TOTAL VINDICATION OF DEFLATION THESIS -- THE FED IS PAYING BANKS NOT
TO LEND -- SUPPLY PURCHASING POWER -- TO ECONOMY DRAINED OF MONEY TO
EMPLY AND PAY DEBT
Check this diagram. It shows the banks have been conducting a secret
moratorium on lending purchasing power to the domestic economy -- and
those loans are our only source of money with which to hire and buy
and pay debt. THIS IS DELIBERATE MURDER OF AN ECONOMY AND A NATION
AND A HUNDRED MILLION HOUSEHOLDS!!!! This belies everything any of
these super criminals have been telling you about wanting this country
to recover. IT FITS EXACTLY THE EASTMAN DEFLATION ANALYSIS AND NOT
AT ALL THE SONSOBITCHES JIM WILLIE/GLENN BECK/ALEX JONES/GERALD
CELENTE BULLSHIT ABOUT HYPER INFLATION. TO HELL WITH ALL OF YOU
WHO HAVE IGNORED THIS -- GIVING THE SILENT TREATMENT AND COLD SHOULDER
TO THOSE TRYING TO WARN THE COUNTRY -- REALLY AND TRULY TO HELL WITH
ALL OF YOU. AND TO HELL WITH PROPRIETY TRYING TO ACT CALM AND NICE
WHEN THIS MASS-MURDER TREASON IS BLOODY GOING ON -- YOU QUITE PEOPLE
HAVE BLOOD ON YOUR HANDS FROM YOUR MISPRISON OF TREASON, YOUR FAILURE
TO PASS ON THE ALARM -- TO FORM A RESISTANCE AGAINST THESE EFFORTS OF
HOSTILE FOREIGN MONEY MEN TO HARM US ALL. SLAP YOUR OWN FACE, BECAUSE
I CAN'T REACH IT MYSELF.
JUST LOOK AT THE AMOUNT OF "EXCESS RESERVES" -- THE RESERVES THAT CAN
BACK NEW LOANS IF BANKS CHOSE TO MAKE NEW LOANS.
This proves that the American DEPRESSION -- fuck Morgan Stanley who
says we may be about to dip into a recession -- they are lying --
pretending not to know that 95 percent of us live in a lower loop that
is being murdered for want of purchasing power! While they get 100 %
of the stimuli, of the bailouts from government and they get all of
the interest payments we make on our loans without rolling those
interest payments back into the economy as investment. There is no
investment in the US economy. The US economy has been destroyed by
international bankers because they don't like a population where
populists have been poisoning their minds of the people against
Rothschild financial domination.
And what I find super infuriating is that I send this out and NOTHING
HAPPENS --
Thank you, Amber for sending, this astounding fact -- that confirms
the message we have been putting out.
Dick Eastman
Yakima, Washington
Every man is responsible to every other man.
Review Eastman's analysis of INTEREST DRAIN causing Deflationary
Depression
http://www.citizensamericaparty.org/socialcredit.htm
youtube overview:
http://www.youtube.com/watch?v=xRfOtrYhVx8
American Social Credit
Also, Amber's other blog blog:
http://www.thespiritualun.org/socialcredit.htm
From: Amber Haque
To: dick Eastman
Sent: Tuesday, August 23, 2011 6:21 AM
Subject: Fed paying banks not to lend
for your info.
http://www.businessinsider.com/government-paying-banks-not-to-lend-2011-8#ixzz1VmJgL37F
Aug. 17, 2011
Do You Realize That The Government Is Still Paying Banks Not To
Lend...?
One of the most outrageous "open secrets" of U.S. government policy
these days is that the Federal Reserve is still paying big banks not
to lend money.
And it's doing that while screwing average Americans who have been
responsible and lived within their means.
The Federal Reserve is quietly continuing with one of the many
outrageous bank-bailout programs it initiated during the financial
crisis--the one in which it pays big banks interest on their "excess
reserves."
What are "excess reserves"?
Money that the banks have but aren't lending out--money that banks are
just keeping on deposit at the Fed.
The Fed is paying banks 0.25% interest on this money.
0.25% interest may not sound like much, but it's more than the banks
are paying you to keep money in your savings or money-market account.
It's also more than you'll earn if you lend the Federal government
money for 2 years.
Oh, by the way, why, exactly, are you earning so little interest in
your savings accounts and money-market funds?
Well, because, thanks to another one of its bank-bailout programs, the
Fed is keeping short-term interest rates at zero.
In other words, the Fed is paying banks not to lend money and screwing
you, American citizens, because you're dumb enough to have saved
money.
This is just so bass-ackwards it's not to be believed.
Why on earth is the Fed paying banks not to lend? Well, back in the
financial crisis, the Fed wanted to find ways to secretly bail out the
banks without it being screamingly obvious to every American that that
was what it was doing. And this particular bailout program was one of
the more successful ways it discovered of doing that. Over the past
few years, this program has secretly funneled about $10 billion in
risk-free cash (rough estimate) directly to the banks, just for being
banks and not lending. Don't you wish you could get in on that game?
How much money are banks keeping in "excess reserves" that they might
be encouraged to lend if the Fed weren't paying them not to?
Oh, only $1.6 trillion. (See chart)
The Fed pays banks about $4 billion of interest a year on that money--
the money the banks aren't lending. And bankers get big bonuses based
on that interest, for being so smart as to not lend money and instead
just take the free interest from the Fed.
Meanwhile, you earn next to nothing (or nothing) on the money you've
saved.
We don't think GOP presidential candidate Rick Perry should have
threatened to kill Ben Bernanke the other day, but we can certainly
understand his frustration.
God, it's great to be a banker.
Boy, does it stinks being an average responsible American.