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Monthly Archives: October 2013
“Oh, Bummer / Obama”
In case you missed it, this will soon be #1!
Listen to a new hit song, sweeping the country.
The 50’s hit, will never be the same.
(Make sure sound is ON. then, Click on “Oh, Donna” below ):
‘Dollar valueless, about to crash’ – World Bank Whistleblower
Published on Oct 8, 2013
The US government shutdown – a temporary ailment or a symptom of a grave disease?
Are the Republicans right in their move to block Obamacare spending? Who gains from the shutdown turmoil?
Do the politicians care about their citizens?
Our guest comes from the very heart of the banking system: Karen Hudes was World Bank lawyer when she blew the whistle on major corruption cases in the system and was fired as a result.
For FULL TRANSCRIPT of the interview click here: http://on.rt.com/ue0xat
RT LIVE http://rt.com/on-air
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You are about to learn one of the
biggest secrets in the history of the
world… it’s a secret that has huge
effects for everyone who lives on
this planet. Most people can feel
deep down that something isn’t
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but few know what it is.
Gone are the days where a family
Gone are the days where a family
can survive on just one paycheck…
every day it seems that things are
more and more out of control, yet
only one in a million understand why.
You are about to discover the
system that is ultimately responsible
for most of the inequality in our world
The powers that be DO NOT want you
to know about this, as this system is
what has kept them at the top of the
financial food-chain for the last 100
Learning this will change your life,
because it will change the choices that
you make. If enough people learn it,
it will change the world…because it
will change the system.
For this is the biggest Hidden Secret
Never in human history have so many
Never in human history have so many
been plundered by so few, and it’s all
accomplished through this…The Biggest
Scam in the History of Mankind.
Video (about 30 mins):
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By Tom Howell Jr. The Washington Times
Sunday, October 13, 2013
The chief of the International Monetary Fund said Sunday the United States’ stalemate over spending and its debt limit is “very, very concerning” and has rocked the organization’s annual meeting in Washington.
Christine Lagarde said things had been looking up around the world. Speaking with hundreds of finance ministers around the world, they believed that Japan had turned the corner, and that economies in the United States and Europe were on the upswing.
“And then they found out that the debt ceiling was the issue,” she told NBC’s Meet the Press. “They found out that the government had shut down and that there was no remedy in sight. So it really completely transformed the meeting in the last few days.”
Ms. Lagarde also threw cold water on claims by some GOP lawmakers that Thursday’s deadline to raise the debt limit is not consequential, since it might not lead to automatic default on the country’s debts.
She said “creative accounting is not the solution, and markets know that.”
“One thing we’re certain around the table, it was that if there is that degree of disruption, that lack of certainty, that lack of trust in the U.S. signature, it would mean massive disruption the world over, and we would be at risk of tipping yet again into a recession,” Ms. Lagarde said.
She said the United States has to get serious about entitlement spending down the road, but that slashing spending in the near-term could be counterproductive.
“Hurry up because measures have to be taken now to deal with entitlements, as you suggested, because there is a level of entitlement coming up and big liabilities coming up as well in terms of interest payment,” she said. “But we say slow down because the point is not to contract the economy by slashing spending brutally now as recovery is picking up.”
Watch the video interview of Larry Klayman:
Friday, October 11, 2013 17:12
Truckers who were riding in the viral “Ride For The Constitution” were threatened with arrest according to Larry Klayman, founder of Judicial Watch and Freedom Watch, and former Department of Justice prosecutor. Klayman revealed to MRCTV in this exclusive interview below that the truckers were not only allegedly threatened with arrest but that they were warned to stay out of Washington D.C., too.
Apparently, watching members of the Greatest Generation getting manhandled while they tried to visit the war memorial that was built to honor them and the friends they lost during WWII, was just too much for some members of our veteran’s community. A group calling itself the “Million Vet March On The Memorials” is planning a march on Washington, D.C. to take place on October 13, 2013 at 9:00 am.
The following comes from their website.
