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Politics : The Obama - Clinton Disaster
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To: DuckTapeSunroof who wrote (47151)3/25/2011 10:21:17 PM
From: Wayners1 Recommendation  Read Replies (1) of 103300
 
Govt doesn't need a balanced budget amendment. They won't follow it anyways or it will be ruled unconstitutional. The real strategy is the following. Hyperinflate the foreign debt away, eliminate the Federal Reserve because they will be broke from the hyperinflation (I think they are mostly foreign bank owned anyways), lock the people down in martial law and seize some or all private property to start over again with a new currency semi backed with something. Cycle rinse and repeat. The repeat part refers to the ability to still create out of thin air more paper than backed by something. See the 1920's Gold Certificates--got greedy and printed at least 50% more certificates than they had gold...cover the fruad with gold confiscation. Move ahead to the 1970s. Printed too many dollars in the 1960's to pay for Socialist programs and Vietnam, there is a run by foreigners to convert dollars to Gold....wow didn't we see this movie before in 1933? Well then then the Gold window is closed in 1971 and taxpayers make up the difference by having their wealth confiscated through inflation for the next dozen years. Fast forward from there. Now we have an exponential growth Federal Deficit. What do you think they will do based on history? Do you maybe think confiscation of savings through inflation and possibly seizure of property to back a new semi backed currency? When will the retarded citizens friggin learn!
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