Design a site like this with
Get started

The Ponzi and the Poor

I know that I usually post poetry, but as of yet I haven’t quite the words for the topic that I am about to tackle as least not in the form of a poem. Nevertheless, I do feel compelled to write.

The year was 1776, the Declaration of Independence was signed, and a symbol of American freedom was born. In that document written about the past the authors took the time to speak to the future, and it is these few lines that I believe are more telling about were we are than almost anything that I have ran across.

” –That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.–“

A design to reduce them under absolute Despotism, it is my hope here to show that there really is such a design. There was once a time when I did not have to knowledge that I am about to lay out and I was, when questioning the nature of the status quo, challenged by those who did not have an education system designed to teach them the workings of a global financial system, designed by those who profit most from it.

With the creation of the Federal Reserve and the privatization of the production of money, followed by the eventual, but final nail in the coffin, the abandonment of the gold standard our leaders have not only led us down a path that causes nothing but pain but also created the greatest Ponzi scheme ever known and knowingly did so because the more money they printed the more leverage had within the system.

To understand what I am talking about one has to realize that when the government needs money to cover the deficit they take out what is essentially a loan in the form of Treasury bills, notes, and bonds. But how does one pay off a dollar borrowed when they do not have the money to pay of the previous dollar borrowed? You print another dollar of course. This is where the first step to taking over the world begins. If governments can produce their own money then there is no debt, as one cannot owe themselves, so you have to first get rid of the ability for government to produce money. Once you have created a private federal reserve, and cleverly name it as if it was a government organization, you then have to borrow money from this private origination, plus interest, (ignoring that governments can do this without the middle man). Now that you have borrowed (had a dollar printed) and agreed to pay back more than you borrowed, you are going to need to borrow again to cover the debt, as you cannot possibly pay back more money than exists without, of coarse, printing more.

So money is printed, debt is created, investors are found, but who buys debt that will never be paid? Why countries that want to devaluate their own “dollar” to make it so that it is more profitable for companies to run their businesses out of their nations. Low buying power is a nice way of saying in industry that people of this or that country are so poor that they will work simply to feed themselves. Would they over throw their own governments if they could understand that their leaders are actively involved in devaluating their own currencies to ensure indentured servitude of their peoples?

We in west though, we surely are not having our our dollar devaluated buy the purchasing of debt that will never be paid, so this system (though reprehensible) appears to be good for the USA because as long as someone is buying the debt we get to keep printing. But what if someone used funny fuzzy math to calculate inflation over the years to ensure that wages did not go up, that social security stayed low, and the benefits paid would be minimal? Same situation, just not as bad as being stuck in say China. Who wins? The world banks that get paid back all of this interest in a system they silently implemented to take control of the whole worlds economy.

This is the abuse, the design, that has reduced us to where we are now, and not just us the whole worlds economy is based on this Ponzi scheme that causes death and suffering untold and uncountable around the world, and the Declaration of Independence a document written about the past, directed to the future, stands as reminder of what should be done.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: