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“Let’s get real.. The U.S. is bankrupt.”

 
Least Servant

User ID: 1062754
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10/29/2010 10:46 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
The "US Government" has been bankrupt since 1933!

teamlaw.net/HistoryOutline.htm

The Federal Reserve became the receivers of the "US Government", thus, effectively owning it.

In 1944 the "US Government" became effectively owned by the IMF.

Good news is that the "US Government" is not our government, but a private, foreign corporation.

This means we can stay free of its controls if we understand the contractual relationships it extends and maintains.
 Quoting: InfiniTcell


Thread: RON PAUL On the Strawman and Admiralty Law HOAXES-DEBUNKED, Disguised NeoCons Misleading Libertarians!!!

Whoops! I just blew up the Strawman (Debunking the Strawman Theory)

[link to www.dailypaul.com]

"Submitted by FreeManOnLand on Wed, 07/07/2010 - 19:15
in Daily Paul Liberty Forum
I came across this priceless thread which really punches holes into the alleged "Strawman" theory. If you prefer youtube videos or simple and basic content then this link isn't for you.

[link to teamlawproductions.com]

Just because the Strawman theory went the way of dead stars does not mean there is not something going on in the background. Contracts are at work but the strawman isn't the culprit."

"The Strawman: Invented by "fake" libertarians to fool real libertarians.

Those fake libertarians are of course neocons. I'm catching on fast aren't I?"

STOP LYING TO YOUR FELLOW AMERICANS!!!
 Quoting: Least Servant

:romaflag:
Not enough to fight, too many to die.
Anonymous Coward
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10/29/2010 10:49 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
bsflag


Im not bankrupt. Are you bankrupt? My neighbor isn't bankrupt. My doctor isn't bankrupt. My plumber isn't bankrupt. My mechanic isn't bankrupt. My local car dealership isn't bankrupt. My local corner store isn't bankrupt. My veterinarian isn't bankrupt.

GET THE PICTURE?




The corrupt useless eating elite that make money off of those that work for a living are bankrupt.

This is a Federal Reserve and corrupt elite problem (babylon).

Let'em burn so we can prosper.


.
Anonymous Coward
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10/29/2010 10:50 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
besides, those who live off of credit, your only playing with the beast.

Stop being part of the problem and earn what you spend.
Anonymous Coward
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India
10/29/2010 11:07 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
2200 trillon is just a number offered by economist.we will have to se how of each wil percolate into real ecoomy.then there will be tremendous inflation.
Anonymous Coward
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10/29/2010 11:14 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
bump
FloridaCaveDiver

User ID: 30966
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10/29/2010 11:25 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
PIN THIS SHIT RIGHT NOW.

THIS IS MIND BLOWING. AWESOME READ.

HOW THE HELL DO THEY PAY 200 TRILLION DOLLAR DEBT???
 Quoting: Anonymous Coward 1099216


They don't.
------
Buying precious metals is an act of REBELLION! Invest in Silver Today!
JoeNeubarth

User ID: 1127812
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10/29/2010 11:31 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
Kotlikoff's been saying this stuff for a few years and he's right.
 Quoting: telling it straight 642221


He has been saying this nonsense for years, and he is just as crazy now as he was then. He has no idea what he is talking about.
1st Place in Novel Sales for 6 yrs!
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JoeNeubarth

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10/29/2010 11:32 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
Remember, any debt that we owe to the Fed is imaginary. It can be erased in a second.
1st Place in Novel Sales for 6 yrs!
[link to www.mobipocket.com]
TheTymeBeing

User ID: 1139985
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10/29/2010 11:33 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
bsflag


Im not bankrupt. Are you bankrupt? My neighbor isn't bankrupt. My doctor isn't bankrupt. My plumber isn't bankrupt. My mechanic isn't bankrupt. My local car dealership isn't bankrupt. My local corner store isn't bankrupt. My veterinarian isn't bankrupt.

GET THE PICTURE?




The corrupt useless eating elite that make money off of those that work for a living are bankrupt.

This is a Federal Reserve and corrupt elite problem (babylon).

Let'em burn so we can prosper.


.
 Quoting: Anonymous Coward 1012969


Remember "trickle-down' economics? Don't think their bankruptcy won't trickle down to you, to us all.

Do you have the means and knowledge to grow your own food? Do you have a self-sufficient water supply? Do you have survival skills? Do you have a means to protect yourself and your family?

If so, maybe you aren't and won't be bankrupt, but if you're judging by your bank account and paper holdings . . .
[link to www.thetymebeing.net]
Poetry and Musings from above the ground . . .
Anonymous Coward
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10/29/2010 11:35 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
If so, maybe you aren't and won't be bankrupt, but if you're judging by your bank account and paper holdings . . .
 Quoting: TheTymeBeing


I guess I had better by a tent and a swiss army knife.
Anonymous Coward
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10/29/2010 11:41 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
The only one bankrupt is the lying, cheating, thieving, cowardly, fraudulent Federal Corporation which created the debt in the first place and is responsible for it.
Anonymous Coward
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10/29/2010 11:43 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
Remember, any debt that we owe to the Fed is imaginary. It can be erased in a second.
 Quoting: JoeNeubarth


That is because it is NOT our debt. It belongs to the Euro-banker types who own the Federal Reserve in the first place...the ones who began it. May they all volunteer for that Mission to Mars and STAY there.
McKeyMaus

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10/29/2010 12:01 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
Lol. Nothing trickles down in this system.

