Banks don't loan money out. Banks increase the money supply at the request of the consumer. The reason why the total credit market debt or money supply has stopped growing is not because the banks have stopped lending...It's because consumers have slowed their requests for commerical banks to create money.
How money is created...
A consumer requests a commercial bank for a "loan"
There is no money to loan...it's credit.
The bank then creates a liability and an asset and attaches interest to it.
As the consumer pays off the "loan" (of their future income) the asset and liability shrink by the principle amount...or return back into thin air where it came from...and the banks keep the interest.
That's how commercial banking as you all know it has operated for over six centuries now.
On any given day in the year...over 3 Trillion dollars flows through New york...Globally it's easily close to 10 Trillion equivalent Dollars of volume a day.
The US money supply is around 52 Trillion Dollars...the global supply equivalent is close to 200 Trillion dollars.
It's all debt...owed ultimately to the top. Ultimately the money supply of the world is owned by the top and the bottom rents and the cost to pay the rent is hidden in the price of everything.
The minor amount of FED so called "money printing" doesn't even equal half of a typical average day's volume.
Yield rates are so low the top has been forced to make up the difference...
The yield game is over...top sucks from the bottom until the bottom is sucked dry...then poof.
All the strikes/revolutions and chaos are being unleashed to cover the revelation of the lower high that the top began engineering in 2008...after the G20 all the various authorities went back and implemented the greatest global Government economic intervention in history....massive record breaking deficit spending.
Then the top covered...
The top does all the buying and selling...the bottom just speculates.
The top is not the cause but in the chain leading back to the cause...the top is the cause...The Federal Reserve is the effect.
Last time around before they were in soup lines...they were crying that the fed was printing too much...after they were in the soup lines...they cried that the fed was not printing enough.
How money is created...
A consumer requests a commercial bank for a "loan"
There is no money to loan...it's credit.
The bank then creates a liability and an asset and attaches interest to it.
As the consumer pays off the "loan" (of their future income) the asset and liability shrink by the principle amount...or return back into thin air where it came from...and the banks keep the interest.
That's how commercial banking as you all know it has operated for over six centuries now.
On any given day in the year...over 3 Trillion dollars flows through New york...Globally it's easily close to 10 Trillion equivalent Dollars of volume a day.
The US money supply is around 52 Trillion Dollars...the global supply equivalent is close to 200 Trillion dollars.
It's all debt...owed ultimately to the top. Ultimately the money supply of the world is owned by the top and the bottom rents and the cost to pay the rent is hidden in the price of everything.
The minor amount of FED so called "money printing" doesn't even equal half of a typical average day's volume.
Yield rates are so low the top has been forced to make up the difference...
The yield game is over...top sucks from the bottom until the bottom is sucked dry...then poof.
All the strikes/revolutions and chaos are being unleashed to cover the revelation of the lower high that the top began engineering in 2008...after the G20 all the various authorities went back and implemented the greatest global Government economic intervention in history....massive record breaking deficit spending.
Then the top covered...
The top does all the buying and selling...the bottom just speculates.
The top is not the cause but in the chain leading back to the cause...the top is the cause...The Federal Reserve is the effect.
Last time around before they were in soup lines...they were crying that the fed was printing too much...after they were in the soup lines...they cried that the fed was not printing enough.
The FED "money printing" is an effect...Not the cause.
Food and Fuel supply has been carefully managed by the top so as to reduce the base of the derivatives markets.
The result is ultimately higher prices...
The money supply or total credit market debt has not increased at all in 3 years.
As far as I can tell all these increases are due to the cuts in supply in relation to demand.
The exports from China and various other consumer goods along with real estate has not significantly risen in price at all.
I ditched my last cathode ray tube last month...
The top lives off the yield from the bottom...In order to obtain the required yield within an environment of constantly dropping yields the past 30 years requires ever increasing volume.
The US consumer reached their maximum potential to sustain the volume in late 2007.
But the difference has to be made up somewere...
You could begin engineering rates higher...but that will just cause the already unsufficient volume to collapse further...tightening supplies of food and fuel won't hurt the ability of consumers to request commercial banks to increase the money supply.
Ulltimately the top can obtain higher yields this way...
Increasing the cost of food and fuel increases the demand for money.
Thats the trick that's been employed up to this point...It's been used in japan for 20 years...cheap slave labor electronic goodies...expensive food and fuel.
The FEDERAL RESERVE is facilitator.
One slight probelm...unlike Japan...this trick can not be sustained very long...
All that's going to happen is commodity prices are going to keep rising until maximum potential and then there will be a collapse.
The various scapegoats are already out there.
The global mass strike/revolutions and the soon to be realized and comprehended Japan meltdown..
Food and Fuel supply has been carefully managed by the top so as to reduce the base of the derivatives markets.
The result is ultimately higher prices...
The money supply or total credit market debt has not increased at all in 3 years.
As far as I can tell all these increases are due to the cuts in supply in relation to demand.
The exports from China and various other consumer goods along with real estate has not significantly risen in price at all.
I ditched my last cathode ray tube last month...
The top lives off the yield from the bottom...In order to obtain the required yield within an environment of constantly dropping yields the past 30 years requires ever increasing volume.
The US consumer reached their maximum potential to sustain the volume in late 2007.
But the difference has to be made up somewere...
You could begin engineering rates higher...but that will just cause the already unsufficient volume to collapse further...tightening supplies of food and fuel won't hurt the ability of consumers to request commercial banks to increase the money supply.
Ulltimately the top can obtain higher yields this way...
Increasing the cost of food and fuel increases the demand for money.
Thats the trick that's been employed up to this point...It's been used in japan for 20 years...cheap slave labor electronic goodies...expensive food and fuel.
The FEDERAL RESERVE is facilitator.
One slight probelm...unlike Japan...this trick can not be sustained very long...
All that's going to happen is commodity prices are going to keep rising until maximum potential and then there will be a collapse.
The various scapegoats are already out there.
The global mass strike/revolutions and the soon to be realized and comprehended Japan meltdown..
good Hyper!
ReplyDeletewho is the next scapegoat? and Middle East is only a cover? or will they be the victim?
I think he means the Central Bankers Alex. There is no doubt in my mind they have used cheap money and collusion to squeeze the supply of product to the market. Demand is fairly constant. The middle east is starving. There are places I go to eat and for entertainment and business has fallen off the face of the earth. It is eat and drive.
ReplyDeleteHow much longer do we have before the next crash comes into effect? 6-12 months?
ReplyDeleteRemember it took 3 months after oil was at $150 / barrel in 2008 and that was even 3 months after Bear Sterns crashed.
-Mike
The scapegoats, or covertly initiated justifications which the top has designed to explain the coming hard times are first and foremost, the Japanese nuclear disaster that is going to be an order of magnitude or two worse than Chernobyl as this plays out, and the Northern Africa/ Middle East chaos that will unleash much higher oil prices and supply disruptions upon the "advanced nations", Disruptions and price hikes that these financially unsound Nations are in no position to handle without enormous austerity measures that will be beyond painful to their populations, many of whom have been spoiled by their luxurious lifestyles of fancy vacations, fancy homes, fancy new cars, fancy restaurants, the finest wines etc.
ReplyDeleteScapegoats are always needed to distract and misdirect the coming rage of "We The Victims" away from the "top"/ TPTB/ the elite, and instead this coming rage is meant to be directed towards "those greedy Arabs", or those "evil dictators", or those "horrible nuclear power plants", or the "incompetant and lying Japanese Government" both mishandling and then covering up the multiple meltdowns and explosions, or the "terrible bad luck" of having had such an unforseeably disastrous tsunami, and thereby bringing down the World's 3rd biggest economy, and then all of the rest of the dominoes knocked each other down 'til there were none standing.
The negative synergy of these "Scapegoats" will be as if the World was playing Ultimate Risk, a "game" of Russian Roulette where all but one of the chambers of the revolver have bullets in them.... instead of just one!!! "Scapegoat Roulette" is the perfect name to describe this scenario, the existing scenario, where the top knows that the game is just about over, and they need to create the Big Why to explain how things could collapse in such spectacular and inexplicable ways, and with such suddenness.
Remember the depopulation meme, and the impecable timing!!! How might radiation 100 times worse than Chernobyl affect death rates, especially when linked with massive starvation and famine, made far worse by extreme poverty coupled with rising food costs, climate change, failed crops, plunging yields per acre across the globe, petrochemicals and diesel costs for farmers up sky high, transportation costs as well.
Diseases will take off in this environment, and mutations of pathogens into new organisms will explode due to the much higher radioactive background counts especially in Asia and Siberia, but spreading to the Americas, contaminating croplands and water resources( ponds, lakes, streams, rivers, oceans, and even aquafers and water tables).
Without Nuclear Power Plants, they might well shut them all down worldwide after Japan, there would be much more reliance upon gas, coal, lng, and alternative energy sources ie solar and wind. This will ramp up energy costs even further, diverting more of ones budget to food and energy as HT pointed out in this insightful essay.
Then add in the oil price rises that the other component of this Scapegoat trifecta will issue in and the next 2008-style crash will most likely be 3-6 months, with October being the most likely timeframe, imho, LOL!!!
Hyper, I have some problems with the way the money works, as you explain.
ReplyDeletefirst - what happens to asset and liability created by the bank when creditor defaults and future income no longer flows?
second - except for credits there are deposits. i.e. if bank gives somebody credit at 7% at the same time it could happen that exactly the same amount is deposited by somebody at, let's say 4%. so no money is being created?
once you have all the money and power in the world, what do you want? a bunch of hot chicks begging to suck your dick/clit.
ReplyDeletethe people running these banks killed their way in there. they are pure greed. neanderthal and cro magnon.
http://femalehumanextinction.blogspot.com
at the highest levels of central banking, money is hot chicks. literally.
ReplyDeletecentral banking is sex slave trade.
war is waged when deliveries are reneged upon.
We've missed you Hypertiger! I haven't had the urge to grovel before my masters at the top in months...I hope I prove useful to them.
ReplyDeleteThe commodities and oil markets are the only ones left that will allow the hedge funds and dark pools of liquidity to get abnormal rates of return. Get ready for the continued reaming.The western world uses oil , people gotta get to work. People gotta eat.
ReplyDeleteWill we have QE3, QE4....n?
I say 2015 is the year. By 2015 it will all go major poof and very apparent to even the most ardent optimist's. Just my .02.
Are you aware of Martin Armstrong?
ReplyDeletewww.martinarmstrong.org
"Food and Fuel supply has been carefully managed by the top so as to reduce the base of the derivatives markets."
ReplyDeleteExtrapolate on this please.
The banks loan nothing. A promissary note when deposited is a cash equivalent. The alleged debtor is in actuality the original Issuer of credit!
ReplyDeleteThis system of commerce exists without money. All dollars as defined since 1933 are liabilities. We are operating under chapter 11 bankruptcy law with the imf being in the role of mothership. The credit system all boils down to signatures. The lack of them will prove detrimental to the continued existence of hundreds of millions.
So you simply don't sign anything, or talk to anyone without a contract. If they have a contract with you, then, you and they must perform.
ReplyDeleteAsk questions beginning to end, or "I have nothing to say". Or "am I free to go", or "are you offering compensation".
Always questions, statements cause contention. You can ask questions without giving away information. Mirror it.
Is this the "spraying of the roaches" now? (the can is Japan).
ReplyDeleteThe commodities markets are fractionally reserved.
ReplyDeletetheres a real market or base where commodities are bought an sold to feed and supply the people of the world.
then there's another market that is filled full of theoritical commodities that don't exist.
because the vast majority of the money flooding into the markets is not trying to buy commodities to feed and supply the people of the world.
The vast majority is chasing yield...by buying low and selling high or by selling high and buying low or shorting
gambling.
But the gamblers call themselves investors.
Back in 2008 the global economy was caving in...
In a deflationary scenario where demand is weakening...the only way to sustain prices is cutting production.
In 2008 all the production of oil globally was cut.
The guld of mexico blowout led to the shudown of the gulf production.
If all that was not done...oil prices would be far lower.
Oil companies would be going bankrupt.
During the so called great depression...england dumped grain at sea while the population starved to support price.
The cuts in production or supply cause the base to shrink which leads to a shrinking of the size of the derivatives tied to the base...which translates into higher commodities prices.
I said years ago that the cost of stuff you don't need would drop while the cost of the stuff you do will rise.
That's what is happening.
The top is cannibalizaing the bottom.
@hypertiger: Thank you for clearing that up re: derivatives market. Yes it does makes sense. There are many questions regarding the gulf disaster as well.
ReplyDeleteHT,
ReplyDeleteYou don't 'need' gold or silver, yet those prices are not going down.
Housing maybe, but it's going down very slowly- you can thank the fools at the Obama administration / Fed for that.
-Mike
"You don't 'need' gold or silver, yet those prices are not going down."
ReplyDeleteMike, you just don't know yet that you need it. It's not the gold and silver or the houses that are changing in value - it is the thing measuring the value that is changing.
Gold and silver are in very short supply in relation to global demand.
ReplyDeleteSilver has basically almost run out.
The top controls the markets.
ultimately there will be doomsday spikes in prices as desperate mindless consumers race into the metals.
The top will short the Gold and Silver markets to oblivion at some point.
Hyper, where is your info coming from? I see that anual production of silver only increases..
ReplyDeletehttp://www.silverinstitute.org/supply_demand.php
as for the year 2010 it was record year.. and when you look at demand, in fact it is falling as far as industry is concerned. only the stupid investors are the ones who are hoarding this stuf..
and collapsing industry does not help to increase the demand...
From right now not 2009 data compiled in 2010.
ReplyDeletecould be.. so all the production was shut down in 2010?)
ReplyDeleteJR thinks the same, HT )) are you the same person? http://www.youtube.com/watch?feature=player_embedded&v=jraKFphvZcE
http://www.reuters.com/article/2011/02/11/silver-backwardation-idUSN1133112820110211
ReplyDeleteThe top is managing the markets to create shortages to cause the price rises.
Is there a point at which the system will run out?
Yes there is.
And the case can easily be made that without the hyperinflation of the price of silver the past 10 years...most of the new production would not be happening because the silver they are extracting would cost more to extract than it could be sold for.
The top is milking the bottom and promoting effects as the cause.
The only way to postpone the next collapse is with wage inflation.
Otherwise all that will happen is a replay of 2008...
This recovery will be revealed to be lower high in a huge waterfall decline.
The deeper we progress from this point the more chaos they will be...the cover will be a blizzard of scapegoats.
massive amounts of effect will show up and be presented as causes.
http://www.youtube.com/watch?v=AkuV9gwEqcQ
ReplyDeletejust note how they dig this погремушка - beanbag out of the bag every time they have to sell something. he was "buying" oil/agrics/ right before the top. because of people of Asia... LOL
as reg. backwardation - silver and gold are in it for years, and as youself said it correctly, metals are the easiest stuff to manipulate)
"Some precious metals dealers said that backwardation in silver was related to the forward sales program by silver producers.
ReplyDelete"When a silver mine company has to put on a hedge, it has to sell forward and borrow a lot of silver from the market, and that put a tremendous amount on the market,"
and El Doctoro Copper is seems to be in trouble, suggesting that correction in the rest of the bang is nearby... JMHO )
LOL, don't sell your silver (let me do it first)
ReplyDelete"And the case can easily be made that without the hyperinflation of the price of silver the past 10 years...most of the new production would not be happening because the silver they are extracting would cost more to extract than it could be sold for. The top is milking the bottom and promoting effects as the cause."
ReplyDeleteA case can also be made that JP MoreGain has been manipulating {shorting} silver because it is in direct competition with FRNs, and therefore should be much more expensive than it is, despite an allegation of "hyperinflation".
How does this relate to the fact that most silver production is a by-product of other mining activity? IOW the current price still doesn't seem to be motivating silver mining{primarily}.
Hyper, I think somebody has mentioned this before, about the money supply:
ReplyDeleteFew trillions is a lot compare to 52 trillion credit market money. You should not underestimate it's effect by saying QE is a very small amount compare to daily banking money movement (tens of trillions).
How could this be??
ReplyDelete"tightening supplies of food and fuel won't hurt the ability of consumers to request commercial banks to increase the money supply.
Ulltimately the top can obtain higher yields this way...
Increasing the cost of food and fuel increases the demand for money."
Those poor bastards on the soup line are already broke. They can't request more loans anymore. Tightening supplies (increasing price) definitely WILL hurt the ability of consumers to request loans from commercial banking.
Please explain more about this philosophy.
http://www.federalreserve.gov/releases/g19/current/g19.htm
ReplyDeleteHyper, credit growth accelerating.. this is quite a blow to your theory, no?
Credit growth is accelerating for whom? The housing market? Look at Mortgage rates.(I saw an internet ad for 2.99%) Yet Housing sales have tanked. The company I used to work for wholesales building products (mainly doors). They are 41.8 million dollars in debt. They just rolled their loan over because thay could not make the payment.
ReplyDeleteThey now owe 41.8 Million dollars in the 2014-2015 time frame.(Actually they will probably owe
50-70 million because they will not make a profit in the next 10 years much less 3-4 years). There is a 2-5 year (depending on who you talk to) supply of homes out there. Again I ask what parties are taking the loans out? Hedge funds using leverage in the oil and commodities markets. Businesses that are borrowing trying to survive till the great
rebound and we can all party again like it is 2002. Is the average worker or man on the street benefitting?
credit growth is still flat since 2008.
ReplyDeleteIt was compounding by an average 8% 1944-2008...then stopped dead.
The US economy is short 10 Trillion...The other economies all imposed massive austerity measures.
Silver and FRN's are not competeing and never will compete.
ReplyDeleteThe top owns everything...the bottom just rents.
The top owns all the food production and distribution networks.
All the Gold and Silver has been lent into circulation.
The miners all get into debt to produce the silver...all the silver in circulation and gold and everything is owed to the top.
You all just rent everything.
If all the debt in the world was paid there would be nothing of value held by the bottom.
and if you don't continue paying...there is no circulation...and the fantasy world you take for granted...goes poof.
You all have been owned by the top for all of recorded history and you are all weaker now than you ever have been.
so now the top has sold/shorted commodities and GS has been chosen as scapegoat for the selling, right? :))
ReplyDeleteThe hyperinflationists cling to their gold and silver as a safe-haven. They think they beat the system but they don't even know what it is.......
ReplyDeleteUnfortunatelt the price of paper gold and silver is directly related to the actual commodity.
ReplyDeleteNot for long.
Inflation less than previous inflation is still inflation. And since it is still at a higher rate than you can earn on your savings, not even counting taxes on earnings, savers are still losing buying power each and every month. Many of these "host" fiat victims are retired folks and planned on living off of the interest earned on their savings, traditionally 5%, which has dwindled to below 1%, and thus they will outlive their savings even at a bare subsistence level of spending. They are being sucked dry by the top. The supply of necessities, food and energy, as HT has oft said, has been curtailed/ surpressed in order to cause the increases in the prices of these essential commodities in order to extract their "tribute"/ yield. The markets, those leveraged gambling casinos known as the commodities markets, are a prime vehicle used to leverage their winnings in order to bring about these "extractions" from the bottom!!!
ReplyDeleteSilver and Gold have been "money" for many millenia, and have been treasured by cultures and civilizations around the globe. Silver, as a result of burgeoning electronic technologies, has many industrial applications that keep silver usage expanding faster than mining can pull it out of the ground. So, silver should remain a good store of value into the future, and one which is better than gold, because silver is being consumed and lost and there is so very little above ground left versus gold which just keeps accumulating as mine output keeps adding to its above ground stores.
Even in deflationary times physical PM's will retain buying power as long as their use in trade and/or ownership is not made illegal, and confiscation isn't initiated by the Top!!!
When inflation less than previous inflation turns to actual deflation and prices overall are dropping, then theoretically fiat could become an asset that could stabilize. BUT, and it is a huge BUT, there is still the overhanging issue of the 53+ Trillion dollars of debt, and all of the "safety net" programs, not to mention the deficit spending and trade imbalance issues etc., etc., etc.!!! How will those obligations possibly be paid for in a shrinking dollars economy??? They most likely won't!!!
Hyperinflation is unlikely, IMHO, because it would hurt the top MUCH, much more than the middle class or the bottom! They are in control, they are the string pullers, and their minions and political puppets will do all that they can to keep the dollar from becoming worthless. However, there is a growing risk of a total collapse and msssive default on all US debts and safety net future obligations. This threat could also manifest if interest rates are forced up substantially through International currency markets and currency-valuation-based competition. The interest on the debt would become impossible to pay back. Such a default would perhaps be followed by a switch to a new "hard" currency, backed by gold, or an electronic and international trading currency unit composed of a basket of fiat currencies.
Hyperinflation is unlikely, IMHO, because it would hurt the top MUCH, much more than the middle class or the bottom! They are in control, they are the string pullers, and their minions and political puppets will do all that they can to keep the dollar from becoming worthless. However, there is a growing risk of a total collapse and msssive default on all US debts and safety net future obligations. This threat could also manifest if interest rates are forced up substantially through International currency markets and currency-valuation-based competition. The interest on the debt would become impossible to pay back. Such a default would perhaps be followed by a switch to a new "hard" currency, backed by gold, or an electronic and international trading currency unit composed of a basket of fiat currencies.
ReplyDeletePerhaps the most likely scenario is the Catherine Austin Fitts' scenario of a slow motion deflationary collapse over a decade or more, if they can hold it together that long (Extremely unlikely), LOL!!!
My asset allocation is: fully paid home, 5 years of food, organic Heritage seeds, solar and wind for electricity, PM's and plenty of lead and brass to protect them. And as a back up, 20% of liquid assets are held as cash, operating as a deflation hedge/ insurance policy, and to pay property taxes etc. so I don't lose my "homestead".
