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How They and Them stole the Dollar

 
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05/16/2010 11:12 AM
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How They and Them stole the Dollar
How They and Them stole the Dollar by George Berz

What is a Dollar and where did it come from?

Dollar = Money
Money = Something of universal value
So a Dollar is a unit of TRADE of a known value

In the beginning of time people have traded one thing for another and that was BARTER. However it was cumbersome for people to carry around all their goods to barter. ie carring around a bunch of chickens to pay a doctors bill. People would trade all kinds of things for other things however most all people liked gold, silver and jewels those commodities had dense value ie it could purchase alot with little weight or bulk.

The problem with all this trading is the possibility of adulterating the trading goods, cheating scales, weights and measures being incorrect not to mention the bulk of goods traded for.

The USA adopted gold and silver coins as the basis of formalized trade and barter by fixing the weight in coin, let me explain. What made America great was the LEGAL definition of a Dollar by law an EXACT weight of SILVER or GOLD which everyone valued. so in reality a Dollar had a definition of x# of grains of silver or gold, this standardised a UNIT of trade and a DOLLAR was born. A Dollar represented to be an exact weight and legally defined. Knowing all parts in trade are necessary to make trade fair you need a honest weights and measures standard so no one could be cheated. no one had to carry around a scale as everyone knew the dollar had a exact weight of silver. It was a very simple process.

The Dollar now defined played a integral part of local and world trade as it was defined by law no one could be cheated. A dime was 1/10th of a Dollar and a Quarter was 1/4 the weight of a Dollar. So honesty in weights and measures and America blossomed. You could show up at a USA mint and give them bulk silver and gold and they would give you minted coins as one of the jobs for the mint was to coin currency, make unified weights and measure for trade and certify that each coin is identical to the next. Or trade Paper Dollars for actual Gold or Silver as defined by law.

In a barter or trade situation everyone expects a fair deal, if chicken was $1 per pound you would expect 1 lb of chicken for $1 right. You would not want to get 3/4 lb of chicken for your dollar as one side would be taking advantage of the other. So in all trade FAIR weights and MEASURES are a neccessity. Everyone wants to get exactly what they paid for. This is why we have county and or state certified SEALERS so certify pumps and scales used in commerce are accurate "States Weights and Measures Department".

Here is where the SCAM on the people begin... Ahhh how to scam the people...

People were sold on Paper Dollars by the country as a more easy way to transport all that cumberson and heavy gold and silver, ie take this piece of paper and trade it as if it was real gold and silver it was like a check issued by the government a IOU for a predetermined amount of gold or silver. Legal verbiage was printed on paper dollars "1923 1928 Silver Certificate" "This certifies that there has been deposited in the Treasure of" "Payable to the Bearer on Demand" "1922 Gold Certificate" "Dollars in Gold Coin Payable to the Bearer on Demand".

The SCAM here was to make PAPER the equivilent of Gold or Silver, and when people lost paper the government IOU for that piece of paper disappeared. Think about this for a moment, Dollars were weights of gold or silver, US Govt started issuing paper that represented they were holding on deposit for you that amount of gold or silver and if you lost your PAPER Dollar, think of it as a receipt for gold or silver, no redemption would be possible and eventually the governmnet had a substancial income from lost, weathered, laundered, torn, mutaliated PAPER dollars. As those IOU's were lost and forever missing and they the Governmnet got to keep the gold and Silver that that IOU represented. Did you know that when you issue a IOU a CHECK drawn on a checking account for Dollars and your a business and someone dosent cash that check and its totally lost technically you have to give that amount of Dollars to the State for safekeeping. Same with old bank accounts that banks customers have not contacted in a few years, its called escheating. Notice CHEAT in the middle of the word.

In 1913 The USA agreed to allow a Private Banking Cartel "The Federal Reserve Bank" The USA government wanted to expand business and commerce and needed more silver and gold to do it and did not have the dollars to do it and therefore reluctantly chartered the Federal Reserve Bank. The Federal Reserve was created to stimulate the economy by letting the RICH BANKSTERS deposit 40 cents in silver or gold in order to print and loan $1 into existance.

After the Depression there were 3 kinds of PAPER currency in the USA. United States Notes Issues as IOU's form the US Treasury, Silver Certificates Issued as certificates of actual silver deposited in the Treasury in Ft Knox and finally Federal Reserve Notes IOU's from the PRIVATE Federal Reserve Banking System.

All legal money was still redemable in actual physical gold and silver and all paper money had printed on them US TREASURY NOTE whch was a note of a IOU from the USA Treasury, that represented a fixed weight of silver or gold that was on deposit at ft knox. or owed by the US Treasury Department against all the currency issued. But now the Federal REserve could essentially print money and only put up 40% of its face value to the Treasury to hold in Ft Knox as its RESERVE. Kinda makes you wonder how many printed paper dollars are lost or go missing if they determined that 40% would effectively cover any and all redemptions for physical gold or silver.

So as of now we have four 4 of dollars in existance 1) Physical coins 2) Paper Dollars issued by the US Treasury "United States Note" and 3) Silver certificates issues by the US Treasury and 4) Federal Reserve Notes. Notice the name RESERVE, this was never intended to be a replacement currency just a add on to our existing system that was PRIVATE and ran alongside our own.

At that time the Federal Reserve in order to print dollars had to make on deposit at fort knox 40% of the face value in gold and silver for every Dollar printed. Remember a dollar was defined in law as a certain weight so they had to deposit essentially 40 cents in weight of a commodity to issue and spend 100 cents in paper. the 40 cents was a reserve and on deposit in fort knox in the hopes people would not cash in all their dollars for gold and silver at once.

So to put this in perspective if they the Federal Reserve deposit $400 dollars by weight in silver in fort know then they get to print $1000 in face value paper dollars and circulate them in this country as real dollars backed by the deposits in fort knox. And you wondered how banks become so rich...

Now our governemnt printed paper dollars and the federal reserve both printed paper dollars.

Various verbige was printed on paper dollars to make them look like they were redemable by silver or gold but in truth if all the paper in circulation came back in and people demanded what was agreed there would not be enough gold and silver to go around as the 40% reserve depoist was all there was to back up Federal Reserve Notes.

Something to note that the USA Treasury department mints coins and since dollars were defined by law as a unit of silver silver dollar coins had a exact weight and dollar paper was freely convertible to silver coin and gold coin.

So now the USA government and the Federal Reserve both are benefiting from Lost paper money as lost, burned etc paper money would never be redeemed for what was owed.

An interssting analogy, in the private sector as a business if you own money to someone and have issued a check as a IOU as a check is a promisce to pay dollars, if after 6-12 months in most states the check is not cashed by the person intended you are supposed to forward that amount of dollars to the state to hold in trust for that person, you are not allowed to hold it until they claim it, they will do that for you isint that nice. its called escheating (funny the word cheat in the middle).

To all believers that the FED and the Federal Reserve Notes are part of the USA government ask yourself why we have 2 different circulating paper dollar systems in the USA "United States Notes" and "Federal Reserve Notes"

Now this brings us to 1963 The $5 bill "United States Note" the last widely circulated "United States Note" issued by the Kennedy Administration, there have been a few issued since then but not in any great amount. You've got to ask yourself why does the USA Treasury not print United States Notes anymore and why do we continue to borrow money from the Federal Reserve and use their Dollars...

I believe the Kennedy Administration was the final turning point on the take over of our government by the big world wide banking cartels.

A few facts to look at

Kennedy was pulling us out of vietnam (Screwing big business's war machine)
Kennedy was actively printing United States Notes (Screwing the banking cartels)

Ask yourself this if you could print your own money like Kennedy was why would you bother to borrow money from a private bank and pay them interest?

What does the new president Johnson do?

In 1964 Silver was ordered out of the US coins (no more silver standard) 1965 started the current worthless bimetal coins 1965 started 1/2 dollar coins at 40% silver instead of 90% to help overcome the shock to the people of no silver anymore. 1964 and 1965 we had a sharp increase in troops going to Vietnam and the increasing war machine and public debt.

We were effectively no longer on the silver standard backing up our Dollars and the definition of a dollar became clouded. There is no more reserve requirement 0% yes that is right no more reserve requirement it is currently 0% on the Federal Reerve Bank to deposit any amount of gold or silver in fort knox to back up the printed paper money it issues and paper money is not legally redemable for a defined amount of gold and silver anymore.

So Imagine now how this works, let us say I am the Federal Reserve, I am the only one allowed to print dollars and there is no definition of what they are worth to barter with. So as a example let me print $1000 $1 bills and loan them to my good friend Jack (you do not know jack) so Jack borrows $1000 dollars from the FED and let us say we agreed to pay 10% interest in the supposed money loaned at the end of one year... So at the end of one year Jack owes the FED $1100 dollars right? Sure correct but where does Jack get the extra $100 to pay off the interest? remember the FED only printed $1000 and only $1000 is in curculation in the world how can jack pay back 1100 of anything if only 1000 exist in the world? In short the system is a scam and you can never pay off the interest on the debt because the money was never made in the first place. It is all a FRAUD a ponzi scheme, the last one holding Dollars when the music stops gets NOTHING 0 NADA ZILCH.

So look up what the definition of a Dollar is and try to see if it is a BARTARABLE unit something that we all understand its worth, remember its roots, to make commerce weights and measures simple.

Questions

Has the definition of the weight of a ounce or changed? or a Dollar? One ounce of gold was $35 by law and was for most of the time of this country so is one ounce of gold still one ounce of gold? and if one ounce of gold is now costing $1200 in USA Dollars, what changed? The ounce of gold still is only a ounce but now it takes 34x more Dollars to buy the same ounce of gold and ounce is still a ounce and 99.9999% pure gold is still pure gold, the only thing that has changed is the PAPER dollar...

Why where the Paper Dollars changed since the 1970's all paper money now only says in God We Trust. And a law statement that this NOTE is legal tender for all debts. Do you know what a NOTE is? It is a IOU like a note on a car or a note on a house it is simply a IOU issued by the Federal Reserve Bank with a denomination stamped on it that has no basis or legal definition and the Verbage "In God we trust". Then they took off all words like "Demand", "Will pay to the bearer", in Gold or Silver Coin", or certificates that there is on deposit"

The government cheats us by printing paper money in the first place by it being able to be destroyed and them benefinting form its loss

The government cheats us by un coupling the Dollar form any commodotity = taking the definition away form the dollar and letting its value FLOAT, why would you want a unit of trade to float? if would be like someone selling gas for $10 you get what we feel like giving you today...

The dollar to be a effective means of TRADE/BARTER unit of MEASURE has to have a definition and cannot FLOAT, I dont care if a DOLLAR becomes a cluck buck and is redemable to 1 lb of chicken, it needs to have a defenition to balance and make trade fair. What about basing money on labor hours, each $1 worth 1 hr of manual labor.

Aa $20 paper bill from the 1920's is worth $20 today and will buy you a belt or some cheap shoes made in China, look in a sears catalog of the day and see what $20 would get you... Now take a $20 gold coin of the 1920's approx 3/4 oz of gold at todays prices that is $900 it'll buy you alot more than 1 cheap pari of shoes.... what changed?

The government continues to allow the FEDERAL RESERVE to print DOLLARS with no restraint to pay thier bills. The govt needs more money they simply order more to be printed and borrow more. So think of this if there are 100 monopoly Dollars on the board game circulating among all the players and all of a sudden 1 player printed 100 more now there would be 200 pieces on the board and the player who printed the extra 100 would have 1/2 or more of all the assets on the board instantly creating fictional money form nothing and getting to spend that into circulation to buy more properties or hotels than other players who worked for thier money. and anyone that had saved $1 for future use really now since there is 200 pieces floating around just lost 1/2 of thier purchasing power! THIS IS THEFT BY DEVALUATION. This is why gold is $1200 a ounce rather than $35 plain and simple.

In closing our government has cheated us and now it is in collusion with the FED to further cheat us, and for those of us that still think the FED is part of the US governmnet, why do we sit around every couple weeks while its board of directors decides what to set the prime interest rates at. Even the President of the United States is at thier beck and call.

By

George Berz
[link to survivalarch] ive.com





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