Kill the CREDIT Monster!
by James Jaeger
Well done fellow Americans, you took a stand!
A 770 point drop in the Dow! Wow, the largest single-day point drop in the history of the stock market. What does this mean? It means maybe the American public is FED UP! Maybe Main Street is fed up with Wall Street and MONEY CHANGERS' constant siren for MORE CREDIT. Americans have hopefully reached a point where they recognize that they don't NEED or WANT any more CREDIT and the enslaving DEBT that goes along with it.
A. They don't CARE if there is no more CREDIT for a new car.
B. They don't CARE if there is no more CREDIT for a college tuition.
C. They don't CARE if there is no more CREDIT for a new house.
D. They don't CARE if their employer can't borrow money to make payroll, because they are going to quit working for such a company anyway.
A - D has endlessly been threatened by the corporate media's talking heads in an attempt to get the American taxpayer to once again bail out Wall Street and the FIAT MONEY banking system it uses to rape and pillage endlessly.
Americans are sick of DEBT. Americans don't WANT any more CREDIT.
Americans don't HAVE to go out and buy another greasy, overly-complex internal-combustion-engine-car that burns yet more environment-killing oil and fossil fuels and turns our cities scummy gray.
Americans don't NEED more credit card-financed DVD players, wide-screen TVs or digital crap that's made in China with child slave labor.
Americans don't NEED a college education when all they need to do get out books and start reading MORE and watching mainstream media TV LESS.
And if they DO need any of these things, if these things are that darn important, let them SAVE for them.
Endless CREDIT made possible by endless printing of FIAT money just drives the cost of all these thing up anyway. Prices fall to reasonably levels when they aren't driven up with artificial money (CREDIT) being spewed all over by the banking system and their buddies on Wall Street.
CREDIT = RISING PRICES
$80,000 for a year of college?! That's preposterous!
$35,000 for a car?! That's preposterous!
$250,000 for a house?! That's preposterous!
42 cents to send a one-ounce letter somewhere?! That's preposterous!
ALL these preposterous prices are a result of endless CREDIT, endlessly destroying the PURCHASING POWER of the dollar through fiat currency.
And the banks (and their Wall Street buddies) create all this CREDIT out of thin air and then saddle Americans with DEBT for life.
Americans may be on the verge of realizing the only good credit card is a credit card that's been CUT in half.
All Wall Street wants to do is keep Main Street addicted to CREDIT. More credit = more debt. You need more credit, they endlessly scream! Don't you want to borrow MORE money from our bogus fiat money system, they scream? More, more, more.
The sooner Americans realize they can SURVIVE without MORE, the better off they will be.
The debt-peddling scum on Wall Street, and in the Federal Reserve Banking System, have American so strung out on credit and debt they don't know what to do.
So what if the market crashes! So what if it drops another 770 points or more. It comes down to this: either Americans take a stand against the debt/credit monster NOW and let the overly-consolidated banks and other corporations fail, OR the system will grow ever larger and the CRASH will be ever WORSE.
It is time to confront the CREDIT MONSTER that's eating up the nation and funding endless ill-advised wars and endless social handouts.
The only reason the banks and Wall Street REALLY want you, the taxpayer, to bail them out is because they MUST generate more CREDIT in order to continue their Ponzi scheme. Remember, every dollar they loan into circulation (as CREDIT) has debt service attached to it. In order to service that DEBT, yet MORE money must endlessly be created for the economy. But with the additional money comes additional debt service. It's a big scam, a ponzi scheme. Watch a movie on the Net called MONEY AS DEBT to get the details.
THE WORLD WILL GO ON WITHOUT CREDIT.
Let Wall Street EXPLODE on its greed and stupidity! The remnants of Wall Street and the banking industry will provide new opportunities for new people and new businesses to thrive. Just like a star going supernova provides the basic elements that make life all over the universe possible, the death of Wall Street as we now know it will present new opportunities for a better financial system.
Just like the death of the dinosaurs made way for smaller mammals and eventually you and me, let Wall Street and it's fiat money enabler, the Federal Reserve System, go the way of the dinosaur it is.
And after the banksters and ponzi scum are gone, NEVER allow them or anyone to install another FIAT MONEY system again. This means JUST SAY NO TO A GLOBAL FIAT MONEY SYSTEM. This means NO Amero. This means NO Bancor or expanded Euro.
The last time the MONEY CHANGERS foisted THEIR banking system on the American public was 1913 after a secret meeting on Jekyll Island. Don't let them do it again.
Article I, Section 8 & 10 of the U.S. Constitution warns Americans that MONEY must be GOLD and SILVER and the ONLY paper currency that's permitted is paper that is redeemable in GOLD and SILVER. That means BACKED by gold or silver. A backed currency is supposed to be a check and balance on the elite bankers that would print up too much currency to lend to too many sub-prime borrowers.
