The US debt ceiling charade
Failure to mention Fed ownership is a cover-up
Mock-up of a sovereign US currency denominationThe serial boogeyman is back again, with the Anglo-Euro-American banking cartel’s puppets blaming everything from US government overspending to Congressional obstinacy for this annual melodrama.
Let’s begin with the US Secretary of the Treasury Janet Yellen’s recent repeated warnings:
'Start taking extraordinary measures'- Treasury Secretary issues ultimatum to Mike Johnson
In a letter to House Speaker Mike Johnson (R-La.), Treasury Secretary Janet Yellen suggested that the United States is on the precipice of economic calamity unless lawmakers act quickly in the coming weeks.
Yellen wrote on Friday that the United States will soon need to raise the statutory debt ceiling in order to stay current on its debt service obligations, and that the U.S. is in danger of defaulting on its debt as soon as January 14 unless new legislation is passed. In the letter — which was also addressed to other key congressional leaders like House Minority Leader Hakeen Jeffries (D-N.Y.), Senate Majority Leader Chuck Schumer (D-N.Y.) and Senate Minority Leader Mitch McConnell (R-Ky.) — Yellen hinted she may be forced to act within her capacity to stave off an economic crisis, though she didn't elaborate further.
Yellen ignores mentioning ownership of the Federal Reserve System on purpose, because doing so would reveal that it is a privately owned central bank in violation of the US Constitution. What she terms “debt service obligations” are the principal and interest on the bonds issued by the US Treasury department in exchange for Federal Reserve Notes (private bank notes) debited to its accounts by the financiers who control the Fed).
The solution is simple: Nationalize the Fed. Make it a public utility and replace Federal Reserve Notes with sovereign US dollars, as we explained in 2018:
Transforming the U.S. and Global Economy
Basically, pay off all the bondholders except for the Fed, the owners of which will be prosecuted for their unconstitutional scam.
The list of those promulgating the same misdirection goes on and on:
Rand Paul's List of Excessive Government Spending
https://www.hsgac.senate.gov/wp-content/uploads/FESTIVUS-REPORT-2024.pdf
Of course there is wasteful government spending that should be curtailed, but simply cutting the pork from the budget does not address the root cause of the problem: private control over money creation by a handful of financiers whose objectives are power, profit, propaganda, and population reduction.
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Ukraine will now be paying more for US gas than in paid for Russian gas, much like the events that precipitated the 2014 US-backed electoral coup d’etat after Ukraine signed a deal with Russia to finance its debt and the US replaced this with a more usurious agreement.
Ukraine has received from the United States the first batch of liquefied natural gas (LNG) with a volume of about 100 million cubic meters, the Ukrainian energy holding company DTEK announced. …
It is also specified that this delivery is aimed at ensuring Ukraine's energy security and was made a few days before the termination of the transit of Russian gas through its territory.
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Homelessness hit a record high in the US this year
More than 770,000 people experienced homelessness in 2024, an 18% increase from 2023, the US Department of Housing and Urban Development reported. It was the largest annual increase since HUD began collecting the data in 2007 (excluding the jump from 2021 to 2022, when the agency didn’t conduct a full count due to the Covid-19 pandemic).
The surge in homelessness was driven by a lack of affordable housing, a rise in migrants seeking shelter and natural disasters, which caused some people to be displaced from their homes, the report said.
Notice that there is no mention of the economy which, truth be told, is stratified with the 1% thriving at the top and most everyone else struggling to make ends meet or going bankrupt and homeless.
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More Than 5,000 US Flights Delayed, 200 Canceled on Christmas Eve
American Airlines was the most affected U.S. carrier on Tuesday, accounting for 1,064 delayed and 92 canceled flights. According to the company, it suffered a technical issue which forced it to ground all aircraft. The halt lasted for roughly one and a half hours.
Odd how this happens during every major holiday.
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NATO to boost forces in Baltic Sea after suspected cable sabotage
NATO will increase its military activities in the Baltic Sea following a string of undersea cable disruptions, the alliance’s chief, Mark Rutte, has said. …
NATO members regularly conduct naval drills in the region and contribute to so-called air-policing missions, during which fighter jets fly close to Russia’s borders. Since 2014, the alliance has been steadily increasing the forces stationed on its eastern flank, citing the conflict in Ukraine.
The Estlink 2 cable, which connects Finland and Estonia, was damaged on Christmas Day. On Wednesday evening, the Finnish Border Guard service seized a Russian oil tanker, the Eagle S, on suspicion that its anchors had cut the cable.
Apparently, it’s okay to sever Russia’s pipelines (Nordstream), but it’s not okay when NATO’s cables get cut.
Putin apologizes over deadly plane crash
“The Azerbaijani passenger plane, which arrived on schedule, made repeated attempts to land at the airport in Grozny,” the statement said. The capital of Russia’s Chechen Republic, as well as other cities in the region, “were being attacked by Ukrainian combat drones at the time, and Russian air defences were repelling those attacks.”
The US is trying to sell the crash as a result of Russian actions, but it actually occurred as a result of US and NATO actions via their puppet state of Ukraine, creating a war zone near the airport.
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