TvNewsLIES News Headlines - 18- June - 2007
Date: Mon, 18 Jun 2007 08:11:32 -0500 (CDT)
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*TVNL Editor's Comments: A
Point About Debt*
I
have spend a great deal of time trying to educate the public about
the largest conspiracy facing our nation, the existence of the
Federal Reserve. I want to make a few points in order to help
illustrate an aspect of this conspiracy.
First
of all if you are not already aware of this the Federal Reserve is
neither federal or a reserve. It is a private bank that was
illegally given complete control over American monetary policy and
it is permitted to create money for themselves out of nothing. The
money is not backed by gold or silver or anything of value. It is
basically a loan shark with a fancy name.
You
see the Federal Reserve acts like the godfather to the bank
industry mafia. There is nothing illegal about the banking
industry except for the fact that their profitability is based on
the illegal and immoral conduct of the Federal Reserve. You see
banks make money by doing one thing; lending you money. Actually
thanks to fractional reserve banking they can lend you money that
they do not have, charge you interest on that money, and then they
can count that interest as an asset before you even pay them back!
That's just one problem. The real problem is with the Federal
Reserve. You see the Federal Reserve exists for two reasons; one
is to keep the government in debt and the other is to keep you in
debt. If we are not in debt then we are not borrowing money and
the banks are not making money.
Congress
won't touch this issue. You see the strength of the American
economy is really all smoke and mirrors. Our economy grows only
when money is borrowed. You see when someone borrows money from a
bank or when the government borrows money from the Federal Reserve
about 90% of that money is created out of thin air! The practice
of fractional reserve banking allows banks, including the Fed, to
lend out about 1000% of the actual money they have. The rest is
simply created out of thin air. If a bank has $10 they can lend
you $100. All they do is type in the rest of the money into your
account. Then you pay the bank back, with interest and the bank
will have the original $10, plus the $90 they created out of
nothing plus the interest which will usually total more than the
original loan. This is how banks make money.
If
you don't need to borrow money this amazing money creation scam
stops. The economy stops growing and the banks have to go back to
doing what banks are supposed to do, hold your assets in a safe
place for your convenience.
Now
I have a personal theory about why Clinton was impeached and why
Bush can not be impeached. You see during the Clinton years
something terrible happened to this nation, personal savings
reached an all time high. This is a disaster for the banks. Nobody
needs to borrow money. While the smoke and mirror measurements of
the US economy reflected an economy that is not growing (because
new fake money was not being created to lend out), the people of
this nation were experiencing personal economic growth. But you
see the people don't matter here. They never have and they never
will.
Now
Bush on the other hand, has created an economic environment where
personal savings is virtually nonexistent. People need to borrow
money just to feed their families! This is wonderful for the
banks. The nation is also at war which means it is spending money
on the most expensive activity a nation can partake in; war. Now
the nation has to borrow money to finance that war. And guess
what, the nation has to borrow that money from the Federal
Reserve, with interest! The nation can not do what all free
nations are supposed to be able to do, borrow money from itself
and pay itself back without interest! This is because on
Christmas eve in 1913 a few criminal Senators took advantage of
the holiday to sneak into law the laws that created the Federal
Reserve system. Of course a few years later we all had to start
paying income tax. You see income tax was not needed until the
Federal Reserve showed up and started to charge our government
interest for its own money! That interest had to come from
somewhere!
You
see my friends, it's a scam. It's a conspiracy. And until we do
something about it people like George W. Bush are going to
continue to run the show because the people who control money
control government. *Think about it. Jesse Richard b
Editor, TvNewsLIES.org*
*NOTE: You can respond to my
daily comments on my blog, located here:
http://tvnewslies.org/blog *
Hey! If you believe that the
American corporate media are our greatest enemy let the people know
how you
feel.http://www.tvnewslies.org/cart/view_product.php?product=AMERZU6P4
*QUESTION: *Have you forwarded
this e-mail to anyone today? Consider doing so for you will be
helping to inform the people of this nation about the vital issues
that are hidden from them by our corporate media. Make this nation a
better place, educate, inform and enlighten your fellow citizens!
*WAR
: **http://www.tvnewslies.org/news/#war*
*Iraq
on verge of genocidal war, warns ex-US official* - The man who
led the initial American effort to reconstruct Iraq after the war
believes the country is on the brink of a genocidal civil war and
its government will fall apart unless the US changes course and
allows a three-way federal structure. He has also urged talks with
Iran and other regional players.
*Troops
head to Iraq as gloom deepens* - The final contingent of United
States troops in the "surge" against Iraq's resistance
deployed yesterday amid deepening gloom in Washington at the
military's failure to reduce violence and defeat the insurgency.
*Millions
of desperate Iraqis stream into Syria* - Bush administration
officials have long accused Syria of not doing enough to stop
al-Qaida sympathizers from slipping into Iraq, but they barely
mention the far larger number of Iraqis who cross the border in
the other direction.
*Residents
emerge after Baghdad lockdown* - Three U.S. soldiers were
killed Saturday in explosions near their vehicles b two in
Baghdad and one in Kirkuk province, the U.S. military reported.
*3
U.S.-led coalition members, 1 Afghan interpreter killed in
roadside blast in Afghanistan* - A roadside blast hit a
U.S.-led coalition vehicle in southern Afghanistan on Sunday,
leaving three coalition members and their Afghan interpreter dead,
a coalition statement said.
*Blair
knew US had no post-war plan for Iraq* - Tony Blair agreed to
commit British troops to battle in Iraq in the full knowledge that
Washington had failed to make adequate preparations for the
postwar reconstruction of the country.
*Wounded
British troops wait hours to reach hospital* - A senior British
Army surgeon said troops injured in the battlefields of Iraq and
Afghanistan faced delays of several hours before being transported
to field hospitals, newspapers reported Sunday.
*POLITICS :
**http://www.tvnewslies.org/news#politics*
*Special
Counsel Probe Into Rovebs Politicization Of Government
Advances* - Eighteen
agencies have been asked by the Office of Special Counsel to
preserve electronic information dating back to January 2001 as
part of its governmentwide investigation into alleged violations
of the law that limits political activity in federal agencies.
*Presidential
Stone Walls* - The template for the Bush administrationbs
mania for secrecy was signed by the president six years ago b
Executive Order 13233, reversing the presumption of right of
public access to presidential papers. This basic right of
taxpayers and historians alike was embedded in the 1978 laws
enacted after the Nixon administration. The reforms established a
reasonable 12-year waiting period for access. But Mr. Bushbs
reversal lets presidents or vice presidents (guess who?) keep
their records sealed in perpetuity unless they or their heirs
approve access.
*New
White House counselor owns lobbying business* - The line
between lobbying the federal government and running it just got
blurrier. A new high-ranking adviser to President Bush will enter
the White House with lobbying ties to dozens of companies seeking
the federal government's help on everything from proposed
acquisitions to patent disputes.
*Justice
Dept. Official To Quit* - A fifth senior Justice Department
official announced his resignation yesterday in the wake of the
controversy over the firings of nine U.S. attorneys last year.
*Pace
says he refused to quit voluntarily* - In his first public
comments on the Bush administration's surprise decision to replace
him as chairman of the Joint Chiefs of Staff, Marine Gen. Peter
Pace disclosed that he had turned down an offer to voluntarily
retire rather than be forced out.
*White
House on Libby: President will not intervene* - White House
Deputy Press Secretary Dana Perino issued the following statement
following the news that a judge has order I. Lewis bScooterb
Libby to report to prison to serve his sentence while his
attorneys appeal his case.
*Judge won't
delay Libby prison term* - A federal judge said Thursday he
will not delay a 2 1/2-year prison sentence for I. Lewis "Scooter"
Libby in the CIA leak case, a ruling that could send the former
White House aide to prison within weeks.
*ECONOMY :
http://www.tvnewslies.org/news/#economy
*
*Foreclosures surge in
subprime market, industry group reports* - Late payments and
new foreclosures on adjustable-rate home mortgages made to people
with spotty credit histories spiked to all-time highs in the first
three months of this year.
