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US to get approximately $17.2T debt limit Friday
ABC News ^ | February 7, 2014 | ANDREW TAYLOR Associated Press

Posted on 02/07/2014 11:13:26 AM PST by mdittmar

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To: mdittmar

It’s a madhouse! A madhouse....


21 posted on 02/07/2014 1:36:08 PM PST by Buffalo Bob
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To: mdittmar

That’s how the loan shark keeps his victims paying. He makes sure he keeps the amount owed and interest rate high enough so his victim is stuck paying him weekly after every paycheck. Forever.

If he lent only a small amount at a reasonable rate, the victim could pay off the loan.

Our highjacked government, on the other hand, as a sovereign nation, can create any amount of its own money.

So the loansharks in our government’s case, international banking, need to keep the government from doing that. If the government starts creating its own money - it will not need to borrow any of its own money from anyone.

Thus we have the scare tactic about fiat paper money being “worthless”.

Also - we see the enormous and constant pressure by financial elites to keep the government spending far beyond its tax revenues. This is to ensure that the government has a need to borrow. That’s the real reason there is constant pressure from the elites minions to have a “nanny state” and, on the conservative side, to have constant and enormous national security challenges.

It’s just the elites dreaming up things to spend government money on. As long as the government spending is shooting up, the financial elites are firmly in control of all branches of government.


22 posted on 02/07/2014 1:46:30 PM PST by PieterCasparzen (We have to fix things ourselves)
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To: mdittmar

There’s actually more REALITY to the Roadrunner-Wylie E. Coyote cartoons than there is to these clowns in Washington running their scam on the American tax payers


23 posted on 02/07/2014 9:26:12 PM PST by VideoDoctor
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