Archive

Posts Tagged ‘Fractional reserve banking’

The first Central Bank on Mars

August 6, 2012 1 comment

This is the first image taken by NASA’s Curiosity rover. Image credit: NASA/JPL-Caltech

After 8 years of planning, 8 months of space flight covering 566 million km and performing flawlessly throughout its “7 Minutes of Terror”, Curiosity landed right on time and on the spot inside the  Gale Crater, Mars at 0530 GMT, August 5.

This nuclear powered rover, about the size of an SUV is loaded with the most-sophisticated instruments ever used off Earth. The Mars Science Laboratory will keep hundreds of scientists and engineers busy over the next Martian year (23 earth-months) as they assess whether the landing area has ever had or still has environmental conditions favorable to microbial life.

Now, this is rocket science, and how much does it cost? A mere $2.5 billion! That’s loose change or a rounding error when compared with the thousands of billions created out of thin air to bailout banksters and Wall street gamblers. On the one hand, we have people gambling with financial derivatives to the tune of hundreds of trillions of dollars, creating massive illusionary wealth for themselves when they win while burdening the masses with trillions in bailouts when they lose. On the other hand, we have these heroes of modern civilization building real things, doing real science, creating new technologies - all real, physical stuff working on shoe string budgets with constant threats of further budget cuts:

In the Obama Administration’s budget request for next year, which was unveiled last month, NASA planetary science suffered a 21 percent cut, compelling the agency to scale back its robotic exploration efforts and drop out of two future European-led Mars missions entirely. space.com

Dear Obama, Geithner & Bernanke,

Would you consider passing over some of your money printing loose change to these good folks over at NASA, and maybe, just maybe, you get the right to set up your first Federal Reserve central bank on Mars to propagate your fraudulent fractional reserve banking system on the red planet and beyond. Remember, there will be be a few humans over there in the not too distant future. You want to be the first to suck their blood dry, don’t you?

-

-
-
-
-
-
-

-
-
-
-
Bailouts for the banksters in 2008 alone could fund over 680 of these incredible missions!
-

Updated:  Aug 7

  • Watch Lyndon Larouche’s take on the significance of the Curiosity landing. “This is a vindication for mankind and science versus Obama!”

-

Categories: Articles by PoliticalMetals Tags: , , , ,

From Canada to NZ, and everywhere in between, people are waking up!

June 4, 2012 Leave a comment

-

From Canada to NZ, and everywhere in between, people are waking up! Waking up to the fact that the existing global monetary & banking system is seriously flawed. Many would even go as far as saying it is a fraud. Unless governments the world over change the way national currencies are created and managed, it is a mathematical certainty the system will collapse like a house of cards. Here’s a small collection of voices explaining the flawed or fraudulent system together with their calls for change and your personal action.

Canada: Victoria Grant, a 12-year-old Canadian spoke at the inaugural Annual Public Banking Conference in Philadelphia, April 27&28 2012. She called for monetary reform and her contention was that governments, not banks, should create and lend a nation’s money. Why should governments borrow money from private bankers and pay compounding interest on the debt when that money never existed in the first place, but was created out of thin air by the bankers. Watch Victoria’s interview on RTamerica.
New Zealand: PositiveMoneyNZ is a campaign to move NZ from a debt-based economy to one that operates with a full reserve in which money has been issued debt-free and interest-free. A draft bill “Reserve Bank of New Zealand (Creation of Currency) Bill” has been crafted to get the initiative going. Watch this short video explaining the problems behind the existing monetary system, how YOU have been affected and why a total change is required.
UK: We now have a Debt Crisis because almost every pound we need in our economy must first be borrowed by us from a high street bank, and banks don’t need to have any real money before it can make a loan to someone. To end this crisis, stop banks from creating new money and let the government, through the Bank of England, create debt-free money instead. PositiveMoneyUK, formed in March 2010 is campaigning against the deep flaws in our current monetary system.
USA: Congressman Ron Paul, the champion of small government and sound money (gold & silver) is at the forefront of the campaign to “Audit the Fed” and to “End the Fed”. Going by the enormous crowdsall along his campaign trail, Americans have finally awoken to the truth behind Thomas Jefferson’s famous quote “And I sincerely believe, with you, that banking establishments are more dangerous than standing armies…”Watch more “End the Fed” grassroots campaigns.
Congratulations for coming so far down the page! Relax and reward yourself with this final video - Every breath you take, every move you make, we’ll be watching you - Ben Bernanke.

If all this is new to you, it’ll do you good to study the materials in the order they are listed below.

  1. What is Fractional Reserve Banking
  2. Crash Course on Banking, Finance & Economy – By Chris Martenson
  3. Central Banking & the Federal Reserve System
  4. Financial Repression – What is it and how does it silently steal from you
  5. Calm Before the Storm

-

Categories: Articles by PoliticalMetals, Commentaries [Video] Tags: , , , , , , , , , , , , , , , , , , ,
Follow

Get every new post delivered to your Inbox.

Join 209 other followers