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The New Numbers Racket -
Credit Cards & Data Loss

By Ted Lang
Exclusive to Rense.com
6-5-7
 
The case for the heavy involvement and therefore total control by the international bankers of the American mass media has often been made by Rense.com contributor and PhD, Dr. Henry Makow. Makow has tied the international bankers to the House of Rothschild and has called attention to their global New World Order conspiracy citing also the Rothschild infiltration and use of the higher echelons of Freemasonry identifying these as "The Illuminati."
 
After the publication by the Zionist-dominated book publishing industry of Dan Brown's two books, excellent and well-researched fiction I must admit, the term "Illuminati" has now been almost as badly compromised and corrupted as is the case with the political terms "liberal" and "conservative." That said I prefer to anchor my opposition to a global one world Zionist government by terms such as "globalists," "international bankers" or "banksters" as Dr. Makow sometimes calls them, and as "global Zionists." Jewish control of newspapers, publishing, TV entertainment and news, radio, Hollywood and the publishing industry, the latter described as being under the control of the "Jewish Mafia" by the late author Truman Capote, all easily allow for Jewish-Zionist control of all of the American media with the exception of only a relatively few websites on the Internet. 
 
Such independent sites, sites like this one, will eventually be abolished and silenced by organized crime in America; namely, American government at all levels. But while honest Americans still have some voice left, it must be used to educate, inform and motivate the American people to action. And the people must be moved to action very, very soon. In Congressman Dr. Ron Paul, we still might have a chance to throttle the Evil Empire we as Americans are now all part of. My national anthem is no longer the "Stars Spangled Banner," but the "Imperial March" theme from "The Empire Strikes Back," aka Darth Vader's theme.
 
Understanding the frightening collusion joining the American criminal and imperial government with our so-called "free and independent press," astonishing crimes, rip-offs and swindles are "going down" and not being reported by the government-media-corporate collusion. Such knowledge would tilt the balance of control taking it away from our elected criminals and their supportive Zionist bankster-financed media. 
 
Credit cards, with their data banks of information and records on each credit card holder, and even the data retained by employers on their employees, have all been converted to the government-inspired medium of individual "ID" control numbers. ID numbers make it easy to shuffle individual personal information and data from one database to another, or from one bank to another, or from one government agency to another. 
 
And of course, all this numericalized depersonalization started with "Socialist Security," initiated by the gold-confiscating Zionist-Communist, Franklin Delano Roosevelt. Criminalizing gold ownership, a source of value, and replacing it with soon-to-be-worthless green paper, thereby creating money and an economy based on debt, falls right into the Zionist agenda launched by Woodrow Wilson in 1913 with the establishment of both the "Federal" Reserve System and the income tax, the latter created in order to repay debt and interest to the Zionist-controlled Federal Reserve System. Thus, the funding means was created allowing Zionist trickery to entangle US unnecessarily in World War I setting up the Zionist state of Israel via the Balfour Declaration in 1917, and impoverishing and destroying one of the world's proudest and most industrialized nations in the world via the Zionist evil that was the Versailles Treaty. It enabled the Zionist bankers to collect from the vanquished nation, Germany, as well as from the victorious United States.
 
Now both our federal government and the American people are up to their eyeballs in financial debt and its crushing interest to the Zionist banking network controlled by the global banksters today headed by Rothschild-Rockefeller. And this financial stranglehold evidences itself most egregiously during the administration of Abraham Lincoln, who undoubtedly outraged and angered the Rothschilds, termed the "New York Bankers" in H.W. Brands' book, The Money Men. Curious how Presidents Andrew Jackson, Abraham Lincoln, and John Fitzgerald Kennedy were shot at after "meddling" in money matters proclaimed the sole domain of Rothschild.  Jackson blocked a national bank, now termed the "Federal Reserve," and Lincoln had the audacity to print his own "greenbacks" to fund his invasion of the South. Currently on Rense, in his article entitled, "The Dollar: An Agonizing Reappraisal," Antal E. Fekete quotes JFK: "We are determined to maintain the firm relationship of gold and the dollar at the present price of $35 an ounce, and I can assure we will do just that." Only President Jackson survived the shooters.
 
