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RonnieD

02/15/09 11:49 AM

#1540 RE: pelicaninnc #1539

The Federal Reserve has an unlimited balance sheet. There's really no such thing as money. It's been admitted to be the truth - there is only debt. Debt IS money. That's because the currency is unconstitutional and completely fiat.
So.. as long as the Federal Government can "borrow" this currency from the international, private "Federal Reserve" banks, then there is a limitless supply of possible "injections".. the only possible limit would be the inability of the Federal Government to tax it's citizens, and "pay them back" for the debt which it "cost" them nothing to make manifest.
Even that can be overcome, because it's really not "about" money at all.. it's about the transfer of worldwide real assets to the international banking cartels, and their ability to influence worldwide events by making the fiat currency governments their slaves in all matters.
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Xplosivestocks

02/15/09 12:48 PM

#1542 RE: pelicaninnc #1539

It is real hard for people to accept pain for long term gain.
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chloebware

02/15/09 12:58 PM

#1544 RE: pelicaninnc #1539

Not too crazy... Detroit is now doing just that. Its the people that bought modest houses in their price range that will foot the bill for this mess. You know like these bank's memos about not missing out on the tarp money give away. I just dont know where this is going. Will these dogs get nationalized?..... I guess thats the trillion dollar question. I have a revolving credit line with BOA of about 25 K. They are now calling me 2 weeks before the pay date to see if I mailed the payment. LOL! I just wish I could call them about them paying us back.