Let me see if the fog of confusion can be lifted here. First off, we do not owe $16.5 Trillion. The mafia claim’s against We The People cannot be proven. We have rights under Federal Law. That right is called the Fair Debt Collections Practices Act (FDCPA). This Federal Law guarantees debtors the right to demand proof of debt owed. If the debt cannot be proven, the debt is assumed invalid. We The People demand an itemized statement to Prove The Debt Owed. Under FDCPA the creditors MUST provide The People proof of debt, or it is invalid. THEY CANNOT PROVE IT! Stop falling for it.
Hey, most of the creditors are now domestic. By doing QE, the FED has essentially been buying the vast majority of treasury bonds, not just the ones that are recently issued, but also the ones that are up for sale. That includes China’s. China has been able to get rid of its US Treasury Bonds, and over time most of the outstanding Treasury bonds will be owned by the Fed. What remains is a ridiculous amount of US dollars and high inflation which is already upon us (the CPI # is such a fraud it’s not funny - does not count food, energy, healthcare, and takes liberty of using technological progress to add deflation within the number).
Hey, most of the creditors are now domestic. By doing QE, the FED has essentially been buying the vast majority of treasury bonds, not just the ones that are recently issued, but also the ones that are up for sale. That includes China’s. China has been able to get rid of its US Treasury Bonds, and over time most of the outstanding Treasury bonds will be owned by the Fed. What remains is a ridiculous amount of US dollars and high inflation which is already upon us (the CPI # is such a fraud it’s not funny - does not count food, energy, healthcare, and takes liberty of using technological progress to add deflation within the number).
Man, you just don’t get it. “They” (The Obama administration) can now do what ever they want to! Forget the rule of law, they do what they want to and make up the rules as they go along. Who will stop them? Congress, the courts? If you believe that, you must have been asleep for the past four years. Constitution, what Constitution?
You misunderstand the dynamic.
No one has to prove anything to you.
It simply needs to be proven to an enforcement agency (in this case, the IRS will do), and you will be brought to an understanding.
It's all very tidy.
But all the laws that protect We the People are thrown out of the windows already - case in point - obozo gave all the GM money to his beloved unions and left the legitimate shareholders high and dry!
Good luck trying to find the federal judge who will uphold this FDCPA law!
If the mafia decides you owe $16(K, M, B, T) they are inclined to inform you, then opine “that’s a nice home/business/spouse/kid/art/etc you’ve got there, would be a shame if something happened to it” and proceed to make you an offer you can’t refuse.
If their kind can pull this with a Supreme Court Chief Justice, why would you think they can’t with you?