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| 02:36 PM | ||
| Users Online Now: 2,095 (Who's On?) | Visitors Today: 826,472 | |
| Pageviews Today: 1,468,601 | Threads Today: 488 | Posts Today: 10,333 |
| 02:36 PM | ||
Who do we owe 30 Trillion to, and what if we told them screw off, we're not paying it? | |
| Anonymous Coward User ID: 82532002  United States03/26/2022 07:35 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". the US debt is over $30 QUADRILLION.... |
| Anonymous Coward User ID: 71889411 United States03/26/2022 07:36 PM Report Abusive Post Report Copyright Violation | |
hodun
 User ID: 82258022 United States03/26/2022 07:38 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 82219289 United States03/26/2022 07:38 PM Report Abusive Post Report Copyright Violation | Basically the money would be dead. It needs to circulate to be worth something. It would force other countries to not recognizing our dollar at its current value. That effect would cause massive damage to the large corporations that trade internationally and f course without the demand they would drop employees like sears. The 99% will loose the most because the American dream will be a little tougher to obtain. But who says you need to be on the top to enjoy life anyway…. I think things got a little to crazy and we lost focus on family values. Maybe that’s a good thing. I make it important to come home to be a dad. I live my American dream. |
| Anonymous Coward User ID: 78943489 United States03/26/2022 07:39 PM Report Abusive Post Report Copyright Violation | Some of it is owed to your neighbor, or your boss, or your friend. The government at all levels (federal, state, local, municipalities, etc) provide bonds for investment and to service their debt. Many people on fixed income have used this as a retirement tool. Treasury bonds have When you start telling your creditor to fuck off then it will not end. A good way to hasten the demise of society is to start cancelling all debt. It will not end well and those who were rich before will just be rich again... It really is that simple |
| rainstormy
I watch the weather. User ID: 80064261 United States03/26/2022 07:40 PM  Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". Our national parks are collateral, among other things. rainstormy |
| Anonymous Coward User ID: 82189023  United Kingdom03/26/2022 07:41 PM Report Abusive Post Report Copyright Violation | …….” Who do we owe 30 Trillion to”……. Global banking cartel, spawned outta Northern Europe, took over France, came to England after acquiring Scotland and then grew from here as a new group under the guise called Britain, they’re firewall bankers for global religious houses and monarchy, tried to militarily take over America but failed, so instead created a company called The Federal Reserve and just creamed money from US citizens and used money as a leash rather then have a head of state there, spreading their wares around the world to assimilate every country to create the New World Order, which is actually an Old World Order that’s been rekindled then destroyed many times, ultimately intend to hold common law title to your soul, they’re hoping you elect to transfer it to them as they can’t take it from you by any force as God gave it you. Read scripture without preconceptions and prejudice. Follow us for more history lessons, links to us can be found in many alt.binaries if you look hard enough. |
Trained Noticer
Forum Moderator User ID: 80558422 United States03/26/2022 07:41 PM  Report Abusive Post Report Copyright Violation | We owe it to the Federal Reserve Bank. Quoting: PlainSightHider And it isnt intended to be paid back. And what they will do is exactly what they are doing & will continue to do. Which is inflate the currency which they create & you work for, and borrow & is borrowed on your behalf by your government. The goal is to create a two tiered society of elite masters and a servant class of debt slaves. Individual slaves & nation slaves. And to own all the Earths resources & commodities and control all aspects of peasant class life. And that is what they will do & are doing. And it doesn't matter if "we" pay them back. They know "we" can't pay