Robot Rebellion
17th April 2003, 02:17
There are so many reasons to get rid of money... It disconnects you with the fruit of the labor, it represents unnatural rigidity, and it doesn’t recognize the failure of capitalist to mount a logical claim on the property that money buys. Worse, as it itself can be an exploitative tool to enslave the labor others, with the monopoly on this means of production…
If I and another limit ourselves to partaking in labor only with an intermediary of exchange, we have to sell our souls to those who have this intermediary of exchange. I can fix shoes, another can make dinner, but we can’t enjoy each other's labor as we have no money. So then we contribute a little of our labor to the friendly banker, to which we purchase money to circulate in our economy, but to which we had to forgo our labor for intrinsically worthless pieces of paper or gold. The US is rich because the dollar is an international currency, where the dollar holders sell worthless peices of paper, and in return get stereos, cars, food, lumber, etc...
Money can't enter an economy naturally. It can only enter via force/coercion/deception/counterfeiting where nobody wants the stuff, because it is intrinsically worthless. It is akin to trying to push a balloon underwater... Important, as without a legitimate source, it can not have a legit claim on it now (like how land can't be owned, even if you bought it with labor from another).
Once money enters an economy it is inherently unstable. I acquire money not for its intrinsic value, but to fool another that it has intrinsic value... A ponzi scheme, where the last ones that acquires such, gets screwed. When the belief in that form of money collapses (of course the poor are the last to know about this), the finance tycoons make out big by manipulating currencies.
Fractional banking represents all the insidious aspects of capitalism (aka privatising gains, while socializing cost). Banks actually started as goldsmith to which people would store their gold in their safekeeping, to which the goldsmith would give them a claim slip on such... Since a goldslip (aka checking account) could be redeemed at any time in gold (aka dollars or whatever your favorite monitery base), the gold slip was in fact gold. The goldsmith (and later banker) notice a percentage of gold always tends to remain in the vault... If hoodlums made off with that percentage, the banker would not be for worse off... The banker then transforms the claim slip into a promise slip on future gold and not present gold, and can counterfeit the money supply, through loaning what they truly don't have to enrich themselves. If you or I counterfeit money, we get locked up by our favorite capitalist oppressors. If banks does it, they are deemed 'helping the local economy'. We have an awful situation where banks create most of our money. The problem is with a debt backed money system (the only way banks can get their counterfeited money into the economy), we have not only an overemphasis on investment... But a system where the debts are unpayable for repaying such will collapse the money supply. If everyone tried to pay down their debts, this would kill reserves thus contracting the very thing needed to pay off our debts! The rich get richer and poor get poorer indeed...
Your typical econ book will gloss over the expansion of the money supply by banks from the monetary base (M0) to (M1 base + demand deposits). They accept the fact that banks create money, (but since probably a lot of economist are employed by banks), gloss over this jaw dropping monstrosity.
Due to the conspiracy of ignorance, many are unaware of this, but it was not always like this...
Andrew Jackson - "If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning."
Thomas Jefferson - "I believe that banking institutions are more dangerous than standing armies."
Andrew Jackson (1833 - to the shadow banking moguls) - "You are a den of thieves - vipers. I intend to rout you out, and by the Eternal God I will rout you out!"
Andrew Jackson - "If Congress has a right under the Constitution to issue paper money, it was given to them to use by themselves, not to be delegated to individuals or corporations."
"Permit me to issue and control the money of a nation and I care not who makes its laws." (Mayer Amschel Rothschild)
"A great industrial Nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the Nation and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world -- no longer a Government of free opinion, no longer a government of conviction and vote of the majority, but a Government by the opinion and duress of small groups of dominant men." (Woodrow Wilson)
"If the American people ever allow the banks to control issuance of their currency, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied." (Thomas Jefferson)
"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 money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied soon." (Robert H. Hemphill, Credit Manager of Federal Reserve Bank, Atlanta, Ga.)
From http://www.biblebelievers.org.au/monie.htm
APRIL 14, 1865: A short time after President Lincoln ordered the Lincoln greenbacks to be printed; which would deprive the banks from charging interest on the money they would have printed, President Lincoln was assassinated by John Wilkes Booth. It's been proven this was a conspiracy because of the other four men who were involved in the assassination, and it has also been established that these men were on the payroll of the Rothschild's.
1963: Six days prior to President John F. Kennedy being assassinated, he ordered the Treasury to print United States Notes to be used as legal tender, a limited amount were printed before his untimely death. This action would have put the Federal Reserve out of business because they would no longer be able to collect interest on the money they would have printed. This would have eventually removed the financial and political control the international bankers had over this country. Ten days prior to his assassination President Kennedy said "The high office of President has been used to foment a plot to destroy the American's freedom, and before I leave office I must inform the citizen of his plight."
NOVEMBER 22, 1963: President John F. Kennedy is assassinated. One of the first acts President Johnson orders is the reversal of the order President Kennedy had made, which had allowed the printing of United States Notes without interest. Was President Kennedy assassinated for the same reasons as President Lincoln?
