Comments on: Borrowing from Peter to Pay Paul: The Wall Street Ponzi Scheme Called Fractional Reserve Banking http://www.infowars.com/borrowing-from-peter-to-pay-paul-the-wall-street-ponzi-scheme-called-fractional-reserve-banking/ Because there's a war on for your mind. Wed, 25 Nov 2009 14:38:45 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: longryder http://www.infowars.com/borrowing-from-peter-to-pay-paul-the-wall-street-ponzi-scheme-called-fractional-reserve-banking/comment-page-1/#comment-798608 longryder Mon, 09 Mar 2009 21:37:13 +0000 http://www.infowars.com/?p=6878#comment-798608 You are wise and correct..But let us not forget the example that Jesus left for us when he took a whip and DROVE the money changers out of the temple..He used his physical self to make them leave,There is such a thing as righteous anger..We need to find it ourselves. You are wise and correct..But let us not forget the example that Jesus left for us when he took a whip and DROVE the money changers out of the temple..He used his physical self to make them leave,There is such a thing as righteous anger..We need to find it ourselves.

]]> By: longryder http://www.infowars.com/borrowing-from-peter-to-pay-paul-the-wall-street-ponzi-scheme-called-fractional-reserve-banking/comment-page-1/#comment-798592 longryder Mon, 09 Mar 2009 21:32:24 +0000 http://www.infowars.com/?p=6878#comment-798592 WOW..Thank you so much for articulatingthe truth ...I have been , seeingly, the "lone nut" telling people about this den of vipers for over 4 years of finally waking up.I had gathered some info about 2 yars ago that showed beyond doubt that the Federal Income taxes that we like fools have been paying -does not go to running our Federal infrastructure..It goes primarily to the family's who a part of this massive fraud..Ron Paul has been trying to get the Anericans to get up off their collective asses and learn whaat is reality..Aaron Russo tried his best..We are all trying to get a collective movement together to make the point that we are through being bent at the waist while grabbing our ankles..BUY..and I had this discussion withj another guy that finally "gets it " just the other day..How on earth do we prosecute or even persecute the "Boss Man". You are right , these people own our debt buy and large..they own Congress and the White House..military..media..When those jerks keep telling us that it is "none of your business " where aand to who, the bailout B.S, is going..in a sense , they are right..So please tell me how this will ever work to gain control of our Country again? It seems reasonable to me, that the only alternative willbe armed conflict..I don't see the monster and his disciples who caused this to become Saints and just give it all back..what say you? WOW..Thank you so much for articulatingthe truth …I have been , seeingly, the “lone nut” telling people about this den of vipers for over 4 years of finally waking up.I had gathered some info about 2 yars ago that showed beyond doubt that the Federal Income taxes that we like fools have been paying -does not go to running our Federal infrastructure..It goes primarily to the family’s who a part of this massive fraud..Ron Paul has been trying to get the Anericans to get up off their collective asses and learn whaat is reality..Aaron Russo tried his best..We are all trying to get a collective movement together to make the point that we are through being bent at the waist while grabbing our ankles..BUY..and I had this discussion withj another guy that finally “gets it ” just the other day..How on earth do we prosecute or even persecute the “Boss Man”. You are right , these people own our debt buy and large..they own Congress and the White House..military..media..When those jerks keep telling us that it is “none of your business ” where aand to who, the bailout B.S, is going..in a sense , they are right..So please tell me how this will ever work to gain control of our Country again? It seems reasonable to me, that the only alternative willbe armed conflict..I don’t see the monster and his disciples who caused this to become Saints and just give it all back..what say you?

]]> By: KB http://www.infowars.com/borrowing-from-peter-to-pay-paul-the-wall-street-ponzi-scheme-called-fractional-reserve-banking/comment-page-1/#comment-773823 KB Thu, 26 Feb 2009 18:20:44 +0000 http://www.infowars.com/?p=6878#comment-773823 Correct me if needed..........my understanding is that it is permissible for the local bank to create a loan first and than borrow the 10% (or whatever the reserve requirement in effect) after the fact to replenish funds on hand. I agree that the mathematical impossibility is the creation of only the principle amount and the non-existence of the money that will be required as interest at a future date. This necessitates the need to create another interest bearing debt for the due interest and on and on and on. This is an outright crime and it is amazing that this mechanism is allowed to survive. Correct me if needed……….my understanding is that it is permissible for the local bank to create a loan first and than borrow the 10% (or whatever the reserve requirement in effect) after the fact to replenish funds on hand.
I agree that the mathematical impossibility is the creation of only the principle amount and the non-existence of the money that will be required as interest at a future date. This necessitates the need to create another interest bearing debt for the due interest and on and on and on.
This is an outright crime and it is amazing that this mechanism is allowed to survive.

]]> By: Jingus http://www.infowars.com/borrowing-from-peter-to-pay-paul-the-wall-street-ponzi-scheme-called-fractional-reserve-banking/comment-page-1/#comment-766217 Jingus Mon, 23 Feb 2009 15:46:21 +0000 http://www.infowars.com/?p=6878#comment-766217 A Swiss man took the money. No one knows where it is. A Swiss man took the money. No one knows where it is.

