Share How The Corrupt Private Banking System Rules The World
Feb 12th, 2009 | By Keelan Balderson | Category: Economy, Editorials |
Print
We’ve seen where money came from, it’s now time to explain how the corrupt private banking system operates today:
Whether you are religious or not, aspects of the Bible and Jesus’ life still shed light on the real global elite of the time, specifically the story of the “money changers”, or corrupt bankers. In fact it is the only time Jesus allegedly used force against his enemies. So if Jesus wanted to whoop some corrupt bankers, shouldn’t we at least be trying to expose the private banking fraud of today? What is that I hear you ask?
To those few that are awake, the recent economic crisis was inevitable by criminal design and something that could have been easily prevented if the banksters really did want to prevent it, but to the majority of unknowing citizens it came out of the blue. After all, how much time does the average Joe really have to study the confusing financials, when they have to work 9 till 5 and look after a family? If they do find TV time the mainstream media give just as much, if not more coverage to the latest Britney Spears and Paris Hilton escapades than they do the crisis; and who wants to watch the news to relax anyway? What a perfect system for criminals. “Hey fat Tony, instead of paying people to turn the other cheek, why don’t we just hypnotize them with the TV and get them so bogged down that they don’t want to look in to the financial system anyway. We can put talking heads on TV just to make it sound more confusing than it is.” If you do watch any financial news they make it sound so complicated with graphs and stats, you switch off. But it’s actually quite simple. They print the money and set the interest rates privately, because Western governments do not control their own banks!
Take the big Central Banks. Although they differ slightly around the world, the majority follow a similar system, and they all interface to manipulate world economy. A Central Bank, such as the Federal Reserve in the US or the Bank of England are the institutions responsible for regulating the banking system, “monetary policy” (interest rates, inflation etc), the printing of the actual currency, and controlling the money supply (physical money in circulation). Although a pretty picture is often painted in college text books, the truth is that this power is almost always in private hands outside of the Government’s control, which has implications on the entire world. Think about it, they are above the Government and the law and very often have both in their back pockets!
According to the dictionary Federal means “national; especially in reference to the government of the United States”.
Reserve is defined as “something kept back or saved for future use or a special purpose” such as gold reserves, or wheat reserves as mentioned in the previous article.
So the Federal Reserve must mean a National Bank run by the Government with Gold reserves to back it up?
Not even freaking close!
In our world of deceit, Federal actually means privately run outside of the Government, and Reserve means that there is absolutely nothing kept back or saved, not gold, not anything!
The Fed should really be called the Private Nothing, or the Non Federal Empty; anything but the Federal Reserve. This name was purposefully chosen by the elites that infiltrated the system to fool the public and divert attention away from the criminals that are draining the world of its wealth, in to fewer and fewer hands.

Central Banks are built to the likeness of their ancient Babylonian temple counterparts.
Equally in the UK we have the Bank of England. So it must be England’s bank? Nope, wrong again. It is a privately run bank operated in practically the same way as the Federal Reserve, historically by the likes of the Rothschild family (more on these later). In fact most of the banks around the world interact together to perpetrate the same scam and are quite obviously above the law and governments:

“Give me control of a nation’s money and I care not who writes her laws.”
- Mayer Amschel Rothschild addressing his family’s corrupt rule of the world through this private banking system.
These private corporations have a monopoly over the money we’ve all grown addicted to. If they pull the strings of money then we all follow the cord.
So what exactly is the scam in detail, and why did I keep mentioning illusory money in the previous article?
First of all real money no longer exists, we don’t trade in the streets and we don’t use commodities with real value like the ancients; it’s all a sick mirage. Your rich neighbor that took two holidays last year and paid off their mortgage may brag about their $100,000 “nest egg”, but what they really have is a stack of worthless paper. But even then nobody actually keeps all their savings in cash do they? So what they actually have are some digits on a computer screen. And that is not just a technical formality of our modern age. Money is quite literally worthless and intangible.
Gold and silver on the other hand has real productive use in industry, so it can never be completely devalued like fiat currency. There’s a reason why when the dollar collapses so many TV ads are asking you to send in your junk gold. Reserves are fundamental for stable economies. That being said the elites are not stupid and still have methods of manipulating the goldand silver markets for their own benefit.
