Home Awakening Griffin Says the Banking System Can Be Explained in Three Words

Griffin Says the Banking System Can Be Explained in Three Words

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G Ed Griffin, and Mary’s Red Pill pass

by Mary W Maxwell, LLB

There is a conference called the Red Pill Expo, in Hartford, Connecticut. which I am attending. The opening speech was by the chancellor of Red Pill University, namely, the much-loved G Ed Griffin. At age 87 he appears to have not lost any neurons. He refers to his book The Creature from Jekyll Island as “Creature.”

Griffin says he is writing a new book in which he attempts to reduce each of many big issues to 100 words or less. However in the case of banking he can reduce it to 3 words: “It’s a scam.”

His speech was mainly about gold and silver. Griffin is OK (sort of) with crypto currency and says we are already crypto since the year the plastic credit card routine started.

His speech last night was a history of money. He read from a 13th century diary by Marco Polo that described the invention in China of paper money.  The “paper” had to be the skin from a tree under the bark, black in color, which was chopped into square and signed by various authorities.  Then it was sealed in vermillion (toxic, he said) and became authorized as currency.  The penalty for forgery was death.

I was interested to hear about colonial America. We all know that Massachusetts was formed by a commercial company, The Mass Bay Company, just as the settlement of Canada was started by the Hudson Bay traders (fur being a biggie). At one point in 1690 the Chusetts went on a raid to Quebec and came back empty-handed.

Their pay was to have been a commission of the loot they collected but, being defeated, there was no loot.  The colonial authority offered them instead an IOU and made a law that forced merchants to accept that play money as real. Wow. Griffin say that sort of thing resulted in the Framers of the Constitution being wise.

Article I, sec 10 of the US Constitution says:

“No State shall enter into any Treaty, Alliance, or Confederation; …coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts.”

Article I section 8 says “The Congress shall have power to … coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures [and] To provide for the Punishment of counterfeiting the Securities and current Coin of the United States.”

Needless to say, the Federal Reserve Act of 1913 is utterly unconstitutional. See Creature.

Exhibitors at the Expo

I considered renting a booth to display Gumshoe’s wares, but found the $800 fee a bit high (1200AUD). The tables here are mainly on health, vaccination, and nutrition. Some are on chemtrails, the evils of the UN, and how to run for City Councillor.

There’s a booth for Camp Constitution, which I mentioned before (“Kayaking with the John Birchers”). It runs from July 28-August 3, 2019, near the Berkshire mountains, and is quite the room-and-board bargain at $350USD with free child-sitting and water sports.

There are also two huge Expo booths on “metals.” I get the feeling most people have come to this meeting for financial inspiration. The second speaker last night was Robert Kiosaki, author of Poor Dad, Rich Dad.

He and Ed Griffin blame high schools for not teaching anything about money. Now there’s an idea!  Bobby Kiosaki’s new book is Fake. His Rich Dad book sold 41 million copies.  Good gravy! He says capitalism means never having to work.

Kiosaki boasts that he is 600 million in debt, “way to go.” This recalls a Gumshoe talk about Amazon by Greg Buck. Debt is the gravy train. “Never pay tax.” By the way, Booby was a helicopter pilot in Vietnam. He claims the Vietnam war was to prevent China from getting Vietnam’s oil wealth. I never heard that one before.

What, No Cynthia McKinney?

There were many irritating features of this conference, one of which was big gaps in the program where us proles had to prowl around while those who paid an extra $200 could talk to the speakers.

I am disgusted that on the website advertising the conference, Cynhia McKinney, my hero Congresswoman of the 9-11 era, was listed as a speaker.  But when we arrived we were handed a program mentioning “special video with Cynthia McKinney.”  Sorry, not acceptable.

Hartford Kidnaps

You may recall my review of Keith Snow’s book, In the Worst Interests of the Child, which show Connecticut to be a worst judicial offender.

A woman in Hartford approached me yesterday to ask for “donations for the needy, up to ten dollars.” I asked her who the needy are. She said “Me. I need new sneakers.” Well, that’s honest. I disgorged myself of a tenner.

To make conversation I said “You know, I have to spend a lot of money these days to help women whose kids have been taken by the court.” She said “When my daughter was born they took her.  That was ten years ago.  Now she is finally in custody of a relative, which is good. I am allowed to talk to her on the phone but I have never seen her.”

Holy God. We have all lost our minds.

Sure as shootin’, we are nuts.

