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Federal debt is a criminal scam operated by criminal syndicate of the Treasury & Federal Reserve
Anonymous Kritter Show this Post
09-20-2011, 01:53 PM #1
Anonymous Kritter Incognito Anonymous
 
The Federal Reserve is a criminal syndicate buying debt that the government eagerly creates and sells for spending money that dumps the debt on us civilians. What perplexes me is that the scam is so simple and all the intellectuals either don’t get it or are handcuffed by mega-corporate media owners.



The scam in simple terms:



1. Uncle Sam borrows money from The Fed, China, oil exporters, Bank of England, etc. by selling Treasury bonds



2. You are responsible for the bonds, i.e. IOUs



3. Uncle Sam collects taxes and pays the bondholders



4. The debt is breaking us; life will not be the same in the years to come



Uncle Sam borrows all its spending money from the non-government Fed and others, and spends only borrowed dollars raised from exchanging bonds for dollars as a debt plus interest on your back.



Uncle Sam collects income taxes and funnels the money to the holders of these criminal Treasury bonds.



The Fed/Treasury is an evil axis defunding you and me: the debt is $14.5 trillion; this is our debt, not the government’s debt. The government does not generally earn money; we do. Therefore every criminal debt certificate (Treasury bond) the Treasury exchanges for cash is a debt on you and me--a promise to pay for which citizens are responsible to pay, IOUs in simple terms. If the government printed the money instead of the criminal Fed, there would be no debt.



Uncle Sam borrows bucks and you become automatically indentured to pay back the bond and pay the vig! How is this not a criminal enterprise? If you go to a loan shark, at least you get to have the money in your hand and can spend it before you have to repay the loan and pay the vig!


zerohedge.com
09-20-2011, 02:13 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,567 Threads:1,444 Joined:Feb 2011
Quote:If the government printed the money instead of the criminal Fed, there would be no debt.

That's the argument put forth by Ron Paul and several economists that are not afraid to admit the truth.
Good find, it makes it's point in very simple terms.


wonder.gif
09-20-2011, 03:17 PM #3
yankees skier
Posts:5,894 Threads:215 Joined:Feb 2011
gaah.gif

Biere.
09-20-2011, 03:31 PM #4
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,567 Threads:1,444 Joined:Feb 2011
(09-20-2011, 03:17 PM)yankees Wrote:  gaah.gif

Things that make you go gaah.gif chuckle.gif

Can you believe the only reason this went on for so long is because it took a hundred or so years of economic enslavement for people to cut through that line of shït that they made so hard to understand?
I think most people have a better idea of the way we're all being ƒükkêd , which means the assholes running the ponzi scheme and printing press will have to come up with another system.

wonder.gif
09-20-2011, 06:32 PM #5
Kreeper Griobhtha
Posts:10,851 Threads:655 Joined:Feb 2011
(09-20-2011, 03:31 PM)JayRodney Wrote:  
(09-20-2011, 03:17 PM)yankees Wrote:  gaah.gif

Things that make you go gaah.gif chuckle.gif

Can you believe the only reason this went on for so long is because it took a hundred or so years of economic enslavement for people to cut through that line of shït that they made so hard to understand?
I think most people have a better idea of the way we're all being ƒükkêd , which means the assholes running the ponzi scheme and printing press will have to come up with another system.

More people, maybe, most people, definitely not.

In addition, the usgov collects taxes to pay the interest on the lease for the money they are leasing from the Fed.


I say grab your torches and ropes.


13.gif

Politicians hide themselves away
They only started the war
Why should they go out to fight?
They leave that role to poor
09-20-2011, 06:52 PM #6
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,567 Threads:1,444 Joined:Feb 2011
Don't forget the traditional pitchforks. chuckle.gif They've made quite an impression on governments through history.

wonder.gif
09-21-2011, 02:04 AM #7
Kreeper Griobhtha
Posts:10,851 Threads:655 Joined:Feb 2011
(09-20-2011, 06:52 PM)JayRodney Wrote:  Don't forget the traditional pitchforks. chuckle.gif They've made quite an impression on governments through history.

I find the bloody machete is far more effective.

İmage

Especially if they see it getting bloody.


chuckle.gif

Politicians hide themselves away
They only started the war
Why should they go out to fight?
They leave that role to poor



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