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On the money-go-round – Truck driver on the case of banking fraud.

2011 December 26
Posted by Parksy

Many thanks to the Taranaki Daily News for publishing an article Sat 24 Dec reporting my saga of exposing the corruption of the current financial system in order that honest citizens can make fully informed decisions within our so-called democratic process.
Clarification of a few interpretations that got confused in what was a large undertaking are at the bottom of copy of articles as published;

Taranaki Daily News published Saturday 24 December 2011 – Researched Iain Parker – Written by Rob Mitchell.

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European Union in meltdown. Global economy stuck in quicksand. The reason? Debt and greed. At the bottom of the world, a “busted-arse truck driver” from Stratford is not surprised. He’s studied the causes for a decade and says its going to get worse. This is Iain Parker’s story.

On the money-go-round

In the movie The Matrix, the world we live in is an illusion, an elaborate computer program set up to deceive and distract the populace from their true purpose: as grotesque units of energy for the machines that now run the planet. Buildings and cars, love and hate, money and madness are all artificial constructs embedded to hide darker, more terrifying truth. Hero Neo is offered one of two pills: take the blue pill and he will continue in his artificial dreamworld, living a lucid lie; take the red pill and he gets to see the awful truth.
This is your red pill.

The machines that harvested fields of human batteries to power their own global ambition actually exist: in reality, they are machinations of global money policy, supply and debt; the vital infrastructure of our national and global economies.

They have been constructed and are serviced to this day by some of the world’s wealthiest individuals and families to protect and augment vast fortunes for their exclusive advantage while keeping the great unwashed distracted and compliant.

And even debt and credit crises in America, Europe and other places around the globe have failed to end their reign. In fact, they have been emboldened, with major financial institutions deemed too big to fail and ironically recapitalised by the state and the victims of others’ greed.

The grand plan may be likened to a global ponzi scheme and was devised as early as 1863.

In that year the most dominant transnational private family bank of today, Rothschild International, was seeking co-operatives in other countries, in this case the United States, to expand a cunning plan they already had in place in Europe and most British colonies.

A letter was sent to Messieurs Iklheimer, Morton and Vandergould, No. 3 Wall St, New York, United States:

DEAR SIRS: A Mr. John Sherman has written us from a town in Ohio, U.S.A., as to the profits that may be made in the National Banking business under a recent act of your Congress, a copy of which act accompanied his letter. Apparently this act has been drawn upon the plan formulated here last summer by the British Bankers’ Association and by that Association recommended to our American friends as one that if enacted into law, would prove highly profitable to the banking fraternity throughout the world.

Mr Sherman declares that there has never before been such an opportunity for capitalists to accumulate money, as that presented by this act and that the old plan, of State Banks, is so unpopular, that the new scheme will, by contrast, be most favorably regarded, notwithstanding the fact that it gives the National Banks an almost absolute control of the national finance.

The few who can understand the system will either be so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantages that capital derives from the system, will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.

Please advise us fully as to this matter and also state whether or not you will be of assistance to us, if we conclude to establish a National Bank in the City of New York.

Your respectful servants,

Rothschild Brothers

Back then, the Rothschild family’s fortune was conservatively estimated at $US6 billion. Today it is thought to be in the trillions.

The Rothschilds, and other of the world’s wealthiest families, own a substantial percentage of the globe’s financial service sector and exert undue influence on its economy through the extraordinary powers of credit creation at the core of our banking services. And the growing, significant levels of debt that stem from it.

That debt, which is threatening to destroy the euro, is at the heart of the machinery behind this elaborate matrix, and the wedge pushing the very rich and the poor apart.

That valuable, exponential debt, and the greed associated with its accumulation, was behind the growth of derivatives and sub- prime mortgages that precipitated the near-collapse of the global economy in 2008. Thanks in part to weak oversight and regulation, which was acknowledged by a regretful former United States president Bill Clinton in an April 2010 interview.

And now that debt is impacting on the sovereignty of those troubled European nations through expectations of such organisations as the International Monetary Fund and the World Bank for sweeping austerity measures attached to bail-outs.

If you think that such murky dealings are a world away from our own shores, consider what makes up the vast majority of New Zealand’s money supply.

New Zealand’s Treasury, in a letter signed off by Finance Minister Bill English, admitted that barely 5 per cent of this country’s currency was made up of actual money.

