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OpEdNews Op Eds    H3'ed 7/2/12

Are We About to Be Enslaved by the Central Banks of the World?

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Richard Clark
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Or are we already enslaved by them?

 

First, check out this rare admission from a dying dinosaur media outlet that we are already under the global governance of corrupt elite bankers.   CNBC admits, "We are absolutely slaves to central banks."

    Video clip

 

Secondly, you need to better understand how our money is created, out of thin air, from nothing, by our central bankers.   And then it is loaned to us and our governments, at interest.   Next, we all work our tails off so that we can pay the huge amounts of interest on these millions of loans, including the largest among them, which are made to "our' government.     These gargantuan loans to our government require interest payments from all of us, which are collected from us by the IRS so that they can then provide lavish incomes and life styles for the banksters who are behind this entire diabolical scheme, which, in essence, is a clever form of organized thievery.  

 

A lot of people assume that the federal government creates our money.   But that is not the case.   If the federal government could just print up, and then spend, that newly created money, on projects it considered worthy (infrastructure, education and the like), and do this whenever it wanted to, our national debt would be zero, and the amount of interest we would have to pay would also be zero.   But instead, our national debt is now nearly $16 trillion (a stack of hundred dollar bills 10,000 miles high), and we taxpayers are paying a huge amount of interest on that 16 trillion every year.   In fact, these payments comprise the third largest item in the federal budget.  

 

So why does our government (or any sovereign government for that matter) have to borrow money from anybody?   Why doesn't it just create the money itself, as was done when Abraham Lincoln was president, and again, briefly, when John F. Kennedy was president?   That turns out to be a very interesting question, especially in view of the fact that both Kennedy and Lincoln were shot in the head and killed.

 

This point needs to be driven home:   the U.S. government does not really have to borrow a single penny from anyone.   However, under its domination by the U.S. Federal Reserve Bank (a purposely misleading name, since the bank is privately owned, by bankers who don't want the public to catch on to gigantic scam they have been running for the past 90 years), the U.S. government has purposely allowed itself to be subjugated to a financial extraction arrangement in which it must constantly borrow ever larger amounts of money from the banksters who own America's central bank, i.e. the U.S. Federal Reserve.   In fact, this is how it works in the vast majority of the countries on the planet at the present time.   (Bankers worldwide are smart, scheming, rich and politically powerful.)

 

So why are things organized in this way?!   It's simply because banksters are by this means able to extract billions of dollars annually from the rest of us.   Problem is, this system they've set up, that allows them to do this, is not sustainable, and the structural problems caused by such an absurd arrangement are at the very heart of all our economic and financial problems today.   But the banksters really don't care about that, as long as this system, this arrangement, continues to provide them with great wealth, much political power, and a very, very privileged lifestyle.   When our economy finally crashes, under the strain of this massive, organized thievery, they will have accumulated so much wealth from us (as well as the political power that some of this money buys), that they will weather the subsequent financial storm just fine, and will, in very short order, be back on top of whatever political-economic system emerges from the chaos of the mammoth recession/depression  that's coming.

 

So, with that said as background, back for a review of the question of where money comes from.   In the United States, as stated at the outset, it comes from the Federal Reserve Bank, which creates it out of thin air.   When the U.S. government decides that it needs to spend another billion dollars that it does not yet have, it simply prints up a bunch of U.S. Treasury bonds and essentially takes them over to the banksters at the Federal Reserve and sells them.

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Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)
 

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