WHERE DID ALL THE MONEY GO?

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1 WHERE DID ALL THE MONEY GO? A RESCUE FROM PALM TREE ISLAND We live in exciting times. The year 2013 holds some extra ordinary events. A new Pope has been elected. Pope Francis says we should help the poor. Jesus was poor. Jesus loved the poor. He warns about the dangers of political systems that Create Poverty will also hold an anniversary that affects all USA citizens. Let us congratulate the Federal Reserve for 100 years service with the responsibility of creating new money for the United States of America. Since 1913, our population grew 3 ½ times and our Gross Domestic Product (GDP) grew 50 times. That means most of the money in circulation today in the United States was created by the Federal Reserve. They earned the trust and respect of We the People so much that most of us forget that the Federal Reserve, The Fed, is owned by private bankers. (Google: Who owns the Fed?) By Anonymous Angel Member OP (Lay Dominican) 4 /08 /13 Is there a solution to the American debt and poverty problem? The American people are in awe, as once again, the Federal Reserve banks made more profit last year than any other corporation in America. They are living the American dream. We the People trust them so much that they are the only corporation that is not allowed to be independently audited. (See current Congress bills H.R. 459 and S. 209). They earned so much respect from our public servants that they gave The Fed the steering wheel of our economy to avoid the fiscal cliff that can lead to our country s ruin. Congratulations and Happy Anniversary Fed! Although the news in the mass media finds accusations and scandals everywhere, today they seem to repeat only praise for the big banking cartels. This was not always the case with the American people. President Thomas Jefferson said: the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. President Abraham Lincoln said: I have two great enemies, the Southern Army in front and the bankers in the rear. Of the two, the one at my rear is my greatest foe. A little history: A USA depression took place in People were upset with the big banks. Poverty was spreading everywhere. In 1896, the Democratic presidential candidate, William J. Bryan, said the banks nailed us to a cross of gold. He wanted to get rid of the Gold Standard and the wicked bank cartels. If we want to use something for money, use silver. However, he lost the presidential race. 1

2 L. Frank Baum in 1900 wrote a children s book called The Wizard of Oz. His popular children s book was said to be a parable of the big bank problem in America. Dorothy represents Innocent America. The Wicked Witch of the East and West were the bank cartels. In the original story, Dorothy s shoes were silver. In the Hollywood version, the shoes were changed to rubies because it looked better on color TV. People directed Dorothy along the yellow brick road (gold standard) to the Wonderful Wizard of OZ (Washington politics) to fix all her troubles. Along the way she met the Scarecrow. He represented the small American farmers. The farmers were smart but they did not have fancy degrees and they trusted the big banking cartel. The boom and bust policies of the big banks allowed the banks to steal all of their farms and drive them into poverty. Dorothy then met the Tin Man who represented the small manufacturing businesses in America. They tried to succeed with all their hearts but when the big banks supported monopolies or overseas business they ceased financing the little businesses and many of these businesses failed. Dorothy finally met the Cowardly Lion. He was like the politician who had the power to do something but was too afraid. How was Dorothy s problem solved? How did she get rid of the wicked witch? Can we solve our problem today? A National Crisis Today s problem, the fiscal cliff, is on everyone s mind. When an industrial chemical plant or a power plant has troubles with their production, they call a chemical engineer in to calculate a Heat and Mass Balance on their system in order to see the big picture. This helps to find where all the chemicals were going or where all the energy was going. The task can be very intimidating with many alarms sounding and many people presenting complicated ideas to fix the problem. Eventually, the engineer compares the new calculations with the original design and looks for differences between the two. Once a difference is found, it is easier to find the mysterious drain or hole in the tank that is making all the chemicals disappear. The problem can be fixed and the company can once again make a profit. Applying this method to the USA s fiscal cliff, the first question is, Where did all the money go? When most of the USA citizens are in debt, most of the States are in debt and the Government is over 16 Trillion in debt, the question is worth repeating. Where did all the money go? Trillions To grasp the concept of a trillion dollars, imagine that there are $1000 bills available. If you held your hand out and stacked up a million dollars worth, the stack will be about four inches high. A trillion dollars will be about 65 miles high. That is a lot of money. Can all that money be that hard to find? On October 17, 2012, the Washington Post article Who Owns US debt, showed the top ten foreign countries that own our debt. China owned 1.2 trillion dollars. Japan owned 1.1 trillion dollars. As it turns out when you add up all the foreign ownership, it comes out to a total of 5.3 trillion dollars. That is astronomical, but who owns the other 11 trillion in our debt? An article in Main Street, Feb 28, 2011 titled Who owns the US? also described the US debt. This article also revealed that most of the country s debt is held by private banks. I think we found the mysterious drain or hole in the tank that is making the money disappear. 2

