Where Does the Money Come From?

A couple days ago on the RushLimbaugh show he was interviewing Vice-President Cheney. Twice he asked Mr. Cheney where the monty to do these bailouts was coming from, citing numerous requests from listeners concerned about it.

both times Mr. Cheney talked about all other aspects of the bailouts, but not once did he address the question so deftly presented by Rush Limbaugh.

so, where does the money come from?

The term, "conpspiracy theorist" is a tag that public figures shy away from like the plague. But, in things political and monetary, it is no hokey-pokey idea to be shrugged off so easily. We Americans have an interesting monetary system. It is debt based, not gold standard based. If money is needed, the Treasury orders it from the Federal Reserve Bank.

If you've been thinking that is just another pocket of cash that the government holds, then think again. Ever wonder why, and to whom, the interest figure in the national budget is owed? Oh, sure, a lot of it is owed out on Treasury bills and bonds held by citizens, foreigners and foreign governemnts. Eventually, it all comes down to owing the Federal Reserve.

To pay off the national debt, our money supply--available cash in the economy--would have to be reduced--take what is collected from citizens in taxes and return it to the Federal Reseerve. Or, borrow more money to pay off the older debt. M-1 and M-2 are the labels given to the money supply.

So, the money to bail out those companies must come from the Federal Reserve. About 1820 or so, Nathan Rothchild stated that "give him control of a nation's money supply and he would not care what the country's laws are."

The Federal Reserve System is not U.S. Federal. It is a system of private banks owned by elite banking families of the world. It was begun in a conspiratorial gettogether of those banking folks back in 1913 at an island off the coast of the Carolinas and called the Federal Reserve System to mislead the American people into accepting it by law as the monetary system of the USA.

I understand that if Congress prints currency, it then sells the printed bills to the Federal Reserve at 10 cents on the dollar. Then the US buys them back at face value to put into our treasury. However, coinage is pressed and sold to the Feds at face value. Strange workings, eh?

Probably, we would not have had the economic expansion of the 20th century under any other, tighter system, but one can see how it has gotten us into great financial difficulty in relation to the world community of nations. And, sad to say, he who holds the gold, rules.

Mr. Cheney did not answer Limbaugh's questions because the answer would create more questions than answers are allowable at this point.

Gene Lawley

President Bush Has Stood Solid

I get tired of the self-styled, know-it-all writers, both nationally and locally, who declare Presidnent Bush a dumbell and absent of intelligent--now compared to the brilliant intelligence of President-elect Obama.

Its a lot like the critics of Abraham Lincoln in his day. He was fixed on saving the nation from permanent separation, showing great strength of character in the face of terrible conditions and opposition. President Bush declared on the day after 9/11 that the threat of terrorism was worldwide and he would lead the effort to overcome it wherever it may be, including those who harebored terrorists, supplied them, and hid them. He said then that it would not be a quick, short-term effort. Everyone was for it, backing the President. Liberals soon forgot.

Liberals have wanted to classify the 9/11 attack as a mere police action and not a war, thus accusing Mr. Bush of not going after bin Laden directly. They would not have done it. Clinton never did, nor any before him. Jimmy Carter could not get our citizens out of Iran's captivity. He was putty before Iran.

Critics launch attacks at Mr. bush as if they had sat in on national security briefings and new all the facts about a situation, so their wisdom, so--called--is so much better than the President's. The conclusion that Iraq never did have weapons of mass destruction because none were discovered there is one of the most stupid, ill-informed conclusions to come out of this era. All intelligence before Mr. Bush came into office was that they had WMDs; they had used them against Iran earlier.

They were capable of supplying and hiding terrorists, given the attitude of Saddam Hussien and his ignoring of UN resolutions. Thus, the move into Iraq was within Mr. Bush's declaration on September 12, 2001. He has stood on principle.

The liberal left, led by the liberal news media, have developed in this nation a disdain and hatred for President George W. Bush that is ill-founded, based on lies and fiction. Liberal writers, like those of the New York Times, write of Bush's "failed policies" in a blanket sttement, yet can they name any of them?

Here are some that did not fail: 1) Tax cuts stimulated the economy and increased and sustained employment; 2) The war in Iraq was right, the surge worked, and all would have been done much sooner had the liberal faction put the nation ahead of their socialistic and anti-American agenda. I am not afraid to call a spade a spade: many of those liberals and Bush-haters are clearly
unpatriotic, and some are traitors!

In the matter of Mr. Obama's intelligence being so much better than George Bush's, do you wonder about what motivates the news media leaders? On the night of October 31, 2008, on the Charlie Rose program on National Public Television, he and Tom Brokaw were asking each other what they really knew about Obama. About his foreign policy positions and other high-level issues of critical national importance. Neither of them could come up with anything. Both of them admitted they knew very little about lMr. Obama, though they had delighted in embracing and promoting his candidacy throughout the campaign. THEY KNEW NOTHING ABOUT HIM!

Why did they not think of asking for his records of his schooling, his law school teaching, writing, positions, etc.; his associations with political and radical figures in Illinois; his records of birth? Mr. Obama has seen that all those records have been locked up. Why? The next day after Sara Palin was nominated, the media went to work to dig up anything tey could find about her that could be used to dishonor her before the public. They did the same on "Joe, the Plumber" and he was not even running for office! I see great effort for DECEPTION in all of this.

Why does a bank robber pull a silk stocking or ski mask over his head when he goes into the bank? Because it's stylish? Or, maybe his face is cold? No, it's to hide his true identity.

October 31, the night of ghostly things, and Tom Brokaw and Charlie Rose, with seemingly little concern, disclosed a very scary thing!

That's my take on things political.

Gene Lawley