In Las Vegas, all games are rigged to pay the owner a percentage, and they take in millions. The Federal Reserve bankers’ ‘game’ is also rigged, and it pays off in billions!” The founder´s of the FED introduced a crooked dealer (the FEDERAL RESERVE SYSTEM) into an honest poker game.
The world is a rigged game. The Bankers are playing a rigged game
They creates the rules for the game. They control both sides of the game. They can therefore lose nothing
All the American government institutions have an underlying principle of honesty and trust built into them. A system that is meant to do A and does B because of insider manipulation can manipulate profits to a select group of individuals but destroys trust in the system and the institution of government. We now have that working in the financial markets. Everything is “rigged” — currently to go up but can go down when the FEDERAL RESERVE SYSTEM and its bankers want it to.
Conceptually, these men introduced a crooked dealer (the FEDERAL RESERVE SYSTEM) into an honest poker game.
Further, they insulated themselves with black letter law in the Dodd Frank Act to make themselves the chief “cop” in financial regulatory markets. As a result, they made trillions of dollars but it was from billions of transactions among common people.
Our financial systems have become corrupt by design. The men behind the FEDERAL RESERVE SYSTEM and its banks created this system over a period of 100 years. They have changed laws because they know that laws and force are interchangeable. They needed force of law to cover their thefts.
They now have a view in mind that they have labelled and call “The New World Order”. It enables the illuminati dream of ruling the world using corporate fascist legislative control and communist philosophy population control. Now is the time to stop them. The Internet can provide the truth in many areas and can expose these arrogant men. Frederic Bastiat says it best:
“When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it.”
We are moving toward a dictatorship of relativism which does not recognize anything as for certain and which has as its highest goal one’s own ego and one’s own desires.
An Interest-ing Paradox
This concept has many names: the “Compound Interest Paradox,” the “Debt Virus,” and the “Impossible Contract Problem.” U.S. Senator, Jack Metcalf, (R-WA) has his own way of explaining this problem: “Four cowboys put up their belongings as collateral to borrow a deck of cards. The hitch is that each of the four must bring back 14 cards at the end of the evening — a mathematical impossibility (there are only 52 cards in all, that is to say, 13 to each.) In the end, one player ends up with only 10 cards and loses his belongings… That is the problem with the Fed. It creates money to make loans but it doesn’t create the money to pay the interest.”
“To grasp the truth that periodic withdrawal of money through interest payments will inexorably transfer all wealth in the nation to the receiver of interest, imagine yourself in a poker or dice game where everyone must buy the chips (the medium of exchange) from a ‘banker’ who does not risk chips in the game. He just watches the table and reaches in every hour to take 10 percent to 15 percent of all the chips on the table. As the game goes on, the amount of chips in the possession of each player will fluctuate according to his luck. However, the total number of chips available to play the game (carry on trade and business) will decrease steadily. As the game starts getting low on chips, some players will run out. If they want to continue to play, they must buy or borrow more chips from the ‘banker.’ The ‘banker’ will sell (lend) them only if the player signs a ‘mortgage’ agreeing to give the ‘Banker’ some real property (car, home, farm, business. etc.) if he cannot make periodic pay ments to pay back all the chips plus some extra chips (interest). The payments must be made on time, whether he wins (makes a profit) or not. It is easy to see that no matter how skillfully they play, eventually the ‘banker’ will end up with all of his original chips back, and except for the very best players, the rest, if they stay in long enough, w ill lose to the ‘banker’ their homes, their farms, their businesses, perhaps even their cars, watches, and the shirts off their backs!”
“Our real life situation is much worse than any poker game. In a poker game no one is forced into debt, and anyone can quit at any time and keep whatever he still has. But in real life, even if we borrow little ourselves from the ‘bankers.’ our local, State and Federal governments borrow billions in our name, squander it, then confiscate our earnings via taxation in order to pay off the bankers with interest. We are forced to play the game, and none can leave except by death. We pay as long as we live, and our children pay after we die. If we cannot or refuse to pay, the government sends the police to take our property and give it to the bankers. The bankers risk nothing in the game; they just collect their percentage and “win it all.” In Las Vegas, all games are rigged to pay the owner a percentage, and they rake in millions. The Federal Reserve bankers’ ‘game’ is also rigged, and it pays off in billions!” – Sheldon Emry. Billions for Bankers. Debt for the People. 1956.
A little-known feature of the world economic system also transcends the local economic system and traduces into “super imperialism,” a significant F of the FIRM: The financial control of the world’s economy.
This is laid out in economist’s Michael Hudson recently revised book, “Super Imperialism: The Economic Strategy of American Empire:'” He writes: The United States now rules not through its position as world creditor but as world debtor, making other countries lenders to itself simply by building up their own central bank reserves in the form of U.S. Treasury securities.
This rigged game of dollarizing the world’s central bank reserves has enabled America to flood the world with dollars without constraint as it appropriates foreign resources and companies, builds military bases and outposts, and imports foreign goods and services giving nothing in return except treasury IOU´s of questionable (and shrinking) value.
Rather than America’s debtor position being an elemental weakness, it has become the foundation of the world’s monetary and financial system. The rationale for America’s ability to retain its role as world banker and key currency status no longer reflects the 1945 postwar faith in its moral leadership in the rhetoric of open markets. Its diplomats have shown a readiness to play the role of wrecker if foreign central banks stop re-lending their dollar inflows to the U.S.Treasury. This is a complex issue, well documented in this important book. In biology and society, new forms cannot arise if there is no variety if there are no mutations in thinking that lead to new ideas to give us a chance to survive.
Richard Wolff, one of the leading socialist economists in the US, summarizes as follows: To preserve their accumulating wealth, large corporations and those they enrich wield ever more undemocratic power over the political and cultural realms of society. Their goals are self-preservation and self-aggrandizement.
These features of capitalism are all social failures in terms of justice, democracy, equality, liberty, and ecological sanity. Yet mainstream media, politicians, and academics doggedly act and speak as though capitalism were the obviously “optimal_ system to be continued, reinforced, and celebrated. By proceeding as though we are not in fact experiencing capitalism’s systemic failures, they perform their ideological assignments.