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Fed Warns Congress No More Printing of Money

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posted on Feb, 26 2010 @ 04:35 AM
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Could this be in retaliation to the "Audit the FED" movement, maybe they're saying if you pursue this course then this is what we will do.



posted on Feb, 26 2010 @ 04:57 AM
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i think the outsized deficit spending is just what the doctor ordered,

since the Fed & the big finance firms (changed into banks, Presto!)
fangdangled or threatened the $700BN (tip of the iceburg) from taxpayers

then took the dark road and created opaque 'Facilities', loan windows, and all types of transactions to recapitalize the financial 'Gamers' of WallStreet,
with capital they secretly play the Forex-Commodity-Equity markets with as they please, and then callously reward themselves bonuses
--> All at the expense of MainStreet.

The FED balance sheet is 'Secret', but several astute public analysts estimate that the FED has created anywhere between $9.66TN and $12Trillion to Save the banker/economic Elites...

and now that their Wealth is in-hand, the FED & its cabal do not want
Congress or the Administration to devalue their (regained) dollar wealth by funding programs which benefit MainStreet or the stressed-out, American taxpayers who have incomes below $250k~ ~


i say let's S-O-S [sink our ship, & take the vultures down with us]


[edit on 26-2-2010 by St Udio]



posted on Feb, 26 2010 @ 05:44 AM
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The is the beginning of the tightening of money intended to bring the US to it's knees. The same thing is happening in Iceland. America really has to wake up to these fiends pretty soon. They control the money but they want more.The FED is the culprit and the puppet master bankers behind it.We actually don't have any crisis. They engineered it. They have been planning it for years.The Nazis were only the pawns of these people.The puzzling thing is how they could keep this going through at least two generations.
We have children living in the streets because of these people. When is America going to wake up.

[edit on 26-2-2010 by m khan]



posted on Feb, 26 2010 @ 06:33 AM
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It doesn't look like things can hold together for much longer. The cracks are getting to big. Its all going to give way very soon.

A lot of fools think that if we can just hang on and keep plugging the holes until things start to go back to the way things used to be. This is not going to happen. Its never going back to the craziness.

The problem then is that the people who have the most, are now going to be the people faced with loosing the most. These people cannot comprehend this, they cannot allow this to happen. They willl not allow this to happen.

When we are right at the edge of chaos ensuing there is only one solution left to those in control. The only option that will be left to contol their minions is to kick off Part 3 of the greatest conflict of all time. Yes it's, World War.


That's all folks !!!!






[edit on 26-2-2010 by JohnySeagull]



posted on Feb, 26 2010 @ 06:49 AM
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Originally posted by Subjective Truth
The biggest rat of all is jumping off the ship. I think we are in for a bumpy ride folks. They have run out of options they can not sell the debt and they can not print money to pay for it. We are truly screwed and if you can prepare it is only a matter of time it could be weeks or months or a couple of years something has to give. And if they can not find a war big enough the war will be on us it is the only way and history backs this up.



Excellent point.



posted on Feb, 26 2010 @ 06:59 AM
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Ladys and Gentleman, there is no way we can pay for the National Debt for its $2Trillion short of our GDP. Now the TOTAL DEBT is absolutely mind boggling.
Take a look at this National Debt Clock Realtime Tic Toc, Uncle Ben knows what time it is.



posted on Feb, 26 2010 @ 07:11 AM
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Force their hand to invade Iran - simple



posted on Feb, 26 2010 @ 07:53 AM
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Originally posted by Subjective Truth
The biggest rat of all is jumping off the ship. I think we are in for a bumpy ride folks. They have run out of options they can not sell the debt and they can not print money to pay for it. We are truly screwed and if you can prepare it is only a matter of time it could be weeks or months or a couple of years something has to give. And if they can not find a war big enough the war will be on us it is the only way and history backs this up.


What the hell are talking about? your army is going to save you all anyway ...



posted on Feb, 26 2010 @ 09:22 AM
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reply to post by GreenBicMan
 


There is more to it. Uncle Ben lost. Go and see BenjaminFulford comments on his sight for 2/26/10 and prior comments. We are Americans. If our Government is honest to us instead of Banking Cabals, we can still lift our Country and make it work. But if they keep siding with crooks, no way we will bail them out, and health bill is one of those things that must work for average Joe blow. Don't make it Political food ball.



posted on Feb, 26 2010 @ 09:54 AM
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reply to post by Crito
 


it looks like Al Gore made those charts. they just kind of skyrocket to nowhere right at the end.



posted on Feb, 26 2010 @ 10:06 AM
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reply to post by GreenBicMan
 


Listen homie, B-loc and M-Dogg are different in only one way, we can take a look at M-Doggs books. This is why we need the house of representin' to mutha-effin' represent!
And pull the books out for us to see where this money is going and how they're masking it to look like anything but monitization.