Jefferson: "The question, whether one generation of men has a right to bind another, is a question of such consequences as not only to merit decision, but place also among the fundamental principles of every government. The course of reflection in which we are immersed here [France] on the elementary principles of society has presented this question to my mind; and that no such obligation can be transmitted, I think very capable of proof. I set out on this ground, which I suppose to be self-evident: that the earth belongs in usufruct to the living; that the dead have neither powers nor rights over it. If [one generation] could charge another with a debt, then the earth would belong to the dead and not to the living generation. Then, no generation can contract debts greater than may be paid during the course of its own existence."
"The few who understand the system, will either be so interested from it's profits or so dependant
on it's favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863
"Whoever controls the volume of money in any country is absolute master of all industry and
commerce." -- James A. Garfield, President of the United States
"Should government refrain from regulation (taxation), the worthlessness of the money becomes
apparent and the fraud can no longer be concealed." -- John Maynard Keynes, "Consequences of
Peace."
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance". -- James Madison
"The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies, all who question it's methods or throw light upon it's crimes. I have two great enemies, the Southern Army in front of me and the Bankers in the rear. Of the two, the one at my rear is my greatest foe.. corporations have been enthroned and an era of corruption in high places will follow, and the money powers of the country will endeavor to prolong it's reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed. Abraham Lincoln
SIR JOSIAH STAMP, (President of the Bank of England in the 1920's, the second richest man in Britain)
"Banking was conceived in iniquity, and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen, they will create enough deposits, to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But if you wish to remain the slaves of Bankers, and pay the cost of your own slavery, let them continue to create deposits."
Lincoln "Yes; we may all congratulate ourselves that this cruel war is nearing its close. It has cost a vast amount of treasure and blood. The best blood of the flower of American youth has been freely offered upon our country's altar that the Nation might live. It has been, indeed a trying hour for the Republic; but I see in the future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of the war."
LEON N. TOLSTOY
"Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal -- that there is no human relation between master and slave."
PRESIDENT JOHN ADAMS
"All the perplexities, confusions and distresses in America arise not from defects in the constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit and circulation."
Benjamin Franklin "The refusal of King George to operate an honest colonial money system which freed the ordinary man from the clutches of the manipulators was probably the prime cause of the Revolution."
"We would have gladly borne the little tax on tea, and other matters, had it not been that they took from us our money, which created great unemployment and dissatisfaction. Within a year, the poor houses were filled. The hungry and homeless walked the streets everywhere."
Thomas Edison “It is a terrible situation, when the Government, to insure the national wealth, must go in debt and submit to ruinous interest charges, at the hands of men, who control the fictitious value of gold. Interest is the invention of Satan."
If I and another limit ourselves to partaking in labor only with an intermediary of exchange, we have to sell our souls to those who have this intermediary of exchange. I can fix shoes, another can make dinner, but we can’t enjoy each other's labor as we have no money. So then we contribute a little of our labor to the friendly banker, to which we purchase money to circulate in our economy, but to which we had to forgo our labor for intrinsically worthless pieces of paper or gold. The US is rich because the dollar is an international currency, where the dollar holders sell worthless peices of paper, and in return get stereos, cars, food, lumber, etc...
Money can't enter an economy naturally. It can only enter via force/coercion/deception/counterfeiting where nobody wants the stuff, because it is intrinsically worthless. It is akin to trying to push a balloon underwater... Important, as without a legitimate source, it can not have a legit claim on it now (like how land can't be owned, even if you bought it with labor from another).
Once money enters an economy it is inherently unstable. I acquire money not for its intrinsic value, but to fool another that it has intrinsic value... A ponzi scheme, where the last ones that acquires such, gets screwed. When the belief in that form of money collapses (of course the poor are the last to know about this), the finance tycoons make out big by manipulating currencies.
Fractional banking represents all the insidious aspects of capitalism (aka privatising gains, while socializing cost). Banks actually started as goldsmith to which people would store their gold in their safekeeping, to which the goldsmith would give them a claim slip on such... Since a goldslip (aka checking account) could be redeemed at any time in gold (aka dollars or whatever your favorite monitery base), the gold slip was in fact gold. The goldsmith (and later banker) notice a percentage of gold always tends to remain in the vault... If hoodlums made off with that percentage, the banker would not be for worse off... The banker then transforms the claim slip into a promise slip on future gold and not present gold, and can counterfeit the money supply, through loaning what they truly don't have to enrich themselves. If you or I counterfeit money, we get locked up by our favorite capitalist oppressors. If banks does it, they are deemed 'helping the local economy'. We have an awful situation where banks create most of our money. The problem is with a debt backed money system (the only way banks can get their counterfeited money into the economy), we have not only an overemphasis on investment... But a system where the debts are unpayable for repaying such will collapse the money supply. If everyone tried to pay down their debts, this would kill reserves thus contracting the very thing needed to pay off our debts! The rich get richer and poor get poorer indeed...
