After 90 Years, Germany to Make Final Payment to Bankers Today for WW1 DebtSubmitted by We the People on Sun, 10/03/2010 - 10:17
After more than 90 years, Germany will make it's final payment to bankers today for it's World War I debt. These payments and transfers of property and equipment were forced under the Treaty of Versailles because the victors of the war claimed those defeated were solely responsible for all the damage. In today's dollars, the victors decided that Germany had to pay them $389 billion.
This enslavement of Germans is said to be the catalyst that led to Hitler rising to power.
How can a government pay debts? The only way a government can pay debts is by taking the money from the people, in this case, many of whom obviously had nothing to do with events that took place 90 years ago. When a government takes on debt due to the corruption and crimes of those in power, it essentially enslaves the people - the entire nation is forced to pay for the debts and crimes of the corrupt few in power.
In a free country, labor is never taxed, because labor is the sole possession of the person that produced it. This is a principle the United Sates of America was founded upon, but in 1913 the bankers took over America also, illegally creating the IRS and Federal Reserve bank.
Debt is used by bankers to enslave the world using counterfeit paper or digital money, which they print or type up out of thin air, yet expect people to work hard and pay back at interest. Such paper or digital money, which is not backed by anything, is called Fiat currency. Fiat currency is fake money - it is literally counterfeit.
Another fraudulent system that bankers use to create money out of nothing is a Ponzi Scheme called Fractional Reserve Banking. This is when banks lend out more money than they actually have, only keeping a fraction in reserve, and then charge everyone interest for it all as if it all actually existed.
The reason all the money usually ends up with bankers, whom then in turn bribe politicians and use the media for propaganda, is because they are earning interest off money that never existed. They are counterfeiting and committing fraud. No honest people can compete with a business that engages in counterfeiting and fraud. That's why we normally throw such criminals in prison, which is exactly where the bankers should be.
You are probably a slave and don't even realize it. Think you're not a slave in America? How much of your paycheck or labor does the government take from you? The average person has half their money taken in various taxes, fees, and registrations. If 50% of your labor, or any amount for that matter, is involuntarily going to someone else, that is slavery.