Forum Post: "Islamic Banking" The goal of OWS?
Posted 13 years ago on Nov. 21, 2011, 9:04 p.m. EST by Mikeferdy
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http://www.youtube.com/watch?v=SaeRum-GJMY - Part 1 http://www.youtube.com/watch?v=X8wDcpZSdFo&feature=related - Part 2
The top 1% got all the money simply because they hold the 99% in eternal debt through compounding interest.
Quoting from Robert Kiyosaki "Money is an idea". Money is not real, its the physical representation of a product/service created by someone that can be use to trade with another product/service.
The problem with interest rate is that is cause money to grow, but not the value of the product or service. The trend is gone long enough that now the world is starting to realizing that this money is actually worthless.
Yes those bankers are stealing from investors in the sense that they advertise "bonds" like they are valuable only for people to realize they are actually worthless. People end up paying for more than what they actually buy. While the rich however are investing their stolen money in physical things like equities and gold.
Mike, may I suggest the following educational videos. You will have a better understanding of our monetary system and its built-in defects:
[1] Money As Debt [0:47 hr]: http://video.google.com/videoplay?docid=-2550156453790090544
[2] The Money Masters - Full [3:16 hr]: http://www.youtube.com/watch?v=JXt1cayx0hs
[3] G. Edward Griffin, The author of "The Creature From Jekyll Island" [0:42 hr]: http://www.youtube.com/watch?v=bhMacPvc5qc
I liked your 1st vid suggestion. Tnx. I'll give the others a look one I have the time...
Mike, before [2, 3], you MUST watch this excellent educational video. Then when you watch [2, 3] everything will make sense.
Renaissance 2.0: Lesson 1 - Revisiting American History - Financial Empire: http://www.youtube.com/watch?v=l37RhdFGVsM
There are 11 short session (less than 10 min each), each linked to each other. This material will lift the veil that we've told and blindly accepted how the world works. It will show you the actual world we live in. Then [2, 3] will make much sense.
no they own the money because they are thieves,, defrauders and corrupt. banks with interest works just fine. if they do not steal from the investors , defraud the sec and do not violate regulations. nothing to do with interest
Interest entices the banksters to find ever new ways to make loans. Look at the destruction these schemers has brought down on our heads now.
Interest is a way for a bankster to steal part of your labor and what you produce.
Why would any one prefer to pay interest when they can have an interest free loan...bewildered.
no one minds paying for a service. its when this exchange is warped into the system we have today that it is corrupted. just the idea of - ill lend you 100 if you will pay me back 105- is not of its own a bad thing. why would anyone loan money to anyone for free? there would be no incentive. but what we have now is ursury. with interest and fees and cost when you borrow 100 you pay back 250. the concept of interest has been corrupted.
MUCH to do with interest
The conventional system built this country. The removal of regulations was a prelude for the system to fail. Go back to the old ways and flourish...no need for anything Islamic in our systems. Our systems worked well until the corporations manipulated the government to remove regulations.
Believe it or not, Islamic Banking IS the old way... The difference is conventional banking's regulation is made by the government which can be manuplated... Islamic Banking's regulation is made by its principles which remains unchanged which is "you cannot make money out of money" which if you think about it, is the same as printing money.
So, you can chose to continue protesting and hope the government will listen to you and change its regulation, or you can protest directly by refusing to accept the government's destructive monetary regulation by adopting a different financial strategy.
https://www.bankofwhittier.com/express/express.html This is all I can search online.
(IMO, this is why they've been trying to demonoize the sharia law all this time. We all know how monopoly works. They're trying to demonoize the competition so people will keep using the current financial system w/o even giving the competition a glance)
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