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Brisco

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Brisco last won the day on May 1 2011

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  • Birthday 07/04/1957

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  1. This link really helps bring an understanding of the Region. https://vm.tiktok.com/ZTdaMX9b1/
  2. https://vm.tiktok.com/ZTdaMX9b1/
  3. How Fractional Banking Works To Allow For A Revaluation Of The IQD (Originally Posted by Red Lily) 10/17/2011 How Fractional Banking Economics will allow a high RV EXPLAINED: First off, I’ll use the exchange of a 10,000 IQD note as my example. To help explain the economics of this cash-in example, I will use a 1:1 cash-in ratio between the USD and IQD, that is given a two-tier payout, and a 2% bank spread. What You Will Receive: If you were to cash in your 10,000 IQD note with a bank that charges you a 2% spread, you would personally receive a net take-home of $9,800 credited to your bank account. What Your Bank Will Receive: Your Bank will receive a $10,000 credit to its Federal Reserve Account. They will also be able to add the $200 profit to their “capital account”. If you don’t understand the “Fractional Banking“ concept that runs our country, you may want to, as that is what this is based on, and is what is behind this entire concept and plan. Ultimately, the bank wins because they are able to gain $2,000 in lending power under the 10% “Fractional Banking“ model. What the US Treasury Will Receive: First off, the US Treasury will receive $3,500 in estimated taxes in the quarter after the exchange, because you are now in the “rich” category and get to enjoy the 35% tax bracket. This lowers the “net cost” of the IQD exchange to the US financial system to $6,500 USD (i.e. $10,000 out – $3,500 in). Furthermore, the US Treasury’s rate is higher than the banking rate (we will use in this example 1.25), thereby further reducing their “net cost” from $6,500 to $4,000. Oil Now Enters the Picture: At some point, a Fed-appointed agent orders $12,500 worth of oil from Iraq. Payment will consist of a $12,500 transfer from the Fed’s foreign currency reserve IQD account to the IRAQ Oil payment account at the CBI in a form otherwise known as PetroDollars/PetroDinar. Even though the world spot price of oil is defined in terms of USD, the actual transaction may take place in any internationally recognized currency agreed to by the parties. For example, Iran only accepts Yen from Japan for their oil orders, because they don’t want USD in their foreign currency reserves. How the CBI “RECAPTURES” the Money: The $12,500 order is filled with 250 barrels of oil based on the spot price on the date of the sale (for this example we used a $50 USD spot price). What does it cost Iraq to produce the oil to fill this order? Well they have negotiated productions agreements for approximately $1.50 USD/barrel. From that price $.50 USD goes to the national Iraqi oil company who is the partner in the field the oil came from. Out of the remaining $1.00 the other oil field partners have to pay the Iraq government a profit tax of $.35 USD (35%). The net cost to Iraq to produce a barrel of oil used in this scenario is $.65 USD. (i.e. $1.50 – .50 – .35) What does all that mean? It cost Iraq $162.50 to bring back a 10,000 IQD note! Can they afford that? I think so! So, instead of paying out $12,500 for a 10,000 IQD note, they only pay $162.50! That doesn’t add to the money supply much at all does it! They receive their IQD back and place it in the CBI, or destroy it. The transaction is completed with the Federal Reserve exchanging foreign reserve credits which are equal to $12,500 USD (which had a net acquisition cost of $4,000 USD for the US) for 250 barrels of oil (which has a TOTAL COST to produce of $162.50 USD for Iraq. More completely explained, and simply put, it cost Iraq $162.50 USD from their foreign currency reserve accounts to redeem the value of 10,000 IQD, which goes into their operating accounts. At the same time the US got $12,500 worth of oil for a net cost of $4,000. That’s how it was originally planned for Iraq to RV at 1 IQD = 1 USD, with the variable being the political element (i.e. UN Sanctions, GOI actions, IMF actions, World Bank actions etc.) Other Factors that Strengthen Iraq’s Position and Ability to RV: ■DFI Funds Returned & Other Assets: $280+ Billion USD, plus other frozen assets (estimated at $100 billion) will be returned back to Iraq and added to their foreign currency reserve, bringing it up to $430+ billion USD. ■CBI IQD Reserve Requirement Adjustment: The CBI will change the current fractional IQD reserve requirements from 100% to 15% at the appropriate time. As a result, the the total potential money supply will be raised in value to $2.8 Trillion (430 billion/15), while at the same time, the total physical IQD in circulation will be reduced by removing the large bills with the 3 zeros over a period of 2 years, as they have indicated. ■Oil Production Increased: Iraq will also execute the plan they announced to increase oil production from 2+ million barrels/day to 10 million barrels/day with the resulting revenues flowing directly to the Iraq treasury. ■Oil Futures & Forex Contracts Added: To further stir the pot, the CBI will continue to use it’s sales window to market oil futures and forex contracts. They have shown they can generate significant cash flow in the private market. Think of their impact in public markets. There, my friends, is how this plan will be enacted and made possible. Taking NOTHING, and turning it into SOMETHING, then bringing it back to a “manageable and reasonable something” that is accepted and supported by seeming endless supplies of oil. This is how the world’s ENTIRE NEW MONETARY SYSTEM will be regenerated and supported and backed, given, in essence, a re-birth and renewed for most governments and economic regions… even by “Black Gold”. So, here’s the summary for all the “players” involved, giving ballpark numbers, and not taking into account superfluous costs, fees, and other small details that don’t really affect the larger picture: ■Investor’s Net Gain: $10,000 – $200 = $9,800 x .65 = 6,370 for an investment that cost $10 ■Bank’s Net Gain: $200 added to “capital account”, plus $2,000 they can use to loan out. ■US Treasury Net Gain: $2,500 from the .25 spread on top + $3,500 in quarterly taxes = $6,000 ■CBI/GOI/Iraqi People Net Gain: $12,500 – $162.50 = $12,337.50 + Profits from “Other Factors” ■Overall Net Gain for All Involved: $6,370+$200+$6,000+12,337.20 = $24,907.20 This is the wealth that was generated from a single 10,000 IQD note that was given an original value of approximately $10! Is that amazing or what?! You tell me… can Iraq afford NOT to RV?!!! Will the IMF allow them to NOT RV their currency, but simply replace their large denoms for smaller ones?!!! LOL!!! In this scenario, EVERYONE WINS… and the IQD is slowly (over 2 years) taken back in to the CBI… eventually destroyed, leaving a manageable M2 behind, having created HUGE WEALTH throughout the world to re-supply what was allowed to be destroyed in the “great bleed” over a period of just a few weeks a couple of years ago, even the greatest redistribution of wealth the world has ever seen. Believe it or not, it has happened for this very purpose, and it IS coming!
  4. Thug happy to see one of the original OG’s is hanging tuff. Happy Holidays to you and yours DV world.
  5. leadinglogic.biz We all face changes every day – whether it is a simple change in the weather, our schedule or expected change of seasons. Change affects us all and we each deal with change differently. This only constant in life, the only thing we can be sure will happen. To expect change has brought me hope during challenging or unexpected life events. This same thought has also brought fear in situations where the last thing I wanted was change. I’ve come to realize it’s not the circumstances or the changes that dictate how my life will go, but rather how I handle those changes and disruptions. No matter the change we experience, how we embrace that change will forever impact how we are able to live with the change. What coping strategies do you use to help you manage unexpected life changes? Do you fall back into old patterns of addictive behaviors or do you practice acceptance and other positive recovery coping behaviors? Acceptance involves action through positive coping strategies such as affirmations, visualization, journaling and mindfulness practice. Another positive approach to change involves reaching out to a supportive network of fellows, a counselor, family and friends. Their insight and perspective may be that change required to push you forward in the right direction. Remember that changes are a normal part of life, It is also amazing how we each have our own resiliency and ability to recover from, or adjust easily to, change. Practice living life with an attitude of gratitude HAPPY THANKSGIVING to YOU and YOURS
  6. NICE, made me smile THANKS
  7. OK 1st off the reason I’ve been out of the loop, “ To all I have befriended here on DV” Is due to a brain injury I have sustained. I have a hard time comprehending what I am reading. So it turns out being read to I can concentrate on what’s being said. I love using MOVIE quotes to describe Who, what, when, where & why It’s just who I am. And since sustaining my brain injury “movie quote” I am like 10 second Tom only I am 10 minute Eric. “ name that movie” I have said all that to say this, If you ever go audio let me know PLEASE. A text will be great, and will probably go down as one of the most memorable moments in my life. I’m talking print it out and frame it. I thought a call was going out to all PLATINUM VIP’s anyway, part of the #### ? Merry Christmas everyone and A Happy New Year.
  8. I remember documents stating the colilistion forces put in place a certain dollar figure per barrel of oil until reimbursed. Also when they had their new currency printed, that the participating countries could sell the dinar in support of Iraq. And the RV would be 1-1 as to not to confuse the largely uneducated public of Iraq. Then Forex and currency speculation would establish the Dinars value just like the rest of the world. However I don’t believe anything is foreseen when it comes to what Iraq will do. knowing their pride It would not surprise me at all it it RV’ed 1 cent over Kuwait’s Dinar presently at $3.30
  9. After 15 years in this speculation. I couldn't be more pleased with all the positive activity in just the last couple years
  10. Monday July 23rd That photo is saying oh so much, Look at the expressions on both of them.. Abadi is pleased and Trump is going wow, that rate is higher than I thought.. LOL
  11. Originally posted by “Jester” copy & pasted to help further education LONG READ BUT WORTH IT!!! THE FIRST PART IS A HISTORY LESSON THAT HELPS YOU UNDERSTAND WHAT HAPPENED BEFORE TO MAKE IT EASIER TO UNDERSTAND WHAT IS GOING ON NOW... PART 1... A BIT OF HISTORY... THE FIRST PART IS A HISTORY LESSON THAT HELPS YOU UNDERSTAND WHAT HAPPENED BEFORE TO MAKE IT EASIER TO UNDERSTAND WHAT IS GOING ON NOW... THEN WE WILL FOLLOW UP INTO THE BIG PICTURE FROM THE REPUBLIC STANDPOINT... PART 1... A BIT OF HISTORY... THE FOLLOWING BACKGROUND IS CLIFF NOTES FROM THE HIDDEN SECRETS OF MONEY WHICH I HAVE FOUND TO BE THE MOST CONCISE AND UNDERSTANDABLE REVIEW OF HOW THIS ALL WORKS... TAKE A GANDER AT THE WHOLE THING SOMETIME... IT WILL STILL TAKE SOME STUDYING TO GGET IT ALL BUT THIS IS THE BEST I COULD FIND TO HELP KEEP IT SIMPLE AND UNDERSTANDABLE... BECAUSE IT IS FAIRLY COMPLICATED TO BEGIN WITH... THE REASON I AM PUTTING THIS IN HERE IS BOTH TO GIVE YOU SOME BACKGROUND ON WHAT HAPPENED AND HOW WE HOPE TO REVERSE THE PROCESS SYSTEM... AND ALSO BECAUSE I KNOW MOST OF YOU WILL NOT WATCH AND STUDY THE VIDEO BUT MIGHT ACTUALLY READ THIS... STEP 1 - BONDS... TREASURY BONDS THAT IS... POLITICIANS VOTE FOR THE COUNTRY TO SPEND MORE THAN IT'S INCOME... TO PAY FOR THINGS THEY WANT OR WHATEVER.. THIS IS CALLED DEFICIT SPENDING... TO PAY FOR THE DEFICIT SPENDING THE UST BORROWS CURRENCY BY ISSUING A BOND... A BOND IS A GLORIFIED IOU... IT SAYS LOAN ME MONEY TODAY AND I WILL PAY IT BACK WITH INTEREST OVER TIME... THE SAD PART IS... THE TREASURY BONDS ARE THE NATIONAL DEBT... AND THE BONDS ARE PAID BACK BY FUTURE TAXATION FROM YOU AND ME AND OUR CHILDREN... SO THIS WHOLE SCENARIO IS SIMPLY STEALING THE FUTURE PROSPERITY OF THE PEOPLE SO THE GOVERNMENT CAN SPEND IT TODAY... SO ANYWAY... THE GOVERNMENT ISSUES THE BOND... THEY HOLD A BOND AUCTION... THE WORLDS LARGEST BANKS SHOW UP AND COMPETE TO BUY PART OF THE NATIONAL DEBT... AND MAKE A PROFIT ON BY EARNING THE INTEREST ON THE BOND... PART 2 - CREATING CURRENCY... NOW COMES OPEN MARKET OPERATIONS... THIS IS WHERE THE BANKS GET TO SELL SOME OF THE BONDS TO THE FEDERAL RESERVE AT A PROFIT... THE FEDERAL RESERVE USES A CHECK TO PAY FOR THE BONDS... NOW TAKE NOTE THAT THE CHECK SHOULD BOUNCE BECAUSE THE FEDERAL RESERVE DOES NOT HAVE THE CASH IN THEIR ACCOUNT TO BACK UP THE CHECK... THERE IS NOT ONE PENNY IN THERE... TO QUOTE THE BOSTON FEDERAL RESERVE... "WHEN YOU OR I WRITE A CHECK THERE MUST BE SUFFICIENT FUNDS IN OUR ACCOUNT TO COVER THE CHECK, BUT WHEN THE FEDERAL RESERVE WRITES A CHECK THERE IS NO BANK DEPOSIT ON WHICH THAT CHECK IS DRAWN. WHEN THE FEDERAL RESERVE WRITES A CHECK IT IS CREATING MONEY" SO...THE FED GIVES THE CHECKS TO THE BANKS... AND THIS IS WHERE CURRENCY JUST SPRANG INTO EXISTENCE... THEY APPLY THE CREDIT TO THEIR ACCOUNT... NOW... THE CHECK IS JUST ANOTHER IOU... SO REALLY THE UST AND THE FED ARE SWAPPING THE IOUS USING THE BANKS AS MIDDLE MEN TO CREATE CURRENCY... REPEAT AND REPEAT OVER AND OVER... THE BANKS GET RICH... AND THE NATIONAL DEBT GOES UP AND UP... IT USED TO BE DIFFERENT BACK BEFORE THE FED... THE NOTES USED TO BE TRADEABLE FOR REAL MONEY... GOLD OR SILVER... YOU COULD TRADE A $20 BILL FOR A $20 GOLD PIECE... BUT ANYWAY... BACK TO THE STORY... SO NOW THE CURRENCY IS BASICALLY A RECEIPT OR CLAIM CHECK FOR AN IOU.. THE BOND... SO IT IS REALLY NOTHING MORE THAN A SUPPLY OF NUMBERS IN THE SYSTEM... STEP 3 - THE GOVERNMENT SPENDS THE NUMBERS... SO NOW THE FED TAKES THE NEWLY CREATED CURRENCY AND DEPOSITS THEM IN THE GOVERNMENT... SO THEY CAN USE IT FOR THEIR DEFICIT SPENDING... THEY USE IT TO PAY THE GOVERNMENT EMPLOYEES AND CONTRACTORS AND SOLDIERS AND WHATEVER THEY ARE DOING... STEP 4 - THE BANKS MULTIPLY THE NUMBERS… SO NOW THE GOVERNMENT EMPLOYEES AND CONTRACTORS AND SOLDIERS OR WHATEVER TAKE THE CURRENCY TO THE BANK AND DEPOSIT IT INTO THEIR ACCOUNT... THEN THERE IS FRACTIONAL RESERVE LENDING... IT IS JUST WHAT IT SAYS... BANKS ARE ALLOWED TO RESERVE A FRACTION OF YOUR DEPOSIT AND LOAN THE REST OUT... FOR INSTANCE FOR A RESERVE RATIO OF 10%... THEY HAVE TO KEEP $10 IN CASE YOU WILL LIKE TO HAVE SOME BACK... BUT THEY CAN LOAN THE OTHER $90 OUT IN LOANS...THE BANK LEAVES A BANK CREDIT IN THE DRAWER FOR THE $90... FROM THE FEDERAL RESERVE OF NEW YORK... "COMMERCIAL BANKS CREATE CHECKBOOK MONEY WHENEVER THEY GRANT A LOAN, SIMPLY BY ADDING NEW DEPOSIT DOLLARS IN ACCOUNTS ON THEIR BOOKS IN EXCHANGE FOR A BORROWERS IOU." SO WHEN THEY ISSUE A LOAN THESE ARE NOTHING MORE THAN NUMBERS THE BANK TYPES INTO THE COMPUTERS... AND NOW THERE IS MORE MONEY IN EXISTENCE... THE BORROWER TAKES THE MONEY AND BUYS SOMETHING... AND NOW WHOEVER GOT PAID THAT MONEY TAKES IT BACK TO THE BANK... WASH RINSE AND REPEAT... AND THE MONEY GETS RE-DEPOSITED AND RE-LENT OVER AND OVER AND GROWS EACH TIME... TO GIVE YOU IDEA OF HOW MUCH MONEY IS CREATED THIS WAY... IT IS ESTIMATED THAT 92-96% OF THE CURRENCY SUPPLY IS NOT CREATED BY THE GOVERNMENT... HOLY CRAP... THE MORE CURRENCY WE HAVE THE MORE PRICES RISE... WHICH IS WHERE INFLATION COMES FROM.. THE TRUE DEFINITION OF INFLATION IS AN EXPANSION OF THE CURRENCY SUPPLY... THE RISE IN PRICES ARE JUST THE SYMPTOM... SO... THE ENTIRE CURRENCY SUPPLY IS NOTHING BUT THE UST AND FED SWAPPING IOUS AND CREATING IT FROM THIN AIR... AND A BUNCH OF NUMBERS THAT THE BANKS TYPE INTO THEIR COMPUTERS... SOME OF THEM PRINTED... MOST OF THEM TYPED... AND THERE IS NOTHING ELSE... BUT IF YOU THINK THAT IS THE SCAM GET READY TO ENTER THE TWILIGHT ZONE... STEP 5 - OUR NUMBERS ARE TAXED... THE PEEPS WORK FOR SOME OF THAT CURRENCY SUPPLY... WE WORK HARD FOR OUR WAGES TO GET AND HOPEFULLY SAVE SOME OF IT... AND WE PAY A DANG TAX ON THIS TO THE IRS... WHO TURNS IT OVER TO THE TREASURY... SOME OF IT ANYWAY BUT THAT IS ANOTHER STORY... SO THEY CAN PAY THE PRINCIPLE AND INTEREST ON THE BOND THAT THE FEDERAL RESERVE BOUGHT WITH A CHECK DRAWN ON AN ACCOUNT WITH NOTHING IN IT... NOW THE FEDERAL RESERVE IS COMMITTING FRAUD... PRIOR TO THE CREATION OF THE FEDERAL RESERVE IN 1913 THERE WAS NO INCOME TAX... THAT SAME YEAR THE CONSTITUTION WAS AMENDED TO ALLOW INCOME TAX... AND THE IRS CAME INTO EXISTENCE... THIS WAS NOT A COINCIDENCE... THEY ARE SIPHONING YOUR MONEY OFF TO THE OWNERS OF THIS SYSTEM... AND YES THIS SYSTEM HAS OWNERS... SUCKS TO BE US... BUT I DIGRESS... A COUPLE MORE THINGS AND WE WILL BE DONE... THIS IS PART OF THE PROBLEM THAT I AM GOING TO USE LATER ON IN THE POST SO YOU HAVE TO UNDERSTAND IT OR YOU WILL NOT UNDERSTAND HOW THE BIG PICTURE WORKS... SO PAY ATTENTION... STEP 6 - THE DEBT CEILING... INTEREST IS DUE ON THE BOND AT THE UST... AND INTEREST IS ALSO DUE ON ALL THE LOANS THAT THE BANKS MADE... REMEMBER THE TWO PARTS NOW... WHICH MEANS THERE IS INTEREST DUE ON EVERY DOLLAR IN EXISTENCE... NOW IF YOU ALWAYS HAVE TO BORROW A DOLLAR INTO EXISTENCE TO PAY THE DEBT ON THE ORIGINAL DOLLAR YOU CAN NEVER CATCH UP... THE RESULT IS... THERE IS ALWAYS MORE DEBT IN THE SYSTEM THAN THERE IS CURRENCY IN THE SYSTEM TO PAY THE DEBT... TO ILLUSTRATE THIS... IMAGINE BORROWING JUST ONE DOLLAR INTO EXISTENCE... JUST ONE... THAT YOU ARE GOING TO PAY BACK WITH INTEREST LATER... NOW COMES TIME TO PAY THAT... WHERE DOES IT COME FROM? GUESS WHAT... YOU HAVE TO BORROW THE SECOND DOLLAR INTO EXISTENCE TO PAY FOR THE FIRST ONE... BUT NOW YOU OWE ON THE SECOND ONE... AND SO ON AND SO ON... THAT IS HOW THE SYSTEM IS DESIGNED... AND THIS SYSTEM IS GOING TO COME TO AN END AT SOME TIME... JUST FROM THE SHEER WEIGHT OF ITSELF... SO... WHAT DO YOU THINK WOULD HAPPEN IF THE UST STOPPED BORROWING TO DO DEFICIT SPENDING? OR WHAT DO YOU THINK WOULD HAPPEN IF THE PUBLIC STOPPED BORROWING MORE MONEY AND GOING INTO DEBT? THE PAYMENTS DO NOT STOP... YOU STILL HAVE TO PAY THEM... SO... IF WE STOP BORROWING... THEN NO NEW CURRENCY IS BEING CREATED TO REPLACE THE CURRENCY THAT WE NEED TO MAKE THOSE PAYMENTS... REMEMBER THE EXAMPLE ABOVE? NOW... WHEN THE PAYMENTS ARE MADE ON THE BONDS OR A LOAN... THE PART OF THE PAYMENT THAT GOES TO PAY OFF THE PRINCIPLE EXTINGUISHES THAT PART OF THE DEBT... BUT THE DEBT ALSO EXTINGUISHES THE CURRENCY... CURRENCY AND DEBT IS LIKE MATTER AND ANTIMATTER... SO WHEN POLITICIANS TALK ABOUT BALANCING THE BUDGET AND PAYING DOWN THE DEBT CEILING AND IT IS DELUSIONAL... IT IS IMPOSSIBLE TO DO UNDER THE CURRENT SYSTEM WITHOUT COLLAPSING THE WHOLE THING... THE SYSTEM IS DESIGNED TO REQUIRE INCREASING LEVELS OF DEBT TO CONTINUE... THAT IS WHY THEY WILL ALWAYS RAISE IT... SO THE SYSTEM DOES NOT COLLAPSE ON THEIR WATCH... THE FOUNDING FATHERS UNDERSTOOD THE PROBLEM AND TRIED TO KEEP US FROM DOING THIS BY PUTTING THE FOLLOWING INTO THE CONSTITUTION... US CONSTITUTION - ARTICLE 1 - SECTION 10 - NO STATE SHALL ENTER INTO ANY TREATY, ALLIANCE, OR CONFEDERATION; GRANT LETTERS OF MARQUE AND REPRISAL; COIN MONEY; EMIT BILLS OF CREDIT; MAKE ANY THING BUT GOLD AND SILVER COIN A TENDER IN PAYMENT OF DEBTS; PASS ANY BILL OF ATTAINDER, EX POST FACTO LAW, OR LAW IMPAIRING THE OBLIGATION OF CONTRACTS, OR GRANT ANY TITLE OF NOBILITY. SEE THAT PART? NOTHING BUT GOLD AND SILVER COIN AS TENDER IN PAYMENT FOR DEBTS... OUR CURRENT SYSTEM IS UNCONSTITUTIONAL... AND WE ARE NOW FEELING THE EFFECTS OF IT... AND IT WAS NOT MEANT TO BE LIKE THIS... AND THEY KNOW IT TOO... TO QUOTE THE FEDERAL RESERVE AGAIN... "THE DECREASE IN THE PURCHASING POWER INCURRED BY HOLDERS OF MONEY DUE TO INFLATION, IMPARTS GAINS TO THE ISSUERS OF MONEY" IT IS A FRAUD... A PYRAMID SCHEME... A PONZI SCHEME... IT'S A SCAM... AND IT'S A LIE... THE ENTIRE MONETARY SYSTEM IS NOTHING MORE THAN LEGALIZED THEFT... THE WORST PART IS COMING UP... THIS DOES NOT HAVE ANYTHING TO DO WITH OUR FUTURE DISCUSSION BUT I AM INCLUDING IT ANYWAY FOR THE COMPLETION OF THIS PRESENT PRESENTATION... STEP 7 - THE OWNERS TAKE THEIR CUT... THE FEDERAL RESERVE IS NOT FEDERAL AT ALL... IT HAS STOCKHOLDERS... NO FEDERAL AGENCY HAS STOCKHOLDERS... THE FEDERAL RESERVE IS A PRIVATE CORPORATION... THE STOCKHOLDERS ARE THE OWNERS... AND THE STOCKHOLDERS.. OWNERS... RECEIVE AN ANNUAL DIVIDEND OF 6%... FEDERAL RESERVE - SECTION 7. DIVISION OF EARNINGS - (a) DIVIDENDS AND SURPLUS FUNDS OF RESERVE BANKS. - 1. STOCKHOLDER DIVIDENDS. - A. IN GENERAL. AFTER ALL NECESSARY EXPENSES OF A FEDERAL RESERVE BANK HAVE BEEN PAID OR PROVIDED FOR, THE STOCKHOLDERS OF THE BANK SHALL BE ENTITLED TO RECEIVE AN ANNUAL DIVIDEND OF 6 PERCENT ON PAID-IN CAPITAL STOCK. THE ORIGINAL STOCK WAS ISSUED TO THE LARGEST BANKS IN THE UNITED STATES... NOW IT IS HARD TO TRACE... IT IS A CLOSELY GUARDED SECRET... NOT HARD TO FIGURE OUT WHY... BUT I AM BETTING IT IS THE BANKS DOING THE MAKING OF THE MONEY FROM BUYING THE BONDS WITH NOTHING TO BEGIN WITH TO MAKE THE WHOLE THING WORK... SO MUCH FOR THAT... IF YOU HAVE NOT SEEN IT PREVIOUSLY THEN YOU SHOULD REVIEW THE HIDDEN SECRETS OF MONEY... THIS A SERIES OF 5 VIDEOS AND ALL OF THEM ARE GREAT... YOU CAN LEARN MUCH FROM THEM... https://www.youtube.com/watch?v=iFDe5kUUyT0 SO BY NOW YOU ARE WONDERING WHY I FELT IT NECESSARY TO TELL YOU ALL THAT STUFF... THERE WAS A POINT TO IT... FOR IN ORDER TO UNDERSTAND THE REST YOU MUST UNDERSTAND THAT PART... SO ASK YOUR SELF WHAT THE HECK COULD WE DO... IF WE HAD THE POWER TO DO IT... TO RID OURSELVES OF THIS SYSTEM? THE ANSWER IS ACTUALLY PRETTY SIMPLE... YOU HAVE TO HAVE A NEW SYSTEM... HOWEVER... THE MECHANICS OF MAKING THAT HAPPEN ARE A LITTLE BIT MORE COMPLICATED... TAKES A HUGE AMOUNT OF MONEY TO GET OUT FROM UNDER THE ONE WE HAVE... YOU WOULD HAVE TO HAVE ENOUGH OF SOME SORT OF ASSET TO PAY OFF ALL THE DEBT AND ZERO THINGS OUT... BECAUSE THE DEBT DOES EXIST AND NO MATTER HOW IT GOT THERE IT MUST STILL BE PAID OFF... SO ENTER THE BIG PICTURE... FOR THE REPUBLIC ANYWAY... NOT THE WORLD VIEW FOR NOW... JUST THE US... LET'S GET STARTED... NOW IT IS TIME TO RE-INTRODUCE THE PLAYERS FROM BEFORE... THE ONES IN THE SCENARIO THAT WE CARE ABOUT... AND A NEW PLAYER THAT I DID NOT ACCOUNT FOR BEFORE... SHOULD HAVE KNOWN BETTER... PLAYER... THE US TREASURY... THEY ARE THE ONES CREATING THE BONDS... AND THEREFORE THE ONES CREATING THE DEBT... THE DEBT THEY ARE CREATING THAT HAS TO BE REPAID IS THE NATIONAL DEBT... PLAYER... THE FEDERAL RESERVE BANK... NOW REMEMBER THEY ARE THE ONES CREATING THE MONEY TO PAY FOR SOME OF THE BONDS... NOT ALL BUT SOME... AND SO WE DO OWE PART OF THE DEBT TO THEM... IT IS WHAT IT IS... NOT TO OVERSIMPLIFY THINGS BUT THAT IS THE BRUNT OF IT... THEY OWN ABOUT 12% OF THE NATIONAL DEBT... ENTER THE OTHER PEEPS THAT BUY PART OF THE NATIONAL DEBT THAT DOES NOT GO TO THE FEDERAL RESERVE AS PART OF THE PREVIOUS DISSERTATION ABOVE... PLAYER(S)... CHINA IS ANOTHER PLAYER HERE AS WELL AS SOME OTHER COUNTRIES THAT MAY BE INVOLVED... CHINA OWNS ABOUT 8% OF THE NATIONAL DEBT... JAPAN OWNS ABOUT 7%... AND OTHER COUNTRIES AT THIS TIME OWN ABOUT 19% OF THE DEBT... NOW THIS IS A WHOPPING 34% OF THE DEBT OR NEARLY 6 TRILLION BUCKS WORTH... SO A LARGE NUMBER... SIDE NOTE... I KNOW THAT LEAVES A LARGE PERCENTAGE OF THE DEBT STILL HELD BY OTHERS BUT THEY ARE NOT INVOLVED IN THIS PARTICULAR SCENARIO AND CANNOT HELP IT SO THEY ARE OF NO REAL INTEREST IN MY THINKING AT THIS TIME... BUT IT SHOULD BE NOTED THAT THIS SCENARIO SHOULD NOT LEAVE THEM OUT SO I WILL COME BACK TO THAT... GOT THAT INFORMATION HERE BTW... http://www.factcheck.org/2013/11/who-holds-our-debt/ PLAYER... YOU... LITTLE LOWLY DINAR HOLDER... HOPING TO MAKE A BAZILLION DOLLARS ON YOUR INVESTMENT... LAST PLAYER... AND THIS IS AN ADDITIONAL PLAYER FROM LAST TIME... IRAQ... LIKE I SAID.. SHOULD HAVE KNOWN BETTER... THEY HAVE A LOT OF DINAR OUT AND ABOUT THAT THEY WILL HAVE TO HANDLE SOMEHOW... AND THIS IS A HUGE AMOUNT DUE TO OVERPRINTING AND THE OTHER THINGS YOU HAVE HEARD... SOOO... AS I DID BEFORE WE WILL DETAIL WHAT THE PLAYERS WOULD LIKE TO GET OUT OF THIS... AND ONCE AGAIN... KEEP IN MIND NOT ALL WILL GET WHAT THEY LIKE... THE US TREASURY... THE REPUBLIC IF YOU WILL... WOULD LIKE TO GET OUT FROM UNDER THIS FRAUD THAT HAS BEEN PERPETRATED ON THE AMERICAN PEOPLE AND GET BACK TO THE CONSTITUTIONAL PREMISE THAT OUR MONEY SHOULD BE GOLD AND ASSET BACKED... THE FEDERAL RESERVE... THEY WILL LIKE THINGS TO STAY THE SAME AS THEY ARE NOW... BUT I THINK THEY ARE REALIZING IT CANNOT LAST AND ARE TRYING TO KEEP HOLD OF AS MUCH OF A PART OF IT AS THEY CAN... TOO BAD BUT I BELIEVE THEY DO SEE THE END OF THE SYSTEM AND THAT IS WHY THEY ARE FIGHTING SO HARD... THE COUNTRIES... THEY WILL LIKE TO TRADE THEIR PORTION OF THE DEBT FOR SOMETHING THAT IS WORTH SOMETHING... SINCE ALMOST EVERYONE CAN SEE THE END OF THE DOLLAR COMING I AM GUESSING THEY CAN TOO... AND WOULD LIKE TO HAVE SOMETHING OF VALUE INSTEAD OF THE FIAT CURRENCY... OR PROMISE OF SAME SOMETIME LATER... WHAT IS OWED IS FRN OBVIOUSLY... THE PEEPS... AS PREVIOUSLY STATED THE LITTLE DINAR HOLDERS ALL OVER WILL LIKE TO CASH OUT AND LIVE IN PEACE... SOME MAY HELP THE REST OF THE SITUATION IN THE US BY HELPING OTHERS... SOME WILL SPEND INTO OBLIVION AND HELP THE ECONOMY... BUT EITHER WAY IT WILL HELP... IRAQ... THEY WILL LIKE TO HAVE A PLAN TO REPATRIATE THE DINAR THAT IS ALL OVER THE PLACE... AS STATED PREVIOUSLY IT HAS BEEN OVERPRINTED... AND OTHERWISE HAS TO BE ACCOUNTED FOR... AND THEY WILL LIKE TO DO IT AS EASILY AND CHEAPLY AS POSSIBLE... SO... HOW WILL EACH GETTING WHAT THEY WILL LIKE TO HAVE BE ACCOMPLISHED? ENTER THE OIL CREDITS... AND THIS IS WHAT WILL HELP GET ALL THIS DONE... THE AGREEMENT TO TRADE SOME DINAR FOR OIL CREDITS AND TRADE THEM TO THOSE THAT NEED THEM FOR DEBT AND AT THE SAME TIME GET DINAR OFF THE STREETS THAT IS EASY TO REPATRIATE AND CHEAP TO ACCOUNT FOR... NOW HERE IS WHERE THINGS DEVIATE FROM THE LAST TIME I POSTED ABOUT THIS... IT REALLY HAS NOTHING TO DO WITH THE FEDERAL RESERVE EXCEPT TO PAY THEM OFF... BUT WE HAVE LEARNED MUCH SINCE LAST APRIL WHEN I LAST POSTED ABOUT THIS AND MORE INFORMATION HAS BEEN KICKED AROUND ABOUT IT... SO... LET'S PUT SOME OF THE PIECES IN THE PUZZLE TOGETHER... AS I SAID BEFORE... THE US TREASURY IS THE ONE THAT ISSUED THE BONDS... THE NATIONAL DEBT IS THEIRS (AND OURS OF COURSE)... THIS HAS NOTHING TO DO WITH THE FEDERAL RESERVE... AND THE US TREASURY ALSO HAS THE OIL CREDIT CONTRACTS... THIS IS BECAUSE THE US REPUBLIC IS THE HOLDER OF THE CONTRACTS... NOT THE FEDERAL RESERVE... AT THIS POINT YOU REALLY NEED TO DIVORCE THE US TREASURY AND THE FEDERAL RESERVE... SO SIMPLY WHY NOT TRADE THE DEBT... TREASURY BONDS... OR AT LEAST SOME OF IT... FOR OIL CREDITS?... SEEMS LIKE A GOOD THING TO DO... AFTER ALL THEY HAVE THE OIL CREDIT CONTRACTS... AND THEY KNOW THAT OTHER COUNTRIES WILL LIKE TO HAVE THEM SO THEY CAN GET A BETTER PRICE ON OIL... AND WE DON'T HAVE TO HAVE THEM AS WE WOULD BE SELF SUFFICIENT IF WE WERE NOT SELLING TO THOSE OTHERS THAT DIDN'T HAVE ANY OIL... AND INSTEAD WE TRADED THE OIL CREDITS TO THEM... MAKES SENSE... SO WHERE DOES AN OIL CREDIT COME FROM ANYWAY?... INTERESTINGLY ENOUGH THAT IS NOT SOMETHING ANYONE TALKS ABOUT... THE US GOVERNMENT HAS AN OIL CREDIT CONTRACT WORTH SO MUCH... TO ENABLE THE OIL CREDIT HOLDER TO BUY A BARREL OF OIL AT A PREDETERMINED RATE... IN THIS CASE I HAVE HEARD IN THE $30-32 RANGE PER BARREL... AND THEY HAVE TO TRADE SO MANY DINAR FOR SO MANY OIL CREDITS ACCORDING TO THE CONTRACT... SO IT IS WORTH SOME MONETARY VALUE DEPENDING ON THE VALUE OF THE CURRENCY BEING APPLIED TO GET IT... I AM NOT GOING INTO THE DETAILS OF WHAT WE THINK THE NUMBERS ARE BECAUSE IT IS ALL THEORETICAL CONVERSION AND WE MIGHT BE OFF A BIT AND I DON'T LIKE TO TAKE A RATION OF CRAP OVER IT... BUT THE NUMBERS ARE HUGE... AND IT WOULD BE MOSTLY SPECULATION ON THE ACTUAL VALUE ANYWAY... SO IT IS WHAT IT IS... SUFFICE TO SAY TO THE NAYSAYERS THAT CONTINUE TO POSTULATE THERE IS NOT ENOUGH MONEY IN THE WORLD TO REPATRIATE ALL THE DINAR OUT THERE... THAT THIS SCENARIO WOULD WORK TO REDUCE THE NUMBERS SIGNIFICANTLY... SO THE MATH IS THERE IN THEORY... MOSTLY BECAUSE THE OIL THAT IS BEING SUPPLIED IS WAY CHEAPER THAN THE OIL CREDIT VALUE AND WHAT HAD TO BE PAID FOR IT TO BEGIN WITH... WHICH IS DINARS... YOU CONVERT A CERTAIN AMOUNT OF DINARS TO A CERTAIN VALUE OF OIL CREDITS... WHICH IS PAYING SOMETHING WORTH SOMETHING FOR SOMETHING THAT IS VALUABLE... WHICH CAN THEN BE SUPPLIED VERY CHEAPLY... TO MAKE THIS MAKE SENSE I WILL POSTULATE AN EXAMPLE... OIL CREDITS OF $30/BARREL... WORTH WHATEVER THE GOING RATE FOR OIL IS... ABOUT $70 TODAY BUT HISTORICALLY AS MUCH AS $115... SPRING INTO EXISTENCE FOR A VALUE OF X NUMBER OF DINARS... AND A BARREL OF OIL IS SOME $5 TO PRODUCE... SO INSTEAD OF REPATRIATING DINAR AT WHATEVER THE STREET RATE WILL BE THEY TRADE X DINAR FOR AN OIL CREDIT THAT SOMEONE ELSE VALUES MUCH HIGHER TO GET IT... AND GET OUT OF THE WHOLE THING WAY MORE CHEAPLY... THE DINAR IS TRADED IN AND CONVERTED TO AN OIL CREDIT FOR A CHEAP SUPPLY OF OIL... IRAQ GETS OUT AT A FRACTION OF WHAT IT WOULD COST TO TAKE IN THE DINAR ON THE STREET RATE... THIS ALONE SHOULD LET YOU SEE THE VERACITY OF THIS SCENARIO... SO... NEXT ISSUE... IF YOU WERE THE UST AND YOU HAVE A CONTRACT... HOW WOULD YOU GET YOUR HANDS ON THE DINAR TO CONVERT TO OIL CREDITS?... ESPECIALLY IF YOU LIKED TO DO SOMETHING ON A HUGE SCALE... THE PEEPS HAVE THE DINAR... AND AGAIN... THE UST HAS SOME TOO BUT WHY STOP THERE? LET'S DO SOMETHING REALLY BIG AND SEE IF WE CAN GET OUT OF THIS HOLE THE PREVIOUS GOVERNMENT ADMINISTRATIONS GOT US INTO FOR THE LAST 100 YEARS... SCUMBAGS... SO THE PEEPS HAVE THE DINAR... AND IF SMART HAVE JOINED A GROUP OR WILL BE PARTICIPATING IN THE KNOWN GROUPS THAT HAVE NOT BEEN ASSEMBLED YET... I AM NOT GOING TO GO IN DETAIL ON THE GROUPS AND SINCE EVERYONE KNOWS THEY EXIST IT IS A MOOT POINT... HOWEVER YOU MUST ALSO NOTE THAT THE BANK IS NOT A GROUP... AND THEY DO NOT HAVE A DEAL WITH ANYONE TO DO ANYTHING BUT CASH PEOPLE OUT... THEY ARE A BANK... THAT IS WHAT THEY DO... SO THEY ARE OF NO HELP IN THIS PARTICULAR SCENARIO... THIS SHOULD ALSO EXPLAIN WHY GROUPS WOULD GET A BETTER DEAL THAN THE STREET RATE... IF YOU EXCHANGE AT THE STREET RATE THE DINAR IS NOT ABLE TO BE CONVERTED TO OIL CREDITS... IT JUST GOES INTO THE BANK AND THE CURRENCY IS CONVERTED... SO... THE UST MAKES A DEAL WITH THE GROUPS... OR MORE PROBABLY... ACTUALLY STARTS THE SCENARIO... MAKING IT AVAILABLE... AND THEN THE GROUPS ARE FORMED AND VETTED AND TAKE IN ANYONE THAT WILL LIKE TO PARTICIPATE... ANYONE NOT TOO SCARED TO DO IT THAT IS... WHICH LEADS ME TO BELIEVE THAT