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Wrecking the Economy

More and more people are starting to notice how prices and personal debts rise. The liberals say we need to sell out our companies to the open market in order to survive, while the conservatives want the same thing, albeit through a slower process. The wars for "freedom" in the Middle East are ruining the American government, yet Bush declares he's going to continue spending even more money on troops within the next years. Several leading economists claim America is about to face the biggest depression in history, Europe following the same lead. Why are our economies going down the drain and what is responsible for it?

The very basis for a healthy state economy is to set up and maintain stable companies that produce things people need, and ensure a good balance between the reserve (such as gold) and the symbolic value (such as paper money). This is why a country cannot produce endless amounts of paper bills and become rich that way; if there are more paper notes than there is reserve that amounts to the value of those paper notes, the money becomes less worth. This is simple mathematics.

In order to regulate the value of the currency, the state is able to produce more money to lower the value, or increase the interest rates to hinder the flow of money and thus decrease the amount of money in circulation. But since our societies today are huge and many people have a lot of economic transactions to take care of, the state has set up banks to manage the economic affairs on a local level. The most famous type of bank we know of today is the central bank, which is presented as a way for the government to regulate the value of money, hinder inflation (money losing its value) and manage central economic affairs. What most people don't know, is that these central banks are now operating more or less independently of the state, creating an "internal" economy inside the national economy, draining its wealth and transferring it to the hands of a few rich people in power. How?

First of all, the government doesn't run our national banks anymore. Ever heard of the "Federal Reserve Bank" in America? Well, that bank is definitely not "federal," but controlled by private stockholders with individual interests separate from that of the state economy. Further, many of these banks have started to engage in what we call "fractional reserve banking." What this means, is that the bank lends out more money than it has got reserve capital to cover for. This creates an imbalance between the state economy and the banking interests, since more money is put into circulation than what is being kept as state reserve. Economic depression hits the average citizen, not the rich banking man that will be a thousand times richer than before. Moreover, the banking people in power are generating huge amounts of private money, which they cash in from the interest rates, even if the truth is that they lack reserve to back up their lendings.

Imagine you have a hundred bricks of gold worth one dollar each. If you were an honest lender, you'd not loan out more than you can back up with gold. Say you loan out fifty dollars and maintain an interest rate on five dollar, in case your lender would not be able to return his money. That's pretty sensible. Now, imagine you do this for a while, buy home more and more gold from your interest revenues, start to print up more money to meet the increasing demands (since you're a bank now, you have the power to do this) and loan out fifty dollars each to three persons and maintain an interest rate of fifteen dollars. Suddenly you've started your own business, cashing in on people's loans, and since most people won't require their money back at any given time, no one will notice the scam: you're producing money out of nothing and you lack reserves to back them up.

This how the central banks in the West today keep getting richer, while the average citizen is slaving away for large corporations, wondering what he or she is getting out of all the taxes. But the trouble doesn't stop here. Both in American and in Europe, state companies are being sold out to foreign interest, which means the state makes quick cash to pay off the national debt - to the central banks (!) - but from a long term perspective lose insane amounts of money and force the country to import products from other nations. The very foundation of a healthy nation, are local companies producing products that other people are interested in. When you sell that out to other nations, you basically begin to slowly bankrupt yourself.

However, the average worker in the West has more to fear than just private interests and companies moving to China; the large waves of immigration that we've seen these past years, pose a great threat to the Western worker. If Stephanie Rogers makes $7 an hour on constructing buildings and Rodrigo Sanchez offers her customers the same work for $4 an hour, Stephanie is more or less out of job. Our current government calls this "humanitarianism" and "multiculturalism," but for those who've seen through the smokescreen in using people from other cultures to further enrich corporations, this is really just another way of wrecking our economy.

Some people blame all of this on capitalism or the Bilderberg group; other people blame Zionists and Freemasons. I say this is not a conspiracy and that we don't even have to fight an "enemy." We are our own enemy, because we've designed systems that only promote individual interest and greed. You can call it liberalism, you can call it capitalism - you might even call it the very product of modern Democracy, but what we're really against here, is a West that is shooting itself in the foot. We need to return to state banks where the state controls the economy, keeps the national companies in the country and deny immigration on the grounds that it disrupts culture and the national working market. We can't allow private interests to run our banks, our political offices and our culture; society was made for people to come together and create something valuable and beautiful together, not to parasite on each other and then run off with the buck when things start to get worse.

by Alex Birch

May 21, 2007

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