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The Day the Dollar Dies
May/June 2013 Trumpet Print Edition ^
| May/June 2013 Trumpet Print Edition
| Robert Morley
Posted on 01/06/2014 12:56:44 AM PST by Yosemitest
The Day the Dollar Dies
Americas financial Pearl Harbor is coming
December 6, 2015, 3 p.m. HKT, Hong Kong
Twenty-one men representing Chinas most powerful institutions file into a conference room atop the ICC Tower looming over Victoria Harbor.
The Politburo Standing Committee has mustered the CEOs of Chinas four largest banks, Sinopec, and several other state-owned multinationals,
plus officers from the Central Military Commission and a pair of academics from Chinas top technology universities.
The general secretary formally opens the meeting.As you know, the United States of America continues to manipulate its currency, he begins.
It is devaluing its dollar, which steals away trade and reduces the value of its debts.
The Standing Committee manages the yuans value to protect our manufacturing base and support employment.
The secretary leans back ever so slightly to say what everyone in the room already knows, and the reason why they are here.Three days ago, the Federal Reserve System announced its sixth quantitative easing policy in the past seven years.
And now, the marching orders.
The Central Politburo Standing Committee of the Communist Party has agreed that it is time to use every financial measure of the Peoples Republic to preserve the state of its economy.
It has approved liquidating the governments holdings of U.S. treasuries.
The order from the stone-faced secretary sounds broad, even bland.
But it means very specific, very powerful things to each man in this room.
It means pulling the trigger on a huge number of massive initiatives.
And its backed by more than a trillion dollars.
The Chinese economy will suffer some collateral damage as well, but the decision has finally been made.
To encourage and to enforce the point, the secretary concludes with a proverb:Good medicine tastes bitter.
He couldve used a different one:Wait long, strike fast.
December 7, 9 a.m. EST, New York
Its a normal day on Wall Street.
Markets are up after last weeks Fed announcement of QE6.
Thanks to this latest round of money-printing, gold is holding at $2,000 per ounce, oil is $95 per barrel.
The dollar index is steady at 82.
Squawk Box is running a story saying Chinas new East Asian free-trade zone seems to have been fast-tracked.
Mongolia, Vietnam, Cambodia, Thailand and Chinas recently reincorporated province of Taiwan are all sending signals that theyre suddenly ready to sign up.
Trade will be conducted in Chinese renminbi.
An Associated Press story getting some play quotes an unnamed official from Japans Ministry of Finance sayingthat since most of Japans trade is now with China, it too will eventually be forced to join the East Asian Prosperity Cooperation.
Even Australia is considering participation.
The markets yawn.
10 a.m. EST
The Dow Jones Industrial Average hits 16,000a new record.
Gold bumps up $20 per ounce.
The dollar index is showing strength.
Market Makers is praising Federal Reserve Chairman Ben Bernankes masterful handling of the economy, despite stubbornly high unemployment numbers.
The lower third is flashing bulletins about surprise resource acquisitions and land deals across Africa and Central Asia by some Chinese state-owned oil and mining giants.
Stuart Varneys show devotes a 30-second chuckle to irrational Chinese exuberance.
10:48 a.m. EST, Beijing
Chinese Central Bank governor Zhou Xiaochuan is on television, announcing that China can no longer afford the Feds aggressive money-printing.It has become evident that with Americas stagnant economy and aging population, it will not be able to pay its debts.
It is defaulting on its debts by using inflation.
China has lent America more than $2 trillion.
The Peoples Bank of China has no choice but to stop purchasing treasuries.
We have spoken our concerns for several years, but the Fed has ignored its largest creditor.
We are cutting off the credit card.
10:56 a.m. EST, New York Stock Exchange
The markets reverse sharply.
Dow futures plunge 1,200 points.
Gold, silver and oil fall as investors impulsively rush for cash.
Treasury yields skyrocket.
Within seven minutes, the frenzy triggers preprogrammed fail-safes.
Trading halts temporarily.
But in Tokyo, Singapore and New Delhi, theyre still trading.
American traders call for calm, saying that a full-on dump of Chinas U.S. treasury stockpile would be mutually assured destruction.
Thirty minutes later, trading resumeswith an eerie calm.
11:44 a.m. EST, Moscow
As markets settle into an uneasy wait-and-see, Russian President Vladimir Putin appears at an unscheduled press conference.
