A parasite dies when it’s removed from its host. Money shouldn’t feed-off the economy like some parasite as debt-interest money does. No, money should feed the economy as interest-free money does. A publicly-owned banking system with its interest-free money, then, removes the parasite of a privately-owned banking system with its debt-interest money from our nation’s economy. Now: Watch out!!! For there’s no question the plutocrats will fight tooth and nail to keep you away from your constitutional interest-free money since it means their end. History will repeat itself. For back during President Lincoln’s time (1865), the following appeared in The Times of London: “If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarch on the globe!”
The enemies of interest-free money, then, won’t just be confined to our own country. The establishment of a publicly-owned U.S. central bank and banking system with its interest-free money will be collapsing a global debt-interest money system. A few decades ago, the Soviet Union was placed on the ash heap of history by the citizens of the United Sates. An equal – or even greater historical accomplishment – is when the citizens of the United States place the private bankers’ debt-interest money banking system on the ash heap of history.
Plutocrats: OUT; American people: IN. Think about it. Having all your current loans converted into interest-free ones is a simple enough accounting task. And what that means is that all you’re doing is what President Lincoln did: cutting the parasitic private bankers out of the deal. The result, then, of you not paying interest means a substantial increase in your standard of living. And everyone can relax because no one’s taxes are being raised, and no one’s being cheated out of any money they already had. So if you ever hear anyone saying a publicly-owned banking system can’t work: know you’ve just heard a liar, a plutocrat, a fool, or an un-American with their slave mentality speak.
Imagine this sci-fi — science fiction — scenario: An advanced civilization of aliens from a nearby solar system have come to our solar system, and have threatened to disintegrate the United States with their death-ray weapon if we don’t convert to an interest-free money banking system in the next sixty (60) days. Well, given the seriousness of the threat, those wanting to drag their feet or sabotage things are immediately given the shortest of shrift. Nearly everyone in the U.S., then, is all for the establishment of an interest-free money banking system just as soon as possible to save the U.S. from destruction. It takes only about a week to create a database containing the names, social security numbers, current salaries, and workplace addresses of everyone currently employed by America’s privately-owned national banking system. It’s next payday, then, when everyone who’d been employed by America’s privately-owned national banking system receives their same salary – the only difference being their paycheck now originates from the U.S. taxpayer via the U. S. Treasury. Meanwhile, with our advanced computer technology here in the U.S., it takes less than two weeks to mathematically convert each and every U.S. citizen’s debt-interest money loans into interest-free money loans. Not really that difficult at all, was it? In less than a month’s time, the U.S. is now living under a national banking system that’s publicly-owned with its mathematically sound interest-free money — and the aliens are pleased they don’t have to destroy the United States. In real life, though, things certainly won’t be that easy since there won’t be such unconstrained cooperation on everyone’s part. But besides some owners of banking/financial facilities not wanting their facilities used for public banking purposes, the U.S. Treasury can rent or buy other buildings in the vicinity for its public banking system – or the U.S. Treasury can buy land and build its own facilities. In addition: The United States Postal Service with its nationwide offices could — as it once had for more than fifty years ago — be utilized to provide (limited) banking services to the American public. Also, the U.S. Treasury is more than capable of hiring competent personnel to replace those individuals who don’t want to work for the U.S. Treasury’s public banking system.
The establishment of a publicly-owned banking system is completely feasible and isn’t difficult at all. With the elimination of all that interest payment bullshit and manipulation of the money supply as a commodity, banking with mathematically sound interest-free money is an uncomplicated and simple enough matter since sound financial practices are now what’s front and center. In other words: The same criteria – sound financial practices – currently being used to loan (qualified) people debt-interest money is still used to loan people interest-free money. Public banking isn’t reinventing the wheel. All public banking with constitutional interest-free money is doing is eliminating the charging of interest and making you – like every U.S. citizen – the owner of your own nation’s money printing presses. In addition, the only financial instrument now recognized and backed by the U.S. taxpayer is the interest-free U.S. Dollar. What U.S. citizen with their head screwed-on straight wouldn’t want that?
