Conversation with a bankster [Archive] - David Icke's Official Forums

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Anders Lindman

20-08-2007, 11:16 AM

Interviewer: Mr. Bankster, how to you make profit?

Bankster: Interest. It's all about interest. That's why we call it 'interest', because it is of great interest to us.

IW: So interest is your source of income. Do you have any other forms of income?

B: No. Interest is the only game in town.

IW. I see. How do you create this interest?

B: We create money.

IW: Create money?

B: Yes, we are the only ones allowed to create money.

IW: But what about governments? Can't they create money too?

B: No, no. We create all the money for all governments.

IW. How do you do that?

B: We start with $100.

IW: Huh?

B: We start with $100 worth of real goodies. Then we use fractional reserve banking to pump up that bitch to say about $100,000. Then we lend that money to a person for buying a house. And this is the beautiful part; we now own that house. See?

IW: But it's the person who bought the house who owns it, is it not?

B: Not likely. The cannonfodder that takes the loan owes us all the money, hence the house, the actual value in this setup, belongs to us.

IW: But if the house belongs to you, how then can you demand interest from.....what did you call it?.....this....cannonfodder?

B: Because we can.

IW: Ok. Let's go back to the government. How can you create money to lend to the government.....with interest?

B: We now own the house. That's real property. Not this fake money stuff. We can use the house as an asset and create a loan based on that asset, and that loan is then used to create money which we lend to the government.

IW: With interest.

B: Of course. With interest.

IW: So the government has to pay interest for a loan based on a house that the cannonfodder has to pay interest for. Is that correct?

B: Exactly. But don't tell anyone. We don't want to have to shut down our business, now do we?

IW: Of course not. Thank you for your time Mr. bankster. I will report to my media organization that you are in financial problems at the moment.

B: Good. That will keep them cannonfodder in line.

lottie

20-08-2007, 11:35 AM

Spot on and funny you should say that as i was only reading i am me i am free again last night and was at the bit about banking,Icke was saying the same thing....

.....'The Elite-controlled banks are legally lending as a matter of course ten thousand pounds for every thousand pounds they actually own! When you go to the bank for a loan your account is "credited" with that amount. All the bank has done is to type a few amount of your loan, say £10,000, onto a computer disk. If the bank was lending you its customers money, their accounts would have to be reduced by £10,000 to allow you to have the loan. But they're not. They remain the same. So where has this mysterious £10,000 suddenly appeared from? Your "loan" as with every "loan" is conjured out of nothing as merely figures on a screen! and from that moment you start to pay interest on that non-existent money.This phantom "money" is even counted as an asset and this allows it to make yet more loans of the same kind. With every loan the borrower goes into debt and the banks official assets increase, and yet not one new coin has been minted or one new note printed!......'

Anders Lindman

20-08-2007, 11:47 AM

Spot on and funny you should say that as i was only reading i am me i am free again last night and was at the bit about banking,Icke was saying the same thing....

Yes, Icke and others have been saying this for a long time. I have only fairly recently been investigating this. I'm not sure I got the part about how lending money to governments is done, but I suspect it's something in line with what I wrote. The banks create money for the government by using real property which they only own through the creation of bank loans to ordinary citizens and companies. A form of double-scam.

lottie

20-08-2007, 12:17 PM

Anders Lindman

20-08-2007, 12:29 PM

yeah i know what you mean- this little excerpt might help....

.......'Say the U.S. borrow a billion dollars to cover its shortfall in income. It issues a treasury bond or bill, an IOU in other words, and delivers it to the Federal Reserve, a cartel of private banks (owned by the elite). The bankers then "create" a billion dollars at negligable cost to them. At this point the banks begin to charge the government ( the people) interest on a billion dollars. Not only that, the piece of paper the IOU, is now counted as an "asset" of the banks and it appears in their accounts as if they actually own a billion dollars in their coffers This means they can then lend another ten billion dollars of non-existant credit.'.......

Yes! The IOU is most likely based on assets like real estate, and that real estate the banks have got through creating bank loans! I really looks like a double-scam.

