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I suggest that we need to develop and build free-energy devices as a matter of urgency. This is because we may have only a limited amount of time before the assets of our present civilization become no longer available to us. We have a number of problems facing us and a quick assessment suggests that there is no way around these problems for most of us. Let me stress that what follows should be considered to be a personal opinion and no proof or evidence whatsoever will be presented so please feel free to ignore it all without a moment’s hesitation. This subject attracts the most bizarre weirdoes and some incredibly outlandish theories, very few of which are likely to have the slightest basis in fact, so we need to stick with details which have some scientific, measurable basis, and avoid many of the weird ideas being put forward (typically by people who are selling books and DVDs on the subject).
When we are very young we believe that our personal world is completely safe and protected by our parents. When we grow up we discover that that impression was never actually correct. However, we now understand how the world works and we feel secure because we know that no matter what happens to us personally, the world rolls on unchanging, day after day, always the same. If we are lucky and live to become older again, we get to realise that the only certain and unchanging thing about the world is change. If we go back to a place which we knew well thirty years ago, we discover that it has changed so much that we have difficulty in recognising it. If we pay attention to what goes on around us, then we discover that the universe, while being visually magnificent, is a savage and devastatingly destructive place and our secure little place on this planet is actually only habitable because of protecting layers around the planet - the Van Allen radiation belt, the ozone layer, the atmosphere and the magnetic field which deflects most of the harmful emissions from the sun around to the poles. But then, those protecting factors will always be there - won’t they? Well.... will they? The time has come to mature to another stage of awareness and realise that we have been living on borrowed time and that time is about to end. We now face several serious problems, and if you feel that “ignorance is bliss”, then stop reading this and go and watch one of those wonderful TV programmes based on the assumption that you will find it amusing to watch people falling down and hurting themselves. 1. Unfortunately, there is a large 'planet' which may well be a very massive 'brown dwarf' star orbiting around our sun. It's orbit is inclined to the plane of the other planets in our system and it orbits once every 3,600 years or so, orbiting in the opposite direction to our main planets. It is probable that this planet originated outside our solar system and came in from outer space, collided with a planet, causing the asteroid belt, and the impact altered the motion of the planet, causing it to start orbiting around our Sun. The orbit is nothing whatsoever like the orbits of our main planets which are all in the one plane and are nearly circular. Instead, this orbit is a highly elongated ellipse, inclined at about thirty degrees to the plane of the other planets, and in addition to that, it is orbiting in the opposite direction to the other planets. This planet goes by several different names, but for convenience, I will just use one - “Nibiru”. Nibiru gives us further problems in that it’s orbit will get changed every time it goes past, due to the gravitational effects of our other planets. This makes it very difficult to predict it’s exact orbit on the next passage. Nibiru has orbited many, many times and we are still here, so, short of a direct impact with the Earth, it is unlikely that mankind will get totally wiped out by Nibiru in the near future. That is not to say that it has not already caused us serious problems. Three or four orbits ago, Nibiru came past and happened to line up with several of the other planets. The combined gravitational attraction of this grouping caused the water in the oceans to bulge upwards, leaving parts of the seabed visible and inundating major land masses. This “flood” is recorded in a vast number of ancient records, including the Bible which states that the flood covered the land for a period of five months and took a further three months to go down to near normal levels. I sincerely hope that this does not happen again when Nibiru passes this time, as Noah was a farmer, both low-tech and self-sufficient, while nowadays, large numbers of people are high-tech ‘consumers’ who are quite incapable of supporting themselves in a low-tech world with no fossil fuels, no telephones, no internet, no tap water, no shops, no electricity, no industry, no paid jobs, etc. We have a wholly unwarranted inclination to dismiss old records as “myths” but we should realise that these old records are frequently based on actual happenings and are not works of fiction. The massive flood of Noah’s time is shown in the records of literally dozens of different cultures most of which will not have been in any kind of contact with each other in those days. At this time (late in 2008), Nibiru has already passed Pluto and is orbiting around the Sun and will approach the Earth, coming up underneath the Sun in the year 2012. Unfortunately, other long-term events will also happen in 2012 and it is possible that these events may affect each other - but more of that later. A very rough not-to-scale diagram of the present situation is:  It is believed that the approach of Nibiru is causing the global warming which is being seen on the various planets in the solar system. On Earth, it is being argued that man made carbon dioxide emissions, especially from vehicles, is the cause of global warming. While it is an excellent goal to reduce emissions and improve air quality, man-made carbon dioxide has nothing to do with global warming. The combined emissions of all 800,000,000 vehicles on the roads of the world accounts for about 1.7% of the carbon dioxide entering the atmosphere. The film “An Inconvenient Truth” points out the correlation between global temperature and carbon dioxide concentrations in the atmosphere. The historical record shows an undeniable correlation, but the film omits to point out that the carbon dioxide concentration follows the global temperature lagging behind it by some six hundred years. That is too vague a link anyway as carbon dioxide creation and absorption are affected by many other factors. However, it seems almost certain that our Sun is being affected by Nibiru at this time. It appears that Nibiru has a mass of four or five times that of the Earth and it may have as many as five planets of its own, orbiting around it. This, of course, makes the prediction of the