Docstoc

treasury

Document Sample
treasury Powered By Docstoc
					           AN EXPO$É ON THE WORLD BANK V’$ COMMONWEALTH TREA$URY NOTE$.
Our constitution’s existence bestows us with the Authority to and responsibility for, the minting and
issuance of currency, coin and notes. For this is the way it must be and never entrusted to private interest.
“The issuing power should be taken from the banks and restored to the people, to whom it
properly belongs.” - Thomas Jefferson.
New notes to our currency, (Commonwealth Treasury notes), may therefore be introduced to enable those
below the poverty line to afford their electricity, gas, Council rates, medication or tax, by payment with their
Commonwealth Treasury notes. It should be noted that this is a system used for domestic trade by the
new world economic power house - China.
                               THIS IS NOT A NEW OR RADICAL IDEA
It was used by Benjamin Franklin, Thomas Jefferson and James Matheson, Andrew Jackson, Martin Van
Beuron and Abraham Lincoln and was inspired by America’s First common currency, known as Colonial
Script. Benjamin Franklin explained how this enabled the Colony to thrive…..When asked by the Bank of
England how America accounted for its prosperity, Benjamin replied,
“That is simple. In the colonies we issue our own money. It is called Colonial Script. We
issue it to the proper proportion to the demands of trade and industry to make the products
pass easily from the producers to the consumers. In this manner, creating for ourselves our
own paper money, we control its purchasing power and we have no interest to pay to no-one.”
Abraham’s Notes, as bestow to him by Dick Taylor, (as Thomas, Andrew and Martin’s) were Treasury
Notes. Lincoln used his to fight the Civil war, pay his soldiers and to pay for their provisions. Abraham’s
Treasury note was commonly known as the “Green Back”, because the back face of the note was printed
in green ink to distinguish it easily from other notes. It remained in circulation up until 1994.
Commonwealth Treasury Notes will not cause inflation nor deflation and should either were to threaten we
know its remedy. What it will do is enable a growing number of Australians to once again afford the
increasing expense of living. It will only be paid in addition to Pension or other government payment
entitlements and only to those who qualify for those entitlements. ONP’s Youth Civil Service programme
would also incorporate payments of Commonwealth Treasury Notes, in addition to their pay. Have no
doubt, Commonwealth Treasury Notes will work. The green-back worked! It worked so well Abraham
Lincoln was assassinated over it. Undoubtedly there will be those who will openly condemn C.T.N’S; they
however will be doing no more than promoting the vested interests and greed of a secretive few whom
have no loyalty to this land Australia, nor its people.

In 1775 the American war of independence erupted after King George the third outlawed the independent
and interest free currency the colony was producing and using, essentially forcing them to borrow money
from the Central Bank of England at interest which immediately put them into debt. - Benjamin Franklin
sited that;
“The refusal of King George the third to allow the colonies to operate an honest money
system, which freed the ordinary man from the clutches of the money manipulators, was
probably the prime cause of the revolution.”
In 1783 North America won its independence from England, however its battle against the corrupt Central
Bank was still in its infancy.
                                 How the Central or Reserve Bank operates.
It is a private institution that has historically, through unscrupulous means been granted the authority to
produce the currency of an entire nation. It operates with two inherent powers, 1) the control of interest
rates and 2) the control of the money supply and thus inflation. This institution does not simply produce
money for a nations economy, it loans it to them at interest.
                                                       1
Then through either increasing or decreasing the supply of money this institution regulates the value of the
currency being issued. It is imperative to comprehend that this institution’s operation can only ever lead to
an ever escalating debt. For every dollar produced by this institution is loaned at interest, that means for
every dollar produced it is actually the dollar plus a percentage of debt based on that dollar, and since the
Reserve or Central Bank has a monopoly on the supply of the currency for an entire nation, the money to
service that debt can only ever come from this institution. Which means that the Central or Reserve Bank
must perpetually increase its money supply in order to cover the initial outstanding debt created, of which
in turn perpetually creates ever more debt. Therefore, the power to regulate a nation’s money supply is
also the power to regulate its value.

