If you need proof that our fiat currency is a conspiracy between the government’s Department of the Treasury and the privately-owned Federal Reserve – and that the Congressional budget process is little more than Kabuki Theater to mask the theft of taxpayer money, look no further than these stories about your government.
The coin that could avert a federal debt default
Why it matters: The gambit, if successful, would prevent the potentially catastrophic debt default that, thanks to Congressional intransigence on both sides of the aisle, is looming fast.
The big picture: When a U.S. Treasury secretary is tasked with averting a fast-looming potential cataclysm, she has to consider all possible options — even those that seem bizarre at first light.
How it works: The Fed, once given the coin, would credit Treasury's account with $1 trillion that would not count towards the national debt.
Driving the news: Bloomberg executive editor Joe Weisenthal, who has an invaluable FAQ on the issue, says that he's "been coinpilled since at least 2013". More recent converts include Nobel laureate Paul Krugman; economist Dean Baker; former Mint director Philip Diehl; members of Congress including Rashida Tlaib and Jerry Nadler; and others including Hayes Brown and Zachary Carter.
The other side: The trillion dollar coin would allow the government to spend money without borrowing it or raising it via taxation. That could be a dangerous precedent to set.
And here comes the surveillance state, made more fascistic as the government coerces private companies to act as their secret agents to do what may be legally impermissible – including domestic spying on innocent American citizens without a warrant backed by probable cause.
Exclusive: Government Secretly Orders Google To Identify Anyone Who Searched A Sexual Assault Victim’s Name, Address And Telephone Number
The U.S. government is secretly ordering Google to provide data on anyone typing in certain search terms, an accidentally unsealed court document shows. There are fears such “keyword warrants” threaten to implicate innocent Web users in serious crimes and are more common than previously thought.
It’s a rare example of a so-called keyword warrant and, with the number of search terms included, the broadest on record. Before this latest case, only two keyword warrants had been made public. One revealed in 2020 asked for anyone who had searched for the address of an arson victim who was a witness in the government’s racketeering case against singer R Kelly. Another, detailed in 2017, revealed that a Minnesota judge signed off on a warrant asking Google to provide information on anyone who searched a fraud victim’s name from within the city of Edina, where the crime took place.
While Google deals with thousands of such orders every year, the keyword warrant is one of the more contentious. In many cases, the government will already have a specific Google account that they want information on and have proof it’s linked to a crime.
But search term orders are effectively fishing expeditions, hoping to ensnare possible suspects whose identities the government does not know. It’s not dissimilar to so-called geofence warrants, where investigators ask Google to provide information on anyone within the location of a crime scene at a given time. <Source>
And, the government is planning to see everything you purchase and your money will belong to them…
Fed Prepares to Launch Review of Possible Central Bank Digital Currency
Officials will release a paper and solicit public comment, but are unlikely to decide soon on government-backed cryptocurrencyThe Federal Reserve plans as early as this week to launch a review of the potential benefits and risks of issuing a U.S. digital currency, as central banks around the world experiment with the potential new form of money.
Fed officials are divided on the matter, making it unlikely they will decide any time soon on whether to create a digital dollar. Unlike private cryptocurrencies like bitcoin, a Fed version would be issued by and backed by the U.S. central bank, a government entity, as are U.S. paper dollar bills and coins.
Advocates say a Fed digital dollar could make it faster and cheaper to move money around the financial system, bring into it people who lack bank accounts and provide an efficient way for the government to distribute financial aid.
He and other Fed officials have said the Fed’s research is early and exploratory. He said at a Sept. 22 press conference that they would only consider issuing a so-called central bank digital currency—or CBDC—if they believed there were “clear and tangible benefits that outweigh any costs and risks.”
Mr. Powell has pointed to other challenges, noting many Americans actively use and prefer cash. He also said there are privacy issues that would need to be addressed, since a Fed CBDC system would in theory allow the central bank to see what every user did with the currency.
A Philadelphia Fed report warned that a U.S. central bank CBDC could destabilize the financial system in a crisis if people pull their money out of banks, mutual funds, stocks and other investments and plow it into the Fed’s ultrasafe currency.
Why the Fed Is Considering a Digital Dollar
Some advocates say CBDCs could help improve the effectiveness of monetary policy by allowing a central bank to change interest rates directly on accounts holding CBDCs. This could allow central banks to bypass often fickle financial markets and bring monetary policy right to the retail level.
[OCS: Google “negative interest rates,” which means the government charges you (in addition to taxation) for holding your money – forcing you to spend money before your purchasing power declines. Did I mention instant taxation?]
Private offerings of digital currencies have been extremely volatile, and in many cases have been associated with criminal activities and have so far failed to be adopted widely for daily transactions, such as for buying groceries or movie tickets.
China created its own government-issued digital currency earlier this year and recently prohibited transactions using cryptocurrencies issued by nonmonetary authorities, naming bitcoin, ether and tether as examples. El Salvador, meanwhile, became the first country in the world to adopt bitcoin as a national currency alongside the U.S. dollar.
The devil is in the details, and the Democrat Party is pure evil. Remember that at the polls in 2022 and stop this madness.
We are so screwed.
“Nullius in verba.”-- take nobody's word for it!
“Beware of false knowledge; it is more dangerous than ignorance.”-- George Bernard Shaw
“Progressive, liberal, Socialist, Marxist, Democratic Socialist -- they are all COMMUNISTS.”
“The key to fighting the craziness of the progressives is to hold them responsible for their actions, not their intentions.” – OCS "The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius “A people that elect corrupt politicians, imposters, thieves, and traitors are not victims... but accomplices” -- George Orwell “Fere libenter homines id quod volunt credunt." (The people gladly believe what they wish to.) ~Julius Caesar “Describing the problem is quite different from knowing the solution. Except in politics." ~ OCS
“The key to fighting the craziness of the progressives is to hold them responsible for their actions, not their intentions.” – OCS
"The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius
“A people that elect corrupt politicians, imposters, thieves, and traitors are not victims... but accomplices” -- George Orwell
“Fere libenter homines id quod volunt credunt." (The people gladly believe what they wish to.) ~Julius Caesar
“Describing the problem is quite different from knowing the solution. Except in politics." ~ OCS