Monday, September 05, 2005

US is Busted, Broke

Borrowing money for jobs...
There is no money in the U.S. Treasury. As I write this column, the congressionally created "national debt" is nearly $8 trillion. Every penny of that $286.5 billion dollar transportation bill will have to be borrowed from the privately owned central bank, deceptively called the "Federal" Reserve. In other words, Congress is spending only debt which creates more debt out of thin air, further enslaving all of us to enrich the bankers beyond imagination.

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