional statute, (which is not on the books and strangely the IRS refuses to show the law) which “requires” Americans to pay a direct unapportioned tax on their labor was allegedly given to us through the 16th Amendment, which was not even ratified. If you do not believe me, you can consult with Supreme Court, who has ruled against the constitutionality of income tax in cases dating back to 1894 and also ruled in cases such as Stanton v. Baltic Mining and many, many others that the 16th Amendment did not give the government any new taxation powers. To put it simply, the Supreme Court ruling stated the income tax is unconstitutional and the 16th amendment did not empower the government for this tax; the government did not get it then and they still do not have the power now. For the people who question how would government be funded, understand that the income tax DOES NOT go to any of the services that people expect from government, i.e. things like roads, defense, education, etc. 100% of the money collected from the illegal income tax goes to pay interest on the national debt. Who are we indebted to you ask? It goes to the Federal Reserve and the international bankers who own it. So in short, the income taxes in pure profit for these bankers!

 

Along with the income tax, we have also had the Internal Revenue Service, the collection arm of the Federal Reserve System, thrust upon us. This evil agency acts essentially as the enforcer for the Fed as they take people’s assets if people don’t pay up. That is totalitarian to say the least and it is essentially what a bully or the mob does.

 

The implementation of the Federal Reserve has allowed international bankers, families like the Rothschilds, Rockefellers, Harrimans, Schiffs, Warburgs, and the Morgans, just to name a few, to sink their claws into the United States not only financially but politically as well. That was only a step in a plan that has been in the works for a very long time. The immense wealth of those who own Fed and other central banks has quite literally allowed them to buy our government. Through agents, foundations, and corporations they make massive contributions to politicians and through that are able to get their agendas accomplished. Right now the United States is just another country under the control of these international bankers. These international bankers, the “money changers” as James Madison called them, seek to set up a global government by and for the bankers in which they track and control everyone on the planet.

 

These things are not pleasant to think about or write, but we can and must stop this from happening. The first step is reading things like this and getting informed and spreading the truth out to others. We must seek to end the Federal Reserve System in the United States and restore sound money and banking to our nation. The population must be educated that our currency, as it is now, is backed by nothing and our fractional reserve banking system is fraudulent. The illegal income tax must be abolished, as the bankers have made enough money of f the sweat, ignorance and fear of the American people for far too long. Getting rid of these evils will put more money back in the pockets of the people of this nation and allow them to raise their standard of living for them and their families.

 

 The Executive Order 11110 signed by President John F. Kennedy restored to the United States government the authority to issue its own silver backed currency. This returned us to real currency and would have ended the need for Federal Reserve Notes (FRN’s). This would have ended the Fed’s monopoly over the money system of this Republic. Though President Kennedy was assassinated five months after the signing of this Order, it still stands valid and unrepealed. If it were re-enacted, it would place us on sound financial footing once more.

 

Rep. Ron Paul of Texas has sponsored H.R. 2755, the Federal Reserve Abolition Act, which abolishes the Federal Reserve. This piece of legislation, like most legislation that actually helps the people, has not been passed nor has it gotten much coverage from the mainstream media. I encourage you to go read the bill and then contact your congressional officials and tell them to support this bill and if they refuse, vote them out.

 

We can no longer sit on the sidelines and let these frauds continue to be perpetuated on us

The only reason is because we allow it to go on. Through our ignorance, we participate in this game and play an active role in our enslavement. If we as a people say no and refuse to take part in this farce, the entire construct the bankers and our corrupt politicians have constructed will fall like a house of cards. That time of ignorance has come to an end. Do not play their game anymore! The time to break the stranglehold the Fed and its owners have over this nation is at hand. The people must be given their monetary and banking system back. We as a people and the nation will be much better off without the Federal Reserve System. It does not need to exist and it has allowed the wealth of this Republic to be transferred from the people to international bankers. It has turned our dollar into worthless monopoly money, and has corrupted our political system. We must stand up and abolish this evil system. We not only owe it to ourselves, but to our posterity as well.