gravitational situation when it passes Earth on its loop back out into deep space, extremely difficult, especially since the gravitation of the Sun’s other planets will affect the orbit of both Nibiru and it’s planets between now and 2012. In that period, the Earth will orbit the Sun three or four times. To be able to predict the orbit of Nibiru, many measurements would need to be made between now and 2012. It is interesting to note that two underground grain repositories have already been set up and stocked, their stated aim being to be a reserve against any form of natural disaster, to allow these grains to be grown again after the disaster. Does that seem to you to be anything like what was done in Noah’s time? There is a certain amount of confusion as NASA has detected another small body outside the orbit of Neptune and they have named it “Eris”. That body is not a problem but the coincidence of the discovery is causing some minor confusion. Eris is small, while Nibiru or “Planet X” is very big. A NASA press release in 1992 states “Unexplained deviations in the orbits of Uranus and Neptune point to a large outer solar system body of 4 to 8 Earth masses, on a highly tilted orbit, beyond 7 billion miles from the Sun”. That is Nibiru and not Eris. The effects caused by Nibiru passing by are not what you would expect. It creates increased heat an volcano activity in the nearby planets and the same sort of effects in our Sun. Solar system planets are already showing these effects and on Earth a strange situation is occurring. Increased volcanic action near the North pole is causing unusually large ice melting and global warming in the northern hemisphere, while increased precipitation in the southern hemisphere is causing lower than normal temperatures and global cooling. These effects are temporary as things will get a lot worse when Nibiru orbits back towards us. Then, the volcanic action will become severe, probably triggering the Yellowstone Park super-volcano and Sun flares will become so severe that the ozone layer and Van Allen radiation belt will be destroyed, removing the essential protection which they provide for life on Earth. A major proportion of sea life in the upper ocean layers will be destroyed, all green land vegetation and a third of all trees. This charming situation is very likely to be followed by a severe nuclear winter spanning some years and due to the dust in the upper atmosphere, it is likely that there will be no sunlight reaching the surface of the Earth. However, volcanic activity is the greatest source of carbon dioxide in the Earth's atmosphere, so that might actually offset much of the cold. In passing, the “global warming caused by human activity” has no basis in reality and is just part of a scam to siphon off billions in taxpayer money. This is a transcript of the web video from ‘childofgod33’ here.
How does NASA know about Nibiru? Well, like any government agency, NASA spent US tax dollars to find it. It’s not just US tax dollars as European tax payers are footing the bill too and JAXA (Japan) has been spending lots of money - an estimated six billion spent since 2003. ESA (Europe) and CNES (France) have been spending money like a drunken sailor on leave. A good detective follows the money. In the early 1990’s, NASA, ESA, CNES and JAXA started creating a new fleet of space-based solar observatories.  The interaction between our Sun and a massive object approaching it could present us with one of the greatest threats EVER. Earth has experienced violent storms, quakes, floods, etc. and a Solar alignment flare could reach the Earth in less than 18 hours.  Launched on 2nd December 1995, the Solar and Heliospheric Observatory (SOHO) from ESA has provided a never before seen view of the Sun.  New funding has extended it’s mission up to December 2009. In August 2006 NASA launched it’s Solar Terrestrial Relations Observatory “STEREO” spacecraft into orbit around the Sun.  In October 2006, NASA, ESA and JAXA, launched Solar-B (Hinode)  Pointed directly at Nibiru. Solar scientists have observed that magnetic features in the solar photosphere are changing. Did I mention that the orbit of Nibiru has it coming up behind the Sun?  NASA launched Proba-1 in October 2001 and the European Space Agency hopes to launch Proba-2 in the spring of 2008. By the way, ESA spent 2.9 billion Euros in 2007 alone and that is US $4 billion at the current rate of exchange.  Some satellites have secret laser capabilities along with their known telecommunication abilities.  ESA is sending up Proba-2 as soon as possible and it has secret items aboard. NASA has the Solar Dynamics Observatory “SDO” scheduled for launch in August 2008.  More probes and telescopes pointed away from Earth. In August 2003, NASA launched the Spitzer Space Telescope.  Spitzer is the largest infrared telescope ever launched into space. NASA sent up the Hubble Space Telescope which was due to quit in 2007, but now it has been retro-fitted to continue to work until 2013 and all live feed from it is scrambled.  NASA has a space mission planned for 28th August 2008 to “service” the Hubble with secret hardware and software, plus special heat shields. The cost of the trip is US $1.16 trillion, the Hubble repair cost about US $900 million.  Hubble will take images of Nibiru as it comes closer. Not to be outdone, Japan joined in the fun. JAXA launched ASTRO-F, aka AKARI, aka IRIS, InfraRed Imaging Surveyor.  This is the second space mission for infrared astronomy in Japan as a joint venture with the UK, the US and the Netherlands. This is the Herschel Space Observatory:  The ESA plans to launch the Herschel Space Observatory in October 2008. NASA has for their own use, the Sophia Observatory Project:   These telescopes have been pointed at the heavens since their launch. In February 2007, NASA installed the South Pole Telescope “SPT” in Antarctica:  The South Pole Telescope is a secret project to study the “dark forces”. Not to be outdone, France announced the Concordia Observatory located in Antarctica, opened in 2005 and seeking Nibiru.  ESA launched CNES: COROT in December 2006, to search for habitable planets:  NASA’s Wide-Field Infrared Survey explorer has got approval for it’s construction and it is due for launch in 2009:  The powers that watch for this sort of thing are watching closely, but silently. The reason why all these satellites have very distinctive infrared technologies is very important. Because of the dwarf star heat signature the easiest way to track Nibiru is by watching it’s infra-red images. So, to recap: All of the Space Agencies of the World have spent billions of tax payer’s dollars to watch for the solar problems to increase because of a planetary body not formally known to our Astronomical bodies before the 1980’s. As this planetary body known as Nibiru, or Planet X, comes into our solar system to perturb our nearby planets and disturb our own Earth, we can anticipate this planet’s trajectory based on it’s current location compared to where it was previously. They know that it is coming. 