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US Treasury slips into the red announcing $13 trillion debt

Published: 04 June, 2010, 13:14
Edited: 06 June, 2010, 23:55


The US government has poured $10 trillion into Wall Street in various forms of loans and purchases. So actually the public debt is quite small compared to what the US did to Wall Street, author Les Leopold told RT.

 
5 COMMENTS
Count Cash June 04, 2010, 19:58 quote
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Of course sovereingty is being undermined and removed, that is the whole purpose. The end game is global control through debt, that is why any attempt to reduce debt, through growth or inflation is avoided. The whole system is aimed at putting nations and people in debt to be controlled. There are two yokes planned; tax to the local administration (what you used to call countries) to maintain the ruling class, control the population and make sure that the populations lives are at subsistence level until they take credit. Then interest to be paid to the financial kings who control the world. That is the scheme that is being aimed for, you pay tax to be controlled, then you pay your interest levy to the financial kings. Now this all starts out as a financial game, to make money and recurring revenue, and some just play it for that. However, others don't, and will of course use the power and wealth to move onto political self decided goals, supported by their global wealth power. Then the game is lost forever for this world, all the checks and balances have gone, people are just tax and interest slaves But it is even worse than that, because volatility enters our everyday lives. Volaitility is a deliberate injection into finance markets, the market makers put it there, it is apart of the operation. We all know the coffee swilling, chain smoking adrenalin junky trader. They need volatility to live on, they need it for the markets. Now what happens when you let the money market expand from an exchange to the whole finance underpining the world. Then now you live your life as the coffe swilling addict. Your job, your education, your health service can all be gone tomorrow. People want stability not volatility. But markets want volatility to make cash So not only do people lose their countries, they lose any notion of stability. You now live as a index on the exchange, sometimes up, sometimes down, your families lifestyle changing in an instant in high speed trades.

Awake June 04, 2010, 20:19 quote
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Yes there's a global battle taking place. It's been taking place a little bit at a time for a very long time. How else could they control the worlds population? It's also called the boiling frog syndrome. Unfortunately for the powers that be, the human race is beginning to awaken to the great lie. The bankers have no boarders, no allies except money, greed, drugs and power. The good news is, it's all an illusion. We the people hold the keys to their power and we can remove it at any time. It's time to remove the psychopaths from power. Money and greed really do go hand-in-hand and it really is the root of all evil. Take a good, hard look at what greed is doing to this planet and those who inhabit it. Learn from it so we do not repeat our mistakes...

Jim June 05, 2010, 02:52 quote
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There is no single 'hidden power' controlling world events, but there are two unifying factors driving the course of world events - power and greed. The mechanism behind power and greed is of course money - especially the control of money. It is unfortunate that the vast majority of people can not, or are unwilling to, see the big picture. Millions of people are too concerned with the process of simply surviveing and putting food in thier mouths - these people are perhaps the biggest victims. Millions more people have been distracted and missled by the glitter and trinkets of consumerism, becoming 'willing' victims. Millions more simply don't care about the big issues - they are more concerned about trivia such as who wins the world cup to take an interest in geo-political issues. Those who are left, traditionally called the inteligentsia, are fed a cocktail of lies and missinformaton through the media - intended to confuse / mislead / distract - and ultimatly control them. Finally, those few who do see the big picture, and are brave enough to attempt to facilitate change, are at best marginalised (called activists, terrorists, conspiracy theorists etc), or at worst imprisoned, maybe even 'going missing'. So yes, the 'people' do hold the key, however few will ever realise that let alone get the opportunity to turn the lock.

joseph walker June 06, 2010, 12:23 quote
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It all paper money,the consequences is only felt by the millions of humans who are manipuliated by the few and priveleged in society.Its govermets are just hollow empty shells of humans who are subservient to the rich and powerful These rich and powerful control its media and broadcasting.and its minions then bombarded they subjects with irrelevant garbage.Hence you have the walking dead.Prime examples take a look at English and American society.these walking dead are totally ignorant.Ask them an intelligent question ,and you will get a response of one walking in a zombie like state of mind.A vague and blank look of bewilderment,intelligent questions dont register in the brain dead.ASk the same person on a celeberity,they light up they full of admiration. and know everything.Well they got the priorities right.An ignorant society.

Vladimir June 06, 2010, 14:39 quote
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The Jewish bankers will eventually enslave all human beings on Earth. That is what it is all about. They do nothing but the same the mafia bosses do, omly at a much lower level. All tyrants throughout history used doing exactly the same: They have been living from taxes that the masses pay. Who will control US is a key issue now in a battle that is about who will control the whole world. My opinion is that either US is going to be controlled by Jew bankers, or it is going to be dismantled into 52 peaces. Grim are the chances for the US to survive. A new axes, Germany-Russia (supported by China?), might be that backbone that could stop the "globalists".

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