Stay black.

[edit on 26-2-2010 by projectvxn]



posted on Feb, 26 2010 @ 10:08 AM
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I'll bet counterfeiters are printing all the new currency we need. The economic woes the world has felt recently could all be due to counterfeiting. Try that on for a conspiracy.



posted on Feb, 26 2010 @ 10:09 AM
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Ok, we've spent yesterday listening to Obama pitch for his wonderful healthcare program that is only going to cost hundreds of billions if not trillions. So where is the money going to come from if he can't print it up fresh? The deficit is about as big as it can get. Our taxes barely pay the interest on the national debt and if anything is more sure than death and taxes, it is that the Fed will get its' interest payments. That's why the US taxpayers have bailed out all these countries to keep them from reneging on their debts. The bankers are always going to get their interest payments or maybe they have decided it is time to close up shop and convert the US from a debt paying colony into a slave labor camp.
Are they pulling the plug on the US economy. Where are the people? Fast asleep.

If we had a real President at this point and not a puppet it would be easy to outlaw the banks and print up paper money. Kennedy already authorized paper money, except we no longer have the silver to back it.

If we had a real President at this point and not a puppet, and if we had a real legislature and not money slaves we wouldn't even have a crisis. If we had a real supreme court they could resolve it quickly.
The problem is we don't have anybody. We don't have any government to stand between us and the thieving lying sharks that our government has sold out to.This is definately not what our founding fathers intended.

But the thieving sharks can't stand on their own, they need the clout of the US government to uphold them. If the people woke up they would turn the table.

[edit on 26-2-2010 by m khan]



posted on Feb, 26 2010 @ 10:29 AM
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sounds like the fed res has gotten to big for their britches, and maybe it is time to pull the charter on their control of our currency, and time to start issuing Fed Treas notes.

Tell the fed res they are now on their own to keep the fed res notes afloat, as they will no longer be backed by the U.S. government, and see how well they like those apples.

Also let the fed res know that the U.S. government will pay them back the money they have loaned as they see fit.

The fed res opened the spigot for Wallstreet fat cats over the last year, and now they are telling Mainstreet too bad?

Maybe it is time to declare open season on fat cats.

I think the whole country is currently fed up with Wallstreet fat cats, and any politicians who supports them should be thrown overboard, and politicians looking to call Wallstreet fat cats onto the carpet should be elected.



posted on Feb, 26 2010 @ 10:36 AM
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There is only one solution left, as far as the wealthy scum elite go.

Massive world depopulation.

And folks, that is what we are about to see happen. They will just go down into their luxury underground bunkers, and push the World War Three button.



posted on Feb, 26 2010 @ 11:26 AM
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So alot people want to end the FED? this would be the outcome if Ron Paul got his way anyway?



posted on Feb, 26 2010 @ 11:59 AM
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Yes.

The Treasury can print dollars, and if done with restraint, the US economy could (?) eventually recover (after a lot of pain).

The Fed now prints the dollars, but they are loaned AT INTEREST to the US Treasury.

The difference is, the Fed is a financial parasite that America just does not need.

There is simply no reason to pay interest on money created out of nothing.
Let the US treasury provide the currency to the people, interest free.



posted on Feb, 26 2010 @ 12:32 PM
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Funny reading all of this for this is EXACTLY what Andrew Jackson was warning and fighting against.

The was very predictable for the US has fallen so far into debt that we now are a credit risk and the foreigners such as the Chinese refuse to risk any more capital ,Forcing the FED to buy the debt.

This all being Simply due to the fact that our debt load, and relevent interest payments to the FED IMA, far exceed the diminishing US taxpayer revenues which are actually contracting.

So essentially , the Debt is increasing, as tax revenues are decreasing.

Remember that historically, this entire ponzi scam of a system is based upon the number of US Taxpayers of which the Govt uses to borrow against, called collateral.
With tax revenues going to the FED.

As with consumer credit, when one becomes a credit risk.
Then no more credit is issued which is the basis of this statement by the FED.

This is also what Ross Perot warned us of years ago.
Anyone remember his charts ???




posted on Feb, 26 2010 @ 01:02 PM
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When will we learn from past mistakes?


The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.
,Marcus Tullius Cicero 106 BC - 43 BC


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It almost like his quotes were written yesterday.

[edit on 26-2-2010 by Digital_Reality]



posted on Feb, 26 2010 @ 01:08 PM
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Man, it must be such a bummer for Congress to be like the rest of us now. To just be flat out turned down for a bank loan like that.

Congress will just have to work harder and maybe pick up a part-time job to raise their credit score with Uncle Ben. Is there a small country out there that would like to hire some unskilled and fairly incompetent law makers? Maybe to write some leash laws for pet dogs or something? Belarus? Luxembourg? Portugal? Anyone?




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