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The Biggest Ponzi Scheme In The History Of The World
Submitted by Michael Snyder of The Economic Collapse blog,
Did you know that you are involved in the most massive Ponzi scheme that has ever existed? To illustrate my point, allow me to tell you a little story.
Once upon a time, there was a man named Sam. When he was younger, he had been a very principled young man that had worked incredibly hard and that had built a large number of tremendously successful businesses. He became fabulously wealthy and he accumulated far more gold than anyone else on the planet. But when he started to get a little older he forgot the values of his youth. He started making really bad decisions and some of his relatives started to take advantage of him. One particularly devious relative was a nephew named Fred. One day Fred approached his uncle Sam with a scheme that his friends the bankers had come up with. What happened next would change the course of Sam's life forever.
Even though Sam was the wealthiest man in the world by far, Fred convinced Sam that he could have an even higher standard of living by going into a little bit of debt. In exchange for IOUs issued by his uncle Sam, Fred would give him paper notes that he printed off on his printing press. Since the paper notes would be backed by the gold that Sam was holding, everyone would consider them to be valuable. Sam could take those paper notes and spend them on whatever his heart desired. Uncle Sam started to do this, and he started to become addicted to all of the nice things that those paper notes would buy him.
Fred took the IOUs that he received from his uncle and he auctioned them off to the bankers. But there was a problem. The IOUs issued by Uncle Sam had to be paid back with interest. When the time came to pay back the IOUs, Uncle Sam could not afford to pay back the debts, pay the interest on those debts, and buy all of the nice things that he wanted. So Uncle Sam issued even more IOUs than before so that he could get enough notes to pay off his debts. As time rolled on, this pattern just kept on repeating. Uncle Sam repeatedly paid off his old debts by taking out even larger new debts.
Meanwhile, since the notes that Uncle Sam was using were backed by gold, everyone else in the world decided to start using them to trade with one another. This was greatly beneficial to Uncle Sam, because the rest of the world was glad to send him oil, home electronics, plastic trinkets and anything else that Uncle Sam wanted in exchange for his gold-backed notes.
Eventually, however, the rest of the world started to suspect that the number of gold-backed notes that Uncle Sam was issuing far exceeded the amount of gold that Uncle Sam actually had. So the rest of the world started to trade in their notes for gold.
And by that time Uncle Sam definitely did not have enough gold to back up his notes. Realizing that the scheme was starting to collapse, one day Uncle Sam announced that his notes would no longer be backed by gold. But he insisted that the rest of the world should continue using his notes because he was the wealthiest man on the planet and everyone should just trust him.
And the rest of the world did continue to trust him, although it wasn't the same as before.
As Uncle Sam got greedier and greedier, he started to issue IOUs and spend notes at a rate that nobody ever dreamed possible. The great businesses that Uncle Sam had built when he was younger were starting to decline, and Uncle Sam started buying far more stuff from the rest of the world than they bought from him. The rest of the world was still glad to take Uncle Sam's notes because they used them to trade with one another, but they started accumulating far more notes than they actually needed.
Not sure exactly what to do with mountains of these notes, the rest of the world started to loan them back to Uncle Sam. It eventually got to the point where Uncle Sam owed the rest of the world trillions of these notes. Even though the notes were losing value at a rate of close to 10 percent a year, Uncle Sam somehow convinced the rest of the world to loan him notes at an average rate of interest of less than 3 percent a year.
One day Uncle Sam woke up and realized that the amount of debt that he owed was now more than 5000 times larger than it was when Fred had first approached him with this ill-fated scheme. Uncle Sam now owed more than 16 trillion notes to his creditors, and Uncle Sam had already made future financial commitments of 202 trillion notes that he would never be able to pay. Meanwhile, the notes that Fred had been printing up for Uncle Sam were now worth less than 5 percent of their original value. Uncle Sam was becoming concerned because some of his other relatives were warning that this whole scheme was about to collapse.
Sadly, Uncle Sam did not listen to them. Uncle Sam knew that if he admitted how fraudulent the financial scheme was, the rest of the world would quit sending him all of the things that he needed in exchange for his notes and they would quit lending his notes back to him at super low interest rates.
And if the rest of the world lost confidence in his notes and quit using them, Uncle Sam knew that his standard of living would go way, way down. That was something that Uncle Sam could not bear to have happen.
When a financial crisis almost caused the scheme to crash in 2008, a desperate Uncle Sam went to Fred and asked for help. In response, Fred started printing up far more notes than ever before and started directly buying up large amounts of IOUs from Uncle Sam with the notes that he was creating out of thin air. Fred hoped that the rest of the world would not notice what he was doing.
It seemed to work for a little while, but then an even worse financial crisis came along. Once again, Uncle Sam started issuing massive amounts of new IOUs and Fred started printing up giant mountains of new notes to try to fix things, but their desperate attempts to keep the system going were to no avail. The rest of the world started to realize that they had been sucked into a massive Ponzi scheme, and they lost confidence in the notes that Uncle Sam was using. Suddenly nobody wanted to lend notes to Uncle Sam at super low interest rates anymore, and people started asking for far more notes in exchange for the things that Uncle Sam wanted.
Uncle Sam's standard of living dropped dramatically. Since he could no longer flood the world with his notes, Uncle Sam could not continue to consume far, far more wealth than he produced. Uncle Sam sunk into a deep depression as he watched the scheme fall apart all around him.
Uncle Sam had once been the wealthiest man on the entire planet, but now he was a broke, tired old man that was absolutely drowning in debt. Unfortunately, once he was down on his luck the rest of the world did not have any compassion for him. In fact, much of the rest of the world celebrated the downfall of Uncle Sam.
All of this could have been avoided if Uncle Sam had never agreed to Fred's crazy scheme. And once Uncle Sam made the decision to stop backing his notes with gold, it was only a matter of time before the scheme was going to collapse.
Does this little story sound crazy to you? It shouldn't. The truth is that you are involved in such a scheme right now. In case you haven't figured it out, "Uncle Sam" is the United States, the "notes" are U.S. dollars, and "Fred" is the Federal Reserve.
Please share this story with as many people as you can. Our country is headed for complete and total financial disaster, and we need to get people educated about this while there is still time.
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Since we're talking about ponzi schemes and subsequent bail-outs, here's the scoop on the Irish bail-out, if you haven't already seen it:
Explaining the Irish bailout
In a little Irish town the rain is beating down and the streets are deserted.
Times are tough, everybody is in debt and everybody lives on credit. On this
particular day a rich German tourist is driving through the town and stops at
the local hotel and lays a euro 100 note on the desk telling the hotel owner
he wants to inspect the rooms upstairs in order to pick one to spend the night.
The owner gives him some keys and as soon as the visitor has walked upstairs
the hotelier grabs the euro 100 note and runs next door to pay his debt to the
butcher. The butcher takes the euro 100 note and runs down the street to repay
his debt to the pig farmer. The pig farmer takes the 100 note and heads off to
pay his bill at the supplier of feed and fuel. The guy at the Farmers' Co-op
takes the euro 100 note and runs to pay his drinks bill at the pub. The
publican slips the money along to the local prostitute drinking at the bar who
has also been facing hard times and has had to offer him "services" on credit.
The hooker then rushes to the hotel and pays off her room bill to the hotel
owner with the euro 100 note. The hotel proprietor then places the euro 100
note back on the counter so the rich traveller will not suspect anything.
At that moment the traveller comes down the stairs picks up the euro 100 note
states that the rooms are not satisfactory pockets the money and leaves town.
No one produced anything. No one earned anything. However the whole town is
now out of debt and looking to the future with a lot more optimism.
And that Ladies and Gentlemen is how the Irish bailout package works !!
................................................................................
There's more:
According to the Irish Office of National Statistics, the euro 800 "spent" by
these people added 0.001% to Irish GDP for that month and managed to lift the
economy out of recession. The Irish Chancellor promptly announced in Parliament
that the country was now officially out of recession and the economy was growing
again. The Irish Tourist Board announced that tourism was booming, and on the
strength of it secured a budget increase of euro 5 million to run ads on
German TV to capitalise on the growth in German tourism to Ireland. The Govt
agency that monitors personal debt announced that it was coming down and the
worst is now behind us.
