Category Archives: Harry Dingey

Help Save America, Spread the WORD…

 

The Federal Reserve Act was questionably passed in 1913 and along with it the Internal Revenue Law (IRS) was included in the same bill. The Income Tax Law was passed in the same bill and was included to pay the Federal Reserve interest for loaning us our own money.

I know this sounds screwy but it really is the honest truth.

During the Great Depression of 1929 there was no Glass–Steagall Act in force and congress always thought the bankers caused the Last depression because they could use the depositors saving account to gamble on the stock market. So, in 1933 they passed the Glass–Steagall Act.

The Glass–Steagall Act was a law enacted by congress in 1933 as a safe guard to protect the American people’s bank deposit accounts by placing a wall between all banks and Stock Brokers, forbidding the banks from investing in the stock market or use bank money to buy or sell any types of stock market derivatives.

First, let me tell you how the Federal Reserve works.

1) The Federal Reserve sells the bonds at an open auction.

2) The Federal Reserve Banks around the country buys up most of the Bonds at an open auction.

3) The Treasury Dept. spends all the newly printed bond money.

4) Then at some point in the future all the new bond money will end up as deposits in some ones Bank Account.

5) The Federal Reserve gives all the banks nine dollars for every newly deposited one dollar as a GIFT.

The Federal Reserve is a sweetheart monetary system that was setup to supply the Federal Government with an unlimited amount of money it wants to spend without requiring the Federal Government to increase Taxes on the people.

When the Federal Government needs money it just raises the Debt limit. Then the Federal Reserve prints up Bonds and sells them at the bond auction.

They never have to worry about not selling the bonds because the Federal Reserve Banks will step in and buy up all the unsold bonds. Just to collect the bond Dividend.

Now at some point in time in the future all of this newly printed money will be deposited in one of the Federal Reserve Banks in the system. The Federal Reserve System uses what is called a “Fractional Reserve Banking System”.

This means that Banks are allowed to loan or spend Nine Extra Dollars for every one dollar held in deposit. This extra nine dollars is given to the banks not as a LOAN but as a GIFT and requires no repayment. They can use this money to make loans, to buy Federal Bonds and invest in the stock market or use bank money to buy or sell any types of stock market derivatives they chose.

That means for every $1 trillion dollars the Federal Government spends in Deficit Spending the Federal Reserve (a privately own central Bank owned by non-Americans) will end up printing an extra $10 Trillion Dollars of newly printed money to put in its own pocket, plus charging the American People interest on the original $1 Trillion dollar loan to the Federal Government. Of course we the American People are required to pay the Federal Reserve Interest on this newly printed money from Income Taxes being withheld (IRS).

Then as if the American people were not being screwed enough by this private banking cartel called the Federal Reserve during the last 100 years. Then in 1997 Bill Clinton President and both the Democrat and Republican Congress repealed the Glass–Steagall Act. This allowed the International Bankers to gamble with the American people’s bank deposit accounts. This was the real cause of the Great Depression in 1929 and also again with the 2008 Financial Crises that brought down America help put us in this Second Depression in 2008.

American can never recover as long as we have a Private Federal Reserve Central Bank and we allow the International Bankers gamble with the American peoples Bank Deposit Accounts.

The Federal Reserve is printing up $85 billion dollars every month to buy back Fake American National Debt Bonds. This is not inflationary in its self because they are not increasing the money supply. They are just trading newly printed dollars for the same dollar value of bonds so the money supply is not being changed.

The Federal Reserve is purchasing these bonds back from the Large International Banks who hold a large portion of the Fake American National Debt. The Federal Reserve prints new money to buy back this FAKE National Debt back from its Branch Banks.

But, here is where the American People get a real Screwing. Whenever newly printed money is being held on deposited in bank. Under the laws that govern the Federal Reserve all banks use what is Called the “Fractional Reserve Banking System”.

This system allows all banks to loan or spend up to 10 times the amount of all dollars held on deposit in all banks (this is the same thing as counterfeiting). This is not a loan to the banks, but a gift. These Banks are not required to pay any of this money back.

When the Federal Government allows all these banks to counterfeit our money like this, they cause inflationary, which is actually a tax laid on the people because it makes everyone’s money worth less every year after year. This is the main cause of our yearly Inflation.

In Fact since the Federal Reserve Act was passed in 1913 the American dollar has decreased in value by about 97% because of this Privately Owned Central Banking Cartel System.

During the last 100 years the American people have paid Trillions of Dollars of Interest to the Federal Reserve Banking System (privately owned Banking System owned solely by International Banking Cartel). Plus because of the “Fraction Reserve Banking System” they was allowed to STEAL based on our Fake National Debt owed: $17 Trillion times 10 = $170 trillion Dollars over the last 100 years.

Thomas Jefferson Quotation (1776):

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”

This is what Thomas Jefferson warned us about 237 years ago, so ignorance is no excuse and all of these Federal Politicians should be put on trial for Treason by the American Peoples court.

America is in big, big trouble and here is what I would do to solve everything:

1) I would reestablish the Glass–Steagall Act.

2) I would close down the Private Federal Reserve Central Bank.

3) I would cancell all the United States Fake National Debt Bonds held by the Federal Reserve and all their Branch Banks.

4) I would close down the Internal Revenue Service Dept because this is just a collection arm of the Federal Reserve to pay Interest on a Fake National Debt which I will payoff the same way it was created.

5) I would require all the banks to drop “Fractional Reserve Banking” and go to “100% Reverse Banking”.

6) I would put the United States Treasury Dept is charge of the creating of all money coined or printed Dollars as stated in the United States Constitution.

7) I would tell the US Treasury to print up enough dollars and buy back our entire National Debt (which is interest bearing Bonds). This would put us totally out of Debt and not be required to pay nearly $400 Billion Dollars interest annually on a FAKE National Debt. The Social Security System will now have $2.6 trillion dollars cash in a private bank account.

8) I would pass an Amendment to the United States Constitution that states ”anyone who tries to setup a Private Central Banking System in the United States will put on trial for Treason and THEN Executed”. This would eliminate the incentive to assassinate or kill anyone like they did to JFK in 1963, to install or keep a Private Central Bank System in the USA.

9) I would pull out of NAFTA and the WTO. By ending NAFTA and the WTO it would automatically create well over 13.86 million Jobs almost overnight.

10) I would repeal the Anchor Baby law back to its inception.

11) I would give all illegal aliens one week to go back where they came from or round them up and put them in Sheriff Joe Arpaio desert prison Camp or these FEMA Concentration camps built to house the real American Citizens.

SO MOTE IT BE..
Harry Dingey

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How to Pay Off the National Debt…

Wake-Up-Greeting-cards US_Flag Logo Spotlight

HERE IS WHAT WASHINGTON DON’T WANT YOU TO KNOW !!!!!!

By Harry Dingey • 2 years ago

How would you like to totally pay off the National Debt without costing the American People one penny?

How would you like to Abolish the Internal Revenue Service?

THIS IS VERY, VERY SIMPLE and EASY !!!

REMEMBER ONE THING; KEEP YOUR EYE ON THE MONEY SUPPLY.

If the money supply goes up you create INFLATION and prices goes up.

If the money supply goes down you create DEFLATION and prices goes down.

If the money supply remains CONSTANT. Prices tend to trend lower.

1) First we Abolish the Federal Reserve established in 1913..

2) Then we Abolish the Internal Revenue Service established in 1913 along with the Federal Reserve, which serves as the collection arm of the Federal Reserve to pay itself Annual Interest for money we borrowed from ourself.

3) Then We take “fractional reserve banking system” away from all banks and go back to “100% reserve banking system”.

4) Presently the Federal Reserve allows all banks to legally print $10 new Dollars for every dollar they hold on deposit (this is really counterfeiting). This increases bank profits and the Money Supply by a factor of tenfold for every new dollar printed by the Treasury Department and also causes Inflation.

5) This year the Federal Government will borrow and print $1.5 Trillion Dollars.

Eventually this money ends up deposited in a bank. The Banks just like a magician are allowed to take that $1.5 Trillion Dollars and turn it into $15 Trillion Dollars, this will Increase the Money Supply by total of $15 Trillion Dollars.

Wait a minute!!! Ain’t that the same amount we need to pay off the entire Federal National Debt?

We must take “Fractional Reserve Banking System” (this should be called CONTERFITING ) away from the banks and force them to use “100 % Reserve Banking System”.

Then tell the Treasury Department to print up $15 Trillion Dollars of non-interest bearing Treasury notes (dollars) and buy back all the Interest bearing Bonds (Our Total National Debt).

This will not increase the Money Supply by even one penny because we will destroy all the interest bearing Bonds we just purchased.

WOW.. we just paid off the entire $15 trillion dollar National Debt by printing non-bearing interest Treasury notes (dollars) and did not cost the American people one penny.

We totally eliminated the National Debt, eliminated annual interest payments on the National Debt, eliminated paying Federal Income Taxes and created a positive surplus of $2.6 Trillion dollar in the Social Security trust fund,

Every time I go through the calculations I think of other benefits.

Some National Debt Facts:

• Social Security trust fund is $2.6 trillion in the black (IOU’s).
• Social Security trust fund in 2010 ran a $68 billion surplus.
• Only $1.2 trillion is owed to China.
• $10 trillion is owed to American people.

When we pay-off the National Debt as I have suggested we automatically create a Positive Social Security Trust Fund of $2.6 trillion dollars that I suggest we separate this Trust Fund from the General Account.

Presently we are paying about $400 Billion Dollars every year interest on the National Debt (money we borrowed from ourself). But, if interest rates starts going up because of Hyper-Inflation and that’s exactly what the Price of Gold is telling us right now. This interest we are paying on the National Debt could easily grow to an amount larger than the total Federal Gross Income tax receipts.

This is a very Powerful Monetary Tool and this gives you an idea of how the banks has been given this sweetheart deal by Congress back in 1913 which has allowed the Banks to literally rob the American people out of trillions of dollars. The Federal Reserve has already screwed the American People out of $150 Trillion Dollars since its inception.

This will force all the American Banks to go back to a Fair Banking System of “one hundred percent reserve banking system”.

What happens if we do NOTHING?

The alternative is to let the Federal Reserve continue screwing the American people out of TRILLIONS of DOLLARS year after year?

Do you understand what is going to happen when the Feds are forced to start increasing the interest rates to stop the coming Hyper-Inflation?

Back in the 1980s Federal Reserve chairman Paul Volcker was forced to increase Interest rates because of run-away inflation and the Interest rates jump to around 20%. If that was to happen now we could easily see the Annual Interest Charged on our National Debt jump to around $2.8 Trillion Dollars a year. That my friend does not include the projected Annual Budget short fall of another $1.6 Trillion Dollars.

This is exactly why the Price of Gold has increased from $300/oz. to $1,800/oz., a six fold increase. Gold is trying to tell everyone something but no one is listening as usual?

We could end up paying more annual interest on the National Debt than the Internal Revenue Service collects in annual gross Income Tax receipts?

That is called Absolute National Bankruptcy.

The Federal Drug Administration (FDA) is just another privately owned organization setup by the Rockefeller Family to benefit all the large drug Companies and the Medical establishment. The Pharmaceutical Industry, AMA and FDA are Endangering Your Health for Profits.

Please copy and post if you like this idea.

SO MOTE IT BE..
Harry Dingey

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