US Debt is a National Emergency

>On Thursday will introduce companion resolutions declaring the national debt a threat to the country's national security.
thehill.com/homenews/house/431617-republicans-to-introduce-house-senate-resolutions-declaring-debt-a-national

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Other urls found in this thread:

treasurydirect.gov/govt/reports/ir/ir_expense.htm
cnbc.com/2019/02/26/fed-chief-powell-on-mounting-us-deficit-it-would-be-a-very-big-deal-to-not-pay-our-bills-when-due.html
youtube.com/watch?v=Oe0fGXzKb1o
twitter.com/search?q=national debt&src=tyah
finance.yahoo.com/news/us-debt-unsustainable-path-192804468.html
qz.com/1560414/fed-chairman-jerome-powell-speaks-out-about-mounting-federal-debt/
linkedin.com/pulse/birth-certificates-federal-bank-notes-dr-paul-pharms-phd
trib.com/opinion/columns/purcell-donations-to-pay-down-us-debt-pointless/article_5603ca47-b470-5c8e-bfcf-2a8e4d4c7e52.html
twitter.com/NSFWRedditImage

Americans paid $523 Billion on Interest on the Debt in 2018. This is ~$1.43 Billion/day just for the interest alone, no principal. The Federal Reserve is the single largest holder of US Public Debt. Imagine what we could do if we abolished the Fed and issued our own currency.

Source: Treasury Direct
treasurydirect.gov/govt/reports/ir/ir_expense.htm

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It's not possible to honor the debt.

somebody is gonna have to pay for those tax cuts

>inb4 shit thread 404’s
kys faggot

audit the fed?

>Rep. Biggs: “If we do not change our course, we will be responsible for one of the worse catastrophes this nation has ever experienced: the crash of the American economy and the demise of a superpower.

They're right, you know.

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$192 Billion paid on interest for the debt so far in 2019

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gee who could have saw that coming

confidence in the treasury is at all time high

Renationalize the Fed I’m down

This is not a Democrat vs Republican issue.

It’s an us the American people (the people of the world too) vs. greedy Jewish bankers that live in nice houses issue

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I wonder what that means for the whole Venezuela situation.

will checkout USU.uncut
saved

That actually sounds pretty good. Would love to see those politicians faces when the countries they've been sucking off and giving foreign aid to don't even give the us the time of day when we crash. Lmao

maybe you shouldn't spend so much money for your greatest allyand

>$38 billion to Yisrael no questions asked
BUT WE CARE ABOUT DEBT GOYIM

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it's gone they only have funding for so long.
there'll be a new one in a couple years and it'll likely be worse. I've seen 4 in the last 15 years and every time they find more free stuff for the rich

>This is not a Democrat vs Republican issue.
I fully agree
divide and distract while the Fed robs us blind

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Intragovernmental debt as of Dec 2018 was $5.9 Trillion (monies we borrow from Social security and medicaid trusts, but the government owes itself)

Public debt ($16 Trillion). The people owe this.
Breakdown of public debt:

>Foreign - $6.2 trillion. In June 2018, China owned $1.18 trillion of U.S. debt and Japan owned $1.03 trillion. That's more than one-third of foreign holdings.
>Federal Reserve - $2.46 trillion.
>Mutual funds - $1.8 trillion.
>State and local government, including their pension funds - $984 billion.
>Private pension funds - $600 billion.
>Banks - $674 billion.
>Insurance companies - $226 billion.
>U.S. savings bonds - $158 billion.
>Other holders such as individuals, government-sponsored enterprises, brokers and dealers, bank personal trusts and estates, corporate and non-corporate businesses, and other investors - $2.4 trillion.
(Federal Reserve is the single largest holder of our debt)

Bump this thread it’s getting slid

debt threads always get slid

But who will pay for corporate welfare? :^)

>My based principle conservative idol Reagan

Haha I didn’t accumulate that shit nigga. That aint my debt hahahaha

if you have a birth certificate with your name on it that debt is yours, it's how the government secures loans from the federal reserve

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cnbc.com/2019/02/26/fed-chief-powell-on-mounting-us-deficit-it-would-be-a-very-big-deal-to-not-pay-our-bills-when-due.html
>"It's beyond even consideration. The idea that the U.S. would not honor all of its obligations and pay them when due is something that can't even be considered," the central bank leader said Tuesday in response to a question from Sen. Jon Tester, D-Mont.

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Everyone, take the time to watch this very simple video on the topic of the federal reserve, it's worth it:
>Federal Reserve explained
youtube.com/watch?v=Oe0fGXzKb1o

twitter.com/search?q=national debt&src=tyah

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That’s just a piece of paper. We’re America, we can just tell the bankers to fuck off.

Being invaded not an emergency.
Fed Reserve printing presses overheating, emergency.

>That’s just a piece of paper.
so is the constitution but you believe in it don't you?
>We’re America
Since 1913 you are the corporation called THE UNITED STATES OF AMERICA
>we can just tell the bankers to fuck off.
no one has done anything about it in over a century

Imagine the white hats in our military forcefully putting a stop to usurers like the Fed in the name of national security. I am so hard right now.

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finance.yahoo.com/news/us-debt-unsustainable-path-192804468.html

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every person in a central banking meme economy has their birth certificates traded for loans, then those certificates become treasury bonds that are sold to the private investors. After that income tax is collected and pays off just the interest on the loan and never the principle amount.
That's how a central banking meme """works"""

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The leaf gets it.

We need to do a hell of a lot more than tell them to fuck off...
We need this

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The constitution is the written word of what we believe. We don’t believe in paying back kikes’ ill gotten gangs so yeah I think we will just tell them to go fist themselves.

They’ll be lucky if they even get away with their lives. Once the people find out who their enemy is I think most of us will be thinking like this guy

the funny part about all of this is the founding fathers gave you guys a way out, whoever is the sitting president can create a new currency and have the National Treasury issue it just like Lincoln did with the greenback and ultimately he was assassinated. I do believe there are patriots in the system who want to change all of this and I still hold onto hope for that change to happen soon

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qz.com/1560414/fed-chairman-jerome-powell-speaks-out-about-mounting-federal-debt/
>Powell had some words for that line of thought, too. “The idea that deficits don’t matter for countries that can borrow in their own currency I think is just wrong,” he said. Instead, politicians should be looking to “spend less or raise more revenue.”
Why is QE only used to help the banks?

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Gains*

Henry Ford realized after becoming a high level freemason what the central banking meme was all about which is why he said that if people learned what it's truly about that by the next day everyone would go berserk

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>Why is QE only used to help the banks?
because the banks are owned by the same families who are the private investors of the federal reserve, it's one big mafia and we're not in it

>economic down curve
lol
good video

it was a rhetorical question, but good answer

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You're exactly right, my fren.

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> Powell said, adding he thinks it is up to politicians to work out how to tackle an increasingly heavy debt burden—and not the central bank. “To the extent that people are talking about using the Fed—our role is not to provide support for particular policies,” he said. “Decisions about spending, and controlling spending and paying for it, are really for you.”
What a joke.

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The constitution gets ignored all the time. First amendment, second amendment, and 4th amendment regularly. So yes, it is just a piece of paper that isn't respected anymore.

It’s called bitcoin

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>whoever is the sitting president can create a new currency and have the National Treasury issue it
Start issuing US Notes and recycle fed res notes out of circulation
pic related: A $Trillion worth of worthless MBS held by the Fed, that they 'bought up' from their failed member banks and now want to repackage and sell to the public (aka unwinding their balance sheet)

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The national debt is inevitably fucked mainly because neither party wants to be the one to address the elephant in the room which is Social Security, state pensions and Medicaid.

Were 10 years away from multiple states going bankrupt due to unfunded liabilities.
Enjoy the shitshow

blockchain takes too long for ordinary transactions

yes, all because the government sold the citizens to the banks over a century ago and everyone became a franchise to be borrowed against. Even the 16th amendment which has to do with income tax was never ratified by government, the supreme court cannot ratify the constitution but it did anyways and no one complained then.

Bitcoin is no longer the same bitcoin since LN and blockstream took over. Get this through your head, bitcoin has been compromised.

Shut the fuck up Craig. No one believes you’re Satoshi.

The same MFers who are literally to blame for this problem are now claiming it as a national security threat. What happens now? I'm just waiting to see how this will affect the average Joe.

Hitler tried that already.