Holding up a gold coin, he announces that the Central Bank of Russia completed the largest bullion transfer in modern history in October: 850 metric tons from the International Monetary Fund.Russia would like to thank the United States, Canada and Great Britain for approving this historic purchase of their gold holdings.
In this age of unrestrained electronic money printing and currency devaluations, it is the opinion of the central bank that physical gold bullion remains a critical component for national wealth and power.
Putin then throws down this challenge:The gold is here for anyone to audit.
I suggest that investors follow Russias example and demand an independent audit of Fort Knox.
With this shock announcement, Russia becomes the worlds third-largest holder of gold after the European Union and China.
Putin adds that Moscow is also negotiating for entry into the East Asian Prosperity Cooperation
and, starting in January, will use the Chinese yuan for international currency transactionswith the notable exception of oil and gas exports to Europe, which will now be priced in euro marks.
Putins itar-tass transcript goes viral.
Twitter and Facebook explode.
To Wall Street and the world, it is now clear that something momentous is happening.
It looks like a pre-planned attack on Americas anemic economy.
Before Putin finishes his announcement, investors erupt in sell orders.
The Dow plummets 30 percent in nine minutes.
Institutional investors dump U.S. treasuries at fire-sale pricestrying to get out before China unleashes its hoard.
Jim Rickards is on CNN saying its a full-on revolt against the dollar standard.
The ZeroHedge blog has it up in doomsday 100-point font:Is this the start of WW3 ?
Rumors begin to swirl on the trading floor and on tv screens around the worldthat Americas biggest banks are caught short
and unable to cover their multibillion-dollar positions in the derivatives market.
12:03 p.m. EST
Bank of America CEO Brian T. Moynihan denies that the bank has a liquidity problem.
12:07 p.m. EST
Citigroup CEO Michael Corbat calls the buzz about his banks derivatives positions malicious rumors started by speculators that are just false.
The bank is fundamentally sound, he insists.
12:15 p.m. EST
Warren Buffet warns of contagion to the insurance sector.
12:30 p.m. EST, Federal Reserve Bank, New York
Visibly agitated, Federal Reserve Bank Chairman Ben Bernanke says that due to market conditions the Fed will temporarily purchase unlimited amounts of treasuries to restore confidence in the market.The Federal Reserve is committed to a strong dollar policy
and any damage to the banking system is limited and contained, he said.
His announcement has the opposite effect.
Instead of instilling confidence, investors take it as confirmation of a worst-case scenarioand a giant sell signal on the dollar.
The dollar index drops into free fall, gold jumps by more than $700 per ounce, and silver hits $100.
Ten minutes later, Bill Gross at bond giant PIMCO is being interviewed by Lauren Lyster on MSNBC.
She asks if we are witnessing the end of the dollar as the worlds reserve currency.
Gross confirms that he began shifting most of his $1 trillion-plus fund out of dollar-denominated assets more than a year ago.
He put the money in Europe back when everyone else thought it was falling apart.The writing was on the dollars wall a long time ago, he says.
Americas mushrooming debt and the lack of political will to address its spending problems assured the demise of the dollar.
I just didnt realize it would happen so fast.
In an hour and a half, the dollar has lost more than half its value.
Fox News is saying people should spend their dollars now before they are worthless.
Dennis Kneale is actually comparing the collapse of the dollar to the Argentine peso and the Greek drachma.
12:39 p.m. EST, Atlanta, Chicago, Phoenix, Oakland
Riots are reported in shopping malls and business districts across several major cities, as people awake to the fact that the value of their cash is evaporating.
Their savings and investments have lost more than half of their purchasing power compared to other currencies.
Local news footage shows empty store shelves and malfunctioning AIMs.
People panic and rush grocery stores to stock up.
Customers claim widespread price gouging.
Mobs of young people rampage through Birmingham, Cincinnati, Chicago.
1:02 p.m. EST, Washington, D.C.
President Obama holds an emergency press conference.This morning, December 7, 2015a date that will live in infamy
the United States of America was suddenly and deliberately attacked by overseas governments in an attempt to discredit the dollar
and take away its status as the worlds reserve currency.
Let me be clear:To even entertain the idea of the United States of America not paying its bills is irresponsible.
Its absurd.
Some have questioned the integrity of our nations bullion reserves.
Believe me, the gold is there.
When Germany requested its gold holdings back, we began returning it.
I now urge my German counterparts to confirm Europes commitment to using the dollar as a reserve currency.
I have authorized Chairman Bernanke to implement capital controls to prevent millionaires and speculators from taking money out of the country.
I am also issuing an executive order that will limit private ownership of gold.
I am also directing Congress to pass new tax legislation and tariffs on Chinese goods.
Unfortunately, some elements in our cities seek to gain from this crisis:speculators on Wall Street and rioters on Main Street.
To protect the common good,I hereby declare a temporary state of emergency
and authorize Homeland Security, FEMA and the National Guard to restore order to our great cities .
1:25 p.m. EST, New York
The plunging markets go into free fall after the presidents announcements.
Gold jumps another $800, silver is at $175, oil at $250.
The dollar hits an all-time low.
Investors around the world flee the dollar.
American cities have started to burn.
Back in the real world
Although the dates and events in this scenario are obviously fictitious, the principle ISNT.
In fact, ,b>such an economic disaster is imminent enough that the Pentagon held its first-ever financial war games back in 2009.
Instead of carrier movements, tactical strikes and aerial bombardments, the weapons were currencies, stocks, bonds, interest rates and derivatives.
But just like real war exercises, the purpose was the same:to discover fatal weaknesses and how the enemy might exploit them.
Wall Street banker Jim Rickards participated in the war games.
In his book Currency Wars, he writesthat the Pentagon is clumsy at financial warfare.
Financial war is not beyond Americas horizon.
Whether or not politicians and the Fed will publicly acknowledge it, the war has already begun.
In 2010, Brazilian Finance Minister Guido Mantega was the first public official to confirm what everyone knew but no one would admit.Were in the midst of an international currency war, he told industrial leaders in Sao Paulo.
This threatens us because it takes away our competitiveness.
The advanced countries are seeking to devalue their currencies.
While the U.S. and other governments might throw out phrases like commitment to a strong dollar every now and then,
what many of them are actually doing is actively and openly devaluing their currencies to gain unfair short-term economic advantages.
Faced with unacceptably high unemployment and a stagnant global economy, the worlds leading economies are resorting to currency manipulation to steal a greater piece of a shrinking economic pie.
The short-sighted goal is to weaken the currency to make domestic goods cheaper for foreigners to buy and foreign goods more expensive to purchase.
This beggar-thy-neighbor strategy is highly contentious and potentially explosive.
In 2012 alone, global central banks cut interest rates 75 times in an effort to weaken their currencies.
Ever since the Fed launched QE2 in August 2010, we have been in the currency war regime, confirms Alessio de Longis,
who runs the Oppenheimer Currency Opportunities Fund.
It will continue to be this.
Regardless of who started it, the war is heating up.
Latest Currency Shot
When Shinzo Abe was elected prime minister of Japan in December, it heralded a new stage in the global currency war.
He immediately announced that Tokyo would no longer be neutral.
It would implement a massive $1.4 trillion quantitative easing (money-printing) plan to reduce the value of the yen.
He said the yen had risen too high(in reality, the dollar, yuan and euro had fallen, making the yen appear to have risen).
He then bullied the Bank of Japan into doubling its acceptable inflation level.
Abes intent was plain:to boost job creation by the same artificial means employed by the U.S. and Chinacurrency devaluation leading to increased exports.
And he was very open about it.
A daring monetary policy is essential if Japan is to beat deflation and drive down the value of the yen, he said.We strongly expect the BOJ [Bank of Japan] to conduct aggressive monetary easing with a clear price target.
Bowing to the pressure, the central bank announced it would potentially buy unlimited amounts of government bonds.
Since then, the yen has lost 25 percent of its value against the euro and about 13 percent against the dollarand Japans exporters grabbed market share.
Ever since the new government took control, it feels as though Japan is filled with the spirit for economic revival, Toyota executive Takahiko Ijichi said in March.
Outside of Japan, Toyotas competitors are filled with a different spirit.
China is fully prepared for currency war, its central bank deputy governor, Yi Gang, said that same month.China will take into full account the quantitative easing policies implemented by central banks of foreign countries.
Just hours before the BOJ announcement, German Bundesbank President Jens Weidmann warned thatpopulist governments threatened to unleash competitive currency wars,
as politicians pushed central banks to weaken currencies and steal trade.
