Throughout history, even up to the present, when an army captured a city, the first organized act of the soldiers was to loot that city. Soldiers went from door to door searching for valuables such as jewelry, ornaments and other precious objects. They routinely searched shops and city buildings where treasures might be held.
The Germans did this routinely in the Second World War but the Romans were probably the most efficient looters.
The soldiers also took attractive women and healthy young men whom they could turn into soldiers. All the valuable materials were assessed by the soldiers leaders. Gold and other precious metals were sent back to the king from whence the army came.
We can see the acts of looting going on in North Africa today as the citizens form armies to attack their dictators.
Looting can also be done in what seems to be a legal manner, by the government of a country. Legal looting takes the form of passing laws to spend the treasures of the public.
The result of legal looting is the same as the result of the looting by victorious armies: Wealth is taken forcibly from the citizens and sent to the leaders that control the politicians.
AMERICA IN 2011
America in 2011 has become a defeated country.
However, instead of an invading army, its conquerors are POWER GROUPS, such as: International Banks, International Oil Cartels, International Pharmaceutical Companies and International Manufacturers of War Equipment.
These Power Groups have captured and controlled the minds of the majority of American citizens. They mentally coerce American citizens to vote for a select group of individuals who become the powerful leaders of the country and of the country’s treasury.
In the last decade, these leaders have looted America of over ten trillion dollars. They are on the verge of looting up to five trillion dollars more in the next two years.
THE WEALTH OF AMERICA
America’s public wealth is gone. The U.S. Government owes the power groups, in particular the International Banks, over 12 trillion dollars. The remaining wealth lies in its private corporations and the work of its citizens.
For the time being, this is still an enormous quantity, since the international economic relationships with other countries is immense.
But, like the poor countries of Southern Europe, the wealth of the U.S. is trending downwards. We can see this readily as American companies no longer hire new workers and fire old workers as their earning power diminishes. This is occurring in Southern Europe as well.
Knowing this, the International Power Groups want to loot as much as possible, as quickly as possible, before there is nothing left to take.
In America, in the last two and a half years, the Power Groups have looted two and a half trillion dollars. The Power Groups know that if they do not loot the money immediately, the American public will be devoid of any treasure. The unemployment rate will be so high that the citizens will revolt politically and drive the Power Groups from office.
That is why we are seeing such an intense push today to raise the Debt Ceiling.
The Constitution of the United States states that only Congress can authorize spending or borrowing.
Here is a definition of the Debt Ceiling from Wikipedia:
“Article I Section 8 of the United States Constitution gives the Congress the sole power to borrow money on the credit of the United States.
From the founding of the United States through 1917 Congress authorized each individual debt issuance separately. In order to provide more flexibility to finance the United States’ involvement in World War I, Congress modified the method by which it authorizes debt in the Second Liberty Bond Act of 1917, Under this act Congress established an aggregate limit, or “ceiling”, on the total amount of bonds that could be issued.
The modern debt limit, in which an aggregate limit was applied to nearly all federal debt, was established in 1939. The Treasury has been authorized by Congress to issue such debt as was needed to fund government operations as long as the total debt (excepting some small special classes) does not exceed a stated ceiling.”
We can see that only the Congress can allow the growth of debt.
Yet, today, the President, the Head of the Federal Reserve and the Secretary of the Treasury are insisting that the government be allowed to borrow more and more.
Their reasoning is that the International Banks must be paid their interest on the U.S. Bonds that they hold. If not paid, the International Banks will stop lending money to the U.S.
The U.S. then could not borrow more money.
BORROWING MONEY IS A FORM OF LOOTING
The International banks have looted the treasuries of most of the countries of Europe and, obviously, the treasury of America.
This sophisticated form of looting is unrecognized by the general public, both in America and in Europe. The public of America and Europe are under the misapprehension that borrowing money is a positive and beneficial act for the borrower; whereas, in fact, it is a form of looting by the lender.
If you take something, such as Interest, from another group, by simply allowing that group to use money which they must repay, you are looting or robbing that group.
Lending is an immoral and deleterious act which has been recognized as such since the beginning of civilization. Because most of the population of the world believes that lending is an act that benefits the borrower, debt has grown like a forest fire across the planet.
Everywhere on the planet, we see countries and their populations struggling to repay banks that have loaned them money.
Here is an example from what is happening Europe as reported by Bloomberg:
“Italian two-year note yields surged the most in over a year, as the nation’s borrowing costs rose at a debt sale and contagion from Greece’s debt crisis spread across the 17-nation euro region.
Yields on notes from Ireland, Portugal and Greece soared to euro-era records, while German bunds advanced for the fifth time in six weeks as Europe’s politicians clashed over how to craft a new rescue plan for Greece involving private bondholders.
Spanish and Italian 10-year bonds slumped, sending yields to the most since the euro’s inception in 1999, as borrowing costs rose to a three-year high at a sale of five-year Italian securities. France, Spain and Germany plan to sell debt next week.”
Only the Muslim countries have refrained from borrowing, since their religion prohibits borrowing as a form of evil activity.
The Muslim countries do use “partnerships” to skirt the borrowing prohibition. However, the “Partnership” does not allow interest payments.
WHAT WILL HAPPEN IF THE DEBT CEILING IS NOT RAISED?
Only Congress has the power to determine who receives the money from the collection of taxes.
Congress can pass laws that require the Executive Branch to pay those people who are dependent on federal payments, such as, social security recipient, soldiers, etc.
Congress can determine that these groups be paid before the interest on the debt is paid.
At the moment, there is enough tax revenue to pay the special groups and the interest on the debt.
But, the International Banking Power Group, wants to loan more money to the U.S. Government so that they can continue to loot the American public until it has no assets left.
WHO OWNS THE INTERNATIONAL BANKING POWER GROUP?
The owners of International Banks are the wealthiest people in the world.
They are not one family or one group engaged in a form of conspiracy. They are an extremely tiny part of the world’s population, but they have not planned to loot any particular country and thereby destroy its economy.
The looting occurs as a natural process of the system and methods of banks. Banks are corporations whose stock is held by individuals, other corporations and investment funds.
The owners are not intent on destroying the borrowers. But, the process of lending and borrowing is destructive. We can see this easily anywhere in the world.
The managers of the International Banks place politicians into office in governments across the Western World, and these politicians compel their governments to borrow. Subsequently, the managers and bank investors become rich and the borrowing countries become poor–ultimately going into bankruptcy.
We can see this readily in all those countries that have indulged in a form of addictive activity known as borrowing. America has been engaged in this activity for the last half century and is now at the point of bankruptcy.
Since the International Banks work like automatic machines, they cannot stop themselves from lending. The bank investors are now worried because they see that the trillions of U.S. Dollar assets that they hold may soon become worthless.
Even other countries, such as China and Japan, which own trillion of dollars worth of U.S. Treasury paper are becoming frightened as the impending collapse of the U.S. economy becomes more and more evident.
WHAT WILL HAPPEN?
The economic future of America, and, also, the financially weak countries of Europe, is inevitable. None of these countries have the financial resources to repay their debts.
In addition, the institution of austerity measures will reduce their earning capacity.
All of these countries, including America, must default.
The International Banks, as creditors will then begin the last process of looting and take away any treasures that they overlooked.
The public in these countries will try to start over, but their impoverishment will place them at the bottom of the ladder in the global fight for trade.
Social evolution is controlled by the genetics of the social groups that are involved. We are seeing that America and many European countries are weakly endowed with the ability to understand the forces that control their economies.