bankers

Bankster’s Confession

Bankster’s Confession on June 2, 2017

What a drama is that of every soul, using its free-will every day of its short life on earth, to choose either the Truth of Our Lord Jesus Christ to attain eternal bliss, or the deceits of the Devil so as to crash at death into the torments of Hell, for ever and ever. “God is not mocked” (Gal. VI, 7), but He cares for every single human soul, doing all he can to bring it to Heaven, short of taking away its free-will. Yet most souls prefer Hell (Mt. VII, 13–14)! However, on the Internet (youtu.be/cRuKmxQSPSw) is the drama of a soul struggling towards the light – a modern Dutch banker who fell deep into the snares of the Devil.

Ronald Bernard’s difficult father led him to believe as a child that the world and men are “far from great.” So the highest ideal of his youth was to make as much money as possible. In several lines of business his natural gifts made him successful, but one day a broker with whom he worked told him that if he really wanted to make money, he should go into finance, just so long as he could “deep-freeze his conscience.” RB laughed, because “self-preservation” had taught him long ago to control his conscience. He went into finance, where the same gifts made him rise higher and higher.

He says he never reached the very top, but he was next to it. His client banks needed agents to manipulate large money flows in such a way that nobody except those in the know could trace what was going on. Thus the elite maintain their position while the rest of society is suppressed, says RB. And “if you want to know what is really going on, follow the money.” The game, as he calls it, of manipulating huge sums of money he loved, and for five years he was very good at it. By playing it he learned how in reality the bankers, governments, secret services, terrorist organisations, etc., etc., are all playing together, so that “the whole world as we think we know it is just an illusion that we believe in.”

However, the human misery which he also saw being caused by this primacy of money slowly brought his conscience back to life. When a colleague told him how a deal which they had brought off to dump lira had bankrupted a family father’s business and driven him to suicide, at first RB laughed, but then he discovered that most of the people he was dealing with were Luciferians who took Lucifer very seriously. He on the contrary found their ceremonies amusing – until the day when he was invited to take part in a ceremony of child sacrifice. The Luciferians were wanting to get a grip on him by potential blackmail if he took part. He remembered his own sad childhood. He refused. Then he realised that “there is a whole invisible world,” and he began reading and discovering and making connections. Not out of stupid prejudice but out of bitter experience, he recommends to anyone wanting to see modern life as it really is to read the Protocols of the Sages of Sion. He says there is a group of people wielding ultimate power who are “carrying an intense hatred, anger . . . an all annihilating force that hates our guts, hates creation, hates life” and means to destroy us completely. Catholics ignore such a statement of reality at their peril. The Rosary is their defence.

As for RB, he tried to soldier on, but the tension between his work and his conscience had become unbearable. His body shut down, and he needed a year to recover, because amongst other things, on his way out of high finance he was “treated” to stop him from ever giving away names of corporations or colleagues he had known. He realised why so many of his colleagues had taken to drink or drugs – or were already dead, whereas the opening up to him of the whole non-material world had given him to see that “he” was more than just his body, and this helped that “more” to survive his body’s total collapse.

Despite many steps taken towards the light, RB names in this interview neither God nor Jesus Christ, but even that omission may be a mercy of God, to reach towards the millions of Internet souls who will run a mile at the mere mention of God’s Holy Name. It is up to Catholics who have the Faith to pray for so many souls that are deeply ensnared in the multiple illusions of modern life.

Kyrie eleison.

Delinquent Finance – II

Delinquent Finance – II on February 4, 2012

Delinquent finance has today a religious significance because it is playing a major part in the enslaving of the entire world by the conscious or unconscious enemies of God, the smartest of whom have to be well aware that their ultimate purpose is to send every single soul down to Hell. However, before we present any other piece of their financial machinery, it is necessary to understand the full delinquency of fractional reserve banking, first introduced in the “Eleison Comments” of October 29, last year.