It was a message aimed at the big powers:America, China and Japan.
Monetary policy risked becoming a political tool, he warned.
By February, the risk of currency war morphing into trade war was so high that the G-20 issued a joint declaration:We will refrain from competitive devaluation .
We will not target our exchange rates for competitive purposes,
will resist all forms of protectionism and keep our markets open.
But joint platitudes aside, the world is fully engaged in currency war and stands on the brink of full-scale trade war.
Return to 1930s
It is as if the world is back in the 1930s.
Back then, it was Great Britain that set off the chain reaction.
Following the failure of Austrian bank Creditanstalt and another bank in Germany, Britain was forced off the gold standard and devalued the pound.
Norway, Sweden and Denmark quickly followed.
America held off until 1933, when ,b>President Roosevelt confiscated all gold held in U.S. banks before devaluing the dollar against gold by 41 percent.
By 1936, Germany, France and the rest of Europe had abandoned the gold standard and were devaluing too,
all in an attempt to renege on debts and steal trade.
When the short-term boosts gained through currency devaluation were exhausted,
nations increasingly turned to tariffs, taxes and trade barriers to protect local industries and jobsall of which worked to retard economic recovery, increase social unrest, and escalate grievances between nations.
What happened next in 1939 is well known.
The currency-war-turned-trade-war was transformed into World War II by a madman.
Today, we see history repeating.
In January, Jin Liqun, chairman of the China Investment Corporation (Chinas massive sovereign wealth fund), warned America that[t]here will be no winners in currency wars,
and that Americas money printing machine will have to slow down for people to have full confidence in the dollar.
It was a thinly veiled reminder of what several Chinese officials have intimated over the past few years:that Americas biggest creditor nation holds a disproportionately important role in maintaining the dollars status as the worlds reserve currencyand that if America isnt careful,China could strip the dollar of that coveted status.
China isnt alone in preparing for the post-dollar world.
In March, China joined with Brazil, Russia, India and South Africa to create a BRICS bankto fund international development outside the purveyance of the U.S.-based financial system and the World Bank.
In March, China also announced a $30 billion currency swap with Brazil designed to make each nation less reliant on the U.S. dollar.
That same month, it also announced that it was concluding a deal with Australiato cut out the U.S. dollar middle man and conduct bilateral trade in yuan.
In this case, it seems to be Australia that is pushing for the deal.
The two countries conduct a whopping $120 billion in trade each year.
China is also bypassing the dollar in bilateral currency deals with Japan, India and Russia.
We are now in the late stages in the run-up to World War IIIlocked in a vicious currency war
that is getting ready to morph into a trade war.
And in todays high-speed electronic world, the train wreck will happen much faster.
The slide from currency war to trade war to hot war could be orders-of-magnitude fasterand orders-of-magnitude more damaging.
Experts say those countries that first devalue their currencies gain the most.
The same could be said about actual war.
Those countries that act firstsurprising their rivalsgain a distinct advantage.
When Japan surprise-attacked Pearl Harbor on Dec. 7, 1941,it hoped it would be a catastrophic blow to America,
and it could have been.
Today, most Americans have no idea an economic war is being waged, but they will soon.
Only this time, instead of awaking to the sound and images of bombs exploding over Hawaii,America risks awaking to the sounds of riots, images of frantic bankers and empty store shelvesand to newspaper headlines calling today
The Day the Dollar Died.
TOPICS: Business/Economy; Conspiracy; History; Society
KEYWORDS: currency; dollar; gold; ibtz; nationaldebt; ntsa; nuttery; preppers; shtf; silver
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Think "it couldn't happen" ?
The ILLEGAL ALIEN IN CHIEF and many, many others (including George Soros) have been planning it for many many years.
To: Yosemitest
Minor nitpicking: Bernanke won’t be Chairman of the Fed anymore by then, and the Dow has already seen the North side of 16000, so that’s not a record.
2
posted on
01/06/2014 1:21:20 AM PST
by
Little Pig
(Vi Veri Veniversum Vivus Vici.)
To: Little Pig
I agree, minor.
It was from the May/June 2013 Issue of a religious magazine.
But their scenario is very plausible, and I believe it's very likely to happen, and happen very soon..
3
posted on
01/06/2014 1:25:49 AM PST
by
Yosemitest
(It's Simple ! Fight, ... or Die !)
To: Little Pig
The names IN the story are NOT the story.
