The UK Is £1.457 Trillion In Debt, Could 2015 Be The Year We Collapse
George Osborne, Wage Compression And Balancing The Books
Every year prices rise making it financially impossible for society to live. Its all well and good looking forward to the New Year and a fresh start in London as we better our self’s each year with big hopes and aspirations achieving our dreams and goals, yes that’s all well and good.
But when we look at the bigger picture, are we really okay in our lives? I mean come on each new year brings a nice little escalation on our living costs as the travel prices increase, renting is sky high and food too and guess what? According to the Office for National Statistics the national debt has rocketed up by £89.7billion the last 12 months. That brings our debt total up to £1.4 Trillion with no signs of slowing down.
But never fear, Chancellor George Osborn is on the case, the one who was involved with drugs and prostitutes. The Shadow Chief Secretary to the Treasury, Chris Leslie said: “George Osborne is failing on the deficit. He will break his promise to balance the books by next year. The Tories are refusing to ask those with the broadest shoulders to make a greater contribution.”
The minimum wage stays the same, and the taxes and costs of living keep rising. Is London really a place for the rich? Because it is going that way, but slowly and surely we are gradually being pushed out of homes in a very deceiving way. With all this fear of having to pay the bills alone, not to mention to clothe, feed and travel there’s a one way road for most of us and that’s right, you guessed it, a lovely plastic card has found a new home along with our Tesco’s club card, the credit card!
And before you know it, you are in dangerous debt and are paying back nonexistent interest to the money hungry banking system. The more currency we have the more prices rise, this is where inflation comes from. Our entire monetary system is nothing but a form of legalised theft. And be warned, my sweet Jesus is it designed to be complex…
We live in times where we are constantly borrowing money whether it would be in The United Kingdom or United States for example, where we are creating gloried IOU’s formed by the banking system to own that nice car or to pay for that home that never really is yours.
The idea is to lend people money that doesn’t exist and to charge them interest on it. Every time you deposit a pound, a dollar or a euro you are giving the bank the right to lend for example £10 and charge interest on it. It really is a massive scam and we are forced into believing that if we save some of that currency we can pay the tax (which the more you earn the more they take) so we can put back into society.
Sir Josiah Stamp, Director and president of the Bank of England during the 1920’s said: “The modern banking system manufacturer’s money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity, and born in sin.
"Do Bankers really own the earth? Take it away from them, but leave them the power to create money, and with the flick of a pen, they will create enough money to buy it back again. Take this great power away from them, and all great fortunes like mine will disappear.
"And, they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves to the bankers, and pay the cost of your own slavery, then let bankers continue to create money, and control credit.”
Russell Brand recently said on an interview with Educate Inspire Change that “There’s this thing called Quantitative Easing- it means the government pumps our money into the finical industry to keep it afloat and what do they tell you? Ah capitalism, the free market it’s good for it, it’s competitive its holds things to together, it needs to be held together with all sorts of structures and your money.”
In America for example, once we are stuck for cash, the Treasury issues an IOU bond, which the bank then buys these IOUS with currency, the Federal Reserve then writes IOU checks which are handed to the banks for treasury IOUs, which is the bond, and currency is magically created. So, the Federal and the Treasury are swapping IOUs using the banks as middlemen - creating currency.
This process repeats over and over again enriching the banks and drowning the public in debt! Wait there is more. Once all the currency is created the treasury then deposits it into various branches of the government who then spends on public works, social programs and war. Soldiers, government employees and contractors then deposit their pay into banks.
The banks then can do anything with your money like gambling in the stock market and loaning it back out, to create more currency, which is called Fractional Reserve Leading. Get this, by law, the banks are allowed to reserve only a fraction of your deposit and loan the rest out.
For example, if you deposit $100 banks can legally loan out $90 without telling you and the bank must hold $10 of your deposit in reserve just in case you need any of it. This is called vault cash. Although the bank would have leant out your money, the reason it will still say $100 dollars in your account is simply because bank credit is in its place which is nothing but numbers the banks type into their computers.
“Commercial banks create cheque book money whenever they grant a loan, simply by adding new deposit dollars in accounts on their books in exchange for a borrower’s IOU” – Federal Reserve Bank of New York, “I Bet You Thought”, p.19.
Without doubt whether we are poor or rich we are being robbed by the banks and lied to and what’s sad is people know so little about the banking system. Conspiracy Theorist David Icke states in Remember Who You Are: “How many ask where ‘money’ actually comes from? Oh, it’s the government, isn’t it? Well no, it’s not. The vast majority of ‘money’ is created out of thin air by the private banking system owned by the bloodlines, practically the Rothschilds, and is known as ‘credit’.
The Rothschilds are a family descending from a man called Mayer Amschell Rothschild, who established his banking business in the 1760s. Mayer Amschell States: “Let me issue and control a nations money and I care not who writes the laws” His son, Nathan, who built the Rothschild Empire in Britain, also said: “I care not what puppet is placed upon the throne of England to rule the empire on which the sun never sets, The man who controls Britain’s money supply controls the British Empire, and I control the money supply.”
It really goes without saying that no matter how complex the banking system was designed there is enough proof to reinforce the fact we are all slaves within the system and no matter what it may be, whether it is religion, education, banking system, food industry, the media and pharmaceutical companies, it is all designed to keep us controlled and in line.
But there is hope we can change this. If the people come together to refuse to pay mortgages and taxes the banking system would have no solid ground, and will come crashing down! A New Year and fresh start could bring us closer to seeing the end of the banking system, something that definitely cannot last forever as people are waking up to the truth, what they are talking about could become a physical reality.