Tuesday, June 17, 2008

Debt...

Although we (the United States) give away more "foreign aid" than any other country in the world to not only needy nations but to our enemies (No. Korea, Saudi Arabia, Iran, Iraq, Turkey, etc.) we have become the largest debtor nation on the planet.
It's become the American way. Most of us are in debt with mortgages, credit card debt, auto loans, education loans, medical bills, etc. How did this all happen ? Back in the late 1700's, when we were forming our country, a very evil man named Alexander Hamilton put into effect a banking system that over the centuries has matured into the privately owned and created by our congress, called the Federal Reserve Bank. Our thanks to Aaron Burr for shooting that bastard or our nation might have never reached the status it has.
A real slap in our faces is that we've allowed Hamilton's image to be on the $10 bill.
All went well in the control of finances until the tests of the great stock market crashes and then the "rules" were revised. From the Kennedy administration on, "political correctness" became the primary motivation of our increasingly inept Congress. They not only give away money that is not theirs but give away money that hasn't even been earned or printed yet. When the money supply decreases, the Federal Reserve Bank just asks the Bureau of Engraving and Printing to create more for them at a cost of about $1 for a hundred dollar bill.
One reason that the money supply decreases is that nations such as Saudi Arabia, N. Korea, Japan, China, France, etc. have stockpiled trillions of dollars in huge vaults. We are printing so much money that it is becoming worth less every day. This is the primary reason that oil, food, etc. is costing more dollars for the same amount of goods. Mexico refuses to pay us for the water that we supply to them, Iraq refuses to help pay for the war, Kuwait refuses to reimburse us for saving them, Saudi Arabia refuses to reimburse us for saving them...and the list goes on. American resources, cash and blood is squandered all over the world without any compensation or reimbursement whatsoever.
When a ridiculous currency such as the Euro can be exchanged for 64 cents to buy one dollar, this is pathetic. Every currency in the world is becoming more valuable than ours. It's just a matter of time before the world switches to another currency as its standard. Already, OPEC is thinking about "Petrodollars" as a currency standard. Even the Mexican Peso is gaining on us.
Every financial advisor is saying "get out of dollars".
The solution is obvious...STOP PRINTING MONEY, STOP GIVING IT AWAY, STOP THIS POLITICAL CORRECTNESS of "buying friendship" from nations that wish us to cease existing. Get rid of the privately owned Federal Reserve Bank. Put businessmen in Congress instead of professional politicians that would sell their mothers for your vote. Have you ever wondered why someone would spend more money on an election campaign than the office itself would pay them ? Just a month ago, Hillary Clinton gave her campaign Five Million dollars to try for an office that pays only Four Hundred Thousand dollars a year.
Do the math. Doesn't that tell you that something is wrong ? If you see nothing wrong with this, then you are either a screaming liberal of just plain stupid.
Your way of life is being given away by your leaders whose agendas has nothing to do with your welfare.

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