Monday, January 20, 2014 19:11
(Before It\’s News)
China to Purchase the Federal Reserve
January 16, 2014 Leave a comment
The U.S. Government Defaulted in October, 2013.
In essence, China has been slowly buying up the Federal Reserve for some time now. If you can call it a purchase. Its more of a negotiation over assuming the liabilities of both the Federal Reserve and the U.S. Treasury.
Treasury: Debt Has Been Exactly $16,699,396,000,000.00 for 56 Days
cnsnews.com ^ | 7-15-13 | CNS News
Posted on Monday, July 15, 2013 8:50:09 PM by dynachrome
According to the Daily Treasury Statement for July 12, which the U.S. Treasury released this afternoon, the federal debt that is currently subject to a legal limit of $16,699,421,095,673.60 has stood at exactly $16,699,396,000,000.00 for 56 straight days.
That means that for 56 straight days the federal debt has remained approximately $25 million below the legal limit.
By Marilyn Barnewall
Thursday, May 23, 2013
Paul Volcker, Federal Reserve Chairman during the savings and loan crisis, was appointed to head an inquiry regarding the Paul Wolfowitz “affair” See Part I and the lack of a serious investigation by Volcker began an international questioning of honesty of American leadership.
Though most Americans view Volcker positively, his investigation did not address the corruption at the World Bank and as a result Europeans called for an end to the 66-year “Gentlemen’s Agreement” that allowed the US to appoint the President of the World Bank. The only amusing thing about those words is this: When it comes to corruption in government and finance, the only place dirtier than America is Europe.
Had the media reported Karen Hudes’ warnings to Congress and the Treasury Department about corruption at the World Bank, America could have avoided the resultant tarnish to its international reputation.The World Bank stands—much like a traffic cop—at numerous world intersections directing traffic—money traffic. It has 188 member nations and shares with the International Monetary Fund IMF a Board of Governors.
Was Kennedy assasinated because he wanted to end the Federal Reserve? – Federal Reserve Exposed on Real Time Bill Maher… ““The high office of the President has been used to foment a plot to destroy the American’s freedom and before I leave office, I must inform the citizens of this plight.” — President John Fitzgerald Kennedy – In a speech made to Columbia University on Nov. 12, 1963, ten days before his assassination!” // Current TV
“The high office of the President has been used to foment a plot to destroy the American’s freedom and before I leave office, I must inform the citizens of this plight.” — President John Fitzgerald Kennedy – In a speech made to Columbia University on Nov. 12, 1963, ten days before his assassination!
From The Final Call, Vol15, No.6, on January 17, 1996 (USA)
On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve.
Mr. Kennedy‘s order gave the Treasury the power “to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury.” This meant that for every ounce of silver in the U.S. Treasury‘s vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous.
By Al Benson Jr.
Dr. Paul Craig Roberts was the former head of policy at the Department of Treasury and was previously the editor of the Wall Street Journal. His latest book is How the Economy Was Lost. Over the years I have read his columns and always found him to be insightful and thought provoking.
Just this week he did a column called Agenda Prevails Over Truth and boy was he right on the money there. The article appeared on http://www.prisonplanet.com For the leftist lap dogs that prevail in what we call the “news” media agenda is everything. Truth is what fits the agenda and if it doesn’t fit the agenda it’s not truth. It’s as simple as that.
Freshman Sen. Rand Paul is making good on his promise to cut federal spending. The Kentucky Republican and tea-party favorite said Thursday he’s returning $500,000 to the U.S. Treasury — money from his operating budget that his office never spent.“I ran to stop the reckless spending. And I ran to end the damaging process of elected officials acting as errand boys, competing to see who could bring back the biggest check and the most amount of pork,” Paul said at a news conference in Louisville, where he presented taxpayers with a massive mock check for $500,000.