Unfortunately for us taxpayers, it's all too real, as the money they 'loan' to the Washington Mafia has to be re-paid to them (right now, it is mathematically impossible to re-pay, unless all of our corporate and personal income is taxed at over 90%). Imagine the tea parties for that! Actually, that would result in a revolution against Washington (like there hasn't been reason to do that already). They've basically been engaged in the biggest ponzi scheme of all-time since 1913... wow, mostly unbeknownst to the general public.Fed Finances
-
Col. Flagg
- Level 34 Illuminated
- Posts: 16961
- Location: Utah County
Re: Fed Finances
The 'Fed' is a joke and a farce... it's like the bank during a game of monopoly... it's nothing but funny money or play money you're dealing with! Unfortunately for us taxpayers, it's all too real, as the money they 'loan' to the Washington Mafia has to be re-paid to them (right now, it is mathematically impossible to re-pay, unless all of our corporate and personal income is taxed at over 90%). Imagine the tea parties for that! Actually, that would result in a revolution against Washington (like there hasn't been reason to do that already). They've basically been engaged in the biggest ponzi scheme of all-time since 1913... wow, mostly unbeknownst to the general public.
Unfortunately for us taxpayers, it's all too real, as the money they 'loan' to the Washington Mafia has to be re-paid to them (right now, it is mathematically impossible to re-pay, unless all of our corporate and personal income is taxed at over 90%). Imagine the tea parties for that! Actually, that would result in a revolution against Washington (like there hasn't been reason to do that already). They've basically been engaged in the biggest ponzi scheme of all-time since 1913... wow, mostly unbeknownst to the general public.-
Col. Flagg
- Level 34 Illuminated
- Posts: 16961
- Location: Utah County
Re: Fed Finances
A lot of people are insolvent and are only able to live off credit cards, many corporations are insolvent, the banks are certainly insolvent, the U.S. 'government' is insolvent and the 'Fed' is insolvent, yet, somehow, it's still business as usual in DC. Go figure.Gman007 wrote:Mathematically it must come to an end shortly....we are insolvent!
IMO, it's a testament to how manipulated and fraudulent the whole thing is.I remember hearing from my wife about a lady who was on Oprah a few months back who had accumulated 29 credit cards and she was juggling all of them in order to make her monthly mortgage payment. Are you kidding?
However, at the same time, we live under the control of private bankers and a debt-based monetary system that they benefit from. I had the privilage of assisting with an Eagle Board of Review last weekend for a local Scout and one of the fellows who sat in with us made the comment (when referring to finances) "those who understand interest earn it... those who don't pay it'. I couldn't have disagreed more. I have a degree in accounting and understand interest 100%, however, I don't earn it, I pay it because of two job layoffs in the past 8 years, low wages in Utah and a family to take care of, not to mention this debt-based economy we've had to adjust to thanks to scheming con men.