Read "The Creature from Jekyll Island" by Griffin, and "Web of Debt" by Brown, and then read "Default !!! Escaping the Debt Trap and Avoiding Bankruptcy" by Guedel, in which 2 people defaulted on over 94K of unsecured credit card debt and avoided bankruptcy and judgment and defeated a major bank's collection attorney. It can be done. Banks are stealing from us all... get out of their crooked banking system -- move your money to Credit Unions ... create and join more honest Credit Unions.
the U.S. economy has been in a recession since 2002, since "GDP as measured in gold has dropped from 33.8 billion ounces of gold in 2002 to 19.9 billion ounces of gold in 2007," 41% decline!
"gold rises in value to the extent of the devaluation of the currency in which it is priced.
Perfectly reflected by the 40% drop in the exchange value of the fiat dollars, printed from nothing, today at $0.02 worth of it's full 1932 purchasing power.
I would rephrase that: we should back our money with a substance universally valued by most of the peoples of the world - gold, copper, diamonds and/or silver. Fiat Currency has "value" ONLY because the Fed Gov't SAYS it does, and people are foolish enough to believe it... and THAT is fiat currency.
It's nothing but a huge Ponzi scheme. The only difference is that the hub is also the whistleblower, so why would they ever blow the whistle on themselves?
We are arrogant to think we will get away with using monopoly money without eventual devastation. We would be the first civilization in all history to do so.
I'm afraid you are absolutely right, Stephanreyu... I hope people will wise up before it is too late. Learn that the money created by credit is what actually drove up the prices and made it so necessary to use credit to buy everything now. Wake up America!!!
Easy credit to buy houses and everything else made it possible for the prices to keep going up up up... to the point where hardly anyone can pay cash for anything any more, and people are FORCED into borrowing vapor money and paying all this interest on thin air!!! It is a TRAP!!!!!
Nice song. I got to spent 2days a while back listening to Dr Edwin vieira Jr giving talks and talking to my dad as well. You might want to read my dads book on money its called dollar noncents. It's only 100 pages.
lame. but credit companies should really be punished and regulated for the rates they charge. It's extortion. They hold your credit hostage and make you pay outrageous fees and interest. If you try to fight it you can end up with ruined credit.
Worse... the "money" they lend is created out of thin air, and when you repay it, you are paying the credit card company BOTH principal AND interest. They have invested ZERO capital of their own. So if your monthly interest rate is, say, 16%, the CC company makes 116% on their initial investment of NOTHING.
That's not how it works. When you swipe a credit card, you are getting merchandise without taking money out of your own pocket. Instead, the cc company pays for your merchandise, and then you repay them plus the high interest. For them to make 116% you would be implying that you are just giving them money for nothing. Or that the merchandise you bought was never paid for. Do you really think stores would accept cards if they didn't get paid?
Educate yourself about this topic. Read "What Has Government Done to Our Money" and "The Case Against the Fed" by Murray N. Rothbard. This economist does a brilliant job of explaining the money creation process practiced by the credit card "lending" Fed. Res. banks.
Your first misconception is that "the cc company pays for your merchandise". They do not. They credit the merchant(s) with an electronic bookkeeping entry. They do not use any pre-existing assets. This is pure inflation - "vapor money".
yeah!!! check out "money makes you crazy" and "My mommy is OCTO-MOM" on youtube for a quick giggle.
TheFrenchers 2 years ago
Read "The Creature from Jekyll Island" by Griffin, and "Web of Debt" by Brown, and then read "Default !!! Escaping the Debt Trap and Avoiding Bankruptcy" by Guedel, in which 2 people defaulted on over 94K of unsecured credit card debt and avoided bankruptcy and judgment and defeated a major bank's collection attorney. It can be done. Banks are stealing from us all... get out of their crooked banking system -- move your money to Credit Unions ... create and join more honest Credit Unions.
HurricaneHeidi 2 years ago
DEFAULT !!! Escaping the Debt Trap and Avoiding Bankruptcy: lulu. com /content /4593711
HurricaneHeidi 3 years ago
I still like this one Heidi.
ThunketAlien 3 years ago
the U.S. economy has been in a recession since 2002, since "GDP as measured in gold has dropped from 33.8 billion ounces of gold in 2002 to 19.9 billion ounces of gold in 2007," 41% decline!
