+ Reply to Thread
Page 1 of 2 12 LastLast
Results 1 to 15 of 28

Thread: Making The World Safe...For Bankers

  1. #1

    Default Making The World Safe...For Bankers


    Making The World
    Safe...For Bankers

    By Henry Makow Ph.D
    7-19-8



    International bankers live in fear. Not of starvation, disease or war. These are the concerns of children in the Third World.

    Bankers are terrified we might object to paying them billions each year in interest for money they create out of nothing, guaranteed by our taxes. (The Federal Reserve Board, a private cartel of mostly foreign banks, finagled this monopoly in 1913.http://www.savethemales.ca/260602.html)

    The bankers are frightened that, like the homeless man's dog, we might say, "I can do this myself."

    They are scared the government might go even further and "default" on trillions of make-believe "debt."

    "The dogs bark but the caravan moves on."
    .....................The Zengrifter Interview (PDF) |
    The Zengrifter / James Grosjean Reputation Debate
    -----------------------------------------
    “Truth, like gold, is obtained not by growth, but by washing away all that is not gold.” — Leo Tolstoy........
    "Is everything a conspiracy? No, just the important stuff." ZG

  2. #2
    Join Date
    Jul 2005
    Posts
    818

    Default

    Hey bankers are people too.

    Seriously though, if government wants to build bridges and roads and wage wars -- then that is what taxes are for. This is the first major war ever fought by the US without raising the money to wage it. In other words, our children and their children and their children will pay for it. You can't blame the people that loan money to the gov't because the president wants to delay the payment for his adventures until some other president is in office. Bush will claim he reduced taxes while ignoring the fact that he just borrowed the money instead. A Democrat will follow and he will have to pay the debt run up by this Admin -- and he will be blamed for raising taxes.

  3. #3

    Default

    Quote Originally Posted by QFIT View Post
    Hey bankers are people too.

    Seriously though, if government wants to build bridges and roads and wage wars -- then that is what taxes are for. This is the first major war ever fought by the US without raising the money to wage it. In other words, our children and their children and their children will pay for it. You can't blame the people that loan money to the gov't because the president wants to delay the payment for his adventures until some other president is in office. Bush will claim he reduced taxes while ignoring the fact that he just borrowed the money instead. A Democrat will follow and he will have to pay the debt run up by this Admin -- and he will be blamed for raising taxes.
    Income tax ONLY pays fed-reserve (bankers) interest on treasury debt. zg
    "The dogs bark but the caravan moves on."
    .....................The Zengrifter Interview (PDF) |
    The Zengrifter / James Grosjean Reputation Debate
    -----------------------------------------
    “Truth, like gold, is obtained not by growth, but by washing away all that is not gold.” — Leo Tolstoy........
    "Is everything a conspiracy? No, just the important stuff." ZG

  4. #4
    Join Date
    May 2007
    Location
    Midwest
    Posts
    518

    Default

    Oh, come on. Treasure debt is paying like 3-4% annually right now. I can do better than that in a savings account.

  5. #5

    Default

    I said: "fed income tax ONLY goes to interest on debt." zg
    "The dogs bark but the caravan moves on."
    .....................The Zengrifter Interview (PDF) |
    The Zengrifter / James Grosjean Reputation Debate
    -----------------------------------------
    “Truth, like gold, is obtained not by growth, but by washing away all that is not gold.” — Leo Tolstoy........
    "Is everything a conspiracy? No, just the important stuff." ZG

  6. #6
    Join Date
    May 2007
    Location
    Midwest
    Posts
    518

    Default

    That's ludicrous. The real problem is the war in Iraq, which is causing the national debt. If we bail out any more companies, we're gonna get a credit downgrade from AAA too. Happened in Japan during the "lost decade" (the 90's).

  7. #7

    Default

    Quote Originally Posted by moo321 View Post
    That's ludicrous.
    You're saying that fed income tax goes to something other than paying interest on govt debt to the Fed? zg
    "The dogs bark but the caravan moves on."
    .....................The Zengrifter Interview (PDF) |
    The Zengrifter / James Grosjean Reputation Debate
    -----------------------------------------
    “Truth, like gold, is obtained not by growth, but by washing away all that is not gold.” — Leo Tolstoy........
    "Is everything a conspiracy? No, just the important stuff." ZG

  8. #8
    Join Date
    May 2007
    Location
    Midwest
    Posts
    518

    Default

    Quote Originally Posted by zengrifter View Post
    You're saying that fed income tax goes to something other than paying interest on govt debt to the Fed? zg
    Yes, do you have any government sources that say otherwise?

  9. #9
    Join Date
    Jul 2005
    Posts
    818

    Default

    Last I looked, a bit under 10% of the budget goes to interest payments. Somewhat less than half of that goes to countries that have loaned us money -- Japan and China at the top. When you remove Medicare and SS, which aren't supposed to be party of the budget, and count the wars, the majority of money goes to the military and associated organizations (Homeland Security, CIA, NSA, etc).

