The Real Debt Debate isn't Happening
March 3, 2013
This article updates "Piggies Squeal While Illuminati Tighten Noose" (June 24, 2012) Truth doesn't
change just because we ignore it.
The US was pulling out of recession because, unlike Europe, it did not embrace austerity. But with sequestration, that threatens to be undone.
"Economic crises have been produced by us for the goyim by no other means than the withdrawal of money from circulation."
-- Protocols of Zion, 20
by Henry Makow Ph.D.
The $85 billion in decreased spending mandated by "Sequestration" is another example of how we are accomplices in our own enslavement.
We need to stop playing the fool in this charade. If someone tried to charge us a penny for every breath we took, we would rebel. Oxygen doesn't belong to anyone. It is our birthright. The same applies to the money supply (currency.) It is a medium of exchange, like a coupon. It is created out of thin air, and has no intrinsic value. Its value lies in what we can exchange for it.
Just as we are entitled to breathe, our government should be able to create money without incurring a debt to anyone. But under the Federal Reserve fraud, it appears as "debt" to the private central banking cartel and needs to be paid back with interest. This is the real debate and it is not happening. We should rebel. The government does not need these bankers to create the money supply.
As we have seen clearly, the money supply is the tonic needed to make the economy grow. It is oxygen to the fire. Grow the money supply- grow the economy.
Inversely, according to Bloomberg, "the $85 billion in spending cuts are expected to reduce U.S. gross domestic product by 0.6 percentage point in 2013. Yet this observation is misleading: The actual economic damage is compounded by the other deficit-reduction measures that have already slowed growth, including a 2 percent payroll tax increase. All told, economists expect the sequestration plus last month's fiscal-cliff deal to slow the pace of GDP growth by 1.5 percentage points. That's no small change for an economy growing about 2 percent a year, particularly one that appears to have lost steam in the fourth quarter of 2012."
"Consumers, who last month began paying an extra $15 a week on average in payroll taxes, are already feeling the pain. Wal- Mart Stores Inc. (WMT), Burger King Worldwide Inc. (BKW), Darden Restaurants Inc. (DRI) and Kraft Foods Group Inc. (KRFT) have lowered earnings forecasts because of sluggish sales. The National Retail Federation says it expects almost 50 percent of consumers to curtail spending because they have less take-home pay. The gloomy spending mood is perhaps best summed up in internal Wal-Mart e-mails obtained by Bloomberg News: "Where are all the customers? And where's their money?"
Elsewhere the Office of Budget management has warned that the spending decreases will be "deeply destructive" to the economy and defense.
I am not an economist and therefore not in the thrall of the central bankers. As I have said before, there should be no such thing as "sovereign debt." Currency (credit) is just a medium of exchange like a coupon. Governments can create as much as they need debt-free to make the economy hum. Markets will determine their value relative to other currencies.
But the Illuminati bankers have created all currency in the form of a debt to them. Our society is wholly complicit in this fraud. Everybody in position of power or influence owe it to their collusion in this racket.
It is not American, Greek, German, French or Spanish banks that are getting the bailouts. They all got the virtual "money" from the Illuminati families. The banks are just fronts for these families.
These families don't need the "money" back. It was created out of thin air. Debt is just a mechanism for plundering what's left. The taxpayers of these countries are being saddled with this fictional debt and becoming debt slaves.
By accepting this fraud, they are enslaving themselves. The Illuminati bankers instigated 9-11 as a pretext to erect the prison walls. Now they use debt to built the prison cells.
I am not advocating wasteful spending but rather expanding the money supply at a rate necessary for economic health.
As we have seen, the Cabalist Jewish bankers (the Illuminati) have a long-range plan for the ascendance of their "Messiah." Actually the anti-Christ, he will be "the King of the Jews" to be selected from the House of Rothschild. Most Jews are not privy to this plan.
The Illuminati Jews realized it will not happen by itself. The first step was the re-establishment of the State of Israel. The Rothschilds did this by colonizing Palestine and engineering the Dreyfus Affair and Nazism.
Now, the Rothschilds will bend the nations to their will by means of debt. Moses relates the basic principle in Deuteronomy 15:6: "Thou shalt lend unto many nations, but thou shalt not borrow; and thou shalt reign over many nations, but they shalt not reign over thee."
The book, Elijah, Rothschilds & the Ark of the Covenant continues: "Note that this is not a suggestion given in the Scriptures. It is a command from the God of Israel. Lending upon usury is how to possess the land." (175)
"Lending on interest for consumer and emergency needs became a virtual Jewish monopoly in Western Europe between the 12th and 15th centuries...As security, real estate was most preferred. In this way Jews acquired in pledge houses, vineyards, farms, villages, castles, towns, and even provinces. " (177)
"The rise of absolute monarchies in Central Europe brought numbers of Jews into the influential position of negotiating loans for the various royal courts. The phenomenon of court Jews now continued into Europe. The nost famous included Lehmann, Oppenheimer and Goldschmidt in Germany and Austria." (180)
"Jean Izolulet, a member of the Jewish Alliance Israelite Universeile wrote in 1932: 'The meaning of history of the last century is that today 300 Jewish financiers, all masters of lodges, rule the world." (183)
"Vatican City came under Rothschild influence in the early 19th century...Pope John Paul II admitted the Roman Catholic Church is still tied to the Rothschilds...In Sept 1979, the Pope revealed the Church had $50 billion invested in various Rothschild banks..." (191)
We have the dubious honor of witnessing the consummation of a centuries-old plan for world tyranny based on satanic megalomania and demented Biblical prophesies.
The Illuminati could not succeed without our determined self-deception and collaboration. Humanity is infected by a death wish.
Our would-be masters are proving that we are too venal, craven and stupid to be prosperous and free. They have ensured humanity will miss its Divine Rendezvous. However, there is still hope for some individuals.
Related - Greece Edges toward Guerrilla War
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Henry Makow received his Ph.D. in English Literature from the University of Toronto in 1982. He welcomes your comments at