*Oil
industry scales back refinery plans* - A push from Congress and
the White House for huge increases in biofuels, such as ethanol,
is prompting the oil industry to scale back its plans for refinery
expansions. That could *keep gasoline prices high, possibly for
years to come.*
*The
end of the American dream?* - So far, though, little of that
growth has translated into the hands of the average worker,
according to new research from the Economic Policy Institute
(EPI).
*Bank
Shot: The President Shafts Enron's Victims* - Wall Street's
investment banks just got another step closer to making defrauding
investors an accepted line of business. And Enron's employees who
lost their pensions and the small investors who got fleeced in the
Enron frauds just got shafted again with nearly 40 percent
of soldiers, a third of Marines and half of the National Guard
members reporting symptoms -- but the military's cadre of
mental-health workers is "woefully inadequate" to meet
their needs, a Pentagon task force reported yesterday.
*The Generalbs
Report* - How Antonio Taguba, who investigated the Abu Ghraib
scandal, became one of its casualties.
*EDITORIAL :
**http://www.tvnewslies.org/news/#editorial*
*A
Point About Debt* - You see the strength of the American
economy is really all smoke and mirrors. Our economy grows only
when money is borrowed. You see when someone borrows money from a
bank or when the government borrows money from the Federal Reserve
about 90% of that money is created out of thin air!
*Neocon II: Lie
Hard with a Vengeance* - Despite the walloping defeat of the
Republicans in the 2006 midterm elections that seemed to spell the
end of neocon rule in Washington, the clowns are once again
spilling out of the Volkswagen.
*JOURNALISM & MEDIA :
**http://www.tvnewslies.org/news/#media*
*Iraqi
Journalist Found Dead as Security Lags* - The body of the
political editor of a government-financed newspaper was found
Sunday in the main Baghdad mortuary.
*Watergate's
35th Anniversary: Would That Story Have Been Broken Today? *-
These reporters used the journalistic basics that I, and all other
seasoned reporters, would learn and hopefully practice during our
careers.
*Great
moments in TV journalism: Covering the Darfur crisis by talking to
a New York cabbie* - In fact, just seconds ago "Your
Trusted Name in News" just aired one of the few full-length
reports I've seen on the situation in Darfur, or more accurately
the situation on 42nd Street in Manhattan, since the story was
merely an interview with a cab driver who happens to have
immigrated from Darfur.
*Republicans
told to blog, blog, blog* - A guidebook issued to Republican
Senate candidates said mainstream media is old news and encourages
extensive use of videos and Internet blogging.
*HEALTH & SCIENCE :
**http://www.tvnewslies.org/news/#health*
*How
the FDA is Becoming a Drug Company: Consumer Safety and Access to
Natural Health Options Threatened* - Under the false
pretense of improved food and drug safety the FDA is re-inventing
itself as a kingpin drug company. This charade has so far
hoodwinked virtually all members of Congress. The Senate has
already approved this FDA transformation. The House will bring
similar legislation out of committee next week, with a vote in the
full House likely in July.
*HUMAN RIGHTS WATCH :
**http://www.tvnewslies.org/news/#rights*
*Airstrike
kills 7 Afghan children* - U.S.-led coalition jets bombed a
compound suspected of housing al-Qaida militants in eastern
Afghanistan, killing seven children and several militants, a
coalition statement said Monday.
*US
defense chiefs denied knowledge of Abu Ghraib abuse* - But
Rumsfeld testified before Congress the following day that he had
no idea of the extent of the abuse, Taguba told the New Yorker
magazine in an interview. "He's trying to acquit himself and
a lot of people who are lying to protect themselves," the
magazine quoted him as saying, referring to Rumsfeld's May 7, 2004
testimony.
*Guantanamo
inmate told: You can't return to UK, you've been away too long*
- Campaigners expressed fury after ministers said Jamil el-Banna's
permission to stay in Britain had lapsed during the
four-and-a-half years he has been held without charge at the US
detention camp.
*OF INTEREST :
**http://www.tvnewslies.org/news/#interest*
*Diocese
ordered to disclose records* - A federal judge has ordered the
Cleveland Catholic Diocese to turn over reams of financial rec
ords, including information about a bank account controlled by
former Bishop Anthony Pilla and payments made to the family of a
clergyman after he was accused of molesting students.
--
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