Darius Guppy: our world balances on a sea of debt

[Andrew.]

http://www.telegraph.co.uk/comment/personal-view/7273332/Darius-Guppy- our-world-balances-on-a-sea-of-debt.html

Good post by
'Paul in Bristol'
on February 22, 2010
at 06:25 AM
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''Like the other posters here, I am amazed the Telegraph have published this article about the biggest scam of all time which btw is spot on! (ie. Create money out of thin air and then charge interest!) The truth at last.

All the talk about 'bailouts' is just a facet of the scam and will saddle everyone with 'debt' for generations to come!

The Banks do not need 'recapitalising' to make new loans as they 'create' the loans from nothing anyway!

Ask yourself for example, how can a Bank suffer a loss on an unpaid mortgage, when the they did not have the money to lend in the first place? (ie. The loan was created out of thin air.) So why would the Government need to bailout the Bank for their 'loss?' What loss?!! Incidentally and in reality, the multiple is FAR greater than Darius states at 10x as in reality this can (and is) usually more like 100x hence why with a VERY small downturn the Banks are 'technically' in a problem.

99% of frontline Bank staff do not know how the scam works. 30 minutes on YouTube will change your life!

DO IT NOW!
Truth is the politicians cannot reveal the truth because they are owned by the Bankers who have their own agenda.

The so called 'experts' scribble away in the newspapers etc to keep the system going and 99% of what they tell you is BS! ''

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Bill Still

Excellent article. At last someone in the mainstream press who understands the problem deeply. Remember: it's not what backs the money that's important; it's who controls its QUANTITY. Will it be your banker, over whom you have no control, or will it be your politician over whom you have some control. It's nothing less that a question of a return to serfdom vs freedom. This is concisely laid out in the new film "The Secret of Oz."
Bill Still
on February 23, 2010
at 06:14 AM
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And others from Bill's forum ( I dont know if 'Paul from Bristol' is but I know some of the other posters from Bill's forum)

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http://z6.invisionfree.com/Bill_Still_Reforum/index.php?s=dd6c871011e2 61e3011fc7a52916f52e&showtopic=230


Bill wrote:
'This excellent article just appeared in the "Telegraph" on Sunday, Feb. 21, 2010:'

http://www.telegraph.co.uk/comment/persona...ea-of-debt.html


http://www.radio4all.net/files/turntableterrorist@hotmail.com/4042-1-d ialect_270210.mp3