The Federal Reserve is Bankrupt !----What is this????

The Federal Reserve is Bankrupt
How Did It Happen and What are the Ugly Consequences?

www.globalresearch.ca...

reply to post by canadiansenior70


What, the presses were stolen???
Get new presses, get em cranking.........

Don't see how they could be bankrupt.

They never had any money to start with. It was all just a scam.

The fed loaned money that they didn't have and the US spends the rest of eternity trying to pay back the interest on the loans without ever paying down the principle.

It's the ultimate credit card scam.

did u happen to read WHEN the article was written ????

18 months ago

March 2009

how have we been surviving??
lol

About the Dollar

english.pravda.ru...

Who owns the US dollar?

14.09.2010 15:36

At first glance, this would seem like a rather silly, stupid and pointless question. Why, the average person would answer, the American people own it. Or rather, if one had to get more technical, the American government, which is in turn, being a Republic, owned by the people, one in the same.

But, as most such simple seeming things in life, the truth is neither simple or straight forward and the answer is neither silly, stupid or pointless, but indeed is critical to the well being of nations and hundreds of millions if not billions of people.

For the truth of it, neither the people of America nor the government of America owns the US dollar. How's that, you say? Well, if one was to really dive just a bit deeper, before hitting the rocks just under the US greenback pond, one would quickly discover that the actual US dollar has not existed since 1913, where it was effectively killed. What is now called the US dollar is actually a Federal Reserve Note, says it right at the top of each bill. Why does that matter? Read on.

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reply to post by Surfrat


I understnad all that you've said, and your last line
"cut them off and starve the beast".......
does that mean if no one pays their debts (as there must be plenty, including the US Government) then that would lead to the bankruptcy of the Fed? and no one to 'bail them out'?

*head spinning*

reply to post by canadiansenior70


No it is impossible to get rid of the Federal Reserve so easily. They have money and lots of it. And they are willing to kill anyone who attempts to step in their way. Think John F. Kennedy. The Bankers also had a hand in Lincoln's assassination.

www.michaeljournal.org...

The Private Federal Reserve Bank has 8 private shareholders controlling the economy.
The U.S. Shareholders are:
1. Goldman Sachs Bank – NY
2. JP Morgan Chase Bank – NY
3. Rockefeller Family via Hanover Trust – NY
4. Kuhn, Loeb – NY

land.netonecom.net...

Not sure if you noticed the date on the article March 10, 2009.
Seems to be a pretty old article you should use something atleast from this year.

Look; the fed can keep printing money and buying US treasuries but what happens when the ponsi scheme ends?
If we really believe that the recession ended in 2009 and the fed is flush with dollars; we ate dreaming.
Watch this video; it may give u a fresh look at things. Over 700,000 have watched so far and an update is due sometime in October:
www.youtube.com...

Yes it is, they recently announced it costs like 5cents to make a penny (1c USD) so in that regard the nations been working interest free as The Federal Reserve must eat that cost and was ordered a few years back that they dare not pass that cost onto the American taxpayer.

The reimplementation of the circuit breakers prohibits them from drastically taking the market down. The activation of the Consumer Credit Protection Agency who is not accountable nor is held to answer to The Federal Reserve but The White House and a theory I have is that the Fed's masters ordered Sumners out because he couldn't get the recent financial reform bill killed.

When you have more owed to you then what you hold in liquid assetts you will go broke. Like, for every say 25cent per dollar you take in you give out 50 cents on that same dollar you are going to remain in the red for a very long time. The Federal Reserve have been operating with a negative (red) debt balance for a few decades now means they in reality are losing more money a year then what most states see in a decade. Perhaps that is the best news because how can you dare tell anyone else how to run thier business when your legacy and dynasty is based off money and you are taking hits year after year? As of 2010 if we loan $1 we must pay back $3.20 according to most estimates. That alone prohibits prosperity and in effect hinders it. Tantamount to treason if you ask me. As well as having every person who claims to hold allegiance to the nation but when in reality they hold thier allegiance to the bankers need to be deported and executed. Since they want to be quick to guarantee loans for which they have no capital or physical asset to serve as collateral on said debt they are the true holders of the nations debt and not the nation itself as we've been conned into beleiveing. Say, if I make a loan with say Cynical here (hypotheticals only not meant to attack or anything to member, I'm sure they are mad cool and help anyone if they could) for $1 Trillion and he makes say Boondock Saint on the hook for said debt in reality since the debt in this case can be sold off as no restrictions were ever levied prohibiting that the debt is then sold to me and since I bought my own debt then Boondock and Cynical by very definition is no longer contractually obligated to settle or satisfy said debt effectively decreeing the Boondock and Cynical here free from the debt. I must pay myself back using my own money and am forbidden from forcing both Cynical and Boondock from satisfying debt since the debt in reality is mine. Boondock here for comparo is the Nation role and Cynical is the taxpayer role.

The end of the bailouts for banks effective immediately are also another tool in the aiding of the destruction of The Federal Reserve as they can no longer force The Congress to make the taxpayer accountable for another multi Trillion dollar bailout package. This has been the chief lifeline and scare tatic they've been using for decades to scam even more money out of not only the taxpayer but the Nation itself. Problem - Reaction - Solution personified as Problem is conspire with others to work in concert to destroy the economy. Reaction is tell the people and the Government that if they don't get a lifeline soon the nation's economy is done. Solution is force the Congress to pass another multi trillion dollar bailout package and specify in the text that no one is allowed to look at a thing. Restore the economy a couple of years later and do it all over again a decade or two down the road and no one is none the wiser. The 111th US Congress is the most ballsy in that regard as they stood toe to toe with these evil people and have thus far and for all intensive purposes continue to win. So to those that claim this Congress does nothing for the people y'all need to seriously go back and see if any financial reform package was ever attempted by any Congress since 1918 and you will find that none have even attempted. The recently passed Fiancial Reform bill is the most sweeping overhaul of the entire economy and the nation's monetary system since the inception of the nation itself.

The end of The Federal Reserve System, Inc A NM Rothschilds & Sons, Ltd. UK company is done soon.

The downside and the immediate aftermath of a Federal Reserve free nation for the first few years will look very bleak and some might even say iffy but be assured that we will come back stronger, more powerful and better. It may take us at least 20 years or more to regain ourselves but rest assured it can and will be done as moves are already being made to make sure the fortress known as The United States Of America forever endures God willing. May God continue to bless each and everyone of you and may God continue to bless The United States Of America and all who hold allegiance to her.

This is step 1 in effectively killing and ending foriegn control over our money.

The populous begun to wake up right after the market was taken down and even more so when the multi trillion dollar bailout package was passed in 2008. Demand started to look into the actions. Remember the mysterious 1,000 point dive in less then 15 minutes in Apr 10? That was the exact time the House was voting on it's version of financial reform after that more awoke and remember in May 10 the now infamous "Times Square Car Bomb"? This was during the Senate vote on financial reform. They took the market down to try and leverage the Congress and when that didn't work they played thier ace card, a terrorist attack. That was hot in the media for like 2 weeks and when The Congress didn't take it serious it went away. An actual attack, another financial calamity and another armed conflict is still thier ace cards and if anyone's ever played Spades and you have the Low Joker you wait until the High is flushed before capitalizing with your Low next move, well here we have the Ace and 2 of Spades while they have both Jokers. It is a clasiscal standoff and stalemate. Chess meets Spades.
We've been going back and forth with our Queen, King, Bishop and Rook still in play while thier Queen, King, both Rooks and one Bishop are still in play.

I have to say:
Claiming the Federal Reserve is Bankrupt is like saying that the Lord of the Flies is deficient of flies.
Perhaps, in a roundabout way of thinking...but it's an oxymoron; they can always print more money!

This smacks of David Icke fear-mongering.

America may be in the midst of a nasty bout of food-poisoning based diarrhea, but the body is still basically sound and healthy.

Funny that the fear-mongers usually claim to be peace-wholesalers.

You wanna complain about money woes? Try come to Hawaii and see how far $100 dollars will get you in terms of groceries!

Originally posted by boondock-saint

how have we been surviving??

On credit..

second line

Originally posted by Nonchalant

Originally posted by boondock-saint

how have we been surviving??

On credit..

second line

What credit? They ain't got any so in that regard they are bankrupt and since they are accoutable to no one my best educated and intelligent conclusion is that they cannot pay themselves off. BTW, not one dollar spent since roughly 2007 the taxpayer and Nation are not on the hook for while it gives the nation a chance to get a fix and handle on what's good in regards to the nations money. Hence why the nation hasn't been allowed to do a thing productive. The nation refuses to go back to sleep. The wolf has awoken and he ain't going back to sleep.

Take everything I am speaking of in and let it simmer before a challnge or dispute is levied. Be on guard though as this new water is yet untraveled terrotiry by us before so for whatever happens good or bad let it not come as a shocker or allow it to surprise you as right now they are rabid dogs who are about to break off thier chain and have already rid themselves of thier muzzles and let us not also forget these dogs carry drug resistant rabies meaning one bite can kill. We absolutely and unequivocally must not let them off thier chains and must be prepared to euthanize them if nessecary.

What makes the nation comfortable and what is best for the nation are typically two different things entirely.