Creating a new currency would completely bypass the federal reserve note system and impoverish the poor trillionaire families that would have to hold onto those toxic liabilities because the government wouldn't have to buy them back for more loans.

How the fuck is the debt real nigga? Just end the fed and gas the kikes

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>Social Security pensions, and Medicaid
these are already funded, but we borrow from the trusts, it is like an IOU to ourselves. We issue the currency when we need to pay these out.
It is $16T in Public debt that we are responsible for. If we abolish the fed and nationalize the banks, this can be decreased by at least another $3T.

The debt was increasing. Those taxes weren’t paying it down at all. So they are in exactly the same position re: debt.

Sheeeit

I bet no one will propose the rich contribute anything.
people looking everywhere for excuses or options that won't hurt the people that got you here

>everyone became a franchise to be borrowed against.
true, I believe the average 'contribution by each citizen' over their lifetime to be ~$700,000

the government gives 10x as much welfare to the richest but cuts to the poor is the only solution

nice digits
that's right, I've seen the figure go up to $1.5 million depending on the source but nevertheless that's the combined value of all the taxes that citizen would pay in a lifetime, that's why this system is no different than indentured servitude but we're born into it the moment our birth certificates are signed

bump

how bout a 95% tax on the 1% until the debt is paid. the rich probably won't want so much welfare after that

If you owe the bank 1,000 you have a problem. If you owe the bank 1 trillion, the bank has a problem.

they'll just move out of the country and stay in china to avoid paying the taxes.
getting rid of corporate welfare save the most money instantly

will* save

The only pieces of paper that matter are contracts backed by threats of violence. The constitution is no longer such a contract.

bump to end kikery.

let em move. they are the people that made the debt shitty jobs problem they complain about

Republicans sure don’t seem to mind spending when they’re the ones doing it.

linkedin.com/pulse/birth-certificates-federal-bank-notes-dr-paul-pharms-phd
>If indeed 317 million US citizens are worth an average of $700,000 in collateral for the US debt, that would mean the US is worth roughly 222 Trillion dollars.

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Better idea
>Can the federal reserve
>issue jubilee on all debt
>currency is issued exclusively by treasury backed by labor
>charge all bankers with crimes against humanity
>sell tickets to public execution splash zones cost extra

going deeper into that topic the constitution only protects the people in the city state of Washington DC, everyone outside of it is considered an enemy combatant which is why income tax is allowed, as was the collection of personal gold and current day civil forfeiture by police.

>eliminate government funded programming

We went 21 trillion dollars in debt to get an excuse to get rid of NPR? Lmao.

The US is like a bag of cocaine. They won't stop until its gone

I'd love to see the president deputize the citizens and give them a list of people's heads they can hand in for a bonus payout

>how bout a 95% tax on the 1% until the debt is paid.
checked
we can call the program "from Rothschilds to Reparations"-they made much of their money from the slave trade, why not? They just helped Goldman Sachs rob malaysia of their sovereign wealth fund.

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Kek, sorry your bags aren't gonna make you rich goy

If we did that we'd get Germany'd so fucking fast.

the republicans tell you that social security is a problem with a straight face. why would you believe anything else they say

This is the best possible outcome. To literally pull the rug out from underneath the average American, to pull them out of their comfort and show them how meaningless being an American truly is. It would be a bloodbath for the ages.

>thinking they won't still have full control of all currency and usher in the next form.

So did JFK if im not mistaken

when you Americans stand up and take out your banking meme system I'll cross the border and help you guys out

Now, now
kek
>Since 1961, the Bureau of the Public Debt has allowed Americans to “gift” money to the Treasury Department—on the condition that the money be used only to pay down the debt.
trib.com/opinion/columns/purcell-donations-to-pay-down-us-debt-pointless/article_5603ca47-b470-5c8e-bfcf-2a8e4d4c7e52.html
wtf like we are going to donate money to the treasury

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There is nothing as important as giving billions to Israel and paying back the debt to those whom created Israel,

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Have you looked into propertarianism?

One thing i don’t understand.

Why is everyone is okay having Federal Reserve to control everything and no presidents or politicians have a balls to abolish FED?

The normies just don’t care about it and wanted to live the life with stressed free and debt based economy?! I just don’t get it.

No you don’t have to. You take care of your country first.

Every normie ive ever met always talks about muh gold standard and the fed. I cant get them to stop.