This is something we never read about in the newspapers. A magazine like the Wall Street Journal will write endlessly about the level below the banking scam, but never about the scam itself.

garth

20-08-2007, 12:32 PM

Yes, Icke and others have been saying this for a long time. I have only fairly recently been investigating this. I'm not sure I got the part about how lending money to governments is done, but I suspect it's something in line with what I wrote. The banks create money for the government by using real property which they only own through the creation of bank loans to ordinary citizens and companies. A form of double-scam.

Hey Anders, I think the term they use for issuing/loaning money to governments (creating money) is they have the right to do so because the government can tax the people, so what they are saying is that they create a debt in the name of the citizens that is leveraged on the citizens ability to pay tax to the government. It's a totally screwed set up:(

The following is an interesting conversation with Mr. Ron Supinski of the Public Information Department of the San Francisco, Federal Reserve Bank from October 8, 1992.

CALLER - Mr. Supinski, does my country own the Federal Reserve System?

MR. SUPINSKI - We are an agency of the government.

CALLER - That's not my question. Is it owned by my country?

MR. SUPINSKI - It is an agency of the government created by congress.

CALLER - Is the Federal Reserve a Corporation?

MR. SUPINSKI - Yes CALLER - Does my government own any of the stock in the Federal Reserve?

MR. SUPINSKI - No, it is owned by the member banks.

CALLER - Are the member banks private corporations?

MR. SUPINSKI - Yes CALLER - Are Federal Reserve Notes backed by anything?

MR. SUPINSKI -Yes, by the assets of the Federal Reserve but, primarily by the power of congress to lay tax on the people.

CALLER - Did you say, by the power to collect taxes is what backs Federal Reserve Notes?

MR. SUPINSKI - Yes CALLER - What are the total assets of the Federal Reserve?

MR. SUPINSKI - The San Francisco Bank has $36 Billion in assets.

CALLER - What are these assets comprised of?

MR. SUPINSKI - Gold, the Federal Reserve Bank itself and government securities.

CALLER - What value does the Federal Reserve Bank carry gold per oz. on their books?

MR. SUPINSKI - I don't have that information but the San Francisco Bank has $1.6 billion in gold.

CALLER - Are you saying the Federal Reserve Bank of San Francisco has $1.6 billion in gold, the bank itself and the balance of the assets is government securities?

MR. SUPINSKI - Yes.

CALLER - Where does the Federal Reserve get Federal Reserve Notes from?

MR. SUPINSKI - They are authorized by the Treasury.

CALLER - How much does the Federal Reserve pay for a $10 Federal Reserve Note?

MR. SUPINSKI - Fifty to seventy cents.

CALLER - How much do they pay for a $100.00 Federal Reserve Note?

MR. SUPINSKI - The same fifty to seventy cents.

CALLER - To pay only fifty cents for a $100.00 is a tremendous gain, isn't it?

MR. SUPINSKI - Yes

CALLER - According to the U.S. Treasury, the Federal Reserve pays $20.60 per 1,000 denomination or a little over two cents for a $100.00 bill, is that correct?

MR. SUPINSKI - That is probably close.

CALLER - Doesn't the Federal Reserve use the Federal Reserve Notes that cost about two cents each to purchase U.S. Bonds from the government?

MR. SUPINSKI - Yes, but there is more to it than that.

CALLER - Basically, that is what happens?

MR. SUPINSKI - Yes, basically you are correct.

CALLER - How many Federal Reserve Notes are in circulation?

MR. SUPINSKI - $263 billion and we can only account for a small percentage.

CALLER - Where did they go?

MR. SUPINSKI - Peoples mattress, buried in their back yards and illegal drug money.

CALLER - Since the debt is payable in Federal Reserve Notes, how can the $4 trillion national debt be paid-off with the total Federal Reserve Notes in circulation?

MR. SUPINSKI - I don't know.

CALLER - If the Federal Government would collect every Federal Reserve Note in circulation would it be mathematically possible to pay the $4 trillion national debt?

