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X-files -
X-filesLatest
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Written by editor
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Monday, 14 May 2007 |
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Page 2 of 3
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- I'm seeing problems in the debunking, if you look closely you'll see some stuff that's not right...
- publically-appointed Board of Governors, not by the Federal Reserve banks.
- A) Appointed by whom? "each other"...
- only a small share of the interest on the debt goes to the Fed.
- A) Where is the money paying off that interest coming from? ::simply:: They give the economy a dollar, we now owe them $1.10, we can't get the $0.10 unless they print another dollar, therefore every ten dollars they would have a debt of one dollar that we can't pay. it's a never ending cycle of debt.
- What do these"Board of Governors" spend the federal reserves capital gains-"interest" on?
- They refuse anyone the ability to audit their books. feel free to post here and write a more complete story.
- the Board, under authorization from Congress, decided to employ
nationally recognize accounting firms to conduct the audits of itself
to insure independent oversight.
- One word "Enron" They hired their own auditors also. Then conspired to bilk us of billions.
OK I'll try it differently I tried to explain it to someone and this was my best attempt so far.
Suppose there is no such thing as money $0.00 nothing anywhere, so the FED prints a million dollars, you say great I want to barrow it. It costs you 10% interest to barrow it. You now owe the FED 1million one hundred thousand dollars.
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Last Updated ( Tuesday, 22 January 2008 )
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