Of course, expect the plutocrats to be squawking to high heaven about how your freedom from debt-interest money slavery will ruin the American economy. What a whooper of a lie that is. All a publicly-owned U.S. central bank and banking system with its godly and constitutional interest-free money ruins are all the various money scams and schemes private-bankers have invented with all the bullshit paper they’ve dressed-up to masquerade as actual money. Plutocrats: OUT; American people: IN. With the establishment of a publicly-owned banking system: The U.S. taxpayer is now officially off the financial hook and out of the financial bailout business for Wall Street. In other words: The U.S. taxpayer’s no longer playing the sucker by being the financial backer of last resort for all the various financial schemes and scams invented by private bankers and Wall Street financiers. The only financial instrument the U.S. taxpayer now financially backs is the Dollar, the interest-free U.S. Dollar. So OUT with dishonest and mathematically unsound debt-interest money, and IN with honest and mathematically sound interest-free money. Who – except fools, un-Americans with their slave mentalities, and plutocrats — isn’t going to be all for that?
Be aware that unlike the parasitic privately-owned banking system, a publicly-owned banking system considers financial regulation its best friend. Why’s that? Answer: Since there’s no more profit to be made off of the U.S. Dollar itself, all debt-interest money-making schemes and scams disappear with interest-free money. Besides outright money theft, the only enemy interest-free money has is sound financial practices being violated so that bad loans are being made to non-credit-worthy individuals/businesses. But intelligent and effective financial regulation – which a publicly-owned banking system welcomes — takes care of that. Contrast that with the behavior of the debt-interest money bankers and financiers on Wall Street – like JPMorgan Chase & Co CEO: Jamie Dimon: that criminal piece of garbage for a man – who have their high-paid lobbyists howling in congressional offices regarding any financial regulation limiting them from doing whatever they want. Think about it. It doesn’t matter if you’re a Republican, a Democrat, Green Party, etc., or non-political party affiliated: just be honest. You want a fair-and-square banking system, don’t you? Obviously, intelligent and effective financial regulation is necessary to ensure a fair-and-square banking system’s existence.
Look: some governmental regulations are valuable and useful, and some governmental regulations are worthless and useless. But just because some governmental regulations are worthless and useless doesn’t mean we should get rid of all governmental regulations. We want to be smart about this, not stupid. We want to keep the valuable and useful governmental regulations, and get rid of the worthless and useless governmental regulations. Any U.S. citizen with their head screwed on straight instinctively understands such a concept. It’s the plutocrats and their various bought-and-paid-for politicians – mostly Republican, some Democrat — who’re always clamoring for less governmental financial regulation. It’s like criminals who’ve been caught stealing someone’s property claiming it’s the law that’s the problem. As someone who’s a law-abiding citizen and someone who’s rational: you understand the necessity of intelligent and effective laws and punishment to deter criminal activity. Obviously, the same thing can be said of governmental regulation. Say, does anyone know whatever happened to the Republican Party that once stood for The Rule of Law?
Imagine if the U.S. Congress started treating murderers and rapists like they do the white collar criminals on Wall Street. First, the Republicans would strip away all regulations against murder and rape, and then those murdering and raping would be given a free pass from any justice and punishment. Because that’s exactly how most every Republican and various Democrats treated those white collar criminals on Wall Street who financially raped us — the American people — with the Great Recession. And that can be proven without any dispute with congressional voting records. Also, thank you President Barack Obama for being so spineless — and such a sell-out to the plutocrats — when the American people needed a U.S. president with a spine to bring to justice those financial criminals responsible for the Great Recession.
This point of the necessity of intelligent and effective financial regulation can be made by imaging a NFL football game without any rules or referees. Can you imagine how such a situation as that would affect a NFL football game as we know it? It would be anarchy. Crippling injuries would skyrocket along with the very real likelihood of players being killed. In fact, back in 1905, thirteen to twenty or more football players died that year playing football because of a lack of rules to ensure safe play. And back then there were some mocking the call for rules to make the game of football less brutal and life threatening. We see this same foolishness today by those mocking the call for intelligent and effective financial rules and regulations – and this is after the Great Recession! Of course, one shouldn’t expect fools or any of the plutocrats’s bought-and-paid-for politicians to have any common sense, or any sense of justice. These fools and plutocratic bootlickers think it’s perfectly fine for the nest eggs and home values of decent, hard-working Americans to be smashed to pieces by an inherently corrupt financial system made even more corrupt because of ineffective financial rules and regulations. Well, I sure don’t! And I’m sure neither do you if you believe in playing things fair-and-square with your fellow man. So unless you’re some fool or plutocrat: You do understand for there to be a fair-and-square banking system that treats every U.S. citizen equally and with justice there must be intelligent and effective financial rules and regulations, and the enforcement of those financial rules and regulations.
Now, you already know a privately-owned banking system’s reaction to financial rules and regulations is like that of some screaming toddler having a temper tantrum. Contrast that with a publicly-owned banking system which welcomes all intelligent and effective financial regulation so a fair-and-square banking system can always be ensured and maintained. Realize, too, the reason there must be such heavy regulation of a privately-owned banking system is because of all the many opportunities for dishonest individuals to game an inherently corrupt financial system to financially victimize others. Meanwhile, with a publicly-owned banking system with its interest-free money – since there’s no more profit to be made off of the U.S. Dollar itself – all opportunities to financially victimize other(s) is gone. A banking system with honest money – interest-free money – needs only limited, but effective, financial rules and regulations to ensure a fair-and-square U.S. banking system. Anyone who’s honest and rational immediately recognizes such a self-evident financial truth.
Start thinking now of the bank, Savings & Loan, payday loan store, credit union, or credit card company you’re currently doing business with. There’s no reason why the people working there at those buildings here in the U.S. can’t all still be working there when our nation’s banking system becomes publicly-owned. There’s no need for anyone – unless they’re a crook or were involved in some bullshit money scheme: dressing-up some paper to masquerade as money – to lose their job. Admittedly: more than half of Wall Street will find their current jobs to have disappeared. That’s because their work involved various bullshit money schemes which contributed nothing of any actual value to the American economy. But removing the private-banking parasites attached to the American economy and having such individuals now needing to find honest and worthwhile employment is a good thing.
With a publicly-owned banking system, everyone in the banking industry is now a civil servant on a government salary. It’s as easy as that. Visualize the privately-owned national banking system currently existing in the U.S. with all the people and all the buildings. A publicly-owned national banking system is nothing more than all those people in all those buildings now being paid their salary by the U.S. taxpayer. And if someone wants out – an employee or building owner – no problem. The U.S. Treasury will find a suitable replacement: be it personnel or office space.
With a publicly-owned banking system: The financial system now works for you with interest-free money rather than you having to work like some slave to pay private bankers their interest charge(s). A publicly-owned banking system rightfully recognizes you as the owner of your U.S. Government’s money printing presses. And a publicly-owned banking system is an honest banking system because all incentive for fraud is gone. No more commissions based on loan volume, for example. No more opportunities to engage in any number of bullshit money schemes at the U.S. taxpayer’s expense. Such schemes no longer exist because there’s no more profit to be made off of the interest-free U.S. Dollar. Like postal employees, public bank employees are paid for serving the public interest, and are promoted for succeeding at that pursuit. A publicly-owned banking system compels financing real businesses creating real wealth in the private sector.
We — us U.S. citizens – are in for such a national prosperity with 0% interest-free money!
Because in the private sector – since people are now keeping for themselves the money they’d been paying before toward interest – there’ll now be a tremendous pool of new investment capital in existence along with significantly increased purchasing power for the American consumer. You want to see what a full employment economy looks like? Well, here it comes. Because with interest-free money: We can have a full employment economy where no U.S. citizen willing to work is excluded. And what that means is a smaller U.S. Government and lower taxes for all U.S. taxpayers as that portion of U.S. Government spending currently going to various welfare programs for the poor and the economically disadvantaged shrinks big-time within a full employment economy. The end result of a publicly-owned banking system with its interest-free money is a smaller U.S. Government overall. So if you’re for lower taxes, a smaller U.S. Government, a shrinking national debt, and a full employment economy: a publicly-owned banking system with its interest-free money gets you all that.
