the control factor behind synthetic money

We call it “fiat” … we think of it as “authority” … but we lose sight of what makes it tick; control.

Consider this: when the Wall Street money trust placed America
securely in their grips, why was it necessary to pass an income tax
Amendment to the Constitution?  The only good thing about fiat money is
it doesn’t require an income tax.  Think about it; the money is
synthetic, it doesn’t exist as real money that needs to be collected to
be spent… salt, silver, and gold are mined from the earth and need to be
possessed to be spent, but not fiat money, fiat money is created from
legal motions, it is thought money, it is created by whatever process
thought up by the fiat, it doesn’t exist as a real substance that was
mined from the earth, it doesn’t need to be collected in order to be
possessed, it is spoken into existence, it is the mind of the state. 
The Federal Reserve system gives the creation of our particular fiat
money to the banks, but the authority begins with the US Treasury and
the Treasury can speak money into existence any time it feels like it…
not that it ever does… but that could change…  it is all the mind of the
state; whatever it is minded to do.

So, why do we “collect” an income tax?

Fiat money is easier to create than it is to collect.  Collection is
not required to operate the government, the government can speak the
money into existence that it needs to spend and that would be a lot
easier process than collecting taxes… actually, creation does not
require a physical process like collection does, creation is executed by
decision, the act of creation itself takes up no time or effort, it
just happens by keystroke… it all hinges upon the mind of the state. 
The fiat just has to decide how much money to create and once that
decision is made, the money is created.

So, why do we “collect” an income tax?

The stock markets and bond markets act as a retainer for ownership of
society by the fiat.  The fiat controls the markets through money
creation.  That drives the markets.  Credit and money creation are
identical in a synthetic money system.  This controls the creation
process.

So, why do we “collect” an income tax?

In order to control the balance of wealth held by society, the fiat
collects into a central holding tank… the central bank.  This is where
your taxes get deposited.  This is the real wealth transfer and wealth
distribution program.  The government maintains a slaves share of money
for the working class to keep them functional… while the balance of
money earned is controlled through income taxes… it isn’t so much about
needing to collect money at the central bank, because the central bank
is the fiat; the central bank doesn’t to collect any money, it has the power of
creation.  So, why do we “collect” an income tax?  The international
bankers instituted the income tax to control the balance of wealth held
by the citizens of the state.   That’s the control factor behind
synthetic money.

'The British government has learned that Saddam Hussein recently sought significant quantities of uranium from Africa.'

'I did not have sex with that woman.'

'Read my lips, 'No new taxes.''

'We do not negotiate with terrorists.'

'I've looked on a lot of women with lust. I've committed adultery in my heart many times.'

'there is no Soviet domination of eastern Europe.'

'I am not a crook.'

'I will not seek nor will I accept...'

'And so, my fellow Americans...'

'... we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex.'

'Someday I hope to meet you...'

'Yesterday, December 7, 1941, a date which will live in infamy...'

2. It was vaguely amusing the first couple of times I heard it as a child back in the mid-fifties. It had begun to grate on me by the early seventies, and now, everytime I hear an otherwise educated, presumably literate person refer to the Atlantic Ocean as 'The Pond' I want to throw up.

3.Mitt Romney isn't qualified to hold Jimmie Carter's coat.

4. Pawn Stars? Storage Wars? Parking Wars? Dancing with the Stars? The 'Stars'?? Pig Farmers from Hell? Swamp People? Duck People? Steven Seagal with a real gun? A Real Gun? MMA/UFC? These guys should fight to the death. Big bucks in High Def fatalities and it would functionally improve the gene pool. Fox News? Rupert Murdock? Easy answers to tough questions for people who just don't want to think about it. Ever notice 70% of the guests on Sunday Morning talk shows are Republicans? 70%. I see Ryan O'Neill is in the news again. I think we can pretty much agree the idea of the ashcan of history is no longer functional. The Kardashians. The Kardashians.

5. Why do I get a sense of accomplishment when I finish watching an episode of Yard Crashers? I actually go into the kitchen and wash up. With Lava Soap. Two episodes in a row? Knocks me out. Gotta take a nap.

6. My son, the Firefighter/EMT, was drawn into a heated exchange with a homeless man a couple of days ago. While bandaging up this old guy's head, he (the old guy) proceeds to launch into a discourse on how Obama's a communist and when my kid asks him why he thinks Obama's a communist he says 'Obamacare! Obamacare proves it!' True story. Hell in a hand basket.

7. Ran into an old girlfriend of mine from high school. Cheerleader, Home Coming Princess, all-around object of lust, She'd gotten fat. Yeah, not 'heavy', fat. Made me kinda happy. I'm gonna have to think about that a while.

"Hey mister, can you tell me where a man might find a bed?"

He just grinned and shook my hand, "No," was all he said

Levon Helm dead at 71.

Take a load off Annie, take a load for free...

On March 9 — 45 days after the speech and 30 days after the announcement — we met with Schneiderman in New York City and asked him for an update. He had just returned from Washington, where he had been personally looking for office space. As of that date, he had no office, no phones, no staff and no executive director. None of the 55 staff members promised by Holder had materialized. On April 2, we bumped into Schneiderman on a train leaving Washington for New York and learned that the situation was the same.
[...]

In fact, the new Residential Mortgage-Backed Securities Working Group was the sixth such entity formed since the start of the financial crisis in 2009. The grand total of staff working for all of the previous five groups was one, according to a surprised Schneiderman. In Washington, where staffs grow like cherry blossoms, this is a remarkable occurrence.

Benjamin Netanyahu

Hosni Mubarek

Augusto Pinochet

Ferdinand Marcos

Shah Reza Pahlavi

Saddam Hussein

Manuel Noreiga

Anastasio Somoza

The House of Saud

Rafael Caldera

Osama bin Ladin

Ariel Sharon

Hello, I'm Woman Picking Out Fruit In Supermarket. And I'm writing
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people (including those of us who make a living posing for stock
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Woman Picking Out Fruit In Supermarket

Co-Chair, People in Stock Photos for Franken (PSPF)

P.S. As someone who eagerly reads every email I get from Al, I have
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Quote 'O the Day

by digby

ABC News

Ann
Romney asked about Romney being "too stiff": "I guess we better unzip
him and let the real Mitt Romney out because he is not!"

.

digby 4/02/2012 10:00:00 AM