Wednesday, September 07, 2011
http://alcuinbramerton.blogspot.com/2011/04/altnews7-1ab-alcuin-alcuin-bramerton.htmlAlcuin Bramerton Twitter .. WikiLeaks Master Mirror Sites .. #1ab archive
Alcuin Bramerton profile ..... Index of blog contents ..... Home .....#1ab
Universal debt forgiveness and the imminent global debt jubilee
• When debt is fraudulent, debt forgiveness is the logical and only remedy.
• Debt or credit which cannot be paid back is never an asset; it is always a liability.
• All debt which charges a percentage originates in delusion. Debt grows exponentially indefinitely; income and other financial growth cannot do this.
• The total amount of money in circulation today in the West can only pay for a tiny fraction of the total private and public debt in the West. This fact is evidence of systemic fraud.
• Debt is manufactured through fraudulent means to reward a creative criminal élite.
• If the intention of a financial transaction tied to a loan, or tied to a financial inducement, is extortion, if it is, in effect, an élite bankster scheme to bamboozle the borrower with small print or to blind him with science, that loan or inducement, should be struck off the record immediately and completely. The debt was not incurred with the informed consent of the borrower. The debt did not benefit the borrower. And the élite lender was well aware of these facts when the loan papers were signed.
• You cannot solve the debt problem by issuing more debt. You solve the debt problem by cancelling, completely, all national, corporate and personal debt. You do this simultaneously across the planet, and you do it permanently.
5 comments:
This information is good stuff. It reveals where we are in the USA and points to an actual remedy to our problem. However, it stops right in the middle of thought with no suggestion as to what to do next. This article is incomplete and needs to be finished. Why not do it and put the whole thought together. It needs to be said over and over again when we are to do.
Do you actually think the dark cabal will forgive all debt? That's a pipe dream! They want all people to go into debt so they can confiscate everything we have. Nice thought though!
....part1/2..............You don't need a slide rule, a set of log tables or a high frequency trading algorithm to see the light. Everyone on Main Street now knows that the Western cabal's fixation with fiat-paper capitalism, is a busted flush. Debt does not work as the basis of a global financial system. Behind the scenes, all the indications are that ..... universal debt forgiveness is set to be announced. A global debt jubilee is waiting in the wings. The Doctrine of Odious Debts has been spectacularly revisited. The default position of the global financial system is to be permanently reset. The vaults are stocked. The precious metals are audited. The new gold-backed regional currencies are printed, minted and ready. ....The Iraqi argument for debt forgiveness, had a sound basis in law. ......The Doctrine of Odious Debts was created to further international finance by limiting the ability of governments to repudiate debts. Three conditions had to apply before a sovereign state could repudiate a debt: (1) The debt must have been incurred without the informed consent of the citizenry of the state. (2) The debt must not have benefitted the citizenry of the state. (3) The lender must have been aware of conditions (1) and (2) at the time that the loan papers were signed. The United States employed these principles after the Spanish-American War to repudiate the Cuban debts. ....In Canada and most European nations, the lending of state enterprises, is generally hidden from taxpayers. Canada's export credit agency, Export Development Canada, for example, is exempt from Canada's Access to Information law. In the case of Iraq, state agencies from France, Germany and Russia may have made questionable loans.....