2. The second problem which faces us is the orbit of our Solar System which it is said will cross the plane of our galaxy late in the year 2012. This is an event which takes place once every 25,800 years. At first glance, this would seem to be harmless, but that may well be an uninformed assessment. Every sun emits radiation, most of it seriously harmful. Most of the suns in our local galaxy are so far away that we get very little radiation from them, certainly a low enough level to get by. Unfortunately, the people who study these things say that there is very much intensified radiation along the plane of the galaxy and a concentrated gravitational field with so many astronomical bodies all lined up, and that when we cross that plane, then things will be different. Recently, astronomers were able to watch another solar system crossing the plane of the galaxy and see what happened to it, and in that case, there were massive solar flares. Observations of another solar system which did that recently, showed that their sun flared up and created major radiation. If that happens to our Sun, which seems distinctly possible, then the effect may well be devastating for life on earth and will most definitely take out all communications. It is interesting to note that the US is investigating non-electronic methods of communications. 3. We are overdue a planetary magnetic pole shift and nobody knows what effect that will have as we weren't around when it happened the last time. It is suggested that the shift will take place over a period of just eleven days and the magnetic poles have already started to shift in a way which is somewhat unusual 4. All of Yellowstone Park in the USA is one super-volcano and when it blows, ash and gas will kill all Americans on the west side of North America within twenty minutes. It will also create an upper atmosphere dust cloud which will cause darkness and winter for some years continuously. This is not a case of "if" but a case of "when" as it will definitely happen. In geological terms, it is 400 years overdue, so in theory, we need not worry as it could be another thousand years before it goes. A mainstream UK television documentary some years ago demonstrated how the Yellowstone ground is bulging upwards progressively. There is an unpublished report created for the US government which says that they believe that it will blow in the next five years, but it must be assumed that the conclusions of that report are a matter of opinion since, as far as I am aware, at this time there is no proven and reliable way of predicting an eruption of any kind. Best case: Nibiru passes without causing any really major problem, and, the Solar System crosses the plane of the galaxy with no significant effect, and, the magnetic pole shift does not take place or does take place with no major problems resulting from it, and, Yellowstone Park does not blow in our lifetime. Overall result: life continues as it is doing now. Worst case: Nibiru passing causes major sun flares and another flood which together kill a really major percentage of the world’s population. The stresses caused by Nibiru trigger the Yellowstone Park eruption, pushing large quantities of dust into the upper atmosphere, blanking out the Sun and causing a ‘nuclear’ winter which lasts for two or three years, possibly causing another ice age but probably offset by massive amounts of volcanic carbon dioxide emissions. Nobody can do anything to prevent these catastrophic things happening, no matter what level of technology we have. There is, of course, far more information on these things, not all of which will be reliable. If you want to follow up on it, you could try: video 1 video 2 video 3 video 4 video 5 video 6 video 7 video 8 video 9 It is possible that the earth's crust could slip round under the stress of a very close pass by Nibiru while the planet's core remains in position. There are detailed and accurate maps, many hundreds of years old, showing the coastline of Antarctica in great detail and interestingly, due to the very thick ice layer covering the land, we have only been able to confirm that coastline very recently with satellite images. This seems to lend some weight to the old legend of Atlantis, located near the Med, populated by a high-tech population, suddenly upset when the island moved position. It might be that there was a planetary crust shift which moved it to the present position of Antarctica, and inundated with an ice sheet. Not by any means certain, but there is usually some truth in old legends, and often a high degree of accuracy. The top people on earth have been aware of this problem for several decades. So far, they have established more than 130 deep underground bases of massive size and peopled them with people of their choice. Two underground grain repositories have been established quite openly and stocked with 2,000 varieties of grain. The reason stated is that they were set up to protect against 'any catastrophic earth event'. Many wealthy individuals have bought land in South America (and are probably digging in there). This secret operation has been going on for several decades, while running the window-dressing acts of the Moon landing and the Space Shuttle much lower-tech operations, while having much more effective technology. The US, UK, Canadian and USSR governments are definitely in on this combined operation. If you feel that all this is just too far-fetched to be real, then consider the description in the Bible of the ten “plagues” at the time of the Exodus of the people of Israel from slavery under the Egyptians. This story is told in other literature of the time as well, and the Egyptian documentation confirms the Bible record in all essential details as well as adding additional details. It is suggested, with a great deal of evidence, that these “plagues” were caused by a close fly-by of Nibiru or one of its satellites. The details as suggested in the book “Planet X Forecast and 2012 Survival Guide” by Jacco van der Worp, Marshall Masters and Janice Manning ISBN 1-59772-075-5. Plagues:
Do you feel that the plagues listed in the documentation of that time are just co-incidentally the same as would occur from a close fly-by? I don’t. The Human Angle: Unfortunately, as of the 29th October 2008, it has become clear that we will be lucky to reach 2012 unscathed as human factions are, quite deliberately, creating even bigger problems for us. Please assume the following to be wholly unsubstantiated and highly dubious opinions. There is a lot of ‘nut case’ statements on the internet, so please understand that I might well be one of those ‘nut cases’. However, I suggest that you consider and further research the following things: 1. There are a several powerful players on the world scene, who are at present engaged in a power struggle, based primarily around the USA. These include: a. The Russians b. The Chinese c. The Japanese d. Israel e. The illuminati f. The Rothschild faction g. The Rockefeller faction h. The US military “white hat” good-guys faction. i. (Possibly) many different extraterrestrial groups. 2. The present situation has become critical because the US, via the Rothschild’s Federal Reserve, have been printing US money without having real assets to give value to those ‘promissory note’ dollar bills and that has effectively bankrupted the US, which now owes trillions to Japan and China. When the US economy fails it is liable to destroy or damage the entire world economy. Mind you, the world economy is actually a scam intended to enslave the world as a whole, holding everybody in economic slavery imposed by corruption and violence. This is given in detail later on. Japan and China have offered the US three trillion in gold assets to keep everything going, but with the requirement that the US joins the EEC with 22 out of 90 votes, the US military coming under EEC control. Not surprisingly, the US did not accept that proposal. The US has just sent China 800 billion in ‘Amero’ currency, worth about 50 cents per Amero as they expect the US dollar to halve in value very soon, so this is supposed to be repayment of US $400 billion of their debt. The Amero is currency for a combined US-Canada-Mexico conglomeration, so where is that amalgamation coming from? Diplomacy? Invasion? Some cunning ploy? Try listening to the interview here The present manouver of having national governments using public money to take over the debts of banks around the world is just the first step in establishing a visible world government under the group of people who are called “The New World Order” and so it should not be seen as a way out of our problems, but instead, the start of even greater problems. 3. The Rockefeller faction has been collecting and suppressing high-tech patent applications for at least fifty years now. Vast sums have been siphoned off in ‘black ops’ projects and it is reliably reported that they are at least fifty years ahead of the technology seen publicly. They, and several other governments have had flying saucers for decades now. They also have equipment which can make a person hear what you say inside his head directly, without sound waves being used. With repeated use, this can control the actions of an individual. 4. The Rockefeller faction is allied with Israel and has already made two separate attempts to nuke Iran. The first attempt was foiled by the ‘white hat’ military in Iraq who refused to allow them to refuel the bombing aircraft. They then, very recently, tried to bypass that obstacle by refuelling in Georgia, but the Russians invaded very promptly, destroying the armed forces of Georgia and blocking the attack. This explains the seemingly incomprehensible sudden Russian attack on Georgia. 5. The Rockefeller faction want to reduce the world population by 90% as it would then be easier to control the remaining people. They are working solidly on this and have built more than a hundred concentration camps all over the USA. These camps can hold a million people and they are said to have 190,000 mercenaries on standby. Large crematoriums have been built and vast numbers of plastic containers made, each of which, it is alleged, is intended to be used as a temporary coffin holding the remains of three or four people prior to cremation. Recently, the ‘Feds’ bought up every last can of canned butter and every freeze-dried meal that they could lay their hands on, which suggests that they expect this situation to come about very soon. 6. George Bush has just been replaced. It is highly likely that every Presidential candidate is also NWO so that it does not really matter who supposedly wins the election. In October, economic pre-election stunts were carried out designed to manipulate and weaken various countries, pick up many assets at knock-down prices, boost oil revenues and then drop the oil price just ahead of the election. The main objective here was another step towards a world government based on economic ties more than anything else. 7. It is said that the Rockefeller faction has built more than a hundred and thirty bases deep underground in the US. The existence of some of the US bases has been confirmed by independent sources. It seems likely that these bases are to keep them out of harm’s way while violent activities take place. The US Congress has been assured in closed session, that there is shelter for them and their families when this activity starts. The Rockefeller faction believes that their raising of food and oil prices should already be sufficient to make one billion people die of starvation - the first step towards their goal of killing about five billion people and at this moment, 967,000,000 are faced with starvation. However, the number of bases was 131 in 1995 with an additional two per year being added, which would suggest that the present number is likely to be at least 145, each being two cubic miles on average and located at a depth of 5,000 feet down or more. Details of these have been given by Phil Schneider who was involved in the construction of thirteen of the interconnecting tunnels which are some twenty feet wide and twenty-eight feet tall. Every base is connected to every other base by these tunnels. The bases in Mexico and in Canada are not included in the count of 145. 8. Another weapon which is being used in this power struggle is the HAARP system based in Alaska. It is said, with considerable justification, that the Christmas tsunami, the China and Japan earthquakes were caused deliberately. There is absolutely no question that the hurricane which destroyed New Orleans was being steered by a one billion watt beam and that steering beam was looked for and detected by one of the EVGRAY forum members. Remember that “Weather Engineering” was specifically excluded from SALT -- the Strategic Arms Limitation Treaty. “Weather Engineering” is used as a weapon, and from the Rockefeller faction viewpoint, it also helps by killing large numbers of people. 