The rest – at least 95 per cent – is comprised of interest-bearing loans controlled mainly by foreign banks and institutions.

Even the rules and regulations at the heart of our finance sector are outsourced and controlled overseas, which was made clear in a book by Reserve Bank governor Alan Bollard last year.

In the book, worryingly entitled Crisis, he says “banking practices differ around the world but we ensure ours meet international standards. These standards are set by a somewhat shadowy group called the Basel Committee on Banking Supervision. Comprised of representatives of large countries [not including New Zealand], the group meets in Switzerland . . .”

A February 18, 2008, document from the private New Zealand Debt Management Office (NZDMO), which is a conduit for the private international central banking network housed within the Treasury directly across the street from the Reserve Bank, said this: “The New Zealand Debt Management Office will be assuming responsibility for the tendering of New Zealand Government Bonds and Treasury Bills from the Reserve Bank of New Zealand. This follows many years of the RBNZ acting as an agent for the NZDMO.”

It was not always this way. New Zealand, was not always subservient to foreign financial institutions and great familial wealth. Not so long ago we generated our own money and credit.

Back in 1935 the Labour Government issued its own money, and put it straight into circulation free of interest to pay for workers to convert natural resources into 33,000 state houses, creating public assets that could be provided as a public service at the cheapest possible cost to society.

The practice stopped when National got back into government, handing issuance back to private middlemen as loans.

Of Labour’s scheme, the National Opposition of the time said:

“This places them in a unique position; the houses after erection carry no interest on capital cost, and for instance a thousand pound house can be let for 5s per week and be a financial success. The millennium seems to have arrived and it makes one wonder why we had to struggle in the bog, when there was such an easy way out of our troubles; houses, after being built with the highest paid workers in the world, at the lowest cost heard of, makes our policy of orthodox finance seem almost prehistoric.” That “policy of orthodox finance” explains how the banking system, largely controlled by powerful overseas interests, has developed extraordinary power to create the currency supplies of nations by the issue of interest-bearing loans for which the money did not exist until the loan did.

Chapter four of The Creation of Money and Credit, says: “By providing alternative means of settling transactions to cash and by acting as financial intermediaries, banks have created a new entity called deposit money. A drawing on an account is an instruction to a bank to shift deposit money from the account of one of its customers to someone else’s bank account.

“Like cash, deposit money has no intrinsic value other than the fact that people accept it as having value. People accept it because they know other people will accept it for settling transactions. The public’s belief that banks do on average make sound lending decisions acts as the effective backing of deposit money.”

Under this private debt-based currency system, inflation is systemic as prices and taxes must be increased in the futile pursuit of the unobtainable compounding interest portion of the national debt. Leaving countries such as New Zealand to consider selling assets to write-off the debt, sometimes to the very people and organisations that hold the debt in the first place.

Most nations of the world are at varied steps down that same path to debt servitude. It’s worth noting that New Zealand, despite selling off public assets into private hands as long ago as 1961, remains in considerable hock – our national debt obligations continue compounding in excess of earnings.

Leaving the world’s richest families, who have one hand on our money supply and another peddling influence in our economy and politics, to simply get richer and richer.

A bitter pill to swallow.

Truck driver on the case of banking fraud

Taranaki Daily News Sat 24 Dec 2011 Written by Helen Harvey

After a hard day at the wheel of a truck, Iain Parker comes home to Stratford – but instead of putting his feet up, he sits in front of a computer.

He is passionate – some would say obsessed – about the banking system. Mr Parker believes the system is corrupt and his aim is to get the message out so something can be done about it.

His interest began when he and wife Michele were living in Perth and expecting their first child. Realising they would have to live on one wage Mr Parker started to look into the sharemarket with the aim of growing his money.

He spoke to a former colleague who had made and lost a lot of money in the 1980s sharemarket boom.

“He said, ‘Well, if you don’t want to just become someone who donates to a system that is pretty corrupt pull your money out and study it for a minimum of 12 months.”‘ So, he did.

Initially Mr Parker was interested in stories of insider trading, which was a bit like reading a crime novel, he says.

“I was talking to a guy one day and he put me on to this book called None Dare Call It A Conspiracy. I can’t remember the name of the author, but it’s the first I read of the banking system and that’s what started my interest in the banking system.”

