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alstry (35.13)

From World's Cop To World's Criminal

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November 10, 2010 – Comments (1)

At the end of WW2....we were the nation that was the world's producer, lender to governments, and applied a fair and just rule of law unlike any nation in history....

Then as decades went by, we produced less, became a net importer, and consumption drove our economy.....this continued until our nation became a sub prime borrower.....

And as a sub prime borrower....we borrowed and borrowed and borrowed to keep consuming.....as a matter of fact, our borrowing increased from $5 Trillion in 1980 to $55 Trillion today.....

and it was the borrowing which created the money seated in most people's savings accounts today.......it was that money which allowed the prices for everything we pay to skyrocket....

check out "What is Money" at www.GTBnews.com

borrowing drove money.....money drove spending......and spending drove the economy.....

WE BECAME ADDICTED TO BORROWING.....OUR CITIZENS, OUR BUSINESSES, AND OUR GOVERNMENTS.....

Until one day, the bankers cut off the citizens from borrowing....then bankers cut off the private businesses......and the private economy collapsed......

And when the private economy collapsed......the tax receipts evaported and few wanted to lend government anything.....

So a deal was cut between Wall Street and Washington.....change the laws and bail Wall Street out....and Wall Street will lend government as much money as Washington wanted......but only one problem......Wall Street was broke and sales were collapsing........

So Wall Street being the owner of the Fed had an idea....since few want to borrow, and even fewer want to lend........JUST HAVE THE FED COUNTERFEIT MONEY AND PRINT UP AS MUCH MONEY AS WALL STREET AND WASHINGTON NEEDS FOR ESSENTIALY FREE.......while it continued to let the private economy die......

Wall Street and Washington became the PRIMARY consumer of credit and the spender of the nation using counterfeit money as credit was cut off to much of America.

WALL STREET AND WASHINGTON... THRU THE FED.... TOLD AMERICANS AND THE WORLD WE NO LONGER NEED YOUR TAX RECEIPTS......WE NO LONGER NEED TO BORROW FROM YOU......WE ARE COUNTERFEITERS AND CAN PRINT UP AS MUCH MONEY AS WE WANT AND WE CAN DO WHATEVER WE PLEASE REGARDLESS OF WHAT THE WORLD THINKS....

Now we are governed and ruled by counterfeiters.....the can pick what lives and dies..who gets money and who doesn't....they are not limited by a rule of law....and they have chosen themselves to live and much of the rest of the nation to fail.....

UPDATE:Harrisburg Hires Bankruptcy Counsel,Gets Fiscal Advice

1 Comments – Post Your Own

#1) On November 10, 2010 at 4:45 PM, alstry (35.13) wrote:

Even Greenspan calling Wall Street Criminals....

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