9. I gather that China and Japan have made it clear that if Iran is nuked, then they will nuke Israel out of existence. Generally speaking, predicting what will happen in the next few days is not a simple matter by any means. There is a great deal of information on this subject and much of it is difficult to believe. If you want to research further, the try this website, and perhaps, pay some attention to the information at this website, although, as already mentioned, it is distinctly possible that much of the web-based information is not wholly reliable. While I do not agree with the conclusions reached in this video presentation, here are some of the relevant facts from that video: In a world where 1% of the population owns 40% of the planet’s wealth, in a world where 34,000 children die every single day through poverty and preventable diseases, and where 50% of the world’s population lives on less than US $2 per day, one thing is clear: something is very wrong. And whether we are aware of it or not, the lifeblood of all of our institutions, and therefore this society itself, is money. Therefore, understanding this institution of monetary policy is critical in understanding why our lives are the way that they are. Unfortunately, economics is often viewed with confusion and boredom. Endless streams of financial jargon coupled with intimidating mathematics, quickly deters people from attempts to understand it. However, the complexity associated with the financial system is a mere mask intended to conceal one of the most socially paralysing structures which man has ever endured.  A number of years ago, the Central Bank of the United States of America, “the Federal Reserve”, produced a document entitled “Modern Money Mechanics”. This publication detailed the institutionalised practice of money creation as utilised by the Federal Reserve and the web of global banks which it supports. On the opening page, the document states it’s objectives: “The purpose of this booklet is to describe the basic process of money creation in a ‘fractional reserve’ banking system”. It then proceeds to describe this practice through various banking practice terminologies. A translation of it goes something like this: The United States government decides it needs some money, so it calls up the Federal Reserve and requests, say, $10,000,000,000. The Fed replies saying “Sure, we will buy $10 billion in government Bonds from you”. So the government takes some pieces of paper, paints some official-looking designs on them and calls them “Treasury Bonds”. Then it puts a value on them of $10 billion and sends them over to the Feds. In turn, the people in the Fed draw up a series of impressive looking pieces of paper themselves, only, this time, calling them Federal Reserve notes, also designated with a value of $10 billion. The Feds then take these notes and trades them for the Treasury Bonds. Once this trade is complete, the government than takes the $10 billion in Federal Reserve notes and deposits them in a bank account, and on doing this, the $10 billion becomes legal tender money, adding $10 billion to the US money supply. And there it is: $10 billion in new money has been created. Of course, this example is a generalisation because in reality, this transaction would occur electronically, with no paper used at all. In fact, only 3% of the US money supply exists in physical currency and the other 97% exists in computers alone.  Now, Government Bonds are by design, instruments of debt, and when the Fed buys these bonds with money which essentially it created out of thin air, the government is actually undertaking to pay back that money to the Fed - in other words, the money was created out of debt. This mind-numbing paradox that money or value can be created out of debt or liability, will become more clear as we continue this exercise. So, the exchange has been made and $10 billion sits in a commercial banking account. Here, is where it gets really interesting, for as based on the fractional reserve practice, that $10 billion deposit instantly becomes part of that bank’s reserves, just as all deposits do. And as regarding the fractional reserve requirements, as stated in Modern Money Mechanics, a bank must maintain legally required reserves equal to a prescribed percentage of it’s deposits. It then quantifies this by stating “under current regulations, the reserve requirement against most transaction accounts is 10%”. This means that with the $10 billion deposit, 10% or $1 billion is held as the required reserve, while the other $9 billion is considered as an excessive reserve and can be used as the basis for new loans. Now it is logical to assume that this $9 billion is literally coming out of the original $10 billion deposit, however, this is actually not the case. What really happens is that the $9 billion is actually created out of thin air on top of the original $10 billion deposit. This is how the money supply is expanded, as stated in Modern Money Mechanics, “of course they (the banks) do not really pay out loans from the money they receive as deposits. If they did this, no additional money would be created. What they do when they make loans is to accept promissory notes in exchange for credits in the borrower’s transaction accounts”. In other words, the $9 billion is created out of nothing simply because they have a demand for that loan and there is a $10 billion deposit to satisfy the reserve requirements. Now, let’s assume that somebody walks into this bank and borrows the newly-available $9 billion, they will then most probably take that money and deposit into their own bank account. The process then repeats, as that deposit becomes part of that bank’s reserve, and while 10% is held as a reserve, the remaining 90% or $8.1 billion is now available for more newly created loans. And of course, that $8.1 billion can be lent out, creating a further $7.2 billion which in turn can create a further $6.56 billion, ... This money deposit/loan-creation cycle can technically go on to infinity. The average mathematical result is that $90 billion can be created on top of the original $10 billion. In other words, for every deposit that ever occurs in the banking system, nine times that amount can be created out of thin air. So, now that we understand how money is created by this fractional-reserve banking system, a logical, yet elusive, question might come to mind: “What is actually giving this newly traded money value?”. The answer: “the money which already exists”. The new money essentially steals value from the existing money supply. The total money pool is being expanded irrespective for the demand for goods and services, and as the demand and supply balance finds equilibrium, prices rise, diminishing the purchasing power of each individual dollar. This is generally referred to as Inflation and inflation is essentially a hidden tax on the public. The fractional-reserve banking system is inherently inflationary. One dollar in 1913 had the equivalent value of $21.60 in 2007. That is a 96% devaluation since the Federal Reserve came into existence. If this reality of perpetual and continuous inflation seems absurd and economically self-defeating, then hold that thought as “absurd” is an understatement with regard to how the US financial system really operates. For, in that financial system, money is debt, and debt is money. The more money there is, the more debt there is and the more debt there is, the more money there is. To put it a different way, every single dollar in your wallet is owed to somebody by