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![]() it is their right, it is their duty... |
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PEOPLE For Mathematically Perfected Economy™ : the singular integral solution to 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent, irreversible multiplication of debt in proportion to a circulation. |
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DOES RISK JUSTIFY SUBJECTING THE FEDERAL RESERVE NOTE TO INTEREST (USURY)?
CONGRESSMAN LOUIS T. MCFADDEN
Every effort has been made by the Federal Reserve Board to conceal its power. But the truth is, the Federal Reserve Board has usurped the government of the United States. It controls everything here; and it controls our foreign relations. It makes or breaks governments at will. No man, and no body of men, is more entrenched in power than the arrogant credit monopoly which operates the Federal Reserve Board and the Federal Reserve Banks. These evil-doers have robbed this country of more than enough money to pay the national debt. What the National Government has permitted the Federal Reserve Board to steal from the people should now be restored to the people. The people have a valid claim against the Federal Reserve Board and the Federal Reserve Banks. If that claim is enforced, Americans will not need to stand in bread lines. Homes will be saved. Families will be kept. The Federal Reserve Act should be repealed; and the Federal Reserve Banks — having violated their charters — should be liquidated immediately. Faithless government officers who have violated their oaths of office should be impeached and brought to trial. Unless this is done by us, I predict the American people — outraged, robbed, pillaged, insulted, and betrayed as they are in their own land — will rise in their wrath and send a President here who will sweep the money changers from the temple. Sunday, April 20, 2008 DOES RISK JUSTIFY SUBJECTING THE FEDERAL RESERVE NOTE TO INTEREST (USURY)? Perhaps in part because the imposed monetary system provides no opportunity to assume debt without vastly multiplying even the initial obligation by interest, many people assume that risk is entailed in loaning a virtually costless money into circulation. But even if it cost a whole ten cents to create $1,000 in computerized accounting records, then as soon as that mere ten cents is repaid, there is no possibility of loss on the part of the central banking system. If the principal alone is repaid and the privately held central bank can consider that money theirs, there is a ten-thousand-fold profit. If a first payment of just $10 is made on just one in a thousand such loans, then the central bank breaks even if the other 999 never make a payment. There is no risk of loss to a central bank empowered to create money at virtually no cost whatever.
"To find the players in all the corruption of the world, 'Follow the money.' To find the captains of world corruption, follow the money all the way." |
pfmpe[ at ]perfecteconomy[ dot ]com Gross National Public Debt Clock "National debt," perhaps better said to be "federal debt," refers only to public debt accumulated by the federal government. National debt does not include the even greater sum of private debt, or further public debt accumulated by state and local governments. PER CAPITA, THE CURRENT FEDERAL PUBLIC DEBT COMES TO APPROXIMATELY THIRTY-THOUSAND DOLLARS. FIGURED AT THE ROUGH SCALE USED BELOW TO DETERMINE RESPONSIBILITY FOR PRIVATE DEBT, THE AVERAGE FEDERAL DEBT WOULD BE ROUGHLY $93,750 PER ELDER ADULT MOST RESPONSIBLE FOR THE ACCUMULATION OF FEDERAL DEBT. BUT LIKE PRIVATE DEBT, THE UNDUE BURDENS OF THIS SHARE WILL SIMPLY BE SADDLED UPON YOUNGER GENERATIONS. Javascript must be enabled for zfacts.com to display the clock's real time gross national public debt data. PER CAPITA U.S. PUBLIC AND PRIVATE DEBT Estimates of the sum of private and public U.S. debt together, accounting for potential Social Security and Medicare liabilities as of November, 2007, run as much as more than $96 trillion; or $320,000 per capita even for infants; OR AN AVERAGE OF ROUGHLY HALF A MILLION DOLLARS PER ADULT. THIS EQUATES TO ROUGHLY $1 MILLION PER ELDER ADULT, MOST RESPONSIBLE FOR ENGENDERING THIS DEBT.
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