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WHO BENEFITS FROM DEFICIT SPENDING ??

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 Jim Carter

Contact: ppj1@hush.com

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The government incurs a trillion dollar increase in the National Debt annually to spend money it does not have so congress-critters can fund pork barrel projects back home and get reelected. Is theft from the public by inflation for the “freebies” the end of the scam?? Not hardly.

06b0e53c-d69d-11e3-bfaa-12313d1c3a13-mediumFor congress to get the book entry money created on the government’s bank account, the Treasury Department must send a Treasury security to the FRBNY. Then the FR will honor checks on the account and the fiat money is added to the economic system (inflation occurs).

But what happens to the security received by the FRBNY (as collateral for a loan) ?? Why, the bank auctions it off to the Primary Dealers and pretends it has been done by the Treasury Department. The funds go to the FRBNY.
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Governments cause inflation ? Not !

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Olde Reb

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Mr. Hornberger chides the citizens of Argentina who fall for the government propaganda that businesses are responsible for inflation because they raise the price of goods and services in his recent article.  He then slams their schools for not educating the people.

Perhaps Mr. Hornberger should review the economic chaos of the United States and Europe and questionnew one whether it is the government or financial institutes that cause—and profit from—inflation. “Bought off” and corrupted are terms that come to mind to identify the cause from the implementer..

The methodology by which the Federal Reserve Board of Governors conceals $4 billion daily from the auction accounts of Treasury securities that are exclusively handled by the FRBNY—the accounts have never been audited or reported to Congress as required by law—has been documented. Ref. FEDERAL RESERVE HEIST. The lengthy mathematical analysis of the Fed’s Ponzi scheme that dates from Rothschild’s “loaning” to rulers of centuries past to reveal the inherent national bankruptcy of their scheme is available. Ref. RIP OFF BY THE FEDERAL RESERVE.

The use of that money to fund the New World Order using the World Bank and International Monetary Fund has been theorized. Ref. FUNDING THE NEW WORLD ORDER. The embezzlement of the Treasury auction funds by the FRBNY and FRBOG has been brought to the attention of the United States government. Ref. AMENDED COMPLAINT—WHISTLEBLOWER SUIT.

The “end goal” of the cabal has been stated in internal memos to be the collection of the $17 trillion National Debt of the United States.  Greece and Cyprus are but two available examples of their collection methods.

And still Mr. Hornberger is unaware of the future tragedy and demise of the U.S. while he belittles the economic knowledge of the Argentina people.    The academic centers of the U.S. {that must groom economists for future employment with the largest employer of economists–the Fed and the banks—and who also receive largess from them} have done a great job in hiding the perfidy of the Fed.

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Ref. http://fff.org/2014/03/18/the-governments-inflation-scam/

All articles available at www.scribd.com/oldereb.

Nero Fiddles at the Bankers’ Ball

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new-logo25Copyright © 2013 by W.R. McAfee, Sr. All Rights Reserved

November 9, 2013

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Audience marvels as currencies burn

And old and organized international cabal of white-collar banking thieves prowl the planet with a grab bag of heinous tools—war, deception, bribery, financial manipulations, recessions, depressions, shortages, misery for humanity— perfected over the centuries; enabling them to steal money and commandeer nations’ (and citizens’)  treasure by offering deliberate debt the bankers know can’t be repaid when they make the offer.

hijackedUsing the British army at the time, these bankers, who are headquartered in a square-mile area known as The City located in the middle of London, and who are an independent “country” with their own constitution, law, and police force separate from Britain,  attempted to gain control of America with two wars—the Revolution and the War of 1812. Their agents were back supplying Indian tribes throughout the country and on America’s borders with weapons, ammunition, supplies, staples and encouragement to kill colonists and wage war on America before the Revolution’s powder smoke settled

Both times they failed.

Undeterred, and with their eyes on a resource-rich American prize, the Rothschileans’ regrouped in The City and set loose a deceptive scheme to attack the nation with their money. More

Unholy Alliance: The Federal Reserve and the Treasury

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new-logo25By Cassandra Anderson
June 14, 2012

Morphcity.com

The Federal Reserve and the Treasury are running a scam that funnels freshly-printed money from the FedUnholyAlliance into the Treasury, using Freddie Mac and Fannie Mae as the pipeline.  Freddie Mac and Fannie Mae were taken over by the government and put into conservatorship in the 2008 bailout.  Freddie Mac and Fannie Mae are companies that bundle mortgages and then sell them to investors.  At the end of 2012, the Federal Reserve committed to spending $40 billion per month on Freddie Mac and Fannie Mae mortgage backed securities, creating an artificial market.


This system is troubling for the following reasons:

  • Unchecked money-printing (quantitative easing) causes massive inflation
  • As the Federal Reserve buys more mortgages on people’s homes, it could eventually own the majority of the real estate market through mortgage purchases, and become America’s landlord
  • Real wealth (land ownership/mortgages) is being transferred into bankers’ hands in exchange for paper fiat money created from nothing
  • A new housing boom has been created that will end in a bust

The Treasury is using the $40 billion/month paychecks to bridge the federal debt and make Obama look good.

Shareholders in Freddie Mac and Fannie Mae are suing the US government for bailing out and taking possession of the companies in 2008.  The shareholders are angry that the Treasury is pocketing all  of the “profits” that Freddie Mac and Fannie Mae are generating.  But the profits are an illusion as the Federal Reserve is propping up the companies. More

Who Owns The Central Bank That Owns The Money In Your Pocket, Purse, or Bank Account?

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new-logo25Opinion: by W. R. McAfee, Sr.

March 25, 2013

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“Which is precisely the reason Iraq, Libya, Syria (work in progress if the Russians don’t block it), and Iran (soon, if the Chinese don’t block it) are being demolished for the bankers with American troops. These nations had their own central banks, didn’t draw from the BIS, furnished their countries with their own currencies, and were beginning to trade oil for gold.”

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PART 1

Globally, there are 150 central banks. They’re owned and controlled by descendants of 13 of the world’s richest banking families, many of whom who begot their fortunes began centuries ago financing wars for Kings and nations, and usury interest from capital loaned. Original owners include the Rothschild’s, Warburg’s, Oppenheimer’s, and Schiff’s.

These central banks are controlled from a square mile area located in the middle of London known as The hijackedCity — the richest square mile on earth—from which the world’s finances are controlled through the banks; which are located in the world’s strategic countries; so named because of the natural resources they possess.

The central banks in these nations are the only banks allowed to print money for those nations; which is sold to that nation for its face value with interest; which generates a perpetual revenue stream into the Bank of England that’s located inside The City —all for the cost of paper, ink, and press time.
The City has its own courts, laws, flag, police, answers to no nation, and pays no taxes—to anyone. It is neither a part of the British Commonwealth nor beholding to the crown. In fact, it is the crown; a privately owned corporate city-state in the middle of London to which the British Royals themselves are beholding; they, the government, and London officials being fronts for The City.

The City also owns (1) the Bank of International Settlements (BIS) in Basel, Switzerland, (from which their 150 central banks can draw funds), (2) the 10-square mile city-state (created in violation of America’s Constitution in 1982 to “legally” benefit the bankers) that’s known as Washington, D.C., and (3) the Vatican city-state and bank—all of which operate under the same flag, rules, and “constitution” as The City; their “constitution” being a tyrannical Roman law called Lex fori that has no resemblance to the U.S. Constitution.

Today, it’s estimated The City controls two-thirds of the world’s money; which includes the money in your pocket or purse, and the world financially with its central banks.
They also control the world militarily with the United States military.
But it wasn’t always so.

Presidents prior to 1913 routinely threw central bankers out of America

America’s Constitution and its accompanying Bill of Rights were so well written and thought out that it kept a stiff-arm in The City’s face for more than a century. More

AN OPEN LETTER TO POLITICIANS AND BUREAUCRATS EVERYWHERE

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The View From Montana

The View from Montana has gotten several requests for the letter read during our last night Blog Talk Radio Show. One of our frequent listeners, Marilyn shared with us this gem, that she has kept for years. A treasure that she has kept so long, that she can’t even remember where she got it from or even who penned it. TVFM has tried to research it, but hasn’t come up with anything. Perhaps one of you can fair better. Till then…

Written by [ANONYMOUS ]___________________________________________________________________

AN OPEN LETTER TO POLITICIANS AND BUREAUCRATS EVERYWHERE:

Our forefathers gave us a Republic, you turned it into a Socialist Democracy.

We had free enterprise, you gave us managed competition and Keynesian economics. hijacked

We had a Treasury, you gave us a central bank in the Federal Reserve.

We had an industrial base unparalleled in the history of the world, you gutted it.

We had the best merchant fleet, you scrapped it.

We had fifty sovereign States, you gave us ten Federal Regions.

Where we once had law, you gave us social engineering in lieu of justice.

We had an educational system that worked, you turned it into a propaganda mill for political correctness.

Our military, until Korea, was undefeated. You turned it into a hired gun for the U.N.

Where we once stood alone, completely self-sufficient and a true world leader, you gave us  global interdependence.

To accomplish all this, you taxed us unmercifully.

You abandoned the Constitution in favor of the U.N. Charter.

In short, you, the politicians and bureaucrats, have robbed, raped and pillaged this once great nation and turned it into a provenance for what you call a “New Word Order.”

If you wonder why you are held in such contempt, you might reflect on the above reasons. Further, if you think your treason has gone unnoticed, it hasn’t.  On any given day across this land, in cafes, churches, in homes, anywhere that’s convenient to meet, people who still love this Old Republic gather.  And like it of not, they are talking about YOU!

Borrowed, Sent and Signed by a Proud, Angry American Sovereign

RE: FUNDING OUR OWN SELF DESTRUCTION

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new-logo25Jim Carter

To contact Mr. Carter please email: ppj1@hush.com and your message will be forwarded.

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Dear congress-critter,

TRUTHOUT website documents the control Goldman Sachs has acquired over European nations by financial indebtedness using various scams resulting in imposed austerity: Infiltration of the U.S. government is also presented. Austerity  measures in the U.S. are already being discussed.
A link to an article identifying the IMF and the World Bank (operatives of Wall Street) as the largest sources of world poverty should be of interest. The IMF and World Bank rely upon the CIA to impose their exploitation upon indigenous citizens. Ref. KILLING HOPE by William Blum; CONFESSION OF an      ECONOMIC HIT MAN by John Perkins.

That the CIA is the operating arm of the Council on Foreign Relations (CFR) should be obvious. The     government has no financial gain from the above mentioned exploitation.  Numerous nefarious acts of the CIA operating against the best interests of  the U.S. including war-mongering and assassination have been alleged. The U.S. military is used to squelch any resistance. More

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