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The Secret History of America:
The Greatest Conspiracy On Earth
This May Be The Most Important
Document You Ever Read In Your Life!
This brings us to the World Bank, the IMF
(International Monetary Fund), both creations of the U.N., and banking in
In Switzerland there is a big building that is divided into 3
parts. If you look at it from above it looks like a peace symbol or Rune.
This is the headquarters of the United Nations and the World Bank, the 3rd part
is the World headquarters of Freemasonry. It's so convenient they can go
back and forth between coffee breaks.
In Brussels, there is a computer
called "The Beast" which stores the names and information of every
person in the world and that was created years ago. By now, it probably
orbits the planet. THE U.S. IS A CORPORATION located in the DISTRICT OF
COLUMBIA and each CITIZEN IS A FRANCHISE OF THE U.S. IDENTIFIED BY A
SOCIAL SECURITY #.
One of the main influences of British Masonry comes to
America in the area of Banking. Cecil
Rhodes made his fortune from diamond mines in South Africa. Millions and
millions of dollars were secured and put into a trust in his will to be used to
finance the creation of secret societies for the furtherance of Anglo-Saxon
rulership in the New World Order and the eventual recapture of the U.S.
for England through the creation of a central bank in America. Cecil Rhodes
formed what is called the "Rhodes Scholarship" at Oxford.
also the Round Table in England put together by Alfred Milner. Bill Clinton is a
Rhodes Scholar as well as other things. In Europe, at least at the time, the
Rothschilds were the leading banking clan. Paul Warburg, an agent for the
Rothschilds as well as several members of Skull & Bones were instrumental in
setting up the Federal Reserve Central Banking system in America in 1913.
President Andrew Jackson had stated that the central bankers were a den of
vipers and thieves and he intended to drive them out of America in earlier
times. He also
stated that if the American people understood the rank injustice of our banking
system, there would be a revolution by morning. President Thomas Jefferson
stated "If the American people ever allow the private banks to control the
issue of their currency, first by inflation, then by deflation, the banks and
the corporations that grow up around them will deprive the people of all
property until their children wake up homeless on the continent their fathers
conquered". Abraham Lincoln took action against the central bank in his
time and he was killed for it.
President Garfield was shot and killed shortly after
declaring that whoever controls the supply of currency would control the
business and activities of all people. Baron Nathan Mayer de Rothschild
once said, "Let me issue and control a nations money and I care not who
writes the laws".
The measure of a nation's wealth is the sum total of
it's goods, services, natural resources and private wealth. In early America,
private wealth consisted mostly of gold or silver. This is a great monetary
standard because it has inherent value. For a long time, gold was worth $20.00
A One-Ounce gold coin was a $20 piece. Our grandfathers and great
grandfathers found it a hassle to carry these around during large transactions
due to heavy weight and frequent robbery, so out of the kindness of their
hearts, the bankers would allow people to leave their gold and silver on
deposit, while the bank would issue a gold or silver certificate, a piece of
paper that was as good as gold. It said on the bill, "Pay to bearer upon
demand in gold or silver.
So after the bankers started to issue these notes they
saw after a while that the people were not using the gold as much and coming
back to withdraw it and that they could issue and loan more notes than they had
gold to back it up. This is the true source of inflation. A short time
later they replaced the gold and silver certificates with Federal reserve notes
which are worthless. Without the gold and silver, the real valuables,
America was essentially bankrupt.
The Federal Reserve is a private
corporation. When Federal Reserve notes are printed they are loaned to the U.S.
Treasury or the people. Notes that cost 2 cents each are printed by the
Fed and loaned to the U.S. government at face value plus 8 1/2% interest
compounded. The interest is collected each year by the IRS (Repo Man),
also a private corporation controlled by the Federal Reserve. With a
federal deficit of 4 trillion 8 hundred billion dollars so far, the interest is
in the neighborhood of $200 Billion dollars, which is drained from the economy
each year in the form of income taxes. The words "Federal Reserve
Note" first appeared on our paper currency in 1933.
It is common sense that if you are borrowing
money from someone and you have to pay interest then where will the money come
from to pay the interest ? If you have to borrow it then that creates more
interest. Obviously, in this situation, there is no way out.
However, coins are minted by the U.S. treasury and they are worth their face
value as currency. There is a clause written into the agreement that
provides us with the option to buy back the right to issue our own currency.
The solution to the problem of the National Debt is to coin a 4 trillion dollar
coin and use it to pay off the Federal Reserve. It would have to be
accepted and it could even be made out of copper nickel clad.
President Kennedy passed an Executive Order calling for the printing of $450
Billion dollars in U.S. backed Debt-Free currency. Shortly after, he was
killed and as soon as his successor, Lyndon Johnson took office, the first thing
he did was suspend the executive order and the printing of the currency.
If you look hard enough, you can find $2 bills from 1963 that say "U.S.
Treasury" at the top instead of "Federal Reserve note". 1964 was
the last year silver was used as the standard coin metal and coincidentally
Kennedy's face first appeared on the half-dollar. Now, 23 years later,
silver is $5 per ounce instead of $1.
If you still don't see how this
works, just realize that 23 years later, you now need 5 times as much money
(work) to buy the same ounce of silver and 60 years later, after they removed
the gold, we have to pay 20 times as much money for the same ounce of gold.
($400 / ounce). The moral of this little story is that we are being
ripped off by the biggest "Sleight of Hand" money scam ever devised.
There is a Masonic term for this kind of deception, they call it
"Hoodwinked". We are the sheep and we have had the wool pulled
over our eyes.
Banking Cartel is the Cause of Humanity's Woes
By Henry Makow Ph.D.
June 26, 2002
"The Secrets of the Federal Reserve" by Eustace Mullins
"I believe that banking institutions are more dangerous to our
liberties than standing armies." ---Thomas Jefferson
In November 1949, Eustace Mullins, 25, was a researcher in Washington DC
when friends invited him to visit the famous American poet Ezra Pound, who
was confined at St. Elizabeth's Mental Hospital and listed as a
A leading figure in Modern English literature, Pound was the editor and
critic who introduced the world to James Joyce, W.B. Yeats and T.S. Eliot.
During the Second World War, he was charged with treason for broadcasts on
Rome Radio that questioned the motives behind America's involvement.
Pound commissioned Mullins to examine the influence of the banking
establishment on U.S. policy. Mullins spent every morning for two years in
the Library of Congress and met with Pound every afternoon. The resulting
manuscript, "The Secrets of the Federal Reserve" proved too hot
for any American publisher to handle. Nineteen rejected it. One said,
"you'll never get this published in New York." When it finally
appeared in Germany in 1955, the U.S. Military Government confiscated all
10,000 copies and burned them.
