Welcome to Scary Reality.com


This site dives into the subjects most people would rather ignore
politics, religion, money and sex
 

  Many people will look at this site, rationalize "My life is good, this doesn’t affect me, why should I care? Still have my MTV, BET, ESPN"; impervious to danger, like the Captain of the Titanic steaming full speed toward the iceberg ahead.

  Neither you nor I voted for a National Debt of $17.5 trillion ($17,511,461,705,211.85 on March 13, 2014) nor the squandering so far of $11 trillion on interest payments, we are stuck cleaning up this mess.

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  None of the problems listed is insurmountable. The first step in repairing a problem is to acknowledge there is a problem, then figuring out how it came about, so solutions can be implemented. That being said problems will not fix themselves and sometimes shared pain is necessary. For an overview listing of the contents-index; and a start of solutions to fix some of our problems plus a questionnaire please follow the links. This made in Washington D.C. mess did not happen overnight, but has been building up over the course of decades.

From the Neo-Con blueprint
TYRANNY OF DEBT

  An exceedingly burdensome debt has been created ($17.5 trillion). For the payment of interest it becomes necessary to have recourse to new loans, which do not swallow up but only add to the capital debt. And when this credit is exhausted it becomes necessary by new taxes to cover, not the loan, BUT ONLY THE INTEREST ON IT. These taxes are a debit employed to cover a debit.

“Let me issue and control a nation’s money and I care not who writes the laws.”
Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.

 
If the loan bears a charge of 5 per cent, then in twenty years the State vainly pays away in interest a sum equal to the loan borrowed,
($17.5 trillion) in forty years it is paying a double sum,($35 trillion) in sixty - treble,($52.5 trillion) and all the while the debt remains an unpaid debt.

  When the $11,000,000,000,000 ($11 trillion) already squandered for interest is added to the debt still owed this becomes a lot of money.  This was a great plan for the banks/lenders but a horrible plan for those having to pay the interest!
  When you consider the debt load of Greece or Italy and the austerity measures that they are being forced to endure to borrow money, there is a serious problem approaching. Interest rates on the debt of some Euro-zone countries are now over 7%; doubling the interest rates on U.S. debt would raise our interest to 6.5%; our interest payment would go from $434 billion per year to $878 billion per year, thereby rendering the United States, financially, little more than a glorified third world country.

  It seems that our politicians’ are somewhat confused, the reason a large number of us did not vote for Mr. Romney and the Republicans was because President Obama and the Democrats were viewed as the lesser of two evils, (that is a sad way to run this country).

  As in science, medicine, engineering and even finance there are laws and there are theories, one law that crosses all spectrums is the Law of Unintended Consequences: President Clinton could never have foreseen that Monica Lewinsky would not send her blue dress to the cleaners, but instead leave the stain as a keepsake. The married Speaker of the House and prosecutor at President Clinton's impeachment trial, Newt Gingrich was having an affair while airing Ms. Lewinsky’s dirty laundry. After Gingrich, came the Speaker-designate, Representative Bob Livingston, who announced the end of his candidacy for Speaker and his resignation from Congress from the floor of the House after his own marital infidelity came to light.
  Most people did not care, nor did they want to know about the sexual escapades of Clinton or Gingrich or Livingston. It was the Republican hypocrisy, which became known because of the Law of Unintended Consequences that really ticked people off.

  President George Washington in his farewell speech warned the people of the dangers of Potentates’; Political Parties & Debt: it is too bad that the people have disregarded/ignored his sound advice!