somebody. Remember, the only way that money can come into existence is from loans, therefore is everyone in the country, including the government, were able to pay off all debts then there would not be one dollar in circulation. In September 1941, the Governor of the Federal Reserve stated: “If there were no debts in our money system, there wouldn’t be any money”. In fact, the last time in American history the National Debt was paid off in full was in 1835 when President Andrew Jackson shut down the Central Bank which preceded the Federal Reserve. He stated: “The bold efforts the present bank has made to control the Government ... are but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution or the establishment of another like it”. Unfortunately, this message was short-lived and the bankers installed another Central Bank in 1913, calling it the Federal Reserve, and as long as this institution exists, perpetual debt is guaranteed. We now have the added factor of Interest. Every single dollar which exists has to be repaid to a bank with interest added as well. But, if all money is borrowed from the Central Bank, and is expanded by commercial banks through loans, only what would be referred to as “the principal” is being created in the money supply. So, from where does the money needed to pay this interest come? Nowhere. It doesn’t exist. The ramification of this are staggering. The amount of money owed back to the banks will always exceed the amount of money in circulation. This is why inflation is a constant in the economy. New money is always needed to cover the perpetual deficit built in to the system, caused by the need to pay the interest. This ensures that defaults and bankruptcy are guaranteed to occur and there will be foreclosures. This always transfers true assets from the individual to the banks. If you are unable to pay your mortgage, then they will take your property. This is particularly annoying as the money which the bank lent you in the first place, didn’t even legally exist. In 1969, there was a Minnesota court case involving a man named Jerome Daly who was challenging the foreclosure of his home by the bank which provided the loan to purchase it. His argument was that the mortgage contract required both parties (he and the bank) to put up a legitimate form of property for the exchange. In legal language, this is called “consideration”. Mr Daly explained that the money was, in fact, not the property of the bank as it was created out of nothing as soon as the loan agreement was signed. Remember what Modern Money Mechanics stated about loans: “What they do when they make loans is to accept promissory notes in exchange for credits ... reserves are unchanged by the loan transactions, but the deposit credits constitute new additions to the total deposits of the banking system”. In other words, the money doesn’t come out of their existing assets, the bank is simply inventing it, putting up nothing of it’s own, except for a theoretical liability on paper. As the court case progressed, the bank’s President, Mr Morgan, took the stand and the judges memorandum records that the “Plaintiff admitted that it, in combination with the Federal Reserve Bank ... did create the entire $14,000 in money in credit upon it’s own books by bookkeeping entry ... the money and credit first came into existence when they created it. Mr Morgan admitted that no United States Law or Statute existed which gave him the right to do this. A lawful consideration must exist and must be tendered to support the Note” ... The jury found that there was no lawful consideration, and I agree, only God can create something of value out of nothing.” On this finding, the court rejected the bank’s application for foreclosure and Mr Daly kept his home.  The implications of this court decision are immense. Every time you borrow money from the bank, whether it is a mortgage loan or a credit card charge, the money given to you is not only counterfeit, but it is an illegitimate form of ‘consideration’ and hence voids the contract to repay as the bank never had the money as property to begin with. Unfortunately, such legal realisations are suppressed and ignored and perpetual wealth transfer and perpetual debt continues. This brings us to the ultimate question: “Why?” During the American Civil War, President Lincoln bypassed the high-interest loans offered by the European banks and decided to do what the Founding Fathers advocated, which was to create an independent and inherently debt-free currency. It was called the “greenback”. Shortly after this measure was taken, a private document circulated between British and American banking interests stated “... slavery is but the owning of labour and carries with it the care of the labourers, while the European plan ... is that capital shall control labour by controlling wages. This can be done by controlling the money. It will not do to allow the greenback as we cannot control that”. - The Hazard Circular, July 1862. The fractional reserve policy perpetrated by the Federal Reserve which has spread in practice to the great majority of banks in the world, is, in fact, a system of modern slavery. Think about it: money is created out of debt. What do people do when they earn debt? They submit to employment to pay it off. But if money can only be created out of loans, how can society ever be debt-free? It can’t, and that’s the point. And it is the fear of losing assets coupled with the struggle to keep up with the perpetual debt and inflation in the system, compounded by the inescapable scarcity in the money supply itself, created by the interest which can never be repaid, that keeps the wage slave in line, powering the pyramid which only benefits the elite at the top of the pyramid. At the end of the day, for whom are you really working? The banks. Money is created in a bank and inevitably ends up in a bank. They are the true masters along with the corporations and governments which they support. Physical slavery requires people to be housed and fed, economic slavery requires people to house and feed themselves. It is one of the most ingenious scams for social manipulation ever invented, and at it’s core, it is an invisible war waged against the population. Debt is the weapon used to conquer and enslave societies and interest is its prime ammunition. As the majority walks around, oblivious to this reality, banks in collusion with governments and corporations continue to expand and perfect their tactics of economic warfare, spawning new bases such as the World Bank and the International Monetary Fund and introducing a new kind of soldier - the economic hitman.
