LESSONS FROM HISTORY

Thomas Jefferson Warned Us About The Banks…

thomas-jefferson-warning

Centuries ago, Thomas Jefferson apparently gave the American people this warning:

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”

Central banks (all over the world), are apparently using this method of conquest…

They have the power to create as much ‘money’ as they want. I put ‘money’ in quotes because more accurately it’s “currency”. The currency itself is simply fancy paper, coin, or more likely “digital digits” (nothingness – just a ledger entry). HOWEVER, they can use this so called money/currency to transfer into REAL tangible assets using the following method:

The central banks flood the economy with paper and electronic ‘money’. Because of this, prices of stocks, real estate, and other things rise.

Individuals and businesses get lured into the markets and put up their REAL assets (tangibles) as collateral for loans that they use to invest in the markets and elsewhere. People become overjoyed seeing their stocks rise during this phase. (Many or most people actually suffer during bubble economies because prices rise while their pay doesn’t keep up with rising prices – but this is rarely pointed out.)

When ‘enough fish have taken the bait’, the central bank will slow the flow of money while the well connected get out of the market(s). The nation(s) slides into recession as money gets sucked out of the economy. Foreclosures are everywhere allowing banks to get a hold of REAL assets like houses, businesses, and others.

During any debt restructuring (Greece for example), the central banks demand ‘structural reforms’ – essentially taking over the nation with no accountability from the people within. They demand privatization of things like public land, infrastructure, and utilities so that they can essentially be taken over.

Once the bankers own and control what they want during this round, they’ll let out an amount of money to flow through the economy again.

Repeat the cycle.

This same ‘trick’ has kept the wealthy and well connected on top for centuries. We should have taken heed of the warning from Thomas Jefferson as quoted above.

Note: The Jefferson quote (above) is widely attributed to Thomas Jefferson. With that said, there is some speculation that he himself did not write it. That aside, the words ring true, and regardless of whether or not Jefferson himself uttered the words, the truth has a certain ‘ring’ to it…

The thing is, it seems that it’s way too late to heed his warning. The asset bubbles (and debt bubbles) are peaking as never before on the planet. It seems only logical and inevitable that the last phase is about to be upon us, and it could be a crushing blow.

Prepare.

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Well if nothing else Ken sure knows how to keep us all fired up :-)

Dow Jones back ↑ to 18052.04
Gold ↓ to 1146.97
Silver (when you can find it) ↓ to 15.08
China Shanghai markets ↑ another 3+%
Gas ↑ to $2.774 average and on the way back up
And to top it all off, Mortgage rates are expected to start jumping as early as Sept, 2015 or at latest May 2016 as much as 1.5% in the first year alone.

Sure, the “dollar” is stable.
and how’s the prices of food at the grocery store looking for y’all?
NRP

OPPS, China markets DOWN another 3% not up.

A side note/question to Ken and the others….

If China holds the majority of the US debt, why are they not cashing in that debt now their country in is such a dire financial state?

Are the ‘World Banks’ and market manipulation likely to blame for the failing Chinese financial system and how does it affect America if it does fail? Will the US debt be ‘forgotten’?

Because what’s left of our economy is the only thing preventing their collapse.

When the ‘Shift’ is inevitable, then they’ll call in there chits.

Because almost everything people buy says “Made in China” on it, you dont bite the hand that feeds millions of your servants

We actually buy something like 47% of what China makes. They don’t want to see us go away.

Jefferson owned slaves, therefore you must ignore anything he ever said or wrote. Since he is from Virginia, I’ll bet he spent off time designing Confederate battle flags 80 years in advance.

Also, please note again that “your” US dollars have Federal Reserve Note printed on the top. A “note” is a debt instrument. Gold and silver certificates were actual “money”. Fiat is a scam.

Jefferson was a victim of the institution of slavery.
(hey! if this ‘victim’ crap works for pc’ers, why not for us?)

Your ability to hate America and those responsible for it’s founding has been assured by thousands of patriots, many of which died for your right.

The modern twitter head who has no knowledge of our history is amazing to me.

Why do you prep? Or do you?

What’s to worry, according to your leftist friends we are rapidly approaching utopia.

My God, I believe some of you people must be purposefully ‘Obtuse’.

You may wish to explore the definition of sarcasm. I did in fact not place a sarcasm tag, I will try to improve.

