The ‘Invisible Hand’ of early economist Adam Smith
Labor-nomics too is fraught with Adam Smith’s free marketing ideology which has destroyed Australian manufacturing and handed our historical manufacturing capabilities to China and Asia thanks to the treacherous free trade policies of Labor PM Bob Hawke who should go down as the most corrupt Prime Minister in Australian history.
In the meantime the present PM Albanese will be remembered as the most incompetent, international puppet Australia has ever had to suffer. He is about to hand over the Reserve Bank of Australia to official international control.

Interest charged on anything is anti-Christian
The, 1937-full-royal-commission-report-into-australian-monetary-and-banking-systems.pdf – shows us why they have got Australia “by the balls”.
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“Dissents and reservations” in the above are well worth a read
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PROTOCOL No. 20
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29. Every kind of loan proves infirmity in the State and a want of understanding of the rights of the State. Loans hang like a sword of Damocles over the heads of rulers, who, instead of taking from their subjects by a temporary tax, come begging with outstretched palm of our bankers. Foreign loans are leeches which there is no possibility of removing from the body of the State until they fall off of themselves or the State flings them off. But the GOY States do not tear them off; they go on in persisting in putting more on to themselves so that they must inevitably perish, drained by voluntary blood-letting.
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TYRANNY OF USURY
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30. What also indeed is, in substance, a loan, especially a foreign loan? A loan is – an issue of government bills of exchange containing a percentage obligation commensurate to the sum of the loan capital. If the loan bears a charge of 5 per cent, then in twenty years the State vainly pays away in interest a sum equal to the loan borrowed, in forty years it is paying a double sum, in sixty – treble, and all the while the debt remains an unpaid debt.
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31. From this calculation it is obvious that with any form of taxation per head the State is baling out the last coppers of the poor taxpayers in order to settle accounts with wealth foreigners, from whom it has borrowed money instead of collecting these coppers for its own needs without the additional interest.
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32. So long as loans were internal the GOYIM only shuffled their money from the pockets of the poor to those of the rich, but when we bought up the necessary person in order to transfer loans into the external sphere, all the wealth of States flowed into our cash- boxes and all the GOYIM began to pay us the tribute of subjects.
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33. If the superficiality of GOY kings on their thrones in regard to State affairs and the venality of ministers or the want of understanding of financial matters on the part of other ruling persons have made their countries debtors to our treasuries to amounts quite impossible to pay it has not been accomplished without, on our part, heavy expenditure of trouble and money.
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34. Stagnation of money will not be allowed by us and therefore there will be no State interest-bearing paper, except a one per- cent series, so that there will be no payment of interest to leeches that suck all the strength out of the State. The right to issue interest-bearing paper will be given exclusively to industrial companies who will find no difficulty in paying interest out of profits, whereas the State does not make interest on borrowed money like these companies, for the State borrows to spend and not to use in operations. (Now we know why President Kennedy was assassinated in 1963 when he refused to borrow any more of the “Bank Notes” from the bankers of the Federal Reserve Bank and began circulating non-interest bearing “Notes” of the “United States of America”!!!).
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35. Industrial papers will be bought also by the government which from being as now a paper of tribute by loan operations will be transformed into a lender of money at a profit. This measure will stop the stagnation of money, parasitic profits and idleness, all of which were useful for us among the GOYIM so long as they were independent but are not desirable under our rule.
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36. How clear is the undeveloped power of thought of the purely brute brains of the GOYIM, as expressed in the fact that they have been borrowing from us with payment of interest without ever thinking that all the same these very moneys plus an addition for payment of interest must be got by them from their own State pockets in order to settle up with us. What could have been simpler than to take the money they wanted from their own people?
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37. But it is a proof of the genius of our chosen mind that we have contrived to present the matter of loans to them in such a light that they have even seen in them an advantage for themselves.
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38. Our accounts, which we shall present when the time comes, in the light of centuries of experience gained by experiments made by us on the GOY States, will be distinguished by clearness and definiteness and will show at a glance to all men the advantage of our innovations. They will put an end to those abuses to which we owe our mastery over the GOYIM, but which cannot be allowed in our kingdom.
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39. We shall so hedge about our system of accounting that neither the ruler nor the most insignificant public servant will be in a position to divert even the smallest sum from its destination without detection or to direct it in another direction except that which will be once fixed in a definite plan of action. [Is this why a “private corporation,” known as the “Internal Revenue Service,” is in charge of collecting the “payments” of the “Income Taxes” and the IRS always deposits those “payments” to the Federal Reserve bank and never to the Treasury of the United States?]
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40. And without a definite plan it is impossible to rule. Marching along an undetermined road and with undetermined resources brings to ruin by the way heroes and demi-gods.
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Read on –
This Babylonian Money-magick is considered the biggest financial fraud in history. Why? Because it involves the sleight of hand and trickery of lending citizens what should be their own money at pernicious interest.
Why should nations continue to pay billions of dollars in interest on “loans” that bankers fraudulently create.
Banks can have no “money” until a bill of exchange or promissory note is deposited and is monetised into their Babylonian usury charging bank currency – monetised debt. “EVERY OBLIGATION, HERETOFORE OR HEREAFTER INCURRED, SHALL BE DISCHARGED upon payment, dollar for dollar, in any coin or currency which, at the time of payment, is legal tender for public and private debts . . .” A debt cannot be paid with a debt. It can only be discharged. . We have a “PUBLIC NATIONAL CREDIT SYSTEM” where debt is “LEGAL TENDER” money.
h ttp://www.austlii.edu.au/au/legis/cth/consol_act/antsasta1999402/s195.1.html
Two loans are exchanged –
h ttp://archive.org/stream/BankstersGangstersTraitors/BankstersGangstersTraitors_djvu.txt
BANK MORTGAGE BUSINESS IS AN UNCONSCIONABLE SCAM
THE PROCESS STEP BY STEP
Borrower Signs the Bank’s Loan Contract and Mortgage
Borrower’s Signature transforms the Loan Contract into a Financial Instrument worth the Value of the agreed Loan Amount
Bank Fails to Disclose to Borrower that the Borrower Created an Asset
Loan Contract (Financial Instrument) Asset Deposited with the Bank by Borrower
Financial Instrument remains property of Borrower since the Borrower created it
Bank Fails to Disclose the Bank’s Liability to the Borrower for the Value of the
Asset
Bank Fails to Give Borrower a Receipt for Deposit of the Borrower’s Asset
New Money Credit is Created on the Bank Books credited against the Borrower’s
Financial Instrument
Bank Fails to Disclose to the Borrower that the Borrower’s Signature Created
New Money that is claimed by the Bank as a Loan to the Borrower
Loan Amount Credited to an Account for Borrower’s Use
Bank Deceives Borrower by Calling Credit a “Loan” when it is an Exchange for the Deposited Asset
Bank Deceives Public at large by calling this process Mortgage Lending, Loan and similar
Bank Deceives Borrower by Charging Interest and Fees when there is no value provided to the Borrower by the Bank
Bank Provides None of own Money so the Bank has No Consideration in the
transaction and so no True Contract exists
Bank Deceives Borrower that the Borrower’s self-created Credit is a “Loan”
from the Bank, thus there is No Full Disclosure so no True Contract exists Borrower is the True Creditor in the Transaction. Borrower Created the Money. Bank provided no value.
Bank Deceives Borrower that Borrower is Debtor not Creditor
Bank Hides its Liability by off balance-sheet accounting and only shows its Debtor ledger in order to Deceive the Borrower and the Court
Bank Demands Borrower’s payments without Just Cause… Deception-Theft-
Fraud
Bank Sells Borrower’s Financial Instrument to a third party for profit
Sale of the Financial Instrument confirms it has intrinsic value as an Asset yet that value is not credited to the Borrower as Creator and Depositor of the Instrument
Bank Hides truth from the Borrower, not admitting Theft, nor sharing proceeds of the sale of the Borrower’s Financial Instrument with the Borrower
The Borrower’s Financial Instrument is Converted into a Security through a Trust or similar arrangement in order to defeat restrictions on transactions of Loan Contracts
The Security including the Loan Contract is sold to investors, despite the fact that such Securitization is Illegal
Bank is not the Holder in Due Course of the Loan Contract …only the Holder in Due Course can claim on the Loan Contract
Bank Deceives the Borrower that the Bank is Holder in Due Course of the Loan ……………”
Thomas Jefferson once said:
“I believe that banking institutions are more dangerous to our liberties than standing armies . . . If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] . . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered . . . The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” — Thomas Jefferson — The Debate Over The Recharter Of The Bank Bill, (1809)
h ttp://www.barefootsworld.net/prophesy.html
The Adam Smith Myth
https://mises.org/library/adam-smith-myth
“Whitlam was worse for he set in train most of our woes by throwing University slots out to anyone who walked slowly past the Uni front doors ”
Not quite true. Whitlam had some major flaws but he turned university entry into a matter of qualification on academic merit rather than on ability to pay through the nose.
Plenty of gifted kids from poorer families finally got a chance to shine once their poverty ceiling was removed.
Senator Rennick is definitely for the people – they demoted him to the back bench because they didn’t like that. He will be one of the good men to vote for in the next election – I think he will run as an Independent. Let’s vote these good men in and get rid of the duopoly!
We desperately need change in this country and the people should stand together and vote en masse to change the current system before its too late.
Dandy: “A good Treasurer has the interests of Australians first.
At the very least, he should be honest with them about International banking interests and how it all (truly) works.”
Great post, Dandy. If the plebs knew how the system works and who runs it the system would be demolished by them in 60 seconds flat!
That’s why it’s critical to keep them stupid, ignorant and docile with bread and butter issues such as what colour of undies Kim Kardashian is wearing today.
They let us polish the crystal ball but we’re not permitted to look into it.
The RBA (Reserve Bank of Australia) needs a light shone on it’s claims as a ‘reserve’ and a ‘bank’ for Australians.
It is merely a branch from America, one of their central ‘banks’ which has been placed as an authority inside of our Government (Corporate) structure to tell our Government what to do.
In many ways like any Corporate ‘Department’ allocated too much power and too much say.
The Mother ship of this parasitic debt-based advisory service is the American ‘Federal Reserve’ private entity that is neither Federal or a Reserve either.
In marketing terms the word ‘reserve’, is used as if all roads ultimately lead to them.
Because they said so.
They are the self nominated back up.
It is all so screwed up and has been for a long time.
The Federal Reserve, as we know it, is merely a bunch of International bankers who have controlled a portion of the world’s financial system since the days of the titanic.
While some Countries continue to hold onto this well crafted ponzi scheme, other Countries appear to have shown their ‘central banks’ the door in more recent days and to have moved on.
Unfortunately, Australia is not one of them.
Senator Rennick refers to the RBA as though they are an integral part of the Australian Government and he has a few suggestions for them.
Until this rhetoric changes, it highlights that as a Country, our Government remains captured.
Nothing will change until Australians see our own financial set up for what it really is.
Or until the entire financial system finally collapses.
Which could be sooner rather than later?
Or will it just be a restructure to a ‘central bank’ digital currency, CBDC?
To keep the same controllers in control.
The Australian Treasurer seems willing to stay the ‘central bank’ RBA course.
Senator Rennick should be calling him out.
Is there another way for Australia?
A good Treasurer has the interests of Australians first.
At the very least, he should be honest with them about International banking interests and how it all (truly) works.
What is there to lose?
The International private ponzi entity does not give a hoot what any Politician thinks, or any Australian has to say about the way they do business anyway.
The PM that brings a bill to the floor of parliament to return Australia’s money supply to the Gold standard will be pushing up daisies before the bill reaches its second reading.
Senator Rennick is one of about a dozen Australian politicians working for Australians and earning his salary. The rest are purely parasites or have been compromised. It is a pity that Senator Rennick will most likely be lost from Parliament at the next election unless he teams up with other good pollies.
“He was also a Rhodes Scholar”
A rather more civil version of the School of the Americas … But unlike the others, it seems Abbot may have had a little too much spine for them in the end. Conscience and patriotism can be such a bitch.