Bank notes, such as the UK 5 pound note has written on it “I promise to pay the bearer on demand the sum of 5 pounds”. This has nothing to do with paying the shop keeper. What it means is technically you could go to the bank and demand they give you 5 pound of something that has intrinsic value, like silver, gold or grain. Trouble is they can’t, because money is no longer backed by anything other than public perception, and is simply figures on a screen.
In 1934 the US banksters were arrogant enough to remove their statement and now it simply reads “this note is legal tender”, meaning everyone can accept it for payment, but it really means jack and we’ve brainwashed you so much that you rely on it anyway. The Gold Standard was literally abolished, meaning the money supply could be inflated with no restraint, causing huge insecure bubbles of debt.
When you go in to a bank and take out a loan or mortgage, you think you are getting money, something of value, but in actuality all the bank does is credit your account with computer digits out of thin air because there is no longer any restraint.
“Can I have a $50,000 loan please?”
“Certainly”
….$50,000 – there look $50,000.
I’ll do it again, $50,000.

It’s fun typing money figures. But this is all the banks really do; type the figure in to your account and in to their electronic bookkeeping system so it looks legit. It is just a digital record. They don’t print any new paper notes, they don’t mint any coins, and they don’t buy any gold reserves to compensate for the money that will now enter circulation. The only place your loan exists is on a screen, not in a tangible gold bar for example. Now you wouldn’t withdraw $50,000 in physical cash so they don’t seem to care that there is nothing of inherent value to back it up. Not caring is a common theme with these guys.
“Yeah but I can use it to buy things or pay off my house so what’s your point about it being fake or corrupt?”
INTEREST RATES, TAX, FEES & MARKET MONOPOLIES!
When Jesus stomped a mud-hole in the money changers at the temples it was because of the above reasons. You see when Jews came to pray at the temple and pay their temple taxation (taxing God sounds oh so holy, ask the Pope) the monopoly men forced them to pay using a special currency, which had all been bought up by the banker’s associates. Thus if they wanted to carry out their religious duties Jews had to pay extortionate amounts of regular money to obtain the special shekel, because the money changers could dictate its value, just like today’s banksters that can dictate the value of the dollar, interest rates on loans, among other things.
All loans, mortgages and credit cards carry interest rates on top of the principal dollar amount you borrow. So you might have to pawn tangible assets or at least use other money that you’ve earned for your labor to pay back a loan that was created out of thin air when they typed it in to your account. The interest you pay them back literally allows them to make profits out of nothing!
And what happens if you get stuck paying back the loan? Then you lose even more tangible assets, i.e. something of physical value like your house or car. So they are making profits, by making you think they’ve given you some money, only to charge interest and steal your assets when you can’t pay them back the imaginary amount. Of course don’t forget they are the ones that print the money to begin with. Now you can see why some choose to protest the G20 meetings where elite puppet politicians discuss our economy.
“Well I got ahead of myself, I couldn’t really afford it”.
Ah you see this is where it gets really interesting. If you couldn’t afford it to begin with, as we’ve seen with the economic crisis they give you it anyway because they win in the end by stealing your house or by getting bailed out with more of your tax payer’s money. And if you could afford it at the time, the economy might have taken a nose dive and you could still end up defaulting. But guess who controls the economy? Yes the same central banks. Because they print the money and set the interest rates. Just imagine the economy as a puppet on a string. They might undertake this process to consolidate wealth and obtain tangible assets in to fewer hands, or there may be a wider political reason for impoverishing the nation. A poor nation is easier to manage after all.
A boom period in the economy is simply when the banks go bananas lending their illusory money out to everyone, with low interest rates and minimal background checks to see if it can be realistically paid back. This stimulates the economy, puts money in to circulation and people start buying things, investing in assets and the stock market, starting new businesses and living a great life. Gradually inflation (prices of goods) go up to compensate for this influx of wealth. But of course it is not really wealth, it is debt that will eventually have to be called back.