But still no one has produced anything, no one has earned anything, no additional
wealth has been created, no one has exported anything and the national debt has
increased.
Uncle Sam realized he only had low quality coin bars left in his gold storage room from the time he had confiscated gold in the 1930s. He didn't panic though when he remembered that his rather secretive cousin Black Eagle had a stash of gold that he had somehow robbed after WWII. He knew Black Eagle would put some of this gold his way if, that is, he hadn't handed it out to all his wild pals. He had heard that Black Eagle wasn't altogether wild and had put some of the gold in safekeeping with some very proper bankers in places like Switzerland. He hoped that was the case or else he'd have to use his coin bars and that would be embarassing...no one wanted them. He had though a German cousin that had entrusted him with some nice enough gold bars. He thought his German cousin might not notice if he swapped some coin bars for some of the better assay bars, not great, but a bit better. So Uncle Sam made the swap and hoped no one would notice. The German cousin began appearing at odd hours and wouldn't let up about his bars. Apparently his wife was nagging him. Finally after some beer, an intoxicated car journey wherr they got stopped by federal agents, and a dinner and burlesque party at some Italian singers villa, the next day the German cousin agreed to wait seven years to ask for his gold back.
This exact story happened exactly as described, many years ago:
https://www.youtube.com/watch?v=8Sv2pbFDgwQ
It starts with Suss selling bawbles to the Duke of Wurttemberg on credit.
The Duke then gives Suss license to collect tolls on the roads of Wurttemberg.
The extra tolls cause the price of all goods to rise. The bankers tell complaining farmers to "Learn how to reckon".
It ends with Suss blackmailing and raping the pretty blond girl (off-screen) and she commits suicide.
Oh wait, no, thats the climax. It ends with the Duke getting a heart attack, and Suss being hanged.
Move over Obamaphones Obamacars are next if the Congress has it's way with immigration reform. How an Obamacar reforms immigration is another issue all unto itself.
http://www.breitbart.com/Big-Government/2013/06/24/ObamaCar-handout-for-...
Breitbart News has learned there is a provision included in the immigration bill that could be used to give free cars, motorcycles, scooters or other vehicles to young people around the country over a period of 15 months after the bill passes. The new provision is a result of the latest addition to the Corker-Hoeven amendment, which is essentially an entirely new version of the bill.The Washington Examiner’s Byron York uncovered the new Obama stimulus program that Gang of Eight members and other Senate Republicans inserted into the bill as a sweetheart deal for liberal Sen. Bernie Sanders (I-VT). The left leaning Senator was previously critical of the legislation.
“The original Gang bill ended with a section designated Title IV, which was headlined REFORMS TO NON-IMMIGRANT VISA PROGRAMS,” York wrote on Sunday. “The Hoeven-Corker version of the bill added a Title V, with the headline JOBS FOR YOUTH. The measure would provide $1.5 billion in the next two years to provide jobs for Americans between the ages of 16 and 24. It was originally pushed by Democratic Sen. Bernard Sanders, who wanted to come to the aid of young workers who were ‘hard hit by the Wall Street-caused recession.’ Now, Sanders says immigration reform will further damage youth job prospects.”
A provision under that new stimulus program title allows for the use of spending the taxpayer money on the program to provide transportation for youth to and from their jobs.
“(f) USE OF FUNDS.—
(1) IN GENERAL.—The funds made available under this section shall be used—
(A) to provide summer employment opportunities for low-income youth, with direct linkages to academic and occupational learning, and may be used to provide supportive services, such as transportation or child care, that is necessary to enable the participation of such youth in the opportunities;”
The total appropriation for this new stimulus program would be $1.5 billion that would be divvied up among states that applied for the money. According to the proposed statute as written, all the money would need to be spent in a year-and-three-months period.
“The amounts appropriated under this title shall be available for obligation by the Secretary of Labor until December 31, 2014, and shall be available for expenditure by grantees (including subgrantees) until September 30, 2015,” the part of the provision detailing how long the money would be available for reads.
A GOP senate aide told Breitbart News that for the country to be able to spend $1.5 billion on such a program so fast, it would need to buy, lease or rent motor vehicles for beneficiaries of the new government handout. The provision that outlines how the money can be legally used for providing “supportive services” like “transportation,” the aide said, could easily be interpreted to mean the money could be spent buying or leasing or renting vehicles for the beneficiaries.
“This appears to give states authority to buy, lease or rent motorcycles, cars and scooters or anything kids want to buy to get to and from a job,” the GOP aide said.
That amendment also allows for the border fence addition (not much of one at that) to be canceled at the descretion of Napolitano. The legislation calls for a national ID card to be required. It's really a fucking unbelieveable sellout of the american people.
Uncle Samuel was seduced into crass materialism and threw away the racial ethics of hard work and sacrifice that brought forth his prosperity.
First Sam got lucky, having found the vast and unexploited land full of riches valuable in the pre-industrial era (food, fur, fish, agricultural land, precious metals).
Sam had the luxury of being able to own slaves in order to explore the riches while the rest of the colonial world has already largely phased them out. Sam was not only severing ties with the "home" he came from by withholding taxes. He was also threatening the international commodities cartel by exporting dirt-cheap slave-produced grain and sugar, with which the early European labor unions could not compete.
Sam's relatives threw everything they had trying to beat Sam into submission, but their debts were great, resources were limited and the distances too vast to wage an active campaign. They were also fighting among themselves and that ensured their eventual demise.
In his fight to keep the slaves and and the land freshly liberated from the people who inhabited it prior to its discovery, Sam nearly banrkupted himself and was forced to utilize slalves as soldiers offering them amnesty instead of a paycheck. Depite winning the battle over land, Sam has lost one of his most precious resources - cheap labor.
But Sam hasn't lost his taste for slavery - doing nest to nothing and getting a lot in return, so he's been desperately trying to re-invent it for centuries.
When uncle Fred came along and offered a modern solution, Same went all-in without hesitation.
You did not build that? Sorry, doesn't fly here. The Native Americans also had the land and the resources. Why wasn't the great civilaization here when the Europeans arrived? And the slaves were not a big part of building the great country. They were primarily in the south producing cotton for the British.
A picture is worth 1000 words.
http://hyperborearising.files.wordpress.com/2013/01/rome_2ee189_298401.jpg
Expand your horizons and read 'Why Nations Fail' http://en.wikipedia.org/wiki/Why_Nations_Fail
And while your thinking about that think about this:
Native populations lived sustainable lives - by no means nirvanna but sustainable.
What sort of lives do we live?
- we commit murder on an industrial scale
- we rape the planets resources
- we destroy the environment
- we shop
- we worship paris hilton etc
- we are fat disgusting pigs who gorge on utter shit
- we are mostly now obese or on the way there
- we ride around on scooters because we are too fucking fat to walk
- we sit around watching porn
- etc.... etc.... etc....
Draw your own conclusions.
America is not a special country. It's a product of massive resources - good climate - British political tradition (from Greek tradition)
Even retards could figure out prosperity from that mix
The problem with the story is the false undlying assumption that Fred ever wanted Sam to live happily ever after....
Fred didnt... Fred wanted Sam to live exactly like his neighbors Pedro, Shanaqua, mohammad, Yuan, Ivan, and Hans. More importantly they are now all controlled by Fred, and live in quasi co-existance miserably ever after.... the end.
Fred has all the money. Natives are not happy. When the natives are not happy, no one is happy.
The money trail is visibly apparent. Natives are beginning to crowd the intersection and are heading toward the Fred and whoever supports the Fred because they are one and the same.
History will repeat itself in all its glory and we will, once again, be faced with annihilating the weak links in the chain of evolution of mankind. Love of life and love of sons and daughters will never allow imprisonment of the spirit and fortitude of the spirit. It's our instinct to survive.
typo edit :)
Fred has bugged sams every move, has drones, MRAPs and billions of hollow points.. Sam not so much
My version of the story is a little different, in my version Uncle Same had a bigger gun than everyone else and took what he wanted without paying for it.
