Forum Post: In a few days, the US debt ceiling will be raised from $15.194 trillion to $16.394 trillion.
Posted 12 years ago on Dec. 27, 2011, 11:50 p.m. EST by Scout
(729)
This content is user submitted and not an official statement
tick tock tick tock ....................
How many trillion dollars do you suppose are sitting right now in the hidden bank accounts of corrupt banks, fraudulent military contractors and abusive corporations? Enough to pay that off a dozen times over, I would guess.
-Nice Post scout- ((( http://www.usdebtclock.org/# ))) ...tick tock tick tock...
VP Biden says he Called Jon Corzine for Advice on whether or not a Bank-Holiday should be Declared (2009)
(((Video))) http://www.youtube.com/watch?v=xm3VMrKqJSA
In June 2009 Bidens words are:
This is no kind of Holiday, you can't get your money out. If you think its bad trying to get it out now? You wouldn't be able to get -Any Of It- during a bank holiday. And when you do get your money, It'll be done like the last time they declared a bank holiday ...they will have Devalued the currency by the time they give it to you.
So remember, a Bank Holiday was already on the table of serious discussion... in 2009!
Which was BEFORE there was a European Crisis.
It was BEFORE the United States was $15+ TRILLION dollars in debt.
This discussion happened BEFORE the Federal Reserve pumped 26 TRILLION dollars... (when you add it all up) ...into the Ponzi scheme to keep it afloat.
This discussion happened BEFORE the MF Global Scandal, BEFORE the CME defaulted on its obligations to the futures markets as the "Guarantor of every transaction that happens in their markets" ...BEFORE U.S. credit downgrades...
::::::::::::If it was -possible- then, how much more -unlikely- is it to happen now?::::::::::::
I hope people listen to your warnings MonetizingDiscontent if they can just drag themselves away from dancing with the stars and the Kardashians just for one moment!
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Yell about it in this event http://occupywallst.org/forum/occupy-new-year-eve-and-day-2012/
Well that should get us through to spring right?
This is why we are here this is why you are needed.
http://occupywallst.org/forum/inside-job-documentary/
Share, circulate, educate, inspire.
Lets not forget one main factor why it rises besides the continued payouts of non-existent monies rising the debt.
The compounding interest alone on the debt is the largest key factor that keeps the clock ticking upwards so fast.
Yeah, I mean the interest on a million is pretty phenomenal. But on Trillions? Unimaginable! Even on the rates a bank would pay to their average savings account would be sickening.
The Corruption train needs to be derailed!
Now !
All of the fake "derivatives" created on money in banks, bets on commodities, loans, derivatives of loan certificates, it is all a scheme. We are set, globally to never get out from under this debt, based on our spending as nation it will be in the quadrillion range soon....by soon in our lifetimes,
All the more reason to share. Spread the word it is easy to understand, and it is easy to copy and paste elsewhere for distribution on the open internet.
This is why we are here this is why you are needed.
http://occupywallst.org/forum/inside-job-documentary/
Share, circulate, educate, inspire.
Open internet for now; but for how long before it is re-vamped into a censored filter system?
Well that would certainly stir-up the hornets nest of communication junkies. All the more reason to take advantage of it while we can.
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Too damn much unfunded bullshit these assholes you voted in to office are passing. It's never going down. Never.
" It's never going down. Never."
well that is certainly the case if people keep voting in these useless jerks from either the Democrat or Republican parties .to tackle this problem you need people who can think outside the box.
Yea, it's called austerity. A sin word to liberals, and a fix that will bring on withdrawal to those who are dependent on the government smack.