[chattels] I am reading where some commentators are saying that Maliki loses his powers as Prime Minister on the 15th when a "caretaker government” begins. My understanding is that in a parliamentary form of government that the incumbent government is the ” caretaker government ” until the next government is seated and of course that would mean that Maliki is the chief executive until replaced by a new government.
[SpecialAgentGibbs] The "Matrix is closer to real life truth than most can even fathom
[SpecialAgentGibbs] The parallels are boggling
[ivy10] SpecialAgentGibbs how so?? please
[SpecialAgentGibbs] The Orwellian factor is VERY real folks. In fact the movie "The Matrix" was based on it
[sagefemme] SpecialAgentGibbs now that is the first time i have heard that statment orwelian
[SpecialAgentGibbs] sagefemme George Orwell
[SpecialAgentGibbs] sagefemme Once you take the red pill, there is NO going back!
Johnnie is back at home. Just been released from the hospital and planning to spend the 1st night at home resting.
I thank you all for your prayers and suggestions.
I’ll be posting again tomorrow morning.
[Jester] HI EVERYONE... HOWS IT GOING TONIGHT?
[Jester] I JUST THOUGHT I'D POP IN AND SEE WHAT IT GOING ON... HAHAHAH...
[Hannah] Jester Hello. Could you please refresh my memory. What is the dollar value of the bonds held by the Chinese?
[Jester] Hannah WELL DEPENDS ON WHAT BONDS YOU ARE TALKING ABOUT...
[Hannah] Jester Oh ... well, I was trying to figure out how much of the $17.5 trillion national debt might be relieved by the bonds. I guess I don't know the types of bonds they hold
[Jester] Hannah IF MEMORY SERVES THE DEBT GOES LIKE THIS..
[Jester] ABOUT $10T IS OWNED BYT PRIVATE INVESTORS, CORPORATIONS, STATE GOVERNMENTS AND EVEN SOME LOCAL GOVERNMENTS... AND YES FORIEGN COUNTRIES...
[Jester] CHINA IS THE BIGGEST OWNER AND I BELIEVE THEY HAVE SOMEWHERE BETWEEN $1.2T AND $1.5T AT THIS TIME...
[chasen] Jester if the fed loaned paper backed by nothing why do we owe it back at face value with interest?
[Jester] SO JUST AROUND 10% OF OUR TOTAL DEBT...
[Hannah] Jester Gosh ... I was way off on that. I thought it was much more. Thanks
[Jester] In total, China owns about 8 percent of publicly held U.S. debt. Of all the holders of U.S. debt China is the third-largest, behind only the Social Security Trust Fund's holdings of nearly $3 trillion and the Federal Reserve's nearly $2 trillion holdings in Treasury investments, purchased as part of its quantitative easing program to boost the economy.
[Jester] WHAT IS REALLY SCREWED UP IN THE FED OWNING PART OF IT...
[jackinback] Jester If they own part of it, that must costing us out the Wazoo....
[Jester] jackinback THE FED BUYS THE BONDS... WONDER HOW MUCH THAT IS COSTING... LIKE LOANING MONEY TO YOURSELF AND CHARGING SOMEONE ELSE THE INTEREST....
[Hannah] I guess I thought China owned much more of the debt because I understood that we could not repay them if they should call the debt due. I didn't know about the Fed. Argh!
[Jester] Hannah I DOUBT WE COULD PAY THEM... EVEN THAT AMOUNT IS A STRETCH...
[Hannah] Jester Will that debt be paid after the exchange process is complete. Surely the numbers will be there then, right?
[Jester] Hannah HMMM... HARD TO SAY... I A, NOT PRIVY TO ALL THE PARTICULAR DETAILS AND SIDE DEALS BEING MADE... A LOT OF IT WILL DEPEND HOW SUPPORTIVE THE PEEPS ARE FOR CERTAIN THINGS...
[lurkerinvested] Jester is that why they are talking about going after 401 K and Ira’s?
[Jester] lurkerinvested YEAH... SO I TOOK ALL MY MONEY OUT AND SPENT IT... HAHAHAH...
[Jester] YOU CAN BET THIS... WE HAVE NOT MESSED WITH THEM FROM OUR STANDPOINT HARDLY AT ALL... BUT YOU TRY TO MESS WITH THE 50% THAT ARE GETTING FREE STUFF AND YOU WILL SEE A REVOLUTION... THEY EXPECT THE GOVERNMENT TO TAKE CARE OF THEM... THAT IS THE MATIX THEY ARE ACCUSTOMED TO LIVING IN...
[Jester] SAD BUT TRUE... THEY ARE THE ONLY ONES TALKING... AND IF YOU SAY ANYTHING YOU ARE A HEEL OR A RACIST...
[jackinback] That is just how the GOV likes to keep it....
[Jester] IT WAS ALL DESIGNED THAT WAY TO KEEP YOU UNDER THEIR THUMB...
[Jester] LOOKS LIKE WE ARE ABOUT OUT OF TIME... THANKS FOR COMING IN... SEE YOU TOMORROW...
Jeff Foxworthy -------- Have a Happy Father's Day! You Might be a Redneck: -
if you and your father attend the same class reunion. –
if your dad taught you how to elude a pack of trailing bloodhounds. –
if your biggest childhood memory is standing by the road while Dad worked on the truck. –
if your father fully executes the pull my finger trick during Christmas dinner. –
if the only thing you inherited from your father was Marlboro Miles. –
if you consider your license plate personalized because your father made it. –
if you were born with a plastic spoon in your mouth. –