Once they have everybody hooked, all of a sudden they raise interest rates making it more expensive to pay them back, and they limit the amount they are lending so the boom comes to a halt. Because all of these people have to pay rising interest on top of they’re loans, the money supply is then depleted from society. Collectively the population can’t pay back more money than is available, but by design the interest system forces this impossibility. Think of it on a small scale. If a bank loans out $50,000 with 5% interest, where does that 5% come from? If no banks are lending and the money supply is low because everyone is paying back they’re own debts, there is simply no money and the borrower will be forced to give up their home.
So the duped public start defaulting on their loans, losing their houses, their businesses, and many are just knee deep in debt. People stop buying because they have no money left, and because deflation (reduction in price of goods) has yet to set in to compensate, all of a sudden everything is just too expensive to buy. This leads to less demand for products, so shops and companies then lay off their staff to stay afloat, causing a rise in unemployment. This is a recession; but while we are scrimping the last dime, the banks are now laughing in their new found wealth! They not only have the amount of money they printed out of thin air, but the big controlling banks have the interest on top (which was sucked out from somewhere else) and some tangible assets with real value to top it off. This bait and switch highway robbery is called the business cycle, a glossed over term that means raping you of your hard earned money and wealth. Fishing rod goes out; borrowing goes up, fishing rod comes in, along with your assets.

Because those in the top sectors of banking and business are forewarned that a crash is coming (they created it), they have time to protect their own assets in safer markets, and once the economy does plummet they are there ready to buy up all the failing businesses, cheap real estate, low priced shares and everything else, while the general public is left with less and less.
To add insult to injury, when you’re out of the fight, your account says zero and a company trying to survive themselves tries to take out some money you supposedly owe, banks have the gall to charge you extortionate admin fees and charges, or they give you an unauthorized overdraft (with interest). Because apparently it costs 50 quid for their advanced computer system to say “sorry no money”. It’s a big joke, yet the elite banker’s firm grip on society and their hierarchical system that grooms people to their agenda, keeps it all trudging along nicely.
That is how it works; screw the little guys, the worker ants and the cattle. You can have talking heads wearing suits debating about the flaming economy all day long on the elite owned news networks. They make it sound complicated and they come up with all these theories. The worst one is when they blame us for overspending! But at the end of the day it starts with the banksters and ends with the banksters. They control everything!
On a personal note, in 2003 my mother, a divorcee suffering with several work ending illnesses was trying her best to feed my sister and I in this ass-backward system they created for us. Like the majority of people she got in to debt. A small routine bill came out of her account with no funds to cover it. What happened next is one of the most blatantly obvious crimes of the banking system, yet the masses don’t even question it.
Banks and businesses are now almost completely automated through computer networks. So when a company automatically charges a bill to a customer’s bank account all you think it would do is say “transaction failed, insufficient funds”. I mean if you go in to a shop and you don’t have the cash, you can’t buy the product…simple. The next step would then be for the company to send a letter and the bill to the customer saying that the bill did not come out. This costs, what? 30p, a couple of cents?
In the real world what happens is the company might charge you $10 or $20 in “admin fees”. Which is of course mathematically asinine. And the bank that is running automatically will also charge you a fee. For what? It’s hard to say. If it’s a letter they send you, again it should be $1 at the most. Here’s where the real crime happens. In my mother’s case the bank decided that out of their generous hearts they would pay the bill on her behalf!
First off the debt is not with the bank, it is with the company taking out the bill, the bank in theory should have no right to do this. Secondly after supposedly paying off this bill the bank charged her the usual $20-$30 fee for the hassle (or privilege as they put it) of posting a letter informing her of what they had done. Next, again out of the kindness of their hearts they gave her an unauthorized overdraft so the bill (now a bank debt) that wasn’t theirs to begin with, and the subsequent charges could be paid without restriction of service. And of course while sitting in the red of the overdraft they are charging interest on top!
So if my mother had paid off the debt and the charges with the added interest, they will have made a nice little profit out of nothing. Multiply this by millions of account holders and the bank is depleting a tidy sum of money out of society and in to their profit margin on a monthly basis.
