Llew Rockwell: War and Central Banking are linked

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The problem is that government finances war by borrowing and printing money, rather than presenting a bill directly in the form of higher taxes. – Ron Paul

“Central banks, established by the world’s governments, allow those governments to spend more than they receive in taxes.”

“They allow governments, via inflation, to finance their operations far more cheaply and surreptitiously than they otherwise could. As an enabler of inflation, the Fed is ipso facto an enabler of war.

Creating money out of thin air is preferable for governments, since the process by which the political class siphons resources from society via inflation is far less direct and obvious than in the cases of taxation and borrowing.”

“What we need today is the separation of money and state.” Llew Rockwell (emphasis added)

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REVEALED: Recipients of $16 Trillion in Fed’s secret Bailouts

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$16,000,000,000,000.00 “secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. (…) virtually none of the money has been returned and it was loaned out at 0% interest.” blacklistednews.com

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)  Continue reading

Ron Paul: Fractional Reserve Banking, Government, and Moral Hazard

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Fractional reserve banks … create money out of thin air. Essentially they do it in the same way as counterfeiters. Counterfeiters, too, create money out of thin air by printing something masquerading as money or as a warehouse receipt for money. In this way, they fraudulently extract resources from the public, from the people who have genuinely earned their money. In the same way, fractional reserve banks counterfeit warehouse receipts for money, which then circulate as equivalent to money among the public. There is one exception to the equivalence: The law fails to treat the receipts as counterfeit.”  Murray Rothbard

“Fractional reserve banking is the practice by which banks accept deposits but only keep a fraction of those deposits on hand at any time. (…) And if depositors en masse attempt to withdraw more funds than are available in reserves, the entire of house of cards comes crashing down. This is the very real threat facing some European banks today.” – Ron Paul

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Legalize Currency Competition : Ron Paul

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“In order to fund its military operations during the 1860s, the federal government for the first time in its history issued paper currency which was unbacked by any commodity and was to be accepted at face value as a legal tender.”

“For the past 40 years we have lived in a world in which the issuance of money is completely at the discretion of governments and central banks, and we are reaping the consequences. The fiat money standard has led from one financial crisis to another, as each attempt to inflate out of the previous bubble only sows the seeds for the next crash.”

“Historically, legal tender laws have been used by governments to force their citizens to accept debased and devalued currency.”  Ron Paul

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The Key to Understanding 911 : Follow the Money

Eight months before the September 11, 2001 attacks, Lyndon LaRouche forecast that the United States was at high risk for a Reichstag Fire event, an event that would allow those in power to manage through dictatorial means an economic and social crisis that they were otherwise incompetent to handle. We are presently living in the unbroken wake of that history.LaRouchePac

JUST BEING RELEASED:
THE VIDEO
about 911 THAT WILL NEVER
be shown in the MASS MEDIA !

9/11 : 10 Years Later – LAROUCHEPAC

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Original video source: http://www.larouchepac.com/10yearslater

What is a Reichstag Fire Event? Continue reading