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How to get out of debt ...

kimchee45

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The Hen that laid the Golden Legos
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How to get out of debt.
Times are tough; everybody is in debt, and living on credit.

On this particular day a rich tourist from up north is driving through town.

He stops at the motel and lays a $100 bill on the desk as a deposit saying he wants to inspect the rooms in order to pick one to spend the night.

As soon as the man walks out, the owner grabs the bill and runs next door to pay his debt to the butcher.

The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.

The pig farmer takes the $100 and heads off to pay his bill at the feed store.

The guy at the Farmer's Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit.

The hooker rushes to the hotel and pays off her room bill with the hotel owner.

The hotel proprietor then places the $100 back on the counter so the rich traveler won't suspect anything.

At that moment the traveler comes back into the office, picks up the $100 bill, and states that the rooms aren't satisfactory, pockets the money, and leaves town.

No one produced anything. No one earned anything. However, the whole town is now out of debt and looks to the future with a lot more optimism.
And that, ladies and gentlemen, is how the United States Government is conducting business today!
 
This is way above my pay grade.
High finance is too complicated.
pretty simple, really. When the government with the help of the Federal Reserve, a private company, prints money out of thin air, it dilutes the purchasing power of all the money already in circulation just like pouring water into whiskey (after stealing a swig or two) dilutes the quality and effectiveness of the whiskey. It is a theft plain and simple because the government and banks get this money first.

What makes it worse, it goes on the books as a debt, and we get to pay it back, plus interest, with our already diluted tax dollars.

Sir Josiah Stamp, president of the Rothschild Bank of England and the second richest man in Britain in the 1920s, warned us in a speech in 1927 at the University of Texas:

“The modern Federal Reserve banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin. Bankers own the Earth. Take it away from them but leave them the power to create money, and with a flick of a pen, they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in. But if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let the Federal Reserve bankers continue to create money and control credit.”
Cry me a river you snowflake...Athens WM

y (bond)
 
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