The historical attacks on gold and the supplanting of all specie with debt created virtually out of thin air by the Zionist Rothschild global bankers, has removed the word "usury" from our lexicon and replaced debt as America's most important product. Not only is our national debt now totally out of control, the value of the "credit of the United States" is rapidly plummeting with all the Zionist banker-dictated wars that have been assigned to the White House Moron and his enabling Congroids. And adding to this outrageous debt on the part of our federal government, we ourselves as citizens of that debt-ridden nation are plunging ourselves into that same black hole of endless liability and usury.
 
Average credit card finance charges are between 18 and 21 percent. This is usury. Only evil, immoral lenders and criminal loansharks charge this high an interest rate. You can also call it "vigorish" or just "vig." The Mob does! But our United States Congress and our immoral elected representatives are in bed with these shylocks who control them via generous campaign finance "donations." It all works the same way ­ Big Pharma bribes the congroids to weaken and marginalize an already corrupt and barely functioning FDA; AIPAC funds our elected criminals who toe the mark and send our military to fight and die for Israel; and AIPAC defunds and uses mountains of cash to remove its political opponents from public office.
 
And should those of US who get into credit card debt over our heads wish relief and some semblance of freedom, the Congress has made filing for bankruptcy and default of shylock-engineered debt even more difficult and more expensive. Congress passed legislation in 2005 to help "protect" the credit card industry. "Industry?" I see the credit card industry more as a racket protected by the bigger racket of American government.
 
In an article entitled "The Basics: The truth about credit card debt," posted on MSN's website "Money," Liz Pulliam Weston waters down concerns that credit card debt is out of control in America. She starts by offering that, "Conventional wisdom is that we're all hooked and struggling. The reality is, in fact, quite different and less frightening." Weston goes on: "You've probably heard that the average American carries more than $8,000 in credit card debt. It's a figure frequently cited by politicians, journalists and pundits as a sure sign of impending economic collapse. They argue that consumers, already struggling under this massive burden of debt, soon will have to stop spending like drunken sailors. The economic recovery, therefore, is doomed!"
 
Weston offers the analogy of a room full of people along with the presence in that same room of two billionaires. She offers that an average tally of incomes would show a seriously flawed and overstated income average, whereby she draws the similar analogy dismissing claims of an $8000 average debt citing it as a major distortion of fact. Attacking the average credit card debt of $8,000, she states: "The surprising thing about this statistic isn't that it's so widely known. Rather, it's that the statistic paints a picture that's just plain wrong.
 
In reality, most Americans owe nothing to credit card companies.
Most households that carry balances owe $2,000 or less.
Only about 1 in 20 American households owes $8,000 or more on credit cards.
 
These figures are from the Federal Reserve's 2001 Survey of Consumer Finances, one of the most comprehensive assessments of what Americans own and owe. (The survey is updated every three years; a summary of 2004's results will be published in early 2006.)
 
Unfortunately, I was unable to nail down the precise date of her article. Not wishing to be embarrassed by an outraged reader, I Googled "Weston" and "Credit Cards," and to my horror, found yet another Weston article obviously written, I guess, a year later. This time around, Weston was pooh-poohing the new "false" average credit card debt: $9,000! Returning to Weston's first article, she finally fesses up: "Does this mean all the hand-wringing over consumer debt is so much noise? Hardly. Although most Americans seem to be avoiding the credit card trap, there are still plenty of people on the financial edge:
 
More than a third -- 36% -- of those who owe more than $10,000 on their cards have household incomes under $50,000, according to the VIP Forum analysis.
13% who owe that much have household incomes under $30,000.
The percentage of disposable income used to pay debts is still near record highs.
The median value of total outstanding debt owed by households rose 9.6% between 1998 and 2001.
 
