This might shed some light on our present situation and how it was designed from the beginning to end in the bankruptcy and foreclosure of our nation. It also gives an idea of who is actually calling the shots in our great nation:
The Federal Reserve
By THOMAS D. SCHAUF, CPA
http://www.apfn.org/money/federal_reserve.htm
How the “Bank” of Rome creates Federal Reserve Notes out of nothing!!
Step 1 – Fiat “money” creation begins when the “Bank” of Rome decides that the U.S. is ready for another bite from that old serpent the Devil. They instruct their American branch —the Federal Reserve Bank — to order Congress to raise the debt limit by $1 billion.
Step 2 – Congress obeys the “Federal” Reserve Bank and instructs the U.S. Treasury to print $1 billion interest bearing bonds and sell them to the Federal Reserve Bank of New York.
Step 3 – The U.S. Treasury prints the$1 billion interest bearing bonds and sells them to the Federal Reserve Bank!! As security or collateral they offer the INCOME TAX collected from the taxpayers. The U.S. Treasury prints only the Principal . . . not the usury or interest.
Step 4 – The “Federal” Reserve or the Fed buys the usury bearing bonds and credits the U.S. Treasury for $1 billion. The government must now pay back the bonds with INTEREST. As the interest was not created, it can NEVER be repaid with “Federal” Reserve Dollars!!
In a closed monetary system like the U.S., only “Federal” Reserve Notes are legal tender to pay back the bonds. Gold and silver are REAL money and could be used to repay the debt but they are stored in Switzerland and credited to the account of the “Bank” of Rome.
Since the Treasury only printed the PRINCIPAL —not the usury or interest —the money can NEVER be repaid…. The end result is bankruptcy and foreclosure for the government. This is the very same scam that the Bank of England tried to impose on the Colonies when they made specie or coin the only means to repay the king’s tax.
http://www.reformation.org/federal-reserve.html
