Posts Tagged ‘debt’

the dollars 4 gold scam

Friday, June 4th, 2010

You may be familiar with a service called Dollars 4 Gold or another service like it. The service they offer is rather simple. They will send you a kit in which you can mail them any unwanted gold jewellery and they will send you a cheque back as payment for the gold you sent them. Below is the commercial that is shown often where I live.

This ad drives me crazy. It starts out by preying on the cancerous consumerist mindset that is ruining our world. The premise of having some old junky jewellery lying around and then paying bills and getting shoes is absolutely terrible. I’ll elaborate as to why further on into the post. Then the rest of the commercial is full of classic over-salesmanship and lame testimonies by paid actors and actresses.

There are all the superficial reasons as to why I dislike the ad, now for the root of the matter. I have a feeling that this is a large scam being perpetrated on the public. Not in the fact that you may not get the “money” value of your gold but by the very fact that we are being enticed get rid of our gold at all.

If there is one thing you come to understand about money it has to be what its real value is. The real value of money is nothing. At the end of the day money is merely paper or a number in a computer. When you hand your gold over for money you are trading it wilfully for paper or digits. While that may all seem fine and well because your paper and digits can get you other things you want, like shoes, I don’t think it is going to be that way forever.

We have just been through a major economic earthquake where we have seen the value of currency get shaken very easily. Gold’s value however continued to climb through all of it. Please understand that gold and precious metal always holds its value. That’s why back in the day money’s value was determined and managed by gold reserves. But that’s a long time ago and things don’t work that way anymore.

My concern is founded by the fact that the people in charge of things are always a couple steps ahead so we need to look at what is happening now to try and make a good guess as to what is going to happen down the line. Let me explain where this line of thinking is coming from.

A number of months ago I watched a documentary on TV called “House of Cards”. The show focused on the very housing market bubble that caused the aforementioned economic earthquake. Before this turmoil started there we’re tons of advertisements on TV offering the services of refinancing mortgages to unlock equity that people had in their homes so they could expand their shoe collections, or whatever other useless consuming they wanted to do. The ads offered ideas like getting pools, cars or shopping sprees. The commercials were basically financial traps broadcast into our living rooms. After these ads ran for the better part of a year and millions of people had put themselves in a precarious financial situation the trap were sprung and many families homes we’re stolen via variable rate mortgages that saw the interest rates skyrocket.

To me that is a very deliberate ploy. Now I will concede that no one was forced to use this service but if you dig a hole and cover it with a blanket and put a toddler on one side and you stand on the other side waving a lollypop it doesn’t take much brain power to figure out what the result is going to be.

So let’s keep moving. My point is that there was a rash of commercials that offered something promising and attractive then shortly afterwards millions of people felt the pain of their decisions. So how does Dollars 4 Gold fit into this? Gold has worth, paper doesn’t. I have been reading that with all the fall out of the housing market governments were forced into more borrowing to get out of the mess. This in turn has created a new bubble, a bailout bubble. It is much bigger and much worse than the housing bubble was. How long is it before that one bursts and creates a bigger problem?

If the dollar went bunk and was no longer accepted anywhere gold and other precious metals could be used to trade for food and other necessities. Wouldn’t you wish then that you had kept your gold instead of getting some paper?

You also need to know a little history here to be wise and well prepared. After the original stock market crash and ensuing great depression in the 1920’s gold was seized from the public forcefully under the law. Before then there was a gold standard amd the US dollar used to say redeemable in gold on it. Afterwards the dollar was labelled as legal tender. Meaning it was recognized as tradable money good for buying things and paying taxes. As a side note there was a time in history where a kingdom used sticks, called tally sticks, with notches cut out of them to denote its value as their legal tender. Any person today would think thats crazy, but isn’t paper just as ridiculous?

People in high places that make the rules know where the value is and they want it for themselves so that we are left in a desperate spot. The whole thing is about leverage. They want your gold so you won’t have anything of value. The larger scope, which will be reserved for another post, is the motivation for a world government with world banks. Mark my words; this will be sold to us after the next crisis as the answer to the problem. A public that is poor and starving will be happy to accept whatever is offered that will get food on the table and a new currency in their pocket. At the end of the day the ploy is about leaving people desperate so they will accept whatever alternative is offered to them.

You need to protect yourself. Keep your gold. It may be the only thing that will get you through an economic disaster that sees the dollar worth its weight in paper. Lets also not forget that the Bible warns us that the love of money is the root of all evil (1 Timothy 6:10). In times like this and in the face of all this information, does that not ring loud and clear as truth?

Below is a preview of the documentary House of Cards. It was all I could find online. If you can find it on DVD or it gets reaired, watch it. Also check out the other posts in the money catagory on my site. Thanks for reading.

meet david icke

Tuesday, October 6th, 2009

David Icke is a very interesting person. I first heard of him in a documentary I watched maybe a year ago. There were some clips through out the video of him speaking and I found what he was saying quite compelling. So I researched the documentary and found out his name… ran a search on google and youtube and to my amazement I found tons of stuff. Books, lectures, videos… tons of content. I was surprised I had not heard of him before. I’ll let you get to know him through the video below which is only about 8 minutes long. He is speaking about what money actually is… he is a great speaker, always logical and builds in an easy to follow way.

It is worth me noting that he is not without contreversy in some circles for some of the topics he covers. He has spoken quite ill of organized religion in that he sews it into the systems of control as being corrupt and a lie to manipulate people. While I am sure some of that is true in some areas I think he misses the boat in a lot of others. I only mention this if you take the time to do some research on him because it could come across as though I support someone in opposition to my beliefs. The simple root of the matter is that the teachings of Jesus Christ defeats every single enemy or force that he speaks of as being against us. Anyway, I found that video interesting today and wanted to share it… what do you think?

not a great picture

Thursday, June 18th, 2009

A friend forwarded this to me yesterday. In a nut shell it is a series of line graphs comparing the progress of the first great depression to our current economic situation which has been cleverly called the “Second Great Depression”. These graphs are not an inspiring sight. I went over them a few times and looked over the pages and couldn’t really find any sources for where the information comes from, which kind of bothers me. I get into this stuff pretty deep but I do try to level myself by finding corroborating evidence from somewhere else. The internet is ripe with mis information.

I wonder sometimes…
I am no economic scholar but a question comes to mind when I see this information. If there is a pattern to it, does that by any chance mean the cause or origin of the problem is the same? Alternatively it makes me wonder if the problem is similar wouldn’t the solution to the first problem also be the solution to the second problem? I will admit that is very presumptuous on my part.
I am a very skeptical person on banking and how money makes the world go round. One small and compelling illustration to this point would be the short video below. I have a lot to learn about the world of finance, but this gentleman uses a very simple demonstration. (Note his use of the word usury in the video, it was a term used in the Money as Debt video I posted earlier)

debt = slavery

Sunday, June 14th, 2009

In response to the illusion that is money
Let me front load this article with the fact that Money as Debt was made in 2006 and since then it has been updated once and an all together new version has been released. You can visit the official site that represents the movie here.

I have to say this video weighed pretty heavy on my mind after I first saw it in early 2009. Some of this stuff I knew and some of it I had my own gut feelings about before seeing it. For example whenever I would hear in the news about national debts being measured in billions and trillions and hearing about massive credit debts of individuals I always wondered how that could be.

I find most of the quotes throughout the video very interesting. For example:

The process by which banks create money is so simple that the mind is repelled.
John Kenneth Galbraith Economist

the money trap

the money trap

I think this quote is very true. Who really thinks about where money comes from? As long as it shows up on a cheque and gets into a bank account no one really has an issue. But that is only one side of the coin; there is the whole debt issue. People gladly spend on credit cards and do not think of the consequences. Where does this money come from and why is it so redily available? If someone puts “free money” under a box propped up by a stick with a string tied to it, you should go the other way. Nothing is free and debt is leverage for the lender.

Here is where I get stuck and my brain starts to hurt.
The bank is privately owned, not by the government. The bank is in the business of producing and distributing money to governments to be used in worldwide economies. A good business practice would be to lend out the money, get paid back while making a return on the loan. Repeat the process and become monstrously rich. But that is not what’s happening. The bank has loaned out money in such a fashion that it can never be repaid. Does that seem like good business to you? I am left to assume that this is on purpose and a strategic part of their business plan. As the video explains when a loan is taken the only thing of value in the transaction is the collateral put up against the loan. So these astronomical debts are really giant points of leverage. Why else would they operate this way?

So here we are at the mercy of paper rectangles, metal circles and some numbers in a computer. It’s almost incomprehensible to me and no one thinks about it. Isn’t it also interesting that money is not really talked about in school at all until you go to post secondary?

Why debt = slavery
Once a sizable debt is taken on by an individual they are no longer in control of what they have. Someone is now legally allowed to be in your pocket taking whats yours plus interest. So here you are working to pay someone who does not know you, nor you know them. Debt also carries an amount of stress that varies with the size of the debt so your happiness is hindered. Is it not a scarey thought that the very people we borrow money from have the ability to manipulate the economy and money supply? If they choose we can lose our jobs and the means to pay back our debts. If this occurs we are at the mercy of their desires. That sounds like slavery to me.

This subject is a very large one and it is something I want to address from time to time. I will end this shortly because I could go on and on. My intent behind this post and the video is just to get you thinking. I want to leave it here with a few more quotes from the video and two pieces of scripture from the Bible.

This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money, we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defect remedied very soon.
Robert H. Hemphill, Credit Manager of the Federal Reserve Bank of Atlanta Georgia

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None are more enslaved than those who falsely believe they are free.
Goethe

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Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal, there is no human relation between master and slave.
Leo Tolstoy

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The rich rules over the poor and the borrower is the slave of the lender.
Proverbs 22:7 (ESV)

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Will your debtors not suddenly arise and those awake who make you tremble? Then you will be spoil for them.
Habakkuk 2:7 (ESV)

*The words in bold are links to definitions if it will help put the verse in context.

It seems to me the Bible had this theory down a long time ago. Does this ring true with you at all with the current econmic crisis we are facing? We are being forced into more borrowing which only deepens the world’s plight in the hands of bankers. Indeed this is slavery. What other options are there?  Share your thoughts with me. Stay tuned for more on this subject. Thanks for reading.

the illusion that is money

Sunday, June 7th, 2009

I want to start on the topic of money because money touches almost every other aspect of where things are going to go from here. This post is not going to be verbose because the video I am providing will do most of the talking for me. I am going to post this video and then publish some commentary on it a little later. Please, watch the whole thing. The animation is a little rough but the commentary and information are excellent.