I was startled when I heard somebody try to convince me yesterday that, They are buying their own bonds... that is called Quantitative Easing. The dichotomy is based, in my opinion on a common misperception that people, ordinary people can sign the endorsement area on the backside of their paychecks without acting as Fed banks in the Federal Reserve Act. In other words, the "Them" in comments like I heard is actually "The Bankers" - which is actually "Us" considering the vast amount of Americans who still endorse private credit from the Fed.
This morning I heard the first full five-minute broadcast about the immanent Government Shutdown. As we start into discussions here on the forums about my publication of lien for $20M as the US Government struggles with a default on its obligations, I hope we can all keep in mind Remedy, as it is written into the law.
Quatitative Easing is actually the American People buying bonds to create the money, off of their consent during a term of the Global Financial Crisis called the Subprime Mortgage Crisis that began precisely on August 13th, 2007. Then, at that time, OBAMA called it Bailout, and the People gave consent for Congress to sign for them - to sign the endorsement of super-fractional creation of extra currency to inject into the system; which is to say, Congress started endorsing the creation of money for people, based in a blanket signature - consent to endorse.
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I believe JIN Renqing was executed shortly afterward. Last I heard he was jailed for sex crimes and visits from his attorney and family forbidden. A few months later I heard that China was considering lifting the death penalty for financial ministers who commit acts against the ROC State. - Too late for Renqing.
I will do my best to keep this tied together so that you can understand easily without spending a lot of your time. I suggest though, you take a moment to listen to the attached audio file. I am expecting that China Daily - being a daily paper will be publishing my Notice of Lien any day now and we might just be hearing my name. JJ MacNAB (Demosthenes on Quatloos) is already setting herself up to be a David Merrill pundit as she likes to stab people like me whenever possible.