sweet bankruptcy

SWEET BANKRUPTCY

I think its been sufficiently long since I've written about the act of bankruptcy. This is NOT a tutorial. I am not a lawyer. If I was a lawyer, I would shoot myself, just because I would be a burden to society, a bane of existence, a drag on civilization and an affront to God. Plus, I wouldn't like myself. This article is to reiterate the desirability of bankruptcy. I keep hearing religious and moral arguments against bankruptcy, and for the life of me I cannot understand how folks can do it. How can they support theft, then feel good about themselves?

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Plus, tactically, you are handicapping yourself. I'll get to that. First, my personal viewpoint. I like the Golden Rule. Do unto others as you would have them do unto you. I don't want to screw people and I hope they return the favor. So why did I joyfully declare bankruptcy twice? Because I'm not stealing money. I'm simply NOT paying back credit that was created out of thin air. It wasn't actual gold or currency the banker gave me as loans. It was nothing. A bookkeeping entry. It was just credit.

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Which, in case you kind of missed class that day, causes inflation. It isn't primarily cash ( currency ) creation that causes inflation but created debt. If my little deserted island economy has $27 on it, the sum total of all the cash the stranded crew possessed, coconuts, fish, construction crews of palm frond buildings and the sweet ass of the cooks helper, Philippe, all must be priced low enough to have a consumer economy based on that currency. But if each merchant creates a charge account, doubling the price on everything, you get price inflation. The only thing that will drop in price is Philippe's services, due to damage.

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AhHA!, you proclaim, if you don't pay back the merchants, they are out that money. But that is not the case in our current economic system. We have bankers. They create the credit. You buy something from a merchant, and the bank pays that merchant ( plus, the merchant can borrow from the bank and himself declare bankruptcy ). You are only cheating the bank. What happens if you don't pay JP Morgan ( on behalf of Rothschild's )? Nothing. Nothing happens. How can it? The money never existed. Technically, the bank shows a loss, they pay less taxes. WELL!, you scream in orgasmic delight as I make your argument for you, the government is being defrauded, and little OtherColor babies don't get their subsidized milk.

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Again, that isn't how it works. Big Conglomerate Dairy Incorporated passed the baby welfare law on behalf of their bought politician. The welfare WILL be dispensed, cash on the barrel or through a loan to the government. A loan the bankers created out of credit. In the end, the government never pays back its debt, as it is impossible, and the bankers move from that failed economy on to another, once again creating credit that pretends to be money. The only payment is from the citizens in the form of inflation ( or, falling purchasing power ).

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I can see you cross your eyes, drool a tiny amount, have an epiphany, and counter with, well, if no one declared bankruptcy, and everyone paid their taxes, then there would be no national debt and no inflation. WRONG!!!! The central bank is given a monopoly on credit creation, by the government. In return, the government gets a huge boost in spending that it never pays back, and the bankers get free money to buy real assets. They will NOT cease this arrangement voluntarily.

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If you won't borrow, and no one else does either, the government will just create a public works project. Building a dam, invading another country, etc. They WILL borrow and you WILL pay the interest for them, as a taxpayer. Period. You get no vote on the important stuff. Just like California voted as allowed by law, overwhelmingly ( including the Latino's already there ) rejecting more immigration. Then the court ruled they cannot vote on certain subjects.

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But vote for Orange Man, because any other vote is for pure communism ( I'm being sarcastic, but sadly it is true ). Anyway, your puny bankruptcy has no effect on inflation. The $987 million grant for Gore Warming has a smidge more impact. Remember, the government loves inflation. Rising prices help the politicians investments, and the bankers get to loan out even more money. Too bad your wages don't keep up. Now, what about the moral argument? You signed for a loan, in good faith, and are morally obligated to pay it back.

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That one is easy. Let us say that you took out such a loan. A year later, your banker was arrested and convicted of child molestation. All your payment had gone to cocaine and buying more sex slaves. Do you still owe the remainder of your loan to Pervert Banker? Why? He is a criminal, and he perpetuated fraud upon you. Why would you keep paying him? Central banks are Pure D Evil. Want to change my mind? Our lovely Red Shield Family throughout the ages has more blood on their hands than most governments.

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In might be remembered that the bankers FUNDED the evil that governments did. Kind of hard to kill a few hundred thousand troops in the trenches in one battle without the banker funded military's and munitions. Who do you think funded all the politicians even before the Revolutionary War, pushing for a central bank? It wasn't JUST 1913. Jackson, regardless of all his sins, if you even count genocide a sin ( since it benefited us all ), killed off a central bank. Care to guess who was behind the Civil War ( at least partially )? How about the manufactured economic Depressions leading up to 1913? How many folks were hurt or killed there? Who funded Columbus's trip to America? Was it gold from the Queens treasury, or was it banker credit? Are they at least partially responsible for the biological warfare against the indigs?

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Why do you think you owe murderers money? Because it is honorable to pay them back? You are helping to profit murder. If you want to pay back the minions of Lucifer, just to receive more credit down the road, that is fine. I think you are foolish, as debt is bondage, but to each his own. Yet, to feel beholden to pay back the thieves? To feel obligated to be honorable to murderers? If you tried to cheat on taxes, to keep little goat herders alive in Afghanistan ( you know, those innocent women and children whose only sin was feeding dad/husband, the freedom fighter? ), are you bad, or good?

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If you tried to “cheat” the banker by declaring bankruptcy, are YOU morally reprehensible? Or is the banker who creates loans to the government to fund SWAT teams Red Flagging innocents? Are you helping to fund evil, by paying evil bankers? Wouldn't it be nice to buy ammo to fight the bankers legions of doom, by buying ammo instead of paying back the banker for a loan? Time to awake and smell the brewing java juice. You are supporting a dying and deadly enemy. Stop it!

( .Y. )

( today's related Amazon link click HERE )

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note: good timing, I just came across this link before the above article was posted.  A free course by Gary North on getting out of debt, for Christians HERE 
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note: much about not much, but I thought I'd mention two stranger happenings.  Amazon is always sending me e-mails to buy more crap.  And they have always been based on my purchase or search history.  Yet, I just got a block of book recommendations that were rabidly politically correct.  As in, White Bad, History Rewritten, etc.  It was a first.  Plus, I just got a fraudulent charge on my debit card.  First time in near forty years ( knock on wood ).  Now THAT is a pain in the ass.  Just wondering if anyone else noticed anything.
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note: free for today books, EMP HERE 
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