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hehehe.. everyone keep working and paying taxes! Obama? I wonder if he can win. I guess we will have to see.
Happy New Year!
—– Original Message —– From: “Joseph Brunner” To: “‘Gary Duncanson’” Cc: Sent: Monday, December 31, 2007 5:38 PM Subject: RE: OT - RP in 2008
> The treasury bonds are I.O.U.’s written against the future taxes to be > paid > by the citizens. As long as we keep working and paying taxes the treasury > (federal reserve) will be able to pay the interest on the bonds. > > In a totally fair system the government couldn’t borrow money from itself. > It could only spend what it takes in taxes each year- This is the key > point > of Ron’s argument. Again, it makes to much sense to be plausible to the US > Electorate. The moment some old socialist thinks their monthly stipend is > going to be cut, limited, or otherwise adjusted they will run out and vote > democratic. There is a good bumper sticker “Vote Democratic it’s easier > than > getting a job”. Although I must say I’m not happy with the republicans > lately. I understand why they are running up these deficits… They are > doing exactly as they have been told. > > Now let’s get back to Cisco. BTW: I’m voting for Obama! > > —–Original Message—– > From: Gary Duncanson [mailto:gary.duncanson@googlemail.com] > Sent: Monday, December 31, 2007 11:41 AM > To: Joseph Brunner > Cc: ccielab@groupstudy.com > Subject: Re: OT - RP in 2008 > > Interesting. So what exactly are the ‘treasury bonds’ worth in real terms > and what do they represent? I have seen the national debt of the US > increasing over the years. Will there come a point will the plug will be > pulled on spend, spend, spend (or is that burn, burn, burn fossil fuels) > and > > the whole country will disappear down the sink..along with everyone else? > Roll on 5/10 years I wonder what the financial landscape will be like. > > WASHINGTON, Nov 7 (Reuters) - The U.S. Treasury Department said on > Wednesday > > publicly held U.S. debt breached $9 trillion this week for the first time > ever, just five weeks after Congress had raised the statutory borrowing > limit. > > At the end of September, U.S. President George W. Bush signed a measure to > increase the debt limit ceiling to $9.815 trillion from $8.965 trillion, > allowing the government to keep issuing debt. > > The increase in the debt limit is the fifth since Bush took office in > January 2001. The U.S. debt stood at about $5.6 trillion at the start of > his > > presidency. > > —– Original Message —– > From: “Joseph Brunner” > To: “‘Gary Duncanson’” ; > > Sent: Monday, December 31, 2007 4:12 PM > Subject: RE: OT - RP in 2008 > > >> Win? >> >> No chance. He is against the “US federal reserve”. A private bank created >> by >> a cabal of bankers in 1913 to usurp congress and the treasury >> constitutional >> power of issuing money. Do some research on the federal reserve. Who >> created >> it, how it taxes us through inflation, removed the us gold reserves to >> Europe, Its one of Ron’s key issues. There is a great book called “The >> Creature from Jekyll Island. Very important to understand this issue… >> >> American’s have grown used to spending more than they make. This only >> works >> if the entire US borrows from other nations. We do this by selling >> treasury >> bonds (issued by the private federal reserve) to asia & the Saudi’s. So >> Ron >> wants to stop the very core of the US economy - live large, spend more >> than >> we make, 1/20th of the worlds people burn half the world’s oil and gas, >> save >> nothing, borrow trillions of dollars, never pay it back, repeat the >> process. >> >> -Joe >> >> —–Original Message—– >> From: nobody@groupstudy.com [mailto:nobody@groupstudy.com] On Behalf Of >> Gary >> Duncanson >> Sent: Monday, December 31, 2007 7:13 AM >> To: ccielab@groupstudy.com >> Subject: OT - RP in 2008 >> >> Im trying to catch up on the latest betting for the US elections next >> year >> and >> Im finding lots of noise about Ron Paul not being covered by networks. I >> notice this fella is very popular in the online community, youtube >> etc..Just >> wondered if those of you in the US think he can win? Subjective I know >> but >> all >> the polls I seem to find get bashed for one reason or another. >> >> Happy New Year when it hits you by the way wherever in the world you are >> and >> best wishes for 2008. >> >> _______________________________________________________________________ >> Subscription information may be found at: >> http://www.groupstudy.com/list/CCIELab.html