Turn On, Tune In, Drop Out: Break the Banks

“The issue which has swept down the centuries and which will have to be fought sooner or later is the People versus the Banks.”      Lord Acton

Turn on, Tune in, Drop Out

This phrase was made famous by the late Timothy Leary and became the battle cry for the counterculture generation of the 1960’s. He was promoting the benefits of LSD as a way to reach ones higher self while detaching yourself from existing conventions and hierarchy in society. In the process of freaking out parents and the establishment, Leary became a poster child for the druggie, free love, hippie generation.

I am no Timothy Leary fan, but I think it is time we reconsider his concept and apply it to Government, banks, and the economy of today. No free love or mind altering drugs recommended in this article, but if we apply the simple concept of Turn On, Tune In, and Drop Out, it would radically change the financial system as we know it. The balance of power would be shifted from a few powerful elites, back to the people where it belongs.

What could be so radical? Be an individual, become educated, and make a choice.

Step One: Turn On
It is time that we awaken to the reality of the world around us. In America, we consider ourselves to be living in the “land of the free” as mentioned in the last line of our national anthem, The Star Spangled Banner. It sounds great, but it is no longer true. We need to realize there is a constant battle between Government and its people. It is not unique to the United States, this battle has existed since the beginning of Government.

Government is always on the prowl to expand its power, but it can only do so at the expense of individual liberties and freedom. It is a zero sum game. Each Government expansion is equal to the amount of individual freedoms lost. If the Government wins, we the people lose.

By Government, I am not only referring to our elected leaders, but I am also referring to the non-elected leaders of large banks and corporations. These private entities, through lobbying, have captured our officials who then rule in favor of the privileged and powerful, rather than according to the constitution and the will of the people.  Corporations and banking lobbyists write the bills which are then passed by our representatives without even being read. (think healthcare, financial regulation) This is nothing new… 100 years ago, it was this shadowy process that created the Federal Reserve and institutionalized the banking cartel which has enslaved the masses for the profit of the few and privileged. The creation of the Federal Reserve was the beginning of the end.

Oligarchy and Slavocracy

Oligarchy: a form of government in which all power is vested in a few persons or in a dominant class or clique; government by the few.

The tyrannical powers of the Government have expanded to the point that in reality, we have become slaves. Not slaves in the traditional sense of the word with physical shackles and chains, but a more elegant form of enslavement through oppressive taxes and legislation. Legislation that doesn’t strengthen our freedom and protection from Government, but legislation that binds us ever closer to Government to the point that: we can do nothing without permission, we can do nothing without surveillance, and we can do nothing without being taxed. We are: New Wave Slaves.

New Wave Slave: One who operates under the illusion of personal freedom, but is in reality restrained by the Government in which individual liberties have been exchanged for the hope and promise of shared prosperity for the collective.

We have become slaves to the very Government whose founding was based on the promise of guaranteeing our freedoms. Of course no government official will ever admit that fact, but then again, the greatest trick the Devil ever played is convincing people that he doesn’t exist.

Once we accept, (Turn On), to the fact that we have become enslaved (New Wave Slaves) and view everything the Government does through the prism of Master vs. slave, you will begin to see the reality of the world in which we live.
Step One: Turn on…

Step Two: Tune In
Become educated and do not fall into the trap of believing the headlines of main stream media or press releases from the Government. The headlines are slanted in a way to promote the agenda of the organization that released them. Many times the Government will take a kernel of truth out of one statistic and give it a completely different perspective from reality. Take for example, the unemployment rate. The often used figure is 9.7%, but actual unemployment is at least 17% (U6) which is also published by the Government. The more accurate, higher number never gets reported. A simple way to boil this down is to quote rap pioneer, Public Enemy. “Don’t Believe the Hype!”

Another important element of “tuning in”, is to look past what politicians or bankers say their intentions are, but become educated on the effects of what they are actually doing. I think everyone knows you can’t trust a politician, so lets take a look at perhaps the most powerful entity in the United States and maybe even the world: The Federal Reserve.

