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Freepers Still Love war Parody ... Jump / Trump --- van Halen jump "The Democrat Meltdown Continues" "Yes, We Need Deportations Without Due Process" "Trump's Tariff Play Smart, Strategic, Working" "Leftists Make Desperate Attempt to Discredit Photo of Abrego Garcia's MS-13 Tattoos. Here Are Receipts" "Trump Administration Freezes $2 Billion After Harvard Refuses to Meet Demands"on After Harvard Refuses to Meet Demands "Doctors Committing Insurance Fraud to Conceal Trans Procedures, Texas Children’s Whistleblower Testifies" "Left Using '8647' Symbol for Violence Against Trump, Musk" KawasakiÂ’s new rideable robohorse is straight out of a sci-fi novel "Trade should work for America, not rule it" "The Stakes Couldn’t Be Higher in Wisconsin’s Supreme Court Race – What’s at Risk for the GOP" "How Trump caught big-government fans in their own trap" ‘Are You Prepared for Violence?’ Greek Orthodox Archbishop gives President Trump a Cross, tells him "Make America Invincible" "Trump signs executive order eliminating the Department of Education!!!" "If AOC Is the Democratic Future, the Party Is Even Worse Off Than We Think" "Ending EPA Overreach" Closest Look Ever at How Pyramids Were Built Moment the SpaceX crew Meets Stranded ISS Crew The Exodus Pharaoh EXPLAINED! Did the Israelites Really Cross the Red Sea? Stunning Evidence of the Location of Red Sea Crossing! Are we experiencing a Triumph of Orthodoxy? Judge Napolitano with Konstantin Malofeev (Moscow, Russia) "Trump Administration Cancels Most USAID Programs, Folds Others into State Department" Introducing Manus: The General AI Agent "Chinese Spies in Our Military? Straight to Jail" Any suggestion that the USA and NATO are "Helping" or have ever helped Ukraine needs to be shot down instantly "Real problem with the Palestinians: Nobody wants them" ACDC & The Rolling Stones - Rock Me Baby Magnus Carlsen gives a London System lesson! "The Democrats Are Suffering Through a Drought of Generational Talent" 7 Tactics Of The Enemy To Weaken Your Faith Strange And Biblical Events Are Happening Every year ... BusiesT casino gambling day -- in Las Vegas Trump’s DOGE Plan Is Legally Untouchable—Elon Musk Holds the Scalpel Palestinians: What do you think of the Trump plan for Gaza? What Happens Inside Gaza’s Secret Tunnels? | Unpacked Hamas Torture Bodycam Footage: "These Monsters Filmed it All" | IDF Warfighter Doron Keidar, Ep. 225 EXPOSED: The Dark Truth About the Hostages in Gaza New Task Force Ready To Expose Dark Secrets Egypt Amasses Forces on Israel’s Southern Border | World War 3 About to Start? "Trump wants to dismantle the Education Department. Here’s how it would work" test "Federal Workers Concerned That Returning To Office Will Interfere With Them Not Working" "Yes, the Democrats Have a Governing Problem – They Blame America First, Then Govern Accordingly" "Trump and His New Frenemies, Abroad and at Home" "The Left’s Sin Is of Omission and Lost Opportunity" "How Trump’s team will break down the woke bureaucracy" Pete Hegseth will be confirmed in a few minutes Status: Not Logged In; Sign In Economy See other Economy Articles Title: A very secret agent Source: A very secret agent URL Source: http://www.atimes.com/atimes/Global_Economy/MG27Dj02.html Published: Jul 27, 2011 Author: Chris Cook Post Date: 2011-07-28 10:16:46 by lucysmom Keywords: Fiat Currency, Fed Created Tax Credit Views: 51081 Comments: 80 There is a charade playing out in Washington at the moment in respect of the completely meaningless "debt ceiling" which the US maintains as a relic from the days of the gold standard. We are told that at the US Treasury's account at the Federal Reserve Bank there will soon be no more taxpayers' dollars, and therefore the Fed will soon be unable to make any more payments or issue any more cheques on behalf of the Treasury. The money has run out. This is nonsense. It is a myth, and moreover it is a myth that Federal Reserve chairman Ben Bernanke exploded in his recent testimony to a US congressional committee. Asia Times">Click for Full Text! Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 53. #1. To: lucysmom (#0) The federal reserve is unconstitutional. Close it down, put the perps on trial and execute them for fleecing us. I'm saying they should be executed for treason. Dammit where is Andrew Jackson when we need him. A K A Stone  posted on  2011-07-28   10:18:47 ET  Reply   Untrace   Trace   Private Reply   #5. To: A K A Stone (#1) The federal reserve is unconstitutional. Perhaps you are getting the Articles of Confederation confused with the US Constitution? lucysmom  posted on  2011-07-28   10:30:56 ET  Reply   Untrace   Trace   Private Reply   #6. To: lucysmom (#5) The Federal Reserve is Unconstitutional. As is the 16th Amendment authorizing Income Tax. W/o which the FedRes is toothless. mcgowanjm  posted on  2011-07-28   10:33:44 ET  Reply   Untrace   Trace   Private Reply   #23. To: mcgowanjm (#6) As is the 16th Amendment authorizing Income Tax. Direct taxes must be Constitutionally apportioned to your State by the proportion of your State's representation (Art.1, Sect.2, Clause3 & Art1, Sect.9, Clause4). -- And, NO. The 16th amendment did not change this, the 16th amendment did not alter, add or remove any words from the original constitution, and the US Supreme Court confirmed in Stanton v. Baltic Mining Co. 240 US 103 (1915) that "… the 16th amendment conferred no new powers of taxation" Capitalist Eric  posted on  2011-07-28   11:56:31 ET  Reply   Untrace   Trace   Private Reply   #43. To: Capitalist Eric (#23) Boehner Humiliated. Mask Ripped. Capitalism morphs to Kleptocracy. Then Plutarchy. Empire or Democracy. You chose Empire. Too bad. Game Over. mcgowanjm  posted on  2011-07-29   8:25:45 ET  Reply   Untrace   Trace   Private Reply   #53. To: mcgowanjm (#43) Boehner Humiliated. Mask Ripped. Capitalism morphs to Kleptocracy. Then Plutarchy. Empire or Democracy. True up to this point. You chose Empire. NOT. I fall into the "Libertarian" view of things... kinda' like the "Dead White Guys" who wrote our constitution, and philosophers like John Locke... I don't fall into the typical "L vs. R" false dichotomy. Capitalist Eric  posted on  2011-07-29   13:39:53 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 53. #65. To: Capitalist Eric (#53) (Edited) I don't fall into the typical "L vs. R" false dichotomy. Me neither...;} www.theburningplatform.com/?p=19304 "The mainstream media acts as if not raising the debt ceiling by next Tuesday will result in America defaulting. This is a crock. America chose to proceed on a path to default decades ago. We are just finally reaching our destination. Below are the choices we made as a people and a country to default on our obligations and eventually destroy our country:" Which is why we were so upset with Reagan. His Election and then Poppy coming in 3 months later after Reagan shot is the moment the USSA defaulted. Choosing Empire. Disenfranchising the Middle Class." " * As you can see, next Tuesday means nothing. The debt ceiling means nothing." We defaulted 30 years ago. The Ponzi's over now. mcgowanjm  posted on  2011-07-29 22:38:50 ET  Reply   Untrace   Trace   Private Reply   End Trace Mode for Comment # 53. 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