National Debt Crisis is Only a SMOKE SCREEN

The National Debt ($14 trillion) only accounts for about 5% of the phony DEBT money created in the USA.
Banks actually create gazillions more every day.
For about every $1,000 dollars you deposit into a bank, they can create $100,000.00 in new loans … worthless money out of thin-air. (See “How Banks Create Money” below for more information)
If you want to include Wall-street, with tools like hedge funds and margin accounts, the fuzzy money is uncountable.
Now suppose you are able to tax all that fuzzy money through a federally authorized company called the IRS. Just think, you can get at least 10-30% of all that newly created money back every year in tax revenue, and spend it almost any way you want. Sure, you will have to give some of it away maybe even half of it, in social programs to make sure you have enough citizens to keep you in office.

Not too bad getting trillions of dollars out of thin air, if you need more money just raise the debt ceiling, create phony housing loans or come up with more Wall-street scams … the public will never figure it out! It all works the same.
This is what’s tanking this country and why jobs will not come back until we fix the core issues.
This huge national debate between President Obama, the DNC and the GOP is nothing but a SMOKE SCREEN. While America is all concerned about the “National Debt Crisis”, politicians are roaring with laughter because it doesn’t matter… we fell for the scams once again.
Unfortunately, most Americans have no idea how our banking system works and how corrupt our political system has become.
How Banks Create Money
A simple view:
If a new bank is started, and let’s say with $1,111.12 in deposits, what amount in loans can it make under today’s Federal Reserve Bank guidelines of a 9:1 ratio?
It can loan 9 times the amount on that deposit … or about $10,000.00. Almost $9,000 dollars is created by the bank out of thin air. Is that’s a little scary?
It gets worse.
The bank doesn’t give you cash, they deposit that amount into your account, so now they have another $10,000 in deposits and can loan on that amount as well.
The bank can’t loan another 9 times on that amount, that would be crazy and the FED knew that, so they just allow the bank to deduct the original amount and use a true 9:1 ratio over infinity.
The math works out this way: A bank can take $1,111.12 in deposit and turn it into $100,000 in new loan money (new currency) that is put into circulation… fuzzy money.
Bankers then charge interest on these huge sums of money that was created totally out of thin-air! Nothing was made, sold or purchased its all phantom numbers (money).
Even worse,
Wall-street bankers can do the same thing with hedge funds and margin accounts and it’s all legal. Come-on think, how could all those wall-street bankers lose billions and yet that same year payout billions in bonuses to themselves?
All this CRAZYNESS really began in 1913 with
President Woodrow Wilson
Up until the 1900’s banks had gold in their vaults that backed-up loans, not a 100% but it was guided by conservative ratios along with old fashion traditional principals.
Remember the Boy Scout Law: Trustworthy, loyal, helpful, friendly, courteous, kind, obedient, cheerful, thrifty, brave, clean and reverent? We use to be a God fearing people with “In God We Trust” and “One Nation under God” as mottoes to work and live by … their bygone today, sadly.
We also had a lot of independent banks, so the power and control of money (wealth) wasn’t in the hands of just a few select people.
Wall-street didn’t have hedge funds and margin accounts.
In 1913 President Woodrow Wilson signed two laws that are killing America:
1) [The Federal Reserve Act] 1913
A central banking system, self-controlled without scrutiny or regulation by any publicly elected individuals. It set its own guidelines and standards and established how much money could be created and who received it. It also determined who could be members and owners, a closed secret group that creates our currency.
2) [Sixteenth Amendment to the Constitution] 1913
“The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.”
This new amendment brought about the Internal Revenue Service (IRS).
Was it a CONSPIRACY or just CORRUPTION?
Now banks could create an unlimited supply of money that it could charge interest and fees on, and government Politians could tax that same money and collect a large portion of it for political use.
Look around, where did all the money come from to build all these huge bank buildings on every corner and huge skyscrapers … from interest on loans from the old family farms or the new automobiles, do the math it doesn’t work?
How did government put a man on the moon and build all the roads and huge court buildings and post offices on 5 cent stamps? How does the government wage all these wars and build all the ships and billion dollar airplanes, from the tax on Christmas toys?
Since 1913 the government has been creating an unlimited supply of money, formally in print-shops and now digitally in computers.
How much gold is backing all this up virtually none after the mid 1900’s. We completely left the gold standard because it was felt that our country produced so much food and industrial wealth it was no longer necessary.
That is why we are in such dire conditions today. We no longer produce anything. We can’t even put our own astronauts into space the Russians do. We can’t even build a bridge that falls down in San Francisco, China makes it for us. Our food is imported from Mexico and around the world.
If we do not get rid of the liberal corruption in government today we will become a third-world nation. Biased on the number of Americans receiving food-stamps, welfare, free health-care maybe we all ready are. The problem is the world will no longer let us print fuzzy money and that is all coming to an end very soon.

This is going to be difficult and here is why:
Politian’s [Democrat & Republican] have been using about half of all that “fuzzy money” the past 100 years to secure our votes, all of us! We are ALL guilty of the free-ride. They have passed laws and created an enormous structure of “Entitlement Programs”, College loans, Small Business loans, Social Security, Medicare, Farmer subsidies, Oil subsidies, Welfare, Food Stamps, Business Subsidies… the list is endless.
You have to also include all the “Perk” benefits for school teachers, fire and police, city workers and federal employees. Retirement funds, healthcare, vacation and training bonuses. No one wants to “lose” their benefits and perks. But these were all paid for and promised to you for life with phony money.
Those days have come to an end. Not because we can’t keep doing the same old thing, we could. But the rest of the world has figured out what we started and will no longer let us. China now has all our great industrial might of the past 200 years. The Middle East has replaced our oil production. Other nations are emerging and want what we have squandered.
We need to fix it fast or lose it all. It’s time we find leaders that understand and will make the hard choices to pull us back into production and prosperity.
Rome didn’t fall in a day… it got corrupt. So did every civilization that has fallen. Will America be next? I hope not.
In his last days
President Wilson
wrote regarding his actions:
"I am a most unhappy man. I have unwittingly ruined my country.
A great industrial nation is controlled by its system of credit.
Our system of credit is concentrated. The growth of the nation,
therefore, and all our activities are in the hands of a few men.
We have come to be one of the worst ruled, one of the most completely
controlled and dominated governments in the civilized world.
No longer a government by free opinion, no longer a government by
conviction and the vote of the majority, but a government by
the opinion and duress of a small group of dominant men."
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