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THE MANDRAKE MECHANISM: A DETAILED VIEWStart with . . .GOVERNMENT DEBTThe federal government adds ink to a piece of paper, creates impressive designs around the edges, and calls it a bond or Treasury note. It is merely a promise to pay a specified sum at a specified interest on a specified date. As we shall see in the following steps, this debt eventually becomes the foundation for almost the entire nation's money supply. In reality, the government has created cash, but it doesn't yet look like cash. To convert these IOUs into paper bills and checkbook money is the function of the Federal Reserve System. To bring about that transformation, the bond is given to the Fed where it is then classified as a . . .SECURITIES ASSETAn instrument of government debt is considered an asset because it is assumed the government will keep its promise to pay. This is based upon its ability to obtain whatever money it needs through taxation. Thus, the strength of this asset is the power to take back that which it gives. So the Federal Reserve now has an "asset" which can be used to offset a liability. It then creates this liability by adding ink to yet another piece of paper and exchanging that with the government in return for the asset. That second piece of paper is a . . .FEDERAL RESERVE CHECKThere is no money in any account to cover this check. Anyone else doing that would be sent to prison. It is legal for the Fed, however, because Congress wants the money, and this is the easiest way to get it. (To raise taxes would be political suicide; to depend on the public to buy all the bonds would not be realistic, especially if interest rates are set artificially low; and to print very large quantities of currency would be obvious and controversial.) This way, the process is mysteriously wrapped up in the banking system. The end result, however, is the same as turning on government printing presses and simply manufacturing fiat money (money created by the order of government with nothing of tangible value backing it) to pay government expenses. Yet, in accounting terms, the books are said to be "balanced" because the liability of the money is offset by the "asset" of the IOU. The Federal Reserve check received by the government then is endorsed and sent back to one of the Federal Reserve banks where it now becomes a . . .GOVERNMENT DEPOSITOnce the Federal Reserve check has been deposited into the government's account, it is used to pay government expenses and, thus, is transformed into many . . .GOVERNMENT CHECKSThese checks become the means by which the first wave of fiat money floods into the economy. Recipients now deposit them into their own bank accounts where they become . . .COMMERCIAL BANK DEPOSITSCommercial bank deposits immediately take on a split personality.On the one hand, they are liabilities to the bank because they are owed back to the depositors. But, as long as they remain in the bank, they also are considered as assets because they are on hand. Once again, the books are balanced: the assets offset the liabilities. But the process does not stop there. Through the magic of fractional-reserve banking, the deposits are made to serve an additional and more lucrative purpose. To accomplish this, the on-hand deposits now become reclassified in the books and called . . .BANK RESERVESReserves for what? Are these for paying off depositors should they want to close out of their accounts? No. That's the lowly function they served when they were classified as mere assets. Now that they have been given the name of "reserves," they become the magic wand to materialize even larger amounts of fiat money. This is where the real action is: at the level of the commercial banks. Here's how it works. The banks are permitted by the Fed to hold as little as 10% of their deposits in "reserve." That means, if they receive deposits of $1 million from the first wave of fiat money created by the Fed, they have $900,000 more than they are required to keep on hand ($1 million less 10% reserve). In bankers' language, that $900,000 is called . . .EXCESS RESERVESThe word "excess" is a tip off that these so-called reserves have a special destiny. Now that they have been transmuted into an "excess," they are considered as available for lending. And so in due course these excess reserves are converted into BANK LOANS.And this is only the beginning.
