NP Rank:
The Fraud Banks Commit Everyday.
The International Institute of Nonviolence
News&Opinion
By: Rev. Jermano
Think about what Banks do and how Wall Street really isn't Wall Street for the people. If they outlawed Credit Cards the bankers would have to do work and not get their free usury money. God forbid they did something to really earn money, instead of charging people to use money that isn't their's in the first place.
Banks get their money from depositors in which that money is not theirs.....Yet they have the right to lend that money (that's not theirs) to other people? While stealing the money from depositors they claim as theirs they attach interest on the loans.....They collect free money from our money. And here we are led to believe people need to pay money to borrow money. Not so for Banks..
Why don't the people/depositors charge interest to Banks who use their money?
Banks give people interest on money they deposit in their banks.....but how is that fair to depositors when banks take that money and charge higher interest to people who will borrow it? Why is my deposit money unable to collect the real loan interest the banks charge to borrowers?
Now Obama and McInsane are changing the 100,000 FDIC guarantee for Deposits to 250,000 usd FDIC guarantee.....Which ultimately means nothing except saying give us more of your free money so we can use it to make our free money... Obama and McInsane are part of the PROBLEM,, not the solution to our Bankers who commit Fraud each and everyday on American Depositors.
If Wall Street really was for Main Street the people who put money in the banks as deposits would receive the full interest from the loans the banks give to other people. I have 10,000 usd that I deposit in a bank but only get 2 % interest...Yet the Bank will take my money and lend it out and collect 6%. They reap 4% free money from my money.....To me this is a fraud and breaking the law.....If Wall Street was real to the people they would get the full 6% for the money lent out as loans.... People who join Banks would pay a yearly fee for workers and the services, just like all other service sector jobs...
Stop the scam man, stop the Bank Fraud in America. Give the people Main Street not a Stoned Wall , Stone Walling, Berlin Wall, Israeli Wall....Wall Street....of lies and bunk who steal our money. Stop the golden parachutes.......High Tech CEO heists.
Now the Senate is gloating over how they are successful in twisting the arms in Congress, most certainly behind the scenes threatening them.....to support the Bailout, now called the Rescue plan....They are a bunch that does not represent the people.....but only their own self interests.
In utter astonishment people are blaming Bill Clinton for 911 saying he was lax on fighting terror in the world....giving George Bush only 8 months to stop the attack on 911....is so so baseless and increditable.
Why didn't Bush Senior go into Iraq when he had the chance? You people say one thing one minute and say something else the next...while making us feel like we were wrong on both....
Give a the new President a Break? I will for Obama...never for the Bush's....and the rest of the pack of liars that stretch from Washington throughout the Land.....They all have their hands out for the pie, and the people get nothing but more compiled debt.....They have and keep pushing the same old failed policies....It's broke....throw it out.....and try the new that we all want..
That new approach is ending the war, bringing the troops home, close the banks that failed, and end the Mark to Market plan. Allow people to refinance their homes by rewriting the loans, where balloon payments are illegal, and end the unemployment Insurance plan....Money used from Unemployment would be used to create new jobs, instead of handing welfare checks to jobless applicants.....
Failed mortgages from the failed banks would go to other banks free of charge with the banks agreement to rewrite the loans, at lower interest rates.....
The only thing I would agree to is a vote for money to create jobs such as Geothermal Development funding in the US and World Economy....That money would be the amount they spent on Iraq in one years time.....and it would be available because the war would be ended and troops brought home.....to guard the homeland....
Warning: to Harry Reid and Nancy Pelosi......your time is coming to a close.
I hope Congress votes NO More Lies on this 700 Billion fiasco.....they are ramming down our throats.
Rev. Jermano










Most RecentMost Recommended Comments (2)
at 19:58 on October 2nd, 2008
djermano, I like this story. It's good stuff.
There are alternative forms of banking. Adapting the ideas below could lead to a banking system which creates sustainable wealth for those in the lower percentiles not just the top 1%.
Source: economist.com
Source: en.wikipedia.org
Source: en.wikipedia.org
at 20:30 on October 2nd, 2008
Wow! I did not know this Heritage....And this coming from Islamic circles certainly goes against the rhetoric the Bush Administration has been leveling against the Islamic World... The more the truth comes, the clearer it is to what is happening in the world... So I need to find funding for my mortgage from an Islamic Bank.
Thanks for the great links. Heritage.
Rev. Jermano