Fractional reserve banking means that a bank need only hold in reserve, ready to be paid out to customers, a small fraction of the money they put into circulation. It arose in Europe in the late Middle Ages when bankers observed that if they took in as deposits, say, 100 ounces of gold and gave out 100 slips of paper certifying that the owner of the certificate could claim so much gold from the bank, then almost never at any one time would more than, say, ten customers ever bring in a certificate to claim back a deposit of gold. And as long as the people had confidence that the bank could and would always have gold to give in return for certificates, then these pieces of paper could happily serve as money, and as such they would circulate amongst the people.

However, the bankers realized meanwhile that in the normal run of business, they needed to hold in reserve only ten ounces of gold for 100 certificates, or, if they held 100 ounces of gold deposited with the bank, then they could issue 1000 paper certificates. Of these, 900 would have nothing at the bank to back them. They would be “funny money,” created by the bank out of thin air, but that would not matter so long as not more than a proportion of one customer out of ten wanted to cash in his paper for a piece of gold.

If they did, then the bank would not have the gold for all the certificates, and either it rapidly borrowed some gold from elsewhere to hand out, or the people risked realizing what a confidence trick had been played on them. If their confidence in the bank then vanished, everybody would want their money back at once – bank runs are only made possible by fractional reserve banking – and large numbers of customers would be left holding in their hands nothing but worthless pieces of paper. The bank would of course be bankrupt, and one could hope it would disappear altogether.

Thus wherever there is fractional reserve banking, the bank is intrinsically fragile, and it is, ultimately, playing a confidence trick on its customers. Extrinsically, it may protect itself by having a guarantee of support in case of need from, often, a central bank, but that guarantee is only as sure as the guarantor, and in the meantime it gives a dangerous power to any central bank. Thereby hangs another tale of financial delinquency, but that of compound interest must come first.

Power is at stake, and ultimately souls. Let nobody say these questions have nothing to do with religion. Think of the Golden Calf.

Kyrie eleison.

Necessary Child

Necessary Child on December 24, 2011

Constantly in the news today is the world’s financial and economic crisis, especially in Euroland. A Dutch commentator (courtfool.info) proposes for his country a classic solution: get State money out of the hands of the banksters. Christmas may seem a strange moment to consider such money problems, but the whole question is whether apparent solutions are real solutions.

Unless the Euro was positively designed as a means of forcing political unity upon the variety of European nations, it was, as a common currency for a dozen very different national economies, flawed from the start. To begin with it did enable the poorer member nations to borrow and spend, borrow and spend, while it did help the richer nations to export and lend, export and lend, but the process could not go on for ever. When the poorer countries could no longer manage even the interest on their debts, the richer countries were also threatened with the paralysis of their economies by the bankruptcy of their major banks that had made the foolish loans.

At this point the European Commission, the European Central Bank and the International Monetary Fund co-operate to provide emergency funding, in other words to solve the problem of debt by more debt! However, a condition of receiving these funds is that the hopelessly indebted countries must submit to international guardianship, which will impose spending cuts that make the national governments less and less able to rule. As for the richer governments, they too must make themselves unpopular by cutting spending, in order to cover the losses incurred by their major banks’ foolish loans, says Mr.de Ruijter.

Now comes his solution. He says it is simple. Instead of pouring dozens of billions more into a Euro that is doomed to disappear sooner or later, and instead of having the international agencies impose spending cuts, “we can introduce State money.” A State central bank will replace the present central bank which, as in almost all States of the world, is now under private control. The State bank alone will be authorized to create money. All loans will be supplied as State money. All private or non-State banks will be forbidden to create balances out of thin air, in other words fractional reserve banking will be forbidden (cf. EC 224). These non-State banks will receive a fee for their services, but they will not be allowed to charge interest.

And who will control the State bank? Mr.de Ruijter writes, “It will fall under the responsibility of the Minister of Finance, and it will be controlled by Parliament. A commission of well formed people will watch over the long term interest of the money system.”

Well and good. But, Mr. De Ruijter, who will do the forming of these “well formed” people? At what school will they learn truly to look after the common good? And what motivation will be given to them powerful enough to prevent them from being cunningly bought out by the banksters? Democracy? It is democracy that has landed Europe in its present mess!

