FRACTIONAL RESERVE SCAM

So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan.

But the bankers will strike back WITH A VENGEANCE...

O’Kelly was appointed Minister of Finance in 1939. He secured the passing of The Central Bank Act in 1942. On 17 July 1942 at the fifth and final stage of the Dail debate on the “Central Banking Bill”, he argued that the owner of the credit issued by the Central Bank of Ireland, should be the private property of the joint stock banker and not the property of the people of Ireland. This debate was carried out when only five Deputies were present in the Dáil.

The reality is that the Occupy Wall Street movement is filled with Jews. The Jewish Telegraphic Agency recently noted its distinctly “Jewish flavor.”

Fifteen hundred people attended a Yom Kippur service outside Liberty Plaza earlier this month, in what participants described as one of the most powerful and moving events of Occupy to date.

The article below justifies the skepticism of WUFYS readers by discussing how “liberals” and the Democratic Party want to co-opt the Wall Street protesters, in order to keep the present system in place.

In the bad old days of the Soviet Union the police took surveys of the population to determine their limits. Today’s bankers are the equivalent of Joe Stalin

The accomplishments of the Rothschild's and fellow banksters is nothing short of astonishing.  They have literally got the world to hand them the right to manufacture money out of nothing and then to turn around and lend the mammon back to the world plus usurious interest!  Almost single handedly, this small group of men have dominated the world.  However, in their efforts to dominate the world they have caused extraordinary pain and agony and even potentially the complete destruction of life on earth.

Webpage discovered by Rockclimber!

Libya has been one of the last nations in the world that had its own state run banking system, and control over its own money supply.  By having this system in place, they could demand oil purchases from their oil fields to be made in Libyan Dinar, and not the US Dollar.  It also means that Libya has ensured themselves a stable economy, with little inflation and currency devaluing as most of the industrialized world has under private central banks.

To understand the historical context of the current crisis, it is pivotal to address the nature of the most vital and powerful force within the capitalist global political economy: the central banking system. One of the least understood, most widely ignored, and mysteries of capitalism, the central banking system, is also the source of the greatest wealth and power, essentially managing capitalism – controlling the credit and debt of both government and industry.

Debtors' prisons have a sordid history that was thought to be best left behind in Medieval Europe and in Charles Dickens' fictionalized accounts of the 19th-century hellholes of Victorian England. 

There are two methods of rebutting the contention that credit money here belongs to the Irish people. One is the method of denying its existence, and that, as I understand it, is the position of the Leader of the Opposition. The position taken up by the Leader of the Opposition and by those who think with him is that a banker lends the money of his depositors and shareholders and nothing else, and that, therefore, the public have no concern with the activities of a bank, other than their personal dealings with it.