"gold rises in value to the extent of the devaluation of the currency in which it is priced.
Perfectly reflected by the 40% drop in the exchange value of the fiat dollars, printed from nothing, today at $0.02 worth of it's full 1932 purchasing power.
marxbitesall 3 years ago
We should back our money with a substance that only has value because we say it does. Totally different from the fiat system.
VCBee042 3 years ago
I would rephrase that: we should back our money with a substance universally valued by most of the peoples of the world - gold, copper, diamonds and/or silver. Fiat Currency has "value" ONLY because the Fed Gov't SAYS it does, and people are foolish enough to believe it... and THAT is fiat currency.
HurricaneHeidi 3 years ago
It's nothing but a huge Ponzi scheme. The only difference is that the hub is also the whistleblower, so why would they ever blow the whistle on themselves?
nukewaste 4 years ago 2
Ah ha ha, excellent. It's a dispicable bit of fraud they've been commiting, but it's good to have a sense of humor about it.
TomatoBreadOrgasm 4 years ago 2
We are arrogant to think we will get away with using monopoly money without eventual devastation. We would be the first civilization in all history to do so.
Stephanreyu 4 years ago
I'm afraid you are absolutely right, Stephanreyu... I hope people will wise up before it is too late. Learn that the money created by credit is what actually drove up the prices and made it so necessary to use credit to buy everything now. Wake up America!!!
HurricaneHeidi 4 years ago
Easy credit to buy houses and everything else made it possible for the prices to keep going up up up... to the point where hardly anyone can pay cash for anything any more, and people are FORCED into borrowing vapor money and paying all this interest on thin air!!! It is a TRAP!!!!!
HurricaneHeidi 4 years ago
Nice song. I got to spent 2days a while back listening to Dr Edwin vieira Jr giving talks and talking to my dad as well. You might want to read my dads book on money its called dollar noncents. It's only 100 pages.
Sam171717 4 years ago
OH! I would LOVE to see a vid of Dr Edwin Vieira Jr giving a talk ... He's brilliant. I'm going to search his name here and hope to find one.....
HurricaneHeidi 4 years ago
Love the video... almost as i love ronpaul2008 dot com!
russellluciddreamer 4 years ago
BTW - I've found a few lectures by Murray N. Rothbard posted here on youtube - watch them, AND watch Ron Paul.
HurricaneHeidi 4 years ago
lame. but credit companies should really be punished and regulated for the rates they charge. It's extortion. They hold your credit hostage and make you pay outrageous fees and interest. If you try to fight it you can end up with ruined credit.
SkeksisRule 4 years ago
Worse... the "money" they lend is created out of thin air, and when you repay it, you are paying the credit card company BOTH principal AND interest. They have invested ZERO capital of their own. So if your monthly interest rate is, say, 16%, the CC company makes 116% on their initial investment of NOTHING.
HurricaneHeidi 4 years ago
That's not how it works. When you swipe a credit card, you are getting merchandise without taking money out of your own pocket. Instead, the cc company pays for your merchandise, and then you repay them plus the high interest. For them to make 116% you would be implying that you are just giving them money for nothing. Or that the merchandise you bought was never paid for. Do you really think stores would accept cards if they didn't get paid?
SkeksisRule 4 years ago
Educate yourself about this topic. Read "What Has Government Done to Our Money" and "The Case Against the Fed" by Murray N. Rothbard. This economist does a brilliant job of explaining the money creation process practiced by the credit card "lending" Fed. Res. banks.
HurricaneHeidi 4 years ago
Your first misconception is that "the cc company pays for your merchandise". They do not. They credit the merchant(s) with an electronic bookkeeping entry. They do not use any pre-existing assets. This is pure inflation - "vapor money".
HurricaneHeidi 4 years ago
Don't look to the government to fix the problem. Empower yourself - don't use them.
indyattic 4 years ago
Killer; watch America - Freedom to Fascism and Zeitgeist. The revolution is Now.
yakoffwykoski 4 years ago
*awesome.*
FreePlay 4 years ago
Very interesting!
Loved the music!
warrens7 4 years ago
HA! I LOVE this! Great delivery and visuals. I enjoyed the music and the message so much I played it over again.
Peppy7777 4 years ago
I wish my rate of pay went up like gasoline and cost of living:D
Feloniously 4 years ago