them back, they don't care. The better question is ...who is this "we" you refer to? The American people? Their government? You do understand that the Federal Reserve IS your government, and your "elected" officials will do their bidding. Dont think so? Think about this for a second: The Central Banks literally print the currency you exchange your time & labor for. They have a monopoly on this currency and it is required for most transactions in your life. They determine how much of this currency gets printed into existence out of thin air as well as the interest rates it is loaned out at. Imagine having the power to create "dollars" out of nothing but a promise by a government to repay you for loaning this money to them. Then requiring individual people to be tied to that debt if they want to purchase a home, automobile or anything they must finance. Debt slaves. Nation slaves. Individual slaves. On top of all that, the Federal Reserve uses this very currency, which they magically created and is backed by nothing but a hollow promise from a puppet government....to purchase 40 BILLION DOLLARS PER MONTH in mortgage backed securities as well as billions of other asset classes on the open market. And your "elected" representatives gladly oblige them in this mechanism. Now, why do you think that is? I hope this answers your question satisfactorily OP. If youd like further clarification, please let us know. This post^^^ And GREEN! Good job!  For those who believe, no proof is necessary. For those who don't believe, no proof is possible. (Stuart Chase) It's easier to fool people than to convince them that they have been fooled. (Mark Twain) |
| Anonymous Coward User ID: 79379537 United States03/26/2022 07:43 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". WE ARE NEVER PAYING IT BACK FUCK CHINA AND JAPAN the deep state class of chinese eunuch spies and direct operant assassins with the help of their highly vetted LGBTQ manchurian candidate puppet traitors in the US deep state, already took over the entire US establishment, forced man woman and child to wear a sharia law style mask for two years, sterilized half the population, murdered another few million babies by funding and directly operating planned 'parenthood', funded BLM riots that torched and looted almost every city for months, shut down the economy with COVID laws and mandates (armed military checkpoints and roadblocks in Hawaii - where the Asian and Samoan mafias operate unfettered), have all the gold and cash, own the media and politicians, sew the uniforms and make most the parts for the military, design the lasers and electronics that make all the smart shit, bought all the patents and real estate, have the entire homo fagman Elon musk bezos suckerberg twit homo mafia blackmailed to high space x mars heaven, every headline in the news/on teevee an outright hoax and lie made up by degenerate homo sodomite cackling tr4nnies |
| YEA Eoreris
User ID: 72201589 United States03/26/2022 07:43 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77590624 United States03/26/2022 07:43 PM Report Abusive Post Report Copyright Violation | Wrong. Most ($26T) is to a private company known as The Federal Reserve. The Federal Reserve is NOT a government agency. The Federal Reserve doesn't reveal who "owns" it, but it's board of directors is known. I've read quite a bit of the material and research done on the Federal Reserve, and from the reading most researchers seem to believe it's owned (at least in part) by Israel. |
| Anonymous Coward User ID: 80478244 United States03/26/2022 07:44 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". Our national parks are collateral, among other things. Fiat currency is based on nothing, however, it's attached to petro. If the feds were to reset everything they could literally wipe the debt overnight and then reset everything to zero. Nothing anyone could do either. So many people trade their time for paper money yet do not understand how it even works or what backs the US dollar. Watch the vid I posted, you'll learn a lot.  |
| Anonymous Coward User ID: 36224241 United States03/26/2022 07:47 PM Report Abusive Post Report Copyright Violation | |
| Turd Ferguson, Jr.
