Creating our own bank

[skyline]

I have just read the thread about North Dakota having its own bank and it seems they have a budget surplus so this got me thinking. A bank is a company and what is there stopping us from opening our own bank,think about it.We have this crazy worldwide fractional reserve system and correct me if I am wrong all banks run in the same way and hey we support them,we pay for our prison be it mortgage loan charges the list is endless,so what is stopping us from becoming a bank?We dont even need a high street location as the web is all you need.Lets say 1000 people deposit £100 pounds in our bank using the fractional 10-1 ratio thats 1,000,000 pounds that can be lent.Lets say one of you out there has a 100k mortagage with Barclays,you remortage with our bank paying off barclays with our own illusional money and now our bank can use the asset your home to make more illusionary money which can be lent and the process grows slowly people can break away from the illuminati infested scumbags,hey if people deposit in numbers not expecting huge interest payments then the borrow our illuionary money with little interest

We need to be in control of own destiny maybe this is a way

your positive thoughts please?

[the worm that turned]

Originally Posted by skyline

I have just read the thread about North Dakota having its own bank and it seems they have a budget surplus so this got me thinking. A bank is a company and what is there stopping us from opening our own bank,think about it.We have this crazy worldwide fractional reserve system and correct me if I am wrong all banks run in the same way and hey we support them,we pay for our prison be it mortgage loan charges the list is endless,so what is stopping us from becoming a bank?We dont even need a high street location as the web is all you need.Lets say 1000 people deposit £100 pounds in our bank using the fractional 10-1 ratio thats 1,000,000 pounds that can be lent.Lets say one of you out there has a 100k mortagage with Barclays,you remortage with our bank paying off barclays with our own illusional money and now our bank can use the asset your home to make more illusionary money which can be lent and the process grows slowly people can break away from the illuminati infested scumbags,hey if people deposit in numbers not expecting huge interest payments then the borrow our illuionary money with little interest

We need to be in control of own destiny maybe this is a way

your positive thoughts please?

Great idea but who do we trust to run it? Where will the money be held? If it were that simple then it surely would have already been carried out. I think there is also a restriction (set by FSA) on minimum requirements for setting up a bank (and thereby being authorised to use fractional reserve lending) which I believe is 50,000,000 (I could be wrong). That is not to say that if enough of us were interested we couldn't meet those requirements. Invest £500 in the company and receive a 0.001% share of the NOT FOR PROFIT ORGANISATION. We would only need 100,000 people to make it work.

So count me in if it can be done.

[hagbard_celine]

I thought about asking people on my street to set up our own currency. Hopefully there'll be a cross-section of all skills and professions so that we can all serve each other. I know for a fact that my next-door neighbour is a mechanic. I'm going to print a flyer with the headline CREDIT CRUNCH? WHAT CREDIT CRUNCH?

[blueyonder2012]

Originally Posted by skyline

We need to be in control of own destiny maybe this is a way

your positive thoughts please?

You Mean NESARA, http://www.nesara.us/pages/home.html

Covers the whole of the world once it goes in to operation!?

[danster82]

Because your not part of the club and so wont get have access to the fractional reserve system. We are only told its a free and open market and a democracy its not really and trying to start your own bank will prove that.

[oiram]

Originally Posted by hagbard_celine

I thought about asking people on my street to set up our own currency. Hopefully there'll be a cross-section of all skills and professions so that we can all serve each other. I know for a fact that my next-door neighbour is a mechanic. I'm going to print a flyer with the headline CREDIT CRUNCH? WHAT CREDIT CRUNCH?

Finally people got it!

This is how I started my first thread I made on this forum to wake people up what really could be done "IF"!

My English is bad but I think i am getting my points across!
http://www.davidicke.com/forum/showp...5&postcount=29

http://www.davidicke.com/forum/showthread.php?t=35069

Originally Posted by danster82 http://www.davidicke.com/forum/image...n/viewpost.gif
I dont no where to start really, I see it as their most powerful influence.

You should really watch a few videos on it such as


And also this is a great education slide show :

http://www.chrismartenson.com/crashcourse

You need to contemplate what "value" means and then realize they have conned you into accepting their paper as valuable, and they used legal means to make you accept it by Law thats why its called legal tender its the elite telling you you must legally accept this money they create as valuable and it is the only method you can use to pay off debt.

The abundance we would live in without this system is almost unimaginable so vast in fact that it would take a different state of consciousness just to realize it when you try and think of a world where profit is no motivator it touches in every aspect of life as we know it.

In its simplest description the fiat money system the world is under is a self created artificial state of lack which is unnecessary.

If they had no control of the system the money would be directly connected to the goods and services of the world and therefore stable. More or less the whole banking sector would fold and about 80% or all service jobs. contemplate jobs that evolve around money, interest, the financial sector and im not just talking bankers and investor im taking every clerk every IT guy ever secretary cleaners of the offices assistants drivers cafe workers, locksmith for the vault that are all working for the financial sector or in service, i.e somewhere along the line their business is reliant on making money from money.

Now contemplate interest, If you look at it at its most base level (energy level) interest is the equivalent to a blackhole. You (human beings) are the only source of value in this world, we bring the value into the world by either our creativity our inventions and progress or our labor to produce or our art, thats it there is no other source of value, even precious materials are worthless untill they are mined and crafted. And so interest is sucking all this light we bring into the world and putting it into nothingness.

So take somthing like a 1 bed studio for example with a 100,000 pound value with current interest rate its £575 a month with no interest its £238 now thats not bad for a start just getting rid of interest but it doesnt stop there. Because in a world without interest prosperity would be higher anyway and "progress" would be actual progress as in every time we innovate create new technology and methods and increase our economic growth by 3-4% it would actually increase everyones growth by 3-4% meaning if you really did have a 3-4% growth in prosperity things this year would cost 3-4% less its wouldnt take long before most things were near free and that might sound insane it nots quite as insane as you think, its only because of the system we are under now they we have deliberately not make things free in order to create jobs in order to pay the debt in essence its essential to keep the struggle maintained deliberate to maintain the system, without we could begin to make things free because we are already advanced enough to do that but we dont do that...

Heres yet another way to look at it, if I came to your little town you knew nothing about money you simply bartered and I issued £100 credit from my magic wizard hat with my wand and convinced just one of you to accept it as valuable at a 10% interest and the next year I come back to the guy who accepted it and I say I need £110 and he says I dont have £110 its immposible for me to get because theres only £100 in circulation and so I say dont worry I will lend you more so you can pay me back but next year you must pay back that also at 10% Oh and btw didnt I tell you you can also lend what I lend you to others anc charge interest. Basicly what im trying to say is all the interest on all the debt in all the world by national debt and personal debt doesnt actually exist yet not untill its loaned into existence the next year in order to pay off the ever increasing amount of debt that why the market is going to collapse because its built in.

Heres another example, If i control this system of money and ive got everyone accepting my paper as valauable and I start printing credit where people cant see and buying up tangible goods with it "the resources of whole nations" but in this example lets just say lightbulbs if im buying up all the lgith bulbs with this fake money whats going to happen to the price of the light bulb? Remember value always stays the same because a lightbulb is a lightbulb is a lightbulb but the price will fluctuate and if im buying all the lightbulbs up with this fake money you can bet the price of lightbulbs will shot through the roof in order for the blubs to maintain their value and yet everyone holding onto fiat money will suddenly perceive lightbulbs as extremely valuable.

So when they talk about "price" of oil gas food etc going up yes the price is but the value isnt the price is going up because you need more and more of the same fiat money to buy it.

I could go on giving diffrent examples but my fingertips are wearing out

http://www.davidicke.com/forum/image...n/viewpost.gif

[simplysimon]

oiram

The venus project is a great idea, something in the idea resonates greatly within me. Far more so than a perpetuation of the banking system.

Water, food, shelter, community and the chance to grow and serve.

Ideal!

[jiffy]

Originally Posted by hagbard_celine

I thought about asking people on my street to set up our own currency. Hopefully there'll be a cross-section of all skills and professions so that we can all serve each other. I know for a fact that my next-door neighbour is a mechanic. I'm going to print a flyer with the headline CREDIT CRUNCH? WHAT CREDIT CRUNCH?

Now that is revolutionary, just creating yet another Fractional reserve Bank is just perpetuating the problem.

Creating a currency who's only valve and purpose is a means to exchange goods & services is in my opinion the "ONLY" way that you could truly change the system (NWO if you like)

Fantastic Idea I wish you ALL THE LUCK IN THE WORLD!!!!!!!

[tien an]

Originally Posted by skyline

I have just read the thread about North Dakota having its own bank and it seems they have a budget surplus so this got me thinking. A bank is a company and what is there stopping us from opening our own bank,think about it.We have this crazy worldwide fractional reserve system and correct me if I am wrong all banks run in the same way and hey we support them,we pay for our prison be it mortgage loan charges the list is endless,so what is stopping us from becoming a bank?We dont even need a high street location as the web is all you need.Lets say 1000 people deposit £100 pounds in our bank using the fractional 10-1 ratio thats 1,000,000 pounds that can be lent.Lets say one of you out there has a 100k mortagage with Barclays,you remortage with our bank paying off barclays with our own illusional money and now our bank can use the asset your home to make more illusionary money which can be lent and the process grows slowly people can break away from the illuminati infested scumbags,hey if people deposit in numbers not expecting huge interest payments then the borrow our illuionary money with little interest

We need to be in control of own destiny maybe this is a way

your positive thoughts please?

Well, sorry for my first point being negative, but it is reality:
RBS, (up until Sept.08 anyway), had to deposit £5billion every week with the BofE to be allowed to print its own money.
This is the sort of situation you must avoid if ever you got the idea rolling.
Granted, RBS' business probably amounted to £5bn/week and yours would take quite a while to get to that level, but a situation to avoid if ever...

