Posted on 20th March 2012 by Administrator in Economy |Politics |Social Issues
He made this video a short time ago and the National Debt is already $800 billion higher than his chart. The deeper in debt we go, the less control we have over our future. Rates on Treasury Bonds just rose for 9 consecutive days. There is no other conclusion that you can reach – we’re fucked.
How did we win the election in the year 2000? We talked about a humble foreign policy: No nation-building; don’t police the world. That’s conservative, it’s Republican, it’s pro-American – it follows the founding fathers. And, besides, it follows the Constitution.
— Ron Paul
sensetti says:
I had to post it
Well-loved. Like or Dislike:
13 
0
20th March 2012 at 9:41 pm
Stan says:
I guess this is why interest rates are kept so low.
Like or Dislike:
4 
0
20th March 2012 at 9:48 pm
Hollow man says:
And then the great die off. Then reset. Then who knows.
Like or Dislike:
4 
0
20th March 2012 at 12:55 am
Nonanonymous says:
It looks like we’re going to war with Iran to save the dollar, for what?
If one assumes for the sake of argument that the imperial US foreign and military policy of this century has been dictated by the global banking cartel, and effectively enslaving the US in debt, then what does the US have to gain from any further war mongering.
Wouldn’t it be better to repudiate the US debt and let the dollar collapse? Is the status of the dollar worth a single life, let alone the fate of the world?
Well-loved. Like or Dislike:
7 
0
20th March 2012 at 7:44 am
flash says:
Checkmate
If I Were the Devil: Paul Harvey (Warning for a Nation)
http://www.youtube.com/watch?v=LJc8Mzg0C-c
Like or Dislike:
2 
0
20th March 2012 at 8:03 am
sensetti says:
flash: Thanks I had seen that before but its been along time, ironic…no
Nonanonymous says: It looks like we’re going to war with Iran to save the dollar, for what?
Answer is: The Federal Reserve Bank is a private company and the dollar is its business.
Like or Dislike:
4 
0
20th March 2012 at 9:34 am
sensetti says:
Federal Reserve Banks
The Federal Reserve System is made up of twelve districts or service areas. Each district has an office in a major financial center; most have branch offices as well, for a total of 25 branches nationwide.
Each of the 12 Federal Reserve Banks is separately incorporated, and each has its own president and board of directors. Presidents are appointed to five-year terms by a bank’s board of directors. Each branch office also has its own board of directors.
The directors serve three-year terms and represent the various sectors of the economy, including business and industry, agriculture, finance, labor, and consumers.
Although the Reserve Banks were created by legislative act, they receive no budget appropriations from Congress. Each of them is self-sufficient, earning income from interest on holdings of U.S. Treasury securities, from interest on loans to depository financial institutions, and from fees for the services provided to those institutions.
Reserve Banks’ stock is owned entirely by the commercial banks that are members of the Federal Reserve System. Dividends are paid to stockholders semiannually at a fixed rate of 6 percent.
At the end of each year, Reserve Banks return to the U.S. Treasury all earnings in excess of operating expenses.
http://www.clevelandfed.org/about_us/who_we_are/about_the_system/banks.cfm
Like or Dislike:
3 
0
20th March 2012 at 10:03 am