… from Video Rebel’s Blog.
[I am not sure if I have done the first article justice by adding links to it (thought it might help those who are not aware of certain things). Just want to say it should be read — at least on the first go — without clicking any of them as it explains plainly what is going on.]
I am a banker. I gave mortgages to people I knew couldn’t pay me back and made billions of dollar. The mortgages were worthless and could not legally be sold. I packaged the loans into bonds. I sold some of the mortgages five times over. Mere mortals go to jail for selling a home five times but I didn’t. I bought a new type of unregulated insurance called a Credit Default Swap (CDS) which had been invented by my friend Blythe Masters at JP Morgan while she was still back in England.[Note: She is One of the Key Architects of Carbon Derivatives, Which Would Be at the Very CENTER of Cap and Trade]
These Mortgage Backed Securities (MBS) could not pass scrutiny but there was none. The rating agencies charged me a small fee, only looked at the unregulated CDS insurance and gave the bonds a AAA rating. I then went back to the people at AIG and bought a CDS against the bonds I knew to be worthless so I could collect when the bonds went belly up.
So far I had made fees on the mortgages from the home buyers. Some of these people were illegal aliens and we had to help them fill out bogus applications claiming they made $70,000 a year as a babysitter. They couldn’t afford the payments so I had to loan them money to pay my fees and to make the mortgage payments.
I got my money back for the mortgages when I sold the bonds to the pensioners. I knew the pensioners were going to lose their investments in the bonds I sold. I also knew they were going to need their pensions as I had helped to pass the North American Free Trade Act (NAFTA) in 1994 knowing the workers would all lose their jobs and really need their pensions.
When the bonds did start going bad, I collected on my CDS from AIG so I got paid again for the mortgages. In 2008 my friend Hank Paulson from Goldman Sachs was Treasury Secretary. He told the House and the Senate that the banks would pull the plug on the economy if they didn’t bail out the banks and restore liquidity. Paulson threatened the nation with martial law. The people called Washington and said No Bailout.
But there was no contest. We got our Bailout. It was supposed to be limited to 700 billion dollars. But it grew to more than 27 trillion dollars. That is when the real fun began. The first thing I did was to collect a third time on those bad mortgages. Some spoil sport at the Treasury wanted to have me and my friends take a haircut on the Bailout meaning he wanted me to only get most of the money due me rather than all. But my friend Timothy Geithner, the new Treasury Secretary, intervened and said I was to get 100%. That is only fair.
I knew Geithner from the old days when he was the New York Federal Reserve President. He says he remembers me when we were both starting our careers and he was working for my friend Henry Kissinger at Kissinger Associates. I always liked Geithner but I don’t remember that first meeting. He is a good man. Kissinger hired Geithner because he knew Chinese. I think I will hire him as soon as he resigns his position as Treasury Secretary. I need someone who understands money and Chinese. All my investments are over there now. I can’t invest in America any more. Look what terrible shape the country is in.
In 2008 I was involved with Goldman Sachs and JP Morgan in another Bailout program that never made the papers. I never met Ben Bernanke even though he is a Harvard man. We went to school different years. Nevertheless, I did get a 17 billion dollar loan at 0.078% interest in 2008. Some other banks played it safe and loaned the money back to the government for a small profit. Not me.
What our three banks did was join together to buy oil in the futures market in 2008. We bought every barrel of oil 27 times and raised the price each time until gasoline was $5.00 a gallon. We made another fortune. We did this again just recently but I digress.
I have to tell you that I do not own Wells Fargo and I had nothing to do with the laundering of Mexican drug cartel money. You might have read that Wells Fargo owned five planes which they leased to the cartel so they could take the drugs over the American border. This is something I would never do. What I do is to require my drug clients to make their cash deposits in my offshore bank centers. I get a percentage of the trillion dollars a year in drug money plus the 400 billion in illegal weapons and the 500 billion a year in bribe money. Of course I have to pay bribes to keep this part of my business running. And I must tell you that the bribes I pay to fix your government are not tax deductible. But then I am tax exempt so I guess it doesn’t really matter.
My wife recently almost made it into the papers. Matt Taibbi wrote about my friend John Mack from Morgan Stanley and his wife. My wife is ten years younger, very attractive, from a good school and is what poor men refer to as high maintenance. By that the common men mean that a woman costs a lot to support. But my friend Ben created a special program to help The program is called Term Asset-Backed Securities Loan Facility or TALF. What Ben did was make a loan program where you or rather someone like my wife could walk into the FED and get a loan. To qualify all you had to do was to take the FED loan and buy a dead security. Hand the security over to the FED as collateral. Mt wife invested in bad student loans. The loans that were repaid went to her. The loans that went into default were given to the Federal reserve. It was a great program. Taibbi wrote about Mrs Mack but not my wife because John’s wife had borrowed 37 million dollars more than all the others involved. As I said, it was a great program and bought my wife a new Paris wardrobe and quite a few jewels.
