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Corrupt Government
See other Corrupt Government Articles

Title: The Debt Crisis and Hamburgers
Source: [None]
URL Source: http://whatreallyhappened.com/WRHARTICLES/debtburger.php
Published: Feb 17, 2012
Author: Michael Rivero
Post Date: 2012-02-17 16:23:18 by Capitalist Eric
Keywords: None
Views: 122

Let us imagine for a moment that you go to a restaurant, and you place an order for a hamburger. The proprietor of the restaurant tells you the cost is $10 for the hamburger, and you pay $10 for the hamburger. You get your food. It is well worth the money you paid for it, and you have no complaints. Then when you are done eating, the owner of the restaurant shows up at your table, apologizes profusely, explains that he underestimated the real cost of providing you with the hamburger he agreed to serve you and hands you a bill for an additional sum he had to borrow in order to provide the meal plus interest since the start of your meal. Do you pay it? Of course not. You, the customer, entered into a verbal contract with the proprietor of the restaurant to provide you with your meal at the price agreed to by all parties prior to the transaction.

If the proprietor of the restaurant has miscalculated the cost of meeting his agreed-to obligation to the customer, is the customer obligated to cover the shortfall? No. The proprietor of the restaurant is responsible for the error, and if he cannot meet his agreed-to obligations for the agreed-upon price, he should declare bankruptcy, go out of business, and make way for a new restaurant with better fiscal sense.

Simple common sense!

Let us imagine for a moment that you live in a nation, and you request some benefits. The government tells you the cost is $1000 for the benefits, and you pay $1000 in taxes for the benefits. You get your benefits. They are well worth the money you paid for them, and you have no complaints.

Then when you have your benefits, the government shows up at your door, apologizes profusely, explains that it underestimated the real cost of providing you with the benefits it agreed to provide and hands you a bill for an additional sum it had to borrow (from the bank where you keep your retirement savings) in order to provide the services, plus interest since the start of your use of the benefits. Do you pay it? Of course not. You, the citizen, entered into a verbal contract with the government to provide you with your benefits at the taxes agreed to by all parties prior to the transaction.

If the government has miscalculated the cost of meeting the agreed-to obligation to the citizen, is the citizen obligated to cover the shortfall? No. The government is responsible for the error, and if it cannot meet it's agreed-to obligations for the agreed-upon price, it should declare bankruptcy, go out of business, and make way for a new government with better fiscal sense.

Simple common sense!

Of course, at the present time, it is not so simple. The US Government, having already spent trillions of the public's money (against the people's wishes) to save Wall Street CEOs from having to go to prison for the Mortgage-backed Securities Fraud, has run short of money. Trillions more in war payments, extortion payments to Israel, and the largest mass murder machine in the history of mankind all have taken their toll. The government, in desperation, tells you that if you do not pay the higher taxes, or allow the government to borrow more money from the banks (including the bank where you keep your retirement savings) which your children will have to repay, they in turn will refuse to repay the money they already borrowed from the bank where you keep your retirement savings, and you will have no retirement.

Extortion, it seems, is contagious.

The claim is constantly made that "we" (meaning the citizens) have already spent the almost 100 trillion dollars that the Federal Government owes and that therefore "we" (meaning the citizens) must repay it.* This is nonsense. No taxpayer alive now ever voted or otherwise agreed to allow the government to borrow money on their behalf and agreed to underwrite the resultant ruinous interest obligation. No citizen spent that money. The government spent it, to keep promises it had no business making in the first place, to do favors for foreign governments, to wage pointless wars, and to buy get-out-of-jail-free cards for their Wall Street cronies. One need only look at the dilapidated condition of our roads, schools, and hospitals to see that precious little of the American peoples' money has been spent on the American people now expected to pay the costs of the government's "generosity."

The Federal Reserve Act (Otherwise known as the currency act) was voted into law December 23, 1913. This is the law that replaced our government-issued value-based currency with paper notes borrowed from the central bank at interest; said interest having accumulated over the last century into the crushing debt to which we are pledged as slaves by the same US Government that made that deal with the devil in 1913.

The people who voted in that law are all dead. So is the President who signed it.

No taxpayer alive today had anything to say about repaying any money the government borrowed to keep it's promises. We did not have any choice in the matter. We did not choose to accept this obligation. It has been forced on us. It was manufactured for us by a government that spends the peoples' money not on the people, but on wars of conquest, gifts to Israel, and endless bailouts for Wall Street and European bankers.

Certainly the young people who are becoming voters and taxpayers this year have had no say at all about the almost 100 trillion dollar debt that our government hands to them and says, "This thou shalt pay". To so encumber our children without their permission is at best indentured servitude; at the worst outright slavery. It is time for the slaves to rebel.

We The People didn't borrow that 30 trillion dollars. We The People, those of us alive today, paying taxes today, have never had the opportunity to decide whether or not we are obligated to cover the bad debts of a government that gets elected by selling $10 dollar hamburgers, only to tell us after election day that they really cost $15 and we are now obligated for that additional $5.

Every man, woman, retired senior citizen and even the tiniest newborn baby are being told that they and their future generations owe millions of dollars extra for services that were bought and paid for by an agreed-to tax rate. Worse, while we may have ordered a hamburger from the menu, the government served us pizzas (bombs) and spaghetti (Wall Street bailouts) and a Bagel (Israel) against our wishes and demands we pay them for those as well.

Are those tiny newborn babies really obligated to pay millions of dollars over their lifetime because of a law passed 100 years before they were born?

Are those tiny newborn babies really obligated to pay millions of dollars over their lifetime because our government makes promises it cannot keep?

Or is it time for the Federal Government to declare bankruptcy, or for the American people whose Social Security money has been embezzled to save Wall Street to foreclose on the DC deadbeats and make way for something better?

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