TVNL Editor's Comments: A Point About Debt

I have spend a great deal of time trying to educate the public about the largest conspiracy facing our nation, the existence of the Federal Reserve. I want to make a few points in order to help illustrate an aspect of this conspiracy.

First of all if you are not already aware of this the Federal Reserve is neither federal or a reserve. It is a private bank that was illegally given complete control over American monetary policy and it is permitted to create money for themselves out of nothing. The money is not backed by gold or silver or anything of value. It is basically a loan shark with a fancy name.

You see the Federal Reserve acts like the godfather to the bank industry mafia. There is nothing illegal about the banking industry except for the fact that their profitability is based on the illegal and immoral conduct of the Federal Reserve. You see banks make money by doing one thing; lending you money. Actually thanks to fractional reserve banking they can lend you money that they do not have, charge you interest on that money, and then they can count that interest as an asset before you even pay them back! That's just one problem. The real problem is with the Federal Reserve. You see the Federal Reserve exists for two reasons; one is to keep the government in debt and the other is to keep you in debt. If we are not in debt then we are not borrowing money and the banks are not making money.

Congress won't touch this issue. You see the strength of the American economy is really all smoke and mirrors. Our economy grows only when money is borrowed. You see when someone borrows money from a bank or when the government borrows money from the Federal Reserve about 90% of that money is created out of thin air! The practice of fractional reserve banking allows banks, including the Fed, to lend out about 1000% of the actual money they have. The rest is simply created out of thin air. If a bank has $10 they can lend you $100. All they do is type in the rest of the money into your account. Then you pay the bank back, with interest and the bank will have the original $10, plus the $90 they created out of nothing plus the interest which will usually total more than the original loan. This is how banks make money.

If you don't need to borrow money this amazing money creation scam stops. The economy stops growing and the banks have to go back to doing what banks are supposed to do, hold your assets in a safe place for your convenience.

Now I have a personal theory about why Clinton was impeached and why Bush can not be impeached. You see during the Clinton years something terrible happened to this nation, personal savings reached an all time high. This is a disaster for the banks. Nobody needs to borrow money. While the smoke and mirror measurements of the US economy reflected an economy that is not growing (because new fake money was not being created to lend out), the people of this nation were experiencing personal economic growth. But you see the people don't matter here. They never have and they never will.

Now Bush on the other hand, has created an economic environment where personal savings is virtually nonexistent. People need to borrow money just to feed their families! This is wonderful for the banks. The nation is also at war which means it is spending money on the most expensive activity a nation can partake in; war. Now the nation has to borrow money to finance that war. And guess what, the nation has to borrow that money from the Federal Reserve, with interest! The nation can not do what all free nations are supposed to be able to do, borrow money from itself and pay itself back without interest! This is because on Christmas eve in 1913 a few criminal Senators took advantage of the holiday to sneak into law the laws that created the Federal Reserve system. Of course a few years later we all had to start paying income tax. You see income tax was not needed until the Federal Reserve showed up and started to charge our government interest for its own money! That interest had to come from somewhere!

You see my friends, it's a scam. It's a conspiracy. And until we do something about it people like George W. Bush are going to continue to run the show because the people who control money control government. Think about it. Jesse Richard – Editor, TvNewsLIES.org

NOTE: You can respond to my daily comments on my blog, located here: http://tvnewslies.org/blog

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EDITORIAL : http://www.tvnewslies.org/news/#editorial

A Point About Debt - You see the strength of the American economy is really all smoke and mirrors. Our economy grows only when money is borrowed. You see when someone borrows money from a bank or when the government borrows money from the Federal Reserve about 90% of that money is created out of thin air!

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HUMAN RIGHTS WATCH : http://www.tvnewslies.org/news/#rights

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OF INTEREST : http://www.tvnewslies.org/news/#interest

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