The Bailout is continuing. My friend Blythe Masters is VP for Global Commodities at JP Morgan. She, I and Goldman Sachs are back in the futures market. We are taking that Bailout money you gave us and investing in commodities and oil. To date we have driven up the price of food and oil.
I heard a joke the other day. I am terrible at telling jokes but it is so funny I have to share it. A man was wondering how come he saw prices going up even though the inflation rate released by the federal government is still below one per cent. His friend was market savvy and said. Well what they do is to take their monthly survey and then subtract Tim Geithner’s shoe size. I thought that was funny when I first heard it.
In 2009 Ben Bernanke had a secret Bailout program that unfortunately was made public by a meddlesome lawsuit. I can tell you that the Journalist who sued us has died. The Europeans who had bought those fraudulent MBS from me and my friends threatened a run on the banks if we did not buy back the fraudulent notes. They actually would have sent me to jail with common criminals. But Ben Bernanke had a plan. He created 12.3 trillion dollars almost overnight. He used 6.3 trillion to buy our worthless notes. This kept me and my friends out of jail. All it did to you was to raise the price of your food and gas.
Well by this time next year the Bailouts should just about be completed. By that I mean when prices for food and gasoline double and you won’t be able to pay me any more money. I haven’t decided what I will do about you when I don’t need you any more. I might allow some of you to live past 2012. I would expect you to be on your best behavior. I am tax exempt so I don’t have to pay for your Food Stamps and your Social Security but I do not like people who complain. Just suck it up and pay for those Bailouts in silence.
I really despise people who demand I be arrested and be sent to prison. Don’t they realize the bankers own their government? I never met Eric Holder, the Attorney General, but he has done a good job spiking those investigations and indictments at the Department of Justice. I never met Janet Napolitano over at DHS but she is doing an excellent job and has a special list of men and women who have demanded bankers be arrested.
Just wait until 2012. Then you will learn what I really think about you, I despise you, your family and your damn friends. Get this through your head. You do not matter. Your family does not matter. Your friends do not matter. You are not a banker. You were born to pay me fees and interest. When you can no longer pay the vigorish, you will be of no use to anyone.
Suppose you were a counterfeiter and were given the right to print all money in the United States with the sole proviso that you could not directly buy anything. You were only allowed to pass it onto an unsuspecting public by loaning it at interest to them or to their government. Your only source of income would be the interest you collected on all of the loans in America.
This means you would be given the same license to print money that the bankers gave themselves in 1913 when they created the Federal Reserve. You could transfer all wealth from those poor devils who had to work for a living to yourself because you had a license to print money.
Money is a commodity that measures the value of all other commodities and goods and services for sale. Prices are a ratio of money to everything for sale. For example, if we doubled the money supply but did not increase our output of goods and services, we might expect prices to also double.
Please note that when I say money I am not just talking about Federal Reserve Notes. The total money supply also includes checking account money which bankers create when you ask for a loan. If you get a loan for ten thousand dollars, the bank is not loaning you money from an old lady’s deposits. They are adding ten thousand dollars to the money supply by creating that amount of credit in your checking account. They are counterfeiting money.
Fractional reserve banking allows the bank to loan out money up to ten dollars for every dollar they have on deposit.
This is no longer quite true. JP Morgan allows $2,000 in risk for every dollar in capital. This has been allowed since the repeal of Glass Steagall in 1999. There are a couple of people in the House who want to re-instate Glass Steagall to no longer allow commercial banks to take the risks of investment banks. Those risks were covered by 27 trillion dollars in taxpayer bailouts to date. But the bankers own your government and your press so there is no risk to them of this bill passing the Congress and surviving a veto.
I need to point out one great flaw in this money making scheme. When you borrowed ten thousand dollars, the banker created an entry in his books and gave you a deposit of that amount in your checking account. At the end of the year he expects you to repay him the $10,000 plus say a thousand dollars in interest. The problem is that he only created enough money so you could pay him the principal and not the thousand dollars in interest. So where do you get the money to pay the interest? You don’t. The banker does.
What has to happen for everyone to be able to make their payments, is that the banker must create enough new money over the next year to pay the interest on all of the new loans made nationwide. And the following year they will have to do the same. Eventually, you will see just about everyone including the government facing a mountain of unpayable debt. This is what I call the Debt Bomb.
It is just as deadly as a nuclear weapon. When the Debt Bomb detonates, hundreds of millions of people worldwide are foreclosed, bankrupted, sent into unemployment and dire poverty.
At this point you might have a few questions: What kind of people would wreak such harm on humanity? Why wasn’t I told about this in school? Why haven’t our political leaders done anything to protect us? How have we gotten out of Debt Bombs in the past?
To answer these question I will begin by explaining to you why I chose the title The Counterfeiters for this essay. I borrowed the title from Andre Gide’s novel Les Faux Monnayeurs (The Counterfeiters.) In his novel Gide was not just talking about counterfeit money but more importantly about counterfeit human beings.