“We are all military brats, current and former military spouses and some veterans. We cannot express how utterly disappointed we were that our Greatest Generation were being used as political pawns in the ongoing government shutdown and budget crisis. This should never be the case.
We do not care what political leanings you may be; be it liberal, conservative, Democrat, Republican, Libertarian, Independent or whatever. The actions of the U.S. government this week with regard to barricading and shutting down the World War II Memorial to veterans, that may or may not be on their last trip to Washington DC, is a despicable act of cowardice.
Veterans this week were unwillingly pitted as pawns in this crisis. We feel that this should never be the case. This is why we will go to Congress after the budget crisis and ask for a bill to be introduced that would prevent any member of the government from closing our memorials down to any American, except for maintenance purposes. In the meantime, we will have our March in Washington DC on October 13th! Our veterans deserve that!
Many in our group have decided that enough is enough. We are Americans. We are proud of our heritage and our service. As all of us were military brats and spouses, we have served in some form or another our entire lives. This is our way of life. We will not stand by and let the U.S. government dishonor the legacy of sacrifice of the generations before us. It is time to make a stand! We hope that you will join us in our peaceful rally against anti-American policies. It doesn’t take anything other that!”
Not only do they have a website, but they also have a Facebook page that has exploded in popularity. They started the Facebook page back on October 4th, and they’ve already accumulated over 20,000 fans in just three short days.
If you want to help out our vets, go and sign the Million Vet March petition which is asking that the memorials to our veterans be reopened.
Wednesday, October 9, 2013
Pray that the protecting hands of Almighty God will cover all who go to DC from all planned attacks by the criminal cabal ……….
REMEMBER – THERE ARE 2 CONSTITUTIONS – the one TRUE original organic Constitution of our Republic, the united (union of Republic) States of America – this is the Constitution the truckers are supporting
and the fraudulent ‘constitution’ as rewritten by the criminal organization that calls itself THE UNITED STATES OF AMERICA, a private corporation
By Onan Coca / 9 October 2013
This weekend, October 11 – 13, Truckers Ride for the Constitution plan on driving into Washington, D.C. and shutting down the beltway (the I-495 loop which encircles D.C.) with their big rigs. Their Facebook page, really says it all…
The American people are sick and tired of the corruption that is destroying America! We therefore declare a GENERAL STRIKE on the weekend of October 11-13, 2013! Truck drivers will not haul freight! Americans can strike in solidarity with truck drivers!
Earl Conlon is a trucker from Georgia who is handling the logistics for the crusading truckers, and when asked about the purpose of the trip he had this to say: “We are coming whether they like it or not. We’re not asking for impeachment, we’re asking for the arrest of everyone in government who has violated their oath of office.” Conlon cited the idea of a citizens grand jury – meaning a pool of jurors convened without court approval – as the mechanism for indicting the officials. “We want these people arrested, and we’re coming in with the grand jury to do it,” he said. “We are going to ask the law enforcement to uphold their constitutional oath and make these arrests. If they refuse to do it, by the power of the people of the United States and the people’s grand jury, they don’t want to do it, we will. … We the people will find a way.” The truckers believe that there are quite a few politicians in Washington, D.C. who have failed to uphold their oath of office, and it’s time that these people had their day in court. If their website is any indication, the Truckers will be showing up with quite a bit of support come Friday, October 11th. The ride organizers say that over 3,000 truckers have RSVP’d their support, which means that the usually terrible traffic in D.C. will likely be monumentally bad come Friday rush hour. But no worries for those of you who have to commute through the mess that will be the Beltway Loop, the truckers have some great advice for you. The truckers circling I-495 will keep the left lane open for emergency vehicles, Conlon said, but “everybody that doesn’t have a supporter sticker on their window, good luck: Nobody in, nobody out.” The trucks will be going the 55 mile-per-hour speed limit. D.C. commuters who wish to be allowed past the convoy must have “T2SDA” – an acronym for the event’s original name, “Truckers to Shut Down America” – written on their vehicle, he said. The truckers also have a message for Capitol City police. Just leave them alone, and it will all be over quickly. “If cops decide to give us a hard time, we’re going to lock the brakes up, we’re going to stop right there, we’re going to be a three lane roadblock,” Conlon said.