3 The Mysterious Drain What did the private bankers do to earn all that money? As you look closer, the mystery becomes obvious. The key is seen when the United States increases their money supply, and they issue/print more money. They create new dollars. The problem is the United States government itself does not create new dollars; the Federal Reserve does it for us and asks us to pay them back in full plus interest. For example, when the Federal Reserve creates an additional trillion dollars for us, in exchange they get an IOU called a Treasury Bond and We The People have to pay them one trillion dollars plus $60 billion a year in interest for that Treasury Bond. Where did the Federal Reserve get the new money? They get it out of thin air. They just have to add zeros to their/ (our) balance sheet and tell the Treasury Department what percentage of the money (usually very small) they want printed in cash.¹ The deception is that most people think the new money that the Federal Reserve Bank / (Fed) creates, belongs to the United States government. The Fed is actually a cartel of private bankers.² This is similar to a private company called Federal Express. IT TAKES 3 STEPS TO SOLVE THE MONEY DRAIN MYSTERY Step 1: Define What is Money? Money itself is a social contract. Money is the current medium of trade/exchange in the form of coins, electronic data and banknotes. The money gets its value because the United States says that it will use it. Step 2: Look at an Example of a Social Contract Let us say that your uncle named Sam made raffle tickets to raise money. He designed $1000 worth of raffle tickets to fit on one sheet of paper. He planned to print them off and cut them out himself. Sam went to the Copy Store and they charged him 10 cents to print off each sheet. Since it only cost him 10 cents to print it off, he could be ahead by $ Where does the raffle ticket get its value? It has value because Uncle Sam says he will use the raffle ticket. Then Sam went to the Crooked Copy Store. They printed his raffle sheet and said; Here is your $1000 worth of raffle tickets. We are not charging you 10 cents; we are charging you $1000. Don t worry; we will make an IOU so you have time to pay us back. By using the Crooked Copy Store, Uncle Sam will lose money no matter how many raffles he does and eventually he will go over the fiscal cliff. This is the crooked deal the Federal Reserve has with printing the USA dollars. The IOU is called a Treasury Bond. Step 3: Take a Visit to Palm Tree Island For a money example, imagine three families were in a place called Palm Tree Island. The Smith family owned a farm and grew food. The Jones family owned a boat and caught fish. The Washington family owned an inn where people could stay. Trading eggs for fish was a little messy so they decided to print their own money as a social contract. They estimated the wealth of each family and gave themselves $100,000 Palm Tree dollars each. Where does the Palm Tree Dollar get its value? It has value because they say they will use it. Everything was going well, but as their families grew they converted more farm land, had more chickens, and built more inns, so they needed more money in circulation. They knew as their Gross Domestic Product (GDP) grew, they needed more money in circulation so they printed more Palm Tree dollars at almost no cost to themselves. 3

4 IT COSTS 10 CENTS TO PRINT $1000 OF S The Smith, Jones, and Washington families discussed how to divide the newly created money. They wisely set up a simple government and used the new money to hire people to build better roads and convert more ground into farmland in order to meet the needs for the common good of the people. Notice, no IOU or Treasury Bonds were required to print their money. Over the years, everything was flourishing on Palm Tree Island. There was no debt! The Crooked Deal One day an in-law to the Smith family named Rob, asked to do the job of printing the new money. He was from a different place called Jekyll Island. The new money was called Jekyll Dollars. When he printed $100,000 Jekyll Dollars, Rob said: Instead of charging the Palm Islanders only 10 cents a sheet for printing cost, I am going to charge you the full face value of $100,000 plus interest. The person in charge of the government belonged to Rob s secret club and received a special bonus for agreeing to Rob s crooked deal. He asked How can you get away with this? Easy, said Rob. I will give the Palm Islander s 20 years to pay it back. IT COSTS 10 CENTS TO PRINT $1000 OF S 4

