Why I oppose the Banking System

Why I Oppose the Banking System

My issue with the private banks is that they create almost 100% of our money supply out of nothing by using accounting trickery. This money goes into circulation as loans to the people and our government. This despite the fact that our government has the power to issue our money supply debt free for the benefit of all the people. The private banks are of coursed foreign controlled and certainly do not have the interests of the Australian people at heart.

If our government issued our money supply debt free through a government owned People’s Bank it would not have to borrow money and could virtually do away with taxation. Any worthwhile capital works project could be funded without borrowing from private banks.

As Sir Dennison Miller the first Governor of the government owned Commonwealth Bank of Australia said in the Australian Press of July 7, 1921:-

“The whole of the resources of Australia are at the back of this bank, and so strong as this continent is, so strong is this Commonwealth Bank. Whatever the Australian people can intelligently conceive in their minds and will loyally support, that can be done.”

In other words, that which is physically possible can be made financially possible by a People’s government owned bank. http://peoplesbankparty.org/the-peoples-bank/

The private banks maintain their monopoly over the creation of our money supply by their ownership of our media and control of our educational institutions. They also bribe and corrupt our politicians and do not hesitate to assinate or murder any good politician who stands in their way.  Abraham Lincoln (1) and John F Kennedy (2) for instance. They are behind virtually all wars as this is the best way to get governments to borrow money from them. https://www.youtube.com/watch?v=5hfEBupAeo4

Because the Bankers own our main stream media and control our education system the only way to defeat them is with a grass roots movement. That means person to person. That means sharing this material with all your friends and getting them to do the same. Not only on Facebook but any way you can. “The only thing evil requires to prosper is for good people to do nothing.” We can defeat this evil. Please share the message.

John Woodward

• (1) “The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity. Money will cease to be master and become the servant of humanity. Democracy will rise superior to the money power.” Abraham Lincoln, US President 1861-5. He created government issue money during the American Civil War and was assassinated.

• (2)   https://www.youtube.com/watch?v=ya8J503VFqY JFK also started to issue debt free money. https://birdflu666.wordpress.com/2017/01/25/34951/