Good afternoon Jay, and everyone! Jay P Hailey transmitted, in part...
> What National Debt? > by Abe Clark > [EMAIL PROTECTED] > Alexander Hamilton may have dreamt of a government with huge debt payments > to large banking concerns, giving the bankers a vested interest in the > stability of the government, but stability and liberty would appear to be > incompatible goals when the government loots the people it was meant to > protect, and institutionalizes the looting process through perpetual debt. This certainly sounds great. But hardly realistic considering the tremendous volume of US denominated bonds held by the global banking cartel and foreign governments. I doubt the US at this point ever could invalidate the national debt without being dragged into the World Court, and the UN invoking economic sanctions against the US government. Additionally, and here's what is scary, the $8 trillion in debt (which debt is largely in the hands of the above), are secured by collateral. And guess what that collateral is? It is YOU, your property and all of your assets. And the World Bank, International Monetary Fund and the global banking cartel would be coming in in droves to collect what is due under default. Have a good Sunday afternoon friends! Kindest regards, Frank > > -- > Jay P Hailey ~Meow!~ > MSNIM - jayphailey ; > AIM -jayphailey03; > ICQ - 37959005 > HTTP://jayphailey.8m.com > > NASA delenda est _______________________________________________ Libnw mailing list Libnw@immosys.com List info and subscriber options: http://immosys.com/mailman/listinfo/libnw Archives: http://immosys.com/mailman//pipermail/libnw
