You've added this video with the title
"Federal Reserve Monetizes U.S. Debt While Americans Cry over AIG Bonuses. Glenn Beck". To change this title, or add tags or comments,
click here.
The government's budget works just like yours at home. If you are accustomed to paying 8% interest on 200,000 dollars and you throw caution to the wind and go out find somebody to loan you 2,000,000 at 15% but your income has not increased but rather has decreased by 1/3, you will not be able to pay it back.
Now that's exactly what America is doing. Washington is borrowing from China and the UAE and Saudi Arabia at the same time they are printing and distributing a trillion more dollars which reduces the value of the dollar so that the interest rates rapidly increase on the amount we owe our debtors AS WE GO. This debt will never be paid off. China and Arabia and the UAE are going to foreclose on the loan guarantees Washington is signing away in order to convince them to loan us more money. Washington wrote into the last agreement rights to China to legally claim ownership of American businesses! PRIVATELY OWNED BUSINESSES!!!!
Get your head around these issues because they are destroying our national sovereignty BY DESIGN. They know what they are doing and don't care because their generation will not bear the cost. They are selling the future of this nation for personal profit and power. Your children will not know the rights and freedoms we've enjoyed. Rights and freedoms bought with the blood and wealth of many generations of Americans. This generation is not willing to pay the price to continue those rights and freedoms to the next generation. This generation doesn't care that the Liberal Democrat will destroy the grand experiment of American ideals. This generation doesn't even care enough to learn the process or cost of these policies. All that matters to the majority of this generation is that we are not called racist, that we are not held in disrepute in foreigners' opinion, that 'do-something' mandate has more and more money thrown at education and poverty no matter the evidence that government money makes them worse.
Can you say hyperinflation? We have basically just printed one trillion dollars over night, is that not crazy? I've heard the FED Chair Ben Bernanke talk about this before, about how they will star...
Now that's exactly what America is doing. Washington is borrowing from China and the UAE and Saudi Arabia at the same time they are printing and distributing a trillion more dollars which reduces the value of the dollar so that the interest rates rapidly increase on the amount we owe our debtors AS WE GO. This debt will never be paid off. China and Arabia and the UAE are going to foreclose on the loan guarantees Washington is signing away in order to convince them to loan us more money. Washington wrote into the last agreement rights to China to legally claim ownership of American businesses! PRIVATELY OWNED BUSINESSES!!!!
Get your head around these issues because they are destroying our national sovereignty BY DESIGN. They know what they are doing and don't care because their generation will not bear the cost. They are selling the future of this nation for personal profit and power. Your children will not know the rights and freedoms we've enjoyed. Rights and freedoms bought with the blood and wealth of many generations of Americans. This generation is not willing to pay the price to continue those rights and freedoms to the next generation. This generation doesn't care that the Liberal Democrat will destroy the grand experiment of American ideals. This generation doesn't even care enough to learn the process or cost of these policies. All that matters to the majority of this generation is that we are not called racist, that we are not held in disrepute in foreigners' opinion, that 'do-something' mandate has more and more money thrown at education and poverty no matter the evidence that government money makes them worse.