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Now we have the whole picture of what THEY have been up to.
Dick Eastman
They killed over 2000 people in a false flag attack on September 11, 2001. The deception was used to engage the United States in two wars and an open ended "war on terrorism" they told us might last 100 years. The bill, over three trillion dollars was deficit financed issues of treasury securities sold to them. Their defense corporations got the money.
They killed thousands and destroyed billions of dollars worth of property using weaponized weather control. The reconstruction contracts were deficit financed with new issues of treasury securities sold to them. Their reconstruction contractors got the money.
They created a super deflation which caused millions of Americans to default on their loans. It was the banks who got the bailout -- even though it was also the banks who took possession of the foreclosed properties. The bailout was financed with new issues of treasury securities sold to them. With their outside dollars holdings they have been able to buy up our bankrupted businesses and homes.
Then the Federal Reserve Bank begins open market purchases of all the securities that were sold to "them," giving them trillions of dollars for the debt instruments the payments on which all the world knew would be impossible for the US keep up with. For all US contracts going to them as a result of their provoked wars, their arranged weather disasters, their arranged dept and deflation caused depression -- they get the interest on the loan, they get the money that is spent, the get the interest on the treasury securities they hold -- and now at the moment the US can no longer pretend that its treasury securities can have any possible redemption value -- they sell the securities to the government for an artificial prices equal to what the treasury securities would be worth if the United States were actually solvent, that is, actually able to tax its people enough and cut other expenses enough maintain interest payments to them.
Now Ron Paul proposes that the treasury securities now in possession of the Fed be repudiated.
Did you understand what you just read?
Ron Paul is asking that the United States Debt which has just been sold by Them to the Fed, now be erased, and forgotten. (Emphasis on the word "now")
No one talked about repudiation of the debt (except the always ignored populists) as long as the IOUs were in the hands of Them. But now that the Federal Reserve has, for no good reason except for its love of the creditor class, bought up all the IOUs held by Them, but now that They no longer own the debt, now that all the IOUs are in the hands of the Fed we have Ron Paul asking that it all be erased.
Remember They always use the Fed as their money market account. When they need money to buy up a country they have just collapsed, they turn in their securities for cash. If they want to tighten the gold market, they sell the Fed gold. If they want to sell gold to panicking fools stirred up by Celente, Beck and Paul so that they blindly use their precious dollar purchasing power to buy worthless/sterile gold at the top -- then they get it from the Fed. They simply use the Fed to move into securities so they will collect interest, or into money or into money so they can speculate -- always buying one or the other or the other high when we buy low and always selling at a high when we are buying at a high.
But now the securities are no good any more and They have stuck the American people with them. And no Ron Paul wants them erased -- wants no interest paid on them.
NOW HERE IS THE PART THAT NO ONE BUT A FEW SCATTERED POPULISTS AROUND THE WORLD IS GOING TO UNDERSTAND OR ACCEPT -- "They" have already collected on that interest when they sold the securities to the Fed at a present value that was based on the erroneous premise that the securities would faithfully pay out interest and full face value. Or more accurately, the sold for a price that would only be justified if the United States of America really was able to guarantee that on the future dates when the securities would come due that the US would be able to pay their full face value.
I am saying that They -- the Rothschilds, the Rockefellers, the directors and stock holders of Goldman Sachs. Morgan, Chase, Soros, Murdoch, etc etc etc -- got all the interest paid to them when the Fed bought with "thin air" dollars the securities that were worthless but for which the Fed paid a price that should only have been paid for grade AAA sure-thing bonds of a perfectly solvent country.
Ron Paul is advancing this plan -- devized by whom??? -- for the US to simply stiff the Fed on the interest payments -- that the US could never pay anyway. BUT DAMN IT -- DON'T YOU SEE THAT THAT WAS THE PLAN ALL ALONG -- FOR "THEM" TO SELL THE SECURITIES AND GET TOP DOLLAR, FIGURING THE PRESENT VALUE OF THE SECURITIES ON THE FALSE ASSUMPTION THAT IN THE FUTURE THE FACE VALUE COULD ACTUALLY BE PAID -- SO THAT THEY GET ALL THAT STREAM OF INTEREST PAYMENTS (THAT NEVER WAS GOING TO HAPPEN) IN PRESENT VALUE.
In other words, the Fed sold them worthless securities at prices that should only have been paid for sure-thing American bonds of the good old days. They sold the treasury securities to the FED BEFORE the US lost its credit rating -- which They knew was going to happen because they planned for it to happen.
They caused the disasters that forced us to spend. Then they "thin-aired" us the money in exchange for our national IOUs (US securities.) We spent the money on services sold by their war profiteering and (man-made) natural-disaster profiteering monopoly corporations. The collected interest on the securities for a while. But then, when the great crime played out and the American people were sucked dry by the deflation in the domestic economy of the household sector and the domestic-consumption-good-production-sector -- deflation caused by these monstrous compounded super crimes - we find ourselves stuck with the IOUs that the hirling criminals in Congress authorized with either not a thought or not a care about the impossibility of this working out to Americas advantage.
And so the people are given the result of all this -- and because of the giant scare that congress and the media have worked up about the US defaulting -- people are ready to greet Ron Paul as a hero because he is telling people to repudiate the debt AFTER WE HAVE BOUGHT THE DEBT BACK FROM OUR CREDITORS AT TOP DOLLAR PRICE.
Yes, They exchanged their US debt for Fed Dollars -- because Fed Dollars have nothing to do with the US. Fed dollars are not US treasury notes. We could have had US treasury notes -- but our Congress criminals found it easier to elected if they gave the power of making paper money to the Banks and have the people and the government borrow it from them -- instead of having the government simply print its own for free and either spend it into existence itself or else distribute it via social credit.
At the very beginning of the debt crisis 2008 -- I suggested two things. I suggested lowering the reserve requirement in banks so that new -- costless to us -- loans could be made by the banks which would have ended the deflation that was causing the defaults. I also suggested that we stop paying interest on securities in possession of the Fed -- since the Fed has always held a lot of securities (and gold too) for the purpose of selling it to Them when it wanted to increase the amount of loanable funds. It would have been a great relief to the public. It would have been a solution to our problem of choosing between "Guns or Butter or a new interest-financed gold plated secret Solar System skipping Space Yacht for Rothschild's latest girl friend. (or whatever)." BUT IT IS A COMPLETELY DIFFERENT BALL GAME WHEN A TRILLION DOLLARS IN DEBT WITH INTEREST PAID FOR AT PRESENT VALUE FOR GRADE AAA BONDS HAS BEEN PAID BY TAX PAYERS -- GIVING "THEM" ALL CASH UP FRONT -- AT A TIME WHEN THE EURO IS TANKING AND THE AMERICAN PEOPLE ARE SUCKED DRY OF PRECIOUS DOLLARS THAT THEY DON'T REALLY OWN OR CONTROL ANY MORE.
And how are Ron Paul and CNN and Time etc. selling this outcome to the American people?
"Ron Paul's plan Republicans and Democrats wouldn't have to come to some compromise about taxes or spending cuts. In fact, they wouldn't even have to vote to raise the debt ceiling, at least not for a year, perhaps more. And that's not all. Paul's plan would not only solve the debt ceiling problem, it also might eliminate any harmful after shocks the Federal Reserve's QE2 program could have on the economy. ... Paul's plan starts with the Federal Reserve. In the last year or two the Fed has been buying up U.S. Treasury bonds in an effort to lower interest rates and boost the economy. ... most economists agree that it was a generally helpful policy. .. The result is that the Fed now holds nearly $1.7 trillion in U.S. debt. ... But ...that is really phony debt. The Treasury pays the interest on the debt on behalf of the U.S. government to the Fed, which in turn returns 90% of the payments it gets back to the Treasury. Nonetheless, that $1.7 trillion in U.S. bonds that the Fed owns, despite the shell game of payments, is still counted in the debt ceiling number, which caps that amount of total Federal debt at $14.3 trillion. ... Paul's plan: Get the Fed and the Treasury to rip up that debt. It's fake debt anyway. And the Fed is legally allowed to return the debt to the Treasury to be destroyed. A trillion and a half dollars is currently about what spending is expected to exceed tax revenue in 2011. And the deficit is expected to dramatically shrink in 2013 and beyond. So cut the debt by $1.7 trillion and you could run the government as is for at least the next year, and perhaps into 2013.
Yes, this is what is going to happen. It was inevitable. It was more than inevitable -- it was a well-planned crime in which Bernanke and Ron Paul and the media are just bit players following orders.
Dick Eastman
Yakima, Washington
Every man is responsible to every other man
oldickeastman@q.com
July 26, 2011