Have you seen this yet? It’s only 30 minutes long…..done up southpark style. I liked it enough to make copies to distribute to people.
The American Dream Film-Full Length
http://www.youtube.com/watch?v=tGk5ioEXlIMThe AMERICAN DREAM is a 30 minute animated film that shows you how you've been scammed by the most basic elements of our government system. All of us Americans strive for the American Dream, and this film shows you why your dream is getting farther and farther away. Do you know how your money is created? Or how banking works? Why did housing prices skyrocket and then plunge? Do you really know what the Federal Reserve System is and how it affects you every single day?
Even that film isn't 100% accurate on how the shadow banking system works.
It ignores a lot of stuff
-The banks steal the public trust
-Loans are funded by the borrower's promises to pay
-The banks provide no loan, are lending extensions of credit which they are legally bound not to do (it is beyond the banking powers that they were given, "ultra-vires" because small institutions are not supposed to have the authority to issue credit.
-The entire loan process is fraud from beginning to end
-The banks make multiple copies of the "note" and sell it off (ie they will sell many copies of the note to different "investors"....) (securities fraud)
-Notes are deposited to a bank - banks have no money of their own but that which the steal from the public trust.
-Bank deposits are not used for loans, because the bank does not have the right or authority to lend that which is not theirs.... the deposits (cash deposits) are counted towards reserves, but can never actually be loaned out because FDIC...
Knowing all that? why ever deposit your money in a bank ?
Why not just start your own bank and print as much money as you want ... if you have 1000$ in deposits (initial investment) you can go out and make a million dollar loan out of your bank.
You don't need any logic to even see through that one, the banks are a fraud.
They hid their excessive liabilities by counting the notes as Assets, when they should be counted as liabilities, but to them they are assets, because a promissory note is as good as a check or cash.
Debt = Money
Debt = Promiss to pay
Promiss to pay = money
Money = credit
This is the only system, in which a poor man can borrow from another poor man (bank) to buy a benz.
And thats why banks have more money than they know what to do with.
Everytime they make a loan there is no risk, every loan is essentially counterfeiting the money for the loan and defrauding the public money trust (robbing from the public to pay the private and to take a cut)
The banks don't even need the Fed anymore to "print" money, the fed doesn't even really print money anymore, atleast not any that directly has an impact on you.... the money the fed prints is simply for governments and foreign interests.
90% of money creation happens @ the bank down the street from you (private/small institutions)
Its all fraud.
Its all very very illegal.
Its all treason.
Every lawyer/attorney collecting on these "debts" like mortgages is omitting purgery punishable by upto 5 years in prison...
All the "toxic" assets, are not really toxic assets at all, they are as good as cash (to banking institutions) because they can keep them on their books as assets to be lent against... (as reserves).
Banks rob paul, to lend back to paul.
I have been to court cases within my family , where the banks lawyers simply beg the judge to dismiss the case with prejudice (dismiss their own claim) when we show up to fight them, and believe me, we hardly know what we are doing when it comes to court procedure.
Anyone can beat a mortgage/credit card collection attempt in most courts.... it just takes a little preparation/luck.
All that money you spent on your credit card was yours, Amex, Chase, Cap one... etc... they don't have any money to lend you to spend ... the credit card is simply your money (like a debit card),
There really is no difference between credit and debit, they are both pre-paid with promises to pay.
Debit cards, are pre-paid with FRNS (deposits you made to the bank in cash) Frns = Promises to pay from the Fed
Credit cards are pre-paid with FRNS (deposits you made to the bank in cash a "credit application/promissory note"
FRNS = Promissory note from the fed to the bank
Promissory notes/Credit applications = Promissory note from you to the bank
The only difference, the fed never actually honors its promises, and you like a sucker, usually does.
I should maybe clarify, FRNS = Federal Reserve Credit
Promises to pay = Private Credit
BUT the banking computers don't really know the difference, everything in the end is counted as U.S. FUNDS.
And the federal reserves promises to pay, are really just your promises to pay by proxy.
So in the end, if you printed a "fake" dollar, it actually has more value than the federal reserve notes that will never ever be honored.
When you deposit "cash/dollars/paper money" in the bank, the bank steals it and replaces it with "credits" on account. (bank liability) (they take the cash as an asset)
When you take out a "loan" the bank steals the note, deposits it as credit on account (bank liability) (they take the promises to pay as an asset)
The only way to stop them is to force them to count the loan as a liability twice (the deposit liability) and the (Loan/Risk liability).
The banking systems accounting violates GAAP also, generally accepted accounting principles... they use "proprietary accounting" even though they are forbidden from using anything but GAAP.
In the current system banks make money at no risk by loan "creation".
Even if you paid nothing back ever, they stand to lose nothing other than their dignity.
Banks operate on "faith" and "fraud".
Hence on the bank of the money "In god we trust", because only god can sort this one out.
