Here is the text...and if anyone knows how to post the videos, please do so...thank you...
Wednesday, 28 July 2010
The Clock Is Ticking (on the western money-as-debt system)
Moeen Yaseen is a sharp and constructively forward-thinking guy. I met him at early 9/11 truth meetings. He has been doing great work with Global Vision 2000 since he founded it.
Below is a short but absolutely fascinating talk given at a recent Global Vision conference by Muhammad Rafeeq, a banking consultant, who addresses the moral as well as political consequences of our money-creation system.
He tells of the Turkish government's efforts to introduce money into the Turkish economy by spending rather than debt i.e. creating the money themselves rather than borrowing it (before introducing it into the economy) and the consequence of this attempted initiative.......the promise of a military coup from a majority delegation of generals of the Turkish army.
Britain created over 80 of the world's central banks and the exchange rates between these currencies are decided in London.
This system gifts monstrous power to London.
Here, within these mechanisms, operates the heart and mind of the beast.
The City of London/Wall Street/European Central Banks dominate all, so it should come as no surprise that this is the coalition that our young people are sent to fight and die for.
It is fascinating and a bit scary to understand the threat that may be about to emerge as a challenge to the western money-lending monster (this issue arises towards the end of the talk).
Is quelling and neutralising this threat what all the lying, psychopathic, lunatic aggression (we see from the US/UK/Israel war machine) is all about?
......because the bottom line is obvious. In our venal, dumbed-down, unspiritual, reckless world, whoever controls the money controls everything else (or, at least, think they do).
However, one look at the Government Debt/Revenue ratio for ourselves (about the same as Greece's, 8:1) and the USA (about 16:1) and the whole house of cards starts to look extremely unstable.
J.P. Morgan's Derivatives/Capital ratio runs at a staggering 2000:1
Is this system ****ed or isn't it? Webster Tarpley has been saying for years that our banking system is now unfixable ($1.5 Quadrillion of toxic derivatives in the system) unless everybody agrees that these derivatives be "wiped out".
Obviously there are people in Wall Street and the City of London who disagree. They prevented any regulations being introduced that would interfere with their use of derivatives. They cannot allow mountains of fictitious assets to just disappear. They also believe they can use derivatives to attack other economies and keep the heat away from themselves....
......but on July 12, Niall Ferguson, an historian (and friend) of empire, warned that the American empire could collapse suddenly from weakness brought on by its massive debts and that such a collapse could be closer than we think.
Before they can kick off a war, please God.
End floating exchange rates, establish a global minimum wage as the basis of foreign exchange......fraudulent government statistics exposed.....the utter shiftiness and obsessive secrecy associated with the Bank of England........and more besides......
......much food for thought here: