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To: Ooh-Ah

Great, we will probably all borrow from the IMF to. As if our own FED isn’t enough of a problem, we will have to deal with it on a global level. This just shows the far left hates language borders and culture and want total globalization.


10 posted on 06/24/2009 1:06:45 PM PDT by RebelYell1990
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To: RebelYell1990; Ooh-Ah; bamahead

“So what is funding government? Tax researcher Richard Standring believes the U.S. funds itself with loans from the International Monetary Fund (IMF).

The IMF?
The IMF was created at the United Nations Monetary and Financial conference in Bretton Woods, New Hampshire, July 12, 1944. Per Title 22, Section 286 U.S. Code, the U.S. became an IMF member in 1945.

Standring followed checks naming the IRS as the payee. He claims the checks go to a Federal Reserve bank, a private banking institution that has never been audited. The money then goes to the International Bank for Reconstruction and Development and is deposited into what is called a “Quad Zero” account. It is from this account that IRS tax refunds are distributed (per 22 USC 286 and 31 CFR 11, section 214.7).

According to Standring’s research, whatever is left over is then transferred to the IMF. From there the money is redistributed among countries throughout the world—including the U.S.—in the form of loans. These loans must then be paid back to IMF bankers at interest.

According to the U.S. Bureau of the Public Debt, Americans were in the red $1.663 trillion in 1984. Twenty years later the debt has increased nearly five-fold to $7.1 trillion”

http://truthintaxation.us/?tax_inform=whereTaxesGo


31 posted on 06/24/2009 1:40:22 PM PDT by wolfcreek (KMTEXASA!)
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