Gambling Away the American Dream
To grasp the truth that periodic withdrawal of money through interest payments will
inexorably transfer all wealth in the nation to the receiver of interest, imagine yourself
in a poker or dice game where everyone must buy the chips (the medium of exchange) from a
"banker" who does not risk chips in the game.
He just watches the table and reaches in every hour to take 10 percent to 15 percent of
all the chips on the table. As the game goes on, the amount of chips in the possession of
each player will fluctuate according to his luck.
However, the total number of chips available to play the game (carry on trade and
business) will decrease steadily.
As the game starts getting low on chips, some players will run out. If they want to
continue to play, they must buy or borrow more chips from the "banker". The
"banker" will sell (lend) them only if the player signs a "mortgage"
agreeing to give the "Banker" some real property (car, home, farm, business,
etc.) if he cannot make periodic payments to pay back all the chips plus some extra chips
(interest). The payments must be made on time, whether he wins (makes a profit) or not.
It is easy to see that no matter how skillfully they play, eventually the
"banker" will end up with all of his original chips back, and except for the
very best players, the rest, if they stay in long enough, will lose to the
"banker" their homes, their farms, their businesses, perhaps even their cars,
watches, and the shirts off their backs!
Our real life situation is much worse than any poker game. In a poker game no one is
forced into debt, and anyone can quit at any time and keep whatever he still has. But in
real life, even if we borrow little ourselves from the "bankers," our local,
State and Federal governments borrow billions in our name, squander it, then confiscate
our earnings via taxation in order to pay off the bankers with interest.
We are forced to play the game, and none can leave except by death. We pay as long as we
live, and our children pay after we die. If we cannot or refuse to pay, the government
sends the police to take our property and give it to the bankers. The bankers risk nothing
in the game; they just collect their percentage and "win it all." In Las Vegas,
all games are rigged to pay the owner a percentage, and they rake in millions. The Federal
Reserve bankers' "game" is also rigged, and it pays off in billions!
In recent years, Bankers have added some new cards to their deck: credit cards are
promoted as a convenience and a great boon to trade. Actually, they are ingenious devices
from the seller and 18% interest from buyers. A real "stacked" deck!
Yes, it's political too
Democrat, Republican, and independent voters who have wondered why politicians always
spend more tax money than they take in should now see the reason. When they begin to study
our money system, they soon realize that these politicians are not the agents of the
people but are the agents of the bankers, for whom they plan ways to place the people
further in debt.
It takes only a little imagination to see that if Congress had been "creating,"
spending and issuing into circulation the necessary increase in the money supply, there
would be no national debt. Trillions of dollars of other debts would be practically
non-existent.
Since there would be no original cost of money except printing, and no continuing costs
such as interest, Federal taxes would be almost nil. Money, once in circulation, would
remain there and go on serving its purpose as a medium of exchange for generation after
generation and century after century, with no payments to the Bankers whatsoever!
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Last Updated on 04/23/98 by Darren Perkins 