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Originally posted by In nothing we trust
Why would a banker continue to lend money to a nation knowing full well that it could never be payed back?
Originally posted by mel1962
Originally posted by FreiMaurer
Originally posted by mel1962
That's see,
Current Foreign Investment increased from 14.5% in '95 to 25% in '06.
Current US Gov't holdings increased from 33% in '95 to 52% in '06.
In other words, if the debt is forgiven by the US (SS is destroyed) than Foreign holdings sky rocket from 25% to 52% in '06. Hmmm . . . I think we will just print money and screw the world?
Not that there is anything wrong with that!
Buy Gold and Silver now!
I keep saying but no one seems to listen? Gold and Silver are projected to grow less than 1% and negatively grow in value per ounce over the next year.
So ... why buy these they aren't really even considered investments at that point?
Gold and Silver are finite commodities, mining of these minerals have dimished or peaked. Plus the fact they are used in industry and people of China and India can now own. Than add the fact the US government is no longer reporting M3 and the only way to erase the debt is to print money and cheapen it! That makes most commodities great hedges against inflation!
Originally posted by Frimurar
Remember that a hedge against inflation means a hedge against growth that's what inflation is these days, growth (simplistically).
Why would a banker continue to lend money to a nation knowing full well that it could never be payed back?
Originally posted by dariousg
It's just a numbers game and they are already stockpiling what is really of value (gems, gold, silver, etc.) by purchasing it with the 'free' money that they get from the 'governments' of the world.
Evidence of coin debasement
US price levels, 1800–2000
Red line marks leaving silver standard
en.wikipedia.org...
Originally posted by In nothing we trust
Originally posted by dariousg
It's just a numbers game and they are already stockpiling what is really of value (gems, gold, silver, etc.) by purchasing it with the 'free' money that they get from the 'governments' of the world.
And at the same time they have also been gradually reducing the amount of silver and gold content in the coinage, and replacing it with more worthless alloys like nickle, copper, zinc and steel.
They use the interest paid on worthless paper, to buy gold while they tell us that gold is a worthless investment. They accumulate gold over decades so as to not arrouse suspicion, and then once we discover what's been going on, they blow up the twin towers and any incriminating evidence left in building 7 and skip the country, leaving us holding the bag, so to speak.
It's all been a bait and switch scam.
Clever bastards.
Evidence of coin debasement
US price levels, 1800–2000
Red line marks leaving silver standard
en.wikipedia.org...
I guess we the American people own the debt now. Of course, we no longer really have a vested interest in continuing to pay on such a ridiculous debt.
Let's have a fire sale and liquidate any remaining assets that the banks may have left inside the country, in thier mad scramble to leave America.
[edit on 7-3-2007 by In nothing we trust]
Originally posted by The_Investor
I am confused, are you suggesting that the US Government does not reutinely audit its Gold Reserves (not just the Gold held at Fort Knox) because it does.
You can find reports on the matter through the Strategic and Critical Materials.
Also, I'm not sure where you're inventing your notion of how money is created the beginning of this thread simply argues against posted facts of who owns what portions of US debt.
Originally posted by sweftl337
The Europeans will not be too pleased once they discover that they will not be getting back their Gold and instead will be getting bank notes.
... to supervise the issue and retirement of Federal Reserve notes
frwebgate.access.gpo.gov...
An IOU?
So apparently the federal reserve is the one who controls the acutal design of the notes.
The treasury is simply the printing press.
Originally posted by sweftl337
Originally posted by The_Investor
I am confused, are you suggesting that the US Government does not reutinely audit its Gold Reserves (not just the Gold held at Fort Knox) because it does.
You can find reports on the matter through the Strategic and Critical Materials.
Also, I'm not sure where you're inventing your notion of how money is created the beginning of this thread simply argues against posted facts of who owns what portions of US debt.
Do you believe anything they say when we know that they do not even audit the FED, so let's try starting there? Why did they stop publishing M3 last April? No-one can really say how much Gold is left in FN, but it's not near what they claim.
I do not trust them since I KNOW what they are doing by leasing the Europeans Gold and melting it into cheap-melt One would be doing this if they were running out of Gold, or were not willing to SELL anymore of their own physical Gold. You can only do so much with derivitives and paper shorting, so they are looking for Gold elsewhere.
Moral of the story here is not to leave your physical Gold in the bank - take delivery instead. The Europeans will not be too pleased once they discover that they will not be getting back their Gold and instead will be getting bank notes.
[edit on 8-3-2007 by sweftl337]
Originally posted by The_Investor
Originally posted by sweftl337
Originally posted by The_Investor
I am confused, are you suggesting that the US Government does not reutinely audit its Gold Reserves (not just the Gold held at Fort Knox) because it does.