Bankruptcies set another record in 2003, with 1.6 million personal filings, the American Bankruptcy Institute reports.
 
All of that is more than enough evidence to suggest that a large number of people are overdosing on debt. The average American, though, seems to be doing just fine."
 
In her second article, Weston addresses the bankruptcy horror created by the "industry's" lobbyists who wrote the law and paid off the congroids: "Bankruptcy judges, trustees and attorneys from both sides of the political aisle warned us loudly before the law's passage that the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was a complete mess. The law was crafted largely by credit lobbyists; attempts by some of the nation's most seasoned experts in bankruptcy law to provide guidance were soundly rejected. Bankruptcy judges across the country have denounced the law as inane and unjust. Longtime Tennessee judge Keith Lundin called it 'a complete piece of garbage.'"
 
But this was precisely part of the reason that I took exception to Weston's earlier article; couldn't she or anyone else see this all coming? The first clue is the usury allowed to the "industry" by Congress. Isn't it becoming increasingly clear that any highly-organized group of criminals can simply buy Congress and its congroids and get ANY "law" passed, no matter how harmful to America and no matter how unjust? According to reporter Paul Wenske writing for The Kansas City Star, in an article posted June 1st entitled, "Midday Business Report: Survey confirms heavy credit card debt for many," Wenske writes: "A new survey released today suggests a whopping 13 percent of Americans carry total credit card balances of more than $25,000. That compares with 64 percent of cardholders with balances under $10,000."
 
Wenske's article continues: "'While the average working stiff may revolve between $6,000 and $7,000 each month, the nation is bloated with credit-card high rollers who carry five-figure balances,' said Robert B. McKinley, head of CardTrak.com. The online site, which tracks credit card use, conducted the online survey in April of just more than 55,000 consumers. The survey also suggests 61 percent of Americans revolve their credit-card debt each month, compared with 31 percent who said they pay off their balances monthly. Seven percent said they had no credit cards.
 
Wenske then conveys the real horror of credit card debt risk, which is not only exacerbated by the rotten bankruptcy law passed by Congress two years ago, but serves to assist the American shylock and credit crook industry in ensnaring yet more unfortunate hardworking Americans: "These findings don't surprise Robert Baker, education coordinator for Housing and Credit Counseling Inc., a non-profit consumer counseling program that serves southern and eastern Kansas. 'The average client that now comes to see us with credit card debt has $28,000 and change,' said Baker. 'Believe me, I've had some who had more.' Baker said he is seeing more clients whose problems aren't reflected in rosier economic surveys. More, he said, are resorting to credit cards to supplement incomes from low-paying jobs. Where in the past consumers sought help early to reduce or consolidate debts before they worsened, more are now coming in with card-debt that is already multiple months delinquent, he said. Many have seen their balances balloon from penalty fees and higher interest rates imposed for late payments, causing their monthly minimum payments to soar. 'If you couldn't afford the payment before, how can you afford it when the value has multiplied by three or four?' he said." That question should be directed to our elected criminals in Congress.
 
The credit card method of purchasing goods and services in America was started to save merchants from having to carry accounts receivable records on their books and having to follow up on collecting them. This is what started it, and was made all the more attractive to retailers and local service providers when an account became delinquent requiring collection proceedings and possible legal action. Merchants no longer had to hire accounts receivable clerks, "A/R" managers, or collection employees. All this was now being handled by a credit card company that obtains cash from a contractually related and/or supporting bank that supplies up front cash to the card company, which in turn pays the merchant immediately for goods sold to credit card users. The credit card purchases, formerly batched by copies of invoices and taken to the merchant's bank for credit to his checking account, is of course, discounted by the credit card company. That is, a charge of 2 to 5 percent is levied on the cash transferred to the merchant's account by the relative credit card sales, and the credit card and/or the bank may split the discounted proceeds. Additionally, the bank earns interest if the individual credit card user's balance goes over thirty days before repayment.
 
