Page 1 of 2 12 LastLast
Results 1 to 10 of 15

Thread: US Default - then and now

  1. #1

    US Default - then and now

    I have two articles of the same flavor:


    RUBIN predicts default date
    GEITHNER predicts default date
    Last edited by David Merrill; 06-09-11 at 05:35 PM. Reason: Correct Link

  2. #2
    stoneFree
    Guest
    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
    Last edited by stoneFree; 06-10-11 at 06:06 PM.

  3. #3
    stoneFree
    Guest
    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/

  4. #4
    Thanks. I don't know why either - unless there were a lot of readers in one day?

  5. #5
    Quote Originally Posted by stoneFree View Post
    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
    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).

    Thanks,
    YellowAdmin

  6. #6
    stoneFree
    Guest
    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:
    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. ..."
    Also, here is attorney Al Hodges latest letter dated June 15th:
    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.

  7. #7
    stoneFree
    Guest
    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.

  8. #8
    stoneFree
    Guest
    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.

  9. #9

  10. #10
    Quote Originally Posted by Rock Anthony View Post
    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.

    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).
    Last edited by Rock Anthony; 07-07-11 at 11:23 PM.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •