The Eleventh Marble
Templeton residents
who have lost their homes due to foreclosure in the latest Ponzi scheme from
Wall Street may be interested in learning about what has become known as “The
Eleventh Marble”. Some residents
may have lost their homes due to a lost job or health reasons but some also
lost their homes due to variable rate mortgages that moved upwards and became
unpayable, it is the latter group that has become victim to “The Eleventh
Marble.”
The Eleventh Marble
is a concept that involves usury or interest on a loan. The explanation to this
concept involves putting ten marbles in a can and somehow expecting to get
eleven out of the can. The
eleventh marble is the interest on the ten marbles. Because there are only ten marbles and eleven are owed some
portion of the loan must be paid with something else of value, someone,
somewhere, is going to lose something of value to who ever loaned the marbles
out in the first place. For those who could not make the increased mortgage
payments they fell victim to “The Eleventh Marble” by loosing their home.
This same concept can
be used on whole countries. By
lending money to countries that are in need bankers can place those countries
in “The Eleventh Marble”.
Wars are a great way of getting countries into debt or “The Eleventh
Marble.” World War One comes to
mind for America.
Hypothecation is a
term used to explain how bankers can actually own a country but not take
possession. By following the money
much can be learned about our current situation worldwide. The following link is an excellent
primer on money as debt.
By learning who is
the creditor and who is the debtor much can be learned by who controls what we
see, hear and read.
It would appear at this time we are all
controlled by that “Eleventh Marble” or money as debt.
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