  Back to our debt problem
  The greed, maneuvering and hypocrisy of to many elected officials is disgusting. Some of us do not suffer from amnesia, we have a $17.5 trillion debt because the Republicans took this country off the gold standard back in 1971, when Nixon was President, to pay for the War in Vietnam and this country has been living on borrowed money ever since.
  From 1945-1971, the period of the "gold exchange standard", the US fixed the dollar to gold at $35 an ounce. Doubling the price to $70 per oz equals a 100% increase; at $350 an oz that is a 1000% price increase.
  The total amount of gold owned by the U.S. Treasury is 261,498,926 ounces.
  For the United States to go back to the gold standard each ounce of gold that the Federal Government owns would have to be priced over $65,774 (Dec 2013); Leaving the gold standard in 1971 so that paper money without a standard could be printed to pay for the Vietnam War started the slide that let our elected officials in United States run up this disastrous National Debt.

  In 2001 instead of using the surplus money the government was taking in to pay down “our” National Debt, President Bush and the Republicans (G.O.P.) decided to run up a Strategic Deficit, never taking into consideration the law of unintended consequences, (Strategic deficit to cut programs) this plan was concocted while the Republican President Reagan was in office.
  Interest paid out since the start of the Reagan Republican era exceeds $11 trillion! Interest (usury) paid out for fiscal year 2012 which ended Sept. 30 2012 was $434,796,008,919; imagine the infrastructure that could have been repaired, the space programs lost, the medical research that could have been accomplished instead of tossing the people's money away on interest.

  From 1940 through 1963 the highest tax rate was over 80 percent going as high as 94 percent according to the IRS site on tax rates. That is how World War II & the Korean Wars the Interstate Freeway System our bridges and the infrastructure was paid for.

Unfettered "capitalism" is every bit as dangerous as communism and fascism
and

Tyranny is legal when tyrants make the rules

What will it take for the masses to wake up

  Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”

  The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s

  One private equity chief went so far as to publicly thank Ben S. Bernanke, the Federal Reserve chairman until last month, whose program of extraordinary economic stimulus has helped push stocks higher, feeding the private equity machine.  “Thank you, Ben Bernanke. I saw him last Thursday, and I thanked him,” Mr. Schwarzman of Blackstone said during a conference in December. “The opportunity for us to be able to attract funds is very, very high.”
  Stephen A. Schwarzman, the head of the Blackstone Group, took home $452.7 million, also more than double what he made in the previous year.

  Invitation Homes: Dallas-based subsidiary of The Blackstone Group has spent $8 billion buying about 43,000 homes nationwide.

  Yes Ben; thanks for twisting that knife in the back of We The People Ben; now I understand why people are having such a difficult time buying a house.

  Let me guess Mr. Schwarzman and his ilk aren’t making enough money and that is why the Boeing Machinists had to give up their pension.

  The Federal Reserve Bank (which is not run by the United States government and which came into existence because of the Federal Reserve Act of 1913) is currently engaged in a controversial policy known as quantitative easing, buying $45 billion in Treasuries each month ($540 Billion per year) and $40 billion mortgage-backed securities each month($480 Billion per year) that equals $1,020,000,000,000 ($1.02 trillion).

Why be Disingenuous

Jack Lew’s “Extraordinary Measures” on Debt
Just “Cooking the Books”

