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Getting the kids used to the cashless society
Mastercard introduces credit cards for children

Steve Watson | January 27 2006

Mastercard is to introduce credit cards directly aimed at children, encouraging them to go into debt and consume products without the use of cash.

Supporters regard the cards, which are issued by Bluecorner, as the natural step in an increasingly cashless society. They argue that the prepayment cards will familiarise children with plastic without spending too much. Says the London Times.

The cards are designed to get children used to the fact that cash is obsolete and their money, and the amount they are allowed to spend is controlled by someone else who also profits from their spending.

The cards, which have different designs based on popular teenagers' magazines and radio stations, have charges of £9.95 fee to open the account and 85p for each withdrawal from an ATM cash dispenser. There are penalty fees of £4.99 for cancelling an account or ordering a replacement card.

Phil Davies, the director of business development at MasterCard Europe, defended the cards saying: “Parents can control the amount of money their son or daughter spends on the card by limiting the amount of money placed on the card."

So in effect it is exactly the same as an adult credit card, except the controlling of the amount of money in adult life is carried out by the globalist bankers who profit from the cashless society.

A cashless society would mean total control over everyone as people would be forced to pay for everything electronically. Every purchase would be traceable and the ability to buy or sell could be halted immediately at any given moment.

We have previously seen how the concept is being seized upon and marketed to young people as cool. Cashless Coke vending machines for example integrated with wireless technology are all very cool, but not so cool when your credit is halted and you can't pop in a quarter for a can of your favourite soft drink to quench your thirst after a hard day's slaving.

Implantable microchips are very cool, you can use them to get into nightclubs and pay for drinks, and according to some they are the new body art.

But they are admittedly a device of control. You can only spend as much as the controlling authority wishes.

School children are being encouraged to thumbscan for their lunches, and amusement park goers are being biometrically scanned upon entry for payment and identification purposes.

We are constantly being told that the future is cashless, there are cashless lanes at the supermarket that move quicker and more efficiently, and with technology such as RFID we will receive a superior service at the price of being tracked, traced and having our personal data recorded at all times.

Of course the cashless society would mean a massive boost in control and wealth for the globalist taxers and the banking corporations. With even more charges and levies on everything we spend and the ability to lend out more than even more than they already do, the banking elite would profit on an unprecedented level. Taxes would also be easier to collect electronically.

The world has been expecting a global currency for over half a century now, and it is finally arriving, but not in the way it was expected. Economies are being "harmonized", in other words, taxes in all countries are being raised.

NewsMax last year exposed the OECD’s scheme to penalize countries that offer (comparatively) low taxes. Nations that cut taxes and thereby boost their economies are supposedly unfair to Europe's socialist welfare states.

The argument is not that the welfare states should position themselves so as to be more competitive by also lowering their own tax rates. Rather it is the low-tax countries that are viewed as "unfair.” Thus, everyone shares the misery, and the globalists profit to the max from a cashless society.

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