How the Private Bank of England & HM Treasury Fleeces the Flock
Justin Walker on how we could & should all be rich
This country is worth trillions in skills, yet the banks create money out of thin air, leading to a cycle of poverty and the ghost tax of inflation. All this could be changed overnight by a currency or currencies based on credit – be it local currencies, skills and precious metals or something akin to the Bradbury Pound.
Richard Werner on how we loan the banks money
In this now infamous RT interview, Professor Richard Werner explains (from 5 mins 33 in) how the banks are not doing what they tell the public they are doing. A deposit is not a deposit (in law) but a loan from the public to the bank and a bank loan is not a loan to the public, but the purchase of a security/promissory note from the customer.
America: From Freedom to Fascism
Aaron Russo’s forensic study into how America has tricked the US public into paying illegal Income Tax since 1913. Includes an uncomfortable interview with the then head of the IRS (1hr47). Worth watching first 30 mins if short on time. Amazing that anybody in the US still pays tax apart from the one district Washington DC where the Bill was ratified in 1913.
Empty Promissory
Anybody still living under illusion that paper money has value, need look no further than the Credit River Decision of 1968 in which a lawyer by the name of Jerome Daly defended himself against his bank, the First National Bank of Montgomery, which had begun foreclosure proceedings on his property after Daly fell behind with his mortgage payments. The Common Law Action was presided over by Justice of the Peace Martin V. Mahoney who listened intently to Daly’s contention that the bank had simply created credit on its books by bookkeeping entry and had not, therefore, advanced anything of value which was a failure of ‘lawful consideration’ (a kind of quid pro quo). This failure of lawful consideration meant the bank was not entitled to the property, rendering the mortgage agreement null-and-void.
The Next Bank Heist
The Bank of England recently announced plans to introduce a digital pound, CBDC or 'BritCoin'. What they won't tell you is that the digital pound is programmable, that the state will control the code the digital pound runs on and that bail-ins could well pave the way to force this new programmable currency onto unsuspecting customers.
