Jim Untershine, GZS of MS, 02.08.09
The problem with the current economy in America is deeply concerning the rest of the world. Summits and meetings are being held and attended by dignitaries from many powerful countries in an attempt to understand the problem with America and discuss how they can help to fix it. Many foreign countries have a deeply vested interest in the fate of the U.S. dollar, after they were forced to trade their valuable exports for this failing monetary unit of exchange. Not everyone wonders how the US dollar has lost its glamour as the 'reserve currency of choice' in the global marketplace, especially the central bankers and the financial power brokers of the world who manipulate every market they can. The American currency has been completely debased by International bankers who are disguised as the Federal Reserve.
Hope springs eternal with the rumor that President Obama's representative (Valerie Jarrett) told Vladimir Putin of Russia at the Davos World Economic Summit, that the U.S. is ready to 'End the FED' . Evidently this inclination was too provocative to mention during the presidential debates, and would have allowed the media to compare Barack Obama to Ron Paul. If the rumor holds water and the Obama administration stops the FED's reign of terror on the American middle class, are we to expect a return to the Constitution allowing States to coin their own currency and citizens to stop paying taxes on their wages? Or is America finally going to see the North American Union trotted out in the light of day and be forced to buy the new secret currency called the Amero? With the Council on Foreign Relations in control of another Vice President (Joe Biden) and another Secretary of State (Hillary Clinton), it doesn't bode well for the U.S. Constitution.
The recent economic business cycle that started with the boom of babies in America will end with the bust of their offspring. To insure the preservation, protection, and prosperity of our children - parents have a moral obligation to teach them the dirty little secrets of central bankers that has finally been revealed to so many who wanted to know. The exclusive right of foreign bankers to counterfeit our money and loan it at interest is the sole reason for the $10 trillion national debt that our children are expected to repay. Fractional Reserve Banking allows prime banks to loan out fictitious money if they actually have a small percentage of the loan on deposit. Although the banker's bible (Modern Money Mechanics) mentions 10% of the loan must actually exist, others (Jonathon May) have put the reserve threshold at 5%. Nobody else can write a check to buy a house for $200,000 if they only had $20,000 saved (or $10,000 if 5% is required).
Fractional Reserve Banking is a fraudulent practice and it has been allowed to exist for generations. Mortgage loans, car loans, and credit card loans have been the weapons of mass destruction used on this country's economy. When the truth of this fraud finally sinks in to so many American homeowners, staring into the face of foreclosure, you may see them calculating how much was paid to the bank regarding their mortgage and finding that the bank actually owes them a refund. If a homeowner paid 10% of the original loan back to the bank, then the only consideration put up by the bank has been completely repaid. The poetic justice in all of this is that most of these fictitious loans have been sold back to the prime banks, which they feel gives them the right to foreclose on the properties in question. When all homeowners act together to quash these home loans, the prime banks who created this mess now owns it. The same holds true for car loans and credit card debt - If you repaid 10% of the original loan, then the loan is repaid.
As a Family Law reform activist, I have engaged in researching how 'taxpayer money' is being spent to fund the Divorce industry, the Child Support Enforcement industry, the Domestic Violence industry, and the Foster Care industry. President Obama has mentioned that his administration intends on taking a close look at how 'taxpayer money' is spent in this country. Ronald Reagan already took a close look and according to the Grace Commission, every penny collected as taxes on wages is distributed to foreign bankers as interest on the national debt. 'Taxpayer money' is used as the reserve to loan our government money every year to pay for big government programs and Family Law industries that have destroyed so many middle class families in America. Paying taxes on our wages is actually destroying our economy by debasing our currency and depreciating our savings. How much money have taxpayers spent since the inception of the Federal Reserve? If it amounts to $1 trillion, then they can kiss our ass and we'll call it even.
On top of all this financial lunacy targeting taxpayers in general, you have the most insidious scheme ever devised targeting taxpaying parents who are forced to pay a fictitious and arbitrarily outrageous debt to a State agency because the Family Court took their children away. The debt that is laid at the doorstep of breadwinning parents defies all financial standards - there is absolutely no consideration given to the debtor and any money that is paid for goods or services is not required to reach the children it was intended to support. What would people think if all the money collected for child support was deposited in a prime bank by the State agency and used as the reserve to loan the State distribution checks to families? The fact that Fractional Reserve Banking would allow that scenario to be possible is just as bad as finding out it was actually happening. Are we to expect our children to repay the loans to our government that funded the destruction of their own family?
The American 'force majeure' that is weighing so heavy on everyone's mind is only an illusion. The monopoly game is over in America and our kids will know who was cheating. Put all the money back in the box, wipe the slate clean, and cheaters can't play anymore. A nation is judged by how they treat their families, a family is judged by how they treat their children, and our children will judge us all.
"In our opinion, we must first atone for the past and open our cards, so to speak. This means we must assess the real situation and write off all hopeless debts and 'bad' assets. True, this will be an extremely painful and unpleasant process. Far from everyone can accept such measures, fearing for their capitalization, bonuses or reputation. However, we would “conserve” and prolong the crisis, unless we clean up our balance sheets." (Vladimir Putin)
Jim Untershine, Vancleave, MS 39565, gndzerosrv@pavenet.net, www.gndzerosrv.com
Jim Untershine holds a BSEE from Mississippi State University and has 13 years experience in feedback control system design. Mr. Untershine is currently using the teachings of Werner Heisenberg and Henry David Thoreau to expose Family Law as the exploitation of children for money and the indentured servitude of heterosexual taxpayers who dare to raise children in this country.
