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Looks Like We Will Default!

 
PhoenixMatthias
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07/23/2011 12:29 AM
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Looks Like We Will Default!
Well our Infallible Flatulating Feathered Fraud Dear Leader Grand Oopa Obama says debt talks are out of time!

Off this cliff we go!!! WHEEEEE! beared



Last Edited by PhoenixMatthias on 07/23/2011 12:29 AM
ceawaves

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07/23/2011 12:32 AM

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Re: Looks Like We Will Default!
either way we're going 3rd world with a quickness..
PhoenixMatthias (OP)

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07/23/2011 12:35 AM
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Re: Looks Like We Will Default!
either way we're going 3rd world with a quickness..
 Quoting: ceawaves


Not necessarily. We will find ways to do just fine w/o our Federal Gov. In fact a default may convince state legislatures it is time secede. The Fed. Government only keeps the states down.

Cut that weight and they will soar.
PhoenixMatthias (OP)

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07/23/2011 12:42 AM
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Re: Looks Like We Will Default!
This song is for everyone and is especillay dedicated especially to Kelly E. McEll... (Wearer of Narya or Nenya or whichever Ring of Power the blue one is.)

Yeah! I said it. Please ignore that...friction part...eeeeww.
Other than that, this song is dedicated mostly to her.


The country is going down! Notice I said the country! NOT THE STATES! Our States will thrive while the Fed Gov. goes good-bye!



Last Edited by PhoenixMatthias on 07/23/2011 12:43 AM
PhoenixMatthias (OP)

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07/23/2011 12:54 AM
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Re: Looks Like We Will Default!
This is for everyone: End of our Fed. Gov. is not an end to the States. We States existed before the Fed. Gov. and we can survive after.
Anonymous Coward
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07/23/2011 12:56 AM
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Re: Looks Like We Will Default!
if USA follows Ron Paul's advice and simply dismisses the debt owed to the FED than technically it will not be a default because the FED printed that shit up on a computer and its not real anyway.
DanG
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07/23/2011 12:57 AM
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Re: Looks Like We Will Default!
Bring it On! *



* copyright 2003 - the "war president"

THX 1138

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07/23/2011 01:01 AM
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Re: Looks Like We Will Default!
Off topic, but whenever I heard that song I think of GOB from, "Arrested Development".

Back on topic, let it fail.

The f***ers have had multiple bi-partisan plans since January, and yet here we are, still.

Prior to the elections the Pres. had the cards stacked in his favor, and still nothing got done.

I'm pretty d@mn sure we'll have something to 'fix' things in the 11th hour, but what it is we probably aren't gonna like.

In the immortal words of Rahm: "You never want a serious crisis to go to waste."
Let us be thankful we have commerce. Buy more. Buy more now. Buy. And be happy. Blessings of the state, blessings of the masses. - OMM
PhoenixMatthias (OP)

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07/23/2011 01:04 AM
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Re: Looks Like We Will Default!
if USA follows Ron Paul's advice and simply dismisses the debt owed to the FED than technically it will not be a default because the FED printed that shit up on a computer and its not real anyway.
 Quoting: Anonymous Coward 688107


Yet our Gov. here is acting as if it is real. The Fed. Gov. has lost all credibility. In light of their multiple failings we must see them and treat them as both illegal and illegitimate.
Mart Alien
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07/23/2011 01:07 AM
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Re: Looks Like We Will Default!
LINK???? where did you read or saw that??
Passive Resistance

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07/23/2011 01:07 AM
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Re: Looks Like We Will Default!
Can't wait to see what's on the other side of this. But am still worried they'll pull one over us right before the deadline. And they can always do a temporary extension to give them time to draft this.

Or they are wanting this as much as any doomtard here. Yet with a different outcome as we are hoping for.

Obambi could invoke the emergency powers and assume full dictatorship powers.

So, who knows. It's like the Elenin subject. Not enough information to make a decision either way.

But one can always hope!
THX 1138

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07/23/2011 01:08 AM
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Re: Looks Like We Will Default!
if USA follows Ron Paul's advice and simply dismisses the debt owed to the FED than technically it will not be a default because the FED printed that shit up on a computer and its not real anyway.
 Quoting: Anonymous Coward 688107


Yet our Gov. here is acting as if it is real. The Fed. Gov. has lost all credibility. In light of their multiple failings we must see them and treat them as both illegal and illegitimate.
 Quoting: PhoenixMatthias


In the case of the Fed. Reserve, it's forever funny to me that an institution that was created to curb the boom/bust cycle has missed multiple said cycles, if not outright triggered/created them.

You might enjoy this read:

How Bernanke’s Fed Triggered the Great Recession

[link to blogs.forbes.com]

Last Edited by THX 1138 on 07/23/2011 01:09 AM
Let us be thankful we have commerce. Buy more. Buy more now. Buy. And be happy. Blessings of the state, blessings of the masses. - OMM
PhoenixMatthias (OP)

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07/23/2011 01:08 AM
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Re: Looks Like We Will Default!
LINK???? where did you read or saw that??
 Quoting: Mart Alien 1445853


Here it is, Please see first post on first page.

Thread: ***BREAKING: NO DEAL!!! OBAMA SAYS TIME'S UP***

Last Edited by PhoenixMatthias on 07/23/2011 01:08 AM
Anonymous Coward
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07/23/2011 01:08 AM
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Re: Looks Like We Will Default!
Country is on Suicide Watch
PhoenixMatthias (OP)

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07/23/2011 01:16 AM
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Re: Looks Like We Will Default!
We can form our own communities. From birth we are taught that we are part of country. Our very existence is determined by our country. It is not. The country that is USA no longer exists. Realize this. Come to accept this. Be free, finally free, of the notion that you need the USA to define your existence.

Do that. Then be free to make your own communities separate from the USA.
PhoenixMatthias (OP)

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07/23/2011 01:40 AM
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Re: Looks Like We Will Default!
The Fed. Gov. is illegitimate. You may rightly see any Federal Laws imposed onto you as articles of enslavement by a foreign power. Your state is your "nation", the Fed. Gov. is a foreign entity.
Passive Resistance

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07/23/2011 01:47 AM
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Re: Looks Like We Will Default!
The Fed. Gov. is illegitimate. You may rightly see any Federal Laws imposed onto you as articles of enslavement by a foreign power. Your state is your "nation", the Fed. Gov. is a foreign entity.
 Quoting: PhoenixMatthias


Didn't Lincoln gone through this already?
Anonymous Coward
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07/23/2011 01:50 AM
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Re: Looks Like We Will Default!
if USA follows Ron Paul's advice and simply dismisses the debt owed to the FED than technically it will not be a default because the FED printed that shit up on a computer and its not real anyway.
 Quoting: Anonymous Coward 688107


Here, here. Besides what makes you think that the politicos at the state level are elected by someone besides the federal electorate, it's when the power returns to the people that actually produce in this world that stuff will start to become free again.
Anonymous Coward
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07/23/2011 01:53 AM
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Re: Looks Like We Will Default!
The Fed. Gov. is illegitimate. You may rightly see any Federal Laws imposed onto you as articles of enslavement by a foreign power. Your state is your "nation", the Fed. Gov. is a foreign entity.
 Quoting: PhoenixMatthias


Didn't Lincoln gone through this already?
 Quoting: Passive Resistance


Actually it appears lincoln laid the groundwork for this stuff and made a corporate federal government that usurped legitamate government.
PhoenixMatthias (OP)

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07/23/2011 01:55 AM
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Re: Looks Like We Will Default!
The Fed. Gov. is illegitimate. You may rightly see any Federal Laws imposed onto you as articles of enslavement by a foreign power. Your state is your "nation", the Fed. Gov. is a foreign entity.
 Quoting: PhoenixMatthias


Didn't Lincoln gone through this already?
 Quoting: Passive Resistance


Yes, he did and this country did. The alternative is to be dragged down by a Gov. which no longer cares or listens to their people.

By their actions they have made themselves illegitimate. Staying attached to them has become chronically unhealthy for the states.
PhoenixMatthias (OP)

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07/23/2011 01:57 AM
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Re: Looks Like We Will Default!
It is a matter of survival for people and for states, simple as that. If you were on a train heading for a cliff, wouldn't you get off? Either ruin or salvation. Sticking with this Gov. means ruin.

Therefore see yourselves as free. View any Federal mandates as nuisances. Necessary to maintain the Fed. Gov's illusion that they matter still.
PhoenixMatthias (OP)

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07/23/2011 02:07 AM
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Re: Looks Like We Will Default!
It as forcing people into death and pain. Any attempt at the Fed Gov. to hold onto people must be seen as it is. Trying to keep people in a broken system . A system which is only causing pain and misery.

Do you want this for yourself? If not, break free emotionally. Then take steps to form communities free from Fed. Gov. control and scrutiny.
Passive Resistance

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07/23/2011 02:21 AM
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Re: Looks Like We Will Default!
It as forcing people into death and pain. Any attempt at the Fed Gov. to hold onto people must be seen as it is. Trying to keep people in a broken system . A system which is only causing pain and misery.

Do you want this for yourself? If not, break free emotionally. Then take steps to form communities free from Fed. Gov. control and scrutiny.
 Quoting: PhoenixMatthias


Been on a forum where they are planning a cashless city. It seems that people are trying to start breaking away from the control grid.

Wonder when this snow ball gets to the point of unstoppable momentum.
Anonymous Coward
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07/23/2011 02:31 AM
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Re: Looks Like We Will Default!
Is it really a default?

We are talking about dollars correct?As in Federal Reserve notes? The currency counterfeited by the Federal Reserve bank directly against the constitution?

Not a default at all in my mind.Just wipe out the Federal Reserve notes ,the debt,and give the right to print money back to the United States treasury where it constitutionally belongs.Let the bankers eat the loss.

Let citizens and yes corporations exchange there federal notes for new treasury notes.There of course would need to be some limits on what could be exchanged.Price the new treasury notes using the kilowatt hour,backed by 20% in good old fashioned gold.
PhoenixMatthias (OP)

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07/23/2011 02:40 AM
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Re: Looks Like We Will Default!
Is it really a default?

We are talking about dollars correct?As in Federal Reserve notes? The currency counterfeited by the Federal Reserve bank directly against the constitution?

Not a default at all in my mind.Just wipe out the Federal Reserve notes ,the debt,and give the right to print money back to the United States treasury where it constitutionally belongs.Let the bankers eat the loss.

Let citizens and yes corporations exchange there federal notes for new treasury notes.There of course would need to be some limits on what could be exchanged.Price the new treasury notes using the kilowatt hour,backed by 20% in good old fashioned gold.
 Quoting: Anonymous Coward 1459281


It is the unfortunate reality that the people in DC see this counterfeit as legitimate. And will try to suck us into the consequences.
Passive Resistance

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07/23/2011 02:41 AM
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Re: Looks Like We Will Default!
Is it really a default?

We are talking about dollars correct?As in Federal Reserve notes? The currency counterfeited by the Federal Reserve bank directly against the constitution?

Not a default at all in my mind.Just wipe out the Federal Reserve notes ,the debt,and give the right to print money back to the United States treasury where it constitutionally belongs.Let the bankers eat the loss.

Let citizens and yes corporations exchange there federal notes for new treasury notes.There of course would need to be some limits on what could be exchanged.Price the new treasury notes using the kilowatt hour,backed by 20% in good old fashioned gold.
 Quoting: Anonymous Coward 1459281


And how much those little guys like Japan and China stand to lose from this deal? Not that I care about them. Just for debating sense.

That sounds like a sure fire way to get into a war that may be real against real armies.
Anonymous Coward
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07/23/2011 02:44 AM
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Re: Looks Like We Will Default!
Is it really a default?

We are talking about dollars correct?As in Federal Reserve notes? The currency counterfeited by the Federal Reserve bank directly against the constitution?

Not a default at all in my mind.Just wipe out the Federal Reserve notes ,the debt,and give the right to print money back to the United States treasury where it constitutionally belongs.Let the bankers eat the loss.

Let citizens and yes corporations exchange there federal notes for new treasury notes.There of course would need to be some limits on what could be exchanged.Price the new treasury notes using the kilowatt hour,backed by 20% in good old fashioned gold.
 Quoting: Anonymous Coward 1459281


And how much those little guys like Japan and China stand to lose from this deal? Not that I care about them. Just for debating sense.

That sounds like a sure fire way to get into a war that may be real against real armies.
 Quoting: Passive Resistance


I am not saying to default on US treasury notes(accept the ones held by the Federal Reserve Bank). Everyone holding legal US Treasury notes still gets paid.
Anonymous Coward
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07/23/2011 02:45 AM
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Re: Looks Like We Will Default!
Is it really a default?

We are talking about dollars correct?As in Federal Reserve notes? The currency counterfeited by the Federal Reserve bank directly against the constitution?

Not a default at all in my mind.Just wipe out the Federal Reserve notes ,the debt,and give the right to print money back to the United States treasury where it constitutionally belongs.Let the bankers eat the loss.

Let citizens and yes corporations exchange there federal notes for new treasury notes.There of course would need to be some limits on what could be exchanged.Price the new treasury notes using the kilowatt hour,backed by 20% in good old fashioned gold.
 Quoting: Anonymous Coward 1459281


And how much those little guys like Japan and China stand to lose from this deal? Not that I care about them. Just for debating sense.

That sounds like a sure fire way to get into a war that may be real against real armies.
 Quoting: Passive Resistance


I am not saying to default on US treasury notes(accept the ones held by the Federal Reserve Bank). Everyone holding legal US Treasury notes still gets paid.
 Quoting: Anonymous Coward 1459281


Abolish the Federal Reserve.Confiscate all of the assets it owns,and sell them to the highest bidder.Use that money to lower the debt outstanding,instead of endlessly paying the FED interest only on the debt.
PhoenixMatthias (OP)

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07/23/2011 02:50 AM
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Re: Looks Like We Will Default!
Japan I am not sure of. China stands to lose the most. Last time I checked they held the most US debt.

Last Edited by PhoenixMatthias on 07/23/2011 02:51 AM
Anonymous Coward
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07/23/2011 02:53 AM
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Re: Looks Like We Will Default!
Japan I am not sure of. China stands to lose the most. Last time I checked they held the most US debt.
 Quoting: PhoenixMatthias


A few years ago maybe.The largest holder of US debt is now the Federal Reserve bank.

[link to www.dailypaul.com]

[link to www.zerohedge.com]
Anonymous Coward
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07/23/2011 02:57 AM
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Re: Looks Like We Will Default!
Japan I am not sure of. China stands to lose the most. Last time I checked they held the most US debt.
 Quoting: PhoenixMatthias


A few years ago maybe.The largest holder of US debt is now the Federal Reserve bank.

[link to www.dailypaul.com]

[link to www.zerohedge.com]
 Quoting: Anonymous Coward 1459281


The Federal Reserve Bank now owns over 1.7 Trillion,or more than double what China owns in US treasury notes.

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