Financing and Rejection

Financing and Rejection 

Some banks are ready to approve a customer when a mortgage is wanted.  One assumes that when the customer deals with the same bank for many years, the process would allow the long-time customer to receive the mortgage.  

I have experienced the following ordeal where the bank I dealt with did not approve the re-financing of my mortgage, but a bank I never dealt with previously approved it, interesting is it not?

Here is the story:

I approached my bank, and after a few weeks (almost one month) of back and forth, I was declined a mortgage (re-financing of a mortgage).  Royal Bank of Canada (RBC) was my bank and one would assume that my bank was there to help me and other individuals.  That is not the case I find out, it is all about the banks aligning their own interests.   

Dominion Lending Institute

After my rejection, I went to Dominion Lending Institute.  This institute, I have dealt with years prior, but never talked to them in over ten years, and guess what?  They approved my mortgage, just like that.  You believe that? 

I ask now, why would a customer who has dealt with the same bank for many years still continue to bank at a bank that is not there to help customers when help is required?

 Some people will respond and write that banking policy did not allow the approval in one bank, while the other banks policy did.  I believe this rational. can be properly justified, but a customer looks at the bottom line, which is my bank for many years was not able to approve my mortgage, while a stranger bank was able to.  

Move your business

What I did next was rather satisfying for me, I moved my business (bank account etc.) from my old bank to the bank that approved my mortgage.  

I really feel RBC needs to treat me and others with more serious intentions, proper decision structure and respect.   Also, I speak mostly for myself, but do feel this is the new trend, which is customers are not loyal any longer, therefore try to keep them as a customer, since they will move their business else where when they are not dealt with full integrity and honesty.  

New vision

A long term new vision needs to be discussed from top, and passed down to employees at RBC. 

Sincerely, 

Paycheque to Paycheque

Paycheque to Paycheque

Almost 60% of Canadians live paycheque to paycheque; yes you read that correctly.  

I was shocked at this statistic.  

                                      Money

I did a 'quick calculation' of my own finances, and I realized that I am 'almost' one of the 60% mentioned above.  

This is not good. 

Are you as well?

This is 'troubling' for high percentage of Canadians and Americans, and the remainder of the world.  

Also, I should state that this figure is the same as the year before amounts; therefore not much has improved to date for most citizens.  

What is the 'safe' amount to have saved for any unforeseen emergency?

It is recommended that we should have 'three months' salary put aside.  

Therefore, my recommendation to 'myself' and 'you' is that from this date on forward; put 10% of your wages in another bank account, or hide it in your home, to accumulate the three months figure.  

                                                     Save
 

Is this doable?

Check back with me in three months, and I will let you know if I have been able to consistently save a 'small' portion of my wages. 

Thank you for reading.  

Ben here

Puppets within the Federal Reserve

Puppets within the Federal Reserve

The members in the board of the FED, the Federal Reserve, are nothing more than puppets, and do not have actual powers, and they are put there by the Elite Men, who want the policies, the monetary policies to be approved, which will benefit them and not the general public.  

          Federal reserve

I went right into the main point in my blog today, I did not want to write a lengthy blog, as I am getting the impression that people are actually starting to understand and wonder the troublesome path of our banking system.   

This is also true of the members on the board of the corrupt World Bank and IMF, which is the International Monetary Fund; all are puppets and are told how to operate by others.  

I will write in more detail about the World Bank; today, the topic is Puppets within the Federal Reserve.   

The Federal Reserve is not a Public institution, it is most definitely a private entity, owned by a private individual or a group of individuals. 

Let me list the reasons below, which points to the FED, not being a public institution.  

- The FED is not organized within the Executive, Legislative or Judicial branches of the government of the USA.  

- Who pays the FED’s bills and determines its budget? No you are wrong, it is not the government.  

- The FED gets its funding from its own specially privileged operations and the Board determines its own budgets and gets approval by 'Other' parties, who are not in the picture.   

- Who monitors and oversees FED's activities? Again the FED itself.  While some elements of proper auditing have taken place, there has not yet been a comprehensive independent audit, by the Government Accountability Office.

- FED's employees are not part of the US Civil Service System and are not covered by 'government employees’ health insurance or pension programs.  

- Who does the hiring and firing? Except for the highly publicized Chairman and the seven member Washington Board, this is in private, unelected hands.

