THE STUDIO CLUB
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|Posted on 14 June, 2011 at 13:23|
Ever played Monopoly? - of course you have!.
a monopoly (from Greekmonos / μονος (alone or single) + polein / πωλειν (to sell)) exists when a specific individual or an enterprise has sufficient control over a particular product or service to determine significantly the terms on which other individuals shall have access to it.
So what is being controlled and by who?
"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....... Attributed to ThomasJefferson
The following is taken from the actual rules of the monopoly game by Hasbro.
THE BANK… Besides the Bank’s money, the Bank holds the Title Deed cards and houses and hotels prior to purchase and use by the players.The Bank pays salaries and bonuses. It sells and auctions properties and hands out their proper Title Deed cards; it sells houses and hotels to the players and loans money when required on mortgages.The Bank collects all taxes, fines, loans and interest, and the price of all properties which it sells and auctions.The Bank never “goes broke.” If the Bank runs out of money, the Banker may issue as much more as may be needed by writing on any ordinary paper.
In Summary - having been registered at birth much like a motor vehicle. A legal fiction has been created for you which can be traded with by other legal entities. At the age of consent, these trades form legally binding contracts or agreements between you and other companies. If at any time you fail to honour an agreement you become liable. You are declared bankrupt if you owe more than you can pay to another player or to the Bank.
If the student loans dont get you, you may be robbed by unscrupulous landlords or a man in the street. If you are lucky enough to amass a sum of money, a bad business venture, a poor investment or a con man may make short work of it. If you purchase a house or two, a rogue trader, subsidence or a bad break up could end your run. If your lucky enough to make it 30 or 40 years, run a successful company or two, retire with 100k or so, then bad investment advice from your bank. ill health or death will probably claim it.
How can someone remove your 30,000 pound vehicle and crush it? Thought you owned it? How can anyone simply remove your children from your home?. The same way they can remove your ability to trade, have you noticed how hard it is to get a bank account these days and how many services now demand a direct debit, no bank account no service.
The purpose of my rambling is to make it clear that you are not your legal entity, you are YOU and you are protected by law. You have unwittingly been appointed Managing Director of a company, MR CAPITAL LETTERS. It is in your interest to raise your awareness of what it means to run a company, the legal requirements, the pitfalls, the DO's and DONT's and how to protect yourself.
Categories: THE TRUTH