THE BAD GUYS THAT MIGHT KNOW ALL THIS JUST MIGHT PUT OUT A BUNCH OF BS FOR CERTAIN GURUS TO SPOUT OUT AND ABOUT TO TRY AND KEEP IT FROM HAPPENING... YOU KNOW... DISPARAGE THE GROUPS AND SCARE THE CRAP OUT OF THE PEOPLE TO KEEP THEM FROM PARTICIPATING... HMMMM... FOOD FOR THOUGHT... BUT THAT IS ANOTHER STORY... JUST SAYING... SO NOW THE UST HAS ACCESS TO A LOT LARGER AMOUNT OF DINAR... IN ADDITION TO IT'S OWN... TO CONVERT TO OIL CREDITS... WHICH MEANS A LOT MORE OIL CREDITS TO TRADE FOR DEBT... THIS IS GETTING BETTER ALL THE TIME FOR THE REPUBLIC... THE REASON WHY IS SIMPLE... THERE IS REPORTEDLY MUCH MUCH MORE DINAR TO BE CONVERTED TO OIL CREDITS THAN THERE IS DEBT OUT THERE... THERE ARE TRILLIONS OF DINAR PRINTED AND WHEN CONVERTED THAT SHOULD TAKE CARE OF THE DEBT... I BELIEVE THIS IS THE SAME THING CLINTON DID BACK IN THE DAY HE WAS JUST TOO CHICKEN TO GET RID OF THE FEDERAL RESERVE... SO... THERE IS A LOT MORE DINAR TO BE CONVERTED TO OIL CREDITS THAN WE HAVE DEBT... SO WHY NOT GO AHEAD AND TRADE IT TO THOSE THAT WILL LIKE TO HAVE IT FOR GOLD OR ASSETS OR WHATEVER... MAYBE CHINA LOANS US SOME TO START THE WHEELS ROLLING AND THEY GET PAID BACK WITH OIL CREDITS... IF THEY USED GOLD AT THIS LOW PRICE TO DO IT THEN IT WOULD BE WORTH IT... SO MAYBE THAT EXPLAINS SOME OF THE MANIPULATION TOO... OR MAYBE SOME OF THE OTHER AVENUES WE ARE ALSO AWARE OF THAT WILL BE HELPING FUND THE REPUBLIC US TREASURY WILL KICK IN AT THE APPROPRIATE TIME TO HELP GET THINGS STARTED... THAT WOULD MAKE SENSE SINCE SHOULD THEORETICALLY BE AVAILABLE AT THE TIME AND WOULD HELP... THIS WOULD ALSO HELP DEFINE A TRN SPRINGING INTO EXISTENCE RATHER THAN AN FRN... SINCE IT HAPPENED AT SOME ASSET BACKED RATE IN THE US TREASURY AND NOT THE FEDERAL RESERVE TO START WITH... NOW... SOME MIGHT COME BACK AS FRN... IF THE COUNTRIES ARE HOLDING A HUGE AMOUNT OF IT WHY NOT TRADE THAT TOO AND GIVE IT BACK TO THE FEDERAL RESERVE AS PAYMENT FOR THEIR PART OF THE DEBT... IN OTHER WORDS GIVE THEM BACK THEIR FIAT MONEY WHICH IS WHAT WE OWE IN THE FIRST PLACE... I LIKE THAT PART... GIVE THEM THEIR WORTHLESS CURRENCY BACK... HAHAHAHAHA... SO ANYWAY... BACK TO SUM UP IRAQ... AS YOU CAN IMAGINE... THIS IS A PRETTY GOOD DEAL FOR IRAQ... NOT ONLY ARE THEY GETTING OUT A LOT CHEAPER TO REPATRIATE THE DINARS... THE OIL CREDITS WILL NOT BE USED ALL AT ONCE OR EVEN SOON... AND THIS STRETCHES OUT THE PAYMENTS OF THE OIL CREDITS OUT OVER A LONGER PERIOD OF TIME MAKING IT EVEN EASIER TO PAY IT OFF... AND SINCE EVERYONE OUT THERE IS ASSUMING THAT IRAQ MUST RV BEFORE ANYTHING ELSE CAN HAPPEN... THIS IS ALSO HOW THINGS CAN GET STARTED WITHOUT AN RV... CONTRACTS THAT ARE ALREADY THERE... JUST SAYING... NOW... BACK TO THE START... WHY DID I MAKE YOU SUFFER THROUGH THE INITIAL PROCESS OF HOW THE FEDERAL RESERVE WORKS AND THEIR ASSOCIATION WITH THE US TREASURY? THE ANSWER IS THAT YOU NEEDED TO UNDERSTAND HOW THINGS ARE CONNECTED... OR IN THIS CASE POTENTIALLY NOT CONNECTED... THAT WAY YOU REALLY UNDERSTAND HOW THE THINGS THAT HAPPEN LATER CAN ACTUALLY WORK TO EVERYONE'S ADVANTAGE... AND HOW THE US TREASURY AND REPUBLIC IF YOU WILL... COMES BACK INTO OPERATION... IF YOU DIDN'T KNOW THAT HISTORY I AM NOT SURE ALL THIS WOULD HAVE MADE SENSE TO YOU... SO BASICALLY... FROM IRAQ'S STANDPOINT A HUGE AMOUNT OF DINAR IS TAKEN UP FOR A CHEAP SUPPLY OF OIL... THEY SUPPLY THE OIL CHEAPLY TO THE OIL CREDIT HOLDER... THE OIL CREDIT HOLDER IS HAPPY TO BE GETTING THE OIL FOR THE OIL CREDIT PRICE... AND THAT EXPLAINS HOW THE US TREASURY GETS FUNDED AS THE REPUBLIC... AND NOW EVERYONE CAN BE HAPPY WITH THE REPUBLIC PART OF THE BIG PICTURE... AND THE LITTLE PEEPS GET TO CASH OUT THEIR DINAR AND GET RICH... AND EVERYONE THERE IS HAPPY... EXCEPT FOR THE FEDERAL RESERVE... WHICH I HOPE TAKES ITS SELF OUT BEHIND THE SHED AND SHOOTS ITSELF WHEN THIS IS ALL COMPLETED...
  12. When in trouble, When in dought, Run in circles, Yell and Shout.
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