“Ibelieve that Banking Institutions are more dangerous than standing armies. If the American
people ever allow private banks to control the issue of currency, the banks and corporations
that will grow up around them will deprive the people of their property until their children wake
up homeless on the continent their fathers conquered.” - Thomas Jefferson 1743-1826
“Ifyou want to remain slaves of the bankers and pay for the costs of your own slavery, let
them continue to create money and control the nations credit.” – Sir Josiah Stamp 1880-1941
“Our  great industrial nation is controlled by its system of credit. Our system of credit is
privately concentrated, the growth of the nation, therefore, and all our activities are in the
hands of a few men, who necessarily, by very reason of their own limitations, chill and check
and destroy genuine economic freedom. We have come to be one of the worst ruled, one of
the most completely controlled and dominated governments in the civilised world - No
government by free opinion, no longer a government by conviction and the vote of the
majority, but a government by the opinion and the duress of small groups of dominate men. ” –
President Woodrow Wilson
                                                 The 1920’s
“A world banking system is being set up here, a superstate controlled by international bankers
acting together to enslave the world for their own pleasure. The Fed has usurped the
Government”.
– Congressman Louis McFadden

“Under the Federal Reserve Act, panics are scientifically created.The present panic is the first
scientifically created one, worked out as we figure a mathematical equation”.
- Congressman Charles Lindberg

“Itwas a carefully contrived occurrence. International bankers sought to bring about a
condition of despair, so that they might emerge the rulers of us all ”. – Congressman Louis
McFadden
McFadden was successfully assassinated on the third attempt. He was in the process of enacting
impeachment proceedings against the Federal Reserve Bank Board. In May 1st 1933, with all opposition
against it neutralised, the Gold Stranded was abolished.

“Give me control of a nations money supply, and I care                 not who makes its laws ”       – Mayer
Amschel Rothschild, Founder of the Rothschild Banking Dynasty.
Today, up to and over 25% of an average workers income is taken by government as income tax. It does
not go to fund roads or build hospitals or train doctors, it simply goes to pay the interest for the currency
produced by the Reserve Bank and into the pockets of those international bankers that own the Federal
Reserve Bank. The sole aim by these institutions is the accumulation of all wealth. As this is true in times
of peace, it is absolutely ferocious in times of war, for war is the greatest tool in the international banker’s
arsenal for rapidly gaining great wealth.



                                                       2
   How the established fractional reserve monetary system operates - Modern Money Mechanics.
At its most basic, when our government decides it needs money it does not have, say, $10.Billion dollars,
it exchanges government bonds for credit, or money with the Reserve bank. The government then
deposits this money in its bank account, which from this point forth makes it legal tender and has just
added $10 Billion dollars into the economy. However only around 3% of this money exists in notes, the
other 97% only exists electronically as credit. The money that the reserve bank created has to be payed
back by the government, therefore government bonds are essentially the creation of debt from which the
money has derived.
The bank that the government deposits this money into then makes 10% of it part of its required reserve,
as it does with all transactions. The other $9,000,000,000.00 then becomes the excessive reserve and
can be used as the basis for new loans. However, the $9 Billion does not come out of the original $10
Billion, as it is actually created from nothing on top of the original $10 Billion and is known as expanding
the money supply, so that it now becomes $19 Billion. But they do not actually pay out loans from the
money they receive as deposits, for if they did this, no additional money would be created. What is done
when a loan is made is to accept promissory notes in exchange for credits to the borrowers’ transaction
account. Loans (assets) and deposits (liabilities) both rise, but reserves remain unchanged. However the
deposited credits constitute new additions to the total deposits of the banking system. This can be done
because of demand for loans and because there was a $10 Billion dollar deposit to satisfy the reserve
requirements.
$10,000,000,000.00    Deposit
$ 1,000,000,000.00    required reserve
$ 9,000,000,000.00    excessive reserve
$19,000,000,000.00    expanded supply
So say someone then borrows $9 Billion from the expanded supply and deposits it in their account. The
process is then repeated 10% or $8,100,000,000.00 is taken into the required reserve leaving $8.1 Billion
for more loans of new money on top of the original deposit. Up to $90 Billion can then be created from the
original $10 Billion. So for every deposit up to 9 X that amount can be created.
                             Deposit money creation / loan cycle
Reserve Based loans                                                  Expansion of the money supply
$10,000,000,000                                                      $10,000,000,000
$9,000,000,000                                                       $19,000,000,000
$8,100,000,000                                                       $27,000,000,000
$7,290,000,000                                                       $34,390,000,000
$6,561,000,000                                                       $40,951,000,000
$5,904,900,000                                                       $46,856,000,000
$5,314,410,000                                                       $52,170,000,000
$4,782,969,000                                                       $56,953,000,000
$4,304,672,000                                                       $61,258,000,000
         >                                                                    <
This new money derives its value from the money that already exists, therefore the more new money that
is created, the more it diminishes in value, thus debasing the currency. The total pool of money constantly
increases regardless of the demand for goods and services and as supply and demand finds equilibrium,
prices rise, diminishing the purchasing power of each individual dollar. This is known as inflation, and its
effect is that of a tax. The more debt there is in our economy, the more money there is. This effectively
means that debt can never be fully repaid, for to do so would extinguish the entire money supply.

