View single post by Joe Kelley
 Posted: Sun Jun 12th, 2011 09:40 am
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6399
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http://lewrockwell.com/north/north990.html

Anyone,

Please consider reading the above link, from an Austrian Economic professor, Gary North, concerning the future of honest productive people world wide; and consider doing so knowing the following:

A few powerful people have borrowed money from honest productive Americans, you, and then those few people then use that stolen power to cause honest productive people to believe that you owe them money, with interest.

Can you shed your false beliefs and know that fact; before you take another willful step into your future?

Here is a quote from the link:

That was surely forthright for a sitting Treasury Secretary. He was not specific, but to say that another crisis will come was unique. He added this: "It's not going to be possible for people to capture risk with perfect foresight and knowledge."

Gary North quotes a person who has willfully borrowed from you.

That  person then acts, and speaks, as if you owe him money, with interest.

Is that true? If that is true, then who is fooling who? Who is the fool? Who is making other people into fools? You can point your finger at me, if that makes you feel better. I just happen to know that the legal criminal lie, they are hired to lie, and those who hire them either know the truth or those that hire them desire ignorance: they prefer to believe in lies.

Honest productive people create surplus wealth, and as such they are the source from which credit has been earned. Who constitutes the good faith and credit of the American people? You? Do you consume less than than you produce? Can you measure your productive capacity accurately enough to then subtract an accurate measure of your capacity to consume?

If you cannot; then you are ignorant by that exact measure. Who borrows from who? How can anyone borrow from someone who has nothing but lies? What is the cost of lies? Are lies productive? If you borrow a lie, and you then consume that lie, and then you spend that lie, and that lie then becomes current, flowing from one consumer to the next, then how much is produced by that process, and who benefits from that production, what is produced by that lie, and who cashes in on that lie?

Liars do not produce. Liars steal from those who do produce. Honest people, who earn the capacity to be trusted, produce valuable things, because that is the only way to make use of division of labor, and specialization, and economies of scale, by way of reducing the cost of distrust, so as to use time and energy (power) more efficiently, to trade, to exchange, to make one part that adds to many other parts as the many diverse and specialized parts are then capable of producing a much more complicated whole.

So where do these guys get their power, these hired liars, where do they borrow their power, or do they steal it?

If you are not ready to jump to the conclusion that the hired liars steal, or if you are not even ready to jump to the conclusion that the hired liars lie, then I can walk you through, hold your hand, and help you measure reality more accurately - with the help of one of the Austrian Economics professors.

Look at the quote:

That was surely forthright for a sitting Treasury Secretary. He was not specific, but to say that another crisis will come was unique. He added this: "It's not going to be possible for people to capture risk with perfect foresight and knowledge."

Someone has the legal power to add trillions of dollars to the total number of legal U.S. dollars. That same person, or group of people working together, trusting each other (working together), can subtract trillions of dollars to the total number of dollars.

Can you call the bank up and tell them to add 12 zeros to your account?

$1,000,000,000,000

Someone can, and they do, and the same group hires liars, and one of the liars, or one of the employers of the liars, has part of the power to legally add 12 zeros to their bank account, and then you hear about it from someone else, like me, or like Gary North, or Alex Jones, or anyone who has this wild idea that you may want to know this fact.

How about a name, a real person, someone with a name, and someone who is inside that group of people who either hire liars, or who are liars, who are the people, or who is the person, who has the power to add 12 zeros to their bank account, when they want, and they do, and one of them has a name, and one of those names is the person speaking, the person quoted by Gary North, in the article linked at the top of this page.

That was surely forthright for a sitting Treasury Secretary. He was not specific, but to say that another crisis will come was unique. He added this: "It's not going to be possible for people to capture risk with perfect foresight and knowledge."

Where does the power to purchase with that legal money come from: who produces the value that backs up the dollar, and makes the dollar powerful enough to purchase something? Who produces the good faith and credit of the American people? Who borrows from honest productive American people? What do the people who borrow from the honest productive people say when they are borrowing from the honest productive people in America?

A. The truth
B. Lies

"It's not going to be possible for people to capture risk with perfect foresight and knowledge."

Do you know what that means? Do you think that the meaning of those words are only meaningful for a select few people at the top, and that the meaning of those words has nothing to do with most of the honest productive people in America?

I can help you know the truth, if you are as yet ignorant about the truth concerning those words.

The legal license holders have added many zeros to their accounts and they then consume that power. They then call the result of their use of that power a risk to you, if you are one of the honest productive Americans from which that power is produced.

If you are one of the sources of the good faith and credit of the American people, then you are one of the people who produce more than you consume, and you are one of the people who have increased surplus wealth, and you are now at risk because your power has been borrowed from you, and spent, and the expense of your power has caused a risk, and you will now have to produce more, and you will have less to consume, even while you produce more, which is the accurate measure of what is being called risk, by that person quoted by Gary North.

That was surely forthright for a sitting Treasury Secretary. He was not specific, but to say that another crisis will come was unique. He added this: "It's not going to be possible for people to capture risk with perfect foresight and knowledge."

Adding 12 zeros to the dollar account is definable as a loan that has been legally borrowed from a creditor. Who is the creditor? Who borrowed the money? Who owes who? What is owed to who?

How can someone, who borrows from you, manage to convince you that you owe them money: because they borrowed money from you, and on top of that magic feat, they convince you that you owe them interest on the money they borrow from you?

How deep are the lies buried into your conscious?

They borrow from you while they say you owe them for the money they borrow from you - with interest?

Who is the fool?

Me?

They lie. They first have to convince you, and make you believe, that their product, their money, is the only money that you must have, or without their money you will suffer, without their money you will have to work harder, and without their money, you will have less, and less, and less to consume, and without their money, you will earn less, and earn less, and earn less, as you work harder, and harder, and harder, for less, and less, and less, without their money.

Do you actually, really, believe that lie, as gospel? That is what the lie intends to accomplish.

That is why they subtract from the total supply of money. They have to convince you that you will suffer without their money. You can see the truth of this if you can regain control of your own mind.

Without their money you are broke. To bad for you.

A monopoly money license is a legally enforced single legal money product, having no legal competitor, and as such there is no legal force that forces that money product to a higher quality, at a lower cost. The single monopoly money license holders can add 12 zeros at will, or subtract 12 zeros at will, from the total supply of the single legal money product - in this case The Dollar.

If you regained control of your mind you could then conceive of at least one competitor to that one legal money license holder who produces that one money product, that Dollar, and then, as with insurance, the quality of the product increases, and the cost of the product decreases, as competitors try their best to get you to choose their competitive product instead of the other competitor.

If one competitor keeps adding 12 zeros to their money product, paying themselves bonuses, rewarding their fellow license holders, and the other competitor pays you back for borrowing your money, with interest, then which will you choose?

A. One competitor borrows from you and then demands that you pay them back for the money they borrowed from you, and they demand that you pay them back interest on the money they borrow from you.

B. The other competitor borrows money from you, risks your money, and if they spend your money almost as good as you, or as good as you, or they spend your borrowed money better than you, then they pay back every cent borrowed, and they pay you back more than they borrowed, they pay you interest on the money they borrow from you. If they don't pay you back, do you look for another competitor, or do you continue to loan money to those who waste your money on failed aggressive wars for profit, or other less wasteful expenses?

I'm going to read the rest of the article by Gary North, to see if I can find any value in it.

You can do with the liberty you still have; as you see fit.

I have yet to edit this offering.