“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money.” – Sir Josiah Stamp, Director of the Bank of England (appointed 1928). Reputed to be the 2nd wealthiest man in England at that time.
Did you know that The Wonderful Wizard of Oz written by L. Frank Baum in 1900 is about monetary reform?
That the Yellow Brick Road represents the fallacy of the gold standard leading to the Wizard of Oz (ounce is abbreviated oz; a fine oz is 99.5% pure gold)?
(You do realize "follow the Yellow Brick Road" precedes the more recent "follow the money", right?)
That gold holds no magical nor special power as money - that it is an illusion like the Wizard’s power?
That Dorothy’s silver slippers (ignorantly changed by Hollywood to ruby for the movie’s new technicolor) contained the key to the solution (Baum’s belief that adding silver coin to gold coin would provide much needed money to a depression-strapped, 1890s America)?
That Dorothy (representing the common people – everyman and woman) always had the power to create money from other things (exemplified by her silver slippers, which the Wicked Witch of the West tried to take from her) than gold?
That the Scarecrow represented farmers?
That the Tin Man represented industrial workers?
That the Wicked Witch of the West represented banker J. D. Rockefeller?
That the Wicked Witch of the East represented bank J. P. Morgan?
That the Emerald City of Oz represented greenback money?
That only one zip code (10036) in this country spends nearly half of all the special interest lobbying money used to influence Congress? (Ok - that's not in the book or the movie
).
Have you ever heard of the MONETARY REFORM ACT...
...which basically entails The Two Step Plan to National Economic Reform and Recovery by:
1. Directs the Treasury Department to issue U.S. Notes (like Lincoln’s Greenbacks; can also be in electronic deposit format) to pay off the National debt.
2. Increases the reserve ratio private banks are required to maintain from 10% to 100%, thereby terminating their ability to create money, while simultaneously absorbing the funds created to retire the national debt.
These two relatively simple steps, which Congress has the power to enact, would extinguish the national debt, without inflation or deflation, and end the unjust practice of private banks creating money as loans (i.e., fractional reserve banking). Paying off the national debt would wipe out the $400+ billion annual interest payments and thereby balance the budget. This Act would stabilize the economy and end the boom-bust economic cycles caused by fractional reserve banking.
Do you understand that private banks having the power to create and lend money only exist for the interest such fractional reserve practice creates?
That the people - through their own government - can create money to furnish themselves with no interest charge what so ever?
Don't you think it's long past time to eliminate the loan-sharking middlemen?
Did you know that The Wonderful Wizard of Oz written by L. Frank Baum in 1900 is about monetary reform?
That the Yellow Brick Road represents the fallacy of the gold standard leading to the Wizard of Oz (ounce is abbreviated oz; a fine oz is 99.5% pure gold)?
(You do realize "follow the Yellow Brick Road" precedes the more recent "follow the money", right?)
That gold holds no magical nor special power as money - that it is an illusion like the Wizard’s power?
That Dorothy’s silver slippers (ignorantly changed by Hollywood to ruby for the movie’s new technicolor) contained the key to the solution (Baum’s belief that adding silver coin to gold coin would provide much needed money to a depression-strapped, 1890s America)?
That Dorothy (representing the common people – everyman and woman) always had the power to create money from other things (exemplified by her silver slippers, which the Wicked Witch of the West tried to take from her) than gold?
That the Scarecrow represented farmers?
That the Tin Man represented industrial workers?
That the Wicked Witch of the West represented banker J. D. Rockefeller?
That the Wicked Witch of the East represented bank J. P. Morgan?
That the Emerald City of Oz represented greenback money?
That only one zip code (10036) in this country spends nearly half of all the special interest lobbying money used to influence Congress? (Ok - that's not in the book or the movie
).Have you ever heard of the MONETARY REFORM ACT...
...which basically entails The Two Step Plan to National Economic Reform and Recovery by:
1. Directs the Treasury Department to issue U.S. Notes (like Lincoln’s Greenbacks; can also be in electronic deposit format) to pay off the National debt.
2. Increases the reserve ratio private banks are required to maintain from 10% to 100%, thereby terminating their ability to create money, while simultaneously absorbing the funds created to retire the national debt.
These two relatively simple steps, which Congress has the power to enact, would extinguish the national debt, without inflation or deflation, and end the unjust practice of private banks creating money as loans (i.e., fractional reserve banking). Paying off the national debt would wipe out the $400+ billion annual interest payments and thereby balance the budget. This Act would stabilize the economy and end the boom-bust economic cycles caused by fractional reserve banking.
Do you understand that private banks having the power to create and lend money only exist for the interest such fractional reserve practice creates?
That the people - through their own government - can create money to furnish themselves with no interest charge what so ever?
Don't you think it's long past time to eliminate the loan-sharking middlemen?