..........part2......... If the intention of the financial transaction tied to the loan, or tied to the financial inducement, is extortion, if it is, in effect, an élite scheme to bamboozle the borrower with small print or to blind him with science,.... that loan or inducement, should be struck off the record immediately and completely. The debt was not incurred with the informed consent of the borrower.... Universal debt forgiveness is on the way, as an essential precursor to the planet's new gold-backed financial system. It has deep historical roots and powerful support in natural law. This imminent global debt jubilee, is organically related to the disbursement of The World Global Settlement Funds, to the long-planned public NESARA announcements, and to the opening of Pandora's Suitcase..... other economists have been vocal on the debt forgiveness issue as well. In particular, Zeus Yiamouyiannis (plus here, here and here), Steve Keen (plus here) and Michael Hudson (plus here). Citing both Keen and Hudson, Yiamouyiannis is persuasive. When debt is fraudulent, debt forgiveness is both the logical and the only remedy for the situation. ...The only way to erase counterfeit money and counterfeit assets amounting to hundreds of trillions of dollars, is to erase the debts associated with these fake assets. They are not toxic assets. They are fake assets.....Stentorian calls for austerity, are nothing more than the delusional efforts of a fraudulent bankster status quo, to avoid the consequences of its own error and fraud. The élite demands for austerity,are a self-serving effort to kick the profit-can down the road in perpetuity.... Fabricated or parasitic so-called “wealth”, destroys value by diluting the value of real productive wealth. Debt or credit which cannot be paid back, is never an asset; it is always a liability.... The total amount of money in circulation today can pay for only a tiny fraction of the total private and public debt. This fact alone is evidence of a kind of systemic fraud. This is why debt forgiveness, makes not only moral, but also rational and mathematical sense. ... You solve the debt problem by cancelling, completely, all national, corporate and personal debt. You do this simultaneously across the planet, and you do it permanently.... You don't establish the value of something by sticking it in a market. You establish the value of something by giving it away free, and seeing what social value accrues as that something is used locally to energise cooperative livelihoods and free barter. ...It is beginning to be talked about, in public, by national parliamentarians. At the end of August 2011, in Ireland, the Irish Finance Minister, Michael Noonan, had to respond to organised calls for debt forgiveness in connection with his EuroZone nation's struggling mortgage borrowers. ...... Source is :
http://alcuinbramerton.blogspot.com/2011/06/universal-debt-forgiveness-and-imminent.html ..
When Debt is Fraudulent (ODIOUS), Debt Forgiveness Is The Logical and Only Remedy. Posted By: Lion [Send E-Mail] Date: Wed, 7-Sep-2011 23:36:31It's time to STOP ..suggesting..... forgiveness of ODIOUS DEBT.It's time to ....DEMAND.... forgiveness of ODIOUS DEBT that is strangling the life out of the world. But then, ponzi-scheme strangulation is what FIAT BANKSTERS do best - is it not? The Fed and the Treasury's Exchange Stabilization Fund's "Odious Debt Creators" will string you along as far as you are willing to go.
http://www.marketskeptics.com/2011/06/the-esf-and-its-history.html
When YOU let make them understand - that YOU understand their fraudulent gig - their gig is up. That is when the fat lady really begins to belt it out. ....(....)"Odious Debt" - A Definition http://www.zerohedge.com/article/odious-debt-definition
http://www.rumormillnews.com/cgi-bin/forum.cgi?read=215025
............and.............World Debt Is Unpayable:The Only Solution is Monetary Collapse
Posted By: Lion [Send E-Mail] Date: Wed, 7-Sep-2011 22:58:41 It's ironic. The average Joe off the street could reach the same conclusion with a few minutes of reasoned thought, but armies of talking heads, economists, and politicians, are still trying to defend the indefensible. Lion // Source: http://www.globalresearch.ca/index.php?context=va&aid=25316
Global Research, June 20, 2011 International Forecaster - 2011-06-18
World Debt Is Unpayable: The Only Solution is Monetary Collapse. By Bob Chapman ....(...) We definitely need to re-pass the Glass-Steagall Act that we fought hard to protect 13 years ago. We can promise you that if Greece defaults eventually the ECB will be insolvent. We have dreamed of that day for 12 years. The destruction of the ECB and the euro zone, which would in part destroy the Illuminist drive into world government. We think in order to avoid such a catastrophe the ECB would simply print more money as the Fed has, prolonging the agony. The real bailout mechanism would be France and Germany to put up their gold, to save the euro zone and the euro. That is if the US allows Germany to have their gold. We can promise you that if the politicians of these two countries attempted to use their countries gold as collateral or propose its sale, they would be lynched. Like the Fed, the ECB has no credibility left. It is obvious that these two central banks only mission is to save the financial system that owns them. When are people going to smarten up? The ECB and the bankers thought Greece and the Greek people would be a pushover. The bankers thought they would just move in and loot the country. Once the Greeks were educated on the issues, they made the proper choices. That is why we spent so much time on radio, TV and in the press there. Now they know the truth and the bankers, the euro and the EU are screwed. The ECB, as a result, is dead meat, whether they realize it or not.
World debt is unpayable, especially that of the US, UK and the euro zone. The only solution is collapse. There can be no saving the system. It is only a matter of time and what the catalyst is. It could be Greece.
** http://www.globalresearch.ca/index.php?context=listByAuthor&authorFirst=Bob%20&authorName=Chapman ** http://www.rumormillnews.com/cgi-bin/forum.cgi?read=215020 ..
Post a Comment