Plumeria Black Leaves, Apocalypto Película Completa, Burnet County Tax Sale, Find A Franchise, Abc Of Parenting Ppt, Ge Refrigerator Dairy Bin, Woven Labels With Own Logo, Smart Words To Use In A Conversation, " /> Plumeria Black Leaves, Apocalypto Película Completa, Burnet County Tax Sale, Find A Franchise, Abc Of Parenting Ppt, Ge Refrigerator Dairy Bin, Woven Labels With Own Logo, Smart Words To Use In A Conversation, " />
who owns the government

who owns the government

You sound like a Dr Rothschild. But what are investors supposed to own then? It will become increasingly uncomfortable as folks realize there’s no way to retreat. And to get into it, you're going to have to swim through a wall of water and-. What should be said is that SS was funding the general budget with a promise that in the future, when the SS reserve that is in place is needed, the general budget would return the funds. We are all mad princes now. I mean, you took civics when you were in high school. What they do is a contractor in a local town would be dependent on an S&L for their loans to build office buildings, say. "Well, don't worry, because they're not. Mr. LEWIS: The obvious question is, the other people besides the six, what did they get? And this is how governments fail. records and took them at face value, you'd think that homemakers and housewives are the biggest source of campaign money in America today. It’s not a clear statement to say SS was buying Treasurys. You tell them that they will reimbursed through their paycheck as overtime or a bonus or something that they don't deserve, but they'll be reimbursed." Yes , it really is that simple. And in Congress it's a campaign contribution. Remember those six nominated ambassador? In theory it just can’t. Obviously the rich have some defenses, but, historically, rich Americans paid much higher taxes in the days when the economy was also really growing. As of now we need more & more debt to produce 1% growth of GDP’ But Congress wanted the Fed to have 12 regional banks to represent America's diverse regions. It gave the Parris campaign four separate contributions totaling $10,000, the legal maximum. Republican Parris was the darling of the American Medical Association. People worried about the honesty/sanity of their gvt tend to spend less…biding their time, looking for an exit. BILL MOYERS: Thank you for Inside Job, a book we all should be reading. Copyright © 2011 - 2020 Wolf Street Corp. All Rights Reserved. Now, any citizen can be a member of this ruling class. Even insolvent S&L's kept pulling in deposits and their owners continued to pay themselves multi-million-dollar salaries. Investors, including banks, foreign governments and individuals, can cash in on these bonds when they reach maturity. "I was told to install regular bathtubs in these condominiums we were building, but to bill, to invoice the S&L for jacuzzi tubs that were about $900 more." If you said that Oregon's forests belong to everyone, you‘d be 64 percent right. Long-term heat death for Japan = Greece 2.0. Re “If the Foreign entity making our stuff don’t want our debt or Reserve Fiat Note they could force a Gold Trade Note”. It was one of the sorriest days in Congressional history. I'm Bill Moyers. NARRATOR: Joseph Zappala? That's very reassuring." VICKI KEMPER, Common Cause: What's best for the country, what is most efficient, is not the primary goal in this system. Rep. DAN ROSTENKOWSKI (D-IL): First we want a proposal that guarantees every American will be covered by health insurance when it certainly is fully implemented. $1518.93 bought in May 2000. He could lose this battle. You needed 1518.93 today to buy what you could have bought for $1000 in 2000. Government spending is supported in two ways: through tax revenue and through the sale of United States Treasury securities (or Treasurys, for short). I want to say in the most forceful way that I can, I certainly hope so. Read…  Wow, That Was Fast: Debt Out the Wazoo. Your pension fund sold treasury bonds (which have a real negative yield, so, yeah). One of my favorites: The french assignat. [onscreen: American Medical Association, $11,944,307; National Association of Life Underwriters, $5,554,939; American Dental Association, $4,034,298; American Academy of Ophthalmology, $1,900,561; American Hospital Association, $1,771,307; American Family Corporation, $1,696,850; American Optometric Association, $1,354,496; American Nurses Association, $1,320,179; American Podiatric Medical Association, $1,110,425; American Health Care Association, $1,026,011; Federation of American Health Systems, $934,709; Travelers Corporation, $891,817; Prudential Insurance Company of America, $827,957; American Chiropractic Association, $823,740; Metropolitan Life Insurance Company, $810,356; Pfizer, Inc., $803,634; Abbott Laboratories, $761,449; Torchmark Corporation, $729,040; CIGNA Corporation, $719,049; Bristol-Meyers Squibb Company; $690,176; Eli Lilly and Company, $669,834; Massachusetts Mutual Life Insurance Company, $666,898; Health Insurance Association of