There is only one true and complete solution: the divine Child in the Crib of Bethlehem. Happy Christmas, dear readers (and thanks to all of you that sent me a Christmas card, but thanks also to those that didn’t!).

Kyrie eleison.

Crisis Films

Crisis Films on September 24, 2011

Two interesting films have already appeared about the arrival in the USA of the financial and economic crisis which has been threatening since 2008 to undermine the whole Western way of life. Both films are well made. Both are persuasive. Yet one says the bankers are heroes while the other says they are villains. If Western society is to have any future, the contradiction deserves thought.

The documentary film Inside Job consists of a series of interviews with bankers, politicians, economists, businessmen, journalists, academics, financial consultants, etc. There emerges a frightening picture of greed and collusion in fraud at the top of American society in all these domains. Free enterprise was the justification for the financial de-regulation of the 1980’s and 1990’s, which gave to the money-men steadily more power until they were able to bring under their control all politicians or journalists or academics of influence. Thus a process of merciless plundering of the middle and working classes is still going on. The anger of the victims is building towards an explosion, but at least for the moment the money-men cannot stop gorging at the trough they have so well designed for themselves. “Greed is good. It makes the world go round,” say the banksters.

In the second film, Too Big to Fail, the dramatic events of autumn 2008 centring around the collapse of Lehman Brothers, a major New York investment bank, are re-constructed. Hank Paulson, then Secretary of the US Treasury, is shown making a classic free enterprise decision by refusing a government bail-out to let Lehman Brothers go bankrupt. But the result is such a shock to the global financial community, threatening a meltdown of worldwide finance and commerce, that Paulson with his comrades in government and with the help of all the leading bankers of New York has to persuade the US Congress to approve a taxpayer bail-out of all the big banks which cannot be allowed to fail. He just succeeds. The system is saved. The government and bankers are the heroes of the day. Once again capitalism is proved to be the marvel we always knew it was – thanks to socialist intervention!

Then are the bankers heroes or villains? Answer, heroes at the very most in the short run, but certainly villains in the long run, because it needs very little common sense to realize that, all society requiring selflessness, no society can be built on greed, meaning selfishness. In any society there will always be the haves and the have-nots (cf. Jn.XII, 8). The managers of society who have the money and power absolutely must look after the masses who have neither, otherwise there will be revolution and chaos. Of course the globalists are planning on this chaos tomorrow to give them world power the day after, but while they may propose, it is God who disposes.

Meanwhile Catholics and anybody who cares about the future should go to see both films and then ask themselves some hard questions about capitalism and free enterprise. How on earth could capitalism be saved this time only by socialism? Is government then really all that bad? Is capitalism really all that good? How can a society possibly depend on greedy men to survive? How can it have got itself into such a dependency? And is there any sign right now that anybody is asking such questions? Or is everybody’s worship of Mammon – let us call things by their name – proceeding unchecked?

Unless Jesus Christ absolves men of their sins through his priests, no post-Incarnation system of society can ultimately work. Capitalism only ever lived off the Catholicism from earlier centuries. It is today’s exhaustion of Catholicism that spells the death of capitalism.

Kyrie eleison.

Capitalism Unfolding

Capitalism Unfolding on December 18, 2010

Selfishness cannot make a society. Now money represents essentially its owner’s claim upon the services of the rest of his society. If then capitalism be defined, in anything more than just economic terms, as a way of organizing society whereby every citizen is to be left free to make as much capital, i.e. money, as he can and will, then capitalism is riddled with contradiction. It is trying to make a society requiring selflessness out of encouraging everybody to be selfish.

Thus capitalism can only survive for as long as members of a capitalist society still have pre-capitalist values, such as common sense, moderation in the pursuit of money, and respect for the common good. But capitalism as defined above does nothing to promote any such pre-capitalist values. On the contrary, it works against them, as selfishness works against selflessness. Therefore capitalism is a parasite, living off a social body whose pre-capitalist values it works to undermine.

