Half Of US Debt Is Owed to Fed

December 1, 2009

g-helicopter-big.jpg
by Henry Makow Ph.D.


Chelsea Clinton's
engagement today to Jewish banker  Marc Mezvinsky, who works for Goldman Sachs, is another reminder that America is ruled by the Illuminati clan, joined by marriage, money and love of Lucifer. (Al Gore's daughter  married the grandson of Jewish banker, Jacob Schiff.)

The source of Illuminati power is the Fed which has pilfered the US government's credit card and used it to buy politicians and everything else worth owning, creating trillions in tax payer debt.

That money Ben Bernanke is throwing from the helicopter cost the Fed owners pennies but they expect the US taxpayer to refund face value. To be specific, the US National Debt is expected to reach $13 Trillion this year. That's about $44,000 for every man, woman and child in the US.

Almost six Trillion will be owed to the private Illuminati families who own the banks that own the Fed. For fiscal 2009, US taxpayers will cough up $380 Billion in interest, half of that to the Fed. By 2019, the cost of servicing the debt is expected to reach more than $700 Billion annually.

As you all know, billions were paid to these banks during the "credit crunch" so that they may now reward their lackeys with humongous bonuses. But as Goldman Sachs CEO, Lloyd Blankfein said, they "are doing God's work."  Unfortunately, their God is Lucifer.


GUARDING THEIR 'INDEPENDENCE'

Ben Shalom Bernanke has warned Congress not to interfere with the Fed's "independence." In a veiled threat, he said it would "seriously impair the prospects for economic and financial stability in the United States." 

This is a reminder that the US is the Illuminati's bitch, and should not get any other ideas, such as abolishing the Fed altogether and with it, six Trillion dollars in debt which they created out of thin air.

The American government is quite capable of accessing its own credit and creating its own currency.

The Illuminati bankers must be pleased with their investment in Barack Obama. The Federal government spent $3.5 Trillion during his first year in office, far exceeding any other first-year President. Of that $1.4 Trillion is deficit, and half of that is owed to guess whom.

The other half of the US debt is owed to countries like China, Russia, Brazil, UK and Japan, oil producing countries, states, offshore banks, pension funds, insurance companies, and mutual funds. About $400 Billion is owed to "individuals."


VAMPIRES

If its any comfort, in relation, the US is the world's 20th largest debtor in proportion to GNP. In other words, the same Illuminati families have their teeth into many other countries.

For example, the US deficit is estimated to be 94% of GDP. In Germany it's 178% ($63K per person); France is 236% (78K per person); and UK and Switzerland are 400% and 422% respectively ( $140K & $176 K per person.)

So you see, the Illuminati bankers have limitless wealth and all they lack is unlimited power, a problem which "world government" will address. Then, no Congress will even attempt the charade of challenging the Fed's "independence."

---
Thanks to "Swampfox" for Assistance

Goldman Sachs Bankers Buying Guns for Self-Defense
http://www.bloomberg.com/apps/news?pid=20601039&sid=ahD2WoDAL9h0

Note: Father of Clinton fiancee Mark Mezvinsky, is former U.S. Congressman and convicted defrauder Ed Mezvinsky,  Mezvinsky served a prison term after he pleaded guilty to multiple charges of fraud in 2002. He was released last year after spending 80 months in prison. Mezvinsky was diagnosed with a bipolar disorder later in life, but was not allowed mental illness defense during his trial.

The seventy-two-year-old Mezvinsky served in U.S. Congress until 1976. He than worked for the United Nations Commission on Human Rights until 1979. In subsequent years, Mezvinsky ran for positions of the U.S. Senator, the State Attorney General, and the Lieutenant Govenor, but was unsuccessful at running for either position.

It is alleged Ed Mezvinsky pioneered the Nigerian Money Scam. Mezvinsky was a Philadelphia lawyer and self-styled international businessman who in some ways was a pioneer scam artist. Before the Nigerian advance fee scam became a ubiquitous experience in Americans' email in-boxes, Mezvinsky was deftly executing the scam in real time, convincing victims to hand over large amounts of cash based on his close connections to the Clinton family. 
 




Comments for " Half Of US Debt Is Owed to Fed"

Matt said (December 1, 2009):

Calculate that $13 Trillion per taxpayer and it's even more shocking.

If you make over $31,000, your share of the $13 trillion is $190,000 each.
If you make over $62,000, your share of the $13 trillion is $337,000 each.
If you make over $104,000, your share of the $13 trillion is $689,000 each.
If you are "rich" and make over $364,000, your share of the $13 trillion is over $3.8 million each.

Obviously the $13 trillion can't be repaid with income taxes. It will have to be repaid by seizing property.

The net-worth of US households is dropping sharply, but they tell us that the total is about $50 trillion.

So to re-pay that $13 trillion in debt, a "property tax" of 26% on all $50 trillion in wealth will have to be imposed.

Otherwise, we are headed for hyper-inflation.

Regards,

~ M.

(numbers derived from http://www.taxfoundation.org/news/show/22652.html)


Doug said (December 1, 2009):

Like usual, an awesome article, http://www.henrymakow.com/half_of_us_debt_is_owed_to_fed.html !!! It is a blessing to be able to read you online and I am also glad to know http://www.thetruthseeker.co.uk/index.asp is also online. In the end, for those who know Jesus Christ as their personal Savior (John 3:16) as I do, I know our true treasure rest with Christ! J

You sure are spot on things and all the branches of ok’ing / promoting the break up of Christian families, drugs, debt, feminism, taking Jesus out of school, movies that promote the occult directly or indirectly, etc, etc, leads to the trunk of the real issue which is worshipping the false god of satan. I realize more and more how this is not a fight against flesh and blood but about our souls which last for eternity! In the end, my faith lies in Jesus Christ and that is what keeps me smiling! J

Thank you for keeping us informed on things and I cherish reading your articles as they come online. Many blessings.

In His Eternal Grip,


Dave said (December 1, 2009):

Your stats point to the fact that ownership of money printing machines is the chief determinant of which materialistic god is served.
A more important but less publicized aspect of this godhood is the real wealth that this fake money can purchase. Repaying debts incurred by Banker loyalists is one thing...a clever slavery-creating tactic.

All these 'busts', as in the housing sector, gives the big boys more PROPERTY. This is how they plan to gain the world. The Queen owns all the Commonwealth crown lands. She is currently belching global warming. State lands are not for the common good but for disposal to Illuminati friends.

Ask Walmart how they got prime State lands. In Africa, Biological warfare will secure the continent for the global elites. In India, peasant debt will do the trick. War will bring in the rest of the land from other areas. If not, scalar weapons will cause such climatic reversals (as in Australia) that people will run from their properties. Property and prized metals, minerals and other substances....that's what they're after.

Australia has sizeable deposits of URANIUM!
So debt will bind the masses who will sell/implicate their properties and the masonic hierarchy will take possession.It all hinges on fake money and debt. Now, while the Zionists/Illuminati were doing their thing, Americans were buying guns and ammo.

No future outcome is cast in stone!


Dan said (December 1, 2009):

Goldman Sachs is now the board of directors of the United States Inc. The Fed Reserve Banks are the controlling share holders. I hope nobody thinks thats an allegorical statement. It's and accurate statement. Think of Congress as the office managers. Anyone who's worked in a corporation setting will recognize the reality of what I say here.

And the United States Corporation is about to be acquired as a subsidiary corporation of Global Cartel. For example, AT&T is a subsidiary of ITT, which means the CEO of AT&T is a VP of ITT.
Visualize a pyramid chart with Global International which is acquiring a number of formerly independent major corporations:
The United States Inc., European Union Corporation, British Commonwealth Nations Ltd., Russian Federation Incorporated, People's Republic of China Corporation, etc, etc.
The primary controlling interest shareholders of Global Cartel are Capstone Group. Their identities and location are undisclosed, but we hear their board of directors are the Council of 13.

To get the big picture, I advise friends to get in the habit looking at news from other countries news sources. Every region's news is propaganda too, but you'll see more detail of news of similar events in the other 'subsidiaries' which isn't reported in American news. BBC, the British press, Canadian, Australian, and Russian are perfectly accessible for English readers.
The you can have greater insight that the same economic blackmail technique by which the Fed/Goldman Sachs Combine used to extort 17 trillion in debt protection payoff from rank and file shareholders of United States Inc. so they wouldn't burn the store down. The street name for it is 'protection racket' and the genteel term is 'Insurance'.

For example. Today the largest mortage lender in Dubai filed bankruptcy on trillions or vapor debt owed the IMF. IMF whips out a match and can of gasoline and says, "If we don't get 15 trillion by midnight, there's going to be a chain reaction of bankruptcies around the globe and the global economy is going to burn down.....AGAIN. Get it from your government. All the threatened country shop owners around Dubai call the Dubai government and say, 'give 'em the money or we all burn down!'. Dubai says, "Hell no. these guys in Dubai screwed up, we're not going to bail them out."

The IMF spokesman was questioned, he just smiled and said, "that's okay if the Dubai goverment won't bail them out. Abudabi next door will be next to collapse if the Dubai note isn't paid. And if Abudabi won't bailout the Dubai mortage lender bank -- somebody else will'.

This is the racket.


Robert said (December 1, 2009):

There has been little thinking about some fundamental questions, such as

(1) Who are the rightful owners of created financial credit?

(2) What considerations should determine the amount of new financial credit issued
in any given period?

(3) By what route should financial credit be injected into the economy?

A summary of an approach to credit creation differing from that of the hocus-pocus
bankers and orthodox economists can be found in the Wikipedia article on "Social Credit".


Henry Makow received his Ph.D. in English Literature from the University of Toronto in 1982. He welcomes your comments at