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07-14-2012, 07:07 PM | #21 |
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07-14-2012, 07:11 PM | #22 |
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I doubt that China would want that either... You'd lose all credit, and what would you offer? More paper?
You'd lose the petrodollar.. The world would become an unstable place as bilateral trade commenced in their own currencies. Everybody would be worried about this.. Possibly chase assets.. Somebody would suggest a global reserve currency.. Which might look like a good idea. |
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07-14-2012, 07:32 PM | #24 |
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272 co-sponsors.
More than enough to pass and send to the Senate where Mormon Harry Reid can block it. The Senate version, S. 202 introduced by Rand Paul has 20 co-sponsors, none of which are Democrats who control the Senate. This bill could be seen as something that threatens the foundations of Devil City and the Progressives will fight any attempt to dismantle that structure. What I would hope to learn from an audit (if it is allowed) is who ultimately controls the FED and where is all the money from interest going. Are the rumors that foreign interests control the American banks that make up the FED really true? Is the gold of Fort Knox really there? We need to have, once and for all, a true accounting. HR 459: http://www.govtrack.us/congress/bills/112/hr459 S.202: http://www.govtrack.us/congress/bills/112/s202 |
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07-14-2012, 07:33 PM | #25 |
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When the Bank of England controlled British Government found out that the U.S. Bank would not be re-chartered, they declared war on the United States. Washington D.C., was invaded and the White House was burned to the ground. General Andrew Jackson (another great Scot whose parents came from Hibernia) was the hero of that war. Despite this great victory over the the Bank of "England", the Bank of the U.S. was re-chartered in 1816 for another 20 years. The people loved the hero of the battle of New Orleans and elected him to the Presidency in the year 1829. He served his country in that high office for 8 years. Little did he know before taking the oath of office that he would face a far more dangerous enemy than ever he faced from the British rifles.
That ferocious enemy was the MONEY POWER represented by the "U.S." Bank. He was head of the 2nd Bank of the U.S. With many Congressmen and Senators financially beholden to him, he wielded great political power. He deliberately created a banking panic and a depression for the purpose of frightening the voters and blaming it on President Jackson. Biddle was later arrested and charged with fraud but his powerful protectors shielded him from justice . . . in this life. President Jackson's unflinching determination and unwavering patriotism prevailed against Biddle and his Bank. President Jackson called the Bank a monster and was determined to pull all its teeth. He said: "I am ready with the screws to draw every tooth and then the stumps." And our hero did exactly as he promised. When he left office, the U.S. had a real currency consisting of silver and gold coins. Our hero called paper money "RAG MONEY" and this is what he said about it: "The paper-money system and its natural associations—monopoly and exclusive privileges—have already struck their roots too deep in the soil, and it will require all your efforts to check its further growth and to eradicate the evil." http://www.reformation.org/usbank.html |
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07-14-2012, 07:42 PM | #26 |
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A global currency is the true aim of the PLANNED debasement of the US Dollar.
A global one world ORDER will require a global currency to facilitate CONTROL. A global one world ORDER will require a global government for complete CONTROL. A global one world ORDER will require a global ecumenical religion to ensure CONTROL of the will. If you're curious what a one world ORDER might look like, think of the strangle hold the Catholic cult had on Medieval Europe from the 5th to 15th century AD. The Dark Ages. You are now aware of THE CONSPIRACY. |
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07-14-2012, 07:47 PM | #29 |
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When the Bank of England controlled British Government found out that the U.S. Bank would not be re-chartered, they declared war on the United States. Washington D.C., was invaded and the White House was burned to the ground. General Andrew Jackson (another great Scot whose parents came from Hibernia) was the hero of that war. Despite this great victory over the the Bank of "England", the Bank of the U.S. was re-chartered in 1816 for another 20 years. The people loved the hero of the battle of New Orleans and elected him to the Presidency in the year 1829. He served his country in that high office for 8 years. Little did he know before taking the oath of office that he would face a far more dangerous enemy than ever he faced from the British rifles. |
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07-14-2012, 07:49 PM | #30 |
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07-14-2012, 08:01 PM | #33 |
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You can't fight an unseen enemy.
Kicking at the puppet is useless, as the Czar found out, you have to cut the strings to the puppet. The strings are tenuous and invisible, but THEY are the messengers of great evil. The debt under Andrew Jackson... 01/01/1837.........336,957.83 01/01/1836..........37,513.05 01/01/1835..........33,733.05 01/01/1834......4,760,082.08 01/01/1833......7,001,698.83 01/01/1832....24,322,235.18 01/01/1831....39,123,191.68 01/01/1830....48,565,406.50 01/01/1829....58,421,413.67 Jackson took over in March of 1829 That large drop is after he dissolved the Central Bank controlled by British interests. http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo1.htm Regardless of what snakes like Beck will tell you, Andrew Jackson was indeed a great American. We need a man like Jackson again. |
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07-14-2012, 08:03 PM | #34 |
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You'd have an easier time convincing Americans to nuke their own cities than shutting down the FED today.. Or even auditing it.
They think it's magic. It's like Salomon's Temple.. They're scared to even look into the inner parts of it... and they don't want you to either. Out of respect for this immense, (allegedly) benevolent power that lies inside. I just don't see anything changing here. |
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07-14-2012, 08:09 PM | #35 |
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07-14-2012, 08:13 PM | #36 |
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Look at the Panic of 1837.
After Jackson closed the bank and paid off the debt (the only time that has ever happened) there was a depression in 1837 that was ultimately blamed on Jackson's policy against the bank. Truth is, it was market manipulation by the banking interests to gain control back. And the sheeple fell for it. As they always will. Because the sheeple are only as smart as they're told. |
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07-14-2012, 08:14 PM | #37 |
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07-14-2012, 08:15 PM | #38 |
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I'm afraid you are correct. They don't know what it's doing exactly, but they place complete faith in it to make the good times roll again.. They'll never mess with that.. Thankfully, people are seeing the LIBOR scandal unfold.. and that's getting some attention across the pond. Less here. Does anyone question our own federal funds rate at this point? I don't know why they wouldn't.. I don't trust any of these people any further than I can throw them. |
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07-14-2012, 08:30 PM | #39 |
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I don't think it's all their fault, though.. If you watch ten bucks flow outward from a central bank to the big banks.. Then outward to another ring of commercial banks, it's expanding by say 10X, maybe.. (Minus reserve requirements) at every step.
You get a bubble and wildly increased lending.. and it just gets bigger.. and bigger.. and bigger.. Till it can grow no larger thanks to ancillary forces unrelated to money creation. THEN, it pops and the situation reverses and folds inward upon itself. This is bad enough in and of itself. It becomes worse when that initial spurt of lending was compelled by congress, and was intentionally designed to deliver bad loans to people who couldn't pay them back. |
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07-14-2012, 08:57 PM | #40 |
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