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End the Fed, default on our debt
numbers
lop guest
User ID: 326813
09-13-2017 07:51 PM

 



Post: #1
End the Fed, default on our debt
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Quote:“I wish it were possible to obtain a single amendment to our constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of it’s constitution; I mean an additional article, taking from the federal government the power of borrowing.”~ Thomas Jefferson

Quote:And we are already spending about 500 billion dollars a year just on interest on the national debt, and by 2027 that number is projected to jump to 760 billion dollars a year.

Quote:For instance, the U.S. military is spending 42 million dollars each year on Viagra.

Quote:According to 720 Global, total government debt plus total personal debt in the United States was just over 3 trillion dollars in 1980. That broke down to $38,552 per household, and that figure represented 79 percent of median household income at the time.

Today, total government debt plus total personal debt in the United States has blown past the 41 trillion dollar mark. When you break that down, it comes to $329,961.34 per household, and that figure represents 584 percent of median household income.

http://www.zerohedge.com/news/2017-09-13...ing-future

The Fed was created to endebt/enslave the nation, it's very design defies reason. Why would any nation borrow money and pay interest on money that it itself prints?

________________________

conspiracy theorists are ever and always a threat to conspirators
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LoP Guest
lop guest
User ID: 397555
09-13-2017 07:52 PM

 



Post: #2
RE: End the Fed, default on our debt
4 pronged solution.

1) Congress passes monetary reform act, declares 1 Treasury Note = 1 Federal Reserve Note. Within the reform act TRNs are declared "lawful money" along with the FRN, and gold or silver or whatever people want to use as money.

2) Establish the TRN onto the currency markets and let it float in relation to all other currencies and gold or silver. Then, the markets decide what state currency is worth, not the central banks and their established crony network.

3) Treasury prints greenbacks, non-interest bearing currency to pay all social security, welfare, federal worker pensions, and the rest of government. They also begin to liquidate the national debt denominated in FRNs at some established rate of liquidation, say 2% a year. They can print whatever TRNs are necessary to liquidate the entire debt and then nationalize the paper banking industry.

4) Government constructs thorium nuclear reactors, produces energy and sells into the market priced in treasury notes. So, the power won't be a free market, but it will "back" the printing.

liquid flouride thorium reactors (LFTRs)
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LoP Guest
lop guest
User ID: 326813
09-13-2017 07:56 PM

 



Post: #3
RE: End the Fed, default on our debt
LoP Guest  Wrote: (09-13-2017 07:52 PM)
4 pronged solution.

1) Congress passes monetary reform act, declares 1 Treasury Note = 1 Federal Reserve Note. Within the reform act TRNs are declared "lawful money" along with the FRN, and gold or silver or whatever people want to use as money.

2) Establish the TRN onto the currency markets and let it float in relation to all other currencies and gold or silver. Then, the markets decide what state currency is worth, not the central banks and their established crony network.

3) Treasury prints greenbacks, non-interest bearing currency to pay all social security, welfare, federal worker pensions, and the rest of government. They also begin to liquidate the national debt denominated in FRNs at some established rate of liquidation, say 2% a year. They can print whatever TRNs are necessary to liquidate the entire debt and then nationalize the paper banking industry.

4) Government constructs thorium nuclear reactors, produces energy and sells into the market priced in treasury notes. So, the power won't be a free market, but it will "back" the printing.

liquid flouride thorium reactors (LFTRs)

I like it except that I don't want to pay interest on the debt for 50 years as it is liquidated, because there is no justification for a nation paying interest on or having to bother money that it prints.

If there was ever one redeeming benefit to the Federal Reserve it is that it can be sacrificed, meaning the FR can be bankrupted leaving the USofA intact.
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LoP Guest
lop guest
User ID: 397555
09-13-2017 08:11 PM

 



Post: #4
RE: End the Fed, default on our debt
LoP Guest  Wrote: (09-13-2017 07:56 PM)
LoP Guest  Wrote: (09-13-2017 07:52 PM)
4 pronged solution.

1) Congress passes monetary reform act, declares 1 Treasury Note = 1 Federal Reserve Note. Within the reform act TRNs are declared "lawful money" along with the FRN, and gold or silver or whatever people want to use as money.

2) Establish the TRN onto the currency markets and let it float in relation to all other currencies and gold or silver. Then, the markets decide what state currency is worth, not the central banks and their established crony network.

3) Treasury prints greenbacks, non-interest bearing currency to pay all social security, welfare, federal worker pensions, and the rest of government. They also begin to liquidate the national debt denominated in FRNs at some established rate of liquidation, say 2% a year. They can print whatever TRNs are necessary to liquidate the entire debt and then nationalize the paper banking industry.

4) Government constructs thorium nuclear reactors, produces energy and sells into the market priced in treasury notes. So, the power won't be a free market, but it will "back" the printing.

liquid flouride thorium reactors (LFTRs)

I like it except that I don't want to pay interest on the debt for 50 years as it is liquidated, because there is no justification for a nation paying interest on or having to bother money that it prints.

If there was ever one redeeming benefit to the Federal Reserve it is that it can be sacrificed, meaning the FR can be bankrupted leaving the USofA intact.

But the government can just pay for it's own operations, so it won't have to tax the economy. Imagine would you could do with 1/3 - 1/2 of your earnings?

If they want to print up $10 trillion a year for handouts, let them. The value of the currency they print would be tied to the energy they produce, so if they print to much it will lose value quickly.

The long pole in the tent is construction of enough thorium reactors to start selling power.

They have to do this eventually because the energy density of our fossil fuels is dropping fast.
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LoP Guest
lop guest
User ID: 397555
09-13-2017 08:13 PM

 



Post: #5
RE: End the Fed, default on our debt
I think this is the real reason our government never owned up the constitution, because they know they would screw up by printing too much currency.

So how despicable is it that we have to suffer with losing 50% of our earnings for a system that is clearly failing and fraudulent and creates enemies all over the world.

This is why we get destroyed in a single day, because we are abusing the rest of the world for the wealth of a few thousand people (bankers mostly).
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StarStripes
Registered User
User ID: 402414
09-13-2017 08:15 PM

Posts: 291



Post: #6
RE: End the Fed, default on our debt
Good idea. Let the Rothschilds, Rockerfellers and the banks who ow us pay the debt. They owe us 30 times what they claim we owe them.
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LoP Guest
lop guest
User ID: 326813
09-13-2017 08:19 PM

 



Post: #7
RE: End the Fed, default on our debt
LoP Guest  Wrote: (09-13-2017 08:11 PM)
LoP Guest  Wrote: (09-13-2017 07:56 PM)
I like it except that I don't want to pay interest on the debt for 50 years as it is liquidated, because there is no justification for a nation paying interest on or having to bother money that it prints.

If there was ever one redeeming benefit to the Federal Reserve it is that it can be sacrificed, meaning the FR can be bankrupted leaving the USofA intact.

But the government can just pay for it's own operations, so it won't have to tax the economy. Imagine would you could do with 1/3 - 1/2 of your earnings?

If they want to print up $10 trillion a year for handouts, let them. The value of the currency they print would be tied to the energy they produce, so if they print to much it will lose value quickly.

The long pole in the tent is construction of enough thorium reactors to start selling power.

They have to do this eventually because the energy density of our fossil fuels is dropping fast.

then we should be able to pay off our debt in 10 years by defaulting only on the bonds held by the Fed.
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LoP Guest
lop guest
User ID: 326813
09-13-2017 08:20 PM

 



Post: #8
RE: End the Fed, default on our debt
LoP Guest  Wrote: (09-13-2017 08:13 PM)
I think this is the real reason our government never owned up the constitution, because they know they would screw up by printing too much currency.

So how despicable is it that we have to suffer with losing 50% of our earnings for a system that is clearly failing and fraudulent and creates enemies all over the world.

This is why we get destroyed in a single day, because we are abusing the rest of the world for the wealth of a few thousand people (bankers mostly).

makes me sick
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LoP Guest
lop guest
User ID: 326813
09-13-2017 08:20 PM

 



Post: #9
RE: End the Fed, default on our debt
StarStripes  Wrote: (09-13-2017 08:15 PM)
Good idea. Let the Rothschilds, Rockerfellers and the banks who ow us pay the debt. They owe us 30 times what they claim we owe them.

welcome aboard
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LoP Guest
lop guest
User ID: 409298
09-13-2017 08:52 PM

 



Post: #10
RE: End the Fed, default on our debt
LoP Guest  Wrote: (09-13-2017 07:52 PM)
4 pronged solution.

1) Congress passes monetary reform act, declares 1 Treasury Note = 1 Federal Reserve Note. Within the reform act TRNs are declared "lawful money" along with the FRN, and gold or silver or whatever people want to use as money.

2) Establish the TRN onto the currency markets and let it float in relation to all other currencies and gold or silver. Then, the markets decide what state currency is worth, not the central banks and their established crony network.

3) Treasury prints greenbacks, non-interest bearing currency to pay all social security, welfare, federal worker pensions, and the rest of government. They also begin to liquidate the national debt denominated in FRNs at some established rate of liquidation, say 2% a year. They can print whatever TRNs are necessary to liquidate the entire debt and then nationalize the paper banking industry.

4) Government constructs thorium nuclear reactors, produces energy and sells into the market priced in treasury notes. So, the power won't be a free market, but it will "back" the printing.

liquid flouride thorium reactors (LFTRs)

A renewable resource backing our currency is a great idea that I've floated on other forums in the past. I always got a "meh" in response. But it means not only is your currency backed with a resource, but it's a resource you will never run out of and you produce more of every year. This means your currency grows in strength every year the more you produce that resource. It's a formula for a strong and long lasting currency.

Returning the power to print currency to the US Treasury department is also a good idea. The Federal Reserve should never have existed in the first place.

Allowing the market to decide what currency it wants to use is also a good idea. Cryptocurrency could become more valuable, as well as gold and silver.

Of course since these are good ideas they will never be implemented. What will our government do next? Probably consolidate the Federal Reserve with the IMF so now our currency is controlled by foreign interests. That would be my guess.
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StarStripes
Registered User
User ID: 402414
09-13-2017 10:04 PM

Posts: 291



Post: #11
RE: End the Fed, default on our debt
LoP Guest  Wrote: (09-13-2017 07:52 PM)
4 pronged solution.

1) Congress passes monetary reform act, declares 1 Treasury Note = 1 Federal Reserve Note. Within the reform act TRNs are declared "lawful money" along with the FRN, and gold or silver or whatever people want to use as money.

2) Establish the TRN onto the currency markets and let it float in relation to all other currencies and gold or silver. Then, the markets decide what state currency is worth, not the central banks and their established crony network.

3) Treasury prints greenbacks, non-interest bearing currency to pay all social security, welfare, federal worker pensions, and the rest of government. They also begin to liquidate the national debt denominated in FRNs at some established rate of liquidation, say 2% a year. They can print whatever TRNs are necessary to liquidate the entire debt and then nationalize the paper banking industry.

4) Government constructs thorium nuclear reactors, produces energy and sells into the market priced in treasury notes. So, the power won't be a free market, but it will "back" the printing.

liquid flouride thorium reactors (LFTRs)

How can you expect anything from Congress, if Congress is bought and sold to the banking cartel? https://lunaticoutpost.com/thread-789610.html

How can you expect anything from the Treasury, when it has merged with the private Federal Reserve system and thus cannot be trusted to issue any currency in such circumstances? Do you not know that the entire national debt is one big scam, that the U.S. is under secret Martial law and that the Constitution has been suspended in the courts, since they murdered Lincoln?
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StarStripes
Registered User
User ID: 402414
09-13-2017 10:06 PM

Posts: 291



Post: #12
RE: End the Fed, default on our debt
LoP Guest  Wrote: (09-13-2017 08:52 PM)
LoP Guest  Wrote: (09-13-2017 07:52 PM)
4 pronged solution.

1) Congress passes monetary reform act, declares 1 Treasury Note = 1 Federal Reserve Note. Within the reform act TRNs are declared "lawful money" along with the FRN, and gold or silver or whatever people want to use as money.

2) Establish the TRN onto the currency markets and let it float in relation to all other currencies and gold or silver. Then, the markets decide what state currency is worth, not the central banks and their established crony network.

3) Treasury prints greenbacks, non-interest bearing currency to pay all social security, welfare, federal worker pensions, and the rest of government. They also begin to liquidate the national debt denominated in FRNs at some established rate of liquidation, say 2% a year. They can print whatever TRNs are necessary to liquidate the entire debt and then nationalize the paper banking industry.

4) Government constructs thorium nuclear reactors, produces energy and sells into the market priced in treasury notes. So, the power won't be a free market, but it will "back" the printing.

liquid flouride thorium reactors (LFTRs)

A renewable resource backing our currency is a great idea that I've floated on other forums in the past. I always got a "meh" in response. But it means not only is your currency backed with a resource, but it's a resource you will never run out of and you produce more of every year. This means your currency grows in strength every year the more you produce that resource. It's a formula for a strong and long lasting currency.

Returning the power to print currency to the US Treasury department is also a good idea. The Federal Reserve should never have existed in the first place.

Allowing the market to decide what currency it wants to use is also a good idea. Cryptocurrency could become more valuable, as well as gold and silver.

Of course since these are good ideas they will never be implemented. What will our government do next? Probably consolidate the Federal Reserve with the IMF so now our currency is controlled by foreign interests. That would be my guess.

We already have the money to back out currency, wake-up. https://lunaticoutpost.com/thread-790136.html
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seasnake
Registered User
User ID: 67904
09-13-2017 10:08 PM

Posts: 14,937



Post: #13
RE: End the Fed, default on our debt
take back the control of our own currency... its what should have been done long ago, a few presidents have tried, some have been killed
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StarStripes
Registered User
User ID: 402414
09-13-2017 10:50 PM

Posts: 291



Post: #14
RE: End the Fed, default on our debt
seasnake  Wrote: (09-13-2017 10:08 PM)
take back the control of our own currency... its what should have been done long ago, a few presidents have tried, some have been killed

We are already taking back the control of our currencies. Read the link above and see the videos which have been referenced there. https://lunaticoutpost.com/thread-788102.html Then, once you educate yourself, help by informing others.
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StarStripes
Registered User
User ID: 402414
09-14-2017 12:39 AM

Posts: 291



Post: #15
RE: End the Fed, default on our debt
Any questions Seasnake?
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