Paul Adams, J.D.
In part one of this article, we defined usury as the lending of money at interest. We examined the history of usury and how it was considered morally reprehensible for thousands of years, prior to becoming the sand foundation modern economies. We also examined the mastery of usury, how they create money out of nothing and use it as a silent weapon for control of humanity.
Here, we examine the crimes and iniquity made possible by usury; and practical solutions.
After the largest banks made bad loans and foreclosed on over ten million (10,000,000) homes, often illegally by forging documents, the private Federal Reserve, which is owned by its member banks, bailed out the following banks with at least $16.9 trillion according to page 131 of the first GAO audit:
Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JPMorgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
Other economists estimate the bank bailouts since 2008 at $29 trillion. That is correct: the largest banks, many of which appear to own shares in the private Federal Reserve, bailed themselves out in excess of the U.S. 2010 GDP ($14.59 Trillion – value of all goods and services produced in the U.S. for the year). Yes, even the fictional national debt of over $16 trillion could have been paid-off for less than the banks received.
Depositors at bailed-out Cyprus’ largest bank will lose 47.5 percent of their savings exceeding 100,000 euros ($132,000), the government said. The figure comes after Cyprus agreed on a 23 billion-euro ($30.5 billion) rescue package with its euro partners and the International Monetary Fund. In exchange for a 10 billion euro loan, deposits with more than the insured limit of 100,000 euros at the Bank of Cyprus and smaller lender Laiki were raided in a so-called bail-in to prop up the country’s teetering banking sector.
To simplify, those with depositors with over 100,000 euros had their money stolen by the bank they trusted with their deposit. The Cyprus government and IMF approved.
This will likely be the model new model for bailing out banks and should arrive in the U.S. by 2016.
Almost half the world, three billion people, live on less than $2.50 per day and 80 percent of humanity lives on less than $10 per day. According to UNICEF, 22,000 children die each day due to poverty. That is, people are dying because a bank did not create enough digits on a computer screen (money) for them to buy food. This is no accident; it is the bankers’ move to depopulate the planet.
John Perkins wrote Confessions of an Economic Hit Man. During the 1970s he worked as an economic planner for an international consulting firm. In his book he describes how the globalists force the economic hegemony of the bankers, the IMF and World Bank on victim nations in the Third World.
Perkins’ job was to negotiate huge loans to third-world nations, loans that the bankers created out of nothing and which they knew the borrower nation could not repay. Once the borrower defaulted, the bankers would demand the nation’s natural resources and gain control of its political system and economy.
Several third-world leaders had integrity and refused to enslave their nations to the money changers. They also refused the cash, luxury, cocaine and hookers Perkins offered them on behalf of the bankers. Perkins says that leaders who would not play ball would eventually be overthrown in a CIA sponsored coup or assassinated.
As we saw with Libya, nations that refuse the West’s system of usury are often demonized in the media and overthrown.
It must also be noted that the largest banks even conspire to fix interest rates and interest swaps. The whole game is rigged.
Usury and the Drug Trade
The Masters of Usury also run the drug trade. A federal judge recently approved HSBC Holdings’ (Europe’s largest bank) $1.9 billion agreement with the U.S. to resolve charges that it enabled Latin American drug cartels to launder billions of dollars.
Wachovia Bank, now a unit of Wells Fargo, leads a list of firms that have moved dirty money for Mexico’s narcotics cartels — helping a $39 billion trade that has killed more than 22,000 people since 2006.
“It’s the banks laundering money for the cartels that finances the tragedy,” says Martin Woods, director of Wachovia’s anti-money-laundering unit in London from 2006 to 2009. Woods says he quit the bank in disgust after executives ignored his documentation that drug dealers were funneling money through Wachovia’s branch network. “If you don’t see the correlation between the money laundering by banks and the 22,000 people killed in Mexico, you’re missing the point,” Woods says.
… Miami-based American Express Bank International paid fines in both 1994 and 2007 after admitting it had failed to spot and report drug dealers laundering money through its accounts. Drug traffickers used accounts at Bank of America in Oklahoma City to buy three planes that carried 10 tons of cocaine, according to Mexican court filings.
The Bank of Credit and Commerce International (BCCI) was also used to by the bankers’ political operatives to run the drug trade and finance CIA covert operations.
