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What the Pros Say: US Is Now ‘Bankrupt’
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March 20, 2009
Global stocks traded higher, as did the dollar against the euro, Thursday after the Federal Reserve’s surprise announcement it would buy $300 billion in US Treasurys in order to help the ailing economy.
- A d v e r t i s e m e n t
US is Already ‘Bankrupt’
Technically, the U.S. is already "bankrupt" because it has a debt that is almost four times the size of its economy, says Puru Saxena, CEO of Puru Saxena Wealth Management. He tells CNBC that the U.S. is at risk of hyperinflation.
Fed to Buy Treasurys is Not a Good Sign
Stephen Roach, chairman for Asia at Morgan Stanley does not view the Fed’s plan to buy $300 billion worth of long-dated government debt as a constructive sign for prospects going forward.
Fed’s Move Unlikely to Help Economy
The Fed pumping money into Treasurys won’t help, says Martin Weiss, president of Weiss Research. He also discusses what can be done to turn the US economy around.
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March 20th, 2009 at 12:36 pm
LEARN MORE ABOUT WHATS REALLY GOING ON! http://www.thegrandawakening.com
It seems as though we are coming up on a string of big changes in our American economy, our World economy, and the way that we live our daily lives. It looks like it could get hairy and scary. It is hard to give advice though because so much of what is coming at us downhill is writing on the wall but the lingering doubts are always in the back of our minds. We, as light workers and people who believe in the law of attraction and the new paradigm are caught in a place where you may not know when or what to do.I have a great job and a nice little house and my wife has a great job too. Our son is happy and healthy and doing well in school. Our family all live within 30 minutes of us and life on the day to day is really nice.Now on the flip side of things we are totally aware of what may be coming but its so hard to believe it. You know about all of the dark plans and hidden agendas and all of the research concerning earth changes and underground bases and all of the rest of it. You have read about the plans for population reduction the mind control projects and the fluoridation of our water. You know all of it, but when you think about stock piling food and supplies and preparing for all of these things you stop and look around and everything is fine.You think about a time in the future when you may have your house filled with food and you are surviving but your neighbors aren’t. What will we do? How will we handle that? What are we doing and why are we all just letting this happen? It’s obviously not acceptable to any of us. You look around and you see how few people are awake to these plans. To be optimistic is great but I could go seemingly through months without bumping into someone who knows anything about anything that is really going on behind the veil of secrecy. If it weren’t for our network of researchers and whistleblowers we would be in bad shape and would feel all alone. You try to wake people up but until something bad happens its always business as usual. When you drive down the road and you look around at all of the beautiful people walking and talking, laughing and enjoying their lives, filled with ideas of what their futures will be. Plans of college for the kids, retirement, what to have for dinner, their season tickets to the Dolphins, JR’s birthday party in August, finally building on that property in Tennessee and next years vacation to the Bahamas. How can you imagine this unfolding? Can you blame them?I am caught like a fish in a pool on an outgoing tide. Moments of denial and moments of anxiety, not knowing when to get out to sea or what will happen if I stay put.George Green just said on an interview with Project Camelot dated Feb 24th that he used to say buy gold but since it takes 2 months for delivery now, IS TOO LATE!!!!!!!What the hell does that mean????? I came away from listening to that interview with a buzzing in my head. Did I miss something? Is the guacamole going to hit the fan and I didn’t get a signal, a sign, a warning, a calling from above, nothing???Is this really the time? Will it be in 2 weeks, 2 months, 2 years. This is the problem that we’re faced with…. So many wonderful people are doing so much wonderful research and all of them have good intentions and want to help keep the public up to speed. All of them have different backgrounds and different contacts and have come to conclusions as to when, where, what and why as well as how intense are things going to get. This is where discernment comes in and your personal feelings or intuition comes in…I don’t have any better idea than anyone of these researchers as to when it’s all coming down and what exactly will happen in the future but I know one thing….I’m staying aware, awake and extremely positive in my heart. I think everyone should be prepared at all times for the possibility of what may happen and should pay attention to what is going on around them. Stay flexible and fluid and stay in tune with your intuition and or your higher self.However, Do Not Live Your Life In Fear and Do Not Stop Enjoying All Of The Things That Make Your Day To Day Wonderful. Stop and smell the roses and savor every moment of everyday. Be thankful that you know as much as you know and help others to keep up with whata going on.There is a saying that I heard once that I always remember when I start to worry about the future. A Coward Dies a Thousand Deaths, But A Brave Man Only Once. Which is to say don;t keep torturing yourself over and over about possible future. Just get a couple hundred packages of ramen noodles and 50lbs.of rice just in case…
lol Reply:
March 20th, 2009 at 1:04 pm
Find your enter key or nobody will ever read your wall of crap.
