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Podcast: The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism
Episode: BORROW or ROB FROM PETER TO PAY PAUL (A PONZI SCHEME OF EPIC PROPORTIONS)
Description: The Federal, State and Local government entities failed to comply with the fiscal and financial responsibilities using generally accepted accrual accounting principles acted into low in 1958.
The Federal government then borrowed money using IOR US Treasuries (a Bernie Madoff look-a-like scheme) thur robing from trust funds,to defer paying for the cost of government payroll, pension redemptions, interest on conventional debt, arms contractual obligations, social security checks, foreign aid, proxy war payments, Medicare claims, infrastructure commitments, Federal revenue sharing, that are budgetary items claiming the budget is balanced by adding in debt as cash flow. And added...