The Transfer of Wealth

This is an old thing that I wrote but never put up here.



Economic Collapse

Wednesday, October 1, 2008 at 3:18pm
At this point economic collapse seems more and more likely. Luckily, enough people have cared to stop the $700 billion bailout - which would only really help the rich and put us, the common people into more debt. Ever dollar that the Federal Reserve prints makes all other dollars worth less, and is another dollar plus interest of debt that we all owe.

The recent turn of events has shown us exactly how the system works: privatize the profits for the super-rich, and divide up the losses among the people. Luckily enough people caught this and phoned their congressmen to make the bailout not pass.

The economic collapse is manufactured. It was caused by the combined policies of our "government" and the Banksters who control our "government". I will have to call them the "banksters". Bush with his tax cuts and accelerated spending. Bush with the war on Iraq which continues to drain the economy. The morgage scheme, which allowed average people who shouldn't be able to afford houses buy them (high risk capital made easily obtainable, just like in the 1920s prior to the depression with the deal in which one could buy stock with only half the money [other half on loan from bank]).

However, the biggest problem, like I have always said, is the Federal Reserve system. The Federal Reserve, with Bernanke's policies in the past years, also vastly contributed to this pending economic collapse. The Federal Reserve is a private corporation with the power to print up money on a whim, and loan it to the US government and the people. We have to pay back the loans with more loaned money, from the Federal Reserve. This is one major reason as to why our national debt is exponential. All of what we pay for our income tax goes to pay the interest on our money, which goes straight to the banksters via the IRS, which is a private corporation, which is in turn a front for the IMF, which is in turn actually the US Department of Treasury (The UN is in actuality the US corporation, the bankster's ploy to take over the world through inflation and taxation). There is no written law that says we must pay the Income Tax, which is roughly 1/4 of our year's labor, but we must pay it or the IRS banksters will take our belongings. Just like if the mob asks for protection money, you don't necessarily have to pay it, but if you don't want to get hurt, you better.

We are nothing but debt slaves. The national debt divided amongst us all is over $200,000 per person. That means your new baby brother is born into over $200,000 of debt that he can never repay. The Federal Reserve NOTE, which is not money, is merely a note to show that you got it from the Federal Reserve ON LOAN. It is merely "legal tender" that we believe has value. Slowly over time, through inflation and taxation, they are succeeding in their goal of transfering wealth from the masses to the few (the banksters). The value of the dollar is worth about 1/10th of what it was back in 1900 (as of 1991). Note that the Federal Reserve was established 1913.

Historical Value of the U.S. Dollar
What one dollar was worth in constant 1991 dollars.
1820-1850 $13.28
1850-1875 $13.14
1875-1900 $14.85
1900-1925 $11.38
1935 $9.91
1945 $7.56
1965 $4.31
1975 $2.35
1985 $1.26
1991 $1.00

http://www.bestcoin.com/Historical-Dollar-Value.htm

It is worth even less now. They have kept us blind by decreasing production costs (out-sourcing, and all that nonsense) to make it seem like our money is still worth the same. However, the bubble is about to burst soon.

In conclusion, this economic collapse I believe is manufactured and purposefully caused by those at the top, just like the 9/11 incident.. an economic "controlled demolition" of sorts. The goal? To manipulate people into accepting the North American Union and the Amero!! One step closer to global conquest.

and to quote Jefferson:

"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."