Prediction for 2011 if we don't get it right (IMF, FED, and Congressional Responsibility)

[Texas Rebel]

Putting "2 & 2 together:"

 

1.  http://www.businessinsider.com/forget-the-piigs-it-is-time-to-start...

 

2.  http://www.cnn.com/2011/POLITICS/01/02/debt.ceiling/index.html

 

3.  http://english.pravda.ru/business/finance/15-12-2010/116210-france_...

 

If I am reading the tea leaves right (links above + the following observations),

 

1.  Quantitative Easing (QE)-I by the FED was the bailout of the Too Big To Fail (TBTF) banks with TARP funds.

 

2.  QE-II by the FED was the bailout of Treasury Bonds (the FED purchasing US Treasuries for the first time in history - if that makes any sense to anyone).

 

....then, here is my Prediction:

 

1.  House Republicans will implement a debt ceiling ($15 trillion), which the Senate and President will agree to - only after a big charade (Federal Government furloughs, "shutting down the Federal Government," talk about increasing income taxes, etc).    Tea Partiers everywhere will shout victory from the mountaintops.

 

2.  Keynesians don't like debt ceilings, so QE-III by the FED will next involve bailout of individual states (beginning with the CINNers - California, Illinois, New York, and New Jersey).  It is for the sake of police, teachers, and firefighter's pensions they will say.  Doesn't America owe it to these great men and women who have sacrificed so much?

 

3.  Meanwhile, Spain, Italy, and Portugal (little PIIGS) will be bailed out by Europe with Irish-style loans/slavery.  Pakistan will then default on it's IMF loan "out of the blue."  Ireland will follow their lead, and protests will erupt in Spain, Italy, and Portugal.

 

4.  While the world is reeling from this next financial debacle, the US debt ceiling will result in the complete collapse of the dollar.  This is the ONLY outcome that can possibly come about if the FED's hands are tied from blowing bubbles and expanding the monetary supply.  The debt snake will be strangled.  Say farewell to the world's reserve currency!  The Senate and the President will say that it is the Tea Party's fault when the stock market "collapses" (aka - JP Morgan shorting silver and gold, Goldman Sachs shorting the S&P 500, and Deutsche Bank shorting the dollar:  all the banksters making a fortune beyond their wildest dreams).

 

5.  The world's economy will tank into a full fledged depression, and the IMF will seize the day by proclaiming that they have all the answers:  a global currency, and a global central bank controlling worldwide money supply.  

 

6.  Individual country income tax rates will be based upon their annual GDP to pay the interest of the IMF-produced debt (International Reserve Notes).  Some countries will pay more, some less, and some not at all - the ultimate global wealth transfer / redistribution scheme.  Obama will champion this, and when the country is on it's knees, we will be grateful for his decisive action so we can pay for bread on the table with some form of currency that is worth more than a Continental, Confederate Note, or Federal Reserve Note.  Thomas Jefferson, Andrew Jackson, and John F. Kennedy will turn in their graves. Colonel Edward Mandell House will toast to Herbert Hoover in hell.

 

7.  We will live under the UN rules and servitude for the next several decades, if not longer.  Obama will have won 2012, and be remembered as a hero next to FDR.

 

What should America do right now to prevent the International Banksters dreams from being fulfilled?

 

Forget the debt ceiling (for now)!!!  END THE FED first!  The Constitution provides that Congress has not only the authority, but the responsibility to coin money and control the monetary supply.  

 

Authority can always be delegated (the Federal Reserve Act of 1913), but responsibility cannot ever be delegated (the International Reserve Act of 2011 - coming soon).   

 

If we play politics around our children's future, we will lose everything we cherish.  It is time to do what is right, and that is to END THE EFFING FED!!!

 

Global governance does not equate to world peace.  It does not mean anything good in store for America - that's for sure.  It means the rise of all third-world countries everywhere to our long-term detriment.  Not an experiment that I trust to my children's future success.

 

END THE FED!!!  DO IT RIGHT NOW!!~

[Texas Rebel]

I just realized something. You all hear me talking about how the FED is a private corporation, how you should watch the "Secret of Oz" on YouTube, and how ending the FED should be our top priority. Maybe, you don't believe me. Perhaps you think that the Federal Reserve Bank is part of the US Government. Here is some evidence from your day to day life:

1. According to the Constitution (Section 10 - Powers prohibited of States)
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts;

Now, look at the Property Tax Bill that you just received for 2010. Does it have a dollar sign in front of the amount of money that you owe the state in property taxes? No? So, does this mean that you could pay it in any currency? How about in Zimbabwe bills! Why not? The state may not make anything but gold and silver coin a tender in payment of debts! You cannot lawfully pay the state in Federal Reserve Notes (FRNs)!

Does that just apply only one-way? No, it does not! If you receive any payment from the state - in the form of FRN's - be it unemployment, state income tax refunds, state or local government wages for work, etc., then that "payment" (issuance of FRN debt) is unconstitutional. You should demand payment in gold or silver! If they refuse, sue them in the State Supreme Court (just don't cash the check beforehand)! If you receive a bill from the state, and they don't specify the currency (i.e; gold, silver, US Dollars, or etc), then I wonder if you couldn't just pay them with Zimbabwe notes. The exchange rate should be in your favor (for another few months that is). Has this ever been tested?

2. Look at a dollar in your wallet. It says "Federal Reserve Note." It is likely not a "United States Note" issued by the Treasury, because President Nixon did away with these in 1971 when he canceled the Bretton Woods system and stopped the direct convertibility of the United States dollar to gold. If you were to pay debts with United States Notes, then you would be contributing towards the decrease of the National Debt. By either "paying" your debts with Federal Reserve Notes or accepting them as payment, you are not only expanding the National Debt with an IOU that can never be repaid, but you have unwittingly made yourself liable for payment of the interest on that debt through income taxes. That is why the IRS was born shortly after the FED was. You must pay income taxes for the benefit of using FRNs!

End the Fed = Abolish the IRS. It's that easy!


Here's a good first step towards that end, which I feel the Tea Party should embrace with both arms - and a bear hug: http://constitutionaltender.com/