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Nov 2009
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Learn-from-History .com offers an Economic
history lesson |
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Learn-From-History.com |
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TLC-Life-Center ²
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March 2009 Creating a Public-Service Banking System |
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TLC-Life-Center Has Over Fifty Websites. TLC-Life-Center's Introductory Page |
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. What Would We Lose If the Present Banking System Were Replaced |
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The "Too Big to Fail" Scam |
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. What would actually happen if the entire financial system collapsed? Nobody can say for sure, but very likely it would be enough to inspire a complete restructuring of the entire, global, monetary system.
Here's What We'd Lose:
Here's What We'd Gain: We'd be forced to create a banking, finance, and monetary system that actually works. Here's an example: The home foreclosure crisis can be resolved amazingly quickly, and in the process, the entire financial service industry can be rebuilt. Readers are directed to the page titled: How to Create a Public-Service Banking System A Seven-Phase Approach toEnding the Home Foreclosure Crisis and Re-designing the Banking and Financial Systems |
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Handwriting on the Wall |
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. Some of the insider traders were wise enough to see that the day of reckoning was coming. They cashed out their investments and got out of the game before the party crashed and the truth came to light.. |
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Paying the Piper |
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. Now that the truth of the fraud and mismanagement has become come to the surface of the financial cesspool, it has become obvious that somebody is going to have to absorb the losses -- somebody must pay the bills. Because non of the problem's creators are stepping up to bail out the bankers, we, the taxpaying public, are being told the we have to. Those who run the money-lending industry are demanding that the public buy the billions of dollars in worthless, toxic assets at full face value. Doe's anybody feel sorry enough for the super-wealthy bankers that they are willing to take their their own personal health care money, their children's education fund and their retirement money and give it to the bankers? No, but we are not being asked. We are being told. That money is literally being taken form us without our permission. . |
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Not-So-Veiled Threats |
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. When you read between the lines, the bankers are saying goes something that sound like this: "Pay us or we'll screw you again by destroying the financial system. We don't care what happens to you because we have plenty of money and we can still buy anything we want. You, on the other hand, have no money and no power. Mess with us and we'll steal your homes, rape your retirement funds, deprive you of health care, and just to show that we mean business, we'll sell your jobs to merchants in India and we'll sell your real estate to Middle Eastern oil magnets and to the communist-dominated, Chinese money merchants." "In the mean time, we are going to just sit back and wait you out. When you get desperate enough, you'll come back to us on your knees." . |
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Taking a Second Look |
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. What is actually happening is that the bankers are refusing to continue lending us make-believe money and charging us usury-level interest rates on the use of their illusion. Let me say that again, this time in plain language. The financial industry is unique in that it's the only industry that has succeeded in lending/selling customers a non-existent product and charging its customers rent (interest) on the use of its product. People won't rent make believe cars or make believe homes, or live in make-believe apartments. But the banking system has succeeded in getting the public to pay for the use of make believe money. Money is supposed to be a convenient form of goods and services, but in the current monetary system, it's NOT! The money the bankers have been loaning to people like you and me is not real money. It's fake money. They have legalized counterfeiting money, with themselves having exclusive access to the printing presses. Do you recall the child's game called "Monopoly." Well, the bankers have been lending you a glorified version of Monopoly money. They call it fiat money. Borrowers are paying their hard-earned money (transferring some of their goods and services) to the super-wealthy money lenders for the use of this non-existent (fiat) money. For a full explanation of this money machine and how it works, readers are directed to: http://www.Money-God-Money.info/money-defined.html#FiatMoney . Here are some additional facts of financial life:
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The Doorway to Financial Stability |
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. The home foreclosure
crisis can be resolved amazingly quickly, How to Create a Public-Service Banking System A Seven-Phase Approach toEnding the Home Foreclosure Crisis and Re-designing the Banking and Financial Systems . |
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Section Content "The Power of Forgiveness"
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Back to the top of this page ¹ TLC-Life-Center Family of Websites Copyright © 2009 -- Robert E. Coté -- The Life Center All rights reserved. See: Terms of Use --- Privacy Statement . Site 53 -- Learn from History .com Page -- Toxic Assets http://www.Learn-From-History.com/toxic-assets.html#53 Toxic Assets-53-Learn-From-History.com . .... |
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