In my mother’s case, being ill and unable to fully grasp what was going on, she simply looked at her bank statement, which read that it was in the positive. The funny thing with overdrafts is that they present it as if you have money, when it is really a debt. It will say $200, not minus $200. So the next month as more bills piled up she went further in to the overdraft. After a discussion with the bank, it was explained that it was an overdraft and they would extend it further to compensate for the increasing debt. All with interest of course. Long story short, the debt kept getting bigger, but they kept extending the overdraft. Eventually my mother twigged and stopped using the account for paying bills. The lovely lady reading her script and pulling off numbers from the computer screen ensured my mother that they’d fix it and work out a payment plan. It was agreed that she would pay 5 pound a week until the alleged debt was paid off.
Little did we know, they didn’t freeze the interest. So when she was paying 5 pound a week, interest was adding on 8 pound a week, so when we paid off 500 pound, the debt was actually 300 pound bigger than when she started paying it off. So basically forever she would be paying the banks on a debt that is always increasing, which is seemingly being created out of nothing. And the supreme court in England recently ruled that this is a fair banking practice. If that’s not illogical and damaging to the economy I don’t know what is.
The real trick the bankers are bargaining on, is that it will reach such an uncontrollable amount that they will be forced send bailiffs round to collect valuable goods or seize her house. A 10 pound debt to a company that is not associated with the bank, has turned in to a very high debt to the banks, and is always increasing. Isn’t this extortion? Yes it is, and there are a number of other lunacies that are allowed under the private banking cartels.
A fundamental aspect of the scam is the “fractional reserve” system. This little rule means banks can literally lend out more money than they have in customer deposits and reserves (remember the Gold Standard was abolished anyway). So when you deposit your money in to a bank account, they can basically give your money and some extra out of thin air to somebody else. That’s one of the reasons why people lose their money in a collapse, because not enough money exists for everyone to withdraw it at the same time. The public have this illusion that their money is waiting in some big vault for them to go and get it. Nope, it’s just on a screen and in some records.
Banks are only required to keep around 10 percent in deposits; the rest can be loaned out. This means if everyone went to withdraw their money at the same time, only 10 percent would get it! The hope is that most people are using loans, credit cards, or saving for a rainy day. The scam works because it is rare that everyone will want their money, but during that time they are making more money from it. Can’t they pass that extra on to us? Reality check people.
It is a scientific fact that there is never enough actual money in circulation to pay off every single debt (which is always increasing with interest). There isn’t even enough tangible assets (land, buildings, gold etc) in the world to pawn and pay off the debt, meaning somebody, somewhere always loses to the banks by design.
Think about it. During a boom when lending is high people have lots of cash, but when they pull back the reigns and it comes time to pay them back, and interest rates go up, then cash is sucked out of society at a higher ratio. Millions of people get to the point where there is just no more cash and when more money enters the system from a bailout there is simply more worthless paper or computer digits with nothing to back it up. Debt on top of debt, on top of debt!

Let’s think about this on a small scale. I’m opening a bank called “Swindle and Sons”, and have an initial $10,000 invested. This means I only have $10,000 in the so called vault on deposit or in reserve. So if we think of $10,000 as the 10 percent required in reserves, I can then loan out $100,000 as if by magic through computer digits.
So I loan Bob $100,000, with interest of course. Now if Bob manages to pay me back with interest of say 5 percent from some other source of money. I then get $105,000 back. Now I still need to keep 10 percent in reserves, so I have $10,500. Now when Eric wants a loan, I can lend him $105,000 with interest and the cycle of robbery goes on. But at the same time cash is being pulled out from somewhere else in society when it comes time for Bob and Eric to pay me back with interest.
If Bob took his initial loan of $100,000 and deposited it in the “Scam and Co” bank, they then magically get my magic money and end up with $100,000 more in reserves, even though I created it from nothing. So they can then lend out $1 million. The debt and interest is rapidly expanded as the scam continues.
If loans are going out fast from all banks in the network, this new magic money is being thrust in to the public, who then buy things of real value, who start up businesses, or buy land. However the majority of people start getting in to debt; a loan is debt anyway. The problem occurs when it’s time to pay the criminals back. Interest rates go up, people lose their homes etc, and we then fall in to a recession. That is until the banks and big corporations are bailed out by the central banks on behalf of the Government. Once we all suffer for a few months they start the cycle again. Goes a little further than “the old boys club” doesn’t it. This is a global criminal money laundering cartel and they have never been audited, so there’s no telling what accounting fraud is taking place.
