The Federal Reserve is all about huge federal budget deficits and a mounting federal debt. The Federal Reserve was established in 1913 by the banksters for the purpose of creating debt-based money secured by thin air. The American people are seriously and terminally indebted to the bankers (banksters) and currently owe over $400 billion a year in interest alone, with no hope of every paying off the principal, which is in the tens of trillions.
In 1910, before the passage of the Federal Reserve Act, the federal debt was a mere $1 billion, or $12.40 per citizen. Now the overall debt is over 80% of the annual output of the entire U.S. economy, as measured by the gross domestic product. When government “obligations” are considered, the debt balloons to an astronomical $56 trillion, or roughly $184,000 per American, according to the Peter G. Peterson Foundation.
It is simple, really — the larger the debt, the richer and more powerful the international bankers become. The Federal Reserve is their front organization and it runs roughshod over Congress.
An example - The IRS collected approx $2.5 Trillion in total income taxes (personal & corp) in 2007. That number in 2009 will most likely be closer to $2 Trillion because the ression and less taxes being paid into the system. Now, the US spends $400 Billion+ on interest alone and another $1 Trillion a year on our Military spending. That leaves approx $600 Billion a year to run the country & all the programs? You do the math! So let's print more money!
WTF...wake up people (sheeple). The Feds are STEALING ALL THE MONEY! And our government allows it!
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The Federal Reserve is all about huge federal budget deficits and a mounting federal debt. The Federal Reserve was established in 1913 by the banksters for the purpose of creating debt-based money secured by thin air. The American people are seriously and terminally indebted to the bankers (banksters) and currently owe over $400 billion a year in interest alone, with no hope of every paying off the principal, which is in the tens of trillions.
In 1910, before the passage of the Federal Reserve Act, the federal debt was a mere $1 billion, or $12.40 per citizen. Now the overall debt is over 80% of the annual output of the entire U.S. economy, as measured by the gross domestic product. When government “obligations” are considered, the debt balloons to an astronomical $56 trillion, or roughly $184,000 per American, according to the Peter G. Peterson Foundation.
It is simple, really — the larger the debt, the richer and more powerful the international bankers become. The Federal Reserve is their front organization and it runs roughshod over Congress.
An example - The IRS collected approx $2.5 Trillion in total income taxes (personal & corp) in 2007. That number in 2009 will most likely be closer to $2 Trillion because the ression and less taxes being paid into the system. Now, the US spends $400 Billion+ on interest alone and another $1 Trillion a year on our Military spending. That leaves approx $600 Billion a year to run the country & all the programs? You do the math! So let's print more money!
WTF...wake up people (sheeple). The Feds are STEALING ALL THE MONEY! And our government allows it!
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