Dave Delaney : Dave Made That - Latest Comments in Banks Loan Money They Do Not Have

Re: Banks Loan Money They Do Not Have

Dave Delaney — Tue, 11 May 2010 15:28:05 -0000

Thanks for letting me know.

Re: Banks Loan Money They Do Not Have

tradi — Tue, 11 May 2010 13:42:03 -0000

by the way, money as debt is a great movie, but your link is not working, you can get the video by going to google video, and serach MONEY AS DEBT in the search bar.

Re: Banks Loan Money They Do Not Have

tradi — Sun, 09 May 2010 16:26:57 -0000

sorry about that last link, try this one, then click the pdf link....
http://old.nabble.com/TOP-S...

Re: Banks Loan Money They Do Not Have

tradi — Sun, 09 May 2010 16:25:00 -0000

When you sign a promissory note, and give it to the lender, you actually just gave the bank a loan. The bank accepts your note as a bank asset(just like cashing your pay check!). After the bank accepts your note, the bank ledgers the note onto its books, on the asset side, and the liability side of it's books. The bank then uses the CREATED CREDIT from your signature on the note from the liability side of its books, to fund the "loan". You gave the bank a loan, and they gave you a loan. BALLANCE 0!!! This is the biggest scam in the world, and the poor folks that take a mortgage "loan", pay the bank first with the promissory note, then, when the "loan" goes into default, the bank gets money from it's insurance company that it used to cover itself in case of a default (which thay are hopeing for), AND THEN THEY STEAL YOUR HOME!!! This is how virtually all mortgages are set up. The purpose is to enslave America, and steal our property. Who gets rich? The bankers of course. Not to mention, a key element of a contract is "consideration". What did the bank risk???? Read more in TOP SECRET BANKERS MANUAL link: http://autismtreatmentnow.c... by Tom Shauf, CPA trainer. Spread this news all across the nation as fast as you can!, before all our property is stolen!!! May God help us all!

Re: Banks Loan Money They Do Not Have

Dave Delaney — Fri, 09 Oct 2009 18:17:24 -0000

Great thanks! I'll check your site out.
D

Re: Banks Loan Money They Do Not Have

Chris — Fri, 09 Oct 2009 17:08:13 -0000

The only thing left to do is a. learn who we really are. b. call the bluff and exercise our rights. You may be interested in www.de-facto.org. It is a site that I have put up for info purpose. I'm not selling anything.

Two methods: Claim of right (for those under the crown jurisdiction) to establish lawful excuse and an affidavit asking to see where the banks took a loss in their books.

Re: Banks Loan Money They Do Not Have

Dave Delaney — Fri, 03 Jul 2009 08:31:17 -0000

Approve.

Re: Banks Loan Money They Do Not Have

Commercial Financing — Fri, 03 Jul 2009 06:32:35 -0000

Banks want to know that they will at least get part of their money back if you fail. If you do not have collateral to secure a commercial loan with

Re: Banks Loan Money They Do Not Have

Dave Delaney — Thu, 05 Feb 2009 09:39:14 -0000

Thank you. I feel the same way too, it's frightening. D

Re: Banks Loan Money They Do Not Have

Bob Woolnough — Thu, 05 Feb 2009 08:20:13 -0000

This is totally mind blowing. I had no idea that our s and other governments simply handed the countries to the bankers on a plate with a licence to rule the populace regardless of what the populace wants. To thinks that whomever we vote for in elections are really just puppets of the bankers is abhorrent and disgusting and there is no wonder nothing real is ever done for the creation of a good society and civilisation as it's all about the greed of a few. If there is a movement out there to change this then sign me up.

Re: Banks Loan Money They Do Not Have

loan stocks — Wed, 04 Feb 2009 04:51:04 -0000

the video was open my eyes

Re: Banks Loan Money They Do Not Have

Dave Delaney — Tue, 03 Feb 2009 09:53:34 -0000

I'm still getting my head around this all. Strangely, I am now craving
sauages :-)

So do changes need to be made before the world economy (further) goes
down the toilet? Do you they will be made?

Re: Banks Loan Money They Do Not Have

Laura Creekmore — Tue, 03 Feb 2009 08:38:02 -0000

Well, and the primary issue with CDS is as you identify -- they are functionally insurance. But they are new, and no one ever said [until now], umm, hey, CDS are insurance and therefore must be regulated like other insurance.

Insurance requires a higher asset ratio [ie., more money on hand] for an insurer than a loan does for a bank. Because the presumption is that a certain number of insurance policies will be collected -- larger than the number of bank loans that will typically default.

I don't think all of the discarded regulations are bad. In fact, there are a couple still on the books fr the Depression I wish they'd get rid of. But our regulatory system simply has not kept up with financial innovation. And [don't tell anyone I said this] perhaps that's as it should be. It's not pretty to watch the sausage being made -- nor to watch innovation at work.

Re: Banks Loan Money They Do Not Have

Dave Delaney — Sun, 01 Feb 2009 17:53:52 -0000

Wow, I had no idea you're so knowledgeable in this area. We'll have to talk more over breakfast soon. Kinda depressing, but certainly what we all need to understand in order to change this downward direction.

Cheers,
Dave

Re: Banks Loan Money They Do Not Have

driver49 — Sat, 31 Jan 2009 12:11:17 -0000

The confusing foundations of the fractional reserve monetary system have been well known for a long time. You consider your assets to be what you HAVE. The banks consider their assets to be what OTHERS HAVE and OWE the bank. Weird, but that's the way it has worked, more or less, for decades if not centuries.

What's causing the current disruption has been the dergulation of the banks allowing them to take the concept to absurd extremes, most notably in the for of "over the counter derivative" securities like Credit Default Swaps. With CDSs, I can sell insurance to investors who are not even parties to the original transaction -- and do it many times over.

In the wake of the Great Depression, various regulations were put in place to prevent a recurrence. Most notably Glass-Steagal, which separated deposit-based banks from invesment banks. In the last 15-20 years, all those regulations have been discarded, and now we're right back where we started.

So, yeah, money is debt and fractional banking is the foundation of the house of cards. But on that foundation the house has been built into a looming tower. And like that famous economist (and head of the British Mint for some time) Isaac Newton said, "what goes up...."

Re: Banks Loan Money They Do Not Have

Julien — Thu, 29 Jan 2009 23:22:32 -0000

Oh yeah, I've actually seen this before-- a few months ago, afaik. Good stuff, worth thinking about.