i note in two years time
qlds debt shall reach 85 billion
currently it stands at 65 billion

see the joke of the 5 P>I>G>S
going broke...[by bankers forced austerity measures]
the debt came DIRCTLY via bailing out the banks

[when they should have seized them..
[NATIONALIASED them..and run them as bankrupt]
govt guarentees..not pays for debts//by borrowing from the very banks gone broke..

see banks need only take a govt promise
and monetise it..[WITH intrest]...
greeks debt for egsample runs at 18% per year

and the INTREST..payment is due in july
thats the next loan from the imf gets made
[in exchange for the bankers holding title over govt services
[that then..{price wise..]go through the roof

see countries are selling off..their silver[assets]
and the bankers getting ever more control

they say you TOOK OVER OUR DEBT...
now its time.,.we collect AGAIN
make our private debt..into your public debt

in the last week the stock market
has had two quater of a trillion
falls..

in australia alone we have had value stripped off
over 50 biillion

just this last week

mate we are like were driving in a bus
heading for a cliff...your sitting next to the driver
oggling juliars legs or some other destraction..

while the bankers thinking about how to get the next bailout..
how to put in the next BIG NEW TAX..

so they can get a bailout..AGAIN

so that govt can..*AGAIN assume bwankers debts
so govt can yet again bailout the bwankers

mate in this year
you will all of a sudden..a huge wakeup
and see they been stealing..from you as well as us
and say..what went wrong

well mate arjay an me been trying to tell you

continues

NO ONE IS AUDITING THE SCARY BANKING SYSTEM..
that NEEDS debt..and ursury

cause it needs to repay the worlds feds
its searching for assets..to try to put value..
under their loans...to mates..that were over valued
thus under securitised

currently..if some mug is willing to put up a security
they are only too willing to give them cash
the create from thin accounting..that [they print/they own]

and they dont mind waiting till you go bust...
within this year..or the next...

think of how much you lost in supper in 2008..!
you aint seen nothing yet...

why are you defending the indefensable?

i asked how many ARE DEBT FREE
you didnt reply,...cause you know none are
[even the babnkers bought into their own delusion
its like enron all opver again..good govt money after bad

and the people
paying in good times and bad
well let them just go broke..[like the 35% small business gone bust in greece..this last year alone]

worse will be spain
but look at ireland..or briton..selling back
the bank..for a third it bought it for..only two years ago

lok at the nbn..never going to get that money back
but one day a banker will own it..for about a third we paid to build it

Yes, there is pain associated with the GFC, oug. No doubt about it.

>>and the people
paying in good times and bad
well let them just go broke..[like the 35% small business gone bust in greece..this last year alone]<<

But - as I keep saying to Arjay - to understand these situations better, you need to "follow the money".

Those businesses went bust for two reasons. One, they had borrowed money to start the business (or keep it going) and couldn't keep up the interest payments. And two, because their customers were in the same situation - they had borrowed too heavily from the Banks, and now had to tighten the belt.

So... which would you prefer? A system that doesn't lend money in the first place? Because this is the Arjay/Mises/Ron Paul model, "don't lend money that you don't have already sitting in the vaults". Given the amount we-the-people are already in personal debt, that ain't going to happen for a few decades yet.

Or a system that takes calculated risks in lending you money, but sometimes gets those calculations wrong, and it comes back to bite us all. As happened with the collapse of property loans in the US.

Trouble is, you and Arjay are so keen to find someone else to blame.

percules..quote...""you need to "follow the money"".

THATS WHY WE SAY AUDIT THE FED...!