Here is the testimony of one of those economic hitmen, John Perkins:  We, the economic hitmen, are the ones really responsible for creating the first really global empire, and we work many different ways. Perhaps the most common is that we will identify a country which has resources which our corporations covet, such as oil, and then arrange a huge loan to that country from the World Bank or one of it’s sister organisations. But the money never actually goes to the country, instead, it goes to our big construction corporations to build infrastructure projects in that country, like industrial power plants, things which benefit a few rich people in that country (in addition to our corporations), but really don’t help the people involved, however those people and the whole country are left holding a huge debt so big that they can’t repay it, which is the whole plan - that they can’t repay it. So we economic hitmen go back to them and say “listen, you owe us a lot of money, you can’t repay it, so sell your oil real cheap to our oil companies, allow us to build a military base in your country or send troops to some place in the world to support our troops in somewhere like Iraq, or vote with us in the UN to have their electric utility company privatised, or their sewage system privatised and sold to US corporations or other multinational corporations, so there is a whole mushrooming thing and it’s the way that the World Bank and the International Monetary Fund operate to put a whole country in debt with such a big debt that it can’t pay it, so you then offer to refinance that debt and get them to pay even more interest and you demand this ‘quid pro quo’ or ‘conditionality’ or ‘good governance’ which means basically that they have to sell off their resources, including their social services and utility companies, their school systems sometimes, their penal systems, their insurance systems to foreign corporations. So, it’s a double, triple, quadruple whammy. Examples:  Iran 1953: The precedent for economic hitmen began back in the early 1950s when the democratically elected President of Iran, Dr Mohammad Mossadegh, was considered to be a hope for democracy - Time Magazine’s Man of the Year. One of the policies which he ran on was the idea that the oil companies needed to pay the Iranian people a lot more for the oil which they were taking out of Iran. We didn’t like that, of course, but we were afraid to do what we would normally do, which is to send in the military. Instead, we sent in one CIA agent, a relative of President Roosevelt. He went in with a few million dollars and was very efficient and effective and in a short amount of time he managed to get Mossadegh overthrown and brought in the Shah of Iran to replace him. It was extremely effective. So back here in the United States, people in Washington looked around and said “wow - that was easy and cheap !” So this established the whole new way of manipulating countries and creating empire. The only problem with Roosevelt was that he was a card-carrying CIA agent and if he had been caught, the ramifications would have been pretty serious. So, very quickly at that point a decision was made to use private ‘consultants’, to channel the money through the World Bank, the IMF or one of the other such agencies, bring in people like me who worked for private companies, so that if we got caught, there would be no government ramifications.  Guatemala 1954: When Arbenz (Jacobo Arbenz Guzman) became President of Guatemala, the country was very much under the thumb of the United Fruit Company, the big international corporation and Guzman ran under the strategy of giving the land back to the people. When he was elected he started implementing those policies of giving the land back to the people. United Fruit didn’t like that so much, so they hired a Public Relations company in the United States mounted a huge campaign to convince the people of the US, the press of the US and the Congress of the US that Arbenz was a Soviet puppet and if we allowed him to stay in power the Soviets would have a foothold in this hemisphere, which, at that time, was a huge fear on everybody’s minds, so to make a long story short, out of this public relations campaign came a commitment on the part of the CIA and the military to take this man out, and in fact, we did. We sent in planes, we sent in soldiers, we sent in jackals, we sent in everything to take him out, and we did take him out. And as soon as he was removed, his successor reinstated the links to the big corporations including United Fruit.  Ecuador 1981: Ecuador for many, many years was ruled by pro-US dictators, often relatively brutal. Then it was decided that they were going to have a truly democratic election Jaime Roldos (Aguilera) ran for office and his main goal, he said, as President was to make sure that Ecuador’s resources were used to help the people. And he won, overwhelmingly, by more votes than anyone has ever won anything in Ecuador and he began to implement these policies to make sure that the profits from oil went to help the people. Well, we didn’t like that in the United States. I was sent down as one of several economic hitmen to change Roldos, to corrupt him, to bring him around, to let him know “you know, you and your family can get very rich if you play our game but if you but if you continue to try and keep these policies you promised, then you are going to go”. He wouldn’t listen. He was assassinated “Ecuadorian Leader Dies in Plane Crash”. As soon as the plane crashed, the whole area was cordoned off. The only people allowed in were the US military from a nearby base and some of the Ecuadorian military. When an investigation was launched, two of the key witnesses died in car accidents before they had a chance to testify. A lot of very, very strange things went on around the assassination of Roldos. I, like most of the people who really looked at this case had absolutely no doubt that it was an assassination and of course, in my position of an economic hitman, I was expecting something to happen to Jaime, whether a coup or an assassination I was sure that he would be taken down as he was not being corrupted, he would not allow himself to be corrupted the way we wanted to corrupt him.  Panama 1981: Omar Tarrijas President of Panama was one of my favourite people. I really, really liked him, he was very charismatic and he really wanted to help his country. When I tried to bribe him, to corrupt him, he said “look, John, he called me Juanita, look Juanita, you know, I don’t need the money, what I really need is for my country to be treated fairly. I need the United States to replay the debts which you owe my people for all the destruction you have done here. I need to be in a position to help other Latin American countries with their independence and be free of this terrible presence from the North. You people are exploiting us so badly. I need to have the Panama Canal back in the hands of the Panamanian people. That’s what I want. So leave me alone, don’t try to bribe me”. It was in 1981 and in May Jaime Roldos was assassinated and Omar was very aware of this. He got his family together and said “I’m probably next, but it is ok because I’ve done what I came here to do, I’ve renegotiated the Canal, the Canal will now be in our hands”. He had been renegotiating the treaty with Jimmy Carter:  In June of that same year, just a couple of months later, he also went down in an aeroplane crash which there is no question was executed by CIA jackals. There is a tremendous amount of evidence, one of Tarrijas’ security guards handed him, at the last moment as he was getting on the plane, a small tape recorder which contained a bomb.  