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[MindMover]

This message was self-deleted by its author (MindMover) on Mon May 14, 2012, 04:06 PM. When the original post in a discussion thread is self-deleted, the entire discussion thread is automatically locked so new replies cannot be posted.

[CK_John]

1. Someone who doesn't believe money is a concept. nt

[dmallind]

2. Yes by all means let's all create credit

I'm now a quadrillionaire. Bet you are too, at least. Let's see what happens to prices.

[MindMover]

3. Must be a banker....if you read the entire post you will understand more about....

what can happen....and credit is just one aspect.....

[dmallind]

35. Your words pally "anybody can...."

If anybody could, my prediction is a certainty.

[cali]

4. No. I bank with a small vermont bank that is run responsibly

[MindMover]

22. 3-1, 5-1, 7-1. 10-1.......?

which lending rate is your responsible bank lending your dollar at....?

[sufrommich]

5. "Banking is part of the Babylon Mystery "

What does that even mean?

[coalition_unwilling]

6. It's a mystery to me :) - n/t

[sufrommich]

25. Ah, The Rothschilds, of course.

[MindMover]

27. Agreed that most conspiracy theories are more than laughable.....

except the ones that spit right in your face as you are LOL, like climate and finance.....

and they are made to look laughable so that they are easily dismissed by general population....

and, I was only answering the question posted about the Babylon mystery....

[sufrommich]

33. You post anti semitic crap here and

expect anybody to do anything other than point and laugh?

[MindMover]

36. So is everything about banks anti Semitic crap....?

[sufrommich]

38. No, not everything is, but your crap is. nt

[NoPasaran]

39. Not just the Rothschilds

The Clintons too. And Henry Kissinger. And "Washington consigliere" Vernon Jordon. It's like the world series of woo.

[Vanje]

32. There may or may not be reasons to avoid banking

...but this link is End-Times horse shit

[bhikkhu]

8. I've been reading this stuff since the seventies

...the whole "banking is a con-game doomed to collapse", whether its run by the Jews or Bilderburg the Trilateral Commission or Wall Street or the 1% - whoever.

40 years and it hasn't collapsed, so I'm not getting too worked up anymore.

The one metric you could look at is standard of living, the basic economic health that the banking sector is supposed to foster. I can't say that my standard of living has changed greatly over the last 40 years, except perhaps by technological development, but it is a very good standard by global and historical measures. One thing that has changed is that literally billions in developing countries have risen from bare subsistence to a reasonable level of economic health. If the grand conspiracy controlling the money supply is careless enough to let that happen, then they aren't the big bad wolves we have been led to believe. If they are somehow a cause of net standard of living increases, then their own PR is accurate, and the OP is some heinous BS that would seek to undermine real progress.

[MindMover]

9. You evidently are writing from a secure and safe position....

with no foreseeable catastrophic financial events happening to you....

and to say that in 40 years you have not seen a collapse is really disingenuous, as there are tens of millions of Americans walking the streets searching for employment, thrown out of there homes and literally begging for food.....

I ask where were you when we the American taxpayer gave away and lent 16+ Trillion dollars to corporations and banks all over the world to "what was said at the times, the worst financial situation since the Great Depression."....

you might be sitting at your paid for home, hopefully a farm where you can grow something to eat for you and your family.....

stating untrue things like "literally billions in developing countries have risen from bare subsistence to a reasonable level of economic health."...... when people all over the world are in there streets screaming for equality.....

Yes, you are right, there is a conspiracy going on.....

[DainBramaged]

10. What if you don't have money?

[MindMover]

11. Bartering will be part of the new paradigm.....

but there will always be some form of money in advanced societies....

http://www.barterquest.com/

[DainBramaged]

17. (sigh)

ok, sure, apocalypse now.........


doom and gloom. Basically, this shit has never proven right, so have fun.

[MindMover]

19. Doom and gloom is a video game isn't it...?

Ain't no gloom and doom here.....

You can look out your windshield while you are driving to your work and see lots of doom and gloom but not from this writer....

Just the facts here.....

[jeff47]

12. No, the bank did not create that money when they issued the mortgage

The bank actually had the money in their vaults (electronic or physical). It got there because the bank borrowed it from depositors and the Fed.

[MindMover]

13. We are the depositors and the Fed.....

in other words, We the People lent or gave the bank the money.....

[jeff47]

14. Yes. They act as money concentrators.

100 people with $100 each can't issue a mortgage.

Those 100 people can deposit their $100 in a bank, which can then issue a mortgage.

[MindMover]

15. Which right now, they are not issuing a lot of mortgages....

after we bailed them out, to the tune of 16+ Trillion.....

Why do you think they are not issuing mortgages....?

[jeff47]

28. Because they haven't worked through all the foreclosures yet.

And all the underwater properties would make them insolvent if their owners did the smart thing and walked away.

The nice thing is demand is still out there, so a lot of smaller banks are getting a lot more business - they aren't as exposed. A small local bank here has "We have money to lend!" signs up on their 3 branches.

[Zalatix]

16. Hooray for dollar devaluation! Seriously.

When the dollar devalues against the Brazilian Real and the Chinese Yuan, that will put a solid and definite end to the offshoring of American jobs.