Many have heard of the Federal Reserve, but most have no idea what it is, who it is, or what they do. This ignorance is a prerequisite for the existence of a malicious, blood sucking organization who has had unbridled control of our economy for 100 years.

The Federal Reserve is the central bank of the United States and is a privately owned organization who has the power to create or destroy wealth with the press of a button.  It basically works like this: When the Government runs a deficit, the Fed prints the dollars through the U.S. Treasury, then buys the debt in the form of government bonds which increases the amount of dollars circulating in the economy. The Federal Reserve (Fed) receives interest on those bonds which is paid by the U.S. Government from income taxes collected. The Fed rebates the Treasury after any expenses, but as you can see, this is quite an elaborate shell game. (this is a very simple example, but hopefully you get the idea)

The Federal Reserve creates money out of thin air and is then paid interest totaling billions of dollars per year which is distributed as dividends to its shareholders. The United States is paying interest on its own money to a privately controlled entity! This is clearly a transfer of wealth from the many, to the few. There is no coincidence the personal income tax was instituted within months of the creation of the Fed. How else could the bankers extract wealth and economically enslave the masses in such an elegant form?

Famous Quotes Regarding Central Banks and the Federal Reserve:

“By this means government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.” — John Maynard Keynes

“While boasting of our noble deeds we were careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery. — Horace Greeley

“It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” — Henry Ford

Fiction Becomes Reality
In the book 1984, George Orwell used the term “Newspeak” to describe a language designed by a totalitarian Government. It deliberately gave words the opposite meaning to control thought and make speech against the regime impossible. For example, Orwell used the word “joycamp” for forced labor camps. The “Ministry of Truth” was in reality a unit of disinformation.

This tactic has been constantly used and 99.99% of the people just accept news headlines and sound bytes as fact, and thus join in lock-step with what we are told to believe.

Here are a few examples:
The Federal Reserve’s official mandate is: “to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.” This sounds like a good thing, but in reality, this “mandate” gives the Fed cover to prowl around the economy like a wolf in sheep’s clothing with unlimited power and freedom to do anything it desires without threat of controls or audits so it can “maintain its independence”.

“Quantitative Easing” is another good example of Newspeak. It sounds technical and it sounds like something only a Ph. D in economics would understand, after all, it has the word “quantitative” in it! However, it is nothing more a fancy term for a policy that countless fallen empires and collapsed economies have used throughout history, but our fearless leaders tell us it is different this time around. Let me make it easy for you:
Quantitative Easing = Printing Money

Quantitative Easing (also called QE2 because this is the second round) is nothing more than printing money and issuing additional debt out of thin air. The more debt issued, the more money the Fed makes from interest payments and in turn, the more we become enslaved. The currency becomes worth less (will soon be worthless) due to the loss of purchasing power through inflation and we are then forced to pay the debt from the confiscation of our wealth through taxes. It is an elegant form of theft and enslavement.

Clarity of language is critical for decision making and it is time that we “Tune in” to those decision makers who have the power to exert control over our lives and hold them accountable to not only their words, but their actions as well.
Step Two: Tune In

Step 3: Drop Out
When I say “drop out”, I am referring to dropping out of the economic system as designed by the United States of Oligarchy. (Remember, the banks and Government have become one) Don’t jump to conclusions and assume I am suggesting to move to the woods, buy a farm, and join a militia… that is not my point. In fact, it is just the opposite. I am suggesting to live an examined life of how you participate in the economic system by becoming consciously aware of the economic and financial decisions you make everyday.

At times, it seems like we, as individuals, have no power and we are just spokes in a wheel spinning in circles with no control over the direction of where we are going. But let me assure you, we DO have power. Our power is in being an individual and by the choices we make.

If you are tired of feeling like a pawn in a game, then choose not to play the game. What game am I referring to? I am specifically talking about the banking system, and generally, the current economic system as we know it.

If we want to make a radical change and break free from the chains of enslavement, we need to first make a choice. We need to realize: The power of the oligarchy, is only equal to the amount of power we give them. Until now, we have willingly submitted to their rules, regulations and processes because they have made it easy. They also know we have a natural tendency to fall in line with the status quo. The founders of our country believed in “We the People”, and we have slowly become “We the Sheeple”. It is time to take our power back.