“If there were no debt in our monetary system, there wouldn’t be any money ”. –Marriner Eccles-
Governor of the Federal Reserve, September 30th 1941 House committee hearing on Banking and
Currency.

              The Application of Interest. (Or the transfer of true wealth from the individual to the bank).
The application of interest exposes the fractional reserve monetary system for what it truly is; fraud. For
when the initial $10 Billion was borrowed and with the application of the “Deposit money creation / loan
cycle,” Only the principal money supply has been created. But all loans have to be paid back with interest;
so where is the money to cover the interest? It simply does not exist. This is why the amount of money
owed to the bank will always greatly exceed the amount of money in circulation and why inflation is a
constant, as new money must always be created to cover the debt repayments.


                                                     3
But North America’s debt was completely paid off in 1835, after president Andrew Jackson shut down the
Central Bank (the predecessor to the Federal Reserve). Jackson’s entire campaign platform centred on
his commitment to shut down the central bank; stating- “The bold efforts the present bank has made
to control the Government...are but premonition 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.”...
-President Andrew Jackson-
       1767-1845

Unfortunately in 1913, international Bankers were again successful in perverting government into allowing
the establishment of another Central bank, “The Federal Reserve”… while ever this institution is allowed
to exists, we shall always be guaranteed of, and a slave to perpetual debt.
                                              WORLD WAR
– Secretary of State, William Jennings Bryan, observed during the eve of World War that;
“Thelarge Banking Interests were deeply interested in the World War because of the wide
opportunity for large profits”.
One must understand that the most lucrative thing that can happen for these financial institutions and the
international banker is war. For it forces nations to borrow ever more money from the Federal Reserve
Bank. In WW I, J.D. Rockefeller made $200 Million in 1919 from it, today that is around the equivalent of
$2.8 Billion. WW I cost the United States $30 Billion, which is around $400 Billion in to-days money. In the
onset of World War II, the J.D. Rockefeller U.S. Standard oil company sold $20 Million dollars worth of fuel
to I.G. Farben, who was one of the suppliers of Nazi Germany’s war effort. The Union Banking
Corporation of New York City were a financier of Nazi Germany and were found to have been laundering
the Deutsch-Mark –having been discovered to have millions of the German notes in their bank’s vaults.
The director and vice president of this bank was Prescott Bush, the father and grand father of U.S.
Presidents George Bush Senior and Junior. This fact should be kept in mind to realise the full
ramifications of the actions made by both of these presidents.
Although these are American examples it remains relevant for us, for it is America that has become the
hub of the world-bank. It does however hold true that the same dark truth exists for Australia. Our political
leaders and parties have committed to treason; they have been bought by trappings and with money or
wilted under the threat of extortion. To this end, all of our society’s ills have been engineered; our failing
health and education, lawlessness, mass immigration, the man made global warming myth and carbon
tax, and the control of the mass media has all been designed to usurp our national identity and
sovereignty and to decimate our culture, thus removing any potential organised resistance that may stand
in their way to achieving their goals.
The mass media, whether in Australia, the U.S.A. or any where else in the world, is the most awesome
and devastating of propaganda machines in existence. It can convince you that black is white and white is
black, It can make or destroy government and individuals; it is a means to an end used by those who wish
to control our lives to suit their desires, and they use it to keep you naïve and to blindly accept without
doubt or question. The sad reality is that it works and they are masters at its implementation. But your life
is the real thing, filled with real life experiences, not the illusion presented to you on your living room TV.
For when it all comes down to it, it is solely up to you whether you continue to accept it, or take
responsibility to change it, for it is only you that can enact the change that will destroy the illusion, restore
confidence in our political system and to change money from being the master of man, back to being the
servant of mankind.

   “None are more hopelessly enslaved than those that believe that they are free.”
   – Johann Wolfgang Von Goethe –
          1749-1832
   07/07/10
  Compiled by
Andrew Webber
Ref: Bill Still; Zeit Geist; Zeit Geist Addendum; Loose change. If any of these documentaries are
accessible to you; watch them. You owe it to yourself to open your eyes, despite how disturbing or
discomforting it may be.
                                                       4

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:3
posted:10/17/2012
language:Unknown
pages:4