You can find reports on the matter through the Strategic and Critical Materials.
Also, I'm not sure where you're inventing your notion of how money is created the beginning of this thread simply argues against posted facts of who owns what portions of US debt.
Do you believe anything they say when we know that they do not even audit the FED, so let's try starting there? Why did they stop publishing M3 last April? No-one can really say how much Gold is left in FN, but it's not near what they claim.
I do not trust them since I KNOW what they are doing by leasing the Europeans Gold and melting it into cheap-melt One would be doing this if they were running out of Gold, or were not willing to SELL anymore of their own physical Gold. You can only do so much with derivitives and paper shorting, so they are looking for Gold elsewhere.
Moral of the story here is not to leave your physical Gold in the bank - take delivery instead. The Europeans will not be too pleased once they discover that they will not be getting back their Gold and instead will be getting bank notes.
[edit on 8-3-2007 by sweftl337]
Of course they audit the FED it's just not done by the IRS it's probably done by the CBO or GAO.
You have a lot to learn about how Gold is managed and transported...obviously you have some fanciful inventions.
The Federal Reserve Bank of New York maintains an underground vault in Manhattan. Reputedly it is the largest gold repository in the world (though this cannot be confirmed as Swiss Banks do not report their gold stocks). In the US The FRBNY's stocks are larger even than Fort Knox, it is 80 feet (25 m) beneath the street and holds approx 5,000 tonnes of gold bullion ($90 billion worth at 2007 prices). The gold is owned by many foreign nations, central banks and official international organizations. The Federal Reserve Bank does not own the gold but serves as guardian of the precious metal, which it "protects" at no charge as a gesture of good will to other nations.
en.wikipedia.org...
The president of the Federal Reserve Bank of New York serves as a permanent member of the Open Market Committee.
frwebgate.access.gpo.gov...
Originally posted by The_Investor
... the beginning of this thread simply argues against posted facts of who owns what portions of US debt.
To gain their goal of a Central Bank, J.P. Morgan and the other bankers caused a depression in 1907. J.P. Morgan helped finance Rockefeller Standard Oil and was backed by the Rothschild family and financied Andrew Carnegie (Steel), Harriman (Railroads) and one of the members of the board was a longtime member of the Bank of England.
demopedia.democraticunderground.com...
Benjamin Strong Jr. (1872 - October 1928) served as Governor of the Federal Reserve Bank of New York for 14 years until his death. Strong exerted great influence over the policy and actions of the entire Federal Reserve System.
Strong, who was Vice President of Banker’s Trust of NY, was JP Morgan's emissary to the secret Jekyll Island (Georgia) expedition in 1910;
en.wikipedia.org...
Originally posted by The_Investor
In Nuthing you Trust I suggest you learn how the banking systems work, why would the banks want a Central Bank that now regulates and governs their market, and prevents them from having stronger monopolies than in 1907?
Permit me to issue and control the money of a nation, and I care not who makes its laws.
Mayer Amschel Rothschild
www.brainyquote.com...
Mayer Amschel Rothschild, 1790
Those few who can understand the system (check book money and credit) will either be so interested in its profits, or so dependent on it favors, that there will be little opposition from that class, while on the other hand, the great body of people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear it burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.
en.wikiquote.org...
Originally posted by swimmer
Mr. FreiMaurer - I will not call you names, even though you deserve so, after calling people "idiots".
I cannot believe how naive Americans are. So, as FreiMaurer says, Federal Reserve is only 50% privately owned, and that makes it legal? How on Earth can private bankers control the government money? And, can't you see that the other 50% are "civilians" who make, lets say, million dollars a year. So, let's compare...private bankers, making thousands of billions per year are controlled by "civilians" who make...as much as they make. Do you Americans really believe that something like that is possible? Do you really believe that you are protected by "democracy"? I wish I could share your illusions, I really do.
I come from Eastern Europe. This is how it looks to me: China has better schools and roads than US. Europe has better schools, roads, everything than US. Half of the world has better schools than US. US has no industry. US has enormous debt, and US has enormous deficit every year. With ABSOLUTELY NOW POSSIBLE WAY TO PAY ANYTHING off. The only way out? War. Bankers will make big war, destroy Europe (like they did before) and star all over. They will maybe also break US into several smaller countries (something like South America). They will maybe throw a few atomic bombs on US also...to make it believable and to scare people for the future.
It is very simple. Very simple.
So, FreiMaurer, please do not call me names, just repeat your "knowledgeable" explanations...I will not even bother to reply. I just wrote this for the naive readers who trusted you for your "eloquence"...obviously, I was not impressed. Not at all.
p.s. ALL countries owe money. Who do they owe money to? Just asking.
Originally posted by swimmer
Investor, your writing speaks more about you than anything else.
Have a good one.