When the Federal Reserve was embarrassed publishing information on the increasing volume of paper money in circulation, defined as "M2," the Fed just stopped publishing the information. They can do as they damn well please, and usually do. So even credit card statistics that they report and offer should be taken with a large truckload of salt! Remember, they are not "federal" but simply a private banking operation under the ultimate control of Rothschild-Rockefeller. They either lie or simply fail to report, just like the Bush crime machine, our elected criminals in Congress and the Zionist mass media.
 
Americans are terrified of numbers. As an accountant for over forty years, I have come to notice this. Just utter "1040" and watch a room full of Americans dive for cover. And any person of note, especially a political enemy of the regime in power, will most assuredly attract an IRS audit and its bureaucratic harassment. Americans buy on credit even when they know in advance they really cannot afford what they wish to buy. And even I once relied totally upon the monthly statement "bookkeeping" report from credit cards. I'll just bet the majority of Americans fail to create and maintain their own records and don't "accrue" their debts. This means they don't write down what they have charged in order to compare their records to that of the credit card company. They rely only on their monthly statements.
 
Relying on the credit card company's monthly statement and not keeping track of what they have charged serves all the more to get a family or credit card holder even further into debt. But the "if the family across the street has it, then we must have it" attitude is the ongoing modern version of "keeping up with the Joneses." A new stainless steel barbeque, a new car, a big plasma screen TV, whatever; put it on the card and let's worry about it next month. Combine this with the bombardment of enticements of "You're pre-approved!" and American consumer burgeoning credit card debt continues to spiral upward.
 
The credit card industry has it made! Just like Big Pharma, AIPAC, Big Oil, and the government-military-industrial corporate complex, lobbyists run America because Congress runs on cash! And soft on criticizing shylocks as Weston started out being, is in no way even close to a reasonable approach in assessing the credit crook industry. Consider the consumer competition to trade up to more and more expensive luxury-end automobiles. Consider the boom in backyard swimming pools. Consider as well the increasing home foreclosures; think about middleclass jobs being exported to foreign nations thanks to the continuing treason of our elected congroids; and consider the vanishing value of our paper money thanks to our never ending imperial wars. And consider all those "pre-approved" credit card offers that even multiply the number of credit cards being held by households across America.
 
Now add to all this horror the ease at which identity theft can be initiated. All it takes is for a crook to get a hold of some of those damn numbers all levels of American government shove down our throats along with all those credit card numbers. These include socialist security numbers, driver's license numbers, car registration numbers, gun permit numbers, private sector checking account numbers, credit card numbers, etc. And why the hell do we need that Socialist Security number any longer? The current rate of illegal immigrants entering our once secure nation and intended to be increased by the White House Moron and the traitors in Congress, along with their intent to allow illegals full SS and hospitalization benefits, will totally bankrupt both Socialist Security and Mediscare by the time all of US that paid into these need those bought-and-paid-for benefits..
 
The monstrous increase in ID and citizen registration numbers has created a literal goldmine for the non-congressional criminals. Instead of relying upon individual recognition and human interaction, or at least a fair and just oversight, Congress and the media are ignoring the problem. And this in order to facilitate huge profits for the credit card, banking, data information, storage and processing agencies, and to promote as well "cost cutting" incentives for data possessors and huge database owners. Employers, banks and other large organizational database owners all rely on this new "numbers racket," a horror show in disguise and yet another major burden for America's plummeting economy.
 
And bolstering this major economic threat created by government and the banking industry, we have yet another new flavor of financial ajada: data record losses. That's right folks! Private data entrusted to those who should be trusted, and who are in fact legally mandated to be entrusted with our records, are losing them by the millions! And when speaking of databases and numbers, what organizations come to mind? Think of both the private sector and the public sector. Think of the largest department in American government; and think of the most impressive name in the private sector relative to that time worn term of "data processing." If you come up with the names "IBM" and the "US Department of Defense," go to the front of the class!
 