One Response to “Why Your Money is Worthless”

  1. ……………>>>>>>JULY 4TH 2012<<<<<……………
    We THE PEOPLE OF THE UNITED STATES OF AMERICA DEMAND TO "LEGITIMIZE" OUR "monetary system" … WE Demand that TODAY'S CURRENCIES value be made equal to its actual Value. That of Scrap Paper ! In Early America, Our Money Held Value ! We were paid in GOLD Pieces, GOLD & SILVER Certificates, solid silver coin, solid copper coin, and solid nickel coin ! Our Money was Backed by America's Most Precious Metals That Held A Great Value ! Today Our Coin Is Mostly Cheap Alloys, and Our PAPER MONEY VALUE Has The Worth of (scrap paper) ! 10 NOTES OF OUR CURRENCIES PAPERS ACTUAL VALUE IS WORTH 3 CENTS NOMATTER THE DOLLAR VALUE ON THE BILL ! ( $1, $5, $10, $20 $50, OR A $100 Denomination)… If Our Money Still Held A Value e.g. And Our Dollars Value Was Equal To Say 1 Gram Of GOLD, Today, Our Dollar Bill's worth would be " Over $45 Dollars Each ! " $2 Dollars would FILL UP your GAS TANK ! ( Gold Price Closed Today at $1458.50 Per oz ) Without A Worth To Our Money, It Serves Only To Impoverish Us ! This Petitions Goal is TO PUBLICLY DISEMPOWER THIS PRESENT ESTABLISHMENT GOVERNMENT and ELIMINATE THAT WHICH CONTROLS OUR LIFES ENTIRELY, Our worthless money ! WE MUST NO LONGER BE FORCED TO PRETEND OUR MONEY'S WORTH IS SOMETHING MORE THAN ITS ACTUAL Scrap Paper Recyclable Value ! CIRCULATING THIS PETITION NATIONWIDE CAN BE THE PLATFORM TO QUICKLY ACHEIVE THIS CHANGE ! … But, What WE HAVE TO DO IS ON A CHOSEN PARTICULAR DAY, SAY ON, JULY 4TH 2012 , Is GO OUTSIDE and join OUR neighbors in support TO LEGITIMIZE THE TRUE VALUE OF OUR MONEY ! We Can Only Achieve This change If YOU Take Part ! On This Day, July 4th 2012, You Must At Least Stand Outside Your Home and Wave To Your Neighbors as a Show of Support To Achieve This Change ! STAND ON YOUR STREET CORNERS ON YOUR PUBLIC SIDEWALKS ! COME OUT INTO YOUR FRONT YARDS, FRONT PORCH'S ETC, JUST BE SURE TO TAKE PART AND GO OUTSIDE ON THIS ONE PARTICULAR DAY OF JULY 4TH 2012 IN SUPPORT OF THIS CHANGE ! MANY OF US ARE STRUGGLING AND CANT AFFORD THE $4.50 PER GALLON GAS PRICES FOR OUR CAR ? HOW CAN WE GO TO WORK IF WE CANT AFFORD THE GAS IT TAKES TO DRIVE THERE ? IF WE LOSE OUR JOBS, HOW CAN WE SURVIVE ? WEVE BEEN BACKED INTO A CORNER WITH NOWHERE TO TURN ! MANY DESPERATE PEOPLE WILL FEEL FORCED TO COMMIT CRIMES TO FEED THEIR FAMILY'S ! WE HAVE A CHOICE FOR CHANGE ! COULD YOU BENEFEIT FROM FREE TOP OF THE LINE HEALTH CARE, INCLUDING FULL DENTAL? IF YES, THEN WE MAY CONSIDER A RESOURCE BASED SOCIETY AND PROSPER TOGETHER FROM OUR LANDS RICHES ! WITH OUR PEOPLE UNITED WE WILL SEE A MONETARY FREEDOM IN OUR HORIZON… STAND IN PROTEST ! Let's Finally Make Them Hear Us ! WE HAVE BEEN FORCED TO SUFFER AS PRICES FOR FOOD, CAR GAS, UTILITY'S and Everything Else KEEP Rising HIGHER, HIGHER and HIGHER ! WE CAN NO LONGER AFFORD THE HIGH SKYROCKETING COST OF GAS TO MAKE IT TO WORK, FEED OUR FAMILIE'S AND PAY OUR BILLS, ALL AT THE SAME TIME ! THE CURRENT ESTABLISHMENT GOVERNMENT'S MONEY MANIPULTION SCHEMES HAVE BROUGHT US TO OUR KNEE'S, CREATED OUR RECESSION, REAL ESTATE CRASH, AND HAS ENVOKED A MASS POVERTY STATE CONDITION, ALLOWING COMFORT AND SURVIVAL FOR ONLY THE WEALTHY ! WE ARE AMERICANS LIVING IN ONE OF THE RICHEST NATIONS IN THE WORLD, THE UNITED STATES OF AMERICA !!! BY OUR AMERICAN BIRTH RIGHT'S WE ARE ALL ENTITLED TO AFFORDABLE HOUSING, GAS, OIL, ELECTRICITY, FUEL, FOOD AND EVERYTHING ELSE THAT MAY BE BENEFICIAL TO OUR PEOPLE'S BEST INTEREST ! … WITHOUT CHANGE, YOU WILL CONTINUE TO BE FORCED TO PAY WHATEVER THEY DEMAND, IF THEY SAY $8, $10 OR $12 A GALLON FOR GAS, YOU MUST PAY IT ! YOU HAVE NO CHOICE ! YOU MUST PAY ! YOU HAVE NO VOICE AND NEVER WILL ! BEWARE OF OUR MEDIA'S ! DON'T BE FOOLED BY THE RADIO, TV OR THE MAGAZINES ! OUR MEDIA'S NEWS IS TOTALLY POLITICALLY CONTROLLED AND USED AGAINST US DAILY ! WE COULD BE UP IN ARMS AND PROTESTING GAS PRICES ALL ACROSS AMERICA AND MAY NOT HEAR ONE WORD OF ANY PROTEST IN OUR MEDIAS ! DONT BE FOOLED AGAIN ! WE ALL KNOW, PRICES NEVER GO DOWN AND STAY DOWN, THEY JUST CONTINUALLY RISE AND RISE ! HAVE YOU HAD ENOUGH YET ? IF SO, WE CAN STOP THIS GOVERNMENT IN THEIR TRACKS !!! YOU MUST FIRST BELIEVE IN A BETTER LIFE , THEN TAKE PART IN THIS MOVEMENT AND COME OUTSIDE AND UNITE IN SUPPORT ON JULY 4TH 2012 !!! IF WE ARE ALL OUTSIDE ON THE SAME DAY IN DEMAND FOR CHANGE ! WE WILL ACHIEVE IT ! THIS IS A PETITION !!! PHOTO COPY THIS AND TAKE PART !!! HAND THIS OUT EVERY WHERE AND TO EVERYBODY !!! SEND A COPY TO YOUR RELATIVES AND YOUR FREINDS ACROSS OUR COUNTRY !!! GIVE1 TO ALL YOUR NEIGHBORS, FAMILY MEMBERS, FREINDS, CLASSMATES, AND ASSOCIATES ! GIVE1 TO EVERYONE YOU KNOW OR DONT KNOW, EVERYONE !!! WANT A BETTER LIFE FOR YOUR CHILDREN AND FAMILY ? EVERYONE MUST PARTICIPATE AND GO OUTSIDE TO SHOW SUPPORT JULY 4TH 2012 ! DO NOT CONTINUE TO BE FORCED TO ACCEPT OUR MONEY'S FALSE VALUE ANY LONGER !!! FOR INFORMATION ON WHAT WE CAN HAVE IN PLACE OF OUR WORTHLESS MONEY, GO ONLINE TO …..www.thevenusproject.com/en/a-new-social-design….. MAY THE TRUTH SET US FREE !!! UNITED WE STAND DIVIDED WE FALL ! GODS SPEED !… JOEKID GIVE1@HUSHMAIL.COM Help in Circulation Cost's PLEASE GIVE $ – To; Give1 PO Box 303 Lucerne Valley CA 92356 … rev 04/08/2011

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