What if the greatest scam ever perpetrated was blatantly exposed, and the US media didn’t cover it?

[axollot]

Snip

Let me sum it up for you: The American Dream is O-V-E-R.

Welcome to the neo-feudal-fascist state.

People throughout the world who keep using the dollar are either A) Part of the scam; B) Oblivious to reality; C) Believe that US military power will be able to maintain the value of an otherwise worthless currency; D) All of the above.

No matter which way you look at it, we are all in serious trouble!

If you are an elected official, (I know at least 17 of you subscribe to my newsletter) and you believe in the oath you took upon taking office, you must immediately demand a full audit of the Federal Reserve and have Ben Bernanke and the entire Federal Reserve Board detained. If you are not going to do that, you deserve to have the words “Irrelevant Puppet” tattooed across your forehead.


http://ampedstatus.com/the-wall-street-pentagon-papers-biggest-scam-in-world-history-exposed-are-the-federal-reserves-crimes-too-big-to-comprehend

Excellent post on the Fed Reserve Heist.

Cheers
Sandy

[shraby]

1. The Supreme Court decision to appoint Bush to the presidency.

[dkf]

2. We had our best years after the wars destroyed the manufacturing base of Europe and Japan

In WWII.

Maybe that was the aberration.

[karynnj]

4. You mean that we were not eternally suppose to have 46% of the world's GDP?

http://hir.harvard.edu/energy/us-economic-power

I agree with you, for most of we were born into an atypical non-sustainable economic time.

[Statistical]

5. Exactly. There is nothing inherently magical about Americans.

We aren't God chosen people.
We aren't genetically superior.

The belief that the rest of the world wouldn't eventually become competitive is naive.

Of course that means we need to significantly cut back on military expenditures. As our influence and share of economic activity wanes so will our military footprint. History has shown most empires (Roman, British, Soviet, etc) have a problem with this phase. They keep trying to pretend they are at the height of the empire.

If US doesn't resist in 20-30 years we will be another UK or France. A significant presence in global politics but no longer a hegemony. I don't think we can do it. We will pretend until it bankrupts us.

[dkf]

6. Surely there must be some Genius types that have gamed this out.

Or maybe they all work for China now.

[On the Road]

3. Now Wait a Second..

Can you imagine what we could do to restructure society with $12.3 trillion? Think about that

These were loans. The authors makes no mention of repayment, but if they are similar to TARP loans the money has likely been repaid already.

Look, the Fed may be overstepped their mission in making the loans in order to save the system.

This is not a good piece to promote this point of view. The author is shrill, confused, and deceitful.

[axollot]

7. It mentions in the article about it not being conventional 'loans' - these are

0 interest loans. Pay them back...or not..
That point was very clear in the article posted. He even mentions that many Americans would see it just as you did.

12 Trillion Congress NEVER Authorised. Who is running who here?

Cheers
Thanks for taking the time to comment
Sandy