Thanks to the American Patriot Friends Network,
this book is freely available on line. (I recommend you save it on your
desktop, as I did.) Why is it so (excuse the pun) inflammatory?
Essentially it paints a picture of the world, and the role of the United
States, which is radically different from the one we are given in school or in
"Notwithstanding the war of independence against England," writes
Mullins, "we remained an economic and financial colony of Great
Britain." Between 1865 and 1913, he says London bankers led by the
Rothschilds used agents such as J.P. Morgan and J.D. Rockefeller to gain
control of American industry and organize it into cartels.
Where did these bankers get the money? For over 200 years, European bankers
have been able to draw on the credit of their host countries to print it!
In the Seventeenth Century, the moneylenders and the aristocracy made a
pact. If the king would make paper currency a liability of the state, the
moneylenders would print as much as he liked! Thus the Banks of England,
France and the Reichsbank came into being but they were all private
corporations and remain so today.
According to this nefarious pact, the moneylenders got to charge interest
on assets they created out of thin air. The aristocracy all took shares in the
central banks plus they got to finance a burgeoning government and to wage
This piece of chicanery is at the heart what plagues humanity.
The bankers have a vested interest in the state (i.e. the people) incurring
as much debt as possible. They are behind the Marxist, socialist and liberal
movements which call for big government and social spending. They are behind
the catastrophic wars of the last century. The Warburgs financed the Bolshevik
Revolution. The Bank of England financed the rise of Hitler. Prescott Bush
(W's grandfather) was head of Brown Brothers Harriman, which financed the
construction of the Nazi war machine.
Naturally if you can create money out of thin air, your first instinct is
to buy tangible assets with it. There is a powerful impulse to use debt to
control nations and take over their real assets. This is the essence of the
so-called Third World Debt crisis. Dedicated to owning all wealth and
enslaving humanity, an irresistible vampire has been unleashed upon the world
Much of Mullins book is devoted to the subterfuge by which the United
States was drawn into its lethal embrace. In 1913, the Owen-Glass Bill gave
mostly foreign-controlled banks (posing as "the Federal Reserve")
the right to create currency based on the credit of the United States
government and to charge it interest for doing it!
To accomplish this, the bankers had to rig the election of 1913 in order to
get Woodrow Wilson elected. Then their stooges in Congress passed the
legislation on December 22 after their opponents had gone home for Christmas.
"This act establishes the most gigantic trust [cartel] on earth,"
Congressman Charles Lindbergh said at the time. "When the President signs
this bill; the invisible government by the Monetary Power will be legalized.
The people may not know it immediately but the day of reckoning is only a few
Mullins explains that the legislation passed just in time for the American
people to finance World War One. After maintaining standing armies for 50
years, European powers no longer could afford the luxury of another war. But
the U.S. was relatively debt free and made the whole thing possible.
What would WWI have been without Germany? Apparently Germany was not
self-sufficient in food and would have had to sit out this war. In the nick of
time, the bankers organized something called "The Belgium Relief
Committee" which channeled billions of dollars worth of U.S. meat and
potatoes not to Belgium but to Germany. When Edith Cavell, an American working
in a Belgium hospital pointed this out, British intelligence had the Germans
arrest and execute her.
Mullins makes a convincing case that every U.S. President since Wilson has
been a lackey of the bankers. J.F. Kennedy was assassinated because he started
to print his own U.S. government-backed currency. This is also the
transgression that led to the murders of Presidents Abraham Lincoln and James
Last year alone, the American people paid $360 billion in interest to the
bankers. To maintain this massive fraud, the bankers enforce an iron grip on
the political and cultural organs of the nation. According to Mullins,
"The New York Times" is owned by the Kuhn Loeb while "The
Washington Post" is owned by Lazard Freres. In Europe the Rothschilds own
Reuters as well as the French and German news services.
I presume US publishers, TV networks and movie producers are similarly
beholden. Rockefellers, Carnegies and the Fords endow the nations' libraries
and universities. Journalists and professors dutifully parrot fantasies about
democracy and freedom. Mind control laboratories run by the CIA and the
British army (TheTavistock Institute) dream up ways to manipulate and
undermine the population. The psychological sterilization of the human female
("feminism") is an example.
The "War on Terror" is part of the banking cabal's plan to
consolidate its grip on humanity in a friendly (or not so friendly) fascist
"New World Order." They want to secure their political, economic and
social grip on the obstreperous Muslim world, as well as build up a security
apparatus in case the docile populations of the West become restive.
Well, at least the cosmic battle between Good and Evil is out in the open
Phoenix Journal 22, www.fourwinds10.com
In the beginning, there was no money and there was no civilisation. Every man
obtained his own necessities of life--food, shelter and clothing, through his
own efforts in some manner or another. Eventually, there developed a system of
exchange of goods and services which we can call barter. In that economic system
every man benefited because he would only trade something he had for something
that was of greater value in some manner to himself.
It was soon realized that, by specializing, a man could produce a given
commodity much more efficiently and trade his surplus with other specialists to
obtain all of his needs.
BIRTH OF BANKING INDUSTRY
As wealth increased, one of the trades that developed was that of making gold
jewellery, or goldsmithing. Because goldsmiths dealt in large quantities of gold,
it was necessary for them to have secure vaults, or safes, in which to store
their valuable commodity for protection from theft.
Other people who acquired significant amounts of metallic money, especially
merchants and craftsmen, also required security for their money. It soon became
common practice for them to "deposit" their money with the goldsmiths
for a small fee. In return, the goldsmith would give the depositor a receipt for
the amount of the deposit. A depositor could then give his warehouse receipt to
a supplier in payment for goods, rather transferring the metal itself. This
method of payment was so convenient and simple that it soon became common
practice. On paper an amount was simply transferred onto the books of another.
Thus was born the business of banking.
ORIGIN OF USURY (INTEREST)
The shrewd Babylonian Elite goldsmiths soon realized that, of all the gold
deposited with them, only a small percentage was reclaimed each month with the
warehouse receipts they had issued. As wealthy men, they were often asked for
loans. As shrewd men, they were soon lending out as much as 90% of the gold
placed on deposit with them, typically requiring that four talents of gold be
returned to them in one year for every three they loaned, an interest rate of
Since there was a limited amount of gold in circulation, they soon
"cornered" the market on gold and became the richest men in Babylon.
Their descendants still are and are referred to in Revelation 18:23: "For
they merchants were the great men of the earth; for by they sorceries (pharmicia
= drugs) were all nations deceived". People who are drugged (poisoned) with
alcohol, nicotine, caffeine, medicine, sugar, chlorine, fluoride, TV,
government, "education", and "religion", have
short-circuited brains and simply cannot think logically. If you are having
difficulty understanding this, hopefully you now understand WHY! I am sure we
left out a thing or two which has poisoned you as a society.
FRACTIONAL RESERVE BANKING
Ah, rears the head of the deadly poison serpent. With virtually all of the
gold in their possession, the goldsmiths could loan out their "warehouse
receipts" for amounts totalling more than 10 times the amount of gold
actually in their vaults and charge interest (usury) on something which had cost
them virtually nothing (clay tablets were very cheap at the time for labor was
When this debt money was created and circulated in the society, it caused a
temporary increase in trade and the production of real wealth until the loan was
repaid. However, when the money was created, the amount of the interest was NOT
CREATED and the ultimate result was a net reduction of money in circulation
causing depression and foreclosure, unless, of course, more money was loaned
Thus was born "fractional reserve banking" and the system of usury
which today rules the world.
THE BAAL PRIESTS
Occasionally, the people holding these "gold certificates" would
get wise to the fact that the goldsmith did not actually have enough gold on
deposit with which to redeem his certificates. This would result in a "run
on the bank" and his sudden demise, unless he had previously escaped with
his hoard of gold.
Being shrewd, the goldsmiths recognized this as an unhealthy situation.
Therefore, after very little thought, they decided to bring the king in as a
"partner". Thus the king was only too happy to provide government
sanction and protection for this racket in exchange for greatly discounted
interest rates, even lower than the prime rate. But the shrewd goldsmiths
thought that government protection might not be sufficient. After all, the
police couldn’t protect them 24 hours a day.
Since the king was also god in the combined state religion of Baalism, the
AB's [bankers] decided that it would be safest for them to practice their black art under cover
of religion. Thus was joined the unholy Babylonian trinity of: Government,
Religion and Banking which rules your world this day.
Archeological searches have uncovered much evidence of Babylon’s social and
economic systems there in Iraq near Baghdad, which were very similar to yours
today. For instance, the Igibi Bank was found with thousands of clay tablet
"notes" and "interest" (usury) bearing contracts, which
served as their money.
Babylon loaned much money at interest (usury) to Persia (Iran) which, of
course, Persia could not repay. Therefore, Persia conquered Babylon to eliminate
its debt AND ACQUIRE BABYLON’S GOLD. (Is this beginning to make you nervous?)
Persia adopted the Babylonian usury system and loaned Greece much money at
interest (usury). Greece, of course could not repay the debt and conquered
Persia to eliminate its debt AND ACQUIRE THE GOLD IN PERSIA.
Greece adopted the Babylonian usury system and loaned Rome much money at
interest (usury). Rome of course could not repay the debt and conquered Greece
to eliminate its debt AND ACQUIRE THE GOLD IN GREECE.
After the fall of Imperial Rome, the various nations of Europe were kept in
bondage and poverty by AB's for many centuries, known as the "Dark
Ages"! Where do you think you might be headed, world?
COLLAPSE OF CIVILISATIONS
When the Babylonian civilisation collapsed, 3% of the people owned all the
When old Persia went down to destruction, 2% of the people owned all the
When ancient Greece went down to ruin 0.5% of the people owned all the
When the Roman Empire fell by the wayside, 2,000 people owned the wealth
of the civilised world ...
It is said that at this time less than 2%
of the people control 90% of the wealth of America.
Usury (interest), being strictly prohibited by Scripture, was also prohibited
by both the Christian church and government. However, there were those who
continued the practice until they were banished from England in 1290 A.D.--and
would you care to guess where they went? That’s right! With an honest and
convenient money system, an English working man could supply his family’s
needs for a year by working only 14 weeks! This left a great deal of leisure
time available for intellectual, religious and charitable pursuits. This is the
reason that the incredible cathedrals of England and Europe were built
completely with volunteer labor. Do you think that is amazing?
This tally money system continued to operate in England until 1783, when it
was abolished by statute. Nevertheless, tallies continued to be used in rural
areas until 1826.
The death knell of the tally system was sounded in 1694, when the King,
William of Orange, granted a charter to William Paterson and his banker
associates to establish the Bank of England as a fractional reserve central bank
with monopoly power to issue bank notes at interest (usury). This date, 1694, is
the most important date in American history, for the Bank of England has had a
direct bearing on every major event in America since before your War of
When the Pilgrims came to America, they did so with an abundance of faith and
determination, but a dearth of knowledge concerning economics and human nature.
They initially instituted a system of common ownership of "communism".
As a result, over half of them died of starvation and disease. Quickly learning
their lesson, every man was allotted his own parcel of land on which to grow his
own food and build his own home.
With little money available, the primary means of exchange was barter.
Gradually, some foreign coinage came into the colony and facilitated trade.
However, as the economy of Massachusetts quickly grew, due to its hardworking
people, natural resources and free enterprise, the need for a medium of exchange
Knowing about England’s tally system, Massachusetts issued debt-free paper
scrip into circulation in 1690. Despite problems that developed with this
invention, due to there being no standard of value, the economy flourished with
full employment. Other colonies adopted this system in varying degree and
During this period there was no official banking system. A few "Loaning
Offices" were maintained by the Colonies, but less than thirty private
lending institutions existed in all 13 colonies! Today, they are more numerous
than churches, by far.
REAL REASON FOR REVOLUTION
There have been many reasons put forth for the American colonies separating
from England, their mother country, and the most powerful nation on Earth. Most
of these were listed, in generalities, by Thomas Jefferson in the Declaration of
Independence. The first two of these read as follows:
He has refused his Assent to Laws, the most wholesome and necessary for the
he has forbidden his Governors to pass Laws of Immediate and pressing
importance, unless suspended in their operation till his Assent should be
obtained; and when so suspended, he has utterly neglected to attend them.
What were these "most wholesome and necessary" laws that were of
"immediate and pressing importance"? Again, a knowledge of TRUE
history is necessary to understanding. If you’ve guessed by now that the AB's were involved, you are absolutely correct. The root of your War of Independence
was the issuance of their own paper money by the colonies, beginning with 7000
pounds issued by Massachusetts in 1690 and culminating with the issue of
"Colonials" by the Continental Congress.
In 1763, a century after The Bank of England was established, Benjamin
Franklin was in England. He was asked to explain why the colonies were so
prosperous while England was suffering. He replied:
That is simple. It is only because in the Colonies we issue our own money. It
is called "Colonial Scrip"--and we issue it in the proper proportion
to the demands of trade and industry.
The Bank of England soon learned of this situation and forced Parliament to
pass a Bill prohibiting the Colonies from issuing their own money. Franklin
said, "Within one year form that date the streets of the Colonies were
filled with the unemployed."
Later, Franklin said that this was the original cause of the War of
Independence. In his own words:
The colonies would gladly have borne the little tax on tea and other matters
had it not been that England took away from the Colonies their money, with
created unemployment and dissatisfaction.
Yes, the laws referred to by Jefferson were primarily ones to provide for
relief of the economic chaos then existing because of The Bank of England’s
usury money system that had been imposed on the Colonies.
Rothschild supplied some of the financing for the War through his agent Haym
Solomon who operated through Robert Morris. This may seem contradictory to the
uninformed, but it is a basic strategy for the AB’s to instigate war and
finance both sides.
All of the loans that the Continental Congress obtained were insufficient to
totally finance the war. Furthermore, under the Articles of Confederation,
Congress had no authority to impose taxes or issue money. Nevertheless, since
desperate situations require desperate measures to correct, Congress began to
issue the debt-free money known as "Continentals".
Knowing, long before Lenin expressed it that, "The surest way to destroy
a nation is to debauch its currency," the English proceeded to bring in
shiploads of counterfeit Continentals which, combined with Congress’ inability
to tax them out of circulation caused them to depreciate to practically nothing
by the end of the war. But they had served their purpose and were the means by
which you were able to obtain your liberty. Rather than being denigrated, they
should be revered as much as your Declaration of Independence.
The Bankers Manifesto of 1892
Revealed by US Congressman Charles A. Lindbergh, Sr. from Minnesota before the
US Congress sometime during his term of office between the years of 1907 and
1917 to warn the citizens.
"We (the bankers) must proceed with caution and guard every move made, for
the lower order of people are already showing signs of restless commotion.
Prudence will therefore show a policy of apparently yielding to the popular will
until our plans are so far consummated that we can declare
our designs without fear of any organized resistance. The Farmers Alliance and
Knights of Labor organizations in the United States should be carefully watched
by our trusted men, and we must take immediate steps to control these
organizations in our interest or disrupt them.
At the coming Omaha Convention to be held July 4th (1892), our men must attend
and direct its movement, or else there will be set on foot such antagonism to
our designs as may require force to overcome. This at the present time would be
premature. We are not yet ready for such a crisis.
Capital must protect itself in every possible manner through combination
(conspiracy) and legislation.
The courts must be called to our aid, debts must be collected, bonds and
mortgages foreclosed as rapidly as possible.
When through the process of the law, the
common people have lost their homes, they will be more tractable and easily
governed through the influence of the strong arm of the government applied to a
central power of imperial wealth under the control of the leading financiers.
People without homes will not quarrel with their leaders.
History repeats itself in regular cycles. This truth is well known among our
principal men who are engaged in forming an imperialism of the world. While they
are doing this, the people must be kept in a state of political antagonism.
The question of tariff reform must be urged through the organization known as
the Democratic Party, and the question of protection with the reciprocity must
be forced to view through the Republican Party.
By thus dividing voters, we can get them to expand their energies in fighting
over questions of no importance to us, except as teachers to the common herd.
Thus, by discrete action, we can secure all that has been so generously planned
and successfully accomplished."
THE DEBIT TAX
What is the Debit Tax?
How the Debit Tax works.
Advantages of using the
The Debit Tax Table.
Current Indirect Taxation
What is The Debit Tax
The Debit Tax Formula
The Debit Tax Formula is simply an added percentage, one
third of one percent (0.33%) is suggested, to the amount withdrawn from all accounts by Banking and
This tax, when cleared, is instantly deposited through the
Electronic Funds Transfer (EFT) system into the National Treasury.
How The Debit Tax Works
Every hour of the day money is withdrawn from savings accounts, cheque accounts, insurance companies, business and investment
organisations, and financial institutions of all kinds. Indeed, ALL
monetary transactions are withdrawn from some type of bank or financial
institution that holds money in trust.
The Australian Payments System Council Report 1991 -
1992, issued by the Reserve Bank of Australia, states that $120 BILLION is
withdrawn from banks EVERY WORKING DAY in ordinary business and trading.
Just one simple and moderate Debit Tax of ONE THIRD OF
ONE PERCENT (0.33%) added on all monies withdrawn provides the National
Treasury with an annual revenue of $99 BILLION (See Debit Tax Table)
A Debit Tax of ONLY 0.33% on DAILY withdrawals
of $120 BILLION
$99 BILLION IN FEDERAL REVENUE YEARLY
- $396 MILLION IN FEDERAL REVENUE DAILY
These figures are based on the 1991 - 1992 Reserve Bank Report of NON
The amount of CASH withdrawals made from ATM's and EFTPOS, and
withdrawals made on week-ends and public holidays are NOT taken
into account here. It is estimated that a more realistic figure for 1995
is around $200 BILLION IN WITHDRAWALS PER WORKING DAY.
A Debit Tax of ONLY 0.33% on DAILY
WITHDRAWALS of $200 BILLION
$660 MILLION IN FEDERAL REVENUE DAILY
$165 BILLION IN FEDERAL REVENUE YEARLY
The Government requires $96 Billion in revenue per
The Debit Tax System provides the Government with an ANNUAL SURPLUS
OF $69 BILLION
Advantages of using The Debit Tax
These are just some of the advantages of using just one Debit Tax
of only 0.33%:
1. Income Tax and all other Federal Taxes become
2. No tax on profits, savings, investments,assets or
3. No taxes on income, payroll, provisional,property,
inheritance, or goods and services.
4. No income tax means an instant tangible wage rise
5. Goods and services will be cheaper without sales
tax and import tax.
6. No sales or hidden taxes means more in the pocket
for those in the Welfare System.
7. The method of collecting revenue will be effected
by Electronic Transfer Systems (EFT) - the ultimate in efficiency.
8. No more time, money and paper wasted on daunting
tax laws and complex tax returns.
9. Tax collectors will be appointed to more productive
and useful positions.
10. Accountants employed by businesses, large and small, would be
able use their training and experience in the manner in which it was meant to be
used, ie. making business more productive and cost efficient.
11. Small businesses will not be hindered by our present time
consuming system, and will consequently be encouraged to grow and employ more
12. Big Multi-National Companies will be required to pay their
13. No tax cheating or tax avoidance necessary or possible.
14. It would create a real user pays system.
15. Continuous flow of revenue to the National Treasury.
16. Our large and expanding national debt will be settled very
17. Australia will become the TAX HAVEN OF THE WORLD
18. Australia will indeed be the "Lucky Country".
19. It would allow people to save money for retirement, with no
20. Our National Fund Reserves would be rebuilt by the increase in
savings deposits, deposits encouraged by the Debit Tax System . At present our
reserves are at their lowest since the Great Depression.
Disadvantages of our present system
Our current outmoded Tax System has proven to be complicated and
impracticable to businesses and individuals.
It has many disadvantages:
- It pushes production out of Australia, creating an imbalance in
trade and our increasing overseas debt.
- It is inequitable and unjust.
- It is costly in time and money.
- It is complicated.
- It destroys incentive.
- It penalises individuals who wish to succeed.
- It is taxing on small business.
- It creates tax avoidance and cheating.
The Debit Tax Table
|One Hundred Thousand
|Two Hundred Thousand
|Four Hundred Thousand
|Eight Hundred Thousand
||1 000 000
||10 000 000
|One Hundred Million
||100 000 000
||1 000 000 000
||3 300 000.00
||10 000 000 000
||33 000 000.00
||20 000 000 000
||66 000 000.00
|One Hundred Billion
||100 000 000 000
||330 000 000.00
Current Indirect Tax Rates
Items Taxed At 32%
Radios & Television Receivers, Video Recorders & Players,
Tape Recorders, Record Players, Photographic Equipment,
Watches/Clocks, Jewellry, Goods made principally from precious
metals, Cameras, poker Machines, Other Amusement machines.
Items Taxed At 22%
Toothpaste, Tooth powders, Recycled Paper Products, Soft Drinks,
Stationary, Pens, Pencils, Bookmarks, Paperweights, Toilet paper,
Toys, Games, Amusement Equipment, Umbrellas, Sporting Equipment,
Firearms, Ammunition, Musical Instruments, Commercial Motor
Vehicles, Photographic Negatives, Transparencies, Filmstrips,
Motorbikes, Bicycles, Caravans, Trailers, Motor Vehicle Parts &
Accessories, Oils & Lubricants, Computers, Non-Luxury Motor
Vehicles, Sunscreens less than 4SPF, Equipment not exempted as aids
to manufacture, Business Equipment, Industrial & Business
Machinery, Commercial Laundering & Dry Cleaning Equipment, Radio
& Television Transmission Equipment, Vending Machines,
Commercial Air-Conditioning Equipment, Chemicals, Detergents, Soaps,
Sopa Powders, Polishes, Glues, Starches, Disinfectants, Advertising
Matter, Lawnmowers, Garden Sprinkler/Hoses, Travelware, Handbags,
Baskets, Swimming Pools & Spas, Household Insecticides,
Saddlery, Harnesses, Horse Rugs, Ropes, Tents, Tarpaulins, Car
Covers, Pet Food for Domestic Pets, Dog Soap etc. for Domestic Pets,
Water Treatment Appliances for Swimming Pools, Cigar/Cigarette
Cases, Cigarette Lighters, Ornaments, Artificial
Flowers/Fruit/Plants, Safety Razors/Blades, Electric Shavers,
Shaving Preparations, Shaving Brushes, Toilet/Dressing Cases, Hair
Brushes & Combs, Musical Boxes, Records or Audio Discs,
Recordable Video Tapes for Home Use.
Items Taxed At 12%
Flavoured Milk Drinks, Australian Fruit & Vegetable Juices,
Matches, Biscuits & Snack Foods, Ice Cream, Confectionary,
Furniture, Crockery, Baths, Shower Screens, Vases, Maps, Street
Directories, Atlases (other than school), Cutlery, Refrigerators,
Washing machines, Domestic Spce heaters, Domestic Cooking
Facilities, Candles & Tapers, Toasters, Mixing machines,
Immersion Heaters, bathroom Fittings, Glassware, Electric Fans,
Air-Conditioners, Kitchen utensils, Sewing/Knitting machines,
Spinning Wheels & Weaving Looms, Lighting Appliances, Drapery
& Soft Furnishings, Water Heating & Hot Water Storage
Equipment, Hot Water Jugs & Kettles, Percolators, Toilet Pans
& Seats, Septic Tanks & Filter Tanks, Chemical Sanitary
What is The Debit Tax Council?
The Debit Tax Council Australia is a non-profit, non-political
organisation, operating under the guidelines of Leonard C. Crisp,
the innovator of this revolutionary tax system. The Council's
objective is to bring about a radical and innovative taxation reform
that will generate wealth, encourage business growth, erase
unemployment, eliminate our overseas debt. This tax system is
non-discriminatory and will benefit all Australians.
If you have questions to ask or comments to make, please write to
the above address, or send an email to Michael Gray firstname.lastname@example.org
Debit Tax Association
P.O. Box 61
Mt Crosby News
Mt Crosby Qld 4306
Introduction of a Debits or Transaction Tax in Australia.
It appears that the organisations below are at present the major basic
enemies of a Debits or Transaction Tax system as it is also called. If
they could be convinced of the viability of a Debits Tax and get behind it,
Australia would in my opinion see it introduced.
Access Economics is a contractor to the Howard Govt & if I recall
rightly was originally funded by the Howard Commonwealth Govt. ( Your dollars)
One of the founding Directors is ex Fed Treasury Geoff Carmody, same
name as recently retired ATO chief for many years Michael Carmody. I don't
suppose they are siblings?
Australian Taxation Institute.
Australian Taxation Research Foundation. ( Connected to Access Economics)
Unit for Macroeconomics at Canberra ANU Uni.
How money is created in Australia :
Simply explaining how the Australian monetary system could better serve
We have all heard it said that "money is the root of all evil" and
probably thought that was a bit of an exaggeration. But when we understand
how money is created in the modern world we can then understand the main cause
of many major problems: ever increasing taxation; pensions disappearing;
inequitable distribution of wealth; inflation; national debt; currency crises
and devaluations; recessions; depressions; and even the failure of government in
a democracy to govern in the interest of its electors.
Money was invented to be a tool for facilitating trade, but has now become a
tool used by the rich to govern the world. If you have any doubt about
that, please read on.
We've all heard of the Third World's debt crisis, of hopelessly poor nations
unable to pay their debts, and of the human suffering and environmental
consequences of their desperate predicament. But did you know that
powerhouse of the world economy, the United States of America, is also in
debt... to the extent of nearly US$20,000 for every man, woman and child in the
entire USA? Or that after Mexico and Brazil Australia is, per head, the
largest debtor nation on Earth?
According to figures obtained in mid 2001 from the CIA
Factbook, these are the external debts of a few countries, a lot of them
from the "First World":
Australia US$222 billion, Austria US$32 billion, Canada US$253 billion, China
US$159 billion, France US$117 billion, Hong Kong US$48 billion, Israel US$18
billion, Italy US$45 billion, New Zealand US$53 billion, Russia US$199 billion,
South Africa US$25 billion, Sweden US$66 billion, United Arab Emirates US$15
billion, United States of America US$862 billion.
The Factbook's figures vary from being a couple to several years old, but if
so many countries, from the richest to the poorest, are all in debt the question
needs to be asked... to whom is the money owed? The answer, apparently, is
to private banks.
Banks are happy to make loans available because of the interest they earn
from them, but how do they come to have so much money to lend? More even
than the world's richest countries? The way the banks amass all that money
to lend is the story of this page, because they do it not only in Australia, but
in countries all around the world, and they are accused by many of using that
money to bribe and blackmail politicians, political parties, bureaucrats, media,
experts, and others so that indirectly they are able to govern the world.
To find out how, read on...
Definition of Money:
Money according to the Macquarie dictionary is "coins or certificates
(such as banknotes etc.) generally accepted in payment of debts and
transactions, or any article or substance similarly used". In the
early days of Sydney, Australia, rum was frequently used as a form of
money. In the modern world credit cards and cheques are generally accepted
in payment of debts and transactions, so credit is a form of money.
Coins and Banknotes
In Australia, coins are made by the Commonwealth Government at its Royal
Mint in Canberra and banknotes are printed in Melbourne by Note
Printing Australia, a wholly owned subsidiary of the Reserve
Bank of Australia which in turn is wholly owned by the Commonwealth
Government. So it is fair to say that coins and banknotes are manufactured
by the government. Provided the quantities made result in a total money
supply in balance with the goods and services being generated throughout the
country the manufacture of coins and banknotes will not cause inflation nor a
shortage of money.
like those prepared by the Reserve Bank show that only about 5% of all money in
Australia exists as coins and banknotes. So where does the other 95% of
money come from?
Banks Create Money by Creating Credit:
Credit that can be accessed by credit card, overdraft cheque or bank loan
represents nothing more than a bank's promise to pay. It does not mean
that the bank owns enough real money with which to pay, nor does it mean that
the bank's customers have deposited sufficient money with it for the express
purpose of loaning out. To honour its promise to pay the bank relies on
two factors: First that the credit created will spend most of its life as
deposits in bank accounts where it can exist as nothing more than numbers in
bank computers. Second, that whenever payment in cash is demanded, the bank can
pay with money deposited with it for safekeeping by its customers. No
depositor ever sees a statement telling him that part of his deposit is
unavailable because it has been loaned to a borrower, however banks have been
known to go broke occasionally even in Australia, leaving their trusting
customers in the lurch!
When someone borrows from a bank, perhaps taking out a housing loan, the bank
records in the borrower's account the debt that must be repaid with interest,
and in return provides a bank cheque to the borrower or direct to whoever he is
purchasing the house from. The bank cheque is bank created credit, not
backed up by the bank's own money nor anyone else's. The banks are
permitted by governments to create credit like this up to as much as 15 times
the total amount of money they hold in "deposits". Furthermore,
"deposits" are considered to be not only banknotes and coins, but
cheques and account balances representing credit created previously, so banks
are able to build a mountain of credit based on earlier credit until it amounts
to 95% of all money!
It is worth stressing that when a bank makes a loan, it never loans any of
the bank depositors' money. No depositor ever sees a statement telling him
that part of his deposit is unavailable because it has been loaned to a
borrower. Bank loans are of bank created credit only.
Eventually the house seller will present the bank cheque for payment,
probably at another bank where it will be credited to the seller's
account. But even at this stage the created credit still exists only as
numbers that the banks' computers can swap amongst themselves, and on average
that is where 95% of it will stay for the life of the loan, because, remember,
only about 5% of all money is cash.
So banks can and do increase the money supply by creating money out of
nothing, as credit. By so doing their influence over the total amount of
money circulating in the community is many times greater than that of the
government manufacturing banknotes and coins. And so it is that the
privately owned banks can cause and control inflation. Remember that next
time you hear some scaremonger predicting ruinous inflation caused by the
government printing money.
In time, the credit created by the loan is extinguished as the loan is
repaid, so at the end of the loan the temporarily created credit will have
disappeared, except for leaving the bank richer by the amount of interest
paid. Would now be a good time to remember that the interest amount is
often greater than the original amount of the loan?
To expand its business, the banking industry normally seeks to continually
increase the overall level of debt, and just loves big spending business and
government customers. But it is worth noticing that banks can at any time
decrease the supply of money circulating in the community by refusing to issue
new loans as existing ones are repaid... thereby causing recessions and
In Other Words:
The previous section is the most misunderstood part of this story, so it is
worth repeating several times in different words. Click
here to find similar things being said in different ways by a variety of
commentators. Or see The
Fatal Trap In The Global Economy by Graham Ferguson and Michael Bond.
And if you are wondering why you don't hear these things on TV, on radio, at
school, or in newspapers, here is an
explanation of why from Canada, which is plagued by the same problems.
Bankers Depression of the 1930s:
Older Australians all know about the Great Depression and the extremely hard
times it brought about; but what of its causes?
In 1930, Australia did not lack industrial capacity, fertile farmland, or
skilled, industrious and willing workers, residing in both the city and country.
Already, extensive systems of reasonably efficient transport and communications
were in place. War had not ravaged the cities or countryside, nor had famine
devastated the land and its population. There remained plenty of development
work to be done. The one thing that industry and commerce lacked was a
sufficient supply of money.
In the early 1930s, Bankers, who were the only source of new money or credit,
deliberately refused loans to industry, commerce and agriculture. However,
payment on outstanding loans was still demanded, which led to a rapid decrease
in the circulation of real money. By a curious co-incidence, the same
thing was happening in America and elsewhere.
This caused a complete standstill; jobs could not be done, goods and services
could not be purchased. This placed Australia in the Great Depression of the
1930s, and moreover, placed extensive numbers of mortgaged businesses, private
dwellings and farms into the hands of Banks. The same happens on a smaller scale
every time we have a recession.
Australia suffered more in the 1930s than any other country with the
exception of Canada and Germany. We had an unemployment rate that reached
30% and was 20% for a long period of time. National income fell by almost
half. Capital dried up completely. Commodity prices fell by two
Bankers Quickly Created the Money for War:
Almost overnight, the same Bankers who had no money for housing, food and
clothing, suddenly had millions to lend for Army barracks, uniforms, rations and
weaponry. This was a remarkable reversal in policy by the Bankers. They
simply began pumping millions upon millions of dollars back into the economy
when war was imminent. The Great Depression ended because of the war!
Wars create huge debts to the Bankers who are able to expand the money supply
and lend more money out. Big banks that have traditionally been owned
exclusively by a few collaborating families, can change the course of history
and have done so for much of this century.
Competing Banks Co-operate:
Various mechanisms exist to enable individual banks to co-operate with each
other to make the banking industry work by exchanging debts, payments,
information, etc. One such is the Australian
Payments Clearing Association, a public company owned by the banks, building
societies and credit unions. It has been in existence since February 1992 and
has specific accountability for key parts of the Australian payments system,
particularly payments clearing operations.
If you have wondered how the independent banks manage to raise and lower
their interest rates all at about the same time, the answer lies with the Reserve
Bank of Australia which is not a government department but is wholly owned
by the Commonwealth. The Reserve Bank Board makes decisions about interest
rates independently of the political process – that is, it does not accept
instruction from the Government of the day on interest rates. In the USA
the Federal Reserve Bank posed as a government agency until a US appeal court
ruled that the Federal
Reserve is privately owned.
associations and institutes exist throughout the world to cater for the
mutual interests of bankers. One is the Australian
Bankers' Association, the national organisation of licensed banks in
Australia whose mission is "to further the interests of Members . .
And internationally, Australia is a member of the International
Monetary Fund which was created to promote international monetary
cooperation. Its activities include Surveillance, Lending, and Debt Relief
for heavily indebted poor countries in exchange for the ability to prescribe
macroeconomic adjustment and structural and social policy reforms in those poor
So quite apart from family connections, religious loyalties and secret
societies, there exist many recognised bodies fostering contact, co-operation,
and perhaps collusion between supposedly competing banks. Whether this
ever results in a conspiracy is left for the reader to decide.
Banks (try to) Buy Respectability:
A minor scandal erupted in Australia during the year 1999 when it was
revealed that influential radio talkback presenter, John
Laws, had accepted payment of half a million dollars from the Australian
Bankers' Association for more favourable on-air comments about the banks.
The parties involved appeared to regard the deal as a normal commercial
Impossibility of paying off all debt:
Some simple arithmetic will quickly convince you that if 95% of a nation's
money exists as bank created credit owing a bit over 5% interest, the remaining
5% of "real" money will be insufficient to pay even the
interest! Consequently, interest is continually compounded as a
debt. This is a mathematical certainty. The whole economy then
slaves away at the impossible task of trying to repay the ever increasing debt
to the banking system. Lucky individual borrowers will sometimes pay off
their debts to the banks, using in the process so much of the available money as
to ensure that others never can.
Under Australia's present monetary system, at any point in time the
capitalised value of debt and interest will always exceed the money
supply. At the end of May 1998 in Australia, the total value of debt and
interest as a result of lending by banks was $518,498m, while the money supply
was $404,109m. There's a fuller discussion of this matter in Manufacturing
Money by Mark Mansfield B.Ec.
The Result: Profits for the banks, Debts and taxes for the
Whilst the banks profit by creating credit, what happens to the borrowers?
In the case of the Australian government its debt reached such a size that it
could not pay off the loans as they fell due, and has to borrow more just to pay
its interest bill ! By 1993/4 Australian governments were
responsible for 46% of Australia's total external debt which itself is now
US$222 billion according to the CIA
This is why the government, desperate for money to pay the banks,
increasingly taxes the people who can not escape it; why it sells
commonwealth assets and enterprises previously owned by the people; why it
bleats that it can no longer pay old age pensions to people it has been taxing
for that very purpose since the 1940s; and why it continues to attract foreign
investment long after our need for it has passed. A formula for leading
Australia inexorably into the clutches of the International
Monetary Fund !
By 2005 the government had paid off most of its debt to the banks, aided by
sales of our publicly owned assets, its new tax, a booming world economic
climate, and theft by inflation... but left the privately owed external debt
Australia has already started taking the IMF's
Four Steps to Damnation.
If you have retained your sense of humour this far and would like to join a
group of Australians who are sick of banks, why not visit the Sick
of Banks website and register your support?
The good news is that the problems caused by Australia's present money
creation system can all be overcome: better alternatives exist. Another
matter entirely is how to get Australian governments to implement the required
changes, or even to comprehensively discuss them.
Some approaches that have merit are listed below:
Government Issued, Debt Free Credit: Most problems would be overcome if
the government simply issued credit, like it does with banknotes and coins, debt
free. Especially when the government itself is the borrower. It
already has the constitutional power to do so. Why it should have
transferred this lucrative right to privately owned banks is difficult to
understand unless things like bribery and blackmail are considered.
Conspiracy theorists point out that two American Presidents, Abraham
Lincoln and John
Kennedy were both assassinated whilst they were attempting monetary reform.
the Banks - bringing them under government ownership and control - appeals
because amongst other things it could result in banking profits being shared by
all the people. In 1947 Prime
Minister Ben Chifley and his Australian Labor Party Government attempted to
nationalise Australia's banking system, but the proposal was vetoed by the Privy
Council. Chifley's idea was to harness credit-creation to national
economic development. Opponents point out that government has made such a
mess of so many things it has undertaken that it simply can not be trusted with
something as important as running banks. For example, in Australia's
banking crisis of 1989-1992, the IMF estimates the cost of rescuing state-owned
banks to be nearly 2% of GDP. What the IMF didn't estimate is the
percentage of GDP we pay every year, in interest on credit created by private
Banking is designed around the religious beliefs of Muslims, but can be used
by anyone. Paying and charging of interest is prohibited ! Use of
paper money is also illegal according to Islamic law, so another Islamic
initiative is a return to the use of coins made of precious metal. The
Dinar is now minted in four countries and is on its way to becoming the
currency of millions of Muslim peoples. And it could once again become the
currency of all people who are tired of being cheated.
Banking is just one of a collection of reform measures proposed by Economic
Reform Australia, a non-profit and non-party organisation concerned
primarily with sustainable development and with economic and financial reform.
For lots more detail about alternatives and an agenda for implementing them,
see David Keane's page Solutions
for Australia's Banking and Financial Management.
Some Success Stories:
The Saracen Empire forbade interest on money 1,000 years ago and at that time
its wealth outshone even Saxon Europe.
Mandarin China issued its own money, interest and debt free, and historians
and collectors of art today consider those centuries to be China's time of
greatest wealth, culture, and peace.
Germany financed its entire government and war operation from 1935 to 1945
without gold and without debt, and it took the whole Capitalist and Communist
world to destroy the German power over Europe and bring Europe back under the
heel of the bankers.
A little place that has escaped the clutches of the banks by issuing its own
interest-free money is the little island of Guernsey.
By controlling its own money supply from 1816 onwards, Guernsey was able to
avoid the century old trap of borrowing when it didn't have to. The island
has had a stable and prosperous economy for over one hundred and fifty years.
Guernsey's income tax is only a "flat" 20%. It has no public
debt, no GST, no VAT, no inheritance tax, no capital gains tax, and almost no
American colonies issued debt-free and interest-free money as colonial scrip
in the 1700's and their wealth soon rivaled that of England, provoking
restrictions from the English Parliament which in turn led to the Revolutionary
War. The basic cause of the revolt of the American colonies against the
British Government was the fact that the British did not like the colonists
creating their own money and enjoying comparative prosperity compared with
conditions in Britain.
Abraham Lincoln printed 400 million dollars worth of interest and debt free
Greenbacks in 1863 to successfully finance the Civil War, only after being asked
to pay 24% to 36% interest by the banks. He was later assassinated,
allegedly by an agent of the Rothschild Bank.
Australia's own government established Commonwealth
Bank achieved some impressive successes while it was "the peoples'
bank", before being crippled by later government decisions and eventually
sold. At a time when private banks were demanding 6% interest for loans,
the Commonwealth Bank financed Australia's first world war effort from 1914 to
1919 with a loan of $700,000,000 at an interest rate of a fraction of 1%, thus
saving Australians some $12 million in bank charges. In 1916 it made funds
available in London to purchase 15 cargo steamers to support Australia's growing
export trade. Until 1924 the benefits conferred upon the people of
Australia by their Bank flowed steadily on. It financed jam and fruit pools to
the extent of $3 million, it found $8 million for Australian homes, while to
local government bodies, for construction of roads, tramways, harbours,
gasworks, electric power plants, etc., it lent $18.72 million. It paid
$6.194 million to the Commonwealth Government between December, 1920 and June,
1923 - the profits of its Note Issue Department while by 1924 it had made on its
other business a profit of $9 million, available for redemption of debt.
The bank's independently-minded Governor, Sir Denison Miller, used the bank’s
credit power after the First World War to save Australians from the depression
conditions being imposed in other countries. The Commonwealth became the
first Australian Bank to to open an agency in New York, established mainly for
public loans via the New York market. By 1931 amalgamations with other
banks made the Commonwealth Bank the largest savings institution in Australia,
capturing 60% of the nations savings.
The Commonwealth Bank was unable to save Australia from the depression of the
1930s because it had been effectively strangled in June, 1924, when the
Bruce-Page Government brought in a Bill to amend the Commonwealth Bank Act by
taking the control of the Commonwealth Bank out of the hands of its Governor,
and placing it in the hands of a directorate consisting of the Governor of the
Bank, the Secretary of the Treasury, and six persons actively engaged in
agriculture, commerce, finance, and industry, to be appointed by the
Governor-General (which in practice meant the Bruce-Page Government). The
effect of the Bill was to place the Bank absolutely under the control of a body
of men who might be bitterly opposed to any competition with private banking.
Such history of money does not even appear in the textbooks of public schools
We are not alone!
Take a look at some of the
websites exposing similar problems in the USA. A proposal for solving
the problems is presented in the People
For Mathematically Perfected Economy USA website.
"At the turn of the century there was nothing that Australians could not
afford. Per head, we were the richest people on Earth. Our life
expectancy was the longest in the world."
So runs the introduction to a 1987 film series produced by Film Australia and
entitled "Last Chance for the Lucky Country" (ISBN 0642 13106
6). It seems that Australia had the highest or close to the highest
standard of living right up until about 1960. But the introduction
"Today, our rank has dropped. 16 countries lead us in wealth.
After Mexico and Brazil we are, per head, the largest debtor nation on
That was in 1987. By the end of 1997 our standard of living had dropped
below 23rd, we were further in debt, and the value of our dollar had dropped to
a near-record low. By 2001 our dollar had set a series of new record lows,
and although it has appeared to recover somewhat since, that is mainly when
compared with the USA dollar, which itself is beset by many of the same
See also: Various
Views on Money Creation
See also: Manufacturing
See also: Understanding
How Money is Created
See also: Australia
Needs An Industry Policy
Outlining Australia's political path to
There can be no mistaking the intent and actions of Australian political
parties to remove economic prosperity from the people of Australia.
This was heavily accelerated in 1975 by the Whitlam regime, launching Australia
on it's downward spiral into endemic debt and poverty.
The Lima Declaration was accepted by the Foreign Affairs Minister Senator
D.R.Willessee without the knowledge of Parliament, thus ensuring that Australia
would wind down Industry, Manufacturing and Farming.
The Lima Declaration also required that
we relinquish Monetary Control over the Economy & Banking. Every Government
since 1974 has worked steadfastly towards the goals of the Lima Declaration and
the target year of 2000.
myth exploded — by Louis Must read
counterfeiters — by Jean-Pierre Richard
The Illuminati: the
world conspirators — by Myron Fagan
tax is unconstitutionnal — by Murray Gauvreau
Cuts and tax hikes
(Ontario) But good information for all ! — by Louis Even & Yvon Nantel
About creation of money
Two great presidents of
the United States (JFK & Lincoln) — by Melvin Sickler
United States Note (JFK)
— by Melvin Sickler
American Senator Jack
Metcalf — by Alain Pilote
monetary experiment — by Louis Even
The banks do not lend
the depositor's money — by
A town that issues its
own currency: Ithaca — by Alain Pilote
Bad fruit from a
system of unpayable debts — by Louis Even
Finance Minister Martin
repeats like a parrot — by Thérèse Tardif
Terminated! Freemasonry's Final Revelation
By Henry Makow Ph.D.
November 16, 2003
By allowing bankers the privilege of creating money, we have created an
insatiable vampire. If you could manufacture money, imagine the
temptation to own everything!
THE GST IS UNCONSTITUTIONAL- You will find this delightful
TO MAKE THE TAX OFFICE YOUR SERVANT - They seem to
forgt who is the legal master.
- WHAT HAS THE GOVERNMENT DONE WITH OUR MONEY?
- By Murray N. Rothbard - Copyright
1980 by The Ludwig von Mises Institute
- THE SKEPTICAL INVESTOR -- THE GLOBAL CRI$I$
- By Max Moseley
1999,2000 All Rights Reserved.
- WHEN CORPORATIONS RULE THE WORLD
David C. Korten - Kumarian
- THE HOAX OF EQUAL OPPORTUNITY AND PROSPERITY
- By David Vancouver,
Canada - March 1990
- THE FOUNDATION FOR THE ADVANCED MONETARY EDUCATION:
- MONETARY FRAUD EXPLAINED
Paul A. Hein, M.D