A PRIMER ON HOW WALL STREET PULLED OFF THE GREATEST MORTGAGE INVESTMENT SWINDLE IN HISTORY WITH THE ASSISTANCE OF THE US GOVERNMENT! by Michael Rivero
BREAKING: 11-09-10 GREENSPAN ADMITS ON VIDEO FRAUD AND CRIMINALITY IN US BANKING SYSTEM!
1. SOME HISTORY
This story begins back before the United States was the United States.
The original thirteen colonies printed their own currency, and it worked very well at empowering commerce and turning the young America into a powerful growing economy, free of the poverty and unemployment that even then crippled London. But the bankers of Europe, long used to private banks issuing the public currencies, were horrified by the
American approach and saw it as a threat to their deeply cherished religious belief that the gods intended for the bankers to have all the wealth of the world. So, the Bank of England lobbied King George III to impose the Currency Act on the colonies, which forbade the colonies to use their own money and required them to borrow their lawful tender from the Bank of England, at interest.
It took only a few years for this scheme to reduce the formerly prosperous and productive colonies down to the poverty and unemployment typical of London at the same time period, as depicted in the literature of Charles Dickens, among others.
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