I wondered why David Rockefeller started pushing “modern Farming” as early as 1953. The reason? All that new equipment cost money, lots and lots of money and it requires the farmer to go into debt….

 
More from my old notes:

Remember the 2008 FORECLOSURE MESS?

“A credit default swap (CDS) is a credit derivative contract between two counterparties,” says Wikipedia. “The buyer makes periodic payments to the seller, and in return receives a payoff if an underlying financial instrument defaults. CDS contracts have been compared with insurance, because the buyer pays a premium and, in return, receives a sum of money if one of the specified events occur…

CDS premium revenue is not restricted to those who might have actual losses or real assets to protect. You can bet as much as you want and create as many CDS as you want…

Senior investors, who are typically financial institutions, own the AAA tranches that are insured against default by AIG, and they WANT to foreclose on the Middle Class so that insurance payments kick in. Conversely, the junior tranche investors want workouts with homeowners because their investment is not insured.

“To ensure that the mortgage servicer pushes default instead of workout, the servicer is paid double (50 basis points versus 25 basis points) by the MBS to service a loan in default. Why do you think your servicer tells you that you must be in default before it will consider a mortgage modification, a practice known as invited default?

“Simply put,” says Parker,  “the government bailout of AIG has actually encouraged foreclosures because the taxpayers continue to fill AIG’s coffers with enough cash to pay out insurance on defaulted home loans.” …

http://www.realtytrac.com/content/news-and-opinion/how-the-aig-bailout-could-be-driving-more-foreclosures-4861

American tax payers got saddled with paying the ‘insurance’ while their homes were foreclosed on… A MAJOR WIN-WIN for the Banksters.

By Jerry Mazza http://onlinejournal.com/artman/publish/article_4101.shtml
“In the last three decades alone, the FED has doubled the US money supply every 10 years.”

The Fed Printing Money Here are the average base money supply numbers by year, combined with the amount of increase over the previous year Each year from 1959 to tday is listed at…http://research.stlouisfed.org/fred2/data/BOGUMBNS.txt

1959 — 50.1 billion
1963 — 51.6 billion — up $1.5 billion
1964 – 54.1 billion — up $4 billion Under a 10% increase in five years
1974 — 101 billion — up $51 billion ( doubled in 15 yrs. gas prices doubled over night)
And the Money supply continued to double at aproxamitely ten year intervals

1985 — $205 billion — up $103 billion
1994 — $ 406 billion — up $201 billion
2006 — $808 billion — up $402 billion
2008 — $831 billion — up $23 billion from the 2006 figures

And by April of this year
2009: $1663 billion… up $921 billion in response the mess made of the housing market: The Fed PRINTED close to a TRILLON dollars in a year and thereby doubling the money supply.
Hard Currency, Soft Currency and G20.
Hard Currency “American currency is so stable that it is used world wide for business deals and ventures…Soft currency on the other hand is defined as a country’s currency which is not acceptable in exchange for currency of other countries, due to unrealistic exchange rates.(budget.ro) Soft currency is normally a product of new countries and countries that do not have the industry or the resources to have a strong and stable platform to grow a society on. This currency not only fluctuates greatly in value, but is also under the constant risk of loosing some or all of its value” http://www.freeonlineresearchpapers.com/difference-between-hard-soft-currency
At the Summit, the Chinese President called for enhanced supervision over major ‘reserve currency’ issuing countries and an over haul of the international monetary system. Hu had stressed need for creating « super-sovereign currency and creating mechanism to deal with protectionism. It was a multi-dimensinal move to upstage China’s global rating, if not to challenge the unassailable US position. China had earlier hinted at it at Hoshram meeting of Finance Ministers and Governors of the G-20 countries. Zhou Xiaochuan, Governor of the People’s Bank of China (PBOC), the Chinese Central Bank, had spoken of boosting the use of Special Drawing Rights (SDR), a monetary unit used by the IMF, as an alternative to the US currency. Chinese proposal garnered support of Russia and Brazil…”http://www.southasiaanalysis.org/%5Cpapers32%5Cpaper3153.html

Within 34 hr of becoming president he closed the doors on every bank – FDR info and sites on US bankruptcy http://www.apfn.net/Messageboard/01-18-04/discussion.cgi.60.html
The McFadden Speech http://www.apfn.net/Doc-100_bankruptcy29.htm
“Mr. Chairman, the United States is bankrupt: It has been bankrupted by the corrupt and dishonest Fed. It has repudiated its debts to its own citizens. Its chief foreign creditor is Great Britain, and a British bailiff has been at the White House and the British Agents are in the United States Treasurymaking inventory arranging terms of liquidations! Great Britain, Partner in Blackmail.. “Mr. Chairman, the Fed has offered to collect the British claims in full from the American public by trickery and corruption, if Great Britain will help to conceal its crimes. The British are shielding their agents, the Fed,…

 “The Prime Minister of England came here for money! He came here to collect cash! “He came here with Fed Currency and other claims against the Fed which England had bought up in all parts of the world. And he has presented them for redemption in gold. { After World War I, Germany began to invest American banking loans in an economically wasteful fashion. Bankers lent to German states and municipalities, which used these funds for projects designed to bring about more social consumption, such as municipal beautification, parks, sports stadia, hotels, public bathhouses, and roads of little or no productive utility http://www.americanforeignrelations.com/O-W/Reparations-From-dawes-to-default.html}
The Coolidge administration canceled up to 80 percent of some nations’ war debts. Thirteen countries agreed in 1926 to repay the lower amounts over sixty-two years at an average of 3.3 percent interest. In September 21 1931 the balance of France and the US Federal reserve loaned Britian 25 million pounds. On december 15 1932 when the installments (interest) on the war debts came due France refused to pay outright and Britian made a full payment with a note that effectively refuse any futher payments. Belguin, Poland, Estonia, Yugoslavia, and Hungary also made no payments http://books.google.com/books?id=Xux-LSxSY6cC&pg=RA1-PT460&lpg=RA1-PT460&dq=%22cancel+the+war+debts%22+Roosevelt&source=bl&ots=fzgH6Mw3VR&sig=CxHxZSr5W1HrdluXnY_WmhrfoWw&hl=en&ei=gO4KSviUEZS9tweB3o2jAQ&sa=X&oi=book_result&ct=result&resnum=2#PRA1-PT460,M1

Roosevelt signed on the dotted line to forgive war debts