Interest-free money is for free men and for free women in a free society. But the plutocrats currently controlling things consider such freedom the worst thing in the world because it means they’ll have lost you and me and just about every U.S. citizen as their slaves: their interest-paying slaves to their privately-owned banking system. How great is that?!
A publicly-owned banking system with its constitutional interest-free money is our freedom! It’s freedom, baby! Yaaaaaa!!! You’d have to be someone with a slave-mentality, then, to want the slavery of a privately-owned banking system with its debt-interest money when you could be living under the freedom of a publicly-owned banking system with its constitutional interest-free money. And, to be honest: Any U.S. citizen choosing slavery over freedom is a piece of garbage for a U.S. citizen…..a real un-American.
Say, do you hear that ticking? Tick…tick…tick…That’s the ticking time bomb that’s built into a debt-interest money banking system. Debt-interest money is based upon the (false) assumption you can always borrow your way out of debt. That’s impossible – a mathematical impossibility. Tick…tick…tick…the national debt and the interest payment on the national debt eventually becomes too large over time for the system to remain financially viable. Tick…tick…tick…it’s not even necessary for you to hear the ticking, just look around you. America’s infrastructure – roads, bridges, water supply, railways, sewers, inland waterways, airports, telecommunication and electrical grids – are either in disrepair or fundamentally obsolete. Several Trillions of Dollars are needed for the necessary repairs and upgrades. But we don’t have the money! We don’t have the money because our $20 Trillion Dollar national debt is now too large to allow for such spending. This is the inevitable result of a debt-interest money system…tick…tick…tick. It’s not that our nation doesn’t have the labor or the materials available for our nation’s necessary infrastructure repairs. It’s just that we don’t have the money available because we’re now just too far into debt. How stupid! But that’s just what happens with debt-interest money as money’s now a commodity…tick….tick…tick. Remember: the sole and proper function of money is as a medium of exchange. And with interest-free money there’s never a shortage of money for a growing American economy. Interest-free money, then, allows us the opportunity to rebuild our nation’s infrastructure without interest and national debt! Repairing and upgrading our nation’s infrastructure will trigger a full employment economy once all the ancillary jobs created from the increased consumer spending are factored in. Constitutional interest-free money is the pathway to prosperity – individually and nationally — like nothing we’ve ever experienced!
Let’s understand where we’re at. We’re at a crossroads. We can go the godly and constitutional interest-free money way to great prosperity; or, we can continue our current debt-interest money course… tick…tick…tick…KA-DOOM!!! That financial time bomb you just heard explode is the inevitable result of a debt-interest money banking system. It’s all but a matter of time. It’s all but a matter of time until the American economy financially collapses under another few Tens of Trillions of Dollars of national debt. That’s just the nature of the debt-interest money beast. Our national debt is now near or above $20 Trillion Dollars ($20,000,000,000,000) as you read this. Hell, just the interest payment on the national debt has grown to Half-a-Trillion Dollars ($500,000,000,000) a year. And, hell again, because we could start balancing the federal budget from now until infinity, but that $20 Trillion Dollars and its $500,000,000,000 interest payment is always there and growing because of compounding interest. That’s just the nature of the debt-interest money beast. But we – the American people – have it within our power to defuse that debt-interest money time bomb before it explodes and financially destroys all of us who aren’t plutocrats. It’s a publicly-owned U.S. central bank and banking system with its godly and constitutional interest-free money that saves our United States from inevitable debt-interest money destruction.
