Tuesday, September 18, 2018

the fed is dead

The Federal Reserve is down. The Treasury has taken over the task of sorting and transferring payments. The Fed's charter expired in 2012. I remember reading about that at the time. But apparently the PTBs in charge of things were content to let it continue. This PTB is not.

The new fiscal year begins October 1. I have not heard a peep out of congress about next year's budget. Without a budget, the government will shut down. At least part of it. October 1 is a Monday.

If there's a new financial situation, then there'll have to be a bank holiday. Thomas Paine of American Intelligence Media has been saying for months that the government will take over the Fed and declare all our debt to be "odious debt". Which means we don't pay it! Which is the only way we'll ever get free of that burden.

Remember the old saying: If you owe the bank 20 thousand dollars and can't pay, you have a problem. If you owe the bank 20 trillion dollars and can't pay, the bank has a problem.

Open the sealed indictments and there may be a lot of senators and representatives among them. If there's not enough for a quorum, Trump can do what Lincoln did: Declare martial law and start taking names and kicking ass.
So let's review what we've learned. The Federal Reserve that has been part of our lives since 1913 is dead. Imagine! Debt free currency! JFK would be so proud!
I'm willing to wager that we won't really know what a burden we've been under with the Fed until we're free of it. And if all this really happens, it'll be an October Surprise we'll never forget. And it will make a real contribution to our collective goal:
Make America Great Again

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