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The Con of the Decade Part I

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posted on Jul, 12 2010 @ 08:34 AM
The con of the decade (Part I) involves the transfer of private debt to the public (the marks), who then pays interest forever to the con artists.

Read the rest here:


To sum it up we have been had and basically transferred to the plutocracy the money they needed to complete the slave work camp that used to be called the USA.

posted on Jul, 12 2010 @ 09:24 AM
well, it makes sense...up to a certain point.

America has a huge financial obligation every year to its war machine, a.k.a. "National Security" or "Defense."

last year the military cost the nation $742 billion dollars. that's what they are borrowing the money for, and squandering all the reserves such as unemployment insurance, social security, and medicare.

we are still a productive nation, materially speaking, and if anything is lining the pockets of the so-called "elite" then it is coming from the GNP, which is not part of the government - it is in the private sector, mostly in the form of corporate holdings, etc.

54% of the federal budget is being spent on military and defense these days. add to that all the expenses inherent to the type of top-heavy government system we have in the U.S. and there isn't enough left over to even buy a bilder-burger.

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