Author: mrchrismcphail
Keywords: Fiat Currency Banks Money Economy Swindle Rip-Off Cheat Steal Criminal Fraud Illusion Illuminati Federal Reserve America
Added: November 20, 2008
WHO CREATES THE MONEY TO PAY THE INTEREST?One of the most perplexing questions associated with this process is "Where does the money come from to pay the interest?" If you borrow $10,000 from a bank at 9%, you owe $10,900. But the bank only manufactures $10,000 for the loan. It would seem, therefore, that there is no way that you -- and all others with similar loans -- can possibly pay off your indebtedness. The amount of money put into circulation just isn't enough to cover the total debt, including interest. This has led some to the conclusion that it is necessary for you to borrow the $900 for interest, and that, in turn, leads to still more interest. The assumption is that, the more we borrow, the more we have to borrow, and that debt based on fiat money is a never ending spiral leading inexorably to more and more debt.This is a partial truth. It is true that there is not enough money created to include the interest, but it is a fallacy that the only way to pay it back is to borrow still more. The assumption fails to take into account the exchange value of labor. Let us assume that you pay back your $10,000 loan at the rate of approximately $900 per month and that about $80 of that represents interest. You realize you are hard pressed to make your payments so you decide to take on a part-time job.The bank, on the other hand, is now making $80 profit each month on your loan. Since this amount is classified as "interest," it is not extinguished as is the larger portion which is a return of the loan itself. So this remains as spendable money in the account of the bank. The decision then is made to have the bank's floors waxed once a week. You respond to the ad in the paper and are hired at $80 per month to do the job. The result is that you earn the money to pay the interest on your loan, and -- this is the point -- the money you receive is the same money which you previously had paid. As long as you perform labor for the bank each month, the same dollars go into the bank as interest, then out of the revolving door as your wages, and then back into the bank as loan repayment.It is not necessary that you work directly for the bank. No matter where you earn the money, its origin was a bank and its ultimate destination is a bank. The loop through which it travels can be large or small, but the fact remains all interest is paid eventually by human effort. And the significance of that fact is even more startling than the assumption that not enough money is created to pay back the interest. It is that the total of this human effort ultimately is for the benefit of those who create fiat money.It is a form of modern serfdom in which the great mass of society works as indentured servants to a ruling class of financial nobility.UNDERSTANDING THE ILLUSIONThat's really all one needs to know about the operation of the banking cartel under the protection of the Federal Reserve. But it would be a shame to stop here without taking a look at the actual cogs, mirrors, and pulleys that make the magical mechanism work. It is a truly fascinating engine of mystery and deception.Let us, therefore, turn our attention to the actual process by which the magicians create the illusion of modern money. First we shall stand back for a general view to see the overall action.Then we shall move in closer and examine each component in detail.
Author: mrchrismcphail
Keywords: Fiat Currency Banks Money Economy Swindle Rip-Off Cheat Steal Criminal Fraud Illusion Illuminati Federal Reserve America
Added: November 20, 2008
from the album "We´ve come for you all"-Anthrax is a New York City-based heavy metal band that released its first full-length album in 1984. The band was one of the most popular of the 1980s thrash metal scene and is notable for being the first to combine heavy metal with rap music. The band has sold over 10 million albums worldwide,[citation needed] and is classified as one of the "big four" of thrash metal alongside Metallica, Megadeth, and Slayer.[1]Anthrax has made several appearances on television, including the programs Married... with Children, WWE Raw, NewsRadio, Cheers, and Ask Dr. Ruth among others. The band has also appeared in films such as Run Ronnie Run (performing as the fictional band Titannica) and Calendar Girls. Their song "Madhouse" was used in the video game Grand Theft Auto: Vice City in-game radio station V-Rock and in Guitar Hero II. The song "Now It's Dark" was also converted into simlish on the metal radio station for The Sims PC game. Their song "Caught in a Mosh" was featured in Guitar Hero Encore: Rocks the 80s. In 2006, guitarist Scott Ian was a cast member of VH1's reality show SuperGroup and is also featured on many other VH1 shows such as I Love the 80s and I Love the 90s.