America, $583,274; Blue Cross and Blue Shield, $574,918]. reports show under the name Zappala. Mr Gregory said his company was incredibly proud of … There was nobody during that campaign, Democrats or Republicans, who wanted the taxpayers to know what a mess this was, so they both conspired and George Bush put a new head to the Federal Home Loan Bank Board in Danny Wall, who went for 10 months before Congress and lied to them consistently about the cost of this. And business debts spike to high heaven. Tell them how you like it here. REP. JIM LEACH: The insured deposit thing came suddenly. is owned by entities … MICHAEL WALDMAN: You know, there's a sort of a moral numbness that takes place and people here on Capitol Hill start to take for granted things that from a distance look shockingly corrupt. It would be a painful transition, but it might actually be a good idea.” But the wheels of government are completely intractable and are locked in because you've got all these moneyed forces, all aligned to basically slow it up. Over some assumed “consumer products index”. I am certainly hoping for 1 since I am short SAR. All the brainwashed young minds from universities will have to learn the hard way as my high school teacher in class said to class agitators. NARRATOR: So the looting continued almost without pause. The remaining 2 percent of forests is in tribal ownership. Right now I think the fed is buying because demand is down due to the low rates and if they don’t buy rates will rise. It was going to be before Senate Banking. I assumed the banks created debt against their reserves to buy treasuries, which the feds new dollars repaid. BILL ARCHER: - costs jobs for those who can least afford to lose their jobs-. Would a future public accept going broke or would they say “Hell yeah, Worldco stock is up!”? The yield ranges from near-zero for short-term Treasury bills to 0.7% for a security with a remaining maturity of 10 years, and up to a whopping 1.45% for 30 years. He said, "Well, my employees don't want to contribute to this guy.". NARRATOR: When Banking Committee reformers tried to increase the authority of regulators to shut down bankrupt S&L's, they found themselves locked in a battle with industry lobbyists and some of their own members. The only claim made on the Federal Reserve Note is that yon can legally use it for debts public or private. He'll retire at the end of this term, frustrated by money's effect on politics, by a Congress held hostage. Those supplemental explanations were helpful and I thank you. BILL MOYERS: Charles Keating was on the list? Excess demand (from central banks printing money out of nothing) is probably the main factor that makes rates go negative. George Washington was elected simply by a handful of wealthy, rich white men with property. REP. JIM LEACH: In retrospect, Garn-St. Germain, which had some pro-visions that were considered reform and reasonable, had other provisions which were of towering dimension and the new powers authorized the savings and loan industry were of such extraordinary magnitude that Congress should rue the day it passed the bill. In this program, Bill Moyers examines the effect of political contributions on public policy. All countries can (and do) manipulate the supply of their own currency for many reasons (manipulate intl trade, manipulate domestic economy, etc). American Muscle Cars Fall to 2007 Level, Retail Sales by Segment in 12 Hair-Raising Charts →, https://www.federalreserve.gov/faqs/currency_12772.htm, “Exodus” in Full Swing: November Rents Swoon in San Francisco, New York, Boston, Los Angeles… But Skyrocket in Other Cities, The State of the American Office: Suddenly Emptying Out Again Under the Second Wave, Vacancy Rate at Iconic Manhattan Tower with 899 Apartments Hits 26%: This Shows How Fast & Massive the Exodus Has Been, The State of American Restaurants, by City: The Catastrophe of the Second Wave, This Spike of New Businesses is a Doozie, on Several Levels, UK (“City of London” financial center): $368 billion ($300 billion). CHARLES KEATING: Out here we have the secretarial bay. By the end of the night, checks totaling tens of thousands of dollars will be stuffed into this brown envelope and the totals reported here, to the Federal Election Commission. Their currency is pegged to the US Dollar. Then it buys Treasuries from its primary dealers and pays them with these newly created electronic dollars. NARRATOR: The campaign to free S&L's from the burden of government regulation culminated in this happy Rose Garden ceremony in 1982, President RONALD REAGAN: It means help for housing -. NARRATOR: Raises like this were nothing special at Lincoln because Keating wasn't spending his own money. NARRATOR: And there will be plenty of health care money for members who vote the right way. (But they get to have other issues…). It is not an overstatement to say that the essence of our democracy is on the line here and we have got to take it back as citizens. I mean, the difference a day makes. But this is not just a crisis for the poor. It is even more befuddling