Secondly, you'd have to watch out for anyone amassing more shares than you, the owner(s) of the bank.
That sounds a bit silly at first glance, but it has happened in companies in the past.
You'd have to have some sort of system where any shares were distributed equally.

Third; if your client (with an asset) defaults, how are you going to treat them? In the same way as the banks do now? Repossession of their abode?
I'd like to see some other way of maintaining control without going down that road.

Damn, I'm not as hot on this subject as I'd like to be...
Oiram posted a good idea (as seen on this thread) and on the Freeman-on-the-Land section, there's an idea by Robert-Arthur Menard of communities creating their own 'funds', which, I imagine would need some sort of security ie. a 'bank' or vault of some kind.

Beware the money-makers!

Good idea skyline.
All the best.
Tien An.

[the nine]

Originally Posted by hagbard_celine

I thought about asking people on my street to set up our own currency. Hopefully there'll be a cross-section of all skills and professions so that we can all serve each other. I know for a fact that my next-door neighbour is a mechanic. I'm going to print a flyer with the headline CREDIT CRUNCH? WHAT CREDIT CRUNCH?

well i am a qualified joiner/electrician/plumber/gas fitter..
i am interested too

[icke_is_right]

I'd suggest buying 1oz silver bullion coins. These are real money. They will set you back about £15 each. Get as many as you can. Later if you manage to set up a bank, then you can deposit them in one location with a trusted org. that you create yourselves.

JPMorgan share price is crashing at the moment. These are one of the main organisations that are holding the price of silver and gold to 'dirt cheap' prices. When they crash completely their derivatives monster is going to be unleashed. Then, the prices of Gold and Silver will rocket beyond belief.

[hagbard_celine]

Originally Posted by jiffy

Now that is revolutionary, just creating yet another Fractional reserve Bank is just perpetuating the problem.

Creating a currency who's only valve and purpose is a means to exchange goods & services is in my opinion the "ONLY" way that you could truly change the system (NWO if you like)

Fantastic Idea I wish you ALL THE LUCK IN THE WORLD!!!!!!!

Thanks. I'm going to make it clear that the currency should be a local exchange method, not a fractional reserve one.

[hagbard_celine]

Originally Posted by the nine

well i am a qualified joiner/electrician/plumber/gas fitter..
i am interested too

Great stuff! Now if there's anyone you know who has skills and services you yourself need, and who is keen on joining you, you can get together and set up your own local LETS scheme.

I'm an experienced hospital porter so I can do things like take old and disabled people out in wheelchairs.

[orwell101]

Originally Posted by hagbard_celine

I'm an experienced hospital porter so I can do things like take old and disabled people out in wheelchairs.

Fuck me, now there's a skill that nobody else has!! LOL

[jiffy]

Originally Posted by orwell101

Fuck me, now there's a skill that nobody else has!! LOL

Yeah and with that attitude I bet there queuing for you

You under estimate others abilities and skills at your own peril "DOUGHNUT"

[bobhodge]

Originally Posted by skyline

I have just read the thread about North Dakota having its own bank and it seems they have a budget surplus so this got me thinking. A bank is a company and what is there stopping us from opening our own bank,think about it.We have this crazy worldwide fractional reserve system and correct me if I am wrong all banks run in the same way and hey we support them,we pay for our prison be it mortgage loan charges the list is endless,so what is stopping us from becoming a bank?We dont even need a high street location as the web is all you need.Lets say 1000 people deposit £100 pounds in our bank using the fractional 10-1 ratio thats 1,000,000 pounds that can be lent.Lets say one of you out there has a 100k mortagage with Barclays,you remortage with our bank paying off barclays with our own illusional money and now our bank can use the asset your home to make more illusionary money which can be lent and the process grows slowly people can break away from the illuminati infested scumbags,hey if people deposit in numbers not expecting huge interest payments then the borrow our illuionary money with little interest

We need to be in control of own destiny maybe this is a way

your positive thoughts please?

there are plenty of laws that stop people running a bank. for a start to open a bank you need at least a million. i know because i have nearly opened a bank in the US, but it is a very political process and unless you can make a few choice payments to higher ups you application gets refused.

[hagbard_celine]

Originally Posted by orwell101

Fuck me, now there's a skill that nobody else has!! LOL

I'm going to charge 5 Oxford Dollars a mile or 7$Ox per hour.

[hagbard_celine]

Originally Posted by jiffy

Yeah and with that attitude I bet there queuing for you

You under estimate others abilities and skills at your own peril "DOUGHNUT"

Orwell101's sarcasm went over my head. That's the best defence against it.

[jiffy]

Originally Posted by hagbard_celine

Orwell101's sarcasm

Orwell who

Fantastic idea.

Let's not talk about it, let's do it!