The story stands alone on its own merits.
4
posted on
01/06/2014 1:57:02 AM PST
by
knarf
(I say things that are true .. I have no proof .. but they're true.)
To: Yosemitest
I believe that some of the events in the story, or very similar to them, will happen. However, I think there is one fall back position the government is contemplating - and already planning for.
I think that if international forcing actions occur to call debt, devalue the dollar, subvert additional QE, etc., this government will seize existing assets of individuals.
Specifically, they will assess or completely take IRAs, 401Ks and other retirement account instruments and issue the aggrieved a ‘chit’ for a modestly increased Social Security payment when they retire.
They also can and likely will assess plain old wealth over a certain amount just like France has.
Obama will do this under Executive Order supplemented by drastic IRS and other agency extant rule interpretations and he’ll stick it out, daring others in government to do something about it.
Back in the early 70s, Richard Nixon implemented a 90 day wage and price freeze by fiat. It took some time for the case to work its way through the courts and be declared unconstitutional. I suspect in this case the trek would be much longer. And, with the current state of judicial ranks, I’d expect he’d have more than just a few collaborators in this scheme.
5
posted on
01/06/2014 2:45:58 AM PST
by
Gaffer
To: Gaffer
The Kenyan Turd and the Democrats have been scheming on HOW to do just that very thing for years.
THEY believe that it's their assets and NOT ours.
I believe that our only answer now, is fast moving, hot lead, applied to all the communists of any variety, as quickly as feasible.
6
posted on
01/06/2014 3:03:16 AM PST
by
Yosemitest
(It's Simple ! Fight, ... or Die !)
To: knarf
No, the names will have a non-trivial impact on the outcome. If Yellen takes over, she’ll have a different take on the Fed than Helicopter Ben does, and the market value is going to matter a lot in terms of how it behaves. If it really does hit a new record, probably somewhere above 18000, then a real cratering could well follow. If it sort of meanders down into the 13-14000 range, it may well just sort of fade, rather than fall over immediately.
7
posted on
01/06/2014 3:03:17 AM PST
by
Little Pig
(Vi Veri Veniversum Vivus Vici.)
To: Little Pig
She'll OBEY and follow the marching orders of the ILLEGAL ALIEN IN CHIEF.
8
posted on
01/06/2014 3:05:50 AM PST
by
Yosemitest
(It's Simple ! Fight, ... or Die !)
To: Yosemitest
9
posted on
01/06/2014 3:07:56 AM PST
by
djf
(Global warming is a bunch of hot air!!)
To: djf
10
posted on
01/06/2014 3:10:50 AM PST
by
Yosemitest
(It's Simple ! Fight, ... or Die !)
To: djf
Here's another I want to watch later.
11
posted on
01/06/2014 3:13:24 AM PST
by
Yosemitest
(It's Simple ! Fight, ... or Die !)
To: Yosemitest
The writing on the wall seems pretty clear at this point.
12
posted on
01/06/2014 3:15:00 AM PST
by
RC one
To: RC one
Some of us saw this coming many, many years ago.
Read
an article from Tom Fife and a comment from
thefife:
"This is my article revealing the factthat Soviet Russia knew about Obama in 1992
and was involved in grooming him to be the first Black and Communist President."
Here's Tom Fife's
article.
Tom Fife, an American computer networking specialist and international businessman, reported the alarming facts about the Kremlin’s connection to Barack Obama. The boast from a Communist Party official reportedly occurred during a business trip to Russia, 16 years before Barack Obama was ushered into the presidency of the United States.“It was like an elastic band snapping all the way from 1992,” Fife shakily admitted, upon recall of the exact moment he realized the Communist official had been telling the truth. “It was a very, very scary feeling.”
Fife, a physicist and computer engineer, had been traveling to Russia for a joint venture with a state-owned company when the shocking revelation was revealed to him. After several business meetings, Fife and his partner were invited to the company owner’s home at the end of the journey for a farewell dinner.
The owner’s wife was a Communist Party official and was “climbing two ladders”, as Fife puts it, one ladder being the KGB and the other being the traditional Russian society and business ladder. As the evening wore on, the female Communist official became increasingly agitated over a perceived slight and her emotions spilled over.
“You Americans like to think you’re so perfect!” she snarled. “Well, what if I told you that very, very soon you’re going to have a black president… and he’s going to be a Communist!”