Fruits of Usury
In addition to 80% of the world living on less than $10 dollars per day, U.S. citizens are now beginning to understand the fruits of usury. Four out of 5 U.S. adults (80%) struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American Dream.
Forty-seven million (47,000,000) Americans are on food stamps and more than 100 million Americans are enrolled in at least one welfare program run by the federal government.
Americans who were recipients of means-tested government benefits in 2011 outnumbered year-round full-time workers, according to data released this month by the Census Bureau. There were 108,592,000 people in the United States in the fourth quarter of 2011 who were recipients of one or more means-tested government benefit programs. Meanwhile, there were 101,716,000 people who worked full-time year round in 2011.
Today, 40 percent of U.S. workers make less than what a full-time minimum wage worker made in 1968. Back in 1968, the minimum wage in the United States was $1.60 an hour. That sounds small but when you adjust for inflation it is equivalent to at least $10.74 today.
War and Usury
As George Orwell taught us:
The primary aim of modern warfare is to use up the labor and goods produced by the machine without raising the general standard of living. From the moment when the machine first made its appearance it was clear to all thinking people that the need for human drudgery, and therefore to a great extent for human inequality, had disappeared. If the machine were used deliberately for that end, hunger, overwork, dirt, illiteracy, and disease could be eliminated within a few generations. But it was also clear that an all-round increase in wealth threatened the destruction — indeed, in some sense was the destruction — of a hierarchical society.
In a world in which everyone worked short hours, had enough to eat, lived in a house with a bathroom and a refrigerator, and possessed a car, the most obvious and perhaps the most important form of inequality would already have disappeared. If it once became general, wealth would confer no distinction. It was possible, no doubt, to imagine a society in which wealth, in the sense of personal possessions and luxuries, should be evenly distributed, while power remained in the hands of a small privileged caste. But in practice such a society could not long remain stable. For if leisure and security were enjoyed by all alike, the great mass of human beings who are normally stupefied by poverty would become literate and would learn to think for themselves; and when once they had done this, they would sooner or later realize that the privileged minority had no function, and they would sweep it away. In the long run, a hierarchical society was only possible on a basis of poverty and ignorance.
The bankers support wars, often funding both sides, to gain control over people, natural resources, and to destroy goods produced as to not raise the general standard of living. They fund wars by creating money out of nothing.
The cost of the U.S. wars in Iraq and Afghanistan will be $4 – $6 trillion. How many home mortgages could that pay off? How many hospitals built or pot holes filled? How many people fed? The purpose of war is clear.
Since the beginning of the Iraq War in 2003, the New York Federal Reserve shipped tens of billions of dollars to the government and central bank of Iraq, allegedly for reconstruction. Between 2003 and 2008, over $40 billion in cash was secretly shipped in trucks from the New York Federal Reserve compound in East Rutherford, New Jersey to Andrews Air Force Base outside of Washington, where they were then flown by military aircraft to Baghdad International Airport. In just the first two years, the shipments of dollar bills weighed a total of 363 tons.
But much of that money was stolen, misappropriated, and simply lost. Despite Congressional hearings and reports, nobody is saying exactly what happened to the bulk of the money. Most likely, the stolen fiat dollars, secretly printed out of thin air to fund the US government’s illegal war and senseless slaughter of Iraqis, went towards intricate contracting schemes and corrupt Iraqi and American officials.
Solutions to Usury – American System
Those who wish to defeat banker usury (a.k.a. globalization), improve the U.S. economy by creating 30-40 million living wage jobs, and return to a productive economy should strongly consider supporting the United Front Against Austerity (UFAA).
The United Front provides only proven policy solutions based on the traditional American System of Economics and is endorsed by author and Scholar, Webster Griffin Tarpley. It does not support either side of bankers’ false left vs. right divide-and-conquer scheme. Instead, the UFAA is a mass movement built on the most basic issues of economic survival. Action items include:
Seize and Nationalize the Federal Reserve System
0% Federal Credit for Real Production and Farming to create 30 million jobs
1% Wall Street Sales Tax
No Bank Bailouts
No Investment Derivatives
Student Loan Amnesty
Stop All Home Foreclosures
Rebuild the Nation’s Infrastructure
Medicare for All Who Want It (as opposed to the Obama Care giveaway to insurance companies)
Minimum Wage and Living Wage
Tariffs on Imported Goods
Ending the Wars and 0% Credit for Developing Countries