Thursday, November 4, 2010

give me Liberty, or give me DEBT


Citizens Against Government Waste created this commercial
to educate Americans on how we are being sold into bondage
by the same politicians we elected and therefore hoped would responsibly balance our deficit.
It depicts a Chinese professor in the year 2030 teaching his class how Americans are slaves to the Chinese. So troubling, yet so true!
The Chinese are the number one holder of America's debt ($868 billion) at the moment,
but not for long.... the Federal Reserve who currently is the second largest holder of U.S. treasury bonds ($821.1 billion) has announced its second round of quantitative easing,
which will further devalue the dollar by printing up more money ($600 billion) and strictly buying U.S. treasury bonds with it.
A move sure to piss off the Chinese, as the bonds they own are worth less through inflation.
What's more troubling is the press statement reveals:
they "will adjust the program as needed".
The Fed has decided they will print at will as if "money aint a thang".
The announcement conveniently comes on the heels of the November elections,
and days before the 100th anniversary of the first meeting of the Federal Reserve,
which will be celebrated by a 2 day conference to congratulate themselves titled:
A Return to Jekyll Island: the Origins, History, & Future of the Federal Reserve

None of this would matter to the American people if we weren't being taxed on every dollar printed by this private organization which holds our country captive.

Imagine that: being taxed for money no taxpayer will ever see,
which will be used strictly to buy our debt, a debt single-handedly created by the very entities turning on the printing presses.... who laugh in our faces by throwing themselves a party.

The American dream has become a living nightmare even Freddy Krueger would be proud of,
and those who robbed us of our hopes and dreams are giving themselves a pat on the back.
63% of Americans don't believe they'll be able to maintain their current standard of living,
and 47% don't believe the "American Dream" is realistic.
Last year 61% acknowledged they live paycheck to paycheck,
a number which has no doubt grown exponentially as 1.41 million filed for Bankruptcy in 2009 alone.
The mortgage crisis will surely be a thorn in the side of every Americans wallet when the cookie crumbles, and the fact that $849 billion and growing is owed on student loans won't help any.
We are in the biggest debt bubble in the history of the world, the belief that everything will be just fine as you kick your feet up and strap on your 3D glasses is absurd at this point.

will the Federal Reserve cause a civil war?

11 reasons why the federal reserve is bad

end the fed

Ron Paul & the Federal Reserve

is the Federal Reserve out of control?

The Creature from Jekyll Island by Edward Griffin

Defeat the Debt

Money as Debt (video)

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