Your typical econ book will gloss over the expansion of the money supply by banks from the monetary base (M0) to (M1 base + demand deposits). They accept the fact that banks create money, (but since probably a lot of economist are employed by banks), gloss over this jaw dropping monstrosity.
Due to the conspiracy of ignorance, many are unaware of this, but it was not always like this...
Andrew Jackson - "If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning."
Thomas Jefferson - "I believe that banking institutions are more dangerous than standing armies."
Andrew Jackson (1833 - to the shadow banking moguls) - "You are a den of thieves - vipers. I intend to rout you out, and by the Eternal God I will rout you out!"
Andrew Jackson - "If Congress has a right under the Constitution to issue paper money, it was given to them to use by themselves, not to be delegated to individuals or corporations."
"Permit me to issue and control the money of a nation and I care not who makes its laws." (Mayer Amschel Rothschild)
"A great industrial Nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the Nation and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world -- no longer a Government of free opinion, no longer a government of conviction and vote of the majority, but a Government by the opinion and duress of small groups of dominant men." (Woodrow Wilson)
"If the American people ever allow the banks to control issuance of their currency, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied." (Thomas Jefferson)
"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 money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied soon." (Robert H. Hemphill, Credit Manager of Federal Reserve Bank, Atlanta, Ga.)
From http://www.biblebelievers.org.au/monie.htm
APRIL 14, 1865: A short time after President Lincoln ordered the Lincoln greenbacks to be printed; which would deprive the banks from charging interest on the money they would have printed, President Lincoln was assassinated by John Wilkes Booth. It's been proven this was a conspiracy because of the other four men who were involved in the assassination, and it has also been established that these men were on the payroll of the Rothschild's.
1963: Six days prior to President John F. Kennedy being assassinated, he ordered the Treasury to print United States Notes to be used as legal tender, a limited amount were printed before his untimely death. This action would have put the Federal Reserve out of business because they would no longer be able to collect interest on the money they would have printed. This would have eventually removed the financial and political control the international bankers had over this country. Ten days prior to his assassination President Kennedy said "The high office of President has been used to foment a plot to destroy the American's freedom, and before I leave office I must inform the citizen of his plight."
NOVEMBER 22, 1963: President John F. Kennedy is assassinated. One of the first acts President Johnson orders is the reversal of the order President Kennedy had made, which had allowed the printing of United States Notes without interest. Was President Kennedy assassinated for the same reasons as President Lincoln?
Jefferson: "The question, whether one generation of men has a right to bind another, is a question of such consequences as not only to merit decision, but place also among the fundamental principles of every government. The course of reflection in which we are immersed here [France] on the elementary principles of society has presented this question to my mind; and that no such obligation can be transmitted, I think very capable of proof. I set out on this ground, which I suppose to be self-evident: that the earth belongs in usufruct to the living; that the dead have neither powers nor rights over it. If [one generation] could charge another with a debt, then the earth would belong to the dead and not to the living generation. Then, no generation can contract debts greater than may be paid during the course of its own existence."
"The few who understand the system, will either be so interested from it's profits or so dependant
on it's favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863
"Whoever controls the volume of money in any country is absolute master of all industry and
commerce." -- James A. Garfield, President of the United States
"Should government refrain from regulation (taxation), the worthlessness of the money becomes
apparent and the fraud can no longer be concealed." -- John Maynard Keynes, "Consequences of
Peace."
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance". -- James Madison
"The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies, all who question it's methods or throw light upon it's crimes. I have two great enemies, the Southern Army in front of me and the Bankers in the rear. Of the two, the one at my rear is my greatest foe.. corporations have been enthroned and an era of corruption in high places will follow, and the money powers of the country will endeavor to prolong it's reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed. Abraham Lincoln
SIR JOSIAH STAMP, (President of the Bank of England in the 1920's, the second richest man in Britain)
"Banking was conceived in iniquity, and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen, they will create enough deposits, to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But if you wish to remain the slaves of Bankers, and pay the cost of your own slavery, let them continue to create deposits."
Lincoln "Yes; we may all congratulate ourselves that this cruel war is nearing its close. It has cost a vast amount of treasure and blood. The best blood of the flower of American youth has been freely offered upon our country's altar that the Nation might live. It has been, indeed a trying hour for the Republic; but I see in the future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of the war."
LEON N. TOLSTOY
"Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal -- that there is no human relation between master and slave."
PRESIDENT JOHN ADAMS
"All the perplexities, confusions and distresses in America arise not from defects in the constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit and circulation."
Benjamin Franklin "The refusal of King George to operate an honest colonial money system which freed the ordinary man from the clutches of the manipulators was probably the prime cause of the Revolution."
"We would have gladly borne the little tax on tea, and other matters, had it not been that they took from us our money, which created great unemployment and dissatisfaction. Within a year, the poor houses were filled. The hungry and homeless walked the streets everywhere."
Thomas Edison “It is a terrible situation, when the Government, to insure the national wealth, must go in debt and submit to ruinous interest charges, at the hands of men, who control the fictitious value of gold. Interest is the invention of Satan."