Author: Hirngesspinn
Keywords: Heavy Metal USA Hard Rock Sott Iann Mosh HM63 Herbert MAurer
Added: November 20, 2008
Hit n Run Crew performing on the never say never tour with Joe Budden, Classified, Royce Da 5'9, D12
Author: neilly81
Keywords: hit run never say tour D12 Classified thunder bay rap music live concert Royce da 5'9 joe budden neilly neil movie great real peter jackson rocking
Added: November 19, 2008
Hit n Run Crew performing on the never say never tour with Joe Budden, Classified, Royce Da 5'9, D12
Author: neilly81
Keywords: hit run never say tour D12 Classified thunder bay rap music live concert Royce da 5'9 joe budden neilly neil movie great real peter jackson rocking
Added: November 19, 2008
Hit n Run Crew performing on the never say never tour with Joe Budden, Classified, Royce Da 5'9, D12
Author: neilly81
Keywords: hit run never say tour D12 Classified thunder bay rap music live concert Royce da 5'9 joe budden neilly neil movie great real peter jackson rocking
Added: November 19, 2008
Hit n Run Crew performing on the never say never tour with Joe Budden, Classified, Royce Da 5'9, D12
Author: neilly81
Keywords: hit run never say tour D12 Classified thunder bay rap music live concert Royce da 5'9 joe budden neilly neil movie great real peter jackson rocking
Added: November 19, 2008
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JournalNow is the web site of the Winston-Salem Journal. We provide news, sports , features, business, and classifieds to northwest North Carolina.
http://digg.com/environment/JournalNow
Acuvue contact lenses are classified as daily wear contact lenses.Acuvue contact lenses come from a trusted name company.
http://digg.com/health/Acuvue_Contact_Lenses_3
In what many videogame analysts will classify under "Holy crap! That actually works?!?", a Turkish prisoner has escaped a German prison through the clever use of a box.
http://digg.com/gaming_news/Inmate_Escapes_Via_Metal_Gear_Solid_Technique
There is no doubt about the fact that a good amount of success credit of an advertisement goes to the headline. Yes, it is a headline that can impress a reader or make him ignore the ad outrightly. The headline must have the quality to attract a reader and make him interested in reading the rest that the ad consists.
http://digg.com/business_finance/Writing_a_Good_Classified_Ads_Title_Best_Way_Classifieds
While most job hunting activities should revolve around penetrating the hidden job market, there will be job listings in print publications that are worth investigating. Responding to classified employment ads can be a big numbers game, but you can increase the odds of landing a job by the way you respond to classified employment listings.
http://digg.com/business_finance/How_to_Respond_to_Job_Classifieds_2
Short blog on Google's recent attempt to ad a single classified advert on its home search page. The blog presents the click-thru results of the week-long campaign.
http://digg.com/tech_news/Behold_the_Power_of_google_com
While most job hunting activities should revolve around penetrating the hidden job market, there will be job listings in print publications that are worth investigating. Responding to classified employment ads can be a big numbers game, but you can increase the odds of landing a job by the way you respond to classified employment listings.
http://digg.com/business_finance/How_to_Respond_to_Job_Classifieds
The utility has a simple easy-to-use user interface, with the tweaks being classified in separate heads based of their functionality. Most tweaks are hidden inside Vista, and what this tweaker does is to try and put the useful one's in one place. It has over 130 tweaks, but is yet, just a 370 KB .exe file, which does not require an install.
http://digg.com/software/Twak_your_Windows_Vista_with_Ultimate_Windows_Tweaker
University Helper - Classified Ads for Your College!University Helper allows students to search and post classified ads to find a place to live, join an organization, buy and sell textbooks, and have fun! It is fast, simple, and free! Choose your State and University, and join the University Helper community today.
http://digg.com/educational/University_Helper_Classified_Ads_for_Your_College
Saying that one believes in transparency in government doesn't mean one thinks that it would be good for the every thought of the president or other major officials to be totally transparent. There is clearly a need for some protected information—but we need to have good systems for and judgment in determining what is and what is not classified...
http://digg.com/political_opinion/Accountability_Bush_to_Obama