It Is Now Mathematically Impossible To Pay Off The U.S. National Debt
- Thread starter Tauvros
- Start date
Right !!!
The Facts of the Fed need be 100% brought into the light.
Charges of Conspiracy, Treason, Fraud and Theft need be imposed.
A new category of "War Crimes" needs be implemented
to include the above with death sentences for the major involved parties and a life sentence for the accomplices.
Executive Order 11110 needs be honored. (Signed by President John F Kennedy before he died.)
Every bit of interest that the Fed has charged since June 4th 1963
needs be immediately calculated and removed from the nations debt. If the parties owe
"which they likely do" then collection needs be implemented.
An economic sovereignty policy needs be implemented with a return to a Constitutional Government.
This is absolutely PRICELESS!!!!
I will reveal to you why more people don't talk about it... It's because people, for the most part, are not idiots. They know that debt is issued by the US Treasury, rather than the Federal Reserve. Most people also know that a very large portion of US govt debt (more than 60%) is held domestically, which would imply that the people "forced to forgive all our debt" are actually US taxpayers.
As to the original post, it's, as usual,full of nonsense and factual errors. It's become too repetitive to point out the inaccuracies.
I disagree, I believe that for the most part people are idiots, due to a broad variety of contributory factors.
I'm sure if you could manage just one more time, many people would like to read what you believe the function of the federal reserve to be, if it isn't the issue of money?
Also, how do you suggest US taxpayers forgive themselves of "debt"?
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debt is issued by the treasury, but is monetized by the federal reserve- ie. the US treasury owes the federal reserve money! 60% of the money used to finance govt debt may have come from the taxpayers, but that money originated from banks via lending, who borrowed the money to lend from the federal reserve. therefore we are ultimately in debt to the federal reserve, who owns us all!
You'd create another debt bubble, this one unstoppable without hitting sovereign default.
That's a sovereign default.
Then what?
How does the world function the morning after?