The United States is not facing bankruptcy, it is bankrupt.

Holy lack of education Batman!

Good post OP! That article is on to something... for all those people calling on the "rich" to pay their fair share, EVERYONE should be calling out ALL Government officials to pay THEIR fair share and remove all their bloated, overpaid salaries and benefits!! This "Governing" class should ALSO be the target of outcry.

Ya think???

Jeeez!

Obama has been re-elected. No need to fear.
He said everything will be getting better over the next 4 years.
Relax and enjoy the ride.

no shit everyone knows the US is bankrupt.

but the question is.

when does shit hit the fan??????

im getting bored.

Gold prices are being suppressed by the unfederal reserve. Nobody would argue with that anymore. We are in devaluation if not deflation.

Would you be able to relax if you were a passenger aboard a jet that was falling out of the sky at 500 miles an hour?

No ... wrong chart. We're way above Greece.

The reason why this doesn't matter is because the government knows something big is near and therefore will not need to be addressed. Its all a distraction meant to keep people spinnin and looking in the wrong direction.

Great thread.

yep...we are totally fucked for the next 347 years.

Bullshit,Dahlia... You must be very young. Nothing is going to happen except the States will explode and most will end up dead or in FEMA camps. You really ARE very young.

first thing the democrats will do is blame republicans when all the welfare start seeing cuts ,they know its coming ,but they want to put the blame on others

Go educate yourself.

A number of reputable authorities have attested to what is going on, including Sir Josiah Stamp, president of the Bank of England and the second richest man in Britain in the 1920s. He declared in an address at the University of Texas in 1927:

The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin . . . . Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again. . . . Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in. . . . But, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit.

Robert H. Hemphill, Credit Manager of the Federal Reserve Bank of Atlanta, wrote in 1934:

We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon.

Graham Towers, Governor of the Bank of Canada from 1935 to 1955, acknowledged:

Banks create money. That is what they are for. . . . The manufacturing process to make money consists of making an entry in a book. That is all. . . . Each and every time a Bank makes a loan . . . new Bank credit is created -- brand new money.

Robert B. Anderson, Secretary of the Treasury under Eisenhower, said in an interview reported in the August 31, 1959 issue of U.S. News and World Report:

When a bank makes a loan, it simply adds to the borrower's deposit account in the bank by the amount of the loan. The money is not taken from anyone else's deposit; it was not previously paid in to the bank by anyone. It's new money, created by the bank for the use of the borrower.

[link to www.webofdebt.com]



Ignore reality; laugh it up.

But guess who's laughing all the way to the bank?

Last Edited by Gimme Some Truth on 11/29/2012 11:10 PM

Yep. Totally fucked...You,your kids,your grandkids,your great-grandkids.....
All while obutthole takes another $4,000,000 on your grandkid's life.
Go fucking figure.

This is true.

I haven't been able to find exactly, precisely how they accomplished getting rid of their central bank.

I wish it would go bankrupt ... that is how you wipe out all the money you owe and start clean ...

People here never seem to understand this kind of stuff ... lolzzzz Bankrupcy is good ...

not sure what that means..i take it you disagree.

forgive all debt.... business , private every order every loan nobody owes anybody anything from blank date .

You must be a genius.

We know the banks create money from nothing. How else could there be more debt in the world than there is money to pay it back?

It has been called "the most astounding piece of sleight of hand ever invented." The creation of money has been privatized, usurped from Congress by a private banking cartel. Most people think money is issued by fiat by the government, but that is not the case. Except for coins, which compose only about one one-thousandth of the total U.S. money supply, all of our money is now created by banks.

[link to www.webofdebt.com]

Last Edited by Gimme Some Truth on 11/29/2012 11:14 PM

are you crazy? all of the financial experts said this was suicide! only one country did this n it was iceland. look at them now they are seeing economic growth while eu and us slowly head for the cliff. experts huh? glad we listened to them and bailed out the banks who helped with the mess

Just to say it in a different manner..... Every poor desperate man can be rich with others' ownership. Now excuse me, i might ask my government 2 million euros and live as i had it all... p.s. i promise i will honor my loan (yes, when i'm pushing to daisies)

Last Edited by >:Aldabaran:< on 11/29/2012 11:34 PM

Unless you are a union and it voids all your archaic and greedy contracts.


cough cough.....GM.

Not bankrupt, money either stolen or is in black ops. If they want more taxes to steal from us, just say NO. Give back the stolen money, period.

You can do it as well the only requirment is to be evil, just emit a bill of exchange: a promise of payment, with written you on a bill that you lend a sum to your debtor, a poor marxist proletarian engaged in heavy turns whose job is in manufactory.
At the dead end you will get his salary plus active interests,
for nothing in return, and please don't even believe in God because this worls is a total scam because banks don't have that much money, they just own a mere ridicolous 2-3% of the money in bills, the rest is "digital deception".
Wonder why Iceland failed?
Because the truth is, if everyone today went to withdraw all liquidities from their accounts, there would be a fairly 2% available. The rest is a ghost. That's why your daily withdraw cannot exceed a certain sum. Banks do not have your money.

ah - ah

Last Edited by >:Aldabaran:< on 11/29/2012 11:55 PM

Exactly. But it doesn't matter what the people want. 85% of the people who contacted congress about the bailouts were against it, but they did it anyway.