The Ascent of Money (and what it’s done to US) (257 hits)
PBS has an excellent series called "The Ascent of Money" that provides a fascinating discussion of the origins of money, and how it has been used by elites to affect the course of history. The French Revolution, the Battle at Waterloo and the US Civil War are rarely discussed in terms of the role of the financiers in general. One family that is discussed is the Rothschild’s, who were pioneers in terms of developing the role of the modern financial barons.
From the series:
“The evolution of credit and debt was as important as any technological innovation in the rise of civilization, from ancient Babylon to the silver mines of Bolivia. Banks provided the material basis for the splendors of the Italian Renaissance while the bond market was the decisive factor in conflicts from the Seven Years’ War to the American Civil War.”
Now, take that into consideration before watching this next short clip. This is a discussion of how the Federal Reserve has secretly funneled three trillion (that is not a typo) dollars of taxpayer funds (some in real funds, others in borrowed money the public will have to pay back with interest) into a Goldman Sachs engineered bailout. At issue here is, if wealthy interests can have this much control over congress and the Treasury, and make secret backroom deals, how much of a democracy do we really have? Is what is visible to us, in terms of Congress doing its job of legislating just the surface kabuki show for all the rubes, while the real machinations go on behind the scenes and without the consent of the voters? You decide.
The Treasury and other financial departments and programs of the federal government are riddled with Goldman Sachs alums. Hank Paulson, Bush’s Treasury Secretary engineered the bailout and put in place many of his people to administer the bailouts.
Essentially, the same forces that have been manipulating governments and undermining democracies behind the scenes with money have a long history. They’ve been able to hone the process over the centuries and today, with technology and an increasing lack of integrity of our political leaders, what they haven’t been able to steal out right, they buy.
My question is, are we stuck with this, or is there a way out?
This a very powerful subject Clark. Frankly there is so much we are in dark about when it comes through to the light, still we find that many are caught up in the typical webs of money and ties it binds. I'm very skeptical of money dealing. Then too, I admit there is so much unknown about where it's leading government, men and nations. Watching this program may give me more insight of what I never pay much attention too under the suface.
Saturday, July 18th 2009 at 6:19PM
MIISRAEL Bride
Thank you for this post Misreal. It's amazing to see all this madness with the economy taking place and some of our people still acting like they don't give a damn what's going on. I know it's probably because we all think we know and understand how money is created and what money actually is. I never thought I would have to use my degree in Business Administration and Accounting to figure this out but the system is getting deeper and deeper by the minute and once you research enough you find out that it's possibly the biggest scam ever.
Say I'm going to get a car. The bank agrees to do it and I sign the contract to agree to pay the bank $25,000 plus interest for the loan. If I get loans the bank makes it seems like we are borrowing money from them but truth is banks can't loan out money from their depositors or from their assets and they can't loan their credit because it's illegal. Now if the banks can't loan their credit you tell me how the hell did they get the money it claimed it loaned us?
The answer is our signature on the contract which is a promise to pay. The bank then went to the feds and exchanged our promise to pay for federal reserve notes. The money didn't exist until we gave them our promise to pay.
You also need to understand that under the General Accepted Accounting Principles(GAAP) "anything accepted by a bank for deposit is considered cash". That's the basics of how the banking scam is ran and should give you an understanding for when you hear things like the fed creates money from nothing.
Now if you know that much you know the bank didn't loan you nothing & that you created the funds for the loan & you shouldn't have to pay back nothing because your promise to pay which you gave the bank is what allowed the bank to get the money to begin with. I know for some of you Brothers and Sisters that this is very scary but once you master the General Accepted Accounting Principles (GAAP) it DOES NOT allow one to be lost.
So I'm gonna leave you Brothers and Sisters to ponder over this amongst yourselves. And later I'm gonna drop a similar video on this subject for the young bucks out there that wanna spend their time buying Gucci and Louie but don't wanna READ.
Clark, I believe the topic of the Racheal Maddow program (which I am listening to as I type this)could very well fall right into what you have said about the deeper you dig the more it seem on must dig. because Racheal has me totally confused and lost in how she is finding the ins and outs (and there are many)of that almost $100,000 :gift or severance pay or illegal spending of campaign fund money has come from: Senator Ensign , his parents or the Republican party to his mistress and her husband. All of them and his office staff are changing their storys!
And, if this is not bad enough it now seem that the Senator / his parents may end up on a tax evasion leagal mess to boot! Yes, Rachael did show the tax boxes that were checked as no gifs being given in said amount of pay off.
yesterday, I even heard how the semator may be sued for s*x discrimination in the work place. I can not figure if it is the mistress or the husband thinking about suing or if it will be against the Republican campaign office or the senator's office or not...
I have brought all of this up because most of the time it takes major a disaster, major scandal or just running for office in politics and even some divorces to get the public to be able to get to the bottom or an even chance to find out what is really going on in any agency or government or country when those at the top are the main culpits...CRIMINALS(smile)
for example, does anyone know if we even have any gold in Fort Knox?!?I have been bothered by this every since people from other countrys began to refuse to get paid in our money...
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
Now down to brass tacks and how we will be able to come out of this all around mess our country is in...
We have got to stop saying what our government has gotten us into, because the average, regular voter along with those who do not vote are the ones responsible for this!!! So as soon as we stop saying what the government, politicians have done,,,how about we change this to WHAT WE HAVE ALLOWED THOSE AT THE TOP TO DO TO US AT THE BOTTOM!!!!!!!!! This is because the 'majority' always rule and you my brothers and sisters who are not millionairs, and multi-millionairs, and billionairs are the majority!!!! so lets get busy and get to work making each and every one in any political office begin to work as we voted them into office to do and pay them with our tax money...YES WE CAN(smile)..end of lecture,LOL
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
Siebra, now that you have brought up the subject of BANK..here is what happened to me. My bank was Washington Mutual. I became sort of confused when I began seeing the name of my bank being mentioned as going up and down as the stock market did. but, I did not get really concerned until they gave out the link to go to to find out your bank's ratings in the safty net. Well, in doing so I found out not only my banks history but how nine of them had been closed in Chicago alone! The state of Ca. do not have any Washington Mutual banks. Our nehborining state of Navada does, but not us...This led me to notice something I had never noticed before, My bank did not have the word B-A-N-K on it's name on the building that I had been banking in for years since they took it over from the bank that was there.It said Washington Mutual and that was all. My bank in reality was A WaMu, which is the credit card part...now this is a scam....Banks not being even banks...and that B.M. is the only one that got billions from unsupecting peoples being in prison alalone????????(smile)
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