]]> By: John Williams http://www.infowars.com/borrowing-from-peter-to-pay-paul-the-wall-street-ponzi-scheme-called-fractional-reserve-banking/comment-page-1/#comment-682365 John Williams Fri, 02 Jan 2009 10:45:03 +0000 http://www.infowars.com/?p=6878#comment-682365 joe-6-pack In the limited scope you are talking about it is not a problem but from a wider perspective it is a huge problem. The wider perspective being that debt has to grow exponentially since only the principle of a loan is created but principle plus interest has to be repaid. This leads to an exponential growth that is unsustainable over long periods of time. This is basically a debt based ponzi scheme that concentrates money into the hands of people who do very little productive work. joe-6-pack

In the limited scope you are talking about it is not a problem but from a wider perspective it is a huge problem. The wider perspective being that debt has to grow exponentially since only the principle of a loan is created but principle plus interest has to be repaid. This leads to an exponential growth that is unsustainable over long periods of time. This is basically a debt based ponzi scheme that concentrates money into the hands of people who do very little productive work.

]]> By: Rischardeu http://www.infowars.com/borrowing-from-peter-to-pay-paul-the-wall-street-ponzi-scheme-called-fractional-reserve-banking/comment-page-1/#comment-680613 Rischardeu Wed, 31 Dec 2008 16:36:37 +0000 http://www.infowars.com/?p=6878#comment-680613 I got taken by a Hawaiin named John Cerizo. he took $8 million from 75 investors. He got 5 years and I believe the FBI found the funds and kept them. Some system of honesty we have, isn't it? I got taken by a Hawaiin named John Cerizo. he took $8 million from 75 investors. He got 5 years and I believe the FBI found the funds and kept them. Some system of honesty we have, isn’t it?

]]> By: .DJ.O.R.B. http://www.infowars.com/borrowing-from-peter-to-pay-paul-the-wall-street-ponzi-scheme-called-fractional-reserve-banking/comment-page-1/#comment-680386 .DJ.O.R.B. Wed, 31 Dec 2008 10:11:26 +0000 http://www.infowars.com/?p=6878#comment-680386 POWER 2 THE PEOPLE, BY THE PEOPLE, 4 THE PEOPLE :) POWER 2 THE PEOPLE, BY THE PEOPLE, 4 THE PEOPLE :)

]]> By: tony x http://www.infowars.com/borrowing-from-peter-to-pay-paul-the-wall-street-ponzi-scheme-called-fractional-reserve-banking/comment-page-1/#comment-680139 tony x Wed, 31 Dec 2008 02:08:09 +0000 http://www.infowars.com/?p=6878#comment-680139 Jim Baker of PTL fame got sentenced to thirty five years for overbooking a hotel that was not overbooked. Martha Stewart sold stock when her broker told her that someone else at Imclone did. What should all of our Constutional Representatives who have taken an oath to God to protect us from all enemies foreign and domestic deserve for the social security Ponzi sceme? If they would just stop murdering two million or so innocents per year the scam would probablly go on indefinatly.America was born of lead and rope for tyrants. As Jefferson said rebellion to tyrants is obedience to God. Jim Baker of PTL fame got sentenced to thirty five years for overbooking a hotel that was not overbooked. Martha Stewart sold stock when her broker told her that someone else at Imclone did. What should all of our Constutional Representatives who have taken an oath to God to protect us from all enemies foreign and domestic deserve for the social security Ponzi sceme? If they would just stop murdering two million or so innocents per year the scam would probablly go on indefinatly.America was born of lead and rope for tyrants. As Jefferson said rebellion to tyrants is obedience to God.

]]> By: roaddog http://www.infowars.com/borrowing-from-peter-to-pay-paul-the-wall-street-ponzi-scheme-called-fractional-reserve-banking/comment-page-1/#comment-680057 roaddog Wed, 31 Dec 2008 00:45:41 +0000 http://www.infowars.com/?p=6878#comment-680057 It's not borrowing when you're thieving moron. It’s not borrowing when you’re thieving moron.

]]> By: Toby http://www.infowars.com/borrowing-from-peter-to-pay-paul-the-wall-street-ponzi-scheme-called-fractional-reserve-banking/comment-page-1/#comment-679988 Toby Tue, 30 Dec 2008 23:56:26 +0000 http://www.infowars.com/?p=6878#comment-679988 Why is no one fighting back? You think your whining and piss-moaning is gonna change a damn thing? Why are you so afraid of being killed? Arn't the values you espouse worth fighting for as did generations before us? Let me know when the real fighting begins..... Why is no one fighting back? You think your whining and piss-moaning is gonna change a damn thing? Why are you so afraid of being killed? Arn’t the values you espouse worth fighting for as did generations before us? Let me know when the real fighting begins…..

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