Machholz's Blog

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New December Book proposal

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Book Proposal for month of December:

May I take the liberty in proposing to my followers this latest book “Web of Debt” by Ellen Brown? I bought a copy a few weeks ago and I can wholeheartedly recommend it to any serious world citizen interested is knowing where money comes from and who controls it ! She developed her research skills as an attorney practicing civil litigation in Los Angeles. In “Web of Debt”, her latest book, she turns those skills to an analysis of the Federal Reserve and “the money trust.” She shows how this private cartel has usurped the power to create money from the people themselves, and how we the people can get it back. Her websites are www.webofdebt.com and www.ellenbrown.com

If you are looking for that elusive Christmas present  get this, you wont be disappointed!

“The best book I have read this year Machholz blog”

“The modern banking system manufactures money out of nothing.  The process is perhaps the most astounding piece of sleight of hand that was ever invented. if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit”

Sir Josiah Stamp, director of the Bank of England

 

Our money system is not what we have been led to believe. The creation of money has been “privatized,” or taken over by a private money cartel. Except for coins, all of our money is now created as loans advanced by private banking institutions — including the private Federal Reserve. Banks create the principal but not the interest to service their
loans. To find the interest, new loans must continually be taken out, expanding the money supply, inflating prices —and robbing you of the value of your money.

Not only is virtually the entire money supply created privately by banks, but a mere handful of very big banks is responsible for a massive investment scheme known as “derivatives,” which now tallies in at hundreds of trillions of dollars. The banking system has been contrived so that these big banks always get bailed out by the taxpayers from their risky ventures, but the scheme has reached its mathematical limits. There
isn’t enough money in the entire global economy to bail out the banks from a massive derivatives default today.When the investors realize that the “insurance” against catastrophe that they have purchased in the form of derivatives is worthless, they are liable to jump ship and bring the whole shaky edifice crashing down.


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Author: machholz

I started this Blog to get out of my system the absolute rage that I have for the corrupt politicians and their Banker Buddies. I’m an ordinary guy, married with kids, and have firm opinions of what is right and what is wrong. I’m not afraid to say it even when it makes me unpopular. I reproduce news all manner of articles, but will always confirm the source of the articles; this is a compliment to the source of such news pieces. But if you do not agree with this and you are the original author, I will take down any article when requested to do so. I do not assume that the author of the news articles share with my views, I include news articles to give readers another slant to my views or to illustrate what the mainstream news media say on the relevant topic. The opinions expressed are my own but I do not accept liability for them, If I have offended you or made a factual error please put on record the truth by leaving a comment. In addition, my thoughts and opinions change from time to time...I consider this a necessary consequence of having an open mind. This weblog is intended to provide a semi-permanent point in time snapshot and manifestation of the various memes running around my brain, and as such any thoughts and opinions expressed within out-of-date posts may not the same, nor even similar, to those I may hold today. For the record I am currently an Independent political activist and am not affiliated to any political party

One thought on “New December Book proposal

  1. many people have the same anger

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