The Federal Reserve Shows Barack Obama Who The Real Boss Is - BlackListedNews.com - 1 views
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shared by Gary Edwards on 16 Jan 13
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Gary Edwards on 16 Jan 13Excellent article explaining how and why the Federal Reserve ended Obama's nutty plan to produce a Trillion dollar coin. Short story: the T-Coin threatens the Federal Reserve's monopoly on the just as phony and totally debased dollar. The author also discusses the dollar's role as the world's reserve currency and what that means. The author also explains that the US has been borrowing over a Trillion dollars per year to finance the war and welfare Obama machine, PLUS, borrowing even more to finance the near $4 Trillion dollars of past debt that rolls over each and every year! excerpts: When the Federal Reserve system was initially created back in 1913, the bankers that created it intended for it to be a perpetual debt machine that would extract massive amounts of wealth from the U.S. government (and ultimately from all of us) through the mechanism of compound interest. Each year, hundreds of billions of dollars of interest are transferred into the pockets of the wealthy bankers and foreign nations that own our debt. This is one of the reasons why I preach about the evils of government debt until I am blue in the face. The debt-based Federal Reserve system is a way to systematically steal the wealth of the United States, and it is happening right in front of our eyes, but very few people actually understand it well enough to complain about it. Unfortunately, we are rapidly getting to the point where we have accumulated so much debt that it is threatening to collapse our entire financial system. The following comes from a recent Zero Hedge article... "Unfortunately, the rest of the world is starting to move away from the U.S. dollar. Over the past couple of years, a whole host of international currency agreements have been signed that are intended to start reducing the use of the U.S. dollar in international trade. For much more on this, please see the following article: "The Giant Currency Superstorm That Is Coming To The Shores Of Americ