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THE ELEVENTH MARBLE

by Michael Rivero

Any five-year old child knows that if you put ten marbles into a tin can, you can only take ten marbles back out. No amount of wishful thinking, dreaming, or praying, will yield that eleventh marble from inside that can. That eleventh marble does not exist. It never did, and it never will. All discussions about the eleventh marble are the product of imagination. The eleventh marble is a fantasy.

Private central bankers issuing the public currency as interest-bearing loans operate on the belief that they can put ten marbles (dollars) into a tin can (the world) and magically get 11 marbles back out. Thus, we may conclude that the the bankers are dumber than five-year old children! But unlike five-year old children, the bankers will take your home, your business, and your nation when they don't get that eleventh marble! The spoiled child may cry and throw a tantrum, but that will be the end of their upset. The spoiled banker, however, in his or her arrogant rage that they cannot have the eleventh marble their imagination says must still be in that tin can, may start a war before they will admit that eleventh marble was never really there.

Economies are like tin cans. Before you can take a marble out, you must have put a marble in. Nobody can give you a marble that does not exist, yet this simple reality is lost to the priests of that fantastic religion called banking in that unholiest of temples called the IMF. Their religious doctrine seems to be that there must always be an eleventh marble inside the tin can, and that the tin can unfairly withholds that eleventh marble, indeed cheats them of their right to the eleventh marble, purely out of spite. That faith in the existence of the eleventh marble, unseen and improvable, is the article of faith the religion of banking rests on. It is far easier to burn the heretics than to question the dogma.

Today we see the bankers, having already retrieved their ten marbles from the tin can, flogging the world for that missing eleventh marble. Greece does not have that eleventh marble, so they turn to Germany and ask, "Do you have an eleventh marble", and Germany replies, "Sorry, but the bankers already took the ten marbles they put in our tin can, and we are searching for an eleventh marble ourselves. Try the Americans." The Americans, of course, have only just surrendered the last of their ten marbles back to the bankers and are looking under seat cushions for that missing eleventh marble nobody seems able to find.

But the eleventh marble will never be found. After all that mayhem brought down on the tin can there still will be no eleventh marble. It does not exist. It never did, and it never will.

The problem with all modern reserve banking systems is that the moment the first bank note goes into circulation as the proceed of a loan at interest, more money is owed to the banks than actually exists. Ten marbles have been put into the tin can, but the bankers see 11 marbles owed back to them. Sooner or later the non-existence of that eleventh marble will create a crises of faith. People will stop believing in the religion called private central banking, and that crisis of faith will bring the system crashing down, as did the Temple of Baal in ancient times when the Syrians saw through the priests' trickery. This evil magic of creating money out of debt was a fraud all along, as fraudulent and silly as the idea that one can put ten marbles into a tin can, and take out eleven.

In ages to come economists will look back at this failed experiment in debt-based currency, and dump it into the same category of human folly as Tulip mania, The Nation of Poyais, Credit Mobilier, the Great South Seas Company, and Mortgage-Backed Securities.

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Originally posted by SignyM:

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The achievers already pay for more than their fair share.

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What is "fair?

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Originally posted by SignyM:
Just as an FYI- over 100 business interests, including the USA Chamber of Commerce, sent a letter to McConnell urging a debt ceiling deal.

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Originally posted by Bytemite:
Yay Frem. Nice find.

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I read yesterday where they're thinking of letting the Senate go first, since it's all so contentious in the House and no deal may be possible.

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Originally posted by AURaptor:

* http://www.taxfoundation.org/news/show/250.html

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From Wiki:

Tax Foundation states that their research is guided by the principles of simplicity, transparency, neutrality, stability, no retroactivity, broad bases and low rates, which they describe as sound tax policy.

Tax Foundation research is generally critical of tax increases, high business taxes, so-called "sin" taxes, tax preferences for the housing industry, and use of the tax code for "picking winners and losers". However, they are against reducing $47 billion in tax credits for the oil industry, and against taxes on growing fossil-fuel carbon emissions. They have spoken favorably of efforts to balance the federal budget with tax reform and significant spending cuts, such as the Bowles-Simpson plan, the Ryan Plan, and the Wyden-Coats plan.

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First, it shouldn't have a damn thing to do with 'fair'.

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Originally posted by dreamtrove:

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Originally posted by SignyM:
Just as an FYI- over 100 business interests, including the USA Chamber of Commerce, sent a letter to McConnell urging a debt ceiling deal.

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Of course they did, where do figure that 1.7 trillion in unnecessary spending goes?

There is nothing the corporatists fear worse than a balanced budget. Hell, they'd rather have fiscally irresponsibke socialism than responsible democracy, and have supported just that many times over the last century.

Check out your corporate enemies and see just how many of them get most of their money from the govt. in either spending, mandates or free resources (hell, not only do the oil companies get to take the oil for free, unlike in the rest of the world, we actually *pay* them to take it, we "reimburse them for their loss" its frickin absurd.)


That's what a ship is, you know - it's not just a keel and a hull and a deck and sails, that's what a ship needs.

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Originally posted by dreamtrove:
They get to create their own consumer in the auto industry, and if they go bust, we bail them out. Now we've repealed all environmental regulations from them, and given them a green light to kill us all. Oh, and we've also appointed them in charge of all our environmental regulatory agencies, so they can block any competition.

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If it has nothing to do with "fair", why do YOU keep bringing that up?

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