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FSN: Usury or Taxes?
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
from The Daily Bell
It’s the Interest, Stupid! Why Bankers Rule the World … In the 2012 edition of Occupy Money released last week, Professor Margrit Kennedy writes that a stunning 35% to 40% of everything we buy goes to interest. This interest goes to bankers, financiers, and bondholders, who take a 35% to 40% cut of our GDP. That helps explain how wealth is systematically transferred from Main Street to Wall Street. The rich get progressively richer at the expense of the poor, not just because of “Wall Street greed” but because of the inexorable mathematics of our private banking system. – Ellen Brown/Huffington Post
Dominant Social Theme: Usury must be stopped.
Free-Market Analysis: Ellen Brown has been building a case for public banking for years now, ever since writing about it in her book, Web of Debt. We’ve been in discussions with her for several years and have watched her case grow and change. Dr. Gary North has done extensive debunking of some of her arguments.
She continues, of course. In this article, she focuses on the current, fashionable “black beast” of a certain part of the alternative media: interest. Her work is based on the analysis of Margrit Kennedy who in turn utilizes some of the theorizing of a German Green Party founder, Helmut Creutz.
Continue Reading at TheDailyBell.com…
2012-11-13 13:20:58
Source: http://silveristhenew.com/2012/11/13/usury-or-taxes/
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