whichindian123 Reply:
March 20th, 2009 at 1:50 pm
Very true point
But ill call it wall of words
jin Reply:
March 20th, 2009 at 1:51 pm
Welcome to the human condition, “wake-up”. Life here on earth is for learning.. not knowing. Everything is going to be okay ultimatly because it already was and maybe we instinctivly know that. Of course people are making plans for their future.. just as you on the opposite scope are making plans for your demise. We don’t know yet. You don’t either. Neither do “they”. I DO know that we’re supposed to have anxiety/fear/chaos and we’re supposed to have hope/stability/love. You didn’t think you would live forever did you? Do the people who come here worry because they might suffer or die? Both.. at some point in time, you will do both. So.. Do what you can now that you are healthy and alive to have a good time. If you only let your self experience the fear, you ARE being controlled.. and if you believe someone is controlling you then they are. Try and think the opposite sometimes. Take a walk.. say hello to your neighbors who you call “sheep”. Get off of this crazy self-destructive course and stop watching the news.. coming here so often, etc. The world might end soon but if you believe what AJ says.. It’s already too late. So what? It already happened trillions of times to trillions of people.
John Galt Reply:
March 21st, 2009 at 12:28 am
You are living in a cocoon hope you come out a butterfly
CocoLemon Reply:
March 21st, 2009 at 7:59 am
If you’ve got a problem with christians you’re on the wrong site. AJ is a christian as well as many others of us. Deal with it.
Josh B Reply:
March 21st, 2009 at 9:11 pm
Tyranny is color blind… and blind to our religions, our race, our pay, and our political party.
———————————————-
March 20th, 2009 at 12:37 pm
MORE ALEX CLIPS MOVIES AND OTHER STUFF ON 911, FLOURIDE, NWO AND A SITEDESIGNED TO HELP YOU WAKE YOUR FAMILY UP IN A VERY NON-THREATNEING WAY!
http://www.thegrandawakening.com
March 20th, 2009 at 12:41 pm
NRA executive vice president Wayne LaPierre was a guest on the Glenn Beck program on Fox News, Wednesday, March 18, 2009. Wayne and Glenn discussed Attorney General Holder’s recent announcement that he wants to resurrect the failed semi-automatic firearm and magazine bans. They also talked about the preposterous claim being made by gun control congressmen and senators that our Second Amendment, and not the corruption within the Mexican government, is the cause for the violent crime caused by Mexican drug lords.
http://www.thegrandawakening.com
March 20th, 2009 at 12:48 pm
Look up the UCC (Uniform Commercial Code)…
The whole reason our Birth Certificates we’re created was to turn us (the American People) into Collatoral to pay off our debts during the great depression. UNDER UNIVERSAL TRADE LAWS, WE ARE TRADABLE HUMAN RESOURCES…JUST AS MUCH A RESOURCE AS STEELE, FABRICS, ETC.
The state was basically sold to the crown in 1933.
Here’s the time line (Research this, it’s crazy!!! And you can use their own laws against them!!!):
1865 – 13th Amendment – people could volunteer into slavery by accepting federal benefits.
1868 – The 14th Amendment created a new class of citizen, the ‘person’ subject to the Federal Gov’t.
1871 – the Federal Gov’t formed itself into a corporation – USA (all capitol letters is what determines this…Same with your birth certificate ie: JOHN W. DOE)
1913 – the Federal Reserve Central Banks were created.
1933 President Roosevelt put into effect the ‘Trading with the Enemies Act’.
This applied only to
Federal Citizens.
1933 – President Roosevelt took the gold away from the people, who were not lawfully required to
relinquish it, and who then had no money with which to pay their debts.
March 9, 1933 – ownership (legal title) of all property is in the State; individual ‘ownership’ is only
equitable (user) title. Use must be in accordance with law and subordinate to the necessities of the State.
(YIKES! Read that again.)
1933 – President Roosevelt passed HJR 192 June 5, 1933 – since the government had taken the gold,
and the people had no money, the government would pay the ‘debts’ for the people, thereby giving them
UNLIMITED CREDIT. Whoever has the gold pays the bills.
This legislation states that one cannot demand from
you a certain form of currency, since any form and all forms of currency are your credit.
