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1. World Debt

   Nobody ever asks; to whom is this debt owed? If we all owe each other this money, then why not Jubilee? So I ask, to whom is this money owed and what has been surrendered as collateral? Y’all should find out, dear slave, who it is that’s running this global plantation.

   1. @Fred. My answers to your 3 questions are ‘I don’t know’. I know for example that China is a huge holder of US treasuries. I have little faith that the US has significant gold reserves. I know the much of the West is federal land.

      If I was China and the US defaulted could I demand for starters, 61% of Idaho and 29% of my beloved Montana?

      1. For Montana, give the Chinese Missoula, Bozeman, and Helena. They are already socialist strongholds.

         1. INPrepper- I second that but leave the rest of us alone.

            1. Agree

2. Thanks, Fred, for asking that question. I’ve often wondered the same thing.

3. Countries owe each other, owe banks, institutions, mortgage companies, car lenders, the whole things a mess. But they all owe each other green IOU’s that are lent to them via the Federal Reserve, which is the top of the food chain, who has secret share holders whom I’ll bet maybe just a couple people in the world knows their identity. It’s just a big poker game, and the chip bullies always win, at every turn, suppress gold prices, buy it all with our own money, crash the market, cash in on derivatives, reinvest on the down market, make more profits (cash and resources) on the way back up, over and over and over. It’s just a big game.

   ***Warning Foul Language ***

   https://www.youtube.com/watch?v=cKUaqFzZLxU

4. The Class A shareholders of the Fed are essentially the castle dwellers of Europe. YOU, your loved ones and all of your property were the collateral used by your government when the US filed for bankruptcy in 1933 – thanks FDR! The US has never legally emerged from those bankruptcy proceedings.

   1. So the federal reserve debt based banking system was rolled out and 25 years later, surprise surprise, America goes bankrupt and now we’re slaves. Heard similar before. Land, minerals, future labor all of it still owed and since we keep taking on more debt we keep forfeiting more future assets as collateral, payment, and interest. This is exactly how debt works. When people blame the federal reserve or banksters I just roll my eyes. The bankers are doing exactly what bankers do. Not saying any of this is right, I just heard it this way.

      One more question, if the national debt and (government budget) deficit are two different things, why are they used interchangeably? I don’t know why but it’s more debt slavery I suspect.

      1. There is a reason why the Department of Commerce has copies of everyone’s birth certificate. It is because THE PEOPLE are the collateral for the debt. You are the collateral because you opted into the system.

         How did you “opt in”?

         Why, by signing up for a social security number. The moment you accepted the government’s number you are their slave.

         If you’ve ever seen the movie “The Matrix” (the first one), it sums up the “wool pulled over your eyes to blind you to the truth”.

         The legal, financial, and governmental constructs that have been erected around us are the real life matrix.

         How do you unplug? The short answer is you can’t, without much pain.

         So,what to do?

         The first thing is to NEVER allow yourself to be disarmed.

         Second, get some training and prepare.

         Wash, rinse, repeat.

      2. Fred, the deficit is a current account loss,the debt is a total of all past deficits.

5. The “one dollar bill” in your pocket is not a dollar – it is a Federal Reserve Note. A note is a promise to pay. Pay what? A Dollar! What is a Dollar? A Dollar is a unit of weight of silver! As defined by the Coinage Act of 1792, a dollar is 371.25 grains of pure silver. A dollar can no more be money than a quart can be milk.

   The small print (a note is a legal document) on a 1928 $20 FRN says “Redeemable in gold on demand at the United States Treasury or in gold or lawful money at any Federal Reserve Bank”. Lawful money is a noun, legal tender is a verb.

   Article 1 Section 10 of the U.S. Constitution states: “No State shall… make any Thing but gold and silver Coin a Tender in Payment of Debts. This is still the law of the land.

   1. I’ve constantly carried an 1890 ‘silver’ Liberty Dollar in my pocket for years as a reminder of what real money is. Every once in a while when the conversation warrants, I pull it out and show it to the person with me, who ALWAYS exclaims their surprise that we once used real silver-based coins for money.

      It also works wonders when you need to ‘flip a coin’ to settle a wager among people.

      “What’s that?”

      “It’s a silver U.S. dollar.”

      “Is it real?”

      “Of course. Our grandparents used to pay for groceries with silver money, you know.”

      “What? Really?”

      “Yep. You know that FRN in your pocket isn’t real money. It’s only a debt note.”

      “Huh? Explain.”

      (…and that’s how you wake up minds one at a time…)

   2. Now Doc, them is fightin’ words. You can’t go around saying a piece of paper aint nothing but a piece of paper. Somebody’s gonna get hurt. Those high up men said that paper is a bill for some gold or silver… uh, yeah, I know, …but after people got used to using paper, they said they didn’t have to give you any silver or gold anymore.

      I guess its sort of like holding a title to some land, but one day you don’t really own the land anymore, but the bank says you can keep the title and trade it to the next guy that comes up the road for something you need. You just have to hope he won’t be asking where the land is either. And he can trade it to the next guy, and so on…and so forth.

      The scheme works just as long as nobody asks where the land is, or the gold or silver. You got to stop talking about “Constitution” this, or “Federal” that, or “legal” this and that. You’re just gonna stir up things…

      People don’t really want to know how the magician pulled the rabbit out of the hat. They just want to believe he really did. Somehow that rabbit was living in that hat all the time. Somehow the Fed’s waved their magic wand and pulled money out of their hat.

      I hear they got a new kind of money called “Bit Coin.” I’m not sure if they call it that because you got to worry about gettin’ bit or what. But its worth something because thousands and thousands of computers all over the world were all grinding away day and night and they said its worth something. As I hear it, Computers are never wrong. The only problem I see is, they used to give you a piece of paper called a dollar you put in your wallet. I guess if worse came to worse, you could still use it to light your fire place. Now, I don’t know what you get with a Bit Coin. I think its just a really really long number somewhere. I guess you could write it down on a piece of paper and have “real” money again.

      So if I take my piece of paper with the really long number on it down to the Quicky Mart I wonder if Bobby Jean will give me a six pack for it? I know she’s gonna look at at me like I’m crazy. But I’m just going to tell here she has to just believe its good.

6. The linked article about Venezuela documents government backed gangs, an unofficial police force. ANTIFA came to mind, perhaps a function of city governments with a hostile bias towards civilians in our country? I suggest this in-depth 29 minute documentary from an investor’s perspective as a good insight to how things are in that troubled country, Venezuela, with some lessons for us. https://youtu.be/9qdO2pFoGgw

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