Inflation trickles up, from the poor to the middle class. Never reaches anywhere near the top though.
Anonymous Coward
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10/29/2010 12:02 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
I can totally believe it. Some days I get the feeling this country is being propped up. Sort of like "weekend at Bernies" fashion.




Perfect analogy.
 Quoting: Anonymous Coward 1142407


BRILLIANT analogy!
Anonymous Coward
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10/29/2010 12:14 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
Being a cashless society means the machines just punches money in or out of your accounts. We are already on the doorstep of this now with our debit cards. The Revolution will come if they end Medicaid, Medicare and Social Security.
Anonymous Coward
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10/29/2010 12:31 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
I can totally believe it. Some days I get the feeling this country is being propped up. Sort of like "weekend at Bernies" fashion.




Perfect analogy.


BRILLIANT analogy!
 Quoting: Anonymous Coward 1145884



IMAGE ( [link to www.geelongadvertiser.com.au] )
Anonymous Coward
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10/29/2010 12:31 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
$200 trillion dollars, 310 million people.
200,000,000,000,000 / 310,000,000

= $645,161.29 each.
 Quoting: Anonymous Coward 1145585


He meant 110 million people plus 200 million muslims, 1 million more muslims every week.. dirty bastards
BROKEN

User ID: 1080426
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10/29/2010 12:51 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
sorryyet


Broken, get real!

You must be dumb to think the only one to be blamed is Mr. Obama.

I like to see how stupid North-Americans are blaming a pawn that was put in the power only to being blamed.

I love to see how much retard North-Americans are when they cannot notice where exaclty is the source of they all problems.

I will enjoy to see the USA empire crumble into pieces in the next years.

lmao
 Quoting: ACetic



Ofistbump
"The individual is handicapped by coming face to face
with a conspiracy so monstrous he cannot believe it exists."
J. Edgar Hoover

"Those who make Peaceful Revolution Impossible...Will make Violent Revolution Inevitable"
-JFK

:minimoran:
Anonymous Coward
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10/29/2010 12:56 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
PIN THIS SHIT RIGHT NOW.

THIS IS MIND BLOWING. AWESOME READ.

HOW THE HELL DO THEY PAY 200 TRILLION DOLLAR DEBT???


Um, with a 200 trillion dollar bill?



PRINT THIS BILL RIGHT NOW SO THAT WE CAN GET THE PROBLEM OUT OF THE WAY. WARM THE PRINTER UP FOR THIS MOMENT ONLY.
 Quoting: Anonymous Coward 1099216



Thank you again for your great wisdom. your a God among men.
boc
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10/29/2010 01:03 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
the u.s govt/corp is broke they borrowed fake money printed out of thin air backed by nothing from the federal reserve i owe nothing to fake/private bankers who want to try and rule the world fuck them and anybody foolish enough who will follow them
Anonymous Coward
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10/29/2010 01:14 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
HOW THE HELL DO THEY PAY 200 TRILLION DOLLAR DEBT???
 Quoting: Anonymous Coward 1099216


They aren't, at least in the current purchasing power of dollars. They will have to discount the value of current dollars in order to service the debt, meaning they will monetize huge portions of the debt with newly created cash. However, in order to create new dollars they have to create new debt from the treasury which would then increase the national debt or the total amount of debt would then increase as they attempt to pay off the existing debt.

However, the Fed has been monetizing the bankster debt aided and abetted by the Graham Leach Bliley Act of 1999. This is against the black letter law which governs the operations of the Federal Reserve under their congressional charter. They are purchasing mortgage backed securities (and most likely other instruments) which are debts created by banks, not the federal government. Meaning they are beginning to monetize the huge pyramid of derivatives which the banksters created from their filthy imaginations.

Can you even begin to fathom what our world will be like when the Fed embarks upon monetizing $200 trillion in debt? It will be very much like Weimar Germany prior to WWII.
Dana Scully

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10/29/2010 01:16 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
“Let’s get real.. The U.S. is bankrupt.”

lol
What I find fantastic is any notion that there are answers beyond the realm of science. The answers are there. You just have to know where to look.