Hit ‘em Where It Hurts
The only way we can make our voices heard, is by affecting the bottom line financially. How? By exposing the fraud and insolvency of the Federal Reserve and the entire banking system. It is time we break the banks and end the corporate welfare which has leached trillions of dollars from the American people, all the while being told it was for our benefit. Of course the banks won’t end themselves, and the Government doesn’t have the political will to do the obvious.

We have elections, but what is the point? The recent political landslide was celebrated for one night, but the very next day, the Federal Reserve showed us who holds the real power in this country by announcing QE2. We were all made poorer because Ben Bernanke (Federal Reserve Chairman) made a decision based on his authority alone (article). The American people were told by the power elite: You can have your little elections, but we have the real power and will use it to our advantage regardless of any election outcome. No single person should have that much power, but then again, when has the Master ever listened to his slaves?

Stand Up to the Banks (and Government)
The largest banks and financial institutions in the United States (with free money from the Federal Reserve) are responsible for the current worldwide depression, yet they are deemed “Too Big To Fail”. They took an extreme amount of risk and made billions upon billions of dollars while giving themselves obscene bonuses because they were “smart”. They knew the risks were so large, that if the value of the securities decreased, (such as CDO’s, CDS, MBS, etc…) Government would have to bail them out to avoid a complete financial collapse. It was moral hazard of the highest degree.

The “Too Big To Fail” banks are guilty of securities fraud, mortgage & foreclosure fraud (known as fraudclosure), and JP Morgan & HSBC have been charged with manipulating the precious metals market (article). It is a den of thieves. These people need to be sent to jail, or at the very least, sent out to pasture. Lets put an end to the current banking cartel and incestuous relationship with the Government that has turned our country into an oligarchy and slavocracy.

Time to Break the Banks
To institute the radical change that is needed in our financial system, we simply need to exercise our power and choose to NOT participate in the system. You can simply, DROP OUT. This is not a boycott, it is a philosophy of taking ownership of the choices we make.  The current system exists only because we choose to participate in it on a daily basis.

Drop out of what? I am suggesting that we drop out of the banking system and the entire economic system that is based on credit and electronic money. It can only exist with the compliance of its participants.

Radical Change in Two Steps

1. Slowly make cash withdrawls from your bank account and empty your accounts as much as possible. (Don’t close your accounts yet)
2. Use cash for your purchases and financial transactions as much as possible.

That doesn’t sound too radical does it? Let me assure you, it is radical if you are a bank or any institution that creates credit or relies on you using credit.

The reality is, banks simply don’t have the cash on hand due to the practice of fractional reserve banking. It is a blatant fraud and the bank is by definition, insolvent. We accept this fraud because it is what we have always been told, and we believe the FDIC insures deposits of the bank. We look the other way because we think our money is safe regardless of the bank or its management. (I wouldn’t count on that…)

[Fractional Reserve quick lesson - The Fed determines the reserve ratio which allows the bank to keep only a percentage of the deposits on hand. The bank can lend the rest. Currently, the reserve ratio is 10%. Here is an example: Alex deposits $1,000 at bank A. With a 10% reserve ratio, bank A can lend out $900 of that deposit to Sarah and keep $100 on hand as reserves. Sarah now has $900 she can deposit at another bank. As this process is repeated throughout the system, the original $1,000 is leveraged to create $9,000 of “money”. (No real wealth is created, there are only debits and credits on a computer screen.) This is obviously fraudulent and inflationary.]

However, leverage works both ways… For every dollar that is removed from the system, the banks have to account for the difference so it can maintain the proper ratios. By removing your money from the bank, you are using the leverage of the fractional reserve system in reverse against the banks. This simple act on your part will show the glaring weakness and fraud in the system and would bring the banking system to its knees. Yes, my dear friend, the individual has power if it is focused and used correctly.

