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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (23058)4/24/2005 6:37:28 PM
From: sea_urchin  Read Replies (1) | Respond to of 81468
 
Phil > that guy has about the same chance of winning as a snowball in hell

I agree.

> "all financial institutions who are in the business of lending money have engaged in a deliberate scheme to defraud the borrowers by lending non-existent money which are illegally created by the financial institutions out of "thin air."

As I see it, if the borrowers believe the money is real, and if it functions as real money, then it is real money. So, it's not a fraud. It's only a fraud if the borrowers believe it's real money but it doesn't function as real money -- then it's counterfeit.

> "the defendants have no tangible assets of their own to lend and all their "assets" are "paper assets" which are mainly in the form of "receivables" created by them out of "thin air," derived out of loans whereas the monies loaned out were also created out of thin air."

Sure, but that's the way they do business. And it's a wonderful business which creates something from nothing. Nothing wrong with that. It's certainly not illegal to do so, in fact, it's damn clever.

> Great system, eh? Greenspan would heartily approve.

And they have the USA to prove how great it is. The world's only superpower -- and built from Sweet Fanny Adams!