NEW WORLD ORDER (NWO) -THE ELITE'S CASH COW
DOES THE US DEBT ENSLAVE AMERICA ?
POTUS TRUMP SAYS YES ! END THE FED !
ABOVE: Whether or not this Rockefeller quote is accurate, the elite's ownership of main-stream media is a crucial element of influence and control.
Publish Date: 22 August 2016
Everyone has heard that the US national debt is about $20 Trillion ($20,000,000,000,000)! To put this into perspective, every State in the Union could build 1,000 @ $40,000,000 projects each year for 10 years with this money! At an average interest rate of 1%, the annual minimum payment against the debt must be $200 Billion ($200,000,000,000) per year (about $3.8 Billion per week) annually to prevent compounding.
According to the the US Federal Reserve web page, the 'Fed':
But who are the 'member banks'?
(Continued from above)
The member banks are private banks owned by shareholders. The shareholder's identities are confidential, but they are the banking and insurance business elites. According to Mullins the top eight stockholders of the New York Fed (one of the twelve regional Federal Reserve Banks) were, in order from largest to smallest as of 1983:
Clearly, it is not in the interest for the private banks, who essentially own the Federal Reserve, to reduce the deficit because of the enormous interest payments made on the portion of the $20 Trillion in US debt they control. The portion they control today as loans and leases in bank credit is about $9 Trillion. The basic reserve requirement set by the Federal Reserve is 10%. This means that $900 Billion in interest is currently being paid annually by Americans into to the 'member banks' vaults . Global Research's article describes some of the ins and outs of the golden egg that is the 'Fed'.
Trump's desire to reduce the deficit makes him unpopular with the private banks and financial lending institutions. This in turn explains why so many in DC, both Democrats and Republicans who are under the big bank's influence, despise Trump.
ABOVE: The 'Fed' sets interest rates, not the US Congress (i.e. not your elected officials).
Trump knows what is going on (Donald's Rally - Fredericksburg 20 August 2016)