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    THE Super Ultra Wealthy Man can see the future, he sees horror ahead

    Getting 500+ people to agree on something and educate them on the complex subject of money is difficult. Class-action lawsuit against the Fed to only use existing assets when buying new bonds fixes the root of the problem. All Americans are plaintiffs.
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    How many new bonds will the Fed purchase today?

    Each bond has a 30 year repayment. How old will you be when you pay off the debt that is spent today?
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    Janet Yellen Gives Her Clearest Comments Ever

    The Fed has become very adept at managing the economy. But it requires purchasing $1 trillion in bonds every year to maintain. 30 years to repay with interest. The next time you see a child, "Hey kid, you owe $58 grand. Get to work little debt-slave." "You better file that 1099 on that...
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    Tax cuts reduce revenue - Kansas edition

    A good idea might be a public discussion board hooked up with the Kansas legislators. Talk this out with the legislators themselves.
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    Realistically suing the Federal Reserve in a class action lawsuit

    FYI, there are about 24,000 lawyers in the NYC area. They owe me $4,320 each. Plus interest.
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    Realistically suing the Federal Reserve in a class action lawsuit

    No damages yet. And yes, I did sue the NYC Bar Association. I spent a year walking the streets of NYC, homeless. And yes, I still do have that open judgement. They owe me $100 million plus interest. The problem? No one knows about it, so they pretend it didn't happen.
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    Realistically suing the Federal Reserve in a class action lawsuit

    So who is going to "break" this story?
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    Realistically suing the Federal Reserve in a class action lawsuit

    As lead plaintiff, I am currently looking for a lawyer who is familiar with multi-state class action. I was hoping one might contact me directly without me searching for one. However, that did not happen. If you know a lawyer or firm who would like to be a billionaire, have them contact me...
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    Realistically suing the Federal Reserve in a class action lawsuit

    http://linkedin.com/in/keihatsu for information about me. I am sick of anonymous thieves and anonymous arrogance.
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    Realistically suing the Federal Reserve in a class action lawsuit

    Stop putting words in my mouth. Say something of substance. I am fixing your ponzi scheme. If you wish to speak with me, tell me your name and a photograph and physical address.
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    Realistically suing the Federal Reserve in a class action lawsuit

    The USD derives its price from existing contracts. The bond price/USD exchange rate/USD purchasing value don't have a whole lot to do with each other. If bonds go to zero tomorrow, is your paycheck going to change? No change. What about the price of a cup of coffee? No change. Your...
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    Realistically suing the Federal Reserve in a class action lawsuit

    Signing a piece of paper to join a lawsuit? It's kind of like a petition. You'll just receive a check in the mail direct from the Treasury. Not much work.
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    Realistically suing the Federal Reserve in a class action lawsuit

    I submit the Fed is purchasing bonds with nothing, therefore can be found guilty of fraud. Remedy is: forcing the Fed to exchange something of value when purchasing bonds. Also, a $500 billion cash judgement for the Plaintiffs (hopefully it will be about $1,000 for every American, including...
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    Visions of the future

    Lawrence Summers wrote a good article in the WSJ about lack of jobs due to automation. Currency is a product manufactured by the central banks. People must work to purchase that currency. Jobs. If, for example, taxi drivers are replaced by robots, taxi drivers will not have a way to...
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    VISA and MASTERCARD about to lose Entire Asia. US government cause and effect

    All it takes is a central bank to issue an edict that all local debit cards use a different logo. 98% of the population turns in their debit and credit cards for the new logo and yawns.
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    Fractional-reserve lending vs. Creating money to purchase bonds

    All true. But, legally and accounting-wise, that journal entry can be fixed. It would require the Fed to only lend something of value. That places the Fed on the side of fiscal responsibility. At the moment, the Fed assumes no risk when purchasing bonds.
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    Fractional-reserve lending vs. Creating money to purchase bonds

    When the fed creates money to purchase bonds, the treasury spends it. Where does that newly created money get spent? Government contracts. While it does provide some jobs, it is in sectors defined by congress. Usually defense related. That is not an economy. That is a military. Since the...
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    Fractional-reserve lending vs. Creating money to purchase bonds

    Money is destroyed when it is paid back. You are assuming the loan is rolled over. In practice loans are rolled over. What is the root of the rollover? Answer: bond purchases by the Fed.
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    Fractional-reserve lending vs. Creating money to purchase bonds

    FYI, when a fractional-reserve loan is paid back, that money is destroyed. So there is an equal amount created and destroyed. Interest must come from somewhere else, but that is the price of the loan. Bond purchases are made the same way, however, due to politics, the loan is essentially...
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    Fractional-reserve lending vs. Creating money to purchase bonds

    Actually fractional-reserve is not the root of the problem. It appears corrupt because some have direct access to low interest loans while others do not. However, saddling the population with debt via bond purchases that are nearly unrestricted is the root.
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