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Editorial
See other Editorial Articles

Title: I owe more on the US debt than on my house...
Source: US National Debt Clock
URL Source: [None]
Published: Dec 1, 2009
Author: whoever puts that thing together
Post Date: 2009-12-01 17:19:48 by ghostdogtxn
Keywords: None
Views: 267
Comments: 10

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Begin Trace Mode for Comment # 2.

#2. To: ghostdogtxn (#0)

That's another fraud perpetrated on Americans. The debt isn't ours, it's the incorporated government's debt. But I'm sure theyll do everything in their power to get us to help pay them back. But, we received nothing from the debt. Hence, we owe nothing.

hangman  posted on  2009-12-01   17:31:32 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 2.

#4. To: hangman (#2)

ghostdogtxn  posted on  2009-12-01 17:41:08 ET  Reply   Untrace   Trace   Private Reply  


#5. To: hangman (#2)

But, we received nothing from the debt. Hence, we owe nothing.

Yup. I don't see my signature on any note either.

Critter  posted on  2009-12-01 18:19:16 ET  Reply   Untrace   Trace   Private Reply  


#6. To: hangman (#2)

correct..and they've taken our real money. in reality, we're not paying for anything. we're simply using FRNs (debt instruments) to discharge our legal obligation to pay the debt.

christine  posted on  2009-12-01 18:22:48 ET  Reply   Untrace   Trace   Private Reply  


#10. To: hangman (#2)

That's another fraud perpetrated on Americans. The debt isn't ours, it's the incorporated government's debt.

You are correct. The debt belongs to the U.S. Treasury.

The U.S. Treasury was intentionally separated from the U.S. Government and is a private entity. As such, we don't owe even so much as a penny on that debt.

PaulCJ  posted on  2009-12-02 11:32:42 ET  Reply   Untrace   Trace   Private Reply  


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