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AMERICA THE FREE HAS BECOME AMERICA THE FEE |
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Written by PT Rothschild
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Friday, 11 December 2009 11:35 |
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LOCAL TAX REVOLT PROTEST PLANNED FOR APRIL 15TH Temecula, CA – In 1787, shortly after the members of the Constitutional Convention had completed their secret work in Philadelphia, a woman came up to Benjamin Franklin on the street near Federal Hall and asked him, “What have you made for us in there, Dr. Franklin?” His answer was, “A Republic, Madam, if you can keep it.” Well, looking back today on the State of the Union, you can see that we, as a collective group of citizens, one hundred and twenty-six years later, lost that Republic. Only some individual states, like the State of California, and a few of the others remain republics, at least in name. America the ‘free’ became America the ‘fee’. Woodrow Wilson, the President at the time with the big handlebar mustache, mortgaged every future generation into financial slavery by authorizing a privately held company of bankers to ‘lend’ America every dollar they were to use as currency in general circulation. This privately owned company was named the Federal Reserve Board and this loan was to be paid back to them through a tax that was never ratified through statues never put into law. That didn’t stop the politicians from imposing their will to fleece the general public and live off the money collected like Royalty. Like sending fellow young Americans off to die in a foreign land after the falsified ‘Gulf of Tonkin’ affair became the Vietnam War or the ‘cooked intel’ used for sending troops to die in Iraq for the oil there, the ‘government’ was only to happy to live off the profits, blood, and hard sweat of the American worker. This yearly fleecing became the ‘federal’ income tax, and ‘they’ even set up an illegal administrative body to make sure you paid your yearly ‘ticket to ride’ called the I.R.S. Now all the money in circulation is loaned money. However, one group of young local patriots is willing to stand up to this yearly tradition of financial segregation, that is the separating of you from your money, by staging a protest at the corner of Ynez and Winchester, by the newly revamped Promenade Mall fountain area, at 5PM on April 15th, and they urge everyone who feels the same way about loving our country but hating the government’s manipulation of the market and tried of supporting corrupt politicians, unwinnable wars that cost thousands of young American lives, and multi-billion dollar bailouts to inept corporate executives at you and your families expense, to come out and join them. MSN explains it this way: ‘Most of the lending, by far the biggest pile of cash, has come from the Fed(eral Reserve Board). Created in 1913 after a series of devastating financial panics, the central bank was designed as the lender of last resort. Since the crisis began, the Fed(eral Reserve Board) has lent with a vengeance. But for each of the Federal Reserve notes (aka ‘paper’ dollars) it has handed out, the Fed(eral Reserve Board) has taken back some form of collateral, usually a relatively high-quality bond—on which it collects interest. That is, after all, what the Fed(eral Reserve Board) has done for the past 95 years. For most of that period, the Fed(eral Reserve Board) stuck to swapping cash for the safest debt securities — U.S. Treasury notes, bills and bonds. When the financial panic hit in September, lending all but dried up as panicked investors and bankers hoarded cash. The Fed(eral Reserve Board) responded by widening the type of securities it was willing to accept as collateral and began spraying money at the economy like a fire brigade trying to contain a five-alarm inferno. The Fed’s use of that lending power has been prolific. When the crisis began in September, the Fed’s balance sheet — the accounting of how much it holds in investments against its cash loans outstanding — stood at about $940 billion. By year-end, that number had swelled to $2.3 trillion, fueled by an alphabet soup of “lending facilities” created at a pace and scope never imagined. Seizing on an obscure clause, Section 13.3 in the ‘law’ that created the Fed, the central bank invoked virtually unlimited powers to expand its lending to “any individual, partnership, or corporation” when confronted with “unusual and exigent circumstances.” For all its largesse, the Fed expects to get most of its money back when the economy and financial system recover. Bernanke told Congress last month that some 95 percent of its loans are back by the safest, top-quality debt paper. The other 5 percent includes some risky assets put up by the now-defunct Bear Stearns and taxpayer-rescued American International Group Inc. (AIG). But even those loans will eventually pay back some of the Fed’s investment. The Fed may even come out ahead when the crisis is over and it reverses all these loans, swapping the bonds it's holding back into cash. Though the central bank has pushed the short-term interest rates banks charge each other to near zero, the Fed doesn’t lend money for free. The interest it collects on the trillions of dollars it lends pays the Fed’s operating expenses. Any surplus goes to the Treasury to help pay for general government spending (yeah, right). So a true accounting of the financial bailout should add back the return on the Fed’s investment. This, too, changes from one week to the next. The biggest impact of the bailout — the size of the federal debt — may be easier account for. When the recession officially began in December 2007, the total public debt outstanding stood at $9.149 trillion. As of April 1, 2009, the figure had risen to $11.110 trillion. The difference comes to $1.961 trillion. Remember, be there or stay broke! |
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Last Updated on Friday, 11 December 2009 11:41 |
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Marijuana: “Leave no turn unstoned” – Uncle Floyd |
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Written by PT Rothschild
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Tuesday, 08 December 2009 10:42 |
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THE REAL McDEAL, DONALD
Temecula, CA – I’ve written plenty about the bullshit prohibition of marijuana/hemp/cannabis. I’ve covered and explained the lies, given you, Dear Reader, the sites where you could go and check my facts for yourself. I’ve pointed the way for you to explore the doctors’ studies the feds can’t seem to find. (Iowa joke: what do you call three bureaucrats standing in a circle? A dope ring!). But my readers are an intelligent lot. They don’t just want the facts or opinions, they also want some soundbytes.
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Last Updated on Thursday, 10 December 2009 17:27 |
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Written by PT Rothschild
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Sunday, 29 November 2009 12:57 |
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THE ELECTRIC SCENE HERE IS A CLOSED CIRCUIT
Temecula, CA – This story is dedicated to Candice who recently moved back to being a Georgia peach. She once introduced me to some young friends as, “This is Mr. Pete, he makes all us ‘scene kids’ look cool to the outside (Temecula Valley) world.” That is not as hard as it would seem because of the ‘Naked City’ syndrome in the scene. You see, Sports Fans, back in the day there was a TV show called the Naked City that ended each show with the tagline, “There are 8 Million stories in the ‘naked city’ (NYC), you have just seen one of them.” Well, there aren’t 8 million stories in this fully clothed area, but the people I know in the scene around here have interesting stories themselves worthy of any TV show, and these stories are real. Here’s one of them for your perusal.
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Last Updated on Sunday, 29 November 2009 13:07 |
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IS THE VACCINE NEEDLE ‘THE MARK OF THE BEAST’? |
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Written by PT Rothschild
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Saturday, 28 November 2009 20:03 |
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AN INTERESTING POINT TO PONDER UPON
Temecula, CA – After watching the preceding RFK, Jr. autism videos several times, I began to wonder about the depth of the vaccine deception, the ‘love of money is the root of all Evil’ thing, and the Bible. I also watched some of the peripheral videos on the same general subject and started to think about the ‘mark of the beast’ mentioned in Revelation. Please also bear in mind that this is strictly an opinion. As a little ‘back story’ I decided to cross reference the word ‘mark’ from 'the mark of Cain' story because that is the only other ‘mark’ that seems unknown to discovery.
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Last Updated on Sunday, 29 November 2009 13:09 |
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