Thursday, December 10, 2009

Taking a sledgehammer to the economy: Dems to lift debt ceiling by $1.8 trillion

Debt is slavery. Understand that when the US government borrows money from the Federal Reserve - a PRIVATE banking cartel - YOUR money is created out of thin air and loaned to YOU at interest.

This money cannot possibly be paid back. For when you create money out of thin air and loan it at interest, where does the money to pay the interest come from once you've paid the principle? You must borrow more money. This they do not even try to hide. “We’ve incurred this debt. We have to pay our bills,” House Majority Leader Steny Hoyer said. They will pay their previous debts by incurring new ones, which only increases the overall debt load.

For this reason, the collapse of our economy is actually built into the system. You cannot stop it. This coming total collapse is the culmination of an inevitable chain of events that began at the Fed's inception in 1913. The existence of a central bank - The Fed - is a terminal cancer that will - and has - spread throughout the entire host - the United States of America. Unless we remove this cancer, we as a nation will suffer and perish.