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Debt Crisis Solutions of The Conventional Kind Cannot be Found to Solve The Impasse in Which The United States Finds Itself; The Only Solution is The Final Solution.

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The United States is a nation state that is in decline. Everything that is now the matter with the U.S. goes a lot deeper than too much debt.

Looking for debt crisis solutions is to miss entirely the point of what is happening in the U.S. today.

Admittedly the U.S., and specifically the U.S. government, is indebted to an extent that is breathtaking. The Treasury Department admits to owing $8.5 trillion.

Independent observers such as media and information company Gannett (publishers of USA Today) have stated that the total debt of the U.S. government is about $73 trillion.

With private debt (ordinary U.S. citizens are also to blame) the total debt is around $117 trillion.

Let’s talk about government debt before discussing debt crisis solutions.

Some of the government debt, of course, is from illicit borrowings from funds meant for Social Security, Veterans’ Benefits, Government Employee pension plans, and other such sources.

A small though undisclosed amount is owed to foreign countries. But Uncle Sam owes most money of all to the Federal Reserve Bank.

With these kinds of figures bandied about, it is clear that the $700 billion Bailout Bill was a mere drop in the ocean, designed only to bailout certain favored Wall Street firms.

Uncle Sam is out of his depth when it comes to finding debt crisis solutions.

The reason for this is that the government departed a long time ago from any consideration of what real money is.

Real money has a value all of its own. Real money is like a certificate for something else.

For instance, John F. Kennedy in 1962/63 issued Executive Order 11110 which allowed the Treasury Department, in terms of the U.S. Constitution Article 1, Section 8, to print Silver Certificates.

U.S. citizens could use this as currency, and in fact rushed to do so, but the important thing about them was that they were officially redeemable for real silver.

It said so on the certificate itself, and real silver was moved around so that there was a supply of silver available should anyone want to cash in their Silver Certificates.

Now look at the dollar bill in your pocket. (Bill is a good word for it: this is a bill the American people are going to be paying just about forever).

Now look at what it is redeemable for. The answer is: it is not redeemable for anything except another dollar bill.

The root of the problem, and the matter that must be addressed in any debt crisis solutions, is that the U.S. currency is entirely worthless except for the value of the paper and processes used to create them, which is comparable to the price of producing toilet paper.

Incidentally, for his trouble John F. Kennedy got a bullet in the head and the Silver Certificates were swiftly removed from the market.

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Economic Crisis: Causes and Solution

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Who Killed JFK?

We don’t know who pulled the trigger but we certainly know who killed him.

The owners of the Federal Reserve Bank killed him because he had the audacity to have the government print real money, even though this was Constitutionally allowed.

If warning bells are ringing in your head as you read this and you are thinking this is a conspiracy theory, it is not.

It is simply a fact that the Federal Reserve Bank, despite its high-sounding, official, and respectable name, is a private concern owned by anonymous shareholders, and the Fed is the owner and controller of the U.S. dollar.

It has the sole right to create and manage money. And this is the important point it does not have to base the money on anything at all.

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Fictitious Money, Real Profits

If the Fed wants to create money it just creates it. An official phones the U.S. Mint and the mint prints the money.

The U.S. government issues a treasury bond in return a piece of worthless paper that is a sort of receipt.

The U.S. taxpayer pays for the paper and production costs of creating the currency. The Fed then gets its money and lends it out at interest.

The trillions of dollars of interest it accumulates every month from tax dollars are rapidly converted into real wealth for the shareholders of the Fed in the form of real estate, precious metals, and other valuable resources, stocks of multi-national firms, etc.

The Fed knows better than anyone how worthless the U.S. dollar really is!

And what’s nice for the owners of the Fed is that it has never been subjected to an outside audit and it has never paid taxes.

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Debt Crisis Solutions Must Include Dumping the Dollar

Any debt crisis solutions anyone comes up with must include adhering to the Constitution and returning the power of coining money to the American people.

Dramatically curtailing the value of the U.S. dollar, then replacing it with a currency that has some intrinsic value, would have to come next.

It does not take much imagination to realize that this is going to involve an incredible amount of financial pain for the American people. But there is no other way except to get out of debt with the Debt to Success System.

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