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Slingshot
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February 02, 2014, 08:14:54 PM
Last edit: February 03, 2014, 02:55:30 AM by Slingshot |
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edited:
Fact: Debt Based Fiat at usury rates of interest into perpetuity is what got us all into this mess. Not democrats, Not Republicans, etc.
Fact: There is no difference between Tax & Spend Democrats and Borrow & Spend Republicans for the last 3+ decades. Their both owned and controlled by the wealthy elite. The top 0.1%
Fact: This isn't about politics, or ideologies. This is about a sustainable, long term monetary solution(s). In other words Debt FREE currencies that are NOT OWNED, nor CONTROLLED, by ANY BANKSTER (Central Bank), nor any Government. But instead their fully DECENTRALIZED from being Controlled and manipulated after their issue, and forever always on their Debt Free currencies, unlike the tragic mess that is fiat today. That of course is why Crypto-Currencies are so revolutionary.
Fact: This is about checkmating out of control greed and fraud. Out of control Powers, and Dominance.
Satoshi Nakamoto gave this gift to everyone. To the future. Satoshi EARNED every last 'satoshi' of his.
Fact: All but a tiny few of the World's nations are completely insolvent. Just like the Worlds Banking and Financial Sectors. We're all much worse than merely bankrupt, we're all hopelessly insolvent, and have been that way since September 2008, and really long before that.
Fact: There is no way out of this mess except to take 2007 dollars and devalue them down to about 0.12cents each, same or much worse for all the other nations fiat currencies, less at most a few small nations, and even they will find themselves ruptured as things unwind. And that was as of 2007, today things are far worse than that model just laid to bare (0.12 cents on the usd).
Fact: Either they keep QE to infinity, or we all suffer through severe Deflation with Systemic Debt (Bond) Defaults, and other systemic, cascading debt defaults. The least painful way is to inflate, or that's the least painful way for governments and banks to go.
Fact: All their doing is pretending and extending. (kicking the can just a little bit more forward, delaying the point of failure) with endless QT, unless they get very serious with inflating away (devaluing currencies), all so the debts versus the vastly increased money supply can again be in harmony for a little while, but only if that new money works it's way through the system, and so far it's not doing that. And all the while, the debts grow ever larger, and the problems grow ever greater, and the end results will end up ever more painful for all of us as a result.
It's truly insanity to think we can borrow our way out of this mess. And that is the insanity of these Central Banks and their client nation states. Sanity must be found. Satoshi forces that sanity to come about through debt free, decentralized, secure, crypto-currencies.
Fact: But even then we're all still trapped in the Central Banksters grasp, (The FED's, and the Bank of England, Bank of Japan, etc...), because they will forever keep loaning our debt based fiat into existence at usury rates of interest, and their by trap everyone into debt bondage from cradle to grave.
This isn't about liberals or conservatives. This is about IDIOTS. fools. dimwits. Dupes. Suckers. ALL OF US. We have been played for all that and more. We didn't know these facts before. But we do now, and those facts are still spreading today across the spectrum.
Governments haven't been in control. It's the CENTRAL Banks and their Shareholders, along with the other top 0.1% of the population that are in complete command and control, and dominate our world. And that have been in full command and control, and in dominance of every nation. Sure there are exceptions, such as Communist Red China. A defacto State-Fascist Dictatorship, but labeled as communist. Or at least that's my personal take on that. Sure there are other exceptions. The five 'axis of evil nations' that all have/had their own debt free state currencies, and well that's another thing the Banksters can't let that dare stand for fear it may spread! Much like Nazi Germany issued (devt free currency) and then of course have Jewry declare all out war on Germany for that, and more, (such as kicking them out of power and control in Germany). Those that had been in control of Germany ruined that country, indeed the world, and driving it into a horrible financial depression. Not to mention the WW1 reparations that bled Germany terribly. History is again very much doing the same thing all over again today, all across this world. And with those in full command and dominance in absolute denial, while spinning the facts and stating lie after lie. IE: The vast majority of 'socialism' has been socializing the wealthy elites losses, and tossing it on the backs of other tax payers. But then that's not socialism at all. But they always contort and twist things, and of course misdirect. Their experts at deceit, and it clearly shows.
