The privately owned Federal Reserve Bank is about to wave its
magic wand and create, with just a few keystrokes, over one
trillion dollars. This money will be lent to the Bush Junta,
at interest of course, in order to solve the crisis currently
engulfing US financial institutions. What is happening, in
summary, is that a few CEO's made billions of dollars on shady
deals, and now a private company called the Federal Reserve is
going to own your great-grandchildren. Milton Friedman roasts
in hell. One trillion dollars divided by three hundred million
Americans comes out to three thousand, three hundred, thirty
three dollars, and thirty three cents a head. That doesn't
include interest. Add that to the debt each American already
owes "The Fed" (note that they are fed, while you
might not be) due to bailing out Freddie Mac, Fannie May, AIG,
Bear Sterns, as well as the payments for the Iraq war, and the
massive borrowing that is done every day so that suburbanites
can buy more plastic crap, not to mention the massive cost of
servicing existing US debt. By any reasonable standard the US
Government should be bankrupt. They're not because Treasury
Secretary Paulson found someone willing to lend the US what
they need. As usual when it comes to making deals with mafia,
you get the money, but man is it going to cost you!
This latest bail out was inevitable. Want to know why? Watch
this video and see how the latest crisis will further
consolidate the massive power of Federal Reserve Inc. I wonder
who owns that company? If you're an American, given the amount
of debt your government has handed you, you can be you can be
pretty confident that it owns you.
Money As Debt
http://www.breadwithcircus.com/vid-moneyasdebt.html