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Wednesday, 1 July 2015

Your Property is the Last Resort of the Fractional/Central Banking Complex

I do not have a fundamental issue with a fractional reserve banking system nor with a central bank as a banker's lender of last resort. What I do have an issue with is 'the state' using its monopoly power of violence based coercion (the threat and use of force) to tax the people and underwrite that central bank.

In a stateless society people could legitimately offer banking services which employed a fractional reserve method of money creation and dealt in a form of money brought-about in this way. These banks, by way of assurance of their eventual solvency, could employ the services of central banks to effectively 'insure' their ability to repay depositors.


What those stateless central banks could not legitimately do is force the public to underwrite their losses. It would then just be up to the prospective customers of such banks to judge if they believed their deposits were safe in such institutions. And if those banks went bust the owners and directors of the bank would be liable to the creditors for their losses, every penny of their personal assets would be liable for forfeit.

So I think it is important to, truthfully and accurately, identify the real 'elephant' in this room. The elephant is not money, not fractional reserve money creation, not the bankers, not the banks, not the central banks, not even the inflation of an over-produced fiat currency. The elephant is the relationship between 'the state', money and banks, a relationship which indemnifies the banking system from its losses at the expense of an unwitting public.


It may be that the bankers have manipulated and cajoled 'the state' into the position of offering their commercial interests this indemnity (along with the protection of limited liability incorporation); that much is apparent to those who have studied the history of banking. But that is the prerogative of businesses: take whatever advantage you 'legally' can within the prevailing system.

Clearly 'the state' should never subcontract the function of the creation of money to entities outside of itself and yet continue to offer the resources of 'the state' to back-up that non-governmental commercial banking system. But whilst there is a central power, such as 'the state', it will always be at risk of being subjected to whatever pressures can be brought to avail. Pressures to turn the power of 'the state' into the service of those who would see that 'usurpation of power' gives them an irreproachable commercial benefit.


'The state' is, first and foremost, the mechanism by which the money-power and ruling oligarchy does their bidding. That is the purpose of 'the state' and all other apparent functions just illusionary 'window dressing' to fool the people into the belief that the role of the state is to serve the interests of the people.

Friday, 5 June 2015

Is My Enemy the State


I suppose the solution goes something like this: 'the state' does not exist, it is a belief, it is an illusion, it is a just another cult (but nonetheless a cult that is extremely prevalent - perhaps the most widespread cult in the history of humanity). Once people stop 'believing' in this, the 'cult of the state', it disappears, poof! (like a monster from a dream fades to nothing as soon as the dreamer wakes).

If 'the state' does not exist who is it that is a constant threat to the freedom of people. The answer, plain and simple, is: it is those who act as though the state is real and believe legitimises their various actions supposedly carried-out on the behalf of that belief they call 'the state'.


Those servants of 'the state' need to be fearful, fearful that, as this simple but evasive comprehension spreads, (that the state is a false construct which is harmful to the betterment of human society), that they, as willing agents of the imagined state, will be held personally accountable for their actions. Morally, financially and punitively. It will become 'risky' for them.

If it comes to a 'war' between 'the state' and 'human society', the people, in rebellion, will not be targeting the hard, the armed militarised police on duty, but will target the soft, all those 'servants of the state' who suckle on the teat of succour.  (Succour that is no less than the produce of stolen property obtained through the threat and use of violent force and the coercive system of physiological deception. They will soon need to live in fortresses and those fortresses will then quickly become no less than their jails).

Wednesday, 6 May 2015

I'm King of My World (and so are you)

I am a monarch, ruler and subject, sovereign of myself and myself only!  A state of anarchy does exist, has to exist, can only exist; now and at all times.

The impositions and bamboozlements of the believers in the cult of 'the state' has to work against, deny and hide this constant state of anarchy from view.


'The state' is false, an illusion, and therefore does not exist.  'The state' is just cult members doing whatever it is they think they are required or authorised to do.

There is only one freedom and that is the freedom of your mind.  They may chain you to the ground but whilst your mind is free you are free.

End 'the state'!