The people (Warburgs and Rothschilds) who created the Federal Reserve patterned it after the English and German central banks who both borrowed it from the Dutch. It seems that in 1348 the Italian banks failed from which we get the modern word bankruptcy. This is from the Italian for the rupture or breaking of the bench where the banker did business. The bankers would accept deposits in gold and made out checking account loans many times that amount. This lasted until the bankers became too greedy. and made too many loans. The bankers could not cover their deposits so the mobs chased them out of Italy. They settled in Holland where their evil system infected the modern world.
From time to time you might hear of the Black Nobility. They are called black because their deeds are evil not because they are from Africa. They also often wear the black robes of the Catholic church to whom they have been a burden. They trace their ancestry in part to Byzantine Emperor Leo IV whose mother was the Jewish Khazar princess Irene. The Black nobility also trace their origins to Venice and their failed banking systems. In 1348 they took refuge in Holland where centuries later they met the Rothschilds. The latter took control of the Bank of England in 1815 at the conclusion of the Napoleonic wars and in 1827 became bankers to the Vatican.
I would be remiss in not mentioning Jacob Frank, the satanic rabbi who declared himself to be a reincarnation of King David. He taught the doctrine of purification through transgression. Wife swapping (Festival of the Lambs) was a fundamental part of his doctrines and practices. He had many Jewish followers but was excommunicated for his acceptance of Christian writings. He was a satanist and was very poor until he reached Frankfurt, the banking capital of Germany.
The Black Nobility, which today includes most European royal families, the banking elite and others has in some way hijacked modern Judaism or rather Zionism to form what can only be described as a counterfeit ideology and culture. These are the Counterfeiters. They are a mixed multitude and are not all Jewish . Nor do all people of Jewish descent support the Counterfeiters.
I have said in the past that Jewish people must now side either with America or with Israel. Israel declared war against Americans on September 11, 2001. Israel did 911 as well as assassinate John Fitzgerald Kennedy and Martin Luther King. If you doubt me, leave a comment.
I will devote the remainder of this essay to describing how these Counterfeiters have in the past solved the banking and economic problems they created.
First, there is the Debt Bomb to solve. Unpaid interest accumulates exponentially until all commerce freezes and the economy grinds to a halt with tens of millions dying of starvation. The Counterfeiters have solved this problem in the past by canceling the debts through either inflation (1923 Weimar Republic) or deflation (1933 America.) There is a third alternative of debt cancellation developed by the Babylonians which has been described in detail by Michael Hudson. But it does not involve the transfer of wealth from the poor to the rich and the infliction of suffering upon billions of people so it has been rejected by the Counterfeiters and the media they own. The Babylonians specifically noted the compound interest growth of debt and canceled them after a period of years. This was copied by the Bible writers who called it the Jubilee.
In the 19th century American bankers were caught circulating a letter which instructed all banks to stop making loans and to demand repayment on a specific day. This was intended to cause a financial panic and allow the bankers to buy America for pennies on the dollar.
Whether we have a super inflation in America or a drastic deflation to cancel the Debt Bomb, it will transfer all wealth from us to them. I have described this process before in the essay Blythe Masters Blows Up The World. http://vidrebel.wordpress.com/2011/02/09/videos-blythe-maters-blows-up-the-world/
I revealed other means the bankers use to steal from us in my essay Stealing Money By The Trillions. http://vidrebel.wordpress.com/2011/04/03/stealing-money-by-the-trillons/
The Counterfeiters know that the collapse of the dollar and mass starvation will lead to nationwide riots. These problems have been solved many times in the past. You can see the techniques they use to create a National Security State and to mire the world in perpetual war in my essays Zionism Undone http://vidrebel.wordpress.com/2011/04/10/zionism-undone/
and Zionism Undone Part II http://vidrebel.wordpress.com/2011/04/13/zionism-undone-part-ii/
I have proven Israel did 911. I said in order to eliminate all freedom in America, to exterminate all Muslims who object to Israeli occupation and war crimes and to launch World War III which the Counterfeiters hope America will lose. They do not want you to be able to demand the return of the tens of trillions of dollars the bankers stole from us.
I have written about 911 in the essays The Lies Reach Critical Mass.
It is no secret that the dollar is collapsing in value daily and I would say by design though it is happening faster than the Counterfeiters would like. They think they need to stay in control as they lead us to World War III.
Our opponents are counterfeit people and lack humanity. This makes them cunning and vicious but also makes them easily detected by normal human beings during times of stress like war and economic collapse.
I believe we will win the upcoming struggle.
Hammer away these points.
Israel did 911.
Our banking system was designed to collapse with a Debt Bomb so all of our wealth could be taken by the bankers.
Israel and the bankers want America to launch WW III by attacking Iran.
Israel and the bankers want America to lose World War III after the USA has exterminated the Muslims and Israel has taken their oil.