DEBT BASED FIAT is THE Problem. Period. As soon as the first loan is made suddenly there is more debt than currency due to the interest. It's a giant fraud, scam, scheme, PONZI, on the entire population, by the Banksters. And with the complicity of Governments who are at the Banksters beck and call. Not the other way around.
Recall the comment congress man that stated "frankly they own this place", meaning the Bankers own Congress. That was on Capital Hill during the September/October 2008 Crisis. He, like other congress people was just taking his marching orders, like all the rest of them, while putting up the good fight, for good public theater. They all lie and misrepresent themselves just to win and get elected. All of them. That's how the political game is played. From 'read my lips', to all the other nonsense such as 'the first thing I am going to do is bring the troops home'. Get over it. They all lie to get elected. They all misrepresent who they really are, and what their really for. Black truly is white, and white truly is black. Just flip what they say, then you more than likely know who they are, and what their really for.
Their entire monetary foundation is a giant fraud, the most evil scheme ever cast onto this world. We can't let it stand any longer. Otherwise they will force ever worse forms of Fascism, Tyranny, and God only knows what else besides ever worse taxation and debt bondage, on all of us. Their already scared, frightened. It shows. They know they lost control of things. They know they have been stealing assets like theirs no tomorrow for decades. They know wall street scammed everyone in the world forever, they were in on it themselves, just like every major stock market did, and every bond market, and major banks all across the world. It's all corrupt to the core, just like their client nation states. The financial sector really does need strong, prudent regulations, just like any casino does. Their not that different in the scheme of things. We can't trust anyone when it comes to MONEY. That much is glaringly obvious to all but mere fools.
Our only hope is to DECENTRALIZE our currencies. And until then we're all merely the Banksters Slaves.
On to Goldman Sachs:
1. Goldman was an INVESTMENT BANK, not a Commercial Bank. Until they busted out due to 3rd counter party risk (AIG). They didn't qualify
for any bailouts either. But of course unlike Bear Sterns and Lieman dear ole Goldman Sachs got to change their charter to a Commercial
bank, and there by qualified for bailouts, backstops, and more.
2. Suddenly Goldman is allowed to become a Commercial Bank during the Oct. 2008 Crisis. So now they too qualify to be bailed out, and of course they and their other Bankster pals at other banks, and on wall street made certain AIG is bailed out simply because they all scammed AIG into insolvency, to the tune of over 100 Billion dollars. So suddenly all the biggest LOSERS are turned into winners. That's not capitalism. That's not a Republic. That's not a Democracy. That's Corporate Fascism. Or merely Socialism for the Ruling Classes and no one else. Either way it's dead wrong.
WE NEVER REWARD FAILURE in the past. Not until 2008.
That's Corporate Fascism (where the most wealthy Corporations control Government, the State, and it's Peoples. Their suddenly re-writing the rules when they lose so instead they end up winning, and writing the new laws stuffed down congresses and the white houses throats all the while, through any and every means, including coercion, blackmail, threat of prison, whatever it takes. Think bugs, spying, tapping, ect.).
Lastly, as for the Goldman Sachs EX EMPLOYEES. It's sad, many wont ever trust them because their tainted from being ex employees of Goldman Sachs. Sure, some of them are likely good, decent people. And sooner or later they realized that they were in a rotten to the core industry, and left. Okay. But how can those like myself ever deduce who is who from those tainted ex employees? We can't. Much like ex-felons, their tainted. Of course some of us can size others up after being on this earth for over 5 decades, but that's of little use to others.
Sure, anyone can create and promote a Crypto-Currency. Even I can today, very easy now. But it wouldn't likely be a success. Nor will anything with any ex Goldman Sachs name on it. Or JP Morgan Chase, Or Bank of America, ect. They best just not brag about where they came from if they came from there, that is if they want to have any shot of getting many to give their Crypto a real chance. it was arrogantly stupid to even mention such a thing in light of why this revolution got started. Yet here JP Morgan Chase is also suddenly announcing their game for this too. It's laughable how this is going now but that's fine. As long as their DEBT FREE, Decentralized currencies I suppose they have a chance too. But it would be far better for any future debt free Official national 'legal tender' to be publicly issued and created by the governments themselves, in competition with the free marketplace. It's just much more ethical, and would hopefully be just that. Then again...maybe not. Competition is a great thing. Just don't think tyrants such as J. Paul Getty ever believed that! They didn't. Not in the 1st Gilded Age, and certainly not in this 2nd Gilded Age of fraud & greed among the ruling elite.