The end.
originally - uncle sam had a smaller gun. 1912. but - that's what he spent the borrowed money buying, a bigger one - so he could take everything for free from the others.
payback karma is a bithc.
Uncle Sam is now Uncle Spam.
Yankee Doodle Dandy is now Yankee Noodle Pandy.
I don't know if this guy named Sam was ever principled. He became rich to begin with off the backs of slave labor and slave wages
Whipcracking is hard work, you know.
hear him whip the women just around midnight...
Really sad, sad story.
/Irony off
The story misses a critical element... Fred gave Sam AN APPLE TO EAT...
Uncle Sam is a bankrupt peeping Tom.
and he does murder for hire ! sick man that guy.
Fuck Fred and SAM!
Uncle Scam has his hand in your pocket ready to give your money to the financial criminals and to the new amnestied once illegal voters.
New coin:
In criminals and fraud we Trust.
It does not matter how bad things are for Uncle Sam, because things are even worse for the others and at the end of the day it's about the last man standing even though his face might have been beaten to pulp.
It's a crying shame the world has sought its winners through confrontation rather than creative endeavours but I guess this simply confirms that man learns little from his moral misakes. He only seems to learn from his engineering and scientific mistakes.
And now Fred owns Sam.
Yes - Fred gives Sam pieces of paper in exhange for reach arounds and hummers. Fred Loves Sam.
People do not understand this because it sounds unebelievable.
I am a veteran participator of pyramid schemes.
The reason people do not pay attention to them, it's because they sound unebelievable.
It's over.
I've said many times
It's over
ekm: There are many people on this site who's daily bread and butter rely on the Ponzi, and they come here to bitch about the Ponzi.
"Did you know that you are involved in the most massive Ponzi scheme that has ever existed? "
Why yes, yes I did...............
I am pissing myself laffing over that MOST excellent comment
And if "bring involved" means getting bent over a log, then yes, I am involved.
It's already too late.
We are well past, "educating the People". It makes no difference now. WE know and all WE can do is just watch it happen.
"You think you hate it now, but wait 'til you drive it."
http://www.youtube.com/watch?v=e2anneYSiaY
Uncle Scam want's your money! So does Wall Street. Nobody goes to jail for financial criminal behavior.
More Ponzi, more wars and schemes.
The destruction of the United States of America has happened directly at the hands of the FED and Wall Street banksters. They have commited treason. They have capatrured portions of the Federal Government and have had judges and lawyers pass laws against the United States of America. It is time we as United States F'n A Americans haul their asses into prisons and try them for treason and war crimes against the people of the world.
You listening Wall Street? The World Fucking hates you and is coming for you. M'Fers.
Oh, Uncle Sam is the US - thanks for making that clear! ;)
Most Americans prefer ignorance. Ignorance is bliss. Waste of time to distribute, because if they do not know the situation they face, they will refuse to face the truth. Why cry when you can continue the fake smile.
Of course, Japan and Europe-with the Euro- will be first cause to the downfall of western financial system, so Daddy Bernanke can say: "I told you so, PRINT MOAR, FORGET AUSTERITY. If you had listened, all would be well."
Ponzi , for a lack of better word , is good. - Gordon Geko 2013
Gee, I think even the average rickshaw driver in Bangladesh would understand this story. I think even a 5 year old would understand the story. I think even a Paul Krug... oh, never mind.
who cares as long as there is coke, pizza and pussy.......
@ esum
Yeah right!
gimme a large coke, large pizza and um err a small. . .
So, how does this CAFR thing fits in all of this?
You could have just simply said Social Security and I would have agreed, but no, you had to go into this great big convoluted roundabout of how the US has screwed its patrons through treasury notes etc... "Brevity is the soul of witt"
Fuck America - YA!
Seriously. You little people in the United States really need to wake up and see the world as what it is. Ponzi scheme? Are you guys really that naive/stupid/misinformed to believe that the leaders of the world are dumb enough to be "fooled" by this "scheme"?
The real truth is, dear "truthers", that the dollar does not need gold backing. It's backed by the United States military! Yeah, that's right. The U.S. has more than a hundred military base all over the globe. Doing what? Defending freedom? Spreading American way of life? or extending imperial presence? Your grunts "fighting for freedom" - what the hell ever that means - are as a matter of fact nothing more than thugs strolling around the town collecting protection money from townspeople. A single U.S. carrier battle group has more combat strength than rest of the worlds' navies and airforces combined. The U.S. has ten of these. Why is it that they're spending 100's of billiions of dollars in defence? Because gun is stronger than gold.
Pax Americana may indeed come to an end, sooner or later, but not in a way you may imagine; the rest of the world suddenly "realizing" that they're being tricked and dumping US debt, triggering economic collapse. Everyone knows the U.S. will never pay back their debt. Then why are the rest of the world buying the debt? Are they fucking stupid? No! It's because they've got guns to their heads. The only way Pax Americana would end is by internal collapse, but by then the rest of the world will have undergone complete socioeconomic collapse.
I agree with your premise, however, as allies turn on us (US) it'll become hard to justify war, for example, india, iran and russia have a trading axis, the US might be able to declare war on iran, but what about russia and india? Not likely. Also, recently Japan, Brazil, India, Russia, China, and many others recently announced direct trading without the benefit of using the US dollar as an intermediary, this is the exact 'crime' saddam hussein' committed and paid for whit his life...unlikely the world's greatest military can be used to attack allies...end is near my dear...just a matter of years away before a new currency is minted...trade in green backs for yellow,brown,orange backs...
Both Brazil and Turkey have partaken in the gold trade, and have "contorted with the enemy" (of Fred). How unfortunate that both now have civil unrest.
Coincidence? I think not!
draghithebearslayer: I think America will collapse like this:
http://www.dilbert.com/1997-12-15/
Not so sure I agree, every nation that has a central bank has polititians that are taking bribes and are benefiting from the money printing and bailouts, just like the US. The armed forces are there to keep them from going off the reservation if/when things go south.
Fuck YOU "Fred"
The Kingdom of Moltz by Irwin Schiff
http://www.youtube.com/watch?v=Hi-P-pLO0vY
Well there could be an alternate ending to the story. During this period after Uncle Sam stopped backing notes with gold, they built the largest military force on the planet. Every country that refused to go along with Sam and Fred's scheme were conquered and their resources stolen. Eventually, even this didn't ensure the Ponzi scheme would not collapse, but the wealthy people in Sam's country and even in other countres had quietly traded their worthless notes for all the worlds real assets, such as real estate, water, gold, silver, minerals, and even the air itself. So when their notes were finally deemed worthless, they owned everything, and it didn't matter if the other billions of folks starved. They formed a new currency and started a brand new Ponzi scheme.
Good comment, however, in the case of the US and their TP currency (dollar), they literally traded everything for it including the manufacturing base and became a paper-tiger lording over an impoverished people.
The chickens are coming home to roost in the form of hyperinflationary dollars and misery to be followed closely by the guillotines.
Read every comment and enjoyed immensely, thanks!
So when does fred get shredded and sam unshackled?
What a load of self serving shit.. Uncle Sam has always been a warmonger, from the genocide against the natives, the seizure of neighboring lands and the forced imposition of the USD.
Things are beginning to unwind and the author of this piece is going to get his comuppance along with the rest of us.
The article misses the key point in the discussion, Sam, has the power to destroy the world many times over and to kill anybody anywhere within half an hour of giving the order.
Can you imagine Bernie Madoff and his Ponzi scheme with that kind of power?
The problem is a lot worse than the article describes.
Yup, a banana republic with nukes.
Dangerous. Very, very dangerous.