trying to understand how deflation can come into play during these activities in any way shape or form. Then it said Congressional Democrats - Bush, as we saw in the State of the Union, actually made the proposal and Congressional Democrats not only embraced Bush's proposals, they expanded them. And this center is a dining area and bar. blog. If your comments consistently or intentionally make this community a less civil and enjoyable place to be, you and your comments will be excluded from it. (adsbygoogle = window.adsbygoogle || []).push({}); Accurate in the sense of almost entirely destroying the interest rate paid to anyone foolish enough to save in USD. If the Fed has to print to buy the treasuries off the primary dealers, where do the primary dealers (banks) get the dollars from to purchase the treasuries initially. Money is just a representative overlay of real assets – printing it does not magically create new real assets. Individuals may contribute no more than $1,000 and only during the primary season. The U.S. Department of Education owns about 92 percent of the $1.6 trillion in U.S. student loans and many legal scholars say the Department has the authority to … As a result, Fannie Mae funnels all of its profit to the government. But in 5 big cities, rents jumped by 20%+. You go to each one of your employees and you tell them to write a $250 or a $500 check to the following Congressmen or Senators. Tonight we're going to take a close look at the connection between money and government. JOSH GOLDSTEIN: I have Melvin F. Sembler giving $101,000 and the Sembler Company gives an additional $15,000. Some 70% of the national debt is owned by domestic government, institutions investors and the Federal Reserve. March and April combined, the Fed monetized 100% of the additional debt. President GEORGE BUSH: Real estate has led our economy out of almost all the tough times we've ever had. LARRY MAKINSON: Do you have a Joseph, Josh? I said, you know, "Don't do this, guys. In March, the Fed added $1.02 trillion to its pile of Treasury securities (including repos). They used to refer to them as money center banks, banks which don’t rely on depositor funds, and provide a conduit for international investment. DON PEASE: It's not as much fun to be in Congress, to spend all the money that you have to spend, to spend the time raising the money and then to have the frustrations of trying to get accomplished things that you really feel strongly about. The financial sector with its Congress Lapdogs will do very well with this system. Big difference betweed USD issuer which is the Federal Govt and the USD user which is everyone else. And then Congress tried to eliminate the influence of big money on presidential politics by establishing public financing of president campaigns. This challenge to parental rights is not new. To get too caught up in the mechanics is to lose sight of the underlying crime. Why? Agreed…although simply diversifying away from the single, absolutely lowest cost vendor (China) would go a long way and buy time to make the inflationary transition less wrenching. Which doesn’t count housing, college, or medical care expenses correctly… and assumes that your $40,000 car is worth more because it has more features than the vehicle from 20 years ago, even though both drive you to work at the same speed limits… and assumes that your laptop today is worth more than the same-priced one from 20 years ago, even though you did more or less the same work on both… Hedonic-ism is as bad as hedonism…. How do you think it will end? The madness is beyond measure. What makes a difference now? VIVECA NOVAK: We found that there are more than 200 medical industry PACs, that they have given over the last 10 years more than $60 million to Congressional candidates. Our political leaders have shut their eyes to the corruption of our system, brought on by their obeisance to money, and they do their best to keep us in the dark about their worst. What I think is happening is that the public, and we see this in poll after poll in this election year, is becoming much more aware of the specific influence of vested interest money in campaigns. St. Germain would prove himself the industry's most loyal ally. ;-). “Who bought this huge pile of ‘Excrement'”???? I do despair sometimes about how we're going to resolve that. NARRATOR: So the money generous Charlie Keating lavished on his boondoggles flowed even more freely to key members of Congress. Governments end when games like these are played. I don’t believe for one second Japan (a small island nation with an avg population age of 43) can keep up 234% debt/GDP while monetizing all of its gov debt at neg rates and nationalizing the Nikkei in the process. If you think that, you would be wrong. Rep. PETE STARK (D-CA) : The President's plan fails to address these two issues of paramount importance to the American people. In San Francisco, where it had already been rock-bottom, it dipped into the single digits. “That government is best which governs least.” - Thoreau This sounds like where capitalism meets democracy, or socialist recursion, or private property. He was a junior member of the Banking Committee when the issue of deregulating the savings and loan industry was first raised. Not only will they have to walk the talk at that point by actually implementing a much higher % of what was promised in the way of asset purchases or even all of it, but they might even be forced to “promise” new stuff. It confirms that us commercial banks aren’t what own the debt, but domestic etf’s that live the dollar standard. My USD holdings spiked nicely as the NZD crashed to 55 cents vs USD…. Example: I pick up a blouse at a store, take it to the counter and offer to pay in cash, but they tell me they don’t take cash. House committee chairman, Fernand St. Germain, was an industry favorite. She said, "No, they sit on this committee to attract campaign contributions from the banking industry. Get with the program man. Six months later, what does St. Germain turn up as? These people mostly represent special interests in the health care industry, doctors and pharmaceutical companies, hospitals and insurance companies, lobbyists with a job to do. Mr. LEWIS: That's right. And we really thought that the vote would be the true equalizer. The F.E.C. And again, these are not tax breaks for ordinary citizens. Rep. DON PEASE (D-OH) : Well, there are not very many constituents, actual residents of my district in the room hardly ever. (2) If the Fed didn’t buy them, and there were not enough other buyers, the Bond rate would have to increase to entice new buyers… so the absence of demand drives rates up. And each one of them is contributing to the parties to help candidates, to buy the influence, to buy the access, and it has made the government rife. (6) If at some point there is a loss of confidence in the currency, this would force down non-central-bank demand, and thus force up rates, as we see in countries like Argentina. NARRATOR: When there is no incumbent in a race, the health care industry tends to cover its bets. CHARLES KEATING: This deal would be probably $175 million. MICHAEL WALDMAN: Well, it was so appropriate that he used a gambling metaphor because what happened was a whole platoon of riverboat gamblers came in, took over many S&L's and gambled the money away. BILL MOYERS: Ellen Miller heads the Center for Responsive Politics in Washington. I'm not opposed to that. THE BASICS: (1) The Treasury Dept HAS TO sell treasury bonds, because the government is spending money it doesn’t have. relative which currency out there? That was the smallest contribution required to join the Bush campaign's Team 100. Well, all of them are involved in the real estate business. The federal government owns and manages 238.4 million acres (96.5 million hectares) made up of USDA Forest Service lands (145.2 million acres or 58.7 million hectares), Bureau of Land Management lands (38.1 million acres or 15.4 million hectares), and other lands managed by the U.S. National Park Service and the Department of Defense (55.1 million acres or 22.3 million hectares). But two big players gorged on it – and one of them was the Fed. Will Privco dump their debt on Guvco and then go on to run Worldco from the sidelines? The Fed receives the coupon payments that the US Treasury Dept. Only too late did we learn how the public was flagrantly ripped off by con men in the thrift industry aided and abetted by a kept Congress. NARRATOR: President Bush's moderate reform plan was applauded by lobbyists from the insurance industry and criticized by public interest groups. 'We would welcome a discussion with anyone who owns intellectual property, if that is Harold Thomas or the Federal Government.' NARRATOR: Charles Keating may turn out to be the biggest bank robber in American history. MICHAEL WALDMAN: St. Germain got thrown out of Congress by the voters because of his role in bringing the S&L's down and sticking taxpayers with the tab. I appreciate it immensely. Dr. GWENDOLYN M. PATTON, Working Group on Electoral Democracy: Well, as a youngster I was very much a part of the voting rights struggle with my family and my relatives and grass roots people all over the South. Producer Martin Koughan reports how this colossal rip-off was in fact an inside job. This site is truly an encyclopedia when it comes to the details of how this debt is created and where it goes. April 7, 1992. But, as Wolf notes, the U.S. government just printed $1.56 trillion in March and April. REP. JIM LEACH: I don't think there's any doubt whatsoever that the industry attempted to call in its chips and some of those chips were of a monetary dimension. “Yet, buying Treasury securities is an unpalatable undertaking today … But who are the entities buying them?