Friday, November 19, 2010

OUR AMERICAN DOLLAR: WHO'S PROTECTING IT??

Our money is spent through Appropriations Bills passed by The U.S. Senate and signed by the President.  Our Government DOES NOT HAVE ANY MONEY, it takes our money from us and borrows more, then spends all that money.  GET THAT:  Government takes our money and then borrows more and that is what they spend!!! The bailouts of 2008 and 2009 are nothing more than deficit spending.  Expect to see enormous deficits in the foreseeable future, leading to much more debt; and INTEREST PAYMENTS ON THAT DEBT WILL BECOME THE LARGEST ITEM IN THE FEDERAL BUDGET.  Of course, Obama boldly told Americans:  "We are out of money."

In 1913, when the Federal Reserve was created with the duty of preserving the dollar, one twenty dollar bill would buy one twenty dollar gold piece.  Today, 70 twenty dollar bills will will buy one twenty dollar gold piece.  Under the Federal Reserve custody, the U.S. dollar has lost 98% of its value.  The dollar is the storehouse of our wealth.  Has the Federal Reserve faithfully safeguarded that storehouse.....NO...BUT HELL NO!  

THOMAS JEFFERSON TAUGHT US:   

"In questions of power let us hear no more of TRUST IN MEN, but BIND them down from mischief with the chain of the .....................CONSTITUTION"!!!!

Posted via email from Anointed One

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