Sunday, August 1, 2010

Why are TTM paying taxes?

The taxpaying majority (TTM) ability to pay down the national debt, if it was not in the midst of a recession, has been kicked down the road to yet another unborn generations. These unborn generations are accumulating interest debt and will be born into debt slavery.

Its slowly becoming clear how a captured congress is borrowing more money from an international financial cartel (IFC) above and beyond what is needed to cover puffed budget deficits. These access bonds will have to disappear through an incident similar to the destruction of buildings on 9/11.

When law and order finally returns to Washington DC someday, computer records will reveal skeletons in financial closets. In the meantime access cash is being used to prop a synthetic stock market, which is churning volume through HFT.

Both political parties are participating in this treasonous, obscene fraud, which incrementally dissolves the constitution, US sovernity and purchasing power of the US dollar.

When the federal government barrows more money then it needs to cover deficit spending, it exposes the folly, pillage, plunder and obscenity of federal, state and local income taxes. Congress could borrow for example $3 quadrillion dollars from the foreign owners of the Federal Reserve System.

Congress could pay off the US national debt, and balances the global derivatives market. This action would be inflationary and deflationary at an accelerated pace instead of the boiling frog method currently utilized.

If all those that hold US government debt conducted a run on treasuries at fire sale prices global printing presses do not have the capacity to produce enough $100 bills to satisfy demand. Maybe oil interest is buying US treasuries out of London similar to how they bought gold around $800 per ounce before it crashed to $260.

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