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GOP Congressman: 'It Is Not Your Money'


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reply posted on 23-11-2008 @ 03:02 PM by LordBucket



slimpickens93
doesn't the federal reserve print the money out of nothing?



Well, yes, the physical paper itself is printed "out of nothing" so to speak, but really this is besides the point. Can you think of any way for paper money to exist other than for it to be printed out of nothing?"

Of course not.


That means it is still "ours."



...well, yes...but what is "yours"? Not the money. The debt. The money itself belong to the treasury.

Think of it this way: Imagine that people are trading in some sort of hard commodity. Gold, for instance. Or food. or rocks. Doesn't matter what it....people like it, want it, and trade with it. The problem is that it's heavy. It's not practical to carry around a hundred pounds of gold, or food, or rocks. So you create paper "money" and assign a value to it. Money with a "one" on it is worth one pound of gold, food or rocks. Money with a hundred on it is worth 100 pounds of gold, food or rocks. Obviously, the paper will be a lot easier to carry around with you, and this is what makes it useful. The theory with a "backed" currency, is that at any point you can trade in the paper for gold, food or rocks.

Our curency however, is a fiat currency. This means that you can't trade the paper in for gold, food or rocks. Oh sure, you can "trade" the paper for these things if somebody is willing to trade with you. But there's no central organization that stockpiles gold, food or rocks and promises to trade a pound for each bill. Their relative "value" is subject to change, just like any commodity. The value of the money is not fixed, or tied to anything. And...because of that, there's nothing stopping people from simply printing more, as much as they want. If the banker who prints paper money knows that anyone can at any time walk into his bank and demand gold, food or rocks in exchange for the paper he's printing, he knows he can't print paper money endlessly because it will become worth less, and it he lose out when trying to keep his gold, food and rock supply going.

Money is a negotiable instrument. It is a note. It is a promise to pay back to the note issuer. In accounting language, the person who "holds a note" is the person to whom something is owed, not the person who owes.

Here's the twist: In our financial system, currency instruments (dollars) are printed by a private bank (the Federal Reserve) which prints them at request of the federal government, in exchange for a promise that they will be paid back, with interest.

Thus...rather than our currency being paper that can be exchanged for gold, food or rocks...it is a debt note that constitutes a promise to pay a debt, with interest, back to the federal reserve.

Fascinating stuff.



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reply posted on 23-11-2008 @ 04:50 PM by slimpickens93


reply to post by LordBucket



I think you are missing the point entirely.

The point is that our "debt" does not belong to the congressmen to give away to the corporations as they see fit.

"We" didn't even want this debt. The congressmen went against the will of the people to gain this debt (taxation without representation) for the stated emergency goal of "making credit available".

Well, they didn't even do that.

But it's not "your money" so why should you care?



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reply posted on 24-11-2008 @ 07:07 AM by gormly


Originally posted by Europe
Iv been a lurker on this site for a while now and it never ceases to amaze me that a lot of people on this site blame others for being rich and them poor, your gonna have to realise that you will never be rich if you only trade time for money!


Just realizing that huh?

If people would start focusing on themselves instead of filling their heads with evil rich people hatred (along with the evil corporations and evil republicans) they *might* be able to see past tomorrow.

back on topic..

I am very surprized that a GOP'er would say this, but then I saw where he was from and realized just what a tool he is by default. You don't get elected in his state without suckling on a little exhaust pipe now and then.

And for those of you !surprised! this is on Fox News.. you really ought to watch Cavuto more... He rocks and most of you would agree with him most of the time, he sticks it to them (but I'd still like to see more)



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reply posted on 24-11-2008 @ 09:15 PM by Ex_MislTech


Originally posted by orderedchaos

When all's said and done, when these corporate monsters are done picking us apart, what will the total ransom be?


1. The constitution

2. US sovreignty

3. MUCH higher taxes

4. Permission required to have children, and genetic testing

5. The dollar replaced with the Amero

6. The Bill of Rights

7. The Privacy Act

8. At first a RFID card that u must carry at all times, and later
a RFID implant.

9. All guns outlawed and confiscated

10. Heirloom and Heritage seeds outlawed, and the implementation
of Codex Alimentarus.

An optional piece of ransom if you resist will be your life.



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reply posted on 24-11-2008 @ 09:30 PM by Ex_MislTech


Originally posted by Keyhole

Where does he think this money comes from, trees?

worldnetdaily.com
(visit the link for the full news article)


He doesn't think money comes from trees, he thinks it comes
from slaves like his masters told him.

