Stillness in the Storm

An Agent for Consciousness Evolution

Five lies about America’s Debt, or How the Grinch Steals Christmas

By 2 Comments

Spread the love

Source – Removing the Shackles 

US Congress is “struggling” to come up with their 2015 budget.  I say “struggling” in quotes, because that is an extreme understatement.  By December 11th 2014, US Congress has to come up with a 2015 budget for the government. …. almost two and a half months AFTER the beginning of the 2015 fiscal year began.    Of course, as the elections set up a new floor of mess, the very act of passing anything in congress is a clusterfuk of epic proportions.  Between the Keystone Pipeline insanity, the military budget cut ongoing arguments, the Immigration law fiasco, the begging for Ebola “emergency” funds (for an “outbreak” that the public is refusing to swallow)…… I’m going to go out on a limb here to say, the chances of US Congress coming to an agreement on the 2015 budget before the deadline, is pretty much 0%.

I am going to prognosticate for a moment:

Congress will shut down the government, just as it did in 2014 when they couldn’t get past their squabbles.  Last year, when they couldn’t get anything accomplished, they basically wrote themselves a blank check for the coming fiscal year….. and read below to see how that panned out for them. But, in my opinion, I think that this time there is a much bigger agenda behind the shutting down of the government.  I am watching this very closely, because there are a lot of alarm bells going off in my head right now.  

  • The gold market is fixed.
  • The FOREX market is fixed.
  • Commodities are fixed- look at gold and oil in msm
  • The stock market is fixed
  • Repeated bank “stress tests”- globally
  • The big banks have failed (soon to be made public?)
  • The Central Banks being called into question on gold reserves
  • The BRICs are moving into major positions in finance
  • China has cornered the worlds gold market and stock market- moving into position to be the new reserve currency
  • “ISIS” new gold coins to be launched
  •  Iran moves against “ISIS” in Iraq (? or against gold currency?)
  • Arrests in various governments ARE taking place.
  • All “Medical” distractions have failed- ebola, polio, flu….
  • Japan shuts down government- Dec 14 elections forced
  • (Japan owns the largest piece of US debt instruments)
  • Staged distractions in Hong Kong – protests- while major financial changes are launched there.
  • Ukraine/Russia distraction no longer working
  • Syria distraction no longer working
  • “Banker” deaths, arrests, resignations reach epic proportions
  • “False Flag” events being outed instantaneously globally
  • Main stream media influence drastically reduced


These points are just the main ones that are flashing in neon across my mind in this moment.

The “New” financial system is online….. though not seen yet.  “They” are struggling to”Press the Button” because every time they do, they discover another layer of fraud and lies by various countries (corporations) about their physical assets that are needed for them to be Basel III compliant.  Not only that, but the very basic premise of “asset backed” currencies and financial backing is blatantly being called into question as the public can see the outright fraud in the currency/forex, and commodities/gold/oil/silver markets that are the supposed “backing” or “assets” of Basel III.  This “New” financial system is just slavery 2.0 – that is clearly seen by those working to uncover the information on this.  BUT…. as “they” push ahead with their system of financial corruption, “they” KNOW that it won’t last. 

Please watch the next few weeks very carefully.  IF the US government DOES shut down- regardless of whether they spin it as “Oh well, let’s just start our Christmas vacation early this year”  or due to arguments within Congress as the idiots push their agendas- There is something very big afoot.  IF the US government goes into shut down again, watch for the slight of hand that will follow while the public is sipping nog and watching the Grinch steal Christmas.

D


http://www.sovereignman.com/trends/five-complete-lies-about-americas-new-18-trillion-debt-level-15661/

Five complete lies about America’s new $18 trillion debt level

by Simon Black on December 2, 2014

 December 2, 2014

Santiago, Chile
On October 22, 1981, the government of the United States of America accumulated an astounding $1 TRILLION in debt.
At that point, it had taken the country 74,984 days (more than 205 years) to accumulate its first trillion in debt.
It would take less than five years to accumulate its second trillion.
And as the US government just hit $18 trillion in debt on Friday afternoon, it has taken a measly 403 days to accumulate its most recent trillion.
There’s so much misinformation and propaganda about this; let’s examine some of the biggest lies out there about the US debt:
1) “They can get it under control.”
What a massive lie. Politicians have been saying for decades that they’re going to cut spending and get the debt under control.
FACT: The last time the US debt actually decreased from one fiscal year to the next was back in 1957 during the EISENHOWER administration.
FACT: For the last several years, the US government has been spending roughly 90% of its ENTIRE tax revenue just to pay for mandatory entitlement programs and interest on the debt.
This leaves almost nothing for practically everything else we think of as government.
2) “The debt doesn’t matter because we owe it to ourselves.”
This is probably the biggest lie of all. Two of the Social Security trust funds alone (OASI and DI) own $2.72 trillion of US debt.
The federal government owes this money to current and future beneficiaries of those trust funds, i.e. EVERY SINGLE US CITIZEN ALIVE.
I fail to see the silver lining here. How is it somehow ‘better’ if the government defaults on its citizens as opposed to, say, banks?
3) “They can always ‘selectively default’ on the debt”
Another lie. People think that the US government can pick and choose who it pays.
They could make a bing stink about China, for example, and then choose to default on the $2 trillion in debt that’s owed to the Chinese.
Nice try. But this would rock global financial markets and destroy whatever tiny shred of credibility the US still has.
Others have suggested that the government could selectively default on the Federal Reserve (which owns $2.46 trillion of US debt).
Again, possible. But given that the Fed (the issuer of the US dollar) would become immediately insolvent, the resulting currency crisis would be completely disastrous.
4) “It’s the NET debt that’s important”
Analysts often pay attention to a country’s “net debt” instead of its gross debt. If you have a million bucks in debt, and a million bucks in cash, then your ‘net debt’ is zero. It washes out.
Problem is, the US government doesn’t have any cash. The Treasury Department opened its business day on Friday morning with just $71.9 billion in cash, or just 0.39% of its total debt level.
Apple has more money than that.
5) “They can fix it by raising taxes”
No they can’t. Just look at the numbers. Since the end of World War II, US government tax revenue has consistently been roughly 17% of GDP.
They can raise tax rates, but it doesn’t move the needle in terms of revenue as a percentage of GDP.
In other words, the government’s ‘slice of the pie’ is pretty consistent.
You’d think with this obvious data that, rather than try to increase tax rates (ineffective), they’d do everything they can to help make a bigger pie.
Or better yet, just leave everyone the hell alone so we’re free to bake as much as we can.
But no. They have to regulate every aspect of people’s existence: How you are allowed to educate your children. What you can/cannot put in your body. How much interest you are entitled to receive on your savings.
All of this costs time, money, and efficiency. So do never-ending wars. The bombs. The drones. The airstrikes.
This isn’t about any single person or President. The problem is with the system itself.
History shows that every leading superpower from the past almost invariably fell to the same fate.
Great powers often feel that their wealth and success entitles them to spend recklessly and wage endless, arrogant wars. The Romans. The Ottoman Empire. The British.
History may not repeat but it certainly rhymes. And the lesson here is very clear: debt weakens a nation. It weakens a society.
Generations that will not even be born for decades will inherit these debts by complete accident of birth.
And the people in charge of the system have backed themselves into a corner where there is no way out other than to default– either on their creditors (creating a global financial crisis), the central bank (creating a currency crisis), or on the citizens themselves (creating an epic social crisis).
Bottom line: this is not a consequence-free environment. And while you can’t fix the debt problem, you can certainly reduce your own exposure to what happens next.
Our goal is simple: To help you achieve personal liberty and financial prosperityno matter what happens. 

If you liked this post, please click the box below. You can watch a compelling video you’ll find very interesting.

VIDEO: You’re a Victim of “The Most Blatant Scam in History”
  • Find out WHY the United States Government is BROKE: Disturbing FACTS that You Need to Know.


  • You’ll Learn How UNELECTED Central Bankers have Taken Control of the Economy and Destroyed the Value of Your Savings.


  • The Dominance of both the United States and the US Dollar are ENDING. This has MASSIVE Implications to your FREEDOM and LIVELIHOOD.


  • Capital Controls, Civil Asset Forfeiture, Financial Repression, and NSA Surveillance Have Already Begun. Find out What Destructive Policies They’ll Launch Next.