Back in February of this year, the venerable International Business Machines Corporation lost the personnel records of its retired former employees. That would include me! I left IBM almost 19 years ago because the company was closing the New Jersey facility where I had been based since 1971 and for which I had left New York City. To say that I was upset concerning this upheaval at that time in my life would be an understatement. They covered themselves from sustaining massive legal actions by hiring an outplacement counseling service, putting the entire onus on exiting employees to find continued employment at non-hirable ages. I believed in myself, found work and started another career.
 
Now they're back and in my life again, but this time very much uninvited! Some lady vice president sent me a letter and several marketing memos, pamphlets and brochures, along with her and IBM's assurances that they are looking out for my interests. Really?! If that were the case, why did I have to start a new career at my age and halfway through my work life and just short of the cushions of pension and paid medical retirement benefits? Is it in the best interests of retired IBM employees to also cut their benefits now that many IBM retirees no longer work? Is it in the best interests of retired IBM employees to now require contributory payments to maintain their ever-decreasing benefits that were formerly paid for entirely by the company? It was with this record of dubious concern that threw up a HUGE red flag!
 
IBM "LOST" the records of its retirees, to include the social security numbers, dates of employment and probably other pertinent data they choose not to disclose. They also choose not to disclose HOW MANY records they lost. Additionally, to protect me from identity theft [how nice of them] they were, free of charge, going to hook me up with a professional identity protection firm. And the name of the firm you might ask?  Kroll Associates!
 
I remembered that name, checked Rense, and found what I was looking for. To revisit the complete piece, go to: http://www.rense.com/general74/russ.htm. 
 
The Wayne Madsen article dated January 2, 2007, "911 WTC Links To Russian-Jewish Mafia Revealed," provided the red flag I needed to tell IBM where to get off; specifically, off my back. I responded via first class mail and certified mail/return receipt requested advising them that I wasn't about to hook up with Kroll and I certainly wasn't going to allow them this legal ploy to let them off the hook. I was holding them directly responsible!
 
I quoted Madsen: "Kroll Associates is an enigmatic 'security services' company which has close links to the CIA. Not only is Kroll active in private military contracting in Iraq but it has long been associated with dubious U.S. intelligence activities at home and abroad. According to a knowledgeable source, Jules Kroll, who founded Kroll Associates in 1972, obtained needed funding for his firm from Foothill Capital in the 1980s. Foothill was deeply enmeshed in the Savings & Loan collapses in the 1980s but salvaged itself to become a part of Wells Fargo Bank. And: Krollwas responsible for the security of WTC on 911."
 
In February 2005, Bank of America lost 1.2 million records of federal workers, mostly Department of Defense workers. Most such losses occur when records the holding organization has and is responsible for are transferred to outside contractors for storage. 
 
See 
http://en.wikinews.org/wiki/Bank_of_America_
declares_1.2_million_account_records_%22lost%22
 
The records losses at these database giants in both the public and private sector are, unfortunately, just the tip of the iceberg. See the chronology and the magnitude of these losses posted at thePrivacy Rights Clearinghouse on their website found here:  
 
http://www.privacyrights.org/ar/ChronDataBreaches.htm
 
 
America is in a technology-driven legislative lurch similar to that which ushered in the Industrial Revolution. Back then, "muckraking" journalists provided the agitprop to support then-President Theodore Roosevelt's progressive attack upon big, bad business. But the resultant FDA is a failure and now worse threat than the snake oil industry it is supposed to regulate. And where is that early twentieth century "trust busting" vigor needed to rein in the centralized criminal mass media, the credit crook industry, the oil gangsters and the complex government-military-industrial collusion?
 
History does indeed repeat itself, but this time around it seems much worse!
 
© THEODORE E. LANG 6/5/07 All rights reserved  
 
Ted Lang is a political analyst and freelance writer.
 

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