The KGB operative was not finished. As she had now dropped this bombshell on the entire gathering, she felt compelled to continue.
“His name is Barack,” she sneered. “His mother is white and his father is an African black. He has gone to the best schools, he is what you would call ‘Ivy League’.”
Fife recalls being stunned and shocked at the words flowing from the Communist’s mouth as she continued to rattle off an incredibly precise set of details about this Communist operative who was to supposedly become president of the United States.
The Communist official then stated that he was from Hawaii, but would very soon be elected to the Chicago state legislature. This has turned out to be an eerily prescient prediction, as Barack Obama was not elected State Senator until 1996, a full 4 years afterwards, as he took Alice Palmer’s seat.
In 1992, Obama had recently graduated from Harvard Law School and accepted a position as a Fellow at the University of Chicago Law School.
Perhaps the most shocking revelation is how deep the Soviet Communist network has embedded itself into American political and educational culture. A quick review of Obama’s political “career” shows a track that wasinexplicably greased, from his tuition payments at Columbia and Harvard, to a position at UOC Law School, to his eventual electoral “victories” at the Illinois State Senate, United States Senate, and U.S. Presidency.
Barack Obama’s parents ostensibly met in a Russian language class. This could have been where his mother was recruited by Barack Obama Sr, who could have already been working undercover for the KGB.
In order to brainwash the child from an early age, they surrounded him with diehard Communists and fellow KGB agents, such as Frank Marshall Davis, a known Communist Party USA official. The Soviet KGB directly funded the CPUSA. This would fit directly into what the Russian Communist said about ‘Barack’, boasting “He has been raised to be an atheist and a communist.”
“He will be a blessing for world communism,” Fife recalled her saying, after getting over the initial shock of hearing the current president was a KGB agent.
The creepy prediction stayed with the physicist upon his return to the United States, although he paid it no mind until he began to hear of an swiftly rising political star named Barack Obama. When Fife learned that this same Barack was running in the 2008 presidential election, everything snapped into place and he knew he had to tell someone.
Today, Fife admits that it deeply disturbs him and that he has never been able to shake the ominous feeling of foreboding about what comes next, now that the KGB official’s prediction has come true.
“It never leaves you, having someone tell you that they’ve engineered the takeover of your country,” he admits. “It’s really quite scary.”
Let us remember ...
"You Americans are so gullible. No, you wont accept Communism outright.
But we will keep feeding you small doses of socialism
until you finally wake up and realize you already have communism.
We wont have to fight you; well so weaken your economy
that you will fall like over ripe fruit into our hands. "
Nikita Kruschev, Former Soviet Premier
There's NO "ENIGMA" ... to Barack Hussein Obama II.
The DemocratsNational Socialists, and FASCIST Obama are DOING IT ON PURPOSE!!!!
We were warned.
Obama tells Russian PM "After Election I Have More Flexibilty"
13
posted on
01/06/2014 3:25:45 AM PST
by
Yosemitest
(It's Simple ! Fight, ... or Die !)
To: Little Pig
14
posted on
01/06/2014 3:32:23 AM PST
by
knarf
(I say things that are true .. I have no proof .. but they're true.)
To: Yosemitest
To: KSCITYBOY
16
posted on
01/06/2014 3:37:20 AM PST
by
Yosemitest
(It's Simple ! Fight, ... or Die !)
17
posted on
01/06/2014 6:00:58 AM PST
by
Max in Utah
(A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.)
To: Yosemitest
All this, while the Chicoms are angling every possible way to engineer the Yuan to replace the USD as the world’s reserve currency. Great.
18
posted on
01/06/2014 6:15:48 AM PST
by
pingman
(In the Land of the Perpetually Outraged, truth is the enemy.)
To: pingman
And they are lead by the TRAITOR in the OVAL OFFICE.
19
posted on
01/06/2014 6:20:45 AM PST
by
Yosemitest
(It's Simple ! Fight, ... or Die !)
To: Gaffer
“Specifically, they will assess or completely take IRAs, 401Ks and other retirement account instruments and issue the aggrieved a chit for a modestly increased Social Security payment when they retire.”
Can’t speak for anyone else but I will then consider all federal gov tax obligation satisfied in perpetuity.
20
posted on
01/06/2014 6:43:39 AM PST
by
TalBlack
(Evil doesn't have a day job.)
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