only 700 billion,think agin, try 7 trillion

[lehomonuka]

I found this tonight after the traitors voted
www.topsecretmoneylab.com/did-they-tell-you-that-the-700-billion-bailout-is-really-7-trillon.html

:yikes:

[Sol Invictus]

Ahhh it gets worse than that I am afraid.

Now, this $700 Billion is the maximum permissable debt at any one time. If they are at $700 billion and they shift a few billion, they can then take on more debt up to that figure.

Why is this so bad? because there is no oversight as to who the money goes to, or what is actually used as collateral against said debt. Once this goes through, not congress or the senate will have a say on who gets money from this pot.... This is on top of the ONE TRILLION DOLLARS missing from the Pentagon. $1 TRILLION is missing. Add another 4700 billion and some one is making some serious black project kit to need al this money.


Oh and did you know that the US federal gov. have just put up nearly a third of all national parks as collateral? I fell off my chair when i heard that on the radio.

Your national parks are now held as debt markers to saudis and Chinese. You fail, they get to own all that land to do with what they want. The saudis and chinese...think about that for a minute.

[EYES WIDE OPEN]

WHERE DID YOU HERE THIS BIT ABOUT THE PARKS? can you link please. :)

[Sol Invictus]

When James Baker made his keynote speech in 1987, he stated that, “No longer will the World Bank carry this debt unsecured. The only assets we have to collateralize are federal lands and national parks.” Baker’s definition of federal lands includes Heritage sites, of which there are about 20 in the United States.

http://www.libertygunrights.com/Our%20Land-Collateral.html

Its been in the law for a long, long time. This loan just made it 1000% worse - now any one who needed collateral has it - in the form of land.

[EYES WIDE OPEN]

Thanks. Yes, I saw that but thats not current. What radio show did you here this on?

[Sol Invictus]

BBC world radio.

... and I checked and that law is still current and has not been recinded or deleted. Land is collateral.