Waiddaminute!  Waiddaminute!  Wait One Minute!

The next speech was by Zach Bush. Totally amazing.  He starts with mitochondria and chronic disease and then gets stuck into Monsanto, the microbiome then, soil health, and … never mind. He did go way beyond this planet but I don’t want you to think he is woo-woo.  He is not woo-woo. He is wow wow.

And young and cute.

I am not going to review his books for Gumshoe.  Come on, y’all readers, please send us a review of any part of his books. Here is a speech he gave on “our relationship to nature” and agriculture.

Start at 9 minutes.  He says we are in a battle for morale. Go, Zach.

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13 COMMENTS

    • Or would they get ’em and then get orange-jumpsuited as “fixated persons”, which they (like myself) undoubtedly are.

      Anyway we have enuf Oz red pillers to do an expo, don’t we?

    • Nice, Dee. Almost a nice easy redpill.

      Stefan Molyneaux speaks on the housing ponzi scheme
      ttps://www.youtube.com/watch?v=T38rxA1FjOc&t=1139

  1. Dee, I suspect only those whose obtained approval from the self appointed keepers of “community standards” would get visas.

  2. Of course the Banking Industry is a scam. Any corporation or person who plucks figures out of the air and pretends that they have loaned money to another, then demands to be repaid the capital and interest with real money, has to be a scammer. Unfortunately until recently many of us knew nothing of this scam process that we became victims to.

    We had been told that banks take in deposits and that a portion of that was loaned to borrowers. Wrong! The money that depositors put away, is used for collateral by the banks. We have recently been told that once we deposit money, that money becomes the property of the bank to do what they like with it.

    And they have a gang of politicians that pass legislation to make sure that this crime is allowed to flourish and act worse than previously.

  3. Would I be politicaly incorrect by doing a ‘Israel Foleau’ and say that banker fraudsters will be heading for hell if they do not repent, ditto; their puppet pollies and msm fakes?
    Maybe the bankers might ban me from their branches and close my miserable account.

  4. Further to the lady with the sneakers. Of course I cannot say if she is a good or bad mum. All I can know is that she couldn’t very well have mistreated the child — as she spent zero time with her.

    But maybe — I hear you say — she killed a previous child. And so it would be logical to grab her next kid practically out of the womb. Yeah, but if she killed a previous child she would be in jail.

    My reason for guessing that she’s not a bad Mum (and it’s only a GUESS) is simply that tthey have taken babies from mums who I know are not bad. They do it. Although many writers say it is done for money, I think they do it for sport, or as an experiment in breaking the greatest bond of all.

    They do it becauase they can — but we don’t have to let them get away with it. We are not a bunch of stunned mullets, are we?

  5. The whole concept of ‘personal wealth’ or being a yesterday’s ‘millionaire’, and today’s ‘billionaire’, is simply based on lies and what the individual is prepared to accept as legitimate ‘currency’, and as a means to gather tokens that may be promoted and then considered en masse, as having some kind of intrinsic value, as opposed to those who do not possess such tokens.

    Wealth will always be in the eye of the beholder and those who promote such tokenism to suit their own selfish purpose.

  6. Simon say’s fraud is only one word.
    Pyramid scheme is two words.
    Killing the ecosystem with speculative “investments”, is six words – not so fast on the last two Simon did not say.
    Still passing on the “child-sitting and water sports”

  7. I sincerely trust that gumshoe readers have noted my contribution above (and sent the link on) and that some msm journalst has taken it on board and will cast aside protecting murderers and warmogers, for the sake of their children and ‘our’ country to defeat Orwell’s predictions of globalist slavery of their children and grandchildren.
    Ita: Where do you stand?

  8. Truth about Australia’s fake banking regulation exposed in corporate media

    STOP PRESS: Australia’s sham banking regulation, exposed below, is on display in the RBA’s lies about its second interest rate cut in a row. The RBA’s dry statement claimed the “central scenario for the economy remains reasonable”, and that the cut would make “inroads” into “spare capacity”. In truth, the economy faces an unprecedented crisis, and the RBA’s cuts betray sheer panic that if it can’t reinflate the housing bubble, we’re headed for economic collapse.

    The Australian newspaper has belatedly reported the information that a former insider has revealed about Australia’s failed banking regulation—which should have been aired at last year’s rigged banking royal commission.

    In his 1 July column “APRA slammed over weak bank regulation”, economics editor Adam Creighton reported on the recent paper by Dr Wilson Sy, the former principal researcher at the Australian Prudential Regulation Authority, which comprehensively exposes Australia’s financial regulation regime as “fake”.