This internal contradiction of a society built upon the pursuit of money is reaching its devastating conclusion in the present state of world finance and the world economy. Since the end of World War II especially, the peoples of the world have more and more sought money to provide the material comforts they now prefer to the spiritual comforts that formerly gave purpose to their lives. Admiring and seeking money, they have been happy to let the money-men take power over their societies. Admired and sought after, the money-men have taken to themselves more and more money and power. After all, what intrinsic brakes do money or power have to limit their own further acquisition? None. The bankers turn into veritable gangsters.

Hence, for instance, the invention 10 or 15 years ago of “derivatives,” financial instruments which make a fortune in fees for the banksters who purvey them, but which act upon the delicate mechanisms of world finance like weapons of mass destruction, because they easily fabricate an unreal world of colossal and unpayable debt. In this destabilized and fraudulent world of unpayable debt, a semblance of order is maintained by one government after another fabricating out of thin air vast quantities of “money” to “pay” the debt, but this process can only end up in an inflation which empties of any usefulness the currency involved. Thus all the world’s paper and digital money – for years it has had no other – is now doomed.

But money is to a society what lubricating oil is to an engine. Without oil, an engine seizes up and is killed dead. Without money in a society, exchange becomes much more difficult, and commerce can be slowed to a standstill. If for any such reason the food-trucks (or lorries) could not run, and food ran short, especially in the big cities, what could a politician do to head off the food riots, and to stop the peasants from coming after him with pitchforks? Start a war!

World War III may not be far off. Lord, have mercy!

Kyrie eleison.

Faithless Europe

Faithless Europe on October 10, 2009

Poor Ireland! Poor Europe! Only 16 months ago the people of Ireland in a nation-wide referendum voted against the Treaty of Lisbon (2007), which would have drawn them more tightly into the European Union (EU), but this was not the popular decision that the politicians of Ireland and Europe wanted. So these made a few concessions, imposed a new referendum and got last week the vote they needed. Now the way is clear for a massive reform to stream-line decision-making in Brussels, and to increase the European Commission’s central power at the expense of each member State’s ability to veto its decisions.

What over a third of all eligible Irish voters seem to have chosen last week was surely the material prosperity and consumerism unknown in Ireland before they joined the EU in 1973. Contrast Dr Salazar, the devout Catholic leader of Portugal from 1932 to 1968. Knowing that life, politics and even economics are not just about cheap flights to golden beaches, he preferred for his country “poverty, but independence,” primarily from the international banksters. Their vile media promptly branded him as a “fascist dictator,” but the Portuguese people happily followed him, because it was the revival of their Catholic piety by Fatima (1917) which had brought Salazar to power in the first place.

Yet only 16 years after he died, Portugal joined the EU. Truly the onward march of God’s enemies in today’s world seems inexorable. Any attempt to resist them cuts more and more the figure of a sandcastle resisting the incoming tide. If it is well built, like Salazar’s Portugal, it lasts for a few moments, but give it a few more moments and it too vanishes beneath the waves washing over it. So all Europe is getting itself locked into the godless New World Order, for football and beaches!

Poor Europe! If anybody wants to know what is really going on inside the ever mightier European government in Brussels, “behind the gloss and the tinsel and the avalanche of publications telling us how wonderful and indispensable the EU is,” they should order from info@stewardspress.co.uk the short and well-written “Brussels Laid Bare” by Mrs Marta Andreasen, Member of the European Parliament (MEP). Hired by the EU to work from January of 2002 as Chief Accountant responsible for the entire EU budget, she tells how she immediately ran up against such wholesale maladministration of EU finances that, professionally, she could not “go along to get along.” She was rapidly isolated and discredited, and within five months she was sacked for having tried to do her job properly.

From first-hand experience she writes that Brussels is an extra layer of government “lawless, corrupt, mistaken, undemocratic, bureaucratic, over-regulated and, ultimately, unworkable.” This she attributes to there being in the EU virtually no accountability. Does it not occur to her that the EU may have hidden masters for whom corrupt servants are much easier to manipulate? There is no trace of any such suspicion in her book. She professes her resolve to fight on as an MEP. Alas, faithless Europe no longer deserves her kind, but if she does fight on, in one way or another she will be washed over, even suicided if necessary . . .

Kyrie eleison.