Coincidentally, the Truckers event will be taking place on the same weekend that a group calling itself the Million Veterans March on the Memorials will be taking place. If both groups can muster up a healthy number of supporters, it may help wake up some ridiculously inattentive politicians. The American people have grown tired of the games being played with our money, our liberty, and our futures. D.C. can expect to see many more demonstrations like these if the politicians don’t get their heads out of the sand.
Roll Over Plan: Treasury Needed to Pay Off Record $7.5T in Maturing Debt in FY 2013, Issued $8.3T New Debt; Increased Net Debt $777B
October 7, 2013 – 5:44 PM By Terence P. Jeffrey – See more at: http://cnsnews.com/news/article/terence-p-jeffrey/roll-over-plan-treasury-needed-pay-record-75t-maturing-debt-fy-2013#sthash.k4JJLmic.dpuf
(CNSNews.com) – The U.S. Treasury needed to pay off a record of approximately $7,546,726,000,000 in maturing Treasury securities in fiscal 2013, which ended last Monday, according to Treasury’s official accounting.
During the same period, the Treasury turned around and issued another $8,323,949,000,000 in new Treasury securities.
The spread between the old debt held by the public that matured and was paid off during the fiscal year and the new debt that was sold to cover government spending over and above tax revenues, increased the net federal government debt held by the public by $777.223 billion during the fiscal year.
In the previous fiscal year, 2012, the Treasury had needed to redeem only $6,804,956,000,000 in Treasury securities, but then it needed to turn around and issue $7,924,651,000,000 in new securities—increasing the net debt held by the public by $1.119695 trillion.
The Treasury was forced to redeem a record amount of old debt in fiscal 2013, even though the debt did not increase as much as it had in fiscal 2012, because a large portion of the debt is composed of shorter-term Treasury bills and notes, for which the government can pay a lower interest rate than it would need to pay on longer term Treasury bonds.
Treasury bills have maturities of anywhere from a few days to 52 weeks. Treasury notes have maturities of between two years and ten years. Treasury bonds have maturities of 30 years. And the Treasury also sells Treasury-Inflation Protected Securites (TIPS), which have terms of 5, 10 or 30 years.
In September 2013, the average interest rate the Treasury paid on Treasury bills was 0.074 percent. The average interest rate it paid on Treasury notes was 1.808 percent. The average interest rate it paid on inflation-protected securities was 1.084 percent. And the average interest rate it paid on 30-year Treasury bonds was 5.101 percent.
That means the interest rate the Treasury needed to pay on its long-term bonds was about 69 times as great as the interest it paid on its short-term bills.
As of the end of fiscal 2013, the U.S. government’s marketable debt held by the public was approximately $11,577,400,000,000. That included approximately $7,750,336,000,000 in medium-term Treasury notes, $1,527,909,000,000 in short-term Treasury bills—and only approximately $1,363,114,000,000 in 30-year Treasury bonds.
The Treasury’s medium and short-term low-interest notes and bills accounted for about $9,278,245,000,000—or 80 percent—of the government’s $11,577,400,000,000 debt held by the public.
Thanks to the short-term, quick-roll-over nature of most of the federal government’s marketable debt, the average interest rate the government’s marketable debt was just 1.981 percent in September.
In January 2000, it was 6.620 percent—or 3.3 times as great as it is now.
Here, in millions of dollars, are the recent figures for the value of the debt held by public that Treasury redeemed and issued each fiscal year, and the net increasde in that debt:
……………………Redeemed Issued Increase
2013 7,546,726 8,323,949 777,223
2012 6,804,956 7,924,651 1,119,695
2011 7,026,617 8,078,266 1,051,649
2010 7,206,965 8,649,171 1,442,206
2009 7,306,512 9,027,399 1,900,887
2008 4,898,607 5,580,644 682,037
2007 4,402,395 4,532,698 130,303
2006 4,297,869 4,459,341 161,472
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