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National Debt Feud or Fraud?

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By Larry Lathrop



National Debt Feud or Fraud?

The National Debt is currently well over 10 Trillion Dollars

The stage is being set and now the signs are legion that America as we know it will soon fall as a World Power. “Show Me The Money!” Just as Ancient Babylon and Rome fell from within, the seeds of destruction were sown in the United States of America by a powerful group of Private Bankers who spearheaded an effort to control the country financially through the 16thAmendment to the Constitution of the United States [the nefarious Income Tax Amendment] and it’s companion legislation The Federal Reserve Act [a Centralized National Bank w/powers to issue currency]. The details of this coup upon the American people are accurately explained in G. Edward Griffin’s book “The Creature from Jekyll Island” and is a must read for truth seekers. The old adage is “If you want to get to the truth just follow the money trail” and that is exactly what Dr. Griffin has done.



Will the US Cease to Exist?

Respect for the Rule of Law

America, though not perfect, was once a country where the Rule of Law was upheld and respected. The US Constitution was [and lawfully still is] the” Supreme Law of the Land” and all laws to the contrary not withstanding were held to be “null and void” [American Jurisprudence]. The citizens demanded nothing from government in the form of bailouts, subsidies, rebates or tax exemptions. They were jealous for their Constitutional Bill of Rights and new that the government that governs least governs best. Today there is very little respect for the Rule of Law and even public officials regularly violate their oath of office "...to protect and defend the Constitution of the United States..." which leads first to chaos and then to despotism.

Money as Debt

When the expressions “Sound as a Dollar” or “as Good as a Gold” were used to describe the American Dollar it conveyed a solid confidence in the integrity and strength of not only the American Economy but of the American Form of Government as well. The reliability of the US Dollar was renown throughout the world because it was redeemable by law in “real money” that is silver or gold dollars until the Gold Confiscation Act of 1933 [by Franklin Roosevelt] which began the downward slide of the Dollar. Since then all promises to pay have been removed from the Federal Reserve Note and it has become an instrument of indebtedness making the American people liable for a interest bearing National Debt that their government representatives have bound them to.[Hence the term Bond Issue] The reputation of America as the “Land of the Free and Home of the Brave” was well deserved at one time but today it is only a hollow illusion of that former greatness. Like the old over the hill prize fighter that’s living on dim visions of past glories and an empty purse the American people make boast of their freedom but the reality is far from them because they have sold their birth right for a mess of debt pottage. Mortgage debt, Consumer debt, Business debt, National debt and the lender is the true master of all that he surveys. If we look behind the wizard’s curtain of Oz we will see the puppet masters hard at work pulling the strings of public opinion, ushering in champions or pretended saviors to deceive the mob and crafting emergency legislation that is never read until after it becomes law. Woe unto them who frame mischief by a law.

US History of Debt Money & Federal Reserve

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