By: easypeasysaintandgreavsie
24/09/2009
7:28 pm Yahoo! Profile:
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A senior member of the politics brigade is on record as saying New Zealand borrows $400 million a week. If this is extrapolated the conclusion is reached that New Zealand will be in debt to the tune of $40 billion by 2014. What does this mean? It means that New Zealand "COULD" be insolvent! So how is the NEW ZEALAND CORPORATION continuing to trade? What is it's surety? Maybe it trades on you!!!
Okay before you give the answers: World Banks, IMF etc. I will head you of at the pass... Where do THEY borrow the money from????????
So the question is who makes the money (to be loaned) and why do banks have the ability to only maintain 10% of their liquid assets in hard cash and can close the doors if they reach this limit not allowing the public to get their hands on the PUBLIC'S money if the 10% is reached.
Why is the 90% not in hard cash? Maybe because it is only numbers on screens and NEVER existed. If it never existed and is only numbers on screens how do banks trade in mortgages as they are simply not trading in cash or recognised money. They are trading in numbers on screens which in themselves have no inherent worth. (Of course this was all preempted by the end of the Gold Standard amongst other things).
So, if the banks are trading mortgages and loans which are based upon no inherent value i.e. nothing, could it be said that the interest accrued by these mortgages is actually worth nothing since nothing multiplied by whatever you like is still nothing. Is interest FRAUDULENT!!!!!! LEGAL but unlawful. READ the Bible about usury!
Remember the French Canadians / Quebecois never use the word MORTGAGE as simply translated in French to English means DEATH PLEDGE.
Consider another direct translation in the same languages PARLIAMENT translates as SPEAK AND LIE.....
Time for www.ohcanadamovie.com
Enjoy...... Maybe you may just put this down to hearsay and not research a thing. Still, I hope you like your bubble. Watch out it doesn't burst! Maybe it ... |
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By: ali_marg_nz
24/09/2009
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| Did they happen to mention how much is paid BACK each week?? |
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By: easypeasysaintandgreavsie
24/09/2009
7:36 pm Yahoo! Profile:
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| Well as the total debt will rise to a figure of $40 Billion by 2014 you would imagine that what is loaned out is not paid back in the same amount. Still, I would like someone to come up with a definitive answer.......... |
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By: easypeasysaintandgreavsie
24/09/2009
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A figure of $52 Trillion (American) is what some would say the world owes. But to who?
To whom is this money owed. Please bring forth logical ideas as to how this is all happening! |
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By: easypeasysaintandgreavsie
24/09/2009
8:04 pm Yahoo! Profile:
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Is it happening or do we think this is just happening and go along with the ride!
Do we wish to change it and could a National government declare itself bankrupt and start printing its own money. INTEREST FREE MONEY! But remember the U.S. Presidents that tried that idea???
How many were there? THREE?
Abraham Lincoln! Assassinated, John Wilkes Booth! Lone Gunman!
John F. Kennedy! Assassinated, Lee Harvey Oswald! Jack Ruby (Real Name Jack Rubenstein, go research him).
Oh! And the middle one that everyone forgets................
Andrew Jackson! NOT assassinated but attempted... Got out very quickly.
Bankers do not like INTEREST FREE!!! People have died because of interest!
Quoted by, Amschel Rothschild
"Give me control of a nations money supply, and I care not who makes it’s laws. Mater Amschel Rothschild, founder of the Rothschild banking dynasty."
Is this true???????????? What do YOU think! |
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By: david.simmonds@rocketmail.com
24/09/2009
8:19 pm Yahoo! Profile:
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| These figures are nothing unusual,or no surprise?The National party right through the years have borrowed and borrowed put the country into debt,Muldoon,bolger,Holla nd,Holyoak,they have all been the same,This is when more of our assets will get sold off,to pay back the debt.They tell us that we are out of the recession,That is only what they think we need to know,The unemployment is too increase two fold,(Iguess)May be Key is wanting to ask Obama the Key question,can we pay it back on a never never plan,and we will accept nuke ships into our waters,but keep it a secret? |
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By: vinsenian
24/09/2009
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david
I think you are being a bit narrow minded blaming all of this borrowing on the National Government.
At the beginning of the Labour government's term more than 9 years ago, the figure published was $1,500,000 per hour, the same as now. That figure increased throughout their term in office. |
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By: david.simmonds@rocketmail.com
24/09/2009
8:38 pm Yahoo! Profile:
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| Do you mean that National never sold off most of our assets in the past,closed down freezing works,closed down car industries,woolen mills,shipping,just too mention a few.They do have a very good track record,I have probably been through their past history longer than you have. |
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By: david.simmonds@rocketmail.com
24/09/2009
8:43 pm Yahoo! Profile:
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| also so how do you put the same figure on the past 9 years?you should be in control of the reserve bank.The money has not changed in 9 years?so where did you get your figures from? |
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By: easypeasysaintandgreavsie
24/09/2009
8:45 pm Yahoo! Profile:
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| Okay, this is my problem! You immature party political fools still blame "SIDES". The issue is in the original post. Answer the original post please and keep the thread on track or I shall just re-post it until I get better information and not cr4p! |
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By: beautifull.dats2elles
24/09/2009
8:46 pm Yahoo! Profile:
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New Zealand is the second most indebted country in the developed nations behind America. how cool are we?
source: bill english. |
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By: easypeasysaintandgreavsie
24/09/2009
8:51 pm Yahoo! Profile:
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Please answer! A senior member of the politics brigade is on record as saying New Zealand borrows $400 million a week. If this is extrapolated the conclusion is reached that New Zealand will be in debt to the tune of $40 billion by 2014. What does this mean? It means that New Zealand "COULD" be insolvent! So how is the NEW ZEALAND CORPORATION continuing to trade? What is it's surety? Maybe it trades on you!!!
Okay before you give the answers: World Banks, IMF etc. I will head you of at the pass... Where do THEY borrow the money from????????
So the question is who makes the money (to be loaned) and why do banks have the ability to only maintain 10% of their liquid assets in hard cash and can close the doors if they reach this limit not allowing the public to get their hands on the PUBLIC'S money if the 10% is reached.
Why is the 90% not in hard cash? Maybe because it is only numbers on screens and NEVER existed. If it never existed and is only numbers on screens how do banks trade in mortgages as they are simply not trading in cash or recognised money. They are trading in numbers on screens which in themselves have no inherent worth. (Of course this was all preempted by the end of the Gold Standard amongst other things).
So, if the banks are trading mortgages and loans which are based upon no inherent value i.e. nothing, could it be said that the interest accrued by these mortgages is actually worth nothing since nothing multiplied by whatever you like is still nothing. Is interest FRAUDULENT!!!!!! LEGAL but unlawful. READ the Bible about usury!
Remember the French Canadians / Quebecois never use the word MORTGAGE as simply translated in French to English means DEATH PLEDGE.
Consider another direct translation in the same languages PARLIAMENT translates as SPEAK AND LIE.....
Time for www.ohcanadamovie.com
Enjoy...... Maybe you may just put this down to hearsay and not research a thing. Still, I hope you like your bubble. Watch out it doesn't b ... |
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By: beautifull.dats2elles
24/09/2009
9:03 pm Yahoo! Profile:
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"If this is extrapolated the conclusion is reached that New Zealand will be in debt to the tune of $40 billion by 2014."
Nah, dats why youre all gannapay heaps more gst next year. |
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By: ros6s460
24/09/2009
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The Federal Reserve Bank, they are a private corperation, which prints money out of thin air wich is not back by gold anymore. Loans at interest, f#ck < Interest on money that doesn't exists. Our governments want us to be in dept, this is the goal. Same as relaxing imigration to bring all western countries to one level. third world , easier to introduce one government, one law for all.
Audit the fed is coming., hopfully before they induce WWIII |
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By: phil.baker91
24/09/2009
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| david the one eyed green monster how many times have you licked h.c.'s ar$$e look at the big picture |
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By: alamein001
25/09/2009
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It isnt new ... news, the country borrows 40 billion per year.
Yes we pay back some of the money.... just the interest not the principal
Banks/aka lenders make their money by charging every conceivable fee going... overdraft, late payment, unarranged overdraft, eftpos, cheque, over counter transactions, internet transactions, monthly fee [unless you have more than $500 this is wavered], credit cards, mortgages, personal loans.
The best one of all... transfer funds from one account to another... shows as leaving your account...but doesnt show in the receivers account until the next day.....
In the interim hours it is earning the banks big bucks.... if you take into account the millions that are transferred in this way!
China has its tentacles spread across the world through these banking systems..... with whyte faces fronting them.
America owes them trillions! |
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By: easypeasysaintandgreavsie
25/09/2009
5:25 am Yahoo! Profile:
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Will somebody please answer the question? Who is all the money borrowed from?
Somebody surely knows the answer! |
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By: bigpumpkin30
25/09/2009
5:58 am Yahoo! Profile:
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""senior member of the politics brigade is on record as saying New Zealand borrows $400 million a week. If this is extrapolated the conclusion is reached that New Zealand will be in debt to the tune of $40 billion by 2014""
I hope you don't work for the treasury Easy..My eight year old could tell you that your math is way off the money.. Buy yourself a calculator.. |
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By: alamein001
25/09/2009
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"Who is all the money borrowed from?"
You me and everyone else!
The Banks, World Bank, China.
If NZ has the collateral as with all mortgages... Govt can go anywhere to borrow....
At the end of the day we are the borrowers and our children, grandchildren will be the repayers! |
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By: mar_ja@xtra.co.nz
25/09/2009
6:01 am Yahoo! Profile:
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World Bank?
or burkina afaso? ***
you do the maths easy far out! |
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By: mar_ja@xtra.co.nz
25/09/2009
6:03 am Yahoo! Profile:
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| Nigeria? |
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By: slrofnz
25/09/2009
7:20 am Yahoo! Profile:
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| what about how much money we get back each week?? |
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By: david.simmonds@rocketmail.com
25/09/2009
7:21 am Yahoo! Profile:
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| philis,you sound like a nasty *** I maybe one eyed,but you are two face JK dicky licker |
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By: bronkhorstjohn
25/09/2009
7:47 am Yahoo! Profile:
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David, david, david...............Typic al labourite again, rewritting history to suit themselves. Country had balance of payments surplus in 1972 deficiet in 1975 and budget deficiet from surplu as well didn't Kirk do well...not. Refused to build electricity infrastructure in his term as well ever though he was told it was CRITICAL. Lange Govt. sold the biggest NZ assets Post office being one of them.
As for the corruption lies and incompitance of the Clark years, putting us into recession 6 months BEFORE the global recession hit everyone else. Perhaps you need to reread your history before making such blatantly false and ignorant statements. |
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By: bronkhorstjohn
25/09/2009
7:50 am Yahoo! Profile:
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"Do you mean that National never sold off most of our assets in the past,closed down freezing works,closed down car industries,woolen mills,shipping,just too mention a few.They do have a very good track record,I have probably been through their past history longer than you have."
The business's you meantion were all PRIVATELY owned, so no GOVT. could sell them, STUPID BOY. |
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