User ID: 51522520 United States03/26/2022 07:47 PM Report Abusive Post Report Copyright Violation | Yep. I think the Social Security Administration holds the largest amount of debt, unless the Federal Reserve has taken first place. Then there's Medicare, Federal Employees pension fund, Military pension fund, a buttload of state and municipal pension funds. |
| Feathery
User ID: 41363534 United States03/26/2022 07:48 PM  Report Abusive Post Report Copyright Violation | The most confusing part is many countries we owe debts to also owe us debts. So the whole thing is a scam. The ownership of foreign land is the one that gets me. How in the fuck can china own our farmland? It's one thing to own a fancy home, No country outside the USA should have the right to own any land here beyond a private home, and no big ranches either to disguise land ownerships. That strikes me as anti constitutional and illegal. It's trick economics , it's literally witchcraft. Tomfoolery |
| Anonymous Coward User ID: 79889820  Canada03/26/2022 07:49 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 69464194 United States03/26/2022 07:49 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". To your mom |
| Anonymous Coward User ID: 81477287  Brazil03/26/2022 07:51 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 44883436 United States03/26/2022 07:51 PM Report Abusive Post Report Copyright Violation | They say that China "owns much of our debt" but what does that really mean when there is NOTHING FEDERAL ABOUT THE FEDERAL RESERVE?!? And who cares if we don't pay back the money to The Fed? What the hell are they gonna do about it?!?  |
| Anonymous Coward User ID: 81477287 Brazil03/26/2022 07:53 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 44883436 United States03/26/2022 07:53 PM Report Abusive Post Report Copyright Violation | Currently China owns a lot of the debt when the dollar was decided to be the reserve currency other countries bought our debt in the dollar so they could trade with Quoting: Anonymous Coward 1869762 But we don't own & control out own money....The Federal Reserve does. So isn't that an issue between China and The Fed? |
| Anonymous Coward User ID: 81477287 Brazil03/26/2022 07:57 PM Report Abusive Post Report Copyright Violation | Yep. I think the Social Security Administration holds the largest amount of debt, unless the Federal Reserve has taken first place. Then there's Medicare, Federal Employees pension fund, Military pension fund, a buttload of state and municipal pension funds. You forgot about bank deposits, when someone deposits some amount in a Bank, the Bank buys Government Bonds with that money, this finances the public deficit, in fact the depositor is lending this money to the Government and expects to redeem it as soon as he needs it ... |
| Weird Bob
User ID: 80877487 United States03/26/2022 07:59 PM  Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 81477287 Brazil03/26/2022 08:00 PM Report Abusive Post Report Copyright Violation | Other nations have defaulted many times throughout history and the world didn't end. Quoting: Anonymous Coward 79889820 It is going to happen anyway. Only a completely stupid person would say something like that. Every country that has defaulted on debt has created high inflation and a reduction in public services, jobs and wages. |
| Anonymous Coward User ID: 80848723 United States03/26/2022 08:01 PM Report Abusive Post Report Copyright Violation | I read an article at least 25 years ago. It stated that, at some point world debt would become unmanageable. All governments will just cancel the debt and start over. In the article it said that there would be short term suffering but long term- it would be ok. Isn't that f*cking twisted!? Man I wish I could remember who wrote that article! |
| Anonymous Coward User ID: 81477287 Brazil03/26/2022 08:02 PM Report Abusive Post Report Copyright Violation | |
| Original Bunnyswanson
User ID: 82607346 United States03/26/2022 08:03 PM Report Abusive Post Report Copyright Violation | Japan owns the most USA debt unless you consider the commonwealth nations known as the British colonies and territories. They own the most. China is next as the largest debt holders. The price of liberty and even of common humanity is eternal vigilance.” —Aldous Huxley For the waywardness of the simple will kill them, and the complacency of fools will destroy them. Proverbs |
| Original Bunnyswanson
User ID: 82607346 United States03/26/2022 08:04 PM Report Abusive Post Report Copyright Violation | Other nations have defaulted many times throughout history and the world didn't end. Quoting: Anonymous Coward 79889820 It is going to happen anyway. Only a completely stupid person would say something like that. Every country that has defaulted on debt has created high inflation and a reduction in public services, jobs and wages. China confiscated naval ships from a country which defaulted on their debt. The price of liberty and even of common humanity is eternal vigilance.” —Aldous Huxley For the waywardness of the simple will kill them, and the complacency of fools will destroy them. Proverbs |
| God Fearing Atheist
User ID: 79012967 United States03/26/2022 08:04 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". That is just it. The bankers finance everyone, so if one party/ nation does not pay up than another party/ nation will be rewarded to attack the debtor nations that defaults. It is all clear in this contracted symbolic music video. |
| wisconsin human
User ID: 82549847 United States03/26/2022 08:04 PM  Report Abusive Post Report Copyright Violation | . ... let them get it from the elite class ... . . Our family celebrates The Lord's Feasts: [link to www.grafted-promise.net] Fools and the dead don't change their minds. Fools won't and the dead can't. When you tear out a man's tongue, you are not proving him a liar. You are only telling the world that you fear what he might say. Quoting: CountryWise Amos 5:13 - Therefore at such a time the prudent person keeps silent, for it is an evil time. |