We're all gonna die. The only question is when & how you check out. Do you want it on your feet? Or on your knees... begging?! I ain't much for begging! Nobody ever gave me nothing!
Anonymous Coward
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10/29/2010 01:18 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
“Let’s get real.. The U.S. is bankrupt.”

lol
 Quoting: Dana Scully


Shit happens
Anonymous Coward
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10/29/2010 01:44 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
:BROKEN:
 Quoting: BROKEN




STOP IT! ITS NOT FUCKING OBAMA! ITS EVERYTHING! ITS BEEN HAPPENING FOR DECADES AND NOW ALL OF A SUDDEN YOU PICK THE FIRST INTELLIGENT HUMAN IN OFFICE IN 50 YEARS TO CALL SCAPEGOAT?


KEEP TELLING YOURSELF ITS ONLY ONE MAN, OR ONLY ONE GROUP. KEEP IGNORING THE FACT THAT YOU ARE THE ONLY PROBLEM, BECAUSE YOU STAND BY AND DO NOTHING.

honestly folks, nothing happens by bitching about it. it will only happen when you actually STAND THE FUCK UP.

STAND UP. please. its nearly too late.

peace
FreeDoom

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10/29/2010 01:45 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
WHERE THE HELL DID THIS GUY GET 200 TRILLION DOLLAR DEBT FIGURE???

WE NEED ANOTHER SOURCE TO CONFIRM THIS???

THIS IS SO SCARY.
 Quoting: Anonymous Coward 1099216

Already, other nations are refusing to lend us more money so we have begun to engage in what Bill Gross, the world's biggest bond buyer, calls "a brazen Ponzi scheme" in which the Federal Reserve of the United States "buys" whatever notes the Treasury Department of the United States chooses to print to pay for their continual borrowing (currently $100Bn per month) and the joke of it is that the Federal Reserve doesn't actually have ANY money. In fact, they themselves are $2.5Bn in debt as every check they write is technically just another IOU, backed by whatever assets they purchase AFTER they write the check.
Anonymous Coward
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10/29/2010 01:54 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
WHERE THE HELL DID THIS GUY GET 200 TRILLION DOLLAR DEBT FIGURE???

WE NEED ANOTHER SOURCE TO CONFIRM THIS???

THIS IS SO SCARY.

Already, other nations are refusing to lend us more money so we have begun to engage in what Bill Gross, the world's biggest bond buyer, calls "a brazen Ponzi scheme" in which the Federal Reserve of the United States "buys" whatever notes the Treasury Department of the United States chooses to print to pay for their continual borrowing (currently $100Bn per month) and the joke of it is that the Federal Reserve doesn't actually have ANY money. In fact, they themselves are $2.5Bn in debt as every check they write is technically just another IOU, backed by whatever assets they purchase AFTER they write the check.
 Quoting: FreeDoom


Hopefully, with any luck the coming elections will derive better solutions. Until then I'll look for a tent and a ranger knife, fishing pole and some snow shoes.
Anonymous Coward
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10/29/2010 01:59 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
There may be a silver lining here. This is the one thing that may break the back the federals and get them the hell out of our lives.

There is no legitimate reason for the Federal Government to exist.

What about the army?
What about highways?
Shouldn't there be a place to have all states make deals with each other?


No there should not be a place to do that anymore. The computers have taken over and are running our daily lives. We have handed over the controls to computers who are our new government. The computers run our daily lives and program our schedules. The old government is obsolete and is living on borrowed time. We have the internet. We have supercomputers. Government is so 1990's now.

For me, government should be there to protect us from corporations. They should be a big consumer and labour organization who must control the behaviour of corporations with laws we workers and consumers agree on.
 Quoting: easymind

your not even an american so stfu. take your fancy boy spelling and shove it up your ass.
Anonymous Coward
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10/29/2010 02:28 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
bsflag


Im not bankrupt. Are you bankrupt? My neighbor isn't bankrupt. My doctor isn't bankrupt. My plumber isn't bankrupt. My mechanic isn't bankrupt. My local car dealership isn't bankrupt. My local corner store isn't bankrupt. My veterinarian isn't bankrupt.

GET THE PICTURE?




The corrupt useless eating elite that make money off of those that work for a living are bankrupt.

This is a Federal Reserve and corrupt elite problem (babylon).

Let'em burn so we can prosper.


.


Remember "trickle-down' economics? Don't think their bankruptcy won't trickle down to you, to us all.

Do you have the means and knowledge to grow your own food? Do you have a self-sufficient water supply? Do you have survival skills? Do you have a means to protect yourself and your family?

If so, maybe you aren't and won't be bankrupt, but if you're judging by your bank account and paper holdings . . .
 Quoting: TheTymeBeing


Don't make alot of money, but I've got land, 2 wells, can hunt, and have the guns to do so. I'm loaded.
Anonymous Coward
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10/29/2010 02:45 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
What worries me is the part where the IMF has "confirmed" this. Could IMF loans and forced austerity be on the near horizon for the US?
Anonymous Coward
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10/29/2010 04:55 PM
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Re: “Let’s get real.. The U.S. is bankrupt.”
There may be a silver lining here. This is the one thing that may break the back the federals and get them the hell out of our lives.

There is no legitimate reason for the Federal Government to exist.
 Quoting: Anonymous Coward 1142407

iamwith

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