Nexus - 0226 - New Times Magazine-pages

Page 6 of 79

Page 6 of 79
Nexus - 0226 - New Times Magazine-pages

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more NB: Please keep letters to j approx 100-150 words in length. Ei ... more Letters to the Editor | anything about magnetism, com-| once. Banks pay interest to| the foreign bankers when he| (by force if necessary) to provide passes, gyroscopes and global | encourage people to deposit | issued the "greenback". Every | a sample. navigation knows why a compass | money with them. Higher rates | country should issue its own] And, I like this one. There is needle ‘dips' as it gets closer to | encourage greater deposits. | money and maintain tight control | going to be provision for people to either of the poles. To put it sim- | Savings create the bank's power | over its bank of issue. ‘voluntarily’ donate their DNA to ply, the hollow Earth theory is the | base. This is oversimplified because | the national databank. The police greatest load of codswallop Ihave | When a bank pays 5% per| the privately controlled Reserve | are afraid their databank will be ever read, and can be proven to be | annum on $1,000, it only has to | Banking system takes control of | insufficient with suspect-only so. pay $50 for the privilege of legal- | typically 6.5% of all deposits, | samples. Oh, and while suspects 1 realise that you publish this | ly issuing $10,000 worth of new | which it claims for its own use. | are later cleared, their DNA pro- material without necessarily back- | bank credit. This new credit | There arc many examples of bank | files will remain on the database ing it yourself. A wise move. | | costs the bank very little, but they | treachery and fraud. Some of the | indefinitely. was astounded to hear some | feel no moral obligation to charge | best-known bank officials have} 4) This concerns Australians as friends, whom | thought to be rea- | a reasonable 1% which would | blown the whistle, but so powerful} wel] as New Zealanders. sonably intelligent, postulating the | return a profit of 100% each year is bank propaganda that it muffles According to a recent news item hollow Earth garbage some years | on the $50 outlay. all protest with media blankets. on national radio, our two coun- ago. | have still yet to understand | To their great shame, the banks | FRB is a most beneficial tool | tries have been chosen by the how supposedly sane people can | have stolen the wealth of nations when used with restraint to] banks as the ideal social laborato- simply believe and spread this | by charging 10% for 10 units of | encourage national development, | ry to monitor the introduction of totally ludicrous claptrap. credit against each unit of deposit- but it is an incredibly destructive | ‘smart cards' as part of the move to Yours faithfully, ed funds, taking 1900% profit! | financial weapon when used with- | the Cashless Society. Len C., Edge Hill, Queensland, | This is a violation of community | out discretion by uncontrolled and| py seeing you... Australia. trust and social justice. After the | unethical bankers. Yours faithfully, (Dear Len: Thanks for your let- | banks coerced parliament into | I am only an ordinary citizen and ter, but please note rs are also | deregulating banking, they were | find these facts almost beyond J.R., Napier, New Zealand. a lot of well-educated people who | worse than sharks in a feeding | belief. Would you please check : ' . think Hulda's research is “totally | frenzy. them and tell me if I am wrong? Re: Microwave 'Kooking' ludicrous claptrap" too. Ed.} Late 1994 I was amazed to hear | With respect, ) Dear Duncan: Thanks for the a Reserve Bank spokesman pro-| Lindsay O., Wooli, NSW,| Many top articles that appear in Re: Fractured Banking System |