Those high up the pyramid that are involved at the high end of the banking system know booms and crashes are going to happen, because they made them happen.
For example agents working for the Rothschilds during the Battle of Waterloo got word to Nathan Rothschild in London that Napoleon would lose, however Rothschild put out a rumor that Napoleon had in fact won and Europe had fallen to France. This caused mass panic on the stock exchange so people began dumping their investments. However safe in the knowledge that Britain was victorious, Rothschild bought up all the dumped stock at very low prices and became insanely rich overnight. Not that he wasn’t rich already.
“Money still has to be printed and created at some point though right?” Yes, but even that’s flawed.
When a Government decides new money needs to be created after a recession, or the regular banks need an influx, they contact the elite run private central bank (Bank of England, Federal Reserve) and ask for an amount, say $2 billion. They then create something called a bond, which is basically an illusory piece of paper and print $2 billion worth of bonds in exchange for $2 billion in cash notes from the bank. Paper for paper. Now $2 billion enters the general banking system. Here’s where it gets laughable.
The bonds given by the Government carry an agreement to pay back the private bank the money it just created out of thin air. It’s a loan in itself! So now the Government and therefore the public are in debt to the central banks, before they get scammed in their own personal finances. If more money has to be created to fix the world’s debts, the pile of debt gets bigger, because the money is created out of debt!
As of 2009 the UK national debt is around £2 trillion. The United States national debt is $9 trillion projected at $12 trillion!
Your children are already born with a percentage of debt attached to their labor and future tax. Their birth certificate is virtually the contract entering them in to the corporation of your country of birth. They are really slaves to the state and must work to pay off the country’s debt, which is not only in the hands of the private banks, but also different countries around the world including China and Japan that buy invest in to various aspects of the system and whom often get our jobs when a company decides to outsource.
Here’s how this fraudulent system operates in today’s society. Imagine that the Federal Reserve or Bank of England wants to start the economy on an upswing after a recession. They use their insane infinite wealth and buy Government Bonds from the open market (they can in theory buy anything from stock to real estate, but the scam works better with Government Bonds and looks more professional to the talking heads on TV).
So the Federal Reserve buys $2 billion in Government Bonds from some dealer or broker on Wall Street. They write a nice $2 billion check, which is simply to balance the books, and then print $2 billion in physical notes. The dealer then deposits this money in to the regular banking network and therefore $2 billion is added to the money supply. Now the regular banks can use the fractional reserve system and loan out $20 billion, and this then filters out in to the public through loans and credit. Other banks getting deposits from these new loans can then use the fractional reserve system to expand it even further, and thus everything goes smoothly for a while until the debt creeps back up and another collapse happens. All of the major banks (operated by the same interconnected criminals) work together with the Fed and Bank of England to continue the scam efficiently. A bail out is simply an increase of the money supply, or direct use of tax payer’s money. But while this seems like a way to get the public out of debt, at the same time the Government/National debt increases. The rich get richer, the poor get poorer, the richer get more power, the poor get more controlled. The New World Order gradually takes control.

Yet despite this being a mind boggling act of criminal extortion that puts the Godfather and Tony Soprano to shame, the majority of the population has no idea. They don’t teach this in schools, which of course just so happen to be funded and controlled by the same criminals. Not even people working in the banking industry itself or the education system (which we’ll get to later), or any other industry for that matter know about the various scams for world control. A student can literally go to University, get a business and economics degree and enter the world of finance totally unaware of the real system. This is why it continues unquestioned.
People find it hard to digest such information because they might know a banker, or a teacher, or a doctor, or somebody that plays the stock market, and they aren’t working with a secret cabal hell bent on world domination so why should we believe it?
