(Original Story)

It looks like the two unelected and unsupervised Jews who have total authority over our nation’s monetary policy have unilaterally decided to use more of your money to bail out our crooked financial system. Of course, out of all the different industries that are suffering, these men push for a bailout of the banks first and foremost. Why? For one, they have long-reaching ties with the Jewish banking elite. But more importantly, our phony banking and credit system is the only thing keeping our economy, which is completely based on false principles, afloat. To understand this concept a little better I would direct you to the sites in our economic links section on the right side of the page. Visiting these links is a must before you can completely comprehend what I am saying.

Perhaps one of the most important reasons these Jews want the U.S. government to go deeper and deeper into debt is the harsh reality of the Federal Reserve. The Federal Reserve, as you may know, is a completely private bank that has been awarded the authority to lend money at interest to our nation’s government. The Federal Reserve has also been a full-blown Jewish organization from it’s inception. Very few non-Jews have actually served on the Federal Reserve board. As for the ownership of the bank, we’ll never know, since Congress can’t even find out who has a financial stake in this ultimate ponzi scheme.

But here is how it works, in a nutshell. Most of this money that is going to be used for the bailouts does not currently exist. The Federal Reserve will put it into circulation by loaning it at interest to the government. But here’s the real kicker; the Federal Reserve doesn’t have the money either. They have the authority to create as much money as they want out of nothing. Now, stop for a second and think about how good of a gig the Fed has with this policy. They get to conjure up billions out of nothing, lend it to our government, and then sit back and collect interest on it. What real service did they create? What exactly do they do that the government can’t? Why is this system better than the government creating it’s own debt-free money? Well, it’s not better, unless you have ownership in the Fed of course. But, it is the order of these transactions that should make you angry.

You see, when Congress decides to spend money on something they just pass a bill for it, it doesn’t matter how much money the country has on hand because all of the spending is debt-financed. So they spend the money first and pay for it later. But if they spend the money first then that means they have to borrow it first, at interest. Whether they are borrowing from the Fed or issuing government bonds, they are tacking on massive debt to each piece of spending. Now this might raise a question in your head (assuming you’re actually thinking right now), “If all the money spent into circulation has interest attached to it, then where does the money to pay the interest come from?” Ahh, and you would have a valid question. The answer is that the interest doesn’t exist, but it still has to be paid off. How does it get paid off? With your tax money of course. What most people don’t realize is that the overwhelming majority of their federal income taxes go to pay the interest on debt, not to pay for government services. That’s why government is so expensive, because there is interest tied to everything they do. Without attaching so much debt to everything, the government could actually provide just as many services with a much lower tax burden on the American people.

But where does your tax money come from? It comes from previous debt creation either by the Federal Reserve or another commercial bank. So the eventual result is easy to see. We will forever owe more money than there is in existence. If that is the case, where does all the money eventually end up? You guessed it; in the hands of the banks and the Fed. And why do they have the authority to run such a scheme? (Other than the obvious benefits for them of course) But seriously, what do they create? Do they actually create anything of REAL value? Anything tangible? No. Nothing. They create absolutely nothing that the government couldn’t do on it’s own, debt free.

So here’s the rundown on how it works: The government passes a spending bill; they then finance it through short term bonds/bills, or by borrowing it from the Fed. The government then collects taxes from you, and uses your money to pay off their debtors. But since we allow our debtors to collect most of the interest up front it allows the principle to stick around longer. As with any loan we end up paying more interest to the Fed than what the original principle was, allowing them to have the perfect cash cow for no good reason. Not to mention the inflation that all this creates, which is quite possibly the most painful and unrealized tax on the American middle class.

It is this constant cycle of inflation that has slowly eroded the standard of living we once had. By this I am referring to back in the good old days when you could own a car, a house, and pay for college yourself. A family could actually raise their own kids instead of paying thousands of dollars a year for someone else to take care of them. People were in very little debt relatively speaking. Sure, people have more “gadgets” now, but we are also in debt up to our eyeballs. That’s not real wealth. You don’t need inflation to fuel innovation. We are a poorer nation today than we ever have been. The sad state of this country will never turn around until we completely overhaul our monetary policy – no matter what either political party promises you.

Original Story

Filed under: Nation

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