IF AMERICANS BAIL OUT THE SCUM ON WALL STREET NOW FOR $700 BILLION, THEY WILL HAVE TO BAIL THEM OUT FOR $1.5 TRILLION OR MORE LATER ON.
Do the math. It is mathematically IMPOSSIBLE for a FIAT money system to last more than a certain amount of time. Every FIAT money system that has EVER been established in the history of the World has ended badly. Watch MONEY AS DEBT and FIAT EMPIRE, both docs on the Net for free.
Don't play the CREDIT game!
Don't need DEBT!
Don't bail out Wall Street Banksters!
Remember, only about 5% of the American people are significantly involved in the stock market. After the last TECH-STOCK BUBBLE burst, many got the message and left the stock market. The message is this: ONLY insiders, brokers and investment bankers consistently win at the stock market. Read EMPIRE OF DEBT by Bill Bonner for substantiation of this statement as well as to get a full picture of the DEBT BUBBLE Wall Street and the Federal Reserve System have created. Watch a documentary film entitled, FIAT EMPIRE (www.FiatEmpire.com) to get further details from Ron Paul and other experts that are ACTUALLY looking out for the folks.
Let the CREDIT MONSTER die.
You don't NEED that new car or 5th TV set right now. College tuition is WAY too high anyway and the curriculum taught at most colleges is designed to produce yet more clone employees for the current debt-ridden system. You don't need college at this time.
And the threat that your employer MUST have credit so s/he can make payroll?! Well if your employer is this much on the edge, maybe you should look for new job. Any employer that can't set aside enough cash to meet a fixed-and recurring-expense like PAYROLL, isn't very good at financial planning. And if your employer needs DEBT to meet payroll, maybe he's hired too many people and it's only a matter of time before THIS company goes belly up. Get out before you get burned and most of all, don't let apologists of the Wall Street DEBT system scare you with PAYROLL threats.
So here's the bottom line:
MAIN STREET DOES NOT NEED CREDIT TO SURVIVE AND PROSPER.
WALL STREET DOES NEED CREDIT TO MAINTAIN ITS PONZI SCHEME AND SURVIVE OFF YOUR BLOOD.
Don't give any more blood.
Let Wall Street crash and burn.
Why should every taxpayer have to be personally responsible for shelling out over $5,000 to bail out the scum on Wall Street that have done nothing but live high and mighty on FIAT money the past decades?
Remember, the multinational corporations that out-sourced YOUR job (or the job of your family or friends) buy and sell their stock on Wall Street. These multinationals have hired cheap Chinese slave-labor to replace YOU and YOUR job so THEY, and their Wall Street stockholders could get rich. The obscene profits they have made have gone to such things as Gulfstream G550s and CEO salaries 350 times higher than the average wage they pay to their employees. Then when these Benedict Arnold-CEOs leave their companies, even after setting the entire place on financial fire, they usually receive "GOLDEN PARACHUTES" worth millions or tens of millions in severance pay. Meanwhile their employees, such as was the case with ENRON, not only get laid off, but lose their retirement funds and often the homes (because they can't keep up their Fed-member bank mortgage payments).
DON'T BAIL THIS SCUM OUT! Let their parachutes fail. Let them get a real job back on Earth. Let them put the $350,000 they paid for their RAPE & PILLAGE college "education" to some other use.
America will be better without credit and endless debt.
Let the national health crises be remedied by liquidating Wall Street. Americans' health is more important than 100,000 Wall Street bankers' acquisition of a 3rd, 4th or 10th car and/or a second, third or fifth house. Liquidate Wall Street to pay for Main Street. These elites on Wall Street do NOT own the wealth of America. YOU do. It's YOUR wealth. YOU worked for it. YOU pay for your living with real MONEY, not FIAT money created by accounting tricks. Why should you pay debt service on money created out of thin air and lent to you as CREDIT?
Don't let your congressman off the hook. If s/he votes to bail out Wall Street, make it clear his or her voting days are numbered.
Never bail out Wall Street; they have never offered to bail YOU out! They just take your houses, cars and life as collateral to unjustly enrich their lives -- while they allow you to sink into oblivion.
To hell with more Wall Street, Federal Reserve-infested bankers. To hell with the additional CREDIT they are begging you to take on and thus be saddled with additional DEBT. Take a stand now. Kill the CREDIT monster or it will kill YOU and YOUR America.
29 September 2008
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Don't forget to click on the below link to watch FIAT EMPIRE - Why the Federal Reserve Violates the U.S. Constitution so you will have a better understanding of what fuels many problems under study by the Jaeger Research Institute.
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