  • And Most Importantly, Learn Time-Tested, REAL SOLUTIONS to take back your FREEDOM and PROSPERITY.



    • image

    Click Here to Watch the Video

    About the author: Simon Black is an international investor, entrepreneur, permanent traveler, free man, and founder of Sovereign Man. His free daily e-letter and crash course is about using the experiences from his life and travels to help you achieve more freedom.

    Notices and Disclaimers

    We need $2000 per month to pay our costs. Help us one time or recurring. (DONATE HERE)

    To sign up for RSS updates, paste this link (https://stillnessinthestorm.com/feed/) into the search field of your preferred RSS Reader or Service (such as Feedly or gReader).

    Subscribe to Stillness in the Storm Newsletter

    “It is the mark of an educated mind to be able to entertain a thought without accepting it.” – Aristotle

    This website is supported by readers like you.

    If you find our work of value, consider making a donation. 

    Stillness in the Storm DISCLAIMER: All articles, videos, statements, claims, views and opinions that appear anywhere on this site, whether stated as theories or absolute facts, are always presented by Stillness in the Storm as unverified—and should be personally fact checked and discerned by you, the reader. Any opinions or statements herein presented are not necessarily promoted, endorsed, or agreed to by Stillness, those who work with Stillness, or those who read Stillness. Any belief or conclusion gleaned from content on this site is solely the responsibility of you the reader to substantiate, fact check, and no harm comes to you or those around you. And any actions taken by those who read material on this site is solely the responsibility of the acting party. You are encouraged to think carefully and do your own research. Nothing on this site is meant to be believed without question or personal appraisal.

    Content Disclaimer: All content on this site marked with “source – [enter website name and url]” is not owned by Stillness in the Storm. All content on this site that is not originally written, created, or posted as original, is owned by the original content creators, who retain exclusive jurisdiction of all intellectual property rights. Any copyrighted material on this site was shared in good faith, under fair use or creative commons. Any request to remove copyrighted material will be honored, provided proof of ownership is rendered. Send takedown requests to [email protected].

    What is our mission? Why do we post what we do?

    Our mission here is to curate (share) articles and information that we feel is important for the evolution of consciousness. Most of that information is written or produced by other people and organizations, which means it does not represent our views or opinions as managing staff of Stillness in the Storm. Some of the content is written by one of our writers and is clearly marked accordingly. Just because we share a CNN story that speaks badly about the President doesn’t mean we’re promoting anti-POTUS views. We’re reporting on the fact as it was reported, and that this event is important for us to know so we can better contend with the challenges of gaining freedom and prosperity. Similarly, just because we share a pro/anti-[insert issue or topic] content, such as a pro-second amendment piece or an anti-military video doesn’t mean we endorse what is said. Again, information is shared on this site for the purpose of evolving consciousness. In our opinion, consciousness evolves through the process of accumulating knowledge of the truth and contemplating that knowledge to distill wisdom and improve life by discovering and incorporating holistic values. Thus, sharing information from many different sources, with many different perspectives is the best way to maximize evolution. What’s more, the mastery of mind and discernment doesn’t occur in a vacuum, it is much like the immune system, it needs regular exposure to new things to stay healthy and strong. If you have any questions as to our mission or methods please reach out to us at [email protected].

    Reader Interactions

    Comments

    1. Joe Renaud says

      Good points to make that many of us have ben pondering as well. I too pay fairly close attention to all that you have mentioned and also wonder how it will pan out with many different factions vying for power. When it comes to the precious metals manipulation silver has always been the achellies heel of the bankers and this article I'm enclosing does explain it well enough. The meat of the article can be scrolled down near the end where he explains the banks need 5 trillion in silver derivative short contracts each year just to keep these silver prices suppressed on a market worth only 32.24 billion a year in mined silver. Silver has been the backbone of our current industrialized lifestyles and we cannot have these lifestyles without the 26,000 tons of silver mined each year. Oh, by the way, we throw away 65% of all silver mined each year into our regular landfills. We don't do this to any other metal, precious or not. Every time a Tomahawke missle is exploded, 480 ounces of silver vaporizes. The military industrial complex is more reliant on silver than ever before because they simply cannot have a war without it.

      Reply

    Leave a Reply

    Your email address will not be published. Required fields are marked *