Global poverty - the greatest killer of all

Written by Doctor Edward C Hamlyn MBChB


As Nelson Mandela told an audience of 20,000 people in Trafalgar Square, poverty is a man made condition, it does not occur in nature.

And he also told us that global poverty will become history when we stop creating it.

How do we create global poverty? We target poor people, poor nations for credit laundering.

We use people, who arerepparttar poorest inrepparttar 111984 world and entice them into accepting aid inrepparttar 111985 form of credit. These poor people must then get even poorer, by attempted to turn credit into money forrepparttar 111986 greater glory ofrepparttar 111987 bankers.

There is an infinite supply of credit, because credit is manufactured out of thin air.

The trick is to say that credit is backed by huge assets. Assets which give security torepparttar 111988 recipient of aid, by telling them that money exists somewhere, is some form or another, with which they cannot be trusted, in case they default onrepparttar 111989 loan. But they are led to believe thatrepparttar 111990 credit gives them access to real money.

It is not mentioned that evenrepparttar 111991 richest countries inrepparttar 111992 world are hopelessly in debt and that there is no real money left to lend to anyone.

But "Credit is Okay, don't worry".

The instant that credit is accepted as a loan, international law declares thatrepparttar 111993 borrower now owes money and must payrepparttar 111994 bankers interest, untilrepparttar 111995 loan is redeemed with real money. Of course that can never happen,repparttar 111996 borrower would have to borrow even more money to redeem his debts.

Butrepparttar 111997 poor poverty stricken people, who have accepted credit as a loan of money, must payrepparttar 111998 interest or face even worse conditions. They are forced to grow food and produce cheap goods, both for sale in an overcrowded global market and starve inrepparttar 111999 process.

This trick of getting poor people, to launder credit to create money for bankers is not seen for what it is by anyone. Not even by Nelson Mandela. Nevertheless Mandela knew that poverty is actively created and suggested wiping out allrepparttar 112000 debts and givingrepparttar 112001 poor a clean slate.

Unfortunately all that achieves in practice, is a stroke of a bankers pen, crossing offrepparttar 112002 debt, but there is no attempt to stop more aid being given as credit without a pause. The name ofrepparttar 112003 game is to get credit accepted as a loan of money andrepparttar 112004 interest rolling in.

Credit Report Disaster Through Mistaken Identity

Written by Don Bethune


I've got some very important info I want you to think very seriously about. I'm sure by now you've heard of Identity Theft,...heck you may have even been affected by it. I know many of my friends have.

But how about what may potentially be even a more dangerous threat......."Mistaken Identity". That's right, "Mistaken Identity"! Throughout my career in lending,repparttar absolute biggest problem that I've seen clients encounter when applying for a loan, is someone else's derogatory information showing up on their credit report!

You would not believerepparttar 111983 nightmare I've seen clients go through, when they realized someone else's bad credit history was showing up on their report, causing them to be declined forrepparttar 111984 loanrepparttar 111985 should have easily qualified for. Little did they know that everytime someone onrepparttar 111986 other side of town made a late payment, or decided not to pay at all, another black mark was being added to their credit report!

Believe it or not, I've even seen one specific case where "Mistaken Credit Identity" forced someone into bankruptcy! That's right, a lady came to me wanting to apply for a new home loan. Unfortunately she had recently lost her job, her bills were starting to pile up, and her reserves were running low. Luckily, or though she thought, she had plenty of equity in her home that she could access through a home equity loan, to pad her bank account and give her plenty of breathing room until she landed a new job.

To her shock and dismay, I pulled her credit report and informed her that she did not qualify forrepparttar 111987 loan. She was in disbelief. "I've never had a late payment in my life"! she exclaimed. I told her her credit score and began listing offrepparttar 111988 multiple derogatory entries that were listed. She couldn't believe what she was hearing. How could this happen?

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