Thursday, November 25, 2010

US Dollars Cheating and Bleeding The World

By Joan Veon

In 1913, at 11:45 p.m., on Dec. 23, Congress approved a private corporation designed to form a private corporation, designed to control the monetary system of our country. They moved with a calculated craftiness and deceit to pass legislation that would enslave every American as a debtor to their corporation.

To give you an idea as to where our country is with debt, as of September 2008, the [official] U.S. federal debt had reached approximately $9.7 trillion, or $31,700 per person. [As of October 2010, the national debt now stands at $13.6 trillion.—Ed.] However, when the unfunded liabilities such as Social Security, Medicare, and other social programs are added in, our total debt grows to $59.1 trillion, or $516,348 per household.

In 2005, the total personal debt, consisting of mortgages and consumer loans, was estimated at $11.4 trillion, with total U.S. household assets, including real estate, totaling $62.5 trillion.

Why it is Americans can’t forgive themselves the interest on the debt? Well, we don’t “owe” it to “we the people,” we “owe” it to the Federal Reserve and to foreign governments in the form of U.S. Treasury bills, notes and bonds.

As of two years ago, the top four foreign owners of our debt were: Japan at $592.2 billion, China at $502 billion, United Kingdom at $251.4 billion and oil exporters at $153.9 billion. Other owners of U.S. debt include Brazil, Caribbean Banking Centers, Luxembourg, Hong Kong, Russia, Norway, Germany, Taiwan and Switzerland.

Eric Cantona Revolution Against Banks

Eric Cantona has taken it upon himself to promote a revolution against the banking oligarchy calling for everyone to take their money out of the banks.

In an October interview with Nantes newspaper Presse Ocean, as France endured a series of nationwide strikes against President Nicolas Sarkozy’s plans to raise the pension age, Cantona questioned the effectiveness of street protests.

He said: “I don’t think we can be entirely happy seeing such misery around us. Unless you live in a pod. But then there is a chance… there is something to do. Nowadays what does it mean to be on the streets? To demonstrate? You swindle yourself. Anyway, that’s not the way any more.

“We don’t pick up weapons to kill people to start the revolution. The revolution is really easy to do these days. What’s the system? The system is built on the power of the banks. So it must be destroyed through the banks.

“This means that the three million people with their placards on the streets, they go to the bank and they withdraw their money and the banks collapse. Three million, 10 million people, and the banks collapse and there is no real threat. A real revolution.

“We must go to the bank. In this case there would be a real revolution. It’s not complicated; instead of going on the streets and driving kilometres by car you simply go to the bank in your country and withdraw your money, and if there are a lot of people withdrawing their money the system collapses. No weapons, no blood, or anything like that.”

He concludes: “It’s not complicated and in this case they will listen to us in a different way. Trade unions? Sometimes we should propose ideas to them.”

Cantona’s ‘revolution’ of sorts – whether he intended it as one or not – has gone viral.

A campaign,, has been launched by GĂ©raldine Feuillien, a Belgian screenwriter, and Yann Sarfati, a French actor, in an effort to coordinate the action and make it global.

Blaming the banking sector for pretty much all of the world’s ills, including war, famine and pollution, they are urging supporters to withdraw their money from their bank accounts on December 7.