Originally posted by Putyournamehere
reply to post by jaynkeel
Then I see people going hog wild at the grocery store with their government food checks livin the good life and scratch my head to be honest.
Government food checks= good life?
Do you mean stagflation and the misery index? Ok, let's say we do. But that's only half the equation. Let's go back to pre-Reagan spending levels, too. Are you game?
How about we return the tax code to pre-regan status? America was booming before that fiasco.
Well, what we need to borrow every year is much larger than the entire military budget, so it can't be the only reason, or the only cure.
The only cuts that need to be made are to the military budget. Perpetual war is the reason amerika is broke.
Perhaps they're quiet about it because the money was found.
Remember those trillions of dollars that went missing? Mainstream media is quiet on that topic.
Originally posted by Merlin Lawndart
Isn't just lovely for people to have to pay an income tax on income that was already taxed to begin with? I say get rid of taxes, then government will follow. Problems solved.
A source in the Deutsche Bank claims that in 2008 our financial and monetary system completely collapsed and since that time the banking cartels have been “propping up the system” to make it appear as if everything was fine. In reality our stock market and monetary systems are fake; meaning that there is nothing holding them in place except the illusion that they have stabilized since the Stock Market Crash nearly 5 years ago.
Since this time, the Department of Homeland Security (DHS) in conjunction with FEMA and other federal agencies have been quickly working to set in place their directives of control under a silent martial law. The Deutsche Bank informant says that the cause for the bailout of the banks was a large sum of cash needed quickly to repay China who had purchased large quantities of mortgage-backed securities that went belly-up when the global scam was realized. When China realized that they had been duped into buying worthless securitized loans which would never be repaid, they demanded the actual property instead. The Chinese were prepared to send their “people” to American shores to seize property as allocated to them through the securitized loan contracts.
To stave this off, the American taxpayers were coerced by former President Bush and former US Treasury Secretary Hank Paulson. During that incident, the US Senate was told emphatically that they had to approve a $700 billion bailout or else martial law would be implemented immediately. That money was funneled through the Federal Reserve Bank and wired to China, as well as other countries that were demanding repayment for the fraudulent securitizations. To further avert financial catastrophe, as well as more debt or property seizure threats by the Chinese, the Euro was imploded thereby plunging most of the European countries into an insurmountable free-fall for which they were never intended to recover.
Former Goldman Sachs Employees Hired by the Bush AdministrationJoshua Bolten: former Goldman Sachs executive, Chief of Staff to President Bush.
Henry Paulson: former Goldman Sachs CEO, appointed Treasury Secretary in 2006 on Bolten’s recommendation.
Neel T. Kashkari: former Goldman Sachs investment banker, hired as Interim Assistant Secretary of the Treasury for Financial Stability in 2006, headed the Office of Financial Stability during the financial crisis and given responsibility for TARP.
Reuben Jeffrey: previously Under Secretary of State for Economic, Energy and Agricultural Affairs, Chairman of the Commodity Futures Trading Commission, worked for 18 years at Goldman Sachs, hired by Kashkari in 2008 as interim chief investment officer for TARP.
Dan Jester: former Goldman Sachs strategic officer, hired on contract to advise Henry Paulson during the crisis, advised on AIG, GSEs, TARP and other bailouts.
Steve Shafran: former Goldman Sachs trader in Asian private equity, hired by Paulson to handle student loan and money market issues.
Kendrick R. Wilson III: former Goldman Sachs executive, enlisted as unpaid adviser to canvass banks on reaction to Treasury initiatives during crisis.
Edward C. Forst: former Goldman Sachs chief administrator, hired as advisor to Paulson during the crisis, became head of Goldman Sachs asset management division in 2010.
Robert K. Steel: former Goldman Sachs vice chairman, hired by Paulson Undersecretary of the Treasury for Domestic Finance in 2006.
Ed Liddy: former Goldman Sachs director, appointed by Paulson as CEO of AIG.
Kenneth Duberstein: Goldman Sachs lobbyist, Reagan White House chief of staff.
Eric Ueland: Goldman Sachs lobbyist, former Senate Majority Leader Bill Frist’s (R-Tenn.) chief of staff.
Robert Zoellick: hired by Goldman Sachs as managing director in 2006, former US Trade Representative 2001 – 2005, Deputy of the US State State Department 2005 – 2006, ,became World Bank President in 2007.