Wednesday, November 28, 2007

How Bankers Screw You

I am constantly trying to find the words necessary to break through to you to explain how you are being exploited by the banking class using our fiat money system that was implemented in 1913. Basically their scheme involves printing up lots of funny money which they and their co-conspirators in the government and industry use to feather their nests. By doing this it causes prices for things like gasoline and housing to rise drastically. So home buyers scramble to finance huge home prices before they rise higher - which causes them to rise even faster. Then the Federal Reserve puts the brakes on by raising the interest rate and tightening credit requirements which causes a deflation in prices for housing. But you suckers have been locked into a mortgage, some with huge adjustable interest rates coming due, that you must pay for a home that is no way near that value in dollar terms. This is where the funny money goes people. All that extra money that the government, bankers and others get to spend right after it comes off the presses allows them to purchase what they choose. Then you pay the bill through the back door in the loss of value in your over priced mortgages.

This message to you free range slaves has been brought to you by Tomas Estrada-Palma.

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