EXPLAINED SIMPLY, FRACTIONAL RESERVE BANKING IS A CRIMINAL FRAUD . . .

In LAW, “CRIMINAL FRAUD” is “pretending something is something which it is not, intending thereby to gain financially, or to make another person lose financially”.

“Fractional Reserve Banking” happens when a banker pretends that he has more gold than he has, by printing more paper, or virtual “money” than he has gold ‘in reserve’. . .

He is pretending that the gold he has in reserve is more than it is, and when he lends this paper or virtual money to another person, he is obviously GAINING FINANCIALLY which constitutes CRIMINAL FRAUD in Common Law.

The crime is compounded when the banker charges INTERST (commits USURY) on LOANING that FRAUDULENTLY CREATED money, thereby the customer is also LOSING FINANCIALLY which COMPOUNDS the CRIMINAL FRAUD in Common Law . . .


In order to comprehend the magnitude of this heinous crime, we have to make an approximate model of the bankers’ behaviour:

Imagine a banker (Rothschild!), who has a piece of gold; he opens a bank, and the first customer comes to the bank, who wants to borrow some money to build (for instance) a local factory.

The banker says “Sure, you can borrow the piece of gold, but it is very heavy to carry around, and more important, someone could easily steal it from you . . . what we can do is, I will write you a note (the first “promisory note”) saying that you now own the gold, and I will charge you (say) 105 per annum to borrow the piece of gold”

The banker and the customer both sign the note, and the customer takes the note to the builder, and gives it to him . . . the builder builds the factory, the factory opens, and the banker receives his 10% per annum . . . everyone is happy.

The banker is sitting in his bank, when a second customer enters the bank, who also wants to borrow some money to open another factory.

Say the banker only has ONE piece of gold, but he knows that the first customer will only come to see it perhaps once a year, so he writes another piece of paper to the second customer (FRAUD!), promising him the SAME piece of gold, and also charges the second customer 10% per annum to borrow it.

The banker is now “earning” 20% per annum from ONE piece of gold . . .

Over a short period of time, the banker found that he could write up to TEN PIECES of paper for each piece of gold he actually owned (which is why it is called FRACTIONAL RESERVE BANKING).

Ten pieces of paper each earning 10% per annum, comes to 10 times 10%, per annum = 100% (ANOTHER PIECE OF GOLD).

At this rate, by the end of one year, the banker has the original piece of gold, PLUS another piece = TWO pieces of gold (one of which is paper representing the second piece of gold).

In other words the original piece of gold has DOUBLED in ONE YEAR.

The banker can now write 10 pieces of paper on each of those two pieces of gold, at the end of the second year, each one has doubled, and now the banker has FOUR pieces of gold.

He can now write 10 pieces of paper on each of those FOUR pieces of gold . . . and after another year, each one of those four pieces has DOUBLED, and he now has EIGHT pieces of gold.

The banker is DOUBLING HIS WEALTH EVERY YEAR.

SO, starting with a single piece of gold, and doubling each year, the banker gets wealthier like this:
1, 2, 4, 8, 16, 32, 64, 128, 256, 512, 1024 . . .

After TEN years the banker has wealth equivalent to 1024 pieces of gold. Let’s call it 1000 to keep the maths simple…

If he starts with one piece, and after 10 years he has 100 pieces, then starting with that 1000, after another 10 years, he will have 1000 times 1000 = 1 000 000 (ONE MILLION) pieces of gold.

After another ten years (30 years of banking) he will have 1 000 000 times 1000 = 1 000 000 000 (A THOUSAND MILLION) pieces of gold.

After ANOTHER TEN YEARS (FORTY YEARS OF BANKING) HE WILL HAVE 1000 TIMES 1 000 000 000 PIECES OF GOLD = 1 000 000 000 000 ( A BILLION) PIECES OF GOLD.

After 40 years of banking, starting with a SINGLE piece of gold, the banker now has 1 000 000 000 000 pieces of gold, this is a HUGE number, and it is approximately the same as EVERY SECOND IN TIME FOR 39000 YEARS !

THIS IS AFTER ONLY FORTY YEARS

THE BANKS HAVE BEEN DOUBLING THEIR MONEY (give or take a few % per year) in this way for the last 200 years.

THIS IS WHY, before 911, there were only SEVEN National Banks IN THE WORLD which were NOT either OWNED or CONTROLLED by the Rothschild Bankster Cartel.

the situation we now face is that LESS than 2% of the money in the world is GOLD; between 3-5% is paper and coins; and the remainiing 93% is made of nothing more substantial than FRAUDULENTLY CREATED VIRTUAL MONEY which is represented by millivolts of electricity in a computer in a bank somewhere.

93% of the money in the world is FRAUDULENTLY CREATED virtual money, OF NO REAL CONSEQUENCE WHATSOEVER !

THIS MEANS THAT THERE IS NO REAL ECONOMIC REASON FOR ANYTHING IN THE WORLD . . . THERE IS NO REAL ECONOMIC REASON WHY WE CANNOT IMMEDIATELY FEED, CLOTHE, HOUSE, EDUCATE AND EMPLOY EVERY PERSON IN THE WORLD, AND BE 100% ECO-FRIENDLY AT THE SAME TIME.

