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Why would a privately owned banking institution ...

why would a privately owned banking institution, such as the Federal Reserve Bank continue to loan money to it's largest debtor, the US government when the amount of debt has obviously become unpayable?

1.  There is nothing of any value backing the Federal Reserve Notes that we use as currency.   The money is printed up as the government needs it, with the actual value of the currency being the value of the paper that its printed on.  The value of every Federal Reserve Note is perceived value, nothing of actual value such as gold.  Then they lend this newly created cash to the government and charge them interest on it.  With almost no expense in producing currency, they get astronomical returns, mainly from the taxes that the IRS collects from us.  If we ran the same type of operation, you and I would be imprisoned for counterfeiting. 

2.  Since there is no expense to the banksters to create and lend money, they can do it at will.  If the government continues to borrow money from the Fed, eventually they will reach a point that the debt is too great to pay.  We are past this point.  Yet, the Fed is persistent to keep lending.  Why?  Well, they now have a new tool.  A new bank called the World Conservation Bank.  This bank has the same ability as the Fed to create money at will, give it to a country to pay a loan in default to it's central bank in exchange for that country's wilderness areas, federal lands, national parks, and natural resources.   This is so the banksters behind the world's central banks can gain control over vast land areas of the world that will be off-limits to the non-governmental individuals in the future.

Sound harmless, crazy, or (why should I care)?   These people behind the central banks have planned for hundreds of years to dominate the world.  Now through globalization, the debt that almost all countries have racked up, and the control that the banksters have over governments through the CFR and the RIAA, they are now at the point where it is possible.


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Q...why would a privately owned banking institution, such as the Federal Reserve Bank continue to loan money to it's largest debtor, the US government when the amount of debt has obviously become unpayable?

A...because that is why the Fed was established.

Posted 2009-04-19T01:36:50Z
jimwes was invited by Yedda to answer this question.

 
46 helpful answers

"The only thing necessary for the triumph of evil is for good to do nothing" Edmund Burke

"I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them" Thomas Jefferson

don't be a lemming.....educate yourself and make informed decisions....

Soros is getting closer to his dream, to collapse our monetary system, to devalue our dollar. Our government has one constitutional duty..PROTECT US!!!! Thats all, the states are suppose to do the rest and people need to take care of themselves and thier families.

We are heading for a revolution that will make the first one look calm.

Posted 2009-04-19T13:59:34Z
trisha was invited by Yedda to answer this question.

 
20 helpful answers

short and to the point - good answer!

Posted 2009-04-20T06:38:59Z
 
20 helpful answers

very true, but you have to include Rockefeller as one of the top elitists with Soros.

Posted 2009-04-20T06:41:56Z

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