Is the U.S. Government Willfully Trying To Destroy Our Reserve Currency Status?
It would appear so.
Many years ago now, I named this blog "Frankenstein Government." I did that as the United States Government, Hank Paulson, and a host of other cowardly government banker types helped themselves to a one trillion dollar taxpayer funded bailout.
Only in America of the 2008 variety, could you commit all sorts of felonies and fraudulent acts and escape prosecution thanks to Barack Obama. The minions grumbled a bit and then went away. Like they always do.
On this day, in 2008, we were nearly 10 trillion in debt. https://www.usdebtclock.org/2008.html
Some 15 years later, we are now 32 trillion in debt. https://www.usdebtclock.org/
That cumulative cash burn smoothed out over 15 years is pretty close to 1.5 trillion a year. An enormous amount of spending, deficits, and debt accumulation. Now I don't want to get sidetracked here with "where did that money go" because we can't do anything about that.
If you are a real numbers geek, you can look here at the Congressional Budget Office historical view of debt accumulation presented on an excel spreadsheet. https://www.cbo.gov/data/budget-economic-data#3
So the question soon becomes, how did we land here? Was it an accident or was it purposeful?
I can't escape the possibility that our leadership, Yale grads, Harvard grads, and the current bottom of his class Syracuse numb skull, practice absolute indifference. Of course, you don't sign these bills in a vacuum, you must have some congressional support before they reach your desk like the Inflation Reduction Act- which will do precisely the opposite of it's stated intent. Slammed through before the new Republican majority in the house could get sworn in.
But what if it's worse than that? What happens when we replace indifference with willfully deliberate? Or intentional? What if our leadership is willfully trying to destroy the dollar's reserve currency status?
What if one world currency has always been the goal?
I simply can't escape the possibility that destroying the dollar has always been the goal of the world's elite. It's a concept I was first introduced to in the late 80's. You can't replace the dollar unless you kill it first. There is no better way to kill the dollar than by spending profane amounts, piling on debt, raising stagflation and inflation concerns which results in default or bankruptcy. As things reach crisis proportions- then suddenly we are introduced to some new form of currency. Perhaps it will even be digital. Citizens will be left no choice but to accept this new currency as penitence for our government's willful spending depravity. So kill the dollar. That may have always been the plan.
Right now, companies in Germany that have been manufacturing for decades, even centuries are closing their doors because of energy costs. BASF, a massive fertilizer company, has scaled back operations resulting in famine situations in Africa. And spreading.
We're a paper(literally) tiger and our bluff is being called. Saudi oil is now being paid for sans petro dollars. That's a huge hit. When I talk to people about the consequences of losing the dollar as the reserve currency, they cock their heads like my dog does when she hears a strange noise. They don't get it. $8 eggs isn't enough of a cluebat. Maybe when there just aren't any, which will happen when the cost of goods sold out strips any potential profit.
But don't worry, legacy media will be on the scene to play it off as "transitory" or some such bullshit.
We've been using the threat of loosing the CIA or hordes of bombers to sell our T Bills. Which was fine I guess as long as they were truly backed by something solid. This ESG bullshit has cut that solid shit off at the knees. And what's now a small turning away is sure to turn into selling pennies on the dollar.
All self inflicted. Putin and Xi gotta be having a grand old time but still disbelieving our idiocy.
Nothing gets fixed until our elections are fair. And that means a river of blood. Period. Next time around, which I won't be alive to see, let's not be so free with who can vote. We had it right for a few 100 years. Socrates warned about this 1,000s of years ago.
Because a lot of those people, albeit using an incorrect process seeking :constitutional" sovereign status, predicted this financial ruin.
So one of the reasons for trying to get out of the system was to no longer fund the obvious coming financial ruin.
The reason it was an incorrect process is because those movements were trying to use the COTUS which is the private intellectual property of the original We the People, and they’re Legal bloodlines Posterity. The COTUS is diplomatic immunity, for those people. Not for citizens..
A citizen can achieve diplomatic immunity through the U.S. State Department and the United Nations. By mirroring what those people did in your own words, not theirs. It's known as the Universal Right of Self Determination. Two people get together and formulate their own Charter and apply for diplomatic immunity, the process takes about 30-60 days. Then you're a Founder of your own deal, your own corporate intellectual property, based on the U.N.s Human Rights charter that states that all people have the right to Self Determination.
Here’s another reason, perhaps you’ll understand, back then I was making in three months what you made in a year. I Was sick of the IRS and the State ripping me off. It was incredible how much they would steal right off the top. The process above eliminates that taking of what I created with my hands.
It wasn’t just about license plates and drivers licenses, it was about a 12 year war with the IRS. I remember that stupid prosecutor smirking at me back then like I was some damned fool. And Jeff Frost acting like he’d love to do me in.
But you know what, in the end I won. But now, the system is going down. That smirking attorney and Frost are likely losing everything shortly..
Freedom as this world understood it is over. I often think of the movie Heat, and the saying Robert Deniro uses in the film;
"Don't let yourself get attached to anything you are not willing to walk out on in 30 seconds flat if you feel the heat around the corner."
What do these freaks running this shit show really want? EVERYTHING including your soul.
Phil Marsh said thirty years ago the U.S. citizenry are funding the rope the bankers will use to hang them all them with..
I hesitate to turn others onto your well written insights. Going viral ain't all it's cracked up to be. Right now here is a nice town square. I remember when CTH was just starting. Now there are 1,000s of comments, many inane. And that's from a pretty well informed group of people. I guess that's OK as if you haven't read sundance, he's a very sharp political observer.