He became more and more disgusted at the corruption in the system and how deep it went.

“I actually found out it is a mathematical pyramid scheme controlled by very few people that basically guarantees the transfer of the real wealth of the world to the few who own the financial stocks.”

Most of the research is done, he says. Now it’s about any new information that comes to light.

He has spent more than a decade and thousands of hours, either researching on the internet, reading hundreds of books or watching documentaries. He has even completed NZQA level 3 certificate of New Zealand public sector knowledge online with Weltec.

There is a large community on Facebook that is becoming more aware of flaws in the banking system, he says.

“There is also a new political party called Our New Zealand, which is the only political party in New Zealand that wants to divulge the banking fraud but it’s completely split down the middle on the solutions. Half of the solutions I agree with, the other half I don’t.”

Mr Parker hasn’t joined the party. He wants to remain independent, he says, so he can say what he wants, when he wants. 

How long he spends researching depends on the varying hours he works. For six months he works about 45 to 55 hours a week and the other six months about 55 to 70 hours a week. During his shorter working weeks he would spend about 25 hours a week researching. When he works longer hours he manages around 15 hours a week at the computer.

“In some holiday periods at my keenest I would have hit 50 hours.”

His family has now limited his time on the computer to Wednesday, Friday and Sunday.

The limit was put in place about two years ago, after his wife became concerned that the research was limiting the time he spent with his two children and what impact burning the candle at both ends would have on his health.

He’s “lucky” is wife is still here, he says.

“I’m probably lucky she’s got more patience than most. And in recent times, as pretty much what I’ve studied and exposed has become obvious to more and more people and I’ve had support from higher levels, she realises what I’m on about is quite important. At one time, she probably didn’t realise the importance of it.”

But his obsession has put a strain on their relationship at times, he says.

Mrs Parker agrees. But, at least he is trying to do good, she says.

“Other people sit on their arse and don’t do anything. Iain’s trying to do the right thing.”

He is doing it for his kids.

“As we’re selling assets because of these bogus loans, that are unrepayable because they are allowed to circulate as our entire money supply, we are going to have no public services left. We are ending up looking more like Europe. Even if you have been a casual observer you can see they have nothing left. We’ll see it in my lifetime, I’m 43. We’ll have very few public services. We’ll be paying through the nose for private services. Those countries in Europe have nothing left and they are saying the way to address their ever-compounding interest is to increase taxes.”

The banking system isn’t Mr Parker’s sole interest in life. He enjoys fishing, golf and gardening.

“When this is over and hopefully the economic reality gets exposed and the banking system reformed, I just want to enjoy my family, my kids.”

At the beginning most of his friends and family thought he had gone slightly mad. However, now his family and friends openly support him, he says.

Clarification Letter;

I’d like to thank Helen Harvey and Rob Mitchell for their courage publishing 24-12-2011 story of my saga of informing society of financial system corruption in order that honest citizens can make fully informed decisions in our democratic process.
I was concerned at Rob’s suggestion of the Matrix analogy as I thought it’s been trouble enough getting people interested in a financial system that has evolved into something very hard to seriously comprehend now without being associated with a fictious movie. But Rob I take my hat off to you, the way you wrote and presented it turned out a great analogy.
With wide subjects, and myself at times no doubt sounding like a machine gun with the sites out, a few things got lost in translation I would like to clarify.
In Rob’s article a quote was atrributed to Chapter four of The Creation of Money and Credit when that was the title of Chapter four in a document by New Zealand Bankers Association titled – Banking In New Zealand.
Helen’s article had me saying that new political party OURNZ was the only party wanting to tell us of the corrupted financial system but was unfortunately split on the solutions. I mentioned OURNZ as one of two party’s, the other being Social Credit, which was actually the one I said was split on solutions.
OURNZ policies are very similar to the much needed very founding and seemingly forgotten monetary, banking and credit system reforms of original Labour Party 1909.

http://www.stuff.co.nz/taranaki-daily-news/news/6187162/Financial-crisis-explained

http://www.stuff.co.nz/taranaki-daily-news/slider/6187163/Truck-driver-on-the-case-of-banking-fraudSee

One Response Leave One →
  1. Parksy permalink
    December 31, 2011

    Hi,
    Please email me at public_credit_or_bust@xtra.co.nz
    cheers
    Iain

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