Venezuela 2002: It is interesting to me how this system has continued pretty much the same way for years and years and years except the economic hitmen get better and better and better. Then we come up with, very recently, what happened in Venezuela in 1998 when (Hugo Rafael) Chavez gets elected, following a long line of Presidents who were very corrupt and who basically destroyed the economy of the country, and Chavez was elected following all of that. Chavez stood up to the United States demanding that Venezuela oil be used to help the Venezuelan people. Well we didn’t like that in the United States, so in 2002, a coup was staged, and there is no question in my mind or in most other people’s minds, that the CIA was behind that coup. The way that coup was fermented was very effective, like Colonel Roosevelt had done in Iran - paying people to go out into the streets to riot, to protest and say that Chavez is very unpopular. You know, if you can get a few thousand people to do that, television can make it look like the whole country and things start to mushroom, except in the case of Chavez, he was smart enough and the people were so strongly behind him that they overcame it, which was a phenomenal moment in the life of Latin America.  Iraq 2003: Iraq, actually, is a perfect example of the way the whole system works. We economic hitmen are the first line of defence. We go in and try to corrupt governments and get them to accept these huge loans which we then use as leverage to basically own them. If we fail, as I failed in Panama with Omar Tarrijas, and in Ecuador with Jaime Roldos, men who refused to be corrupted, then the second line of defence is we send in the jackals and the jackals either overthrow governments or they assassinate and when that happens and a new government comes in, boy, it’s going to toe the line as the new President knows what will happen if he doesn’t. And in the case of Iraq, both of those things failed and the economic hitmen were not able to get through to Saddam Hussein although they tried very hard. We tried very hard to get him to accept a deal but he wouldn’t accept it and so the jackals went in to take him out but they couldn’t do it as his security was very good. After all, he had at one time worked for the CIA and been hired to assassinate a former President of Iraq and failed, but he knew the system. So, in 1991 we send in the troops and we take out the Iraqi military, assuming that at that point that Saddam is going to come around. We could, of course, have taken him out at that time, but we didn’t want to as he is the kind of strong man that we like, able to control his people and keep pumping oil for us. But when we took out his military he didn’t come around so the economic hitmen go back in in the 90s without success. If they had had success, he’d still be running the country - we’d be selling him all the fighter jets he’d want, but they didn’t have success. The jackals couldn’t take him out again, so we sent the military in once again and took him out, and created for ourselves very lucrative reconstruction deals to rebuild a country which we had essentially destroyed - which is a very good deal if you own a construction company - a really big one. So, Iraq shows the three stages: the economic hitmen - failed there, the jackals failed there, so as the final measure, the military goes in. And in that way, we have really created an empire, but we have done it very, very subtly, it’s clandestine. All the empires in the past were built by the military and everybody knew they were building them. The British knew they were building it, the French, the Germans, the Romans, the Greeks - they were all proud of it and they always had some excuse like “spreading civilisation”, or spreading some religion, something like that, but they knew they were doing it. We don’t. The majority of the people in the United States have no idea that we are living off the benefits of a clandestine empire, that today there is more slavery in the world than ever before. You may have to ask yourself if it’s an empire, then who’s the Emperor? Obviously, our Presidents in the United States are not Emperors. An Emperor is someone who is not elected, does not serve a limited term, and who doesn’t report to anyone. So you can’t classify Presidents that way. But we do have what I consider to be the equivalent of the Emperor in what I call the “Corporatocracy”. The Corporatocracy is this group of individuals who run our biggest corporations and they really act as the Emperor of this empire. They control our media (either by direct ownership or by advertising), they control most of our politicians because they finance their campaigns, either through corporations or through personal donations. They are not elected, they don’t serve a limited term, they don’t report to anybody, and at the very top of the Corporatocracy, we can’t tell if the person is working for a corporation or for the government as they are always moving back and forth, so you get a guy who is one moment the president of a big company like Halliburton and the next moment he’s the Vice President of the United States, or the President who is in the oil business and this is true whether you get Democrats or Republicans in the office, you have them moving back and forth through the revolving door, and in a way, our government is invisible a lot of the time as it’s policies are carried out by a corporation on one level or another, and then again, the policies of the government are basically forged by the Corporatocracy and then presented to the government and become government policies. So, it is an incredibly cosy relationship. This isn’t a “conspiracy theory” kind of thing, these people don’t have to get together and plot to do things, they all basically work under one primary assumption, and that is that they must maximise profits regardless of the social and environmental costs.
This process of manipulation by the Corporatocracy, through the use of debt, bribery and political overthrow, is called “Globalisation”. Just as the Federal Reserve keeps the American people in a position of indentured servitude, through perpetual debt, inflation and interest, the World Bank and International Monetary Fund fulfil this role on a global scale. Patrick Kelly engpjk@yahoo.co.uk http://www.free-energy-info.co.uk |