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Has the US treasury taken over the Fed?????

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posted on Dec, 15 2006 @ 09:31 AM

A report scheduled to be released by the Treasury Department tomorrow is expected to show the true deficit in the Bush administration's 2006 federal budget to be an astounding $3.5 trillion in the red, not $248.2 billion as previously reported.

Please visit the link provided for the complete story.


from my own post here:'

There is talk of 4.5 trillion debt.....3.52 trillion + several hundred billion +about 500 billion for criminals and thief's and you get 4.5 trillion.

Just playing with numbers, but it does sort of match and start making sense.

posted on Dec, 15 2006 @ 11:08 AM
Good find MM. But I don't understand why they're saying that the Treasury has overtaken the Fed Reserve. Can anyone explain this?

posted on Dec, 15 2006 @ 11:21 AM
is that report supposed to be out tomorrow as in Saturday or tomorrow as in sometime today???

dollar and stock markets are pretty strong right now, so if this has already come out, then investors obviously don't care about our trillion dollar debts, if it hasn't come out yet, then there might be a substantial fall from all these record highs.

posted on Dec, 15 2006 @ 11:34 AM
here is a link to the orginal article refered to by my post.Source

here is a little about Mr. sinclair from his website.

[new]Jim Sinclair is primarily a precious metals specialist and a commodities and foreign currency trader. He founded the Sinclair Group of Companies (1977), which offered full brokerage services in stocks, bonds, and other investment vehicles. The companies, which operated branches in New York, Kansas City, Toronto, Chicago, London and Geneva, were sold in 1983

Please visit the link provided for the complete story.

Is it right???
Is it BS????

Frankly I am not sure.
I was hoping some of the more knowledgeable members in banking and fianance might give this all a yeah, nah or hmmmmm.

posted on Dec, 15 2006 @ 12:26 PM
I spent a few minutes thinking about this and well I'm more confused than ever as what and how any of this will actually play out and whether it is true or not.

Right now you got the feds in China, trying to get the Chinese to let the Yuan appreciate, but a strong Yuan means a weaker dollar, so the thought has crossed my mind that US and China are trying to agree on a controlled decline of the dollar. And a weaker dollar would probably be beneficial to the trade deficit. As of this moment we have the dollar making a pretty good comeback against all the majors, which has kind of caused me to have a even greater wariness that perhaps indeed a set up is happening in order for the Feds and Chinese to work out their scheme of balancing out the dollar and yuan.

anyways, these are just the random thoughts of conspiracist and not any market advice, analysis or prospectus, so I prepared to be fully wrong and witness an even stronger dollar than what my current sentiments may be.

posted on Dec, 15 2006 @ 02:56 PM
I wonder if this has anything to do with this???


Why is gold going down so fast???

In three days it went from ~$627US to ~$614US.

When the US dollar goes down, usually gold and metals go up, so why are metals going down when the dollar is going down???

posted on Dec, 15 2006 @ 03:03 PM
gold and materials have survived their values for many years regardless of the $$ value. owning metals and other elements is the only safe way to invest.

All those stock market records were coming while the $ was falling and falling fast. the way money works is a fraud. a real dollar these days is actually worth around 2 cents to what the dollar used to be.

by design its meant to eventually collapse to the big banking cartel can buy up the economy for very cheap in the future.

and keep everyone slaving for them

posted on Dec, 15 2006 @ 03:08 PM
gold went down because of the dollar rally over the past week, namely yesterday and today. The dollar made significant comebacks against the Euro, Cable and other major currencies. The beginning of this month, saw the dollar testing new lows against all the currencies, for example the Euro was saw highs of 1.3360's against the dollar around the 8th of this month, today it has fallen off to new lows against the dollar trading currently at 1.3080, hence the drop in gold prices.

posted on Dec, 15 2006 @ 04:13 PM
ya'll have my head reeling,...

i thought theGeneral Accounting/Accountability Office(GAO) was the one to announce the deficit standing, the US Treasury just regulates the Mint and is a puppet of the 'Federal Reserve' (a private Bank cabal)

today, the Govt office (of BS) announced that 'inflation' was less-than-anticipated...and the Stock Market set a new record high!