The ex employees of Goldman were merely the hired help, much like anyone. But rewarding their tragic failure with bonuses after the disaster they caused is unthinkable. We Never Reward Failure. Unless of course we're buying someone, to keep them in line, playing ball, toeing the offical company line. The 'best and brightest'? Not hardly. Not even remotely. Not even in the ball park. Same for their chief executives and the board members. They again blew up the entire international financial system. They have done it over and over for centuries. Because they are anything but the best and brightest.
Okay, so now on to the macro facts.
1. Governments are not really in control of their currencies. It's the Central Banks. Some are Private Central banks (The FED), and some so called 'Pubic' Central banks. The US Dollar is not the USA's dollar at all. Look at a dollar bill, any size bill. Read it. It says "Federal Reserve Note" right on the bill. The FED owns them. Every dollar is LOANED to the USA's government, loaned into it's very existence. Even worse the member banks themselves when they loan out money for a new mortgages, or any other loans, those funds are quite often just created out of thin air, just like the FED does it. They never existed before those loans were even made. Nice gig for them! It's truly the most flawed system imaginable, when closely examined.
Yet the billionare parasital maggots and the Alan Greenspans all share a trait. So called Libertarians they all are. And they lust for their man Ron Paul to convince others that Deregulation of everything, even the financial sector, and Privatization of even our water, clean or otherwise, fully unregulated is just dandy. Those are the two largest flaws of Austrian economic nonsense. Sure, much of the rest is correct. So is much of the Chicago School of economics, minus it's tragic flaws. Just don't go seeking any orthodox economist to admit such things in public, or even in private. Society is getting played, terribly, for fools, and worse.
2. Yes, the USA government has sway, but fact is the FED is a PRIVATE Corporation, owned fully by it's member banks, chiefly the largest ones. That all occurred 100 years ago, in 1913, when the FED was allowed to be our 3rd National (Central Bank), after decades of not having one due to them truly being 'a den of vipers and thieves' per President Andrew Jackson in the early 1800's. And these cunning, diabolical, evil, crooks even came up with a wonderful name for their long con. (The FED) IE: The Federal Reserve. Which has nothing at all to do with the Federal government at all. No more than does the Federal Express shipping company. But it sure fooled the population for almost a century whom thought the FED was and is an 'independent agency of our government. NOT!
To this day those at CNBC and other mainstream news outlets still peddle the lie that their an independent agency of the USA's government. NOT TRUE. It's the OWNERS of the Central Banks that are our Masters. Masters of our World. And it's the FDIC Member Banks that Own the FED. Precisely their shareholders. And the largest shareholders hold the cards. All of them. A Royal Flush.
3. The NY FED is the DOMINATE Fed Branch, in full command and control. With those such as "Turbo Tax" Tim Geither having served there
prior to his next gig at the US Treasury of all places.
4. Of course it's peddled out there that the FED is 'an independent branch of the USA Government'. It's not. Even Federal judges ruled as much. Yet those even with degrees in economics even believe otherwise because that is what they were told. That's how corrupt this truly is. Lie after lie has been perpetrated, decade after decade. And until the internet came it was far easier to contain the facts from the public. Not so anymore. And exactly why the powers at large want to throttle and control the internet. Of course they wont get the chance. At least not for very long. That too will soon be Decentralized, if some of us have anything to do with the course the future goes. All to defuse the ruling elites power and control over the rest of us.
As for ex employees of Goldman Sachs, I wont ever trust anyone from there, or from wall street, or from any bank, insurance company, or financial institution. I simply know better. Too many are too darn good at fooling even the best readers of people. Over 5 decades I have learned never to trust any of them, especially any of them when it comes to money, the hard way, by personal experience. It's their job to make money from our money. We simply can't trust those den of vipers and thieves on wall street, such as Goldman Sachs, anymore than we can trust our commercial banksters and their Central Bank, the FED. Their financial parasites, and after being deregulated they stole, swindled, and scammed again without restraint, just like in the roaring 1920's. That's how we got here today. History indeed rhymes again.