Banks and Government Hate Cash
The banks make it very difficult to withdraw a significant amount of cash that is more than the usual pocket change. In fact, you have to let them know (ask permission) about a larger than normal cash withdrawal in advance so they can order the money from, you guessed it, the Fed. We can only have access to our money when the bank says it is okay.

If you withdraw or deposit $10,000 in cash, the the tellers are required to fill out a form and report it to the IRS. In fact, the tellers are trained to report any activity they deem “suspicious”. We have accepted these cash controls because we are told it may be due to illegal activity, etc… but think about it… It is our money and if we want it, we should be able to get it whenever and however we want without being reported.

The banks need us to not use cash because they simply don’t have it due to fractional reserve banking. (They also can’t charge us fees when we use cash.) It is nothing more than a socially acceptable ponzi scheme and it makes Bernie Madoff look like a small time street hustler.

As an added perk, by using cash, there is no way to track your activity through the economy. The Government HATES the use of cash and the banks don’t like it either.

The Fed and Devaluation of the Dollar
Over the course of the the history of the United States, our money has went from: gold and silver coin, to a certificate backed by gold or silver, to a purely fiat currency, and now we have almost become a cashless society. (The dollar has lost 95% of its value since the inception of the Federal Reserve in 1913. This is yet another form of economic enslavement.)

The evolution of becoming an electronic economy is what allows the Federal Reserve to create “money” at the press of a button and devalue the currency instantaneously. This is no coincidence. While we do not have the option of using a gold standard (yet) for our currency, we can still operate within the current system and have an impact. Simply withdraw your accounts and ask for cash and coin from your bank and use it as often as possible in your financial transactions. The Federal Reserve will still do everything in its power to steal wealth from the people, but at least it will be more difficult and take longer to do if there is a greater use of cash in society.

The Coming Collapse
We are on the verge of an economic collapse that WILL eventually happen. Rather than sit idly by and die a slow agonizing death of a thousand cuts by kicking the can down the road, lets clear the decks and bring about the change that is inevitable on OUR terms. The cartel of the “too big to fail banks” and the Federal Reserve needs to end and we can be a part of that process by simply asking for our money. Interest rates are near zero, so thanks to the Fed’s zero interest rate policy (ZIRP), the opportunity cost of not earning interest is practically zero.

Several countries in Europe have already placed cash controls by making it illegal to have cash transactions above a specified amount. (Greece decreed it illegal to use more than 1500 Euros in a cash transaction) At some point, the same thing will happen in the United States so I suggest to get your money out while you can and make the banks suffer in the process.

By dropping out of the banking system, not only are you reclaiming the power of the individual, but you are also giving the banking system a not so gentle reminder that WE are the customer. If you are tired of bailouts, if you are are tired of corporate welfare, and if you are tired of the intentional destruction of wealth by the Federal Reserve, it is time to put your money where your mouth is. They need us for their survival, we do not need them for ours.
Step Three: Drop Out

The Power of Choice: Radical or Rational?
When individuals begin to realize they do have a choice, it makes the Government and the establishment very nervous… and that is a good a thing. By exercising choice, we will be called radical by those who have the most to lose from changing the system. Those are the very people that we should be scrutinizing rather than blindly following their advice.

Make the rational choice to “Turn On” to the acceptance that we have become New Wave Slaves. “Tune In” to the ongoing control of the masses by Governmental and financial “newspeak” by examining the actual results of policies and actions. Third, “Drop Out” of continuing to be a slave to the system. We do have an option and it is time we make a conscious choice of what our destiny will be.

Will we choose the chains of comfort and familiarity as New Wave Slaves, or will we choose the road less traveled and restore the power of the individual by not playing in a rigged game designed to enslave its participants.

I choose to break the chains that bind, what about you?

Breaking the Chains that Bind…
NewWaveSlave.com

Related posts:

1. The Federal Reserve: Destroyer of Wealth
2. Crash J.P. Morgan, Buy Silver
3. Obama’s New Bank Tax
4. Federal Reserve Video
5. Government Confiscation of Private Retirement Accounts: 401K & IRA