Category Archives: Fiat Currency

Libertarianism – The Shocking Notion that Other People Are Not Your Property

2 of the most interesting people in political thought. Both of whom in my experience are actually decent human beings too.

Almost everyone knows Ron Paul but more people should be familiar with Tom Woods who’s bookMeltdown is a fantastic (and very accessible) explanation of the 2008 Crash. You can read his work and listen to his show at


Godfrey Bloom Tells European Parliament They Are Perpetuating Banksters Scam Defrauding Taxpayers

Central Banking banksters fraud fractional reserve banking Godfrey Bloom European Parliament

Godfrey Bloom Tells European Parliament They Are Perpetuating Banksters Scam Defrauding Taxpayers

A Mr. Godfrey Bloom adresses the European Parliament and says that by allowing fractional reserve banking they are victimizing and defrauding the public. The European Parliament looks uncomfortable and then basically turns over and goes back to sleep.

I’ve heard it said that 97% of money in play right now is digital money. That is to say that it is not money that ever existed to begin with. It has been created as debt by banks out of nothing (it did not exist until it was created as a loan, on which interest is paid to the banks. It is not other peoples savings).

Most of this money goes to funding, non productive, property bubbles and financial speculation, only 13% goes to productive businesses. Creation of money should be taken away from the banks and transferred to a interest free, democratically accountable, transparent process. Money can then be targeted to where it can do the most good and away from areas that have historically caused booms and busts.

Until someone changes the current system we are at the mercy of banksters who scam the public for a living. I know it’s complicated but we are obligated to understand and fix this system unless we want to pass this mess onto our children’s children’s children.

European Parliament, Strasbourg, 21 May 2013

• Speaker: Godfrey Bloom MEP, UKIP (Yorkshire & Lincolnshire), Europe of Freedom and Democracy (EFD) group –

• Joint Debate: Banking union – single supervisory mechanism

1. Specific tasks for the European Central Bank concerning policies relating to the prudential supervision of credit institutions
Report: Marianne Thyssen (A7-0392/2012)
– Report on the proposal for a Council regulation conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions
[COM(2012)0511 – – 2012/0242(CNS)]
Committee on Economic and Monetary Affairs

2. European Banking Authority and prudential supervision of credit institutions
Report: Sven Giegold (A7-0393/2012)
– Report on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 1093/2010 establishing a European Supervisory Authority (European Banking Authority) as regards its interaction with Council Regulation (EU) No…/… conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions
[COM(2012)0512 – C7-0289/2012 – 2012/0244(COD)]
Committee on Economic and Monetary Affairs

• Video: EbS (European Parliament)

• EU Member States:
Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, United Kingdom

See for more ideas on the present system and how we can change it.



All Major Banks Are One Corporation Owned by The Same People Who Own The Media

when first cousins get married they have little bankers

Many people still don’t understand the corruption of the banking organizations and how they control corporations who control politicians.

The video below is Karen Hudes, former senior executive at the World Bank, about her experience blowing the whistle on the high level corruption within the international financial system and how her story was censored by the corporate owned media.

She says that she is just one of a group of World Bank whistle-blowers from various points around the globe (the UK, India, Mexico, Ethiopia and so on) that all report the same widespread corruption and greed. They keep poor countries poor by keeping them in perpetual debt.

Hudes reported the fraud she saw first to the audit department within the bank and then to the US Treasury and then to Congress. She did find a small minority of allies in Congress, but despite their attempts to get something done, the opposition from the corporate owned and unconcerned balance of congress, seemed to stifle the process.

Three Senators asked for a GAO inquiry into the corruption… Senators Luger Lahey and Bayh.

She says the corruption went up to congress and 188 ministers of finance who are all ultimately causing a currency war by creating paper money out of thin air and causing fluctuations in the currencies for their own profit.

Hudes attempts to report this widespread and devastating corruption to the media were futile because no one would report what she was telling them. She subsequently learned that all major media outlets were owned by one corporation and were ultimately

Thomas Jefferson wrote in a letter to John Taylor in 1816:  “And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

She told of the ‘Federal Institute of Technology, in Zurich, Switzerland, where three mathematicians looked at corporate data from 43,000 trans-national companies.  Through complicated maneuvers, they increased their financial power 10 fold, and own 40 percent of the assets of all companies traded on the financial markets of the world, and 60 percent of the earnings yearly.  In many countries, the money being printed has no value.

Ms. Hudes said that during the 2012 presidential election, she went to CBS news with information regarding Robert Zellig.  Zellig was the man who would have headed Mitt Romney’s transition team.  He was allegedly part of the Bank’s corrupted management.  CBS declined, saying that “the American people don’t need to know.”  She said that in this way, they were also controlling voters.

When Ms. Martin asked her for names, Hudes said that they were the owners of institutions such as ‘Goldman-Sachs,’ and the ‘Bank of America.’  She further stated that they were all one enormous financial entity, dominating the economic future of the world.

Ms. Martin asked why she hasn’t been singled out, as were Edward Snowden or Bradley Manning.  Ms. Hudes said it may be because all the whistleblowers are working together.  She is surprised that Snowden has received so much attention, because the media is controlled by the government.  The mainstream media is not trusted by the American people, which was shown in a survey.  70 percent of the country said they did not believe what was reported in the news.

The World Bank was created at the 1944 Bretton Woods Conference, along with three other institutions, including the International Monetary Fund (IMF). The World Bank and the IMF are both based in Washington DC, and work closely with each other.

Traditionally, the World Bank has been headed by a citizen of the United States, while the IMF has been led by a European citizen.

The World Bank has two primary divisions.  The International Bank for Reconstruction and Development (IBRD) has 188 member countries, while the International Development Association (IDA) has 172 members.  Each member state of IBRD should be also a member of the International Monetary Fund (IMF) and only members of IBRD are allowed to join other institutions within the Bank (such as IDA).

The World Bank requires sovereign immunity from countries it deals with.   Sovereign immunity waives a holder from all legal liability for their actions. It is proposed that this immunity from responsibility is a “shield which The World Bank wants to resort to, for escaping accountability and security by the people.”  As the United States has veto power, it can prevent the World Bank from taking action against its interests.


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