MR. SUPINSKI - No CALLER - Am I correct when I say, $1 deposited in a member bank $8 can be lent out through Fractional Reserve Policy?

MR. SUPINSKI - About $7.

CALLER - Correct me if I am wrong but, $7 of additional Federal Reserve Notes were never put in circulation. But, for lack of better words were "created out of thin air " in the form of credits and the two cents per denomination were not paid either. In other words, the Federal Reserve Notes were not physically printed but, in reality were created by a journal entry and lent at interest. Is that correct?

MR. SUPINSKI - Yes CALLER - Is that the reason there are only $263 billion Federal Reserve Notes in circulation?

MR. SUPINSKI - That is part of the reason.

CALLER - Am I mistaking that when the Federal Reserve Act was passed (on Christmas Eve) in 1913, it transferred the power to coin and issue our nations money and to regulate the value thereof from Congress to a Private corporation. And my country now borrows what should be our own money from the Federal Reserve (a private corporation) plus interest. Is that correct and the debt can never be paid off under the current money system of country?

MR. SUPINSKI - Basically, yes.

CALLER - I smell a rat, do you?

MR. SUPINSKI - I am sorry, I can't answer that, I work here.

CALLER - Has the Federal Reserve ever been independently audited?

MR. SUPINSKI - We are audited.

CALLER - Why is there a current House Resolution 1486 calling for a complete audit of the Federal Reserve by the G.A.O. and why is the Federal Reserve resisting?

MR. SUPINSKI - I don't know.

CALLER - Does the Federal Reserve regulate the value of Federal Reserve Notes and interest rates?

MR. SUPINSKI - Yes

CALLER - Explain how the Federal Reserve System can be Constitutional if, only the Congress of the U.S., which comprises of the Senate and the House of Representatives has the power to coin and issue our money supply and regulate the value thereof? [Article 1 Section 1 and Section 8] Nowhere, in the Constitution does it give Congress the power or authority to transfer any powers granted under the Constitution to a private corporation or, does it?

MR. SUPINSKI - I am not an expert on constitutional law. I can refer you to our legal department.

CALLER - I can tell you I have read the Constitution. It does NOT provide that any power granted can be transferred to a private corporation. Doesn't it specifically state, all other powers not granted are reserved to the States and to the citizens? Does that mean to a private corporation?

MR. SUPINSKI - I don't think so, but we were created by Congress.

CALLER - Would you agree it is our country and it should be our money as provided by our Constitution?

MR. SUPINSKI - I understand what you are saying.

CALLER - Why should we borrow our own money from a private consortium of bankers? Isn't this why we had a revolution, created a separate sovereign nation and a Bill of Rights?

MR. SUPINSKI - (Declined to answer).

CALLER - Has the Federal Reserve ever been declared constitutional by the Supreme Court?

MR. SUPINSKI - I believe there has been court cases on the matter.

CALLER - Have they been Supreme Court Cases?

MR. SUPINSKI - I think so, but I am not sure.

CALLER - Didn't the Supreme Court declare unanimously in A.L.A. Schechter Poultry Corp. vs. U.S. and Carter vs. Carter Coal Co. the corporative-state arrangement an unconstitutional delegation of legislative power? ["The power conferred is the power to regulate. This is legislative delegation in its most obnoxious form; for it is not even delegation to an official or an official body, presumptively disinterested, but to private persons."
Carter vs. Carter Coal Co.]

MR. SUPINSKI - I don't know, I can refer you to our legal department.

CALLER - Isn't the current money system a house of cards that must fall because, the debt can mathematically never be paid-off?

MR. SUPINSKI - It appears that way. I can tell you have been looking into this matter and are very knowledgeable. However, we do have a solution.

CALLER - What is the solution?

MR. SUPINSKI - The Debit Card.

