KHQ on the Streets: The Fiscal Cliff – Just the Red Herring Distracting Everyone from the Real Issue

5 Responses to KHQ on the Streets: The Fiscal Cliff – Just the Red Herring Distracting Everyone from the Real Issue

1. Dr. Richard Welser says:

   December 30, 2012 at 7:35 am

   Ah…yes. People are pointing fingers. I shall as well. The banks are privately owned. Including, most particularly, the Federal Reserve. Who are the actual owners? Have they not, with direction from the Fed run up the nation’s debt to fantastic amounts since the ‘created’ Great Depression, the Bankruptcy of the United States corporation and the securitization of all real property in the country. Are they not now also creating the fall? Ask yourself who, who are the people and corporations whcih comprise the cabal behind it. Then and only then will you begin the path to real understanding. The can of worms is huge. Good luck.

   Reply
2. olrailbird says:

   December 30, 2012 at 9:24 am

   There is already a solution: Mathematically Perfected Economy. Join PfMPE..

   Guy droning on is a know-nothing who listens to right-wing “gold bugs.” Calling FRNs “fiat” currency and saying it is “backed by nothing” are dead give-aways that you are listening to a usurer (cheater.)

   Claiming “money is debt,” neglects the fact that money is credit for bankers.

   corporatelogic@me.com is the mouthpiece’s address. (Don’t get me started on the psychopathy of corporate logic…)

   Folks, there is a game on: 1) grab the gold. 2) instigate gold standard 3) he who owns the gold rules. Let’s replace it with Luke 6:31, instead!

   Your true “credit” is worth far more than what they will loan you at the bank. Real money is how you track promises to pay. Sovereign coin can be paper or digital without stealing anything from anyone.

   The huge debts we pile up are caused by interest, not “excessive borrowing.” Imagine you buy a house for $100,000 and then pay it off over 30 years. You will pay $200,000 (say) with interest. Now, if you sell the house how much will you ask for it and why? You will want all that interest back, won’t you?

   When businesses finance their “capital costs” they want all that interest back as well. It is interest that drives price inflation. Eliminate interest to eliminate inflation. What? That’s silly? Why do banks (or anyone) deserve interest?

   Everything you’ve been taught is BS. Sorry. You work. They eat.

   Reply
3. dietmar doehring says:

   December 30, 2012 at 9:28 am

   excellent pgm.

   i wish our national media would be allowed to broadcast a program with

   so much truth to this subject !!!!

   it proves to me that the change has to come from the local/state level

   to address and solve our situation

   again thank you

   Reply
4. Julie T. says:

   December 30, 2012 at 11:37 am

   Whenever ya all are ready for that citizen’s arrest let me know. Time for talk is up. If someone organizes it, I can show over 90,000 people on my FB page who are UPSET at this criminal activity..never mind that fact that some of these things are paedophiles. Yep and you’ll be worshiping their Lucifer soon if we don’t do anything. Time for talk is up. facebook.com/ASheepNoMore

   Thank you From The Trenches…love your news.

   Here’s the solution. I want our STOLEN $16.1 TRILLION BACK:

   The Federal Reserve is a Private Company owned mostly by foreign interests and has no accountability to the US Congress. However, due to the outrage of the American people due to the published bailouts, Congress was able to perform a very limited audit in 2011 (first time ever) where we learned that the Fed made trillions of dollars in secret bailout loans to the big Wall Street banks during the last financial crisis. They even secretly loaned out hundreds of billions of dollars to foreign banks.

   According to the results of the limited Fed audit mentioned above, a total of $16.1 trillion in secret loans were made by the Federal Reserve between December 1, 2007 and July 21, 2010. What’s worse is that these loans were at low interest and the banks turned around and used the money to buy more US securities. Effectively, the Fed gave away $16.1 Trillion of U.S. taxpayers $ so that their “Foreign Owners” could loan it back to them at a higher interest rate. The QE Infinity initiative is more of the same. The Fed is printing $40 billion per month and “buying” from banks below mortgage backed securities. What they would like the American people to believe is that the billions are being pumped back into the economy , ie. bolster the stock market, investments for small business, increased consumer credit, etc. In reality, these banks are using the money to buy T-Bills from the Fed. Basically the Fed is using this initiative in the biggest property grab in the history of the world with $ that are worth just the paper on which they are printed.

   Here is a link to the list of illegal loans from page 131 of the audit report.

   http://www.scribd.com/doc/60553686/GAO-Fed-Investigation#outer_page_144

   Citigroup – $2.513 trillion
   Morgan Stanley – $2.041 trillion
   Merrill Lynch – $1.949 trillion
   Bank of America – $1.344 trillion
   Barclays PLC – $868 billion
   Bear Sterns – $853 billion
   Goldman Sachs – $814 billion
   Royal Bank of Scotland – $541 billion
   JP Morgan Chase – $391 billion
   Deutsche Bank – $354 billion
   UBS – $287 billion
   Credit Suisse – $262 billion
   Lehman Brothers – $183 billion
   Bank of Scotland – $181 billion
   BNP Paribas – $175 billion
   Wells Fargo – $159 billion
   Dexia – $159 billion
   Wachovia – $142 billion
   Dresdner Bank – $135 billion
   Societe Generale – $124 billion
   “All Other Borrowers” – $2.639 trillion

   Nice business model if you can get away with it. Of course, you would have been hung if you tried it before 1913.
   The Federal Reserve Bank is the biggest fraud ever perpetrated on Americans. They don’t teach this stuff in college, unless you go to Yale of course where you can take “How to Bankrupt an Economy using your Father’s Wealth 101”

   Reply
5. John Liberty says:

   December 31, 2012 at 6:49 pm

   Did someone just wake up from the matrix? Dale hit the nail on the Federal Reserve head. The twin party system is basically a one party “song and dance” routine for the proles projecting the illusion of Democracy. .

   Reply