How long can TPTB/ the Top keep the inflation less than previous inflation game going before the whole steaming pile of poop explodes into a mass of decaying fertilizer with which to grow the next crop of serfs-and-their-overlords fueled civilization out of??? They will still hold most of the gold, and thus will most likely still make the rules....sad as that is.....unless we as a people wise up and come together, and develop a new social structure, and a new economic model coupled with a currency backed by tangibles such as wheat, rice, corn etc., and/or PM's. Is such a revolutionary shift in humankind possible??? One can always hope.....
The top invented money.
ReplyDeleteGold and Silver
The top lives off the yield from the bottom.
The bottom supplies the top with all the top has wholesale.
The top then mark it up and supply the bottom retail.
well lests say the yield is 5% and the mines are only supplying 3%.
eventually the mines will not be able to keep up.
The top or owners of the mone ysupply then have to figure out how to operate beyond the maximum potential of the gold and silver supply.
Reducing the amount of gold and silver utilized is generally the first logical step.
Paper money or other various materials are used.
Currently most of the money in the world is just electromagnetic polarity differentials on hard disk platters.
Hyper, do you think Japan radiation meltdown is part of the elite's plan to liquidate liabilities? Or is it purely natural disaster?
ReplyDeleteAll the radiation will cause an acceleration of Death.
ReplyDeleteThe top will claim the population is growing until it becomes impossible to.
Then they will claim it is shrinking by less than it really is.
Sometimes it is funny to read this stuff. All the talk about gold and silver. A speculative bubble put on people who don't realize they are going to have to sell out to survive because they ran out of paper money, which is produced out of credit.
ReplyDeleteAlexnewbee brings up deposits and credit. All deposits on bank balances are credits. The new deposits of banks are former credits of other banks and must be drawn on the bank from which they came. Who loaned that money? Well, that is what the Fed has been doing, allowing one bank to pay for its excess credits because its assets aren't any good.
What kind of dope was the guy who wrote that silver article smoking? 144 million ounces at COMEX? That is 25% of the world demand for silver BEFORE digital photography. They can assay silver to whatever purity they want. It is an element, not a compound. Sounds kind of like a lie told to a woman at a repair shop, just before the mechanic scams her of several hundred dollars. They have been telling us for 40 years there is only 1 billion ounces of silver and after 100 billion have been bought up, there is still only 1 billion ounces. They have been mining it for several thousand years and you can bet only a marginal amount of it makes it to the garbage can. 50% of the demand for silver went up in smoke with the elimination of conventional photography. This is nothing but another greedy grab for something going up in price. It has to be sold to recognize a profit. It took 20 years to sell out after the last bubble. The door won't be that wide this time.
Mr. Speaker, we are here now in chapter 11. Members of Congress are official trustees presiding over the greatest reorganization of any bankrupt entity in world history, the US government.
ReplyDeleteJames Traficant, 1993
The only money in today's system is that which flows through your very own veins. All your efforts belong to the masters who operate on the principles revealed to Nimrod. You were pledged into servitude from birth and trained to accept and embrace slavery like the good little drone you have become. Every effort you make to leave the system is likely futile and doomed to failure from inception.
Nothing is ever loaned..it all boils down to theft of funds and breach of fiduciary duty. All loan contracts are null and void but the duty of the courts is to rule in favor of the trustees of the misconstrued trust so how can one approach this situation? You can't hire an attorney, their efforts are pledged to the courts who are the banks, in a sense. Truth can not be heard in the courts and those who speak it are having their heads handed to them on a platter.Yet there is still remedy to be found for those who do not sleep upon their rights. The courts of chancery/ special equity are still alive and well if you have what it takes to invoke these powers. I suggest reading Gibson's treatise on suits in chancery which is still being referenced to this day in many of the cases I am seeing.
HT, you are correct with all you say in your wisdom posts to date. I am however curious on you thoughts about the current system we have which is now some 600 years old as you say. Are we to believe that it was all engineered way back then by the powers that presided at the time so as to benefit their decendents, I doubt their foresight was so clear or perhaps it has it just evoloved into this beacuse of the inherent flaw in mankind in that we have never been able to accept our on mortality, we are afterall the only life forms here who are aware of this & that effects all we do in my view. Assuming there was a "masterplan" who then were the designers & who are beneficiaries that must be crushed in todays world in order to prevent the impending Armageddon.
ReplyDelete