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Banks & Banksters (II)
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★ Banks & Banksters (II)

Banks & Banksters (II): see Banks & Banksters I & Banks & Banksters III & Wall Street & Credit & Federal Reserve & Gold & Money & Currency & Business & Finance & Economics & Capitalism & Stocks & Profit & Fraud & Crime & Gangstas & GBH Films & Lend & Borrow & Investment & Mortgage & Property & Possessions & Prosperity & Risk & System & Trade

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41,628.  Right after the civil war there was considerable talk about reviving Lincoln’s brief experiment with the constitutional money system.  Had not the European money-trust intervened, it would have no doubt become an established institution.  (Money & United States of America & Banksters & Federal Reserve)  W Cleon Skousen   

 

 

41,631.  Now we are able to dominate the bank reserves of the entire country.  (Money & Banksters & Federal Reserve)  Nelson Aldrich

 

 

41,632.  My agency in promoting the passage of the National Banking Act was the greatest financial mistake in my life.  It has built up a monopoly which affects every interest in the country.  (Money & Banksters & Federal Reserve)  Salmon P Chase

 

 

41,633.  Then we have an independent uncontrolled and uncoordinated government in the Federal Reserve System operating the money powers which are reserved to Congress by the Constitution.  (Money & Banksters & Federal Reserve)  Wright Patman

 

 

41,636.  They were the men interested in the establishment of the gold standard money system and right of the bankers to manage the currency and credit of every nation in the world.  (Money & Banksters & Federal Reserve & Currency & Credit)  G G McGeer

 

 

41,650.  Most of what we call money are bank accounts.  (Money & Banksters)  The Money Fix

 

41,651.  Banks issue more bank account money than they have cash reserves.  (Money & Banksters)  ibid.

 

41,655.  The private banking system literally makes money out of nothing.  (Money & Banksters & Federal Reserve)  ibid.

 

41,657.  Where does the interest come from?  (Money & Debt & Banksters)  ibid.

 

41,658.  There’s more owed to banks than is in circulation.  (Money & Debt & Banksters)  ibid.

 

41,659.  Someone will always have to go bankrupt.  (Money & Debt & Banksters)  ibid.

 

41,662.  ‘They are systematically crushed.’  (Money & Banksters & Debt)  ibid.  male interviewee

 

 

41,666.  When you suggest to people that their money should be gold or silver coin as it says in the constitution, they sometimes stare at you with a blank expression.  (Money & Banksters & Federal Reserve)  James Jaeger, Fiat Empire: Why the Federal Reserve Violates the US Constitution

 

41,667.  Why does the Constitution clearly state, Article 1: The Congress shall have power to coin money?  (Money & Banksters & Federal Reserve)  ibid.

 

41,668.  If there were no Federal Reserve, there may have been no need for an income tax.  (Money & Banksters & Federal Reserve & Tax)  ibid.

 

41,669.  The Mandrake Mechanism ... created out of thin air.  (Money & Banksters & Federal Reserve)  ibid.

 

41,670. Banks ... transfers wealth from society to the creators of money.  (Money & Banksters & Federal Reserve & Wealth)  ibid.

 

41,671.  This nefarious cartel of tyrants is in a position to literally gain control over the assets of the world.  (Money & Banksters & Federal Reserve)  ibid.

 

41,672.  Why would major corporations ... fail to report on the detrimental activities of the Federal Reserve system?  (Money & Banksters & Federal Reserve & Corporations)  ibid.

 

 

41,682.  Wall Street banks started by selling good quality loans to raise money and then looked at what else would be sold.  (Money & Finance & Rich & Greed & Banksters & Wall Street)  Robert Peston, Super Rich: The Greed Game

 

41,683.  There was a torrent of cash for sub-prime loans thanks to a banking breakthrough called Structured Finance.  (Money & Finance & Rich & Greed & Banksters & Wall Street)  ibid.

 

41,684.  Most of the world’s big banks ... were stampeding to make profits by turning risky sub-prime loans into supposedly high quality investments.  (Money & Finance & Rich & Greed & Banksters & Wall Street)  ibid.

 

41,685.  More of the borrowers defaulted than they expected.  (Money & Finance & Rich & Greed & Banksters & Wall Street)  ibid.

 

41,686.  Northern Rock went to the brink of insolvency because its business was dependent on raising money by selling its mortgages to international lenders.  (Money & Finance & Rich & Greed & Banksters & Wall Street)  ibid.

 

 

41,886.  I investigate how globalisation went badly wrong.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Globalisation & Wall Street)  Robert Peston, The Party’s Over: How the West Went Bust I BBC 2011

 

41,887.  Our long boom was founded on a dangerous lie.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  ibid.

 

41,888.  Big Bang allowed big international banks to buy up stock.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)   ibid.

 

41,889.  The gap between the very richest and the very poorest widened at a pace we hadn’t seen since the Victorian era.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  ibid.

 

41,890.  The financial revolution spawned a debt revolution.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  ibid.  

 

41,891.  The Chinese consume half as much as we do relative to the size of their economy.  They save much much more.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & China & Wall Street)   ibid.

 

41,892.  Western banks borrowed recklessly to lend to us.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  ibid.

 

41,893.  The endebtedness of governments exploded.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  ibid.

 

41,894.  The crash of 2008 began to topple an unbalanced global economic system.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  ibid.

 

41,895.  Regulators failed to stem reckless lending by banks, and central bankers kept interest rates far too low.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  ibid.

 

41,896.  There can be no return to debt-fuelled capitalism in the West.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  ibid.

 

 

41,897.  How in Britain are we going to pay our way in this challenging new world?  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  Robert Peston, The Party’s Over: How the West Went Bust II BBC 2011

 

41,898.  Is twenty-first century austerity a journey back into our past?  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  ibid.

 

41,899.  Our personal debts remain dangerously large.  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  ibid.

 

41,900.  Has financial services become too big?  (Money & Banksters & Federal Reserve & Economics & Debt & Finance & Wall Street)  ibid.

 

 

41,741.  Tim Woodman ... joined the ranks of those unemployed in the depression of the 1890s, a victim of the unwillingness of the eastern gold bugs to countenance an increase in the stock of money through the addition of silver.  (Money & Banksters & Federal Reserve & Debt & Economics & Gold & Silver)  Hugh Rockoff, The Wizard of Oz as a Monetary Allegory

 

41,742.  Baum is following history in suggesting that the movement was started first by the western farmers, was joined ... by the working man, and then, once it was well under way, was joined by Bryan.  The roaring lion is a good choice for one of the greatest American orators.   (Money & Banksters & Federal Reserve & Debt & Economics & Gold & Silver)  ibid.

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