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February 08, 2010

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Bob

US is going to turn back into the wild, wild west. This is the new American dream now. I'm loading up on guns and ammo and my kids won't be going to college or slaving for corporate America...they'll be training to become cowboys and they'll hunt down the baksters with their loaded guns.

RAND RINZ

HANG THE INVESTORS AND BANKERS FROM THE YARD-IRONS; LET THEM WALK THE WALL STREET PLANK! THEY MAY BUY GUNS-WE'VE STOCKPILED MORE THEN THEM, AND MORE AMMO-WE WILL HAVE A TEA-PARTY DRINKING THE BLOOD OF THE CORRUPT ILLUMINATIST GREED-MONGERS AND TAKE THE PRISONERS AS SLAVES TO SERVE IN FAST FOOD RESTAURANTS AND SECURITY GUARD POSTS ON THE PERIMETER OF HELL! WE ARE AMPLY PREPARED FOR THE SUMMER REVOLUTION. THE GOLDMAN-SAKS PIGS WILL BE THE IMPALED HEADS ON PIKES SURROUNDING WALL STREET. THEY SHOULD ENJOY THEIR LAST TANGO IN THE SUN SOON-THE DARKNESS COMES. WELCOME "THE DARK AGES PART II"!THEY HAVE PLUNDERED THE LAND AND THE PEOPLE-AND YOU ASK IF THEIR IS A DOUBT OR A RIGHT TO REVOLUTION?! THE FOUNDING FATHERS WOULD BE RIGHT UP FRONT IN THE BATTLE CHARGE TO GUT THESE WORTHLESS WONDERS!

Ted

One thing to understand is the mathematics that says debt can never be paid back.

When you borrow money, it is created out of thin air by the bank (they monetize your promise to pay). The problem is, the interest is never created, so the money supply is always short the interest.

The same applies when either the Federal Reserve or foreign central bank buys government debt. They just monetize the debt, creating money out of thin air, knowing that it is mathematically impossible for the debt to ever be repaid.

What's the game?

- it gives the private banking families that own the central banks the ability to loot the tax payer by charging income tax to pay interest on money that was never actually loaned

- these debts cancel out on a country level. If UK's central bank lends us money and the Federal Reserve lends the UK money, they are kind of offsetting transactions, because the countries could nationalize the central banks

- governments could instantly pay off the debt by printing money. It would NOT be dilutive or inflationary, because for every treasury dollar that is printed, a dollar of Federal Reserve debt would be removed from circulation. In addition, governments could cut income taxes by nearly 100% if they didn't have to pay interest to these private banking interests.

Countries don't have debt crises. Only banks do, when countries tell them to F. Off and refuse to pay.


NewAmericaNow

I only wish more people wrote letters like this to their bank or at the very least understood what is being said here. Please visit my Blog for information to survive the coming economic collapse at http://www.newamerica-now.blogspot.com and my youtube site for videos packed with info at http://www.youtube.com/user/newamericanow .
The disaster is just around the corner. Good luck and God Bless.

Mr Morphed

It is going to be a wild ride folks..get prepared.

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