@cossack55, Glad you added that Post Script… History, as we of an age were taught, is not the full story -ever more so today…. Of southerners, 2% owned slaves by the Civil War; of them, 2% mistreated them. The Civil War was not about slavery, it was another attempted effort at Imperialism, from the still in use play book of Global Authoritarianism.

As for Jefferson, like Washington, he freed his slaves. There was also the southern indentured servant; the share cropper was to live in squalor, working in a feudal system which gave them poorer living standards than slaves. o…

actually Jefferson freed only a tiny # of his slaves

when he died he was DEEPLY in debt
and his slaves were sold off to pay his debts

at least that was the info relayed to us by the tour guide at Monticello recently

So you wouldn’t mind if you and your family were slaves for Obama and his like, as long as only 2% owned people like you? I’m sure only 2% of that 2% would rape your women whip your children.

I don’t think that otterwalks was saying that slavery was okay. It is a horrible institution that is still present in many places around the world. Slavery is one of the most awful things our country has ever allowed–even if it was only 2% of the people who owned slaves (and I haven’t verified that statistic). I believe that the point was that slavery is not what the civil war was about. Part of it, yes, but certainly not the only reason. A larger part was the rights that states have, as opposed to the federal government. Although I am extremely pleased that we stayed one country and that slavery was abolished, it seems like this gave the federal government the ability to make laws about things that should have been the states’ prerogatives.

Well what do you expect when the book that is the basis for 3 major religions no where BANS slavery, but instead condones and instructs on how to own slave. Exodus 21. https://www.biblegateway.com/passage/?search=Exodus%2021&version=NIV

But it was the white man in the form of Great Britain that finally banned slavery in 1833, but not completely
https://en.wikipedia.org/wiki/Slavery_Abolition_Act_1833

@Wendy, Thank you for your edified critical thoughts. Naturally I am against slavery. Why would I fight the NWO with my words if not?

I did not get into the depth and breath of the historic complexities of the Civil War as most have been taught flawed political and military catalysts.

That was off topic for this well done article by Ken. o…

“So you wouldn’t mind if you and your family were slaves for Obama and his like”— Starting to seem like this is ALREADY the case……….

Washington did NOT Free his slaves. When he died the ownership passed to Martha, with the string attached that when she died the slaves would be Free. Humm, seems George didn’t like Martha too much, after all when he died the slaves only had that old women in the house between them and freedom. I suppose she saw that too since she freed them, George’s slaves, but kept her own.
http://marthawashington.us/exhibits/show/martha-washington–a-life/the-1790s/slavery

Just read that Greece is no longer allowing safe deposit box holders to remove valuables. Hopefully you are not storing your valuables in a convenient ‘piggy’ bank.

It’s sounding interestingly close to Nazi Germany in the first days, no?

Unfortunately it does. Merkel & associates, Mazis?

Fortunately for Greece there are several other countries between them and Germany. It wouldn’t surprise me to hear that the Wehrmacht, er Bundswehr, and Banken SS are concentrated to the North and West of Greece as we speak. Wait. They are! Grin.

I’m surprised that Greece hasn’t received thirty day notice to pay up or get out of Europe.

Maybe the European Central Bank plans to send some Repo Men to collect. They could start with the Parthenon.

I remember hearing that if you owed the bank $100,000 the bank owned you. If on the other hand, you owed the bank a billion, you owned the bank. Greece owes a few hundred billion. Ten or eleven million citizens. A few hundred billion Euros. Take the short term pain and default. The pay off is shorter than most investments. They could really piss off TPTB and nationalize anything foreign. I would laugh my ass off if they did.

It’s occurred to me that many in the Prep Community must prefer to remain anonymous even so far as sharing thoughts on a harmless blog.

I’d like to propose another poll.

How about,,,,, “Why do you Prepare for an uncertain future”.

Maybe some choices:

Because George W. Bush might come back.
Because unfettered capitalism is ruining the world.
Because CO2 levels in the atmosphere are killing us.
Because women aren’t given easy enough access to health care(Abortion).
Because there aren’t enough Joseph Stalin monuments on our college campuses.
Because it’s not fair that Iran can’t have their own Nukes. (OOPS, took care of that one).
Because the Koch Brothers gave 250 Million $ to a NYC hospital.