If they do, they are
in breach of Public Policy, PL 73-10.
Not only does this insurance policy protect the legislators from
conviction for fraud and treason but also it protects the people from damages caused by the Feds.
1938 – Erie Railroad vs. Tompkins made contracts the rule in the courts.
No other law prior to 1938 can
be cited in cases.
1946 – government and court system was lost through the Administrative Procedures Act.
1965 – silver was removed as a means for paying debt, the Uniform Commercial Code became the
supreme law of the land concerning the Banking System, the courts were pulled together in Admiralty/
Administrative and Civil (contract /commercial /corporate) Law, thereby removing the ‘innocent’ plea,
thereby reversing ‘innocent until proven guilty’ to ‘guilty until proven innocent’.
Securities replaced
substance as collateral for debts; debt instruments with collateral, and accommodation parties could be used
instead of money.
The courts could uphold the security instruments which depended upon commercial
fictions as a basis for compelling payment or performance.
1966 – The Federal Tax Lien Act: The entire taxing and monetary systems are hereby placed under the
U.C.C.
(Uniform Commercial Code)
living0history Reply:
March 20th, 2009 at 3:14 pm
thank you for the great information!
John Galt Reply:
March 21st, 2009 at 12:37 am
Q) Why was the UCC created.
A) Because the US is bankrupt since 1933 when it could not pay it’s debts at law. Law said payment of debt was in gold and silver coin. US had no gold. So it became equity. Res. residual value.
The US is is still bankrupt.
We are now pledging the very land of America as collateral for the debt to the creditors.
Your children will wake up homeless in the land their fathers conquered.
Deal with it.
OR Fight.
March 20th, 2009 at 12:48 pm
want to understand? read this: http://www.nmcservices.net/youareaslave.html
then take a look at this:http://www.box.net/shared/xke09bvupd
March 20th, 2009 at 12:58 pm
WE ARE HEADING INTO THE MUCH PREDICTED 2012 END OF TIMES. IT IS A SPIRITUAL WAR. NOT TO WORRY, WE DO HAVE HELP FROM ABOVE FROM A BENEVOLENT FEDERATION OF PLANETS WHO ARE TRYING TO TURN THINGS AROUND. OUR GOVERNMENT IS LYING TO US THERE TOO! LEARN THE TRUTH ABOUT THE SPIRITUAL WAR!!!
http://www.thegrandawakening.com
John Reply:
March 20th, 2009 at 2:35 pm
Inclined to agree, the Lord will move in his time, not ours. Back to topic! How come the Pros weren’t Pro enough to stop this bankruptcy, unless they are just acting as a sounding for the intent to bankrupt America. I.E. “Kay, Countrys bankrupt, move to plan B!”
CocoLemon Reply:
March 21st, 2009 at 8:02 am
Patriot; It seems to me that those who put down christianity usually live quite a sinful life…you one of them? Asshole.
March 20th, 2009 at 1:08 pm
Let me see if I have this straight: The FED [whose money is the currency that comes off the government printing press and we pay them to distribute] is going to buy US government T-bills, using that same money that really isn’t theirs in the first place, to “Back” the most recent round of currency being distribuited [but this time to prop up the international banks not for use by the "general population"]. So this newest currency is being backed by the assetless bank that is passing it out, using more money that doesn’t exist. Is this the situation????
WHERE I COME FROM THERE’S A TERM FOR THIS, COUNTERFEITING. AND THERE’S USUALLY A SENTENCE THAT GOES ALONG WITH IT!!!!! JUST WHO IS THE BRAIN THAT DREAMS THIS CRAP UP AND WHY DO SO MANY PEOPLE FALL FOR IT??????????
Ragnar Reply:
March 20th, 2009 at 2:28 pm
Yep, it looks pretty accurate to me. Good
What do you think about the proposed bill to *AMEND the Fed, HR1207? It seeks to put a bandaid on this cancerous boil, The Fed, rather than get rid of it. People, this would be a tragedy.
They (the evil Elite) would be fooling everyone yet AGAIN.
What think ye?
Ragnar Reply:
March 20th, 2009 at 2:40 pm
“Good job.”
John Galt Reply:
March 21st, 2009 at 12:47 am
A good start would be to audit it then abolish it . Get our camels nose under the tent.
Griz Reply:
March 21st, 2009 at 8:05 am
It all depends if this audit is used to gauge how much cancer needs excision or if it is simply used to put the majority of the people back to sleep. In other words, you’re right we shouldn’t probe, just cut first and take care of any bleeding as of later, IMHO. Were it up to me, I’d simply declare the currency and other instruments issued from the Federal Reserve as valueless script, no longer backed by the US. Game over, FED DEAD.
