The Noble Lie

[Editor's note: I actually wrote this in February but the only thing that has changed between now and then is that it is more obvious now than it was then. It will only continue to get more and more obvious as time goes on.]

Roosevelt’s dramatic “bank holiday” gave many people the idea that something fishy was happening. Now, we are watching our economy being completely re-engineered in front of our faces. We are going through wave after wave of interest rate cuts. We are watching the Federal Reserve loaning tens of billions of dollars to the major banks (the banks that, coincidentally, own the Federal Reserve) who can use their fractional reserve power to turn it into hundreds of billions of dollars and overwhelm our economy.

People cheer as Wall Street rallies, but they should be crying. Wall Street’s investments are being protected to the detriment of every person living on any sort of fixed wage or income (everybody at the bottom) whose spending power is evaporating. The main beneficiaries of inflation are the big guys who get the low interest rate loans and can invest for high returns.

Some of us have watched these overextended banks struggle for liquidity to pay their bills for quite a while now. The big ones like Citibank are notorious for laundering huge amounts of drug money. Now they are getting huge slashes in interest rates, every few weeks more of the big ones take out about ten billion or so, and the latest headline I saw said another 50 BILLION dollars was secretly loaned to the big banks by the Fed. Thanks to fractional reserve, that can become up to 500-600 of interest bearing loans (which will “pay off” that 50 billion they created out of thin air in no time flat). The new indentured servitude laws were set up well in advance by the “bankruptcy reform” package passed a few years ago in fatter times — you will owe your creditors for life, and they will control your assets.

What I’m saying is, on page one they’re telling us news every bit as big as Roosevelt’s bank holiday, that our economy is being completely re-engineered and centralized on a scale we have never seen before. On page two, Britney Spears’ latest breakdown. On page three, Lindsay Lohan is taking her clothes off. So people don’t even realize.

Am I saying it’s time to get up, get pissed, get aggressive and protest? Not really. But it is time to know. Money serves its creators. That’s why the faces of their gods, and their alchemical symbols are plastered all over the Federal Reserve Note. It carries their mark, their brand. This doesn’t have to be a bad thing. Humanity was perfectly fine, and much healthier morally, before the creation of this thing called money. We can become that again, or even stronger, if we do not allow the banker class to stage-manage this economic collapse to their own ends.

Speaking of marks, brands, and branding, I plan to get into that in an upcoming post.