- Federal Reserve Banks are not listed as government organizations by the telephone companies. 

It is time for the government to take back control of its monetary policy, and therefore the FED needs to be dissolved and/or taken out of the ownership of the 'Elite Men'. 

Sincerely, 

Ben

Lucifer and Albert Pike

Lucifer and Albert Pike

The purpose of WWI, WWII and (the eventual) WWIII are beyond anything the history books teach our children.  

     Lucifer 

I believe the past wars, and the coming one, are all about Luciferian control, plus setting up of burdensome bank debts of the general public, which will control the people's finances (even more) by the elite bankers.  

The Jesuits, Freemasons, Council of Foreign Relations and the mysterious Illuminati are working together to achieve the goal of a 'New World Order'. 

In 1871 Albert Pike, the man who is shown to be the forefather of the Freemasons movement envisioned three World Wars to be followed by an unparalleled economic disaster.   

Mr Pike's plans have come to fruition, shockingly 'on target'.

   Albert Pike

Albert Pike's letter to Italian dictator Mazzini, dated August 15, 1871 is written below, make note that this letter is years prior to WWI. 

"The First World War must be brought about in order to permit the Illuminati to overthrow the power of the Czars in Russia and of making that country a fortress of atheistic Communism.  The divergences caused by the "agentur" (agents) of the Illuminati between the British and Germanic Empires will be used to foment this war.  At the end of the war, Communism will be built and used in order to destroy the other governments and in order to weaken the religions."

"The Second World War must be fomented by taking advantage of the differences between the Fascists and the political Zionists.  This war must be brought about so that Nazism is destroyed and that the political Zionism be strong enough to institute a sovereign state of Israel in Palestine.  During the Second World War, International Communism must become strong enough in order to balance Christendom, which would be then restrained and held in check until the time when we would need it for the final social cataclysm."

"The Third World War must be fomented by taking advantage of the differences caused by the "agentur" of the "Illuminati" between the political Zionists and the leaders of Islamic World.  The war must be conducted in such a way that Islam and political Zionism (the State of Israel) mutually destroy each other.  Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion.  We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil.  Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view.  This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time."

This letter of Albert Pike is devastatingly accurate thus far.   I am hoping WWIII does not come to fruition, and somewhere somehow our politicians will show restraint of aggressive tactics with one another.  

Sincerely, 

Ben

The Moneylenders

The Moneylenders

I came by the below quote that made me reflect on the current times that we are in.  This quote was said by a President, more than 150 years ago, as he realized the importance of keeping a 'balance household budget'.  If we or our country does not properly handle the resources and keep spending in check, the Bankers will surely, come in, and seize everything we own.  

Here is the quote.  

"The Moneylenders preys upon the nation in times of peace and conspires against it in times of adversity.  It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy." --- USA President Mr Abraham Lincoln

          Mr President 

Sincerely, 

Ben 

The Elite Bankers stopping JFK

The Elite Bankers stopping JFK

The theory that we are not made aware of is the subject matter, I would like write about today. 

Since November 22, 1963, the assassination date, there have been thousands of books filled with theory and myth as to why the President, John F. Kennedy (JFK) was gunned down in the city of Dallas.  

The theory I would like to bring attention to is the government of JFK trying to stop the printing of money 'outside' of Parliament, and not in the hands of the Federal Reserve Bank (FED). 

The important date of June 4,1963, is little known as the date that the attempt was made to 'start' the stripping of the FED of its power to loan money to the government at interest.  

We do not realize that the money printed and loaned to the USA government is completed through the FED, which is not a government body.  

On the date stated above, the President, Mr JFK signed an Executive Order Number 11110 that would eventually return the power to the USA government to issue currency, without requiring to go through the FED.  

The President Mr. JFK, with the Executive Order Number 11110, was on his way to eliminating the FED and having the printing of money, backed by 'Silver Certificates' in the hands of the government of USA.  Prior to the Executive order reaching Parliament for passing, guess what occurred?

We are led to believe that there are other reasons why the President of the United States of America, Mr JFK, was assassinated.  

The more plausible reason is that the 'Elite Bankers' stopped the 'Executive Order' and had the President assassinated.  

What ever happened to this 'Executive Order'?

On June 4, 1963, a virtually unknown Presidential decree, the Executive Order Number 11110 was signed with the authority to basically strip the FED of its power to loan money to the USA government at interest.  With the signature by JFK, President declared that the privately owned FED would soon be out of business.  The 'Executive Order' after his assassination, has never been repealed, amended, or super-ceded by any subsequent Executive Order.  In simple terms, it is invalid now. 

Thank you for reading, 

Ben

Red $50 Bank Note

Red $50 Bank Note

The $50 bank note is red in colour, and introduced into circulation on March 26, 2012.  

The note is printed on polymer paper, which means the note is more plastic than paper.  This means that the note is more durable than the cotton-based paper it has replaced.  

The main reason by the Federal Government in implementing the new Canadian bank note is the 'Security' features.  A few of the security features are:

- the same clear windows and metallic images that are seen on the front are seen on the reverse,

- design incorporates a special tactile feature, similar to Braille Dots, for the blind, indicating the denomination of the bank note.  

          Canadian $50

The front of the note:

The front of the note features a handsome portrait of Mr William Lyon Mackenzie King, who was the Prime Minister from 1921 - 1948. 

The reserve of the note:

The reverse of the note shows the Canadian Coast Guard Ship, named 'Amundsen', which is a Research Icebreaker Ship. 

          The back

I was finally able to get my hands on a new/old $50 Canadian Bank Note, at the same time, and took the below two pictures: 

Also, I have written about $5, $10, $20 and $100 Canadian Bank Notes, please look for these blogs below:

$5 Canadian Note

http://onlythebrave10.blogspot.ca/2014/01/5-canadian-note.html

New Purple $10 Canadian Note

http://goodread10.blogspot.ca/2014/01/new-purple-10-canadian-note.html

$20 Canadian Currency

http://goodread10.blogspot.ca/2014/01/20-canadian-currency.html

Big Brown $100 Bill

http://onlythebrave10.blogspot.ca/2014/01/big-brown-100-bill-if-you-are-following.html

I have finally been able to complete my 'series' of trying to picture each of the new/old notes together. 

I will now try to get my hands on a $1,000 Bank Note.  I hear they are in circulation, however to this date, I have never been able to find one.  

Thank you for reading, 

Ben

Fiat Money in Circulation

Fiat Money in Circulation

I wanted to write about our current 'Money in Circulation' as it is a relatively important topic, which is seldom analyzed by citizens.  

'Fiat' money is money/currency in circulation through out the world, without an intrinsic value attached to the money/currency.  

The term originates from Latin Language to mean 'Let it become' or 'Let it be done'.  

What is Money? 

It is a simply what people use as a medium of exchange or a unit of account in a transaction.

The alternative to Fiat money is commodity currency, which is money/currency that has some sort of intrinsic value already.  

Once upon a time all currencies were backed by some kind of a commodity like 'Gold', 'Silver' or another value able item.  

Fiat money is valuable for no other reason than that the Federal Government saying that it is.  Paper money with no 'Commodity Backed' is an example of Fiat Money.  

We currently are using this form of currency in this county.  

Thank you for visiting, 

Ben

Worst 3 Drops in History

Worst 3 Drops in History 

Today, the 'Dow Jones Industrial Average' dropped 326 points to end the day at 15,372.80.  After numerous highs in 2013, the 'Dow Jones' has lost a total of 7.3% since january 1, 2014.  

This 'sizeable' drop made me wonder what was the 'Worst 3 drops in history' of the Dow Jones Industrial.  

Below, are the dates and brief reason for the drops: 

3. 

April 14, 2000.  

Total Drop: 618 points (5.7%)

After learning that core consumer prices had risen 0.4%, which was more than expected, investors got rid of technology stocks in droves.  The sell-off spread to other industries causing all 30 stocks of the Dow Jones to fall.  Between Monday and Friday of that week investors lost a total of 2 trillion dollars.  

2. 

September 17, 2001.  

Total Drop: 684 points (7.1%)

Following the worst terrorist attack in USA history on September 11, 2001, the market plummeted on its first day of trading, after being closed for one week.  

1.  

September 29, 2008. 

778 points (7.0%)

The USA 'House of Representatives' failure to pass President George Bush Administration's 700 billion dollar bailout plan triggered the biggest one-day point drop in the history of the 'Dow Jones Industrial Average'.   The market plummeted, with sellers frantically dumping stocks as fears mounted that Congress would be unable to come up with a speedy fix.  