I PROPOSE A GLOBAL “STATE OF EMERGENCY” FOR THE ENVIRONMENT, MONEY NO OBJECT, EVERYONE WORKING TOGETHER AND USING ALL OUR SPLENDID AND AMAZING TECHNOLOGIES FOR THE BENEFIT OF HUMANITY, AS INTENDED BY THE INVENTORS.

www.ecotort.blogspot.co.uk

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[6:17:52 PM] charlene zechender: http://www.orlytaitzesq.com/

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[6:19:06 PM] charlene zechender: Mail donations to: Defend Our Freedoms Foundation, c/o Dr. Orly Taitz
29839 Santa Margarita Pkwy, Ste 100
Rancho Santa Margarita, CA 92688.
Contact Dr. Taitz at orlytaitz@hushmail.com or orly.taitz@gmail.com.
In case of emergency, call 949-683-5411.
[6:19:07 PM] EcoTort: HOW MORE THAN HALF OF Y-OUR WAGES or INCOME
IS BEING STOLEN BY CRIMINALLY FRAUDULENT PRIVATE BANKSTERS:

ROUGHLY:

one third of a person's wages goes to pay the mortgage,
one third is tax,
and the remaining third you get to spend...



APPROXIMATE PROPORTION OF Y-OUR MORTGAGE OR RENT PAYMENTS WHICH IS INTEREST PAID TO PRIVATE BANKSTERS.

if you borrow, say £100,000 @ 7.5% over 40 years as a mortgage to buy a house,
you will have to pay back roughly £300,000 with interest....

this means that roughly two thirds of the third of your wages which is paying the mortgage is paying interest on that loan.

(if you are paying rent, you are probably paying the land-lord’s mortgage on the property you are renting . . .)




APPROXIMATE PROPORTION OF Y-OUR INCOME TAX WHICH IS PAID AS INTEREST ON THE NATIONAL DEBT PAID TO PRIVATE BANKSTERS.

The Bank of England is a privately owned company.

The UK Government has granted AN UNLAWFUL LICENSE to the PRIVATELY OWNED ‘Banksters of England’ to FRAUDULENTLY PRINT VIRTUAL MONEY OUT OF NOTHING!

The government then borrows this FRAUDULENTLY CREATED VIRTUAL MONEY from the Bank of England,

and THE GOVERNMENT PAYS INTEREST ON THAT LOAN which is called the ‘National Debt’.


THE INTEREST ON THE NATIONAL DEBT IS PAID OUT OF THE THIRD OF YOUR WAGES WHICH IS PAYING TAX TO THE GOVERNMENT.

UK National Debt Clock
http://www.debtbombshell.com/

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(and for those in the USA:
USA Interest Expense on the Debt Outstanding
http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm

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)





All the wages of the people who work for the Government are also paid out of Y-OUR tax,

and almost everyone who works for the Government has a mortgage (or is paying rent which is probably paying someone else’s mortgage)

so the interest on the mortgages of all the people who work for the Government are ALSO PAID OUT OF Y-OUR TAX AS INTEREST TO PRIVATE BANKSTERS.


This ammounts to something like another 10% of Y-OUR TAX which is being PAID AS INTEREST TO PRIVATE BANKSTERS.

Furthermore, everyone who works for the government is spending about one third of their wages as they choose in the shops; but as will be shown below, roughly half of THAT money is also PAID AS INTEREST TO PRIVATE BANKSTERS, which probably ammounts to at least another 10% of Y-OUR tax which is being PAID AS INTEREST TO PRIVATE BANKSTERS.



APPROXIMATE PROPORTION OF INTEREST PAID AS INTEREST TO PRIVATE BANKSTERS OUT OF THE PRICE OF ANY PRODUCT BOUGHT IN THE SHOPS.

if you buy (for example) a china cup in a shop:-

a) someone has borrowed money from a bank to set up a quarry to extract the china clay from the earth: they are paying interest to the bank on that loan

b) someone has borrowed money from a bank to buy a lorry to transport the china clay to the factory which makes the cups:
they are paying interest to the bank on that loan

c) someone has borrowed money from a bank to set up the factory which makes the cups:
they are paying interest to the bank on that loan

d) someone has borrowed money from a bank to buy a lorry to transport the cups to the wholesaler:
they are paying interest to the bank on that loan

e) someone has borrowed money from a bank to set up the wholesale business:
they are paying interest to the bank on that loan

f) someone has borrowed money from a bank to buy a lorry to transport the cups to the retailer:
they are paying interest to the bank on that loan

g) someone has borrowed money from a bank to set up the retail business:
they are paying interest to the bank on that loan

h) all of those people from a) to g) above...
are paying interest to the bank on their mortgages.

all these interest payments to the banks are coming out of the purchase price of the china cup....

if we add all these interest payments together we find that at least 50% of the price of ANY item we buy is INTEREST BEING PAID TO PRIVATE BANKSTERS.


ABOUT 66% OF YOUR MORTGAGE OR RENT PAYMENTS IS PAYING INTEREST TO PRIVATE BANKSTERS…
AROUND 50-60% OF THE TAX YOU ARE PAYING TO THE GOVERNMENT IS PAYING INTEREST TO PRIVATE BANKSTERS…
AROUND 50-60% OF THE PRICE OF ANYTHING YOU BUY IN THE SHOPS IS PAYING INTEREST TO PRIVATE BANKSTERS…


If we add these all together:

INTEREST PAID ON THE MORTGAGE OR RENT (66%),
+
INTEREST PAID OUT OF TAX (50-60%)
+
INTEREST PAID ON PURCHASES (50-60%
=
MORE THAN HALF OF YOUR WAGES IS BEING STOLEN BY THE BANKS.




WE FIND THAT WELL OVER HALF OF EVERYONE'S WAGES ON THIS PLANET

IS PAYING INTEREST TO CRIMINAL PRIVATE BANKSTERS

ON LOANS OF FRAUDULENTLY CREATED VIRTUAL MONEY . . .


www.ecotort.blogspot.co.uk

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[6:19:34 PM] charlene zechender: orlytaitz@hushmail.com or orly.taitz@gmail.com.