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Collins Advocates for Massive Increase to Unpayable U.S. National Debt
Also Agrees with Forcing People to buy into the Failed and Busted “ObamaCare” Health Insurance Debacle
By: David Deschesne
Fort Fairfield Journal, October 30, 2013
DISTRICT OF COLUMBIA—The U.S. government plunged another $350 billion into debt in just seven days following the adoption of a bill pitched by U.S. Senator Susan Collins (Fascist—Maine) and designed to plunge the U.S. even further into debt to international banking conglomerates.
The national debt—now over $17 trillion—equals out to every man, woman and child in the U.S. owing over $48,000 each to the banks and countries that have loaned money to the U.S. government. That means a family of four owes $192,000 of debt to the U.S. government’s creditors without even considering their own household expenses, mortgages, or car payments. Since the current national debt is larger than the amount of all cash in existence, as well as all checking and savings account digital “money” on deposit, the debt and its compounding interest is mathematically impossible to ever pay off, except for when the banks step in to confiscate all the property and resources of the U.S. and all the private homes and business property of its inhabitants. The U.S. military and local police are currently training to take on the American people for the banks, to those ends.
This glaring fact, however, was lost on Senator Collins and the majority of both houses of Congress as they overwhelming voted to increase the nation’s spending limit knowing there is no way to ever pay it off—thus guaranteeing the confiscation of their constituents’ property into the hands and coffers of the private, international banking system collectively known as the “Federal Reserve”. The “Federal Reserve” is not federal and has no reserves. It is a private banking cabal made up of for-profit banks who loan out paper credit certificates and monetize them by turning them into “money” - that is, Federal Reserve Notes. Ergo, all “money” in existence is bits and pieces of other people’s borrowed money—another fact lost on the financially illiterate winners of the recent popularity contest who now infest the halls of the U.S. Congress.
In addition to plunging the U.S. further into an unpayable debt, the Senate and House of Representatives all but guaranteed the funding of the monstrosity that is the “Affordable” Health Care act, a/k/a ObamaCare.
ObamaCare was touted as providing free or affordable health insurance as it mandated every person in the country must purchase health insurance under penalty of law. The ObamaCare law was written by insurance companies in order to prop up their contributing banks who are currently suffering massive financial losses due to their casino-style derivatives ponzi scheme that went belly-up in 2008 and, according to some estimates, places those banks in a debt exposure of nearly a quarter of a quadrillion dollars ($240 trillion).