5 We will mislead the people by calling the IOU a Treasury Bond. You tell everyone on Palm Tree Island that issuing this new money will work just like before and I will give you a big bonus. A few years later as their GDP grew; Palm Tree Island needed more money in circulation. Rob said; You need another $100,000, but you already owe me $100,000 plus interest. Therefore I will have to print off $200,000 new Jekyll Dollars and give you $100,000 and use the rest to pay off some of the loan. Don t worry, we will make a Treasury Bond that gives you time to pay it back. In a few years their GDP grew, and they needed more dollars in circulation. Rob said; You need another $100,000, but you already owe me $200,000 plus interest. Rob printed more Jekyll Notes and the crooked deal of IOU s made more debt. Rob used some of his new wealth to buy all the media stations on the Island; he used this to confuse people about his banking methods. He made printing money more complicated than it needed to be. The Fiscal Cliff One hundred years went by and Rob s great grandchild named Robber Jr. said; You need another $100,000, but you already owe 16 trillion. You guys are a bad investment. I do not want to give you any more of my money. I want your Island instead. I will use you as slaves to do my work for me. I will control everything. I made you poor, I will keep you poor. We will rename this to Welfare State Island so the world thinks I love the poor. Ha, ha. The Solution The great grandchildren of the Smith, Jones and Washington families were very distressed from facing poverty and did not know what to do. Money had become a big problem. One of the little ones said, Look at our money! There is a message from our forefathers on it that says In God We Trust. Let us stop doing the things we know are wrong and turn to God and ask for help. Since they had nowhere else to turn, they humbled themselves and asked God s help. As they prayed, they were inspired to make and USE their own Palm Tree Island dollars again, without the IOU to Robber and not USE Jekyll Dollars. They gave Robber back his Jekyll Dollars and gave everyone on the Island their own Palm Tree Dollars. They gave glory to God, were rescued from poverty and lived happily ever after. Why doesn t our government just print our own money? If you look at a US Dollar, it will say Federal Reserve Note on the top of it. President John F. Kennedy saw the country s deficit rising and printed new US Dollars again in These newly printed dollars say United States Notes at the top of each dollar. To see this money for yourself, Google, using images, United States Notes There are various size bills usually from series 1963 that say United States Notes at the top and not Federal Reserve Notes. Unfortunately, John F. Kennedy was assassinated on November 22, 1963 and the succeeding government officials stopped making the United States Notes and let the Federal Reserve resume making the money so we the people of the United States will pay them back in full plus interest. 5

6 UNITED STATES NOTE FROM 1963 COSTS NOTHING FEDERAL RESERVE NOTE COSTS 16 TRILLION IN DEBT Why have I not heard of this simple solution before? Do you know how many Main Street media stations you can control with a trillion dollars? Can politicians and teachers unions be influenced by trillions of dollars? Who has spoken up against this injustice? Thousands of notable people, some risking their lives, have spoken out, but their cries unfortunately never make the mainstream media. Congressman Louis McFadden gave a talk when it was generally agreed that the abuse by the big bankers caused the Great Depression. See 6/10/1932 Congressional record # Glen Beck exposed the Fed on Fox network on March 25, Glen asked the prophetic question, How do the big bankers control all the media outlets? His show was cancelled within two weeks. Watch this video before it gets removed from the Internet. Ellen Brown has an excellent book The Web of Debt from 2008 that explains monetary policy that is not taught in our Universities today. Ellen also makes the Wizard of Oz connection with the big banks. Reporter Bill Still has my favorite Youtube documentary called The Secret of OZ. Bill explains monetary policies and corruptions and offers simple, practical solutions bringing out something dear to the American culture, the Wizard of Oz. At the end of the her long journey, the Good Witch told Dorothy, It was so simple, you had the power all along but you would not believe me, you had to learn it by yourself. In the United States, We the people have the power to create our own money. 6

7 THE BOTTOM LINE The Fed is supposed to issue new money for We the People. Instead, they are issuing new money for themselves and lending it to us to be paid back in full plus interest. This creates trillions in wealth for private bankers and self-serving politicians. It also creates great debt and poverty for We the People. We are being deceived. The mass media is repeating that our friends at the Fed are buying our debt. However, it cost them nothing and we have to pay the debt back to them. Do the math. As long as this crooked deal is allowed to go on, the debt problem will get much worse until we lose everything. Therefore, issue our own money and liquidate the Federal Reserve Company. This is truly a crime against the common good of We the People. Because of THIS INJUSTICE, 50% of the wealth in the world is owned by.01% of the people, mostly in offshore banks.³ World hunger, poverty, and disease cannot be fixed unless this is changed. Who created our money before 1913? We the People did it ourselves. In the very first Article of the USA Constitution, section 8, our fathers gave We the People the power to create our own money. Remember our slogan on the United States Dollar, In God We Trust. Pray to the God we Trust. As David defeated Goliath with the help of God, we can beat the two headed debt and poverty monster. Secondary Issue The issues of the Gold Standard and Reckless Spending are secondary issues to the main issue of creating money. At the end of 2012, an Audit the Fed bill proposed by Ron Paul received overwhelming support from Republicans and Democrats when H.R. 459 passed in the House by a vote of Wealthy powers are trying to stop #S. 209 from becoming law in the Senate. Our fathers also gave you the power to put pressure on your representatives. Learn and share. Be bold. Be relentless. Congress worked very hard to give this great opportunity. We must close the deal. The timing is perfect. Please do not rely on the mass media to do your job. Right now, tell the Senate to pass; Audit the Fed Bill #S As Dorothy splashed the Wicked Witch with water and melted her, the common people can Liquidate the Federal Reserve Corporation and be free from the wicked slavery of debt once and for all. We the People need you to help! May God, in whom we trust, Bless America! CLICK HERE TO PETITION YOUR CONGRESSMAN TO Audit the Fed Footnotes ¹ The Web of Debt by Ellen Brown. (Chapter 2) ² The Creature from Jekyll Island, by Edward Griffin Pages ) ³ See for free copies. 7

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