“. DC’s demento God complex does not take account of this, where it does not actively attack it. Not sure such a small state can have much influence on world markets. GWENDOLYN PATTON: I really think that we're going to have to do it as grass roots citizens, otherwise we risk a real revolutionary type of struggle in this country as the crisis deepens. Well, now we know what he meant. In parenthesis are their Treasury holdings as of April 2019: Saudi Arabia has fallen off the list as it has dumped one-third of its holdings, slashing them from $184 billion in February to $125 billion in April. But new businesses with planned wages have been getting scarcer since 2007. That's why Congress closed that tax loophole in 1986. By looking at F.E.C. The Democrats never criticized the role Republican bankers, including George Bush's son, played in the taxpayer rip-off. and the FED with its own personal private equity firm sucking off anything that remains of value in this country for themselves and rich friends. I mean, as Herbert Alexander, who is probably the leading scholar in academia of money in politics, says, "The $2.7 billion spent in 1987 and '88 on all elections was not a lot of money for a nation as large as ours. Looks like $1,500 from Joy. BILL MOYERS: But why do you think the scandals so far, that we've just seen bare surfaces of, have gone down - been swallowed so lamely by most of us? NARRATOR: And how they gave. Mr. LEWIS: And so, what is suddenly a $100 million debacle becomes a $200 billion debacle becomes a $400 billion, becomes a $500 billion debacle. Things are moved around until only inside lawyers can find them. As long as the rate growth of GDP exceeds that of the DEBT VIVECA NOVAK, Common Cause: I think that people out there don't really know the extent to which this game is played in Washington. Does this mean the Treasury creates X’s and O’s which are given to CBs to hoard for the .00005% interest paid….OR…..to sell those Treasuries to any number of Buyers ? The Treasury Department is in charge of issuing enough savings bonds, Treasury bonds, and Treasury inflation-protected securities to finance the government's current budget. Turkish debt in dollars, is bought by Paribas, who owns Bank of the West. The absence of this claim on the Federal Reserve Note means that at the end of the day the holders of Federal Reserve Note does not have a claim on the Treasure of the US. I’ve been told that that’s the ultimate investing secret. Guvco is the model for Privco. And the S&L guy would say, "Well, Jack, you have how many employees for your company? Why was this important? After she lost they gave the same amount to the winner, money intended to make the new Congressman think twice on health care issues. In the last race for Virginia's 8th District, incumbent Stan Parris was challenged by Democrat James Moran. They pleaded for tax breaks to make up for the losses they achieved in the 1980's. We probably need to see how the allocation matches in equities, where foreign ownership is declining. Prosecutors charge he stole more than $2 billion from Lincoln and he knew every dime of it was yours. $1000 in January 2020 bought the same amount as That is what it means in practice to “lower interest rates” due to Fed printing. They see that Washington has become a mercenary culture where the vote doesn't matter as much as the dollar. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. This fact blows by so many people. On average. His investigation found F.E.C. … no, they couldn’t. We see a role for very small private contributions, but you have to understand that the dollar tax check - off today, the public financing system, millions of citizens are checking off one dollar to get a clean system, and that's where this scam of soft money breaks it down. …the inflation built in bias is why the the gov. Gold. NARRATOR: The same idea occurred to the volunteers at Common Cause, a public interest lobby. None of this can end up well. Central Banks LARRY MAKINSON: Only $1,000. Steve Pizzo, we know what's on the record. “And we’re perfectly capable of making the rest of our stuff again if we wish. The editorial staff reserves the right to take down comments it deems inappropriate. Some people have questioned my concern over both the CDC and John Hopkins University is a PRIVATE organization where the CDC accepts private funding – NOT ONLY GOVERNMENT! So did the American Hospital Association. We have it - down South we're asking candidates to sign pledges to say that they will not take X amount of money, that they will relate and be accountable to the constituents. ELLEN MILLER: And you know that this is only one example, and it's a good, clear example, but it happens in industry after industry in this country and our soft money contributors represent all of those industries, whether it's the tobacco industry or the agriculture industry.

Plumeria Black Leaves, Apocalypto Película Completa, Burnet County Tax Sale, Find A Franchise, Abc Of Parenting Ppt, Ge Refrigerator Dairy Bin, Woven Labels With Own Logo, Smart Words To Use In A Conversation,

Przeczytaj inne:
Botoks czy kwas hialuronowy
Botoks czy kwas hialuronowy? A może połączyć zabieg botoksu z wypełniaczem, aby zapewnić trwalsze działanie.

Chirurgiczne leczenie ginekomastii w grupie kulturystów i sportowców.
Chirurgiczne leczenie ginekomastii w grupie kulturystów i sportowców.

Zamknij