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Please, distribute this doc because it is the same in EVERY country !

Audit The European Central Bank

To: European Commission

AUDIT THE ECB AND NATIONAL PARTNERS!

We ask for the auditing of the European Central Bank, following similar initiatives occurring in the US, like
the proposal of the acts HR1207 and S604. The so-called Public Debt is
incurred because the European states surrendered the sovereign right to
issue their own money to private corporations that lend it at interest.
So instead of paying for the paper and ink costs of banknotes we have to
raise taxes to fulfil the megalomaniac and sociopathic ego of private
bankers.
Restore monetary sovereignty and give back the monetary rent (at least the 7% of the GDP) to the nations! China is doing exactly
like that and this is why they will EVER outperform us! Protect the
destiny of our children. Stop the crazy money-machine NOW!

Sincerely,

The Undersigned (478 as of March 26, 2010)
http://www.petitiononline.com/auditecb/petition.html

See this doc**ent from Willem H. Buiter (London School of Economics) at
page 20:
"Seigniorage", economics - The Open-Access, Open-A****sment E-Journal, 2007-10
http://www.economics-ejournal.org/economics/journalarticles/2007-10

"The solvency constraint of the Central Bank only requires that the present discounted value of its net
non-monetary liabilities be non-positive in the long run.
Its
monetary liabilities are liabilities only in name, as they are
irredeemable: the holder of base money
cannot insist at any time on the redemption of a given amount of base
money into anything else other than the same amount of itself (base
money)."

p. 20

Views: 14

Comment by Catherine Gentry on March 26, 2010 at 2:42pm
Yes, and I have a feeling that all the world's central banks are owned and controlled by the same people...who have exerted undue influence on us for generations.

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