"""Those businesses went bust for two reasons.""

ok let hear your opinion

""One,..they had borrowed money
to start the business (or keep it going)
and couldn't keep up the interest payments.""'

which is modus operandi..
for bankers globally

they lend..only to those
who they KNOW will go bust

alternativly
you actually have to prove
you dont need the money
to get any..

ie so they KNOW you lie

""And two,
because their customers were in the same situation
they had borrowed too heavily from the Banks,
and now had to tighten the belt.""

rerad go bust
read have the banks come inn with their court order and contract./...and take their houses

its such a predictable cycle
currently the world holds debts of 3 quadrillion
on assets worth at best 2 quadrillion

""So... which would you prefer?""

the old way...you went to govt
declared you had ten pounds of silver or gold
and they made THAT ASSET into the money...we got a fraud system...that monetises paper...at balues set in the good times
so the bankers can take it all BACK..in the bad times

WE MUST LEND IN THEIR MONEY
repay in their money...and kill to get their money
if we hope to pay off the con-tract..lending their franchised money

what?''A system that doesn't lend money in the first place?""

no
a system that says you hold assets
that have a value..that allows credit to be created
the more assets..the more money..the less debt the less money

things arnt working..
cause govt should issue the money
repaying every penny lent..[not the ursury]..
not for the for/proffit bankers..gain..at odious intrest rates

""Or a system that takes calculated
risks in lending you money,..but sometimes"""

lol.ALLWAYS..eventually
gets it wong...

continues

allways gets it wrong
and the so called..*new/money..[middle class]
slip back..*into the lower classes...

[and the old/boy network..the old/money
hidden in family trusts...*survives]

continue quote..

that..""gets those calculations wrong,
and it comes back..to bite us all.""'

mate calculating risk?
lol..your so funny;*

those with money..are INFLATING..*a huge bubble
looking to avert risk..by only bying..REAL future product
with their losy fiat paper/promises

banks are risk averse..
thus they took contol..over the money system

only trouble being they..got greedy
and now..risk destroying it all...AGAIN

[trouble being..govt could
SEIZE back the banks....for free..
and ENFORCE every debiter to FULLY REPAY..*every penny..they lent..

with govt holding the assets/paying wages/rent
with govt keeping..the viable businees going
with govt adminestrating..the BANK-ruptcy..

THIS TIME
not bankers

and have govt..cancel* the ursury rates
intrest..that costs us all the earth..
it is ursury...that is criminal....

""you and Arjay are/so keen
to find someoneelse..to blame.""

mate were not..the ones..who went BROKE
then got the..*worlds govts..to bail out..*OUR DEBTS

to publicize the debt
upon the innocent..bailing out the..*foolishly GUILTY*

that was ALL
the bankers doing

any fool..that sides with the bankers
deserves to take a big-hit...

investment..wasnt invested
thus was criminal..by intent/and result

SO
lets talk about
(ADVERSE DEBT*

google it...

[its not..*enforcable first person debt]
its basiclly criminal
to do the adverse
debt thing..

tHAT..
the *bankers done to the pigs...first..

then to the world
3 and a half years later*

i wish you would put..*your words
with some accountable organisation..!

cause when your proven wrong....
you will still be saying blabber/all

arjay and me
TOLD you about the upcomming fall..last time
[your lousy reply..was
were were doing it..all the time]
yes we did..

till the day..the bubble burst
just as you8..were DENEYING..[at the same time]..

deneying that it could ever happen...
then when it did...*you still claimed a moral victory,.lol

butter wouldnt melt..in your mouth
but this time..a bailout wont work

nationalisation is the only fix..[then]
to any willing to assume the debt...and
with assets..to underwrite it..

ie govts monetises ASSETS*

with our skills..the skills
the /talents/assets..of its people...

before we become a mob

Arjay,
according to the Foxtel program there was to be a program on
the History channel about Haarp. I sat down to watch but unfortunately
it was one about global warming.
A big actor they called the governor, Jesse Ventura investigated the
IPCC etc and found a conspiracy.
All to do with a UN official and Jacob de Rothschild.

You would have been in your element !

Unfortunately they brought in a real AGW skeptic climate scientist
from MIT in Boston Mass USA. The program would have damaged his
reputation by associating with that TruthTV organisation.
I had a look at their web site and they produce a whole lot of
conspiracy documentaries.

Their writeup on Haarp convinced me they did not have a clue.
Bit like those who put a song and dance on about mobile phone towers.