Tuesday, March 10, 2009

Creating nothing from nothing!

Fractional Banking is nothing more than a Ponzi Scheme!

In fractional banking, what do you get when you create nothing from nothing?
Billions of dollars in profits for the National/International banking interests and
trillions of dollars in losses for the tax payers. The losses in the housing market is one of
the latest excuses that the Ponzi Schemers are using for the current failing economy!

The Economy Balloon:

The economy balloon is filled with false assets created by fractional banking.
Before the balloon bursts, the financial interests sell their inflated stock at a previous
set cap. The same stock they bought for pennies during a previous economic downturn.
Once the balloon is full and ready to burst, the Financial interests skim the profits
from the top. After the balloon has been opened the invented assets begin disappearing
and the average investors lose billions of dollars. Soon that balloon is empty; but the
original depositors money is guaranteed by the tax payers. The profits that were skimmed
are sent overseas to secret bank accounts. Eventually the stocks go down and are
worth only pennies again. The financial interest then goes to the government for a
bailout, in which they use to buy up the cheap stocks and to buy out their competitors!
(They will never use their own money).

Suddenly, the economy begins to go up, depositors start putting money into their
savings accounts and fractional banking kicks back in creating assets out of thin air.
And the process for the Ponzi Schemers begins again to reap huge profits at the
tax payers expense. You can't go to the government because; in my opinion, their
part of this scheme!

In that the Congressional feeding trough is empty where does the bailout money
come from? Why it's borrowed from the same financial interests that have already
ripped off the tax payers. Putting this nation farther and farther in debt. thus, the
financial interest will collect billions of dollars through interest on the National Debt!

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