The United States is not facing bankruptcy, it is bankrupt. | |
Burt Gummer User ID: 7702124 United States 11/29/2012 10:03 PM Report Abusive Post Report Copyright Violation | |
NowUNoIT User ID: 23083857 United States 11/29/2012 10:03 PM Report Abusive Post Report Copyright Violation | 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. |
Desert Fox User ID: 8786935 United States 11/29/2012 10:06 PM Report Abusive Post Report Copyright Violation | |
Burt Gummer User ID: 7702124 United States 11/29/2012 10:13 PM Report Abusive Post Report Copyright Violation | |
mikebo2 User ID: 18012248 United States 11/29/2012 10:14 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1834146 United States 11/29/2012 10:14 PM Report Abusive Post Report Copyright Violation | |
Desert Fox User ID: 8786935 United States 11/29/2012 10:14 PM Report Abusive Post Report Copyright Violation | Since most of the debt is owed to banks who created it from nothing, most of the debt can be written off. Quoting: Instant Karma Holy lack of education Batman! Ya think??? Jeeez! :TOMABANEFOX: It's more humane this way ya know, or burn on totem pole. Choice is yours. |
Mr. Toppit User ID: 26466623 United States 11/29/2012 10:16 PM Report Abusive Post Report Copyright Violation | A nation that prints its own currency cannot be bankrupt unless it chooses not pay its bills. It can suffer other fates such as hyper inflation if too careless with printing. Quoting: Fred 21515285 Nice post. Devaluation is THE Doom! Gold prices are being suppressed by the unfederal reserve. Nobody would argue with that anymore. We are in devaluation if not deflation. |
No Dhimmi User ID: 1945985 United States 11/29/2012 10:17 PM Report Abusive Post Report Copyright Violation | |
Devoted Follower User ID: 28055738 United States 11/29/2012 10:20 PM Report Abusive Post Report Copyright Violation | |
Mr. Toppit User ID: 26466623 United States 11/29/2012 10:21 PM Report Abusive Post Report Copyright Violation | |
BlackDahlia User ID: 24418900 United States 11/29/2012 10:23 PM Report Abusive Post Report Copyright Violation | |
Redpaw360 User ID: 11235712 United States 11/29/2012 10:26 PM Report Abusive Post Report Copyright Violation | |
Meow... User ID: 3650237 United States 11/29/2012 10:27 PM Report Abusive Post Report Copyright Violation | |
Meow... User ID: 3650237 United States 11/29/2012 10:29 PM Report Abusive Post Report Copyright Violation | 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. Quoting: BlackDahlia 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. |
Anonymous Coward User ID: 28227514 United States 11/29/2012 10:29 PM Report Abusive Post Report Copyright Violation | |
Instant Karma User ID: 25981580 United States 11/29/2012 10:32 PM Report Abusive Post Report Copyright Violation | Since most of the debt is owed to banks who created it from nothing, most of the debt can be written off. Quoting: Instant Karma The banks are guilty of fraud and theft: loaning money they don't possess and then using that leverage to take possession of real assets like cars and houses. Holy lack of education Batman! 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 Dollar Deception: How Banks Secretly Create Money: [link to www.webofdebt.com] ALTERED GENES, TWISTED TRUTH: How the Venture to Genetically Engineer Our Food Has Subverted Science, Corrupted Government, and Systematically Deceived the Public: [link to www.amazon.com] 2028 End? [link to 2028end.com] |
Meow... User ID: 3650237 United States 11/29/2012 10:32 PM Report Abusive Post Report Copyright Violation | |
Ralph--a house dog User ID: 25802009 United States 11/29/2012 10:36 PM Report Abusive Post Report Copyright Violation | The best thing for you Americans - and my little island - would have been to not have done QE and have done the Iceland approach,instead. Quoting: Anonymous Coward 14317225 This is true. I haven't been able to find exactly, precisely how they accomplished getting rid of their central bank. "Do Not Go Gentle into that Good Night.....Rage, rage against the dying of the light"-----Dylan Thomas HIS NAME IS SETH RICH [link to biblicalselfdefense.com] [link to forum.1111ers.blog] Always remember that "for the greater good" will not include YOU. "Who decides?" ---Robert A. Heinlein -'Whoever would overthrow the liberty of a nation must begin by subduing the freeness of speech.'—Benjamin Franklin [link to www.westcoasttruth.com] The only thing worth paying full retail for is pantyhose. You cannot do all of the good the world needs, but the world needs all of the good you can do. |
