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-100
Points

STOP PAYING THE NATIONAL DEBT?

More than half of the money we collect in Federal Income Tax goes to interest on the National Debt. Followed by a good 25% for military.

Welfare, environment, education, roads, salaries of those in Washington, in all Departments...everything else, gets paid with about 25% of the income tax we pay.

Who do we owe this money to?

It never goes away, year after year!

What if we just don't pay? Which bank will suffer?
5 Comments  »  Posted by Angroid to Economy, Additional Issues on 1/12/2009 6:29 PM

Comments

 
noela1
1/12/2009 6:39 PM
 We should abolish the Federal Reserve, which is a private corporation with ownership held by a few ultra wealthy individuals. The Federal Reserve is NOT a governmental agency yet the US Treasury prints money and lends it to "The Fed" (cute name belies its sinister methods of control or operation) and they make their profit on what is OUR money. 

See Aaron Russo's "From Freedom to Fascism" for an education:  http://video.google.com/videoplay?docid=-3254488777215293198

Also, do a search for Paul Grignon's "Money as Debt".........
 
Angroid
1/12/2009 6:51 PM
Saw the movie on DVD year or so ago.

 

I understand the Federal Reserve is a private ownership.

The point is, how can this be?

Maybe we're just wasting our time here, because apparently we should be talking to the Feds, the FED, as you say.

Because they are the ones making big guaranteed money. EVERY year.

 
Snoop Dog
1/12/2009 10:17 PM
I beleive that the Federal Reserve Bank is responsible for all the economic problems, even if they don't tell us that, but who controls the media......I would like to hear a single postive comment about the Fed
 
JimBO
1/13/2009 2:16 AM
 The National Debt will never be paid off.  It's mathmatically impossible.  In our system all money originates from debt.  Without debt there is no money.  Since all money is lent out with interest that needs to be paid back, there is not enough money in the system to pay back the debt that is owed.  Therefore there the National Debt will never be paid.  The system is a complete fraud.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford
 
Angroid
1/13/2009 7:27 AM
JimBO, add a question!
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