But way before that happens, way before: the same private-banking Wall Street crowd that brought us — the American people — the Great Recession of 2007-09 is all set to explode in our faces a $700 Trillion Dollar (and growing) time bomb made-up of a financial instrument called “derivatives”. Warren Buffet, American billionaire and the most successful investor of the past 100 years, had this to say about derivatives: “I view derivatives as time bombs, both for the parties that deal in them and the economic system.” That derivatives time bomb when it explodes will be incredibly more destructive than the sub-prime-loan-mortgaged-securities time bomb Wall Street exploded in our faces triggering the Great Recession of 2007-09. And guess who the Wall Street private bankers have all set as the suckers to pick-up after this next financial mess of theirs? That’s right: us – the U.S. taxpayer. “Bullshit!” I say. All these financial instruments cooked up on Wall Street – like derivatives — are nothing but some bullshit paper private-banking scam artists have dressed-up to masquerade as money. It’s all bullshit! Are you a U.S. taxpayer? Well, I’m thinking you never want to be the sucker ever again — and be the one who’s left holding the bag as the financial backer of last resort — for yet another bullshit financial scam gone awry compliments of that plutocratic shit working on Wall Street. “Hell no! Not anymore!!” I say. And I’m thinking you feel the same way. So, now, it’s your turn to say the words: “Hell no! Not anymore!!” With a publicly-owned banking system: The only financial instrument backed and recognized as money by us — the U.S. taxpayer — is the interest-free U.S. Dollar. It’s the establishment of a publicly-owned U.S. central bank and banking system that nulls and voids all U.S taxpayer liability for any and all private-banking financial instruments.
Plutocrats: OUT; American people: IN. It’s going to be a publicly-owned U.S. central bank and banking system that re-establishes us – the American people – as the sovereign of our nation. For as things currently stand: the globalization of finance has seriously compromised the capacity of our U.S. Government to manage our nation’s money supply and economy. You want foreigners involved in managing our nation’s money supply and economy? I don’t. You want some debt crisis manufactured overseas taking the U.S. economy down with it? I don’t. It’s the interest-free U.S. Dollar that establishes our national sovereignty and that protects us from the most damaging effects of that approaching global debt catastrophe when it hits. In other words: There’s a category five financial hurricane getting ready to hit the United States. It’s very real. And it’s only a matter of time before it hits. Debt-interest money is like building one’s financial house on sand. It would be best — before that global debt catastrophe hits — for us to have built our financial house on the rock of interest-free money. All fools for U.S. citizens will be found sticking their heads in the sand. The question isn’t: Is there going to be a global debt catastrophe? No, the question is: How soon does that global debt catastrophe hit us? It’s inevitable. It’s just the nature of the debt-interest money beast. Do you really think the plutocrats and their bought-and-paid-for politicians actually care about your financial health and safety? Hell, the plutocrats have things rigged so they’re making money off the coming financial catastrophe at U.S. taxpayer expense!
The interest-free U.S. Dollar is our — the American people’s – financial protection and financial declaration of freedom! Are you with me? Because I’m thinking you’re someone who’s all for establishing us – the American people – as the sovereign of our nation. You certainly don’t want to see our United States brought to the brink of financial destruction ever again. You certainly don’t want the U.S. taxpayer being played ever again as the sucker by having to financially bail-out the plutocrats and their private bankers from their latest debt-interest financial mess. It’s going to be so great I tell you as we, the people, take back our rightful place as the sovereign of the United States as our Founding Fathers intended! The current plutocratic power structure governing the United States, then, is about to be overthrown. And like any good communist or fascist would, expect the plutocrats found on Wall Street and in Washington D.C. and around the country like those plutocrats from Kansas, the Koch brothers, to be doing everything they can to maintain their plutocratic power to the utmost. The plutocrats, though, have never actually faced a united American people. We’re the American people! We’re no one’s slaves! Our birthright is freedom! It’s in our very DNA as U.S. citizens! Combine that collective power of the American people, then, with the idea of godly and constitutional interest-free money and you have a force that dwarfs any plutocratic power. We, the people, win! And it happens in 2016. Plutocrats: OUT; American people: IN.
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