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USA Monetizes our Debt for the First Time

A little over a week ago, the Government “Monetized” their debt. Nobody heard about it because everyone was throwing tomatoes at the AIG executives who received their contractual bonuses.

By the way, governments don’t ever declare bankruptcy because they have their own money system. Instead they just try to ’spend’ their way our by printing more money.

This is a must watch, even if you think Glenn Beck is a Right Wing Fanatic etc….

http://www.youtube.com/watch?v=YW9a_O9oTtg

http://www.youtube.com/watch?v=1CXOtG8nVdI

This entry was posted on Saturday, March 28th, 2009 at 6:12 AM and is filed under Flag Waving. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “USA Monetizes our Debt for the First Time”

  1. Mom Says:
    March 31st, 2009 at 4:24 PM

    Thanks, Robin, for posting the information that everyone should pay attention to…. Keep up the good work passing the truth along.