Anonymous Coward User ID: 13974494 United States 11/29/2012 10:37 PM Report Abusive Post Report Copyright Violation | |
BlackDahlia User ID: 24418900 United States 11/29/2012 10:39 PM Report Abusive Post Report Copyright Violation | 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. Quoting: BlackDahlia 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. not sure what that means..i take it you disagree. |
Anonymous Coward User ID: 1546963 United States 11/29/2012 10:54 PM Report Abusive Post Report Copyright Violation | |
Desert Fox User ID: 8786935 United States 11/29/2012 11:00 PM Report Abusive Post Report Copyright Violation | |
Instant Karma User ID: 25981580 United States 11/29/2012 11:03 PM Report Abusive Post Report Copyright Violation | 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 Dollar Deception: How Banks Secretly Create Money: [link to www.webofdebt.com] ALTERED GENES, TWISTED TRUTH: How the Venture to Genetically Engineer Our Food Has Subverted Science, Corrupted Government, and Systematically Deceived the Public: [link to www.amazon.com] 2028 End? [link to 2028end.com] |
mrmuffins69 User ID: 28433365 United States 11/29/2012 11:04 PM Report Abusive Post Report Copyright Violation | forgive all debt.... business , private every order every loan nobody owes anybody anything from blank date . Quoting: Anonymous Coward 1546963 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 |
>:Aldabaran:< User ID: 28311173 Italy 11/29/2012 11:30 PM Report Abusive Post Report Copyright Violation | Last Edited by >:Aldabaran:< on 11/29/2012 11:34 PM Nature, holy nature! I do not sit in a church to feel better about me. In walled rooms ... No! If i want to feel better I go in the nature, to a sea or a forest! That makes me happy. Nature gives me power and a pure feeling of life. Churches are the cesspit of all the impurity that people gather voluntarily. Water, trees and birds, they dont judge, they embrace you without expecting anything in return. People go to church to feel accepted, and it works for some people; I have no problem with that. I just don't think that going to church is the right path for all people, that is why I cherish the ability to believe what I want. Don't hesitate to hold your own beliefs even if they do not coincide with the Bible. |
Burt Gummer User ID: 7702124 United States 11/29/2012 11:32 PM Report Abusive Post Report Copyright Violation | I wish it would go bankrupt ... that is how you wipe out all the money you owe and start clean ... Quoting: Anonymous Coward 13974494 People here never seem to understand this kind of stuff ... lolzzzz Bankrupcy is good ... Unless you are a union and it voids all your archaic and greedy contracts. cough cough.....GM. |
Light to Go User ID: 8545334 United States 11/29/2012 11:45 PM Report Abusive Post Report Copyright Violation | 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. Untroubled, Scornful, Outrageous-That is how Wisdom wants us to be! White Genocide: 1900AD @ 35% - Today less than 8% of the earth's population Sophia's Correction |
>:Aldabaran:< User ID: 28311173 Italy 11/29/2012 11:48 PM Report Abusive Post Report Copyright Violation | 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? Quoting: Instant Karma [link to www.webofdebt.com] 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 Nature, holy nature! I do not sit in a church to feel better about me. In walled rooms ... No! If i want to feel better I go in the nature, to a sea or a forest! That makes me happy. Nature gives me power and a pure feeling of life. Churches are the cesspit of all the impurity that people gather voluntarily. Water, trees and birds, they dont judge, they embrace you without expecting anything in return. People go to church to feel accepted, and it works for some people; I have no problem with that. I just don't think that going to church is the right path for all people, that is why I cherish the ability to believe what I want. Don't hesitate to hold your own beliefs even if they do not coincide with the Bible. |
Anonymous Coward User ID: 24227883 United States 11/29/2012 11:52 PM Report Abusive Post Report Copyright Violation | The best thing for you Americans - and my little island - would have been to not have done QE and have done the Iceland approach,instead. Quoting: Anonymous Coward 14317225 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. |