  10. #10

    Default

    I'll stand by this -
    The many other taxes paid fund all of the aspects of America that the federal government provides (or are at least meant to). The sole purpose of the income tax is to pay the interest on the loans the federal government takes from the ‘Federal Reserve’.
    Last edited by zengrifter; July 22nd, 2008 at 12:58 PM.
    "The dogs bark but the caravan moves on."
    .....................The Zengrifter Interview (PDF) |
    The Zengrifter / James Grosjean Reputation Debate
    -----------------------------------------
    “Truth, like gold, is obtained not by growth, but by washing away all that is not gold.” — Leo Tolstoy........
    "Is everything a conspiracy? No, just the important stuff." ZG

  11. #11
    Join Date
    Jul 2005
    Posts
    818

    Default

    The gov't doesn't borrow from the Fed. It borrows via the Fed. It also uses the Fed the way we would use a checking account. The Fed handles the accounts, sells Treasuries, etc. But it doesn't directly loan to the gov't or charge the gov't interest. It just handles the Treasuries and physically makes the interest payments for the gov't. All taxes and fees go into the gov't account at the Fed. And the Fed makes payments whether for interest or goods and services.

  12. #12

    Default

    Quote Originally Posted by QFIT View Post
    The gov't doesn't borrow from the Fed. It borrows via the Fed. It also uses the Fed the way we would use a checking account. The Fed handles the accounts, sells Treasuries, etc. But it doesn't directly loan to the gov't or charge the gov't interest. It just handles the Treasuries and physically makes the interest payments for the gov't. All taxes and fees go into the gov't account at the Fed. And the Fed makes payments whether for interest or goods and services.
    Arron Russo died and Irwin Schiff is in prison, so I am unable to summon a convincing refutation, momentarily. zg
    "The dogs bark but the caravan moves on."
    .....................The Zengrifter Interview (PDF) |
    The Zengrifter / James Grosjean Reputation Debate
    -----------------------------------------
    “Truth, like gold, is obtained not by growth, but by washing away all that is not gold.” — Leo Tolstoy........
    "Is everything a conspiracy? No, just the important stuff." ZG

  13. #13
    Join Date
    Jul 2005
    Posts
    818

    Default

    The fact that Irwin Schiff is in prison should tell you something about his claims.

  14. #14

    Default

    Quote Originally Posted by QFIT View Post
    The fact that Irwin Schiff is in prison should tell you something about his claims.
    I covered the trial - it was a kangaroo court.
    (Thats my front page cover, below) zg
    ------------------

    Irwin Schiff Railroaded by IRS
    by JIM DAVIES | Conspiracy Planet



    The scene is Las Vegas -- the trial of Irwln Schiff and his friends and employees Cindy Neun and Larry Cohen.

    None of them profess to be anarchists and all accept, approve and willingly pay taxes that are enacted into law; but thirty years of research have convinced Schiff that the US "income tax" has not been enacted into law.

    All agree that by publishing his findings and showing how to frustrate the IRS ' attempts to collect a trillion dollars a year despite the perceived absence of legal right, Schiff has cost the FedGov many billions of dollars; and whether he's right or mistaken, that's an achievement to put all of us to shame. It's several billion dollars' worth of evil, havoc and mayhem that the government could not wreak--thanks to the efforts of one good man.

    MORE- http://www.conspiracyplanet.com/chan...contentid=2941
    Last edited by zengrifter; July 22nd, 2008 at 05:28 PM.
    "The dogs bark but the caravan moves on."
    .....................The Zengrifter Interview (PDF) |
    The Zengrifter / James Grosjean Reputation Debate
    -----------------------------------------
    “Truth, like gold, is obtained not by growth, but by washing away all that is not gold.” — Leo Tolstoy........
    "Is everything a conspiracy? No, just the important stuff." ZG

  15. #15
    Join Date
    Jul 2005
    Posts
    818

    Default

    Schiff has a problem. He believes A, and every judge believes B. He is in jail still claiming that he has proved A even after conviction.

    I get a kick out of these cases. Wesley Snipes actually lecturing the judge on the law.

+ Reply to Thread

Similar Threads

  1. Making Wall Street Pay its Fair Share
    By zengrifter in forum ZenZone General Discussion
    Replies: 3
    Last Post: April 1st, 2014, 09:23 PM
  2. The Quiet [Bankers] Coup [of the US Gov't]
    By zengrifter in forum ZenZone General Discussion
    Replies: 5
    Last Post: May 17th, 2009, 12:46 AM
  3. The Bullet-Proof Safe Bed
    By zengrifter in forum ZenZone General Discussion
    Replies: 2
    Last Post: March 31st, 2008, 11:43 PM
  4. Save Subprime Borrowers, Not Fat Bankers
    By zengrifter in forum ZenZone General Discussion
    Replies: 2
    Last Post: August 23rd, 2007, 03:01 AM
  5. Where gasoline is cheap, and why it's making yours pricey
    By person1125 in forum ZenZone General Discussion
    Replies: 0
    Last Post: May 7th, 2007, 06:18 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts