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Pensacola Discussion Forum » Politics » "Our Only Solution to the Fed Debt Trap

"Our Only Solution to the Fed Debt Trap

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Floridatexan

Floridatexan


http://www.opednews.com/articles/Our-Only-Solution-to-the-F-by-Rand-Clifford-130130-485.html

"...The Fed gained control of America's money in 1913. Government debt now soars toward $17 trillion. Interest paid to service this debt, for the year 2011 alone, was $454,393,280,417.03, largely funneled by the Fed to eight international banking families:

Rothschild's of London and Berlin; Lazard Brothers of Paris; Israel Moses Seaf of Italy; Kuhn, Loeb & Co. of Germany and New York; Warburg & Company of Hamburg, Germany; Lehman Brothers of New York; Goldman, Sachs of New York; Rockefeller Brothers of New York..."

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We're living in the new Gilded Age. This is probably the only subject on which I agree with Ron Paul.


Guest


Guest

It's more than just the debt... the value of a dollar has been stolen too. Gawd we're dumb.

ZVUGKTUBM

ZVUGKTUBM

That article was excellent, FT. Thank you for posting it.

The Federal Reserve is an evil monstrocity that is aiding and abetting the financial destruction of the United States.

There is no one party to really blame for this, as it is not a partisan issue. Congress sold us into slavery when it enacted the Federal Reserve Act in 1913. The only way out is to repudiate the national debt and dissolve the Fed for a new money system. Lincoln did it the right way, issuing greenbacks as constitutional money without debt during the Civil War. He was not about to borrow money at interest from the vulture Wall Street bankers of that day to fund the war. It cost him his life in the end. Nobody crosses the banking interests if they want to live.

We are nearing the end-game at the current moment. The national debt will never be repaid and our fiscal crisis will never be solved. It is all by design. The bankers want a world government ruled by them. The only way they can get it is by destroying national boundaries. This can be done by warfare and has in the past. In our case, it is being done by creating cancer within through a toxic money system. Still, warfare could give us the final coup de grace. There are still enough nuclear warheads in the world to destroy us.

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Guest


Guest

"We really need to bring China into the creation of a new world order, financial world order. They are kind of reluctant members of the IMF. They play along. But they don’t make much of a contribution because it is not their institution. I think you need a new world order: China has to be a part of the process of creating it and they have to buy in. They have to own it.

Well, certainly a decline in the value of the dollar is necessary in order to compensate for the fact that the US economy will remain rather weak, will be a drag on the global economy. China will emerge as the motor replacing the US consumer and, of course, it’s a smaller motor because the Chinese economy is much smaller. So the world economy will have less of a motor, so it will move forward slower than it has in the last 25 years. But China will be the engine driving it forward and the US will be actually a drag that’s being pulled along through a gradual decline in the value of the dollar. So there would be a slow decline in the value of the dollar. A Managed decline. That would be the adjustment that it needs to be accomplished. Now it could actually get out of hand and certainly the fear of inflation will precede inflation itself".

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