I hope we never see these kinds of drops again, and 'recovery' is surely in the coming days.  

Thank you for reading, 

Ben here

Big Brown $100 Bill

Big Brown $100 Bill

If you are following this blog, and I sure hope you are, I wrote about the 'new' currency being introduced.  

I have attached the links below, for your reading pleasure.  If the link does not work, please copy/paste to the address bar. 

          New Note on Top

$5 Canadian Note

http://onlythebrave10.blogspot.ca/2014/01/5-canadian-note.html?m=0

Purple $10 Canadian Note

http://goodread10.blogspot.ca/2014/01/new-purple-10-canadian-note.html?m=0

$20 Canadian Currency

http://goodread10.blogspot.ca/2014/01/20-canadian-currency.html?m=0

Today, I will write about the $100 dollar Canadian note, since it was the first time I was able to get in my hands an 'old' and 'new' version of the bank note, at the same time.  I have taken pictures of the front/back of the note.  

The Canadian $100 note is currently the highest valued and least circulated of the five banknotes. 

The 5 notes are:

$5,

$10,

$20,

$50, &

$100. 

The current version of the $100 note was introduced into circulation in November 2011. 

          New Note on Top

This note is made of a durable polymer instead of the traditional paper notes.  

The note is brown in colour. 

The front design:

The front of the bank note features former Prime Minister, Sir Robert Borden

The back design:

The back of the bank note shows the discovery of 'insulin'.

The main reason for the 'new' currency is the security feature of having two transparent windows; which make the notes difficult to forge.  

Of the two windows, the first extends from the top to the bottom of the note and has holographic image.  The other window is in the shape of a maple leaf. 

Have you seen this 'new' currency yet?

Thank you for reading, 

Ben

Bring Down a Country

Bring Down a Country

This will be brief, and I will elaborate in length in the future.  Nonetheless, today, I will state the 3 steps given by the Central Intelligent Agency (CIA) in bringing 'down' and/or 'changing' a countries ruling party, not in favour of USA's vision and future path.  

These steps are not known and kept 'top secret', however extensive research can be completed to find the information.  

1.  Economic Hit-Man:

These highly trained professionals negotiate on behalf of the 'World Bank' and 'Elite Groups' to bride the government of a country to enforce 'their' vision.  The bribing is done in the form of giving large loans to the country and large presents to the ruling party.  The large loans will need to be paid back, with ridiculous interest payments. 

2.  The Jackal:

If the 'Economic Hit-Man' are unsuccessful in bribing the country down by crippling the economy with billion dollar loans, the next step is to send forth the 'Jackal'.  This is a military person, commissioned to take out the ruling person.  

3.  Military Action:

If the 'Economic Hit-Man' and 'The Jackal' are successful; and this happens infrequently, the USA military will be authorized to invade the country.  A full attack by USA will be enforced on the 'innocent' country.  

As I mentioned, I will only only write a brief enlightening introduction here today.  And in the future, I will expand each point in length. 

Thank you for reading, 

Ben

Interest on Loan

Interest on Loan

Previously in this blog, I wrote about how money is created, the blog is titled 'Creation of Money', please look for it.  Today, I'd like to elaborate on this topic by writing about 'interest'. 

Just a quick re-cap; in our current financial system, money is created by debt, by the banks.  The money which was created, did not exist before, every time the bank makes a loan, they create money.  

These loans must be returned/repaid to the banks, plus, the interest.

The 'interest', which is charged at the creation of money, is a problem, since money is created from 'nothing', which would mean, more money will need to be earned by the borrower, to pay the interest.  

But, a 'big' but here, mathematically it is impossible to pay the loan back, plus interest, as  there is not enough money to go around to pay the 'interest' on all the loans outstanding.  

Can you see this?

Did I explain this concept properly?

Most borrowers, can manage to pay back their loans in total; which would be the loan amount, plus the interest.  However, not all borrowers will be able to pay off the loan and interest.  

In order for most borrowers to be able to pay back the loans from the bank, some will eventually seek 'bankruptcy protection', since there is not enough money to pay for the 'interest'.  

Once 'Bankruptcy' is in the picture, the banks will get back most of all of the assets of the borrowers.   

This really is how money is created, it is loaned out to existence.   

Thank you for returning back to this blog,

Ben