Senator Obama Wants to Spend Billions to End Poverty
By Patrick Timpone
This story exemplifies how critical our, soon to be published pod casts,“The Real World Money”, are for you to hear. Senator Obama said todaythe U.S. should give about 65 Billion Dollars a year over 13 years tohelp end poverty.
Who doesn’t want to end poverty? Where is the money going to comefrom is a more relevant question? According to the Comptroller of theU.S., The former Treasury Secretary of the U.S. and our money expertAndrew Gause, the U.S. has in the neighborhood of 40 Trillion dollarsof total debt. That is Trillion, a thousand billion. Stated debt forgeneral consumption is about 9 Trillion and what we the peoplecurrently pay interest on which amounts to about 1 Billion dollars aday, once again that is interest on the 9 Trillion they”admit” we owe.
Where does all this money come from? It is created out of thin airby the private banking cartel, The Federal Reserve. The Federal Reserveis neither Federal nor do they have reserves. This is straight out of
When dollars are created, the money supply is diluted and the dollar is worth less. It’s as simple as that.
All politician’s, except Ron Paul, are either clueless about howmoney works, or know and don’t care. Either way, it is a extremelydangerous and serious situation. You should learn about this and
understand how to protect yourself in the future.