Speaking of informed, I was doing some work for a guy and I asked what he wanted, meaning about the work I was doing. He said "freedom for Ukraine" and was serious as a heart attack. The ignorance in those 3 words meant there was absolutely nothing I could say to him that might inform him as to why he's an idiot.
Here's an interesting article about the winner of the arms race. Hint, it ain't us with almost a trillion/year getting poured into the MIC.
Where's All The Freedom
I'm reminded of one of Bracken's novels, future dystopias, about how the US loses its fleet in some stupid last gasp of attempting to remain relevant.
I seem to think it was his last, but they're due for a re-read one day.
Andrew in Ohio
We've been putting it GOOD & HARD to them for a century, payback is gonna be a bitch.
It will either be one of the biggest distractions ever or a component of the Four Horsemen. I am prepared either way.
Performed By Mike Daviot, Written, Directed and Produced By: Craig-James Moncur
Hello, my name is Montague William 3rd.
And what I will tell you may well sound absurd.
But the less who believe it the better for me.
For you see I’m in Banking and big industry.
For many a year we have controlled your lives.
While you all just struggle and suffer in strife.
We created the things that you don’t really need.
Your sports cars, and fashions, and Plasma TV’s.
I remember it clearly how all this begun.
Family secrets from Father to Son.
Inherited knowledge that gives me the edge.
While you people lie sleeping at night in your beds.
We control the money that controls your lives.
Whilst you worship false idols and wouldn’t think twice.
Of selling your souls for a place in the sun.
These things that won’t matter when your time is done.
But as long as they’re there to control the masses.
I just sit back and consider my assets.
Safe in the knowledge that I have it all.
While you common people are losing your jobs.
You see I just hold you in utter contempt.
But the smile on my face well it makes me exempt.
For I have the weapon of global TV.
Which gives us connection and invites empathy.
You would really believe that we look out for you?
While we Bankers and Brokers are only a few.
But if you saw that then you’d take back the power.
Hence daily terrors to make you all cower.
The Panics, the crashes, the wars, and the illness.
That keep you from finding your Spiritual Wholeness.
We rig the game and we buy out both sides.
To keep you enslaved in your pitiful lives.
So go out and work as your body clock fades.
And when it’s all over a few years from the grave.
You’ll look back on all this and just then you’ll see.
That your life was nothing, a mere fantasy.
There are very few things that we don’t now control.
To have lawyers and police force was always a goal.
Doing our bidding as you march on the street.
But they never realise they’re only just sheep.
For real power resides in the hands of a few.
You voted for parties what more could you do?
But what you don’t know is they’re one and the same.
Old Gordon has passed good old David the reigns.
And you’ll follow the leader who was put there by you.
“But your blood it runs red while our blood runs blue.”
But you simply don’t see it’s all part of the game.
Another distraction like money and fame.
Get ready for wars in the name of the free.
Vaccinations for illness that will never be.
The assault on your children’s impressionable minds,
and a micro-chipped world. You’ll put up no fight.
Information suppression will keep you in toe
Depopulation of peasants was always our goal
But eugenics was not what we hoped it would be
Oh yes, it was us that funded Nazis!
But as long as we own all the media too
What’s really happening does not concern you
So just go on watching your Plasma TV
And the world will be run by the ones you can’t see.
She Unfortunately dragged the country into the biggest political hoax of its history with no regard for the country or its people.
Billions of dollars, and God only knows how much time, and what else she wasted on a completely made up false and complex hoax, know as the “ Russian Collusion” to stop her competitor to the Presidency of Donald Trump.
Not only did she destroy the lives of many of innocent people and almost destroy President Trump, she destroyed the morale of millions of Americans as well as slandering the Russians.
Vladimir Putin, the President of Russia surly is not a saint by any stretch of the imagination, but she slandered him and the Russian people multiple ways as well.
She was the one in collusion with Obama, Biden, the FBI , the DOJ & other intelligence agencies & officials
Everybody involved, including Mueller & Comey were aware of the falsity of the claim.
Almost as disturbing, if not more disturbing was the collusion between the media & the democrats & government agencies involved in the fraud.
The way they pushed this falsity forward and the way they constantly attacked Trump and his MILLIONS of followers was totally disgusting. It’s obvious, without any uncertainty, whatsoever, that the media is controlled by sinister government agencies and its operatives and that they are all agents of the democrats and their party !
They were all part of a misinformation campaign, propaganda & gas lighting against the truth.
Their goal was to invalidate Trump, his millions of followers & decent patriotic Americans.
If it were not for the Senate being majority Republican, the witch of San Francisco , Nancy Pelosi, Hillary & the other corrupt players would have succeeded in impeaching Trump, the President out of office !
Under Biden the country is no longer a Republic or democratic and is sadly falling down, and so many other Countries, and people have lost all the respect that they previously had for the USA. !
The DOJ, the FBI and many other institutions
need to be completely revamped, and corrected unless we want to go down the path of a Banana Republic, and Socialist Dictatorship, as we have lost SO MANY of our freedoms, that had made America so Great !
Hillary Clinton and her co conspirators will forever live in infamy ! And I havened even touched on the 2012 Benghazi attack resulting in the deaths of the United States Ambassador to Libya Christopher Stevens and U.S. Foreign Service Information Management Officer Sean Smith, and killing two CIA contractors Tyrone S. Woods and Glen Doherty, and wounding ten others
May God protect freedoms, and the United States Constitution, which was so wisely written to prevent tyranny of government against its people.
May God bless America !