CALLER - Do you mean under the E.F.T. Act (Electronic Funds Transfer)? Isn't that very frightening, when one considers the capabilities of computers? It would provide the government and all it's agencies, including the Federal Reserve such information as: You went to the gas station @ 2:30 and bought $10.00 of unleaded gas @ $1.41 per gallon and then you went to the grocery store @ 2:58 and bought bread, lunch meat and milk for $12.32 and then went to the drug store @ 3:30 and bought cold medicine for $5.62. In other words, they would know where we go, when we went, how much we paid, how much the merchant paid and how much profit he made. Under the E.F.T. they will literally know everything about us. Isn't that kind of scary?

MR. SUPINSKI - Yes, it makes you wonder.

CALLER - I smell a GIANT RAT that has overthrown my constitution. Aren't we paying tribute in the form of income taxes to a consortium of private bankers?

MR. SUPINSKI - I can't call it tribute, it is interest.

CALLER - Haven't all elected officials taken an oath of office to preserve and defend the Constitution from enemies both foreign and domestic? Isn't the Federal Reserve a domestic enemy?

MR. SUPINSKI - I can't say that.

CALLER - Our elected officials and members of the Federal Reserve are guilty of aiding and abetting the overthrowing of my Constitution and that is treason. Isn't the punishment of treason death?

MR. SUPINSKI - I believe so.

CALLER - Thank you for your time and information and if I may say so, I think you should take the necessary steps to protect you and your family and withdraw your money from the banks before the collapse, I am.

MR. SUPINSKI - It doesn't look good.

CALLER - May God have mercy on the souls who are behind this unconstitutional and criminal act called the Federal Reserve. When the ALMIGHTY MASS awakens to this giant hoax, they will not take it with a grain of salt. It has been a pleasure talking to you and I thank you for your time. I hope you will take my advice before it does collapse.

MR. SUPINSKI - Unfortunately, it does not look good.

CALLER - Have a good day and thanks for your time.

MR. SUPINSKI - Thanks for calling.

lottie

20-08-2007, 12:35 PM

I wonder if the assets have something to do with us- ie; the Maritime Law thing that we are all 'stock' when we are born by creating 'birth certificates' which have the 'virtual us' created for- i heard Jordan Maxwell talking about it- as soon as we are born we have a birth certificate created and our names are written in UPPERCASE so that we are then accountable to Maritime Law, we are then 'stock' to use as 'assets'....???

YouTube - Broadcast Yourself.

cruise4

20-08-2007, 12:39 PM

That was well put, Anders. Sums it up nicely.

No Government can claim to be anything other than racketeers, whilst this is allowed to continue.

Just saw your Post Lottie... yes it has everything to do with it. But its the 'LAW' angle thats interesting from the maritime law point of view.

Anders Lindman

20-08-2007, 12:49 PM

Hey Anders, I think the term they use for issuing/loaning money to governments (creating money) is they have the right to do so because the government can tax the people, so what they are saying is that they create a debt in the name of the citizens that is leveraged on the citizens ability to pay tax to the government. It's a totally screwed set up:(

The following is an interesting conversation with Mr. Ron Supinski of the Public Information Department of the San Francisco, Federal Reserve Bank from October 8, 1992.

CALLER - Mr. Supinski, does my country own the Federal Reserve System?

MR. SUPINSKI - We are an agency of the government.

CALLER - That's not my question. Is it owned by my country?

MR. SUPINSKI - It is an agency of the government created by congress.

CALLER - Is the Federal Reserve a Corporation?

MR. SUPINSKI - Yes CALLER - Does my government own any of the stock in the Federal Reserve?

MR. SUPINSKI - No, it is owned by the member banks.

CALLER - Are the member banks private corporations?

This is a bit over my head. I like to get down to a shorter version: How is the government's money created? The government has to take a loan and pay interest on that loan. The loan itself is based on real estate and such, and those assets the banks have got hold of by creating loans out of nothing! It's this double-scam nature that I don't feel has been properly explained.

Stage 1: The banks offer a loan to someone who buys a house.

Stage 2: The house now belongs to the banks.

Stage 3: The house can then be used as an asset legally owned by the banks to create a loan to the government.

Stage 4: The banks start to collect interest from the government based on assets they have got hold of by creating loans to citizens and companies. Loans created out of thin air!

logic bomb

20-08-2007, 06:12 PM