Social, Political & Economic Myths


Myth: Multiculturalism

Answer: This is a euphemism for race, mongrelization and dumbing down. Democracy implies an open and free society in the public mind. Democracy is a great pretension of open debate. Indeed it is open debate but only on spurious issues.

Myth: Democrat vs. Republican (two SEPARATE political parties)

Answer: It’s hard to believe that the American people can even imagine a difference. This is a great charade but millions of people harbor this deception.

Myth: The government promotes savings for retirement through IRAs and 401Ks.

Answer: Government uses these deceptions as one means to regulate consumption by taking vast sums of “dollars” out of circulation until they can inflate the purchasing power out of existence.

Myth: The National Debt

Answer: Impossible, according to the Federal Reserve publication Keeping Our Money Healthy, published by the Federal Reserve of New York. The Federal Reserve System works only with credit. It is an imaginary system represented in the public mind as numbers or computer symbols. How can there be a deficit of numbers that can be created to infinity?

Governments consume the wealth of nations with this deception called the national debt. The impossibility of payment or repayment implies the fraud. Nobody has ever seen, smelled or touched any money as dollars because it does not exist. A dollar bill as money is a mental fiction. The paper is only the symbol of the fiction.

Banks lend credit, not money as they say. There is no money of account in the United States of America.

In the above referenced Federal Reserve publication is the statement “The Federal Reserve System works only with credit.” Credit is not money. It is a mental system. Credit is not money or wealth.

This is precisely why governments do not want gold and silver in the hands of the people. Gold and silver are real wealth whereas bank credit is a mental (mind) tracking system. It means absolute control over the people and all means of production.

Government controls everything by manipulating the volume of credit, that is, by increasing or decreasing the numbers exactly as you do in your check book except the government can create credit to infinity.

There are two ways that government creates credit. The first is bank credit. This credit expands as long as people “borrow money.” When a debt overload develops, bank credit contracts as the people stop borrowing credit.

The second way is when the government “pays” credit into circulation through huge social programs or starts a war (like we are in now). When the public mood reverses from euphoria and optimism to despair and depression, bank credit collapses.

As long as the volume of credit is expanding, government and its political system will reign. But an involuntary contraction of credit brings people back to reality after bank credit strips them of their property through debt. The public becomes more hostile toward all government, politicians, authority and taxes.

This is why governments always try to extend the credit machine, even creating wars. They really do succeed for a time as they create larger and larger imbalances, which always end in a credit collapse such is now brewing.

There would be no wars without government/banker credit. Nobody would pay for wars with gold and silver, not even the government.

Bob Livingston

founder of Personal Liberty Digest™, is an ultra-conservative American author and editor of The Bob Livingston Letter™, in circulation since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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