That’s because through the hierarchical system or Pyramid structure outlined earlier, only certain people make it to the real positions of power and the rest of us are compartmentalized from the truth, making the conspiracy look impossible. Nigel the bank clerk has no idea that when he takes your money he is actually keeping an interconnected multinational scam in operation. They didn’t tell him that at the job interview. The manager of a bank’s branch is equally unaware. They think they are doing a good public service helping people save and sort out their finances. Although often because they went to University, got a piece of paper saying they are clever, and they now get a higher wage than most people depositing the money, they get arrogant with the little power they do have and are perfectly happy to enforce bank charges or debt on the skallies that are on benefits and welfare. “They should have known better.” Just because YOU aren’t suffering, doesn’t mean the system is working smoothly. Further up the pyramid you go, the more of the plot is revealed, but average people don’t get there, and each level is sealed off from the one above.
So we’ve established that the world isn’t quite what it seems and that the fraudulent banking system plays a role in its rottenness. Many people before me have exposed this notion; but it’s worth hammering home. We’ve also looked at the role of money in ancient and biblical times and the admiration the elites have for those eras. But who are the money changers today and when did modern global banking fall in to private hands? For that we’ll have to look at the Rothschild family, the most powerful elite banking family in the world, the rise of the British Empire, US Federal Reserve and the original Bavarian Illuminati – groups all determined to rule down on us with an iron fist under a New World Order and one currency based financial system.
*Remember you can stay updated with WideShut.co.uk on our RSS Feed, Twitter & Youtube - subscribe now!






I am totally amazed after reading this as this is the first public article I’ve read that tells the exact thoughts which were lingering in my mind about the depressing economy. I am a huge supporter of the fact that only real money (Gold or Silver or substances with intrinsic value) will bring balance to these economic crysis and remove the monopoly. Keep it up!
will someone contact me on how to get this message out to the people of the world?
Hello
After 60 odd years of observing the terrible conditions most human beings have to pass their lives in; i have written a little book in which I point out the cause of all this suffering—and list the things that have to be changed—in order to make the world of humanity–the kind of place is should be!
May I send you a copy for review—to see if you will support me in this effort?
Conrad Drury
abetterworld9@aol.com
CHANGES THAT MUST BE MADE IF ALL HUMAN BEINGS ARE EVER GOING TO LIVE FREE OF POVERTY, HUNGER, AND SUFFERING FROM UNCONTROLLED DISEASE AND STRIFE.
1. Change the money system in every nation to one where the sovereign government has control over it–
BY:.
2. Creating a Public Banking system and change the money system in every nation to a non-debt one where the government of each nation has sole authority to create money or inject it into the system.
.
3. Eliminating all private economic activity where the use of “money” does not directly involve the
production, procurement, etc of some product or non-financial service except: a stock and bond market–
business insurance companies–a system where any and all private operate under 100% reserve and have no authority to create any kind of instrument that can act as “money–or credit.”
4. Establishing an international protocol where the base currency unit of each and every nation can always
be traded on a one-to-one basic with the base currency unit of any other nation.
5. Establishing in-country firm price ceilings on every item and service necessary to produce, procure, etc.
any and everything needed to sustain human life.
6. Including a firm and fair profit margin for any entity that uses its wealth or labor in the production,
procurement, etc. of anything needed to sustain human life.
THEN:
7. Establish a full employment program in every nation so that every individual can contribute to the
general welfare in some way and receive enough money on a regular basis , in return, to be able to buy
all the necessities for life, all the time.
8. Focus all non leisure human activity (FIRST) toward education , democratic government, religious
tolerance, elimination of all offensive military capability, protection of all natural resources ,the
environment, and satisfying the worldwide need for food, clean water, proper housing and the control of
disease.
———
The idea of “debt” is just a smoke screen –thrown up by a controlling few (the international banking cartel). Any nation that actually takes control of its “money system” can fund any and all programs–needed by its citizens–without creating debt!
The system controlling the world today is one that benefit’s a few at the expense of the many and is the cause of most human suffering from poverty, hunger, and uncontrolled disease. It is destroying the environment and causing the early death of at least 28,000 children every 24 hours.
The necessary changes listed above will not limit personal initiative or prevent any one individual from becoming wealthy but they will make it possible for all to always have the necessities for life. Each and every one of them can be accomplished , and if we as human beings are actually above the animals; they will be!
“To kill the snake—you must attack the head!”