Google -> "Money as Debt" and you will get an eye opener.

In 1913 men sneaked in secret to Jekyll Island to plan something
they wanted implemented by their paid off politicians.

They were in fear for their life, but they wanted their own bank
to control all the money for the united states.

That is how we got the Federal Reserve Bank, that is about as
federal as Euro-thieves robbing a US bank in the middle of the night.

Like thieves in the night - The Federal Reserve

This is all crashing down now as they planned, and they will likely
push for the Amero that they have long planned for to replace the dollar.

These are the good times, enjoy them while they last.

Good Luck to you all !



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reply posted on 25-11-2008 @ 01:02 PM by The Nighthawk


Originally posted by Ex_MislTech
At first a RFID card that u must carry at all times, and later
a RFID implant.
All guns outlawed and confiscated
Heirloom and Heritage seeds outlawed, and the implementation
of Codex Alimentarus.
An optional piece of ransom if you resist will be your life.


If you truly believe in any or all of this, why are you sitting on your rump in front of the computer instead of planning and carrying out the assassination of the people responsible?

If these theories are real then you will be personally responsible for what comes to pass through your inaction.

If you believe you know the truth of these things it is your duty to your nation and Humanity to "resolve" it.

Unless you're just full of it.

I've come to the conclusion 90% of these NWO theories are pure bull. There are real conspiracies, but the ways we can fight them aren't politically acceptable in the current climate.



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reply posted on 25-11-2008 @ 03:34 PM by Ex_MislTech


Originally posted by The Nighthawk
Originally posted by Ex_MislTech
At first a RFID card that u must carry at all times, and later
a RFID implant.
All guns outlawed and confiscated
Heirloom and Heritage seeds outlawed, and the implementation
of Codex Alimentarus.
An optional piece of ransom if you resist will be your life.


If you truly believe in any or all of this, why are you sitting on your rump in front of the computer instead of planning and carrying out the assassination of the people responsible?

If these theories are real then you will be personally responsible for what comes to pass through your inaction.

If you believe you know the truth of these things it is your duty to your nation and Humanity to "resolve" it.

Unless you're just full of it.

I've come to the conclusion 90% of these NWO theories are pure bull. There are real conspiracies, but the ways we can fight them aren't politically acceptable in the current climate.


The politicians are just the puppets, the ppl closer to the top are
the ppl at the yearly Bilderberg meetings.

I have done my time serving in the US military, and I plan on
heading off into the wilderness when this all starts to reveal itself.

Our leaders go to the Bohemian grove and practice mock human
sacrifice and record the sound of a human screaming in anguish
to add realism.

You will not believe until it is too late, and I wish you the best,
but human history has shown the humans are animals and
behave in insane manners throughout history.

What is coming will be no different.

Good Luck to you all !



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reply posted on 25-11-2008 @ 11:32 PM by The Nighthawk


Originally posted by Ex_MislTech
The politicians are just the puppets, the ppl closer to the top are
the ppl at the yearly Bilderberg meetings.

I have done my time serving in the US military, and I plan on
heading off into the wilderness when this all starts to reveal itself.

Our leaders go to the Bohemian grove and practice mock human
sacrifice and record the sound of a human screaming in anguish
to add realism.

You will not believe until it is too late, and I wish you the best,
but human history has shown the humans are animals and
behave in insane manners throughout history.

What is coming will be no different.

Good Luck to you all !


And what I'm saying is, if you really believe this, your duty is clear:

Instead of "heading off into the wilderness" when it all goes down, you should be joining with like-minded fellows and forming strike teams to take these b@$%@*ds out and prevent the whole thing from coming to pass in the first place. Raid that Bohemian Grove and the Bilderberger meetings. Get pictures and video. Document everything. Then line those jerks up one by one and put bullets in their brains.

If these people, and their agenda, are real, they get away with it because people like you are too cowardly to try and stop them.

If you take them out and it turns out you were right, you're a Hero.

If you're wrong you're just another murderer.

And that's precisely why I don't think you, or really any of the people on these boards who rattle this stuff off so often, really, truly believe these stories:

If you really believe it, you must come to grips with your true responsibility to do something about it, and unless you're a coward, you will realize you have no choice but to act.

The fact that you're sitting on the Internet writing about your "beliefs" instead of preparing to fight, and that you've voiced a vague plan to run away "if" it all happens, leads me to the conclusion you are either weak in your belief or paralyzed by your fear of the consequences of action.

So which is it?



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