March 20th, 2009 at 1:35 pm
THE TIME LINES FOR THE COLAPS ARE FOUND HERE!!!!!!!!!!!!!!!!!!!!!!!!!!
WhatDoesItMean.com
March 20th, 2009 at 1:48 pm
SUNRAY,
I’ve been working on getting setup. Have you done your UCC filing, private bond for set off, chargeback letter, document of the living man and apostile by a willing state? Check out Winston Shrout’s work and maybe pick up his videos: http://www.winstonshroutsolutionsincommerce.com/
John Galt Reply:
March 21st, 2009 at 12:49 am
Yep I engraved it right here on the muzzle of my glock. It’s reeeealy small so they will have to look reeeal close to read it but it’s all there. You believe me dont you?
Griz Reply:
March 21st, 2009 at 8:09 am
Sure do, I’ll testify to it too, if you’ll witness the same on the muzzle of my Sig P229, okay? LOL!
March 20th, 2009 at 2:05 pm
Alex on the Albany County site I got in but they’ve cancelled all PDF downloads on the website!
http://www.albanycounty.com/de.....0090309/09
March 20th, 2009 at 2:15 pm
Didn’t the US gov. go bankrupt in the 1930’s and thats why we have birth certificates because the US gov collaterallized our lives…?
free time Reply:
March 20th, 2009 at 4:10 pm
Yes, time for commercial redemption.
John Galt Reply:
March 21st, 2009 at 12:50 am
yep, you got. See there are people with a brain.
March 20th, 2009 at 2:23 pm
Well I hope everyone has bought whatever they’re going to need for the short to mid term. Because, honestly, at this point I don’t think there is anything left to do but keep giving the bastards more rope until they finally do hang themselves.
jan Reply:
March 20th, 2009 at 3:28 pm
eXACTLY…WELL SAID,
March 20th, 2009 at 2:46 pm
When people of a nation allow government to dictate what will be, the people become slaves.The greed of leaders goes to believing that they own the people.So what you think you own is only a myth, because you have allow it,build it, and BELIEVE IN IT!
March 20th, 2009 at 3:41 pm
this is going to sound a little weird for some of you but this crisis was prophesied hundreds of years ago. according to the prophecy this is not the end, things will get better but there will be a world gov and a world currency there is no stopping it. sorry to inform you God will be your only refuge, dont even consider stockpiling because it wont help.
carpet cleaner Reply:
March 20th, 2009 at 4:17 pm
that does sound weird
March 20th, 2009 at 4:32 pm
If the Fed is buying our debt from the US Treasuery, what are using for colateral, gold bullion from the US Treasury?
The way I first heard of this is that we are buying 300 billion in Federal Reserve notes, hoping to add some fraction of value to our worth less paper dollar. If that is true, then is our gold bullion being used as colateral – being sold in exchange for paper notes from the Fed?
If that is true and it’s not enough to strengthen the value of our dollar, then what will we do, end up like Germany and Zimbobway when they tried spining the same wheel of roulet in the game of World Currency and ended up flat broke?
This is worse than compulsive gambling!!!
Salty Dog Reply:
March 20th, 2009 at 4:46 pm
The colateral they are using, taxpayers will become slaves.
John Galt Reply:
March 21st, 2009 at 12:53 am
Collateral is the property and contents of the US including the people. When someone or thing (corporation) owns you you are a slave.
March 20th, 2009 at 4:38 pm
Check this out, anyone seen this one the news? it was the only coverage it got so far!
http://www.glennbeck.com/conte.....198/22954/
March 20th, 2009 at 4:44 pm
Stick a fork in us, we are done!
March 20th, 2009 at 4:52 pm
get a clue and get a life. you post the same 3 words of bullshit on every article. you are worse than the masses. you blindly follow just like they do. you dont know what you’re supporting or what you’re against. you just keep spewing the same 3 word response that has no backing
hammernail1976@hotmail.com Reply:
March 20th, 2009 at 6:07 pm
if we the people would just reclaim our “sovereign citizenship” things of this nature could never happen, because as is stands as of right now if you have not reclaimed your “sovereign citizenship” you have no rights no declaration of independence rights, amendment rights, or any other right for that matter, THIS IS FACT that has been proven in the courts time after time,the only thing you have is 14th amendment privileges which can be given or taken at any time by the grantee.
