Posts Tagged ‘debt’

This amazing sermon given in Sept 2003 by Pastor Rod Parsley at Breakthrough Church in Columbus Ohio details the story of how Paul Warburg, John D. Rockefeller, and J.P. Morgan met with Senator Aldridge at a conference in Jekyll Island to create the Federal Reserve Banking System in America circa 1913.

Most people hear about the “national debt” but few ask what it means or who we owe.

Paul Grignon’s 47-minute animated presentation of “Money as Debt” tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its “Duncan Initiative” received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States.

The total money scam. The government can only tax it’s people so much. So whatever extra money they want, they get the FED to print or create out of thin air. This devalues the dollars you hold in your hand, thus is the inflation tax. RON PAUL IS THE ONLY person in Washington that would guarantee an end to this. This is THE ISSUE OF OUR DAY and our nation hangs in the balance of a MAJOR financial meltdown. The money changers of our day are running short on tricks and we need a return to sound money.


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They’ve been saying that the invasion of Iraq will cost us billions.


The $2 Trillion Nightmare
Published: March 4, 2008

The witnesses included the Nobel Prize-winning economist, Joseph Stiglitz (who believes the overall costs of the war — not just the cost to taxpayers — will reach $3 trillion), and Robert Hormats, vice chairman of Goldman Sachs International.

Both men talked about large opportunities lost because of the money poured into the war. “For a fraction of the cost of this war,” said Mr. Stiglitz, “we could have put Social Security on a sound footing for the next half-century or more.”

Mr. Hormats mentioned Social Security and Medicare, saying that both could have been put “on a more sustainable basis.” And he cited the committee’s own calculations from last fall that showed that the money spent on the war each day is enough to enroll an additional 58,000 children in Head Start for a year, or make a year of college affordable for 160,000 low-income students through Pell Grants, or pay the annual salaries of nearly 11,000 additional border patrol agents or 14,000 more police officers.

What we’re getting instead is the stuff of nightmares.

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