By very definition, ALL bank "lending" is inherently fraudulent. 1. Banks DO NOT "loan out" money. 2.
They do not "create money out of thin air" either (as Paul Grignon's film would have us believe). 3. The "Straw man argumentation" false-choice between either "Fiat money" and "gold backed money" is also a spurious and misleading piece of disinformation. Here is the "paper trail" of the money fraud. a. Money does not exist until WE the individual "sign it into existence" by the productive power of our signature, representing our energy, ingenuity and skills. b. The banks though, steal the "ownership" of that money "at birth", insisting that suddenly THEY are the money creator and "creditor", and that we are the "debtor" to them, even though they DID NOT LOAN OUT ANY MONEY, AT ALL, nor did they even provide ANY "Consideration" in the process, as is DEMANDED by Contract Law, were they to have ANY legitimate claim on that money as a creditor. c. The Banking System, then "securitizes" OUR signature on what is a unilateral "NON AGREEMENT". An "agreement", again by definition, needs TWO parties to AGREE obviously, and in order for a documented "agreement" to be valid, it needs to be signed by BOTH parties. Check your "Loan Agreement" or mortgage. See any signature from the bank on them? No, thought not. That is why they try to call it an "agreement" and not a "contract", because a "contract" so very obviously requires TWO parties, whereas we can simply "volunteer to", "consent to" or yes, "agree to" hand over money the banks. So they trap people through mis-selling ALL loans and mortgages, into "voluntarily" enslaving ourselves to their debt scam.
d. OUR signature on these documents is simultaneously, both OUR "Promissory Obligation" and OUR "Promissory Note", NOT theirs, and yet they sell these assets, multiple times over for their own pecuniary benefit and financial gain, all without our knowledge, consent, nor ever even a shred of financial benefit coming our way. d. To add insult to injury, and as if to rub salt into the wound, the banking system then insist that they take "risk" in this "forced money extraction process", and hence use that non-existent risk to justify the imposition of their most dastardly of scams ... the extraction of usury / interest on the sum of money that they never owned in the first place, and that they DID NOT "loan out" in the first place even. They have NO rights to this money at ANY STAGE. Interestingly, was there ANY mention of usury in that entire presentation? Really? So while I am all for highlighting some of the "peripheral issues", highlighted in this video, to a largely uninformed audience, this video ignores the "600 pound gorilla in the room".
If we are ever to achieve REAL monetary reform, then we have to stop skirting around the REAL issues by somehow trying to "pacify the beast" by promoting "alternatives" that STILL mean that a "banking system" retains its control over the levers of power over the issuance and application of usury upon that money. I know that Ben has addressed some of what he sees as the "faults" of Mike Montagne's "Mathematically Perfected Economy", but his comments are actually only book keeping and accounting suggestions, and they don't change any of the fundamentals of the by now proven theorum. It's not a theory any more. The mathematics is quite simply "done" and the logic in undeniable. Check out [Link] to see Mike's 40+ year old system that has been presented to (and ignored!) by every President since Gerald Ford in the 1970's. Given that governments and banking are virtually indistinguishable these days, that is hardly surprising. Mike is the original author of the proofs that ANY purported economy, subject to usury/interest ultimately terminates itself under insoluble debt; and that there is one,and one only, integral solution for : 1. Inflation and deflation 2. Systemic manipulation of the cost or value of money or property. and 3. Inherent, irreversible and ultimately terminal multiplication of debt in proportion to a circulation by usury/interest. If anyone is interested in finding our more about this remarkable man who was a mathematical child prodigy, then this is a good place to start. [Link] Here also [Link] While 12,000 homes a day continue to go into foreclosure, mathematically perfected economy would re-finance a $100,000 home with a hundred-year lifespan at the overall rate of $1,000 per year or $83.33 per month. Without costing us anything, we would immediately become as much as 12 times as liquid on present revenue.
Transitioning to MPE would apply all payments already made against existent debt toward principal. Many of us would be debt free immediately. There would be NO housing crisis and NO credit crisis, at all. Unlimited funding would immediately be available to sustain all the industry that we are capable of. We all want the same thing, I hope, so it would be great to think that this post is allowed to stay up here. Thank you
