One Trillion Dollars

A one trillion dollar stack of bills would reach two thirds the way to the moon!

The trillion $ deficit has to be paid for by someone.  The Treasury issues notes or bonds that is purchased by someone or some country that has a lot of dollars because of a trade imbalance.  That would mean either China or the Arab oil producing countries. Since China said it would not buy any more of our debt, that leaves the Arabs.  They have a huge amount of dollars because of the huge run up of the price of crude last summer. The spike of crude was the result of exempted speculators who were in London and Dubai manipulating the price of crude. So we have Arab speculators influencing our election by causing misery among Americans, who then clamor for CHANGE.  Now we go back to 1994, financiers from the J.P. Morgan bank gave a group of young MIT graduates in financing engineering an assignment. "We lend money, the bank said.  The law makes us keep cash reserves to back those loans. But we want to use those reserves to lend more money. Find a way! Answer- insure the loans. We will call these insurance contracts. Credit Default Insurance. Since the Insurance is regulated by the government we will call them Credit Default Swaps and sell them to AIG the global Insurance Co. Soon the value of the CDS market equaled 60 trillion $. Then there was a man named Hank Paulson, head of Goldman, Sachs. In April of 2004 he and his buddies asked the SEC to change an existing law. The old law limited the amount of debt [and risk] the stock brokerage parts of investment banks could incur. Hank wanted to use the money to make money by investing in an innovation called Cuss's. It took the SEC 55 minutes to change the law and exempt the investment banks like Bear Stearns and Lehman Bro., and they  jumped at the chance to buy CDS's.  The financial meltdown happened right before the election. Good timing.  We need change!  So the wealth of many Americans who had 401 k's and IRA's was reduced by at least a third. Our debt will be purchase by Arab Muslims, our country flooded with a permanent voting block of illegels, sounds like a clever conspiracy to me and now the job is to peak behind the curtain to see who is behind this.