    Click here to download and read Dr Wilson Sy’s paper: The Farce of Fake Regulation.

    Dr Sy made multiple submissions to the royal commission, as well as offers to brief them on what he knows of the structural failings of the regulators, all of which were ignored. He also introduced himself to Graeme Samuel, who headed the APRA capability review finalised this week, and Samuel promised to call Dr Sy, but the ex-investment banker and ideological neoliberal deregulator never did. So Dr Sy wrote and released his paper, to show the Australian public that the crimes of banks exposed at the royal commission were inevitable, and still are, because our regulators are philosophically opposed to regulation.

    Adam Creighton reported: “A former research head at the Australian Prudential Regulation Authority has branded bank regulation a ‘farce’ and ‘fake’, penning a 27-page missive accusing the regulator of acting as a ‘financial trade guild’ that protected bank profits. Wilson Sy, who worked at APRA for six years to 2010 including a stint as research head, said the reputation of regulators as ‘tough cops on the beat’ was a myth propagated by regulators and the major banks. ‘Regulators work to benefit the industry rather than the whole community,’ he said, suggesting the heads of agencies were chosen ‘not to rock the boat’. ‘Enforcement is totally alien to this trade guild philosophy of self-regulation. Even with new rules and regulations entities can delay compliance citing impracticality or unreasonable demands by regulators, who are ignorant of real-world operations,’ he wrote.”

    Creighton noted that Dr Sy condemned the royal commission “for stopping short of recommending structural changes”. Specifically, Commissioner Hayne did not recommend a Glass-Steagall structural separation of commercial banks with deposits, from high-risk investment banking and all other financial services. Hayne had been prohibited from inquiring into structure by his rigged terms of reference. Upon learning that Hayne hadn’t recommended separation, the banks celebrated, knowing they could return to their predatory and reckless ways.

    Glass-Steagall would stop banks from gambling with their customers’ deposits, and stop them from preying on their customers to lure them into purchasing other services or making risky investments. It would also dramatically simplify financial regulation, and make it easy to enforce. “Regulations are too complex and ambiguous to enforce”, Creighton quoted Dr Sy saying.

    The Australian article goes on to cite Dr Sy on:

    the banks being an oligopoly;
    how the banks only compete to maximise profits, not lower costs;
    the lack of true experts in the regulators;
    the major banks’ conglomerate structure allowing them to extract invisibly high fees and costs from consumers; and
    the issue being systemic, “not about a particular person”.
    Creighton’s article is the latest evidence that Dr Sy’s paper, The Farce of Fake Regulation, is suddenly making a big splash in Australia. Since its release, he has been interviewed by banking expert Martin North and economist John Adams on their top-rating YouTube channel Interests Of The People (IOTP), and reported in MacroBusiness. Ian Rogers also reported on Dr Sy’s paper in Banking Day on 1 July, but with a twist that implied that Dr Sy was fronting the Citizens Electoral Council’s agenda. The truth is that Dr Sy and the CEC independently reached similar conclusions about the state of Australia’s financial system and failed regulation, and along with many others are speaking up about the problems that the mainstream media and politicians prefer to ignore.

    One of those issues is bail-in. Dr Sy was the first person in Australia to notice that the government’s $250,000 deposit guarantee, the Financial Claims Scheme (FCS), is not activated. He made this point in his submission to the 2017 Senate Economics Legislation Committee’s inquiry into the government’s APRA crisis resolution powers bail-in law, chaired by Senator Jane Hume. He also made it in person to Senator Hume, who denied the FCS is not activated. But a few days later, then-Treasurer Scott Morrison admitted in writing that the FCS is indeed not currently activated, and that the government has discretion as to whether or not to activate it. In other words, it is not an absolute guarantee. This is one reason that the FCS is not a protection for deposits against bail-in, as politicians claim.

    Thanks to people like Dr Sy being prepared to speak out, it is becoming increasingly difficult for vested financial interests and their political cronies to keep rigging the system behind the scenes. The CEC is calling on all Australians to get involved in the political fight to use this important information to force elected officials to truly reform the system so that it works for everybody, starting with a Glass-Steagall separation of banks, and stopping bail-in.

    Click here to sign the new petition to the Australian Parliament: Hands off our bank deposits—stop ‘bail-in’!

    Click here for a free copy of the latest issue of the Australian Alert Service.

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