Liberty Tree

Do you think the American people would be willing to make the sacrifices necessary in spending cuts and some tax increases in order to have a balanced federal budget?

lpnmajor Loc: Arkansas

No. We have become entitled, whiny and selfish.

Hug

Y E S !

Liberty Tree

I agree. People complain about the yearly deficts and the national debt, but would scream bloody murder if necessary steps were taken to correct them.

Hug

On second thought, you may be right.

lpnmajor Loc: Arkansas

Americans are perfectly willing to force sacrifices......................on someone else.

Trooper745 Loc: Carolina

If you want to make that a serious question, you must state some facts. Are we going to look seriously at rampant waste and political gifts from the national treasury?

Are government waste in welfare, waste by the pentagon, worthless foreign aid that end up only in politicians pockets, make work federal boards, commissions, committees, and other forms of uncontrolled wasted spending going to be addressed? If not, then "NO"!

Waste is probably in the top three categories of federal spending, but I'd bet that no entity could list the total waste in federal spending. Partisan politics probably hides over 50% of the waste.

Liberty Tree

True, they want someone else's program to suffer cuts but not theirs. They want someone else to have to pay more, but not them. It will take both cuts and some tax increases to manage it.

Liberty Tree

Waste has to get top priority. Some significant cuts could be observed just in curbing waste.

The Critical Critic Loc: Turtle Island

I hope to be educated by this thread, with that said;

If the federal government doesn’t make/produce any money in and of themselves, the only money they get/have already comes from the tax payers, and much of that is already wasted, why on earth would any tax payer be interested in contributing more to it?

Edit: sorry, I should have waited for your response to Trooper...

archie bunker Loc: Texas

I've bitched about waste for years! We would probably pass a rectangle rock if we knew how much there actually is. Hell, how much is wasted on perks for Congress, and the Senate?
Start there, and I might agree. Maybe. But, they can pay for their own haircuts, meals, healthcare, and whatever other BS Joe Sixpack has to pay for to live.

Richard Rowland

The question being: How will an impoverished people ever have a balanced federal budget? There is no such thing, the present process of money creation is based on debt. It's a bit complicated, but the government issues bonds that the federal reserve purchases, then the government buys back the bonds with the money received for the bonds from the federal reserve creating debt that is then converted to money. Clear as mud? I thought so!

Bob Livingston points out the duplicity. Wealth is being eroded in the world for all but the oligarchs, who have the rights to manipulating and printing phony money.

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In the 20th century the U.S. government abandoned its constitutional duty to assure the welfare of the American people and turned its attention to assuring the general welfare of the global elite and the global economy.

This is not the history you will get in school. That's because this is the history that global elites don't want you to know. They want you to think that America is using its military and economic might to spread "democracy" and freedom. That would be funny if it weren't so sad. Democracy doesn't equal freedom — never has.

In the public's mind, the war trials following World War II demonstrated that evil must be vanquished and punished. But the Nuremberg Trials were simply a propaganda showcase. In reality, the only difference between the "good guys" and the "bad guys" was that the "good guys" had more guns.

What the people of the world did not see and still do not understand is that the real issues of World War II were never allowed to come up for public debate — certainly not at the Nuremberg Trials. The issue was that both sides prosecuted the war with paper money.

What are the facts? The facts are that both combatants were equally guilty of promoting esoteric warfare on their own populations as well as on each other. Someone(s) who wanted to initiate a new world human drama lined up and supplied both sides. The cost of human life was incidental to the money creators. But if there is a "cause," people will die and sacrifice their own flesh.

Both the United States and Germany should have been on trial at Nuremberg, Germany in 1945 for war crimes. Oh, the German high command was guilty all right — but no less so than the U.S. or British high command.

It is not debatable that both sides sent millions of their own young soldiers to an early death. Both sides also killed millions of civilians. And the allied powers, fighting ostensibly to keep Europe free from Nazism, condemned millions of Eastern Europeans to years of suffering the oppression of communism under Russia's boot heel.

Forget all the propaganda and all the blame and consider the honest answer as to who was at fault on both sides. Do we want the honest answer? Can we stand the light of day?

The people who caused the great world wars and all wars that have brought death and suffering to millions of people were the central bankers in other countries and the Federal Reserve Bank in the United States.

Central banks create paper money and credit for government and politicians to spend for war and their socialist agenda. All of the money and credit now crushing the American people was created by the U.S. central bank, the Federal Reserve (which is neither Federal, nor does it hold reserves). It is owned, as it has been since its beginning, by a few bankster families in the United States and Europe.

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In 1945, toward the end of the Second Great War — because one wasn't enough, I guess — the International Monetary Fund and the World Bank were established (primarily with Federal Reserve-printed money) to "foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Headquartered in Washington, D.C., it is the global central bank, created on the ideas of Harry Dexter White and John Maynard Keynes.

Any rational observer who studies the stated purpose of the IMF and World Bank can look around and see something is wrong. If they have truly been working to secure financial stability, promote high employment and sustainable economic growth and reduce global poverty, they are even bigger failures than America's wars on poverty, drugs and terrorism.

The truth is, these globalist organizations promote Third Worldism, which is the polar opposite of prosperity.

Third Worldism is the guiding principle of the World Bank, the IMF, the United Nations, etc., which all presume that if underdeveloped nations are provided with the wealth of the industrial nations, all will prosper. One of the objectives of global democracy is to redistribute the wealth of the world in just this fashion, making all people everywhere absolutely equal. They want to distribute your wealth, not the wealth of the ruling oligarchy.

What these globalist institutions have done is work as symbiotic partners with the U.S., major world powers and multinational corporations to exploit Third World countries for their resources. That's why we have the "sh*thole countries" President Donald Trump talked about last year. It's why you see the pitiable poverty and squalor in Venezuela.

In his two books, Confessions of an Economic Hit Man and The Secret History of the American Empire: The Truth About Economic Hit Men, Jackals, And How to Change The World, former economic hit man John Perkins provides great detail of his experiences in the dark, shadowy world that combines the machinations of the Deep State with corporatocracy in the name of plunder and globalism.

Perkins tells how American industry goes to Third World countries to pillage their natural resources. EHMs like Perkins provide inflated economic forecasts touting the benefits of improving infrastructure and convince the political leaders — through bribery (with money, drugs and prostitutes) or extortion — to commit to vast projects they can't possibly afford. Those countries borrow U.S. taxpayer dollars provided through the World Bank, IMF or USAID to pay for the projects that are constructed by U.S. companies. It's all done with a wink and a nod by the U.S. government because, once those countries become wholly indebted to the United States, they become U.S. puppet states and part of the American empire.

The companies that get these projects are a who's who of the globalist cabal: Bechtel; Kellogg Brown and Root; Carlyle Group; and most of Big Oil. And the main players are people you'd recognize as running or influencing American foreign policy for both major American political parties: Bush, Baker, Rumsfeld, Weinberger, Rockefeller, McNamara, Kissinger, Helms and Cheney; and more recently the Clintons and their money-laundering foundation.

All monetary systems founded upon the creation and regulation of credit by a central bank are the basis for authoritarian systems. We call some communist, some national socialism, some fascism and some democracy. It is a semantics game — you take your choice. But one and all are based upon the Marxian economic theory, "from each according to his ability and to each according to his need."

Everything is a joke unless we understand how the money magicians create money (credit) and enslave the world with it. If I could create money and buy your labor with it, you would be my slave, no matter what you think. This is exactly what the U.S. government, the Federal Reserve, the IMF, the World Bank and all central banks of the world do. They will do anything to keep the people from finding out how wealth flows to the government and the elites, not away from them.

The money merchants have a modern system of alchemy, wrapped in voodoo terminology, locked away from the public mind.

Bankster-created money is the blood of war as well as the impoverishment of the people. All central bankers create the money for war and death.

Paper money appears in the absence of the gold standard. Banksters and politicians hate the gold standard because the gold standard disciplines them and the bureaucrats to the rule of law.

Banksters create the money for plunder, war and death. The discipline of the gold standard would have prevented all the wars of the past 100 years. Millions of soldiers have died for nothing, as have millions of civilians.

Did your history book mention this?

Yours for the truth,

Bob Livingston
Editor, The Bob Livingston Letter™

Larry the Legend Loc: Not hiding in Milton

Do what? Have you seen the BS they blow cash on year in and year out? I'll tell you what, when they cut the crap and get a handle on the pork barrel slop, I'll consider letting them have a little something to keep the gears oiled. But only the constitutional gears, everything else, and I do mean everything, has to go. No more 'special interests', no more bridges to nowhere, no more $30,000 for a toilet seat. If it ain't in the plain language of the constitution, not the 'surprise! Look what we found' court twists and manglations, then yes, I'll happily write them a check.

The Critical Critic Loc: Turtle Island

I appreciate the read, Richard. Not sure how it helps though...

Richard Rowland

I think, Critical Critic, the answer, and the problem is in the first paragraph of Bob's article. Our leaders have neglected their first Constitutional responsiblity, being the problem, encouraging people with a strong sense of Constitutional adherence, to run for office, is the answer.

Yeah, I know, wishful thinking. One's own creative passive resistance will have to due, till a more organized approach can be undertaken. God Bless America!