Why shouldn't we have the biggest Ponzi .... Ponzi was an American .... American Exceptionalism .... Ponzi is immoral .... there is a bigger evil .... the sick socialist world .... we used our fraudulent money creation to subdue and trade with a world far sicker than we .... no pearls for the swine .... fiat for the swine .... it's better we did it to them .... for our mutual benefit .... than trust the heathens to be enlightened and fair .... so Ponzi was a "Big Stick" used to bring commercial order to the world .... it is a doomed system and has served it's rough purpose .... now, we are ready to return to a gold monetary system .... the tough work has been done .... we won the hot war .... we won the cold war .... we won the economic war .... we won the information war .... we are winning the terror war .... no one else had a plan .... no one else had a vision .... someone had to bring order .... we did .... would it have been better without fiat .... in a perfect world, yes .... this is an imperfect world .... governed by the use of force .... fiat is force .... fiat is theft .... let's hope we can transition .... to a free market world .... using a gold standard .... I'm doing my part by having hoarded .... bring on the future .... I am not afraid .... I am Monedas !
Yep, I knew and still know. Not hard to figure out.
The biggest ponzi scheme? Oh, please, give this hyperbole a rest...if only to spare the rest of the world from the tedious self-pity of minor losers in the globalist game.
Uncle Sam tried crystal meth for the first time last week - has been partying ever since - no sleep - dropped round to visit nephew Fred and put 6 caps in the side of his head, stole all the new ly printed notes and is off to LA in a stolen car to score more meth
'In response, Fred started printing up far more notes than ever before and started directly buying up large amounts of IOUs from Uncle Sam with the notes that he was creating out of thin air. Fred hoped that the rest of the world would not notice what he was doing.' ..huh?
QE explained...
http://www.youtube.com/watch?v=j2AvU2cfXRk&feature=player_embedded
The real key point in this and all governments have been behaving the same.
Where the hell did I sign up to this? Go on answer that? So even if you are of sound mind, sensible, etc. you have been signed up to a ponzi of somebody elses making.
The only reasonable answer is Seisachtheia, as it was originally put in action by Solon (6th century BC)
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Upon reflection, and cursory inspection of historical records, we find that the americas were inhabited before Columbus, Spain, England, GeorgeWashington, ThomasJefferson and their merry band of philosopher-revolutionaries dropped anchor and set up camp.
With the benefit of a few hundred years to think this over, we recognize something interesting, and a bit humbling for some. Specifically, we recognize the americas were already organized in the most perfect possible manner, and should have been left alone to develop in a natural way.
What was this perfect organization? Okay, not perfect. Just better than anything else. The americas were populated by groups that were one step larger than extended family groups. They have come to be called "tribes" over time. Each tribe had their way of life, some stayed put and sorta farmed and raised animals after a fashion, others were hunter-gatherers that usually moved with the seasons.
Each tribe had their ways, their practices, their strategies to survive and prosper.
Though the internals of each tribe varied, and apparently varied quite a bit, this organization had another feature. Any individual could just collect his belongings, hop on his horse, leave the tribe, and settle down on his own, or with his [extended] family [and friends] anywhere in empty lands.
This is freedom of a significant sort. Perhaps each tribe had some annoying rules to be followed. But if those rules weren't worth the trouble, any individual, family or sub-groups could split off, ask to join another [more enlightened] tribe, or set up their own little house on the prairie, or in the desert, or in the mountains, or along a river or lake or ocean, or anywhere else.
Consider the difference between then an now. Before the invaders came and forced their self-righteous dominance upon everyone, individuals were free to live in any tribe/group that would accept them, and free to live alone in any size voluntary family, friend or community unit they chose to create.
In other words, individualism, freedom, liberty, choice.
And what do we have today in the americas?
predators-DBA-government
predators-DBA-corporations
predators-DBA-central-banks
We have predators with uncapped egos and unlimited predatory instincts claiming everyone alive is their slave. And this is what they call "the land of the free, and home of the brave". Yeah, right. In fact, the exact opposite.
Whereas the above is obvious, all fictitious entities are hereby officially ignored. Technically speaking, they cannot be dissolved, since they never existed in the first place. Only the predators exist, as they always have, since animals evolved on planet earth.
Henceforth, predators will be recognized as predators, and all fictitious entities will be recognized as what they are... namely, NOTHING. And yes, "nothing" is not some kind, type or brand of something. Nothing is nothing. Nothing is the absence of anything and everything.
All fictitious entities are hereby and forever recognized as zip, zero, nada, the empty set.
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The ultimate ponzi scheme? FICTION sold as fact.