I have two articles of the same flavor:
RUBIN predicts default date
GEITHNER predicts default date
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I have two articles of the same flavor:
RUBIN predicts default date
GEITHNER predicts default date
Thanks. I'm hopeful that this time, Congress will NOT raise the borrowing limit. Enough is enough. We've been oppressed by the banking cartel far too long already. And Congress, don't for a minute think we (the good side) can't see what you're doing, and that an evidence trail isn't being gathered. The White Hats Report
Not sure why this thread appears as a "Hottest Topics" this week, but in case you're hankering for more, here is SGTbull talking with Bob Chapman on June 9th. 22 minutes in two parts.
http://sgtreport.com/2011/06/bob-cha...he-illuminati/
Thanks. I don't know why either - unless there were a lot of readers in one day?
The "Hottest Topics" is configured to list the top 10 threads that have the most replies over the past seven days (or at least it's supposed to work that way). I'll have to observe it to determine whether or not its working the way that is should (I'll admit to not paying attention).Quote:
Originally Posted by stoneFree
Thanks,
YellowAdmin
if you go here, scroll down to Radio Show Archive and grab the Wed. (6/15/11) show, fast forward to about the 35-minute mark, you can hear Bob Chapman answer the question:
Also, here is attorney Al Hodges latest letter dated June 15th:Quote:
Q: If the US govt defaults don't you think the govt will pony up all the foreclosed properties as payment, especially to the Chinese to keep them from invading us?
And the answer is no. They don't care about the Chinese. As far as they're concerned let 'em invade. You don't understand the mentality of these people. ..."
http://www.scribd.com/doc/58049818/Y...dges-Too-Yesui
where he appears to both criticize and thank the Chinese; and I think suggest he will move on and find another way to get the disbursement of WGS funds done.
The White Hats have posted a new June 17th report:
http://tdarkcabal.blogspot.com/2011/...report-21.html
which also includes Al Hodges latest plea to China for help. Help against criminals, current and former US office-holders. If any of this is to be believed, it points to a behind-the-scenes war currently raging with huge ramifications for you & me, the little people.
Whoa, just stumbled upon this:
http://www.marketskeptics.com/2011/0...s-history.html
What I have been afraid to blog about: The ESF and Its History (Part 1-3) by Eric deCarbonnel
I apologize if this is posted to wrong thread; some of this is hard to categorize.
Ron Paul offers an interesting solution to the debt ceiling:
Have the Federal Reserve Board destroy the $1.6 trillion in government bonds it now holds.
Okay. After studying the article that I have linked in the above quote, I find that the article is not entirely accurate to Ron Paul's proposal. The article implies that Ron Paul suggested for the $1.6 trillion in US bonds be destroyed.Quote:
Originally Posted by Rock Anthony
No. Ron Paul simply suggested that Congress stop paying the principal and interest on those bonds (forgive the debt). That's entirely different than destroying the bonds.
But let's look at the idea of destroying the bonds. Federal reserve notes are bonded to those US bonds. If the bonds are destroyed, then you have $1.6 trillion dollars worth of Federal reserve notes that are now legally qualify as counterfeit cash! (I'm of course presuming that the Fed paid for those $1.6 trillion dollars worth of US bonds with $1.6 trillion dollars worth of FRNs, and not with simply electronic book entries).
I am not seeing the difference between stopping payment and destroying the bonds.
Well, from the research I've done, if the bonds are literally destroyed, they'll be missing from the Feds balance sheet.Quote:
Originally Posted by David Merrill
Allowing the bonds to exist, but simply stopping payments, will allow the Feds balance sheet to stay balanced.
But the thing I find most intriguing is the $1.6 trillion dollars worth of unbonded FRNs if the US bonds were actually destroyed.
What is an unbonded Federal reserve note?
I wonder if such words would be spoken on the House floor absent Ron Paul's rise in popularity.Quote:
House Budget Committee Chairman Paul Ryan:
“We cannot keep spending money we do not have," said Ryan. "Forty-two cents out of every dollar coming out of Washington is borrowed money, 47 percent of it from other countries, China number 1 [most of all]. Mr. Speaker, you cannot have sovereignty, self-determination as a country if we are relying on other governments to cash-flow [finance] half of our deficit.”
http://en.wikipedia.org/wiki/Historical_materialismQuote:
Originally Posted by Rock Anthony
Commerce first, political status second....
That's an amazing few videos there, thanks!Quote:
Originally Posted by stoneFree