see now i know that many of you think its just a null adhesion contract that was voided by the state or federal government abuse, but that is simply not the case, because as long as whatever is being done is being done to a people who have a “birth certificate” no matter what it is, they can do it with the backing of the courts because the grantees are sovereign people who are making things and restricting things from a non- sovereign people within a sovereign state within a united corporation. and so, by reclaiming your sovereign citizenship, it restores all the rights that you where given at birthright by the state in which your born, the sovereign people would be able to make decision with the full backing of the declaration of independence, and the amended rights which where exchanged for “privileges” through adhesion contracts, please i challenge anyone who does not believe me or think im left field about this. please people it is the only other way then revolution to make the government get back into its proper smaller place working the the People!!!
March 20th, 2009 at 4:58 pm
You people are a bunch of paranoid idiots!
fear nothing Reply:
March 20th, 2009 at 6:20 pm
LMAO!!
just because you’re paranoid doesn’t mean their not after you
sincerely,
the ripest idiot of the bunch
John Galt Reply:
March 21st, 2009 at 1:01 am
and you are asleep
March 20th, 2009 at 5:10 pm
Praise Obama..he will fix this entire crisis. Only the psychotic and conspiracy masses believe that we are bankrupt. Who Cares lets usher in a new era for the NWO. It needs to happen life can’t keep heading the way it is without problems. Too many people on this planet I say eliminate everyone on this planet that doesn’t make enough money. Starting with people in this country under 30k a year. Eliminate many 3rd world countries and bam life will start correcting itself. Also, for all u nay sayers…I can’t wait to become part of Obama’s volunteer force. Soon if you all don’t join, we will be coming to your doors for you…all of u need to give to save this country. The ones who don’t want too, well lets just say..your gonna be hating life. lol. Hail Obama…god bless america.
Oh Brother Reply:
March 20th, 2009 at 6:30 pm
I hope you are being sarcastic?
Smoke and Mirrors Reply:
March 20th, 2009 at 8:03 pm
I don’t give a fuck if you’re being sarcastic or not, you fucking dirt bag piece of shit. Yes, you stand tall and are proud of being a slave. You are the perfect catch. You will not have to be taught how to give up your freedoms or your liberties. And I hope you are the one that’s comes knocking at my door at 4am. Good will not have mercy on your soul.
Griz Reply:
March 21st, 2009 at 7:57 am
No, we won’t be hating life, we’ll be fighting you, physically if necessary in the street with rocks and twigs for weapons if that’s all we can get. Game on, asshole.
islandlife Reply:
March 22nd, 2009 at 6:27 pm
k.carlson just volunteered his life, you poor, misinformed nazi esque son of hitler. starting with him we should show these brainwashed fucks the meaning of freedom. you have no right to make a life or death line at 30k a year or where you were brought into this fucked up world.
March 20th, 2009 at 5:49 pm
All these philosophies on the solution. Here’s the one solution: Get rid of the FED and everything and everybody connected to them and all else will naturally fall in place. You first have to topple that initial domino to get the others falling. The nation that controls its own currency, controls its own destiny. Period. All else is BS.
March 20th, 2009 at 6:46 pm
http://www.youtube.com/watch?v.....re=related
March 20th, 2009 at 7:22 pm
The End Is Near.
beloved Reply:
March 22nd, 2009 at 10:41 pm
the end is here
March 21st, 2009 at 12:02 am
For those that missed yahoo news check out this wall street guy who goes from $750.000 annually to $7. something..http://cosmos.bcst.yahoo.com/up/player/popup/?cl=12586266
March 21st, 2009 at 12:20 am
NINO
You missed an r word… retard…and…reload
Brenni Reply:
March 22nd, 2009 at 7:32 pm
That’s 2 words
March 21st, 2009 at 1:04 am
end the fed
March 21st, 2009 at 1:28 am
Isn’t the plural of treasury actually treasuries? Why can’t people at CNN even get it right?
Man, people of the U.S., get yourself a book on grammar and punctuation and learn how to write correctly.
March 21st, 2009 at 2:05 am
The USA is bankrupt? Ok, I’m send Guido and Sal over there to straighten shit out; I want my fucking money!
March 21st, 2009 at 6:32 am
I can’t believe it, Roosevelt stole all your gold in 1933 and you folks still haven’t got it back yet?
March 21st, 2009 at 7:30 am
I think it’s funny, how long are you the people or we the people going to keep voteing the same nut jobs in office……WE ALL DID IT<so have some bread with your water.