For well over a decade now dozens of senior ex Goldman Sach executives entered our governments highest chambers, and most recently as many as 21 ex Goldman execs ave been controlling and handling our Executive branch of government. It's not pretty. It's truly a form of Neo-Corporate Fascism today. Them together with their allies in congress are very much in command and control of the USA's Government. And no one dares cross them, or alas, the NSA working with the FBI will be there to drag them off too, if all else fails, to keep them in line. We suffer from exactly the opposite kind of dictatorship compared to State Fascism in Red China where it's government calls the shots for larger business and industries, and all the way up to their entire banking system and central bank.
Sure, let them come out with their own DECENTRALIZED Currencies (These ex employees and hedge fund players) But odds are their beating on dead horses. Already Bitcoin is trillions of miles ahead of the rest, and there wont be many dozens of winners, especially not major winners. After all merchants and business will not want to deal with dozens, or even many of alternative currencies, the costs alone would drive them away from accepting them directly, and any third party exchange fees would just drive the costs right back up even to the point of maybe not offering any greater value than the old ways.
Just be certain their all DEBT FREE, secure, Crypto-Currencies. And fully decentralized and free from any and all manipulations, and if not expect them to be DOA. Same for Governments. I dare them to. Double dare them all to try. I hope they will. I want to see them all utterly fail, and learn to lose like men, instead of grovel and retroactively change the rules and be the cowards they all truly are.
But if they don't go to task at least these Open Source Crypto-Currencies such as Bitcoin will offer people everywhere an escape from the ever inflated away (devalued) traditional fiat currencies. And after all, those traditional fiat currencies are not backed by anything but lies, fraud, deceit, and broken promises. Plus soon zillions in unpayable debts.
Decentralized currencies will force monetary and fiscal prudence should the powers at large not care to take a hint and jump in this revolution with their very own Decentralized Currencies.
This is a DECENTRALIZED Revolution. Not just for Crypto-Currencies. But for many things. It's all coming fast too. And it's unstoppable. No one can stop this. NO ONE. It's the Decentralization of the currencies and how their to be always issued DEBT FREE that marks this wonderful solution, and makes it so dynamically positive, and truly wonderful. Not to mention by magnitudes more efficient, and prosperous, for every person on earth, except those trapped behind iron curtains, and a very few ruling, wealthy elite.
Satoshi is genus. And more. This is bigger than modern electricity in what it will do for mankind over the next centuries directly ahead. This will end up being way bigger than the entire Industrial Revolution, let alone the Internet. It's that revolutionary, that huge, that much better.
This frees the world from the clutches of it's financial masters whom truly are the worlds secret rulers. We're no longer Debt Slaves after we finally break at least mostly free of DEBT Based Fiat currencies. No more usury rates of interest into perpetuity (forever and ever). Instead we save that and much, much more. AND with MUCH greater efficiencies (much lower transaction costs, for every transaction), and much less middlemen (Banksters, etc) shaving and skinning us relentlessly on that, and much more! All of that and much more will be the end result.
The Banksters will finally be held in check. With or without strong financial regulations, they still wont ever be able to again dominate and control the entire world like they have for centuries on end.
The only one's this checkmates is the wealthiest ruling elite Banksters, and their shills, and financial whores. Plus some of the other 0.1% that can't stand real capitalism (at least half fair playing fields, and true competition). Bbut instead demand to be financial parasites, and worse.
Greed got out of control these last few decades. So has fraud. This is the 2nd Gilded Age of Fraud & Greed, in it's last days.
The world again forgot the lessons of history, and what lead to the 1st 'Great Depression'.
All those mistakes were again repeated, and ended up with the exact same results. And forever those in power and control spin the facts, promote lie after lie, and cast out denial after denial when faced with the real facts.
History does indeed rhyme. - Mark Twain
And finally, all thanks to Satoshi, we all have THE SOLUTIONS. Hurray for Bitcoin! Long live the new king.
Caveat emptor - let the buyer beware
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