There Will Be No Default On The U.S. Debt. Here Is Exactly Why

BeforeItsNews  October 8 2013

This is the third time the moneylenders have tried take over the known civilized world and bankrupt it with usury. With the leverage of a Permanent War Policy, this time they’re as near as we are damned to succeeding!

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Tiberius threw them out of Rome around the time of Jesus (although He gets the credit) and twelve hundred years later, Edward the First threw them out of England, lock, stock and anyone associated with them “over matters of Usury, which the moneylenders did not apply to themselves or their families and relatives”.

They are back.

“The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the government since the days of Andrew Jackson. It may be recalled that (he)… was so enraged by the tactics of bankers that he said: “You are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning” President Wlson, November 1933

And have been back for four hundred years this time. But this time they sit on Tiberius’ throne, on Henry’s – as our rulers. – Tom Dennen

Federal Reserve SystemThe third attempt to bankrupt civilization after Tiberius’ Rome and Henry’s England began with the first ‘pump and dump’ demonstration on the Amsterdam stock market in 1670, a commonly sidelined phenomenon called Tulip Mania .

The ‘Tulip Mania’ demonstration was in reality the beginning of financial coup that finally allowed the moneylenders to achieve loan sharking ‘legitimacy’ among European governments who, instead of throwing them out, embraced them and colluded with them in the creation of the “Boom-Bust” Capitalist paradigm.

The rich began to get richer and the poor, poorer.

But the middle class merchants, just like in Amsterdam, amassed enough wealth to continue with ‘stock market investments’ in a system rigged to the House and were reguarly cleaned out.

The first attack by the Capitalist paradigm on European civilization was the massive theft of middle-class wealth after the the South Sea Bubble burst in 1720.

The following statement is paraphrased from “The Great Reckoning” by James Dale Davidson and William Rees-Mogg, Sidgwick & Jackson, published in 1993 as a guide for rich investors, people who could afford the million-dollar entry fee for gambles like the TED Spread.

“On average, every forty-six years, for the last four hundred years (the lifespan of Capitalism) there has been a commodity peak in the world’s stock markets, followed by a crash, followed by a depression.

* First Time: Commodity prices peaked in London, 1711.

  • The South Sea Bubble burst exactly nine years later in 1720.
  • Depression followed

* Second time: Producer prices peaked in London in 1763. The London stock market crashed again in 1772 (nine years later).

  • Depression followed

* Third time: Commodity prices peaked in London in 1816.The London stock market crashed in 1825 (nine years later).

  • Depression followed.

* Fourth time: Wholesale prices peaked in New York in 1864. A worldwide assets crash began in May 1873 (nine years later).

  • Depression followed

*Fifth time: Then followed our beloved Great Depression in the 30s, about which much has been said, from which, little learned…

* Sixth time: Commodity prices peaked some fifty years later in Tokyo, in 1980

  • The Tokyo stock market crashed in 1989 (again, nine years later).

The depression following that crash is still upon us, the dot-com mini boom all that was given as the theft continues, studded with ‘double-dip’ recessionary crashes like the 2008 Sub-Prime Wall Street / US government collusion in a gigantic fraud.

It is interesting to note that each Depression was bracketed by expensive wars (paid for by the depressed population) and today’s wars are the most expensive of all, a forty-five year American Imperialist expansion.

Look around at a largely starving, unhealthy, frightened, bankrupt, war-wracked world and do the math.

History clearly details the reason why the Old Testament and every religion, philosophy, town council, and government in the world including Islam – even boarding schools ban lending money at interest.

The real world regards usury as a sin: It disrupts the workings of human society by the theft of a fellow student’s pocket money through interest or a sitting government’s tax base through property foreclosures leaving owners without the means to pay tax.

Today, all western governments are ‘servicing debt’ rather than delivering services to the people, and this is not the function of government, rather a crime against the whole of humanity.

The consequences of that crime are before you, filling every news medium and cranking up the fear in your own hearts that Iran will soon be annihilated with nuclear weapons leading to World War Three, the destruction of civilization and possibly the human race.

And yes, it’s all about the love of money, “the root of all evil.”

The last Roman Catholic Pope resigned after vowing to put an end to the continuing financial scandals in the Vatican Bank, scandals that came into the open when “The Smiling Pope was allegedly murdered less than a month into his papacy in 1985 after vowing to end the corruption in the Vatican Bank, causing huge backlash in Italy.

Today’s new Pope has made the same vow

Last, almost everyone has heard the story of the Jekyll Island decision to install a privately-owned, for-profit company, the Federal Reserve Bank as the controller of the United States’ money supply and President Wilson’s remarks shortly thereafter:

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit .We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”

Wilson made that statement in 1919, just six years after the Fed took over the US money supply, inflating the currency by one percent per annum from that date: what six cents bought in 1913, took a dollar to buy twenty years ago with the prices now climbing through the roof with ‘inflation’ way above one percent for decades.

One percent of the nation’s wealth was stolen every year by a private company called “The Federal Reserve Bank” – Quantitative Easing today is simply racking that theft into catastrophic public debt, inflating the currency by printing fiat paper money… for the stolen money must be repaid!

And the last thing we need is to trust the people who caused all this to fix it, so let’s all hope that the current government shutdown stays in place and each of the independent United States picks up the burden of the future.

Of course… if you are living in a First World suburb with mown lawns and ice cream trucks tinkling down the streets…you need not worry.

You may not be aware of it, though, those trucks are aiding and abetting your obesity and general ill-health through current inefficient public sewage reclamation systems producing water that goes into the making of ice cream…

Treated water’s just a vehicle that brings you recycled pharmaceuticals that expose you to powerful neuro-toxic endocrine disruptors such as growth hormones, combined with pesticides, herbicides, fungicides and fertilizers, but don’t think about it, that’s another story

Think about IRAN!

-Tom Dennen

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