Joe Bogan said – “… If Putin was really a tough guy as he is made out to be, he would put his biggest ever bomb right onto Canberra™…”
TBH, IMO that would make him a genuine humanitarian – tough love for the greater good, so to speak.
But let’s be pragmatic here, the biggest Russian bomb ever detonated was the Tsar Bomba which was about 50 Megatons yield. The Russian scientists could have dialed it up to 100 Megatons, but the delivery plane wouldn’t have been able to escape the blast, so they kept it at just 50. As it was, they only just made it.
Canberra, meanwhile, being one of just several global hubs for all things Satanic, IMO warrants AT LEAST a 100 Megaton cleanse, preferably airburst at around 10 km. Let’s time it for a full sitting of Parliament with all the State Premiers in attendance for the BS fake “National Cabinet” as well – that should do the trick nicely.
See for yourself…
.com/nukemap/ (stick “nuclearsecrecy” at the front)
A crater 430m deep and 2km wide centred squarely on Parliament House should do the job nicely.
Let’s face up to it, folks, if we don’t do something sometime soon to turn the ship around, a dire and irretrievably deteriorating situation is eventually going to call for drastic measures.
Brian Johnston said – “… Abbott was an a$$…e.”
He was also a Rhodes Scholar, just like Bob Hawke before him and Malcolm Turnbull after him.
And his Environment Minister was Greg Hunt, a 2003 WEF Young Global Leader and former WEF strategy director.
And his Treasurer was none other than Joe Hockey, a 2006 Young Global Leader.
So although Abbot was the best role model for young Australians of any Prime Minister ever, with his budgie smugglers down at the Surf Lifesaver Club, and out fighting fires at the coal-face with the SES, he certainly has a suspicious pedigree and worse, was surrounded by Globalist True Believers who undoubtedly poisoned the chalice big time.
And Hunt’s subsequent role as Health Minister under serial child-trafficking paedophile and pathologic embezzler Scotty from Marketing put the nail in Australia’s coffin.
Two independents who were bribed by ALP. They should not be forgotten in despatches either. Editor
As usual the Liberals kick out anyone who has any intelligence. Ed
We have a copy of Jeffery’s flight logs somewhere in archives. Some interesting passengers from memory. Editor
Just trawl back through 10 years of posts and you will find the answer. We have led the way on every important issue and probably covered many more issues than most others. Fro local to International. You must be a relatively new reader. I can’t speak for other alternative sites but off the top of my head I could recommend Gumshoe News and Citizens Electoral Council. The retired League of Rights probably did more to educate people over 55 years of in-depth meetings than any other news source I can remember. Editor
Nelle C and others. Abbott was an a$$…e. He closed the auto industry.
His wife I believe worked for the Rothschild’s.
His climate change minister was a believer. Greg Hunt
Joe, I know exactly what the story is and couldn’t agree with you more; unfortunately, you have to be more surgical than that or we lose. Remember, the average IQ of every first world country is 100 or 101, this is where “they” have the advantage. It has to be worldwide, it has to be overnight and there’s only one body that can do that.
Commenter TonyR,
The interface between us and the bankster debt / Swissy’s UN offshore governance-by-treaty is Canberra™. If Putin was really a tough guy as he is made out to be, he would put his biggest ever bomb right onto Canberra™, turning the entire place into powder form, then all 6 states would be free again like they were in 1900, printing their own money and making their own laws. Canberra™ is taking all our money and handing it over to banksters, while trying to kill and maim us with their injections, and lying about it, as they gleefully direct us into Rockerfellas’ HospitalSystem™. Surely we would all have good cause to be grateful to Putin if he were to take such decisive action.
We can talk about it ’till the cows come home…..this country can only be fixed if it belongs to us…..and there’s only one way to do that!
Thanks you dear Senator Rennick.
The first bit of real economic intelligence I have heard from an Aussie Poli. Please make him Prime Minister as what he says is spot on.
Aussies have been so dumbed down they just go along with the media and poli idiots telling them that interest rate rises benefit us . Never farther from the truth. They inflate inflation, not lower it, causing every small business and household to struggle and strive for existence.
Woe unto you who called good bad and bad good. Liars and evil men run this country.
Botswana O’Hooligan (thanks, I am using my real name), thanks for your thoughts. I got a university education because of the innovations you traduce. Admittedly, though, I could not stand five minutes in universities as they are now. Can it all really be blamed on Gough Whitlam? He rather than Menzies was the last of the Queen’s men, whatever concessions he made to mainstream Labor doctrine.
Rennick has more intelligence and comprehension that the rest of the politicians; ALP. LNP. Greens, and Democrats, put together. Can’t we please just rid the nation of the deadwood and install Senator Rennick as Government of Australia?
I heard someone say that nearly all the new alternative media are a Mainstream Stream Alternative Media (MSAM). Because they only post about the things designed to distract. They don’t look further into what is going on behind the curtain and what this is realy all about. What say ye to this perpective Ed.?
Too bad senator Rennick is buying into the lie that the RBA is actually trying to do some good for Australia and “accidentally” failing. Well we saw the last chairman deliberately misdirect everyone with his “no increases until 2024” statement, which netted the banks some great savings as people became complacent about interest rates, and some probably lost their houses by now with this form of speculation ( which they don’t have in the US, they ordinarily have fixed 30 year terms ). The RBA in fact responds to the US bond rate and that responds to the money printing which is authorised by their mostly crooked congress. The Swiss BIS is the conductor of this orchestra and the RBA exists to pretend it is helping the Australian economy when really it is a front organisation to cover the fact the politicians have sold us out and soon will have no say at all in this part of economic policy.
They are selling us out right now with the Treasurer trying to cancel his veto over the RBA, even though a few months ago he said he was going to fix the economy, he has now been instructed to break it more. The RBA exists to justify its own existence and could easily be replaced by a simple app with ChatGPT for the announcements. They are deciding nothing of value in there with their monthly meetings, which they now want to cut down to about 9 per year, because their excuses are wearing thin and they are running out of them. The RBA board is just a way of shifting accountability away from the elected government and down a black hole of no return. It jacks up interest rates as part of a Global chorus line. It has “independence” from government because it has transferred its allegiance to Globalist interests. What value is there in making the RBA independent of the elected government. Why have a f%$#ing government if all they do is to sign treaties handing over everything to the UN in Geneva and New York. Let’s save time and cut all these bludgers out and just have Klaus Swab as our dictator.
I was wondering how many Australian politicians will appear on the Epstein Flight Logs. The good Archbishop explains.
https://www.larryhannigan.com.au/wp-content/uploads/2023/12/Archbishop-Carlo-Maria-Vigano.mov
Just so you know, folks, Australia was THE FIRST country to SELL OFF our entire gold reserve, because why should we cling to that barbaric relic? That’s right, THE FIRST in the world.
How progressive. Who knew?
And they woulda got away with it if not for us meddling kids.
No, wait… they did.
What a treasurer this bloke would make
Labor has been at the root of our problems since the the father of all traitors Gough Whitlam but those that followed were almost as rotten starting with Hawke and down to the present day-why anyone would vote labor is beyond me-until the Morison govt the LNP had Australia on an even keel but not since they joined labor in destroying our country- Tony Abbott was our great white hope and he was tuning things around refusing to sign the UN agreement so Turnbull was instructed to take him out. Criminals and we are paying them to sell us out- Labor usually was allowed only 1 term and even then we we had to tighten our belts while the LNP returned us to the black but the 2010 election was deadlocked between Abbott and Gillard and Independents sided with Labor and gave Labor another term-when Abbott finally won in 2013 (he won 25 seats) Labor had us 36 billion in debt and once they got rid of Abbott the debt has reached astronomical heights-since Abbott we have had only leaders intent of handing us over to the criminals in the UN
Australian business will be a lot better off when Tariff protections are reinstated and that we only import what we don’t produce and only export excess to our requirement .
I am delighted to hear so much good commonsense packed into one FIVE-minute speech by Senator Rennick.
Whitlam was worse for he set in train most of our woes by throwing University slots out to anyone who walked slowly past the Uni front doors so the Uni’s became filled with lefties who got into the minds of our children and stuffed them.
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