Morgan Brittany

Aug 19, 2013 Town Hall Finance.com

  If I ran my finances like the Federal government I would either be bankrupt or in jail. It never ceases to amaze me how creatively corrupt these people are.
  A little known story that got absolutely no coverage from the mainstream media surfaced last week about the reports from the Treasury Department’s Financial Management Service. The FMS reports both the Daily Treasury Statement and the Monthly Treasury Statement. According to these reports the federal deficit rose by $98 billion dollars in July, but somehow the federal government’s debt remained exactly the same at $16,699,396,000,000 for the whole month.
  Hmmm…how does that happen?  Well, it seems that Treasury Secretary, Jack Lew got a bit creative and magically decided to stop the addition of more debt from showing up in the reports. Wow, don’t we all wish we could do that?  Let’s say at the beginning of the month our bank balance was $3000. Throughout the month we spend money, write checks, go out to dinner, and then magically at the end of the month our bank balance is exactly the same as when we started!  $3000!  Sounds good until you realize that the only way to achieve that is to “cook the books”.
  When you delve deeper into what the Treasury Department did, you see that there is a magic number of $16,699,421,000,000 to reach the debt limit set in a law passed by Congress and signed by the King himself. Isn’t it odd that the number reached when the clock stopped ticking was about $25 million below the limit?
  If the clock had continued to click, by the end of July it would have gone over the legal debt limit and would have been in violation of the law.  However, according to the Monthly Treasury Statement for July, even though money was spent, their reports didn’t show a change in the debt by even one penny. Isn’t that the definition of “cooking the books”?
  When it became apparent that the debt was going to exceed the limit, Jack Lew sent a “cover my behind” letter to Speaker John Boehner explaining that he was going to take “extraordinary measures” to prevent the Treasury from exceeding the legal limit on the Federal debt. This massaging of the numbers has been going on for months now. Why doesn’t Boehner ask any questions and why does he let Lew and this administration get away with manipulating the numbers?
  This is just another way to circumvent Congress. Lew knows that he doesn’t have to explain anything, he just does it. There will be no pushback from Boehner or Congress. To them, this type of juggling figures is perfectly normal. So Lew says that these “extraordinary measures” will provide another $260 billion to give them headroom, but who knows if that hasn’t been spent already?
  Do they really think we won’t notice that the clock stopped ticking? Well, some of us anyway. If this is their MO, “cooking the books” and manipulating the numbers at their whim, how much is the debt really? 
  Let’s just call it what it is. It is a blatant lie to the American people about how much trouble we are in. They can play these games for awhile, but sooner or later this whole thing is going to implode. 

Morgan Brittany
Politichicks.tv@MorganBrittany4


  Despite being warned, President Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote:I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most  completely controlled and dominated Governments in the civilized world no longer a  Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men. -Woodrow Wilson

  History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance. -James Madison

This nation's path to fiscal ruin

  An internal Goldman memo suggested that speculation by investors accounted for about a third of the price of a barrel of oil. A commissioner at the Commodity Futures Trading Commission, the federal regulator, subsequently used that estimate to calculate that speculation added about $10 per fill-up for the average American driver. Other experts have put the total, combined cost at $200 billion a year.

The Federal Reserve Bank & The Knife in Your Back

  A Financial Coup of the United States has taken place; all is ok, MTV, ESPN and Dancing with the Stars are still on.

  Our elected officials appear to prefer serving the Industrial Spy Complex, Special Interest Banks, Insurance Companies and Hedge Fund Gamblers instead of We The People. Decide to get involved, call your legislative representatives let them know how you feel about $11 trillion squandered so far for interest on our children’s $17.4 trillion National Debt; to repair this mess your involvment is needed; it is your country! Do not expect them to listen right away, you will have to call them again and again, might want to enlist friends and family; Special Interest groups have been wining and dining some of “our” elected officials’ for decades.

Why were the banks allowed to raid the FDIC? Because that is where the money was.

Taken for a Ride Again (4 1/2 min video)

Loophole manufactured, loophole exploited.

YOUR ACTION NEEDED:

Contact your elected representatives in Washington DC and tell them to get over their party differences and get to a solution NOW.  Let them know you are disappointed that $11 trillion has been squandered so far paying interest on the $17.5 trillion National Debt.

Here is a list of contact information Address & Phone Numbers

  The links to The Affordable Care Act (Obamacare) and RFID technology that were at the bottom of this page have been moved to the link “contents-index” (above).

For the red-neck, blue-collar & Christian crowd (an observation)

This site accepts no outside money and has been online since 2004.
Site contains over 400 articles and runs over 3500 pages.
Have been questioning the wisdom of running up these kinds of debts,
deficits and interest payments dating back to the spring of 1992.

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Aluminum flat-beds for trucks
He served in the Air Force
If other ads show up contact you browser or switch to GOOGLE.
If you have questions may this site help some in your search for answers.
Editor: scaryreality.com
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