22 votes

Banker Admits “We Engineered the Global Financial Crisis”

Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.


Get with others in your community to figure out how to forgo the Federal Reserve Note.

It is obvious that there is not enough gold and silver distributed in order for communities to use them as a common currency. In order to avoid complete chaos once the FRN magically becomes worthless, it is prudent to have a contingency plan in place to keep the commerce in your community going.

Anyone know of any good ideas?

Doesn't that depend?

"there is not enough gold and silver distributed in order for communities to use them as a common currency"

If silver = $300 per ounce and gold at $10,000 there might be an equal amount of silver and FRN. Remember M1 is only a tiny fraction of the total money out there. Most of it is in the form of fractional reserve digits, not paper notes. At some price level, there might be! The thing is, they are using not just a printing press, but also insane LEVERAGE. Even if we solve the fiat problem, we still need to address the LEVERAGE problem.

'Localism, A Philosophy of Government' has the right answer on money, and some of it could be applied to what you are talking about on the money half of the equation. Hugo Salinas Price had an idea for how to treat the silver libtard that could also represent an intermediate step.

Localism is for people who can still sleep at night even though somebody they don't know in a city they have never been is doing things differently. ("Localism, A Philosophy of Government" on Amazon for Kindle or Barnes and Noble ebook websites)

How about Chamber of Commerce bucks?

I think if the Chamber of Commerce is uncorrupted that they may have a network which could help across America.
Josf http://www.dailypaul.com/259985/liberty-day-challenge-july-4... advocates transferring off of FRN to
end the fed
end the irs
bring the troops home
(Josf has a wealth of non FRN currency examples)
Ithaca, New York, already has another currency this: http://www.ithacahours.org/


Cause and effect - simple

The cause of the bust/depression/collapse/hard times is as obvious as the nose one someone with common sense.



"Society in every state is a blessing, but Government, even in its best state, is but a necessary evil; in its worst state an intolerable one: for when we suffer, or are exposed to the same miseries BY A GOVERNMENT, which we might expect in a country WITHOUT GOVERNMENT, our calamity is heightened by reflecting that we furnish the means by which we suffer."

No common sense, you won't see it.

The DEBT notes are not tickets of credit earned by those who produce things of value. They are tickets of credit earned by those who steal.

If the thieves (The FED/IRS/Misled Troops) collapse their money tree, who is to say that that is bad?

Those who depend upon it, certainly.

Those who find inventive ways to credit each earner with the credit due to them, have no use for "providing the means by which we suffer" so good riddance, and the sooner the better, meaning the sooner credit based honest money flows, the sooner any dependence upon criminal debt based money no longer exists.

What aught to be understood, or discredited as being false (not likely), is that those provisions as we provide the means by which we suffer through The FED, and The IRS, and those MISLED Troops, is World War III, already started, and the purpose of it, the purpose of World War III, like World War II, is to perpetuate "providing the means by which we suffer", under a new name.

The current name of "providing the means by which we suffer" is the three headed dragon called The FED, The IRS, and the MISLED Troops, and there is one name for that, and the one name is The Dollar Hegemony, or, alternately, The World Reserve Currency, The IMF, The World Bank, The United Nations, Wall Street, Washington, The Pentagon, The Military Industrial Complex, or The New World Order.

Or simply:


The plan was World War I and II (really one homogenous whole) to move The World Reserve Currency Monopoly Power from England to America, and that went well, at a cost, a cost that amounted to "providing the means by which we suffer", the Central Bankers didn't suffer, they had fun, and they profited, they kept their baby going, and the targets paid the bill.

That was World War I and II.

Look up the work by Anthony Sutton, see for yourselves, and I'll link those for you, since I can, and it may be important to keep these links current:


The money is being spent (Central Bank Printing = "providing the means by which we suffer") on WAR MAKING.

War making costs a lot of calories/power/kilowatthours/energy/force/joules/amps/horsepower/foot pounds/blood/sweat/tears.

Does someone think that Air Craft Carriers fall from heaven?

Made in China

Keep paying into it, keep investing, and you will get what you pay for, and then some, and it is called DEBT and you get the bills.


OK, don't listen to me, how about the officials at Central Bank Center while Home Base is imported to American and not yet imported to China (World War III is the change over move on the Grand Chess Board).


"Section 4.
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."


Someone, in a uniform, you buy, will be collecting the Debt, so if you are reading this, then you can't say that you have not been warned, when the Uniform worn is Made in China.


Plain as day, and matter of fact..

"The politicians were clever, and blamed it on the banks."


But I am out of beer right now lol



the first video was interesting, but the 2nd video blew my mind!

Cyril's picture

Yup. Amazing, ain't it?

Yup. Amazing, ain't it?

One of our fellow Daily Paulers had first posted the 2nd video a little more than a year ago, indeed:


"Cyril" pronounced "see real". I code stuff.


"To study and not think is a waste. To think and not study is dangerous." -- Confucius

scawarren's picture

I remember Dr. Paul grilling

I remember Dr. Paul grilling old Ben over 9 trillion apparently is more than that?!

It is easier to fool people than to convince them that they have been fooled. – Mark Twain