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October 30th, 2010 at 2:40 pm
Neither, apparently, is Google Reader…
October 30th, 2010 at 2:46 pm
d’oh
October 30th, 2010 at 4:52 pm
Bigger Ponzi scheme that Bernie ever thought up.
Would have been lots of cash in the “lockbox”, if Congress hadn’t used it as their personel slop trough.
Now just a bunch of IOU’s, that have less worth than the IUO’s China is holding. Who do you think gets paid first? Our citizens? Or China?
Big land swap out West coming to your neck of the woods soon. Just kidding I hope!
October 31st, 2010 at 12:27 am
Heard that the Federal Reserve Bank is going to buy 80-100 BILLION dollars of U.S. Treasury Notes every month and treat them the same as the Gold in Ft.Knox. Then it will guarantee those notes if anyone is foolish enough to buy them. “Welcome to the Weimar Republic, have you brought enough wheelbarrows?”
October 31st, 2010 at 11:31 am
Bubblehead Les,
Good comment because the Federal Reserve is neither. It’s the name they’ve given the private, offshore banking cartel:
“The Central Bank is an institution of the most
deadly hostility existing against the principles and form of our Constitution…if the American people allow private banks to control the issuance of their
currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.” –Thomas Jefferson
History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over
governments by controlling money and its issuance. –James Madison
“Whoever controls the volume of money in any country is absolute master of all industry and commerce.”
–James A. Garfield, President 1881-1881 (assassinated)
Woodrow Wilson signed the 1913 Federal Reserve Act. A
few years later he wrote: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”
October 31st, 2010 at 12:58 pm
And Social Security is flush with cash compared to Medicare.
Note to self: Don’t retire and try not to get sick.
November 1st, 2010 at 11:38 pm
SS is flush compared to the rest of our federal govt, period. It will, by the end of the decade only be taking in about 88 cents on the dollar it pays out.
The rest of the govt takes in about 65 cents on the dollar now.
Far as I can tell this is only cause for alarm when the guy in the Oval Office has a “D” next to his name.