Gold dropped 11+ $ not because the USDollar is rising,
but because there are manipulations being played out, including the fantasy 'inflation' report of today.
There's theories on the web that Gold has already 'decoupled' from the US (petro)Dollar, but that's what today's manipulation is designed to attack, giving the masses & some fund managers or hedge-funds the idea that there's a lot of linkage & play in the Gold-Dollar relationship of value.

for my money, i'm going to pour more $ into gold as it continues to drop
because the 'Goldilocks' economic picture is just that, a wishfull thinking fantasy reality.

in a wrap up, the Treasury hasn't taken over the Fed.
the combination of the Executive Branch consorting with the 'Federal Reserve' Bank, is directing the economic currents & creating false reasonings.

posted on Dec, 15 2006 @ 04:48 PM

Originally posted by mrmonsoon
here is a little about Mr. sinclair from his website.

[new]Jim Sinclair is primarily a precious metals specialist and a commodities and foreign currency trader.

My concerns are this,... a precious metals specialist knows the only way to sell gold in a dropping market, is to sell on a spike brought on by a well placed rumor.

Just my first impression.

posted on Dec, 15 2006 @ 04:58 PM
Buy some rural land, more valuable than gold, you can grow food and hunt. You can hide out when the crap flies thru the fan. After you've got land, get some gold & silver. Precious gems can now be manufactured in a lab and diamonds are artificially inflated thru a monopoly. Paper is worthless, electronic credits & debits are make believe. The whole world has been decieved by the Zorastrian Freemasonic medo persian kabala families. WHAT? and to top that off this goes all the way to the Tibetian monks. Whites are actually the slaves and Africans are free and the Arabs are rebelling.

It will take a while for your eyes to really open up.

Television-- Tell a vision
Media - Medes / Swedes
television programming --- tell a vision to program the way you think.

posted on Dec, 16 2006 @ 03:11 PM
The Federal Reserve Bank is privately owned so i don't see how the US treasury can take control. The banks that own the Fed tell the treasury what they can and cannot do. They force the treasury to borrow money from them and charge them interest even though the treasury is supposed to print its own money debt free.

posted on Dec, 16 2006 @ 06:41 PM
concerning the manipulation of gold and silver prices...

here's an interesting read if your interested..

posted on Dec, 16 2006 @ 10:02 PM
The Federal Reserve, is a private banking cartel. The U.S. Treasury was taken over by the Fed in 1913. This is why we pay income tax. If enough people woke up and realized that hard money is the only way to true freedom, we would live in paradise. Ron Paul of Texas is about the only hard money man that is in office right now.

posted on Dec, 16 2006 @ 10:13 PM
In Fact you all should watch this video, you will be shocked!!!!

posted on Dec, 16 2006 @ 10:48 PM
Its much worse than anyone thinks, the situation is ripe for the Amero Dollar to be brought into existance at the first sign of trouble.

Read it and weep

posted on Dec, 16 2006 @ 11:03 PM
wow mazzroth, interesting link

looks like me theory of a controlled sell off of the dollar being the intention of the Feds meeting in China wasn't too far off.

posted on Dec, 17 2006 @ 01:58 AM
This would be the worst scenario in financial history. There is another thread somewhere about financial meltdown.

What I don't understand is what should we do as ats members?

What will be the effect of the dollar fall? Mortgages? The value of the real estate, food and services?
What happen to the stock shares? Do they need to be sold? The revenue for the stock sales does not have a value.

posted on Dec, 17 2006 @ 02:49 AM

Originally posted by prsbuff
This would be the worst scenario in financial history. There is another thread somewhere about financial meltdown.

What I don't understand is what should we do as ats members?

If you have debt your gone, if you dont have 3 years worth of food and water your gone, if your not armed then your gone and if you live in the major centres of the world then guess what ? your gone

posted on Dec, 17 2006 @ 03:52 AM
The United States is too vital to the world economy for this scenario to take place at this moment in time. A depression in this country will mean depressions around the world.

If this did occur however, we may re-evaluate basing our economy off of fiat money which would lead to the demise of the fed once and for all.

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