Fed Balance Sheet Composition Update

Well yes, from what I understand, it is the grand plan for banks to soon govern the world.
I just don't think anyone told Iceland about it

"The truth is that no sovereign nation on earth ever has to borrow a single penny from anyone.

In theory, there is nothing stopping a government from printing up debt-free money and spending it into circulation.

But that is not the way our world works.

Instead, our national governments borrow money that has been zapped into existence out of thin air by central banks.

Now what kind of sense does that make?

Why don't our governments just create the money themselves?

If the government of Greece had been directly issuing debt-free Greek currency all these years, they would have a national debt of zero and they would not be in the middle of a deep depression today.

So why isn't anyone proposing that they go to such a system?

Instead, everyone is trying to figure out a way that the Greeks can muddle through this depression and keep paying on their unsustainable debts.

It is such a tragedy what has happened to Greece. The city of Boston has a larger economy than the entire nation of Greece at this point.

But this is what happens when you allow the bankers to trap your country in debt. The central banking systems of the world are designed to be endless debt spirals that systematically transfer wealth from the people through the governments and into the hands of the ultra-wealthy.

Just look at what is happening in the United States. The U.S. national debt is now more than 5000 times larger than it was when the Federal Reserve was first created.

Greece, Spain, Italy, Portugal and the rest of the nations of the western world did not get into all this debt by accident.

This happened by design."

from economic collapse website

http://youtu.be/aGEuOLLo6eA

This needs to have a couple million views...

True...Iceland population revolted.....

USD are going to be weaker...& eurusd bullish..http://www.facebook.com/groups/391304457605504/

The last US president who printed debt free dollars without being approved by the banksters was Lincoln. Kennedy tried the same trick printing USD outside of FED Banksters control with the same result. Never mind the press, forget about who was the real killer, follow the money. Only the banksters reaped a benefit from both deaths. No banker will give you the time of day unless you owe him/her interest on a debt.