Weird Stuff on the Net...

Comments

Wow this is something else. I took a look at the site and must say that it is very intricate. I tried reading some of it and found it to be soo full of jargin that I am not sure what I was reading. It definitely is not for light reading and requires strong concentration.

ps your tags lend me to wonder if you are seriously impressed with this guy and his site or if you are being tongue-in-cheek about the whole thing.
People hate a word that describes it, so I'll say government has increasingly run by Big Business over the past 30+ years.

A little guy (let's pretend he wasn't a local Bernie Madoff Wannabe) is never going to get away with it, not in this country, not now.
Slightly worried about going to that site from my current place of employment.

Actually, this was the result of writing this late at night. It was kind of like word assocaition rather than actual tags... LOL.

But, yeah. The guy is very interesting. I told the wife that we should consider this for our motorhomes. Since I can't really sell them or take a huge loss right now, we either keep them and struggle the next many years, file banckruptcy, turn them in and take the credit hit or see this guy. For $200, and the chance of this being paid off, sounds like a top option...

I picture this guy as being shot or something. I also know that they don't want this to go to court because of the repercussions. Not to mention that the whole of the economy would fall apart even worse if everyone hopped onboard with this. Seriously, there is only 3% of money in circulation, the rest is a computer record or ledger entry. 3%. If you collected all the money everywhere, due by anyone, you'd only have like $300 billion, far short of the $3 trillion in deficit.

Very scary crap... But for right now, I'm looking at this as, why not?

Hey, I say why in the heck not, too!!!

People should be able to start a bank shouldn't they? The economy has pretty much crapped the bed anyway, let's see what more fun we can have with it!
It's ok, we won't tell... LOL

That's one of things I was reading about. There are also several videos. Our Country requests money, gives the Central Bank bonds in equal exchange for money. No actual money is created, only these treasury notes. Read the top line on a dollar bill... Federal Reserve Note... It's called a dollar BILL for a reason. LOL. They generate "money" based on debt. Out of thin air. Oh yeah, I like that. Until someone comes asking for payback and there's nothing in the cookie jar.

I'm all for what this guy is doing. If he can do it, why not everyone? We could all be our own personal bankers. Couldn't do a worse job than the current system. By the way, one of the interesting things of note is that you are legally two people. You the regular person and you the corporate, fictitious entity. Notice how your governmetn documents and even most all banking and credit documents are all capital letters?

That is for you the fictitious entity. He registered for control over his own self, the fictitious entity. This is secured by your birth certificate, which is also registered in all caps, your social security card, which is also all caps... Very bizarre... And very scary...

to be a ''bank'' you have to prove that you are making loans and paying interest if he doesn't do this in a reasonal amount of time they will shut him down..there are enough rules in place to catch him..if there wasn't even people from other country's could come here and start their own bank's ...
Possibly, but under what he's written, the rules ehre are vague because that's how they were initially setup. We have these accounts available, just wainting to be claimed by us. I'm not sure on the banking regulations of collecting on debt though. Is there a minimum interest you can charge? I mean, credit unions charge much les than banks and credit card people charge such high interest, who sets that? Is it like gas prices? They just figure they'll set it here and see what happens? So many questions...
if this is left to stand there are too many people that will try to start their own bank including people who's only purpose is to undermine this country,there are already people who have set up co-op's that are borderline legal but are allowed to operate because their intensions are good ,but this private bank idea has too much of a chance for abuse

But again, whether popular or not, does he have the legal right to do this? Is he operating within the law? Is this illegal?

The Country has no tangible assets, the money that is out there right now is only 3% of our National Debt. If they collected all the cash available right now, it wouldn't even pay off the principle balance ot that debt. Our entire economy is based upon a giant pyramid scheme. And this guy is different than the banks how?

there are hopefully enough laws and regs. to keep him from causing trouble
Seriously though, is what he doing legal? It appears to be. Isn't he doing what any normal bank would do to get themselves set up? He can charge whatever he'd like for interest, so could you. How many people do you know who could benefit from loans that the bank won't give them? Wouldn't that then, in turn, stimulate the economy more?
it has to much of a chance for abuse,the quickest way to destroy a country is to control its economy,and thats what some people are able and willing to do with private banks.banks giving away easy loans is what got us into the bank mess were in now,with many people crying they didn't understand what they we doing,and others taking out loans they were never going to pay back.this guy your talking about might be a decent guy but others would not have the same morals,there woudn't be house ''flipping'' there would be bank ''flipping''
If the system is so broke, then why is it not being fixed? How can all moeny only be created from debt? Why isn't there enough cash on hand to ever pay off the National Debt? How have we all allowed this to go on for so long like a giant pyramid scheme?
hey i know theres alot of debt,clinton is the only one,in modern times that came close to balancing the books,but in some ways you can look at it this way,if you buy a house and car you can't turn around the next day and say look at all the debt i have.you have invested for the future..the only way clinton evened out the books was by not buying anything which is a false criteria.the goverment needs to be more responsible and everybody knows that's not going to happen with a socialist pres. or a democraticly controlled congress.they are on a spending spree right now.when iraq and afghanistan can stand on their own and we have a goverment that wants to pay as they go, we will have a balanced budget,

Again, is what he doing illegal? I don't see that it is. I see him as taking the opportunity to do someting that the banks don't want him to do. I see the law enforcement being used as tools of the banking industry to enforce laws that are not true laws. I see a house of cards, a pyramid scheme. As one of the references I looked through said: In slavery, you have to won the slaves and house and feed them. In our society, you own the workers through the money system and they have to house and feed themselves.

the fear of banks is that they will make slaves of everyone,up to and most likely surpassing the old debtors prisons,your children could be paying off your debt's for years to come..there are still people in this country that will not buy something unless they can afford to pay cash,they are completely of the grid and they like it that way.our goverment was formed for the purpose of making are lives better,that we can go into a place like new orleans and save lives is what the goverment is all about, but even there greedy people tried to make money off the survivers and the goverment.too many people see the goverment as a uncle with deep pockets or the heavy hand of god,it's not either and should never be used as such.it's soul purpose is to protect,thats all....if this guy wants to start aneighborhood bank and keep it quite,off the radar,then he's welcome to it,alot of people already do it. but if he wants to start a ''brick bank'' he has to play by the rules that are in place.this is probly the best time to start a new bank if he's honest and smart it's just what the country needs,but the rules are there for a reason they help more then they hurt
Good points. Problem is that the banks already own it all, even the government. Yet I wonder, with the entire economy already based on a sham, how much longer can this endure? It has been statistically shown that economies based upon this design are apt to self implode. The value of a dollar back in 1913 was worth a whole lot more than one today.
one thing i agree with that obama has at least given lip sevice to is that america needs to start producing things not only for our selves,but things that other country's will buy,because alot of our economy is really a sham and that only lasts so long..but reagan was the one who said lets make ''made in america'' mean something again and i don't really see it happening yet..

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Kzinti

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Kzinti
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