I won’t give them all away. Lets have some fun with this.

Sure I’ll fall for the silly conversation

‘“Why do ‘I’ Prepare for an uncertain future?”’

“Hillary for President”, and she just might win. THAT covers it all.

* “Because George W. Bush might come back.”, After 7 years still on the Bush kick, Give it up already

* “Because unfettered capitalism is ruining the world.” Yea and we see how well communism & socialism work.

* “Because CO2 levels in the atmosphere are killing us.” That darn Global Warming/Global Cooling/Global Weather Change/Global Whatever, dang it anyways.

* “Because women aren’t given easy enough access to health care(Abortion).” No comment on that sick one.

* “Because there aren’t enough Joseph Stalin monuments on our college campuses.” Have you been to a Barack Hussein Obama or Hillary Rodham Clinton rally lately?

* “Because it’s not fair that Iran can’t have their own Nukes. (OOPS, took care of that one).” Yes the LIBERALS/Obama/Kerry sure did, and such a GREAT deal it is, God help us all.

* “Because the Koch Brothers gave 250 Million $ to a NYC hospital.” 100% write off on the Taxes… Smart move.

You got My vote for sure.

NRP, real name on record.

Are you serious ? My God man, do you not realize “Sarcasm” when you read it.

Geeze, maybe a disclaimer would be in order. Ah, Ken doesn’t allow fine print.

I know maybe grow a,,,,,,,,,, nevermind.

Why do you Prepare for an uncertain future?
Because it is uncertain.

Forgive me Ken. I responded to Ken’s presidents poll yesterday with, in part “it’s amazing that the most passionate expressions I’ve read/heard regarding the ‘Founding’ was from people who escaped a totalitarian regime” Please indulge me and read this personnel explanation. There are many but a great example. Quang Nguyen VIETNAMESE IMMIGRANT It looks like we did some good after all! On Saturday, July 24th, 2010 the town of Prescott Valley, AZ, hosted a Freedom Rally. Quang Nguyen was asked to speak on his experience of coming to America and what it means. He spoke the following in dedication to all Vietnam Veterans. I thought you might enjoy hearing what he said: “35 years ago, if you were to tell me that I am going to stand up here speaking to a couple thousand patriots, in English, I’d laugh at you. Man, every morning I wake up thanking God for putting me and my family in the greatest country on earth. “I just want you all to know that the American dream does exist and I am living the American dream. I was asked to speak to you about my experience as a first generation Vietnamese-American, but I’d rather speak to you as an American. “If you hadn’t noticed, I am not white and I feel pretty comfortable with my people. “I am a proud U.S. citizen and here is my proof. It took me 8 years to get it, waiting in endless lines, but I got it, and I am very proud of it. “I still remember the images of the Tet offensive in 1968, I was six years old. Now you might want to question how a 6-year-old boy could remember anything. Trust me, those images can never be erased. I can’t even imagine what it was like for young American soldiers, 10,000 miles away from home, fighting on my behalf. “35 years ago, I left South Vietnam for political asylum. The war had ended. At the age of 13, I left with the understanding that I may or may not ever get to see my siblings or parents again. I was one of the first lucky 100,000 Vietnamese allowed to come to the U.S. Somehow, my family and I were reunited 5 months later, amazingly, in California. It was a miracle from God. “If you haven’t heard lately that this is the greatest country on earth, I am telling you that right now. It was the freedom and the opportunities presented to me that put me here with all of you tonight. I also remember the barriers that I had to overcome every step of the way. My high school counselor told me that I cannot make it to college due to my poor communication skills. I proved him wrong. I finished college. You see, all you have to do is to give this little boy an opportunity and encourage him to take and run with it. Well, I took the opportunity and here I am. “This… Read more »

Fantastic story Sober_truth, Thank You

Mr. Nguyen among thousands and millions of others are living proof, that legal immigration works. We all should be very proud of Mr. Nguyen, not so much with the likes of Juan Francisco Lopez-Sanchez who was actually a seven-time felon who had been deported 5 times living in a Sanctuary City and released. Gata just LOVE those unprotected borders.
NRP

Thank you for your response. I never thought I was alone,,,,, but actually started wondering.

Thanks again.

Take a stand people. It’s more than being prepared.

That and the federal government employee that, in effect, provided the killer with the weapon.

Why is it when government employees really screw up they are not held accountable? No, they get reassigned to an equivalent or better position. It’s not too late to Jennercise them. Improve the breed.

Amen

Amen!

Certainly

The banks are not the reason that Greece is deep in debt and will now have to suffer for their socialist sins. The banks are not the problem any more than guns kill people. The politicians are the problem. They tell the banks what they can do and what they cannot do. We are printing money because the administration has ok’ed the printing of money not because some banker or fed administrator wanted to print money.

A great example of Greece’s socialist sins is Hillary’s speeches to her base. If she is elected she will happily implement socialist polices to tax and spend YOUR money to buy voters and keep them in booze and drugs with food stamps. It is leftist, socialist politicians who have caused these problems.

Although I totally agree with everything you state, I must point out that one of the most devastating things to have happened to our federal deficit was due to George W. Bush implementing the medicare drug plan. And he did this for the same exact reason why Hillary C. proposes her socialist projects: to get votes. Both the R and the D parties have found that the easiest way to get votes is through bread and circuses, and this is our demise.

The R party is much worse than the D party because they campaign on conservative values, win landslide elections, and then partner with the D party to install socialist programs. This is one hand working with the other. The D party tells you what they are going to do and then they do it. The R party says they will stop the D party only to get elected. They are liars. They golf together. They drink together. They share the same prostitutes. Both the D & R parties are whore-mongers.

Again… I agree. We have been sold out! Wish there was more on Jade Helm. This is more significant than we realize.

There is no R party and D party. Neither side of our government gives a damn about you or yours. They care about lining their own pockets and that’s it. Both sides sit there and laugh as people point at the other and blame them for the problems we are in today which stops them from looking further to find the real problem. It is called divide an conquer and has been used by governments for hundreds of years. They are 2 cheeks of the same ass folks. WAKE UP

The deficit under Bush was decreasing each year until a Democrat majority congress was elected. The federal welfare bill is about $1.2 trillion a year. THAT is the reason we have a huge national debt.

As I said: “one of the most devastating things to have happened to our federal deficit…”, not the only.

Milbank and Deane 2003: Even before Bush’s ink on the bill was dry, the two political parties prepared to make the issue a focus of the 2004 elections. Bush, who defied conservatives in the Republican Party by backing a massive increase in a federal program long championed by Democrats, heralded the act as a strengthening of “compassionate government.” And Democrats, calling the legislation inadequate and harmful to many seniors, drafted substantially more generous prescription drug coverage and vowed to “take back our Medicare.”

Like I said, partners in crime.

George Washington and his soldiers fought the greatest army of its time in the winter in their underwear without shoes so Thomas Jefferson could write the Declaration of independence and James Madison could write our Constitution so we could live as free men and women. We have given up far too many freedoms already. The scum that are in office attack our rights all the time that took an oath to uphold and defend the Constitution should at the very least be impeached for violation of oath of office! The patriot act violates the 4th amendment, gun laws violate the second amendment and net neutrality violates the 1st amendment. Our founding fathers even worked for free because it was considered an honor to be in office and serve the people. Look what we have now they vote on giving themselves raises. Could you even begin to picture walking in to your bosses office and telling him/her you’re giving yourself a raise ? There is something they just don’t get and that is WE THE PEOPLE are the bosses.

One thing is for sure.
Ken really knows how to get the responses out of us all.
The commentary and comments always are full of passion and good debate points. And, even though at times not knowing it, a lot of Sarcasm. :-)
NRP

Evidently it is also difficult to properly quote on of the Founders. Ascribing a spurious quote to a respected figure is dishonest or at least clickbaiting.

John Adams Quotes on Government

“Our Constitution was made only for a moral and religious people”. It is wholly inadequate to the government of any other.”

– John Adams

Ben Franklin : They that give up liberty for temporary safety deserve neither liberty nor safety.

I admit my poll suggestion was more than a bit ambiguous. My point is this; apparently (based on posts) that the prepped community is flush with leftists.

I wonder why when we are so close to utopia with ‘The One’ running the show.

New suggestion: “Why do Leftists Prepare”

My suggestions (pick one) remain the same.

“It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.”

-Thomas Jefferson

if an unforeseen crises comes along and no money to pay property taxes on land you already own and prepped, your gonna get the boot.