Dedicated to Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi (March 3, 1882 January 18, 1949)
Sing a song of malfeasance, A District full of lies, Four and twenty black swans, Baked in their pies.
To: concernedcitizen76
2 posted on
04/22/2015 2:13:31 PM PDT by
TBP
(Obama lies, Granny dies.)
To: concernedcitizen76
Hey everything is going to be just fine.
Until the very moment the market decides to stop loaning trillions.
That moment.
Then everything is much less fine. Forever. Deadly.
KYPD.
3 posted on
04/22/2015 2:16:10 PM PDT by
Uncle Miltie
(I want the Halal butcher to cut up my pig. If he doesn't, I'm filing charges.)
To: concernedcitizen76
As least former POTUS Carter has to be happy.... he is no longer the worse president in US history.
4 posted on
04/22/2015 2:16:12 PM PDT by
clee1
(We use 43 muscles to frown, 17 to smile, and 2 to pull a trigger. I'm lazy and I'm tired of smiling.)
To: concernedcitizen76
Nice graphics. The astonished look on Lady Liberty’s face is a nice touch.
5 posted on
04/22/2015 2:16:17 PM PDT by
Nervous Tick
(There is no "allah" but satan, and mohammed was his demon-possessed tool.)
To: concernedcitizen76
Cassius:
“Default, dear Brutus, is not in our stars,
But in our future ...”
Julius Caesar (I, ii, 140-141)
7 posted on
04/22/2015 2:18:44 PM PDT by
ClearCase_guy
("Victim" -- some people eagerly take on the label because of the many advantages that come with it.)
To: concernedcitizen76
Ponzi learned his trade in Wichita Falls, Texas, from Kell and Kemp back in the oil boom days of the 191—20’s.
To: concernedcitizen76
Don’t worry about the debt anymore. I just read an article about JPMorgan not accepting cash for payments anymore.
The banks want virtual currency.
Zeros on a computer screen. With an unlimited amount of credits, you can have an unlimited amount of currency.
Most people thinks its about tracking cash but it’s about an unlimited amount of virtual zeros and no more bank failures.
Wake up people, it’s the brave new world and we’re all falling for it like lined up dominos.
15 posted on
04/22/2015 2:34:38 PM PDT by
lucky american
(Progressives are attacking our rights and y'all will sit there and take it.)
To: concernedcitizen76
Starting with 100 packets of $10,000 (100 $100 bills)
Video
17 posted on
04/22/2015 2:41:02 PM PDT by
P.O.E.
(Pray for America)
To: concernedcitizen76
Just out of idle curiosity...what would happen if the U.S. just wrote off their debt and stated that we didn’t owe anybody anything???
21 posted on
04/22/2015 2:53:37 PM PDT by
terycarl
(common sense prevails over all)
To: concernedcitizen76
33 posted on
04/22/2015 3:59:27 PM PDT by
Pagey
(HELL is The 2nd Term of a POTUS who uses the terms “social justice” and “fair distribution".)
To: concernedcitizen76
“Unfunded just means we don’t have to pay for it.” -Washington DC
To: concernedcitizen76
That isn’t really debt - just a huge pile of political promises that will never be kept.
40 posted on
04/22/2015 5:41:25 PM PDT by
Mr. Jeeves
(Heteropatriarchal Capitalist)
To: concernedcitizen76
I don’t understand how it’s holding together this long.
49 posted on
04/22/2015 7:01:08 PM PDT by
stevio
(God, guns, guts.)
To: concernedcitizen76
The magic of fractional reserve banking, a concept that originated centuries ago when Medieval goldsmiths devised paper script for gold held on deposit for safe keeping. The idea is based on the idea that not everybody would call for their gold at the same time. A commercial bank A receives a deposit of $100. As required by the Federal Reserve, Bank A retains $10 (10% of 100) as fractional reserve and lends out $90. Money supply increases by $90. Borrower spends the $90, and recipient deposits the $90 into Bank B. Bank B, as required, retains $9.00, and lends out remaining $81 which is spent. Money supply increases by another $81. Recipient of $81 deposits the $81 into Bank C. Bank C retains $8.10, lends out remaining $72.90 which is spent. Money supply further increases by $72.90. Recipient deposits the $72.90 into Bank D. Bank D retains 10% of the $72.90, or $7.29, and lends out remaining $65.61 which is spent. Money supply increases again by $65.61. Through the magic of fractional reserve banking, the original $100 deposited has increased the money supply in this example by $309.51 ($90 + $81 + 72.90 + 65.61).
57 posted on
04/23/2015 11:21:43 AM PDT by
concernedcitizen76
(Term limits. Repeal the 16th and 17th amendments. Sunset bureaucracies.)
To: concernedcitizen76
That graphic with the Statue of Liberty is really incredible.
74 posted on
04/27/2015 8:22:59 PM PDT by
SaveFerris
(Be a blessing to a stranger today for some have entertained angels unaware)
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