What a smart Girl, 12 Year old explains Debt based currency
By: James Burge
April 12th, 2012
Just as I was starting to think our education system is broken, this girl opens her mouth and destroys my concerns. The video below is of a 12 year old Canadian girl, giving a speech on the issues surrounding debt based monetary policy and the systematic looting of the middle class with the help of the Canadian Government and its failed monetary policies.
Amazing!!!
Another intersting Video on Fractional Reserve Banking..
By: James Burge
February 15th, 2012
Unfortunately it is en Francais (don’t worry there are English subtitles). A very good video outlining the issues that Europe is facing right now, and what western economies will likely go through by the end of the year if we keep on this path.
Video explaining the 99.99% vs. 0.01%, “The Tiny Dot”…
By: James Burge
February 15th, 2012
NBC Florida Debate Ron Paul Highlights…
By: James Burge
January 25th, 2012
Romney campaigner defects to Ron Paul…
By: James Burge
January 10th, 2012
Awesome US Debt Ceiling Video a Must see!!!
By: James Burge
January 9th, 2012
Love it!
Here are the real US Federal Government numbers:
Total Federal Debt: $14,000,000,000,000 (14 Trillion)
Federal Income: $2,170,000,000,000 (2.17 Trilion)
Federal Spending: $3,820,000,000,000 (3.82 Trilion)
New Debt: $1,650,000,000,000 (1.65 Trilion)
Amount Cut: $38,500,000,000 (38.5 Bilion) (less than 1% (0.75%) of the total budget)
I love how they have the guy bring in his young daughter to approve the debt limit increase, well done.
Another explanation of what is going on in the US economy…
By: James Burge
January 9th, 2012
Gold Standard…
By: James Burge
January 5th, 2012
An interesting hypothetical to ponder…
By: James Burge
December 1st, 2011
Was just reading an really good article (which I totally recommend reading if you are still a bit fuzzy on the banking crisis) about how the banks got away with the secret bailouts to the tune of about $13 trillion dollars, how those involved told their buddies of the plan to centralize the banks, even before congress, so they could make billions on shorts while keeping the details of these secret bailouts from congress, and the American People, who have now been stuck with the bill.
I mean it really seams like you and a few friends are at a party and the table beside you is really partying it up, hooting, hollering, having quite the time, buying everyone drinks, they seems like okay dudes, and by the end of the night you think they are your new friends. But after they leave the waitress comes around with your bill and it’s about a ten times what you expect your bill to be, the waitress notices your shock and says “those guys you were partying with, before they left they said you were going to take care of the bill.” But just wait, it gets worse, in this scenario you realize that the waitress has to tip out to the guys who left you stuck holding the bill, so any tip you can afford give to the waitress, half or more goes to those guys. Then you find out these guys bet on the fact that you probably wouldn’t be able to pay the bill and they then use either the tip out or the money made on the bet against you, to give themselves and their buddies huge bonuses. Then they are back in the pub trying the same scam the next evening because heaven forbid they use those bonuses to pay for their own drinks.
That story would begin to express what has happened in the states only if you imagine the bill was for $14 Trillion dollars.
Just to get you interested, here are a few items he lists before giving the “6 Shocking revelations about Wall Street’s secret government”.
? The secret Wall Street bailouts totalled $7.77 trillion, 10 times more than the $700 billion Troubled Asset Relief Program (TARP) passed by Congress in 2008.
? Knowledge of the secret bailout funds was not shared with Congress even while it was drafting and debating legislation to break up the big banks.
? The secret funding, provided at below-market rates, gave Wall Street banks an additional $13 billion in profits. (That’s enough money to hire more than 325,000 entry level teachers.)
? The secret loans financed bank mergers so that the largest banks could grow even larger. The money also allowed banks to step up their lobbying efforts.
? While Henry Paulson (Bush’s Secretary of the Treasury) was informing Congress and the public that only minor reforms were needed to protect Fannie and Freddie from collapse, he met secretly with leading Wall Street hedge fund managers — among them his former colleagues at Goldman Sachs — to alert them that he was about to nationalize the giant mortgage companies – a move that would eradicate nearly all the stock value of the companies. This information was enormously valuable because it allowed these hedge funds to short Fannie and Freddie and thereby make a fortune.
? While Timothy Geithner was head of the NY Federal Reserve, he argued against legislative efforts by Senator Ted Kaufman, D-Delaware, to limit the size of banks because the issue was “too complex for Congress and that people who know the markets should handle these decisions,” Kaufman recalls. Meanwhile, Geithner was fully aware of the enormous secret loans while Senator Kaufman was kept in the dark. Barney Frank, who was authoring key bank reform legislation, was also not informed of the secret loans. No one in Congress was told.
So what does this all mean?
What If??
By: James Burge
November 28th, 2011
