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Laframboise_Cov

Get out clause from the "banksters" fraud!

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Why deficit and austerity programs exist?

 

The Book “DOUBLE ENTRY How the Merchants of Venice Created Modern Finance” by Jane Gleeson-White evidences material in her book about history’s best-kept secrets of the corporate world and government.

 

Page 177 “…May 1934…John Maynard Keynes…” said “In Washington… ‘Here, not in Moscow, is the economic laboratory of the world.’” “…his theory of effective demand’…” “…publish in February 1936 as The General Theory of Employment, Interest and Money.”

 

And    

 

It is also evidenced that for profit to occur a double-entry system was needed to be put in place. This is John Maynard Keynes economic laboratory of the world in action as per his published work in February 1936 as The General Theory of Employment, Interest and Money. Page 146 and 148 is evidencing here the purpose and use of INCOME and taxes on income also “…because profits derive from income, not from capital.” “...How to calculate income or profit?” “…found in Pacioli’s double entry, a tool perfectly made for distinguishing between capital and income and therefore for calculating profit. The power of calculating the difference between capital and income is one of the basic characteristics of double-entry bookkeeping…”.

 

Could this amount to an I.O.U. for an I.O.U. pyramid scheme for Profits? Also expressed as revenues, taxes, interest, sales taxes and all forms of hidden taxes (inflation), etc. Could it be that this  system of Profits is evidencing itself as a large scale PONZI SCHEME?

 

Mr. Jack Lew states that “If U.S. bondholders decided that they wanted to be repaid rather than continuing to roll over their investments, we could unexpectedly dissipate our entire cash balance.”

 

=== See http://cnsnews.com/mrctv-blog/terence-p-jeffrey/lew-s-testimony-debt-mirrors-secs-definition-ponzi-scheme

 

=== See https://www.c-span.org/video/?315548-1/treasury-secretary-jack-lew-debt-limit

and for ease of access and brief showing

 

=== see http://cnsnews.com/mrctv-blog/terence-p-jeffrey/ponzi-treasury-issues-1t-new-debt-8-weeks-pay-old-debt on how shall the United States meet its financial obligations.

 

According to the U.S. Securities and Trade Commission they define “roll over” in the following statement. “Keep in mind that Ponzi scheme promoters routinely encourage participants to “roll over” …”. This is under the section “Difficulty receiving payments. Be suspicious if you do not receive a payment or have difficulty cashing out your investment.”

 

=== See http://www.sec.gov/answers/ponzi.htm

 

LAFRAMBOISE - SECURITY - COVENANT

http://www.laframboise-security-covenant.com

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