Made in the USA will be seen in every store around the world. Call centers will relocate back here. It will be an absolute renaissance for the working class.

If anyone gets taken down a notch it will be Brazil and China whose jobs will be outsourced back here.

[MindMover]

18. To some extent, I believe you are correct in your assumptions...

however, Brazil and China will not lay down and roll over like Frido did.....

[Zalatix]

20. They won't have a choice.

If the dollar tanks their only method of retaliating is to devalue their own currency in kind.

China is notorious for competitive devaluation but they couldn't keep up the pace if the dollar tanks. China (and Brazil, for that matter) would have to hyperinflate. I think we all know the consequences of that.

[MindMover]

21. So because the dollar is "relatively" strong now....and...

if it does weaken (devalues) then what do you think happens to wages....?

[Zalatix]

41. Wages will go down relative to inflation but will go up due to increased demand for labor.

It'll be a boon ESPECIALLY for the unemployed. Doubly so because America's exports will SKYROCKET.

[RebelOne]

23. My money is staying in the bank.

It is a lot safer there than under the mattress.

[MindMover]

24. Safer in a bank....?

I really do not know what to say....so I will just use a graphic.....look at this video 16+ times and you will start to understand the size of the problem....and that is just the latest......

This post says that just the business needs to borrow another 28 Trillion....????

http://www.democraticunderground.com/111612965

[jeff47]

29. As long as the deposits are below the FDIC limit, then it's safe in the bank. (nt)

[Odin2005]

26. Tin-foil Liberturdian BS.

"Babylonian Mystery"?
Calling Fractional Reserve Banking a scam?

Yep, BS. I bet this guy thinks "Jewish Bankers" run everything.

[MindMover]

30. Who posted "Jewish Bankers" first.....?

YOU did.....

[Odin2005]

34. another poster mentioned that this idiot rants about the Rothschilds.

Most people who do that are usually Anti-Semites.

[MindMover]

40. Thank you Lord, "most people are not pregnant"....just because I am.....

[Zalatix]

42. If your beef is not about Jewish bankers then I say we simply drop this Jewish banker talk.

And you're right, you weren't the first person to mention it. Even if at some point some coincidentally Jewish people were involved in the corrupt side of banking, almost every race is involved now, so it's pretty much irrelevant.

[adigal]

31. My friend's elderly sister and husband just died - had tens of thousands in cash

all around the house. It sounded crazy, then I thought about the money they didn't lose in the stock markets or a 401b account. Maybe not so crazy. The reason I keep my money in savings is because it is insured under FDIC. I took it all out of my 457 account, and would love to find a really safe place to put it.

[dmallind]

37. And how much they didn't gain....

...just pissing away 2-3% of their real purchasing power every year...

[adigal]

43. I don't know, my husband's 401 lost 1/2 of its value in 2008

and it has still not recovered.

[cstanleytech]

44. Yes of course a rush on the banks!!! I mean what can go wrong? Well other than what happened in 1929

[LeftishBrit]

45. 'Anthony Migchels for Henry Makow'?

Have you any idea who these people are, or how truly evil they are?

Migchels is a big poster of crap about the 'Illuminati', and is blatantly antisemitic. See (if you can stand it) an article that he wrote on the blog hercolano2, entitled 'Yes, the money power is Jewish; and full of nuttery about 'Jewish supremacism'.

Makow is also antisemitic, and is also sexist, racist, homophobic and right-wing in every possible way. His articles - which I discovered through a link to whale.to that someone 'helpfully' posted a couple of years ago, include such lovely titles as:

The Illuminati Conspiracy against God

The Devil's Work: Feminism and the Elite Depopulation Agenda

How I became a Mensch: After Feminism Stole my Identity T

The CIA, Homosexuality and Underdevelopment

Does a Satanic Cult Rule the World?

"Protocols of Zion" is the NWO Blueprint


And one called "Tolerance": A Devious Attack on Your Identity

including such lines as:


"
For centuries the Masonic central bankers who control Western society and culture have been pushing "tolerance." Why?

...The four major collective forces are: Race, Religion, Family and Nation. They are the four pillars of our human identity.

How do you undermine them? Certainly a frontal attack would meet with spirited resistance. Instead you promote "tolerance" which destroys these collective forces by erasing the differences between them...


ZERO TOLERANCE FOR HETEROSEXUALS

In the one-race, one-religion, one-world government, we are to have one sex as well. The bankers are creating a homosexual society by blurring the line between masculine and feminine...



Some psychologists protested this banker takeover. One was Ray Johnson, who wrote that the APA "has been seized by political activists who have little regard for science or the democratic process. Since the seventies, the American Psychological Association has lobbied the government, filed court briefs, and engaged in and promoted boycotts on behalf of ..the ERA, unrestricted abortion (including abortion for children without parental notification and consent), sex and racial-ethnic discrimination, and homosexual politics."'



Very suitable for progressive consumption, I don't think!


And as regards the specific content: bad as most of the banks are, a sudden run on the banks usually has less than brilliant consequences for the economy, as shown by several occasions in history.