Black People : What Does the US Use as Collateral When it Borrows Money?

Discussion in 'Black People Open Forum' started by river, Jul 16, 2010.

  1. river

    river Watch Her Flow MEMBER

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    Bet you never thought of that. Bet that like me you just kinda assumed that we were borrowing money on good faith with a lick and a promise that we would repay. But when you really think about it you know better.

    According to this article the US has collateralize d an area of land roughly the size of Texas which it protects from our use by labeling these lands environment preserves, wildlife reserves, etc.
    http://www.klamathbucketbrigade.org/Whitsett_CollatralizingOurNationalDebt041709.htm

    Read the article then ask yourself some questions. why would China and the other nations and banks we've borrowed from continue to loan us trillions of dollars when they know we will never be able to repay it? At what point will they say that's enough. Pay up. When the wilderness lands run out will our government collateralize the land we live on? When that runs out will they collateralize the labor of the people? What lie will they use to disguise what's really going on.When the wolf comes knocking at Uncle Sam's door which of the little piggies will he offer up first?
     
  2. $$RICH$$

    $$RICH$$ Lyon King Admin. STAFF

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    deep thoughts and good question who will he give up!

    In the depth of my mind i kinda thought they would use the american people as collateral
    they still worship the slave trade kinda market so i bet it will be us who get pushed out for payback .....
     
  3. wetac0s

    wetac0s Well-Known Member MEMBER

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    Japan actually holds the most US debt. If other countries don't buy US debt, the US threatens to slap trade tariffs or military action thus hurting their own economies. Judging by the US's track record, they won't pay back anything. Kind of like how they gave Native Americans crap in exchange for their land. Don't worry, if worst comes to worst, America will always start another war.

    Japan has $158 billion
    China has $129 billion
    Germany has $120 billion

    Americans like to buy things from these countries and that is why trade tariffs would hurt them.
     
  4. Kamau47

    Kamau47 Well-Known Member MEMBER

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    I promise you it won't be ALL of the people.
     
  5. Sekhemu

    Sekhemu Well-Known Member MEMBER

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    BINGO

    The U.S.(And Israel to a lesser degree) can pretty much blackmail or coerce any country in the world in to loaning it money, including China.

    Is it an wonder so many countries are busy trying to steal industrial/military secrets from America.

    Part of the reason the reason they do this is to protect themselves from being held over a barrel by the use of psychotronic and super-intelligent military technology
     
  6. Ankhur

    Ankhur Well-Known Member MEMBER

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    The ones that control and manipulate the interest rates, and manipulate the need for debt are in what is known as "The City" in London and there is a Federal Reserve in every major G8 nation, owned by share value from secret groups in London, kept from the view of the public of that nation.

    (The Money Masters,
    http://video.google.com/videoplay?docid=-515319560256183936#)

    Who and why is credit needed in the first place?
    who and what creates the debt, and to their benefit?


    (In Debt We Trust,
    http://video.google.com/videoplay?docid=-9016886482738598023)

    Bernie Sanders the Socialist party Senator asked Bernanke who are the "chiefs" of the Federal Reserve that controls US bond rates,
    he said he could not,



    yet the Fed Reserve has gotten more power

    War is big business, not so much from the sales of wepons but the debt that banks can hold that is acrued from the devestation, allowing them to seize as collateral the resources of all melinated nations in conflict status


    White House has had a credibility gap about reporting Chinese holdings of US bonds;

    The U.S. Treasury data almost certainly understate Chinese holdings of our government debt because [the U.S. figures] do not reveal the ultimate country of ownership when [debt] instruments are held through an intermediary in another jurisdiction," Simon Johnson, an economics professor at the Massachusetts Institute of Technology, told the U.S.-China Economic and Security Review Commission, a bipartisan forum established by Congress in 2000 to monitor the security implications of the U.S. economic relationship with China.

    Mr. Johnson told the commission last week that "a great deal" of last year's $170 billion increase in Treasury holdings by the United Kingdom "may be due to China placing offshore dollars in London-based banks" and then using the funds to purchase Treasury debt.

    Mr. Johnson, a former chief economist for the International Monetary Fund, estimated that China owns about $1 trillion in U.S. Treasury securities, or nearly half the $2.37 trillion stock of Treasury debt held by "foreign official" owners.

    The amount of U.S. debt held by China is even higher than that, said Eswar Prasad, an economist at Cornell University.

    Under the widely held assumption that 70 percent of China's $2.4 trillion in foreign exchange reserves is invested in dollar-denominated bonds, Mr. Prasad told the commission that China probably holds about $1.7 trillion in U.S. government debt.

    http://www.washingtontimes.com/news/2010/mar/2/chinas-debt-to-us-treasury-more-than-indicated/print/



     
  7. Sekhemu

    Sekhemu Well-Known Member MEMBER

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    Another source you might wanna look into is a book called "Rule by Secrecy" by Jim Marrs. This is a must read to get a comprehensive understanding to the banking system
     
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