Sunday, March 07, 2010

Even the Sun eventually flares on usurious empires

Having failed to accept that it is no longer a military empire, and having seeing its Pound not so Sterling decline in value more than 80% since the height of its imperialist conquests of years past, Britain has had no problem continuing to believe that it can continue its financial empire of debt.

"Voters in Iceland have overwhelmingly rejected proposals to pay the UK and the Netherlands in the wake of collapse of the Icesave bank.

With a third of results counted, 93% of voters said "No" in a referendum.

The British and Dutch governments want reimbursement for the 3.8bn euros (£3.4bn; $5.2bn) they paid out in compensation to customers in 2008.

Speaking to the BBC, Chancellor Alistair Darling said the UK would get its money back, if not for many years.

"It's not a matter of whether the sum should be paid. There is no question we will get the money back but what I am prepared to do is to talk to Iceland about the terms and conditions of the repayment," he told the BBC's Politics Show."

What did the Chancellor imply? That the economic domination machines in charge will ostracize the peoples of Iceland like the Big EU powers are ramming their debt decrease instructions at the whole people of Greece to pay for the Black Market theft of some of those who do not pay their taxes?

Taxation in of itself is pointless when a majority of its collection goes to enriching those who print money out of thin air while also keeping those who buy government debt thinking that they will keep ahead of inflation and that government debt is strong.

The People of Iceland have listened to reason and have said: NO!

Iceland, with around 300,000 people, is not large enough to absorb the pittance of debt that is 3.4 Billion Pounds.

The British and royally connected imperialists of Europe and their Agents in the US can print money out of thin air.

The question is: Why are they trying to get their thin air printed and backed by nothing money when they can print more since it is a drop in the bucket for Imperialists such and Britain and Holland?

First, it sets a precedent that allows the people of a country to declare that they are actually sovereign and are not responsibly for the irresponsibility of a rogue bank no matter how connected to the government it is.

Second, it prevents the continued enslavement of human beings through usury which is an important piece of the pie of those that want to maintain their paper wealth dominance at the expense of and through the economic and militaristic impoverishment and dumbing down of the majority of humanity.

There is nothing wrong with becoming wealthy by creating products that contribute to societal growth and happiness while also contributing to employment.

There is something wrong when those that print money out of thin air and repackage it and funnel it through quasi central banking cartels and lend it to the true capitalists mentioned above.

Their collusion with elected officials they have bought via campaign donations must end. We will not move out of the vicious boom/bust/pestilence/war cycle and into a new era of humanity without putting an end to the Global Monetary shell game that is modern economics.

The only non military way out of this is to beat the Globalist Merchant Bankers at their own game by following the example of North Dakota's non usurious public banking system as expertly explained by Ellen Brown:

“North Dakota is a sparsely populated state of less than 700,000, known for cold weather, isolated farmers and a hit movie – Fargo. Yet, for some reason it defies the real estate cliché of location, location, location. Since 2000, the state’s GNP has grown 56%, personal income has grown 43%, and wages have grown 34%. This year the state has a budget surplus of $1.2 billion!”

What does the State of North Dakota have that other states don’t? The answer seems to be: its own bank. In fact, North Dakota has the only state-owned bank in the nation. The state legislature established the Bank of North Dakota in 1919. Fleetham writes that the bank was set up to free farmers and small businessmen from the clutches of out-of-state bankers and railroad men. By law, the state must deposit all its funds in the bank, and the state guarantees its deposits. Three elected officials oversee the bank: the governor, the attorney general, and the commissioner of agriculture. The bank’s stated mission is to deliver sound financial services that promote agriculture, commerce and industry in North Dakota. The bank operates as a bankers’ bank, partnering with private banks to loan money to farmers, real estate developers, schools and small businesses. It loans money to students (over 184,000 outstanding loans), and it purchases municipal bonds from public institutions.

Still, you may ask, how does that solve the solvency problem? Isn’t the state still limited to spending only the money it has? The answer is no. Certified, card-carrying bankers are allowed to do something nobody else can do: they can create “credit” with accounting entries on their books."

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